UNITED NATIONS – The United Nations says the global economy is growing by about 3 percent — its highest rate since 2011 — and a significant acceleration from last year. Continue Reading Below In its annual economic report and forecast released Monday, the U.N. says the upturn stems predominantly from […]
FOX Business News
Waiting for Congress, Mnuchin makes 2nd emergency debt move
WASHINGTON – Treasury Secretary Steven Mnuchin said Monday he is making a second emergency move to keep the government from going above the debt limit while awaiting congressional action to raise the threshold. Continue Reading Below In a letter to congressional leaders, Mnuchin said he will not be able to […]
Report: Firm buying Revel casino for $200M; owner denies it
ATLANTIC CITY, N.J. – A Wall Street ratings firm says a Colorado company is buying the former Revel casino in Atlantic City, New Jersey, for $200 million, but the mercurial owner of the shuttered casino insists there’s no deal. Continue Reading Below Moody’s Investors Service issued a report Monday saying […]
How a Federal Reserve Rate Hike Could Impact Your Auto Loan – And One Factor That Matters More
The Federal Reserve’s Federal Open Market Committee is widely expected to announce another 25-basis-point increase in the target federal funds rate on Wednesday. This would bring the benchmark interest rate to a target range of 1.25%-1.50%, up from 1.00-1.25% currently. Since auto loan rates often follow the fed funds rate, […]
Spurned medical marijuana applicant pushes new pot issue
COLUMBUS, Ohio – A high-profile proponent of marijuana legalization who was spurned as an applicant for a medical marijuana grower’s license announced plans on Monday for a 2018 Ohio ballot issue to legalize the sale and possession of marijuana. Continue Reading Below The proposal from Green Light Acquisitions would make […]
Enzo Biochem (ENZ) Q1 2018 Earnings Conference Call Transcript
Enzo Biochem (NYSE: ENZ)Q1 2018 Earnings Conference CallDec. 8, 2017 8:30 a.m. ET Continue Reading Below Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator [Audio gap] Q4 2018 operating results Conference Call. I’ll now read the company’s safe harbor statement. Except for historical information, the matters discussed […]
3 Stocks the World’s Best Investors Are Buying Now
Picking winning stocks is a difficult task, even for experienced investors. But the most successful folks on Wall Street have resources the rest of us don’t, and (by definition) a reasonably good track record. So if you’re looking for some new stock ideas — or for a reason to revisit […]
Tribes decry proposal for co-management of Utah monument
FLAGSTAFF, Ariz. – President Donald Trump’s decision to drastically reduce and break up a national monument in Utah wasn’t the only blow Native American tribes say they were dealt last week. Continue Reading Below The proclamation Trump signed changes the makeup of a tribal advisory commission for Bears Ears National […]
Mario Batali tripped up by sexual misconduct allegations
NEWARK, N.J. – Mario Batali has surrendered oversight of daily operations at his restaurant empire following reports of sexual misconduct by the celebrity chef over a period of at least 20 years. Continue Reading Below The online site Eater New York, part of Vox Media, reported Monday that the incidents […]
Polish media regulator fines US-owned news channel $420,000
WARSAW, Poland – Poland’s media regulator has imposed a fine of nearly 1.5 million zlotys ($420,000) on a private news channel for what it alleges was unfair reporting during a political crisis last year. Continue Reading Below The broadcaster, TVN24, said it will appeal what it called an “unfounded” penalty. […]