U.S. stocks are making their biggest gain in a month Tuesday after the Chinese government moved to stimulate its economy. Companies that make chemicals and machinery climbed as investors hoped demand for their products will rise. The price of oil also jumped, which sent energy companies higher. KEEPING SCORE: The… Read More
Sanders’ tax plan disaster — $23 trillion in debt
Sen. Bernie Sanders’ tax and spending proposals would provide new levels of health and education benefits for American families, but they’d also blow an $18-trillion hole in federal deficits, piling on so much debt they would damage the economy. That sobering assessment comes from a joint analysis released Monday by… Read More
Bank robber caught by dropped money trail
A bank robber who left a trail of cash as he ran from the scene of the crime has been sentenced to 15 years in prison. The St. Louis Post-Dispatch reports that 41-year-old Cameron Boddie of Dellwood pleaded guilty and was sentenced Wednesday. Authorities say Boddie dropped thousands of dollars in… Read More
Trump’s campaign shifts focus to fundraising
Donald Trump is taking his first steps toward raising the massive amounts of money needed for a national presidential race, aiming to broaden his primary insurgency into a full-fledged general election campaign and unite the fractured Republican Party behind him. Trump is reaching out to party heavyweights, hoping to repair… Read More
Welcome! Wal-Mart door greeters returning
Those smiley door greeters are back at Wal-Mart. The nation’s largest retailer says in a blog post this week that it’s bringing back door greeters to a majority of its more than 5,000 stores by mid-summer to improve customer service. For the remainder of the stores, which have had problems… Read More
Obama’s economy: Poor job growth reported in April
U.S. employers pulled back on hiring in April after a streak of solid monthly gains, adding 160,000 jobs, the fewest in seven months. The unemployment rate remained at a low of 5 percent, roughly the same level it has been since the fall. The job gain was down from the… Read More
Bitcoin’s self-proclaimed founder says he’s scared
The man who claimed to be the mysterious founder of bitcoin appears to be stepping back into the shadows, leaving numerous questions in his wake. Three days after Australian entrepreneur Craig Wright came forward as “Satoshi Nakamoto,” the unknown creator of the digital currency bitcoin, he has backtracked in a… Read More
Whoa! Is this the new world record diamond?
It’s a rock for the ages. A 3-billion-year-old diamond the size of a tennis ball — the largest discovered in over a century — could sell for more than $70 million, auctioneer Sotheby’s said Wednesday. The auction house plans to offer the Lesedi la Rona diamond in London on June… Read More
Obama handing out $18,000 to illegals
For nearly eight years, President Barack Obama’s administration has been besieged with criticism of wasteful government spending by opponents. Now in his lame duck term, a new analysis of his final federal budget proposal may have found the most outrageous example of waste yet. The Obama administration’s budget has asked… Read More
Fiat Chrysler chief becomes Ferrari CEO
Sergio Marchionne took full control of super sports carmaker Ferrari NV, adding the CEO title on Monday to that of chairman as he positions the carmaker in the luxury goods space and seeks to regain Formula 1 glory. Marchionne’s replacement of CEO Amedeo Felisa came as Ferrari posted its best… Read More
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