U.S. Consumer Confidence Unexpectedly Inches Higher In July

Consumer confidence in the U.S. saw a slight improvement from an upwardly revised level in the month of July, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index inched up to 129.1 in July from an upwardly revised 128.9 in June. Economists had expected the index to drop to 124.9 […]

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What does the future hold for Chinese companies listed in the US?

New Delhi (CNN Business)Tencent has announced new limits on the amount of time minors can spend playing the company’s online games, even as investors worry that China may extend its historic crackdown on the private sector to the gaming industry. Those fears were stoked Tuesday after Economic Information Daily — a business newspaper owned by Xinhua News Agency, which is […]

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Bitcoin price hovers around $38,600 in early Tuesday trading

Fox Business Flash top headlines for August 2 Check out what’s clicking on FoxBusiness.com. Bitcoin and Ethereum are both lower early Tuesday morning. Bitcoin was trading at $38,602 per coin while Ethereum was trading at nearly $2,500, Coindesk reported. Meanwhile, Dogecoin was at 19 cents and XPR was trading at 71 cents, the report said. MAYOR SUAREZ ON MIAMICOIN LAUNCH, […]

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Pompeo hits Biden on China: Weakness creates risk making enemy think 'they can walk all over you'

Mike Pompeo speaks about holding China accountable Former Secretary of State weighs in on the origins of COVID-19 and the Biden Administration’s foreign relations on ‘Hannity’ Former Secretary of State Mike Pompeo joined “Hannity” Monday to hit President Biden’s “weak” Chinese policy and the risk that comes with not being able to stand up to America’s adversaries.  MIKE POMPEO: Yes. […]

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BMW Warns On H2 Despite Strong Q2 Results; Stock Down

Shares of BMW Group were losing around 5 percent in German trading after the luxury automaker warned Tuesday that its second half-year is likely to be more volatile, affected by supply bottlenecks, high prices for raw materials and a shortage of semiconductors. This was despite reporting strong second-quarter results driven by solid demand. The company expects production restrictions to continue […]

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IMD may deploy cutting-edge tech to forecast weather accurately

IMD has decided to increasingly use cutting-edge technology such as artificial intelligence and machine learning in forecasting. A few days ago, farmers from some 150 villages gathered at a square in the Ujjain district of Madhya Pradesh and burnt the effigy of the India Meteorological Department (IMD), the country’s foremost weather forecasting agency. Reason? They alleged that their standing crop […]

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‘Jet Airways is being revived, but its employees have no future’

‘The actual amount due to Jet Airways employees is Rs 1,200 crore, and the management is giving only Rs 52 crore.’ Jet Airways staff has sought Civil Aviation Minister Jyotiraditya Scindia’s intervention in addressing their issues vis-a-vis the resolution plan of the Kalrock Capital-Murari Lal Jalan consortium, the new owner of the defunct airline, which they say has denied them […]

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Nina Turner Leans Into Establishment Criticism: ‘I Want Them To Be Uncomfortable’

INDEPENDENCE, Ohio ― After more than eight months of campaigning, former Ohio state Sen. Nina Turner (D) is tired of worrying about what her establishment detractors think. Speaking to an audience of progressive clergy members on Monday, Turner imitated the politicians and pundits who keep telling her to tone it down. “‘Senator, don’t say this. Senator, don’t say that.’ Dammit […]

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