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Stories about Money

Aug 18 2018

Donald Trump says Turkey acted 'very badly' in Andrew Brunson case

Its leader lives in Pennsylvania and the USA has rejected calls from Turkey to have him extradited. " Qatar has pledged Dollars 15 billion of direct investments in Tur...

Aug 17 2018

United States official warns of more actions against Turkey if pastor not freed

The Turkish lira has dropped to record lows in recent weeks, having fallen some 42 percent so far this year. The International Currency Exchange (ICE) says it has r...

Aug 16 2018

Turkey retaliates against Trump tariffs, hiking fees on U.S

He also described spreading false news about the economy as treason and recent USA actions as a stab in the back against Turkey. A treasury desk trader at one bank said...

Aug 15 2018

Lawsuit accuses Tesla’s Musk of fraud over tweets, going-private proposal

Even though Elon Musk has been busy looking for money to fund his $72 billion Tesla buyout, or trying to lobby shareholders to stay as private investors, he didn't forg...

Aug 15 2018

A sixth firefighter killed battling California wildfires

According to reports by the Lake County News , the firefighter was struck by a tree while fighting the Ranch Fire in Lake County. The Carr fire stood at 65 percent c...

Aug 15 2018

Tesla board says it will assess plan to go private

Private equity firm Silver Lake is also not signed up officially as a financial adviser, as it is helping Musk explore how to take Tesla private with no compensation, R...

Aug 14 2018

What's behind the current US-Turkey spat?

Economists say the lira's fall is due to worries about Erdogan's influence over the economy, his repeated calls for lower interest rates, and worsening ties with the ...

Aug 14 2018

Turkey's President Erdogan claims currency crisis is 'national battle'

A financial shockwave ripped through Turkey on Friday, when its currency nosedived on concerns about its economic policies and a dispute with the US, which President Do...

Aug 13 2018

Here's How You Can Win Free McDonald's For Life

The stuff of pop culture rumors and fast food lovers' dreams, the McGold Card does indeed exist, McDonald's confirms. Each order you place counts as an entry into the c...

Aug 13 2018

Dow down 200, emerging markets crashing on US-Turkey geopolitical concerns

The TSX's energy group rose 0.22 points, or 0.11 per cent, while the financials sector slipped 1.81 points, or 0.59 per cent. The Dow is up 46.65 points, or 0.2 per cen...

Aug 11 2018

Why the Collapse of the Turkish Lira Matters

The Turkish lira plunged on Friday, raising questions about the country's financial stability, as investors anxious about the president's unorthodox economic policies a...

Aug 09 2018

SEC investigating Musk tweet about taking Tesla private

His tweet on Tuesday that he was considering taking the company private , and had secured funding to do so at $420 a share, sent the stock surging, as investors salivat...

Aug 08 2018

Tesla share trading halted after Musk tweet boost

At $420 per share, it would cost about $71 billion to take Tesla private. " Funding secured ", Musk said . Musk tweeted that early access would have bugs and was not adv...

Aug 07 2018

USA reimposes sanctions on Iran

With the USA administration taking a hard line on granting waivers from sanctions, many major companies from the oil and gas industry to auto manufacturers and consumer...

Aug 04 2018

China hits back at U.S. with $60bn tariff threat

Beijing plans to impose an additional 5% in tariffs on about 600 kinds of products including planes and computers, another 10% on nearly 1 000 products including wigs an...

Aug 02 2018

Wraps, Salads Sold At Trader Joe's, Kroger, Walgreens Possibly Contaminated with Cyclospora

A full list of the affected products is available here, and the product labels are available here. Trader Joe's, the Monrovia, Calif. -based grocery chain, posted the h...

Aug 01 2018

Harley-Davidson plans to debut its electric motorcycle in 2019

A year after its British counterpart Triumph inked a partnership with Indian motorcycle major Bajaj to make affordable motorcycles locally, America's iconic motorcycl...

Jul 30 2018

SEC Sinks Bitcoin ETF Over Fears of Price Manipulation

Given the vast, global scale of the market, there's no way to guarantee investor protections against fraud and manipulation, the SEC claims. "The Commission is disappro...

Jul 30 2018

Welcomes New York PSC's Enforcement of Charter-Time Warner Cable Merger Agreement

It wasn't immediately clear what the rejection means for Charter. To obtain approval in New York, Charter agreed to extend its high-speed broadband network to 145,000 u...

Jul 29 2018

Why Economic Growth Might Be Weaker Than It Looks

Otherwise, the growth will temper off. Trump has kept his promise for one quarter - but he may not be able to keep it for a whole year. THE FACTS: Trump is correc...