Business

Orders for US durable goods rebounded in July

Orders for US durable goods rebounded in July

Shipments of core capital goods, which are used to calculate equipment spending in the government's gross domestic product measurement, fell 0.4 percent last month after decreasing 0.5 percent in June. United States manufacturing showed strength in July as durable goods orders rebounded from two straight falls, the Commerce Department reported Thursday.



Oil slips below US$49 as supply trumps hopes for producer action

A two-year long selloff in oil has severely hurt the economies of Venezuela, Iraq and Nigeria. Moreover, oilfield services company Baker Hughes said Friday that the number of rigs operating in U.S. Additionally, Iran said this morning that it would commit to the OPEC meeting in late September, DeAngelis said. Reinforcing concerns about market oversupply, United States crude stocks surprisingly rose last week, even though gasoline inventories fell sharply and distillate stocks drew, data ...


Millions Of Dead Fish Being Cleaned Up From New Jersey Marina

Millions Of Dead Fish Being Cleaned Up From New Jersey Marina

New Jersey Department of Environmental Protection officials told the station that the 3- to 4-inch fish known as the peanut bunker were likely chased into a Keansburg marina off Laurel Avenue by blue fish or skates in Raritan Bay and died of low oxygen levels.



New week, same problems for Trump campaign nationwide

Donald Trump has blamed the "disgusting" media for a week of distractions at a time when Republicans have urged him to focus on Democratic rival Hillary Clinton. The New York Times catalogued a culture of crisis inside the Trump campaign on Sunday. That set off Trump on a Twitter rant Sunday morning. "The American people now know that clearly from that release".


Himachal Assembly passes GST Constitutional Amendment Bill

Himachal Assembly passes GST Constitutional Amendment Bill

Chief minister Raman Singh has said, Chhattisgarh has no objection to GST provided the Centre's compensation, on loss due to phasing-out of Central Sales Tax, is given on time. Government on Monday reviewed IT preparedness of various stakeholders for smooth rollout of the Goods and Services Tax ( GST ) and directed all banks to ensure their IT systems are in place by September 30.


US new-home sales climb to best level since late 2007

US new-home sales climb to best level since late 2007

Sustained job growth and falling mortgage rates are the major driving forces for the US housing market in the first half of 2016, said the NAR. But sales remain 31.3% higher when compared with the same period a year ago. The broader PHLX housing index, which includes builders, building products and mortgage companies, was trading up 1.0 per cent, outperforming the overall U.S.