If you’re worried about the market’s record run coming to an end, one Bank of America strategist says fear not— because there’s a strong technical case for a rally through 2018. According to Stephen Suttmeier, chief equity technical strategist at Bank of America, the advance-decline line of the S&P 500 […]
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FCC chides Hawaii on lack of safeguards to prevent ‘unacceptable’ false alerts
The chairman of the Federal Communications Commission said on Sunday that Hawaii apparently did not have adequate safeguards in place to prevent a false emergency alert and that government officials must work to prevent future incidents. The FCC “will focus on what steps need to be taken to prevent a […]
2 GOP senators cast doubt on Trump’s inflammatory remark about immigrants, but Graham won’t defend
A Republican senator is insisting that President Donald Trump did not use a vulgar term in referring to African countries during a closed-door meeting on immigration that he and five other senators attended last week. Georgia Senator David Perdue called reports describing Trump as using vile language in the meeting […]
6 digital health predictions for 2018
Steve Kraus, one of the most active health-tech investors in the industry, gave his predictions for 2018, following the J.P. Morgan Healthcare Conference this week in San Francisco. I think the public markets will remain closed in 2018 for health-tech companies. However, I do expect 2019 and the years beyond […]
GOP senators cast doubt on whether Trump really made inflammatory comments about Africa, Haiti
A Republican senator is insisting that President Donald Trump did not use a vulgar term in referring to African countries during a closed-door meeting on immigration that he and five other senators attended last week. Georgia Senator David Perdue called reports describing Trump as using vile language in the meeting […]
What Egypt needs to do to keep the money flowing to its economy ahead of March’s election
Egypt is still grappling with domestic tensions, and has the uncertainty of a presidential election on the horizon. Investors, however, appear unfazed, and are betting that a host of economic reforms and an International Monetary Fund (IMF) funding program will pay off. Foreign investment into Egypt’s stock market recently hit […]
Trump declares that a deal to protect immigrant ‘Dreamers’ is ‘probably dead,’ and faults Democrats
President Donald Trump says a program to protect immigrants brought into the U.S. illegally as children is “probably dead.” The Republican president tweets that “Democrats don’t really want it,” referring to the Deferred Action for Childhood Arrivals program. The Obama-era program shields these individuals, commonly referred to as “Dreamers,” from […]
‘Shark Tank’s’ Robert Herjavec is always willing to splurge $15 for valet parking—here’s why
Everyone has something they’re willing to splurge on. For star of ABC’s “Shark Tank” Robert Herjavec, that thing is valet parking. “It’s one of the things I love about LA,” Herjavec tells CNBC Make It. “Everywhere has valet — it saves so much time. You just pull up, get out […]
Trump says a deal to protect immigrant ‘Dreamers’ is ‘probably dead,’ faults Democrats
President Donald Trump says a program to protect immigrants brought into the U.S. illegally as children is “probably dead.” The Republican president tweets that “Democrats don’t really want it,” referring to the Deferred Action for Childhood Arrivals program. The Obama-era program shields these individuals, commonly referred to as “Dreamers,” from […]
Massive earthquake in Peru leaves at least 2 dead, 17 missing
A strong magnitude 7.1 earthquake struck the coast of southern Peru on Sunday morning, leaving two dead, 17 missing and several dozen injured, while causing homes and roads to collapse. The quake hit offshore at 4:18 a.m. local time at a depth of around 36 km (22.4 miles), the U.S. […]