Dennis Gartman,The Gartman Letter, explains why he has decided the time has come to buy the precious metal again.
The Internet is all about the moment George W. Bush cracked Barack Obama up during Bill Clinton’s speech at a hurricane relief concert attended by all five living former U.S. presidents. While Clinton spoke at Saturday night’s “Deep From the Heart:
In Chimamanda Ngozi Adichie’s world, Melania Trump is listless, and a bit racist. In a new short story by the author of the 2013 novel Americanah, Adichie imagines an exchange between “Mrs. T” and her black Pilates instructor, Janelle. The story extends the world she created (paywall) last June, in a story told from the perspective of the first lady. The Nigerian-born writer published “Janelle Asked to the Bedroom” on T Magazine’s site (paywall) and in a series on Instagram Friday. In the story, told from Janelle’s perspective, the pilates instructor meets a despondent Mrs. T in her apartment bedroom. The two have a brief, uncomfortable exchange in which Mrs. T reveals, among other things, that
Texas police say they have found the body of a young child during the search for Sherin Mathews, a 3-year-old girl who went missing from a Dallas suburb two weeks ago after being sent out of her home in the middle of the night as punishment. A child’s body was found on Oct. 22 in a culvert beneath a road in the suburb of Richardson, Texas. Sherin, who was adopted by Wesley Mathews and his wife Sini from an orphanage in India, was reported missing on Oct. 7 after her father made her stand outside their home at 3 a.m. as punishment for not drinking her milk, the Washington Post reports.
Prince Alwaleed Bin Talal, Kingdom Holding Company chairman, talks about comments President Trump's comments on Islam, and Saudi Arabia's relationship with the United States.
Amazon said Monday that it received 238 proposals from cities and regions in the United States, Canada and Mexico hoping to be the home of the company's second headquarters. Proposals were due last week, and Amazon made clear that tax breaks and grants would be a big deciding factor on where it chooses to land. Amazon.com Inc. did not list which cities or metro areas applied, but said the proposals came from 43 U.S. states, as well as Washington, D.C. and Puerto Rico, three Mexican states and six Canadian provinces.
With Republicans'Â tax reform plan finally starting to take shape, it's a good idea to look into how your favorite tax breaks could change. While there are likely to be substantial changes to the tax reform plan before it potentially becomes law, it seems clear that many of today's itemized deductions will no longer exist. Unfortunately, it's not on the (very short) list of itemized deductions that the GOP plans to retain in tax reform.
More than 100 cities submitted bids to become Amazon’s second corporate home--a prize that could bring 50,000 new high-paying jobs and a big boost of civic prestige. The bidding ended last week and, though is not expected to announce the winner until 2018, one city has emerged as the early favorite according to popular betting website Paddy Power. As you can see from the screenshot below, Atlanta is the frontrunner at two-to-one odds with Austin and Boston as the initial runners-up.Also notable in the Paddy Power odds is that a Canadian city, Toronto, is currently number four to win the Amazon prize.
Get ready for a 'tale of two markets,' says oil expect Tom Kloza 5:57 PM ET Thu, 19 Oct 2017 | 01:31 The United States has started doing something unprecedented when it comes to oil, and the impact is expected to grow into next year. Tom Kloza of the Oil Price Information Service is alluding to the U.S. ramping up exports. It follows the 40-year ban that was lifted two years ago. "The highlight you need to watch for the next few months is going to be more record breaking exports of crude oil. Our view is that it's going to soften the price for Brent," the firm's global head of energy analysis said recently on CNBC's "Futures Now." According to Kloza, it's possible the U.S. will export 15 million
Celgene Corporation ( CELG) sent shock waves through the biotech sector on Friday after announcing that it would abandon Phase III research on GED-0301, a key drug application for the treatment of Crohn's Disease. The iShares Nasdaq Biotechnology Index Fund ( IBB), which holds a 7.87% Celgene weighting, fell to a three-week low and into a test at the 50-day exponential moving average (EMA). Celgene shares broke out above the August 2008 high at $38.69 in January 2013 and took off in a powerful trend advance, posting a long series of new highs into the July 2015 top at $140.72.
Senator John McCain (R-AZ) appeared to take aim at President Donald Trump’s draft deferrals during the Vietnam War this week, following a series of public rebukes of the Trump administration. In an interview about the Vietnam War on C-SPAN3, American History TV, on Oct. 22, McCain criticized “high income” draftees who avoided military service while apparently alluding to the president’s own draft exemption — but he did not mention Trump by name. “One aspect of the [Vietnam] conflict by the way that I will never, ever countenance is that we drafted the lowest income level of America and the highest income level found a doctor that would say that they had a bone spur,” he said, naming the ailment under which Trump received medical deferrals.
Your 50s are a pivotal time not just in your career, but on the road to retirement. By the time your 50s roll around, you'll have conceivably been working for a good 30 years, which means your earnings will likely have peaked.
