Weather New York, NY +48°F

Money Times

Minimum wage

14 US states will increase minimum wage in 2016

The majority of states in the United States including major cities will implement new minimum wage rate starting this year as workers continue to strike and demanding a better payment. Workers have been under pressure lately as the cost of living continues to increase yet their minimum wage remains the same.

Read Full Article
Pump jack

Oil slump hits $125-mn property debt in North Dakota

The continuous drop in oil price for the past 18 months may impact $125 million real estate-backed securitized loans in North Dakota. The oil drillers in North Dakota have reduced their activity in the wake of lower oil prices. The reduced activity in shale hubs is poised to dampen the property market in North Dakota.

Read Full Article
Sea port

South Korean exports drop for 12 months

Continuing 12-month falling streak, South Korea suffered drop in exports during December 2015 as well. The sluggish Chinese demand and weaker global outlook have impacted South Korea's exports in 2015. The drop in exports surpassed the forecast of economists.

Read Full Article
Computer user

China passes new controversial anti-terrorism law

The Chinese government just passed a new controversial anti-terrorism law as part of the country's effort to curb any threat either from the inside or outside of the country. According to the new law, the Chinese authority has the right to request for sensitive information from any technology firms in the country.

Read Full Article
Opium poppy

Afghanistan is Still The World's Largest Opium and Heroin Producer

Opium production has been one of Afghanistan source of economy. Since 1950's in the area known as Golden Crescent is a well-known opium and heroin production in the world.

Read Full Article
Chipotle Mexican Grill

Chipotle in Boston Reopen After Norovirus Outbreak

Chipotle reopen its Boston restaurant in Cleveland Circle on Christmas. After an outbreak of norovirus in its outlet earlier, the Mexican Grill would have to close its restaurant for inspection.

Read Full Article
Philipp von Sahr

Regulators penalized BMW $40M for slow mini car recall

BMW North America faces a penalty of up to $40 million by U.S. auto-safety regulators for recall failures. According to US News, U.S. safety regulators have fined penalty with German automaker BMW AG with $40 million for a reason of not fast fixation of their Mini brand cars that failed federal crash tests.

Read Full Article
Nikkei Stock Average

JPMorgan alerts Japan Inc to brace up for ¥100/USD

JPMorgan Chase & Co has alerted Japan Inc to gear up for the surge in Yen against the US dollar. JPMorgan Chase forecast Yen will reach 100 yen against a US dollar. However, it says the rally in currency may not sabotage the Japan industry.

Read Full Article
Wildfire

Budget legislation nearing approval for More Budget to fight Wildfires

Budget legislation closes in on an additional $610 million to fight wildfires in 2016, which still needs approval by the Congress. According to ABC News, the budget will be given to the US Forest Service, which spent $1.7 billion in extinguishing fires in 2015.

Read Full Article
Students

Ways to produce money in college with no job

For a college student, it is exceptionally hard to manage studies and a regular job simultaneously. But at the same time, the need for money also raises the stress level of a student who wants to be financially independent regarding their pocket money.

Read Full Article
Samsung

Samsung announces the new Galaxy A9 with 6 inch display

Samsung has announced the new high-end smartphone in the Galaxy A lineup, called the Galaxy A9. The new smartphone was announced this week in the Galaxy A Party event in China after its specifications and design were leaked for several times in the past few weeks.

Read Full Article
Credit Suisse

Credit Suisse gets nod for Irish branch

Credit Suisse has received regulatory approval for opening its new branch in Ireland. The Swiss bank is setting up a new branch in Dublin as part of its cost reduction exercise. Credit Suisse is restructuring its securities trading and prime brokerage operations. Credit Suisse is in the process of meeting capital requirements and improving shareholder returns.

Read Full Article
Pemex

Mexico's Pemex to slash down jobs in 2016

Mexico oil giant Petroleos Mexicanos (Pemex) is planning to trim its headcount in 2016. The State-run company has suffered a record loss, while its production is declining to 25-year low. Pemex has taken up a restructuring exercise to bring back profitability to the company.

Read Full Article
Hoverboard

The world’s first true hoverboard is now available to pre-order for $20K

An aerospace company Arca Space Corporation has unveiled a hoverboard than can actually fly. The hoverboard, called ArcaBoard, is a rectangle fan-powered board that can lift a person off the ground by almost a foot.

Read Full Article
BEATLES

The Beatles arrival on streaming service on Christmas eve will decline download rates

This Christmas eve of this year has come up with another good news for the music fans. The Beatles' catalogue will soon be arriving on streaming services.

Read Full Article
1 2 3 4 5 6 7 8 9 10  

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics