With the Dow comfortably above 18,000 and the Nasdaq near 5,000, today a 50-year market veteran warned King World News that with 93 million people already unemployed in the United States, the coming economic pain will be multiples of the Great Depression. He also spoke about the action in the gold and silver markets.
General Electric is unlikely to gain unconditional European Union clearance for its 12.4 billion euro ($13.85 billion) bid for Alstom’s power equipment business, two sources familiar with the matter said on Monday. The European Commission opened a full investigation in February to consider competition implications of a deal that would remove one of GE’s three rivals in the manufacturing of heavy-duty turbines for gas-fired power plants. The antitrust investigation was
Driven by higher interest costs, Social Security and Medicare for baby boomers, as well as tax cuts made permanent in 2012, the federal debt held by the public is expected to hit $40 trillion in 2035.
-The new-generation Ford Mustang already packs retro-tinged styling, but Ford is turning up the nostalgia another notch for 2016 with two new appearance packages and a throwback to the 1967 Mustang’s hood-vent turn signals. READ MORE ›› –
By Kate Kelland LONDON (Reuters) – An antibiotic-resistant “superbug” strain of typhoid fever has spread globally, driven by a single family of the bacteria, called H58, according to the findings of a large international study.
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Jonathan Forte and James Wilson are staying at Oldham after the club took up options on the duo.
Little is known about the Nintendo NX, the company’s mysterious new console. However, during a recent investors Q&A, Nintendo boss Satoru Iwata dropped a couple more hints that should frustrate and intrigue in equal measure. As he’d previously stated, Iwata reiterated that the company won’t talk more about the NX until 2016. He also said Nintendo “cannot talk about the time period when it [the NX] will go on sale
