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Monthly Archives: May 2018

North Korea proposes talks on May 16: South Korean ministry

Korea Summit Press Pool | Getty Images North Korean leader Kim Jong Un (L) takes hand of South Korean President Moon Jae-in (R) to cross the military demarcation line (MDL) to the north side upon meeting for the Inter-Korean Summit April 27, 2018 in Panmunjom, South Korea. North Korea and …

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China industrial output in April at 7.0%

Feng Li | Getty Images Workers assemble televisions on the production line of Tianle Group Co., Ltd on July 3, 2012 in Shengzhou of Zhejiang Province, China. China’s industrial output grew 7.0 percent in April from a year earlier, much more than expected, but fixed-asset investment growth slowed to 7.0 …

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Seattle City Council’s new tax on companies, including Amazon

Mike Kane | Bloomberg | Getty Images The Amazon Spheres in Seattle, Washington, on Tuesday, January 23, 2018. Seattle’s city council on Monday voted to impose a new “head tax” on the city’s biggest companies, including Amazon, as a way of fighting a housing crisis sponsors attribute largely to a …

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Here’s where you can bet on sports

State legislators across the nation are racing to authorize sports gambling after the U.S. Supreme Court on Monday ruled states can legalize the practice. But where can you bet on sports now? Betting on sports remains exclusive to Nevada, for the moment. With New Jersey at the center of the …

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Ted Sarandos at MoffettNathanson conference

Victor Chavez | Getty Images Netflix content executive director, Ted Sarandos attends the Vive Netflix 2017 at Museo Casa de la Bola on August 2, 2017 in Mexico City, Mexico. Ted Sarandos, Netflix’s chief content officer, said one of the ways the company was able to lure screenwriter Ryan Murphy …

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Kushner hails new Jerusalem US Embassy as Palestinians are killed

Menahem Kahana | AFP | Getty Images Israel’s Prime Minister Benjamin Netanyahu (2nd L), his wife Sara Netanyahu (L), Senior White House Advisor Jared Kushner (C), US President’s daughter Ivanka Trump (C-R), US Treasury Secretary Steve Mnuchin (R) and Israel’s President Reuven Rivlin (2nd R) attend the opening of the …

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United Airlines has change of heart about beloved tomato juice

Gary Hershorn | Getty Images A United Airlines airplane takes off at Newark Liberty Airport on March 23, 2018 in Newark, New Jersey. United Airlines is bringing back tomato juice. Late Thursday, United said it would initiate plans to restock airplane galleys with a beverage apparently more beloved by many …

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China is reportedly close to removing tariffs on agricultural products in exchange for relief for ZTE

China may remove tariffs on U.S. agricultural products, including soybeans, according to reports from Reuters and Dow Jones. The two outlets said Monday U.S. and Chinese officials are working on a deal that would reprieve China’s ZTE from sanctions which prohibit U.S. companies from selling components to the company. In …

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These 7 growth stocks — including Amazon — should rally even in a flattish market

Getty Images Workers pack and ship customer orders at the 750,000-square-foot Amazon fulfillment center in Romeoville, Illinois. With the S&P 500 not likely to do much the rest of the year, Goldman Sachs says there is still an investment strategy that can outperform. The firm recommended companies with strong prospects …

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Deficit-unemployment rate disconnect could fuel higher interest rates

America’s budget deficit and unemployment rate are heading in opposite directions — something that’s never happened during post World War II peacetime and could cause a significant jump in interest rates. Goldman Sachs projects, for instance, that the 10-year Treasury note could be yielding 3.6 percent next year. The deficit …

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