Hurricane Michael struck the same area of the Florida Panhandle a year ago; many residents and businesses there are still struggling to get back on their feet.
"If you look at a preferred share that's paying 5 or 6 percent yield, in a sideways, volatile market, that's actually a very attractive return," Jacobs said. Amid the uncertainty, Jacobs said that he sees growth in fintech, robotics and artificial intelligence.
Earnings season kicks into high gear in the coming week. McDonald's is likely to post an increase in third-quarter profits and sales. Investors will also be looking for word on how McDonald's hopes to capitalize on two recent trends - the chicken sandwich craze and the demand for
SHOWS: NEW YORK, NEW YORK, UNITED STATES. (OCTOBER 17, 2019)(TIME 100 HEALTH SUMMIT- Broadcasters and Digital: NO ARCHIVE USE/NO RESALES) 1.(SOUNDBITE)(English) NBA COMMISSIONER ADAM SILVER SAYING: "We've been on air with CCTV in China for over 30 years and last
Tens of thousands of angry protesters blocked roads and burned tyres across Lebanon for a second day on Friday, demanding the demise of a political elite they say looted the economy to the point of breakdown. The nationwide protests, Lebanon's biggest in years, brought ordinary people
(SOUNDBITE) (English) ACTING WHITE HOUSE CHIEF OF STAFF MICK MULVANEY, SAYING: "Get over it. There's going to be political influence in foreign policy." The White House doing damage control, after an apparent admission from acting White House chief of staff Mick
SHOWS: MANCHESTER, ENGLAND, UNITED KINGDOM (OCTOBER 18, 2019) (MUTV - MUST COURTESY "MUTV". DO NOT OBSCURE LOGO. NO RESALES) 1. (SOUNDBITE) (English) MANCHESTER UNITED MANAGER OLE GUNNAR SOLSKJAER, SAYING: "I'm just working as planned - business
Renault shares dropped as much as 15 percent Friday (October 18). That after a warning on profits late the previous day. The French carmaker says sales are now likely to drop three or four percent this year. The company picked out Argentina and Turkey as particular
This U.S. plant operated by Century Aluminum on the Kentucky side of the Ohio River is a relative success story in an industry still reeling from global competition, thanks to a move by the Trump administration which slapped a 10 percent tariff on all foreign aluminum, after intense lobbying in Washington
He's the spokesman for China's National Statistics Bureau. Dry as it sounds, that gives Mao Shengyong the power to rattle global markets: (SOUNDBITE) (Mandarin) CHINA'S NATIONAL STATISTICS BUREAU'S SPOKESMAN, MAO SHENGYONG, SAYING: "Looking
The son of former Vice President Joe Biden says they never spoke about his role in Ukraine and discussed being on the receiving end of Trump’s taunts and not attending his father’s campaign events.
U.S. President Donald Trump on Thursday (October 17) lashed out at Democratic opponents for pushing an impeachment inquiry. "Crazy Nancy. That crazy Nancy. She is crazy," he said at a packed campaign rally in downtown Dallas, referring to speaker of the House of Representatives
Fiery clashes erupted in Lebanon as thousands took the streets in anger over a dire economy. It's one of the biggest protests the country has felt in years. (SOUNDBITE) (Arabic) UNIDENTIFIED PROTESTER SAYING: "We are all poor and we are asking for jobs
(SOUNDBITE)(ENGLISH) FACEBOOK CEO, MARK ZUCKERBERG, SAYING: “I believe that when it is not absolutely clear what to do, then we should err on the side of greater expression." Speaking at Georgetown University Thursday, Facebook CEO and founder Mark Zuckerberg defended
Chicago Mayor Lori Lightfoot says a teacher strike could be settled "today" if the Chicago Teachers Union would negotiate with a seriousness and "sense of urgency." (Oct. 17)
A family business of West Virginia’s billionaire governor has maxed out a taxpayer-funded subsidy program meant to help farmers through the U.S. trade war with China. (Oct. 17)
Stocks on Wall Street ended their day higher Thursday fueled by solid earnings from a string of companies, as well as a preliminary Brexit deal. The Dow ended the day up 50 points, while the S&P 500 ended its day up three-tenths of a percent.
In the middle of an escalating impeachment probe, the White House on Thursday announced that the next G7 Summit of world leaders will take place at the president's own property - the Trump National Doral golf resort near Miami, Florida. Acting White House Chief of Staff
Trump and administration officials had denied for weeks that it had demanded a "quid pro quo" - a Latin phrase meaning a favor for a favor - for delivering the U.S. aid, a key part of a controversy that has triggered an impeachment inquiry in the House of Representatives against the Republican
Mulvaney said Trump would not profit from use of the property and defended the decision, which comes as the president faces ongoing criticism and congressional investigations over his finances and potential conflicts-of-interest. Mulvaney told reporters the summit would take place at Doral
Chicago public school teachers say they're walking the picket lines to get more resources for students and smaller class sizes, not more money in their pockets. teachers. They went on strike Thursday after failing to reach a contract deal. (Oct. 17)
Republican Senator Lindsey Graham talked to reporters on Thursday about a new bill to sanction Turkey for invading northern Syria and threatening America's Kurdish allies who were at the forefront of fighting ISIS. Graham said the bill would include sanctions against top Turkish officials
It was good while it lasted. Thursday's (October 17) EU/UK agreement in Brussels rallied sterling a full per cent. And shares to a year-and-a half peak - as investors reversed out of safe-havens, including bonds: yields surged as bunds, gilts and others sold off.
Tesla on Thursday got the green light to start manufacturing in China, giving the electric carmaker access to the world's biggest car market. The company was added to a government list of approved auto manufacturers, making it the first fully foreign-owned car plant in China and reflecting
UK prime minister Boris Johnson clinched a last-minute Brexit divorce deal on Thursday (October 17). One he - and European Commission chief Jean-Claude Juncker - claim works for Northern Ireland and the Republic of Ireland's border issue. (SOUNDBITE) (English) EUROPEAN