Mega Million's $494 Million Jackpot Is Still Up For Grabs

The current jackpot of more than half of a billion dollars is it the fifth highest drawing in Mega Millions history. If you want your chance to be the valley's newest millionaire, get your ticket before the drawing tonight. The largest jackpot wa... More..

by | Published more than a month ago
Facebook's Grim Forecast: Privacy Push Will Erode Profits For Years
by | Thursday, July 26, 2018

Facebook's Grim Forecast: Privacy Push Will Erode Profits For Years

The company said monthly active users rose to 2.23 billion, falling short of a consensus estimate of 2.25 billion from Thomson Reuters I/B/E/S. Growth in the number of users who logged in each day fell shor...More..

#BRICS: SA signs $14 billion trade agreements with China
by | Thursday, July 26, 2018

#BRICS: SA signs $14 billion trade agreements with China

This week South Africa will be hosting a Brazil, Russia, India, China, and South Africa (Brics) summit. China's President Xi Jinping Wednesday opened BRICS summit of emerging economies in South Africa's mai...More..

Soybean farmer calls Trump's $12 billion bailout a
by | Wednesday, July 25, 2018

Soybean farmer calls Trump's $12 billion bailout a "pacifier"

This will aid producers of soy, sorghum, corn, wheat, pork, dairy, fruit, rice and nuts, all products hit by tariffs imposed in response to U.S. action. Sen. Pat Toomey , R-Pa., said the Agriculture Departme...More..

Trump suggests cutting all tariffs ahead of key meeting with EU
by | Wednesday, July 25, 2018

Trump suggests cutting all tariffs ahead of key meeting with EU

Mr Trump promised to have the back of every American farmer and rancher, and he knows the importance of keeping our rural economy strong, he said . "This administration will not stand by while our hardworking...More..

by | Wednesday, July 25, 2018

Sergio Marchionne, The Man Who Saved Fiat And Chrysler, Has Died

On Saturday, Fiat Chrysler named Jeep division head Mike Manley as CEO at the world's seventh-largest auto maker, saying the Briton would execute a new mid-term strategy that Marchionne had outlined in June. ...More..

Mega Millions jackpot at $522 million ahead of Tuesday drawing
by | Wednesday, July 25, 2018

Mega Millions jackpot at $522 million ahead of Tuesday drawing

The Mega Millions jackpot for Tuesday's drawing has jumped again to $522 MILLION. The Pennsylvania Lottery also reported that a Powerball ticket worth $100,000 due to the Power Play option was sold at the A...More..

Trump’s $12B agriculture relief package is ‘farm welfare’: Kennedy
by | Wednesday, July 25, 2018

Trump’s $12B agriculture relief package is ‘farm welfare’: Kennedy

The other would be a free trade agreement between the USA and European Union covering industrial goods, which would amount to a narrower version of the Transatlantic Trade and Investment Partnership pursued b...More..

Why Trump’s tariffs could actually help farmers
by | Wednesday, July 25, 2018

Why Trump’s tariffs could actually help farmers

China is the world's single largest importer of soy, and it buys roughly 30 percent of all USA soybeans . The imposition of punishing tariffs on imported goods has been a favored tactic by Trump , but it ha...More..

by | Tuesday, July 24, 2018

Trump Has $12B Plan to Shield Farmers From Trade War

The plan was announced as Trump spoke at the Veterans of Foreign Wars national convention in Kansas City, where he urged patience in dealing with the tariffs and claimed that "farmers will be the biggest bene...More..

Satellite images show North Korea has begun dismantling key test site
by | Tuesday, July 24, 2018

Satellite images show North Korea has begun dismantling key test site

While Pyongyang could be trying to build trust with Washington as they engage in talks to resolve the nuclear standoff, analysts say dismantling a few facilities at the site alone wouldn't realistically reduc...More..

Trump to offer U.S. farmers billions to ease trade pain
by | Tuesday, July 24, 2018

Trump to offer U.S. farmers billions to ease trade pain

Trump wrote in a Twitter post Tuesday, warning countries must negotiate a "fair" trade deal or they will get hit with tariffs. Punishing tariffs have been introduced on imported goods from Canada, Chin...More..

4 types of Goldfish Crackers recalled over salmonella fears
by | Tuesday, July 24, 2018

4 types of Goldfish Crackers recalled over salmonella fears

No related illnesses have been reported. In June, the U.S. Food and Drug Administration issued a multistate recall of Kellogg's Honey Smacks , a sweetened puffed wheat cereal , after 100 people in 33 states...More..

Alphabet Stock Skyrockets on Stellar Earnings Despite $5 Billion E.U. Fine
by | Tuesday, July 24, 2018

Alphabet Stock Skyrockets on Stellar Earnings Despite $5 Billion E.U. Fine

Alphabet confirmed that it took a $5.1 billion charge to cover the cost of a record fine from the European Commission, which wiped out almost two thirds of its profit. Despite the competition, Alphabet said pre...More..

US trade threats, intimidation won't ever work: China
by | Tuesday, July 24, 2018

US trade threats, intimidation won't ever work: China

China's regulatory tightening has driven up corporate borrowing costs, prompting the central bank to cut banks' reserve requirements three times this year, with further cuts widely expected. The People's Bank...More..

