• Rising inflation, retail sales pave way for Fed rate hike
Rising inflation, retail sales pave way for Fed rate hike

According to the data furnished by the Ministry of Statistics and Programme Implementation, December's consumer price index (CPI) inflation rose to 5.21 per cent from 4.88 per cent in November. Meanwhile, used auto and truck prices jumped 1.4% in the month, while new vehicle prices gained 0.6%. "The uptick in the CPI inflation to a 17-month hig...

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  • China 2017 trade surplus with US tops $275bn to record high
China 2017 trade surplus with US tops $275bn to record high

During his November visit to Beijing , the two countries announced more than $250 billion in business deals providing some salve to Trump?s fixation on trade. The "continued strength of China's exports to the USA ... is bound to add to U.S". China has so far resisted taking major retaliatory action against United States imports despite a volle...

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  • Michael Gove takes on the 'throwaway culture' of plastic bottle waste
Michael Gove takes on the 'throwaway culture' of plastic bottle waste

One of the most eye-catching elements of the plan is an effort to encourage supermarkets to offer "plastic-free aisles", with food either loose or in nonplastic packaging. This will give consumers the choice to make greener decisions and promote the use of less damaging plastic packaging, according to the Government. But it could also include items...

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  • BJ's to laid off Sam's Club employees: We're hiring
BJ's to laid off Sam's Club employees: We're hiring

Mayor Armstead visited the Linden Sam's Club location this morning after receiving a 9 a.m. telephone call from its corporate headquarters indicating that the entire facility was closing. "Walmart is the largest employer in the country and to see them make that kind of effort to over a million workers is a big deal. and I think further evidence...

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  • Ripple and MoneyGram Test XRP Currency Transfers
Ripple and MoneyGram Test XRP Currency Transfers

XRP is an efficient digital asset for blockchain powered payments with transaction fees at just fractions of a penny. Ripple is a cryptocurrency ( XRP ) issued by a blockchain startup of the same name and has enjoyed an astonishing rise in 2018 following in the footsteps of bitcoin .

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  • Customer returns dead Christmas tree to Costco, gets full refund
Customer returns dead Christmas tree to Costco, gets full refund

So come January, the woman reportedly wanted her money back for her once lively Christmas tree because it was now dead. It is not sure whether the original post was deleted by the user. A by Costco employees discussed some of the more egregious items that were returned to stores, including 13-year-old fish, an empty wine bottle, and photo prin...

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  • Tesco - Another quarter of growth
Tesco - Another quarter of growth

And although some shareholders will be put at ease by a reiteration of FY guidance, it seems unlikely to reduce concerns that the M&S turnaround is failing to see the success of the aforementioned Tesco , while also raising further questions about how much pressure the United Kingdom high street can handle from the rise of online retailers.

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  • ISRO successfully launches 100th satellite, first mission after IRNSS-1H failure
ISRO successfully launches 100th satellite, first mission after IRNSS-1H failure

The total weight of the satellites carried onboard the PSLV-C40 is close to 1,323 kg. The upcoming launches include the GSLV-F10/Chandrayaan-2 Mission, which is planned for the first half of this year and will be India's second mission to the moon.

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  • Two aides of Lalu Yadav arrested for serving him in jail
Two aides of Lalu Yadav arrested for serving him in jail

The RJD jumped to its leader's defence, insisting the presence of the two was "co-incidental". The punishment was handed down to 69-year-old Lalu by CBI court judge Shiv Pal Singh through videoconferencing since the RJD leader is lodged in Birsa Munda Central Jail after being convicted in the case on December 23, CBI counsel Rakesh Prasad said....

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  • Mazda to build $1.6B production facility in Alabama
Mazda to build $1.6B production facility in Alabama

Dziczek said that Alabama in 2017 was tied for fifth among US states in auto production, at 9 percent with Tennessee. The new Alabama facility is expected to create up to 4,000 jobs. "Starting from 2021, I'm confident that we run a highly competitive plant , by bringing together the expertise of Toyota and Mazda as well as the excellent Alabama ...

