Economy

Senate to hear from Comey; Dems raise new Sessions questions

When he asked former CIA Director John Brennan if any ambassadors had requested unmasking last week during the House Intelligence Committee hearing, I assumed he meant Susan Rice , who was Obama's United Nations ambassador before she was his national security adviser. [Full Article...]

Indian-origin gay minister Leo Varadkar becomes Ireland PM

Varadkar said he accepted his win with humility and would set about making the party more democratic and more inclusive. But Varadkar's parents actually met during the 1960s in England, where his father worked as a doctor with his mother, who worked as a nurse. [Full Article...]

Jobless claims jump more than expected in latest week

Jobless claims jump more than expected in latest week Employment is expected to increase by 185,000 jobs in May after jumping by 211,000 jobs in April . Friday morning, the Labor Department is scheduled to release its more closely watched employment report, which includes both public and private sector jobs. [Full Article...]

Birkin bag sells for record $380000 at Hong Kong auction

Birkin bag sells for record $380000 at Hong Kong auction And while the identities of the buyer and seller are reportedly undisclosed, it is said that the bag finally sold after an "intense" 15-minutes of bidding , according to Newsweek. This isn't the first time Christie's auctioned off a Birkin and set a world record in the process. Birkin bags, created and named for iconic chanteuse and fashion muse Jane Birkin , have been a longtime luxury ... [Full Article...]

How major U.S. stock market indexes fared on Friday

How major U.S. stock market indexes fared on Friday The Nasdaq Composite was up 13.26 points, or 0.21%, at 6 260.09. The Nasdaq composite outperformed, rising 0.2 percent to reach an all-time high. economy is showing other signs of strength as well and the market is still forecasting that the Fed will raise rates later this month". The S&P 500 is up 200.24 points, or 8.9 percent. [Full Article...]

US employers add modest 138K jobs; rate dips to 4.3 per cent

But the jobless rate has fallen 0.5 percentage points since the start of the year, and anecdotal reports in the Fed's own surveys increasingly suggest employers are having difficulty finding qualified workers, which raise concerns that wages will begin to rise, possibly stoking inflation. [Full Article...]

Penguins explode in third, take 2-0 series lead on Predators

Penguins explode in third, take 2-0 series lead on Predators The game was tied at 1-1 through two tight periods on goals by Pontus Aberg and Guentzel , but it took just 10 seconds of the third for Guentzel - who scored the victor in Game One - to get his second of the night and 12th of the playoffs. [Full Article...]

Canada manufacturing growth cools modestly in May

Canada manufacturing growth cools modestly in May Earlier this week, commerce & industry minister Nirmala Sitharaman had said that a manufacturing policy would soon be overhauled with the objective of creating more jobs in an environment where technology is rapidly replacing labour. A reading above 50 indicates expansion, while a reading below reflects contraction. Employment growth rose to its fastest pace in two years with a number of respond... [Full Article...]

U.S. meal kit service Blue Apron files for IPO

U.S. meal kit service Blue Apron files for IPO Lead underwriters for the filing include Goldman Sachs, Morgan Stanley, Citigroup, and Barclays. Blue Apron was founded in 2012 and has raised almost $194 million in funding to date. In that first quarter of 2017, Blue Apron reached the milestone of 1 million customers, up from 879,000 in the fourth quarter and 649,000 in year-earlier period. [Full Article...]

Prepared to leave European Union without a Brexit deal, says Theresa May

President Donald] Trump would like to create but can't", Soros told the EU Brussels Economic Forum. The Hungarian-born philanthropist, who was speaking at the Brussels Economic Forum, said the European Union should use the Brexit negotiations to introduce far-reaching reforms and be "radically reinvented", otherwise it risks ceasing to exist. [Full Article...]

JIT probes Hussain Nawaz about London properties

JIT probes Hussain Nawaz about London properties Pakistan Prime Minister Nawaz Sharif's son Hussain Nawaz was today questioned for the second time in three days by a Supreme Court-appointed joint investigation team that is probing his family's business dealings overseas in the high-profile Panama Papers case. [Full Article...]

Trump Tells NATO Members to Pay Up

As a presidential candidate, Trump railed against NATO's financial burden-sharing, suggesting that the US might go to the defense only of the countries that meet the alliance's guidelines - committing 2 percent of their gross domestic product to military spending. [Full Article...]

BA, Iberia travelers face 3rd day of delays, cancellations

Data from flight tracker flightaware.com showed BA's sister airlines in Spain, Iberia and Air Nostrum, cancelled over 300 flights on Monday, a bank holiday in the United Kingdom that sees a high level of air travel. "The root cause was a power supply issue that affected a number of our systems", she said. A single point of failure had also brought down systems at Southwest Airlines the previou... [Full Article...]

New Sounds: Lorde finds pop strength in simplicity on 'Perfect Places'

New Sounds: Lorde finds pop strength in simplicity on 'Perfect Places' But at the end of the song, she asks, "What the fuck are ideal places anyway?" After she named 2017 the year of our Lorde , the New Zealand alt-pop star gave us two new tunes from her album Melodrama in fairly rapid succession. It's close to my heart. Released overnight, the song was produced by Jack Antonoff and is the last song on Melodrama , Lorde's new album due for release later t... [Full Article...]

Global reaction pours in as Trump nears climate deal decision

Trump added to the intense speculation about the future of the agreement, tweeting Wednesday night that he will announce his decision in the Rose Garden on Thursday afternoon. U.S. environmental group The Sierra Club's executive director Michael Brune called the expected move a "historic mistake which our grandchildren will look back on with stunned dismay at how a world leader could be so div... [Full Article...]

Analysts See $-0.02 EPS for BlackBerry Ltd (BBRY)

Analysts See $-0.02 EPS for BlackBerry Ltd (BBRY) Capital Investment Counsel Inc purchased a new stake in shares of BlackBerry during the first quarter valued at about $126,000. Bank of Montreal Can boosted its position in BlackBerry by 2.1% in the first quarter. If you are accessing this story on another website, it was illegally stolen and republished in violation of United States and worldwide copyright & trademark laws. [Full Article...]

Trump Plans to Exit Paris Agreement on Climate Change

Trump economic adviser Gary Cohn told reporters on Saturday in Sicily that the president had told his fellow G7 leaders that "the environment is very, very important to me, Donald Trump " - but voiced his concern that the USA was falling behind India and China in manufacturing. [Full Article...]

LG Pay mobile payment service launched, only available in Korea for now

LG Pay mobile payment service launched, only available in Korea for now Samsung Pay provides the same feature through the Magnetic Secure Transmission technology. That's the same technique used with Samsung Pay. There is launch support for cards from Shinhan Bank, KB, BC and Lotte, and LG plans to cover all of Korea's card companies by September. [Full Article...]

Trump global warming announcement out Thursday

Peskov said Russian Federation has yet to see what announcement Trump makes. "I'm hearing from a lot of people both ways, both ways", he told press after meeting the Vietnamese prime minister in Washington . But Trump said opponents of the accord in his Republican Party and industries like coal , oil, and and electric utilities have also been pushing hard to abandon the agreement, accord... [Full Article...]

White House official: Trump plans to pull United States from Paris deal

White House official: Trump plans to pull United States from Paris deal Junker spoke Wednesday in Berlin. Holthaus pointed out that even North Korea signed onto the Paris Climate Accord, highlighting how out-of-touch pulling out makes the United States seem to the rest of the world. Mr Guterres, who was making his first address on climate since taking the United Nations helm five months ago, said on Tuesday that it was "absolutely essential" that the world imp... [Full Article...]


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