Market Extra: Stock benchmarks did something they haven’t done in nearly 20 years
Fri, 09 Dec 2016 19:00:40 +0000
Five major stock-index benchmarks finished at records on the same day—something that hasn’t happened in more than 18 years, according to Dow Jones data.
Trump’s tax holiday won’t make much of a difference without corporate-tax reform
Fri, 09 Dec 2016 18:58:00 +0000
President-elect Donald Trump’s proposal to offer U.S. companies a one-time repatriation holiday would bolster domestic liquidity and improve financial flexibility, Moody’s says, but it would likely be a temporary blip without a broader reform of corporate taxes.
Market Extra: Stock market’s velocity after Trump has investors talking Dow 20,000—and beyond
Fri, 09 Dec 2016 18:55:56 +0000
Do I hear 20,000? 21,000? That’st the question investors are posing after Donald Trump’s postelection ebullience has stretched equity markets deeper into the record books since Nov. 8.
Weekend Sip: The 12 bottles of Christmas
Fri, 09 Dec 2016 18:55:34 +0000
Wine, spirits and cider at a variety of price points. For gifts, or for you.
Futures Movers: Oil futures gain as oil producers aim to shore up output pact
Fri, 09 Dec 2016 18:38:36 +0000
Oil futures head higher Friday for a second consecutive session with some of the world’s biggest crude producers expected to hold a meeting this weekend to shore up last month’s agreement to curb production.
Called to Account: At Deloitte, the problems with audit quality and professionalism start at the top
Fri, 09 Dec 2016 18:35:38 +0000
A Deloitte Brazil whistleblower from 2002 is now one of 12 senior partners charged by the audit regulator with falsifying audit workpapers and covering up the lies.
Roof hesitates before confessing
Fri, 09 Dec 2016 18:16:16 +0000
"Uh, I did it," Dylann Roof said in a recording played for the public for the first time at his death penalty trial.
Market Snapshot: Stocks poised for record finish after S&P 500, Dow hit fresh highs
Fri, 09 Dec 2016 18:13:08 +0000
U.S. stocks extend their winning streak Friday, with main benchmarks setting intraday highs after opening modestly higher.
Defense Secretary Carter visits Afghanistan
Fri, 09 Dec 2016 17:18:59 +0000
"America is ... committed to a sovereign and secure Afghanistan," Ash Carter said during his surprise trip to the country.
Obama orders review of election hacking
Fri, 09 Dec 2016 17:10:14 +0000
U.S. officials have said they're "confident" that election-related cyber attacks were directed by the Russian government.
Capitol Report: FedEx chief defends Pacific trade pact Trump has blasted
Fri, 09 Dec 2016 16:48:53 +0000
The chief executive of FedEx Corp. offered a strong defense of international trade in a speech on Friday, telling a forum in Washington that American workers “need” an agreement that President-elect Donald Trump has blasted.
Potential Trump pick on sharing 'fake news'
Fri, 09 Dec 2016 16:00:07 +0000
"If it’s thought-provoking, I’ll put it up there and let the readers decide," said Texas Agriculture Commissioner Sid Miller.
South Korean president is impeached in stunning fall
Fri, 09 Dec 2016 15:33:58 +0000
South Korean lawmakers vote to impeach President Park Geun-hye, a stunning fall for the country's first female president.
Syrian civilians leave rebel area in Aleppo
Fri, 09 Dec 2016 15:19:18 +0000
Rebel defenses have collapsed after a wide-ranging government offensive and an intensive aerial campaign.
Clinton decries rise of fake news in first speech since loss
Fri, 09 Dec 2016 14:53:04 +0000
In her first speech since losing the election, Hillary Clinton warns that false reports can have “real-world consequences.”
Brett Arends's ROI: The Congressional Budget Office just destroyed Trump’s budget promises
Fri, 09 Dec 2016 13:07:27 +0000
Donald Trump’s budget math still doesn’t add up, writes Brett Arends.
Mark Hulbert: This top market timer says stocks’ ‘Trump bump’ won’t last much longer
Fri, 09 Dec 2016 13:05:35 +0000
Veteran market technician Sam Eisenstadt sees the S&P 500 in six months trading where it is now, writes Mark Hulbert.
Alabama executes man convicted of killing store clerk
Fri, 09 Dec 2016 07:47:56 +0000
Ronald Bert Smith Jr., 45, was convicted of killing a convenience store clerk more than two decades ago.
Trump's campaign spent less than Clinton's
Fri, 09 Dec 2016 06:35:18 +0000
Trump's campaign spent about $94 million in its final push for the White House, according to new reports.
All-American John Glenn: Astronaut, fighter pilot, senator
Fri, 09 Dec 2016 06:11:35 +0000
Neil Armstrong was the first man to walk on the moon, but he was not the celebrity that John Glenn was.
Former senator, astronaut John Glenn dies at 95
Fri, 09 Dec 2016 03:20:18 +0000
The former space explorer and U.S. senator made history in 1962 as the first American to orbit the Earth.
Transportation Dept. considers in-flight calls
Fri, 09 Dec 2016 02:44:00 +0000
Here's a potential new reality on planes: Listening to another passenger chatting on a mobile phone.
Firefighter: Warehouse missing from fire-inspection records
Fri, 09 Dec 2016 02:20:59 +0000
The illegally occupied building where dozens of partygoers perished in a blaze may not have been checked for fire hazards.
