Markets

Saudi Arabia halts oil shipments through key waterway after attack on tanker

A full closure of Bab Al-Mandeb, which at its narrowest point is just 18 miles (29 kilometers) wide, would force tankers sailing from Saudi Arabia, Kuwait, Ir...


Nasdaq falls at open as Facebook leads tech selloff

While the 18% plunge in Facebook shares had a corrosive effect on the Nasdaq , President Trump's announcement that the USA and Europe would work together to ...


Trump Celebrates GDP Surge: America is Winning Again

Yet, even as he touted the benefits of future trade deals, analysts say the risks from tariff wars and a fading effect from tax cuts could limit the pace of g...


Trump gets deal: 'The Europeans have blinked'

Washington has since threatened tariffs on another $200 billion of Chinese exports, then upped that to $500 billion, prompting Beijing to vow further retal...


Zuckerberg loses USD 16 billion in record Facebook fall

But it stayed relatively steady after that, at least until the call started and David Wehner, Facebook's chief financial officer, began discussing the company's...


The US economic recovery in five charts

Output expanded 3.1 percent in the first half of 2018, putting the economy on track to achieve the Trump administration's target of 3 percent annual growth. E...


Brics leaders back multilateral system, pledge stronger co-operation

China and India - being "vindicators" of the contemporary worldwide order - should work towards upholding multilateralism and economic globalisation, official...


Republicans visiting White House surprised by European Union trade announcement

President Donald Trump's threats to extend those measures to European cars. The two sides agreed to expand European imports of USA liquified natural gas and...


Trump overstates his claims on the economy

Trump is celebrating data showing the USA economy surged in the April-June quarter to an annual growth rate of 4.1 percent. "We've accomplished an economic t...


MAC is giving away free, full-size lipstick this weekend

Plus, the lipsticks are full-size! You can also get a free tube online when you make a $25 purchase. The giveaway shades are part of the company's "iconic A...


Twitter stocks dive 20% as users drop by a million

The report follows Facebook's historic plunge yesterday, in which it lost $119.1 billion in market value - the largest single day loss ever for a publicly t...


CBDT extends income tax return filing deadline to August 31

So, now if you don't file ITR by the end of July then it won't be treated as a belated return, as the new deadline is August 31, 2018. The announcement follow...


Putin Invites Trump to Moscow for a One-on-One Meeting

When the Kremlin seemed cool to the idea , the White House backed away, suggesting that the two men should wait to meet until "after the Russian Federation wit...


MoviePass boosts its stock with a reverse split -- and immediately plunges 35%

EPS Growth Rate: HMNY's 0% versus CLF's -2.74%. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong t...


Papa John's Founder John Schnatter Is Suing Papa John's

Terry Fahn, a spokesman for Schnatter, issued a statement saying the company is using him as a scapegoat to cover up its own shortcomings and failures, and th...


Slack's Deal With Atlassian Means the End of Hipchat, Stride

The deal comes with a "small but symbolically important" investment in Slack by Atlassian, according to a tweet by Slack CEO Stewart Butterfield. Update 7/...


Winklevoss Brothers Bitcoin ETF Rejected By SEC for Second Time

However, the SEC reiterated the concerns it had raised in its previous order as per the order published on Thursday. As first reported by Bloomberg , the c...


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

Amid growing pressure on the U.S. president from business groups, lawmakers in his own party and their constituents, Malmstrom, the EU's top trade official, war...


Pres. Trump laments decades of United States trade policy

Steel's Granite City Works' Steel Coil Warehouse that other countries were able to target U.S. workers and companies and steal U.S. intellectual property. Trump...


Facebook hammered as user growth cools

The plummeting stock price wiped out as much as $150 billion in market capitalization and erased the stock's gains since April when Facebook announced a s...


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