Business

Fed's Mester: Makes Sense For US To Start Raising Rates

Fed's Mester: Makes Sense For US To Start Raising Rates

Traders now put chances of a December rate hike at about 42 per cent. However, he said, for negative rates to be fully effective, paper money would have to be made more costly to hold or else be abolished altogether in favor of electronic currency.



Tesla wins FTC approval to buy SolarCity in $2.6 billion deal

Hence, Tesla's CEO will put $65 million towards the overall $124 million that the solar company is expected to raise. The bonds are issued directly, online, and there are no fees for investors either. According to data compiled by Bloomberg, Lyndon Rive is the seventh-largest shareholder in the solar company, whereas Peter Rive is the eighth-largest shareholder.


California wildfire continues to grow

California wildfire continues to grow

A release from the Incident Information System reporting the lifting of evacuation orders posted " WELCOME HOME! " in bold print to the evacuees. As of Sunday morning, the Chimney Fire was listed at 24,096 acres with 35 percent containment.



Hollande: EU heads must fight nationalist trend

From the deck of the Italian aircraft carrier Garibaldi , which is spearheading the EU's migrant rescue and anti-smuggling effort, Italian Premier Matteo Renzi, German Chancellor Angela Merkel and French President Francois Holland also promised new economic prospects to young people albeit without any specific proposals or details.



Apple boosts iPhone security after spyware discovery

Since the result could be your iPhone being used to track your movements, record audio and video from your surroundings, snoop on messages in chat apps, and more , we recommend that you install iOS 9.3.5 as soon as possible. Also Citizen Lab believes "state-sponsored actors" attack a Mexican journalist with the NSO software. The next day he got another, this time with a link promising information on detainees in UAE jails.


California Firefighters Contain Blue Cut Fire, Grapple With Other Blazes

California Firefighters Contain Blue Cut Fire, Grapple With Other Blazes

At 17,000 acres on Saturday afternoon with 35% containment, the fire was within 2 miles of Hearst Castle . "It did actually get into an area that we thought we had protected, but the fire did something". Fire continues to be slow backing through an 8-year-old fuel bed of grass, brush and timber litter according to Cal Fire officials. Overnight, the fire behavior was active with winds driving the fire into the northwestern region.