Archive for July 25th, 2017

Tanzania sent Acacia Mining Plc a tax bill equal to almost two centuries worth of the gold producer’s revenue.

More…

Comments No Comments »

The Trump administration on Tuesday pushed forward with its bid to undo an Obama administration rule to extend mandatory overtime pay to 4.2 million workers and said it was considering treating workers differently based on location and industry.

More…

Comments No Comments »

GOP lawmakers may eventually throw in the towel on their campaign to repeal the Affordable Care Act. If so, the road to surrender will have been marked by a strange reversal. Less than nine months ago voters elected a Republican President and Congress pledged to reverse Democrats’ signature achievement in the Obama years. Fierce public opposition has so far prevented conservative majorities in Congress from acting on the pledge. This reversal of fortune is odd because until 2017 there was little sign Obamacare enjoyed broad public support. Yet when the insurance expansion was in jeopardy,…

More…

Comments No Comments »

President Trump has made advancing American manufacturing the cornerstone of his economic agenda.  And the first six months of the Trump Administration has occurred in concert with positive growth for the U.S. manufacturing sector.  The Institute for Supply Management (ISM) reported that U.S. manufacturing activity expanded in June at the fastest pace in nearly three years and recorded the second highest reading in more than six years. According to the ISM, manufacturing growth in June accelerated and was broad-based, with 15 of 18 manufacturing industries showing growth. Moreover, the…

More…

Comments No Comments »

Declining unemployment and a falling poverty rate are not helping these families.

More…

Comments No Comments »

<p>Lakisha Johnson figured all she needed was her 2016 tax refund to get her and her daughter out of a homeless shelter and back into a place of their own.</p>

More…

Comments No Comments »

People who make themselves indigent to qualify for Medicaid are sometimes criticized. But consider the nuances of the <g class="gr_ gr_5 gr-alert gr_gramm gr_inline_cards gr_run_anim Punctuation only-del replaceWithoutSep" data-gr-id="5" id="5">situation,</g> and other alternatives.

More…

Comments No Comments »

Oil rose, posting the biggest intraday gain in more than a week, as Saudi Arabia pledged deep crude export cuts next month and supplies in the U.S. are seen declining.

More…

Comments No Comments »

U.S. home prices reached a new high in May for the sixth straight month, raising fears of another housing bubble roughly a decade after a previous one burst.

More…

Comments No Comments »

Barnes &amp; Noble shares soared Tuesday after an activist investor urged the company to sell itself.

More…

Comments No Comments »

U.S. solar companies are snapping up cheap imported solar panels ahead of a trade decision by the Trump administration that could drive up costs and cloud the fortunes of one of the economy's brightest stars.

More…

Comments No Comments »

<p>U.S. stocks opened mostly higher on Tuesday after a slew of major companies reported better-than-expected quarterly results.</p>

More…

Comments No Comments »

Yet another outbreak of foodborne illness last week at Chipotle Mexican Grill did what it usually does to the burrito chain: The stock price plummeted. It's bad news—particularly for the patrons who got sick—but it's a boon for anyone that had the foresight to short the stock.

More…

Comments No Comments »

<p>Dow futures jumped on Tuesday, boosted by earnings reports that largely beat Wall Street expectations.</p>

More…

Comments No Comments »

U.S. stock index futures pointed to a slightly higher open on Tuesday, as investors awaited a slew of corporate earnings and news from an FOMC meeting.

More…

Comments No Comments »