Business

Trump pessimistic about Khashoggi's fate, says 'not looking too good'

Trump pessimistic about Khashoggi's fate, says 'not looking too good' The Washington Post reported that bin Salman had himself ordered an operation targeting the journalist, a former Saudi government adviser. JP Morgan CEO James Dimon and Ford chairman Bill Ford said on Sunday they would also not attend. [Full Article...]

Click here for the winning numbers in tonight's Mega Million drawing

Click here for the winning numbers in tonight's Mega Million drawing Maybe you'll want to get in line at this South Land Park store before Friday night for one of the largest payouts in the game's history. The chance of matching all six numbers and winning the jackpot is one in 302.5 million. The top prize reached $548 million, with a one-time cash option of $309 million. After Tuesday's picks this week, the jackpot climbed $78 million after no one matched all si... [Full Article...]

Facebook says hackers accessed 29 million people's accounts

Facebook says hackers accessed 29 million people's accounts Rosen said the attackers, who have not yet been identified, were able to access the private messages of just one of the 30 million affected users. The company said Friday there's no evidence this is related to the midterms. In the next days, Facebook will also message those affected telling them which information attackers could have accessed, and will provide tips on how they can protect th... [Full Article...]

Donald Trump respects independence of the Fed, U.S. treasury secretary says

Donald Trump respects independence of the Fed, U.S. treasury secretary says The Fed is doing what it thinks is necessary, but I don't like what they're doing because we have inflation really checked and we have a lot of good things happening. "In the absence of a specific trigger, investors are now voting with their feet due to mounting concerns around trade tensions and the impact on global growth, higher interest rates in the US, and a potential rotation away from equit... [Full Article...]

Will release of $109bn reserve boost China’s flagging economy?

Will release of $109bn reserve boost China’s flagging economy? Almost half - 18 of 37 common contributors in the latest survey and a September poll - revised forecasts to a weaker yuan, citing expectations for more policy easing from China's central bank in coming months. approach toward Beijing beyond the trade war. "We expect the dollar rally to lose steam". Tokyo was closed for a public holiday. Tourism spending by domestic travellers in the first ... [Full Article...]

Financial Times reports: UK PM Theresa May says Brexit deal is close

Financial Times reports: UK PM Theresa May says Brexit deal is close Theresa May must abandon her plans for free trade deals with the rest of the world in order to get a Brexit deal, the EU's chief negotiator Michel Barnier said yesterday. Cabinet Office Minister David Lidington is also due to hold Brexit meetings with figures from the UK's devolved administrations on Thursday. The OBR, an independent non-departmental public body, said it was "next to imposs... [Full Article...]

Khashoggi case should not be politicized, says United Nations expert

Khashoggi case should not be politicized, says United Nations expert But the 18 others also signed the letter to send Trump a strong bipartisan message of support for a serious USA response to Khashoggi's disappearance, Senate aides said . State Department spokesperson has denied the U.S. had any prior knowledge of a plot against Khashoggi. More than 20 Republican and Democratic senators instructed Trump to order an investigation into Khashoggi's disappearance... [Full Article...]

Stock prices plummet amid tech selloff, rising interest rates

Stock prices plummet amid tech selloff, rising interest rates There have recently been several indications that the USA housing market has cooled, likely in part due to higher rates on mortgages. In the 1973-74 stock market crash, for instance, the S&P 500 peaked around 700 in December 1972, and then dropped a percentage point or two nearly every month through October 1973, a 15% decline overall. [Full Article...]

IMF's Lagarde warns against trade, currency wars, urges fix to global rules

IMF's Lagarde warns against trade, currency wars, urges fix to global rules Obstfeld made the remarks at a press briefing during the Fund's annual meetings held at the resort island of Bali in Indonesia , according to a wire service. Financial Tensions It said after years of an extremely supportive financial environment, the global economy remains vulnerable to a sudden tightening of financial conditions. [Full Article...]

Corker says evidence points to Saudi involvement

Corker says evidence points to Saudi involvement Khashoggi and transported his body out of the consulate. The Washington Post , for which Khashoggi was a contributor, published a surveillance image Tuesday showing the Saudi reporter at the consulate. Twelve of them arrived early on Tuesday, based on photos captured at passport control which it published. It did not say how it obtained the pictures and data. [Full Article...]

