Stock futures are surging after the Fed signaled interest rate cuts may begin as early as July.US Marketsread more
A surface-to-air missile shot down a U.S. military drone over the Strait of Hormuz, a U.S. official said Thursday.World Politicsread more
President Donald Trump has publicly blamed the Federal Reserve's interest rates hikes for holding back U.S. economic growth.The Fedread more
Slack's public market debut on Thursday will generate billions for venture firm Accel and healthy returns for Andreessen Horowitz and Social CapitalTechnologyread more
While the Federal Reserve still sees no rate cut in 2019, traders are convicted a rate reduction is coming as soon as July.Marketsread more
Goldman Sachs lowered its price target on Tesla over concerns about demand.Marketsread more
Beyond Meat has blown up. The plant-based meat company is now larger than 80 S&P 500 companies, including Macy's, Xerox and Mylan.Trading Nationread more
China's President Xi Jinping arrived in Pyongyang on Thursday morning for a state visit to North Korea — the first by a Chinese state leader in 14 years. Experts say the move...Asia Politicsread more
Gold prices spiked in the afternoon of Asian trading hours on Thursday after a dovish U.S Federal Reserve opened the door to further rate cuts, and the 10-year Treasury yield...Metalsread more
In an area responsible for the shipment of one-third of the world's seaborne oil, just how high could military confrontation — or indeed, an outright war — send the price of...Oilread more
Waymo has signed a deal with Renault and Nissan to develop self-driving cars and trucks for use in France, Japan and possibly other countries in Asia, including China, the...Autosread more
I know, I know. The news today that there's yet another stadium proposal for Southern California sounds a lot like deja vu. We seem to hear almost weekly about these kinds of plans for the general L.A. area to lure an NFL team.
But this one is different. Not because of the stadium plan itself, but because it involves not one but two teams showing interest in getting pro football back to the Los Angeles TV market. The Oakland Raiders and the San Diego Chargers are both reportedly looking to share the stadium and the costs to build it.
For years, we've been told the NFL would rather do without a team in the market, where the Rams and the Raiders failed to gain the kind of fan bases they craved. But when someone says "the NFL," what they're really talking about is the owners. And now we know that two owners are excited enough about L.A. to even be willing to share the territory. Make that three if the St. Louis Rams remain interested in returning after today's news.
Sure, this may turn out to be another case of nothing when it comes to actually building a new stadium. But at least we know the NFL's interest in the Socal market is rising.