Finance news

• Trump looks to pin 'socialism' label on Democrats ahead of 2020. Will it stick?

  07-02-2019 23:54 via news.yahoo.com
  Some Democrats didn't applaud when President Donald Trump denounced socialism Tuesday. Republicans hope that will help Trump get re-elected.
  
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• Green New Deal: Ocasio-Cortez plan has yet to have Pelosi backing as both emphasize climate change

  07-02-2019 23:54 via news.yahoo.com
  House Speaker Nancy Pelosi and Rep. Alexandria Ocasio-Cortez say they're committed to tackling climate change but they don't yet agree on an answer.
  
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• He wore blackface. Him, too. Virginia, explained.

  07-02-2019 23:52 via news.yahoo.com
  Also Thursday: A seven-hour ER wait and what Trump's wall idea really looks like.
  
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• President Trump slams Democrats over 'unfortunate' tax probe

  07-02-2019 23:41 via news.yahoo.com
  House Intel Committee Chairman Adam Schiff announces sweeping probe into Trump's finances; reaction and analysis on 'The Five.'
  
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• Russia investigation: Trump complains of ‘presidential harassment’ as Schiff and Democrats launch new probe

  07-02-2019 23:37 via news.yahoo.com
  Just days after Donald Trump criticised congressional Democrats for “ridiculous partisan investigations”, the president is facing a renewed Russia inquiry from Congress that has left him complaining about presidential harassment.Mr Trump said as much in response to the announcement that Democrats in the House Intelligence Committee have re-opened their probe into Russian meddling in the 2016 election, marking yet another official investigation into the issue that has dogged the White
  
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• The 'Green New Deal' Was Unveiled Thursday. But Parts of It Are Already Underway

  07-02-2019 23:27 via news.yahoo.com
  While the sweeping first draft of the proposal was unveiled Thursday, some of its ideas are already being implemented around the country.
  
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• Trump lashes out as Democrats open probes into his taxes, Russia ties

  07-02-2019 23:24 via news.yahoo.com
  Trump lashed out about "presidential harassment" as one House committee opened a hearing into forcing the release of his long-hidden tax returns, and another began questioning his controversial policy to separate immigrant children from their parents at the US-Mexico border."The Dems and their committees are going 'nuts,'" Trump tweeted."The Republicans never did this to President Obama, there would be no time left to run government," he said.
  
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• Lawmakers revive push to hold Saudi Arabia accountable for Jamal Khashoggi murder

  07-02-2019 23:21 via news.yahoo.com
  Top lawmakers in both parties unveiled legislation Thursday to block U.S. arms sales to Saudi Arabia.
  
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• The Latest: Lawmakers avoid taking position on Fairfax claim

  07-02-2019 23:17 via news.yahoo.com
  RICHMOND, Va. (AP) — The Latest on the racial and sexual assault allegations that have engulfed Virginia's top three elected officials, all Democrats (all times local):
  
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• Hey, how do you think a sentient baguette would move?

  07-02-2019 23:15 via news.yahoo.com
  If a baguette was alive and could move around, how would it move?This is the vital question posed by a comedian and animator named Dave (@sheepfilms on Twitter), who gave the internet its latest thing to debate on Thursday. According to Dave, there are four possible ways a baguette could move: worm, gallop, robot rotate, and caterpillar.Please observe: SEE ALSO: Is there something wrong with me if I only hear Yanny and not Laurel?A poll tweeted shortly after the video reveals number 3 (robo
  
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• Blackface scandals highlight U.S.'s troubled racial past - and present

  07-02-2019 23:15 via news.yahoo.com
  (Advisory: Note language in paragraph 11)By Andrew Hay(Reuters) - The painful history of blackface in America was highlighted this week as two top Virginia Democrats came under fire after admitting to having blackened their faces to resemble African-Americans while in college in the 1980s.While the practice is less common than it was decades ago, African-American scholars say it persists in some corners as evidence of racism.Apologies by Virginia Governor Ralph Northam and Attorney General Mark
  
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• Principles or power? Virginia political scandal a test for Democrats

  07-02-2019 23:09 via news.yahoo.com
  If all three step aside, the next in line to be governor is the Republican House speaker."This is a moment of reckoning for Virginia," said Stephen Farnsworth, a political scientist at Mary Washington University in Virginia."Political principles that cost you something are always a lot harder to maintain."Virginia Governor Ralph Northam and state Attorney General Mark Herring, who is third in line to the governor, have acknowledged wearing blackface while students in college in the 1980s, an act
  
