Economy

More Than Adequate 2,000 Rupee Notes In System, Says Government

More Than Adequate 2,000 Rupee Notes In System, Says Government

Most of the black money being circulated right now is in Rs 2000 currency notes, and Govt. wants to stop this. When the ₹2,000 note was launched, it was decided that the printing would be "scaled ...

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Apple shares drop after news of waning iPhone sales

Apple shares drop after news of waning iPhone sales

Business Insider reports that the NY law firm Bernstein Liebhard has begun to attempt to gather support from Apple investors for a class-action lawsuit against the tech giant over their failure t...

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Cops left hilariously heartbroken after Krispy Kreme doughnut truck catches fire

Cops left hilariously heartbroken after Krispy Kreme doughnut truck catches fire

Krispy Kreme responded, "We're thinking of you during this hard time... and have more doughnuts on the way!" Meanwhile, members of the Louisville Metro Police Department were particularly impacted...

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Buy Tesla Stock on the Dip, Analyst Says

Buy Tesla Stock on the Dip, Analyst Says

Tesla is moving Model 3 production to Europe in January, probably knowing the tax credit phase-out would curtail sales of the current model. Ellison, founder and major shareholder of the software gr...

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Computer virus disrupts production of newspapers

Computer virus disrupts production of newspapers

Tribune Publishing sold The Times and The San Diego Union-Tribune to Los Angeles businessman Dr. Patrick Soon-Shiong in June, but the companies continue to share various systems, including softwa...

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Sears closing 80 stores, including two in Maryland, amid bankruptcy deadline

Sears closing 80 stores, including two in Maryland, amid bankruptcy deadline

Wellsville's Kmart location is among 80 properties owned by Sears that will be closing in March 2019, the company said Friday. The department store operator told employees Thursday that it plans to ...

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After oil turbulence, something to cheer - Thu, December 27 2018

After oil turbulence, something to cheer - Thu, December 27 2018

The West Texas Intermediate for February delivery rose 3.69 US dollars to settle at 46.22 dollars a barrel on the New York Mercantile Exchange, while Brent crude for February delivery increased ...

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Christmas night Mega Millions numbers

Christmas night Mega Millions numbers

What were the winning numbers? After no one won the jackpot on Tuesday, the prize is now up to a whopping $348 million, with a $210.2 million cash option. The biggest-ever Mega Millions prize - $1....

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What's open and closed in Cambridge over the holidays

What's open and closed in Cambridge over the holidays

Tuesday, January 1, 2019 - New Year's Day: CLOSED. Tuesday, December 25 - Christmas Day: CLOSED. The city's indoor pools are operating normally this weekend, but will close Monday, Dec. Dixon'...

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Global Stocks Fall as the Fed Surprises Markets

Global Stocks Fall as the Fed Surprises Markets

Tokyo stocks tumbled Thursday, with the benchmark Nikkei average falling to its lowest level in about 15 months after the U.S. Federal Reserve raised rates as expected and kept most of its gui...

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Senate passes stop-gap spending bill

Senate passes stop-gap spending bill

Senate Democratic leader Chuck Schumer says it's good news that President Donald Trump has apparently retreated from his demand that Congress pay for a border wall with Mexico. Even if the Hou...

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Flights suspended at Britain's Gatwick airport after reports of drones

Flights suspended at Britain's Gatwick airport after reports of drones

The Christmas getaway was disrupted at Gatwick Airport when flights were suspended last night after two drones were reportedly spotted flying over the airfield. According to Flight Radar, more than ...

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Facebook responds to claims that it shared users' private messages

Facebook responds to claims that it shared users' private messages

In addition to Sandberg's testimony this fall, Chief Executive Officer Mark Zuckerberg testified at House and Senate hearings earlier this year. The Russian activity was part of a coordinated campai...

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Man tried to pay for McDonald's with bag of weed

Man tried to pay for McDonald's with bag of weed

A Florida man went to McDonald's and like any other patron to the Golden Arches, tried to pay for his meal with green. Authorities were called to a McDonald's branch in Port St. The officer reported...

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Adam Bros. Farming Recalls Cauliflower, Lettuce for E. coli Risk

Adam Bros. Farming Recalls Cauliflower, Lettuce for E. coli Risk

The recall was initiated after it was discovered that sediment from a reservoir near where the produce was grown tested positive for E. coli O157: H7. If you have the suspect cauliflower in your r...

