World News

Democrats criticize Trump’s economy claims in State of the Union

additional Democrats argued of which Trump’s policies have not helped the working in addition to middle class as much as he claims. They particularly cited the GOP tax improvements, in addition to the fact of which the law makes massive corporate tax cuts permanent in addition to individual reductions only temporary. Democrats also argued of which Trump has overplayed stock ...

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No rate hike however more aggressive inflation expectations

In Janet Yellen’s final meeting as Fed chair, the central bank decided Wednesday against increasing its benchmark interest rate however indicated the item expects inflation pressures to heat up as the year moves on. The policymaking Federal Open Market Committee said current conditions indicate in which the overnight funds rate should remain anchored at 1.25 to 1.5 percent. The decision, ...

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Qatar-Saudi dispute is actually bad for the US, Tillerson says

Yuri Gripas | Reuters Secretary of State Rex Tillerson answers a question at the State Department in Washington, January 18, 2018. Two top U.S. government officials called on Gulf countries including Saudi Arabia as well as the United Arab Emirates (UAE) to resolve their dispute with their neighbor Qatar, saying that will regional stability is actually at stake. “As the ...

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Switch sale forecast increased to 15 million

Nintendo sold 7.23 million Switch units from the quarter. The Nintendo Switch got a boost via the holiday season helped by big name games such as “Super Mario Odyssey” as well as “Mario Kart 8 Deluxe.” Nintendo also said its handheld 3DS console was not cannibalized by the Switch. In fact, sales for the 3DS grew from the U.S. during ...

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semiconductor business outperformed in Q4

Samsung Electronics on Wednesday said of which recorded an operating profit of about 15.2 trillion Korean won ($14.15 billion) for the quarter ending in December, which was in line with guidance. of which was a 64.3 percent jump coming from a year earlier. The firm’s fourth-quarter revenue came in at about 66 trillion won, a 23.7 percent on-year increase. For ...

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Russian fighter jet video flying within 5 feet of US Navy plane

In a statement released Tuesday, the U.S. State Department said the Russian military aircraft had engaged “in an unsafe interaction” which has a U.S. Navy surveillance plane. The pilot of a Russian Su-27 fighter was “closing to within several feet in addition to crossing directly in front of” the American EP-3 aircraft’s flight path, department spokeswoman Heather Nauert said in ...

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Santander earnings Q4 2017

The actions taken by President Donald Trump have been “not bad” for the economy so far, the chairman of Banco Santander told CNBC on Wednesday, downplaying the president’s comments on trade. “I look to actions not words along with the actions so far are actually not bad for the economy,” Ana Botin, chairman of Banco Santander, told CNBC Wednesday when ...

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Apple will finally replace the fax machine in health care: Commentary

We’ve seen some spectacular advances in fields ranging through surgery to gene editing, although health care still faces a lackluster problem: Many patients can only get health records through their doctor if the fax machine is usually working. Even when records are stored electronically, different chunks of every patient’s health information sit in inaccessible electronic record systems in different doctors’ ...

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Kenya opposition leader Raila Odinga inaugurates himself

Tony Karumba | AFP | Getty Images Supporters attend the ‘people’s president’ swearing-in ceremony of Kenya’s opposition leader Raila Odinga on January 30, 2018, in Nairobi. The swearing-in boils down to Odinga attempting to assert his authority as a political leader, William Atwell, practice leader for Sub-Saharan Africa at emerging markets advisory firm Frontier Strategy Group, told CNBC via email. ...

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