In Spite of significant decrease in interest and net expenditures in the fiscal fourth quarter, which ended on January 31 Wal-Mart Stores witnessed an year on year drop in its total sales as well as net revenue. The main reason attributed to the decline is an unfavorable rate of foreign currency exchanges.
Most of the major car makers are trying to establish their presence in the self driving car world and Ford Motor Co. and General Motors Co are no different.
None of the car companies are doing it alone and will be depending highly on their software-developing partners in the Silicon Valley and San Francisco.
The mortgage rates pulled back close to its yearly low after lingering higher for the last couple of weeks. It started moving back in the previous week following the meeting of the Federal Reserve where the central bank officials revealed concerns about the slow growth of the U. S economy.