- 2019-03-22 15:23:56Z
BAGHOUZ, Syria (AP) - U.S.-backed forces in Syria announced Saturday they have liberated the last area held by the Islamic State in the eastern Syrian village of Baghouz, declaring victory over the extremist group and the end of its self-declared Islamic caliphate.
Jim Cramer runs through his thoughts about viewers' stock picks.
JAKARTA, Indonesia (AP) - In a blow for Boeing, Indonesia's flag carrier is seeking the cancellation of a multibillion dollar order for 49 of the manufacturer's 737 Max 8 jets, citing a loss of confidence after two crashes within five months.
Social media stars Diamond & Silk say that everyone that orchestrated the Special Counsel Robert Mueller report should be prosecuted to the full extent of the law.
Boeing is embroiled in the largest aviation investigation history into two plane crashes killing nearly 350 people. Rep. Sam Graves (R-MO) says Boeing is trying to mitigate their damage.
Pinterest plans to list its shares as soon as April, a person familiar with the matter said Thursday. The San Francisco-based company filed Friday with an initial offering size of $100 million, a placeholder amount used to calculate fees that's likely to change. While the proposed terms of the share sale won't be disclosed until a later filing, Pinterest could raise about $1.5 billion in an IPO valuing it at at $12 billion or more, people familiar with the matter have said.
DES MOINES, Iowa (AP) - The Latest on flooding in the Midwest (all times local):
Could it be that the economy is becoming a bigger concern for investors than Jerome Powell? Friday's decline was led by cyclical industries, among them banks -- casualties of a flattening yield curve that many would attribute to the Federal Reserve chairman. "The real underlying catalyst is the question investors are struggling with: how much of a slowdown are we looking at?" said Jim Paulsen, chief investment strategist at the Leuthold Group.
When Canadian police arrested Meng Wanzhou at the behest of the U.S. on a Dec. 1 stopover at Vancouver International Airport, they seized her iPhone 7 Plus, a MacBook Air and an iPad Pro, according to a court filing Friday. The crown prosecution consented and the devices will be transferred "to
On Wednesday, March 20, 2019, I recorded my second biggest single-day loss ever of -$29,058.17, almost all of that due to a single trade. Although not my biggest loss ever, it is the largest I've had in recent history. It's also the worst one I've had since I started my challenge of growing my trading account from $583 to $1 million just over two years ago.
CNBC's Mike Santoli and Rick Santelli break down what the yield curve may be signaling for the market and how a yield curve works.
A day after a big rally, stocks were under significant pressure on Friday. This is as Treasury yields threaten to invert and drag banks lower. It also ignites recession fears among investors. Let's look at a few top stock trades to watching going into next week. Top Stock Trades for Tomorrow 1: Bank
Venezuela tops the agenda of President Donald Trump's meeting with leaders from the Caribbean. Trump invited several leaders to his Mar-a-Lago club to show his support for Caribbean countries that backed a democratic transition in Venezuela. (March 22)
Amazon (NASDAQ:AMZN) stock sat out most of the rally over the past few months. However, it wasn't alone. Apple (NASDAQ:AAPL) and Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) also didn't join the rally, leaving many to wonder what was causing the hesitation. However, over the past few days, we've
Stocks around the world fell and U.S. Treasuries yields sent out warning signs of a possible recession on Friday after weaker-than-expected U.S. and European data intensified fears of a global economic slowdown. After weak U.S. manufacturing and services data, U.S. Treasury 10-year note yields sank below three-month Treasury bill yields for he first time since 2007. This sent investors fleeing from riskier bets as a yield curve inversion is seen as a leading recession indicator.
The Treasury Department announced Friday that it is expanding again the relief it grants taxpayers who had too little in income taxes withheld from their paychecks in the first year of a sweeping tax overhaul. Treasury said that taxpayers will be able to avoid penalties for paying too little in taxes
Do the expenses justify adopting a Labrador retriever?
Politico White House correspondent Gabby Orr, Democratic Strategist Antjuan Seawright and Republican Strategist Lauren Claffey on concerns President Trump's rhetoric is overshadowing his record.
Experts weigh in.
Shares have U.S. auto giant Ford (NYSE:F) have been in a secular decline for several years now. There are many reasons why Ford stock has underperformed the market by 100 points over the past five years. The sum of those headwinds has caused Ford's sales to fall flat, margins to compress, and profits to drop.
