Finance news

• Three Ways the Government Shutdown Could Affect You

  04-01-2019 23:57 via news.yahoo.com
  President Trump said Friday that the government shutdown triggered over an impasse on border protection could last months or even years, which could spread its impact far beyond the 800,000 feder...
  
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• 3 Ways the Government Shutdown Could Affect You

  04-01-2019 23:57 via news.yahoo.com
  President Trump said Friday that the government shutdown triggered over an impasse on border protection could last months or even years, which could spread its impact far beyond the 800,000 feder...
  
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• Sears deadline expires: Will Eddie Lampert's last-minute offer avoid liquidation?

  04-01-2019 23:56 via news.yahoo.com
  A crucial deadline in the Sears bankruptcy came and went Friday as the retailer's future hangs in the balance.
  
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• US Syria pointman to also serve as anti-IS envoy

  04-01-2019 23:53 via news.yahoo.com
  America's Syria pointman James Jeffrey will also serve as the United States envoy to the international coalition against the Islamic State jihadist group, the State Department said on Friday."With this additional responsibility, Ambassador Jeffrey will lead and coordinate US Department of State relations with the Global Coalition to defeat (IS) and Department efforts to implement President Trump's announcement of a responsible US troop withdrawal from Syria," spokesman Robert Palladino said in a
  
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• Mother: Jazmine Barnes' killing was a hail of glass, bullets

  04-01-2019 23:53 via news.yahoo.com
  HOUSTON (AP) — It was still dark outside when LaPorsha Washington drove her four daughters, including 7-year-old Jazmine Barnes, in the family's silver car at 6:30 a.m. Sunday to a grocery store on the eastern outskirts of Houston.
  
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• UN Security Council meets on DR Congo vote

  04-01-2019 23:51 via news.yahoo.com
  The UN Security Council met behind closed doors on Friday to discuss the elections in the Democratic Republic of Congo as world powers awaited results.France requested the meeting as the European Union and the African Union urged DR Congo authorities to respect the outcome of the December 30 vote.Election results were initially scheduled to be released on Sunday but could be delayed.
  
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• U.S. anti-Islamic State meeting turns to damage control after Syria decision

  04-01-2019 23:49 via news.yahoo.com
  The previously scheduled conference, tentatively set for Feb. 7 in Washington, aims to gather ministers from many of the 79 nations in the Global Coalition To Defeat Islamic State and galvanize their fight against the militant group.In the latest ambiguous signal, a senior State Department official on Friday first told reporters the United States has no timeline for the withdrawal of troops from Syria and then said it does not plan to stay indefinitely.Another senior State Department official, a
  
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• Trump is weighing declaring emergency to get border funding without Congressional approval

  04-01-2019 23:49 via news.yahoo.com
  President Donald Trump said Friday he was considering declaring a national emergency to secure money for a border wall.
  
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• U.S. lawmaker seeks answers on shutdown's effect on tax filings

  04-01-2019 23:44 via news.yahoo.com
  A senior U.S. lawmaker asked the Internal Revenue Service and the Treasury Department on Friday how the ongoing partial government shutdown would affect the processing of income tax filings and refunds this year.Representative Richard Neal, a Democrat who is the new chairman of the House of Representatives tax-writing committee, expressed concern that the IRS, the U.S. tax agency, has already furloughed most of its work force and stopped issuing tax refunds since the partial government shutdown
  
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• Kyrsten Sinema's Swearing-In Look Was A Bold Queer Statement

  04-01-2019 23:39 via news.yahoo.com
  Sugar and spice and everything nice: That's what femmes are made of.
  
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• Trump warns could force long shutdown over border wall

  04-01-2019 23:38 via news.yahoo.com
  A defiant President Donald Trump said Friday he was prepared to keep the US government shut down for as long as it takes -- months or even years -- to force Congress to provide billions of dollars for a border wall with Mexico."The southern border is a dangerous, horrible disaster," he said, decrying illegal immigration, drug smuggling and human trafficking."We have to get a structure built," Trump said, calling on Congress to approve his $5.6 billion request for a "major powerful barrier" made
  
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• 5 children heading to Disney killed in Fla. crash

  04-01-2019 23:38 via news.yahoo.com
  Investigators are trying to determine what triggered the accident Thursday afternoon on Interstate 75 near Gainesville that killed seven people, including five children who were traveling in a church van and headed to Walt Disney World. (Jan. 4)
  
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• Foreign diplomats urge Venezuela's Maduro to hand over power

  04-01-2019 23:25 via news.yahoo.com
  LIMA, Peru (AP) — A dozen Latin American governments and Canada delivered a blistering rebuke to Venezuelan President Nicolas Maduro on Friday, questioning the legitimacy of his soon-to-begin second term and urging him to hand over power as the only path to restoring democracy in his crisis-wracked South American country.
  
