Money

Eakinomics: September Jobs Report Prediction

Analysts polled by Refinitiv (formerly Thomson Reuters) forecast that the USA economy would add 185,000 jobs in September with the unemployment rate ticking down to 3.8 percent. The jobless rate's dec...

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Bonds Rally in India After RBI’s Surprise Move

Bonds Rally in India After RBI’s Surprise Move

Analysts believe that rise in the crude oil prices along with steep depreciation in the rupee might surely push inflation higher in coming months. "First, the government announced in September mea...

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United States crude drops 2.7%, as traders cash in on rally

United States crude drops 2.7%, as traders cash in on rally

That would be a record level, noted analysts at Commerzbank. Iran has officially announced that among its oil customers, only South Korea has stopped the purchase of crude from Iran. meaning any fur...

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U.S. jobless rate falls to 48-year low in September

U.S. jobless rate falls to 48-year low in September

What's more, the government today revised sharply up its estimate of hiring for July and August by 87,000 jobs. The unemployment rate for September dropped two-tenths of a point from August to 3.7 ...

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Who were the winners (and losers) from the Conservative Party conference?

Who were the winners (and losers) from the Conservative Party conference?

She said: "It's for them that we cut income tax". She did not use the word " Chequers " - the name of her country residence where the plan was agreed by Cabinet in July - but aides insisted that thi...

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Good news! Petrol prices slashed by Rs 2.50

Good news! Petrol prices slashed by Rs 2.50

The BJP-led government in Haryana Thursday announced a Rs 2.50 per litre cut in petrol and diesel prices , while the Punjab government has called a meeting on Monday to decide on the issue. Now, peop...

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Canada and United States agree last-minute trade deal

Canada and United States agree last-minute trade deal

The Canadian dollar jumped to a four-month high in response to the deal. The S&P 500 Index climbed 0.6 per cent by 12:29 p.m.in NY. The loonie traded higher at 78.13 cents United States compared wit...

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Trudeau pledges compensation for dairy farmers hit by USMCA deal

Trudeau pledges compensation for dairy farmers hit by USMCA deal

Stan Van Keulen is a dairy farmer in Surrey. She says this year's expo comes as dairy farmers are facing the fourth straight year of low prices. "We oppose to fabricating the concepts of "market cou...

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Toyota to recall 2.4 million hybrids globally

Toyota to recall 2.4 million hybrids globally

Another one million were sold in Japan, 830,000 are in North America, 290,000 in Europe, 3,000 in China, as well as other countries across the world. Chief Executive Steve Tormey said that "Toyota i...

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Elon Musk calls SEC the 'Shortseller Enrichment Commission' in tweet

Elon Musk calls SEC the 'Shortseller Enrichment Commission' in tweet

The tweet calling the SEC the " Shortseller Enrichment Commission " came just hours after a federal judge ordered Musk and the SEC to write a letter justifying a settlement which allows him to remai...

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VP Pence: China 'Meddling in America's Democracy'

US Vice President Mike Pence said Thursday that Google "should immediately end development" of Dragonfly, a censored version of its search engine reportedly in development for China. But Pence said:...

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Apple, Amazon deny report on Chinese hardware attack through ‘Supermicro’ chip

Apple, Amazon deny report on Chinese hardware attack through ‘Supermicro’ chip

Not part of the motherboards' original design, the malicious chips are believed to have been implanted at factories run by Chinese manufacturing subcontractors and created to offer "long-term access t...

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Maharashtra, Gujarat cut fuel prices by Rs 2.50; Kerala, Karnataka refuse

Maharashtra, Gujarat cut fuel prices by Rs 2.50; Kerala, Karnataka refuse

Sources said the Centre has also urged the State governments to slash taxes on petrol and diesel which will is likely to further reduce the prices by at least Rs 5 per litre. On Thursday, October 4, ...

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Rupee collapses to fresh low of 73.77

Rupee collapses to fresh low of 73.77

After opening at new-record low of 73.26, the Indian currency further dropped to 73.41 per dollar. In Intra-day trade, the rupee had crashed to its then all-time low of 73.42 per dollar yesterday. T...

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Farm Bureau president praises new U.S., Mexico, Canada deal

Farm Bureau president praises new U.S., Mexico, Canada deal

The new U.S. -Mexico-Canada agreement would sunset Class 7 and open wider Canada's need for milk products to American businesses. Vital to OH, and North America at-large, is that the deal maintains ...

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Saudi king 'might not be there for two weeks' without USA support

Saudi king 'might not be there for two weeks' without USA support

The country's record high oil output remains the 10.72m barrels per day it produced in November 2016. The report is an indication that Saudi Arabia was trying to respond to pressure from President...

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USMCA trade deal impact on Alabama farmers

USMCA trade deal impact on Alabama farmers

The USMCA is still built on the framework of NAFTA, free agriculture trade flowing through North America. Canada had resisted American moves to remove the provision, keen to be able to challenge...

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The Challenge of Predicting 2019's Oil Market Balance

The Challenge of Predicting 2019's Oil Market Balance

Global benchmark Brent crude futures for December delivery dropped 0.6 percent to $84.43 per barrel, hovering just below its highest since November 2014 of $85.45-peak hit on Monday. Managing direct...

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Inside Jack's - Tesco’s New Brexit-Era Answer To Aldi And Lidl

Inside Jack's - Tesco’s New Brexit-Era Answer To Aldi And Lidl

The emphasis on the discount could also increase the pressure on the profit margins of Tesco, at a time when the group is on track to achieve the recovery engaged since 2016 by its ceo Dave Lewis, aft...

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Amazon Raises Minimum Wage for U.S. Workers to $15 Per Hour

Amazon Raises Minimum Wage for U.S. Workers to $15 Per Hour

Then this morning Amazon announced that it was raising its minimum wage for all employees to at least $15 an hour, including full-time, part-time and temporary workers - even those on contract. In i...

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