Articles by admin

No Picture
Trading Ideas

With no letup in home prices, the California exodus surges

May 3, 2018 admin Comments Off on With no letup in home prices, the California exodus surges

Over a million more people moved out of California from 2006 to 2016 than moved in, according to a new report, due mainly to the high cost of housing that hits lower-income people the hardest. “A strong economy can also be dysfunctional,” noted the report, a project of Next 10 and Beacon Economics. Housing costs are much higher in California than in other states, yet wages for workers in the lower income brackets aren’t. …read more […]

No Picture
Business News

Musk’s conduct, Tesla stock slide make $700 million profit for short-sellers

May 3, 2018 admin Comments Off on Musk’s conduct, Tesla stock slide make $700 million profit for short-sellers

NEW YORK (Reuters) – Short-sellers who had targeted Tesla Inc logged a $700 million paper profit on Thursday after the stock fell nearly 9 percent a day after Chief Executive Elon Musk stunned analysts by dodging “boring” questions about the electric car maker’s financial outlook.

…read more […]

No Picture
Business News

Wall Street dips on trade woes, weak earnings

May 3, 2018 admin Comments Off on Wall Street dips on trade woes, weak earnings

(Reuters) – U.S. stock indexes were down on Thursday, but off their session lows on what some traders said was due to technical buying amid worries of the outcome of U.S.-China trade talks, rising interest rates and disappointing earnings reports.

…read more […]

No Picture
Business News

Wall Street drops on trade woes, weak earnings

May 3, 2018 admin Comments Off on Wall Street drops on trade woes, weak earnings

(Reuters) – Major U.S. indexes fell more than 1 percent in a broad slump on Thursday as investors remained wary about the outcome of U.S.-China trade talks and potential for rising interest rates, while a slew of disappointing earnings reports also weighed.

…read more […]

No Picture
Trading Ideas

As much as $600,000 in cash fell out of a truck on the highway — and police are asking people who took the money to return it or be charged with theft

May 3, 2018 admin Comments Off on As much as $600,000 in cash fell out of a truck on the highway — and police are asking people who took the money to return it or be charged with theft

Hundreds of thousands of dollars billowed out of the back of a Brinks armored truck on Interstate 70 in Indianapolis on Thursday. Drivers on Interstate 70 in Indianapolis, Indiana, were unexpectedly showered with hundreds of thousands of dollars after the back of a Brinks armored truck blew open on the interstate. “Bags of money were falling out of the back onto the interstate,” Indiana State Police Corporal Brock McCooe told Fox 8. …read more […]

No Picture
Trading Ideas

Giuliani offers new explanation of why Trump fired Comey

May 3, 2018 admin Comments Off on Giuliani offers new explanation of why Trump fired Comey

President Donald Trump’s explanation for why he fired FBI Director James Comey has shifted again. Rudy Giuliani, Trump’s new attorney, said in an interview on Fox News that Trump fired Comey last year because Comey would not state “that he wasn’t a target” of the special counsel’s Russia investigation. “He fired Comey because Comey would not, among other things, say that he wasn’t a target of the investigation,” Giuliani said. …read more […]