Money

How much does Donald Trump dominate TV news coverage? This much

The Republican presidential candidate gave a speech this week at that party’s Jewish Coalition. Donald Trump’s Republican campaign for president has received more nightly news attention than all the Democratic campaigns combined, according to a new data analysis. Trump is “by far the most newsworthy storyline of Campaign 2016, accounting alone for more than a quarter of all coverage” on NBC, CBS and ABC’s evening newscasts, Andrew Tyndall said. Tyndall, the publisher of The Tyndall Report, meticulously tracks nightly news content. Between January and November, according to his data, Trump’s ...

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Fake hedge fund manager convicted for stealing over $800,000

Another “Wolf” of Wall Street falls. A New York City man claiming to be an experienced hedge fund manager was convicted Friday for stealing over $ 800,000 from at least 17 investors, according to a statement from New York Attorney General Eric Schneiderman. Moazzam Ifzal Malik, 33, was convicted of 28 criminal charges related to his creation of several fake hedge funds that he used to siphon money from investors for personal use. His latest in a string of fraudulent companies was “Wolf Hedge LLC,” according to Schneiderman’s statement. Malik ...

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12 million jobs added since the recession

The U.S. economy looks healthy again. Many say it’s time — even past time — that America’s central bank stop the extreme life support measures that have been in place since the financial crisis. America has added 12 million jobs since the recession ended in June 2009. Unemployment has fallen from a peak of 10% down to 5%, and even wages are finally starting to go up. The latest economic check up on Friday showed that hiring remained strong through November. Yet America’s central bank still looks like it’s in ...

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'End the gun epidemic' – New York Times front page editorial

In its first front-page editorial in nearly 100 years, The New York Times is calling for a drastic reduction in the availability of guns in America. “Certain kinds of weapons, like the slightly modified combat rifles used in California, and certain kinds of ammunition, must be outlawed for civilian ownership,” the editorial board of The Times says. “It is possible to define those guns in a clear and effective way and, yes, it would require Americans who own those kinds of weapons to give them up for the good of ...

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Donald Trump 'too thin skinned,' Univision says in court papers

Donald Trump was called “too thin skinned” in a court filing by Univision. Univision, the largest Spanish-language broadcasting company in the United States, filed a motion on Friday to dismiss Donald Trump’s $ 500 million lawsuit against the company. In a strongly worded filing in a New York court, Univision called Trump’s defamation claim “beyond frivolous” and said the Republican presidential frontrunner is “too ‘thin-skinned’ to endure the kind of lampooning that has typified presidential campaigns since the founding of the Republic.” Trump filed the lawsuit this summer after Univision ...

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3 big banks suffer credit and debit card problems

Three big banks suffered technical glitches Friday that prevented customers from using their debit and credit cards. PNC Bank and SunTrust (STI) reported issues that affected some debit and credit card transactions, and some Wells Fargo (WFC) customers weren’t able to use their credit cards or access their online account. SunTrust and PNC said service has been restored. PNC said its problem stemmed from a service vendor technical issue that also prevented access to online and mobile banking. A PNC spokesperson said the problems started around 6 a.m. ET and ...

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News crews swarm San Bernardino suspects' apartment

Media swarms San Bernardino shooters’ home In an unusual piece of live television, news crews swarmed into the home of the alleged attackers in the San Bernardino shooting. Anchors and law enforcement veterans were clearly taken aback during their on-air comments as they watched reporters crammed into the house, picking up documents, squeezing into closets, and filming identity documents. CNN anchor Anderson Cooper called the scene “bizarre.” And law enforcement analyst Harry Houck told CNN, “I’m having chills down my spine” while watching the crush of press inside the apartment. ...

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SABMiller's Australian brewer recalls 1 million beers

An Australian beer company owned by SABMiller is recalling more than one million bottles of beer that could contain broken glass. The recall affects Carlton Dry 355mL bottles with expiration dates of July 19 and 20, 2016. The beers, produced in October by Carlton & United Breweries in Queensland, are also marked with a “3” on the cartons, or a “3A” or “3B” on bottles. “This sort of thing is rare but we take the quality of our beers seriously,” the company said in a statement. Carlton and United sells ...

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Virgin Galactic 747 will launch rockets into space

NTSB: Human error caused Virgin Galactic crash Virgiin Galactic is using an old 747 to launch rockets into space. The plane, dubbed “Cosmic Girl,” was formerly used by sister company Virgin Atlantic to fly passengers from Europe to the United States. In its second life, it will launch unmanned rockets carrying small satellites into earth orbit. Cosmic Girl will carry the satellite and the small rocket, dubbed LauncherOne, under its left wing. After reaching its top altitude, the rocket will detach and fall away from the plane. The rocket’s engine ...

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Stocks: 4 things to know before the open

OPEC to decide on future of oil market There’s a mixed-up mood in the markets this morning and how the week closes out may well depend on the U.S. jobs report. U.S. stock futures are pointing up but most global stock markets are in the red. Here are the four things you need to know before the opening bell rings in New York: 1. Jobs report: The U.S. government is releasing its all-important November jobs report at 8:30 a.m. ET. Economists surveyed by CNNMoney expect that the economy created 192,000 ...

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