S&P Dow Jones Indices

Still sluggish: US only grew 1.2% to start 2017

America got a slow start to 2017<p>The US economy only grew 1.2% at an annual pace during the first three months of the year, according to a new estimate by the Commerce Department.<p>That's a hair better than the initial estimate of 0.7% published a month ago, which had been the worst quarter of growth …

Dow Jones

Dividend Growers Vs. High Dividend Yielders: How They Compared As Interest Rates Rose

<i>By Kieran Kirwan</i><p>There are generally two types of dividend strategies:<p>Dividend growers: Those targeting stocks that consistently grow their dividends …

Investing

OPEC Cuts….So What! U.S. Crude Drops Below $50

OPEC has spoken. The oil cartel will extend production cuts by nine months, through March 2018 in a bid to raise crude prices even as U.S. shale …

Oil

Rieger Report: The World Is Flat

<i>By J.R. Rieger</i><p>There have been a myriad of articles with headlines and content about rising rates, the coming evisceration and other zombie apocalypse …

Business

OPEC's Cuts Are Shrinking Trading Opportunities

By Jodie Gunzberg<p>The unintended consequences of OPEC's policy (in summer of 2014) of flooding the market with oil to lower prices and gain market …

Oil

How America's immigrant workforce is changing

America's workforce is changing.<p>Baby Boomers are retiring and U.S. birth rates are falling. With fewer native born workers coming into the job market, the country isbecoming more reliant on immigrants than ever beforeto keep its labor force growing, according to the Pew Research Center.<p>Today, …

Immigration

Insurer spells out how much Trump-fueled uncertainty hikes premiums

Many insurers say that the uncertainty emanating from Washington D.C. is prompting them to request even steeper hikes in premiums for 2018.<p>Blue Cross and Blue Shield of North Carolina is spelling out just how much it could cost consumers.<p>The insurer is requesting a rate hike of nearly 23% for next …

Insurance

Trump at G7; Amazon and Google near $1,000; U.S. data

<b>1. G7 meeting:</b> President Trump's whirlwind foreign tour continues Friday at the G7 summit in Italy.<p>Trump will meet leaders of the U.K., Germany, France, Italy, Japan, Canada and the European Union in Sicily to discuss the global economy, trade, inequality and climate change.<p>Trump's skepticism …

Markets

Trump attacks Germany as 'very bad' on trade

President Trump has gone on the attack again over Germany's trade policies.<p>At a meeting with European Union officials in Brussels on Thursday, Trump said Germany was "very bad on trade," according to the president's top economic adviser Gary Cohn.<p>"He said they're very bad on trade but he doesn't …

Business

British pound hit by election jitters and weak growth

The British pound took a drubbing on Friday after an opinion poll showed that Prime Minister Theresa May's lead has narrowed sharply ahead of a crucial general election.<p>The pound dipped 0.7% against the dollar to trade below $1.29, adding to losses that have made it the week's worst-performing …

Brexit

U.S. lawmakers want to ban American tourists from North Korea

U.S. lawmakers are pushing for a ban on American tourists visiting North Korea.<p>Two congressmen introduced a bill on Thursday that aims to cut off a source of foreign currency to Kim Jong Un's government and prevent it from detaining more U.S. citizens.<p>"Tourist travel to North Korea does nothing but …

North Korea

Trump wants at least 6 million people off welfare

President Trump became famous for saying "You're fired." Now he wants to be known for saying, "You're hired!"<p>Trump appears to want at least 6 million Americans off government aid and into full-time jobs.<p>"If you're on food stamps and able-bodied, we need you to go to work," White House budget …

Dow Jones

EU citizens are leaving Brexit Britain

More Europeans are bailing on Britain.<p>New government data show that 117,000 citizens of other European Union countries left Britain in 2016, an increase of 36% over the previous year.<p>The departures -- the most since the global financial crisis -- coincided with Britain's vote to leave the EU, an …

Brexit

These are the safest cars on the road

Cars are getting safer.<p>A new report identified 11 different car and SUV models in which no one died over a four year period.<p>That's the highest number of models without a single fatality ever recorded by this survey.<p>The report, from the Insurance Institute for Highway Safety, looks at federal …

Transportation

What ETF Providers May Do About Rising Index Fees

Just how frustrated have ETF providers grown over rising index provider fees?<p>According to the FT.com, fee pressures are driving ETF shops and other …

Finance

Why Earnings Have Investors Feeling So Happy -- Update

Earnings at U.S. companies grew at the fastest pace in nearly six years in the first quarter, the latest boon to a bull market that has stretched into its ninth year.<p>With nearly all companies in the S&P 500 having reported results, aggregate earnings for the first quarter are on track to grow 13.6% …

Markets

How can I pay off $175,000 in student loans and still have a life?

