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Monthly Archives: February 2018

Delta interested in new mid-size Boeing jet, despite trade spat

David Ryder | Bloomberg | Getty Images A Boeing Co. 737 MAX 9 jetliner sits on the production floor at the company’s manufacturing facility in Renton, Washington, U.S., on Monday, Feb. 13, 2017. Delta Air Lines said on Tuesday that Boeing’s anticipated new mid-market jet is an “interesting concept,” in …

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Trump urges Senate to pass Senator Grassley’s immigration bill

Samuel Corum | Anadolu Agency | Getty Images Senator Chuck Grassley (C), Chairman of the Senate Judiciary Committee. U.S. President Donald Trump on Wednesday said he supported Republican U.S. Senator Chuck Grassley’s immigration bill and urged the full Senate to back it, according to a statement issued by the White …

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This $2,000 expense could blindside happy homebuyers

Matthew Busch | Bloomberg | Getty Images A new home for sale stands in the Andalucia neighborhood of The Dominion gated community in San Antonio, Texas. Enjoy your pristine lawn and beautiful pool: The cost of keeping up these amenities may be burning a hole in your wallet. Prospective homeowners …

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Apple iPhone chips could be supplied by a Chinese maker for first time

Getty Images Apple CEO Tim Cook (R) and Apple chief design officer Jonathan Ive (L) look at the new Apple iPhone X during an Apple special event at the Steve Jobs Theatre on the Apple Park campus on September 12, 2017 in Cupertino, California. Apple is in talks to buy …

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Suspect held, black SUV stopped at barrier after a shooting outside the National Security Agency

Getty Images The seals of the U.S. Cyber Command, the National Secrity Agency and the Central Security Service greet employees and visitors at the campus the three organizations share March 13, 2015 in Fort Meade, Maryland. Police say authorities are responding to a shooting outside the National Security Agency campus …

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US Consumer Price Index rose 0.5% in Jan, vs 0.3% increase expected

Jim Young | Bloomberg | Getty Images A customer loads up a cart with bags of ice melt at a Home Depot store in Evanston, Illinois, Thursday, Feb. 8, 2018. U.S. consumer prices rose considerably more than expected in January, fueling fears that inflation as about to turn dangerously higher. …

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Insider trading is still rampant on Wall Street, two news studies suggest

Insider trading remains a rampant problem on Wall Street, with new research finding that the nation’s largest financial institutions pocket hefty sums with the help of nonpublic information. A study from the University of Cambridge and Stanford holds that well-informed insiders at major U.S. banks bolstered profits thanks to advanced …

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As Trump focuses on North Korea, Cambodia slips toward China

Andrea Pistolesi | Getty Images A factory in Phnom Penh. Cambodian companies have positioned themselves as low-cost, reliable manufacturers. Cambodia has a couple of other things going for it: Angelina Jolie and a generation of young people determined to rebuild their country from the poverty of previous generations and heal …

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This is the most important level to watch on the S&P, says equity strategist

After an unusually volatile string of sessions for U.S. equity markets, stocks have kicked off the week relatively calmly. Amid the market swings, one chart-minded strategist has identified a key level for the S&P 500 which carries significance for other major markets, too. The 200-day moving average has proven critical …

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US stocks set to rally at the open, amid earnings, inflation data

Michael Nagle | Bloomberg | Getty Images A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Tuesday, Jan. 2, 2018. U.S. stock index futures posted sharp gains ahead of Wednesday’s open, building upon the solid rise seen during the previous trading …

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