US federal government reports widest deficit in six years

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Source: Dukascopy Bank SA
The federal government closed the fiscal year of 2018 with $779B in the red, as the government paid more to service an increasing national deb and tax cuts hurt revenues, the Treasury Department reported.
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Tue, 16 Oct 2018 02:36:14 GMT

Twilio to purchase SendGrid in $2B deal

Cloud technology business Twilio stated that it is likely to buy email tech firm SendGrid in an all-stock deal valued at nearly $2B, combining two companies that handle communications between users.

Mon, 15 Oct 2018 20:19:26 GMT

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The US retail sales rose modestly in September, as a jump in purchases of motor vehicles was offset by the largest decline in spending at bars and restaurants in nearly two years.

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