<i>I am 27 and just graduated from law school with about $175,000 in student loans. I have a good job, but am torn between working to pay off these loans quickly, or focusing on more equity-building financial decisions, like saving for a down payment on a house. Where should I allocate my</i> …

Personal Finance

How NATO is funded and who pays what

President Trump has again accused America's NATO allies of falling behind on their bills.<p>"Twenty-three of the 28 member nations are still not paying what they should," Trump told heads of NATO states assembled Thursday in Brussels. "Many of these nations owe massive amounts of money from past …

OECD

5 steps to perfect financial health

We all know the basic steps we can take to improve our physical health: eat nutritious foods, exercise, get plenty of sleep, and so on.<p>But how do you get in tip-top financial health? Beyond "save more and spend less," many of us don't quite know. So here's one plan you can follow to whip your …

Personal Finance

Arabs give billions to charity. It might be better spent

In the oil-rich Gulf, public displays of private wealth are everywhere. The prosperous buy expensive license plates for supercars and gold-plated iPhones.<p>But when it comes to giving money away, rich Arabs prefer to do so quietly, in keeping with Islamic tradition.<p>"Often the motivation behind giving …

Middle East

How to stop the money fights and grow (wealthy) as a couple

Fights about money are one of the leading causes of divorce in America. A third of couples say they get into it about money at least once a month, according to Ameriprise Financial.<p>But money fights are rarely about the numbers in your bank account.<p>More often they're about trust, communication and …

Dow Jones

India's high tax on sanitary pads sets off storm of protest

Indians are protesting a government plan to tax products that millions of women can't do without.<p>Sanitary pads are set to be taxed at 12% under a new set of national rates set by the government. Thousands of people say the levy should be zero.<p>The new rates, released a week ago, are part of a …

Business

It's been 10 years since Congress raised the minimum wage

Congress hasn't raised the federal minimum wage in 10 years. Democrats on Capitol Hill decided to mark the occasion by introducing a bill that probably won't pass.<p>On Thursday, Congressional Democrats, with the support of Senate Minority Leader Chuck Schumer and House Minority Leader Nancy Pelosi, …

Business

Not all retailers stink! Best Buy stock at all-time high

With apologies to Michael Stipe of R.E.M., it may be the end of the retail world as we know it. But Best Buy feels fine.<p>The electronics retailer reported a solid jump in sales -- both at its brick-and-mortar stores and online. Best Buy also posted a profit on Thursday that easily topped Wall …

Stocks

At this manufacturing company, women rule the factory floor

Carey Manufacturing makes pedestrian products -- the same handles and latches it's turned out for 40 years.<p>But it's making a name for itself these days because of an unusual distinction.<p>Almost half its workers are women, and women outnumber men on the factory floor.<p>Millie Ramirez, 23, is one of …

Manufacturing

Does anyone shop at Sears? Sales plunge again

Raise your hand if you've shopped at Sears or Kmart lately. Hello? Anyone? Anyone?<p>The sad decline of Sears, once an American retail icon, continues. The struggling company said Thursday that overall sales plunged more than 20% from a year ago.<p>And same-store sales (which measures the performance of …

Business

Trump angers US farmers by lifting ban on Argentine lemons

President Trump is angering US citrus farmers.<p>He's decided to allow lemons to be imported from Argentina -- one of the biggest lemon producers in the world -- for the first time in 16 years.<p>The ban on Argentinian lemons lifts on Friday.<p>It was put in place after US lemon growers and scientists …

Business

OPEC extends oil supply curbs as glut persists

Major oil producers have struck a deal.<p>OPEC and key producers including Russia agreed Thursday to extend curbs on oil output to the end of March 2018.<p>"The cooperation between non-OPEC and OPEC countries will continue, as it has already yielded very good results," said Russian energy minister …

Oil

Trump wants to drill for oil in Alaska's fragile wildlife refuge

President Trump wants to allow Big Oil to "drill, baby, drill" in Alaska's fragile Arctic wildlife refuge.<p>The 19-million-acre Arctic National Wildlife Refuge has been closed to oil exploration since 1980 due to concerns about the impact on the region's caribou, polar bears and other animals.<p>But …

Oil

Trump budget proposes 40% cut to job training programs

America has millions of jobs openings but not as many applicants with the right skills. It's a big problem in the US job market.<p>Many believe the solution to the problem lies in effective job training programs.<p>"Workforce development and vocational training -- very important words," Trump said on …

Dow Jones