Business

Oil prices under pressure after USA non-farms

United States oil futures climbed higher on Friday, amid growing concerns over escalating violence in Syria and as markets eyed the release of USA data later in the day. Cooling overseas markets, a stronger dollar and lower oil prices that are hampering exports and manufacturing raise the risk that employers will hesitate before taking on more staff.

Business

Snapchat update could put filters from companies onto users faces, with lenses

Snapchat has over a hundred million daily active usersĀ and hopes to use that to generate a few money. Check out a How-to video on Snapchat Lens embedded below and let us know which one is your favorite lens and why. While both figures sound relatively high, the potential reach for advertisers is vast as almost 100 million people use Snapchat every day. The introduction of sponsored lenses could create a few fun opportunities for Snapchat's users.

Business

Fed's Williams, citing signs of imbalances, wants 2015 rate hike

Although the markets may fear that the Fed risks playing catch up, with interest hikes chasing upticks in inflation over the next few years , it may be that this time around the Fed would be happy to see some inflation in United States business and financial expectations in order to avoid the years of deflation experienced by economies such as Japan.

Business

Black women sue Calif. wine train for discrimination

The women said many of them were part of the Sistahs on the Reading Edge Book Club of Antioch, and had gathered on the train for their annual Napa Valley visit. McCoy, their attorney, promptly dismissed that offer and said similar cases of discrimination had settled in the past for as much as $5 million. "We accept full responsibility for our failures and for the chain of events that led to this regrettable treatment of our guests".

Business

Hurricane Joaquin National Hurricane Center Update

At 11 p.m. EDT, the NHC said the storm was moving west at only three miles (5 km) per hour. But the NHC, while warning the path of the hurricane could change, said it was "becoming optimistic that the Carolinas and the mid-Atlantic states will avoid the direct effects from Joaquin ".

Business

Hurricane Joaquin 2015 models shift storm's path; could it track toward NC

East Coast early next week. As of 2 p.m. EDT, the storm was located about 70 miles (115 kilometers) south-southeast of San Salvador island after passing over Samana Cays, Bahamas. The storm is slowly moving westward with sustained winds around 80 miles per hour . "There is going to be catastrophic flooding from North Carolina to Massachusetts, and this is going to disrupt the economy regardless of whether or not Hurricane Joaquin makes landfall", said meteorologist Mike Smith of ...