Co-founder and CEO of ProcureAM Andrew Chanin discusses investing in space tourism and travel companies. A treaty expiring next year could spell trouble in space for two of the world’s biggest countries. Continue Reading Below The New Strategic Arms Reduction Treaty (New START) – which will expire in February 2021 […]
FOX Business News
Louis Vuitton snags world’s second-largest rough diamond
U.S Ambassador to France Jamie McCourt discusses Louis Vuitton’s decision to produce handbags in Texas. Louis Vuitton, the 166-year-old French luxury label, is expanding its stake in the high-end jewelry market with the purchase of the second-largest rough diamond in human history. Continue Reading Below After the stone is cut […]
US airports to screen passengers from China for new illness
Dr. Mikhail Varshavski on the surging measles crisis. NEW YORK (AP) — U.S. health officials announced Friday that they will begin screening airline passengers arriving from central China for a new virus that has sickened dozens and killed two, prompting worries about a new international outbreak. Continue Reading Below Centers […]
Oil services giant Schlumberger takes $10.1B hit in 2019
Price Futures Group senior market analyst Phil Flynn argues OPEC is underestimating demand for oil as China agrees to buy American energy. Schlumberger suffered a $10.1 billion loss in 2019 as write-downs and waning North American demand for fracking services ate into its bottom line. Continue Reading Below The negative numbers […]
Delta flight skids off taxiway in Midwest storm
School children in Los Angeles speak out after the scary incident; Jonathan Hunt reports on what happened. KANSAS CITY, Mo. (AP) — A plane slid off the taxiway at Kansas City International Airport on Friday due to icy conditions that also have closed schools, universities and government offices as a sprawling […]
Varney: Democrats on ‘wrong side’ of record-breaking history
FOX Business’ Stuart Varney on the historic week which included stock market records and Democratic FOX Business’ Stuart Varney, in his latest “My Take,” compares the difference between Democrats in despair and the markets hitting all-time highs. Continue Reading Below This week, Varney said, House Speaker Nancy Pelosi celebrated the […]
Stocks rally to new records as housing booms
President Trump touts the numerous stock market records that have been reached since he took office. Stocks continued their record run Friday as all three major averages opened at all-time highs, boosted by strong housing data. Continue Reading Below Housing starts surged 16.9 percent in December to an annualized 1.608 million units, […]
Technology could cut train crews from 2 to 1, but is it safe?
A Big Boy locomotive rolled out of a Union Pacific restoration facility, returning to the rails in Wyoming after five years of refurbishment. The train headed toward Utah as part of a tour commemorating the 150th anniversary of the Transcontinental Railroad. OMAHA, Neb. (AP) — How many people does it […]
Bitcoin battles to reclaim 2019 highs
Investdiva.com CEO and ‘Cryptocurrency Investing for Dummies’ author Kiana Danial discusses Bitcoin’s performance at the start of 2020 and the demand for the cryptocurrency. Bitcoin is making its hottest start to a year since 2012. Continue Reading Below The largest cryptocurrency by market capitalization — with a total value of $162 […]
Treasury to start issuing 20-year bonds to fund ballooning deficit
President Trump discusses how tax cuts have given back 9,000 jobs and $1 trillion. The U.S. Treasury, as it seeks a way to finance the skyrocketing budget deficit, is introducing a new 20-year bond in the first half of 2020. Continue Reading Below Officials were previously considering proposals for a 50-year […]