Exclusive: New Jersey paid $720 million to exit all swaps under Christie


© Reuters. New Jersey Governor and Republican candidate for president Chris Christie speaks at an education summit in Londonderry By Hilary Russ NEW YORK (Reuters) – New Jersey has terminated all of its interest rate swap agreements under Governor Chris Christie, paying banks $720 million to unravel $4.2 billion of swaps and wiping from its books a potentially big, unpredictable ...

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Court blocks former Virginia governor’s bid to stay out of prison


© Reuters. Former Virginia Governor Robert McDonnell pauses as he addresses the media after his sentencing hearing in Richmond By Gary Robertson RICHMOND, Va. (Reuters) – A U.S. appeals court on Thursday denied a request by former Virginia Governor Robert McDonnell to remain out of prison while he appeals his corruption convictions to the Supreme Court. McDonnell, once a rising ...

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Republican Jeb Bush says does not regret using term ‘anchor babies’


© Reuters. Former Florida Governor and Republican candidate for president Jeb Bush greets supporters at a VFW town hall event in Merrimack (Reuters) – Republican presidential candidate Jeb Bush said on Thursday he did not regret using the term “anchor babies” in a recent interview to describe children born in the United States to parents who are not citizens. “You ...

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Oklahoma senator pleads guilty to embezzling nearly $2 million


Oklahoma senator pleads guilty to embezzling nearly $2 million By Heide Brandes OKLAHOMA CITY (Reuters) – An Oklahoma state senator pleaded guilty on Thursday to charges of using his senior position with the Better Business Bureau of Tulsa to embezzle nearly $2 million from the organization, court officials said. Rick Brinkley, a Republican, was charged with five counts of fraud ...

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Clinton pledges to expand public-service program, tuition assistance


© Reuters. Democratic presidential candidate Hillary Clinton speaks during a town hall meeting in Las Vegas, Nevada By Amanda Becker WASHINGTON (Reuters) – Democratic presidential candidate Hillary Clinton would more than triple enrollment in the public-service program AmeriCorps to 250,000 and offer participants increased college aid as part of her plan to make higher education more affordable, her campaign said ...

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Rubio: overhaul of US tax code would benefit cities like Detroit


© Reuters. Republican presidential candidate and U.S. Senator of Florida Marco Rubio walks with an umbrella at the Iowa State Fair in Des Moines By Ben Klayman DETROIT (Reuters) – Republican presidential candidate Marco Rubio said on Thursday his plan to overhaul the U.S. tax code would help revitalize struggling manufacturing centers like Detroit, allowing companies to raise wages and ...

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Carsten Ringler Makes the Basket Case for Gold Equities


TICKERS: AOH, EDR; EXK; EJD, HUM, ICG; ICGQF, KDX; KLNDF, MLX, NGN, PVG, TGZ, TMM; TGD Carsten Ringler, analyst and founder of Ringler Consulting and Research in Germany, strongly believes that precious metals prices will move sharply higher over the next few years and discusses some ratios that point that way. He suggests dedicating a portion of your investment portfolio ...

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