The U.S. economy grew faster than initially thought in the third quarter, notching its best performance in two years, amid solid consumer spending and a jump in soybean exports. Gross domestic product increased at a 3.5 percent annual rate instead of the previously reported 3.2 percent pace, the Commerce Department said in its third GDP estimate on Thursday. Growth was the strongest since the third quarter of 2014 and followed the second quarter’s anemic 1.4 percent pace. Output was also lifted by upward revisions to business investment in structures and intellectual property products, underscoring the economy’s solid fundamentals, which contributed…
Author: Deep
Read More
Newly tapped as counselor to the president, Kellyanne Conway told CNBC on Thursday that Democrats facing re-election will help pass tax reform. Conway, who was named counselor by President-elect Donald Trump earlier Thursday, drew parallels to the path of former President George W. Bush’s tax cuts. “Bush was able to push through his tax relief package in June 2001 with the help of many Democratic U.S. senators, many of whom were up for election the following year in 2002,” she said on “Squawk Box.” “We see a great analogy there to 2018,” she argued, citing the 25 Democratic seats up…
A measure of consumers’ attitudes rose to its highest level since January 2004. The Index of Consumer Sentiment hit 98.2 in December, the University of Michigan reported on Friday. The figure is up from 93.8 in November’s final reading. Economists expected the consumer sentiment index to hit 98 in December’s final reading, according to a Thomson Reuters consensus estimate. The surge in confidence following President-elect Donald Trump’s surprise election aided in the numbers, the report said. “Compared with the rapid gains made in late November and early December, the Sentiment Index was barely higher than at mid month and barely…
A measure of consumers’ attitudes rose to its highest level since January 2004. The Index of Consumer Sentiment hit 98.2 in December, the University of Michigan reported on Friday. The figure is up from 93.8 in November’s final reading. Economists expected the consumer sentiment index to hit 98 in December’s final reading, according to a Thomson Reuters consensus estimate. The surge in confidence following President-elect Donald Trump’s surprise election aided in the numbers, the report said. “Compared with the rapid gains made in late November and early December, the Sentiment Index was barely higher than at mid month and barely…
Over three lakh school children in Kerala will soon come under the ICT Club, the largest students’ IT network in the country. The programme would be implemented in state run schools and a committee would be set-up with the headmaster as convener to coordinate the school level activities of the programme. Representative Image RELATED STORIES Tripura to provide home-based formal education for differently-abled children CAT Results 2016: To be out soon at iimcat.ac.in Madrasas and pathshalas will induct state board curriculum: NCPCR, Delhi Chandigarh school kids adopt ‘Wall of kindness’ campaign to look after the needy Over three lakh school…
The BISAG started its educational channel with an objective to spread awareness about education channels, address the problem of untrained and subpar teachers by providing various subjects experts. e-content RELATED STORIES Tripura to provide home-based formal education for differently-abled children CAT Results 2016: To be out soon at iimcat.ac.in Madrasas and pathshalas will induct state board curriculum: NCPCR, Delhi Chandigarh school kids adopt ‘Wall of kindness’ campaign to look after the needy Nursery Admissions 2017 begins today After acknowledging the astounding advantages of digital aspect in the education system, the Bhaskaracharya Institute for Space Applications and Geo-informatics (BISAG) in the…
Dell has just improved its already brilliant XPS 13—it will now be available as a 2-in-1, which means the device has the versatility to be a laptop or a tablet. I had the chance to play around with the device prior to CES. It has a clever design and wowed me with its sleek design and edge-to-edge screen, but it won’t come cheap. The starting price of the XPS 13 2-in-1 is $999, and it’ll start shipping this month. That’s about $200 more than the starting price of the XPS laptop. You are paying more for the versatility of the…
Lenovo is dipping its toe into the smart home market with two new product announcements at CES: a new smart speaker that will be powered by Amazon’s Alexa Voice Service, and a wireless NAS box that that promises to help organize your digital photo library using onboard facial-recognition software. The Lenovo Smart Assistant ($130) looks like a mashup of an Amazon Echo and a Google Home, blending the former’s cylindrical form factor with the latter’s pastel-colored fabric speaker grill (buyers can choose light gray, green, or orange). The base model will come with a single tweeter powered by a 5-watt…
It looks like Lenovo’s toe-dip in the gaming laptop market has been successful enough to make the company’s gaming aspirations more permanent. Announced at CES on Tuesday, Lenovo’s gaming laptops have been spun off to a “Legion” sub-brand—which is definitely more fitting than the “IdeaPad” designation of the 2016 models. The new Y520 and Y720 models will be the first to bear the Legion name. LenovoThe laptops include the obligatory under-the-hood tune ups one would expect of a 2017 update. Both the Y520 and Y720 feature up to seventh-generation Intel Core i7 processors, Nvidia’s 10-series graphics cards, 16GB of DDR4…
Sony has started rolling out a new update to its Xperia XZ and X Performance smartphones. It’s a minor, bug-fixing update that bumps the build number from 39.2.A.0.361 to version 39.2.A.0.374. This is the second update that has been rolled out to these devices ever since they received Nougat. The last update brought along Android security fixes for the month of December. As is usually the case with OTA roll outs, it may take sometime for the update notification to pop up on your device’s screen. Meanwhile, if you feel impatient, you can manually check for the update by heading…