Money

Austria's Kurz wants to help EU's Barnier avoid a hard Brexit

Austria's Kurz wants to help EU's Barnier avoid a hard Brexit We recognise the UK Government must prepare for all outcomes and while the papers don't say much we didn't already know on either future agriculture policy or trading arrangements - which are the major issues for us - they are a stark reminder of what is at stake if we end up in a no-deal situation. [Full Article...]

Trump Organization may face charges from New York DA's office

Weisselberg was called to testify regarding Cohen's investigation, not the probe into the Trump Organization, and public record doesn't show that prosecutors asked him about the company's records overall. They argued that the president was not directly implicated, even though Cohen said in court that he and Mr. Trump had coordinated. The fact that Mr Weisselberg had been talking raised que... [Full Article...]

Disgraced ex-Trump lawyer Cohen crowdfunding legal bills

Disgraced ex-Trump lawyer Cohen crowdfunding legal bills President Donald Trump has warned that the stock market of the United States would crash if he is ever impeached. That tool "almost ought to be outlawed". The president has denied both women's allegations. Swalwell, who sits on the House Judiciary and Intelligence Committees, said Democrats would conduct investigations into the Trump administration Republicans were "unwilling" to do and sh... [Full Article...]

Wall St rises on trade hopes, S&P equals longest bull run

Wall St rises on trade hopes, S&P equals longest bull run The S&P consumer discretionary index climbed 0.9 per cent as shares of off-price retailer TJX Companies Inc rose on strong results and Toll Brothers Inc's encouraging quarterly report boosted shares of homebuilders. In other energy futures trading, heating oil rose 2.1 percent to $2.17 a gallon. Shares of its industry peers PulteGroup PHM.N , Lennar LEN.N and D.R. [Full Article...]

Mexico, US, Expected to Announce NAFTA Agreement Thursday

Mexico, US, Expected to Announce NAFTA Agreement Thursday Going into a Trudeau government cabinet retreat in the British Columbia coastal city of Nanaimo, Freeland said Canada is "very encouraged" by what it is hearing from NAFTA partners about progress in solving their bilateral issues. They expect a breakthrough on autos and some other bilateral issues. Aside from vehicles, the three sides have yet to agree on future dispute resolution mechanisms, wh... [Full Article...]

USA rejects Turkey’s offer of pastor’s conditional release

USA rejects Turkey’s offer of pastor’s conditional release Turkey's presidential spokesman , Ibrahim Kalin also called on the U.S. to respect Turkey's judicial independence, one of Ankara's most pointed responses yet over its detention of pastor Andrew Brunson , who is facing terror-related charges in Turkey. [Full Article...]

Grand Junction Sears store to close

Grand Junction Sears store to close The Washington region has escaped Sears Holdings Corporation's growing list of store closings until now. Associates affected by the closures will receive severance and will be able to apply for open positions at any other area stores. In January, Sears had said it was closing 100 stores. According to the release, the Crabtree Valley Sears will close in November. Sears is also considering the s... [Full Article...]

Trump 'Not Thrilled' with Fed Chairman Powell Over Rate Hikes

Trump 'Not Thrilled' with Fed Chairman Powell Over Rate Hikes In developed economies, central banks are independent of political control. "We do our work in a strictly nonpolitical way, based on detailed analysis, which we put on the record transparently, and we don't take political considerations into account", Powell said in the interview. [Full Article...]

Michael Cohen has evidence Trump committed a crime, lawyer says

Michael Cohen has evidence Trump committed a crime, lawyer says Prosecutors did not go as far as Cohen did in open court in pointing the finger at the president, saying Cohen acted "in coordination with a candidate or campaign for federal office for purposes of influencing the election". That's the payment that was made to her. "Mr. Cohen is not interested in being dirtied by a pardon from such a man", Davis said. Trump later contested whether the campai... [Full Article...]

Latest leak shows the final design of Google Pixel 3 XL

Latest leak shows the final design of Google Pixel 3 XL What do you think of the Google Pixel 3 XL in all of its unofficial glory so far? No big surprise there, given previous leaks and rumors, and what has become a growing trend ever since Apple launched its iPhone X with a notch on top. [Full Article...]

