Syria reached an agreement with the United Nations on Sunday to allow a team of international experts to visit the site of an alleged chemical weapons attack last week outside Damascus, said Syrian state media and the United Nations. (Aug. 25)
Kala Brown, a woman who was locked inside a metal container for more than two months, filed a lawsuit in civil court on Thursday seeking damages from suspected kidnapper and serial killer Todd Kohlhepp, reports WLOS, a local ABC affiliate. Brown was discovered by detectives searching Kohlhepp's property in rural South Carolina when they heard a banging coming from inside the container on November 3. Brown was found chained up "like a dog," inside the container after she went missing along with her boyfriend on August 31, according to police. Brown's suit alleges that after going out to the property "for the purpose of work that involved cleaning up," Kohlhepp "presented a firearm and took Miss
A Mexican official from the city that just lost out on 1,000 jobs it expected to take from an Indiana Carrier plant says that Donald Trump is "telling the truth" when he rails against U.S. job losses . Jaime Garcia Astorga, secretary of economic development of Santa Catarina in the state of Nuevo Leon, told CNBC on Friday that "nobody" believed the president-elect was serious when he "made a lot of declarations" to voters about keeping U.S. jobs in the United States. This is a learning lesson for our state," said Garcia.
Ever have one of those situations where you find out your brown-bagging coworker has a house at the beach? Or that the unassuming guy who sings next to you in the church choir made a five-figure donation to the symphony? You must be in the presence of what we like to call the "invisible rich." So, how do they do it? Sure, money like that can come from an inheritance or some other break, but more often than not, it’s the result of diligence, smart choices and, well, deferred gratification. The tenets followed by these secret millionaires next door can also put you on the path to financial prosperity. Let's look at some of them. Number 1: They don’t spend beyond their means Yes, this is obvious,
So far, the hundreds of protesters fighting the Dakota Access pipeline have shrugged off the heavy snow, icy winds and frigid temperatures that have swirled around their large encampment on the North Dakota grasslands. The government has ordered protesters to leave federal land by Monday, although it's not clear what, if anything, authorities will do to enforce that mandate. Demonstrators insist they will stay for as long as it takes to divert the $3.8 billion pipeline, which the Standing Rock Sioux tribe believes threatens sacred sites and a river that provides drinking water for millions of people.
Taking a breather from your job, even just for a few years, could cost you hundreds of thousands of dollars — and that’s over and above what you lose out on by not drawing a salary. Each year, thousands of Americans decide to take a break from their jobs: Nearly four in 10 women and 24% of men had taken time off from their career voluntarily, according to a survey of more than 3,000 people published by the Harvard Business Review and conducted by polling firm Harris Interactive. One of the most common reasons for doing so — particularly for women — is to care for a child or elderly parent. A survey by the Washington, D.C.-based think tank Pew Research Center found that 39% of mothers and 24%
Carrier employees are rejoicing Donald Trump's announcement on Thursday that their company will be keeping more than 1,000 jobs in Indiana. It's a reversal from Carrier's statement nearly a year ago that the Indianapolis-based air-conditioning company would relocate its plant to Monterrey, Mexico, starting in 2017. In a video that went viral in February, company president Chris Nelson can be seen delivering the bad news to a large crowd of employees.
Dec.01 -- President-Elect Donald Trump visited the Carrier plant in Indianapolis on Thursday. In his first major address since winning the 2016 election, he discussed regulations and trade with Mexico. As he did on the campaign trail, Trump called NAFTA “a total and complete disaster.”
The number of subprime auto loans sinking into delinquency hit their highest level since 2010 in the third quarter, with roughly 6 million individuals at least 90 days late on their payments. It’s behavior much like that seen in the months heading into the 2007-2009 recession, according to data from Federal Reserve Bank of New York researchers. “The worsening in the delinquency rate of subprime auto loans is pronounced, with a notable increase during the past few years,” the researchers, led by Andrew Haughwout, said Wednesday in a blog on their Liberty Street Economics site. Weakness among the lowest-rated borrowers plays out against a robustly growing vehicle lending market. Originations of
Republicans have pitched Obamacare “repeal and delay” — the idea of quickly repealing the Affordable Care Act, but leaving it in place for three years as they craft a replacement — as the path they’re most likely to pursue. Robert Laszewski is president of Health Policy and Strategy Associates, a Washington, DC-based consulting firm that works closely with many health insurers. During the botched Healthcare.gov launch, he provided some of the clearest and most accurate commentary about what was happening behind the scenes with health insurance plans.
