WASHINGTON – House Republicans are set to unveil their far-reaching tax overhaul Thursday, making major changes yet looking to preserve current tax rules for retirement accounts popular with middle-class Americans and to retain a top income-tax rate for million-dollar earners. Continue Reading Below GOP negotiators scrambled this week to finalize […]
FOX Business News
Shell profit jumps on strong refining, cash flow slows
Royal Dutch Shell reported a forecast-beating 47 percent profit jump to $4.1 billion on Thursday, driven by gains in oil refining and trading operations. Continue Reading Below Cash flow from operations in the third quarter, however, fell by 11 percent from a year earlier to $7.58 billion, ending a run […]
Asian shares mostly lower as investors await next Fed leader
SEOUL, South Korea – Asian stock markets were mostly lower on Thursday as investors awaited President Donald Trump’s announcement on his choice to lead the Federal Reserve. Some markets were pressured by investors locking in profits from recent gains. Continue Reading Below KEEPING SCORE: Tokyo’s Nikkei 225 bucked the trend […]
Apple market value: We may need a bigger chart
Apple Chief Executive Tim Cook quashed concerns recently about muted demand for the iPhone X, saying pre-orders for the 10th anniversary smartphone were “off the charts,” but it might be the company’s market capitalization that needs a bigger graph. Continue Reading Below Positive reviews for the new device and expectations […]
Houston, We have a Champion
From laughingstock to lift off. Continue Reading Below George Springer and the Houston Astros rocketed to the top of the baseball galaxy Wednesday night, winning the first World Series championship in franchise history by romping past the Los Angeles Dodgers 5-1 in Game 7. Playing for a city […]
Astros win 1st World Series crown, top Dodgers 5-1 in Game 7
From laughingstock to lift off. Continue Reading Below George Springer and the Houston Astros rocketed to the top of the baseball galaxy Wednesday night, winning the first World Series championship in franchise history by romping past the Los Angeles Dodgers 5-1 in Game 7. Playing for a city […]
Bank of England set to raise rates for first time since 2007
The Bank of England looks set to raise interest rates for the first time in more than 10 years on Thursday, despite economic growth appearing weaker than before any other increase in borrowing costs in the past 20. Continue Reading Below Almost all economists polled by Reuters expect the BoE […]
Oil stable as U.S. crude inventories fall despite rising production
Oil prices held steady on Thursday as U.S. crude inventories fell despite a rise in production, while outside the United States an OPEC-led supply cut continued to tighten the market. Continue Reading Below Brent futures, the international benchmark for oil prices, were at $60.56 per barrel at 0417 GMT, up […]
Oil up as U.S. crude inventories fall despite rising production
Oil prices edged up on Thursday as U.S. crude inventories fell despite a rise in production, while outside the United States an OPEC-led supply cut continued to tighten the market. Continue Reading Below Brent futures, the international benchmark for oil prices, were at $60.64 per barrel at 0219 GMT, up […]
House GOP’s evolving tax bill leaves retirement plan intact
WASHINGTON – House Republicans would leave intact current tax rules on retirement accounts popular with middle class Americans and maintain a top income tax rate for million-dollar earners as negotiators scrambled to finalize the first major overhaul in three decades. Continue Reading Below The legislation is a long-standing goal for […]