Trump downplays US-China trade hopes

Trump downplays US-China trade hopes The latest round comes as each country prepares to hit the other with new tariffs on Thursday in a deepening dispute over China's economic policies. Reports indicated that talks with Washington would roll on August 21 and 22, just prior to United States tariffs on $16 billion of Chinese goods take effect. [Full Article...]

Uk's Right-Wing Farage Vows to End Brexit 'Sell-Out'

Uk's Right-Wing Farage Vows to End Brexit 'Sell-Out' Raab played down talk of a "no deal" scenario, saying only that Britain had to be ready for "all eventualities". "Ministers should be getting on the job of negotiating a Brexit deal that works for Britain, not publishing vague documents that will convince no-one", he said. [Full Article...]

Crude Oil Prices - Weekly Outlook: August 20

Crude Oil Prices - Weekly Outlook: August 20 Still, traders said overall market sentiment was cautious because of concerns over the demand outlook amid the trade dispute between the United States and China . The US has imposed tariffs on thousands of Chinese products in an effort to even out the trade balance between the countries. In the U.S., energy companies last week kept the oil rig count unchanged, according to the Baker Hughes ... [Full Article...]

Actions better than words, says Russian Federation after Trump offer

Actions better than words, says Russian Federation after Trump offer Washington has promised more, even tougher measures unless Russian Federation agrees to allow global chemical weapons inspectors into the country and provides "reliable assurances" it will no longer use chemical weapons. Trump has also slammed Russia's plan for a gas pipeline to Germany called Nord Stream 2, and some in Washington have called for sanctions to target the project, an idea Moscow c... [Full Article...]

S Africa opens probe to investigate graft charges against Zuma

S Africa opens probe to investigate graft charges against Zuma The inquiry will in part establish whether official appointments were "disclosed to the Gupta family or any other unauthorised person before such appointments were formally made", said inquiry head Zondo. Zondo vowed a thorough investigation and called for members of the public to submit their own evidence, but he expressed disappointment at the lack of cooperation from government officials. [Full Article...]

This bull market can keep running

This bull market can keep running In many corners of Wall Street, that means the S&P 500 rally that began in March 2009 is about to surpass all that went before. Declines of 20 percent for the S&P 500 , the standard definition of a bear market, have predominantly occurred around a recession. [Full Article...]

Alarm over Donald Trump complaints about his pick for US Fed chair

Alarm over Donald Trump complaints about his pick for US Fed chair Trump during the 2016 presidential campaign, told the Wall Street Journal . Gold is highly sensitive to interest rates as any sharp movement in rates on the higher side relates to the opportunity cost of holding non-yielding metal. The Fed has raised interest rates five times since Trump took office in January 2017, with two of those coming this year under Powell. After leaving its policy... [Full Article...]

White House rejects Turkey's offer on detained pastor

White House rejects Turkey's offer on detained pastor Turkey's president said Saturday his country will stand strong against an "attempted economic coup" amid heightened tensions with the United States . August 10, President Donald Trump doubled US tariffs on Turkish aluminum and steel imports. Prior to Trump's tariff announcement, the Turkish lira fell to its lowest point ever against the US dollar, dropping by over 11 percent in value to a... [Full Article...]

Trump ex-lawyer Michael Cohen cuts plea deal

Trump ex-lawyer Michael Cohen cuts plea deal Cohen did not specify the women's names, but the sums correspond to a payment known to have been made to porn star Stormy Daniels just before the election to silence her claims of a one-night stand with Trump - and another destined for former Playboy model Karen McDougal . [Full Article...]

Iran says it is seeking solution to sell oil and transfer revenues

Iran says it is seeking solution to sell oil and transfer revenues Israel and the United States have been closely aligned on their approach to Iran since Trump took office. Europeans' measures to save Iran's 2015 worldwide nuclear deal should "go beyond declarations to take pragmatic steps", Mohammad Javad Zarif said. [Full Article...]


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