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Stories about Money

Sep 25 2018

Gold Prices Fall As US-China Trade Spat Intensifies

Earlier, US President Donald Trump threatened China with further tariffs on around $267 billion of imports if Beijing retaliated against the latest step, which it...

Sep 24 2018

OPEC, allies agree not to further increase oil production

With Brent crude already jumping to a four-year high on Monday, that's exactly the kind of price surge President Donald Trump has been seeking to prevent by pressurin...

Sep 20 2018

U.S., China step up trade war, slap tit-for-tat tariffs

This comes one day after President Donald Trump announced a 10 percent tariff on $200 billion in Chinese imports starting next week. Collection of tariffs on the ...

Sep 19 2018

Newly announced tariffs against China face vehement backlash

China has already imposed retaliatory tariffs on $50 billion worth of USA goods in response to Washington's previous measures. "China has openly stated that they are ...

Sep 18 2018

Apple Watch, AirPods excluded from next round of tariffs says new report

The Global Times , a state-owned Chinese tabloid, said in an editorial on Monday: "We are looking forward to a more lovely counterattack and will keep increasing the ...

Sep 18 2018

Gold, Crude Finish Week Higher Despite Rocky Two-Sided Trade

Iran , a founding member of the cartel, had been against the move which came as the country faces renewed USA sanctions after Washington's decision to leave the 2015 nu...

Sep 17 2018

The US bans anyone who smokes or invests in Canadian marijuana

Marijuana's about to become legal in Canada . They could declare users inadmissible - perhaps for life. But lying to a border agent also carries the risk of a lifetime...

Sep 15 2018

Trump tariffs are about to hit Apple fans where it hurts

Companies reported the tariffs were pressuring profits, reducing demand for their products and driving up production costs. On 7 September, Mr Trump said tariffs on...

Sep 14 2018

Turkey stuns market with massive interest rate hike

Following the news, the Turkish lira rose 5 percent in value against the U.S. dollar, reversing its 42-percent fall this year against the American currency. Currently, ...

Sep 13 2018

Trump claims credit for the economy. Not so fast, says Obama

Gasparino's tweet was referring to Trump's assertion that the GDP is now higher than the unemployment rate for the first time in "over 100 years". Donald Trump , pr...

Sep 11 2018

Apple: China Tariffs by Trump Will Hurt Company

Trump first threatened to impose the round of tariffs in July, and the move would be a drastic escalation of the trade war between the United States and China . In it...

Sep 11 2018

National Organization for Women says Les Moonves should be arrested

He will take with him "certain fully accrued and vested compensation and benefits", and any future payments are dependent on the result of the ongoing independent investi...

Sep 08 2018

Barack Obama Slams Donald Trump In Speech - 'He's Capitalizing On Resentment'

But on Friday, Obama offered his most pointed indictment of the political climate that has formed under the watch of Trump and the Republican-controlled Congress. "He i...

Sep 06 2018

Oil Edges Up Ahead Of Looming Sanctions On Iran

Nearly immediately, the US began reimposing sanctions against Tehran. The two benchmarks have risen strongly over the last two weeks with Brent gaining more than 10 per...

Sep 05 2018

Amazon joins Apple in the trillion-dollar club

Just 10 months later, on August 30, Amazon shares hit $2,000 for the first time, just $50 per share away from giving the company a $1 trillion market value. And even less...

Sep 04 2018

No full petrol price increase for South Africa this month - Government intervention

The prices of CNG and piped natural gas (PNG) were also hiked in metro cities since the price of gas procured by city distributors is mostly dollar-denominated. The consu...

Sep 03 2018

Trump cancels pay raises for federal employees, including 75,500 in Washington

That measure, along with a new two-year federal budget and tax cuts heralded by Republicans, have led to accusations Trump is ignoring the federal deficit, despite promis...

Sep 01 2018

President Trump cancels pay raise due federal workers in January

Congress has approved legislation to give military service members a 2.6 percent pay raise, the biggest in nine years, but funding must still be approved. It also issued ...

Aug 31 2018

Facebook Watch Video-On-Demand Service is Rolling Out Globally

The social network's "Watch" feature, a section on its app, is created to take on YouTube directly since it will serve as a dedicated home for videos on Facebook, instead...

Aug 28 2018

President Trump is 'flipping' out over plea agreements and immunity deals

Davis also is hedging suggestions he made on television last week that Cohen could tell special prosecutor Robert Mueller about whether Trump was aware of and encoura...