• No Winning Mega Millions ticket, jackpot now $654 million
No Winning Mega Millions ticket, jackpot now $654 million

Friday's drawing was the 23rd time no one matched all six numbers. An in-state Megabucks Doubler drawing will also take place tomorrow for an estimated $3.3 million in winnings. The most recent Mega Ball was 18 on Tuesday night. A lucky player could soon overcome remarkably bad odds to win the ninth-largest lottery jackpot in US history.

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  • World Bank head says trade tensions could worsen poverty
World Bank head says trade tensions could worsen poverty

It's the thirteenth time Pakistan has turned to the International Monetary Fund for support since the late 1980s and the lender said last week that recent government efforts haven't been sufficient to stem a looming crisis. The IMF said, "The growth forecast for 2018 is 0.3 percentage point lower than the April 2018 WEO forecast". But the USA...

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  • European Union says Brexit deal ‘within reach’ but work remains | Lexington Herald Leader
European Union says Brexit deal ‘within reach’ but work remains | Lexington Herald Leader

But he made clear that the European Union envisages a deal involving new customs and regulatory checks on goods travelling from Britain to Northern Ireland, including health and sanitary inspections for 100% of animals and animal products arriving in ports like Larne and Belfast from the rest of the UK.

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  • Dutch PM 'cautiously optimistic' about progress on Brexit talks
Dutch PM 'cautiously optimistic' about progress on Brexit talks

He said no deal would "quite simply be a disaster for business in Northern Ireland ", where consumers already have half the disposable income of households in Britain. Another summit in November is planned to close the deal. Labour demands that Britain retain "the exact same" perks it now has within the EU's customs union and single market -...

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  • US unemployment rate falls to 49-year low of 3.7 percent
US unemployment rate falls to 49-year low of 3.7 percent

Figures from the Department of Labor also showed the United States economy created 134,000 jobs during the month, fewer than were expected. According to a Reuters survey of economists , NFPs nonfarm likely increased by 185,000 in September after surging 201,000 in August.

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  • Elon Musk Bears The Brunt Of Misleading Tweets, Accused Of Fraud
Elon Musk Bears The Brunt Of Misleading Tweets, Accused Of Fraud

The board has not engaged in any "serious" discussions of who should be the chairman , the paper said, citing a source close to the selection process. Tesla shares plunged last week after the SEC accused Musk, 47, of fraud over "false and misleading" tweets on August 7 that promised to take Tesla private and said funding had been secured.

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  • Elon Musk Tweet Appears to Mock the Securities and Exchange Commission
Elon Musk Tweet Appears to Mock the Securities and Exchange Commission

Musk is believed to have experienced a change of heart after seeing Tesla's stock plunge the following morning. The settlement last Saturday was meant to resolve charges that Musk misled investors in tweets on 7 August, including that there was " funding secured " to take his Palo Alto, California-based company private at $420 per share.

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  • Rupee Hits New All-Time Low Of 73.77 Against Dollar
Rupee Hits New All-Time Low Of 73.77 Against Dollar

Five of the six panel members voted to leave the rate unchanged. The Indian rupee plunged to a fresh record low of over 74 to a USA dollar on Friday late afternoon, after the Reserve Bank of India ( RBI ) maintained its key benchmark lending rates.

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  • Petrol, diesel price cut: States follows Centre’s footsteps, reduce taxes on fuel
Petrol, diesel price cut: States follows Centre’s footsteps, reduce taxes on fuel

Petrol Price Hits Rs 84 in Delhi, Diesel Costs Rs 80 in Mumbai as Fuel Rates Continue to Soar . The reduction follows petrol and diesel prices soaring to new highs. The only option could be to ask the oil companies to freeze prices and recoup losses when rates fall in future. In a boost to oil companies, the Reserve Bank of India (RBI) on Wed...

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  • Brent oil near four-year high ahead of US sanctions against Iran
Brent oil near four-year high ahead of US sanctions against Iran

Brent for December settlement added 1 cent to $84.99 a barrel on the London-based ICE Futures Europe exchange. This would be the first highest trade deal hitting above the USD$85 per barrel threshold since November of 2014. Two sources familiar with OPEC policy told Reuters that Saudi Arabia and other OPEC and non-OPEC producers had discusse...

