Financial Markets Glance

Dow Jones Industrials High: 24,997.65 Low: 24,655.40 Close: 24,682.31 Change: —44.96 Other Indexes Standard&Poors 500 Index: 2711.93 —5.01 NYSE Index: 12,683.74 +20.10 Nasdaq Composite Index: 7345.29 —19.02 NYSE Amer Composite: 2503.20 +46.61 Russell 2000 Index: 1579.30 +8.90 Wilshire 5000...


Attorneys spar over evidence in Alaska cruise ship death

JUNEAU, Alaska (AP) — Attorneys are fighting over evidence one month before a Utah man is scheduled to face trial in the death of his wife on an Alaska cruise last summer. In court documents, attorneys for Kenneth Manzanares say law enforcement obtained search warrants for blood from Manzanares....


Stocks wobble and end lower after Fed raises interest rates

Financial Markets Wall Street-1

NEW YORK (AP) — After a jittery afternoon of trading, major U.S. stock indexes fell Wednesday while smaller companies fared better. The Federal Reserve raised interest rates, as investors expected, and said it could raise rates at a quicker pace next year. Stocks traded higher early in the day and...


Stocks whipsaw investors after Powell rate hike

(c) 2018, Bloomberg. U.S. stocks fell, while the dollar tumbled and Treasuries gained after the Federal Reserve’s first decision under Chairman Jerome Powell came in less hawkish than some investors had been anticipating. Following a whipsaw session, the S&P 500 closed lower as the central bank...


McDonald's announces green initiatives for 2030, sending a signal to the restaurant

(c) 2018, The Washington Post. The iconic golden arches got a little greener this week. Or at least they will by 2030. McDonald’s announced a new set of targets on Monday for reducing greenhouse gas emissions, the impacts of which the company compared to taking 32 million cars off the road for one...


Oil and gas leases in Gulf of Mexico bring in relatively tepid bids

(c) 2018, The Washington Post. Energy companies paid $124.8 million on Wednesday for oil and gas prospects in the largest Gulf of Mexico lease sale ever, but the winning bids fell well short of past sales. The totals also appeared modest compared with the expectations raised by President Trump in...


Federal Reserve hikes interest rate to highest level in a decade amid stronger economy

(c) 2018, The Washington Post. WASHINGTON - The Federal Reserve on Wednesday lifted its key interest rate from 1.5 percent to 1.75 percent, the highest level since 2008. The move, the central bank’s first major decision under new Chairman Jerome Powell, was widely expected as the U.S. economy...


4 tips to navigating store liquidation sales

On the Money Liquidation Sales

NEW YORK (AP) — The liquidation of Toys R Us is adding to the clutter of “Store Closing” signs as department stores, mall chains and other retailers close poorly performing locations. But beware! Liquidation sales may sound like a deal-hunter’s dream, but they don’t always offer the best discounts....


Trump swings behind massive budget; big military increase

APTOPIX Budget Battle

WASHINGTON (AP) — Despite second thoughts, President Donald Trump swung behind a $1.3 trillion government spending bill Wednesday that would give him a partial victory on funding for a U.S.-Mexico border wall. House Speaker Paul Ryan, R-Wis., rushed to the White House amid worries that Trump was...


Bids for NFL's Carolina Panthers are said to pass $2.5 billion

(c) 2018, Bloomberg. The price of the Carolina Panthers has reached $2.5 billion, according to people familiar with bids for the NFL team, which would set a record for a U.S. professional sports franchise. The rapid escalation in bidding has prompted Michael Rubin, the billionaire executive...

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