LAST week brought some good news for those who are fans of both flying and country music. Warner Music Nashville, a record label, and Southwest Airlines announced that they will be bringing concerts to the skies. The scheme is an expansion of the airline’s existing “Live at 35” series, in which bands surprise passengers by […]
Read moreCNBC’s Jim Cramer sees the Federal Reserve raising interest rates next month after Friday’s strong jobs number. The Labor Department said Friday the economy added 261,000 jobs in October, a pickup from September, and the unemployment rate dropped to 4.1 percent. “I’m going to just stick with what we need on this and say you’re […]
Read moreWith the release of an ambitious overhaul of the tax code, House Republicans are moving to fulfill a long-held desire of corporate America: a large and audacious tax cut. Yet economists are divided over whether the plan is likely to revitalize the economy or merely bestow a windfall on the wealthiest investors. Even before President […]
Read moreThe U.S. economy added 261,000 jobs in October and the unemployment rate was 4.1 percent as labor conditions returned to normal following the storm-weakened September. However, the number was considerably below Wall Street expectations of 310,000. The tick lower in the unemployment rate came against expectations it would hold steady at 4.2 percent. A broader […]
Read moreCurrency, United States Finance
A regional election in Sicily over the weekend could lift the party of former Italian leader Silvio Berlusconi, as the country gears up for a national vote next year. The Sicily vote for a new governor is being seen as a dress rehearsal for a national election that is due to take place before June. […]
Read moreBrianna Parsons grew up around animals in Quakertown, Pennsylvania, and always thought she’d be a small-animal vet, caring for cats and dogs. But after a study abroad trip to Tanzania during her undergrad years, she decided to change course. “I was seeing the ways people depended on livestock for their livelihoods, for food every day, […]
Read moreWhatsApp was hit by a major outage on Friday morning, preventing people around the globe from using the world’s most popular messaging app. Users of the Facebook-owned app could not send or receive messages as the service continued to say it was “connecting”, though no connection was made. According to DownDetector, there were problems across […]
Read moreAir France-KLM said improving price trends helped it report better than expected third quarter profits, joining major European peers in benefiting from strong summer demand. The Franco-Dutch company reported third quarter operating profit up 38.7 percent to 1.022 billion euros ($1.2 billion), against the average analyst expectation of 953 million in a Reuters poll. Unit […]
Read moreTwo U.S. strategic bombers conducted drills over South Korea on Thursday, the U.S. Air Force said, raising tensions with North Korea just days before President Donald Trump visits the region seeking to shut down Pyongyang’s nuclear programme. News of the drills was first reported by North Korean state news agency KCNA on Friday, which said […]
Read moreCurrency, United States Finance
European stocks are expected to open higher Friday morning, as investors monitored a fresh batch of corporate earnings. Looking to the major bourses, the U.K.’s FTSE 100 is expected to open 14 points higher at 7,568, while the German DAX is set to start on a positive note, up 36 points at 13,475, and the […]
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