Economy

Donald Trump praises Mexico, threatens Canada with auto tariffs

Donald Trump praises Mexico, threatens Canada with auto tariffs

Trump took a different tact, however, with Canada. He added that any deal with Mexico must take care of American autoworkers and farmers, but he praised the new Mexican president, calling him "an ...

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McDonald's is giving one lucky customer free McDonald's for life

McDonald's is giving one lucky customer free McDonald's for life

The McGold Card doesn't necessarily mean unlimited food however. Now, one person will have the chance to be "I'm lovin' it" for life with two free meals per week for 50 years. In late July, McDon...

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Manitoba's unemployment rate holds steady as national average declines

Manitoba's unemployment rate holds steady as national average declines

However, the details of the report revealed weaker data underneath the bigger-picture improvements. According to a report by Statistics Canada, Manitoba added 3,500 full time jobs, while losing 7,00...

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'Suicidal' mechanic stole empty plane then crashed into island after F15 chase

'Suicidal' mechanic stole empty plane then crashed into island after F15 chase

During the ordeal, the self-proclaimed pilot could be heard on audio recordings telling air traffic controllers that he is "just a broken guy ". Richard Russell , 29, flew the plane for over an h...

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Lawsuits accuse Tesla's Musk of fraud over tweets, going-private proposal

Lawsuits accuse Tesla's Musk of fraud over tweets, going-private proposal

One tweet on Tuesday said that funding to take Tesla private was "secure". The two lawsuits filed by Isaacs and William Chamberlain on Friday alleged that Musk and Tesla's behaviour following the ...

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Recep Tayyip Erdogan tells Turkey to 'trust in God' as lira falls

Recep Tayyip Erdogan tells Turkey to 'trust in God' as lira falls

Turkish currency has lost about 40 percent of its value in the past year. Following the tweet , Turkey responded by imposing duties on $1.8 billion in USA goods including coal and paper. "Look at w...

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United States stocks drop on Turkey concerns

United States stocks drop on Turkey concerns

The Russell 2000 gained 13.43 points, or 0.8 percent . The S&P 500 fell 0.7 percent to close at 2,833.28 as financials and materials lagged. Nasdaq Composite futures have dropped 0.6%. "Today's...

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'Stolen' plane closes Seattle airport before crashing into sea

At one point, he said: "Hey do you think if I land this successfully Alaska will give me a job as a pilot?" The man could be heard on audio recordings telling air traffic controllers that he is "...

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China Announces New Set of Retaliatory Tariffs on US Goods

China Announces New Set of Retaliatory Tariffs on US Goods

Americans import far more from China than the other way around, however, meaning Beijing may at some point need to look for other means of retaliation. China has vowed to retaliate with equivalent t...

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Elon Musk recently announced he is considering taking Tesla private

Elon Musk recently announced he is considering taking Tesla private

If Tesla goes private, there will be some shareholders who aren't happy because of the loss of liquidity compared with that of stock traded daily on a exchange like the Nasdaq Stock Market , Coffee s...

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Fragments of stolen plane scattered after crash

Fragments of stolen plane scattered after crash

Officials say an airline employee stole the empty plane and took off from Sea-Tac International Airport on Friday night. Alaska Airlines executives said at a news conference at Sea-Tac late Saturday...

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RyanAir pilot strike grounds 400 flights across Europe

RyanAir pilot strike grounds 400 flights across Europe

The company says it has made every effort to solve the dispute. But pilots counter that Ryanair has refused to engage in meaningful dialogue about collective labour agreements since it began recog...

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Trump doubles tariffs on Turkey, stoking jitters

Trump doubles tariffs on Turkey, stoking jitters

US President Donald Trump is doubling tariffs imposed on Turkish steel and aluminum , insisting that the relationship between the two countries is 'not good'. Trump intensified the alarm on finan...

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Monsanto ordered to pay $289m damages to cancer victim

Monsanto ordered to pay $289m damages to cancer victim

Jurors found Monsanto acted with "malice" and that its weed killers Roundup and the professional grade version RangerPro contributed "substantially" to Dewayne Johnson's terminal illness. Dortch was n...

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Bitcoin (BTC), Ethereum (ETH) & NEO (NEO) Price Analysis

Bitcoin (BTC), Ethereum (ETH) & NEO (NEO) Price Analysis

Bitcoin or BTC has managed to pull back up after some recent dips in market price on Wednesday, these slight lows affected the whole of the crypto exchange and were not exclusively focused on BT...

