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U.S. home sales rise for the first time in 6 months

U.S. home sales rose in October, breaking a six-month losing streak. But sales are still down from a year ago, hurt by rising interest rates. The National Association of Realtors said Wednesday that sales of existing homes climbed 1.4 percent to a seasonally adjusted annual rate of 5.22 million last… Read More

November 21, 2018

Trump drops sanction hammer on Russia, Iran

The U.S. says it has placed a network of Russian and Iranian companies on an international blacklist for shipping oil to Syria in violation of U.S. sanctions. Officials say the network helps fuel the Syrian war effort of President Bashar al-Assad while providing revenue for Iran’s Islamic Revolutionary Guard Corps… Read More

November 20, 2018

Arrest of top financial CEO stuns investors

Japanese prosecutors were considering Tuesday whether to file formal charges against Nissan Motor Co.’s chairman Carlos Ghosn amid a probe into allegations he misused company assets and under-reported millions of dollars of income. The arrest of Ghosn after a whistleblower disclosed the alleged misconduct left many investors stunned by the… Read More

November 20, 2018

Lottery jackpot winner pleads guilty to scams

A California woman who won $5.2 million in a lottery has pleaded guilty in federal court in South Dakota to scamming six people. The Rapid City Journal reports Judy Carroll, of El Cajon, California, and her husband won the California lottery in 1989. Authorities say Carroll scammed people including a… Read More

November 20, 2018

New York rap star indicted on racketeering charges

The rapper known as Tekashi 6ix9ine was in federal custody Monday awaiting a Manhattan court appearance. The Brooklyn-based rapper, whose legal name is Daniel Hernandez, was among four people arrested on racketeering and firearms charges. Sponsored: 4 drugs that cause Diabetes An attorney who has previously represented Hernandez did not… Read More

November 19, 2018

Retirees and seniors talk stock market concerns

The recent turbulence in the U.S. stock markets is spooking some older workers and retirees, a group that was hit particularly hard during the most recent financial crisis. There’s no indication, though, that the recent volatility has brought about large-scale overhauls in retirement planning. #1 Worst Cellphone For Your Eyes… Read More

November 19, 2018

MLB makes decision on commissioner, TV deals

Baseball owners have locked down their commissioner and their main broadcast partner, too. Any decisions on speeding up the game and perhaps making it more enjoyable to watch will have to wait. After wrapping up two days of meetings at a hotel next to the Atlanta Braves’ SunTrust Park, the… Read More

November 16, 2018

Rare pink diamond sold for stunning price tag on Tuesday

Christie’s sold the “Pink Legacy” diamond at auction Tuesday for more than $50 million including fees, saying it’s a new world record price per carat for a pink diamond. Christie’s said renowned jeweler Harry Winston was the buyer. The auction house had expected to fetch $30 million to $50 million… Read More

November 14, 2018

Stephen Hawking’s wheelchair auctions off for $393,000

A wheelchair used by physicist Stephen Hawking has sold at auction for almost 300,000 pounds ($393,000), while a copy of his doctoral thesis fetched almost 585,000 pounds ($767,000), auctioneer Christie’s said Thursday. The motorized chair, used by Hawking after he was paralyzed with motor neuron disease, raised 296,750 pounds in… Read More

November 9, 2018

Trump’s economy SOARS (Obama will hate this!)

U.S. employers added a stellar 250,000 jobs last month and raised average pay by the most in nearly a decade — an achievement former President Barack Obama never reached. The Labor Department’s monthly jobs report, the last major economic data before Tuesday’s congressional elections, also showed that the unemployment rate… Read More

November 2, 2018
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