Yes, it is possible to shop at Whole Foods without spending your whole paycheck – if you learn the tricks to saving money at the upscale grocer. “The company is unfairly characterized as being overpriced,” says Burt P. Flickinger III, managing director of Strategic Resource Group, a consumer industry consulting firm. “It’s becoming much more cost-competitive for consumers, particularly with [its house brand] 365 products.” A family of four would typically spend about $5,500 a year shopping at Whole Foods, estimates Flickinger. But by employing cost-cutting strategies available to any shopper, he says, that annual amount can drop by $1,000 or more. The chain, which specializes in natural and organic
Ford is recalling more than 680,000 midsize sedans mainly in North America because the front seat belts may not hold people in a crash. The recall covers certain 2013 to 2016 Ford Fusion, 2013 to 2015 Lincoln MKZ and 2015 and 2016 Ford Mondeo cars. Ford says heat generated when the seat belt pre-tensioners deploy can cause cables to break. If that happens the belts may not hold people. Ford says it knows of two injuries related to the problem. Pre-tensioners tighten seat belts when they sense that cars are stopping. Dealers will inject insulation into the pre-tensioners to protect the cables from heat at no cost to owners. The recall is expected to begin on Jan. 16. Most of the cars are in the
U.S. regulators are calling out AT&T and Verizon for exempting their own video apps from data caps on customers' cellphones. The Federal Communications Commission sent letters to the country's biggest wireless carriers Thursday saying the way they handle the practice, known as "zero rating," can hurt competition and consumers. The agency had warned AT&T in November and said Friday that AT&T's response did not ease its concerns. Other services — say Hulu or Netflix — can pay Verizon and AT&T so that consumers could also use those apps without eating up cellphone data. The FCC says that could harm the market for streaming services as it makes it more expensive for internet companies to compete
Carol Tomè loves working as Home Depot's CFO so much that she wakes up every morning ready to fight the competition. "Every morning we get up paranoid, getting ready to fight that competitor," Tomè told "Mad Money" host Jim Cramer. Tomè has been CFO for 15 years and oversees real estate, financial services and strategic business development for the company — and she's more than just someone who loves numbers. Cramer refers to her as "the heart and soul of Home Depot." "I love, love, love to do it," Tomè said. "And when you do what you love, you can be more effective in your job." "Every morning we get up paranoid, getting ready to fight that competitor." -Carol Tomè, Home Depot CFO Tomè, whose
Car dealers are looking to help bailout car owners. The number of new-car buyers who are underwater on previous auto loans is just over 31%, that’s according to JD power. The average amount of negative equity hit $4,800 earlier this year. Now, automakers are looking to help these people get behind the wheel of a new car.
Two days after the election, President-elect Donald Trump met with outgoing president Barack Obama to start planning the transition. Until then, the Republican successor to the White House had adamantly insisted that the Affordable Care Act (ACA) had to be repealed on day one of his administration. After an afternoon with Obama, Trump appeared to back down a little from that campaign promise.
The future U.S. first lady has hired a law firm in her native country to protect her name and image from being used on numerous products that have sprung up since her husband, Donald Trump, was elected president. Natasa Pirc Musar, director of the Pirc Musar&Partnerji law firm, said Friday that the use of the name "Melania Trump" for commercial purposes without approval of her client would be against the law in the small Alpine state and would represent a violation of personal rights.
As you may already know, one of the largest factors in determining your credit scores is your credit utilization ratio, or how much debt you have compared to your credit limits. No, that doesn't mean it's essential to carry a zero balance to have a good credit utilization ratio. In fact, credit experts recommend keeping your debt level at 30%, ideally 10%, of your total credit limit.
