MoneyTimes

Three crisp sentences that best summarize the current market condition

Global markets these days have become more and more unpredictable with the US and Chinese stocks' consistent historical upswings and plunges in the past few months. To make things worse, the oil price has hit a six and a half year low. The condition can finally be compared to the days right after the 9/11 attacks.

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Starting salaries for US workers to surge in 2016 - studies

Recent prediction reveals that starting salaries of professional roles could have a 4.1% increase next year. The 2016 Salary Guides from Robert Half shows that among the five fields tracked the expected salary for professional roles could increase on average by that rate in 2016, with the technology sector to gain higher pay grades in its 5.3% expected increase base pay.

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Spain’s reform efforts praised, but many Spanish disagree

The economic development of Spain is proving that the euro zone was tackling its crisis well, according to the German Finance Minister Wolfgang Schaeuble on Tuesday. "Spain is the best example that we've done a lot of things quite right in Europe," Schaeuble said at a business conference in Berlin, adding that he was optimistic about Spain's future development as long as Madrid stuck to its reform policies.

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All-New Kia Sportage is bold, progressive - a cutting edge

The new 2016 Kia Sportage SUV is "bold" with a progressive style that lets it stay out in the leading edge of the industry. Kia is determined to stay in front of everyone else when it comes to progressive style with its unveiling of the new Sportage. The sports utility vehicle will be introduced at the Frankfurt Motor Show next week.

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Led by US, foreign investors hold 54% of UK stock market

The holdings by rest of the world in UK stock market in 2014 stood at 54 percent and this remains at the same level of that in 2012. However, there's much increase in foreign investors' holding when compared with 31 percent in 1998.

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Newscred to go beyond content marketing with new $42M fund

Newscred announced that it had successfully raised $42 million in additional funds. The company was established in 2008, which acted as a system for readers to rate an online story or publication's credibility.

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Third Generation Nest Learning Thermostat comes with better WiFi connectivity; slimmer design, bigger display

Google announced that the third generation Learning Thermostat has recently updated its looks and features although it retains some characteristics from its first and second generation thermostats, such as automatically turning itself on when you get home.

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McDonalds McMuffins will be available all day long starting October 6

Starting October 6, McDonalds will start serving breakfast the whole day on all their US branches. On Tuesday, all restaurant operators have given their votes to make the move.

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Florida County okays incentives to space firm Blue Origin

As part of its objective to promote industrial and business activity, Florida County has offered incentives to Blue Origin to make and launch rockets near NASA's Kennedy Space Center. Blue Origin has been promoted by billionaire Jeff Bezos, founder and Chief Executive of Amazon.com. The space center is coming up in Brevard County.

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Undisclosed paid advocacy made Wikipedia ban 'black hat' accounts

Wikipedia once again began cracking down on both editors and contributors who are violating its guidelines. The editors of the site banned 381 accounts for charging or accepting money for their contributions, without the disclosure of information, which Wikipedia calls "undisclosed paid advocacy."

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BNY Mellon worked overtime to fix pricing glitch, now back to normal

After suffering an excruciating computer glitch that caused pricing problems, Bank of New York Mellon Corp's calculating system seem to be back to normal now.

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CBS allows livestreaming of NFL Games in portable devices

CBS Sports announced a new feature that allows viewers to watch live NFL games on its portable device, which indicates that it is trying to enter the fast-growing internet market.

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US construction spending at 7-year high

The US construction sector recorded an encouraging spending of $1.08 trillion, a 0.7 percent monthly growth, indicating a seven-year high. The July data from the US Commerce Department has not only boosted the market sentiment but also gave an indication of robust economic activity in the third quarter.

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China shares recover early losses, other Asian markets up

Chinese stocks recovered from sharp losses after a roller-coaster ride Wednesday. The benchmark Shanghai Composite Index had dropped 4%, before settling at 3,160.17, 0.2% down from the previous close.

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Samsung and Springer: New partners in mobile media

A new joint venture had been announced Tuesday between Bild tabloid publisher Axel Springer and Korean electronics group Samsung, for mobile media including news.

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