Stocks Fall on News Fed Weighed Cutting Stimulus
The Federal Reserve took financial markets for a ride Wednesday, pushing stock prices up in the morning then sending them down in afternoon. Prices surged on congressional testimony by Fed…
Hamodia
Oil Slips as Traders Wait for Fed, Supply Data
The price of oil fell Tuesday as investors waited for the Federal Reserve’s latest views on the U.S. economy. Benchmark crude for June delivery dropped 55 cents to $96.16 a…
Corn Falls After Farmers Catch Up on Planting
The price of corn fell after U.S. farmers planted record amounts of corn last week, easing concerns that earlier planting delays would harm this year’s crop. Corn for July delivery…
Most Major Averages Reach New Highs for the Fourth Straight Week
This is getting to be monotonous, as for the fourth straight week, most of the major averages reached new all-time highs once again, as the Dow Jones Industrial Average, the…
London Terror Attack Leaves 1 Dead
JPMorgan’s Dimon Survives Shareholder Referendum
Jamie Dimon, the CEO and chairman of JPMorgan Chase, easily survived a vote Tuesday that would have called on him to give up his role as chairman of the nation’s…
United Partner SkyWest to Buy $4 Billion of Embraer Jets
United Airlines partner SkyWest Inc. has agreed to buy more than $4 billion of Embraer jets as new pilot contracts at the largest carriers allow commuter operators to fly bigger…
Sprint Boosts Buyout Offer for Clearwire
Sprint Nextel Corp. is offering 14 percent more than before for the stake in wireless data network operator Clearwire Corp. it does not already own, but a large shareholder said…
Priceline Completes $1.8b Deal for Kayak
Priceline.com Inc. said Tuesday that it completed its $1.8 billion acquisition of fellow online travel company Kayak Software Corp. Under the terms of the deal originally announced in November, Norwalk,…
Apple’s Cook Faces Senate Questions on Taxes
The Senate dragged Apple Inc., the world’s most valuable company, into the debate over the U.S. tax code Tuesday, grilling CEO Tim Cook over allegations that its Irish subsidiaries help…
Chamber of Commerce Exec: Gas Exports Good for Israel
U.S. Chamber of Commerce official Myron Brilliant has entered the debate in Israel over natural gas exports, hailing exports as a key to more jobs and a stronger economy, The…
Stronger Dollar, Weaker Shekel
As the dollar has strengthened in international markets, the shekel has correspondingly weakened. The shekel-dollar exchange rate rose 0.13% on Tuesday, compared with Monday’s representative rate, to NIS 3.665/$, and…
Drones Business Booming
France is in talks with the United States and Israel to buy intelligence-gathering drones to build up a modern fleet, Defense Minister Jean-Yves Le Drian said Sunday. It would be…
Kerry Returning to Israel for ‘Peace’ Mirages
On Thursday Secretary of State John Kerry will be visiting Israel, and presumably also the Palestinian Authority, for the fourth time since accompanying President Obama on his visit here in…
Do You Really Want To Win the Lottery?
As word spread that the Powerball lottery had reached a record $590 million, one of my children asked me what I thought about it. “I almost won it,” I revealed.…
The Real Scandal Isn’t Obama’s
Only one month after a Washington Post poll found that 70% of Americans think the GOP is out of touch with “the concerns of most people in the United States…
A Debt of Gratitude
As we go to print, few details have been publicly released about the confrontation involving Ibragim Todashev, a 27-year-old man who turned violent while being questioned in his Orlando townhouse…
Reason Holds Sway With Proposed Immigration Bill
The 867-page immigration bill that was approved Tuesday by the Senate Judiciary Committee is far from perfect. But it goes a long way toward addressing an issue that has for…
Too Little, Too Late
The Palestinians have a not-so-secret weapon that has succeeded brilliantly in overcoming Israel’s military advantage. It’s cheap, easy to use and more mobile than the lightest shoulder-launched rocket. It’s the…