How Fed hike will affect mortgages, car loans, credit cards

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How Fed hike will affect mortgages, car loans, credit cards

Washington Post
WASHINGTON – Are mortgage rates going up? How about car loans? Credit cards? How about those nearly invisible rates on bank CDs – any chance of getting a few dollars more?

Trump releases $1.1 trillion ‘hard power budget’ with cuts to State Dept, EPA

CNN
(CNN) President Donald Trump released a $1.1 trillion budget outline Thursday that proposes a $54 billion increase in defense spending corresponding cuts to non-defense spending at the State Department, the Department of Housing and Urban …

Yahoo breach spotlights links between Russian spies, hackers

Washington Post
MOSCOW – A U.S. indictment of two Russian intelligence agents and two hackers alleged to have stolen more than half a billion U.S.

Trump Rolls Back Obama-Era Fuel Economy Standards

NBCNews.com
Declaring his goal of making Detroit “the car capital of the world again,” President Donald Trump visited the Motor City on Wednesday bearing what could be a major gift for the domestic carmakers – but one that quickly raised concerns among …

The ruling in this Maine labor dispute hinged on the omission of an Oxford comma

Washington Post
“For want of a comma, we have this case.” Those words open Maine Circuit Judge David Barron’s opinion on a labor dispute between a dairy company and its delivery drivers.

China consumer day show skewers Nike shoes, Muji foods

Reuters
SHANGHAI China’s annual consumer rights day television show turned its spotlight on U.S. sports brand Nike Inc (NKE.N) for misleading advertising and Japanese brand Muji for selling food products allegedly sourced from part of Japan affected by radiation.

Canada Goose Raises C$340 Million in Dual-Listing IPO

Bloomberg
Canada Goose Holdings Inc., the maker of $900 parkas worn by celebrities from Toronto rapper Drake to Blue Jays slugger Jose Bautista, raised C$340 million ($256 million) in its initial public offering, pricing the shares above the marketed range.

Trump to Propose Spinning Off US Air-Traffic Control From FAA

Bloomberg
President Donald Trump is backing a controversial effort to place the U.S. air-traffic system under control of a nonprofit corporation as part of his budget plan.

Fed-PBOC Moves Hint at Calibration Mooted a Year Ago at G-20

Bloomberg
In the space of 10 hours spanning various time zones, the U.S. Federal Reserve lifted interest rates and reassured markets it doesn’t have an itchy trigger finger on Wednesday.

Monsanto Weed Killer Roundup Faces New Doubts on Safety in Unsealed Documents

New York Times
A scanning machine illuminating a bottle of Roundup, a weed killer, as it moved along a production line at a facility in Antwerp, Belgium, owned by Monsanto.

Lawsuit: Malfunctioning robot killed Michigan woman at work

Fox News
A malfunctioning robot fatally crushed a woman’s head as she adjusted machinery at her job, according to a wrongful death lawsuit filed in federal court by her husband.

Bank of Japan on Hold Falls Further Behind Its Global Peers

Bloomberg
In the space of a day the Federal Reserve and China’s central bank raised borrowing costs, while the BOJ stood pat. With its core inflation target just a distant goal, the Bank of Japan still has a long haul ahead despite four years of the world’s most

Oracle’s Cloud Business Shows Momentum as Sales, Profit Beat

Bloomberg
Oracle Corp. posted third-quarter revenue and profit that topped analysts’ estimates, signaling growing demand for the software maker’s cloud-based services that compete with Amazon.

Group of 17 Republicans sign US House resolution to fight climate change

CNBC
Rep. Elise Stefanik, R-N.Y., walks down the House steps following a vote in the Capitol. A group of 17 Republican members of Congress signed a resolution on Wednesday vowing to seek “economically viable” ways to combat global warming, a move that …

The ‘Very Strange’ Item on Trump’s 1040: Alternative Minimum Tax

Bloomberg
Leaked pages of President Donald Trump’s 2005 tax return offer no new details about his foreign income and business dealings but highlight a tax he’s vowed to abolish.

India’s Agarwal takes 12% stake in Anglo American

MarketWatch
LONDON — The family trust of the founder of India’s largest mining company is investing $2.44 billion in Anglo American PLC, a huge outlay on the British mining company that a year ago was locked in a desperate struggle to right itself from a sharp

Soda spill prompts emergency landing in Jacksonville

Orlando Sentinel
Flights out of Orlando International Airport have been grounded by harsh winter weather up north. Florida Times-Union. Privacy Policy.

GoPro: Bottoming Signs

Seeking Alpha
The company still has a lot to prove to the market in order to justify an investment. After the close, GoPro (NASDAQ:GPRO) surprised the market on multiple fronts.

American Airlines CEO admits crew uniform debacle is a ‘huge problem’

Fox News
American Airlines CEO Doug Parker admitted last week that the airline’s ongoing crew uniform crisis is “as difficult an issue as we’ve ever had to deal with,” according to the Chicago Business Journal.

Nvidia And Bosch Teaming Up To Make Computer Brains For Automated Cars

Forbes
On the heels of Intel’s $15.3 billion plan to buy computer vision powerhouse Mobileye to lock in a big piece of the automated car tech market, Nvidia and Bosch are teaming up to make an AI-enabled computer that can be mass-produced to serve as the

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