Category Archives: Headline

Airbnb CEO pledges to take more responsibility for impact to housing

SAN FRANCISCO  – Home-booking company Airbnb has sparred with regulators across the globe, but Chief Executive Brian Chesky on Thursday spoke of coming to terms with his responsibility for how the company can impact housing markets and neighborhoods. “Every year

Asia shares rebound as fidgety U.S. rate fears shift again

SYDNEY (Wallstreetnews) – Asian shares rebounded on Friday as comments from a Federal Reserve official eased worries about faster rate rises in the United States, while the dollar ticked higher as investors dipped their toes back into riskier assets. Indications

A massive US farming industry fears China trade trouble

One of America’s biggest farming industries fears it could find itself in China’s cross hairs if President Trump keeps ramping up trade tensions between the world’s two largest economies. China is the world’s biggest buyer of US soybeans. It imported

Is now the time to invest in South Africa?

South African President Cyril Ramaphosa says his country is entering “a new era” following the ouster of his scandal-plagued predecessor, Jacob Zuma. Investors appear to agree. The country’s benchmark stock index has surged 5% since Zuma stepped down late Wednesday.

Trump administration recommends steep tariffs on steel and aluminum

The Commerce Department is recommending steep tariffs on foreign steel and aluminum. The suggested tariffs, offered by Commerce Secretary Wilbur Ross in the name of national security, are the latest indication that President Trump’s trade talk is turning from bark

UK and US blame Russia for ‘malicious’ NotPetya cyber-attack

The Russian military was directly behind a “malicious” cyber-attack on Ukraine that spread globally last year, the US and Britain have said. The White House said June’s NotPetya ransomware attack caused billions of dollars in damage across Europe, Asia, and

Dow climbs 253 points as stocks rise for 4th straight day

Stocks rose for the fourth day in a row. The Dow climbed 253 points Wednesday, and it’s back in positive territory for the year. Investors shrugged off warning signs about inflation. The Labor Department reported consumer prices rose 2.1% over

Apple’s guidance for this quarter could be really bad, BTIG analyst says

  Apple will give a forecast for this current quarter that may be shockingly low, according to a BTIG analyst Walter Piecyk. “Smartphone upgrade rates remain at record low levels and do not appear poised to rebound in the first

Can the US rejoin TPP? Yes — with permission

Withdrawing from the 12-nation Trans-Pacific Partnership was one of President Donald Trump’s first moves in office. The deal had been cast aside by Congress and had been, politically, left for dead. In an interview with CNBC in Davos on Thursday, Trump

Four triggers could cause a huge cryptocurrency crash

        If it’s true that the bigger they are, the harder they fall, then cryptocurrencies have been gearing up for a tremendous decline. But, then again, maybe this is just the start for the great crypto bull