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Global stocks edge higher on rising oil prices, but trade worries persist

Markets in Hong Kong, meanwhile, were closed on Monday for a holiday. Elsewhere in currency markets, the euro, which had been pressured by political uncertainty in Germany, pared losses after Chancellor Angela Merkel's conservatives settled a row o...

Leaked Trump Draft Bill Would Ditch WTO Trade Rules

Additionally, the European Commission has warned the Trump administration that imposing tariffs on cars imported from Europe will harm trade, growth and jobs in the USA and overseas. And so it's been driving Mack trucks through loopholes in the WTO a...

China issues warning for citizens travelling to US

His company, which sells sauvignon blancs and zinfandels to distributors in China has lost a half-million dollars in orders since China slapped tariffs in April on $3 billion worth of US fruits, nuts and wine. imports are set to take effect on July 6...

The Golden State Warriors Have Broken the National Basketball Association

In fact, James' Lakers jersey is the only one sold during free agency that's cracked the company's top 10. The iconic Nike LeBron James banner will be an icon of Cleveland no more as it is being taken down Tuesday, according to WJW .

Canada retaliates tariffs on USA metals, orange juice

The economist tapped by Lopez Obrador to lead Nafta talks if he wins said on June 26 that he hopes a deal can be reached "within a couple of months". The Chamber based its state-by-state analysis on data from the U.S. Department of Commerce and g...

Canada tariffs on US goods from ketchup to lawn mowers begin

The stress on the trading relationship between Canada and the U.S.is already starting to raise the cost of construction and manufacturing in the United States, according to Sandy Baruah, president and CEO of the Detroit Regional Chamber of Commerce...

Trump's Tweet on Deal With Saudi King Makes Oil Prices Plummet

It's awful what they do to us, he said . Oil is surging as the USA pushes allies to end imports of Iranian crude, as global supply disruptions persist and American crude inventories are already at the lowest since January. Apart from Iran, Venezue...

Leaked documents show China using tariffs to target Trump's base

Even former White House Communications Director Anthony Scaramucci got in on the fun, saying the reported plan "stinks". Axios reported that "most officials involved in the bill's drafting. Asked if he planned to pull out of the WTO, Trump sai...

Walmart faces boycott calls over ‘Impeach 45’ T-shirts

Trump supporters are free to boycott, of course, but as Fox News noted , there are also plenty of items on Walmart's marketplace with Trump's slogan, "Make America great again". Walmart has been targeted before by angry shoppers after controversia...

Lopez Obrador elected Mexico’s new president with 53 per cent of vote

Most voting locations in Mexico closed at 6 pm, local time. Supporters of the presidential candidate for the "Juntos haremos historia" coalition, Andres Manuel Lopez Obrador, celebrate at the Zocalo square in Mexico City, after getting the prelimi...

"No": Dutch Prime Minister awkwardly interrupts President Trump

Trump said he would discuss the dispute with European Union officials before saying: "If we do work it out, that'll be positive, and if we don't, it'll be positive also because..." before Rutte interjected by saying "No!". Trump thanked Rutte and the...

Amazon Prime makes spirits brighter with free alcohol delivery in Dallas

Prime Wardrobe will rival established online shopping and subscription services such as Stitch Fix and Nordstrom's Trunk Club, though those services offer a personal stylist. Once users try the clothes, the remaining pieces will be picked up by Am...

Donald Trump, Saudi king discuss oil markets, no mention of production plans

However, the U.S. Energy Information Administration estimated that OPEC crude production only decreased from 32.7 million barrels per day in 2016 to 32.5 million in 2017, a drop of less than one per cent. "Iran is in a really terrible position righ...

Dell Deals Another Dandy, Going Public Once Again

The share-swap decision came after a monthslong strategic review as Dell wrestled with a bulging debt load built through a $25 billion leveraged buyout in 2013 that took the company private and the EMC deal, which added tens of billions of dollar...

Dan Gilbert pens LeBron James another farewell letter, skips using comic sans

James informed the Cavaliers on Friday that he would not exercise his $35.6 million contract option. In a tone and tenor much different than his letter to Cavs fans following James' stunning move to Miami in 2010, the Cavs owner sent a message ...