Shares of Chevron (NYSE:CVX) continue to gush higher on the heels of a historic stock market rally to start the year. CVX stock is now up over 15%, and despite the rout in oil prices over the past year, Chevron is actually higher over that time frame. Valuations are starting to look stretched, however, on both an absolute and comparative basis.
WASHINGTON (AP) - President Donald Trump is intensifying his efforts to discredit a highly anticipated report on the special counsel's Russia investigation.
Faced with the challenge of cooking like a foodie on a budget, I learned how to plan my meals so that no good food (or money) goes to waste.
There's a lot of confusion about how retirement savings accounts work, even among those who are more well-prepared for retirement. That's what TD Ameritrade concluded after a 2019 survey that The Harris Poll conducted for them asked U.S. adults with at least $10,000 in investable assets to answer questions about 401(k) plans and individual retirement accounts (IRAs). These three questions were particularly tricky and stumped at least half of all respondents: 1.
The KBW Bank Index shed 3.4 percent to fall to the lowest intraday since Jan. 15, with top decliners once again including regional banks Regions Financial Corp., KeyCorp, and Citizens Financial Group. Silicon Valley lender SVB Financial Group was the biggest loser, slumping more than 6 percent, the most since late December. Banks have been hit hard by the Fed's surprisingly dovish turn this week, with the KBW Bank Index dropping 8.4 percent in the past four days.
Inversion is widely considered a reliable harbinger of recession in the U.S. The 10-year slipped to as low as 2.439 percent. U.S. central bank policy makers on Wednesday lowered both their growth projections and their interest rate outlook, with the majority of officials now envisaging no hikes this
Consumer advocate Ralph Nader has been a long time critic of the F.A.A. but, unfortunately, now it's personal. Nader's great niece was killed along with over 300 others in one of the two Boeing 737 Max 8 crashes in the past year. He joins "Squawk Box" ...
This might help explain why the largest marijuana producer has struggled to land a brand-name partner.
DUBAI/LONDON (Reuters) - Budget needs are forcing Saudi Arabia to push for oil prices of at least $70 per barrel this year, industry sources say, even though U.S. shale oil producers could benefit and Riyadh's share of global crude markets might be further eroded. Riyadh, OPEC's de facto leader
Inside Beijing Electric Vehicle's headquarters, a glass-and-steel complex on the Chinese capital's edge, a cafeteria awaits renovation so that cooks can crank out pizza and other Western fare for the posse of foreigners the company expects to hire. "We need to have a more international feeling," says Wang Shitao, a Chinese engineer who earned a master's degree in Germany in energy storage before returning to his country to ply his skills in its new and booming electric-car industry. The inescapable reality: Beijing Electric Vehicle needs a tune-up.
Garuda Indonesia has asked to cancel an order for 49 Boeing Co 737 MAX 8 jets, citing a loss of passenger trust following two crashes, although it had been reconsidering the order before the latest disaster in Ethiopia last week. Garuda is the first airline to publicly confirm plans to scrap an order
On a per-share basis, the Canton, Massachusetts-based company said it had a loss of 15 cents. Losses, adjusted for asset impairment costs and non-recurring costs, came to 1 cent per share. The retailer ...
Deutsche Bank AG pledged to reverse years of declining revenue and kept a key profit target intact, striking a more upbeat tone than some rivals as it starts merger talks with Commerzbank AG. The defiant outlook -- just two days after UBS Group AG warned that the first quarter was one of the worst environments in recent history -- lifted Deutsche Bank's shares and may strengthen Chief Executive Officer Christian Sewing in talks with investors on the merger. Sewing in the past year accelerated a turnaround plan focused on cost cuts, but the failure to reverse revenue declines has been seen as a key weakness.
With optimism for a quick U.S.-China trade deal starting to fade as the two sides haggle over the specifics, stock markets in the region need all the help they can get to keep the good times rolling. Technology companies in the MSCI Asia Pacific Index have led the charge this week, taking their rebound from a January low to 20 percent. For its part, the Asia Pacific index is heading for its highest level since early October, on pace for a second weekly advance after a lull earlier this month.
