China’s Downgrade Could Lead to a Mountain of Debt – Bloomberg

Bloomberg China's Downgrade Could Lead to a Mountain of DebtBloombergThe downgrade of China's debt by Moody's Investors Service may push Chinese companies to borrow even more money from domestic banks as overseas debt becomes more expensive, increasing risks for the nation's finance industry. With growing …World stocks slip on China downgrade, ahead of Fed minutesReutersChina's Ratings […]

Trump’s budget only works ‘if you believe in tooth fairies’ – Business Insider

Business Insider Trump's budget only works 'if you believe in tooth fairies'Business InsiderMoving past the headline numbers — $1.7 trillion in spending cuts, massive reduction in the long-term for social safety net programs, and increased defense spending — many economists and political analysts observed that the most striking part of the …Larry Summers: Trump's budget […]

Ford names James Hackett CEO as challenges mount – Reuters

Reuters Ford names James Hackett CEO as challenges mountReutersWASHINGTON/DEARBORN, Mich. Ford Motor Co (F.N) on Monday named James Hackett, who heads its unit developing self-driving cars, as chief executive officer, responding to investors' growing unease about the U.S. automaker's stock price and …As Profit Dwindles, Ford Is Said to Replace Its CEONew York TimesMeet Ford's new […]

8 riders rescued after coaster stops at Six Flags Over Texas – Washington Post

Washington Post 8 riders rescued after coaster stops at Six Flags Over TexasWashington PostARLINGTON, Texas — Emergency personnel have rescued eight people from a new roller coaster at Six Flags Over Texas in Arlington after it stopped on an upper area of track. Officials say nobody was hurt. The last rider was safely removed before […]

MAJOR BREAKING NEWS: Abbott signs LSGCD board member election legislation into law

MAJOR BREAKING NEWS: Austin, May 18 – Governor Greg Abbott signed House Bill 1982 into law, to go into effect September 1, 2017, which provides for election of the board of directors of the Lone Star Groundwater Conservation District (LSGCD)! House Bill 1982, authored by Representative Will Metcalf (R-Conroe), Representative Mark Keough (R-The Woodlands) and […]

Mnuchin expects Fannie and Freddie to keep sending profits to the US Treasury – MarketWatch

MarketWatch Mnuchin expects Fannie and Freddie to keep sending profits to the US TreasuryMarketWatchIn 2008, as the financial crisis swirled, the federal government rushed Fannie Mae and Freddie Mac into conservatorship. The two giant mortgage-finance companies became wards of the state under a new regulator that would manage their affairs until they …Why U.S. Ponders Going […]

Starbucks outage leads to free coffee at some locations – NOLA.com

NOLA.com Starbucks outage leads to free coffee at some locationsNOLA.comStarbucks locations across the U.S. and Canada experienced outages and problems with their payment systems Tuesday, May 16, 2017. (AP Photo/Richard Drew, File). Print Email · Jennifer Larino, NOLA.com | The Times-Picayune By Jennifer Larino …Starbucks sees payment system outage in US and CanadaCNBCStarbucks software glitch takes […]

Oil Price Indicators Flash Buy as OPEC Expectations Grow Bigger – Bloomberg

Bloomberg Oil Price Indicators Flash Buy as OPEC Expectations Grow BiggerBloombergPrice curve? Check. Technical markers? Check. The oil market just got bullish and that's left OPEC with little room for maneuver when it meets in Vienna next week. The most important market news of the day. Get our markets daily newsletter. Sign Up.Oil rises 2 […]

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