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July 19, 2018 - 40 minutes ago

WASHINGTON (AP) — The Latest on the confirmation hearing for Kathy Kraninger (all times local):

10:45 a.m.

President Donald Trump’s nominee to take over the nation’s consumer financial watchdog agency is appearing before the Senate Banking Committee Thursday.

The hearing for Kathy Kraninger is…

July 19, 2018

NEW YORK (AP) — U.S. stocks are falling Thursday morning as weak results from banks and consumer products companies pull major indexes lower. Online retailer eBay plunged after its second-quarter sales fell short of Wall Street projections. Comcast rose after ending its bid to buy most of Twenty-…

Financial Markets Wall Street

July 19, 2018

WASHINGTON (AP) — Kathy Kraninger, President Donald Trump’s nominee to take over the nation’s watchdog for banks, credit cards and payday lenders, made her public debut in front of the Senate Banking Committee on Thursday, where she is facing extremely hostile questioning from Senate Democrats.…

July 19, 2018

CHARLOTTE, N.C. (AP) _ Nucor Corp. (NUE) on Thursday reported second-quarter net income of $683.2 million.

The Charlotte, North Carolina-based company said it had net income of $2.13 per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks…

July 19, 2018

NEW YORK (AP) — The current bull market in stocks is a month or so away from becoming the longest in history. If it happens, then what?

Many along Wall Street expect the rally that began in March 2009 to eclipse the 1990-2000 run that ended with the dot-com crash. But a growing number of experts…

Of Mutual Interest Market Warnings Signs

July 19, 2018

MOUNT AIRY, N.C. (AP) _ Insteel Industries Inc. (IIIN) on Thursday reported fiscal third-quarter net income of $12.9 million.

The Mount Airy, North Carolina-based company said it had profit of 67 cents per share.

The maker of steel wire reinforcing for the concrete and construction industry posted…

July 18, 2018

WASHINGTON (AP) — Lawmakers are losing patience with the Trump administration’s reliance on tariffs to win trade disputes and are talking increasingly about legislative action to protect U.S. jobs.

A senior Republican senator has threatened legislation to curb President Donald Trump’s trade actions,…

July 18, 2018

RALEIGH, N.C. (AP) — Electricity rates will increase slightly for thousands of households in central and western North Carolina even though state regulators rejected Duke Energy’s most recent rate hike request, the company said Wednesday.

The North Carolina Utilities Commission last month rejected…

July 18, 2018

Dow Jones Industrials

High: 25,215.32

Low: 25,101.12

Close: 25,199.29

Change: +79.40

Other Indexes

Standard&Poors 500 Index: 2815.62 +6.07

NYSE Index: 12,823.23 +44.01

Nasdaq Composite Index: 7854.44 —0.68

NYSE Amer Composite: 2718.53 +9.60

Russell 2000 Index: 1691.87 +4.61

Wilshire 5000 TotalMkt:…

July 18, 2018

WASHINGTON (AP) — Having started a trade war with China and enraged U.S. allies with steel tariffs, President Donald Trump is primed for his next fight. He is targeting a product at the heart of the American experience: cars.

Trump’s latest plan is to consider slapping tariffs on imported autos and…

Exchange-Tariffs-Central Texas
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