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Is Trump's Push to Cut Foreign Aid a Policy Mistake?

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2:55 p.m. July 16, 2019 - Associated Press
Opponents sue as Trump’s new asylum restrictions go into effect New rule would make it all but impossible for migrants from Central America, Africa, Caribbean to receive asylumHundreds of immigrants showed up at border crossings Tuesday in hopes of getting into the U.S. but faced the likelihood of being turned away under a new Trump administration asylum rule that upends long-standing protections for people fleeing violence and oppression in their homelands.
8:39 a.m. July 15, 2019 - Barrons.com
The Dow Falls Because Every Day Can’t Be a Record The major U.S. stock indexes began slightly lower as earnings season kicked off with Citigroup’s stronger-than-expected report.
4:01 p.m. July 12, 2019 - Barrons.com
Readers’ Views on Pay-to-Play Perils and Interest Rates Readers’ views on interest rates and the perils of pay-to-play arrangements.
7:14 a.m. July 8, 2019 - By Tomi Kilgore
Consumer discretionary ETF rises toward 8th-straight gain despite expectations of EPS declineThe consumer discretionary sector is rose Monday toward a record high, bucking the weakness in the broader stock market, as recent helped offset . The SPDR Consumer Discretionary Select Sector ETF rose 0.1% toward and eighth-straight gain, which would be the longest win streak in eight months, and the third-straight record close. Meanwhile, the S&P 500 fell 0.5%. The consumer discretionary ETF's (XLY) gains come as is about to kick off, with the consumer discretionary sector set to show the first year-over-year decline decline in EPS since the fourth-quarter of 2013, according to FactSet. The XLY's biggest gainers Monday were shares of Under Armour Inc. rose 1.9%, Chipotle Mexican Grill Inc. climbed 1.7% and Advance Auto Parts Inc. advanced 1.7%. The biggest decliners was Royal Caribbean Cruises Ltd.'s stock , which fell 2.1%. The XLY has tacked on 3.3% over the past three months while the S&P 500 has gained 2.8%.
7:08 a.m. July 8, 2019 - By CLAIRE CARPONEN
Second-Home Buyers Increase Value of Homes in CorsicaThe French island is picturesque, historic, and increasingly popular with wealthy tourists and buyers
6:36 a.m. July 8, 2019 - Associated Press
New sex-trafficking charges in New York allege Jeffrey Epstein abused dozens of girls as young as 14Eleven years after letting Jeffrey Epstein off lightly with a once-secret plea deal, the U.S. government is taking another run at putting the wealthy sex offender behind bars with new sex-trafficking charges alleging he abused dozens of underage girls as young as 14.
1:04 p.m. July 7, 2019 - Associated Press
Politically connected financier Jeffrey Epstein reportedly in federal custody in N.Y. over new sex-trafficking charges Federal prosecutors recently filed papers in Florida arguing that the nonprosecution agreement Epstein secured a decade ago from then–Miami U.S. Attorney Alexander Acosta, now a member of the Trump cabinet, must not be undoneWealthy financier and registered sex offender Jeffrey Epstein is due in court following an arrest in New York on new sex-trafficking charges involving allegations that date to the early 2000s, according to law enforcement officials.
7:01 a.m. July 5, 2019 - Associated Press
Billionaire coal tycoon among 7 Americans killed in Bahamas helicopter crash Billionaire Chris Cline was among the Americans killed in the crashBillionaire Chris Cline was among the Americans killed in the crash.
10:46 a.m. July 3, 2019 - By Nicole Lyn Pesce
The island from that infamous Fyre Festival promo starring Bella Hadid just went on sale for $11.8 million The failed festival didn’t actually take place on the private island, which boasts seven beaches The failed festival didn’t actually take place on the private island, which boasts seven beaches.
2:49 a.m. July 2, 2019 - By Sarah Toy
Everything coming to Netflix in July — and what’s leaving “Queer Eye” is back for another season Summer is officially here. And for subscribers looking to while away their vacation time, Netflix is releasing a bevy of blockbuster shows.
2:47 a.m. July 2, 2019 - Associated Press
World Bank unit implicated in Latin America graft scandal The private-sector arm of the World Bank, known as the International Finance Corporation, is supposed to reduce poverty in the developing world by promoting private investmentAn apparent conflict of interest has now dragged the World Bank into the edges of Latin America’s biggest corruption scandal, as revealed in a little-noticed report issued last year by Colombia’s anti-trust agency.
1:01 p.m. July 1, 2019 - By Jeanette Settembre
People are paying to play online games that encourage them to save, and how one person’s excessive drinking can create financial havoc for others Monday's top personal finance stories Monday's top personal finance storiesMonday’s top personal finance stories
11:31 a.m. July 1, 2019 - By Jacob Passy
Airlines offer fee waivers for Dominican Republic flights after 9 tourist deaths Consumers wary about upcoming trips to the Caribbean island should rebook sooner rather than later, experts sayConsumers wary about upcoming trips to the Caribbean island should rebook sooner rather than later, experts say.
