A Reuters/Ipsos national Election Day poll offered some clues to the outcome. It found Clinton underperformed expectations with women, winning their vote by only about 7 percent, similar to Obama when he won re-election in 2012.
“Markets are reacting as though the four horsemen of the apocalypse just rode out of Trump Tower,” said Sean Callow, a foreign exchange analyst in Sydney.
The British pound fell as much as 11 percent against the dollar on Friday for its worst day in modern history, while $2.8 trillion was wiped off the value of world stocks — the biggest daily loss ever.
New York (AFP) — U.S. oil giant ExxonMobil Thursday reported higher second-quarter profits despite pumping less oil and gas than it did a year ago. Exxon, the biggest U.S. oil company and the second-largest U.S. company in terms of market capitalization after Apple, said earnings came in at $8.8 billion, up 28 percent from the […]
By Jim Puzzanghera, Los Angeles Times WASHINGTON — The U.S. economy rebounded strongly in the second quarter after a winter contraction, expanding at a 4 percent annual rate, the Commerce Department said Wednesday. Analysts had projected the nation’s total economic output, or gross domestic product, to expand at a 3.1 percent in the second quarter. […]
By Andrew Khouri, Los Angeles Times New home construction fell sharply in January, as severe weather across much of the country helped freeze development. Housing starts tumbled 16 percent from December to a seasonally adjusted annual rate of 880,000 last month, the Commerce Department said Wednesday. Last month’s level was 2 percent lower than in […]
By Frank Witsil, Detroit Free Press In a 3,200-square-foot home in Milford, Michigan, Chris Dierkes showed off one of AT&T’s latest service offerings: home security and automation. Dierkes demonstrated how to turn down the thermostat using an application on his iPad. “The temperature is set to 72 degrees,” the AT&T sales manager said last week […]