Stories about Money

May 18 2017

U.S. households owe record amount, topping pre-recession peak

The quarterly increase brought household debt above its 2008 peak and was driven by increases in almost every debt category. On student debt, the percentage of student ...

May 18 2017

Chelsea's Premier League title triumph in numbers

However, when asked whether he expected to stay at Chelsea, the 25-year-old said: 'Yes, of course. Michy Batshuayi could get his first Premier League start against Wa...

May 18 2017

Global ransomware attack is similar to North Korean-orchestrated hacks, expert says

The North is internationally suspected of having committed the ransomware attack as it is believed to have associated with Lazarus Group, which is also suspected of hac...

May 18 2017

VW CEO investigated for market manipulation

The criminal investigation, announced today, is based on a complaint from the Federal Financial Supervisory Authority, or BaFin, Germany's equivalent of the U.S. Mr Muell...

May 18 2017

BHP CEO Said to Plan Meeting With Elliott After New Oil Demand

The statement is part of a public campaign launched by Elliott in April, urging the miner to spin off its USA petroleum business for listing in NY and to return more cash...

May 18 2017

Australian tax official charged in $123 million fraud probe

The younger man was arrested yesterday at his Bondi home. His son, Adam Cranston, 30, and his daughter, Picton's Lauren Anne Cranston, 24, have also been charged follow...

May 18 2017

Intel-sharing at heart of US, Europe talks on flight laptop ban

It came from Alexandre de Juniac, director general and CEO of the International Air Transport Association (IATA), and was sent to U.S. Department of Homeland Security Sec...

May 18 2017

US extends Iran nuke sanctions relief, adds other sanctions

The US continues to "closely scrutinize" Iran's commitment to the Obama-era nuclear deal and the Trump administration is still developing a "comprehensive" Iran policy,...

May 18 2017

(APC) Stock Rating Reaffirmed by Bank of America Corp

Finally, Assetmark Inc. raised its stake in Anadarko Petroleum by 10.7% in the first quarter. Market capitalization is the total market value of all of a company's outs...

May 18 2017

Snap CEO Evan Spiegel unperturbed by Facebook's copy-paste tactics

Shares tumbled 23% in after-hours trading to wipe some $6 billion from Snap's market value, a reversal for the company after a red-hot March initial public offering that ...

May 18 2017

ICJ verdict will come in India's favour: Centre

India, who argues over the death penatly awarded to an Indian national and former Navy official, Jadhav. The two neighbours last had a face-off at the ICJ 18 years ago wh...

May 18 2017

Surprise tax increases in 2017 Australian budget

Numerous commentators described it as a "Labor Budget" because it had shown a surprising willingness to increase taxes and to boost spending on areas such as schools and ...

May 18 2017

US Non-farm Payrolls Increase by 211000 in April

The figure for March will be revised on Friday. Breaking down the results by ethnicity, the BLS says the unemployment rate for black workers has dipped below 8 percent,...

May 18 2017

Ford cutting jobs to jump start stalled stock

Since Mark Fields assumed the role of CEO in July, 2014, shares have declined almost 40 percent, despite record profits over the last few years. Fields has been pouring b...

May 18 2017

Trusts were told about security patch last month — NHS cyberattack

For some businesses, updating your operating system can break more things than it fixes, because some update-averse business-critical software relying on certain versions...

May 18 2017

US Treasury chief: trade partners like Trump policies

Mr Mnuchin presented a more conciliatory picture of discussions at the Bari meetings, citing the US's new trade deal with China and its willingness to commit to the North...

May 18 2017

China's Xi says Belt and Road needs to reject protectionism

As relevant information, about 68 countries and worldwide organizations have signed cooperation agreements with China under the Initiative. He added: "We have every rea...

May 18 2017

White House knew sacked adviser was under investigation

Trump's weird loyalty to Flynn has been a recurring theme in a number of scandals - most recently former FBI Director James Comey's claim that Trump urged him shut down ...

May 18 2017

Clark, Horgan, Weaver all say they're willing to work with other parties

A vertigo-inducing election night produced what looks to be a minority government for the Liberals, although that could change. "Everything is give and take, BC Greens ...

May 18 2017

Senate intelligence committee subpoenas Michael Flynn

The committee announced it was issuing the subpoena after Flynn declined a voluntary request for cooperation. Flynn attorney Robert Kelner declined to comment on the ne...