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As Markets Wobble, Cash is King

As Markets Wobble, Cash is King

U.S. cash and cash equivalents are on track to be some of the best-performing assets in 2018, enticing money managers amid a rare synchronized downturn in stocks, commodities and bond markets.

Published 5 days ago

Mike Flynn Report Expected to Shed Light on Mueller Probe

Mike Flynn Report Expected to Shed Light on Mueller Probe

A new filing Tuesday is expected to detail how former Trump adviser Mike Flynn has been helping federal investigators, potentially providing a window into the special counsel probe into Russia and any links to the president’s 2016 campaign.

Published 5 days ago

Trading on Uncertainty About Tariffs

Trading on Uncertainty About Tariffs

Investors supposedly hate uncertainty, but the uncertainty of a 90-day delay to extra tariffs on China turned out to be better than the certainty of extra tariffs. Yet, the ambiguity is likely to keep hurting the world economy.

Published 5 days ago

Big Fracking Profits at $50 a Barrel? Don’t Bet on It

Big Fracking Profits at $50 a Barrel? Don’t Bet on It

The rapid decline of U.S. oil prices will test the claim of fracking companies that they can prosper at $50 a barrel or less, a price level they have found challenging in the past.

Published 5 days ago

Fleeing Poverty and Violence, Central American Women Explain Why They Join Caravans

Fleeing Poverty and Violence, Central American Women Explain Why They Join Caravans

Central America is one of the most deadly regions in the world for women. Many of them have opted to flee and join migrant caravans, because it is cheaper and safer for the women to travel in large groups.

Published 5 days ago

U.K. Can Revoke Brexit Unilaterally, Court Advises

U.K. Can Revoke Brexit Unilaterally, Court Advises

The U.K. government can unilaterally reverse its decision to leave the European Union without consent of other members of the bloc, the European Court of Justice said in an opinion that if confirmed would add another twist into an already complex path toward Brexit.

Published 5 days ago

Solemn Ceremony Marks Arrival of Bush’s Casket at U.S. Capitol

Solemn Ceremony Marks Arrival of Bush’s Casket at U.S. Capitol

Republicans grieved alongside Democrats, and Washington dignitaries past and present reflected on the teachings of previous generations as the 41st president lay in state.

Published 6 days ago

CIA Director Gina Haspel to Brief Senators Tuesday on Saudi Journalist’s Death

CIA Director Gina Haspel to Brief Senators Tuesday on Saudi Journalist’s Death

CIA Director Gina Haspel will brief Senate leaders Tuesday on Jamal Khashoggi’s death at the hands of Saudi operatives. Several senators criticized the Trump administration after she was absent from an earlier briefing.

Published 6 days ago

Harvard Faces Lawsuits Over Sanctions on Single-Sex Clubs

Harvard Faces Lawsuits Over Sanctions on Single-Sex Clubs

A pair of lawsuits filed by several fraternities and sororities challenge sanctions Harvard University imposed on unofficial clubs that have played a longstanding role in the campus’s social scene.

Published 6 days ago

Yuan Wins Temporary Reprieve on Tariff Time-Out

Yuan Wins Temporary Reprieve on Tariff Time-Out

The Chinese yuan has strengthened about 1.3% against the dollar in the past two days, bolstered by an unexpectedly constructive trade dialogue between China and the U.S.

Published 6 days ago

U.K. Can Revoke Brexit, EU Court Advises

U.K. Can Revoke Brexit, EU Court Advises

The U.K. government can unilaterally reverse its decision to leave the European Union without consent of other members of the bloc, the European Court of Justice said in an opinion that if confirmed would add another twist into an already complex path toward Brexit.

Published 5 days ago

Federal Judge Voices Concerns About Justice Dept. Approval of CVS-Aetna Deal

Federal Judge Voices Concerns About Justice Dept. Approval of CVS-Aetna Deal

A federal judge has voiced concerns about the Justice Department’s approval of the CVS-Aetna deal, saying he is considering ordering that the merged assets be held separately for now.

Published 6 days ago

CIA Director Gina Haspel to Brief Senators Tuesday on Saudi Journalist’s Death

CIA Director Gina Haspel to Brief Senators Tuesday on Saudi Journalist’s Death

CIA Director Gina Haspel will brief Senate leaders Tuesday on Jamal Khashoggi’s death at the hands of Saudi operatives. Several senators criticized the Trump administration after she was absent from an earlier briefing.

Published 6 days ago

Harvard Faces Lawsuits Over Sanctions on Single-Sex Clubs

Harvard Faces Lawsuits Over Sanctions on Single-Sex Clubs

A pair of lawsuits filed by several fraternities and sororities challenge sanctions Harvard University imposed on unofficial clubs that have played a longstanding role in the campus’s social scene.

Published 6 days ago

Agent Orange’s Other Legacy—a $12 Billion Cleanup and a Fight Over Who Pays

Agent Orange’s Other Legacy—a $12 Billion Cleanup and a Fight Over Who Pays

The corporate owner of a New Jersey manufacturing site is using the U.S. bankruptcy process, creditors allege, in a bid to escape liability. How a court answers could determine whether other companies with billions of dollars in environmental liabilities can use Chapter 11 to avoid them.

Published 6 days ago