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  • Cabinet clears 49% FDI in Air India
Cabinet clears 49% FDI in Air India

Also, 100 per cent FDI under automatic route in construction development has been allowed. Giving some boost to the national carrier, the Cabinet also allowed foreign airlines to invest up to 49 per cent under approval route of Air India .

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  • Bradley appointed as NI secretary
Bradley appointed as NI secretary

Arlene Foster told Q Radio that differences between both sides remain. "Not quite how I thought I'd mark my 50th birthday!" Mrs May said Mr Brokenshire had demonstrated that the role in the Northern Ireland Office was "vital work which will demand long hours, hard effort and complete focus" and it was "absolutely right that you should put your he...

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  • New York Dem Charged With Stealing Hurricane Relief Funds
New York Dem Charged With Stealing Hurricane Relief Funds

Attorney's Office for the Eastern District of ny announced on Tuesday. In one incident in 2012, the 57-year-old allegedly turned Hurricane Sandy recovery into a money-making scheme by lying about damage to her Coney Island home. Harris replaced Alec Brook-Krasny, who quit the assembly and then was later indicted on health care fraud and bribery c...

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  • Kodak stock more than doubles on news of photo-focused cryptocurrency
Kodak stock more than doubles on news of photo-focused cryptocurrency

Blockchains have shown promise in being used to track the licensing, use, and sale of artistic works . The camera giant's new KODAKOne image rights management platform utilizes blockchain technology in order to set up an encrypted digital ledger created to give photographers the ability to register and license their work within the platform.

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  • Jeff Bezos surpasses Bill Gates' net worth, becomes richest person ever
Jeff Bezos surpasses Bill Gates' net worth, becomes richest person ever

It's well-known that Amazon CEO Jeff Bezos is working on a venture to take tourists into space, but his wealth is already out of this world. Forbes , another publication that tracks the net worth of the world's richest people, also has Bezos in the top position with a net worth of $104.5 billion.

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  • Legal Sector Posts Modest Job Gains in December
Legal Sector Posts Modest Job Gains in December

Wages, though, have not risen significantly. The U.S. legal services industry added 600 jobs in the final month of 2017 as the country's overall economy posted employment gains, the U.S. The unemployment rate fell by 0.6 percentage points in 2017, more than double the improvement projected by the Fed entering 2017. There are roughly 6 million ava...

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  • Ford F-150 Diesel Revealed: 440 LB-FT Punch, 30 MPG Efficiency
Ford F-150 Diesel Revealed: 440 LB-FT Punch, 30 MPG Efficiency

The 3.0L Power Stroke diesel V6's peak torque arrives at just 1,750 rpm and it's mated to a standard 10-speed automatic transmission. Design highlights include a graphite-iron block, forged steel crankshaft (shared with Ford's turbocharged 2.7-liter EcoBoost gasoline V6), a two-stage oil pump, a variable geometry turbocharger, and a common rail i...

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  • Frank Beamer to be inducted into the College Football Hall of Fame
Frank Beamer to be inducted into the College Football Hall of Fame

He coached Murray State from 1981-1986 and Virginia Tech from 1987-2015. The other seven selections were Rice's Trevor Cobb , Penn State's Kerry Collins , Montana's Dave Dickenson , Illinois' Dana Howard , Temple's Paul Palmer , Georgia's Matt Stinchcomb and Matt Tjeerdsma, who coached at Austin College and Northwest Missouri State.

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  • International Olympic Committee extends North Korea's Winter Olympics participation decision 'deadline'
International Olympic Committee extends North Korea's Winter Olympics participation decision 'deadline'

The South Korean government on Tuesday will announce its official view on the previous administration's 2015 deal with Japan meant to resolve the issue of wartime "comfort women", with several diplomatic sources saying Seoul will call on Tokyo to voluntarily take additional action.

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  • GoPro Drone Business Crashes
GoPro Drone Business Crashes

GoPro said it's cutting more than 20 percent of its global workforce and putting an end to its drone business after a disappointing fourth quarter. "Furthermore, a hostile regulatory environment in Europe and the United States will likely reduce the total addressable market in the years ahead".

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