• Quora says 100 million users hacked
Quora says 100 million users hacked

They have not yet provided more information as to what imported data may have been compromised. If you've used Google or Facebook to log in, or you've connected your Quora account with Facebook, Twitter, or LinkedIn, "we receive certain profile and account information about you from the Linked Network".

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  • Trump will terminate NAFTA to press Dems into approving new trade deal
Trump will terminate NAFTA to press Dems into approving new trade deal

If Trump ends NAFTA , Congress would have 60 days to approve USMCA or both trade deals would be void. "I will be formally terminating NAFTA shortly", the president said of the trilateral agreement he and his supporters have long loved to hate.

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  • Trump hails 'special relationship' with Xi during talks over trade war ceasefire
Trump hails 'special relationship' with Xi during talks over trade war ceasefire

For example, the Trump administration's concerns about China's alleged theft of US intellectual property remain in place and Beijing's broader push for indigenous advances in its hi-tech sector under the aegis of the "Made in China 2025" initiative have yet to be addressed.

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  • Russia Ready To Reduce Output, Oil Price Bounces Back
Russia Ready To Reduce Output, Oil Price Bounces Back

Russian Federation could hold the key to production after Reuters , citing unnamed industry sources, reported Thursday that the oil powerhouse is increasingly convinced it needs to cut output, though it continues to bargain with Saudi Arabia over the specifics of any coordinated reduction ahead of a meeting of OPEC members and its allies next ...

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  • Qatar to quit Saudi-dominated OPEC in 2019
Qatar to quit Saudi-dominated OPEC in 2019

That meeting is expected to set a policy for 2019 and despite Qatar's announcement, oil prices soared on Monday after Russian Federation and Saudi Arabia renewed a pact to cap output. Oil prices surged on Monday after the U.S. and China agreed a 90-day truce in their trade war at a weekend meeting of the G20 nations in Argentina. "Qatar has chose...

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  • U.S. brings fraud charges in Autonomy case
U.S. brings fraud charges in Autonomy case

They called the indictment a "travesty of justice" and said the 53-year-old was being made a scapegoat for HP's failures. HP (now Hewlett Packard Enterprise) said it was "pleased" to see Lynch and Chamberlain facing charges. HP has sought to blame Autonomy for its own crippling errors, and has falsely accused Mike Lynch to cover its own t...

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  • Federal Reserve Chairman's Magic Words Spur Stock Market Surge
Federal Reserve Chairman's Magic Words Spur Stock Market Surge

Federal Reserve Board Chairman Jerome Powell speaks at the Economic Club of NY, on November 28, 2018, in NY. Trump has repeatedly attacked Powell for continuing to raise the benchmark lending rate, which he says undermines the work he is doing to juice the U.S.

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  • Russia-Ukraine crisis clouds G20 summit in Buenos Aires
Russia-Ukraine crisis clouds G20 summit in Buenos Aires

Trump's planned meetings with a half-dozen other world leaders - combined with the possibility of diplomatic snafus - offer little promise of clearing the smoke of suspicion that is once again following him overseas. "Little did you realize I would become president". A White House official said that Trump sees a "good possibility" for a deal to d...

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  • Fed says another rate hike is expected 'fairly soon'
Fed says another rate hike is expected 'fairly soon'

Investors interpreted his remarks as evidence that the Fed might consider pulling back from quarterly rate hikes. The New York stock market rallied on the news. "What do you do?" said Powell in NY. "Given the volatility you've seen recently, it's probably quite reasonable to expect a little bit of a bounce".

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  • Oil prices fall as OPEC meeting remains ‘clouded by uncertainty’
Oil prices fall as OPEC meeting remains ‘clouded by uncertainty’

NY oil sank to under $50 on Thursday owing to doubts over an Organisation of Petroleum Exporting Countries (OPEC) output cut, while most stocks rose as the Federal Reserve hinted at a softer pace of interest rate hikes. The WTI's 14-day Relative Strength Index is still in oversold territory. Brent was down 63 cents at $58.13. Saudi Arabian En...

