Money

OPEC: Oil Prices to Rebalance in 2019

OPEC: Oil Prices to Rebalance in 2019 Futures fell 0.3 per cent in NY, after declining 11 per cent last week - the most since January 2016. Worldwide benchmark Brent crude futures had risen 30 cents, or 0.56 percent, to $54.12 a barrel by 0744 GMT, at one point climbing as far as $54.66. [Full Article...]

Trump blasts US central bank again over rate hikes

Trump blasts US central bank again over rate hikes Closed on Monday for a national holiday, Tokyo plummeted at the open on Tuesday, suffering its worst finish since April 2017 after a brutal holiday-shortened session on Wall Street that saw USA stocks sink for a fourth straight session. Mnuchin took to Twitter again on Sunday to say he'd spoken to heads of the biggest USA banks about liquidity and lending infrastructure, and reconvened a president... [Full Article...]

Trump lashes out at Fed again amid stock market plunge

Trump lashes out at Fed again amid stock market plunge The Dow Jones Industrial Average sank 653.17 points, or 2.9 per cent, to 21,792.20. Still, some market veterans argue that a panicky Wall Street is prematurely pricing in a recession that may not hit until 2020. But while the last few months in markets have been rough, right now the Dow is down less than 10 per cent on the year - a decline well within the historical norm of volatility. [Full Article...]

All the Stores Opened and Closed on Christmas 2018

All the Stores Opened and Closed on Christmas 2018 Target , Costco , Macy's , Home Depot , and most other major retailers are closed on Christmas. In addition, Total Wine will provide same-day delivery Christmas Eve to most locations in Miami-Dade. Galleria at Sunset mall: Open until 6 p.m. Christmas Eve . Be sure to click on the link to check your store locator to be sure. Some grocery stores are closed all day for the holiday, period. [Full Article...]

Schumer, Pelosi: WH Giving Conflicting Answers on Border Demands

In a joint statement Monday, the Democratic leaders, Sen. The government shutdown adds to uncertainties spooking global stock markets after a tumultuous week in which respected Defence Secretary James Mattis resigned and the president stepped up attacks on the supposedly independent chairman of the Federal Reserve. [Full Article...]

Fishermen Stranded At Sea For 20 Days Rescued By Cruise Ship

Fishermen Stranded At Sea For 20 Days Rescued By Cruise Ship While out at sea, they let their nets soak, a process that usually takes several hours, and went to sleep while they were soaking, Royal Caribbean's chief meteorologist James Van Fleet wrote on Twitter . A spokesman for Royal Caribbean tells NPR the ship contacted local search and rescue centers in Grand Cayman and Jamaica, but none were able to help. [Full Article...]

Is Target open on Christmas Eve 2018?

Is Target open on Christmas Eve 2018? Beer Stores will close at 6 p.m. on Christmas Eve , and will also be closed on Christmas Day . Phoenicia Specialty Foods (Downtown): Open on Christmas Eve . But will Safeway be open this year on Christmas Eve 2018? On New Year's Eve , it closes at 6 p.m. and remains closed on New Year's Day . It's the most wonderful time of year, and it's also the time when you buy last-minute Chri... [Full Article...]

Which stores are open on Christmas?

Which stores are open on Christmas? So no matter where you are, you can be assured that Costco hours are the same. Kosta's will serve dinner until 5 p.m. on Christmas Eve , and the bar is open until 8 p.m. While Fairview Mall will open from 10 a.m.to 9 p.m. Scarborough Town Centre Christmas Eve - 8 a.m.to 6 p.m. Christmas Day - closed Boxing Day - 8 a.m.to 10 p.m. [Full Article...]

Businesses open on Christmas Day

The malls are closing at 6 p.m. but Sears is closing at 9 p.m.at most stores, 8 p.m.at Richardson Square. As for Target , Time has reported that the store hours are from 7 a.m.to 10 p.m. Day, St. Patrick's Day, Independence Day, Good Friday, Mother's Day, Valentine's Day, Presidents' Day, Memorial Day, Father's Day, Labor Day, Columbus Day, Veteran's Day, Thanksgiving Day (holiday limited ... [Full Article...]

