Economy

Mega Millions lottery jackpot reaches record-breaking $1.6 billion prize

Mega Millions lottery jackpot reaches record-breaking $1.6 billion prize

The previous largest single jackpot of $758.7 million was won last year by Mavis Wanczyk, a 53-year-old mother of two from MA. The Mega Millions and Powerball jackpots are now at a combined $2.22 ...

by · Economy
Turkish police search forest, villa for Khashoggi remains

Turkish police search forest, villa for Khashoggi remains

US Secretary of State Michael Pompeo said he expects Turkish and Saudi Arabian investigations to reveal a "complete picture" of what happened to journalist Jamal Khashoggi , as the Trump administ...

by · Economy
YouTube experiences unexplained outage for over one hour

YouTube experiences unexplained outage for over one hour

We will keep this story updated with more details as information becomes available. YouTube CEO Susan Wojcicki apologised for the downtime but did not provide additional details for the outage . T...

by · Economy
Oil prices dip amid expectations of higher USA inventories

Oil prices dip amid expectations of higher USA inventories

US West Texas Intermediate crude was up 15 cents, or 0.2 per cent, at $72.07 a barrel by 0255 GMT on Wednesday, having settled up 14 cents. The rise, reported by the US Energy Information Admini...

by · Economy
No Mega Millions victor, jackpot swells to $868M

No Mega Millions victor, jackpot swells to $868M

Mind you, while this week's drawing could result in the highest Mega Millions jackpot victor ever, it wouldn't be the biggest US lottery prize in history. Believe it or not, this week's combined bil...

by · Economy
Reports Link Suspects in Khashoggi Case to Saudi Crown Prince

Reports Link Suspects in Khashoggi Case to Saudi Crown Prince

The Middle East Eye website quoted a Turkish source as saying that there was "no attempt to interrogate" Mr Khashoggi but the Saudi team had "come to kill him". Other Western nations, although expre...

by · Economy
SoftBank's deep ties with Saudi Arabia are making investors nervous

SoftBank's deep ties with Saudi Arabia are making investors nervous

The action of the japanese SoftBank Group has dropped of 7.26% on Monday, closing on the Tokyo stock Exchange, due to concerns related to the financial relations between this behemoth of the telec...

by · Economy
Mega Millions, Powerball Jackpots Total Almost $1 Billion

Mega Millions, Powerball Jackpots Total Almost $1 Billion

Even before it rose, the Mega Millions jackpot - at a whopping $ 654 million when the day began - was still among the largest lottery prizes in US history. The prize money was shared between ti...

by · Economy
Trump says 'rogue killers' may be behind Khashoggi disappearance

Trump says 'rogue killers' may be behind Khashoggi disappearance

President Trump , after speaking with King Salman, had dispatched Pompeo to speak to the monarch of the world's top oil exporter over Khashoggi's disappearance. Trump has threatened the kingdom with ...

by · Economy
Donald Trump vows ‘severe punishment’ if Saudi Arabia murdered journalist

Donald Trump vows ‘severe punishment’ if Saudi Arabia murdered journalist

Mediaite reports the CNN claim is that the Middle East nation is preparing a report that will admit Khashoggi's death. Khashoggi, a Washington Post columnist and outspoken critic of the S...

by · Economy
Mega Millions numbers drawn for ninth-largest lottery jackpot

Mega Millions numbers drawn for ninth-largest lottery jackpot

Mega Millions jackpot prize totals climb each drawing when no players claim a ideal six-number match to the drawing. This weekend's Mega Millions tickets will be available for $2 per ticket and c...

by · Economy
Trump’s China tariffs massively backfire as trade deficit smashes record high

Trump’s China tariffs massively backfire as trade deficit smashes record high

The US Energy Department said it would make it more hard to ship nuclear technology to China , one of the few growing markets for new plants as the Asian economy tries to meet rising electricity de...

by · Economy
China stocks tumble despite central bank's move to support economy

China stocks tumble despite central bank's move to support economy

The yuan was also down Monday as expectations of more easing measures plus surging USA bond yields exerted downward pressure on the Chinese currency. For the Chinese currency, investors always ancho...

by · Economy
Tech stocks lead Wall Street slump as investors shun risk

Tech stocks lead Wall Street slump as investors shun risk

After U.S. tech shares plummeted overnight, Chinese Internet giant Tencent, Asia's largest company by market capitalization and a major factor in the Hong Kong Hang Seng Index, was battered again as i...

by · Economy
United States investigators looking into missing Saudi writer

United States investigators looking into missing Saudi writer

Asked about the invitation, Cengiz told Turkish state broadcaster TRT on Thursday: "I am not thinking anything on this subject at the moment". "But I said 'King - we're protecting you - you might no...

