Economy

President warns Harley-Davidson: 'We won't forget'

President warns Harley-Davidson: 'We won't forget'

At the event, Trump heaped praise on the company for manufacturing its motorcycles in the United States and being an iconic American brand. Trump said in one of several tweets Tuesday morning ab...

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Wall Street Journal editorial board tears into Trump's trade policy

Wall Street Journal editorial board tears into Trump's trade policy

Harley-Davidson, which Trump has cited in the past as a company hurt by US trade regulation, said the increased tariffs would cost the company an extra $30 million to $45 million in 2018. The Moto...

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Wayfair: No big impact from Supreme Court case

Wayfair: No big impact from Supreme Court case

A Bicycle Retailer retailer survey earlier this year found that 40 percent of retailers who responded do some online sales. This will create a new revenue stream from state and local governments. The ...

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IN officials react to Supreme Court's online sales tax decision

IN officials react to Supreme Court's online sales tax decision

That ruling held that a state can not require an out-of-state seller with no physical presence in the state to collect and remit sales taxes on goods the seller ships to consumers there. The case the ...

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Canada votes to legalise recreational cannabis use

Canada votes to legalise recreational cannabis use

Instead of bouncing the bill back and forth like they could have, however, the Senate held a vote which passed 52 to 29 with two abstentions, putting Canada one step closer to a legalization date....

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Oil prices rise ahead of OPEC’s June 22 meeting

Reuters , quoting unnamed OPEC sources, said Iran had demanded that United States sanctions be mentioned in the group's post-meeting communiqué. "I don't think we can reach agreement" on the pro...

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Bitcoin price drops after hackers steal £24m from South Korean exchange Bithumb

Bitcoin price drops after hackers steal £24m from South Korean exchange Bithumb

Cryptocurrencies dropped yesterday after the second South Korean exchange in as many weeks said it was the victim of a theft, renewing concerns about the safety of digital asset trading venues. Bith...

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Trump tariffs: Markets fall as trade war fears mount

Trump tariffs: Markets fall as trade war fears mount

If China looks to raise its tariffs on U.S. goods again, President Trump plans to tack additional tariffs on another US$200bn worth of goods. China responded by saying it would hit 659 usa p...

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Donald Trump threatens 20% tariff on all European cars

Donald Trump threatens 20% tariff on all European cars

The European Union will begin charging import duties of 25% on a range of USA products on Friday, in response to United States tariffs imposed on EU steel and aluminium early this month, the European...

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The Supreme Court just caused stocks of online retailers to tumble

The Supreme Court just caused stocks of online retailers to tumble

Thanks to a 1967 Supreme Court ruling that said states couldn't force mail-order catalogs to collect sales tax unless that company had a physical location in the state, online retailers have been ...

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Trump calls for US$200B more tariffs on China; US futures drop

Trump calls for US$200B more tariffs on China; US futures drop

China imported $129.89 billion of USA goods a year ago, while the United States purchased $505.47 billion (383.6 billion pounds) of Chinese products, according to US data . Trade Representative under...

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Merkel accepts CSU offer to delay ban on migrants: DPA

Merkel accepts CSU offer to delay ban on migrants: DPA

Merkel's own position as chancellor appeared to be threatened after her hardline interior minister and conservative ally, Horst Seehofer, called for Germany to start refusing some refugees at the ...

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Pizza company asking for town nominations for pot hole repairs

Pizza company asking for town nominations for pot hole repairs

The Michigan-based pizza franchiser announced Monday that it has begun to help pay for road repairs in four municipalities and would consider offering similar assistance to others based on nominatio...

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AT&T can buy Time Warner as judge shuts down Department of Justice

AT&T can buy Time Warner as judge shuts down Department of Justice

The Justice Department is not likely to be put off by the loss, said Amy Ray of the law firm Cadwalader, Wickersham & Taft LLP, noting it had prevailed in stopping other mergers between rivals. It...

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Pompeo on Trump’s diplomatic crisis: ‘There are always irritants in relationships’

Pompeo on Trump’s diplomatic crisis: ‘There are always irritants in relationships’

The president who once described Kim as "Little Rocket Man" and threatened to destroy his country if it did not give up nukes, has not said what might happen if the summit goes the wrong way. Likely...

