Stories about Money

Jun 24 2018

OPEC's Increased Output Helps U.S. Shale Companies

Al-Falih went out of his way to give a detailed explanation of how the so-called OPEC+ deal will work, clarifying a vaguely worded agreement and contradictory statements ...

Jun 14 2018

Fed raises rates, Powell talks future plans

The Fed expects inflation higher than 2% over the next two years , according to its latest projections . Interest rates are expected to increase to 3.1% next year ...

Jun 13 2018

Domino's is helping fix potholed roads so your pizza stays flawless

The website even includes footage (supposedly) from inside a pizza box showing various scenes of pothole-related carnage inflicted on innocent pies. When a town is sel...

Jun 13 2018

Kim Jong Un commits to ‘complete denuclearization’ after meeting with Trump

Still, after the summit, Trump applauded the North Korean leader and said the people "love" Kim, regardless of Trump's previous remarks denouncing the regime's purporte...

Jun 08 2018

Rubio on Trump's 'very bad' ZTE deal

ZTE, the fourth-largest smartphone maker in the United States by market share, "buys a big percentage of individual parts from USA companies". This comes on top of the $3...

Jun 07 2018

Tesla board overcomes critics as investors back Musk, directors

Pictured, Valentino Rossi on a Ducati road bike. While the Model S and Model X are known for price tags starting between $70,000 and $100,000, Tesla has set a $35,000...

Jun 06 2018

Petrol prices cut by 13 paise, diesel by 9 paise

Petrol pump prices rose at the fastest rate for almost two decades last month. U.S. crude ended $1.06 lower at $64.75 a barrel, after earlier touching $64.57 - its lowes...

Jun 04 2018

Merkel rules out relief for Italy

First, she supports the idea of turning the euro zone's ESM bailout mechanism into a European Monetary Fund that could offer short-term loans for countries under econom...

Jun 03 2018

Fiat Chrysler Automobiles (FCAU) Shares Sold by D.A

Unveiling the company's plans through 2022, long after his planned retirement next year, Marchionne said Fiat Chrysler will invest 9 billion euros ($10.5 billion) as it...

Jun 03 2018

ShoppingTown Sears employees say store will close in September

They are just two of the 72 stores across the country troubled retailer Sears Holdings will shut down. But, Sears Holdings again has announced it will close more stor...

May 31 2018

Trans Mountain pipeline sale criticized by MP Warkentin

Alberta's premier says the Trans Mountain pipeline expansion "has more certainty", after the federal finance minister announced plans to buy the project Tuesday morning...

May 18 2018

Senate passes resolution to preserve net neutrality

Only three Republican senators voted in favor of the resolution. If the latest efforts fail, Net Neutrality rules will officially end in the U.S.in less than a month, on ...

May 15 2018

Oil prices settle higher amid economic data

Benchmark Brent crude oil reached $78.60 a barrel, up 37c and its highest since November 2014. By 0800 GMT, Brent was up 20 cents at $78.43. U.S. West Texas Intermediat...

May 09 2018

Warren Buffett investment pushes Apple closer to $1T

But amid some concerns that the conglomerate will take a hit if that happens, Buffett isn't at all anxious, according to a Morgan Stanley note on Berkshire Hathaway's ...

May 02 2018

Under Armour (UA) Given News Sentiment Score of 0.05

UAA's SI was 67.66M shares in April as released by FINRA. In related news, insider Kerry D. Chandler sold 19,643 shares of the firm's stock in a transaction dated Wedn...

Apr 27 2018

Protesters target Starbucks where two black men were arrested

The men were asked to leave after asking to use the bathroom before ordering anything. Over the weekend, demonstrators called for the sacking of the employee who cont...

Apr 26 2018

Comcast moves to outfox Rupert Murdoch with Sky bid

The U.K.'s Competition and Markets Authority is now looking at the bid, which has already been scrutinized by media regulator Ofcom. "The question now is whether Fox/Di...

Apr 22 2018

FAA to order 737 engine inspections soon

Major Boeing customers, including Korean Air and Japan Airlines, confirmed Wednesday that they would be carrying out inspections on aircraft that have the same fan blade....

Apr 19 2018

IBM stock falls after earnings beat

This is not a positive point from Ives' eyes, considering Wall Street had been "hoping for a more upbeat outlook, although we believe prudence is the right strategy given...

Apr 17 2018

United States places trade embargo on Chinese telecom equipment maker

A five year long federal investigation concluded that the company had been buying United States components and using them in its own products, some of which had been dist...