http://kplc.images.worldnow.com/images/11819157_G.jpg

Markets

The storm was moving west at 13 miles per hour. There's now no threat to land. At 5 a.m., Orlene was packing maximum sustained winds of 80 miles per hour. Shear is forecast to continue to impact the Julia's strength. Meanwhile, there was little change in a new tropical depression that had formed far out over the Atlantic.
  • Police question man in theft from 93-year-old in wheelchair

    Police question man in theft from 93-year-old in wheelchair

    Markets

    The victim, Maria Vasquez , is now anxious about keeping her head above water, telling ABC 7, "I need that money, because my husband passed away seven years ago". Vasquez said the money was to pay for rent, water, electricity and food. " I was scared. I wasn't expecting it ", Vasquez told the New York Post .
  • Another Dip In Windsor's Jobless Rate

    Another Dip In Windsor's Jobless Rate

    Markets

    British Columbia lost 6,600 jobs, while Ontario added some 10,500 jobs - but that wasn't enough to keep the province's jobless rate from rising three notches, to 6.7 per cent. In Moncton, unemployment went down to 7.2 per cent from 7.7 per cent in July. Advertisment It may still have been summer, but the economy made small moves ahead last month.
  • August German Manufacturing PMI at 3-Month Low

    August German Manufacturing PMI at 3-Month Low

    Markets

    Growth in the Eurozone's manufacturing sector fell to its lowest in three months in August, as jitters over Brexit continued to take their toll. The UK manufacturing industry has swung to a 10-month high and beat expectations as it rebounded from its slump after the Brexit vote.
  • Apple will reportedly launch new MacBooks next week

    Apple will reportedly launch new MacBooks next week

    Markets

    It plans to release a new version of the iPad Pro next year, featuring a 10.5-inch display, up from the current 9.7-inch display, according to a recent research note by analyst Ming-Chi Kuo. Moreover, Apple is working on new versions of its MacBooks. According to a host of different sources it's ditching the traditional row of physical function keys in favor of a touch-sensitive OLED strip.
  • August US auto sales seen falling about 3 percent

    August US auto sales seen falling about 3 percent

    Markets

    Ford was dragged down by a 9.4 percent drop at its namesake division, while Nissan recorded its sharpest monthly decline in more than three years. Automakers offered a positive take on the numbers, saying the average amount customers paid for a auto or truck - the average transaction price or ATP - had increased.
  • SpaceX rocket explodes on launch pad

    SpaceX rocket explodes on launch pad

    Markets

    The Falcon 9 was destroyed today after a launch pad anomaly triggered the explosion. "Elon Musk's SpaceX rockets are cheaper than government rockets", the second man to walk on the moon said on "Squawk Box". It was not immediately known to what extent SpaceX's launch pad was damaged or what the impact would be on the dozens of NASA and commercial satellite missions on its launch schedule.
  • Wall Street rises as hawkish Fed boosts financial stocks

    Markets

    THE QUOTE: "The dollar jumped after the Federal Reserve's chairperson, Janet Yellen, signaled an impending rate hike in a speech at Jackson Hole last Friday", said Margaret Yang Yan, market analyst at CMC Markets Singapore. The signs of weakness in the economy and the uncertain outlook for USA monetary policy led sterling to slip back towards US$1.30. The report said the S&P/Case-Shiller 20-city composite home price index was up 5.1 percent year-over-year in June, reflecting a slowdown ...
  • Crude Oil, Distillate Stockpiles Surprisingly Higher

    Crude Oil, Distillate Stockpiles Surprisingly Higher

    Markets

    Bloomberg experts expected a decline of 125,000 barrels, but the API expected an increase of almost 3 million barrels. The market has paid little heed so far to risks of storm damage to oil and gas installations in the U.S. The increases in United States oil holdings has put fresh pressure on prices, after surprise increases in United States domestic crude supplies and boosts to production from countries including Iraq and Nigeria already reinvigorated worries about a global supply glut last ...
  • Apple hit with $13bn tax slap

    Markets

    Apple was found to only be paying 1% tax on its European profits in 2003 and 0.005% in 2014. Vestager ordered Ireland to recover the unpaid taxes for the years 2003 to 2014, plus interest, which one analyst said could amount to an additional 6 billion euros.