Bond Traders’ Worst Cocktail of 2017: Long Treasuries and Dollar
published Dec 29, 2017 5:00:00 PM, by Brian Chappatta (Bloomberg) — Few bond traders around the world will raise a glass to toast U.S. Treasuries and the dollar this New Year’s Eve. Among the countries represented in the Bloomberg Barclays global sovereign-debt index, U.S. obligations had the worst 2017 total
Women and Family: Moving into 2018 by Brad Weisman
It is always important to reflect on the past year as it closes for us all. Sure, we all had some things that were not so fun, however we all have prevailed. Haven’t we….we are still here….living each day…and grasping at what is next. The “Next” is what you make
America’s Deep Freeze Is Aiding Coal and Sending Power Surging
published Dec 28, 2017 2:58:37 PM, by Tim Loh and Christopher Martin (Bloomberg) — The arctic blast that’s turning the eastern half of the U.S. into a giant icebox this week has been good news for oil and coal. Plants are using the most fuel oil in three years to
Michael Jackson Estate May Avoid Penalties in IRS Dispute
published Dec 28, 2017 7:38:03 PM, by Edvard Pettersson (Bloomberg) — The estate of Michael Jackson looks to have escaped a possibly hefty penalty for allegedly undervaluing the late singer’s assets. A U.S. Tax Court judge denied the Internal Revenue Service’s bid to provide additional evidence in a case that
Netflix’s `Bright’ Gets Blockbuster Audience, Nielsen Says
published Dec 28, 2017 6:06:23 PM, by Crayton Harrison (Bloomberg) — Netflix Inc.’s ambitious attempt at a big-budget film, “Bright” starring Will Smith, drew an enough viewers in its first three days to rival the opening-weekend audiences of several top Hollywood movies this year, according to Nielsen data. “Bright” got
IRS Sets Conditions for Deducting 2018 Property Taxes This Year
published Dec 27, 2017, 5:03:38 PM, by John Voskuhl (Bloomberg) — Taxpayers can deduct their 2018 state and local property taxes on their 2017 returns if they pay those tax bills before the end of the year — and only if the taxes were assessed before 2018, the Internal Revenue
IPhone X Shipment Forecasts Cut by Analysts on Tepid Demand
published Dec 26, 2017, 1:46:58 PM, by Bloomberg News (Bloomberg) — Apple Inc. looks like it’s having a not-so Merry Christmas. Analysts lowered iPhone X shipment projections for the first quarter of next year, citing signs of lackluster demand at the end of the holiday shopping season, and the company’s
Putin Tries to Lure $1 Trillion Home as Sanctions Fear Grows
published Dec 26, 2017, 7:45:56 AM, by Henry Meyer (Bloomberg) — President Vladimir Putin is using the threat of additional U.S. sanctions to encourage wealthy Russians to repatriate some of their overseas assets, which exceed $1 trillion by one estimate. Putin told lawmakers late Monday that a new capital amnesty
Trump Helped This Coal Stock Rally With a Reported Mine Approval
published Dec 26, 2017, 4:05:16 PM, by Tim Loh (Bloomberg) — A U.S. coal miner that’s seen its shares plunge 93 percent this year and its debt rated as junk just enjoyed the biggest intraday rally in almost 20 years. Call it the Trump bump. The U.S. Interior Department has
Devotional 12/27: Thank You!
Whew! What a year! I am so thankful for so many things from so many people that helped get us through the tough times. Of course, I thank James Riordan for working hard to get us the weekly current events updates. He did a good job of addressing a lot