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  • Amazon Makes a Big Move on Minimum Wage
Amazon Makes a Big Move on Minimum Wage

Sen. Bernie Sanders, the Vermont independent, has lashed out at Amazon recently for failing to pay a "living wage", to workers, leaving some dependent on safety-net programs like food stamps and Medicaid. All hourly USA employees in operations and customer service jobs, including those who made more than $15 an hour, would receive a pay bump in Nov...

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  • Elon Musk Reportedly Says Tesla Is Close to Achieving Profitability
Elon Musk Reportedly Says Tesla Is Close to Achieving Profitability

The Securities and Exchange Commission (SEC) charged Tesla with fraud , alleging that CEO Elon Musk issued "false and misleading" statements . As of Friday afternoon, Tesla's stock price dropped by 14 percent to $264.77, erasing $7.3 billion in shareholder value. That is borne from a multiple reasons - greed is one, but the most commo...

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  • Elon Musk to give up role of Tesla chairman
Elon Musk to give up role of Tesla chairman

Musk will reportedly buy $20 million worth of Tesla's stock at the next trading opportunity, according to a Bloomberg report, citing a person familiar with the matter. The funding had not been secured. Neither Musk nor Tesla admitted or denied the SEC's findings as part of the settlement, which still must be approved by a court.

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  • Elon Musk resigns as Tesla chairman with multi-million dollar settlement
Elon Musk resigns as Tesla chairman with multi-million dollar settlement

Musk and Tesla were also fined $20million each. In the immediate aftermath of the "funding secured" tweet , Tesla stock rose by six per cent. An initial verdict of feat or failure could land as soon as Monday, in the form of Tesla's latest production and deliveries release.

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  • XRP Passes ETH as Cryptocurrency Markets Post Gains Amidst Bitcoin Stability
XRP Passes ETH as Cryptocurrency Markets Post Gains Amidst Bitcoin Stability

XRP's meteoric rise over the past couple of weeks, where it rose from $0.28 to highs of almost $0.80 before stabilizing at its current levels around $0.50, has been widely attributed to a couple of new products that could prove that there are, in fact, practical use-cases for the cryptocurrency.

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  • Instagram founders clash with Zuckerberg, leave Facebook
Instagram founders clash with Zuckerberg, leave Facebook

With roughly 1 billion monthly active users and growing, Waral calculated that Instagram will take in more than $10 billion in revenue over the next 12 months. There are some popular features on Facebook that Instagram may be able to adapt. Socialbakers CEO Yuval Ben-Itzhak does not see the departure of Instagram's founders as anything more t...

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  • Oil prices ease as Trump tweets warning at OPEC
Oil prices ease as Trump tweets warning at OPEC

WTI prices were up Thursday morning on the news that US crude oil inventories were down 2.1 million barrels last week, the fifth straight week of declines. Analysts said that the new export data about Iranian crude oil led to supply concerns due to the declined level compared with the level in April. Incumbents who face challengers in the upcomin...

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  • IEA: Worldwide Oil Supply Reaches Record High During August
IEA: Worldwide Oil Supply Reaches Record High During August

Oil prices fell on Thursday, reversing some of the strong gains from the previous session, as economic concerns raised doubts about ongoing fuel demand growth. This means there will be less strain on other producers in making up for supply losses from Venezuela and Iran as renewed US sanctions kick in.

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  • Coca-Cola considers cannabis-infused drinks
Coca-Cola considers cannabis-infused drinks

Coke says it's following debate over the ingredient Cannabidiol or CBD. Diageo, the maker of Guinness beer, is holding discussions with at least three Canadian cannabis producers about a possible deal, BNN Bloomberg reported last month.

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  • Trump pulls trigger on $200bn more China tariffs
Trump pulls trigger on $200bn more China tariffs

So far, however, the U.S. economy has shrugged off the president's trade war. On June 1, Trump imposed tariffs of 25 per cent on steel and 10 per cent on aluminum from the EU, Canada and Mexico . The White House says it has made it very clear what the USA expects from China regarding trade, but since the country has not complied the president ...

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