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North Korea reports on South's presidential election

Moon will send a delegation headed by Park Byeong-seug, a veteran member of parliament and a senior official of Moon's liberal Democratic Party, Yoon said. Regional experts have believed for months that North Korea was preparing for its sixth nuclear test and was working to develop a nuclear-tipped missile capable of reaching the United States, presenting US President Donald Trump with perhaps his most pressing security issue. Read More »

North Korea test-fires ballistic missile

North Korea is 12.5 hours ahead of Eastern Daylight Time. South Korean President Moon Jae-in has strongly condemned rival North Korea's missile test-launch as a "clear" violation of U.N. While Pyongyang regularly tests shorter-range missiles, it is also working to master the technology needed to field nuclear-tipped missiles that can reach the USA mainland. Read More »

Trump Tax Plan is a Sweet Deal for Corporations and the Rich

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Based on overall profits, roughly 85 percent of the net income reported by the group was taxed at less than the 35 percent rate. At first blush, it appears to be smaller than President Ronald Reagan's 1981 tax cut, the biggest ever. Funding tax cuts of this size would require the US economy to grow about 4.5% a year over the next decade. There were some tax cuts earlier than 1986, though. Read More »

Slum pope/billionaire: Francis to meet with President Trump

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Trump will meet both Israeli Prime Minister Benjamin Netanyahu and Palestinian President Mahmoud Abbas during his stop there. On Tuesday, Vice President Mike Pence told celebrators at a commemoration for Israeli Independence Day at the White House that " as we speak ", Trump " is giving serious consideration to moving the American embassy in Tel Aviv to Jerusalem ". Read More »

G7 clueless on cyber attack culprits but pledges work on security

Mnuchin said "this is a big priority for the president". Still, some officials are hoping the less-trade-focused tax plan is a sign the administration won't move forward with its most-aggressive trade-policy threats. Italian Finance Minister Pier Carlo Padoan said that Saturday's morning session on cybercrime was "unfortunately very timely", an apparent reference to the wave of ransomware attacks reported Friday in dozens of countries in which files were locked and money demanded to unlock ... Read More »

USA signs Arctic Council accord

Tillerson made the remarks on Thursday while speaking at a meeting of Arctic nations in Fairbanks, Alaska, where the top U.S. diplomat signed an agreement recognizing the landmark 2015 Paris Agreement, but said Trump would decide whether to leave or weaken the pact. Read More »

US consumer prices rebound on rising gasoline, rental costs

Energy prices rose 1.1% after tumbling 3.2% the previous month. Gas prices, which drove down the energy category last month, rose 1.2% after declining 6.2% in March and 3% in February. In April, rental costs increased 0.3 percent after a similar gain in March. S&P 500 futures were down 0.16%, Dow Jones Industrial Average futures fell 0.11%, and Nasdaq futures slid 0.1%. Read More »

National Weather Service issues flood watch for Jefferson, Oswego counties

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The deployments by county are as follows: 60,000 for Niagara County, 30,000 for Orleans County, 115,000 for Wayne County, 50,000 for Jefferson County, 30,000 for Oswego County and 80,000 to Monroe County. Helming wants the governor to issue a state of emergency in flooded areas so towns and villages can obtain federal aid. "The International Joint Commission could order a dam release at St. Read More »

Should Hanford Incident Cause Concerns of Idaho National Labratory?

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Inslee said that federal, state and local officials are working together on this incident and that his office is in close communication with the Department of Energy's headquarters in Washington, D.C. The former nuclear weapons production site employs more than 9,000 people, majority involved in cleaning up the nation's largest collection of nuclear waste. Read More »

Steven Mnuchin at G7: 'We don't want to be protectionist'

A senior Treasury official said Mnuchin's finance counterparts haven't been "shy about asking direct questions" about Trump's plans to reform the USA tax code. An Italian G7 official said on Friday the clause on trade used by the G7 would repeat the language of the G20 at Baden Baden, which merely said the group was "working to strengthen the contribution of trade to our economies". Read More »

Oil sinks to its lowest level since November

However, an unrelenting ramp up by USA shale-oil producers is being widely credited with the recent downturn in price action for oil, which peaked in late February. This substantially increases the chances of one or more participants cheating, betraying the goal of the extension, and that's in case everyone even agrees to the extension, which is by no means certain when it comes to non-OPEC producers. Read More »

