Putin Defends Massive Cut in US Diplomatic Staff in Russia

Russian President Vladimir Putin is defending his massive cut in the size of the U.S. diplomatic mission in Russia, saying it had waited long enough for relations with Washington to improve. Putin said he had hoped “the situation would perhaps change for the better. But it seems that even if the situation is changing, it is… Please follow and like us:

Read More

After Paying $1 Billion In Interest, IS SNB Going To Shock?

Swiss banks paid nearly $1 billion in negative interest rate fees in 2017, a recent Reuters report notes, pointing to wealthy bank clients largely storing their cash on the sidelines and, thanks to negative interest rates, paying for the pleasure. In fact, the cash levels rival that seen in the wake of the 2008 financial crisis.… Please follow and like us:

Read More

Investors chase commodity stocks

Small tech shares out of favor due to fear of tighter regulation, high PE ratio and hopes of rise in IPOs A rise in IPOs, expectations of stricter policy and high PE ratio are likely to hurt stocks of small technology companies as both retail and institutional investors in the equity market are increasingly favoring shares… Please follow and like us:

Read More

Discovery to acquire Scripps Networks in $11.9 billion deal

LOS ANGELES — Discovery Communications and Scripps Networks Interactive have reached an $11.9 billion deal to combine, a move aimed at creating a bulwark to withstand the challenges facing the television industry. Discovery plans to acquire Scripps — the owner of HGTV, Food Network and the Travel Channel — in a cash-and-stock transaction that was announced… Please follow and like us:

Read More

EDITORIAL: It’s still the economy, Stupid

Donald Trump has shown a remarkable ability to survive snubs, slights and spirited assaults almost from the day he threw his hat in the ring, more than a year ago, and he seems to relish testing the depths of the loyalty of conservatives. His remarkable twitter campaign against Attorney General Jeff Sessions, a particular favorite of… Please follow and like us:

Read More

Robots ‘Will Replace Humans on the Battlefield’

The role of humans on the battlefield will be replaced by high-tech robotic killing machines, a U.S. military chief has said. Speaking at the third annual “Mad Scientist” conference recently at Georgetown University, Lieutant General Sean B. MacFarland said the nature of warfare would be transformed by killer robots and artificial intelligence. “We’re standing on the… Please follow and like us:

Read More

Five advanced Google Chrome hacks to level up your browsing

Search harder, better, faster. Do more with Google Chrome. Google Since this clean, bare-bones browser first saw the light of day in 2008, Google Chrome has steadily grown in popularity. Today, it enjoys the largest share of the browser market. In the process, it has developed significantly, from a simple Windows-only platform to an all-purpose application… Please follow and like us:

Read More

Legislative Logjam Threatens Early Economic Momentum for Trump

Despite sluggish legislative progress on big-ticket agenda items, new numbers suggest the Trump administration has continued to inject confidence into the U.S. economy. The U.S. economy grew at a rate of 2.6 percent from April 1 to June 30, according to the federal government. President Donald Trump wants economic growth of at least 3 percent to… Please follow and like us:

Read More

Why crowds aren’t always wise: Lessons from mini-flash crashes on Wall Street

By Alexander Munk, Ph.D. Candidate in Mathetmatics, University of Michigan and Erhan Bayraktar, Professor of Mathematics, University of Michigan. Blink. About 300 milliseconds just passed, the same time required for a lightning bolt to travel 100,000 feet, a satellite to fly two miles or a stock price to swing from US$10 to $0.0001 and back. Wait,… Please follow and like us:

Read More

Steve Bannon Pushing For Tech Companies To Be Regulated As Utilities

White House adviser Steve Bannon has reportedly made a push for technology companies like Facebook and Google to be regulated as utilities, the Intercept reported. Under Bannon’s plan, tech companies that reach a monopoly-like status in their field—Facebook as a social network or Google as a search engine—would be viewed like other natural monopolies like water,… Please follow and like us:

Read More

The best Twitter tricks and add-ons

Tweet like a pro. There’s more to Twitter than meets the eye. Freestocks.org/Unsplash.com Since 2006, Twitter has been breaking major news, connecting celebrities directly to their fans, and creating all kinds of memes from the hilarious to the downright bizarre. Whether you use the service or not, Twitter has played a huge role in internet culture… Please follow and like us:

Read More

Experts say Foxconn pledge on US jobs hard to implement

Doubts have increased whether Asian tech giant Foxconn can fill the 13,000 new jobs it needs to start the $10 billion new plant it has pledged to build in the US state of Wisconsin. “They’re not going to get (the incentives) if they don’t provide the jobs and don’t provide the capital investment,” Wisconsin Governor Scott… Please follow and like us:

Read More

Media wars: 34% of Americans approve court-ordered fines for biased or inaccurate news stories

A majority of Americans – 51 percent – now disapprove of the news media’s treatment of President Trump, a sentiment shared by 77 percent of Republicans and even 26 percent of Democrats. Another 53 percent don’t like the way Mr. Trump deals with the media as well; 23 percent of the GOPers and 79 percent of… Please follow and like us:

Read More

Tesla’s Model 3 rolls down the red carpet as new details revealed

FREMONT, Calif. — The Tesla Model 3 — fast, electric and available in the dreams and budgets of more common car owners — left the Fremont factory lot for the California streets Friday evening. CEO Elon Musk drove on stage in a red Model 3 and handed over 30 new electric vehicles to employees at a… Please follow and like us:

Read More

Economic growth rebounded to 2.6 percent annual rate in second quarter

WASHINGTON — The U.S. economy rebounded this spring after a weak winter, expanding at a solid 2.6 percent annual rate as consumers picked up their spending pace, the Commerce Department said Friday. Total economic output, also known as gross domestic product, for the April-through-June period was in line with analyst expectations for a bounce-back based in… Please follow and like us:

Read More