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Business News

Location American Business News for 25 December 2018
The year started with President Donald Trump promising big growth for stocks. In January, he shared excitement over a "big day" on Wall Street. By June, the president was tweeting: …
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Trump Says the Fed Is 'the Only Problem Our Economy Has'

Wall Street Journal - 25 Dec 2018 06:33
Trump Says the Fed Is 'the Only Problem Our Economy Has' President Trump criticized the Federal Reserve, calling the central bank the "only problem our economy has" and likening its policies to a golfer who can't putt.
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The corporate owner of the Wynn and Encore resorts on the Las Vegas Strip is accusing a company building a $4 billion casino across the street of copying its building …
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Ether leads rally as cryptocurrencies extend December rebound Ether, the third-largest digital currency after Bitcoin and XRP, jumped 37% to $148 in New York
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Japanese stocks plunged Tuesday and other Asian markets declined following heavy Wall Street losses triggered by President Donald Trump's attack on the U.S. central bank.
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Shutdown Continues as Trump Pushes for Border-Wall Funding

Wall Street Journal - 25 Dec 2018 05:51
Shutdown Continues as Trump Pushes for Border-Wall Funding The impasse over government spending continued, with President Trump insisting that funds for border security are wasted if a border wall isn't included in the package.
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Incompetent Federal Policies Hurt Retirees And Older Workers Mnuchin announced he spoke to the CEOs of the six largest banks and reassured us the banks had adequate liquidity. But since no one had been worrying about liquidity, markets either assumed that the Treasury had some dis...
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Nigerian Businessman Femi Otedola Sells Controlling Stake In Forte Oil Nigerian multi-millionaire businessman Femi Otedola is selling his 75% stake in oil marketing company, Forte Oil, to Prudent Energy, a local oil trading firm.
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Russian Energy Minister Alexander Novak said on Tuesday that oil prices, which fell by more than a third this quarter, would become more stable in the first half of 2019.
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Why you can stop worrying about having a perfect credit score Think you need a perfect 850 credit score? You’ve been bamboozled. Tricked. Hoodwinked. We all have.        
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Iran's president submitted next year's budget to parliament on Tuesday, the first since the United States restored sanctions that had been lifted under the nuclear deal. The $47.5 billion budget …
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Southern New Mexico's Lea County is committing almost $340,000 for public infrastructure to help the city of Hobbs as it deals with a housing shortage brought on by an oil …
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New Mexico cannabis company expands to include hemp

Miami Herald - 25 Dec 2018 07:28
A New Mexico cannabis company says it's expanding its business to include hemp. Ultra Health says in a Monday news release that it was awarded continual production licenses to grow …
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The Latest on the world's financial markets (all times local): noon Japan's main stock index has plunged following heavy Wall Street losses triggered by President Donald Trump's Christmas Eve criticism …
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Insurance sector turns focus on product structures

livemint.com - 25 Dec 2018 04:42
Insurance sector turns focus on product structures 2018 can be seen as the founding year of important reforms the insurance industry is likely to witness
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President Donald Trump blasted the Federal Reserve on Monday, describing it as the "only problem" for the U.S. economy, as top officials convened to discuss the growing rout in stock markets caused in part by the preside...
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He Ignored The Memo That Swank Briefcases Have To Cost A Fortune -- And Built A $500,000 Business Unable to find a briefcase he liked for less than $400, Daniel Scott began manufacturing his own, and using a direct-to-consumer model, offers them at about half the price at his store Daniel's.
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The 20 most popular things everyone bought this year As we head into 2019, take a look at what everyone was buying in 2018. How many of these do you own?        
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Trump and the Fed: Time to Talk Turkey

Forbes - 25 Dec 2018 23:24
It is common to speculate about Trump's links to Russian leader Vladimir Putin. More interesting right now, however, is his likeness to Turkish leader Recep Tayyip Erdogan. And exhibit A in this comparison now is his dem...
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Cows are getting a bad rap and it's time to set the record straight: Giving up meat won't save the planet Justin Sullivan/Getty Images Advocates urge the public toeat less meat to save the environment— some activists have called fortaxing meatto reduce consumption of it. This misconception comes from a UN report that claim...
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How Salvation Army's red kettles became a Christmas tradition Drew Angerer/Getty Images The Salvation Army's red kettles, staffed by people in Santa suits, are a common sight around Christmastime. William Booth, an English evangelist,founded the Salvation Armyin 1878 as a religious...
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Conway bridge to close in January

Miami Herald - 25 Dec 2018 22:38
The Highway 501 Business bridge over Conway will close next month as the South Carolina Department of Transportation looks to repair the aging structure. The Sun News reports the stretch …
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