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• Washington D.C. food trucks feel the bite from government shutdown

  04-01-2019 23:23 via news.yahoo.com
  Looking out from her food truck over a sidewalk left empty in downtown Washington on Friday by the U.S. government's partial shutdown, Farida Abou Draa said she felt like crying."My business is to make people happy, to give them something to eat, to see their smiles," said Abou Draa, 38.Food truck operators are among the many non-government workers suffering as a result of the shutdown.
  
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• Britney Spears announces career hiatus to look after ailing father

  04-01-2019 23:17 via news.yahoo.com
  Pop superstar Britney Spears announced Friday she is placing her career on hold indefinitely to take care of her sick father.The 1990s and 2000s icon had been due to kick off a series of concerts at the MGM resort in Las Vegas in February as part of a new residency in the city.Reports indicated Spears' father Jamie suffered a colon rupture but is expected to make a full recovery.
  
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• 1 in 5 adults think they have a food allergy. Fewer actually do, study shows

  04-01-2019 23:16 via news.yahoo.com
  A new study shows 1 in 10 adults are allergic to foods like peanuts, shellfish and tree nuts. Although more believe they're allergic.
  
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• Supreme Court agrees to hear Trump administration's effort to restrict vulgar trademarks

  04-01-2019 23:10 via news.yahoo.com
  The Supreme Court has been avoiding controversial cases in recent months, but on Friday it agreed to take up a case about a clothing line called "fuct."
  
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• Global stocks soar on dovish Fed, strong US jobs data

  04-01-2019 23:10 via news.yahoo.com
  Global stocks shot higher on Friday following a strong US jobs report and dovish comments from Federal Reserve Chair Jerome Powell on the prospects for higher interest rates."A solid set of job numbers and some comfortable words from the chairman of the Federal Reserve have been just the ticket to get markets into bullish mode," said Chris Beauchamp, chief market analyst at online trading platform IG.Earlier, Japan's Nikkei had slumped 2.3 percent, due in part due to a strengthening yen, which a
  
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• A U.S. Airstrike Just Killed a Man Wanted for the USS Cole Bombing, Pentagon Says

  04-01-2019 23:06 via news.yahoo.com
  Nineteen years after the attack on a U.S. Navy guided missile destroyer, an Al Qaeda militant involved in the incident was killed in an airstrike.
  
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• The shutdown is about to get worse for federal workers

  04-01-2019 23:02 via news.yahoo.com
  Nearly 400,000 workers have been off the federal payroll since the government shutdown began at midnight on Dec. 22.While most workers received back pay after previous shutdowns, there’s no guarantee that will be the case this time around. Some contract workers, including janitors, security guards and administrative staff, won’t receive back pay at all.Congress has to pass — and the president has to sign — legislation that specifically authorizes the government to pa
  
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• December jobs report: 312,000 added, easing recession fears amid stock turmoil

  04-01-2019 22:57 via news.yahoo.com
  The labor market bounced back in December as employers added 312,000 jobs amid stock turmoil and increasing worker shortages, easing recession fears.
  
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• Brazil's Bolsonaro sees threat in Russia, considers US base

  04-01-2019 22:50 via news.yahoo.com
  SAO PAULO (AP) — Brazil is open to hosting a U.S. military base to counter Russian influence in the region, the South American country's new far-right president said.
  
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• U.S. jobs data, dovish Fed comments boost equities

  04-01-2019 22:47 via finance.yahoo.com
  NEW YORK (Reuters) - Equities around the globe rallied on Friday while bond yields rose after sharply declining earlier in the week as U.S. employment data pointed to economic strength and Federal Reserve Chair Jerome Powell said the U.S. central bank would be patient with monetary policy.
  
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• Can You Drive "Blind" Using Only Parking Sensors Like in Netflix's "Bird Box?"

  04-01-2019 22:43 via news.yahoo.com
  If you cover up a car's windows and parking cameras, can you rely on the parking sensors alone to get you to safety?
  
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• Visitor dies at Yosemite National Park during shutdown

  04-01-2019 22:42 via news.yahoo.com
  YOSEMITE NATIONAL PARK, Calif. (AP) — A man died after falling into a river at Yosemite National Park on Christmas Day, the National Park Service said Friday.
  
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• Jordan: Democrats are focused on stopping the president, the solution is simple to support funding for the wall

  04-01-2019 22:42 via news.yahoo.com
  Ohio Republican Rep. Jim Jordan says that Congress needs to do what it promised its constituents to secure the border.
  
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• Women Of Color Are Here To Make Congress Great Again

  04-01-2019 22:41 via news.yahoo.com
  An extraordinary cohort of women of color was sworn into Congress this week.
  