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• US banks BB&T and SunTrust announce $66 billion merger 

  07-02-2019 23:07 via news.yahoo.com
  BB&T and SunTrust announced Thursday they will combine in a $66 billion transaction to create a regional banking giant in the industry's largest merger since the 2008 financial crisis.The two midsize banks operating in the fast-growing Southeastern United States described the move as a merger of equals that would enable them to compete against heavyweights like Bank of America and Wells Fargo and save some $1.6 billion in administrative costs.Shares of both companies soared on the announceme
  
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• The 2019 Mazda MX-5 Miata 30th Anniversary Edition Remembers All the Times We Had Together

  07-02-2019 23:03 via news.yahoo.com
  Mazda finally gives Miata fans what they've been waiting for: a new color.
  
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• Trump adviser Kushner to visit Middle East on peace plan's economic part

  07-02-2019 23:00 via news.yahoo.com
  Kushner, who is President Donald Trump's influential son-in-law, and Trump's Middle East envoy, Jason Greenblatt, plan stops in Oman, Bahrain, Saudi Arabia, the United Arab Emirates and Qatar on their week-long trip, two senior White House officials said.Kushner and Greenblatt, joined by State Department envoy Brian Hook and Kushner aide Avi Berkowitz, will not brief the diplomats on the "political component" of the peace plan, which covers all core issues of the decades-old conflict between Isr
  
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• Trump-Kim summit venue shows possibility of moving beyond conflict: State Department

  07-02-2019 22:52 via news.yahoo.com
  State Department spokesman Robert Palladino told a news briefing that U.S. Special Representative for North Korea Stephen Biegun was in Pyongyang to prepare the Feb. 27-28 summit and seeking progress on commitments made at the first meeting between President Donald Trump and North Korean leader Kim Jong Un in Singapore in June.Palladino reiterated that sanctions relief that North Korea has been seeking would follow its denuclearization.
  
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• Twitter hammered as user losses overshadow improving finances

  07-02-2019 22:50 via news.yahoo.com
  Twitter shares took a pounding Thursday as an unsettling update on its global user base offset upbeat figures on revenues and profits in the past quarter.Shares skidded 9.8 percent to close at $30.80 following Twitter's fourth quarter update, which showed a consistent profit trend despite a shrinking number of users.Chief executive Jack Dorsey said the results reflect Twitter's efforts at "promoting healthy conversation" by weeding out fraudulent accounts used for abuse, harassment and political
  
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• EU, LatAm ministers call for free elections in Venezuela

  07-02-2019 22:47 via news.yahoo.com
  The political standoff comes with Venezuela mired in economic crisis, marked by hyperinflation and shortages of food and medicine.The GCI said it would make contact with Venezuelan authorities and regional and international partners to "establish the necessary guarantees for a credible electoral process, as soon as possible," and to allow in humanitarian aid sent by the United States to Colombia's border with Venezuela.
  
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• Trump Fears Schiff Is Recruiting White House Employees for Probe

  07-02-2019 22:43 via news.yahoo.com
  Schiff has hired one former career official at the National Security Council, Abigail Grace, who left the White House last year, the people said.A second career employee detailed to the Trump White House is also considering joining Schiff’s staff, according to people familiar with the matter.
  
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• Aid Trucks Arrive as Maduro’s Forces Dig In at Border Bridge

  07-02-2019 22:32 via news.yahoo.com
  Two trucks arrived in the Colombian border town of Cucuta, and took the supplies to a warehouse next to an unused bridge that connects the countries.The supplies will be sent into Venezuela next week, opposition lawmaker Gaby Arellano said in a phone interview.
  
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• Trump-Russia news: President denounces Democrat investigations as his attorney general pick passes key Senate vote

  07-02-2019 22:26 via news.yahoo.com
  Just days after Donald Trump criticised congressional Democrats for “ridiculous partisan investigations”, the president is facing a renewed Russia inquiry from Congress that has left him complaining about presidential harassment.The president said as much in response to the announcement that Democrats in the House Intelligence Committee have re-opened their probe into Russian meddling in the 2016 election, marking yet another official investigation into the issue that has dogged the
  
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• The Latest: UN chief believes aid must not be politicized

  07-02-2019 22:23 via news.yahoo.com
  CARACAS, Venezuela (AP) — The latest on Venezuela's political crisis (all times local):
  
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• Taxes 2019: 10 common filing mistakes to avoid this year

  07-02-2019 22:18 via news.yahoo.com
  Every year, tax professionals see the same common errors, but this year is extra thorny after the tax law's major changes. Here are mistakes to avoid.
  
