Could a second straight quarter of falling earnings signal a possible recession?

Sluggish corporate earnings could be another warning sign for the economy. Two weeks ago, stocks were hitting record highs daily, juiced by expectations for a steroid-like boost to the market in the form of a Federal Reserve interest rate cut later this month. Last week the market stalled, mostly because of mixed quarterly results from corporations and speculation that the Fed […]

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Gary LeMel Dies: Music Supervisor For ‘The Bodyguard’ And Other Monster Soundtracks Was 80

Gary LeMel, the music supervisor on such huge-selling soundtracks as The Bodyguard, The Big Chill and Ghostbusters, died last Saturday at age 80. No cause was immediately released, but LeMel suffered from dementia for the last few years. Born in London, LeMel and his family moved to Tucson, Arizona at age 10. He dropped out of college to tour with […]

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Beto pushes 'war tax' that would charge Americans for each new war

2020 Democratic hopeful Beto O’Rourke questions President Trump’s strategy on Iran Beto O’Rourke says the U.S. can resolve issues ‘peacefully’ with Iran. Former Rep. Beto O'Rourke, D-Texas, said Monday that as president, he would impose a "modest" tax on citizens for each new war as part of his plan to get the United States out of "endless" overseas conflicts. His "war […]

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Citigroup Kills Some Card Perks as It Unveils New Reward Options

In this article The world’s largest credit-card issuer is eliminating some of its credit-card perks as it launches a new way for customers to use points. Citigroup Inc. will discontinue free trip insurance and price-protection guarantees from all its U.S. cards, while other perks, including car-rental and lost-baggage insurance, will be pulled from some accounts. Separately on Tuesday, the bank […]

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China ramps up war of rhetoric in trade standoff with US

In this Wednesday, May 22, 2019, photo, surveillance cameras are seen outside the headquarters of Chinese security technology company Hikvision in Hangzhou in eastern China’s Zhejiang province. Stepping up a propaganda offensive against Washington, China’s state media on Friday accused the U.S. of seeking to “colonize global business” by targeting telecom equipment giant Huawei and other Chinese companies. (Chinatopix via […]

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