Money

Obama, trying to protect legacy, unlikely to act on Mideast peace

But the president's executive authority allows him to stop the act from taking effect because he determines it is necessary "in order to protect the national security interests of the United States". The city is now split between East and West, with the Western portion largely being inhabited by Jews and the Eastern portion by Palestinians. The Palestinians have so far refused such negotiations while demanding preconditions for any talks, and are actively seeking an global resolution that ... Read More

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Vegans want 'fat-free' UK 5-pound bank note

Our supplier of polymer substrate, Innovia Security, has confirmed to us that these additives may include extremely small amounts of tallow . The Bank of England pointed out that tallow is also used to make candles and soap. The news meant vegetarians and vegans were shocked. The new plastic £5 note was warmly welcomed when it launched back in September , thanks to its enhanced durability and sleek, more modern-looking appearance. Read More

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US home prices surpass pre-recession peak amid healthy sales

US home prices surpass pre-recession peak amid healthy sales

Yet many cities remain far below their pre-recession peaks, Blitzer said, including those that have seen large gains since the downturn, such as Miami, Tampa, Phoenix, and Las Vegas. Prices have also been propped up by mortgage rates that fell to a three-year low this year. Yet Americans' after-tax incomes have increased just 1.3 percent during that time. Read More

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New Ford Fiesta first details

Having first appeared in showrooms in 2008, the current Ford Fiesta is getting rather long in the tooth, but you wouldn't know it. Also joining the range will be an upmarket Vignale version, a sporty ST-Line variant, and Active, the first in a new line-up of crossover-styled versions that will roll out across the Ford family. Read More

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Mortgage rates climb even higher

Mortgage rates climb even higher

Fannie Mae jumped as much as 33 percent by mid-morning trading, the most since April, and Freddie Mac rose nearly 33 percent, the most since May 2013. Fannie Mae and Freddie Mac were bailed out to the tune of $188 billion during the financial crisis and put into government conservatorship as their portfolios of home loans soured during the credit crunch. Read More

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Oil prices rally as OPEC discusses output cut

Oil prices rally as OPEC discusses output cut

However, they were unlikely to skyrocket further in reaction to the deal and the rally may even be short-lived, traders and analysts said. Even without an agreement, however, Wood Mackenzie said Brent crude oil prices would still gain slight ground through the second half of 2017, but stay below the psychological threshold of $50 per barrel. Read More

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Office Depot, Inc. (NASDAQ:ODP), Banco Santander, S.A. (NYSE

Office Depot, Inc. (NASDAQ:ODP), Banco Santander, S.A. (NYSE

The firm's stock has a market capitalization of $161.41 bln. Callahan Advisors LLC now owns 1,911 shares of the home improvement retailer's stock worth $244,000 after buying an additional 157 shares during the period. On average, equities analysts anticipate that The Home Depot Inc. will post $6.34 earnings per share for the current fiscal year. Shareholders of record on Thursday, December 1st will be paid a dividend of $0.69 per share. Read More

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Kellogg to join others in removing advertising on Breitbart

Kellogg to join others in removing advertising on Breitbart

Breitbart has become the target of a social media effort to call out companies and organizations that advertise on it. Multinational food company Kelloggs is following major players such as AppNexus , Earthlink , Warby Parker and Novo Nordisk in distancing themselves from Breitbart news , removing their advertisements as a result of conflicting viewpoints. Read More

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El Dorado Salvation Army Gears Up for Holiday Season

El Dorado Salvation Army Gears Up for Holiday Season

The "Gifts for Kids Angel Tree" program is a way for people to donate Christmas gifts to foster children and children in need during the holiday season. However, even with the lack of local kettles and bell-ringers, generous people still can donate specifically to help needy people in Cambria, San Simeon, Harmony and environs. Read More

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What is the Sell-side Saying About Physicians Realty Trust (NYSE:DOC)?

What is the Sell-side Saying About Physicians Realty Trust (NYSE:DOC)?

Federal Realty Investment Trust had a net margin of 32.89% and a return on equity of 10.87%. Hedge funds and other institutional investors have recently bought and sold shares of the company. The company posted EPS of $0.26 for the same quarter past year. The financial metric shows Federal Realty Investment Trust FRT 's ability to yield profits before leverage instead of using leverage. Read More

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Trudeau government approves Trans Mountain, Line 3 pipeline projects

Enbridge has learned that lesson the hard way, after its Northern Gateway project gained approval from the previous Conservative government in 2014, only to see Trudeau reject the project Tuesday. "It saddens me because we hoped things might be different with Trudeau but today's decision is a big step backwards", she said. First Nations, including the Tsleil-Waututh Nation, and environmental groups announced their disappointment. Read More

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Lufthansa cancels 35 flights on Sunday

Lufthansa cancels 35 flights on Sunday

About 30,000 Lufthansa passengers will be affected by flight cancellations on Saturday as the pilots' union continues to strike, according to the German airline. The union plans to add long-haul routes to the walkout on Wednesday. Lufthansa pilots have struck 14 times since 2014. Lufthansa has put the cost of the stoppage at around 10 million euros ($11 million) a day. Read More

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Trump team adds lawyer, Fox analyst

Trump's licensing deals and other businesses have drawn renewed scrutiny since he was elected president on 8 November, yet he said this week in an interview with the New York Times that as a sitting U.S. Mitt Romney as secretary of state . She confirmed that she had accepted the position to Fox News . McFarland supported Trump's appointment of retired Lt. Read More

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Trump team tension over Romney spills into public view

Trump team tension over Romney spills into public view

But the other leading choice for secretary of state , Giuliani, has made some U.S. diplomats and ethics experts wary because of his business dealings with foreign governments, as well as his lack of experience in foreign policy. That Trump would invite maybe his harshest intraparty critic on to his team suggests that Trump, far from seeking to govern like a dictator, wants to be questioned. Read More

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Trump Irks UK With Unsolicited Ambassador Suggestion

The tweet in question comes a little more than a week after Farage became the first foreign politician to visit Trump following his upset victory in the U.S. It is career politics at its worst and it is now getting in the way of the national interest. Trump endorsed the Brexit movement even as it was opposed by President Barack Obama and other global leaders. Read More

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