Economy

Federal Reserve: US Banks Passed Stress Test

The tests have become less dramatic in recent years with fewer quantitative failures. Passing the stress test does not necessarily mean a lender will pass the C...


Runaway bus rolls backwards, slams into Brooklyn church

The bus rolled backward an entire city block, hitting 10 cars including one vehicle where a man was changing his tire. The man who was changing his tire was i...


Almost 200 million USA voters exposed by leaky Amazon database

The data contained a treasure trove of personally identifiable information (PII) on voters including birthdays, phone numbers , and home addresses . Data sec...


Oil settles up before API reports surprise USA crude build

A day after OPEC complained that increased output in the U.S. was slowing efforts to rebalance supply and demand in the oil market, the IEA also suggested t...


Kane rescues draw for England against Scotland in qualifying

Southgate's men were staring down the barrel of their first defeat in 2018 World Cup qualifying after Leigh Griffiths' pair of late free-kicks had cancelled out...


Oil slides as USA climate withdrawal compounds glut concerns

US West Texas Intermediate futures were at $47.90 a barrel, up 24 cents, or 0.5 per cent. Brent for August settlement dropped as much as 90 cents, or 1.8 perc...


Unemployment rate drops to 4.3% in May

Employers are now choosing from among a smaller pool of job applicants, and some are having trouble finding people with the skills they need. As more people s...


Penguins look to maintain identity in Game 3

If the Penguins want to win this series, their power play has to improve. Then it's way too much. The Penguins beat Rinne four times on just 11 shots in Game...


What Would the Paris Climate Deal Look Like Without the United States?

But he added that its implementation will not be as effective "without the key signatories". Mr Trump , who in a November 2012 tweet dismissed climate chang...


China's stocks, Yuan erase losses triggered by Moody's downgrade

Hong Kong on Thursday hit back at a decision by Moody's to cut its credit rating on the city, which the agency said was becoming increasingly close to mainland ...


Tyrrells 'surprised' at Schapelle Corby's bag

They then entered a black auto waiting outside which was surrounded by police and the media as it drove out the narrow ally that leads to the residence. "We app...


Montana special election: GOP's Greg Gianforte builds lead in early returns

Despite the rebuke from Montana's media, Montana voters received robocalls from Trump and Vice President Mike Pence urging voters to back Gianforte . She add...


Branstad confirmed as ambassador to China

Importantly, Governor Branstad also knows China and its leaders well. Branstad noted that he and Xi have been friends since their first meeting in April of 19...


OPEC crude production rises in April - IEA

The main reason why oil prices remain low is that supply outstrips demand. The world's oil stockpiles increased only slightly in the first quarter and are set...


Westpac has worked out how much the bank levy will cost shareholders

Westpac expects to take a $260 million annual cost hit as a result of the government's bank levy, the lender told investors on Monday. No company can simply "a...


Aussie coach sees highs and lows in sevens campaign

Two new caps have been named in the All Blacks Sevens team for the final tournament in the rugby sevens world series in London this weekend. The last quarte...


U.S. ambassador David Friedman arrives in Israel

Israeli officials reacted angrily to recent reports in local media that representatives of the U.S. consulate had suggested the Western Wall in occupied East ...


Jeffco board unanimously approves three-year contract for new superintendent

PHOENIXVILLE Despite some school officials saying they thought there was still some work to do, it appears property owners in the Phoenixville Area School Distr...


Disney's unreleased film claimed to be held for ransom by hackers

While the affected movie hasn't been announced, Disney's upcoming big-budget films include "Pirates of the Caribbean: Dead Men Tell No Tales" and " Cars 3 ". ...


Elon Musk posts video of 'electric sled' for tunnel travel

After months of social media musing on tunneling to escape traffic congestion in metropolitan Los Angeles, Musk is moving ahead with test boring in a Hawthorn...


Puerto Rico Moves Toward Record-Breaking Bankruptcy

The signs read in Spanish, left, "Respect our dignified coexistence or expect resistance", and "For my children, for my grandchildren, I protest". Economist G...


Rajnath Singh calls for 'SAMADHAN' strategy to battle naxalism

He also told reporters: "The whole country is agitated over the martyrdom of 25 CRPF [Central Reserve Police Force] personnel in Sukma". "Today we need to con...


China's exports remain resilient as global demand recover

While China's economy grew faster than expected in the first quarter, policymakers have moved to reduce financial risks in the economy and stamp out speculative...


Tyson Fury: I'll beat Joshua with one arm tied behind my back

Eddie Hearn, Joshua's promoter, then downplayed any suggestion that the bout would take place any time soon. Among the final words came from a surprise source...


Narendra Modi is India's brand ambassador, not Patanjali's: Ramdev

Their sales, claim Ramdev, stood at Rs 1,467 crore, Rs 940 crore, Rs 825 core and Rs 574 crore , respectively, in the last fiscal. "Dankanti has now 14 perce...