Money

Cryptocurrencies plummet, with Bitcoin breaking below US$5000

Cryptocurrencies plummet, with Bitcoin breaking below US$5000 This means Bitcoin Cash dropped one spot and is now the fifth largest project in terms of market cap. At the time of writing, BCH/USD (ABC) plunged 4.55 percent to $210.00, its lowest since its emergence out of the hard fork and BCH/USD (SV) plunged 31 percent to 39.21. [Full Article...]

Angolan oil production grows to 1.533 million barrels per day in October

Angolan oil production grows to 1.533 million barrels per day in October A steep slide in prices has surprised many oil market participants. OPEC crude output rose by 200,000 bpd in October to 32.99 million bpd, up 240,000 bpd on a year ago, as losses of 400,000 bpd from Iran and 600,000 bpd from Venezuela were easily offset by increases from others, such as Saudi Arabia or the United Arab Emirates. [Full Article...]

France fires back at Trump's lack of "common decency"

France fires back at Trump's lack of The two leaders have been at odds all week over North Atlantic Treaty Organisation defense spending, with Macron openly chiding Trump for calling his own policies "nationalist" in a speech that was supposed to commemorate the 100th anniversary of the end of World War I. [Full Article...]

Christie's Sells Rare Pink Legacy Diamond at a Record Price

Christie's Sells Rare Pink Legacy Diamond at a Record Price That amounts to $2.176 million per carat, which was previously the world auction record price per carat for any pink diamond. The company promptly renamed it "The Winston Pink Legacy" and added it to its collection of rare jewels, the auction house said. [Full Article...]

Oil continues record slide despite Saudi talk of supply cuts

Both Brent Crude and West Texas Intermediate (WTI) saw gains of more than a dollar per barrel. A cut in oil exports by Saudi Arabia - or a rise in oil prices - does threaten to provide political ammunition to newly empowered Democrats who have long signaled skepticism of OPEC . [Full Article...]

Amazon to announce new headquarters in New York City, Virginia

Amazon to announce new headquarters in New York City, Virginia The decision effectively gives Amazon a major presence in three coastal cities. During the bidding process , neither Northern Virginia, nor NY disclosed much detail about their incentive offers to Amazon. Some city officials said they would have tailored their proposals to match that need, while others said they thought it increased their city's chances. [Full Article...]

Recreational pot passed in MI

Recreational pot passed in MI Most voters, regardless of their age, geographic location, or political persuasion, recognize the medical benefits of marijuana and believe it should be available to those who can benefit from it. Once considered a taboo product, a growing number of Americans support marijuana legalization. Businesses would need a state license to sell marijuana and local governments could bar such businesses from... [Full Article...]

Supreme Court rejects net neutrality appeal but FCC ruling stands

Supreme Court rejects net neutrality appeal but FCC ruling stands In doing so, government lawyers sought to bypass federal appeals courts that have yet to rule definitively on the Deferred Action for Childhood Arrivals program. Chief Justice John Roberts and Justice Brett Kavanaugh recused themselves from the case. Jonathan Spalter, CEO of USTelecom , and other supporters of the Restoring Internet Freedom order, which negated net neutrality, believe broadba... [Full Article...]

Amazon is planning to split its new headquarters between two cities

Amazon is planning to split its new headquarters between two cities They also met with New York City Mayor Bill de Blasio, the newspaper said. Representatives for cities such as Dallas , Crystal City , Austin and Philadelphia declined to comment to CNN Business, while others did not respond to requests for comment. [Full Article...]

'The hottest thing': Trump launches final day blitz on Democrats

'The hottest thing': Trump launches final day blitz on Democrats But Republicans are favored to retain their slight majority in the U.S. Senate , now at two seats , which would let them retain the power to approve U.S. On Monday in Cleveland, Trump invoked the final days of the 2016 campaign , comparing his upset victory then to Republicans defying the polls now and potentially keeping both houses of Congress. [Full Article...]

Amazon will soon let you choose which day your goodies are delivered

Amazon will soon let you choose which day your goodies are delivered Amazon already offered free 2-day shipping to Amazon Prime subscribers, which is why Target made free 2-day shipping for its customers. As GeekWire points out, Amazon's free shipping offer doesn't guarantee two-day shipping. But you can enjoy the freedom of placing smaller orders without having to worry about an extra shipping fee. USA online retail sales in November and December will... [Full Article...]