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• Alexandria Ocasio-Cortez’s wipes away tears at protest to defund US border agency: ‘They don't deserve a dime’

  07-02-2019 21:58 via news.yahoo.com
  Alexandria Ocasio-Cortez was seen wiping tears from her face after using the death of a seven-year-old migrant child to demand an end to funding for the nation’s border agency.At the event on Capitol Hill in Washington DC, the New York congresswoman said US Immigration and Customs Enforcement (ICE) did “not deserve a dime”, until it showed it cared about human rights.“Not only will we not agree to fund [ICE], but we are here to say that an agency like ICE, which repeatedl
  
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• Slowing global economic growth to deter U.S. rate hikes: RBC's Bishop

  07-02-2019 21:53
  U.S. central bankers are done raising domestic interest rates amid signals from Asia and Europe that global economic growth is sputtering, according to RBC Wealth Management's lead fixed-income...
  
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• Ocasio-Cortez: ICE Doesn’t ‘Deserve a Dime’ of Funding

  07-02-2019 21:50 via news.yahoo.com
  Representative Alexandria Ocasio-Cortez (D., N.Y.) said Thursday that she would work to deprive the Department of Homeland Security of funding until the agency adopts more permissive immigration-enforcement policies.“This is one of the most urgent moral issues and crises that we have in America right now,” Ocasio-Cortez said during a rally outside the Capitol building.Children dying in detention centers should not be a partisan concern.
  
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• Democrats float 'Green New Deal' to end fossil fuel era

  07-02-2019 21:38 via news.yahoo.com
  The document, unveiled by rising political star Representative Alexandria Ocasio-Cortez and Senator Edward Markey, marks the first formal attempt by lawmakers to define potential legislation to create big government-led investments in clean energy and infrastructure to transition the U.S. economy away from fossil fuels.The plan, which takes the form of a non-binding congressional resolution, outlines some of the most aggressive climate goals ever put forward by Democratic lawmakers and clashes d
  
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• US Democrats unveil carbon-neutral 'Green New Deal'

  07-02-2019 21:34 via news.yahoo.com
  Congressional Democrats on Thursday unveiled an unprecedented plan to reverse climate change and eliminate all US carbon emissions within 10 years, by taking drastic steps that would require transformational action across the economy.The "Green New Deal" introduced by liberal congresswoman Alexandria Ocasio-Cortez, a rising Democratic star in the House, and Senator Ed Markey is a dramatic, potentially unrealistic, statement of intent on a sustainable path forward."This is our first step," Ocasio
  
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• May, Juncker hold 'robust' Brexit meet, agree new talks

  07-02-2019 21:33 via news.yahoo.com
  Britain and the EU agreed Thursday to hold more talks to try to avoid a no-deal Brexit after a "robust" meeting between Prime Minister Theresa May and European Commission chief Jean-Claude Juncker.After his own talks with May, EU President Donald Tusk warned there was "no breakthrough in sight", although the British leader said she had seen willingness from Brussels to find a deal.May has been desperately trying to salvage the withdrawal agreement she spent months negotiating with Brussels, afte
  
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• Virginia Democrats hunker down amid blackface, sex assault scandal

  07-02-2019 21:30 via news.yahoo.com
  "I have never appeared in blackface," Cox, 61, said."As you know, I was a schoolteacher, and that's abhorrent."Both Governor Ralph Northam and Attorney General Mark Herring, who is second in line to be governor, have admitted to wearing blackface while in college in the 1980s.With its historic ties to 19th-century U.S. minstrel shows in which white performers would caricature black slaves, blackface is widely seen as racist in modern America, though it remained a trope of popular television show
  
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• Senators Seek to Punish Saudis Over Khashoggi Murder, Yemen War

  07-02-2019 21:27 via news.yahoo.com
  The bill would prohibit some arms sales to Saudi Arabia and bar U.S. in-flight refueling of Saudi coalition aircraft involved in the civil war in Yemen.The administration has said it already has halted the refueling.
  
