Stories about Economy

Jan 18 2019

USA investigating whether Huawei stole trade secrets

The latest allegation could deepen the trade rift between China and the USA and put more pressure on Huawei, which is at the centre of suspicions that its equipment all...

Jan 18 2019

NAIAS: Cadillac gives preview of EV crossover concept

Cadillac also announced a new XT6 crossover and shared plans for a revised Escalade and a performance sedan. GM said its gearing up to position Cadillac as a luxury ri...

Jan 18 2019

Trump signs bill to compensate 800000 federal employees impacted by government shutdown

JPMorgan's Jamie Dimon told reporters Tuesday that he expects USA economic growth to slow to nothing this quarter if the government shutdown continues. In her reque...

Jan 16 2019

Theresa May's Brexit deal suffers the largest Commons defeat in 95 years

Embattled British Prime Minister Theresa May faces a perilous "no-confidence" vote in Parliament Wednesday after her plan to withdraw from the European Union suffered...

Jan 16 2019

China court sentences Canadian to death as diplomatic row deepens

While it's unclear whether the sentence was implemented in response to the recent riff between the two countries, Trudeau suggested that China had arbitrarily applied the...

Jan 16 2019

McConnell looks to shift blame for shutdown to Pelosi

The House and Senate have announced they will cancel an upcoming recess week if the shutdown continued, which seemed likely. Trump told the players and coaches that he ...

Jan 16 2019

Ocasio-Cortez should worry markets, Horizon’s chief global strategist says

The appointment represents a vote of confidence from party leadership after Ocasio-Cortez was left off the House Ways and Means Committee, which oversees economic policy ...

Jan 12 2019

China retailers slash iPhone prices after Apple sales warning

Apart from the camera and a faster processor, we are likely going to see Apple debut some AR features with the devices as well. In total, six retailers have instituted ...

Jan 12 2019

China Trade Talks Extend to Wednesday, Trump Sees Progress

China's Ministry of Commerce said Thursday the two sides would "maintain close contact". As per the Chinese Commerce Ministry statement, both countries "conducted exten...

Jan 11 2019

Kim Jong-un leaves China with 'backing for second Trump summit'

President Donald Trump . -North Korea summits and hopes the two sides 'will meet each other halfway '. Kim said during his China visit this week that there is no ch...

Jan 11 2019

Taiwanese technology giants unveil new products at CES 2019 | Tech

More than 180,000 people are attending this year's CES, which will have more than 4,500 exhibits. The startup's founder and CEO, Lora Haddock (pictured above), has also g...

Jan 09 2019

US, Chinese officials extend Beijing trade talks

But economists say that is too little time to resolve issues that have disrupted U.S. Asian stocks markets jumped after the talks were extended for an unscheduled thi...

Jan 08 2019

Tax refunds could be delayed due to government shutdown

During the shutdown, the IRS can do many of its activities, such as protecting government property, process returns that come with payments and conduct criminal investiga...

Jan 07 2019

Weather Channel app accused of selling users’ personal data

Depending on how the lawsuit filed Thursday plays out, it could come as a serious credibility and financial blow, not just to the Weather Company , but also IBM. Feuer s...

Jan 03 2019

Lexington police saddened after box truck carrying donuts catches fire

The photos show the officer pretending to cry, devastated at the loss of their beloved Krispy Kreme treats. Police departments across the country are offering their con...

Dec 28 2018

Amazon reports record holiday season buoyed by devices, including Echo Dot

Glam Glitter Series doll, Bose Corp. wireless headphones and clothes from Carhartt Inc. Amazon's holiday shopping announcement is filled with other interesting facts ab...

Dec 27 2018

Oil prices fall after jump the day before; glut, economy worries weigh

Worldwide standard Brent crude fell around one per cent to $53.92 per barrel in the early morning as worries over increased supply and poor global economic conditions h...

Dec 27 2018

Shutdown cuts Christmas vacation short for Federal employees

Wednesday brings the first full business day after several government departments and agencies closed up over the weekend due to a budgetary stalemate between President ...

Dec 25 2018

What's open and closed on Christmas Eve, Christmas Day and Boxing Day

Here's a quick look at the store hours for Family Dollar , Dollar General , and Dollar Tree . And so does Kohl's which has been open non-stop since 7 a.m. Aventura Mal...

Dec 23 2018

U.S. stocks suffer worst week in seven years

For the day, the Nasdaq index fell nearly 3%, the S&P 500 tumbled more than 2%, and the Dow slid 1.8%. The broad-based S&P dropped 1.5 per cent to 2,506.87, while the t...