Markets
Trump to visit border, White House announces amid shutdown, wall fight
- January 07, 2019
President Trump on Sunday quoted Barack Obama and Hillary Clinton supporting border security, pushing Democrats to relent in the standoff over spending on a border wall. The impasse has also added another crisis to Trump's turbulent presidency as he adjusts to working in an era in which he must now share power with Democrats. (more...)
- January 07, 2019
President Trump on Sunday quoted Barack Obama and Hillary Clinton supporting border security, pushing Democrats to relent in the standoff over spending on a border wall. The impasse has also added another crisis to Trump's turbulent presidency as he adjusts to working in an era in which he must now share power with Democrats. (more...)
Hiring Surged in December, Employers Added 312,000 Jobs
- January 07, 2019
The side effect was that the unemployment rate moved up to 3.9% from 3.7% in November. "This employment report suggests the USA economy still has considerable forward momentum". And businesses are still searching for more workers. The nation's unemployment rate rose slightly to 3.9 percent last month, but that, too, was considered a positive sign, reflecting an increase in Americans beginning to look for work. (more...)
- January 07, 2019
The side effect was that the unemployment rate moved up to 3.9% from 3.7% in November. "This employment report suggests the USA economy still has considerable forward momentum". And businesses are still searching for more workers. The nation's unemployment rate rose slightly to 3.9 percent last month, but that, too, was considered a positive sign, reflecting an increase in Americans beginning to look for work. (more...)
First Alleged 2019 iPhone XI 'Leak': 3D Renders Reveal Triple-Camera Setup
- January 07, 2019
The iPhone Xs and Xs Max are still dual-camera phones, but Apple has been known to be late to the game. There's some controversy regarding the goal of the third camera. Sales were lower than expected previous year, and the company introduced several trade-in incentives and price-cuts in order to boost sales of the 2018 iPhones. (more...)
- January 07, 2019
The iPhone Xs and Xs Max are still dual-camera phones, but Apple has been known to be late to the game. There's some controversy regarding the goal of the third camera. Sales were lower than expected previous year, and the company introduced several trade-in incentives and price-cuts in order to boost sales of the 2018 iPhones. (more...)
Remain MPs planning government shutdown to stop no-deal Brexit
- January 07, 2019
These include specific measures relating to Northern Ireland, plans for a greater role for parliament in Brexit decision-making, and further assurances from the European Union amid concerns about the so-called backstop arrangement for the Irish border. (more...)
/arc-anglerfish-arc2-prod-expressandstar-mna.s3.amazonaws.com/public/W2XRFILBNRGZPLF3IFM2WUTJ3M.jpg)
- January 07, 2019
These include specific measures relating to Northern Ireland, plans for a greater role for parliament in Brexit decision-making, and further assurances from the European Union amid concerns about the so-called backstop arrangement for the Irish border. (more...)
Elon Musk to break ground on Chines Gigafactory
- January 07, 2019
Tesla boss Elon Musk said the electric car-maker would break ground Monday on a Shanghai factory that will allow it to sell direct to Chinese consumers and avoid tariffs from the China-US trade war. Elon Musk's lawyers are fighting efforts by lawyers for investors suing Tesla to bring his girlfriend into the case. Domestic production would help shield Tesla against import duties as the USA and China find ways to wriggle out of the tariff quandary. (more...)
- January 07, 2019
Tesla boss Elon Musk said the electric car-maker would break ground Monday on a Shanghai factory that will allow it to sell direct to Chinese consumers and avoid tariffs from the China-US trade war. Elon Musk's lawyers are fighting efforts by lawyers for investors suing Tesla to bring his girlfriend into the case. Domestic production would help shield Tesla against import duties as the USA and China find ways to wriggle out of the tariff quandary. (more...)
December hiring surged: Employers added 312,000 jobs
- January 07, 2019
The dollar shot higher after the numbers were released. "New orders have dried up and this will take a toll on business investment and growth in 2019". But in recent weeks, financial markets have been increasingly anxious about the path of economic growth this year. The ADP National Employment Report on Thursday showed private payrolls jumped 271,000 last month after increasing 157,000 in November. (more...)
- January 07, 2019
The dollar shot higher after the numbers were released. "New orders have dried up and this will take a toll on business investment and growth in 2019". But in recent weeks, financial markets have been increasingly anxious about the path of economic growth this year. The ADP National Employment Report on Thursday showed private payrolls jumped 271,000 last month after increasing 157,000 in November. (more...)
Jerome Powell Pledged Allegiance to Data and Some of It Looks Grim
- January 07, 2019
That announcement rallied the Dow Jones Industrial Average up 746 points before the closing bell. Furthermore, Fed Chair Powell also said that rate hikes would continue to be gradual and data dependent. "The Fed has willfully ignored trade and interest rate risks while talking a hawkish game". "Markets are expressing concerns about global growth in particular and trade negotiations", Powell said. (more...)
- January 07, 2019
That announcement rallied the Dow Jones Industrial Average up 746 points before the closing bell. Furthermore, Fed Chair Powell also said that rate hikes would continue to be gradual and data dependent. "The Fed has willfully ignored trade and interest rate risks while talking a hawkish game". "Markets are expressing concerns about global growth in particular and trade negotiations", Powell said. (more...)
