Stories about Money

Sep 13 2018

Top White House economist fact-checks Trump on GDP claim

Following last Friday's blockbuster August jobs report, and with nail-biting midterm elections less than 60 days away, the 44th and 45th presidents crossed swords, with...

Sep 08 2018

Barack Obama Says Stop Binge-Watching TV and Vote in Illinois Speech

Mr Obama acknowledged his sharp critique of Trump was something of a departure from tradition, noting the history of former presidents avoiding the rough and tumble of ...

Sep 08 2018

NAFTA talks make progress; US, Canadian officials to work into night

A block from the White House, where a furious Trump was Tweeting fire at the disloyalty from his inner circle, Freeland and Lighthizer pushed on with talks that cut to th...

Sep 01 2018

Donald Trump Scraps Federal Employees' Planned Pay Raise, Calls It 'Inappropriate'

The Senate Appropriations Committee emphatically beat back an amendment to strike the pay raise during a markup in June, rejecting the proposal in a 2-29 vote and keeping...

Aug 28 2018

4 takeaways from the U.S.-Mexico trade deal

Republican lawmaker Kevin Brady, chairman of the tax and trade-focused Ways and Means Committee, called on Canada to return to talks quickly "with the aim of concluding a...

Aug 27 2018

DXY Index Threatens Key Break after Powell’s Jackson Hole Speech

That broke a tradition that the White House should refrain from attacks on the Fed because such criticism can shake the confidence of financial markets that the Fed is co...

Aug 19 2018

Turkish lira resumes fall after Trump sanctions threat

Brunson, 50, was indicted by a Turkish court on charges of having links with the Kurdistan Workers' Party (PKK) militant group and the movement of the US-based opposition...

Aug 18 2018

Turkey reportedly ready to free pastor Andrew Brunson, as Trump demanded

The lira , which has lost some 40 percent of its value this year, weakened beyond 6.21 against the United States dollar after the news , from 6.04 beforehand. He has ...

Aug 17 2018

Qatar pledges $15 billion to invest in Turkey

Erdogan has said Turkey is the target of an economic war, and has made repeated calls for Turks to sell their dollars and euros to shore up the national currency. "We've ...

Aug 15 2018

Turkish Lira crash hits Japanese retailers - Nikkei Review

Tourists count their Turkish liras after exchanging foreign currency at a exchange shop in Istanbul, Aug. 13, 2018. The lira has been tumbling as investors question...

Aug 14 2018

Plane stolen by airline employee crashes near Seattle

Horizon Air is part of Alaska Air Group and flies shorter routes throughout the U.S. West. "I'm just a broken guy", Russell told air traffic controllers while he pilo...

Aug 13 2018

Turkey's Erdogan stands by opposition to high interest rates

Erdogan renewed his call for Turks to sell dollars and buy lira to boost the currency, while telling business owners to not stockpile the American currency. "We will say ...

Aug 12 2018

Dow down 200, emerging markets crashing on US-Turkey geopolitical concerns

The Russell 2000 gained 13.43 points , or 0.8 per cent. The Dow Jones Industrial Average fell 108.04 points, or 0.42 per cent, at the open to 25,401.19. Tech stocks ...

Aug 03 2018

Apple’s Stock Value Reaches $1 Trillion Total

Mr Jobs's vision, showmanship and sense of style propelled Apple's comeback but it might not have happened if he had not evolved into a more mature leader after his exi...

Aug 02 2018

Parasite scare sparks recall for salads, wraps sold at Trader Joe's, Walgreens

The alert follows Caito Food's lettuce supplier, Fresh Express, issuing a recall of its chopped romaine which is used in Caito Food's products, the FSIS said . At Deer...

Jul 27 2018

Facebook Crash: Stock Falls 19% On Weak Forecast And Lackluster Earnings

Facebook has recorded the biggest fall in corporate history as its value plunged by $120bn, when markets opened in NY. Facebook's daily active users for the second qu...

Jul 27 2018

Trump threatens Turkey with sanctions over detained pastor

An American pastor who had been jailed in Turkey for more than 1½ years on terror and espionage charges was released Wednesday (July 25) and put under house arrest as...

Jul 26 2018

Trump to meet EU's Juncker in bid to resolve trade dispute

Sen. Pat Toomey , R-Pa., said the Agriculture Department was "trying to put a Band-aid on a self-inflicted wound". The European Central Bank's has a price-stability ...

Jul 23 2018

Ritz Cracker Products Recalled Due To Potential Salmonella Presence

No Name brand chicken nuggets and Christie brand Ritz crackers have been recalled nationwide due to possible Salmonella contamination. In a statement, the company s...

Jul 17 2018

British rescuer considers legal action against Elon Musk over ‘pedo’ tweet

The diver called Musk's plan a " PR stunt " and stated his belief that the miniature submarine would have failed completely to make it through the tight, narrow bends in ...