U.S. officials visiting Gulf allies to co-ordinate Iran sanctions

The official warned countries including China and India, who are key buyers of Iranian oil, that they should stop purchasing crude from the country before the November deadline or face U.S. As a result, USA supply growth is expected to level off at a...

Tesla Production Hits 7K Cars a Week

The second quarter ended on Saturday, and with it Tesla's deadline for producing 5,000 of the company's Model 3 electric vehicles. The company also says that it is looking to make a net profit in the second half of the year despite the volatile glo...

Amazon seeks entrepreneurs for delivery service

As shoppers increasingly demand that things from hot meals and groceries to dresses, bedding and electronics be dropped off at their doorsteps, retailers are betting big on delivery services that will get them there faster. Olaoluwa Abimbola, who was...

Trump pressures Saudi Arabia to increase oil production

OPEC agreed with Russian Federation and other oil-producing allies this month to raise output from July by about 1 million bpd. However, a source familiar with Saudi Arabia's production plans told Reuters earlier in the week of the kingdom's in...

Adidas warns customers of potential data breach

Common additional factors of authentication include answering questions about personal information, having a special code texted to your smartphone or recognizing a preselected image on your login page. "We take the protection of that information ver...

Opposition leaders say Modi government has failed to bring back black money

Swiss banks themselves have previously pointed out that Indians have "few deposits" with them compared to other global financial hubs like Singapore and Hong Kong amid the stepped-up efforts to check the black money menace. Citing reports, Mr. Goya...

Stocks mixed as investors keep eyes on US-China tensions

Chinese people are reflected on a glass panels of the Apple Store as they walk through the capital city's popular shopping mall in Beijing , Thursday, June 28, 2018. The report highlights the clash between Beijing's insistence it has honored market-...

Trump urges Saudis to raise oil output 'by two million barrels'

The Saudi Press Agency confirmed that Mr Trump had called King Salman bin Abdulaziz, Ruler of Saudi Arabia and the Custodian of the Two Holy Mosques. The leader of OPEC said it plans to pump a record-high 11 million barrels of oil per day in Jul...

Zero oil exports for Iran 'impossible,' says official

New efforts would begin in July and could lead to an increase in global production levels of as much as 1 million barrels of oil per day. The United States has told all countries to stop importing Iranian oil from November, as the Trump administr...

Tesla: Musk Sidetracked By Farting Unicorn

We hope you keep creating more renditions of your farting unicorn, and that people keep buying them. Similar images of farting unicorns have been used for Tesla's in-vehicle interfaces and promotional material, although Edwards was only alerted t...

Canada hits U.S. with retaliatory tariffs on metals, whiskey, maple syrup

On March 1, President Donald Trump announced that the United States would be imposing a 25 percent on all imports of steel into the United States, and a 10 percent tariff on all aluminum imports. We're taking strong responsive measures to defend th...

As Toys "R" Us Closes For Good, Workers Campaign For Severance

In 2017, Toys "R" Us filed for bankruptcy and in March 2018 the company announced it was going out of business and closing all USA stores . Be sure to read how we think Toys R Us has helped define our childhoods throughout its long run .

Florida company may have exposed personal data of every American adult

Earlier this month, security researcher Vinny Troia found that almost 2 terabytes of data was exposed, which seems to include personal information on hundreds of millions of United States adults and millions of businesses, the report said.

Trump asks Saudi Arabia to increase oil production

During the call, the Saudi king and Trump emphasized the need to preserve oil market stability and efforts of oil-producing countries to compensate for any potential shortage, Saudi state media reported on Saturday. The government and parliament ha...

Saudi Arabia plans record crude oil production in July

Traders said prices were mostly driven higher by uncertainty around oil exports by Libya , a member of the Organisation of the Petroleum Exporting Countries (OPEC). Three of the biggest oil ETFs got a boost Tuesday as the U.S. State Department orde...

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Breaking News

China's September trade surplus with U.S. widens to record $34.13 billion

However, an oil trader told Reuters that refinery run rates have been on the rise last month, suggesting demand for fuels was improving. China's exports to the USA rose to $46...

Turkish prosecutor seeks 10-year jail term for United States pastor

He was swept up in the wave of arrests that followed the botched military coup in 2016, during which tens of thousands of people - including artists, intellectuals and ordinary Tur...