US Treasury Sec Mnuchin: Convened meeting with six major bank CEOs

US Treasury Sec Mnuchin: Convened meeting with six major bank CEOs President Trump's Treasury secretary called six top U.S. bankers on Sunday amid concerns over falling stocks, and has revealed he plans to convene a group of officials known as the 'Plunge Protection Team'. Mnuchin on Saturday quoted Trump as denying any plan to remove Powell. The meeting of the working group also comes amid a partial government shutdown that began on Saturday following an imp... [Full Article...]

Mnuchin called top United States banks in a bid to ensure market stability

Mnuchin called top United States banks in a bid to ensure market stability The Post and other outlets reported that Trump even considered taking the unusual step of firing Federal Reserve Chairman Jerome Powell after he raised interest rates against Trump's advice, but Mnuchin denies the rumors, reportedly at Trump's request. [Full Article...]

What's open, closed for Christmas?

What's open, closed for Christmas? And the good news is that this can be completely free. On Christmas Eve , there will be a Saturday service , with a gradual reduction of journeys from 6pm and no services running after 8pm. Most major chains will operate on Christmas Eve , even though it's generally recognized as a bank holiday too. Kohl's is now open 24 hours until Christmas Eve . [Full Article...]

India Inc hails GST Council's move to cut tax rates

India Inc hails GST Council's move to cut tax rates The unravelling of multiple structures of taxation in the GST is a key declaration but the government's sudden decision shows the BJP is firmly in damage control mode. Dispelling fears of a major impact on revenue collection, Revenue Secretary Ajay Bhushan Pandey said that the loss of Rs 55 billion is for the entire fiscal, so for the three months it would be one-fourth of this. [Full Article...]

Shoppers Running out of Time Before Christmas

Shoppers Running out of Time Before Christmas Gift cards could also save you a lot of time shopping this year. "We're really only here because of Santa", said mall patron Kristi Conner. It's also infamous for being the longest wait at nearly any shopping center. "So all you ladies out there it sounds like you're going to get some good presents", Turner said. "I'm always cautious of buying clothes that I'm not familiar with the brand nam... [Full Article...]

Crude oil dips 5 per cent

Crude oil dips 5 per cent The price of oil tumbled more than four percent, putting them at their lowest levels since September 2017. Citigroup, for its part, is in the middle: the investment bank does not expect huge changes in oil prices next year as rising production in the USA would offset the OPEC+ cuts . [Full Article...]

Tencent shares spike as China watchdog flags video game approvals

Tencent shares spike as China watchdog flags video game approvals Earlier this month, state media reported that Chinese regulators had set up an online video games ethics committee, raising hopes the government was preparing to resume an approval process that has been frozen for most of this year. The actual announcement and continuation, however, is likely to help rescue China's video games market growth, which saw its smallest amount of growth in 2018 compared... [Full Article...]

Facebook’s Bitcoin rival will be used for WhatsApp money transfers

Facebook’s Bitcoin rival will be used for WhatsApp money transfers The plans for a cryptocurrency are in the early stages, according to people familiar with the matter speaking to Bloomberg . The company is developing a stablecoin - a type of digital currency pegged to the USA dollar - to minimise volatility, said the people, who asked not to be identified discussing internal plans. [Full Article...]

Hydro crews work around the clock to restore power to British Columbians

Hydro crews work around the clock to restore power to British Columbians Power has been restored to more than 530,000 customers but about 66,000 across the Lower Mainland, Fraser Valley, Vancouver Island and Gulf Islands still didn't have electricity on Saturday morning. The storm left a path of destruction. In White Rock , high winds sent loose boats crashing into the pier, splitting it in two and stranding one individual at the far end. [Full Article...]

Man finds $10,000 inside designer bag on subway

Man finds $10,000 inside designer bag on subway When he could not find an agent at the station, Taverna took the bag home before searching through it some more. But Taverna says that never crossed his mind. A subway rider pulled off a Christmas miracle for a Manhattan fashionista last week, when he found and returned her cash-stuffed Chanel bag. It was the same place a Manhattan woman went to file a report about the blue bag she'd lost as she... [Full Article...]

Farm Bill 2018 Legalizes Hemp-But It's Heavily Regulated

Farm Bill 2018 Legalizes Hemp-But It's Heavily Regulated Although hemp seed and hemp seed oil have received a GRAS determination, the FDA has indicated that it believes further research into the safety of CBD as a food additive is warranted. The FDA statement also specified parts of hemp that are safe as food ingredients, but the CBD stance disappointed advocates. In their press release, they mentioned that they are concerned about the many health c... [Full Article...]


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