Finance

Annual US budget deficit highest since 2012: US Treasury

Annual US budget deficit highest since 2012: US Treasury In the 2018 fiscal year, which ended Sep 30, the United States took in US$3.3 trillion but spent US$4.1 trillion. The budget deficit has continued to climb in recent years, raising concerns the country's debt load of more than $21.5 trillion will grow out of control. [Full Article...]

Burger King concocts Halloween sandwich that's 'clinically proven' to create nightmares

Burger King concocts Halloween sandwich that's 'clinically proven' to create nightmares In partnership with the Paramount Trials, Florida Sleep & Neuro Diagnostic Services, Inc. and Goldforest Inc., Burger King conducted the clinical, scientific sleep study with 100 participants (or victims) over 10 nights, according to the press release . [Full Article...]

Mega Millions, Powerball jackpots total $1.3 billion

Mega Millions, Powerball jackpots total $1.3 billion The already record-high Mega Millions jackpot ballooned to a whopping $970 million on Thursday, according to lottery officials. The cash option, which is favored by almost all winners, is $372 million. Mega Millions, Powerball and Hoosier Lotto tickets are available at Hoosier Lottery retailers. Tickets sold in New Jersey, Kentucky and MA matched the five numbers and each win a $1 million priz... [Full Article...]

France's finance minister cancels his Saudi conference trip amid Khashoggi disappearance

France's finance minister cancels his Saudi conference trip amid Khashoggi disappearance Khashoggi was killed and dismembered inside the consulate shortly after he entered on October 2, stirring global revulsion and widespread condemnation of Saudi Arabia . In a still image from surveillance camera footage taken Oct. 2, 2018, and published Thursday, Oct. 18, 2019, by the pro-government Turkish newspaper Sabah, a man previously seen with Saudi Crown Prince Mohammed bin Salman's ento... [Full Article...]

NEW First Legal Recreational Cannabis in Canada Sold in NL

NEW First Legal Recreational Cannabis in Canada Sold in NL Jubilant customers stood in long lines for hours then lit up and celebrated on sidewalks as Canada became the world's largest legal marijuana marketplace. Still, worldwide businesses and investment funds have been hovering around the market for years, waiting for the time when they could legally invest in large-scale industrializing marijuana cultivation and distribution. [Full Article...]

Jamal Khashoggi: Pompeo to meet Erdoğan as gory reports of killing emerge

Jamal Khashoggi: Pompeo to meet Erdoğan as gory reports of killing emerge The Saudis promised the Trump administration $100 million to help the United States' efforts in Syria this summer - and in a suspicious turn of events, that money was suddenly deposited in US bank accounts as Secretary of State Mike Pompeo landed in Riyadh for what would be a discordantly friendly meeting with Saudi officials about their alleged murder of journalist Jamal Khashoggi . [Full Article...]

Pompeo holds crisis talks in Riyadh on missing journalist

Pompeo holds crisis talks in Riyadh on missing journalist An audio recording has emerged of the alleged torture and murder of Saudi journalist Jamal Khashoggi , according to Sky sources. "This guy's gotta go". Earlier in the day, United Nations human rights chief Michelle Bachelet said the "inviolability or immunity" of people or premises granted under the 1963 Vienna Convention on Consular Relations "should be waived immediately". [Full Article...]

Audi fined £700m for dieselgate gains and oversight failings

Audi fined £700m for dieselgate gains and oversight failings Both the Audi- and Volkswagen-developed engines were engineered to limit emissions during laboratory testing, but work in a normal non-compliant state when being driven on the road. In total, the case dealt with nearly five million cars worldwide built between 2004 and 2018. The prosecutors said this included profits from the sales of affected vehicles. [Full Article...]

Climate change is threatening world’s beer supply

Climate change is threatening world’s beer supply The study says global warming will lead to substantial decreases in barley crop yields, which means fewer gallons of beer and an increase in the price of a pint. And the results of these two were given as inputs into a third, an algorithm that modelled the economy and showed price fluctuations of barley and beer. [Full Article...]

Cannabis is legal: A look across Canada as marijuana prohibition ends

Cannabis is legal: A look across Canada as marijuana prohibition ends Ian Power, a cannabis advocate, tells VOCM News this moment is significant because it is a step towards ending the stigma towards people who use cannabis. The federal government set the minimum legal age for consumption at 18, but most provinces and territories have raised it to 19, except Quebec and Alberta. [Full Article...]

