WASHINGTON (Reuters) – President Donald Trump has personally pushed the postmaster general to double the rates the U.S. Postal Service charges Amazon.com and other companies to ship packages, the Washington Post reported on Friday, citing three unnamed sources.
LONDON (Reuters) – Russia’s En+ Group, which manages Oleg Deripaska’s aluminum and hydropower businesses, is likely to ask the U.S. Treasury for more time to reduce Deripaska’s stake, a source close to the company said.
WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV shares fell more than 3 percent in New York trading on Friday amid investor concern about allegations mounted in court filings over alleged excess diesel emissions.
(Reuters) – Wall Street edged lower on Friday, weighed down by bank and chip shares as well as a handful of tepid earnings reports, although losses were capped by gains in industrial stocks on signs of progress in Sino-U.S. trade talks.
CNBC’s Sue Herera reports on the latest developments in the deadly Santa Fe High School shooting in Texas where it is believed 8-10 people were killed. …read more […]
WASHINGTON (Reuters) – The U.S. gun lobby is taking aim at “gun-hating” banks after Citigroup Inc and Bank of America said they would no longer provide certain banking services to gun-makers, according to industry lobbyists.
CNBC’s Sue Herera reports the latest on the fatal school shooting in Sante Fe, Texas. …read more […]
The local sheriff says as many as 10 people may have been killed during a shooting at a high school near Houston, most of them students. Harris County Sherriff Ed Gonzalez Harris County said there “could be 8 to 10 fatalities” from the shooting Friday morning at Santa Fe High School, about 30 miles (48 kilometers) southeast of Houston. Gonzalez says the majority of the dead are students. …read more […]
(Reuters) – Qualcomm Inc’s $44 billion deal to buy Dutch chipmaker NXP Semiconductors NV is looking “more optimistic now”, the Wall Street Journal quoted a Beijing official as saying.
LONDON (Reuters) – BMW is expanding a recall of vehicles in Britain, which it launched last week, by 88,000 cars to a total of 390,000, in the wake of a BBC investigation which found that some vehicles could cut out completely while being driven.
(Reuters) – Wall Street slipped on Friday, weighed down by financials and as Alphabet and Applied Materials led technology stocks lower, although losses were limited as industrial shares gained on signs of progress in Sino-U.S. trade talks.
The stock market is shrinking…
And that fact should change how you invest.
According to Wilshire Associates, which compiles benchmarks for U.S. stock markets, the number of public companies peaked at around 7,500 in 1997.
Last year, that number dropped to about 3,600.
In fact, since 1970, the number of public companies has dropped 52% while the S&P 500 has increased 3,628% (including dividends).
Despite the decrease in the number of publically traded companies, the stock market has moved in one direction… up.
This indicates that fewer and fewer companies are driving the big indexes. And those that do are established names like Amazon, Apple, Exxon …read more […]
SOCHI, Russia (AP) — Russia’s President Vladimir Putin said Friday that gas supplies to Europe via Ukraine may continue even after the launch of a new prospective Germany-bound pipeline under the Baltic Sea. …read more […]
(Reuters) – Campbell Soup Co Chief Executive Officer Denise Morrison unexpectedly stepped down on Friday, at the same time the company said it would embark on a review of its vast array of brands and issued a bleak forecast for the year.
ExxonMobil, American Tower, and AT&T should top your list of dividend stocks you can set and forget. …read more […]
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