A couple of days ago, a mockup render of an alleged new Nexus device have made their way to the internet which could give us a rough idea of what the device could look like. The mockup of these Nexus devices codenamed ‘Sailfish’ and ‘Marlin’ take cues from the current Huawei-made Nexus 6P and HTC’s current flagship: the HTC 10. A redditor took the image of the render from Android Police and edited it into 3 new colors just for fun, silver, white, and red. The Marlin and Sailfish devices are said to have 5.5 and 5-inch screens respectively. Otherwise,…
Author: Deep
Call it a fluke, or call it Samsung’s mistake. Consumer Reports is an American magazine and media outlet supported by its own subscribers to perform rigorous testing of all kinds of consumer products from cameras to cars. The Galaxy S7 active (as well as the other S7 models) is rated for up to 5 feet deep of water for up to 30 minutes. Consumer reports simulated this test with the Galaxy S7 and S7 edge, but also did the same test for the Galaxy S7 active. Consumer Reports uses a tank of water which is placed under 2.12 PSI (about…
Mark Elias | Bloomberg | Getty Images The NYK Joanna container ship sits docked at the Dante B. Fascell Port of Miami-Dade County in Miami, Florida. The U.S. trade deficit widened more than expected in May as rising oil prices helped to push up the import bill and exports remained constrained by the lingering effects of a strong dollar. The Commerce Department said on Wednesday the trade gap increased 10.1 percent to $41.1 billion. April’s trade deficit was unrevised at $37.4 billion. Economists polled by Reuters had forecast the trade deficit rising to $40.0 billion in May. When adjusted for…
Kate Patterson | The Washington Post | Getty Images The chef at Brookline’s Finest restaurant in Washington. The pace of growth in the U.S. economy’s service sector increased in June by the fastest pace in seven months, according to an industry report released on Wednesday. The Institute for Supply Management (ISM) said its index of non-manufacturing activity rose to 56.5 from 52.9 the month before. The reading was above expectations of 53.3 from a Reuters poll of 62 economists and was the highest reading since November. A reading above 50 indicates expansion in the service sector and a reading below…
Getty Images Daniel Tarullo Federal Reserve Governor Daniel Tarullo on Wednesday said there is no need to raise U.S. interest rates until there is convincing evidenceinflation is moving towards the Fed’s target on a sustained basis. Tarullo, who as a governor has a vote at every Fed policy meeting, said the cautious approach was particularly warranted as the world digests the impact of Britain’s vote to leave the European Union. “I want to be more convinced that the underlying rate of inflation is around 2 percent,” Tarullo said at a Wall Street Journal event in Washington. U.S. inflation outside of…
JB Reed | Bloomberg | Getty Images A cashier counts a customers money as she works the register inside a Home Depot in Somerville, Massachusetts. Getting fired for getting old — or never being considered for an opening in the first place — is a problem that’s only going to get worse. America’s workforce is getting older, and fast. By 2022, about 35 percent of the U.S. labor force will be over 50, according to AARP. That’s up from 25 percent in 2002. At the same time, a stubbornly middling economic recovery continues to set old workers against younger ones,…
. Millennials are essential to winning the upcoming presidential election. So Hillary Clinton and Donald Trump: If you’re listening, here’s what it’s going to take. I’m no political expert. But I’m an expert on millennials and millennials hold the keys to the White House. If you have any doubt about how important young voters are, just ask Mitt Romney. In 2012, young voters were decisively in favor of Barack Obama, giving him a keen advantage over his opponent. This year, millennials came out in droves for Bernie Sanders, proving that if you’re speaking the right language, young voters are willing…
China’s internet regulator will launch a crackdown on the reporting of news gathered from social media, as part of what the government calls a campaign against fake news and the spreading of rumours. In a statement late on Sunday, the Cyberspace Administration of China said that online media cannot report any news taken from social mediasites without approval. “It is forbidden to use hearsay to create news or use conjecture and imagination to distort the facts,” it said. Adam Jeffery | CNBC Social media logos for Tumblr, Facebook and Yelp. All levels of the cyberspace administration must earnestly fulfil their…
The U.K.’s decision to leave the EU last month has ignited fears of an exodus of banking talent from the City of London, but a little-known set of rules is being drafted that could well bypass post-Brexit barriers and allow access to the privileges the country had before. Implementation of the so-called Markets in Financial Instruments Directive II (MIFID II) in January 2018 could give banks from non-EU member states a legal advantage, essentially doing away with cross-border restrictions and allowing for standardized licensing for most financial services. CNBC looks at what MIFID II could mean for the British finance…
After six turbulent months, there’s good news for Wall Street banks, and there’s bad news. The good news first: it’s likely getting better. Of course, that comes as big banks try to rebound from the bad news: It’s been the worst start to a year, on a number of metrics, since the global financial crisis. Bankers say that despite the shock Brexit vote in late June, there are more corporate buyers weighing big M&A deals and more companies eyeing the IPO window after seeing signs of life in the U.S. market. Now, some market watchers have become hopeful that there…