Stories about Finance

Oct 22 2018

US Mega Millions jackpot hits $1.6bn

The winning numbers on Saturday were 16, 54, 57, 62, 69, and the Powerball was 23. On Tuesday, that would mean a total of almost $905 million - before taxes, according ...

Oct 20 2018

Despite Trump criticism, Fed sees need for more rate hikes

Other officials said they would oppose a restrictive rate policy without clear signs of an overheating economy and rising inflation. Powell has so far brushed aside Tru...

Oct 20 2018

Tesla Debuts Mid-Range Model 3 for $58800 in Canada

The vehicle's top speed has also been reduced from 145 mph (233 km/h) to 125 mph (201 km/h), while 0-60 mph (96 km/h) acceleration takes 5.6 seconds, 1.1 seconds more tha...

Oct 19 2018

Massachusetts Powerball player wins $1 million

But when it gets close to $1 billion, even he can't resist, knowing he just bought the winning ticket. And if you want to buy Mega Millions tickets in time for a chance...

Oct 18 2018

$5M winning ticket for Tuesday night's Mega Millions sold in SA

In 2016, a $1.6 billion Powerball prize was split three ways by ticket holders from California, Florida and Tennessee. That jackpot has reached an estimated $345 million....

Oct 16 2018

China's RRR cut will add RMB 750 bln into the economy

Reserve requirement ratios (RRRs) - now 15.5 per cent for large institutions and 13.5 per cent for smaller banks - would be cut by 100 basis points effective Oct 15, ...

Oct 16 2018

Saudi Arabia told to investigate disappearance of missing journalist

But, he said , the Saudi intelligence official was tragically incompetent as he eagerly sought to prove himself in secretive operations. According to CNN , the report...

Oct 15 2018

Sears to close almost 150 more stores, files for bankruptcy

The company has struggled with outdated stores and complaints about customer service even for its once crown jewels: major appliances like washers and dryers. According t...

Oct 14 2018

Facebook trims data breach to 29 million users as FBI probes

A recent data breach saw hackers gain access to a wide range of information relating to millions of Facebook users, the social media company has said. For those 400,000...

Oct 14 2018

Trump says he knows economy better than Federal Reserve chair

But he downplayed the first major drop in months, saying it was a "correction that we've been waiting for". Trump has often pointed to stock market records set during h...

Oct 12 2018

Court convicts American pastor, allows him to leave Turkey

A person involved in efforts to free Andrew Brunson say the 50-year-old pastor from North Carolina could be freed at his next court appearance on Friday. The charge o...

Oct 12 2018

Brexit: British Prime Minister Theresa May faces backlash from within Cabinet

EU leaders are due to meet for dinner in Brussels next Wednesday and hope to agree a withdrawal treaty with Britain that Barnier said was 80-85 per cent ready but on whic...

Oct 12 2018

China trade surplus with U.S. reaches record $34.1 billion

The increase, the result of both increasing exports from China to the USA - up 14.5 percent from the same month previous year - and a decline in the goods that China is ...

Oct 11 2018

Trump 'demanding' answers on Khashoggi

This is the conclusion of Turkish officials as to the fate of Khashoggi , 59, who was last seen walking into the Saudi consulate in Istanbul October 2. Turkish, US and B...

Oct 08 2018

Hiring on a roll, jobless rate 3.7%

Florence-related flooding and damage in North Carolina and SC was expected to influence the data, though on a smaller scale than the 2017 disruptions from hurricanes Harv...

Oct 05 2018

New Trade Deal to Benefit Dairy Farmers

The Dairy Farmers of Canada , which released a statement from its president saying the deal "will have a dramatic impact" on the sector and farmers, can't answer if ...

Oct 05 2018

Chinese spying microchips found in Apple, Amazon computers

Apple Inc ( AAPL .O) and Amazon .com Inc ( AMZN .O) denied a Bloomberg Businessweek report on Thursday that said their systems had been infiltrated by malicious com...

Oct 05 2018

Fuel Prices: Center Finally Responds To Common Man’s Plight

The central government will bear a revenue loss of around Rs 10,500 crore due to today's cut in excise duty on petrol and diesel prices . Taxes on petrol and diesel...

Oct 04 2018

Trudeau affirms China trade aspirations after USMCA's 'non-market' requirement

In a rare piece of good news for global trade, the two countries announced overnight that they had reached an agreement after months of talks. "I'm not happy, I'm ecsta...

Oct 03 2018

Bernie Sanders Congratulates Jeff Bezos For Taking His Advice

Beyond the US, Amazon announced it will pay 10.50 pounds an hour in London and 9.50 pounds in other parts of the UK. It's a serious shift away from the strained relat...