Money

US jobless claims drop to two-month low as labor market firms

US jobless claims drop to two-month low as labor market firms

That's down a tenth of a point from July and six-tenths of a point from August 2015. Among the fields showing a boost in jobs: trade, transportation and warehousing, and leisure and hospitality. Over the year, claims were down by 71, or 13.5 percent, from 524 in August 2015. The labor force, which consists of employed people and those who are unemployed but actively looking for jobs, declined by 1,919 to 183,424 in August. Read More

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Tropical Storm Lisa Gaining Strength in the Atlantic

Karl is about 350 miles northeast of the Leeward Islands moving west at about 14 mph. It has strengthened recently, and sustained winds are up to 50 miles per hour. Hurricane Paine is beginning to weaken in the Pacific off Mexico's coast. Meanwhile, Karl has been downgraded to a tropical depression. Karl, is back to Tropical Depression status as of the 5am advisory with winds sustained at 35 miles per hour. Read More

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Goodyear Tire & Rubber (GT) Leaped After Dividend Increase

Goodyear Tire & Rubber (GT) Leaped After Dividend Increase

The company stock was upgraded to Buy from Hold, wrote analysts at Standpoint Research, in a research note issued to clients on Friday May 20, 2016. The company's market cap is presently $0.0. The company has a 50-day moving average of $29.38 and a 200-day moving average of $29.19. Higher EPS estimate that can be reached in this quarter is determined at $1.28 and lower forecasted EPS is placed at $1.09. Read More

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Libya to resume oil exports

Libya to resume oil exports

Es Sider and Ras Lanuf were among four ports seized by forces loyal to eastern commander Khalifa Haftar's Libyan National Army (LNA) on September 11-12 from a Petroleum Facilities Guard (PFG) faction led by Ibrahim Jathran. Meanwhile firefighters were trying to extinguish a blaze at El Sidra, where a storage tank already damaged in January fighting was set alight during Sunday's clashes. Read More

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Rosberg takes Singapore GP pole ahead of Ricciardo

The Red Bulls were split by the second Mercedes of Lewis Hamilton. Hamilton was left to lament another hard evening which leaves him with work to do in Sunday's race, when he will start from the second row of the grid. They will be able to stay out longer in their first stint than the rest of the top 10 who all used the softest compound. "There's a giant lizard on the track!" shouted Verstappen over team radio as a monitor lizard in excess of a metre long meandered across the Marina Bay ... Read More

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Chikungunya toll rises to 15

Chikungunya toll rises to 15

Till Wednesday, at least nine deaths due to dengue were reported this year in the national capital, though the South Delhi Municipal Corporation (SDMC), which compiles the report on vector-borne diseases on behalf of all civic bodies here, has maintained the death toll at four. Read More

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What to do to if you own a Samsung Galaxy Note 7

What to do to if you own a Samsung Galaxy Note 7

Worse, there were a total of 26 reports of burns and 55 reports of property damage, including fires in cars and garages among these incidents. While Samsung hammered out its formal recall plan with US regulators, the FAA told airline passengers to turn off the phones when flying due to the safety risk. Read More

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Julia Weakens to Tropical Depression Off East Coast

Julia Weakens to Tropical Depression Off East Coast

Tropical Storm Julia is spinning off the Carolina coast, but its effects linger in one West Ashley neighborhood. Tropical Storm Julia is just offshore near the Georgia and SC border. Little change in strength was expected through the weekend. A few isolated showers could make their way inland from offshore Saturday , but the chance for rain will still be low even at the coast. Read More

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Oil Prices Fail on Inventories data

Oil Prices Fail on Inventories data

The US government's Department of Energy reported Wednesday that commercial crude inventories fell about 600,000 barrels in the week to September 9. Brent for November settlement was at $47.34 a barrel on the London-based ICE Futures Europe exchange, up 24 cents, at 9:07 a.m.in Hong Kong. Read More

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Bellingham OKs resolution against Dakota Access pipeline

Bellingham OKs resolution against Dakota Access pipeline

This announcement comes on the heels of worldwide protests and after the U.S. government stepped in to temporarily block construction on federal land. Warren's memo noted that because of what it called "misinformation" in the news, the company is working to "communicate with the government and media more clearly in the days to come". Read More

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Wells Fargo to pay $185 million

Wells Fargo to pay $185 million

They set up sham accounts that customers learnt about only after they started accumulating fees. Wells Fargo , one of the largest banks in the United States, will pony up $100 million for the widespread illegal practice of secretly opening 2 million unauthorized deposit and credit card accounts. Read More

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GM Says Chevy Bolt Electric Car to Get 238-Mile Range

GM Says Chevy Bolt Electric Car to Get 238-Mile Range

With average daily driving in the USA below 50 miles, according to most studies, the Bolt's 238 miles of range is enough to eliminate most owners' range anxiety , or the fear of running out of charge. Several states also offer credits/rebates that can lower your total out of pocket costs by another few thousand dollars. The Bolt EV also received an unexpected boost last week when Apple co-founder Steve Wozniak, universally known as Woz, declared that the Bolt EV " may replace " his ... Read More

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Brady Statement on the US Census Bureau's Annual Report on Poverty

Brady Statement on the US Census Bureau's Annual Report on Poverty

Also, the larger picture of wealth inequality in the wake of the recession demonstrates the degree to which poor and middle class Americans have fallen behind elites . The data was 2.4 per cent lower than the peak level of the median household income of $57,909 in 1999, the bureau said. "A combination of employment growth as well as some modest acceleration in wages seem to be showing through", said Michael Gapen, chief US economist at Barclays PLC in NY. Read More

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Police search for Manchester bank robber

Police search for Manchester bank robber

Police are looking for a man they suspect silently held up a bank in the borough, just by walking up to a teller and displaying a sign that said "RoBBER". He was wearing a gray baseball hat with pinstripes and a cross on it at the time of the robbery. He is considered armed and risky. Anyone with information regarding the suspect is asked to immediately contact the Bedford Police Department at 781-275-1212. Read More

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