Markets

International Monetary Fund revises up global growth forecast as Europe and Asia pick up

International Monetary Fund revises up global growth forecast as Europe and Asia pick up

The World Economic Forum that is taking place in Davos , Switzerland will tackle the risks associated with the global economy, approaching subjects such as geopolitical tensions and extreme meteorological phenomena. Consistent with these plans, the country's ongoing and necessary rebalancing process implies lower future growth, Obstfeld said at a news conference in Davos. Read More

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Gas Prices Rise in Washington, Hold in Wenatchee

Gas Prices Rise in Washington, Hold in Wenatchee

The average price in Wisconsin was about $2.47 a gallon - unchanged over the previous week, and up about 4 cents over a year ago. "Crude oil prices at the end of 2017 were the highest at the end of the year since 2013, helping to keep pump prices from their traditional January dip", said Mary Maguire, Director of Public and Legislative Affairs. Read More

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Jeff Bezos Is Now Worth More Than Bill Gates Ever Was

Jeff Bezos Is Now Worth More Than Bill Gates Ever Was

He also passed Gates to become the richest person in the world in 2017: once in briefly in July and again in October. Had he held on to that money, his net worth today would be well over $150 billion. Amazon shares have risen 6.6 percent this year, with a report showing the Seattle-based company captured 89 percent of online spending among dominant holiday retailers in the five-week period beginning the day after Thanksgiving in the U.S. Read More

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Coinbase Is Investigating Possible Bitcoin Cash Insider Trading by Employees

Coinbase Is Investigating Possible Bitcoin Cash Insider Trading by Employees

If we find evidence of any employee or contractor violating our policies - directly or indirectly - I will not hesitate to terminate the employee immediately and take appropriate legal action. The code that Bitcoin Cash runs on is created to fix some of the issues that old school Bitcoin has faced with scaling. Users who had Bitcoin in Coinbase at the moment of the fork will now see their Bitcoin Cash in their Coinbase account . Read More

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Salvation Army short 20000 toys and $600K

Salvation Army short 20000 toys and $600K

During the holidays, many families receive help from the Salvation Army, but the non-profit says donations are down by about 15 percent this year. "I've been sick", and unable to work to buy her children gifts, Williams said. The application process, which verifies income and need, began in early October and this year's new favorites included Easy-Bake Ovens and drones, Canning said. Read More

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Nigeria's ease of doing business raises Africa's air traffic by 7.5%

Nigeria's ease of doing business raises Africa's air traffic by 7.5%

All regions are expected to post improved profits year-on-year in 2018 with the North American carriers leading the pack at US$16.4 billion, which is almost half of the collective bottom line. A boom in traveller numbers has already led to this year's projected net profit being revised up, after it was forecast at $31.4bn in June. "Asia-Pacific is leading the way in terms of growth and is clearly the centre of gravity in terms of where the industry is going", said IATA chief economist Brian ... Read More

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Oklahoma RB Rodney Anderson facing rape allegation

Oklahoma RB Rodney Anderson facing rape allegation

Oklahoma running back Rodney Anderson (24) evades pressure from TCU defensive end Mat Boesen (9) in the second half of the Big 12 Conference championship NCAA college football game, Saturday, Dec. Anderson". "We are confident that when authorities have all of the information surrounding this circumstance, Mr. Anderson will be completely exonerated of any wrongdoing, and he looks forward to the conclusion of this investigation so he can focus on his obligations as a student-athlete". Read More

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Walmart's Black Friday 2017 ad is out!

Walmart's Black Friday 2017 ad is out!

Online, deals start at 12:01 a.m. Thanksgiving. The codes will be available on the retailer's Black Friday circular and store maps. There's no doubt that Black Friday is by far the more popular shopping day, but don't count out Cyber Monday as a fantastic opportunity to score deals that you perhaps missed out on. Read More

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BJP to mark November 8 as 'anti-black money day'

BJP to mark November 8 as 'anti-black money day'

The BJP has also announced to observe November 8 as anti-black money day across the country. The meeting was attended by Azad, O Brien, Yadav, Communist Party of India (CPI) Member of Parliament D. "If morality is still a virtue in India's polity, then it is time for Prime Minister Modi to introspect and demit the office he holds", Sharma and Surjewala said. Read More

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Rate rise speculation mounts as Q3 GDP rises to 0.4%

