California and a dozen other states are filing a lawsuit challenging President Donald Trump‘s national emergency declaration on Monday, California Attorney General Xavier Becerra said. “The president admitted that there’s not a basis for the […]
Stock futures, higher before the reports, reversed course after the two 8:30 a.m. reports. The Dow was down more than 220 points in early trading, but stocks cut their deepest losses in morning trading. The […]
Asia has 'mitigating components' to counter a world development slowdown, says financial institution CEO
Global growth is expected to slow in the coming months, but Asian economies could hold up reasonably well, thanks to several “mitigating factors,” according to the chief executive of Southeast Asia’s largest bank. “The overall […]
Check out the companies making headlines midday Thursday: Bloomin’ Brands — Shares of the hospitality company jumped 8.95 percent on stronger-than-expected quarterly results. Bloomin’ Brands posted earnings per share of 30 cents and revenue of […]
Why California's new photo voltaic mandate may price new householders as much as an additional $10,000
Although the law begins next year, a Realtor.com study found 8 of the 10 U.S. cities with the highest percentage of home solar panels are already in California, and more than six percent of homes […]
A 'unhappy day' for New York: Democratic congressman says Amazon backed out of HQ2 deal 'too rapidly'
New York is missing out on billions of dollars in investments now that Amazon has canceled plans to add corporate offices in the borough of Queens, Rep. Gregory Meeks, D-N.Y., told CNBC on Thursday. “I […]
Check out the companies making headlines before the bell: PepsiCo – The beverage and snack giant reported adjusted quarterly profit of $1.49 per share, matching Street forecasts, while revenue beat estimates. However, PepsiCo also forecast […]
Normal Dynamics downgraded by Credit score Suisse: 2019 forecast is 'effectively behind protection friends'
Luke Sharrett | Bloomberg | Getty Images The USS Truxtun (DDG-103) destroyer sits in dry dock at the General Dynamics Corp. NASSCO shipyard facility on the Elizabeth River in Norfolk, Virginia, U.S., on Tuesday, Jan. […]
Justin Wolfers, an economics and public policy professor at the University of Michigan, says he’s optimistic about the U.S. economy because “recessions don’t die of old age, they’re murdered.” However, he is worried “that a […]
In order to take customer deposits in the United States, a company needs federal deposit insurance. It’s an elite club that is not eagerly looking for members. “It’s very difficult, if not impossible for a […]