8:00 a.m. June 30, 2019 - By MarketWatch
Bargain hunters for stocks, gold and bonds face one simple fact: synchronized rally means nothing is cheapRichly priced assets has left many investors wrestling with some tough questions: what to buy if everything is trading at a premiums?
4:00 p.m. June 28, 2019 - Barrons.com
Carnival Stock Is Headed for Smoother Sailing After hitting the rocks on reduced 2019 financial guidance, stock in cruise-line operator Carnival now looks like a bargain. The shares are cheap and the company has the best balance sheet in the industry.
1:10 p.m. June 27, 2019 - By Meera Jagannathan
Elizabeth Warren, Cory Booker take aim at student-loan company merger and Americans are losing sleep over their finances Thursday’s top personal finance stories Thursday’s top personal finance storiesThursday’s top personal finance stories
5:43 a.m. June 26, 2019 - By June Casagrande
4 beach getaways that make the most of your rewards points and miles High value redemptions that get you where you want to goDreaming of a vacation in Aruba, Hawaii, or Mauritius? Get there with miles.
9:45 a.m. June 24, 2019 - By Catey Hill
What it’s really like to retire on a Caribbean island — on $3,000 a month This Virginia couple retired to the Caribbean island of Bequia and opened an art galleryThis Virginia couple retired to the Caribbean island of Bequia and opened an art gallery.
8:14 a.m. June 24, 2019 - Barrons.com
Carnival Stock Will Stay in the ‘Penalty Box,’ Analyst Says An analyst at Wells Fargo expressed concern about how long it will take the cruise operator to overcome obstacles that left it with downbeat quarterly results last week.
Royal Caribbean stock price target cut to $140 from $145 at Wedbush
4:41 a.m. June 24, 2019
1:20 p.m. June 20, 2019 - By Nicole Lyn Pesce
Dominican Republic health official calls rash of tourist deaths ‘fake news’  FBI is investigating three of the nine American deaths that have occurred there in the past yearThe FBI is investigating three of the nine American deaths that have occurred there in the past year
8:48 a.m. June 20, 2019 - Barrons.com
Carnival Adds a Weaker Outlook to Its List of Problems Carnival stock tumbled after the cruise operator lowered its full-year guidance, overshadowing its second-quarter earnings results.
3:00 a.m. June 20, 2019 - Barrons.com
Royal Caribbean CEO Richard Fain on Big Tech, Big Boats, and a Perfect Day at CocoCay Royal Caribbean CEO Richard Fain, one of our 2019 World’s Best CEOs, discussed his outlook for the company and the cruise industry.
5:00 a.m. June 17, 2019 - By MarketWatch
A ‘shock to markets around the world’ could trigger next financial crisis, says RoubiniThe Federal Reserve is widely expected to strike a dovish chord when it meets this week, clearing the way for a July rate cut — the first in more than a decade — that almost 40% of economists in a WSJ poll are expecting. While a hawkish Fed no longer looms over this aging bull market, Nouriel Roubini, now says the world “has an even bigger problem on its hands.”
6:29 p.m. June 14, 2019 - Barrons.com
BofA’s Brian Moynihan and the Growth Leaders Under his leadership, the big bank has posted record profits and overcome the ugly legacy of its financial crisis-era missteps
1:55 a.m. June 10, 2019 - By Quentin Fottrell
Carnival ordered to pay $20M for dumping plastic and garbage overboard — lawyer says cruise line tried to ‘drown its deceit’ The Miami-based cruise line also admitted sending teams to ships to fix environmental-compliance violations ahead of inspectionsThe Miami-based cruise line also admitted sending teams to ships to fix environmental-compliance violations ahead of inspections.
8:28 a.m. June 7, 2019 - By Jacob Passy
Trump administration bans cruises from traveling to Cuba — leaving passengers high and dry One bright spot: Passengers could see discounts on cruises as a resultOne bright spot: Passengers could see discounts on cruises as a result.