US Crude Oil Stockpiles Post Big Drawdown

OPEC and other top producers will meet in Vienna on May 25 to discuss the possibility of cuts. Prices surged immediately after the agreement, but have come under sustained pressure in recent weeks as US production has ramped up and pushed back the expected timing for when the oil market will come into balance. Read More »

Interest rates may need to rise before late 2019

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Economic growth slowed to just 0.3 percent in the first quarter, less than half its rate at the end of 2016. Simon Kirby, head of macroeconomic modeling and forecasting at NIESR, told Bloomberg : "We assume that interest rates remain unchanged until we exit the European Union". Read More »

EIA increases Kazakhstan's oil output forecast

As a result, global benchmark Brent crude was up $1.24, or 2.5% at $49.97 US a barrel mid-morning Wednesday. Brent oil prices are expected to average 53 per barrel in 2017 and 57 per barrel in 2018, the US Energy Information Administration (EIA) said in its May Short-Term Energy Outlook. Read More »

Bank of England accused of over optimism about Brexit

Economists expect the BoE will trim its growth forecast for this year to account for the weak first quarter, but otherwise its economy and inflation projections will look similar to those from three months ago. The pound also fell 0.7 percent to 84.87 pence per euro after the single currency saw broad buying following some weak US data. The grim outlook for Britain's economy comes four weeks before a general election that will decide Brexit's framework as put forth by Prime Minister Theresa ... Read More »

Watch out! Melissa McCarthy as Sean Spicer drives her podium through NYC

According to CNN , Deputy White House press secretary Sarah Huckabee Sanders was filling in for Spicer on Wednesday and Thursday while he was doing previously scheduled Navy Reserve duties. She also reprised Spicer in the Jimmy Fallon episode on April 15, giving a special "Easter message". After weeks of reruns, Saturday Night Live finally returned with fresh offerings last weekend with a little help from Wonder Woman star Chris Pine and special musical guest James Murphy. Read More »

Pyongyang accuses Central Intelligence Agency of biochemical plot to kill Kim Jong Un

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State media reports quoted the country's security ministry as saying it would "ferret out and mercilessly destroy" the agents in the USA and South Korean spy agencies it accuses of plotting the attack. North Korea denied involvement. "There is a chance that we could end up having a major, major conflict with North Korea". With North Korea refusing to stand down on its nuclear and missile programs and threats, it is becoming increasingly hard to avoid some form of conflict in the near ... Read More »

NRG Yield, Inc. Class C (NYLD) Rating Reiterated by Barclays PLC

Avondale downgraded NRG Yield, Inc. The latest reports which are outstanding on Friday 12th of May state 4 analysts have a rating of "strong buy", 4 analysts "buy", 6 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell". That value represents a market adjusting for revenues that have been falling by -14.56 % on a quarterly year/year basis as of the company's last quarterly report. Read More »

Is North Korea targeting a Pyongyang university for elites?

The university said in a statement that Kim was carrying out agricultural development work with the school's agricultural farm. Last month, North Korean officials detained Pyongyang University accounting professor Kim Sang Dok. Choe Il, who took over the role in late 2016, warned that the USA will not be able to attack North Korea first, because all American strategic assets will be turned to ashes at the first sign of movement towards an attack. Read More »

Trump meets Turnbull, declares 'love' for Australia

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President Donald Trump was simply saying nice things to an ally when he called Australia's universal healthcare system better than the US system, and he does not think his country should adopt a similar approach, the White House said on Friday. Read More »

Philly judge orders prosecutors to charge engineer in fatal Amtrak derailment

Municipal Court Judge Marsha Neifield on Thursday ordered the arrest of engineer Brandon Bostian on charges of involuntary manslaughter and reckless endangerment. That judgment call prompted civil lawyers representing the family of a technology executive killed to seek a private citizen's complaint. Neifield's order followed a request to the District Attorney's Office from lawyers for victims of the derailment of that criminal charges be filed against Bostian. Read More »

The new version of the GOP healthcare bill is incredibly unpopular

He pointed to the fact that one-third of US counties have only one health insurance option, while Aetna just announced it would depart the ObamaCare markets entirely. Although the GOP sponsors of the bill that passed today did not wait for a CBO analysis , the American Medical Association , the American Association of Retired Persons and just about every expert in the medical care field have predicted that $8 billion is not almost enough to cover for five years the increases that ... Read More »

