• ‘Plain English’ Powell Praises U.S. Economy After Rate Hike
‘Plain English’ Powell Praises U.S. Economy After Rate Hike

He also announced that starting in January he'd take questions from the media after every meeting, though he cautioned that "having twice as many press conferences does not signal anything". The Fed's new forecast showed inflation inching up only slightly over the next 2 1/2 years . Eastern time news conference. So-called core inflation - wh...

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  • Bitcoin hits two-month low after South Korean exchange hacked
Bitcoin hits two-month low after South Korean exchange hacked

Coinrail confirmed in a statement on its website that some of the exchange's digital currency appears to have been stolen by hackers, but it did not quantify its value. EOS's price drop is notable as this cryptocurrency is now in the process of launching its main blockchain network (also known as mainnet) after having raised a reported $ 4 billio...

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  • Porsche renames its upcoming four-door all-electric Mission E
Porsche renames its upcoming four-door all-electric Mission E

Oliver Blume, Chairman of the Executive Board of Porsche AG . Two permanently excited synchronous motors (PSM) with a system output of over 600 hp (440 kW) accelerate the electric sports vehicle to 100 km/h in well under 3.5 seconds and to 200 km/h in under twelve seconds.

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  • Trump issues warning to trade partners over retaliatory tariffs
Trump issues warning to trade partners over retaliatory tariffs

The weekend meeting marked the first time other countries began employing new way of dealing with Trump in person, pushing back on his declarations and threats and trying to illustrate the damage he was doing to the US economy. "I think it would be an asset to have Russian Federation back in". Trump pulled out of President Barack Obama's land...

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  • Commerce Secretary: US reaches deal with China's ZTE
Commerce Secretary: US reaches deal with China's ZTE

Following the ban on selling USA -made hardware (and potentially software ) to ZTE earlier this year, it appears that the company may have reached a compromise with the us government, according to Reuters . US senators said they plan legislation to roll back the agreement. Meanwhile, the South China Morning Post reported Wednesday that ZT...

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  • Trump Asks Trudeau: ‘Didn’t You Guys Burn Down the White House?’
Trump Asks Trudeau: ‘Didn’t You Guys Burn Down the White House?’

The White House recently confirmed President Trump is considering separate trade deals with Canada and Mexico rather than a new NAFTA deal. A White House and Treasury spokesperson did not respond to a request for comment. Although the European Union hasn't pulled the trigger on its own tariffs - yet - it recently opened a case at the World Tr...

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  • Louis area stores as retailer's sales plunge
Louis area stores as retailer's sales plunge

In a news release, company officials said it notified associates at 15 Kmarts and 48 Sears stores that their locations will close. The 72 stores were among 100 Sears identified that are no-longer turning a profit. The retailer put up for auction the property its stores occupy at Mid Rivers Mall and South County Center . ESL Investments is the ...

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  • Visa outage: payment chaos after card network crashes
Visa outage: payment chaos after card network crashes

So it may be a good idea to hold off on using your Visa card until the issue is solved completely. The Bank of Ireland said some of its customers were experiencing problems, telling the Financial Times the issue "is impacting banks across Europe".

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  • Drivers hit the road for Memorial Day despite higher gas prices, temperatures
Drivers hit the road for Memorial Day despite higher gas prices, temperatures

That's pretty high considering that the average national gas price for all of 2017 was just $2.37 per gallon. Drivers in Ventura County are spending about $3.74 a gallon for gas, up two cents since last week. Whether you are a bread New Yorker or you are just visiting the city for the holiday, you have to make sure to include in your list of "thi...

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  • U.S. crude stockpiles rise unexpectedly in week
U.S. crude stockpiles rise unexpectedly in week

Since 2017, financial sanctions on Venezuela and PDVSA and quality problems with some PDVSA's crude grades also have created obstacles for USA customers to import or pay for oil shipments from the South American country, affecting refiners such as PBF and Phillips 66.

