TWEEN FLO

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Thieves emptied the bank account of America's oldest living veteran

<b>(CNN) —</b> Someone has stolen the identity of the oldest living veteran in America and emptied his bank account.<p>The family of 112-year-old Richard Overton said they don't know how a thief got Overton's social security and personal checking account numbers.<p>They discovered the issue Thursday when one of …

Online Life

GE booted from the Dow, to be replaced by Walgreens

Industrial giant General Electric is out of the Dow Jones industrial average and will be replaced by drugstore chain Walgreens Boots Alliance.<p>GE was …

Stock Markets

Moody's invests in AI-based predictive analytics firm

Moody's (NYSE:MCO) makes a minority investment in QuantCube Technology, a Paris-based provider of artificial intelligence-based predictive analytics …

In a feel-good Korea summit, Kim lays the groundwork for meeting with Trump

GOYANG, South Korea — North Korea’s Kim Jong Un has laid the foundations for a meeting with President Trump as soon as next month, signaling a willingness to discuss denuclearization and trying to dispel the idea that he’s an unreliable “Little Rocket Man.”<p>In an astonishing turn of events, a …

North Korea

Bill Cosby Found Guilty Of All Charges In Sexual Assault Retrial

<b>Updated at 5:34 p.m. ET</b><p><b>Editor's note:</b> <i>This story contains a graphic description of sexual assault.</i><p>A Pennsylvania jury has found Bill Cosby guilty of three counts of aggravated indecent assault, setting up the comic legend for the possibility of years of imprisonment for drugging and sexually …

Justice

Trump’s remarks that Middle Eastern states ‘wouldn’t last a week’ without U.S. cause anger in the region

As French President Emmanuel Macron visited Washington, President Trump appeared to take aim at Western allies in the Middle East — implying that they would crumble within “a week” if the United States didn't protect them.<p>“Countries that are in the area, some of which are immensely wealthy, would …

Middle East

Hasbro Accelerates Transformation on Earnings Miss

While the situation at Toys R Us dented its results, Hasbro is positioning itself to return to growth.<p>Going into Monday's first-quarter financial …

Commodities Shoulder the Blame for Hits to Treasuries and Stocks

The recent weeks of sanctions, tariff dust-ups and tight oil supplies that jolted commodities prices higher have now got equities and Treasuries …

Amy Schumer's 'I Feel Pretty' Braces for Ugly Box Office Debut

“Super Troopers 2” and “Traffik” also open as major distributors steer clear of Marvel ahead of “Avengers: Infinity War” opening<p>Amy Schumer’s new …

3 Stocks I'll Buy in a Stock Market Crash

Volatility has returned to the markets. Here's my shopping list in case the carnage continues.<p>It's been a rough month or two for investors. As of …

Surge in imports helps curb U.S. fourth-quarter economic growth

WASHINGTON (Reuters) - U.S. economic growth slowed slightly more than initially thought in the fourth quarter after the strongest pace of consumer spending in three years depleted inventories and drew in imports as businesses struggled to produce enough goods and services.<p>FILE PHOTO: Shipping …

Economy

Bitcoin Rival Litecoin Has Rocketed 120% Since Bitcoin Futures Started Trading

It's already a good week for litecoin.<p>The digital currency, which has long stood in the shadow of more preeminent crypto assets such as bitcoin and …

Bitcoin hits new high above $11,500 as the Winklevoss twins become the first bitcoin billionaires

LONDON — Bitcoin is back to its winning ways, posting a record high on Sunday and making billionaires of the twins Cameron and Tyler Winklevoss.<p>Bitcoin suffered big price falls last week but recovered over the weekend. The digital currency hit a new high of $11,826.76 a coin on Sunday, according to …

She was missing for 42 years. But even she can't tell police where she's been.