As neighbouring eurozone growth accelerates to a decade high of 2.2 per cent this year, United Kingdom growth looks set to slow to a modest 1.6 per cent, well... Today's healthcheck on the United Kingdom economy is particularly important, as chancellor Philip Hammond weighs up what tax and spending changes to make in November's budget. Read More

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Ikea Dresser Reportedly Kills Eighth Child Despite Recall and Repair Offer

Ikea Dresser Reportedly Kills Eighth Child Despite Recall and Repair Offer

The recalled MALM chests and dressers were manufactured and sold through June 2016 and include the 3-drawer, 4-drawer, 5-drawer and 6-drawer models. The previous lawsuits against IKEA asserted that the unsafe design of the dressers rendered them inherently unstable and easily tipped over. Ikea has since redesigned some of its dressers and says all dressers it sells now adhere to the voluntary industry standard for stability. Read More

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Ford recalls 1.3 million pickups

Ford recalls 1.3 million pickups

Ford cited a "frozen door latch" or a "bent or kinked actuation cable", which may prevent the vehicle's doors from opening or closing. In an effort to remedy the problem , Ford dealerships will be instructed to inspect the door latches and actuation cables. Read More

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Spurs, Aldridge agree to 3-year, $72M extension

Spurs, Aldridge agree to 3-year, $72M extension

A person with knowledge of the agreement told the Associated Press that Aldridge will exercise the $22-million player option on his contract for the 2018-19 season. But the Spurs won 61 games and advanced to the Western Conference finals, where they were swept by the Golden State Warriors after Leonard injured his ankle in Game 1. Read More

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No 'terrorism' charges for now in Edmonton attack

No 'terrorism' charges for now in Edmonton attack

He is now facing five counts of attempted murder, four counts of risky driving causing bodily harm, unsafe operation of a motor vehicle and one weapons-related charge. Knecht said Chernyk has since been released from hospital and is expected to make a full recovery. He said the U-Haul then sped off toward downtown with police in pursuit. Read More

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Air France flight with engine damage makes emergency landing in Canada

Air France flight with engine damage makes emergency landing in Canada

An Air France plane en route to Los Angeles from Paris made an emergency landing Saturday in Goose Bay, N.L., after one of its engines blew out over the Atlantic Ocean. Photos showed damage to the outboard engine on the right wing. One of the passengers, a master of understatement named Daniel McNeely, tweeted , "One of our engines is slightly blown apart" and "I think the engine has seen better days". Read More

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United Kingdom public finances beat forecasts, as Ryanair boss apologises over cancellations

United Kingdom public finances beat forecasts, as Ryanair boss apologises over cancellations

Ryanair's chief executive Michael O'Leary said that people whose flights are canceled will be transferred either to another flight on the same day or to a new schedule a day before or after their original date of departure. The airline has hired additional customer service personnel to accelerate the handling of flight change requests and the reimbursement of the passengers concerned. Read More

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Oil Jumps After US Gasoline Stockpiles Plunge to 22-Month Low

Oil Jumps After US Gasoline Stockpiles Plunge to 22-Month Low

United States crude stockpiles rose to 472.8 million barrels last week, while inventories at the crucial trading hub in Cushing, Oklahoma, climbed to the highest since June and crude production increased for a second straight week. Both reports are expected to show a build in USA crude inventories as imports resume and refineries were still restarting after a recent shutdown in the Texas Gulf Coast region due to Hurricane Harvey. Read More

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CCleaner Malware Found In Version 5.3 of Software

CCleaner Malware Found In Version 5.3 of Software

The company stated that they released the uncompromised CCleaner version on September 12th and they again unveiled the CCleaner Cloud clean version on September 15th, 2017. Users of the infected version of CCleaner Cloud received an automated update and Piriform believes that in the case of the cloud version, it was "able to disarm the threat before it was able to do any harm". Read More

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All T-Mobile ONE family plans now include a Netflix subscription

All T-Mobile ONE family plans now include a Netflix subscription

And it's limited to one Netflix subscription per family account. Four lines are $160 - taxes and fees included. One, you have to be on a new T-Mobile ONE plan. The T-Mobile account also has to be in good standing to be eligible. T-Mobile US Inc. said Wednesday it will offer family-plan subscribers free access to Netflix Inc.'s streaming-video service, the carrier's latest bid to lure wireless customers away from its larger rivals. Read More

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