• Trump to nominate Fed critic Stephen Moore to the Fed
Trump to nominate Fed critic Stephen Moore to the Fed

Nominees for the job are subject to Senate confirmation. America's secretive central bank - announced it had no plans to raise interest rates during 2019 (and would probably hike rates just once in 2020). Moore has often embraced a confrontational tone in his commentary on the Fed . Trump picked Moore after speaking with him to compliment him ...

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  • Mega Millions numbers: Did you win Friday's $50 million lottery jackpot?
Mega Millions numbers: Did you win Friday's $50 million lottery jackpot?

If there is no jackpot victor, the amount grows larger for the next drawing. The jackpot on Saturday would be the seventh-largest in USA history, with an estimated lump sum payout of $380.6 million before taxes. Choose five numbers between 1 an 69, and one Powerball number between 1 and 26. Wisconsin residents have won $50,000 prizes in each...

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  • Venezuela’s falling oil supply is a major ‘challenge’ to global energy markets
Venezuela’s falling oil supply is a major ‘challenge’ to global energy markets

Along with this, the cuts in pumping implemented by the Organization of Petroleum Exporting Countries (OPEC) and some large producers outside that group, as well as the increase in the crude extraction in the United States , influenced the prices of the so-called black gold.

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  • RCom scraps telecom asset sale to Reliance Jio
RCom scraps telecom asset sale to Reliance Jio

RCom owes a total ₹5.71 billion to Ericsson , including a one-time settlement of ₹5.5 billion and interest payments of ₹210 million. A spokesman for the Anil Ambani group didn't respond to an email seeking comments on plans to pay the Ericsson dues.

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  • Tesla Model Y starts at $47K in late 2020
Tesla Model Y starts at $47K in late 2020

Luckily for Tesla , many of its customers are also investors and surely they will appreciate the firm's apparent new commitment to boring but achievable profit-boosting. Tesla expects the higher-end versions to ship in fall 2020. It'll sticker for $52,200. Model Y is compatible with the current Supercharger network of more than 12,000 Supercharge...

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  • Facebook recovering from global outage
Facebook recovering from global outage

The cause for Facebook , Instagram , and Oculus's long (and probably costly) goof? The social network has since addressed the issue and pinpointed the cause of it. Some media outlets branded the outage as the biggest in Facebook's history. "We've now resolved the issues and our systems are recovering", the company said in a tweet .

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  • Tesla to raise prices, backtracks on closing most stores
Tesla to raise prices, backtracks on closing most stores

But in an update the company said that over the past two weeks it had been "closely evaluating every single Tesla retail location" and had " decided to keep significantly more stores open than previously announced ". Although Tesla said it would concentrate on making up volume in Europe and China, neither of those markets appear able to tak...

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  • Massachusetts Adds 11400 Jobs in January
Massachusetts Adds 11400 Jobs in January

Home sales fell last year and price gains are slowing after the average rate on a 30-year mortgage reached almost 5 percent last year. "I think the big news really was that wages went up and that's great for the American worker". The prime-age (25-54) labor force participation rate is still up 0.4 points over the past year, which has helped to arre...

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  • New Tesla Supercharger can give 1000 miles of charge per hour
New Tesla Supercharger can give 1000 miles of charge per hour

That's not all, Tesla , in a bid to further decrease the average time spent on charging station, will release a software update with "On-Route Battery Warmup" feature to its cars. Tesla says that only the Model 3 will be updated to support the maximum charge rate of 250 kW, at least for now. However, it will take a while for V3 to come online: ...

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  • Rise in China's defense budget to outpace economic growth target
Rise in China's defense budget to outpace economic growth target

China's 7.5-percent increase in its annual defense budget in 2019, meanwhile, is faster than the pace of economic growth . Deficit target has been raised to 2.8 per cent of gross domestic product from 2.6 per cent in 2018, providing more fiscal leeway for government spending.

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  • Philip Hammond urges colleagues to 'think carefully' on Brexit deal
Philip Hammond urges colleagues to 'think carefully' on Brexit deal

The European Commission said on Wednesday that "no solution has been identified" to the Irish backstop and it has refused to rewrite the withdrawal deal already struck, which is created to ensure an orderly Brexit on 29 March and pave the way for trade talks.

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  • Mystery Surrounds Grisly Discovery of Sydney Woman in Suitcase
Mystery Surrounds Grisly Discovery of Sydney Woman in Suitcase

Investigators found Dr Reddy dead in her own vehicle on Strachan Lane in Kingsford east of the city about 11.30pm on Tuesday. Police have found the body of a missing woman found stuffed in a suitcase in the back of a auto in Sydney's south-west, following a public appeal.

