Houston has fastest growing economy in the US, according to the federal government's numbers
Tom: I'm not a Donald Trump fan. But I put his picture next to that of Bruce Jenner (present day) and common sense tells me who has a healthier perception of the world. Just like common sense tells me that it's ridiculous to allow people as fundamentally confused as Bruce Jenner to share a bathroom facility with my young daughter or wife.
President Donald Trump brought two dozen manufacturing CEOs to the White House on Thursday and declared their collective commitment to restoring factory jobs lost to foreign competition. "The jobs are there, but the skills are not," one executive said during meetings with White House officials that preceded a session with the president. The discussion of job training and worker skills is a relatively new one for Trump, who campaigned for the White House on promises to restore manufacturing jobs that he said had been lost to flawed trade deals and unfair competition from countries like Mexico and China.
Alan Colmes, the radio and television host and commentator best known as the amiable liberal foil to the hard-right Sean Hannity on the Fox News Channel, has died. Fox spokeswoman Dana Klinghoffer confirmed his death Thursday. Fox also aired a tribute to Colmes, narrated by Hannity, and a statement from his family saying that he died Thursday morning after "a brief illness." Colmes was 66 and is survived by his wife, Jocelyn Elise Crowley, the sister of longtime Fox contributor Monica Crowley.
Former House Speaker John Boehner (R-OH) has been watching the controversy over health care play out from the sidelines, and he understands better than most how hard it is to forge a compromise within his party, even under the best of circumstances. Boehner is no fan of President Donald Trump, and declared last December that the election campaign had been “the most bizarre political year that we've seen in 100 years.” In the new Trumpian political era, Boehner is persona non grata among many Republicans he once led. While the former speaker’s comments will be taken with a grain of salt by diehards determined to repeal and replace the Obamacare later this year, Boehner on Thursday predicted that Trump and the Republicans would fall far short of their goal.
It's a good thing Popeyes Louisiana Kitchen (PLKI) was bought by Restaurant Brands International (QSR) on Tuesday because its 2016 fourth quarter earnings were far from savory. After Wednesday's market close, Popeyes reported fourth quarter earnings of 44 cents a share, lower than the 47 cents a share analysts expected. Shares of Popeyes fell slightly in after-hours trading to $78.85. Popeyes did post revenue of $61 million for the three-month period ended Dec. 25, compared to Wall Street's expectations of $59.9 million. For the full year, the company posted earnings of $1.98 a share and revenue of $268.9 million. Analysts were anticipating Popeyes to report earnings of $2.11 a share on $267.8
Sears laid off 130 employees at its corporate offices on Thursday as the company struggles to stay afloat after a dismal holiday quarter. Sears CEO Eddie Lampert announced the layoffs in an email sent to corporate employees on Thursday afternoon.
Coming in at around $86 billion, Bill Gates has ridden his Microsoft (MSFT) fortune straight to the top of the Forbes list of the world’s richest men. If it did, there’d likely be a new top dog, according to reports that revisited the idea that Vladimir Putin’s net worth, virtually impossible to measure, tops $200 billion. “I believe that [Putin is worth] $200 billion,” he once told CNN.
North Korea appeared to lash out at Beijing Thursday in a state media commentary, despite the fact that it has long relied on China for economic and diplomatic support. WSJ's Lee Hawkins explains. Photo:
Meet D'Artagnan, Athos, Porthos, and Aramis. The names stem from characters in the French novelist Alexandre Dumas's "The Three Musketeers," but in the Mont-de-Marsan military base in southwestern France, the four musketeers are of the feathery kind. The golden eagle quartet, as reported by local media Agence France-Presse, are being trained to detect, hunt, and take down enemy drones in the sky. After the November 2015 Paris attacks, France is on alert for any other terrorism threats on the horizon. Drones, otherwise known as unmanned aerial vehicles (UAVs) can be used by terrorist factions for surveillance purposes -- or potentially as part of wider attacks such as dropping small bombs on civilian
When it comes to savings, Americans are falling short. Nearly 70% of adults have less than $1,000 in their savings accounts . Retirement funds are looking equally bleak. In fact, about half of US families have zero retirement account savings . "Particularly
It looks like people didn't eat up enough Papa John's (PZZA) pizzas during football season as Wall Street bankers had hoped. Shares of the pizza giant plunged 8% to $78.83 Wednesday after fourth quarter sales fell short of Wall Street's estimates. Papa John's fourth quarter adjusted earnings came in at 88 cents a share, higher than the 66 cents expected by analysts. But, the company posted weak revenue of $439.6 million, missing Wall Street's estimates of $447 million. System-wide same-store sales in North America rose 3.8%, falling short of estimates for a gain of 5.9%. It's not hard to blame Wall Street for the harsh reaction: shares of Papa John's have surged about 38% over the past year,
You can find plenty of employers that offer retirement plans with generous matching contributions and low-cost investing options. But if you want access to the 10 best 401(k) plans, it helps to be an airline pilot, a quarterback, a roughneck or a chemist
Only hours earlier, President Donald Trump suggested the opposite. Kelly, speaking in Mexico's capital, said all deportations will comply with human rights requirements and the U.S. legal system, including its multiple appeals for those facing deportation.
