Finance

Trump To Ask Congress For Additional $8.6 Billion For Border Wall In New Budget

WASHINGTON, March 10 (Reuters) ― President Donald Trump on Monday will ask the U.S. Congress for an additional $8.6 billion to help pay for the wall he promised to build on the southern border with Mexico to combat illegal immigration and drug trafficking, officials familiar with his 2020 budget request told Reuters. The demand is […]

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Markets Right Now: Stocks fall as weak earnings offset GDP

The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are opening lower Friday after weak earnings reports offset a report showing solid growth in the U.S. economy. The economy grew at a solid 3.2%, the Commerce Department said, compared with 2.2% in the fourth quarter. Some earnings news disappointed investors. Intel

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Paul Manafort Charged With Real Estate Fraud In New York

March 13 (Reuters) – U.S. President Donald Trump’s former presidential campaign chairman Paul Manafort has been indicted on 16 new charges in New York including residential mortgage fraud, state prosecutors said on Wednesday. Less than an hour after Manafort was sentenced on federal conspiracy charges in Washington, Manhattan District Attorney Cyrus Vance announced that the

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Phone Companies Are Testing Tech to Catch Spam Calls. Let’s Hope It Works.

T-Mobile was the first to install the new standard — known by the acronym Stir/Shaken, a tortured reference to James Bond and martini preparation — in January, although it’s currently compatible only with certain devices. AT&T and Comcast have worked together to verify calls across their networks, and Verizon said it expected to finish rolling

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Ethiopian Airlines Black Boxes Show ‘Clear Similarities’ With Lion Air Crash: Official

ADDIS ABABA, March 17 (Reuters) ― Analysis of the data from the black boxes of an Ethiopian Airlines plane that crashed killing all 157 people on board showed “clear similarities” with October’s Lion Air crash, a spokesman for the Ethiopian Transport Ministry said. Both planes were Boeing 737 MAX 8s, and both crashed minutes after

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When Condo Boards and Residents Clash, Legal Bills Mount

My mother-in-law recently regaled me with a tale of intrigue, money and power in her South Florida homeowners association. Seeking to raise about $6 million to refurbish the 20-year-old community, the association’s board had voted to assess each homeowner $7,000. But a group of vocal residents fought back, setting up a power struggle. This conflict

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