Stock futures are surging after the Fed signaled interest rate cuts may begin as early as July.US Marketsread more
The billionaire investor believes the stock market is in a "zone of fair value" at current levels.Marketsread more
The Federal Reserve may be on its way to delivering a half-point interest rate cut next month, according to Goldman Sachs economists.Economyread more
However, Slack chief Stewart Butterfield says, "The broader world of email will stick around."Technologyread more
Crude oil prices jump on news of the attack, which Iran says happened over its territory.World Politicsread more
Workplace messaging firm Slack is about to go public in a red-hot IPO market, but it's approach to going public--using a "direct listing"--is slightly different than an IPO.Trader Talk with Bob Pisaniread more
The yield on the benchmark 10-year Treasury note fell below 2% for the first time since November 2016 on Wednesday.Bondsread more
National Securities' Art Hogan sees the U.S.-China trade war as the market's biggest risk – not Fed policy.Trading Nationread more
The Philadelphia Federal Reserve's manufacturing gauge tumbled this month, solidifying the Fed's case for easier monetary policy.Economyread more
Declining traffic to Olive Garden, Darden's top restaurant chain, resulted in weaker-than-expected revenue for its fiscal fourth quarter.Restaurantsread more
President Donald Trump has publicly blamed the Federal Reserve's interest rates hikes for holding back U.S. economic growth.The Fedread more
JERUSALEM — You've heard of armored vehicles for world leaders and A-list celebrities. Now President Donald Trump is about to get an armored hotel suite.
A huge security operation has been launched that aims to envelop the president and his 1,000-person entourage during his visit to Jerusalem and Bethlehem next week.
Trump's accommodation during the second stop on his trip will be a bomb-proof, poison gas-proof and bulletproof hotel room built to withstand the collapse of the entire building, according to Sheldon Ritz, operations manager for Jerusalem's King David Hotel.
"The presidential suites have independent air conditioning in
"If the whole hotel blows up the suite will come down in one piece, so maybe a few broken bones, but they will be alive," said Ritz, adding that
In order to prevent explosives-laden cars from ramming the hotel, two buses full of heavy equipment will be placed at the entrance to the main road. Balloons carrying infrared cameras will float above the building while bomb-spotting robots will lurk in sewers beneath it.
Every piece of food for the president will be certified as safe, with a tester overseen by Israeli and U.S. security officials perusing every meal destined for Trump and his family.
The hotel — which has been targeted before, most famously in 1946 when militant Zionists fighting for an independent state bombed the building and killed 91 — is only part of the plan to safeguard the president.
Israel's Operation "Blue Shield" will involve undercover police, special patrols, motorcycle officers, sniffer dogs and helicopters.
More than 10,000 police officers will be tasked with securing his trip throughout Jerusalem, the restive holy city that both Israelis and Palestinians claim as their capital.
"It is a top priority that there is close coordination with the U.S., making sure the visit goes exactly according to plan," said Micky Rosenfeld, a spokesman for the Israeli police.
On Thursday, local media began reporting that a full-blown U.S. airlift had begun. Laden with equipment and dozens of vehicles, around 30 C-17 military planes arrived in Israel.
The sprawling security operation in Israel and the West Bank underscored the longstanding tensions in the region. At the heart of the conflict is the Palestinians' desire for an independent state in the West Bank, Gaza
According to Israeli emergency services, some 48 Israelis have been killed and 608 wounded in attacks by individual Palestinians since August 2015 — the latest bout of violence. During the same period, around 260 Palestinians were killed by Israeli forces and more than 18,000 wounded, according to Palestinian officials.
Coordination between different countries' security agencies will be a major priority given the size and importance of the operation, said Christopher Hagon, managing director of Florida-based security consultancy Incident Management Group.
"The more resources you have, the more someone has to organize them — that would be a really big task," said Hagon, who was a personal protection officer to Britain's Queen Elizabeth II in the 1980s. "People tend to look at this stuff as basic protection that they can see, but what they don't see is that 90 percent is underwater. And it is made more complicated by other agencies wanting this, asking for that."
He added: "I always had concerns that if it was overkill it might jeopardize the operation."
And there certainly will be a lot going on during Trump's visit.
Trump, who professes to have an exceptionally warm relationship with Israel, will also be traveling to the occupied West Bank city of Bethlehem, where Christians believe Christ was born.
His trip will include a visit
Trump has said he is hoping to broker a peace deal between the Palestinians and Israelis, a feat that has eluded world leaders for decades.
The hotel's 233 rooms will be occupied not only by Trump and his family but also the U.S. Secret Service, Army Rangers, Navy SEALs, as well as Israeli security officials, according to Ritz.
He added: "Nothing is taken for