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  • Joe Lieberman to Ocasio-Cortez: 'You Can't Respond to Every Problem Ideologically'
Joe Lieberman to Ocasio-Cortez: 'You Can't Respond to Every Problem Ideologically'

She also denied that the Federal Election complaint, filed against her and her chief of staff, connected her to "dark money" in her campaign. According to a report by the Washington Examiner , Chakrabarti oversaw more than $1 million in political donations being funneled into his private businesses.

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  • Huawei sues USA government over equipment ban
Huawei sues USA government over equipment ban

Guo said the U.S. government had "mislead the American public" regarding Huawei and "never presented evidence" regarding its allegations against the company. "It is an abuse of the United States lawmaking process, this strips Huawei of its due process ... and goes against the very nature of the Constitution", Guo said.

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  • Bugatti unveils world's most expensive new vehicle
Bugatti unveils world's most expensive new vehicle

Bugatti is not reviving the Atlantic, but it did lean on that design to create a wild one-off. This one is special since it is based on the mechanical of the Chiron but is a one-off made for an unnamed customer. In Geneva, Bugatti is also showcasing its heritage with the Chiron Sport "110 ans", or 110 years. For the first half of the 20th cen...

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  • U.S. to end preferential trade status for India, Turkey
U.S. to end preferential trade status for India, Turkey

Hours after the United States announced its intention to "terminate" New Delhi's designation as a beneficiary of its Generalised System of Preferences (GSP ), Commerce Secretary Anup Wadhawan said India does not plan to impose retaliatory tariffs on the USA goods.

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  • Gov. Andrew Cuomo wants Amazon to reconsider abandoning project
Gov. Andrew Cuomo wants Amazon to reconsider abandoning project

Citing anonymous sources, the New York Times also reported that Andrew Cuomo , the governor of New York , has also urged Jeff Bezos , the boss of Amazon, to try to change his mind. "We consider it part of the NY charm!" the letter reads. Amazon has given no indications that it has been reconsidering its NY decision since its shock decision.

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  • Lyft tries to differentiate itself from Uber in its IPO pitch
Lyft tries to differentiate itself from Uber in its IPO pitch

Ride-sharing company Lyft filed paperwork for an initial public offering ( IPO ) on Friday, putting it on the path to becoming the first US ride-hailing company to list on the stock market . The IPO is likely to take place by the end of March. Both Lyft and Uber filed confidentially for an IPO with the U.S. Securities and Exchange Commission i...

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  • Mixed Feelings Arise as Trump Delays Tariff Increase on Chinese Goods
Mixed Feelings Arise as Trump Delays Tariff Increase on Chinese Goods

That is why President Trump should use the imminent trade deal with China to, as much as possible, take the Green New Deal off the table by pushing Beijing to meet up with USA environmental regulations, eliminating China's regulatory cost advantage and defining it as a non-tariff barrier to trade under the new agreement.

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  • $35,000 Tesla Model 3,
$35,000 Tesla Model 3, "Full Self-Driving" returns, BMW-Mercedes auto sharing

A new model with a different interior and slightly more range, the company said, is also available, for $2,000 more. When Gary Bornstein spent $52,000 for a Tesla Model 3 last summer, he did it without taking a test drive or even seeing the auto that he now owns.

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  • Victoria’s Secret to close 53 stores
Victoria’s Secret to close 53 stores

Although a change in strategy appears necessary for the survival of Victoria's Secret, which has stuck to the same marketing strategy for decades, it may not sit well with consumers. L Brand's net sales rose to $4.85 billion for the quarter ended Feb.3, compared to $4.82 billion in the year-ago period. The chain has about 1,100 stores in the U.S.

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  • Pakistan claims shooting down 2 Indian fighter jets
Pakistan claims shooting down 2 Indian fighter jets

The Jaish-e-Mohammad (JeM) jihadi group claimed responsibility for the February 14 attack, but India has accused Pakistan of being complicit, and tensions have been escalating ever since. Video showing the pilot - blindfolded and with blood on his face - was shared by Pakistan's information ministry. "We are ascertaining the facts", Raveesh Kum...

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  • US business insiders welcome progress on US-China trade talks
US business insiders welcome progress on US-China trade talks

But as the March 1 deadline drew closer, Trump appeared increasingly eager to make a deal, saying on several occasions that he might extend the deadline, causing concerns among trade watchers that he was eroding Lighthizer's leverage in the talks.

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  • Good Samaritan spends $540 to buy a freezing Girl Scout troop's cookies
Good Samaritan spends $540 to buy a freezing Girl Scout troop's cookies

In all, McGowan and others hit in the indictment stand charged with conspiracy to import, possess, and distribute heroin, cocaine, and fentanyl and attempting to smuggle over a $1 million out of the United States. Kayla Dillard , who manages the cookie sales for the troop her daughter is involved in, posted a photo of a nice guy, and obvious love...