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Google parent co. Alphabet announces $1 B NYC real-estate expansion

Google parent co. Alphabet announces $1 B NYC real-estate expansion

This week, Google announced a $1 billion investment to build a new New York City campus called Google Hudson Square . Apple Inc. said last week it would invest $1 billion to grow its operations...

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McCaskill Shreds Trump's Military Deployment To Border

McCaskill Shreds Trump's Military Deployment To Border

The agency's Snopes-style, media fact-check blog came as President Donald Trump faces criticism for falsely claiming wall construction has already begun, despite the fact that his administration...

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Farm Bill Sails Through Congress with Bipartisan Support

Farm Bill Sails Through Congress with Bipartisan Support

The procedural vote cleared the way for the House to approve the final farm bill later in the day. Barry Grissom, a former United States attorney and now the senior vice president of global policy f...

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Oil prices show increasing momentum amid oil production cut

Oil prices show increasing momentum amid oil production cut

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About 300,000 Without Power In US Southeast After Storm

About 300,000 Without Power In US Southeast After Storm

Asheville Regional Airport had also reported about 9.8 inches of snow by Sunday morning, contributing to flight cancelations throughout the affected areas. "Prepare for DAYS of impact not hours",...

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Tesla CEO Elon Musk lashes out against the SEC

Tesla CEO Elon Musk lashes out against the SEC

What's more, the SEC said Tesla must put " additional controls and procedures to oversee Musk's communications ", including his tweets. Musk said he does not respect the SEC, but when asked if he ...

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Will OPEC's decision to cut production affect consumers? l Inside Story

Will OPEC's decision to cut production affect consumers? l Inside Story

The Organisation of Petroleum Exporting Countries (OPEC) and other major oil producers yesterday agreed to cut about 1.2 million barrels of oil to address falling oil price , which is now facing a re...

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US ‘suspects Huawei used global banking plot to evade Iran sanctions’

US ‘suspects Huawei used global banking plot to evade Iran sanctions’

James Lewis, the director of technology policy at the Center for Strategic and International Studies, told Axios the US should be prepared for a backlash and warned American tech executives to ste...

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Huawei founder's daughter and company CFO Meng Wanzhou arrested in Canada

Huawei founder's daughter and company CFO Meng Wanzhou arrested in Canada

McLeod said a publication ban had been imposed in the case and he could not provide further details. US prosecutors in NY have been investigating whether Huawei violated USA sanctions in relation ...

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Trump Says He's A

Trump Says He's A "Tariff Man" If No China Trade Deal Possible

China's reticence contrasted with the parade of USA officials talking about the deal on Monday, including Treasury Secretary Steven Mnuchin and White House Economic Adviser Larry Kudlow. Chinese offi...

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Trump leveraging USMCA as he reopens debate over presidential powers

Trump leveraging USMCA as he reopens debate over presidential powers

Mexico's Enrique Pena Nieto (left), President Donald Trump and Canadian Prime Minister Justin Trudeau sign the United States-Mexico-Canada Agreement. USMCA keeps all those gains and adds improveme...

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Fed's Powell, in apparent dovish shift, says rates near neutral

Fed's Powell, in apparent dovish shift, says rates near neutral

Investors have overreacted to relatively nuanced comments from Mr Powell in the past, and it is possible some misread his comments by believing he was telegraphing an end to interest rate increases. C...

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US, China agree not to raise tariffs on Chinese goods

US, China agree not to raise tariffs on Chinese goods

They have also agreed to exchange visits at the appropriate time. European Union officials said that the US had held out on nearly every issue discussed. Earlier on Saturday, the leaders of the worl...

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US Fed official urges pause on rate hikes with inflation under control

US Fed official urges pause on rate hikes with inflation under control

Chairman Jerome Powell's Wednesday speech to the Economic Club of NY was hardly as hawkish as some had expected. Kashkari's remarks came after Fed Chairman Jerome Powell said on Wednesday that...

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Oil Prices Fall Again as US Crude Inventories Rise

Oil Prices Fall Again as US Crude Inventories Rise

Russian President Vladimir Putin, whose country is the world's second-biggest oil producer, said on November 28 he was in touch with OPEC and ready to continue cooperation on supply if needed, but...

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