More than $50 million worth of gold bars, coins, and dust that’s been described as the greatest lost treasure in U.S. history is about to make its public debut in California after sitting at the bottom of the ocean for more than 150 years. The 3,100 gold coins, 45 gold […]
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Rosenstein approved surveillance extension of former Trump adviser Carter Page
U.S. Deputy Attorney General Rod Rosenstein approved to extend surveillance of former Trump campaign adviser Carter Page shortly after assuming office last spring, The New York Times reported, citing people familiar with a secret Republican memo. The extension shows the Department of Justice, under President Donald Trump, saw reason to […]
Elon Musk’s Boring Company sold $3.5 million worth of flamethrowers
After a successful run selling hats, billionaire Elon Musk’s The Boring Company has expanded its offering to include flamethrowers. Musk announced that his infrastructure firm had started selling flamethrowers Sunday. People were able to pre-order them for $500 each, and could buy an “overpriced” fire extinguisher with a “cool sticker” […]
Leading Republican groups are raising record amounts to keep the party’s grip on the Senate
WASHINGTON — The leading outside groups working to retain the Republican Party’s grip on the Senate in November’s midterm elections raised $31.6 million last year — a record amount for the organizations in a non-election year, according to figures provided first to USA TODAY. The Senate Leadership Fund, One Nation […]
Google invests in Indonesia’s answer to Uber
Google has made an investment in Indonesian ride-hailing start-up Go-Jek. The move is part of Google’s ambition to grow Indonesia’s digital economy and start-up scene, the tech giant said in a statement Monday. “Go-Jek is led by a strong Indonesian management team and has a proven track record of using […]
Freed Saudi billionaire Prince Alwaleed says corruption detention was a ‘misunderstanding’
Saudi Arabian billionaire businessman Prince Alwaleed bin Talal has been freed after a high-profile detention during a crackdown on corruption, describing his arrest as a “misunderstanding.” Speaking to Reuters just ahead of his release Saturday, Alwaleed said that there were no charges against him following his arrest as part of […]
Asian shares close mixed as dollar edges up; greater China markets turn lower
Asian shares closed mixed on Monday after greater China markets gave up early gains to trade lower in the afternoon. Japan’s Nikkei 225 reversed early gains to close nearly flat at 23,629.34, with energy-related stocks, trading houses and automakers mostly higher on the day. Toyota gained 0.46 percent by the […]
Will the solar tariffs be a boon for the US? The answer is far from straightforward
One plank of Donald Trump‘s election platform was centered on rebalancing the trade relationship between the U.S. and China. He once told an interviewer that he preferred “fair trade” to plain old “free trade.” His Commerce Secretary Wilbur Ross has taken up that baton as a very public proponent of […]
The ECB and the euro are the only glue holding parts of Europe together
Many German political observers estimate that, under the best circumstances, their country is unlikely to have a new three-party coalition government before Easter — April 1. They realize that this might be an optimistic forecast given the fundamental differences separating those who want a status quo stability (two right-wing parties) […]
Chinese flight routes set off military alarms in Taiwan
In self-ruled Taiwan, fears of a military invasion from the world’s second-largest economy are growing. Following Beijing’s increased military drills near the East Asian island, which China considers as part of its own, Taiwanese President Tsai Ing-wen said in a televised broadcast last week that she did not exclude the […]