Russia’s Putin says he invited Trump to Moscow
Russian President Vladimir Putin said on Friday he had invited U.S. President Donald Trump to Moscow and that both he and Trump were ready for further summits.
The ‘Big Short’ Steve Eisman is now short Tesla
Steve Eisman, the investor whose prescient financial crisis forecast was featured in “The Big Short,” is shorting electric automaker Tesla.
A China-US trade war would wipe 20% off the S&P 500, UBS says
Investors could see steep drops in global stock markets if tensions between China and the United States escalate into a full-blown trade war, analysts at UBS said in a note Friday.
Second-quarter GDP jumps 4.1% for best pace in nearly four years
Gross domestic product grew at a solid 4.1 percent pace in the second quarter, its best pace since 2014, boosting hopes that the economy is ready to break out of its decade-long slumber.
TUC: One in 12 workers miss out on legal holiday entitlement
Millions of UK employees do not get the time off work they are legally entitled to, says union body.
Trump fires at Cohen, insists he did ‘NOT’ know Don Jr. meeting with Russians offering Clinton dirt
Trump’s angry tweet follows reports that Cohen has asserted the president knew about the 2016 meeting.
Exxon Mobil disappoints Wall Street again as refinery issues weigh on quarterly profits
Exxon Mobil reported second quarter earnings per share of 92 cents, adding another miss to a series of profit disappointments.
Facebook removes four of Alex Jones’ videos, bans him for 30 days over content violations
Facebook’s decision comes not long after Google-owned YouTube issued a strike against Jones and also removed four of his videos.
Venezuelan inflation predicted to hit 1 million percent this year
Venezuela is arguably going through one of the largest economic disasters in world history, with prices soaring uncontrollably each day.
IT fiasco pushes TSB into a loss
The technology meltdown at TSB earlier this year has cost the bank £176m.