6:13 a.m. June 7, 2019 - By Catey Hill
This is exactly how many days ahead you should buy a plane ticket Plus, 4 major mistakes you’re making when booking airfarePlus, 4 major mistakes you’re making when booking airfare
8:25 a.m. June 6, 2019 - By Nicole Lyn Pesce
Ja Rule says the failed Fyre Festival was ‘an amazing idea’ The rapper and festival co-founder said the event was just ‘organized bad’ The rapper and festival co-founder said the event was just ‘organized bad’
Royal Caribbean stock price target cut to $150 from $152 at Instinet
6:49 a.m. June 6, 2019
5:39 a.m. June 6, 2019 - By Tomi Kilgore
Royal Caribbean earnings to be hurt by U.S. ban on Cuba travelRoyal Caribbean Cruises Ltd. said Thursday it expects the sudden to have an up to 3.5% negative effect on its 2019 profit. The stock edge up 0.1% in morning trade, after falling 2.5% the previous session after the ban was announced. The company estimates the policy change will reduce adjusted earnings per share by 25 cents to 35 cents, compared with the FactSet EPS consensus of $9.87. "While the affected sailings impact only 3 percent of our 2019 capacity, the extremely short notice period for this high yielding destination amplifies the earnings impact," said Chief Financial Officer Jason Liberty. "The result of this policy change has created a short-term impact to our guests, operations and earnings; fortunately, we have many alternative and attractive destinations for our guests to choose from." The stock has gained 1.3% over the past three months, while the S&P 500 has tacked on 2.2%.
4:47 a.m. June 6, 2019 - Barrons.com
Trump Administration Bans Cruises From Traveling to Cuba The U.S. government will no longer allow cruise ships to travel from American ports to Cuba, as part of a new series of travel-related sanctions. The change could affect cruises set to depart this weekend.
11:39 a.m. June 5, 2019 - Barrons.com
Cruise Stocks Fall as Cuba Travel Restrictions Bring Plenty of Uncertainty Royal Caribbean, Carnival, and Norwegian stock were all falling after the White House’s new restrictions on Cuba travel, which seem to effectively ban ships from docking in Cuba ports.
4:40 p.m. June 4, 2019 - Associated Press
Trump administration cuts off U.S. cruises to Cuba under new restrictions Most popular mode of U.S. tourism to communist island barred as part of tighter sanctionsThe Trump administration on Tuesday ended the most popular forms of U.S. travel to Cuba, banning cruise ships and a heavily used category of educational travel in an attempt to cut off cash to the island’s communist government.
1:18 p.m. May 23, 2019 - Associated Press
Senate passes $19 billion disaster relief bill to help to a number of states and Puerto Rico Republicans agreed to toss out President Trump’s $4.5 billion request to address influx of Central American migrants fleeing violence in Guatemala, Honduras and elsewhere to come to the United StatesRepublicans agreed to toss out President Trump’s $4.5 billion request to address influx of Central American migrants fleeing violence in Guatemala, Honduras and elsewhere to come to the United States.
11:08 a.m. May 15, 2019 - Associated Press
Investors worried about climate change take aim at companies from Amazon to Taco Bell It’s not just oil companies that investors are pushing to do better on the environmentIt’s not just oil companies that investors are pushing to do better on the environment
5:46 a.m. May 14, 2019 - By Victor Reklaitis
Buttigieg criticizes Democrats for playing ‘identity politics’ | Rosenstein blasts Comey Op-ed says Trump’s failed China talks are drowning farmers, as MLB hires lobbyist for Cuba guidancePresidential hopeful Pete Buttigieg is getting attention for a speech in which he called out fellow Democrats, while the just-retired Rod Rosenstein is unloading on former FBI Director James Comey.
4:58 a.m. May 10, 2019 - By Ciara Linnane
Buckeye Partners to be acquired by IFM Investors in all-cash deal with enterprise value of $10.3 billionBuckeye Partners L.P. said Friday it has agreed to be acquired by IFM Investors in an all-cash deal with an enterprise value of $10.3 billion and equity value of $6.5 billion. IFM will pay $41.50 per Buckeye unit, equal to a 27.5% premium over Buckeye's closing unit price on May 9, and a 31.9% premium over its volume-weighted average unit price since Nov. 1, the last trading before Buckeye said it was weighing strategic options. Buckeye owns a network of integrated midstream assets, including 6,000 miles of pipeline with over 100 delivery locations and 115 liquid petroleum products terminals with aggregate tank capacity of over 118 million barrels. The company's network of marine terminals is located mostly in the East Coast and Gulf Coast regions and the Caribbean. Buckeye shares jumped 27% on the news, but are down 22% in the last 12 months through Thursday, while the S&P 500 has gained 5.4%.
1:10 a.m. May 10, 2019 - Barrons.com
Marriott Is Set to Report Earnings. Here Is What to Expect. Analysts are looking for earnings per share of $1.34 on revenue of $5.16 billion. Marriott’s bottom line has surprised to the upside every quarter going back to 2014.
9:09 a.m. May 6, 2019 - Barrons.com
Disney’s Streaming Plan Shows It’s on the Right Track, Analyst Says Walt Disney stock has hit record highs since the company revealed its streaming strategy. Disney made strikingly ambitious projections about subscribership and the finances of its streaming services.
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