Business
Fed's Fischer Suggests Rate Hikes on Track for This Year
The initial job numbers we saw this June and July were stronger than the initial gains leading up to the 2015 hike. She stressed that the Fed's rate decisions will depend on whether the freshest economic data continue to confirm its outlook.
Business
DAHLIA | Made In China Or Made In Canada: What Are You Wearing?
Chinese officials in Ottawa have said the two countries were having "positive consultations" and the issue could be "resolved properly through joint efforts". Chinese tourist travel to Canada rose 24 percent in the first six months of this year, helped by new direct flights to Montréal and Calgary. "Canada will have no influence on any matter unless there is a relationship so building that relationship is the objective of the trip", Kinsman explained.
Business
Traffic chaos as truck hits, collapses bridge on UK highway
The top of lorry was sheered and debris of the bridge scattered over the motorway. "30 seconds earlier and we could have been underneath it". "We were right in the line of fire and we could have been crushed". A spokesperson for the South East Coast Ambulance Service said paramedics were treating one patient and that the air ambulance were sent to the scene.
Business
Tim Cook on European Union tax ruling: 'It is total political crap'
The US also criticized the decision, but more from the perspective that Apple should be paying these taxes to the US, rather than Ireland. A dramatic week in Irish politics, which dangled the possibility of a €13 billion windfall for the Irish economy, ended in an agreement this morning between Fine Gael and the Independent Alliance to appeal the European Commission's decision.
Business
US average 30-year mortgage rate rises to 3.46 percent
Gold fell to a two-month low on Wednesday afternoon in London after better-than-expected USA jobs data raised speculation that the Federal Reserve would move forward with interest-rate rises. Brexit bruises were also beginning to show. They fell 1.27 percent to 943.23 tonnes on Wednesday and were down 1.6 percent for the month. "Looking ahead, the service sector faces a challenging environment in which to grow and invest, with uncertainty about demand weighing on firms' minds", said the ...
Business
Joe Biden Mentions Son's Death To Shut Down Heckler
Vice President Joe Biden had trouble defending the Clinton Foundation when confronted by a reporter Thursday about whether it is "100 percent ethical". "Will you listen?" Biden responded. Watch Vice President Joe Biden get on message with the Syrian heckler in the entire exchange right here. Biden, a powerful surrogate for Clinton in Rust Belt battleground states like OH and Pennsylvania, continued to lay out his argument against Trump's presidential candidacy that he first presented at ...