Money

by | March 25, 2019 | 07:08

That benchmark yield dropped below the yields on all maturities of T-bills for the first time in 12 years, what's called a yield-curve inversion that is often a harbinger of economic recession. "China trade and a global economic slowdown - there's little to be optimistic about". Readings above 50 indicate expansion, while anything below 50 indicates contraction.

by | March 25, 2019 | 06:33

Jet Airways, on the verge of going belly-up, has suspended operations on as many as 13 more worldwide routes till end-April even as it grounded seven more planes due to non-payment of rentals, taking the number of such aircraft to 54. The flights which have been suspended from Mumbai for this period include services to Abu Dhabi (12 weekly), Bahrain (4-7 weekly), and Dammam (14 weekly).

by | March 25, 2019 | 04:54

However, government fixed income yields are delivering, by one measure, a possible recession indication that hasn't happened since 2007. As Barron's reports , short-term bond yields reflect current economic strength, while "the long-term end of the yield curve - 10-year Treasuries and further out - is thought to indicate bond investors' long-term views of the market".

by | March 25, 2019 | 04:12

Musk called the regulator the "Shortseller Enrichment Commission" on Twitter after the settlement, and tweeted that "something is broken with SEC oversight" just one day after the agency started pursuing the contempt order. It also wrote that there was no free speech issue to address regardless, since it only imposes a requirement that he clear any relevant posts with his legal department before tweeting them out.

by | March 25, 2019 | 02:13

The move comes just days after Moore penned an op-ed in the Wall Street Journal that echoed some of Trump's attacks on Federal Reserve Chair Jerome Powell's economic policy. The Fed's patience, he said, does not mean it has ruled out any rate rises for the rest of the year, and it does not constrain its options. Powell said in a news conference that GDP growth is slower than expected and the Fed now projects 2.1 percent growth in 2019, well below the White House estimate, and just ...

by | March 25, 2019 | 01:40

Inland counties didn't fare as well; Riverside and San Bernardino lost a combined 2,500 jobs, for instance, and had an unemployment rate of 4.3%. Over the month, public sector employment was higher by 1,600 jobs, mainly due to gains at the local level (+1,300).

by | March 25, 2019 | 01:16

Besides being a spokesman, O'Neal will also join the company's board of directors and invest in nine of its restaurants in the Atlanta area. In addition, he is the founder and owner of Big Chicken , a fast casual fried chicken restaurant in Las Vegas, and Shaquille's, a fine dining restaurant in Los Angeles.

by | March 24, 2019 | 17:13

Thankfully no one had a cow with this courageous Texas man testing Petco's regulations. He added that the staff was "super friendly and courteous". But to their surprise, Oliver was welcomed with open arms by store employees, massive horns and all.

by | March 24, 2019 | 14:25

In November, GM shuttered five USA plants, including auto assembly plants in MI and OH as part of a 15 per cent cut in its workforce worldwide - cutting around 14,000 employees - which drew Trump's Twitter wrath. The expansion of the Orion plant stacks on the plan GM announced a year ago about investment and expansion plans at some of its other plants for a total of 2,700 job openings.

by | March 24, 2019 | 14:14

But Erdogan himself has sparked outrage overseas by screening excerpts of Tarrant's video at campaign rallies to denounce Islamophobia but also to shore up Islamic and nationalist sentiments before the March 31 local elections. Before leaving Istanbul to attend the election rally, Erdogan told the OIC that the empathy and reaction displayed by New Zealand Prime Minister Jacinda Ardern since the incident "should be an example to world leaders".

by | March 24, 2019 | 10:27

The company's IPO was priced at 17/share, and the shares (LEVI ) closed up 5.41 at 22.41 on the day. To attract young customers, Levi's is planning to expand its tailor shop and print bar that allow consumers to customize and put their own designs on the company's branded jeans and T-shirts.

by | March 24, 2019 | 09:41

The iPhone maker, which has officially been mum on its plans, was expected to bring in Jennifer Aniston, Reese Witherspoon and "Star Wars" director J.J. Yellin praised the success of Netflix's original Indian series Sacred Games as a good example. Back in November of past year, the company said it would start testing new, cheaper pricing options in developing countries.

by | March 24, 2019 | 05:38

On Aug. 15, 2012, Donald Lawson, of Lapeer, won a $337 million Powerball jackpot. This is the 4th-largest Powerball jackpot, and about a third the size of the largest lottery prize of all time, a $1.5 billion Powerball that was won by three tickets on January 13, 2016.

by | March 24, 2019 | 04:46

The companies ended its trials in Phase Three, not because of safety concerns , but because an independent data monitoring committee determined the trials would not meet the companies' goals. One of them is Allergan's Namenda. After discussion with regulatory agencies based on the results of a Phase II clinical study (Study 201), a single Phase III clinical study is being initiated to support a filing for BAN2401.

by | March 23, 2019 | 21:23

Levi made the IPO announcement late Wednesday, topping projections that believed it would offer 36.7 million of its Class A shares from $14 to $16. Discounters like Walmart have also been developing their own exclusive brands. Levi first went public in 1971. "There's a lot of competition, but Levi's has always been the brand in denim".

by | March 23, 2019 | 18:14

In a statement, CVS specified that it is not selling any CBD supplements or food-related products. Hemp has higher concentrations of CBD than its cannabis cousin, marijuana . Previous Congress legalized CBD and its production with the Farm Bill. "While hemp and hemp-derived CBD are no longer controlled substances under federal law, some state laws may be more restrictive than federal law and other states still prohibit or limit hemp", he said.

by | March 22, 2019 | 22:25

Additional product information and timing for the new Chevrolet EV will be released closer to production. According to the GM representative, the future of the Lordstown plant will be jointly decided by General Motors and the UAW. GM will invest $300 million in the facility, to build the new Chevy electric vehicle and bring 400 new jobs to the plant. The investment will go toward the production of another Chevrolet electric vehicle, which will be based on "an advanced version" of the Bolt ...

by | March 22, 2019 | 19:17

Ford said it expects more electric vehicle sales in the coming years largely because millennials, the fastest-growing segment of the USA population, are more open to buying them. All of the moves are part of the companys commitment to continuously find ways to boost its global competitiveness. Ford today announced it is expanding its production capacity for the companys next-generation battery electric vehicles at a second North American plant.

by | March 22, 2019 | 05:26

Facebook has limited the type of targeting advertisers can use when running housing , employment and credit ads , which are categories protected by federal law to prevent discrimination. On Tuesday, Sheryl Sandberg , Facebook's chief operating officer, announced on the company's website thatthe changes "will better protect people on Facebook".

by | March 21, 2019 | 11:41

Those vying for Saturday's possible jackpot could take home the eighth largest in the game's history. The odds of winning the jackpot with a $1 ticket are 1-in-13,983,816. Each victor has 180 days from the draw date to claim their prize in person at the Lottery's office in Madison. Of course, federal and jurisdictional taxes apply to both options.