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US Suspends Tech Ban In Exchange For Record Fines & US Oversight

US Suspends Tech Ban In Exchange For Record Fines & US Oversight

The terms of the deal include a $1 billion penalty against ZTE and dictate that the company install a US chosen compliance team. Commerce Secretary Wilbur Ross says the US has struck a deal with ...

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Microsoft wants to put data centres underwater

Microsoft wants to put data centres underwater

Microsoft's vision concerning Project Natick is one of sustainable data centers that operate exclusively from the seafloor, as the demand for cloud computing infrastructure is ever growing. The t...

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James, Curry agree victor of NBA Finals would skip White House visit

James, Curry agree victor of NBA Finals would skip White House visit

He declined to provide information on how things escalated to the White House accusing players of abandoning their fans by deciding to not attend. Speaking to her, he added, "The people love you, ...

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ZTE signs preliminary agreement to lift U.S. ban

ZTE signs preliminary agreement to lift U.S. ban

Senate, including lawmakers from both the Republican and Democratic parties, have stated ZTE's phones are a major security threat, claiming they could be used by the Chinese government to spy on U.S. ...

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U.S. Trade Is Trump's Main Focus at G-7 Gathering

Canadian Foreign Minister Chrystia Freeland, pressed about a Washington Post report that said the White House was considering additional economic penalties against Canada , told reporters that Ot...

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Koch network launches campaign against Trump tariffs

Koch network launches campaign against Trump tariffs

The failure to come to a deal over the weekend, more than a sign that the tariffs are coming, might more likely be a sign that the White House is waiting to see how the Kim summit shakes out. The ...

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Oil slips as USA crude inventories show signs of increasing

Oil slips as USA crude inventories show signs of increasing

Traders are trying to understand the divergence between two benchmarks, WTI and Brent , as the U.S. oil ended day in red after post-data fall while Brent recovered most of losses and closed positivel...

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National Donut Day 2018: Where to get free and cheap donuts today

National Donut Day 2018: Where to get free and cheap donuts today

Krispy Kreme: The chain offers each customer a choice of any free doughnut , no purchase required. No purchase necessary here, either. Dunkin' Donuts is offering a free donut with a purchase...

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Trump pushes ahead with metals tariffs against EU, Canada and Mexico

Trump pushes ahead with metals tariffs against EU, Canada and Mexico

Liam Fox questioned the United States decision to 25% tax on steel and a 10% tax on aluminium from the EU, Mexico and Canada . French Finance Minister Bruno Le Maire, whom Ross was scheduled to m...

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Oil price hikes and their impact on Zim's economy

Oil price hikes and their impact on Zim's economy

The domestic oil industry in the United States has emerged in recent years a powerful swing force in the global petroleum economy. India is, says the US Energy Information Administration, the thir...

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Tesla in Autopilot mode crashes into California police vehicle

Tesla in Autopilot mode crashes into California police vehicle

Jim Cota. A report Tesla provided to the South Jordan Police Department said the driver took her hands off the wheel over 12 times during the drive , including for the 80 seconds before the col...

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Canada's Government Buys Controversial Oil Pipeline, To Ensure It Gets Expanded

Canada's Government Buys Controversial Oil Pipeline, To Ensure It Gets Expanded

The Government of Canada made a major purchase today , shelling out $4.5 billion to buy the Trans Mountain pipeline from Kinder Morgan. Kinder Morgan will proceed on twinning the pipeline while...

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Petrol price cut by 60 paise per litre, diesel by 56 paise

Petrol price cut by 60 paise per litre, diesel by 56 paise

Petrol price in Delhi was cut by 60 paise to ₹77.83 a litre. Fuel prices have been going up over the last 2 weeks. In Delhi, VAT on petrol is Rs 15.84 and Rs 9.68 a litre on diesel . "All this ...

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Petrol, diesel prices hiked for 16th straight day

Petrol, diesel prices hiked for 16th straight day

Simply passing on higher prices to consumers will certainly hurt its prospects in the election next year. "I have already categorically stated (on) this issue several times". Petrol price in Delhi to...

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Starbucks staff undergo racial bias training

Starbucks staff undergo racial bias training

The plan covers only Starbucks-operated stores; almost all of the 7,000 Starbucks-licensed coffee shops - in places like supermarkets, hotels, and airports - are likely to remain open, the company say...

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