Defecting French ex-PM Valls is told he must join Macron's party

The rest will be defectors from the Socialists and right-wing Republicans and members of Mr Macron's movement and the allied centrist Modem party. Former French premier Manuel Valls can not run for parliament for president-elect Emmanuel Macron's En Marche! It comes as no surprise, then, that Macron's more decisive than expected victory has been hailed by most major news outlets across the world as a forceful rebuke of populism. Read More »

Mail carriers collecting food donations Saturday to Stamp Out Hunger

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Last year, the National Association of Letter Carriers collected over 71 million pounds of food nationally, feeding an estimated 30 million people. "We are always grateful for the community for whatever they do and to the letter carriers for all their extra work to collect the food at the same time they deliver the mail", said Cindy Sloan, with the Food Bank of Manatee. Read More »

China OK's US beef, and US does same with Chinese poultry

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China is the top export market for US agriculture products, with the total value of exports rising by more than 1,100 percent since 2000 to $21.412 billion in 2016, so beef sales are potentially lucrative for USA exporters. These talks represent the latest effort to resolve contentious trade issues between the world's two largest economies in a process that began during the administration of George W. Read More »

China's first domestically-designed airliner makes its maiden flight

Spectators take photos as they watch the COMAC C919, China's first large passenger jet, coming in for a landing on its maiden flight at Shanghai's Pudong airport on May 5. Waldron agreed it will take time, but said that over the next century China will become a world aviation player. China is pushing for recognition globally of its certification by European and USA regulators. Read More »

Fidelity National Financial, Inc. (NYSE:FNF) Recent Ownership Changes

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FNF Group of Fidelity National Financial had a net margin of 7.51% and a return on equity of 10.61%. FNF is the nation's largest title insurance company through its title insurance underwriters - Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of NY - that collectively issue more title insurance policies than any other title company in the United States. Read More »

Trump Warns Comey About Leaking To Media, Suggests Possible 'Tapes'

She was left flat-footed trying to defend Trump's admission to NBC that he called Comey and asked him whether he's under investigation. White House officials have also suggested that Comey needed to be fired because he had lost the confidence of the FBI's rank and file, an account disputed by the bureau's current acting director, Andrew McCabe, as well as the heads of two organizations representing current and former FBI agents, analysts and other personnel. Read More »

Did Justin Bieber Immediately Left India For This Reason?

Bieber even praised a fan from the crowd saying "I like your objective tour merch [merchandise]". Bieber started his gig with his hit songs Mark My Words , Where Are You Now and Get Used To It and he got a huge support from his fans who also sang with him. Read More »

Should You Buy Or Sell Kohl's Corporation (NYSE:KSS) On Analyst Concensus?

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Thrivent Financial for Lutherans now owns 6,195 shares of the company's stock valued at $305,000 after buying an additional 100 shares during the last quarter. Jefferies Group also issued estimates for Kohl's Co.'s Q2 2018 earnings at $1.15 EPS, FY2018 earnings at $3.70 EPS, FY2019 earnings at $4.03 EPS and FY2022 earnings at $5.46 EPS. Read More »

OPEC sees much higher oil supply from rivals in 2017

The announcement will likely boost to oil prices, which yesterday jumped on reports from the American Petroleum Institute and the Energy Information Administration, which both estimated USA crude oil inventories to have fallen by more than 5 million barrels in the week to May 5. Read More »

Sally Yates Testimony Blows Trump Russia Scandal Wide Open

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She followed up on the conversation in a January 30 phone call. What's more, her career with the Justice Department stems much further back, across multiple administrations and parties. But she said she didn't know if the White House took steps to restrict Flynn's access to sensitive or classified information. Yates was asked in that White House meeting whether Flynn should be fired, and she said "that really wasn't our call", according to her testimony Monday. Read More »

Coach Bags Kate Spade in $2B Bet on Millennials

Bloomberg suggests that the deal speaks to the "handbag industry's broader woes": "Companies have struggled to get customers to pay full price, and a reliance on the beleaguered department-store channel has hurt sales". Unlike Coach and Michael Kors, which have been known for their loud logos and were slow to adapt to this small logo trend, Kate Spade bags include a tiny stamp with its brand name. Read More »

NHS cyber-attack did not hit Wales - Welsh Government

A massive global ransomware attack has struck hospitals, companies and government offices around the world, seizing control of affected computers until the victims pay a ransom. "This is not targeted at the NHS, it's an worldwide attack and a number of countries and organizations have been affected", British Prime Minister Theresa May said. Read More »