Archive | Economic News

headlines

Wilbur Ross: NAFTA Negotiations Face Timing Pressure in 2018

U.S. Commerce Secretary Wilbur Ross on Friday said talks to update the NAFTA trade pact with Mexico and Canada are facing timing pressure in 2018 when various regional elections and other trade issues could overshadow negotiations. “If you get much into 2018, the political calendar will overwhelm the trade calendar,” Ross told CNBC in an […]

Continue Reading
cash-(1).jpg.aspx-73488e475db200f0f1f82231f0b0c1597ef3ec3f

Corporate America Has Amassed a Record Amount of Cash

Corporate America has never been in better shape to put its cash hoard to use on everything from investment to acquisitions, share buybacks and dividends. Or just hold on to it. Non-financial companies’ liquid assets, which include foreign deposits, currency as well as money-market and mutual fund shares, reached a record of almost $2.3 trillion […]

Continue Reading
headlines

Gas-station clerk suspended after shooting robber

(KOAT) The Circle K clerk who shot an accused armed robber, says she was suspended for two weeks. The shooting happened Monday inside the store on Eubank and Candelaria. Target 7 reporter Megan Cruz spoke with the clerk Tuesday afternoon. Jennifer Wertz said she’s upset. She claims robberies happen all the time and yet workers […]

Continue Reading
headlines

Woman in Hobby Lobby cotton flap claims death threats

(KCEN-TV) Killeen resident Daniell Rider responded Wednesday to backlash she has received after posting to Facebook a photo of a faux raw cotton decorative plant sold at craft giant Hobby Lobby — a company she urged to remove the decor by arguing the decoration was insensitive. “This decor is WRONG on SO many levels. There […]

Continue Reading
headlines

North Korea owes NYC $156K in unpaid parking tickets

(WNBC) While North Korea’s rogue leader, Kim Jong-un, spends untold resources on his nuclear program, there is one thing he is not paying for: His country’s parking tickets. An I-Team investigation found North Korea’s diplomatic mission to the United Nations has racked up more than 1,300 unpaid New York City parking tickets going back to […]

Continue Reading
headlines

SEC: Hackers may have traded using stolen insider info

(Reuters) The top U.S. markets regulator said on Wednesday that hackers accessed its corporate disclosure database and may have illegally profited by trading on the insider information stolen. The Securities and Exchange Commission (SEC) said the hack occurred in 2016 but that it had only discovered last month that the cyber criminals may have used […]

Continue Reading
headlines

Help parents, or pay off loans?

Dear Dave, I graduated from college two years ago, and I have a good job making $60,000. I have about $10,000 in student loan debt, but my mom and dad have a real issue with their roof. It’s leaking in places to the point they have to set buckets around to catch the water, and […]

Continue Reading