Germany's manufacturing slump deepened this month amid tensions in global trade. IHS Markit's Purchasing Managers' Index for the sector fell to 44.7, the lowest since 2012 and well below economists' expectation of 48. "The downturn in Germany's manufacturing sector has become more entrenched," said
The Stoxx Europe 600 climbed, with retail and technology shares leading gainers. In Asia, a late-day turnaround put most benchmark stock indexes back into the green, from Japan to Korea and Australia. Japan's 10-year bond yield fell to the lowest since 2016, New Zealand's dropped below 2 percent for
Investing.com - Stocks in focus in premarket trade Friday: · Nike (NYSE:NKE) stock fell 4.7% by 8:15 AM ET (12:15 GMT) after the sportswear company's North American sales fell short of expectations in its fiscal third quarter. Best Buy (NYSE:BBY) stock rose 1.5% after Oppenheimer upgraded the company to outperform from perform, according to CNBC. Tiffany & Co (NYSE:TIF) stock fell 4.1% after it reported a 1% fall in world-wide sales during the holiday season.
Smiths Group Plc said on Friday it would separate its struggling healthcare business and list it in the UK, months after the company failed to merge the unit with U.S.-based ICU Medical. Smiths' medical business was valued between 2.3 billion pounds and 2.8 billion pounds by some analysts in September, when the two companies failed to agree on deal terms. Smiths Medical, a maker of respiratory devices and catheters among other things, has been hit by delays in product launches, stricter regulations and two contract losses in the United States.
National carrier Garuda Indonesia has sent a letter to Boeing Co asking to cancel an order for 49 737 MAX 8 narrowbody jets, Garuda Chief Financial Officer Fuad Rizal said on Friday. The airline could switch the order, valued at $6 billion (£4.57 billion) at list prices, to other Boeing models, Rizal
National carrier Garuda Indonesia has sent a letter to Boeing Co asking to cancel an order for 49 737 MAX 8 narrowbody jets, Garuda Chief Financial Officer Fuad Rizal said on Friday. The airline could switch the order, valued at $6 billion at list prices, to other Boeing models, Rizal told Reuters.
HONG KONG/SINGAPORE (Reuters) - Murphy Oil Corp is nearing a deal to sell its Malaysian oil and gas assets to Thailand's PTTEP PCL, people familiar with the matter said, in the latest energy M&A transaction in the Southeast Asian nation. The independent U.S. oil and gas exploration and production company could announce a deal, valued at just over $2 billion, with the Thai energy company as early as Thursday, said one source, who declined to be identified as the news is not public. Reuters reported in November, citing sources, that Murphy Oil was in talks to sell the assets after an unsolicited bid that could fetch between $2 billion to $3 billion.
A major oil refinery in the heart of North America's most important fuel-producing region told workers to stay home and the Texas National Guard deployed troops to assist with air monitoring. The benzene probably arose from charred chemical tanks as overnight winds stirred remnants of their contents
Boeing has been working on a software upgrade for an anti-stall system and pilot displays on its fastest-selling jetliner in the wake of the deadly Lion Air crash in Indonesia in October. Similarities between the flight path in the Lion Air incident and a fatal Ethiopian Airlines crash on March 10 have
Investing.com - The crypto market turned bearish as the week came to an end in Asia, with cryptocurrency prices generally dropping and Bitcoin retreating below the $4,000 level. On Friday morning, Bitcoin slid 1.20% to $3,989.9 by 11 06 PM ET (03:06 AM GMT). The digital coin lost steam after reaching a one-week high the day before.
Rep. Matt Gaetz (R-Fla.) on how the White House rejected House Democrats' request for documents related to conversations between President Trump and Russian President Vladimir Putin.
Apple Inc is expected to launch an ambitious new entertainment and paid digital news service on Monday, as the iPhone maker pushes back against streaming video leader Netflix Inc. But it likely will not feature the New York Times Co. Mark Thompson, chief executive of the biggest U.S. newspaper by subscribers
Massive Flooding Has Destroyed Midwest U.S. Farms. Here's What You Should Know
At that valuation, Uber would only have to float about 16 percent of its shares to make the top five, according to data compiled by Bloomberg. Many technology giants, including Alphabet Inc.'s Google, Microsoft Corp. and Apple Inc. trade on Nasdaq, which was once the dominant exchange for tech upstarts
NEW YORK (AP) - "Game of Thrones" actress Emilia Clarke revealed Thursday that she has had two life-threatening aneurysms, and two brain surgeries, since the show began. An unknown actress before landing the role, Clarke had just finished filming her first season as Daenerys Targaryen, the
Think SUVs are king and sedans are dead? Not quite, says GM.