The phone call that would eventually unfreeze a 42-year-old cold case came in on Sept. 15. It was an inquiry between law enforcement agencies. Typical. Routine. Nothing hinting at the surprise lying ahead.<p>Yan Salomon, a senior investigator with the New York State Police, dialed up the detective …

I haven't paid an ATM fee in over 10 years — and I can tell anyone how to stop paying them for good

I refuse to pay bank fees.<p>There's just something about paying to use my own money that I can't accept — and I don't think anyone should. Especially as a financial planner who has seen first hand how fees can devastate budgets, while adding billions to banks' bottom lines.<p>Bank of America, Wells …

Trump to Scrap Critical Health Care Subsidies, Hitting Obamacare Again

WASHINGTON — President Trump will scrap subsidies to health insurance companies that help pay out-of-pocket costs of low-income people, the White House said late Thursday. His plans were disclosed hours after the president ordered potentially sweeping changes in the nation’s insurance system, …

Trump to Force Congress to Act on Iran Nuclear Deal

WASHINGTON — President Trump is expected to overrule his top national security advisers and decline to certify the Iran nuclear agreement, according to people who have been briefed on the matter, a decision that would reopen a volatile political debate on Iran but is likely to leave in place the …

Bill Gates says this will be worth “10 Microsofts”

I can’t believe so many investors haven’t heard about something Microsoft founder Bill Gates told a group of college students in 2004.<p>Speaking about a special type of technology that wasn’t around back then, Gates said if someone ever <i>does</i> invent it:<p><b>“That is worth 10 Microsofts."</b><p>Fast-forward to …

Stock pickers are piling into these 8 stocks

The list is part of a new report on active manager holdings. According to BAML, the "overowned" list includes companies that meet the following criteria:<p>The list ranges from credit card companies like Visa and Mastercard to tech giants like Amazon and Alphabet.<p>Check out the list of eight stocks …

Investing

GOLDMAN SACHS: Bitcoin may need 'another few swings' before making a run at record highs

Bitcoin is is trading down 4.7% at $2,623 a coin. Tuesday's selling comes after a strong day of gains on Monday as traders continue to jockey for position ahead of the August 1 decision on whether or not bitcoin will be split in two.<p>According to Sheba Jafari, the head of technical strategy at …

The GOP plan to protect Medicaid recipients could run out of money after 2 years

Republicans are scrambling to forge a health-care compromise after their effort to undo the Affordable Care Act, also known as Obamacare, fell apart in the Senate last week. One particularly thorny issue is the plight of people in the lower middle class who have benefited from an expansion of …

How healthy is the global financial system? | Mohamed El-Erian

Policies to shore up the banking system have paid off in the US and the UK, with Europe catching up, but some big risks still remain<p>In recent weeks, policymakers on both sides of the Atlantic have affirmed that the financial system is sound and stable. The US Federal Reserve announced in June that …

Chinese internet giant Tencent launches WeChat Pay in Europe to challenge Alibaba’s Alipay

Chinese internet giant Tencent launched its WeChat Pay payments service in Europe on Monday, challenging rival Alipay, which is owned by rival …

Stephen Hawking's moving speech at Cambridge University to mark 75th birthday leaves audience in tears

Professor Stephen Hawking moved an audience to tears on Sunday, after he spoke at an event to mark his 75th birthday.<p>The physicist and cosmologist …

Revised travel ban rolls out to a muted response at US airports

<b>(CNN) —</b> As the revised version of President Donald Trump's travel ban went into effect Thursday night, the public reaction was muted compared with the massive protests that erupted in January.<p>Small groups of lawyers and volunteers gathered at the arrival terminals of major airports including …

Immigration

Oil and Gas Stock Roundup: Crude Wobbles, Taking Oil Stock Down With It

After steadily rising for nearly a month, the price of crude oil reversed course this week, falling more than 6% and closing below $50 per barrel. Fueling the sell-off were a myriad of concerns including election worries in France and rising U.S. oil production. Those anxieties more than offset …

Putin meets with Tillerson in Russia as Syria rift deepens

<b>(CNN) —</b> US Secretary of State Rex Tillerson said Wednesday that relations with Moscow are at a low point after meetings in Russia that seemed to do little to bridge a deepening diplomatic divide over a chemical attack in Syria.<p>Relations are "at a low point, there is a low level of trust between our …

Middle East

Trump launches military strike against Syria

<b>(CNN) —</b> The United States launched a military strike Thursday on a Syrian government airbase in response to a chemical weapons attack that killed dozens of civilians earlier in the week.<p>On President Donald Trump's orders, US warships launched 59 Tomahawk cruise missiles at the airbase that was home …

Middle East

Canadian, World, Politics and Business News & Analysis

Business (Canada)

Suicide bombers kill 6 outside court in northwest Pakistan

PESHAWAR, Pakistan (AP) — A group of suicide bombers with grenades and assault rifles struck outside a courthouse in northwestern Pakistan on …