• Obama's student loan policy is costing twice as much as expected
Obama's student loan policy is costing twice as much as expected

The Government Accountability Office's study , which was released today, found that the federal government is on track to forgive at least $108 billion in student loan debt-which is significantly more than previous estimates. "The decline in private education borrowing could potentially be attributed to a number of factors that include a tightenin...

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  • Google's Pixel captures 10 per cent premium smartphone market share in India
Google's Pixel captures 10 per cent premium smartphone market share in India

The Google Pixel is nearly half as profitable as the iPhone's 41% margin, according to estimates from Morgan Stanley . Around 5-6 million Pixel devices are expected to be sold the next year, the report suggested. The Pixel will be half as profitable for Google as the iPhone is to Apple. Any smartphone that is priced above Rs 30,000 is clas...

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  • Google's Pixel captures 10 per cent premium smartphone market share in India
Google's Pixel captures 10 per cent premium smartphone market share in India

The Google Pixel is nearly half as profitable as the iPhone's 41% margin, according to estimates from Morgan Stanley . Around 5-6 million Pixel devices are expected to be sold the next year, the report suggested. The Pixel will be half as profitable for Google as the iPhone is to Apple. Any smartphone that is priced above Rs 30,000 is clas...

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  • Why the New Pixel Smartphone Has Been a Modest Hit for Google
Why the New Pixel Smartphone Has Been a Modest Hit for Google

Morgan Stanley's analysts predict that these features could see the Pixel driving higher mobile search monetization for Google as advertisers will spend more to reach the consumers who spend the most on their mobiles. The primary aspect would be the Android updates themselves. iPhone users are assured that their phone will be running the very lat...

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  • GAO: About $108 billion in student loan debt to be forgiven
GAO: About $108 billion in student loan debt to be forgiven

The report notes, "While actual costs can not be known until borrowers repay their loans, GAO found that current IDR plan budget estimates are more than double what was originally expected for loans made in fiscal years 2009 through 2016".

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  • Why the New Pixel Smartphone Has Been a Modest Hit for Google
Why the New Pixel Smartphone Has Been a Modest Hit for Google

Morgan Stanley's analysts predict that these features could see the Pixel driving higher mobile search monetization for Google as advertisers will spend more to reach the consumers who spend the most on their mobiles. The primary aspect would be the Android updates themselves. iPhone users are assured that their phone will be running the very lat...

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  • Why the New Pixel Smartphone Has Been a Modest Hit for Google
Why the New Pixel Smartphone Has Been a Modest Hit for Google

Morgan Stanley's analysts predict that these features could see the Pixel driving higher mobile search monetization for Google as advertisers will spend more to reach the consumers who spend the most on their mobiles. The primary aspect would be the Android updates themselves. iPhone users are assured that their phone will be running the very lat...

Read more

  • Why the New Pixel Smartphone Has Been a Modest Hit for Google
Why the New Pixel Smartphone Has Been a Modest Hit for Google

Morgan Stanley's analysts predict that these features could see the Pixel driving higher mobile search monetization for Google as advertisers will spend more to reach the consumers who spend the most on their mobiles. The primary aspect would be the Android updates themselves. iPhone users are assured that their phone will be running the very lat...

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  • Samsung Pay for Gear S3 Works on Many Phones, Except for Pixel
Samsung Pay for Gear S3 Works on Many Phones, Except for Pixel

According to the report , more shipments of iPhone 7 and iPhone 7 gained Apple a 66% share in the high-end smartphone market as of last month, triumphing out Samsung in the segment. The company also tied up with e-commerce platform Flipkart to offer attractive deals for buyers. Google is now trailing Samsung and Apple in smartphone sales...

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  • Trump nominates Pence ally to oversee Medicare, Medicaid
Trump nominates Pence ally to oversee Medicare, Medicaid

President-elect Donald Trump's choice to head the Centers for Medicare and Medicaid Services is Seema Verma, the founder and CEO of a health policy consulting firm. Mr Trump was also set to launch a "thank you tour" to states he won in the election, starting with a rally on Thursday in Cincinnati, aides said. "In my experience there was an unwill...

