Trump Is Playing You Note: Soren K is a group of 4 writers to whom I contribute on commodity market posts-Vince Lanci Written by Soren K and MarketSlant. There is one thing Hillary and Donald agree on. You are idiots. She said it. He thinks it. In fact the voting populace is largely brain damaged. And those who aren’t quite vegetables yet will become pacified with iphones, slot machines, […]
Some of the world’s biggest sovereign wealth funds are increasingly striking their own private equity deals rather than relying on external fund managers, in a drive to cut costs and gain more control. With some $6.5 trillion in assets, sovereign investors already account for 19 percent of capital committed to private equity, according to data from research firm Preqin. But mega-funds such as the Abu Dhabi Investment […]
India’s government is allowing app developers to use its biometric database of more than a billion citizens as part of an initiative called “India Stack.” The developers can use customers’ fingerprint and iris scans to compare against records stored as part of the government’s vast biometric data-collection program, to create new ways to access insurance, banking, healthcare and employment. As outlined in a Wall Street Journal article, […]
SYDNEY Asian share markets were mixed on Monday as political uncertainty globally kept the mood cautious, while the U.S. dollar dithered in a tight range ahead of a busy week for Federal Reserve events. Turnover was light with U.S. markets closed for the Presidents Day holiday. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged up 0.1 percent and back toward a 19-month peak reached last […]
President Trump unveiled an alternate universe Thursday in which virtually every problem of his is the creation of the press. In a rambling, angry and contradictory media meltdown, Trump bashed “the failing New York Times,” The Wall Street Journal, CNN and the BBC, among others, following a fleeting announcement of a new nominee for Labor Secretary. It constituted what at minimum is a quadrupling down — or might […]
By Saqib Iqbal Ahmed | NEW YORK NEW YORK U.S. stock investors may look to a host of results from consumer-facing companies including Wal-Mart Stores Inc (WMT.N) next week for signs on whether the recent market rally has more room to run. The consumer names are among the last major companies of the S&P 500 earnings season to report, but the results will also be watched for […]
Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. So what if Donald Trump strong-armed media advertisers in the same way he’s trying to get companies to keep jobs in the United States? The subject was broached by a faraway observer after Trump’s angry and rambling anti-press rhetorical screed […]
The push for more digital news looks like it attracted a coveted demographic for three national news organizations: Younger readers. The New York Times and The Washington Post attracted readers between the ages of 18 and 49 at nearly twice the rate of readers between the ages of 50 and 65 during the U.S. presidential campaign, according to a report from Pew, published Friday. The Wall Street […]
She added, “Saloua Raouda Choucair is an extraordinary new name.” Two years later the CRG Gallery in Manhattan organized Ms. Choucair’s first solo show in the United States. Profoundly affected by Alzheimer’s disease, she was unable to attend either one or enjoy her belated success. “All the timings were wrong with my mother, so I’m not surprised this happened so late,” her daughter told The International Herald […]
The shares of several competing food producers were under pressure on Friday after Kraft Heinz approached Unilever to propose a $143bn takeover. Mondelez, Kellogg, General Mills and Campbell Soup are all seen as potential buyout targets for Kraft, said Christopher Growe, analyst at Stifel Nicolaus. “While this potential transaction does not count out a future acquisition of these businesses, it certainly delays the potential at least a […]
As the war between the Trump administration and the “fake news” media rages on, after seemingly escalating in recent weeks, Jared Kushner, President Trump’s son-in-law and close adviser, allegedly met with a senior Time Warner executive recently to express the administration’s deep concerns about CNN’s news coverage, according to anonymous sources cited by the Wall Street Journal. The meeting apparently involved Gary Ginsberg, executive vice president of […]
By Yashaswini Swamynathan U.S. stocks were set to open lower on Friday, after a record-setting few days on Wall Street, as investors await clarity on economic policy and ahead of a long weekend. The S&P 500 has risen about 5 percent so far in 2017, with the Dow Jones Industrial Average up 4 percent, mainly on signs of an improving economy and promises by President Donald Trump […]
