There may be a big drop in unemployment rate, but U.S. still fails to calm markets with the big possibility that the Federal Reserve will increase interest rates. According to Telegraph UK, U.S. unemployment rate dropped to a seven-year-low last month. According to data from the US Labor Department, unemployment rate went down 5.1pc in August, the lowest it has been since April 2008. This is also a level that the Fed considers to indicate "full employment."
MoneyTimes
When stock markets tumble, bonds gain momentum and vice versa. But, this time it's a different picture. Contrary to market expectations, bonds market couldn't pick up when equities across the global market dropped in August.
There are different factors than can lead to the significant growth of Las Vegas Sands' Macau Hotel Operations, including the higher demand for gaming in the next 10 years.
Don't put all eggs in one basket - this is basic investment principle in portfolio diversification. But keeping eggs in so many baskets will also not give the desired results, alert analysts.
T-Mobile has recently announced that video calls will be a built-in feature on selected T-Mobile smartphones. T-Mobile confirmed that it will roll out the exciting feature to the Samsung Galaxy S6 Edge+ and the Samsung Galaxy Note5 starting now, while the Galaxy S6 and Galaxy S6 Edge will have to wait until next week.
Apple once again proved to be the leader in the getting the highest sales for smartphones in the U.S. market. comScore, a digital media analytics, reported that Apple's iPhone continue to leave its competitors behind having a 44.2% of all American smartphone users with an increase of 1.1% from 43.1% it held in April of this year.
The encouraging rise in revenues and further growth potential have helped industrial equipment hire group Ashtead to top the FTSE-100 stocks in terms of price rise in the market.
Commodities such as oil is slowly declining following the Black Monday selling pressure on 24th August raising concern among investors regarding current world economics. China stock took a plunge and Dow Jones Industrial average hit its lowest value for 2015 on that day.
The International Monetary Fund raises concern about the potential fallout of a US rate hike this year. The fund says raising interest rates at this time puts the already fragile global economy at risk. "Monetary policy must stay accommodative to prevent real interest rates from rising prematurely," the IMF said Wednesday in a letter to top central bankers and finance ministers meeting in Turkey this week.
Ex-Sony Pictures Entertainment employees filed a proposed class action lawsuit on Wednesday regarding the breach of records with the entertainment company in U.S. District Court in Los Angeles.
Grace period is the time given by the government and other agencies to the student before any loan repayment needs to be done. This period was given purposely to help all students to settle down on and being financially stable before they make another commitment. During this grace period, students need to plan well on how they can tackle the debt as it will help the student to still be financially stable when they start paying the debt.
Today, Google announced at its San Francisco office a new feature for their Google Classroom - a Chrome extension. The new feature will allow teachers to share website with their student eliminating the need for teachers to pass the URL to students for them to click on.
After the restructuring announcement made by Google earlier this month to introduce Alphabet, Google today unveils their new logo to the world. Still keeping their old word mark type of logo, Google's new logo feature a softer color tone and is made of sans-serif typeface.
Make way for the arrival of Huawei Watch on September 17 at Best Buy, GetHuawei.com, Amazon and Google Store in the U.S. The price starts at $349, and pre-orders begin September 2.
HANA Vora software, the just-launched database query tool from SAP AG, has been developed to enable users to make a sense of a deluge of real-world data emerging from several transactions including retailing, transport systems, social media, online transactions, etc.
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