Norwegian is expanding its network of flights to the United States starting in mid-June after receiving long-awaited U.S. approval in December for its Irish subsidiary Norwegian Air International to operate routes across the Atlantic. Established U.S. carriers have been forced to consider restricted cheaper fares and redesigned cabins with more seats to win budget-conscious travelers to compete with Norwegian and rival Icelandic carrier Wow Air.
Health insurance provided by your employer is free from income and payroll tax, regardless of how expensive the insurance is. Your health insurance would be excluded from tax only up to a cap. The tax exclusion for health insurance distorts healthcare markets, encouraging people to spend more on healthcare than they otherwise would.
The fastest and most powerful production car in history, the 1,500 hp Bugatti Chiron is currently being produced at a pace seemingly diametric to its dynamism. Less than 12 months after the reveal of its latest model, Bugatti has released details about the painstaking process and attention to detail involved in the creation of each example, a cycle that will result in customer deliveries within the first quarter of this year. Such exclusivity demands a boutique construction approach, one that the automotive specialists at the Bugatti Atelier in Molsheim, France, embrace.
Hacking is a fact of life for business and consumers alike. Often, leaked data surfaces and is sold to miscreants—hackers, shady government organizations, and other bad actors—on the Dark Web. The Dark Web—or darknet, backweb, onionweb—is frequently misunderstood. The network is used by legitimate actors like law enforcement organizations, cryptologists, and journalists as often as by malefactors and criminals. TechRepublic's smart person's guide is a routinely updated "living" precis about how the Dark Web works, the content that populates the encrypted internet, and the encryption tools needed to safely navigate the network. Executive summary What is the Dark Web? Much like the internet—or
Warren Buffett made a $1 million bet in 2007: that hedge funds would not outperform index funds over the next 10 years. WSJ's Nicole Friedman checks the numbers and handicaps Buffett's chances of winning the bet on Lunch Break with Tanya Rivero. Photo: Bloomberg
White House Chief Strategist Steve Bannon made a rare public appearance on Thursday, speaking at the Conservative Political Action Conference outside Washington, DC, where he described what he sees as a “new political order” forming in the US. Bannon was making a joint appearance with White House Chief of Staff Reince Priebus that was moderated by Matt Schlapp, chairman of the American Conservative Union.
The S&P/Case-Shiller composite index of prices in 20 metropolitan areas is forecast to rise 4.9 percent in 2017 and 4.0 percent next year, according to the poll of about 30 analysts. U.S. President Donald Trump signed an executive order in early February to review major banking rules put in place after the 2008 financial crisis caused millions of people to lose their jobs and homes. "Moving to ease back on those regulations now, when the market is already recovering and house prices are rising, would only increase the risk of another dangerous bubble forming," said Capital Economics property economist Matthew Pointon.
Who said retail stinks? Tell that to the richest family in America, who got multi-richer Tuesday after shares of Walmart (WMT) rose 3% following a better-than-expected fourth quarter. Shares have trekked slightly higher on Wednesday to $71.89. That jump deepens the pockets even more of Sam Walton's three surviving children—Rob, Jim and Alice. On Wednesday, Rob's shares were worth $240 million, Jim's, $755 million, and Alice's, $501 million, according to data compiled by TheStreet. Rob is on the retailer's board and its retired chairman. He has a net worth of $35.8 billion, the 15th highest in the world, according to Bloomberg data. Jim, whose net worth clocks in at $35.4 billion (17th wealthiest
At a time when President Donald Trump is signaling an American withdrawal from a leadership role in global affairs, Chinese President XI Jinping is increasingly willing to pick up the slack. The Chinese state media, in recent days, has been stressing what it characterizes as a major shift in Beijing’s posture toward the rest of the world. Last month, speaking at the World Economic Forum in Davos, Switzerland, Xi mounted a strong defense of global trade at the same time that the Trump administration was promising to withdraw from a major trade deal among Pacific nations that notably excluded China.
Staff cuts at Lowe’s are hitting the home improvement retailer’s headquarters in North Carolina. The company announced it was laying off 430 people from its headquarters in Mooresville. will also cut an additional 70 support positions in its Wilkesboro
It can be very difficult to find companies that are both flying under the radar, and still might have potential for gains. One way to find these underappreciated stocks is by looking at companies that haven’t seen their share prices move higher lately, but have observed analysts raising earnings estimates for their stock. One such company that looks well positioned for a solid gain, but has been overlooked by investors lately, is Western Digital Corporation WDC.
To reach your savings goals, you don't necessarily have to create a highly-detailed budget that allocates money for categories like clothes, coffee and bars. Start by checking out how much you should have saved at every age .
As rising home prices, slow new home construction, and demographic shifts push homeownership rates to 50-year lows, the U.S. is increasingly a country of renters—and landlords. Last year, 37 percent of homes sold were acquired by buyers who didn’t live in them, according to tax-assessment data compiled in a new report published by Attom Data Solutions and ClearCapital.com Inc. That number may include second homes, or properties acquired by investors who seek to fix up old homes and resell them at a profit. But it’s also a strong indication that landlords are playing a larger role in the U.S. housing market. In the years following the foreclosure crisis, Wall Street drove a rise in the share of