Kroger lowered its profit expectations for the year as it fights with other grocers for more of the customers' dollar even as food prices fall. The nation's largest grocery chain has historically had leverage in the industry with suppliers because of its size, but now it's competing with companies like Wal-Mart and Target as well. And even some of the largest retailers in the world are unable to lure more customers given the trend in food prices. According to U.S. statistics released two weeks ago, prices for the food that Americans take home fell 2.3 percent over the past 12 months, the largest decline since 2009 when the nation was staggering through the worst economic downturn in decades.
Drew Greenblatt, owner of Baltimore-based Marlin Steel, is already seeing a revival of U.S. manufacturing — even before President-elect Donald Trump takes office next month. His company, which makes steel wire baskets, saw an influx of new orders the day after the election that was big enough for him to hire four new workers. Four new jobs is a start toward Trump's goal of rebuilding the U.S. manufacturing base. But no matter what policies he puts in place, or deals he strikes, it's unlikely factories will create enough new jobs to replace the millions that have been lost to offshoring and improved productivity. And excitement over Trump's manufacturing plans was stoked this week with news that
President-elect Donald Trump will be in Indiana today to celebrate an agreement with the Carrier Corp. to keep its air-conditioner plant open in Indianapolis, saving 1,000 jobs in the process. The company had planned to shift operations to Mexico, so the announcement is being viewed as a big win for the incoming administration, which has promised to create jobs and stop manufacturing companies from fleeing the country. “In essence, United Technologies took Trump hostage and won,” former presidential candidate and current U.S. Senator Bernie Sanders wrote in a Washington Post op-ed.
QWhat is the maximum amount of earnings that will be subject to Social Security taxes in 2017? How does that limit and the tax rate compare with 2016? AThe maximum amount of earnings on which you pay Social Security taxes is rising from $118,500 in 2016 to $127,200 in 2017. This is the largest increase in recent years. The limit was also $118,500 in 2015, and it was $117,000 in 2014. For historical context, the Social Security tax applied to the first $76,200 of earnings in 2000, $51,300 in 1990 and $25,900 in 1980. The tax applied to the first $3,000 of earnings in 1937, when Social Security started, and the limit remained there through 1950. See the table showing the limit for every year. The
About half of Americans call it quits between ages 61 and 65 while 18% retire even earlier, according to the data shown here from LIMRA Secure Retirement Institute. By age 75, 89% of Americans have left the labor force, LIMRA says. Along with stopping work early, most Americans begin collecting Social Security before their full retirement age, which is 66 for many and rises to 67 for those born after 1960, LIMRA says in a recent report.
Time could be running out for U.S. equities. Stocks have continued to hit new highs this year despite concerns over global growth, geopolitical events, and an earnings recession. That dissonance may be coming to an end as analysts at Bank of America Corp. predict we are approaching the market’s last hurrah. The crux of the argument is that the firm’s contrarian sell side indicator, which measures Wall Street’s bullishness on equities, jumped to a six-month high in November, its biggest gain in more than a year. Right now, the index is pointing toward a rally of almost 20 percent for U.S. stocks over the next 12-months, but the analysts believe that a rally of that magnitude could mark the end
Investors are making a small move back to traditionally safe assets Friday afternoon after rallying over the last few weeks. Bond prices are rising, as are real estate, telecommunication and household goods companies. Banks are falling as lower bond yields make it harder for them to make money from lending. The Dow Jones industrial average, which closed at a record high a day ago, is down slightly. KEEPING SCORE: The Dow lost 19 points, or 0.1 percent, to 19,173 as of 3:40 p.m. Eastern time as Goldman Sachs, which closed at a nine-year high Thursday, skidded. The Standard & Poor's 500 index rose 1 point, or 0.1 percent, to 2,192. The Nasdaq composite added 5 points, or 0.1 percent, to 5,256.
Going to college promises the opportunity to further your education, meet new people and get a taste of independence. It does not guarantee a lucrative career after graduation. While it's true that a worker with a bachelor's degree typically earns 67.7% more than someone with just a high school diploma, according to the U.S. Bureau of Labor Statistics, what you study can be a better indicator of your future employability and earnings potential. We analyzed data for 215 popular college majors, looking at the typical starting and mid-career salaries expected from each. We also examined recent online job postings seeking candidates with those majors, as well as long-term growth expectations for