Business

S&P 500, Dow end at records on earnings optimism; oil gains

The U.S. stock market passed another milestone Tuesday as the Dow Jones industrial average closed at a record high. The S&P has soared 17.7 percent since reaching a low of the year of 1,829 on February 11. While he has released few details, investors are betting he'll keep flooding the markets with money by expanding bond purchases using newly printed money in a program known as quantitative easing.

Business

US asks for legal basis to Turkish extradition request

On Monday afternoon, a spokesman for German Chancellor Angela Merkel raised the stakes, telling reporters in Berlin that negotiations for Turkey to join the European Union would cease if the Turkish government revives the death penalty following the coup attempt.

Business

Clinton: Trump the 'most dangerous' man ever to run for president

Libyan Ambassador J. Christopher Stevens during Clinton's tenure as secretary of state. Cleveland: Donald Trump is unfit to become the USA president as he "demeans" women, plays coy with "white supremacists" and is a "threat" to American democracy, Democratic presidential nominee Hillary Clinton has alleged.

Business

JPMorgan Posts 'Big Revenue Surprise' in Q2

Gross investment banking revenue was $595 million. The company said its lowest wage in the USA will increase to $12 an hour in February - an 18% increase. "The success can last for a quarter or a two, but I think it's still going to be a very hard year", Charles Peabody, an analyst at Portales Partners LLC, said in an interview on Bloomberg Television when asked about JPMorgan's results.

Business

Dump Trump? MI GOP delegates divided heading into convention

Even though Trump won more than 13 million votes and captured around 40 primaries and caucuses, his foes say he's not conservative enough and is likely to lose and drag down GOP congressional candidates with him. A delegate's loyalties must be to his or her country, family, party, and most importantly, God-given principles. The RNC will need 1237 delegates to quash an uprising, and reportedly, they have only around 850 fully committed to Trump .

Business

Two more suspects detained following attack in Nice

At least two of the three people detained Sunday are suspected of helping Bouhlel obtain the pistol found in the truck. Paris prosecutor Francois Molins said there was no evidence of Bouhlel's allegiance to IS but that a search of his computer "showed a clear, recent interest for the radical jihadist movement".