Apple to No Longer Share Unit Sales for iPhone, iPad and Mac

Apple to No Longer Share Unit Sales for iPhone, iPad and Mac Citi analyst Jim Suva said, "It sounds like you're still going to give revenue data if I heard that correctly". Apple has started selling refurbished versions of the iPhone 8 and iPhone 8 Plus from previous year. The company is working on digital newspaper subscriptions and original video content for next year. George Salmon, an analyst at Hargreaves Lansdown said that Apple was charging c... [Full Article...]

'Democrat enthusiasm is there' in midterms, Republicans 'matching': RNC chair

'Democrat enthusiasm is there' in midterms, Republicans 'matching': RNC chair Joe Donnelly, D-Ind., who faces a stiff challenge from Republican businessman Mike Braun. Obama will then head to Chicago to campaign with J.B. Pritzker, the frontrunner in the IL governor's race. "There's a tradition that presidents have a press conference the day after a midterm election to give their take on it", said New York Times reporter Michael Shear. [Full Article...]

Strong jobs report expected ahead of midterms

Strong jobs report expected ahead of midterms Add Jobs Report as an interest to stay up to date on the latest Jobs Report news , video, and analysis from ABC News. In the final major economic report before Tuesday's congressional elections , the government said Friday that USA employers added a robust 250,000 jobs in October . [Full Article...]

Dead In Building Collapse At Amazon's Warehouse Collapse In Baltimore

Dead In Building Collapse At Amazon's Warehouse Collapse In Baltimore A 50-by-50-foot wall collapsed at the facility, which is located in southeast Baltimore, at around 10:30 p.m. on Friday. Fire department chief Roman Clark told the Baltimore Sun that a 15-metre wall collapsed as a storm hit the area. Officials said there weren't any other reports of people missing. "The safety of our employees and contractors is our top priority, and at this time the building ... [Full Article...]

Oil prices drop as supply declines

Oil prices drop as supply declines After hitting a multiyear high just one month ago, US light crude has lost almost 20 percent and has shown a pattern that hasn't been seen in some time, according to energy expert John Kilduff. Benchmark Brent crude oil LCOc1 fell $1.05 a barrel to a low of $76.29 before recovering slightly to around $76.44, down 90 cents, by 1205 GMT. In 2017, the country consumed more than 19 million barrels... [Full Article...]

China Expected To Give $6 Billion Aid To Pakistan Amid Crisis

China Expected To Give $6 Billion Aid To Pakistan Amid Crisis In his meeting with Xi, Khan, the cricketer-turned-politician, said: "my party (Pakistan Tehreek-e-Insaaf) has only been in power for two months". "Countries go in cycles". During his visit to Saudi Arabia last month, Riyadh committed Dollars 6 billion funding which included USD 3 billion deferred payment for oil imports. [Full Article...]

How to get a free Google Home Mini speaker from Spotify

How to get a free Google Home Mini speaker from Spotify The Google Home Mini features a button to turn the mic off completely. However, a Music Business Worldwide report in June had suggested that major U.S. Perhaps market penetration is more important than profit on a $50 Made by Google device. We even see hardware bundles from time to time that throw in little perks here and there to get you to bite. [Full Article...]

How major U.S. stock indexes fared Monday

How major U.S. stock indexes fared Monday Speaking weeks before a highly anticipated face-to-face meeting between US President Donald Trump and his Chinese counterpart Xi Jinping at the G20 summit in Argentina, Cui Tiankai said the US-China relationship, which will mark its 40th anniversary next January, "has made great strides, while also it has had its share of setbacks". [Full Article...]

Budget Day 2018: Are you a victor or a Loser?

Budget Day 2018: Are you a victor or a Loser? The U.K. government today announced plans to levy a " digital services tax" on major tech firms that could add up to hundreds of millions of dollars per year. Seen as critically important to supporting new businesses, critics said that the government should have been more willing to provide a helping hand to young companies struggling to scale-up, especially when 50% of start-ups fail within ... [Full Article...]


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