by · Economy
Cloned Account Warning Message is a Hoax - Facebook

Cloned Account Warning Message is a Hoax - Facebook

If you do actually receive an invite from someone already on your friends list, send them an individual message. Has my account been duped or cloned and is someone sending invites to my friends, prete...

by · Economy
Toyota recalls millions of Prius and Auris hybrids over stalling risk

Toyota recalls millions of Prius and Auris hybrids over stalling risk

In a statement, Toyota said some vehicles could fail to enter a "failsafe" mode in the event of a fault with the hybrid system, which could cause vehicles to lose power and stall. In November 2017...

by · Economy
Petrol down by Rs 4.37/litre, Maharashtra to cut diesel rates: CM

Petrol down by Rs 4.37/litre, Maharashtra to cut diesel rates: CM

The three private firms had shut fuel stations in 2008 when they could not compete with what was then highly subsided petrol and diesel prices. Since April this year, prices of petrol and diesel h...

by · Economy
Rupee Hits New All-Time Low Of 73.77 Against Dollar

Rupee Hits New All-Time Low Of 73.77 Against Dollar

With a general election due by May next year, Prime Minister Narendra Modi's Hindu nationalist party will want to campaign on strong economic growth and success in containing inflation. The question w...

by · Economy
Loonie soars in wake of new trade deal with United States and Mexico

Loonie soars in wake of new trade deal with United States and Mexico

Americans for Farmers & Families spokesman Casey Guernsey, a seventh-generation farmer, said the three-way deal showed Mr. Trump remembered his promise 'to stand up for rural America. But Trump had ab...

by · Economy
US, Canada reach trade deal hours before self-imposed deadline

US, Canada reach trade deal hours before self-imposed deadline

Mexico agreed to a revamped NAFTA last month, triggering weeks of hectic bargaining with the U.S.to try to bring Canada into the agreement, as President Donald Trump and other administration officia...

by · Economy
Oil jumps, then pares gains as Trump pressures OPEC again

Oil jumps, then pares gains as Trump pressures OPEC again

But Falih - attending a meeting of oil producers in Algiers - left the way open to a future production hike, as supplies tighten due to the USA imposing sanctions on Iranian oil from November 2018. ...

by · Economy
Facebook shares down as Instagram founders become latest execs to exit

Facebook shares down as Instagram founders become latest execs to exit

So far this year, the company has said goodbye to WhatsApp CEO Jan Koum , Head of Communications and Public Policy Elliot Schrage, VP of Partnerships Dan Rose and Chief Security Officer Alex Sta...

by · Economy
Passengers suffer nose, ear bleeds on Jet Airways flight

Passengers suffer nose, ear bleeds on Jet Airways flight

Jet Airways authority confirmed the incident in a statement saying that pilots have been suspended following a pending investigation. The Civil Aviation ministry has asked aviation regulator DGCA for ...

by · Economy
Oil cartel backs Iran in face of looming U.S. sanctions

Oil cartel backs Iran in face of looming U.S. sanctions

West Texas Intermediate crude for October delivery advanced 94 cents to settle at $69.85 a barrel on the New York Mercantile Exchange. Bloomberg reported on Tuesday, citing unnamed Saudi source...

by · Economy
US President Donald Trump's $200b tariffs to hit China, retaliation expected

US President Donald Trump's $200b tariffs to hit China, retaliation expected

The Trump administration is giving American businesses a chance to adjust and look for alternative supply chains by delaying an increase of the tariff to 25 percent on January 1 for the $200 billion b...

by · Economy
STRAWBERRY CRISIS: NSW Mum Finds Needles In Punnet Purchased At Local Coles

STRAWBERRY CRISIS: NSW Mum Finds Needles In Punnet Purchased At Local Coles

Queensland man Hoani Hearne wound up in hospital after swallowing part of a needle and developing severe abdominal pain on Sunday. "It snapped in half, my knee-jerk reaction was to swallow, and I...

by · Economy
Amazon’s Jeff Bezos launches US$2 billion fund to help the homeless

Amazon’s Jeff Bezos launches US$2 billion fund to help the homeless

The first will fund existing nonprofits and issue annual awards to organisations doing "compassionate, needle-moving work" to shelter and support the immediate needs of young families. Amazon warehous...

by · Economy
Petrol prices touch Rs 90.11 in this Indian city

Petrol prices touch Rs 90.11 in this Indian city

Bharatiya Janta Party (BJP), in defense of the rising angst against high fuel prices , released an infograph on Monday showing how the percentage growth of increase in diesel prices has been lower as...

by · Economy
BA hacked: 380,000 card payments 'compromised' in breach

BA hacked: 380,000 card payments 'compromised' in breach

The airline said it would manage any claims on an individual basis. The cybercriminals stole customer data British Airways website and mobile apps. "We discovered that something had happened, and ...

by · Economy