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  • US News Outlets Block European Readers Over New Privacy Rules
US News Outlets Block European Readers Over New Privacy Rules

They can also request to have their data deleted or corrected, and will be able to download their data and take it elsewhere, such as from one music streaming service to another. The "take it or leave it" approach embraced by some both large and small companies will likely not sit well with the EU's executive body, the European Commission, which ma...

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  • The Senate Passes Legislation to Save Net Neutrality
The Senate Passes Legislation to Save Net Neutrality

But he concedes that Democrats have done a better job of selling their message to voters. She was the last to vote after taking her time on the Senate floor, entertaining lobbying by Sen. Neither tipped a hand until they voted a few hours earlier Wednesday to move the measure past a procedural hurdle. As expected, Republican Senator Susan Collins o...

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  • Sensex rises over 100 points; Nifty above 10750
Sensex rises over 100 points; Nifty above 10750

Sensex in the early trade was trading 177 points or 0.50 per cent above at 35,496 while Nifty was up 40 points or 0.37 per cent at 10,781. Losses for domestic stock markets came a day after the USA government pulled out of an worldwide nuclear deal with Iran, raising the spectre of re-imposition of sanctions and sparking worries about global oil su...

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  • Walmart wins battle for India's Flipkart
Walmart wins battle for India's Flipkart

According to industry experts, it could use its Best Price stores as pickup and delivery points to service online sales made on Flipkart . Pratap and his co-founders have built the technology that powers much of the gifting and gift-card solutions used by India's largest retailers.

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  • Which Winning Act From Yesterday's Eurovision Semi Final Is Your Favourite?
Which Winning Act From Yesterday's Eurovision Semi Final Is Your Favourite?

Saara Aalto from Finland performs the song "Monsters" in Lisbon , Portugal , Monday, May 7, 2018 during a dress rehearsal for the Eurovision Song Contest . Cyprus strengthened its position at the top of the bookmakers odds after Eleni Foureira's gave a dynamic singing and dancing performance on Tuesday, very much in the spirit of Beyoncé.

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  • Very Interesting New Feature Coming to Facebook
Very Interesting New Feature Coming to Facebook

Because, duh, that's what many people primarily use the social media platform for already. It also comes as details emerge of a small group of Facebook employees having permission to "access users' profiles without the users finding out", according to the Wall Street Journal .

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  • The unemployment rate is down
The unemployment rate is down

Also, 236,000 people left the labor force last month. What's different from 2016 is that now the jobless rate is almost a percentage point lower , meaning more competition for workers. Among the marginally attached, there were 408,000 discouraged workers in April, little changed from a year earlier. People tend to be willing to leave their jobs ...

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  • Cigarette Packages Draw Warning From US Officials Over Marketing
Cigarette Packages Draw Warning From US Officials Over Marketing

Federal regulators warned 13 companies that the way they market liquids used in cigarettes could entice risky ingestion by small children. According to National Poison Data System data, there were 8,269 e-cigarette and liquid nicotine exposures among children younger than 6 between January 2012 and April 2017, the FDA said .

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  • FA charges Newcastle's Slimani with violent conduct
FA charges Newcastle's Slimani with violent conduct

The 29-year-old was on loan from Leicester City as the Algerian appeared to kick out at Baggies defender Craig Dawson in the 80th minute at St James' Park and was not seen by the match officials but caught on video . Slimani will miss the final three games of the Premier League season against Watford, Tottenham and Chelsea if the charge is pro...

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  • Amazon Canada To Create 3000 High Tech Jobs At Vancouver Tech Hub
Amazon Canada To Create 3000 High Tech Jobs At Vancouver Tech Hub

The general manager of web services Jesse Dougherty said the new corporate positions will be focused on e-commerce technology, cloud computing and machine learning. The office is slated to open in 2022. Amazon is expanding in Vancouver again. The company expects to employ 5,000 employs across the three offices.

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