WASHINGTON – Federal Reserve Chair Janet Yellen will meet with President Donald Trump on Thursday to discuss the possibility of a second term as head of the central bank, a source familiar with the administration’s Fed search said Monday. Continue Reading Below Trump has said Yellen is one of several […]
FAN Editor
Key moments from Trump’s wide-ranging press conference with McConnell
In a wide-ranging, impromptu press conference from the White House Rose Garden Monday, President Donald Trump — joined by Senate Majority Leader Mitch McConnell — addressed a number of his administration’s current goals as well as ongoing controversies. For over 30 minutes, Trump touched on the rumors of his rocky […]
Netflix subscriber adds beat estimates as original shows lure viewers
FILE PHOTO: The Netflix logo is pictured on a television remote in this illustration photograph taken in Encinitas, California, U.S., on January 18, 2017. REUTERS/Mike Blake/File Photo October 16, 2017 (Reuters) – Video-streaming pioneer Netflix Inc <NFLX.O> added more subscribers than expected in the third quarter as original shows such […]
U.S. issues presidential permit to Enbridge cross-border crude pipeline
Crude oil storage tanks at Enbridge’s facility in Sherwood Park are seen against the skyline of Edmonton, Alberta, Canada November 13, 2016. REUTERS/Chris Helgren October 16, 2017 By Nia Williams CALGARY, Alberta (Reuters) – After years of regulatory delays, the United States on Monday issued a presidential permit to a […]
Exelixis and Ruby Tuesday rise while Nordstrom and Tesla dip
NEW YORK – Stocks that moved substantially or traded heavily Monday: Continue Reading Below Aramark, up 20 cents to $42.53 The food, facilities and uniform company agreed to make two acquisitions for $2.35 billion. Tesla Inc., down $4.97 to $350.60 The electric car maker fired several hundred workers. Exelixis Inc., […]
Anti-corruption blogger killed by huge bomb in Malta
A forensics expert walks in a field after a powerful bomb blew up a car (Rear) killing investigative journalist Daphne Caruana Galizia in Bidnija, Malta, October 16, 2017. REUTERS/Darrin Zammit Lupi October 16, 2017 By Chris Scicluna VALLETTA (Reuters) – Daphne Caruana Galizia, Malta’s best-known investigative journalist, was killed on […]
Fund manager Novogratz agrees to advise ethereum-based digital coin exchange
A famed Wall Street investor behind what may become the largest digital assets investment fund is moving deeper into the world of digital coins. Former Fortress hedge fund manager Michael Novogratz agreed on October 4 to join the board of advisors at a new token exchange project. The news has […]
Wall St. inches up with financials; earnings in focus
All three major U.S. stock index rose to record closing highs on Monday, with the Dow Jones Industrial Average less than 50 points below 23,000, ahead of a long list of earnings this week and as financial shares recovered from last week’s losses. Continue Reading Below JPMorgan Chase <JPM.N> and […]
Which generation will retire the richest?
According to a new study published earlier this month by NerdWallet, millennial parents (ages 18-34) are set to out-save other generations. Continue Reading Below The study found that millennial parents are contributing a median 10% of their annual income to their retirement savings. Generation X parents (ages 35-54) are contributing […]
Jamie Dimon is betting big on the technology behind ‘fraud’ bitcoin
The largest U.S. bank is investing in the blockchain technology behind bitcoin, despite its CEO calling the digital currency a “fraud.” In September, JPMorgan Chase Chairman and CEO Jamie Dimon said bitcoin is a “fraud” that “won’t end well.” Dimon added Friday that if people are “stupid enough to buy” […]