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Today's Top Stories - April 29, 2016  

Beware The Bell! U.S. stock index futures pointed to a flat open following hefty losses on Thursday, as traders looked to the release of a host of data More

Europe: European stocks traded lower on Fridayafter declines on Wall Street and the Bank of Japan's (BOJ) decision to stand pat on monetary policy rattled investor sentiment More

Asia: Asia markets were mostly lower on the final trading day of the week, as investors digested major central banks' decisions to stand pat on their monetary policies More

Oil: Oil prices edged to new 2016 highs on Friday,lifted by a weak dollar and falling production in the United States, although a looming rise in Middle East output capped gains More

Gold: Gold hit a seven-week peak on Friday and silver its highest since January last year as the Bank of Japan's decision the previous day to hold off expanding monetary stimulus weighed on stock markets and the dollar More

Buffett: Don't put too much stock in Icahn's 'reckoning' warning The prognostication from Carl Icahn about a market "reckoning" should not be taken as gospel, Warren Buffett tells CNBC More

Amazon posts EPS of $1.07, shares pop 12% Amazon.com blew past quarterly earnings estimates Thursday, as the free-spending e-commerce giant posted its fourth straight profit, boosted by a 28 percent sales increase More 

Jeff Bezos makes another $6B on Amazon earnings Another quarter, another $6 billion-plus for Jeff Bezos. Bezos' wealth — on paper, anyway — surged after Amazon reported March quarter results that easily beat expectations More

Cramer: Don't just listen to Carl Icahn on Apple Jim Cramer watched as the market was roaring strong on Thursday, until about 2 pm Eastern. That's when investor Carl Icahn told CNBC that he sold Apple over concerns of Chinese weakness More

First he slams Apple, now Chinese tech rival moves onto its turf Fresh from denouncing Apple as outdated, Chinese tech billionaire Jia Yueting has taken the fight to Apple's turf, setting up shop in Silicon Valley More

Apple employee died of self-inflicted gunshot wound-police The Apple employee found dead at the company's California headquarters died of a self-inflicted gunshot to the head, police said on Thursday More

As GDP Flatlines, Obama Brags About His Economic Record The same day the 0.5% GDP growth came out, President Obama is quoted in the New York Times saying the country has done “better” than “any large economy on Earth in modern history.” Delusional doesn’t begin to cut it More

Obama regulations take another scalp, Peabody Energy…the largest coal company in the U.S. President Obama’s war on coal continues to take scalps, as Peabody Energy, the nation’s largest coal company, recently filed for bankruptcy. President Obama has made it clear that his regulatory agenda will make it very expensive for companies who continue to utilize coal to power America’s massive infrastructure and economy. If he succeeds, over 125,000 jobs could be lost, along with $650 billion in economic activity over the next ten years. More

US Spends $600 Billion/Year on Education, But Large Majority of H.S. Seniors Not College-Ready Despite the fact that the U.S. spends more than $600 billion per year on public education, a large majority of high school seniors are not ready for college-level work in math and reading, according to the latest results of the 2015 National Assessment of Educational Progress (NAEP), also known as “the nation’s report card” More

ObamAmerica - Home Ownership Rate Falls To Third Lowest On Record: The rate that Americans own their homes fell in the first quarter to the third lowest on record, another indication that worsening finances as well as changing preferences since the Great Recession are altering behavior More

Federal Reserve Leaves Rates at Quarter of a Percentage Point The policy making arm of the Federal Reserve is leaving the federal funds rate at a quarter of a percentage point, unchanged from the rate decided upon at the March meeting, according to the Federal Open Market Committee statement. More

TowneBank reports first quarter earnings of $17.8 million Earnings are up 22.5 percent compared to same quarter in 2015 More


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