Finance

Erdogan takes on new powers, names son-in-law finance chief

The lira has also fallen by a fifth in value against the dollar this year. Erdogan would become both the head of state and government, with the prime minister...


Ethiopia, Eritrea officially end war

Espousing love between their two countries, the leaders of longtime adversaries Ethiopia and Eritrea agreed Sunday to restore diplomatic relations after almost ...


Woman dependent on oxygen tank dies after company cuts power

We were fanning her. Washington said her mother's home lost power about 10 a.m. Thursday. In order to prevent deaths like Daniels', the NAACP has called...


Timehop Suffers Data Breach

The breach affected 21 million users, including their names, some email addresses, and approximately 4.7 million phone numbers attached to their accounts. The...


President Buhari Congratulates Erdogan On Election Victory

The inauguration in parliament after Erdogan's June election victory will be followed by a lavish ceremony at his palace attended by dozens of world leaders m...


Oil prices edge up, US-China trade war in focus

If Beijing also imposes tariffs on USA crude, it could put downward pressure on the price of benchmark U.S. crude, the West Texas Intermediate, and may weaken i...


United States tariffs take effect, China warns of 'counterattack'

There are already signs within the United States that companies are pausing decisions on investment and hiring and input costs flowing from the earlier increa...


British Brexit Secretary David Davis resigns over EU exit plan

Foreign Secretary Boris Johnson, the face of the Brexit campaign, is also staying put to defend his vision of the divorce, according to a person familiar with h...


Starbucks, citing ocean threat, is ditching plastic straws

The coffee giant said Monday that it will replace the ubiquitous plastic straw with recyclable "strawless lids", as well as straws made from biodegradable mater...


Banning plastic straws is more scam than science

Plastic straws and utensils were originally exempt from the ban because of a lack of viable compostable alternatives . In addition to restaurants, the plas...


Treacherous Thai cave rescue bid enters day two

They were discovered by a team of British divers on Monday and rescue operations have been meticulously planned all week. Anupong Paojinda said officials ...


Chequers mate: Theresa May ambush routs cabinet Brexiteers

Britain's Prime Minister Theresa May leaves 10 Downing Street in London , bound for the House of Commons to face Prime Minister's Questions, Wednesday July 4...


Netflix Premium service gets bumped down with new and pricier 'Ultra' tier

Currently, the highest package is worth $13.99 that is known by the name of Premium. With the second option, both Premium and Ultra customers would have the abi...


Canada: Trade deficit widens amid rising imports - NBF

Market expectations were for a trade deficit of C$2.2 billion, according to Royal Bank of Canada. Canada also imported 13.9 percent more refined petroleum ene...


U.S. adds 213,000 jobs in June, unemployment rate jumps…

A broader measure of unemployment, which includes people who want to work but have given up searching and those working part-time because they can not find full...


Northeast BC unemployment rate dropped almost one percent in June

At the same time, the unemployment rate on the West Coast ticked up 0.4 percentage points to 5.2 per cent as more people entered the workforce looking for work....


U.S. job growth underscores economy’s strength, tariffs a threat

The unemployment rate jumped from 3.8%, the lowest since 2000, to 4% because more people joined the labor force to look for work. A long run of impressive m...


Mark Zuckerberg tops Buffett to become world's third-richest man

The report noted that this is the first time when the three wealthiest people on the list built their huge wealth in the field of technology. Facebook has c...


Fed on lookout for recession but still sees strong economy -minutes

USA central bankers discussed whether recession lurked around the corner and expressed concerns global trade tensions could hit an economy that by most meas...


The rise in the U.S. unemployment rate isn’t bad news

Labor Department. Quite the opposite. Sometimes, higher unemployment is actually a good sign. In the 1950s, about 97 percent of men between the age of 25 and ...