“Stock market hits new high with longest winning streak in decades. Great level of confidence and optimism — even before tax plan rollout!” Donald Trump tweeted this week. It is a statement that goes beyond the president’s usual rhetoric. Indeed, Wall Street had a record-setting week that included the four key US stock benchmarks — the S&P 500, the Dow Jones Industrial Average, the Nasdaq Composite and the […]
Amazon Echo: Now with Outlook.com calendars. Users of Amazon’s Echo smart speaker can now set Outlook as a default calendar for the Alexa service to access. Outlook users can set Microsoft’s web-based calendar as the default option for their Amazon Echo and other Alexa-powered devices: Microsoft said this includes accounts with email addresses ending in @outlook.com, @hotmail.com and @live.com. 10 steps How to secure your IoT deployment […]
Submitted by Pam Martens and Russ Martens via WallStreetOnParade.com, Less than two weeks after Mary Jo White was nominated to become Chair of the Securities and Exchange Commission by President Barack Obama on January 24, 2013, White filed an ethics disclosure letter advising that she would “retire” from her position representing Wall Street banks at the law firm Debevoise & Plimpton. White wrote on this subject in […]
Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. Imagine the reporters who must cover daily a bombastic New Yorker who has inherited a fortune, exudes a sense of entitlement, disdains much of the press, trafficks in half-truths, has overseen properties in huge disrepair, routinely overrules underlings, disdains public […]
When India suddenly banned its largest bank notes in November, it led to confusion throughout the country and slowed down the cash-dependent economy. In big cities, the cash ban appears to be spurring digital payments, as the government had hoped. But in rural India, where internet access isn’t reliable, financial access through digital services is slow to take hold. The Wall Street Journal reported on how people […]
For the tattered Rashidiya neighborhood here, the recent battle never ended. It just shifted course along the river. Rashidiya was the last district in eastern Mosul declared liberated in late January, but army officers say Islamic State sleeper cells remain entrenched. Continue reading the main story And those are not the only troubles here. Even as American-backed Iraqi forces prepare an offensive against the Islamic State stronghold […]
Wednesday 14:30 GMT Overview Global equities were on track to close at all-time highs as Wall Street hovers near record levels in the wake of comments from Federal Reserve chair Janet Yellen. And Ms Yellen’s more hawkish than forecast rhetoric has been backed up on Wednesday by stronger than expected US retail sales and inflation data that are pushing up the dollar and bond yields, while leaving […]
A couple of years ago, in the midst of its bankruptcy proceedings, we posted a series of stunning pictures illustrating the “Death And Decay Of Detroit.” Once a beacon of America’s manufacturing prowess, a series of time lapsed pictures revealed how, in just a few years following the ‘great recession’ of 2008, the once vibrant metropolis became the poster child for urban decay. Unfortunately, at least according […]
Major U.S. stock indexes established record highs on Tuesday, led by bank stocks after Federal Reserve Chair Janet Yellen said it would be unwise to wait too long to raise interest rates. The Dow Jones Industrial Average .DJI rose 91.43 points, or 0.45 percent, to 20,503.59, the S&P 500 .SPX gained 9.21 points, or 0.40 percent, to 2,337.46 and the Nasdaq Composite .IXIC added 18.62 points, or […]
Goldman Sachs shares shattered a 10-year record to reach a fresh closing high on Tuesday, buoyed by hopes that the Trump administration will bring a profit-boosting mix of higher interest rates, lower taxes and lighter regulation. All banks have rallied hard since November 8, when Mr Trump beat Hillary Clinton in the race to the White House. But only a handful have done as well as Goldman, […]
By Lucia Mutikani | WASHINGTON WASHINGTON U.S. producer prices recorded their largest gain in more than four years in January amid increases in the cost of energy products, but a strong dollar continued to keep underlying inflation at the factory gate tame. Rising raw material costs are boosting producer prices across the globe, notably in China, which is the biggest source of U.S. imports. But economists still […]
By Clare Baldwin and Andrew R.C. Marshall | MANILA MANILA Before Rodrigo Duterte’s bloody war on drugs had even begun, allies of the Philippines president were quietly preparing for a wider offensive. On June 30, as Duterte was sworn in, they introduced a bill into the Philippine Congress that could allow children as young as nine to be targeted in a crackdown that has since claimed more […]
