THE BIRTH of the euro on January 1st 1999 was at once unifying and divisive. It united Europe’s leaders, who hailed a new era of tighter integration, easier trade and faster growth, thinking they were building a currency to rival the dollar. But the euro divided economists, some of whom warned that binding Europe’s disparate…
The number of home buyers turning to their parents for help in affording their houses is on the rise. In its annual report, the Federal Housing Administration (FHA) revealed that more than 26% of people who received an FHA-insured mortgage in the 12-month period ended in September had family assistance. That was roughly the same…
Apple's shock announcement that the holiday quarter turned out worse than expected not only provided investors a warning about uglier-than-expected earnings for the company but also boosts one of President Donald Trump's key arguments in favor of the trade war with China. Despite reports of pain for American businesses and workers, Trump has long said…
SINCE AMERICA’S government partially shut down on December 22nd, roughly 800,000 federal employees have been furloughed or compelled to work without pay. Not since 2013 has a government shutdown lasted this long. None has spanned a shift in partisan control of Congress, as this one has: Republicans held both legislative chambers when Congress adjourned in…
There are 10 new elected senators … Rosen Nev. Sinema Ariz. Smith Minn. Blackburn Tenn. Braun Ind. Cramer N.D. Hawley Mo. Hyde-Smith Miss. Romney Utah Scott Fla. … and 100 new elected representatives … Allred Tex. 32 Axne Iowa 3 Brindisi N.Y. 22 Case Hawaii 1 Casten Ill. 6 Cisneros Calif. 39 Craig Minn. 2…
Krispy Kreme delivered dozens of doughnuts to a Kentucky police station Wednesday afternoon after a viral tweet showed officers mourning the loss of pastries from a car fire earlier this week. The officers of Lexington, Ky. responded to a call on Monday that a Krispy Kreme delivery truck had caught fire. No one was inside…
Apple's surprise pre-announcement on Wednesday, warning investors that quarterly revenue will come in at least $5 billion below expectations, sent shockwaves across the business and investing world. Apple's stock quickly fell 7% in after hours trading. And it appears to have dragged down many of its tech peers with it. Here's how some top tech…
“THE CAPTAIN has arrived,” chanted thousands of Brazilians on January 1st as Jair Bolsonaro ascended the white marble ramp that leads to the Planalto, the presidential palace in Brasília. Freshly inaugurated, the country’s 38th president looked out over the crowd of flag-waving supporters, soldiers on horseback and besuited statesmen and spoke with the fiery tone…
LAUREL, Md. — Thirty-three minutes into the new year, scientists, engineers and well-wishers here at the Johns Hopkins Applied Physics Laboratory celebrated the moment that NASA’s New Horizons spacecraft made its closest approach to a small, icy world nicknamed Ultima Thule. Almost 10 hours later, the New Horizons team finally received confirmation that the spacecraft…
Some national parks have taken a hit amid the U.S. government shutdown: They’ve remained open, though severely understaffed, leading to public health concerns like overflowing toilets. At California’s Yosemite National Park, for example, trash and human waste are piling up, as restrooms are overused with few employees to maintain them. “It’s so heartbreaking. There is…