Alphabet trounces profit estimates as Google reins in costs
by | Tuesday, July 24, 2018

Alphabet trounces profit estimates as Google reins in costs

Shares in Google parent Alphabet jumped in after-hours trading Monday as the company's second-quarter results exceeded Wall Street forecasts after taking into account a $5 billion United States charge levied ...More..

Donald Trump tells Iran they will 'SUFFER CONSEQUENCES' in angry tweet
by | Tuesday, July 24, 2018

Donald Trump tells Iran they will 'SUFFER CONSEQUENCES' in angry tweet

Earlier, US Secretary of State Mike Pompeo launched his own rhetorical assault on Iran's leaders, promising unspecified backing for Iranians unhappy with their government. "The level of corruption and wealth ...More..

Tesla shares drop after embarrassing memo leaks
by | Tuesday, July 24, 2018

Tesla shares drop after embarrassing memo leaks

While it's not clear which suppliers Tesla asked for cash back, or how much, the Wall Street Journal said the amount was "meaningful". David Whiston, an analyst at... "It's simply ludicrous and it just sh...More..

No victor in Mega Millions - jackpot up to $493 million
by | Monday, July 23, 2018

No victor in Mega Millions - jackpot up to $493 million

No tickets were sold with all six numbers for Tuesday night's multi-state Mega Millions lottery, so Friday's jackpot has grown to $433 million. The winning numbers were 1-14-30-44-62 with the mega ball as one...More..

Beijing unusually muted since Trump’s latest US$500 billion threat
by | Monday, July 23, 2018

Beijing unusually muted since Trump’s latest US$500 billion threat

The S&P 500 index lost 0.4 per cent to 2,804.49 on Thursday. China imports far less from the U.S., buying about US$130 billion in American goods previous year, so it does not have as much to leverage with t...More..

Dollar recovers ¥113 for first time in six months
by | Sunday, July 22, 2018

Dollar recovers ¥113 for first time in six months

Despite strong growth and recent gasoline price increases, the Fed chair was sanguine about the inflation picture, saying the rate had risen gradually after remaining stubbornly low but had not accelerated ...More..

N.Korea economy shrinks at sharpest rate in 20 years
by | Sunday, July 22, 2018

N.Korea economy shrinks at sharpest rate in 20 years

North Korea lambasted South Korean President Moon Jae-in on Friday (July 20) for "needlessly kibitzing" about relations between Pyongyang and Washington and dismissed Mr Moon's pledge to take the driver's seat...More..

In Rare Move for a President, Trump Criticizes Fed
by | Sunday, July 22, 2018

In Rare Move for a President, Trump Criticizes Fed

Asked on CNBC if he is ready to go to $500 billion - a number that almost matches the $505 billion in products that China exported to the U.S.in 2017 - Trump said, "I'm ready to go to 500". Former Dallas Fe...More..

GST rate cut on 50 items
by | Sunday, July 22, 2018

GST rate cut on 50 items

The rate reduction along with several clarifications will leave the Centre and states poorer by Rs 8,000-10,000 crore on an annual basis. The biggest rate cuts, however, came in white goods. The changes that ...More..

China says USA blaming Xi for blocking trade deal is 'bogus'
by | Saturday, July 21, 2018

China says USA blaming Xi for blocking trade deal is 'bogus'

Earlier this month, the USA and China levied tariffs of $34 billion on each other's goods, with the Trump administration threatening more tariffs in response to what it says is China's theft of U.S. The Trump...More..

by | Saturday, July 21, 2018

Trump's Fed criticism prompts fears he's questioning bank's independence

In a statement to news channel CNBC, the US President said, "I'm ready to go 500", alluding to the United States dollars 505.5 billion in Chinese imports into the US in 2017. The Fed has been carefully and grad...More..

Trump Slams Interest Rate Hikes, Ignoring Hands-Off Tradition Toward Fed
by | Friday, July 20, 2018

Trump Slams Interest Rate Hikes, Ignoring Hands-Off Tradition Toward Fed

A top Federal Reserve official, meanwhile, warned the trade war could hurt the USA economy. President Donald Trump has threatened tariffs on all Chinese goods imported by the US. Indeed, overall financial c...More..

Microsoft Beats Estimates on Cloud Services, Gaming, and Software Growth
by | Friday, July 20, 2018

Microsoft Beats Estimates on Cloud Services, Gaming, and Software Growth

With a revenue of $30.1 billion (up 17%), you wouldn't blame Microsoft's chief executive officer Satya Nadella for declaring it "an incredible year". Several key businesses in Microsoft's portfolio saw sales ...More..

by | Friday, July 20, 2018

US Dollar Sinks as President Trump Hits Fed on Hikes

Still, President Trump voiced concern that the higher rates and a stronger dollar may put the USA at a disadvantage while Fed counterparts in the Bank of Japan and the European Central Bank keep rates low, ...More..

U.S. tariff war to adversely affect global trade: China
by | Friday, July 20, 2018

U.S. tariff war to adversely affect global trade: China

Ultimately, the judges in the WTO's dispute settlement process could rule that the United States should end the tariffs. The Xi administration in Red China stated that they would tax American products such ...More..

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