Shares of Apple (AAPL) are down 31 cents at $155.94, despite an upbeat note this morning from RBC Capital’s Amit Daryanani, who writes that higher prices for the iPhone will offset lower sales volume for the device the next couple years. What had been thought to be a “super cycle” for the iPhone, writes Daryanani, is now a “super-long cycle” as sales stretch out into coming quarters. Daryanani has an Outperform rating on Apple shares, and an $180 price target, takes his cue from recent rumors of further delays in the forthcoming iPhone X — analysts at Mizuho wrote last week that delays in production could dent the outlook for this quarter when Apple reports earnings on November 2nd. A report
Per the latest Earnings Trends (as of Oct 20), total earnings for these companies are up 9.4% from the prior-year quarter on 7.3% higher revenues, with 71.3% positive earnings surprises and 70.1% beating revenue estimates.Revenues for this cohort were up 4.4% sequentially. Texas Instruments TXN or TI is likely to beat third-quarter 2017 expectations as it has a favorable combination of a Zacks Rank #2 (Buy) and an Earnings ESP of 0.07%.
Retailer Meijer said it was recalling packaged vegetables in six U.S. states because of possible contamination from Listeria monocytogenes bacteria, which can cause fatal food poisoning in young children, pregnant women and elderly or frail people. Meijer, based in Grand Rapids, Michigan, said there were no illnesses reported as of Sunday. The recall affects 35 products and includes vegetables such as broccoli, cauliflower and asparagus as well as party trays sold in Meijer-branded plastic or foam packaging in Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin between Sept. 27 and Oct. 20, the company said on Saturday.
Saudi billionaire investor Prince Alwaleed bin Talal said Monday that bitcoin will "implode" one day. The billionaire investor was referring to the massive accounting fraud that took Enron, a U.S. energy-trading and utilities giant, into bankruptcy in late 2001. The company is based in Riyadh, Saudi Arabia.
The outlook suggests Halliburton's current-quarter might not be as strong as its latest quarter, echoing warnings on Friday from its two bigger rivals, Schlumberger NV and Baker Hughes . Halliburton's shares fell about 1.5 percent. Schlumberger was down 1.5 percent, while Baker Hughes fell 4 percent.
Gretchen Carlson has come out swinging against her former network after a report that Fox News offered its former anchor Bill O’Reilly a contract renewal despite knowledge of sexual harassment allegations against him. “It’s horrifying to think that any company would dismiss an employee following multiple allegations of sexual harassment and then allow him back on the air a few months later,” Carlson said in a statement Saturday. The New York Times reported Saturday that in January, O’Reilly had reached a $32 million settlement with a network analyst who had alleged sexual harassment claims against the host, which reportedly included claims of a non-consensual sexual relationship.
Two significant insights into Republicans’ evolving tax-reform plan emerged Friday. First, House Speaker Paul Ryan said that an additional top income tax bracket would be proposed to make it easier to maintain high tax rates on the very highest-income Americans. Previous versions of the Republican plan had only three tax brackets, down from the current seven, though the additional fourth bracket was mentioned as a possibility.
Myeshia Johnson, who was married to fallen Army Sgt. La David Johnson, told Good Morning America that her phone call with Trump made her “cry even more” because she said Trump apparently did not remember her husband’s name until he had military papers in front of him. “The President said that he knew what he signed up for, but it hurts anyway,” Myeshia Johnson said of La David Johnson, her high school sweetheart.
InvestorPlace contributor Vince Martin, who loves capital gains like some people love the Chicago Cubs, is not a fan of T stock. In fact, he calls it a collection of unattractive businesses with significant problems.
Under the new agreement announced in a joint statement on Monday, MHI will pursue increased efficiency in its production system and supply-chain through lean production methods, automation and other activities. MHI said last year Boeing was seeking a new round of lower prices and changes in payment terms as the U.S. manufacturer stepped up efforts to conserve cash. Delays in the 787 development and delivery, due in part to difficulties of managing a global supply chain, prompted Boeing to produce more of the upcoming 777X widebody, including the wings, at home despite MHI's attempts to keep the work in Japan.
After spending years retreating and retrenching in the wake of the financial crisis, it seems clear that Bank of America (NYSE: BAC) is changing gears. On the bank's latest earnings call, Chairman and CEO Brian Moynihan rattled off a list of things the bank is doing to go on offense. Through the first nine months of 2017, Bank of America has spent $2.25 billion in technology-related investments.
General Electric Co. (GE) shares posted a swing back into the green Friday, Oct. 20, after tumbling as much as 6% in early trading following disappointing third-quarter results. But if history is any indicator, shares could continue to decline in price under the tenure of a new CEO. Friday's report was the first under new chairman and CEO, John Flannery. He took over for Jeff Immelt, who had been head of the company since 2001. Following Immelt's first quarterly report Oct. 11, 2001, GE stock rose 2.7% on the day earnings were released, according to Bloomberg data. But after that 2.7% increase that day, GE stock tumbled as much as 45% during the next 16 months, according to the data. From his
Shawn Johnson East and her husband Andrew East announced in an emotional YouTube video posted on Saturday that Johnson East had a miscarriage just two days after the couple found out they were pregnant. “Today’s video is a little bit sensitive,” Johnson East, 25, said at the beginning of the video. The video — titled “pregnancy + heartbreak” — documented the couple’s whirlwind 48-hours pregnancy experience: from the moment when Johnson East showed herself crying joyful tears after taking two pregnancy tests which came back positive, to the moment the couple learned they had a miscarriage.