On Saturday, San Antonio Spurs head coach Gregg Popovich once again sounded off on President Donald Trump, saying “you really can’t believe anything that comes out of his mouth.” This is not the first time that the five-time NBA champion has sounded off on the president.
Day: January 21, 2017
Analysis: Trump promises big change, picks small fights
President Donald Trump points to a member of the audience after speaking at the Central Intelligence Agency in Langley, Va., Saturday, Jan. 21, 2017. President Donald Trump points to a member of the audience after speaking at the Central Intelligence Agency in Langley, Va., Saturday, Jan. 21, 2017.
Chief of Taiwan’s Foxconn says rise of protectionism unavoidable
The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company’s headquarters in New Taipei City, Taiwan March 29, 2016. The head of Foxconn, the world’s largest contract manufacturer of electronic goods and a major Apple Inc supplier, said on Sunday that the rise of protectionism is unavoidable.
Comcast Might Be the Key to Netflix’s Continued Subscriber Growth
Netflix, specifically, saw its penetration remain stagnant at 42%, while Amazon Prime Video saw the largest improvement, increasing penetration 4 percentage points from 23% to 27%. Overall, streaming services are in 51% of U.S. broadband households, according to the survey.
‘Pathetic. Embarrassing’: Morning Joe host dubs Trump press…
“Morning Joe” co-host Mika Brzezinski admonished President Donald Trump’s press secretary over his conduct during his first official press conference on Saturday. In several tweets posted on Saturday, Brzezinski asked if Sean Spicer was “kidding” over his criticism of the media for some outlets’ coverage of the crowd size at Trump’s inauguration and former President Barack Obama’s inaugurations in 2009 and 2013.
White House Accuses Media of Playing Down Inauguration Crowds
Press Secretary Sean Spicer deliver an statement at the press briefing room at the White House in Washington U.S., January 21, 2017. REUTERS/Carlos Barria The White House on Saturday accused the media of framing photographs to understate the crowd that attended Donald Trump’s inauguration, a new jab in a long-running fight between the new president and the news organizations who cover him.] In an unusual and fiery statement on Saturday night, White House spokesman Sean Spicer lashed out about tweeted photographs that showed large, empty spaces on the National Mall during the ceremony on Friday.
Americans’ Average Social Security Benefit at Age 62
Millions of baby boomers are signing up for Social Security, and on average, retired workers were awarded $1,406.58 per month in benefits in December 2016. The amount received in Social Security income, however, varies significantly depending on your work history and the age at which you enroll.
Trump’s Inaugural TV Ratings Fall Short of Obama’s in 2009
Nearly 31 million people watched President Donald Trump’s inauguration, falling short of the audience that tuned in for Barack Obama eight years ago, according to Nielsen. Fox News topped all broadcast and cable networks with 8.4 million viewers for its coverage from 10 a.m. to 6 p.m. It’s a sign that a Trump presidency may bode well for the channel, which is owned by Rupert Murdoch’s 21st Century Fox Inc. CNN averaged 2.5 million viewers, and MSNBC had 1.35 million viewers during the same eight-hour period.
As nuclear loss grows, Toshiba needs chip investors, soon
Workers prepare the new year’s eve numerals above a Toshiba sign in Times Square in Manhattan, New York City, U.S., December 26, 2016. With mounting writedowns from its nuclear business, Japan’s Toshiba Corp is looking to sell part of its core semiconductors business, a world No.2 in the flash memory chips used in smartphones.
Trump’s supporters looking forward to what’s next as their…
John Fiore booked a last-minute flight at three-times the standard rate so he could see Donald Trump, the first president he voted for who actually won the election since Ronald Reagan, sworn in as the 45th president of the United States Friday. Fiore, a Boston native, summed up his feelings about the now-present Trump presidency following his inaugural address in two words: “I’m psyched.”
Stunning photos from inside the Women’s March, which saw…
An estimated half a million people joined the Women’s March on Washington on a crisp Saturday the day after Donald Trump was sworn in as the 45th President of the US. The march aims to bring together women across diverse backgrounds and send a bold message to the new administration that they will not be ignored or have their rights stomped on.
Here is what Tom Brady eats to stay in peak condition at an…
If you’ve ever wondered – from the couch, horizontally, picking at buffalo dip on a Sunday afternoon – what Tom Brady eats to stay in peak football shape at 39, now you can learn all about Brady’s diet from his personal chef. Boston.com ran an all-access interview with Allen Campbell, the chef employed by Brady and Giselle Bundchen to cook all their meals – and all their kids’ meals.
Hedge funds are making ‘extreme’ bets on the impact of Trump
There are “extreme market positions in all asset classes,” according to Societe Generale. It said the “extreme positioning inevitably raises the question of whether investors have run ahead of themselves.”
