US consumer prices drop, complicating Fed rate hike decision

A tame inflation complicates the Federal Reserve's decision whether to raise interest rates this week. Data show that despite many signs of economic improvement, the pace of growth of US consumer prices last month was well below the central bank's target.


American universities are the most innovative, but Asians are strong contenders

The recent survey from Reuters shows that U.S. universities are the home of the most innovative projects. Though Asian universities have been fairly competent with universities from Korea, Japan, Singapore, and China.

GE Digital aims to be among global top-10 by 2020

American global conglomerate General Electric (GE) has floated a new unit 'GE Digital' to position itself a leader in Industrial Internet of Things. The newly created unit GE Digital will integrate GE software center, knowledge of its global IT teams and industrial security expertise of Wurldtech. Bill Ruh has been appointed as Chief Digital Officer to lead the GE Digital. GE Digital aims to be among global top-10 software companies by 2020.

Jaguar Land Rover: Bond cars for 'Spectre 007'

On October, Bond fans will soon see their hero in cinemas again chasing villians in a hybrid supercar. Jaguar Land Rover provided the cars for the new Bond film 'Spectre' that will surely amaze the one driving it and the audiences as well.


Latest News

Qualcomm announced Quick Charge 3.0. It is a 'next-generation' charger that promises to charge smart phones from 0 to 80% by 35 minutes. The charger will be available alongside Snapdragon processors next year.
In a wireless world full of competition, it leaves Sprint with no choice but to think of a smart strategy to outwit others. So far, Sprint has the best deal compared with other carriers, but who knows what will happen next with the price war still looming around.
The US wireless major Sprint backed bonds tumbled in the market following the downgrade by Moody's, which sees increasing burden of debt maturities, brutal competitions and lack of operational stability for the third largest US wireless company.
The five-year restructuring plan proposed for ailing Caribbean island Puerto Rico has become a center of criticism from economists, who question that who shall benefit from this debt deal. Economists argue that the debt plan overstated the financial requirements of the island.
Tap tap tap, the tech company that developed the third-party $3 Camera+, launched a free version of that revolutionary camera app September 10.
Oil Prices increased Wednesday, but Shell is not expecting a recovery anytime soon. Lower inventories and oil production in US petroleum supply caused a spike on oil prices Wednesday, but giant oil company Shell admitted it will still take longer before any recovery.
Facebook CEO, Mark Zuckerberg, said on Tuesday at Townhall Q&A session that he's working out on a button that would express empathy over sad posts on Facebook.
Venezuelan telecom sector is reeling under pressure as it lacks additional funds availability, the physical currency of dollars. The cash-strapped telecom companies are unable to strengthen their networks. The soaring inflation doesn't allow them to raise a tariff.
The market analysts, economists say that current situation is favoring the US Fed to take a decision on interest rate hike. The improvement in the labor market in low-income jobs is giving much-needed support to the US Fed.
The china's economy slowdown is likely to continue for next three years, predict real-estate developers. The robust growth has led cities to emerge as major infrastructure built up ones. There's opportunity in smaller cities though they can't offer the kind of growth witnessed in cities like Beijing and Shanghai.