President Trump blames 'loco' Federal Reserve for October's big stock drop

The Fed, as you know, is gradually raising short-term rates to unwind the zero-percent rates it imposed in 2008-2009 to combat the financial crisis. Trump said he had no intent...

International Monetary Fund downgrades outlook for U.S., China as result of trade war

The fund also slightly lowered its forecast for Japan's economy to 1.1 percent growth in 2018, down 0.1 of a percentage point from an April estimate, but maintained a prediction ...

European Union officials warned to prepare for no-deal Brexit

As manufacturers of cars and other goods warn the Theresa May government of job losses and other impact of Brexit, a report promoted by former prime minister Tony Blair on Thur...

Tech stocks lead Wall Street slump as investors shun risk

Wall Street stocks plunged Wednesday, with major indices losing more than three percent in a selloff prompted by the sudden jump in United States interest rates. The FAANGs, spre...

US market 'correction' isn't surprising - US Treasury secretary

President Donald Trump said he believes "the Fed has gone crazy " amid recent interest rate hikes. The turmoil came a day after the International Monetary Fund slashed its glo...

International Monetary Fund raises Japan growth forecast, cuts global estimate due to trade tension

US President Donald Trump has accused China of deliberately manipulating its currency to gain a trade advantage, claims Beijing consistently rejected. Tobias Adrian, director o...

Yale And NYU Professors Share Nobel In Economics

Responding to press question about this year's prize and climate change , Romer said , "Optimism helps to motivate people". "Darn right they were sending a message", Warsh said...

'The Fed has gone crazy': Trump points finger for Wall Street tumble

It's so tight. I think the Fed has gone insane ", Trump told reporters as he arrived for a campaign rally ahead of the U.S. mid-term elections. A stock market correction is de...

Special Reports

Turkish Official: Saudis Used Bone Saw to Dismember Body of Jamal Khashoggi

Turkish Official: Saudis Used Bone Saw to Dismember Body of Jamal Khashoggi

The Post has obtained video recordings and other evidence showing how a group of 15 Saudi operatives entered the country on October 2, the day Mr. He moved to the U.S. mor...

Saudi Arabia to let Turkey search its Istanbul consulate

Saudi Arabia to let Turkey search its Istanbul consulate

Iran's Oil Minister this week brushed off "nonsense" claims by Saudi Crown Prince Mohammed bin Salman that Saudi Arabia can replace Iranian oil. No security footage has bee...

China stocks rebound as Beijing boosts policy support

China stocks rebound as Beijing boosts policy support

Conglomerate Metro Pacific Investments Corp., however, advanced 4 percent to P4.95, while Globe Telecom Inc., the second-largest telecommunications company, gained 2.6 percent to P...

International Monetary Fund slashes global growth forecasts

In a tweet, Mr Trump warned Beijing against seeking to influence the forthcoming U.S. midterm elections. Pakistan's foreign currency reserves dropped in late September to $8.4...

India hopes for US sanctions waiver after cutting Iran oil imports

India hopes for US sanctions waiver after cutting Iran oil imports

Two companies in India, which in the past have been big buyers or Iranian oil, have ordered barrels in November, according to India's oil minister. The grouping's June decision to ...

US Actively Considering Waivers on Iran Oil Sanctions

US Actively Considering Waivers on Iran Oil Sanctions

Speculators and hedge funds too were active in the market, making most of the volatility. Global benchmark Brent crude futures for December delivery fell 42 cents to settle at $8...

Indian Rupee Exchange Rate | Reserve Bank of India | American Dollar

Indian Rupee Exchange Rate | Reserve Bank of India | American Dollar

Economic Affairs Secretary Subhash Chandra Garg said the GDP growth is expected to be higher than the RBI's projection of 7.4 per cent for the current fiscal. Fed Chairman Jerom...

Oil rises ahead of US Iran sanctions

Oil rises ahead of US Iran sanctions

US West Texas Intermediate (WTI) crude futures were up just 1c at $75.24 a barrel. Brent crude oil futures were at $84.86 a barrel at 3.40am GMT, up 6c from their last clos...

U.S. unemployment rate falls to lowest level since 1969

U.S. unemployment rate falls to lowest level since 1969

But he said the very low unemployment rate also reflected an increase in the number not looking for work, who were not classified as unemployed. The last time the United States ...