Anti-abortion crowd takes to S.F. streets for annual march
Thousands of pro-life demonstrators march from city hall during the start of the 13th annual Walk for Life West Coast on Saturday, Jan. 21, 2017, in San Francisco Thousands of pro-life demonstrators march from city hall during the start of the 13th annual Walk for Life West Coast on Saturday, Jan. 21, 2017, in San Francisco Konrad Szymanski of Sacramento rallies with thousands of pro-life demonstrators at the 13th annual Walk for Life West Coast on Saturday, Jan. 21, 2017, in San Francisco Konrad Szymanski of Sacramento rallies with thousands of pro-life demonstrators at the 13th annual Walk for Life West Coast on Saturday, Jan. 21, 2017, in San Francisco Monica McHardy kisses daughter Pernell Shaw, 8 months, while marching in the 13th annual Walk for Life West Coast on Saturday, Jan. 21, 2017, in San Francisco Monica McHardy kisses daughter Pernell Shaw, 8 months, while marching in the … (more)
OPEC, Russia Say Oil Cuts Are Deeper and Faster Than Expected
OPEC and Russia said they are ahead of schedule implementing their historic agreement to curb oil output and boost prices. Saudi Arabia, Algeria and Kuwait have already made deeper cuts than required, while Russia has been able to reduce supply faster than expected, ministers from the countries said as they arrived in Vienna on Saturday.
EU Populists See Trump Victory as Beginning of End for Old Order
Europe’s populist right predicted Donald Trump’s entry into the White House will herald the end of the old way of doing business in the west, as the continent’s leaders wrestled with how to deal with the new president. Anti-establishment politicians including Marine Le Pen, head of the National Front in France, and Geert Wilders of the Dutch Freedom Party echoed the combative language of the new U.S. president’s inaugural address at a celebratory rally in Koblenz, western Germany, on Saturday while Chancellor Angela Merkel was trying to reassure her supporters at a meeting in the country’s industrial heartland.
Why Did Restaurant Brands International Inc. Shares Gain 30% in 2016?
Burger King took back some of its mojo in 2016 with a steady stream of well-structured deals and an array of can’t-look-away new food items. That led the chain to positive sales growth while its sister brand, Tim Hortons, matched or beat its success throughout the year.
What to Watch When PayPal Reports Earnings
PayPal has been a very consistent, growing its business for a long time, and its strong momentum should have continued through the holiday season. As I wrote about in a previous article , the most important numbers to watch are active customer accounts and transactions per active customer account.
What You Don’t Know About Social Security Could Cost You
Social Security is America’s most popular “retirement plan” by far, but it’s poorly understood by millions of Americans — especially those who are yet to claim their benefit. To help you make smart Social Security decisions for you and your family, here’s a quick guide to how your Social Security retirement benefit will be calculated, how your retirement age affects your benefit, and whether or not your spouse may be entitled to a higher benefit than they think.
Cuomo Says Insurers to Cover Birth Control Despite Trump
New York state ordered health insurers to cover birth control and abortions even if President Donald Trump signs a repeal of Obamacare that would lift federal mandates on the industry. The state will require commercial insurers to provide broad coverage of contraceptive drugs and devices, and cover medically necessary abortions at no cost to the patient, according to a The order to cover birth control largely matches requirements imposed on insurers by the Affordable Care Act.
Women’s March: Overseas Demonstrations Occur In Conjunction With D.C., Sundance Protests
Sister marches in Toronto, Prague and Mexico City declared defiance to Donald Trump’s presidency and support for women’s rights. As around 500,000 people , many wearing knitted pink hats, marched in Washington D.C. to demonstrate their support for women’s rights, around 500 “sister marches” unfolded in cities worldwide to show solidarity.
How Facebook Leverages Artificial Intelligence
That small interaction provides a glimpse into the world of an emerging and powerful aspect of artificial intelligence in action — image recognition. With its treasure trove of words and pictures from 1.79 billion monthly active users,it is using that data, combined with recent advancements in AI, to propel this and other technological advances.
Why Macy’s Is Closing Even Profitable Stores
It’s no secret that department stores are having a rough time these days. Comparable sales over the holiday season fell at nearly every major chain, and total sales at department stores dropped 5.6% last year, according to the Census Bureau.
Why I’m Tracking Every Single Purchase I Make in 2017
I’m going to write about the “B” word today. No, not that “B” word — I’m talking about budgeting.
What “Good Omens” Can Teach Investors About the Content-Buying Tactics of Netflix and Amazon
The latest addition to Amazon Prime’s content quiver is going to provide brand new detail on what the two services have in common — and on their fundamental differences. Amazon’s latest Prime Video show comes from Britain, where the company is partnering with BBC Studios to produce a six-episode miniseries based on Neil Gaiman and Terry Pratchett’s classic book about Armageddon, Good Omens .Raising the curtain in 2018, Amazon holds the global subscription video-on-demand, or SVOD, rights.
