• Gas Prices Down 6 Cents to $2.16 a Gallon
Gas Prices Down 6 Cents to $2.16 a Gallon

Both GasBuddy and the AAA report that the average Cleveland price Monday is $2.08 a gallon, up about 6 cents over the week. Prices briefly dropped below $2 a gallon in March, Tidwell said, but it's unusual for them not to go up as demand increases in the summertime.

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  • Profit at Buffett's Berkshire Up 25% After Precision Castparts, Duracell Deals
Profit at Buffett's Berkshire Up 25% After Precision Castparts, Duracell Deals

Buffett has long told shareholders that they should focus on the underlying earnings of the Berkshire's operating businesses, rather than gains or losses on securities that are reflected in the company's income statement. Results included a $610 million gain from the redemption of Buffett's investment in Kraft Heinz preferred stock. The investmen...

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  • Women were key beneficiaries of job market in July
Women were key beneficiaries of job market in July

Even the government hired more workers, adding 38,000 positions, primarily in local education. Wage growth also topped expectations , and year-on-year average hourly earnings are at a post-recession high of 2.6%. Following the Great Recession of 2007-09, the unemployment rate shot up, causing many workers to become discouraged and stop looking f...

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  • Trump admits he never saw a nonexistent Iran hostage money video
Trump admits he never saw a nonexistent Iran hostage money video

In a rare reversal from his earlier stance, Donald Trump, the Republican presidential nominee, on Friday acknowledged that he did not see the secret footage of transfer of $ 400 million to Iran as ransom for the release of U.S. The Trump campaign was quick to clarify, with spokeswoman Hope Hicks saying they were referencing public footage. "Nobo...

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  • GST Bill in Lok Sabha likely on Monday, BJP issues whip
GST Bill in Lok Sabha likely on Monday, BJP issues whip

Setting a target of April 1, 2017 for rollout of the Goods and Services Tax, the government on Thursday unveiled a detailed roadmap for its implementation and said it is aiming for an "optimal" rate of taxation though the final decision will be taken by the GST Council.

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  • Oil jumps on petrol draw
Oil jumps on petrol draw

The global glut has led many traders to predict lower prices going forth. After staging a rally that almost doubled prices from their February low of $26 a barrel, crude has firmly entered a bear market, with prices sliding more than 20 percent since breaking above $50 a barrel in June.

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  • GST will lower commodity prices : Arun Jaitley
GST will lower commodity prices : Arun Jaitley

While the Rajya Sabha finally gave the go ahead for the long awaited Goods and Service Tax (GST) Bill on Wednesday evening, there is still a long way to go for it to be implemented. India's parliament has approved a long-awaited overhaul of the country's fragmented tax system to create a genuine single market in one of the most significant reforms ...

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  • Video purportedly shows Apple iPhone 7 prototype in action
Video purportedly shows Apple iPhone 7 prototype in action

The new iPhone is expected to be unveiled released on September 16 this year. The iPhone 7 isn't too far away now. That hasn't happened since the 2009 release of the iPhone 3GS. Milunovich increased his iPhone 7 unit estimate to 222 million from 207 million previously, implying year-over-year growth of 5%. Hilsenteger discovered the ne...

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  • Anandiben to meet Governor OP Kohli today
Anandiben to meet Governor OP Kohli today

Commenting on the resignation of Gujarat Chief Minister Anandiben Patel, Congress vice-president Rahul Gandhi has said she has been made the "scapegoat" for the prolonged BJP misrule in the state. Her resignation has been accepted by the Governor of Gujarat as well as the BJP leadership. "Just like Patel is on her way to be free from the burden of ...

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  • Facebook has a new anti-clickbait algorithm
Facebook has a new anti-clickbait algorithm

But the tech firm said that it wants to do more and has a system that's similar to an email spam filter to identify phrases that are commonly used in these headlines. And hey, when "clickbait" pays off and the reader is glad they clicked on the story, it doesn't seem so bad, but a flood of it all stacked up next to each other can get pretty frust...

