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Mortgage, Groupon and card debt: how the bottom half bolsters U.S. economy
Mon, 23 Jul 2018 11:26:58 -0400 - By almost every measure, the U.S. economy is booming. But a look behind the headlines of roaring job growth and consumer spending reveals how the boom continues in large part by the poorer half of Americans fleecing their savings and piling up debt.
Tesla shares drop on report that it asked suppliers for refunds
Mon, 23 Jul 2018 11:18:10 -0400 - Shares of Tesla Inc fell as much as 6.6 percent on Monday after a report that the electric car maker has turned to some suppliers for a refund of previously made payments in a bid to turn a profit.
Bond yields rise worldwide on BoJ easing talk, stocks slip
Mon, 23 Jul 2018 10:58:50 -0400 - Signs that the Bank of Japan (BoJ) might scale back support for the economy faster than expected sent tremors through debt markets on Monday, while stocks slipped as threats of further U.S. tariffs on China drained risk appetite.
Coast Guard begins to raise Missouri boat after deadly sinking
Mon, 23 Jul 2018 10:58:16 -0400 - The U.S. Coast Guard on Monday began dredging up the "duck boat" that sank beneath storm-whipped waves in a Missouri lake last week, drowning 17 people in one of the deadliest tourist accidents in the United States in years.
U.S. home sales fall as prices hit record high
Mon, 23 Jul 2018 10:47:38 -0400 - U.S. home sales unexpectedly fell in June, posting their third straight monthly decline as a persistent shortage of properties on the market drove house prices to a record high, likely sidelining some potential buyers.
Gunman kills two, injures 12 on bustling Toronto avenue, police say
Mon, 23 Jul 2018 10:44:18 -0400 - A gunman opened fire on a Toronto street filled with people in restaurants late on Sunday, killing two people and injuring 12 others, including a young girl, authorities said. The suspected shooter was later found dead.
Trump's ex-aide Manafort due in court over bid to delay trial
Mon, 23 Jul 2018 10:42:51 -0400 - A U.S. judge on Monday will weigh President Donald Trump's former campaign manager Paul Manafort's bid to delay a criminal trial scheduled to begin this week on more than two dozen financial charges, including bank and tax fraud.
Exclusive: Alleged Russian agent Butina met with U.S. Treasury, Fed officials
Mon, 23 Jul 2018 10:24:59 -0400 - (An earlier version of this article corrected the date of Simes’s trip to February 2015 instead of 2016)
Trump tells Iran 'never, ever threaten' U.S., or suffer consequences
Mon, 23 Jul 2018 10:23:32 -0400 - U.S. President Donald Trump told Iran it risked dire consequences "the like of which few throughout history have suffered before" if the Islamic Republic made more threats against the United States.
Reuters reporter says Myanmar police planted 'secret' papers
Mon, 23 Jul 2018 10:15:08 -0400 - A jailed Reuters reporter told a court in Myanmar on Monday that documents he is accused of breaking state secrets laws to obtain were planted by a police officer, who handed him papers he had not sought in order to entrap him. The officer had then lied to the court about what happened, he said.
Papa John's shares fall as board adopts 'poison pill'
Mon, 23 Jul 2018 10:03:55 -0400 - Shares of Papa John's International Inc fell 8 percent on Monday after the Pizza chain said it would implement a "poison pill" stock dilution that would act against any move by founder John Schnatter to take a bigger stake.
Philippines' Duterte to keep up 'relentless and chilling' drugs war
Mon, 23 Jul 2018 09:55:25 -0400 - Philippine President Rodrigo Duterte on Monday vowed to sustain the momentum of his bloody war on drugs, telling the nation in an annual address that the fight would be as "relentless and chilling" as during his first two years in power.
Fiat Chrysler loses another executive after Marchionne illness
Mon, 23 Jul 2018 08:56:27 -0400 - Fiat Chrysler's European boss has quit, adding to the problems facing new CEO Mike Manley who must deliver on promises to boost production of SUVs and catch up with rivals in electric cars.
Israel launches U.S.-backed missile shield on Syria frontier, Russia sends envoys
Mon, 23 Jul 2018 08:56:16 -0400 - Israel launched its newest air defense system on Monday on the Syrian frontier, where Damascus's Russian-backed forces have been routing rebels, as Moscow sent envoys for what it called "urgent" talks with Israeli Prime Minister Benjamin Netanyahu.
Fiat Chrysler's head of Europe business steps down: source
Mon, 23 Jul 2018 07:01:00 -0400 - The head of Fiat Chrysler's Europe, Middle East and Africa business Alfredo Altavilla has stepped down, a source with knowledge of the matter said on Monday.
Gunman dead after shooting 14, killing one, in Toronto: Canadian police
Mon, 23 Jul 2018 06:35:21 -0400 - Fourteen people, including a young girl, were shot near downtown Toronto, police in Canada's biggest city said on Sunday, with one person killed and the gunman also dead.
Threats of war never help, Germany says after Trump's Iran tweet
Mon, 23 Jul 2018 06:15:14 -0400 - Threats of war are "never helpful", a spokesman for the German Foreign Ministry said on Monday after U.S. President Donald Trump told Iran it risked consequences "the like of which few throughout history have suffered before" if the Islamic Republic made more threats against the United States.
Mondelez voluntarily recalls some U.S. Ritz cracker products
Mon, 23 Jul 2018 05:16:56 -0400 - Mondelez Global LLC has voluntarily begun recalling some Ritz Cracker sandwiches and Ritz Bits products over concern that they may include an ingredient tainted with Salmonella.
China says it won't devalue currency to bolster exports
Mon, 23 Jul 2018 05:12:48 -0400 - China said on Monday the value of its currency is driven by market forces and that it has no intention to devalue the yuan to help exports, after Washington said it was monitoring the currency's weakness amid the escalating bilateral trade row.
Iran will resist Trump's 'psychological warfare;: senior Guards commander to ISNA
Mon, 23 Jul 2018 05:10:47 -0400 - Overnight threats by President Donald Trump against Iran amount to "psychological warfare", and Tehran will continue to resist its enemies, a senior commander of Iran's elite Revolutionary Guards was quoted as saying on Monday.


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