How Investors Can Get In On an Oil Production Resurgence
Reports suggest that 2017 marks the end of the U.S. oil industry’s trend of declining production. In this clip from Industry Focus: Energy , Motley Fool analysts Sean O’Reilly and Taylor Muckerman talk about a few of the best oil and gas companies for long-term investors and a long list of companies that investors will want to look into.
5 Drugs That Are Way Cheaper in Canada
A lot of the discussion related to curbing runaway drug prices in the United States has focused on the importation of drugs from neighboring Canada. But are drugs really less expensive there? Often, the answer is yes.
4 Tax Mistakes That Could Lead to an Audit
If there’s one thing tax filers fear more than owing money to the IRS, it’s getting audited by the IRS. Though your chances of getting audited are statistically pretty slim from the start, you can lower your odds even further by avoiding these major mistakes.
Cuomo Says Insurers to Cover Birth Control Despite Trump
New York state ordered health insurers to cover birth control and abortions even if President Donald Trump signs a repeal of Obamacare that would lift federal mandates on the industry. The state will require commercial insurers to provide broad coverage of contraceptive drugs and devices, and cover medically necessary abortions at no cost to the patient, according to a statement on Saturday from the New York Department of Financial Services.
Apple’s $1 Billion Lawsuit Against Qualcomm Has to Be Music to Intel’s Ears
Like Qualcomm’s disputes with regulators, the company’s legal battle with Apple is complex and could take time to unfold. That could pave the way for a stronger Apple-Intel partnership.
We’ve Changed Our Minds on Sanchez Energy
There’s been a lot of excitement regarding the recent OPEC agreement regarding the production of crude oil, in hopes of getting prices to stabilize and rise to higher levels. However, there is a lot of money to be made, and lost if not careful, in the energy sector that is largely unrelated to the now-impotent oil cartel.
Feds Arrest AFTRA Retirement Fund Exec in Alleged $3.4M Fraud
“Mexicans need burritos,” a co-conspirator allegedly texted a witness, purportedly meaning that “Papi” – allegedly executive Rick Rubano, whose attorney says he’s innocent – wanted a kickback deposited that morning. Federal agents arrested on Friday the former co-head of information technology at the AFTRA Retirement Fund, Enrico “Rick” Rubano, and an alleged co-conspirator and charged them with two counts of conspiracy to commit wire fraud in connection with an alleged bogus invoicing and kickback scheme that a Postal Inspector says netted at least $3.4 million from 2009-2015.
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The anchoring bias is a pretty cruel mechanism. In investing, this happens when we “anchor” to the price of a stock at a given time — and use that as a reference point out into the future.
The Global Solar Boom: How Solar Is Finally Moving Beyond Boom and Bust
The past decade of solar energy has been all about a series of boom and bust cycles. Germany’s generous solar tariffs drove the industry for most of the 2000s before the country cut subsidies to the bone.
3 Top Driverless Car Stocks to Buy Now
I bought a new-to-me car recently, and I realized that by the time I’m in the market for another one, we’ll likely be knee-deep into the driverless car transformation . That’s because IHS estimates that there will be 76 million partially to fully autonomous vehicles on the road worldwide by 2035.
3 Stocks Hit Hard By Downgrades This Week
After President Donald Trump’s inaugural speech, the markets managed a small rally Friday with the Dow Jones Industrial Average and S&P 500 clinging to narrow weekly gains of 0.48% and 0.34%, respectively. While much of the speech was rhetoric that we’ve already heard, it was made fairly clear that, by Monday, we’ll see actions in terms of executive orders that will set the tone for the administration.
Trump’s pick for labor secretary may have saved a fast-food…
“I gave more than 20 years of my life to CKE, and Mr. Puzder took a company that I loved and turned it into a business that makes money by stealing from its workers,” Laura McDonald, a former Carl’s Jr. general manager, said in a recent forum hosted by Senate Democrats. In June 2000, Andy Puzder was named president and CEO of CKE Restaurants, running Hardee’s and Carl’s Jr. restaurant chains.
Ajit Pai To Be FCC Chairman; Net Neutrality Threatened
The Federal Communications Commission is one of the regulators that went completely insane under Barack Obama. Disregarding the law, tradition, and even the courts, they did what they want, when they wanted under Obama chairmen Julius Genachowski and Tom Wheeler.
Worrying About Retirement and Social Security? You’re Not Alone
According to a recent survey by Transamerica, most workers think that the financial challenges they’ll face in retirement will be harder to overcome than the challenges that prior generations faced. Do you agree?Read on to find out workers’ top concerns about retirement and Social Security, and why they’re so concerned.
Why 2017 Is the Year to Invest in Gas Stocks
Natural gas prices were red-hot last year, jumping 63%. That said, despite the recovery, gas prices were still at their lowest level in nearly two decades, averaging just $2.49 per million Btu for the year, though they did end 2016 more than a dollar higher.