Chesterfield Greggs store slammed for not having any vegan sausage rolls
- January 06, 2019
Greggs has produced a list of every store which will sell vegan sausage rolls , which includes plenty of branches across the North East. The petition was signed by more than 20,000 people. "The vegan resistance starts here". Like manna from heaven, the greatest gift 2019 has proffered so far is the Greggs vegan sausage roll. The roll arrived in 950 stores across the country yesterday is being sold at £1. (more...)
- January 06, 2019
Greggs has produced a list of every store which will sell vegan sausage rolls , which includes plenty of branches across the North East. The petition was signed by more than 20,000 people. "The vegan resistance starts here". Like manna from heaven, the greatest gift 2019 has proffered so far is the Greggs vegan sausage roll. The roll arrived in 950 stores across the country yesterday is being sold at £1. (more...)
Polestar 2 revealed for the first time in teaser image
- January 06, 2019
The teaser image doesn't show much, except for the lovely sweeping lines of the rear bodywork; and an awesome full-width taillight section. Volvo is preparing for the first show of the new model under a subsidiary brand. The model will enter production shortly after the Polestar 1 . Volve has announced that its upcoming Polestar 2 - an all-electric vehicle created to compete with the Tesla Model 3 - will have the " world debut " of a new "Android HMI" infotainment system. (more...)
- January 06, 2019
The teaser image doesn't show much, except for the lovely sweeping lines of the rear bodywork; and an awesome full-width taillight section. Volvo is preparing for the first show of the new model under a subsidiary brand. The model will enter production shortly after the Polestar 1 . Volve has announced that its upcoming Polestar 2 - an all-electric vehicle created to compete with the Tesla Model 3 - will have the " world debut " of a new "Android HMI" infotainment system. (more...)
Wood Buffalo unemployment rate continue to drop in December
- January 06, 2019
Bank of Canada Governor Stephen Poloz said on December 17 that the pace of tightening, which he stresses will be heavily dependent on data, could be interrupted or sped up depending on the economic circumstances. Employment held steady over December with increases in manufacturing, transportation and warehousing, as well as in health care plus social assistance. (more...)
- January 06, 2019
Bank of Canada Governor Stephen Poloz said on December 17 that the pace of tightening, which he stresses will be heavily dependent on data, could be interrupted or sped up depending on the economic circumstances. Employment held steady over December with increases in manufacturing, transportation and warehousing, as well as in health care plus social assistance. (more...)
Million Unencrypted Passport Numbers Accessed in Starwood Breach
- January 06, 2019
The Starwood division, which includes hotel lines like Sheraton, W Hotels, Westin, Le Meridien, Four Points by Sheraton, Aloft and St. Regis, had been hacked since 2014, Marriott said. The website lists phone numbers to reach the company's dedicated call center and includes information about the process to be followed if guests believe that they have experienced fraud as a result of their passport numbers being involved in this incident. (more...)
- January 06, 2019
The Starwood division, which includes hotel lines like Sheraton, W Hotels, Westin, Le Meridien, Four Points by Sheraton, Aloft and St. Regis, had been hacked since 2014, Marriott said. The website lists phone numbers to reach the company's dedicated call center and includes information about the process to be followed if guests believe that they have experienced fraud as a result of their passport numbers being involved in this incident. (more...)
Yu Yongding: As Growth Slows, China Needs to Remake Its Economic Policy
- January 06, 2019
China cut the amount of cash banks need to set aside as reserves four times past year as the nation struggled with slower economic growth, record corporate bond defaults and a trade war with the US. The world's two largest economies are reportedly set to hold trade talks in Beijing next week. "We will maintain reasonable and sufficient liquidity, maintain reasonable growth in the scale of money and credit and social financing, stabilize macro-leverage and seek internal and external ... (more...)
- January 06, 2019
China cut the amount of cash banks need to set aside as reserves four times past year as the nation struggled with slower economic growth, record corporate bond defaults and a trade war with the US. The world's two largest economies are reportedly set to hold trade talks in Beijing next week. "We will maintain reasonable and sufficient liquidity, maintain reasonable growth in the scale of money and credit and social financing, stabilize macro-leverage and seek internal and external ... (more...)
Ford Recall: Takata Air Bag Inflators Can Explode, Hurl Shrapnel
- January 06, 2019
The ammonium nitrate can become unstable over time, leading to inflators that explode with an unexpectedly violent force and injure or kill occupants. More than three years after the U.S. National Highway Traffic Safety Administration took over management of recalls involving Takata inflators, one third of the recalled inflators still have not been replaced, according to an annual report from the government and a court-appointed monitor. (more...)
- January 06, 2019
The ammonium nitrate can become unstable over time, leading to inflators that explode with an unexpectedly violent force and injure or kill occupants. More than three years after the U.S. National Highway Traffic Safety Administration took over management of recalls involving Takata inflators, one third of the recalled inflators still have not been replaced, according to an annual report from the government and a court-appointed monitor. (more...)
