U.S. homebuilders are feeling more optimistic than they have in months, looking past a recent slowdown in new home sales and the risk of rising labor and materials costs following hurricanes Harvey and Irma. Continue Reading Below The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday rose […]
FAN Editor
3 Things Kinder Morgan Inc Investors Should Keep an Eye on This Quarter
This year has been a frustrating one for Kinder Morgan (NYSE: KMI) investors, considering that shares are down more than 9% since January. That decline is a bit of a head-scratcher since the company’s underlying operations have outperformed expectations, enabling it to remain slightly ahead of pace on its full-year […]
Boeing slams Airbus, Bombardier deal as means to ‘skirt’ US trade findings
European airplane manufacturer Airbus announced it would take a majority stake in Canadian plane maker Bombardier’s C-Series jet program on Monday, a deal viewed by Airbus’ main competitor – Boeing (BA) – as a way to potentially sidestep recent findings by U.S. trade courts. Continue Reading Below Airbus has acquired […]
‘A Murder on Orchard Street’: The witnesses
Riding along with the police is exactly what I love about my job. I go where most people can’t or won’t or shouldn’t go, to observe the real people behind the scenes and experience the day-to-day lives that only insiders know about. After eight months of spending nearly seven-days-a-week with […]
Powell likely next Fed chief, though Yellen best suited: economists
FILE PHOTO: Federal Reserve Board Governor Jerome Powell discusses financial regulation in Washington, U.S., October 3, 2017. REUTERS/Joshua Roberts October 17, 2017 By Jonathan Cable LONDON (Reuters) – Jerome Powell likely will be the next Federal Reserve chairman, according to a slim majority of economists in a Reuters poll – […]
Coming of age in an era of prosperity: Meet China’s ‘bubble generation’
Chinese President Xi Jinping arrives to hold a press conference at the BRICS Summit in Xiamen, Fujian province, China September 5, 2017. REUTERS/Fred Dufour/Pool October 17, 2017 By John Ruwitch and Anita Li WUHAN, China (Reuters) – Call them China’s bubble generation. They were born after the crushing of the […]
New cancer drugs help J&J top profit estimates
FILE PHOTO: Bottles of Johnson’s baby oil, made by Johnson & Johnson, are seen on a supermarket shelf in Seattle, Washington, U.S., February 10, 2017. REUTERS/Chris Helgren/File Photo October 17, 2017 (Reuters) – Johnson & Johnson reported a higher-than-expected quarterly profit and raised its full-year forecast as the company gained […]
US industrial production rose a solid 0.3 percent in September, but growth stunted by hurricanes
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US worried about dwindling independent media in Hungary
BUDAPEST, Hungary – The top U.S. diplomat in Hungary raised concerns on Tuesday about the dwindling numbers of independent media outlets in Hungary and the growing influence of government allies in the media market. Continue Reading Below David Kostelancik, the charge d’affaires at the U.S. Embassy, said that while there […]
Trump: Drug czar nominee, Rep. Marino, withdrawing his name
President Donald Trump says the Pennsylvania congressman he chose to be the nation’s drug czar is withdrawing from consideration for the job. Trump’s announcement Tuesday on Twitter follows reports that Republican Rep. Tom Marino played a key role in passing a bill that weakened the federal government’s authority to stop […]