Quest for food stamp data lands newspaper at Supreme Court

Via AP Business WASHINGTON (AP) — In the summer of 2010, reporters at South Dakota’s Argus Leader newspaper decided to request data about the government’s food assistance program, previously known as food stamps. They thought the information could lead to a series of stories and potentially help them identify fraud in the now $65 billion-a-year program. They sent a stream...

Australian PM pledges $1b SME growth fund – Australian Financial Review

Via FX Street As the Australian Federal election will be held on May 18, Aussie lawmakers are tightening their belts to please the domestic voters. The Australian Financial Review recently came out with a news report claiming that Prime Minister Scott Morrison will today pledge to help create 250,000 new small businesses over the next five years, and will also...

Key Events This Week: “Enough To Keep Investors On Their Toes”

Via Zerohedge Despite a slow start to the week, which sees most European markets closed on Monday, there should still be “enough to keep investors on their toes”, according to Deutsche Bank’s Craig Nicol. First and foremost, earnings season ramps up in the US with over 150 S&P 500 companies reporting including bellwether industrial and tech names in what is...

Japan expects limited impact from U.S. move to scrap Iran oil sanctions waivers

Via Yahoo Finance TOKYO (Reuters) – Japan expects a limited impact from the U.S. decision not to renew waivers it had previously granted on Iran oil import sanctions, trade and industry minister Hiroshige Seko said on Tuesday. The United States on Monday demanded all buyers of Iranian oil stop purchases by May 1 or face sanctions, a move to choke...

The Latest: French protesters demand attention from Macron

Via AP Business PARIS (AP) — The Latest on the yellow vest protests in France (all times local): 9:55 p.m. French yellow vest protesters have set fires along a march through Paris to drive home their message to the government that rebuilding the fire-ravaged Notre Dame Cathedral isn’t the only problem France needs to solve. Like the high-visibility vests the...

Churches Have Become The #1 Target For Hate Attacks: An Average Of 105 Every Single Month

Via Zerohedge Authored by Michael Snyder via The End of The American Dream blog, The bombings in Sri Lanka have once again put a spotlight on the rising tide of violence against Christians all over the world.  According to Open Doors USA, an average of 105 churches and/or Christian buildings are burned or attacked every month.  That is more than three per day,...

Facebook hires State Department lawyer as general counsel

Via Reuters Finance FILE PHOTO: Jennifer Newstead, Legal Advisor, U.S. Department of State, attends a hearing for alleged violations of the 1955 Treaty of Amity between Iran and the U.S., at the International Court in The Hague, Netherlands August 27, 2018. REUTERS/Piroschka van de Wouw (Reuters) – Facebook Inc on Monday named the legal adviser to the U.S. State Department...

Correction: Insider Q&A-AIG’s Kevin Hogan story

Via AP Business In an interview with Kevin Hogan, chief executive of AIG’s Life & Retirement division, published April 21, The Associated Press reported erroneously that Hogan mentioned the demise of defined contribution retirement plans. Hogan actually referred to the demise of defined benefit plans. A corrected version of the story is below: AIG leader talks about longevity and retirement...

AUD/USD continues to rest above 100-day SMA amid mixed signals

Via FX Street Speculations of a halt in China’s stimulus weigh on Aussie while crude strength and greenback weakness support the pair around 100-day SMA. Traders seek fresh catalysts from Australia/China as they return from holidays. AUD/USD trades near 0.7140 during initial Asian sessions on Tuesday. The Aussie pair remained mostly suppressed like other majors due to Easter holidays restricting...

Samsung Cancels ‘Galaxy Fold’ Launch Events, Pushes Back Release Date

Via Zerohedge Update: Apparently, Samsung has taken the complaints of “Galaxy Fold” reviewers to heart. The company has reportedly delayed the planned April 26 launch for the ‘Galaxy Fold’, Dow Jones reports, citing unidentified sources close to the company. Samsung Delays April 26 Release of Galaxy Fold Phone: DJ WSJ reported that the phone is expected to launch in May...

T-Mobile, Sprint lobby regulators to win U.S. approval for tie-up

Via Reuters Finance WASHINGTON (Reuters) – Senior executives at T-Mobile US Inc and Sprint Corp made the case to U.S. officials in Washington last week that they should approve a planned tie-up between the two wireless companies, arguing a combined firm would have incentives to “aggressively lower prices.” FILE PHOTO: A smartphones with Sprint logo are seen in front of...

Pennsylvania eyes retirement-savings plan for its portfolio

Via AP Business HARRISBURG, Pa. (AP) — With Pennsylvania facing a wave of retirees leaving the workforce with no savings, top state officials are working to head off the financial blow. A task force organized by Treasurer Joe Torsella has spurred an effort that now has key state lawmakers writing legislation to create a potentially sweeping retirement savings program that...

GBP/USD bounces off 200-day SMA as Brexit regains market attention after Easter break

Via FX Street Developments surrounding Brexit will gain major attention as the UK lawmakers return to the parliaments after a long Easter recess. Recent news of cross-party talks triggered the pair’s pullback from the important support. The GBP/USD pair is on the bids near 1.2980 during the early Asian session on Tuesday. In spite of Easter recess at the UK...

US Existing Home Sales Slump For 13th Straight Month

Via Zerohedge Following February’s almost unprecedented 11.8% surge in existing home sales, March was expected to see a contraction of 3.8% MoM, but fell more and February was revised weaker. Sales decreased for a fourth time in five months despite lower mortgage rates, sustained wage gains and slower home price appreciation. February’s 11.8% spike was revised slightly lower to 11.2% MoM, but March’s existing...

New Iconic Neymar Poster From Danish Poster Designers Doodlelut.dk

The danish poster design couple doodlelut just launched a new member to their soccer poster range. The legendary brazil born football player Neymar JR who plays for Paris Saint-Germain, is now a launched with a graphic design twist. The danish poster design company is well-known in the nordics for their simple and stringent city graphic designs and humorous kitchen poster...

Samsung delays Galaxy Fold phone launch over screen problems

Via Reuters Finance (Reuters) – Samsung Electronics Co Ltd said on Monday it would delay the retail launch of its Galaxy Fold smartphone for an unspecified period of time after reviewers discovered problems with the display, a hit to the reputation of the world’s largest handset maker. Last week, reviewers started posting problems with the device on Twitter, but as...

Telehealth company sues Indiana for ban on online eye exams

Via AP Business INDIANAPOLIS (AP) — A Chicago-based telehealth company that provides online eye testing is challenging Indiana’s ban on doctors using online vision tests to issue prescriptions for corrective lenses. Visibly, formerly known as Opternative, filed the lawsuit in Marion County, taking issue with the 2016 measure that was signed into law by then-Gov. Mike Pence, the Indianapolis Business...