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• Trucks carrying US humanitarian aid arrive at Venezuela border: AFP

  07-02-2019 21:22 via news.yahoo.com
  Cúcuta (Colombia) (AFP) - Trucks carrying desperately-needed US humanitarian aid arrived at the Venezuelan border on Wednesday, AFP reporters said.President Nicolas Maduro has refused foreign aid shipments, saying they would open the way for US military intervention to depose him.The convoy, which departed the day before from the city of Bucaramanga in northeastern Colombia, was cheered on its arrival by a group of Venezuelan migrants in Tienditas.
  
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• Donald Trump is doing everything right with North Korea: Today's talker

  07-02-2019 21:14 via news.yahoo.com
  What President Donald Trump has accomplished with Kim Jong Un is underappreciated, argues columnist Robert Robb.
  
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• UN inquiry says Khashoggi murder 'planned and perpetrated' by Saudi officials

  07-02-2019 21:07 via news.yahoo.com
  A United Nations-led inquiry into the murder of Saudi journalist Jamal Khashoggi said on Thursday that evidence pointed to a brutal crime "planned and perpetrated" by Saudi officials. Khashoggi's killing by a team of Saudi operatives on Oct. 2 provoked widespread revulsion and tarnished the image of Crown Prince Mohammed bin Salman, previously admired in the West for pushing deep changes including tax reform, infrastructure projects and allowing women to d
  
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• Harris, Gillibrand Call for Probe of Fairfax Accuser’s Allegations

  07-02-2019 21:06 via news.yahoo.com
  College professor Vanessa Tyson has alleged that Fairfax forced her to perform oral sex on him during the 2004 Democratic National Convention.Fairfax has forcefully denied the allegation.“I think there should be an investigation to determine what happened,” Harris told reporters on Capitol Hill. “Certainly her letter reads — it’s quite detailed, and suggests that there’s credibility there.
  
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• President Donald Trump shifts, signals optimism on government funding, border talks

  07-02-2019 21:04 via news.yahoo.com
  President Donald Trump is signaling optimism about the progress on border security negotiations as lawmakers try to reach a deal before Monday.
  
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• The Misguided Sliming of High-School Sports

  07-02-2019 21:01 via news.yahoo.com
  In the long shadow of this week’s Super Bowl, high-school football drew some unflattering attention, including headlines such as “As the Super Bowl Approaches, Is High School Football Dying a Slow Death?” (the Guardian) and “Rams’ Run to 2019 Super Bowl Reveals Cracks in Football from High School to the NFL” (Forbes).In recent years, high-school sports have had a tough go of it.Football’s concussion problem has spawned headlines such as CBS’s &ldqu
  
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• Amazon invests in self-driving car startup Aurora

  07-02-2019 20:46 via news.yahoo.com
  A self-driving car technology startup founded by former Google, Tesla and Uber executives said Thursday it secured $530 million in new funding that included a "significant" investment from Amazon.The funding round for Aurora Innovation led by Silicon Valley venture capital powerhouse Sequoia reportedly valued the startup launched just two years ago at more than $2.5 billion."We are always looking to invest in innovative, customer-obsessed companies, and Aurora is just that," Amazon said in respo
  
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• No, Trump Probably Isn’t Going to Negotiate a New Nuclear Treaty With China

  07-02-2019 20:43 via news.yahoo.com
  Beijing would want something in return that Trump likely won’t give up.
  
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• Woman found dead in suitcase identified as NY resident

  07-02-2019 20:42 via news.yahoo.com
  HARTFORD, Conn. (AP) — A woman found dead and bound in a suitcase in a wooded area of Connecticut was identified Thursday as a 24-year-old New York resident who worked at a bookstore and aspired to be a tattoo artist, according to police and co-workers.
  