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• Britain cautions Russia not to use detained ex-U.S. Marine as pawn

  04-01-2019 22:33 via news.yahoo.com
  Paul Whelan was arrested by Russia's Federal Security Service on Dec. 28."Individuals should not be used as pawns of diplomatic leverage," British foreign minister Jeremy Hunt said."We are extremely worried about Paul Whelan.
  
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• US officials head to Mideast amid tension over Syria pullout

  04-01-2019 22:25 via news.yahoo.com
  WASHINGTON (AP) — Secretary of State Mike Pompeo and national security adviser John Bolton are hoping their trips to the Middle East can help shore up support from America's partners amid increasing tensions in the region.
  
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• Major Swings Are the New Norm for U.S. Stocks

  04-01-2019 22:24 via news.yahoo.com
  (Bloomberg) -- Major swings in U.S. stocks have become the norm as of late. One of the biggest rallies of the bull market sent equities soaring on Friday, with the S&P 500 Index and Dow Jones Industrial Average both climbing more than 3 percent and the Nasdaq Composite Index gaining 4.3 percent after a better-than-expected jobs report and sympathetic comments from Federal Reserve Chairman Jerome Powell. It was the second time in just over a week that all three major indexes breached the 3 pe
  
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• Trump says he can declare a national emergency to build the wall on the U.S.-Mexico border

  04-01-2019 21:59 via news.yahoo.com
  During a press conference in the Rose Garden, President Trump told reporters he could declare a national emergency and begin building the wall on the U.S.-Mexico border without congressional approval.
  
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• Bolsonaro aide: Brazil will not hike a financial tax

  04-01-2019 21:49 via news.yahoo.com
  Brazilian President Jair Bolsonaro's chief of staff said on Friday that there would be no hike in a financial transaction tax, contradicting what the leader himself said earlier in the day.The chief of staff, Onyx Lorenzoni, said that after Bolsonaro spoke with the head of Brazil's tax collection agency, it was understood that there would be no need to increase the tax.Lorenzoni also said it was not set in stone that the Bolsonaro team's pension reform package would have minimum retirement ages
  
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• UK warns Russia against 'chess games' over alleged spy

  04-01-2019 21:48 via news.yahoo.com
  Britain warned Russia on Friday against playing "diplomatic chess games" after Paul Whelan, a former US Marine whoreportedly also carries Canadian and Irish passports, was charged with espionage.Foreign Secretary Jeremy Hunt said Britain had offered consular access to Whelan, who was detained in Moscow last week, but had not been able to visit him yet.
  
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• Congresswoman 'Dishonored' Herself With Impeachment Remarks, Says President Trump

  04-01-2019 21:23 via news.yahoo.com
  "I thought her comments were disgraceful,” Trump said at a press briefing
  
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• Trump says confident in US trade deal with China

  04-01-2019 21:22 via news.yahoo.com
  President Donald Trump said Friday he is confident Washington and Beijing will reach a deal to bring to a close the months-long trade dispute that has roiled global financial markets.A US delegation is due to travel to Beijing to hold negotiations Monday, but Trump said he and Chinese leader Xi Jinping already have been actively engaged in the talks.
  
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• Trump says 'prepared' to force shutdown for more than a year

  04-01-2019 21:19 via news.yahoo.com
  President Donald Trump said Friday he was prepared to keep the US government closed for a year or more, as he stood firm on his contentious demand for billions of dollars to fund a border wall with Mexico.Trump confirmed he said as much in a meeting earlier Friday with top Democrats that failed to produce a deal on ending the two-week shutdown."Absolutely I said that," Trump said, adding.
  
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• Takata Airbag Recall Expands to Include More Ford, Lincoln, and Mercury Vehicles

  04-01-2019 21:17 via news.yahoo.com
  Ford is adding 782,384 vehicles in the U.S. to its list of those that should have their Takata airbags replaced. Lincoln and Mercury vehicles are also included in the recall. The Takata recall co...
  
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• High rate of food allergies seen in U.S. adults

  04-01-2019 21:16 via news.yahoo.com
  Among more than 40,000 adults surveyed, 10.8 percent reported the kinds of severe symptoms that are consistent with a food allergy, and another 8.2 percent said they believed they had food allergies, but their symptoms suggested other causes, according to the report in JAMA Network Open."The main message from the survey is that one in five adults have some kind of food related conditions that are causing them to avoid certain foods," said Dr. Ruchi Gupta of Northwestern University's Feinberg Sch
  
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• 'Jersey Shore' star Ronnie Ortiz-Magro files domestic battery report against ex-girlfriend

  04-01-2019 21:16 via news.yahoo.com
  Las Vegas police confirmed to USA TODAY that Ortiz-Magro, 33, had filed a domestic battery violence report against Jen Harley, with whom he shares a 9-month-old daughter, Ariana Sky.
  