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  • Trump signs trade deal with Mexico and Canada
Trump signs trade deal with Mexico and Canada

Earlier this month, Yerxa's trade council and 33 other industry groups urged the administration to drop its metals tariffs on shipments from the North American nations, complaining that they are driving up costs and hurting sales. Mr Trudeau added: "Free and fair trade leads to better jobs for middle-class people". 'It's been so well reviewed I d...

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  • Fed minutes: Further hike
Fed minutes: Further hike "warranted soon", debate opened on pause

While campaigning for president in 2016, Trump had been critical of the Yellen Fed, contending that under her, the central bank was keeping rates abnormally low to try to help Democrats. Trump directly criticized Powell, whom he appointed as Fed chairman. "They're making a mistake because I have a gut, and my gut tells me more sometimes than anyb...

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  • U.S. will examine how to 'equalize' auto tariffs with China
U.S. will examine how to 'equalize' auto tariffs with China

He also said he had told GM CEO Mary Barra to open up a new facility in OH and stop making cars in China . "The U.S. saved General Motors , and this is the THANKS we get!" the president tweeted on Tuesday. Trump has also threatened to take action against Amazon.com Inc, saying repeatedly in April, without providing evidence, that the online...

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  • China: trade deal possible at G20 if US is 'fair minded'
China: trade deal possible at G20 if US is 'fair minded'

But he has also shown himself very aware of the immediately positive effects any indication of an improved mood with Beijing can have on US financial markets and his ratings for handling of the economy at a time when he is under fire on other domestic fronts.

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  • Canada senate vote brings end to postal strike
Canada senate vote brings end to postal strike

The bill now only requires royal assent to become law, which is expected Monday night. A news release sent by Canadian Union of Postal Workers said employees started occupying both buildings at around 8:30 a.m. The previous Conservative government forced an end to a lockout of postal workers during a 2011 dispute by enacting back-to-work legisl...

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  • Microsoft wins $480-million US Army contract
Microsoft wins $480-million US Army contract

But the US Army is vast so equipping even a small part of it with HoloLens could see the MR goggles get a heck more use . This new venture, though, is a significant step up from what we've seen previously, with the United States government keen on finding a headset that could allow for night vision, the ability to measure vital signs, bring he...

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  • Deutsche Bank offices raided by police in tax haven case
Deutsche Bank offices raided by police in tax haven case

Deutsche Bank shares were down more than 3 per cent by midday on Thursday and have lost nearly half their value this year. Prosecutors said a probe into the Panama Papers , files from the law firm Mossack Fonseca that were leaked online, showed Deutsche may have helped clients set up off-shore accounts in tax havens to launder criminal proceed...

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  • Oshawa GM plant to close, sources say
Oshawa GM plant to close, sources say

After meeting Prime Minister Justin Trudeau in Ottawa on Tuesday, Dias said GM has moved production of five models of vehicles to Mexico and the United States in the past few years, and if the Oshawa plant closes, the company will have only one left here.

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  • Markets rebound as Fed cools on early rate rises
Markets rebound as Fed cools on early rate rises

That is not what he said. Most recently , I suggested that judging the stance of monetary policy on the basis of the still historically low level of interest rates failed to take into account the impact of the Fed's dramatic contraction of liquidity via its balance-sheet reduction.

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  • Trump’s Chinese Tariffs Target Consumer Electronics, Including Sony and PlayStation
Trump’s Chinese Tariffs Target Consumer Electronics, Including Sony and PlayStation

If no deal is signed, Trump says he's OK with the status quo. But as Trump has made clear before, a deal will not come to fruition without China mending its trade violations, and that is where Kudlow said, "we'll see". President Trump on Tuesday threatened to cancel an upcoming meeting with Russian President Vladimir Putin after the nation fi...

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