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Stories about Money

Dec 18 2018

Google Is Spending $1 Billion On a Massive New York City Expansion

Hudson Square will be the primary location for Google's New York-based Global Business Organization. The city became home to Google's first office outside California al...

Dec 15 2018

Senate passes $867 billion farm bill that would legalize hemp, expand subsidies

The US Congress on Wednesday approved the legalization of large-scale hemp cultivation and its removal from a list of controlled substances. Village Farms is also working...

Dec 14 2018

EU's Michel Barnier says United Kingdom future at stake in Brexit vote

Reports have suggested that some ministers have urged May to delay the vote to try to avoid what could be a game-changing defeat. A key sticking point for British MPs i...

Dec 14 2018

Virgin Galactic's SpaceShipTwo tourism rocket reaches space for the first time

The successful test has brought the oft-delayed dream of Richard Branson welcoming the first paying passengers onboard for an expensive sub-orbital jaunt that bit close...

Dec 14 2018

China makes first big US soybean purchase since Trump-Xi truce

But tariffs on USA soybeans and ongoing trade war caused the amount of soybeans heading to China to drop to almost zero, despite October and November typically represen...

Dec 13 2018

Azerbaijan reports on implementation of OPEC+ deal for November

After the OPEC plus announcement on Friday of a 1.2 million barrel in production cut , generally in line with expectations of cuts between 1. 1 million and 1.4 millio...

Dec 13 2018

OPEC, Russia agree to slash oil output despite Trump pressure

Oil prices jumped about 5 percent to more than $63 a barrel by 15:00 GMT as the combined cut was larger than the minimum 1 million barrels per day target markets had expe...

Dec 11 2018

Wintry storm ices roads across much of US Southeast

South Carolina , Virginia and Tennessee also had outages reported Monday . The nasty mix of ice and snow that blanketed the Southeast on the weekend is expected t...

Dec 07 2018

Who Is the Woman in Huawei Arrest?

National security adviser John Bolton did not know about the arrest of a top Chinese telecommunications executive before President Trump met with Chinese President Xi ...

Dec 06 2018

Huawei CFO arrested in Canada, faces extradition to US

Meng", the spokesperson wrote. He said Meng is facing unidentified accusations from the U.S. District Court for the Eastern District of NY. Huawei said it has receive...

Dec 05 2018

DEVELOPING: US-China trade uncertainty fuels market plunge

White House economic adviser Larry Kudlow says there is no " specific agreement " between the United States and China that would address China's tariffs on US auto impo...

Dec 05 2018

Trump expected to rescind NAFTA to force passage of USMCA

Separately, the fate of the new, wide-ranging trade treaty among the United States, Canada and Mexico will soon be in the hands of lawmakers in all three nations. "And Do...

Dec 03 2018

US, China agree not to raise tariffs on Chinese goods

On Trade , President Trump has agreed that on January 1, 2019, he will leave the tariffs on $200 billion worth of product at the 10% rate, and not raise it to 25% at t...

Nov 30 2018

German police raid Deutsche Bank in 'Panama Papers' graft probe

Prosecutors said that, as a result of the leak, they are looking at whether Deutsche Bank assisted clients to set up offshore companies in tax havens so that funds transf...

Nov 28 2018

May: Brexit deal to allow trade ties with any country

But some Brexit supporters argue that a more definitive break with the European Union would eventually help Britain's economy by making it easier to strike trade deals ...

Nov 28 2018

New Tariffs Could Raise Console Prices in the US

The Wall Street Journal said the administration has been anxious about a consumer reaction to such levies. "If we don't make a deal, then I'm going to put the..." He s...

Nov 28 2018

Trump warns GM could lose subsidies over layoffs

The United Autoworkers Union (UAW) Vice President Terry Dittes said in a statement that "This callous decision by GM to reduce or cease operations in American plants, wh...

Nov 25 2018

Dolce and Gabbana apologises for race row

The boycott spread to foreign sites, with Richemont's Yoox Net-A-Porter removing the brand's items from its Chinese and Hong Kong portals. A duty-free shop at the Hai...

Nov 25 2018

Leaving The European Union Will Break Up The United Kingdom

But nothing in the negotiations has gone smoothly and the summit risked being derailed by a late objection to the deal by Spain over the British territory of Gibraltar...

Nov 21 2018

Apple Stock Price Target Is Cut Again at Goldman

Screen maker Japan Display cut its full-year outlook citing weaker smartphone demand, while British chipmaker IQE said it expects a material reduction in its financia...