FILE PHOTO: The logo of the Venezuelan state oil company PDVSA is seen at a gas station in Caracas, Venezuela March 2, 2017. REUTERS/Carlos Garcia Rawlins/File Photo October 30, 2017 By Corina Pons and Brian Ellsworth CARACAS (Reuters) – Bondholders have not yet received an $842 million payment that Venezuelan […]
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Trump likely to pick Fed’s Powell to lead central bank: source
FILE PHOTO: Jerome H. Powell, a governor on the board of the Federal Reserve System, prepares to testify to the Senate Banking Committee on Capitol Hill in Washington, U.S., June 22, 2017. REUTERS/Joshua Roberts/File Photo October 30, 2017 By Steve Holland WASHINGTON (Reuters) – President Donald Trump is likely to […]
White House downplays Papadopoulos’ Trump campaign role
White House press secretary Sarah Huckabee Sanders downplayed George Papadopoulos’ role within President Trump’s campaign, referring to him as a “volunteer.” “He was a volunteer member of an advisory council that met one time,” Sanders told reporters Monday afternoon during the White House press briefing. FILE: George Papadopoulos George Papadopoulos […]
W.H. downplays Papadopoulos’ role in Trump campaign
White House press secretary Sarah Huckabee Sanders downplayed George Papadopoulos’ role within President Trump’s campaign, referring to him as a “volunteer.” “He was a volunteer member of an advisory council that met one time,” Sanders told reporters Monday afternoon during the White House press briefing. FILE: George Papadopoulos George Papadopoulos […]
White House downplays Papadopoulos’ role in Trump campaign
White House press secretary Sarah Huckabee Sanders downplayed George Papadopoulos’ role within President Trump’s campaign, referring to him as a “volunteer.” “He was a volunteer member of an advisory council that met one time,” Sanders told reporters Monday afternoon during the White House press briefing. FILE: George Papadopoulos George Papadopoulos, […]
Wild World Series Game 5 beats NFL in TV ratings
A wild Game 5 of the World Series routed the NFL’s Sunday Night Football matchup on TV. Continue Reading Below Sunday’s game between the Houston Astros and Los Angeles Dodgers was the second-highest rated Game 5 since 2003, only falling short of last year’s Cubs-Indians World Series. It was also […]
This chart of small caps rolling over shows market rally is hinging on tax reform
The sharp downturn in small-cap stocks on Monday is raising a flag with investors that the stock market may have priced in corporate tax cuts to a greater extent than previously thought. The Russell 2000 took a big hit on Monday, falling more than 1 percent, after Bloomberg News reported […]
ANALYSIS: Mueller makes bold first moves, how will Trump respond?
Special Counsel Robert Mueller has shown his first cards – and they make statements by themselves. The next move belongs to President Donald Trump, setting up a clash that could reverberate through the rest of his presidency. On one level, the first action from Mueller’s team produced a narrow pair […]
Savings rate hits lowest since financial crisis as Americans take on more risk
Americans are saving at the lowest pace in nearly 10 years, a sign of growing confidence as money pours into risk. The savings rate in September fell to 3.1 percent, according to Commerce Department data released Monday. That’s the weakest level since December 2007, just as the U.S. economy was […]
Bitcoin makes up nearly a third of Bill Miller’s market-crushing hedge fund, report says
A hedge fund run by legendary investor Bill Miller now has about 30 percent of its assets in bitcoin, up from 5 percent last year, The Wall Street Journal reported Friday, citing an interview with Miller. The fund, MVP 1, bought its bitcoin for an average $350 each, the Journal […]