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Donald Trump announces 'doubling' of tariffs on steel, aluminum from Turkey

Here, the Americans might have moved too soon, not realising that in Turkey, house arrest would nearly certainly lead to dropping charges. For one, the 2016 detention of an American evangelical past...

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Turkey to retaliate against Trump's metal tariffs

Turkey to retaliate against Trump's metal tariffs

On Friday, they also had to also factor in Turkey's economic crisis. It's a comedy of errors that couldn't be less amusing for the Turkish people. The currency's drop - 40% so far this year - has be...

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Erdogan calls on Turks to buy lira 'in response to economic war'

Erdogan calls on Turks to buy lira 'in response to economic war'

The lira hit a record low of 6.24 per dollar on Friday, before recovering to 5.94, down 7 percent on the day. Turkey, a North Atlantic Treaty Organisation ally, him on trial for espionage and terr...

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Turkish delegation returns home after meeting in US

Turkish delegation returns home after meeting in US

The Turkish lira has lost 13 per cent of its value against the dollar since midnight, pushing the battered currency further into crisis. The Turkish and U.S. Investors are also concerned about Pre...

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US Will Sanction Russia After UK Nerve Agent Attack

US Will Sanction Russia After UK Nerve Agent Attack

She said sanctions would take effect on or around 22 August, after a 15-day Congressional notification period. Former Russian spy Sergei Skripal and his daughter were poisoned by Novichok, a m...

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Saudi Arabia's diplomatic dispute with Canada: An explainer

Saudi Arabia's diplomatic dispute with Canada: An explainer

As a result of the Canadian government tweets, Saudi Arabia expelled Canada's ambassador to the country, Dennis Horak, and recalled its envoy in Canada. Nauert declined to denounce Saudi Arabia's deta...

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Crude slides after China announces tariff on U.S. oil products

Crude slides after China announces tariff on U.S. oil products

And the conflict is likely to escalate: The administration is preparing tariffs of up to 25 percent on an additional $200 billion in Chinese products. in Chinese goods. The US has said the tariffs a...

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NYC Council approves cap on app-based ride-hail vehicles, citing congestion

NYC Council approves cap on app-based ride-hail vehicles, citing congestion

No new licenses will be issued for a full year as the city studies the issue further; legislation also allows the city to set a minimum pay rate for drivers, who, as legal contractors, are not subject...

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Tesla shares down as Wall Street digests take-private plan

Tesla shares down as Wall Street digests take-private plan

On Wednesday, board members released a statement confirming Musk was serious about taking the automaker private, and that board was made aware of the proposal last week. Those who believe Musk is ca...

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After Australia, Ola eyes the United Kingdom market

After Australia, Ola eyes the United Kingdom market

Ola , which had obtained a license to operate in South Wales and Greater Manchester, said it would start operations within the next month. Ride-hailing apps are booming in India despite stiff oppo...

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US Prepares to Slap New Sanctions on Iran

US Prepares to Slap New Sanctions on Iran

An even bigger surprise can come from Washington later today regarding the Iranian sanctions. Benchmark Brent crude oil futures on Tuesday were 1.5 percent higher at $74.80 a barrel. All countri...

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President Trump,

President Trump, "Tariffs Are Working, US and China Are Talking"

Last month, the International Monetary Fund warned that escalating trade conflicts following USA tariff actions on its trading partners threaten to derail the global economic recovery. China is tryi...

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IL kicks off annual Barack Obama Day, Aug. 4

IL kicks off annual Barack Obama Day, Aug. 4

When they were in White House together, Michelle Obama , Barack Obama , and Joe Biden were darlings of the new generation. Fans of former president Barack Obama - or at least critics who like ...

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Elon Musk considering taking Tesla private, TSLA stock trading halted

Elon Musk considering taking Tesla private, TSLA stock trading halted

Mr Musk has previously discussed the drawbacks of being a public company, saying shareholder demands often produce short-term thinking. "The reason for doing this is all about creating the environme...

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Fetus discovered on plane from Charlotte to NY

Fetus discovered on plane from Charlotte to NY

Fetus was thought to be 5 months along . Flight Tracker reports Flight 1942 left Charlotte at 8:56 p.m. Monday and arrived at LaGuardia at 10:44 p.m., about 20 minutes behind schedule. The statio...

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