Minneapolis Fed President Neel Kashkari believes that at trimming the Federal Reserve's $4.5 trillion balance sheet gradually is the right thing to do because according to him, it is not doing a lot to boost the U.S. economy at this time.   "I think the big, big balance sheet isn't doing a...

Despite a U.S. regulator's decision that their offerings may be subject to tough securities laws, technology companies looking to raise money by issuing digital coins are moving forward with their plans.   While until this week it was unclear how the U.S. Securities and Exchange Commission...

For an increasing number of hackers and researchers, cyber attack is great for job security even though the surge in far-flung and destructive cyber attacks is not good for national security.   At t the annual Black Hat and Def Con security conferences, which now have a booming side business...

Marking the e-commerce giant's biggest push into Southeast Asia and its first head-on battle with Chinese rival, Alibaba Group Holding, Amazon.com Inc launched its two-hour delivery service in Singapore.   Including Prime subscriptions which provide access to the company's video-streaming...

While one problem has been solved, another problem may have been created by Hilton Worldwide Holdings Inc.’s newest big investor.   As overhang on the stock because of its heavy ownership by one company that planned to sell its shares was helped to be eased after China’s HNA Group...

Preparing to participate in the auction for Swiss food group Nestle SA's U.S. candy business is Ferrara Candy Co, the owner of candies such as Lemonheads and Now & Later chews, reported the media quoting people who are reportedly familiar with the matter.   Ferrara's array of gum and...

Information about a possible collusion among German automakers have been reportedly received by the European Commission and the German cartel office and they are now studying the matter, according to a statement released Saturday.   “It is premature at this stage to speculate further,”...

Analysts say that just how tough their goal of stabilizing the world oil market has been would be showed when oil producers meet Monday as their alliance will look frayed.   Set up to oversee compliance of the deal struck by OPEC, Russia and others as an effort to boost world oil prices,...

On Wednesday, cybercriminals stole away 150,000 ether tokens that is worth around $30 million. Ether is a digital currency similar to bitcoin.   According to data from Etherscan. around 153,000 tokens were taken by hackers. From commerce platform Swarm City, 44,055 tokens were stolen....

As an initial dovish message by the European Central Bank (ECB) was quickly drowned out by talk of inflation and an end of asset purchases, President Mario Draghi's difficult task of calming markets was laid bare on Thursday afternoon.   Amid speculation that the bank will start to...

Four days of talks between their teams in Brussels EU's Michel Barnier and Brexit Secretary David Davis about negotiations on Britain’s withdrawal from the European Union was launched on Monday.   The Frenchman will press Davis to agree to Britain covering substantial British...