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• Michael Cohen Search Warrant Documents to Be Made Partly Public

  07-02-2019 20:41 via news.yahoo.com
  Over objections from federal prosecutors, U.S. District Judge William Pauley on Thursday granted a request by media organizations for access to documents related to the April 9 FBI search of Cohen’s home, office and hotel room, while agreeing with the government that some materials must remain secret to protect ongoing investigations."The public interest in the underlying subject matter of the materials -- which implicates the integrity of the 2016 presidential election -- is substantial,"
  
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• Brexit Deadlock Continues as EU Rebuffs Theresa May’s Demands

  07-02-2019 20:32 via news.yahoo.com
  The U.K. and European Union pushed Brexit talks closer to the brink after Prime Minister Theresa May’s day of negotiations in Brussels failed to make any significant breakthrough.During a series of tense meetings, May and senior EU officials agreed their negotiating teams would get back round the table by the end of February in an attempt to break the impasse that threatens to push the U.K. crashing out of the bloc next month without an agreement.European Commission President Jean-Claude J
  
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• Pelosi throws shade on Ocasio-Cortez's 'Green New Deal' framework

  07-02-2019 20:31 via news.yahoo.com
  The House speaker has a word of caution for the freshman superstar.
  
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• The 2020 Nissan Rogue Sport Gets a Little Edgy

  07-02-2019 20:30 via news.yahoo.com
  Cosmetic and safety upgrades usher the Rogue Sport into the 2020 model year.
  
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• US pressed on Khashoggi killing ahead of deadline

  07-02-2019 20:28 via news.yahoo.com
  Rights groups pressed US President Donald Trump to take action over Saudi Arabia's killing of dissident writer Jamal Khashoggi on the eve of a Friday deadline by Congress to punish perpetrators.Khashoggi, a contributor to The Washington Post who lived in self-imposed exile in Virginia, was killed and dismembered when he visited the conservative kingdom's consulate in Istanbul on October 2.A special UN rapporteur said Thursday that the killing was "planned and perpetrated" by Saudi officials.
  
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• Trump's attorney general nominee Barr passes first hurdle

  07-02-2019 20:22 via news.yahoo.com
  US President Donald Trump's nominee for attorney general Bill Barr, who would have control over the Russia collusion probe, passed his first confirmation hurdle Thursday in the Senate Judiciary Committee.Barr, a longtime communications industry lawyer who was originally attorney general in the early 1990s, was approved 12-10, with all Republicans in support and all Democrats opposed.Barr would succeed Jeff Sessions, whom Trump sacked in November amid rising pressure on the White House from the R
  
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• Evidence shows Khashoggi murder planned, carried out by Saudi officials: U.N.

  07-02-2019 20:16 via news.yahoo.com
  Khashoggi's killing by a team of Saudi operatives on Oct. 2 provoked widespread revulsion and tarnished the image of Crown Prince Mohammed bin Salman, previously admired in the West for pushing deep changes including tax reform, infrastructure projects and allowing women to drive.U.S. intelligence agencies believe Crown Prince Mohammed ordered an operation to kill Khashoggi, a critic and Washington Post columnist, and say his body was dismembered and removed to a location still publicly unknown.
  
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• EU-backed group calls for political solution to Venezuela crisis

  07-02-2019 20:15 via news.yahoo.com
  International pressure on Maduro to step down has intensified this week as a flood of EU members followed the U.S. move to recognise opposition leader Juan Guaido as interim president of the economically shattered South American nation.Russia and China continue to back Maduro and have warned Washington and others not to intervene.Holding its inaugural meeting in Uruguay's capital Montevideo, the European Union-backed International Contact Group on Venezuela called for a more hands-off approach t
  
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• US border crisis: Arizona city denounces Trump administration’s razor wire as ‘inhuman’

  07-02-2019 20:14 via news.yahoo.com
  A small border city in Arizona is pushing back against Donald Trump’s decision to install razor wire along its border, with a proclamation that would officially call the measures “irresponsible” and “inhuman”.The city officials in Nogales considered the proclamation on Wednesday, just days after a report indicated the US military installed more concertina wire along the border fence that separates the city from Mexico.The installation of the concertina wire has beco
  
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• Pelosi turns nose up at Ocasio-Cortez’s ‘Green dream or whatever’ carbon-neutral economy plan

  07-02-2019 19:59 via news.yahoo.com
  Nancy Pelosi appeared to poke fun at Alexandria Ocasio-Cortez’s ambitious proposal to create a carbon neutral economy within ten years, referring to the plan as “the green dream or whatever they call it”.The New York congresswoman and senator Ed Markey of Massachusetts, unveiled a proposal termed the Green New Deal, they say will tackle climate change, transform the economy, and create large numbers of jobs in renewable energy.“Even the solutions that we have considered b
  
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