NEW YORK (Reuters) – The dollar recorded its largest one-day loss in two months against a basket of currencies on Wednesday as Federal Reserve officials stuck to their view of three rate increases for 2018 as they want to see a further pickup in inflation. The U.S. central bank as expected delivered a quarter point […]

Letter signed by 49 of the largest retailers NEW YORK (CNNMoney) – The nation’s largest retailers are asking President Donald Trump not to slap new tariffs on China. The Trump administration has already imposed tariffs on steel and aluminum imports from most of the world, aimed primarily at curbing the excess production coming from China. […]

(Reuters) – Most Asian currencies softened versus the dollar on Monday, marking a slow start to a potentially tense week amid caution ahead of a key U.S. Federal meeting. Markets are bracing for Federal Reserve Chair Jerome Powell’s first monetary policy meeting on Tuesday and a widely expected 25 basis point rate hike. The key […]

By Hideyuki Sano TOKYO (Reuters) – Asian stocks were on the defensive on Friday as worries over the U.S. investigation into the Trump Organization tested investor nerves, already frayed by fears U.S. tariffs could hurt the global economy and trigger a trade war. MSCI’s broadest index of Asia-Pacific shares outside Japan <.miapj0000pus> slipped 0.2 percent […]

NEW YORK (Reuters) – U.S. President Donald Trump’s high-profile ouster of Secretary of State Rex Tillerson sent the U.S. dollar down slightly on Tuesday, with crude oil falling after an initial jump. Trump gave Tillerson the boot on Tuesday after a series of public rifts over policy on North Korea, Russia and Iran, and replaced […]

Netflix stock soars As if Netflix stock wasn’t already rising rapidly enough since it reported better-than-expected fourth-quarter resultsOpens a New Window., the stock has been on a tear this week, rising about 10%. This puts Netflix stock up 136% in the past 12 months and 72% year to date. The run-up comes on the heels of […]

Indian Rupee showed much resilience and managed to stand on a strong foot against the dollar despite a massive sell-off in local bourses Reversing its two-straight weeks of downtrend, the rupee ended virtually stable at 65.17 against the US dollar in a highly volatile trade even as uncertainty over U.S. President Donald Trump’s proposed tariffs dominated […]

Two of Tesla Inc.’s largest shareholders are supporting a plan to award Elon Musk a compensation package valued at $2.6 billion, a show of confidence in the electric-car maker’s bid to keep its visionary CEO around for the long haul. Baillie Gifford & Co. and T. Rowe Price Group Inc., which combined own about 14 percent of Tesla […]

Horsepower is up by 23 while torque stays the same at 384 pound-feet. After giving the lesser C-Class models a mild refresh for the 2019 model year, Mercedes is now moving higher in the hierarchy by working on the hotter C43. Although at a first glance it may look virtually the same as the outgoing version, there are […]

Online marketing has changed a lot over the last few years. The paradigm has shifted, and what worked for you last year won’t work for you this year. What got you to this point won’t get you to where you want to be, and your job as an entrepreneur is to keep up with this change. Related: 4 […]