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Consumer Confidence Gains in August

The US consumer confidence has gained a boost in points indicating that the economy is getting stronger. There is a noticeable strong market, there has been a decline in the gasoline price and improved housing market.

Aug 27, 2015 2:25 AM EDT


U.S. stock market gains evaporate on another wild trading day

Hopes for a recovery following a massive selloff in the US stock market were dashed Tuesday. All three major indexes were trading higher during early session after China announced cuts in interest rates. But as trading drew to a close, stocks tumbled, giving up gains.

Aug 27, 2015 2:25 AM EDT


Facebook Moments version 2.0 app creates videos from your photos and syncs it to your friends

Facebook Moments has a new update; version 2.0 featuring a music video of your photos synced to your Facebook friends. The new version of Moments is downloadable on the App Store and Google Play in 34 languages.

Aug 27, 2015 2:24 AM EDT


Despite slowdown, US services sector beats forecast

The drop in new businesses in the US services sector in early August caused slowdown in growth as PMI indicates in its latest analysis.

Aug 27, 2015 2:23 AM EDT


China infuses GBP 14B emergency funds into banking system to bridge gap of cash supply position

Chinese government in its latest move has infused GBP14 billion emergency funds into the domestic financial system to address the liquidity crunch. The slowdown in economy growth and continuous fall in stock markets have weakened the financial system in the world's second largest economy.

Aug 27, 2015 2:22 AM EDT


Former JPMorgan analyst Aggarwal charged for insider trading

A former analyst at JPMorgan and his two associates used the prior information regarding two acquisition plans in the technology sector and booked more than $600,000 illicit profit in the insider trading, Three were charged under several sections and produced before FBI, which is investigating the case.

Aug 27, 2015 2:20 AM EDT


Achieve your goals one day at a time - the secret to financial freedom

To reach your financial goals much sooner, a study suggests that it would be best to set your timeline by days, instead of by year.

Aug 27, 2015 2:15 AM EDT


Panic selling causes log in issues in investing websites

Due to the stock market mayhem Monday, trading websites encountered issues of latency, resulting to its customers not being able to log in to their accounts.

Aug 26, 2015 10:29 PM EDT


Fundraising for nonprofits now made easier with Facebook's 'Donate Now' button

Facebook launched Monday its “Donate Now” button, which makes it easier for nonprofit organisations to raise funds for their cause.

Aug 26, 2015 10:22 PM EDT


Lloyds and Royal Bank of Scotland takes beating during plunge in stock market; Government seeks privatization

Lloyds and the Royal Bank of Scotland lost almost £3 billion from their value amid the onslaught of the stock market tumult continues to wreak havoc on some of Britain’s banks.

Aug 26, 2015 10:14 PM EDT


Comcast's super-fast cable internet will surpass Google Fiber

Comcast has plans to offer consumers the new technology that will surpass Google Fiber with its 1 gigabit per second only service. Within 2 - 3 years, Comcast customers will be able to experience the new technology the company is going to serve them.

Aug 26, 2015 10:07 AM EDT


Asian growth plans at risk due to China meltdown

The latest devaluation of Chinese currency Yuan has triggered severe volatility in the foreign exchange (forex) markets. This has led many Asian nations into a dilema and forcing them to not take any major decision on growth plans.

Aug 26, 2015 10:05 AM EDT


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