The windfall from President Donald Trump‘s tax-cut helped push dividend payments by companies to a new record, S&P Dow Jones Indices said Tuesday. First quarter dividend payments for the S&P 500 hit a high of $12.79 per share, one cent above the previous record set in the fourth quarter of […]
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Trump keeps calling for major legislation, but Congress isn’t listening – especially with midterms on the way
President Donald Trump ramped up his rhetoric on a slew of policy goals this week — but with the 2018 midterms fast approaching, his legislative hopes for this year are receding. In campaign-style rallies and on social media, Trump has called on Congress to pass a largely state-funded infrastructure spending […]
DC officials call Rubio’s stance on gun control hypocritical
It was one week after the fatal shootings at a Parkland, Florida high school, and Republican Sen. Marco Rubio was looking to show solidarity with an angry crowd of parents and students in his home state. He told them — and a national television audience — that 18-year-olds should not […]
‘Black Panther’ tops ‘Frozen’ and claws its way into top 10 movies of all time
Disney‘s surprise megahit “Black Panther” continued to climb to new heights this week, earning a place in the top 10 movies of all time. The box-office haul for the superhero flick rose to $1.28 billion worldwide through Monday. That was enough to knock Disney’s animated musical “Frozen” — itself a […]
John Williams named to take over key New York Fed president post
John Williams will move from one coast to the other and take on the pivotal New York Federal Reserve president’s position, the central bank announced Tuesday. Long rumored for the job, Williams will exit the president’s post he held in San Francisco since 2011. As head of the New York […]
Art Cashin: Markets hold modest gains — Trump Amazon tweet could’ve ‘doomed the week’
Markets managed to deny another sell-off even after President Donald Trump went after e-commerce giant Amazon for the fourth time in a week, closely followed trader Art Cashin told CNBC on Tuesday. Stocks briefly fell early in the day after Trump took to Twitter to reinforce his assessment that Amazon’s […]
New York gives the green light to retirement plan for workers without one
New York has become the latest state to give the nod to a retirement savings program for workers who lack access to one where they work. Endorsed by the state legislature on Saturday via approval of its fiscal 2019 budget, the program would be similar to others cropping up around […]
US stocks suffer second biggest outflow ever in first quarter as investors flee the sell-off
A stunning $63.3 billion left U.S. stock funds in the first quarter, the second largest ever, while $63.9 billion poured into global equities funds. Trim Tabs said the U.S. outflows from mutual funds and exchange-traded funds were second only to the $68 billion that left U.S. equity funds in the […]
Here’s how to score a job at Netflix, says the company’s former HR boss
Last year, Netflix took the ninth spot on Comparably’s 50 Best Places to Work list. This year, the company ranked No. 10 on LinkedIn’s list of top companies where U.S. professionals want to work. With award-winning shows, which include “Masters of None” and “Orange is the New Black,” and over […]
Brothers erased a 170-pound weight difference in a year to win $150,000
A pair of poker-playing brothers won $150,000 by erasing the 170-pound weight difference between them in just one year. Jaime and Matt Staples made the bet with energy trader Bill Perkins of Skylar Capital. To win, they needed to be within one pound of each other one year to the […]