Markets
Uber helps passengers politely request a silent ride
Those rides where you just want peace and quiet to reflect and your driver bombards you with endless questions or even worse, they unload on you about something leaving you unsure how to respond. 'With these new features and more to come, we're excited to ensure that our riders can arrive relaxed and refreshed, wherever they're headed'. Uber product manager Aydin Ghajar told TechCrunch that Ub... [Full Article...]
Fed's George says low inflation does not require policy…
But Powell ducked the question. "The committee is more comfortable with our existing policy position", he explained. US President Donald Trump has suggested the Federal Reserve could support the US in its simmering trade battle with China. [Full Article...]
B.C. to hold public inquiry into money laundering
Premier John Horgan says money laundering has had numerous impacts on people in the province including a rise in opioid deaths and higher housing costs. Supreme Court Justice Austin F. Cullen to head the inquiry, which will look into the impacts on real estate, gaming, financial institutions, and the corporate and professional sectors. [Full Article...]
Arriva Rail becomes second operator to sue DfT over East Midlands franchise
The move follows an announcement by Stagecoach last Wednesday that it had filed legal action against the DfT alleging that the department had breached its statutory duties under an European Union regulation that requires the government to adopt a "competitive tendering process" and which is open to all operators and conducted in a "fair, transparent and non-discriminatory manner". [Full Article...]
U.S. stock futures lower after Trump tweet, weak China data
US stocks on Tuesday reclaimed some of the ground lost in the prior day's steep sell-off, with tariff-sensitive technology stocks leading the S&P 500 and the Nasdaq higher as investors were heartened by a tonal shift in U.S. But he added that the deal would only happen when "the time is right". The new penalties also took aim at American farmers, driving down soybean and cotton prices. [Full Article...]
China Says US Has Agreed To Keep Talking Over Trade War
White House economic adviser Larry Kudlow acknowledged to a television interviewer last weekend that "to some extent" USA consumers will bear the brunt of higher costs on Chinese goods after Trump's tariffs have been levied on the imported goods. [Full Article...]
Tesla's Solar Roof Solution Isn't For the United States
But the company must add hundreds more workers in NY to meet next year's target. Tesla has only sporadically purchased solar cells produced by its partner Panasonic Corporation (OTC: PCRFY ), Reuters said in the Wednesday story. Last month, Tesla was said to be cutting the prices of its solar panels by as much as 38 percent below the national average in a bid to regain ground in the solar... [Full Article...]
Coinbase Opens Up XRP Trading for New York Residents
It is assumed that this rapid increase is due to the partnership with Börse Stuttgart as well as Coinbase Pro's open trading service for NY customers. At the time of writing Ripple ( XRP ) is trading up over 22% at its current price of $0.40, up significantly from its daily lows of $0.32. This came after the exchange added trading support for the digital coin on its retail platform in Februa... [Full Article...]