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  • More than 800 Lufthansa flights grounded as pilots resume strike
More than 800 Lufthansa flights grounded as pilots resume strike

While Tuesday's walkout will only affect short-haul flights from Germany, Wednesday will see some long-haul services also affected. According to the air carrier these strike are costing the company around €10m a day and above 350,000 passengers were affected by last week's action.

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  • Post-Brexit outlook for Britain's financial stability 'remains challenging'
Post-Brexit outlook for Britain's financial stability 'remains challenging'

Mark Carney warned that the European Union has a lot to lose from any damage Brexit does to the British banking system. On overall stability, the report echoed risks from previous reviews, including the current account deficit - nearly 6 per cent of gross domestic product - high household debt, commercial real estate, market liquidity and the g...

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  • Hong Kong and Shenzhen Market Connection Set to Launch
Hong Kong and Shenzhen Market Connection Set to Launch

Vipshop Holdings Limited (VIPS) ended last trading session with a change of -4.72 percent. The share price is now 1.58 percent versus its SMA20, -0.99 percent versus its SMA50, and 3.94 percent versus its SMA200. Tokyo shed 0.8 percent by the break, with exporters hit by a slight recovery in the yen against the dollar. News that Saudi Arabia, the...

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  • 26 arrested after minimum wage protest shut down Broadway
26 arrested after minimum wage protest shut down Broadway

Organizers for Fight For $15 say that since 2012 their efforts have resulted in higher wages in several states and for workers in large corporations, such as Facebook and Aetna. "Together we will keep fighting for $15 (an hour minimum wage), a union, racial, immigrant and environmental justice", Henry said of the protests among restaurant workers, ...

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  • Trump business ties that pose conflicts
Trump business ties that pose conflicts

Your tax dollars, hard at work. Trump, who previously said he would not only live in the White House but nearly never leave its grounds, will cost the city a fortune it could otherwise spend on services to its citizens. Trump, the Clintons, the NY Times publisher Arthur Sulzberger are all part and parcel of the same club of New York City pl...

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  • November 2016 US Markit manufacturing PMI flash 53.9 vs 53.4 exp
November 2016 US Markit manufacturing PMI flash 53.9 vs 53.4 exp

The ECB next meets on December 8 and economists polled by Reuters last week expect it to announce an extension to its 80 billion euros a month bond purchase programme that is now scheduled to end in March 2017. That came despite unchanged output prices, only the second time in the past 14 months when companies did not resort to discounting to dru...

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  • Sensex rallies 170 points on short-covering, Asian cues
Sensex rallies 170 points on short-covering, Asian cues

Benchmark indexes Sensex and the Nifty rebounded from six-month lows hit the previous day on Tuesday, although underlying sentiment remained cautious amid renewed capital outflows on growing concerns of demonetization and its aftermath. "The surprise outcome of the USA elections and fears of a probable U.S. rate hike will continue to hamper market ...

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  • DraftKings, FanDuel Announce Long-Awaited Merger
DraftKings, FanDuel Announce Long-Awaited Merger

The two executives also said the merger would help the companies develop better products - like offering more varied contests, developing loyalty programs and improving their website features - though they declined to elaborate on those plans.

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  • Applications for US unemployment aid fall to 43-year low
Applications for US unemployment aid fall to 43-year low

Greenwich recorded a 3.4 percent unemployment rate in October, the lowest rate among southwestern Connecticut's five largest municipalities, according to state Department of Labor data. The federal household survey, done with a smaller sample than the survey of employers, shows an increase in the number of employed Californians over both the month ...

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  • PV Sindhu wins against Sung Ji Hyun, reaches China Open final
PV Sindhu wins against Sung Ji Hyun, reaches China Open final

The first game was very crucial. Besides her current form, the home fans are going to support Sun Yu to the hilt, and make life hard for Sindhu . If Sindhu has to clinch the title on Sunday, she has to win two games, which is not going to be easy with Sun Yu in such form.

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