formats

US jobs growth slows by more than expected in July

The US economy added 157,000 jobs in July, but missed expectations of 190,000 new roles.

formats

This is how airlines price tickets

To the average buyer, airline ticket prices appear to fluctuate without reason. But behind the process is actually the science of dynamic pricing.

formats

Goldman Sachs sees more price pain ahead for bitcoin

Goldman Sachs highlighted “cryptocurrency mania” as one of six factors creating an unsteady undertow affecting markets for the remainder of 2018. 

formats

Carney: No-deal Brexit risk ‘uncomfortably high’

The Bank of England chief says the risk of the UK leaving the EU with no deal is “uncomfortably high”.

formats

There is ‘zero’ engagement between US and China as trade tensions escalate, official says

A senior administration official told CNBC on Friday that there was “zero” engagement between the Trump administration and China as the two countries ratchet up trade tensions.

formats

Trump administration sanctions Russian bank, North Koreans for ‘illegal financial activity’

The new sanctions came as President Donald Trump continued to pursue negotiations with North Korean leader Kim Jong Un to denuclearize the Korean Peninsula, as well as seeking improved relations with Russia.

formats

A summer stock sell-off is a ‘risk too big to ignore,’ researchers warn

Supercharged U.S. economic growth is distracting too many investors from the real dangers of a trade war for equity markets, one research firm said in a report this week, warning of a potential sell-off in stocks as early as this summer.  

formats

Turkish lira hits fresh record low following US sanctions

Inflation data for July then helps the emerging market currency to recover ground.

formats

Amazon slammed for ‘insult’ tax bill in the UK despite record profits

Amazon says it has paid all taxes required in the U.K. and every country that it operates in.

formats

Oil market braces for ‘major supply shock’ — and it could propel crude prices skywards, analysts say

Oil prices could soon rally above $90 a barrel amid growing concerns over the prospect of steep declines in Iranian crude, according to industry analysts.