U.S. stocks plunge further, Dow drops 830 points

The blue-chip index plunged more than 830 points - or 3.2 percent - at its close as traders fretted about raising interest rates and the sell-off of once-high-flying tech stocks. Since early 2009, the S&P 500 has quadrupled, driven higher by the USA economic expansion, hefty profits for corporations and historically low interest rates, all of which makes stocks an attractive investment. [Full Article...]

Saudi leadership ordered Khashoggi's murder, Turkey says

Saudi leadership ordered Khashoggi's murder, Turkey says Republican Sen. Lindsey Graham of SC has warned that if there was any truth to the allegations of wrongdoing by the Saudi government , it would be "devastating" to the U.S. "I'm not happy about it", Trump said of Khashoggi's disappearance. Reporter: "What do you know at this point?" A key US lawmaker, Senator Tim Kaine of Virginia, told VOA the unfolding drama could significantly affect USA... [Full Article...]

‘Got another friend request from you’ scam hits Facebook

‘Got another friend request from you’ scam hits Facebook This instance, Facebook said, occurred from cloning, which happens when a spammer creates a new account under your name, often times using your pictures and sending friend requests. You did not send anyone a friend request. But despite viral messages claiming otherwise, Facebook profiles are not being "cloned". I had to do the people individually. [Full Article...]

Hurricane Michael Is Strengthening And Taking Aim At The Florida Panhandle

Hurricane Michael Is Strengthening And Taking Aim At The Florida Panhandle Along the coast, some areas could see storm surge and strong winds as Michael moves out to sea by the weekend. Michael is now officially a Category 1 hurricane , and is expected to be a Category 3 when it makes landfall Wednesday . [Full Article...]

U.S. reconsiders 'zero tolerance' policy on Iran oil imports

U.S. reconsiders 'zero tolerance' policy on Iran oil imports On Wednesday, Brent hit its highest price since late 2014, at $86.74. The revelation that Russian Federation worked privately with the Saudis "on Trump's order" to aid the US effort to halt Iranian oil exports without causing a supply shock seems to contradict Russia's public promise to defend Iran's economy against aggressive USA sanctions. [Full Article...]

Healthcare job growth continues; hospitals add 12K positions in September

Healthcare job growth continues; hospitals add 12K positions in September Hourly pay edged up 0.3 percent for the month, and is 2.8 percent higher than the same month previous year, a notch above inflation. The health of the United States economy and reinforced rate rise expectations helped to trigger the sell-off in Treasuries, sending the yield on the 10-year paper to 3.23 per cent this week, its highest level in seven years. [Full Article...]

No Delaware stores listed in first wave of Mattress Firm closings

No Delaware stores listed in first wave of Mattress Firm closings It now has more than 3,300 stores in the United States. CEO Steve Stagner said in a statement that the mattress retailer would be closing as many as 700 stores in markets where it has too many locations . " Mattress Firm has been facing significant operational challenges which management is addressing through its turnaround plan", Steinhoff's acting chief executive Danie van de Merwe said. [Full Article...]

Oil prices rise on Iran sanctions, outlook uncertain

Oil prices rise on Iran sanctions, outlook uncertain The investment bank said there was enough oil to meet demand, but "global spare capacity is dwindling to the lowest level that we can document. meaning any further supply disruptions would be hard for the market to manage - and could lead to spiking crude oil prices ". [Full Article...]

USA job growth slows but unemployment rate falls to 3.7%

USA job growth slows but unemployment rate falls to 3.7% With the unemployment rate so low, companies are facing intense pressure to boost pay to find the workers they need. Pointing to the economy's health, the Fed last week raised its benchmark short-term rate and predicted that it would continue to tighten credit into 2020 to manage growth and inflation. [Full Article...]

End divisions or put Brexit at risk, May tells party

End divisions or put Brexit at risk, May tells party North Shropshire MP Owen Paterson, who has pledged to defy the party whip and vote against Chequers if was put before the Commons in its present form, warned that the PM was becoming more vulnerable the longer she continued pushing for this deal. [Full Article...]


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