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• Trump, Democrats hold 'contentious' talks, fail to end shutdown

  04-01-2019 21:02 via news.yahoo.com
  President Donald Trump and Democratic leaders failed to strike a deal on Friday to end a partial shutdown of the U.S. government
  
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• Lima Group says won't recognize new Maduro mandate: Peru

  04-01-2019 20:56 via news.yahoo.com
  Foreign ministers from Latin America and Canada said Friday their governments would not recognize Nicolas Maduro as Venezuela's president when he is sworn in for a second six-year term next week.The 14-member Lima Group said they would not recognize Maduro's hardline socialist government after meeting in the Peruvian capital to discuss ways to step up international pressure on the regime, which has presided over the oil-rich country's economic crisis.Peru's Foreign Minister Nestor Popolizio said
  
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• Donald Trump warns US government shutdown could last more than a year

  04-01-2019 20:54 via news.yahoo.com
  Donald Trump has warned that the government shutdown could last for more than a year as he doubled down on a pledge to block any deal that does not include US-Mexico border wall funding.  The US president confirmed during a press conference after closed doors White House talks with leading Democrats on Friday that he had made the threat.  “I did. Absolutely I said that. I don’t think it will [last that long] but I’m prepared,” Mr Trump said. However he added tha
  
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• Control just about anything that plugs into a wall with Alexa using this tiny $17 box

  04-01-2019 20:44 via news.yahoo.com
  Alexa is one of the best things that has happened to the smart home market in the past few years. Thanks to Amazon's strategy of giving third-party companies free access to Alexa, it's now the voice assistant with the widest compatibility in the world. But what about all the older devices you have around the house that aren't compatible with Alexa, like lamps and fans? Check out the Kasa Smart Plug Outlet by TP-Link, which is discounted right now on Amazon. Plug it into any outlet and you can co
  
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• Photos of the week: 12/28 - 1/4

  04-01-2019 20:00 via news.yahoo.com
  The partial government shutdown continued this week as Republicans and
  
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• Ocasio-Cortez Suggests 70% Ultra-Rich Tax Could Pay for Climate Plan

  04-01-2019 19:56 via news.yahoo.com
  “It’s ambitious,” the New York Representative told 60 Minutes in an interview scheduled to air Sunday.Asked how high taxes should be set, Ocasio-Cortez didn’t specify a figure but offered praise for policies in the past that set top marginal rates as high as 70 percent.The current top income tax rate is 37 percent.
  
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• The Latest: Diplomats urge Venezuela's Maduro to cede power

  04-01-2019 19:54 via news.yahoo.com
  LIMA, Peru (AP) — The Latest on a regional meeting about Venezuela's political crisis. (all times local):
  
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• Federal appeals court sides with Trump on military transgender ban, but injunctions remain in place

  04-01-2019 19:53 via news.yahoo.com
  A federal appeals court sided with the Trump administration on its military transgender ban, but other courts' blockades of the policy remain.
  
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• Qualcomm kicks off crucial fight with U.S. antitrust regulator

  04-01-2019 19:50 via news.yahoo.com
  SAN JOSE, California - (Reuters) - The U.S. Federal Trade Commission's antitrust case accusing Qualcomm Incof abusing a monopoly on mobile chip technology kicked off in a California courtroom on Friday in a trial whose outcome could have a major impact on the smartphone industry.If the government prevails in the 10-day, non-jury trial before U.S. District Judge Lucy Koh, in San Jose, California, Qualcomm could be forced to change its practices for licensing a trove of patents to manufacturers li
  
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• U.S. says has yet to see credible version of Khashoggi's killing from Saudis

  04-01-2019 19:46 via news.yahoo.com
  U.S. Secretary of State Mike Pompeo will emphasize the need for accountability and credibility in the investigation of Khashoggi's death during a visit next week to the Middle East, including to Riyadh, the official said."The Secretary has been very consistent in engagements with Saudis ...to really push the two points of accountability and credibility, which is that the Saudis should have a credible narrative for what happened," said the official, who briefed reporters on Pompeo's trip."I don't
  
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• One of the most versatile Instant Pots ever is on sale at its lowest price since Black Friday

  04-01-2019 19:46 via news.yahoo.com
  The Instant Pot DUO60 is the best-selling Instant Pot model ever, but that's mainly because the price is right. The Instant Pot DUO Plus 60, 6 Qt 9-in-1 Multi-Use Programmable Pressure Cooker is even more versatile and capable than the DUO60, but it's also much more expensive so it doesn't sell as well. At least, it's usually more expensive. Amazon just shaved $33 off the price for a limited time, which means you can pick up a DUO Plus 60 for under $100 right now. That's the lowest price we've s
  
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