Today's Top Stories - April 20, 2015  

 

BEWARE THE BELL! U.S. stock index futures rallied on Monday, with Dow futures up over 100 points, after China's central bank cut the amount of money that banks must hold as reserves More

EUROPE: European markets were higher Monday, after China's central bank cut the amount of money that banks must hold as reserves More

ASIA: Asian stocks finished in negative territory on Monday even as China's central bank lowered the reserve requirement ratio (RRR) for all banks by 100 basis points over the weekend More

OIL: Oil prices eased from early highs to under $64 a barrel on Monday after Saudi Arabian Oil said production in the world's biggest crude exporter would stay near record peaks around 10 million barrels per day (bpd) in April More

Fed could be to blame for oil's decline: Analyst The dramatic 10-month drop in the price of oil could be due to ultra-loose monetary policy by the U.S. Federal Reserve, according to a senior analyst at a major financial services company More

For crude oil, this looks like 2009 all over again To one market technician, crude oil is trading like it's 2009 all over again. And that could be very good news for the oil bulls More

GOLD: Gold was flat around $1,200 an ounce on Monday as the dollar steadied, while traders were assessing risks that Greece's may default and China's new policy measures to shore up the world's second-largest economy More

Massive Federal Government = Massive Waste? Needless to say, as long as we have a massive federal government, a great deal of waste will exist. The Oversight and Government Reform Committee should be commended for repeatedly shining a spotlight on this problem (Go to the Link in the Story to Read the GAO’s 2015 Annual Report On Government Fragmentation, Overlap and Duplication More

Here’s how one Democrat Whackjob Rep. McDermott thinks people succeed in America: ‘Luck and, whatever, hard work’ More

Comcast, Time Warner to Meet With Justice Dept. Over Merger … Representatives of Comcast Corpand Time Warner Cable Inc are preparing to meet U.S. Department of Justice officials to discuss competition concerns raised by the planned $45 billion merger of the two cable giants, the Wall Street Journal reported on Saturday More

Obama's Incredible Shrinking Deficit Is No More … Shortfall rises for 1st half 2015 FY - Give them time, the Obama Bunch just has to figure out some new way to juggle the numbers More

Mother Jones Proves To Us, Once And For All, That The Minimum Wage Destroys Jobs More

California Proposes Restrictions to Ease Record Drought California issued proposed rules calling for mandatory reductions in water use by municipal agencies as a historic drought drags into a fourth year.The state's 411 urban water suppliers would have to cut use by as much as 36 percent More

Ben Affleck Had PBS Delete Information on Slave-Holding Ancestor … Ben Affleck demanded that the PBS show Finding Your Roots edit out that one of his ancestors owned slaves, according to one of the thousands of emails the WikiLeaks site put online this past week More

Report: Abuse Cases Cost Catholic Church $150 Million in 2013-14 The Catholic Church in the US forked out $120 million to victims of sexual abuse at the hands of clergy and $30 million on pedophile prevention programs over 12 months, according to an annual report out Friday More

Russia has bigger concerns than oil, ruble: Deputy PM Faced with the triple whammy of plunging oil prices, currency volatility and Western sanctions, there's no dearth of challenges for Russia's ailing economy, but Deputy Prime Minister Arkady Dvorkovich said what hurts most is the scarcity of financing for new investments More

Why Americans Don’t Want to Soak the Rich With rising income inequality in the United States, you might expect more and more people to conclude that it’s time to soak the rich. Here’s a puzzle, though: Over the last several decades, close to the opposite has happened More

In the Left’s Orwellian World, Taxpayers Who Get to Keep their Income Are Getting “Handouts” More


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