The back and forth about President Donald Trump‘s condolence calls to the families of four fallen American soldiers in Niger has raised questions about the U.S. military presence in the West African country. Here are some answers to questions you might have about the U.S. military presence in Niger, West […]
FAN Editor
The 2017 chart of the stock market looks ‘eerily similar’ to the one that crashed 30 years ago
The S&P 500’s daily price chart this year looks “eerily” like that of 1987, but that’s about the only similarity between the market then and now, one of Wall Street’s longtime market strategists pointed out. “Indeed, when comparing the daily index levels for the S&P 500 in 1987 with the […]
Corporations to keep tax break lost by millions of Americans
WASHINGTON – Millions of Americans would lose a prized tax break under President Donald Trump’s sweeping revamp of the tax code, but corporations would get to keep it. Continue Reading Below The Republican proposal would eliminate the federal deduction for state and local taxes, a widely popular break used by […]
Latest: Analyst: Refinery fire unlikely to affect gas prices
EL SEGUNDO, Calif. – The Latest on a refinery fire near Los Angeles (all times local): Continue Reading Below 10:40 a.m. A petroleum industry analyst says a fire that erupted at the West Coast’s largest oil refinery is unlikely to have an effect on gas prices. No injuries were reported […]
Minnesota submits low-budget bid for Amazon
ST. PAUL, Minn. – Minnesota filed its bid for Amazon’s second headquarters on Wednesday, hoping to get a great deal on a mammoth development plum by offering a package of financial incentives likely far smaller than other states. Continue Reading Below State officials and regional economic development agencies spent more […]
Boardroom pay has risen nearly 20%, twice the gain of the average American worker
Directors sitting in corporate boardrooms got a pay raise twice that of the average American worker, and it’s not even a full-time job. From fiscal 2012 to 2016, the median annual compensation for board members rose 19.5 percent, to $245,000, corporate board data company Equilar said Wednesday. The study analyzed […]
Dow stays above 23,000-mark on IBM surge
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 13, 2017. REUTERS/Brendan McDermid October 18, 2017 By Sruthi Shankar (Reuters) – The Dow Jones Industrial Average rallied above the 23,000-mark on Wednesday, propelled by IBM’s 9 percent surge after the computing giant […]
Canada’s Tragically Hip singer Gord Downie dies, PM weeps
FILE PHOTO: Gord Downie performs with band members to kick off the “Man Machine Poem” tour in light of Downie’s brain cancer diagnosis, in Victoria, B.C., July 2016. REUTERS/Kevin Light October 18, 2017 TORONTO (Reuters) – The death of Tragically Hip frontman Gord Downie, a music superstar beloved for songs […]
Egged off: EU summit venue switched after noxious fumes
People walk past the Europa Building, also known as “The Egg” which was evacuated after toxic fumes from kitchen drains, forcing the European Union to switch the venue of its summit in Brussels less than 24 hours before leaders were due to begin the two-day meeting, in Brussels, Belgium, October […]
Trader makes $4 million bet on major pullback for financials
The financials have been on fire, but one trader is making a more than $4 million bet that the run is done. The financials ETF, XLF, has rallied 13 percent this year with 5 percent of those gains in the past month alone. According to Dan Nathan of RiskReversal.com, sentiment […]