Trump says allegations against Saudis are example of "guilty until proven innocent"

Trump says allegations against Saudis are example of Members of the US Congress, including some of Trump's fellow Republicans, are among the loudest voices in the United States demanding answers and action on Khashoggi, who moved to Washington a year ago fearing retribution for his criticism of the crown prince. [Full Article...]

Tesla may soon make its own tequila, #Teslaquila

Tesla may soon make its own tequila, #Teslaquila Tesla executives will also have to supervise his communication with the public, which takes place mainly via Twitter , where his personal account has 23m followers. The settlement has been approved by U.S. District Judge Alison Nathan in Manhattan. Shares of Tesla closed down $12.97, or 4.4 percent, at $281.83, and fell another 2.1 percent to $276 following Musk's tweet after market hours. [Full Article...]

Mega Millions jackpot now $868M, 2nd largest in United States history

Mega Millions jackpot now $868M, 2nd largest in United States history According to Mega Millions , it's the third-highest lottery jackpot in US history. The estimated cash value, if you're lucky enough to match all six numbers, is $380 million. The cash option, which is favored by almost all winners, is $380 million. If no one wins Tuesday's drawing, the jackpot will rise to $868 million for Friday's drawing. [Full Article...]

Iran says Trump cannot bring oil prices down by 'bullying'

Iran says Trump cannot bring oil prices down by 'bullying' What's next for the oil price - $100 by the end of the year? Benchmark Brent crude has been trading above $80 a barrel LCOc1. The 11.21 million barrels places the country in second place of the most prolific oil producers in the world, behind the United States, who overtook both Saudi Arabia and Russian Federation earlier this year, according to EIA data as cited by CNN . [Full Article...]

Saudi Arabia orders internal probe into Khashoggi case after global pressure

Saudi Arabia orders internal probe into Khashoggi case after global pressure The case has provoked an global outcry, with U.S. President Donald Trump threatening "severe punishment" if it turns out Khashoggi was killed in the consulate and European allies calling for "a credible investigation" and accountability for those responsible. [Full Article...]

YouTube users question sanity, reality as service goes dark worldwide

YouTube users question sanity, reality as service goes dark worldwide Say goodbye to all your favourite let's players, game walkthroughs and new game trailers, YouTube is down! YouTube is aware of the issue, though no ETA has been given on when we can expect a fix. "Still down in Raleigh, the site loads but nothing is displayed". These appear with a line of code and a purple monkey holding a hammer, with the message: "Sorry something went wrong", a message f... [Full Article...]

Oil prices seeking bullish rebound on supply constraints, WTI eyeing $72.00

Oil prices seeking bullish rebound on supply constraints, WTI eyeing $72.00 Earlier, fuel prices continued its upward trend on Sunday, with petrol being retailed at Rs 82.72 per litre and diesel at Rs 75.38 in the national capital. The RBI said in its policy statement: "Global headwinds in the form of escalating trade tensions, volatile and rising oil prices, and tightening of global financial conditions pose substantial risks to the growth and inflation outlook". [Full Article...]

Mega Millions Close to Setting New Record

Mega Millions Close to Setting New Record No one has won the Mega Millions jackpot since July 24, when a San Jose office pool of 11-co-workers matched all six numbers to split a $543 million prize. If those tickets were purchased with the Megaplier option, the prizes would be multiplied to $30,000. Three other Mega Millions jackpots have been won this year: $451 million on January 5 (Florida), $533 million on March 30 (New Jersey) a... [Full Article...]

Sears CEO steps in for bankruptcy financing

Sears CEO steps in for bankruptcy financing Mr Lampert, the largest shareholder, had pledged to restore Sears to its glory days by loaning out his own money to prop up the company. If Sears ends up collapsing, the obituaries will blame Internet competition for undermining the big-box department store model. [Full Article...]

Turkish officials will today search Saudi consulate over Khashoggi

Turkish officials will today search Saudi consulate over Khashoggi Turkish officials have said they fear a Saudi hit team killed and dismembered Khashoggi , who wrote critically of Saudi Crown Prince Mohammed bin Salman . "I just spoke with the King of Saudi Arabia, who denies any knowledge with what took place", Trump said. "There needs to be a credible investigation to establish the truth about what happened, and - if relevant - to identify those bearing re... [Full Article...]


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