A healthy jobs market with the lowest unemployment rate in 49 years, coupled with strong consumer confidence , likely supported consumer spending, the biggest driver of the U.S. "Inventories should see the opposite effect, where we expect a significant 2.4 percentage-point contribution after the 1.2pp drag from this volatile category in 2Q", Morgan Stanley's economists said in a preview.
What does Ms. Merkel's decision to give up the party leadership mean? In the end, the move won't just be good for her, but for her party, too. According to "multiple media reports", Merkel announced her intention to retire as the chief of the CDU.
The U.S. still has the world's largest number of billionaires at 585, but only created 53 new ultra rich a year ago, while 31 fell out of the league. The report noted that great wealth in Asia remains relatively volatile in a climate of rapid economic development and erratic stock markets that forge fortunes fast, but that can equally undo them.
Now Indonesia's rescue authorities have revealed there were 189 on the flight, including two infants. "We are trying to dive down to find the wreck". According to Indonesian media, TribunNews , the aircraft's final contact was at 06.33 WIB with Jakarta Air Traffic Control. The plane crashed shortly after taking off from an airport in Indonesia.
Microsoft this year acquired open source software platform GitHub for $7.5 billion; chip maker Broadcom Inc agreed to acquire software maker CA Inc for almost $19 billion; and Adobe Inc agreed to acquire marketing software maker Marketo for $5 billion.
High-flying technology companies were taking the biggest hits after posting disappointing earnings. "Earnings have helped", said Robert Pavlik, chief investment strategist and senior portfolio manager at SlateStone Wealth LLC in NY. She expects that to change when the dust settles. USA stocks plunged on Friday as grim earnings reports from Amazon and Alphabet rekindled a rush to dump technology and high-growth stocks, but data showing economic growth in the last quarter slowed less than ...
Investors have grown tired of chasing capital growth or the next "unicorn", favouring instead the safe returns in cash and fixed income, which at over 2 per cent if using Libor as a crude benchmark, outstrips the yield delivered on much of the stocks on the NASDAQ .
The Prosecutor's office and the Federal Bureau of investigation of the state of San Francisco conducted a criminal investigation against the company Tesla for the objective of checking the possible deception of investors because it has detected the distortion of information about the production vehicle Tesla Model 3.
All the more so as Trump lobs increasingly pointed criticism at the Fed and its interest rate increases, which began under Yellen and have continued under Powell, her Trump-appointed successor. Asked whether Powell and the Fed are doing a good job, Orrin Hatch said Wednesday in Washington: "I think so". "I'm not going to get into that issue", said Crapo, chairman of the Senate Banking Committee.
Turkish officials have told the AP that investigators were looking into the possibility that the journalist's remains may have been disposed of at those two locations. Following a global outrage, Riyadh acknowledged that Khashoggi was killed in a fistfight inside the consulate after an interrogation went wrong. On Wednesday Saudi Crown Prince Mohammed bin Salman , who is regarded as the country's de facto ruler, vowed to punish those responsible.
The winning numbers in Tuesday's drawing were: 5, 28, 62, 65, 70 and Mega Ball 5. Meanwhile, four $1 million tickets were sold in NY; three in Florida; and two each in Massachusetts, Michigan, North Carolina, New Jersey and Virginia. Thirteen winners also matched four white balls plus the Mega Ball, which is a $10,000 prize. In comparison, the odds of getting killed by a shark are 1 in 3.7 million in a lifetime, according to the International Shark Attack File.
Amazon published its third quarter financial results on Thursday, beating earnings estimates but falling short on revenue . Underwhelming results from Amazon and Alphabet , the owner of Google, have extended the rout on global stock markets despite figures showing the American economy is in robust health.
Turkey says that Khashoggi's death was the result of a murder plot implicating high-level Saudi officials and has released key details of the probe to the press. The Saudi public prosecutor said he was making the latest assessment on the basis of evidence supplied by Turkey, which has been the source of a series of grisly revelations about the government critic's death.
Khashoggi entered the Saudi consulate in Turkey's Istanbul on October 2 to obtain documentation for his upcoming marriage, but he never left the place. Turkish forensic teams have searched the Consulate, the consul general's official residence as well as vehicles belonging to the consulate as part of their probe into Khashoggi's disappearance and death.
Democrats in the House and Senate on Thursday insisted the New York Times report on Trump's cell phone usage is troubling enough to merit a congressional investigation. The Times said that American intelligence reports have indicated that Chinese spies are listening. Huawei is China's biggest smartphone maker, however, it has been barred from supplying equipment to the U.S.
That person matched all five numbers, but not the Powerball . The Powerball will roll over to $750 million for Saturday's draw. Yet another Safeway in San Francisco has sold a lottery ticket worth something in a single week - this time $1 million.
AGCM concluded that the release of some firmware updates of mobile phones that have caused serious malfunctions and significantly reduced performance, thereby accelerating the process of replacing them. . Now, Samsung has been fined for allegedly slowing down one of their older devices in an update. Complaints of "planned obsolescence" appear to have carried a bit of weight, as the Italian anti-trust team has passed down fines to both companies.
Khan is in Saudi Arabia for the second time this month seeking to shore up financial aid as the country reels from a looming balance of payments crisis. The first FII was held past year, with participation of 3,800 people from 90 countries. The address comes a day after Pakistan secured a $6 billion bailout package from Saudi Arabia.
The Mega Millions is now mega-billion. I have another reason for President Trump to be mad at the Federal Reserve : Its recent actions have pushed down the value of tomorrow's big Mega Millions jackpot . "It's a heck of an investment; you spend most of your life working and you put in a 401k and you still don't get this kind of return", says Howard.
Speaking to Middle East Eye, Saudi human rights activist and close friend of the late Khashoggi , Yahya Assiri, said the visit was " a serious assault on the family " of the murdered journalist, particularly as authorities continue to bar them from travelling.
Saudi Arabia is ready to raise its output to 11 million barrels a day "in the near future" and has the ability to lift production as high as 12 million barrels a day if the market requires it, Al-Falih said. "Bin Salman's remarks and such bragging can only satisfy (US President Donald) Trump". French Finance Minister Bruno Le Maire, UK Trade Minister Liam Fox and Dutch Finance Minister Wopke Hoekstra also pulled out of the conference earlier in the day, while Dutch Foreign Minister Stef ...
The $1.6 billion Mega Millions winning lottery ticket was sold in SC. With the Mega Millions jackpot now at a record $1.6 billion, it may seem like flawless sense to pool money with co-workers or friends to increase the chance of winning a giant payday.
These items were shipped to retail locations nationwide. The issue is related to diced onions used in the Texas-based food company's beef and cheese taquitos, which were recalled by the supplier over salmonella and listeria fears, according to USDA's website .
When the tunnel underneath Los Angeles is built, it will be capable of carrying pedestrians, vehicles, and cyclists at high speeds underneath the city, circumventing traffic. runs underneath the Hawthorne, Calif., headquarters of SpaceX, another of his companies. While the trial tunnel injects a dose of realism to his vision of a hyperfast underground system, key questions remain.
The budget airline Ryanair is facing widespread outrage on social media after it apparently failed to remove a passenger who launched a racist tirade against a lady in the seat next to him and instead moved her. When a flight attendant arrives, the woman says the man "stinks" and asks to be seated next to her daughter. Indicating the seat between them, he can be heard saying: "I hope somebody sits there because I don't want to sit next to your ugly f****** face".