Japan’s economy expanded at an annualized rate of 4.0 percent in April-June, posting a sixth straight quarter of expansion led by private consumption and capital expenditure, government data showed on Monday. That marked the fastest pace of growth since January-March 2015. The preliminary reading for second-quarter gross domestic product (GDP) compared with a median estimate […]
Read moreThe greenback began the week on the back foot after a disappointment in U.S. July consumer price index numbers Friday as investors in Asia geared up for the release of a barrage of China data on Monday. July U.S. consumer prices were weaker than expected, rising just 0.1 percent compared to the month before, Reuters […]
Read moreIndia’s consumer inflation is expected to have picked up in July after easing for three straight months, with food prices back on the rise, but is expected to remain well below the central bank’s target. The consumer price index, the main policy target of the Reserve Bank of India (RBI), likely rose 1.87 percent in […]
Read moreBill Perkins of energy hedge fund Skylar Capital says the natural gas market could soon rev up. With American exports of natural gas on the rise, while infrastructure “isn’t coming on fast enough,” Perkins makes the point that “we actually have a very tight market now.” “Right now we have the demand-side infrastructure — that […]
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You can use Apple‘s Siri voice assistant to send money using your iPhone. This morning, for example, I needed to send my friend money for the upcoming fantasy football season. I was getting out of the car and, instead of fumbling with Venmo to enter in his name and the amount I owed him, I […]
Read moreAfter pioneering the technology behind marijuana delivery service Eaze, Roie Edery and Aleksey Klempner began looking for other industries that were “ripe for a technological disruption” — and they kept coming back to food trucks. The food truck industry is a lucrative niche, with revenue growing at an annual rate of 7.9 percent from 2011-2016, […]
Read moreFleas have been found to carry the plague in at least two Arizona counties, a publication reported. Fleas carrying the disease were detected most recently in Navajo county, according to a report by ABC News. The first case was first reported a week ago when officials in Coconino County found infected fleas on local prairie […]
Read moreThe venture capital industry has been careening from crisis to crisis spurred by a series of sexual harassment allegations. Firms are now looking inward, and so is the lead trade group. Bobby Franklin, the head of the National Venture Capital Association, the lobby and official voice of the spread-out industry, said his Washington-based organization is […]
Read moreA Wisconsin company is offering its workers the chance to toss their employee ID card and chuck all their passwords. If that sounds appealing—especially for people who frequently lose or forget those staples of modern-day office life—it comes with a catch. In exchange, each employee will insert a tiny microchip: Under their skin. As it […]
Read moreThe Philippine central bank on Sunday sought to soothe frayed nerves in the foreign exchange market after the peso hit an 11-year low, saying it was not in a freefall and assuring it would be on guard against excessive volatility. “Let’s calm down,” Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla said in a statement, […]
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