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  • LA-bound train passengers stranded for 36 hours in snow in Oregon
LA-bound train passengers stranded for 36 hours in snow in Oregon

Almost 200 people aboard an Amtrak train now have everyone else beat when it comes to tales about travel nightmares. Train 11, which operates daily between Seattle and Los Angeles, struck the fallen tree around 6:18 p.m. By Tuesday morning, at least a foot had accumulated, the weather service said. She said: "It's just been like a giant kumbay...

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  • Asia shares rise on U.S.-China trade deal optimism, Aussie tumbles
Asia shares rise on U.S.-China trade deal optimism, Aussie tumbles

They've singled out only Australian coal. "But the markets there already have a lot of suppliers, and China is, geographically, much more on our doorstep". "It doesn't stand to reason you just ban one country's coal", said one Australian fund manager, who did not want to be named because the export restrictions were politically sensitive in China.

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  • Venezuela ‘Live Aid’ Concert Blocked As Tensions Rise On Colombia Border
Venezuela ‘Live Aid’ Concert Blocked As Tensions Rise On Colombia Border

Meanwhile, President Nicolas Maduro announced Saturday he was severing diplomatic ties with Venezuela's neighbor Colombia after it backed his rival Juan Guaido in his attempts to bring humanitarian aid into the country. "It won't be for me", she said. "But still, these soldiers are scary". Medics near the bridge were treating dozens of people...

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  • Oil hovers near 2019 highs amid OPEC cuts
Oil hovers near 2019 highs amid OPEC cuts

Brent gained 1.2 percent on the week. -China trade deal was beginning to emerge from talks between the two countries, sources told Reuters on Thursday. Still, tightening supply globally helped keep losses at bay. In fact, the crude oil price was also boosted by United States sanction on OPEC members such as Venezuela and Iran , alongside ...

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  • Brexit blow? Honda to shut only European plant in UK
Brexit blow? Honda to shut only European plant in UK

It comes after Nissan opted to move production of its new X-Trail model from Sunderland to Japan instead, citing industry headwinds. The vehicle manufacturer announced on Tuesday morning the closure of the Swindon factory will see 3,500 job losses when the factory closes in 2021.

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  • China trade teams far apart on reform demands
China trade teams far apart on reform demands

The hurdles raise questions about whether negotiators can meet Trump's criteria for pushing back the March 1 deadline for more than doubling tariffs on $200 billion of Chinese goods. Beijing has offered to massively ramp up its purchases from the U.S. over the next six years to even the scales. Chinese leaders have offered to narrow their mult...

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  • Crude prices rise, bolstered by Saudi output cuts
Crude prices rise, bolstered by Saudi output cuts

European stock markets rallied following a flurry of upbeat earnings reports and after U.S. President Donald Trump said talks between Washington and Beijing over trade were going "very well". Global oil cartel Opec said Tuesday it sharply reduced crude oil production last month, after heavyweight Saudia Arabia slashed output and exports f...

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  • Upcoming US-China trade talk to focus on intellectual property rights
Upcoming US-China trade talk to focus on intellectual property rights

Mnuchin appeared at a Beijing hotel a couple of days ahead of scheduled high-level meetings with Chinese officials in the capital, with a March 1 deadline looming to strike an accord. "I could see myself letting that slide for a little while", Trump said at the White House. However, amid pressure from the business community for the two sides to res...

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  • McConnell Plans To Bring Green New Deal To Senate Vote
McConnell Plans To Bring Green New Deal To Senate Vote

The climate measure is already supported by at least five senators seeking the Democratic nomination for president: Cory Booker of New Jersey, Kirsten Gillibrand of New York, Kamala Harris of California, Elizabeth Warren of MA and Amy Klobuchar of Minnesota.

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  • Germany wants to avoid banning Huawei from 5G networks, report says
Germany wants to avoid banning Huawei from 5G networks, report says

Huawei has raised suspicions in the west for its close ties to the Chinese government and fears are that the company may be an integral tool of the superpower's worldwide espionage capabilities. Following meetings with the European Commission and the Belgian government in Brussels, U.S. officials were also set to take a message to France, Germany ...

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  • Bezos accuses Enquirer of 'blackmail' over intimate photos
Bezos accuses Enquirer of 'blackmail' over intimate photos

The Bezos affair became public when the Enquirer published a January 9 story about his relationship with Lauren Sanchez , a former TV anchor who is also married. Reporters for the Enquirer followed Bezos and Sanchez "across five states and 40,000 miles" and "tailed them in private jets, swanky limos, helicopter rides, romantic hikes,...

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