Infiniti QX Inspiration NAIAS Concept Previews New Electric Crossover
- January 06, 2019
The QX Inspiration Concept has high shoulder line and showcases sharp and futuristic exterior. The QX Inspiration Concept rides on a new electric auto platform that helps make more "spacious, lounge-like interiors" possible, the company said in a release. (more...)
- January 06, 2019
The QX Inspiration Concept has high shoulder line and showcases sharp and futuristic exterior. The QX Inspiration Concept rides on a new electric auto platform that helps make more "spacious, lounge-like interiors" possible, the company said in a release. (more...)
Grade anti-drone equipment for UK airports
- January 06, 2019
Flights resumed at London's Gatwick Airport on Friday after drones sparked about 36 hours of travel chaos including the shutdown of the airfield, leaving tens of thousands of passengers stranded or delayed during the busy holiday season. Sky News quoted a Heathrow spokesperson as reporting that "Working closely with relevant authorities including the Met Police, we are constantly looking at the best technologies that help remove the threat of drones". (more...)
- January 06, 2019
Flights resumed at London's Gatwick Airport on Friday after drones sparked about 36 hours of travel chaos including the shutdown of the airfield, leaving tens of thousands of passengers stranded or delayed during the busy holiday season. Sky News quoted a Heathrow spokesperson as reporting that "Working closely with relevant authorities including the Met Police, we are constantly looking at the best technologies that help remove the threat of drones". (more...)
Profit college owner agrees to end $500M in student debt
- January 06, 2019
CEC agreed to waive almost $500 million in debts owed by more than 179,000 students in the USA, including about $863,000 owed by about 388 Idaho students, Wasden said. AG Healey's Office has been at the forefront of efforts to secure relief for defrauded students. Students who attended a CEC school that closed before January 1, 2019, or who stopped attending AIU or CTU before December 31, 2013, qualify for the debt relief. (more...)
- January 06, 2019
CEC agreed to waive almost $500 million in debts owed by more than 179,000 students in the USA, including about $863,000 owed by about 388 Idaho students, Wasden said. AG Healey's Office has been at the forefront of efforts to secure relief for defrauded students. Students who attended a CEC school that closed before January 1, 2019, or who stopped attending AIU or CTU before December 31, 2013, qualify for the debt relief. (more...)
Trump to Apple: 'Make your product in the United States'
- January 06, 2019
Apple on Wednesday lowered its forecast to $84 billion in revenue for its fiscal first quarter ended December 29, below analysts' estimate of $91.5 billion, according to IBES data from Refinitiv. "While we continue to expect Apple to be focused on the Indian market, it will only find limited traction in the near term", Fitch Solutions said. (more...)
- January 06, 2019
Apple on Wednesday lowered its forecast to $84 billion in revenue for its fiscal first quarter ended December 29, below analysts' estimate of $91.5 billion, according to IBES data from Refinitiv. "While we continue to expect Apple to be focused on the Indian market, it will only find limited traction in the near term", Fitch Solutions said. (more...)
Nissan's Munoz takes leave of absence in wake of Ghosn arrest
- January 06, 2019
The court of Japan has stated that Ghosn has submitted a request to the court for the disclosure of the reasons of his detention and that as of now no date has been set. He is alleged to have helped the vehicle industry legend underreport his compensation from the carmaker by billions of yen. Ghosn was spending the beginning of 2019 in detention after the court last week extended his detention through to January 11 on allegations of aggravated breach of trust. (more...)
- January 06, 2019
The court of Japan has stated that Ghosn has submitted a request to the court for the disclosure of the reasons of his detention and that as of now no date has been set. He is alleged to have helped the vehicle industry legend underreport his compensation from the carmaker by billions of yen. Ghosn was spending the beginning of 2019 in detention after the court last week extended his detention through to January 11 on allegations of aggravated breach of trust. (more...)
U.S. manufacturing sector grows slower but still solid in December 2018
- January 06, 2019
In an early warning sign that GDP growth is set to have nearly stalled in the last three months of 2018, the purchasing managers' index (PMI) showed that subdued demand from cash-strapped consumers also acted as a brake on sales. "The PMI data disappointed again in December, indicating the continuation of only a modest rate of underlying growth across Germany's private sector". (more...)
- January 06, 2019
In an early warning sign that GDP growth is set to have nearly stalled in the last three months of 2018, the purchasing managers' index (PMI) showed that subdued demand from cash-strapped consumers also acted as a brake on sales. "The PMI data disappointed again in December, indicating the continuation of only a modest rate of underlying growth across Germany's private sector". (more...)
Vancouver Real Estate Just Had Its Worst Year Since 2000
- January 06, 2019
Property assessments have risen across the board on Vancouver Island this year, according to BC Assessment's 2019 report . Its assessments are based on the estimate of a property's market value on July 1 of each year and its physical condition on October 31. (more...)
- January 06, 2019
Property assessments have risen across the board on Vancouver Island this year, according to BC Assessment's 2019 report . Its assessments are based on the estimate of a property's market value on July 1 of each year and its physical condition on October 31. (more...)
Latest news
Markit Services PMI rises to 58.3 (final) in January vs. 57.5 expected