Trump meets with Ohio State attack victims
Fri, 09 Dec 2016 02:19:54 +0000
The president-elect took on the somber task of consoling several people who were stabbed last week.
Life expectancy declines in the U.S.
Thu, 08 Dec 2016 23:41:22 +0000
In most years since World War II, rates have inched up, thanks to medical advances, among improvements.
House hurriedly passes stopgap funding bill
Thu, 08 Dec 2016 23:04:16 +0000
With the prospect that the federal government could close at midnight Friday, the measure was approved 326-96.
Labor pick's 2013 remark at odds with Trump
Thu, 08 Dec 2016 22:35:50 +0000
Andrew Puzder, chosen to lead the Labor Department, defended immigration reform three years ago.
Tributes pour in for John Glenn
Thu, 08 Dec 2016 22:19:31 +0000
In 1962 the late astronaut became the first American to orbit the Earth, helping jump-start the nation's space program.
Trump gets only one intel briefing per week
Thu, 08 Dec 2016 22:06:15 +0000
The president-elect typically receives far fewer intelligence briefings than his predecessors, sources say.
Fewer adults earn more than their parents did
Thu, 08 Dec 2016 21:43:00 +0000
"My parents thought that one thing about America is that their kids could do better than they were able to do," said one of the researchers.
Muslim leaders worried by some Trump choices
Thu, 08 Dec 2016 20:54:17 +0000
The president-elect is asked to reject anti-Muslim policies he touted and reconsider appointments that will bring Islamophobic attitudes.
Dylann Roof's mother suffers a heart attack
Thu, 08 Dec 2016 20:30:01 +0000
The mother of the Charleston, S.C., church shooting defendant collapsed during statements Wednesday, his attorney said in court documents.
Trump pick Linda McMahon's WWE history
Thu, 08 Dec 2016 20:28:03 +0000
President-elect Donald Trump selected the former World Wrestling Entertainment executive to run the Small Business Administration.
Youth vaping a public health threat
Thu, 08 Dec 2016 19:50:50 +0000
The U.S. surgeon general said in a new report that e-cigarettes are not harmless and too many teenagers are using them.
Trump's EPA pick called 'a 4-alarm fire'
Thu, 08 Dec 2016 18:03:40 +0000
Reaction is swift to the selection of Scott Pruitt, a denier of mainstream climate science, to head the Environmental Protection Agency.
Traded insults before, now pleasantries
Thu, 08 Dec 2016 16:45:39 +0000
The president-elect and the president are striking a tone many did not expect just a few months ago.
Broadwell breaks silence after Petraeus affair
Thu, 08 Dec 2016 16:44:42 +0000
Five years after her involvement with the former CIA director, Paula Broadwell is speaking out.
Fast-food exec picked as labor secretary
Thu, 08 Dec 2016 15:39:26 +0000
Sources say Trump will nominate Andy Puzder, CEO of CKE Restaurants, which operates the Carl’s Jr. and Hardee's chains.
Union leader won't back down on Trump
Thu, 08 Dec 2016 14:47:17 +0000
Chuck Jones says he started getting threats after Donald Trump slammed him on Twitter.
D.C. pizzeria gunman speaks out
Thu, 08 Dec 2016 13:27:45 +0000
Edgar Maddison Welch, who has admitted to opening fire inside Comet Ping Pong, says he "just wanted to do some good."
What’s Trump’s agenda? Newt has some ideas
Thu, 08 Dec 2016 10:00:40 +0000
“The first challenge in governing is to not blow up,” says former House speaker Newt Gingrich, one of Donald Trump’s closest allies.
Juveniles charged in deadly Tenn. wildfire
Thu, 08 Dec 2016 02:49:00 +0000
Two juveniles face aggravated arson charges in connection with the blaze that killed 14 people, authorities say.
Trump: I'll negotiate Air Force One deal
Thu, 08 Dec 2016 01:14:00 +0000
The president-elect follows up criticism of the planes' cost by saying he'll engage with Boeing directly for any replacement fleet.
Trump's likely EPA pick has enraged activists
Wed, 07 Dec 2016 23:11:59 +0000
Oklahoma Attorney General Scott Pruitt fits with the president-elect's pledge to eliminate regulations on oil and gas drilling.
Former astronaut John Glenn hospitalized
Wed, 07 Dec 2016 22:17:05 +0000
He became the first American to orbit the Earth in 1962, then represented Ohio in the Senate from 1974 to 1999.
Cabinet candidate defends Russia, rips China
Wed, 07 Dec 2016 20:15:57 +0000
Rep. Dana Rohrabacher, rumored in the running for secretary of state, is making waves with his global comments.
How one man went from prison to NYU
Wed, 07 Dec 2016 17:49:19 +0000
Terrance Coffie tells Katie Couric that before graduating from college, the only thing he'd ever completed was a prison term.
Trump just got friendlier toward China
Wed, 07 Dec 2016 16:43:26 +0000
Trump's pick, Iowa Gov. Terry Branstad, is steeped in the importance of trade and the ways it benefits Americans.
Starbucks CEO: America is 'over-retailed’
Wed, 07 Dec 2016 15:45:09 +0000
At Starbucks Investor Day, Schultz said brick-and-mortar is dying—and announced plans to open 12,000 more stores.
Megyn Kelly blasts Trump's social media chief
Wed, 07 Dec 2016 14:52:05 +0000
The Fox News anchor is highly critical of Dan Scavino, saying he "really enjoys nastiness and threats."