Chicago Federal Reserve President Charles Evans one of the Fed’s most dovish policymakers, said Saturday that he is optimistic inflation will reach the Fed’s 2 percent goal and that slow, gradual rate increases will be appropriate. The Fed next meets to set policy in June, by which time the Fed […]
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Kevin O’Leary sheds a tear and opens up about his rise to millions
Mr. Wonderful might seem tough, but beyond his harsh exterior, Kevin O’Leary is a self-made mogul who earned every bit of his success through dedication and hard work. O’Leary was only seven years old when his father died, leaving his mother alone with two children and a very uncertain future. […]
Car rams into group of German pedestrians in Muenster, leaving several dead
Police in the western German city of Muenster say a vehicle has crashed into a crowd there, killing several people and injuring others. The German news agency dpa has quoted police as saying the driver of that car in Muenster has killed himself. Police tweeted Saturday afternoon that residents should […]
Americans miss out on $22 billion in free travel
Jet-setting Americans are missing out on hundreds of dollars of free travel annually by failing to take advantage of one simple thing: travel-focused credit cards. Collectively, Americans leave $22 billion worth of free travel expenses on the table per year, NerdWallet found in its recent 2018 Travel Credit Card Survey. […]
Bourbon, America’s native spirit, is caught in the cross hairs of Trump’s trade war with China
America’s beloved liquid spirit is caught in the cross hairs of Washington and Beijing’s trade battle. This week, China threatened to slap a 25 percent levy on 106 U.S. products, including types of whiskey such as bourbon. “Bourbon is truly Americana,” began whiskey collector Bill Thomas, proprietor of Washington D.C.’s […]
There’s been a surge in betting on the Masters. Win or lose, thank Tiger Woods
Betting interest in this year’s Masters’ golf tournament is high, the latest sign of a golf gambling boom linked to Tiger Woods’ return to relevance in the sport. This year’s Masters, which generally garners more betting than any other golf tournament on the PGA tour, is estimated to surpass $12 […]
America’s voracious appetite for SUVs and trucks is making the passenger car disappear
After a century of ferrying millions of daily commuters and taking countless family road trips, simple passenger cars are disappearing from American life, and they may not come back. Detroit’s Big Three automakers — Chrysler, Ford and General Motors — pioneered the mass production of the car, but in just […]
Boeing wins $12 billion contract to supply jets for American Airlines, beating Airbus
Boeing has won a closely watched contest to supply 47 new 787 Dreamliner jets to American Airlines, beating European rival Airbus for the highly coveted order of widebody, long-haul aircraft. “This was a difficult decision between the Boeing 787 and the Airbus A350 and A330neo and we thank both manufacturers […]
They tried to boycott Facebook, Apple and Google. They failed.
Ryan Knight, a Democratic activist in Los Angeles, called for a boycott of Apple in February because it hadn’t responded to calls to delete a channel from the National Rifle Association from its streaming-video service after the Parkland, Fla., school shooting. “Dear @Apple,” Mr. Knight wrote on Twitter. “Your silence […]
The Saudi Crown Prince hung out this week with Google execs Sergey Brin and Sundar Pichai
Pics or it didn’t happen. The Saudi Crown Prince Mohammed bin Salman met with a host of Silicon Valley executives this week, including Google co-founder Sergey Brin, Magic Leap CEO Rony Abovitz, and Virgin founder Richard Branson, photos show. Widely known as “MBS,” the Prince stopped by Google’s headquarters in […]