Business

Mnuchin: Zero Cuts To Entitlements In New Budget

Welfare benefits that could be targeted include food stamps, housing assistance and the Earned Income Tax Credit. "So don't expect to see that as part of this budget". Social Security and Medicare are the federal government's' biggest expenditures, and the trust funds behind entitlement payments are projected to expire in less than two decades.

Business

Oil ticks up on supply cuts, rising USA output caps gains

Crude oil prices closed lower in futures market on Friday. Oil pricing has responded favorably with the USA benchmark for oil priced at over $54 a barrel. Over the past two weeks the USA implied shale oil rig count went up by 15. Oil prices are likely to increase in the first half of this year in the wake of strong production compliance from OPEC and non-OPEC producers, but USA production could create a strong threat for the prices in the second half of this year.

Business

United adding daily non-stop from Reno to Chicago O'Hare

Officials say the 40-minute flights, besides offering connections to far-flung destinations, are a way to avoid the hassle and expense of driving to San Francisco and parking at the airport there. The Reno outbound flights will depart locally at 11:20 p.m., arriving in Chicago at 5 a.m. "United Airlines is proud to offer three daily flights between Santa Rosa and our San Francisco hub to connect people to the places and moments that matter most", said Anthony Toth, United's managing director ...

Business

You can't threaten women with rape: Student Kaur

The Delhi Commission for Women on Monday sought immediate arrest of those who made rape and death threats to Lady Shri Ram College student Gurmehar Kaur online, ANI reported. "Everybody has freedom but that does not mean that you raise slogans to weaken the country?" It has been retweeted more than 20,000 times and received 33,000 "likes" since then, with many, including Bollywood actor Randeep Hooda praising the tweet.

Business

Investments boost profit at Buffett's Berkshire

Buffett puts Berkshire in that category, using the letter to tout the successes of many of his Omaha, Nebraska-based conglomerate's more than 90 operating units. "Of course, 1,000 monkeys would be just as likely to produce a seemingly all-wise prophet". The firm that took the other side of that bet, Protégé Partners, chose five funds of hedge funds.

Business

25% of all overdoses are from heroin — CDC

Overdose deaths involving fentanyl and tramadol also increased , according to data from 2015 which is the latest year available. The drug overdose death rate increased by about 10 percent per year from 1999 to 2006, and then continued to increase but at a slower rate, rising 3 percent per year from 2006 to 2013.