Economy

Fed: Biggest US banks strong enough to withstand recession

The Fed said that the banks would collectively lose almost half a trillion dollars in its most extreme scenario but they would still be able to lend money. The ...


Empty NYC transit bus rolls down street, hits church, cars

St. Paul's Evangelical Lutheran Church suffered only superficial damages, but the van, which belonged to Iglesia Pentecostal Church across the street, "is damag...


198 million United States voter identities may have exposed in massive security breach

A terabyte of completely unsecured data was found stored in the public cloud in an Amazon Web Services S3 bucket , accessible to anyone with an internet co...


Global oil output sees slowest growth since 2013

Brent crude, the global oil benchmark, fell 0.74% to $48.36 a barrel on London's ICE Futures exchange. The upward movement on gasoline inventories for ano...


England draw was one of the 'most emotional games ever' for Strachan

Southgate also revealed that he will make changes for Tuesday's friendly against France with John Stones likely to come in for Chris Smalling and Marcus Rashfor...


Oil prices at 3-week low

A crude price in the $50s is the new reality for bosses of some of the world's largest producers as output caps from Organisation of Petroleum Exporting Countr...


Economy Watch: Job Growth Tepid in May

America is poised to gain jobs for the 80th consecutive month. The Federal Reserve is widely expected to raise interest rates later this month but Frida...


Predators goalie Rinne struggling as Pens take 2-0 lead

Before his first appearance in the Cup Final with the Nashville Predators, Neal authored this piece about what going dancing with Lord Stanley means to him. a...


What would Paris climate deal look like without US?

Trump himself kept everyone in suspense, saying he was still listening to "a lot of people both ways". Abandoning the pact would isolate the US from a raft o...


China dismisses credit downgrade

Moody's Investors Service today downgraded China's long-term local currency and foreign currency issuer ratings to A1 from Aa3 and changed the outlook to sta...


Schapelle Corby's first Instagram post

Corby spent her final day in Bali holed up inside her Kuta home as her sister Mercedes lashed out at the media and a jail doctor declared her healthy and we...


Montana election pits behavior against partisan loyalties

Ben Jacobs was allegedly assaulted by Greg Gianforte , a California-born software entrepreneur who then won a vacant congressional seat in Montana. Accordin...


Patent trolls under attack as US Supreme Court moves goalposts

Past year professors Michael Risch of Villanova Law School and Colleen Chien of Santa Clara School of Law looked at the impact that TC Heartland (if the c...


Senate confirms Branstad as Ambassador to China

He was nominated by United States president Donald Trump to be the next ambassador to China in December 2016. "None of this would have been possible without...


Kuwait backs call to extend oil output cuts

Kuwait joined Saudi Arabia and Russian Federation in supporting an extension of oil-output cuts by OPEC and other global producers through the first quarter of ...


Westpac says bank levy will cost $260m

In a letter to shareholders, the Sydney-based lender also highlighted concerns about plans in the budget to give regulators a greater say over executive pay. It...


London Sevens: Scotland beat England to seal second ever title

The Springbok Sevens team earlier won the fifth-place playoff against Australia to end the season with a win, but it was their solid performances throughout the...


US Official Stirs Controversy Over Claim Wailing Wall is Not Israeli Territory

The Texas senator's statement follows statements from three separate Trump administration officials refusing to say whether the Western Wall in ( Israel's capi...


Orleans County school budget voting results

Voters also approved the purchase of school buses and similar vehicles at a maximum cost of $200,000, with 150 voting in favor and 45 voting against. Spending f...


Hackers hold Disney for ransom over new Pirates of the Caribbean movie

Disney apparently refuses to pay, and is working with the Federal Bureau of Investigation, according to Deadline . Pirates of the Caribbean: Dead Men Tell No ...


Elon Musk posts video of 'electric sled' for tunnel travel

SpaceX and Tesla CEO Elon Musk presented a concept video of his latest venture - a high-speed tunnel now being developed by the Boring Company . Musk posted a ...


New Chinese missile can attack aircraft carriers, THAAD

China's complaints about the USA placing anti-missile defense in South Korea should not only be ignored but recognized for what they are - support of potential...


Puerto Rico announces historic debt restructuring in court

The outcome of its case could help determine where and how the deep financial troubles of certain states, such as IL, are resolved, said NYT . The move, anno...


Rajnath Singh Meets Chief Ministers, Asks To Firm Up Anti-Maoist Strategy

Chief ministers of Chhattisgarh, Jharkhand, Odisha, Bihar, Maharashtra, Telangana, Uttar Pradesh, Madhya Pradesh and Andhra Pradesh attended crucial meetings ca...


Chinese export, import growth slow in April as rebound cools

The value of shipments overseas had been forecast to grow 10.0% according to economists polled by The Wall Street Journal. That pushed the trade surplus to $3...


Joshua ready to take out rivals 'one by one'

The 6-foot-6, 240-pound Klitschko, who extended his heavyweight division record by participating in his 29th world title fight, did damage in the sixth round wi...


Next on Baba Ramdev's retail hit list: McDonald's, KFC and Subway

This is 100% jump in revenues when compared with 2015-16 fiscal when they clocked Rs 5000 crore revenues. "We will become the largest home-grown FMCG player in ...


Google to settle Italy €306m over tax evasion

A Google spokesman said the deal "resolved without disputes investigations relating to the period between 2002 and 2015". However, a person familiar with th...


National Day of Prayer observed

Justin Blankenship, a Ministerial Alliance member. Daniel 9:19 says, "O Lord, Listen!" O Lord, Hear and Act! From time to time we argue and fret over laws and...


N Korea stages large-scale artillery drill as U.S. submarine docks in South

Sen. Lindsey Graham said Tuesday that President Donald Trump will not allow North Korea to develop missiles that could threaten the United States, following a d...


FCC chief lays out strategy on undoing 'net neutrality' rules

Comcast Chairman and Chief Executive Brian Roberts said Pai's proposal "creates an environment where we can have a fresh constructive dialogue". The streaming...


Honeywell International Inc. reiterated as Outperform By RBC Capital Markets

CWM LLC boosted its stake in Honeywell International by 47.1% in the third quarter. The firm owned 17,479 shares of the conglomerate's stock after buying an add...


France's Macron heads for runoff with Le Pen in May

The center ground has held in France as presidential favorite Emmanuel Macron, the former economy minister, emerged Sunday with an unexpectedly strong lead over...


Lavalin to buy WS Atkins for £2.1 billion

SNC-Lavalin's Bruce said: "By combining two highly complementary businesses, we will increase our depth and breadth of services to position us as a premier part...


ITC examining options for Taj Mansingh auction

The IHCL had told the apex court that it was "not clear" why NDMC wanted to auction the prime property which gave the "best revenue" to it. "Important decisions...