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  • Verizon buys Fleetmatics for $2.4bln
Verizon buys Fleetmatics for $2.4bln

The deal is expected to close in the fourth quarter. Shares of Fleetmatics rose 39% to $59.66 in morning trading in NY and are up 65% in the past three months. Fleetmatics brings 1,200 employees and 37,000 customers to Verizon. " Fleetmatics is a market leader in North America - and increasingly internationally", said Andrés Irlando, CEO ...

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  • Dutch extend extra security measures at Amsterdam airport
Dutch extend extra security measures at Amsterdam airport

According to the police, around 8:53 a.m. a report was received that a person on the tour bus was making odd comments containing the word "bomb". One broadcaster, NOS, said police had detained a "confused" man on the highway this morning.

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  • US launches airstrikes targeting IS in Libya
US launches airstrikes targeting IS in Libya

Pentagon Press Secretary Peter Cook said this in a statement, which references one of the Islamic State group's acronyms. There were no US troops on the ground in Libya directing the strikes, he said. Acting PM Fayez Sarraj, center, along with the members of the Presidential Council. Militias allied with UN-backed government have been fight...

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  • Senator praises bravery in face of flooding
Senator praises bravery in face of flooding

He spoke about residents' perseverance and determination. "We'll be glad to go out there and help with whatever we can", he said . "We will rebuild", he continued. No firm financial damage estimate is available, but Ryan Miller, director for emergency management in the county, said it would run into the millions of dollars.

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  • Hot Stock under Consideration: Whiting Petroleum Corp. (NYSE:WLL)
Hot Stock under Consideration: Whiting Petroleum Corp. (NYSE:WLL)

The consensus, or mean target price of the Wall Street analysts covering the firm is $13.666. "0" brokerage firms have issued "Sell" rating for the company and "Strong Sell" rating was issued by "2.17" brokerage firms. This Little Known Stocks Could Turn Every $10,000 into $42,749! Whiting posted a second-quarter net loss of $301 million, or $1.3...

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  • Crude breaks below $40, oil ends down more than 3 percent
Crude breaks below $40, oil ends down more than 3 percent

Crude oil prices plunged 4% on Monday, sliding to $39.86 a barrel Monday. Responding to an expected drop in demand, top exporter Saudi Arabia on Sunday slashed the September price for its light crude for Asian customers by $1.30 a barrel. The continued glut of products in the market, both in crude and refined fuels, has kept the pressure on prices....

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  • Iran's Foreign Ministry: Al-Nusra name change 'mere word play'
Iran's Foreign Ministry: Al-Nusra name change 'mere word play'

But the move took place with the endorsement of al-Qaida's central leadership, and its ideology remains the same, raising questions whether the change really goes beyond the new name, the Levant Conquest Front. Washington said it still considers Al-Nusra Front a security threat despite the announcement. But with the amicable break from Al-Qaeda, ...

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  • Bipartisan backlash for Trump, after questioning Khan family
Bipartisan backlash for Trump, after questioning Khan family

Republicans have also publicly lambasted their Presidential contender. A person void of empathy for the people he wishes to lead can not be trusted with that leadership. Khizr Khan's moving remarks quickly reverberated beyond the arena, and their effects have since spilled out onto the campaign trail. She was extremely quiet, and it looked like sh...

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  • One dead, two missing in Maryland flooding
One dead, two missing in Maryland flooding

Andy Barth, a representative of Howard County Executive Allan Kittleman, confirmed one death and two missing at 9:20 a.m. "The Howard County Office of Emergency Management has activated it Emergency Operations Center". Several nearby agencies, including Harford County Fire Rescue, were called in to help rescue those trapped inside their vehicles....

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  • Lester recovers from rut of bad starts, Cubs rout Mariners
Lester recovers from rut of bad starts, Cubs rout Mariners

Despite intermittent showers sprinkling Wrigley Field throughout the day, the Cubs dispatched the visiting Mariners, 12-1, on Friday. The Cubs activated OF Coghlan (ribs) off the disabled list and optioned infielder Tommy La Stella to Triple-A Iowa.

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