Financial Industry News
The Dow struggled on a cautious day of trading. The Federal Reserve is expected to hold rates on Wednesday, despite the fact that a damaging round of trade war tariffs could come into effect over the weekend. Apple’s record-setting stock faces a nervous week, as for the first time, Trump’s import duties could affect its […]
Continue ReadingThe Dow struggled to build on last Friday’s monster rally. There’s a crucial tariff deadline approaching. This week’s Federal Reserve policy meeting won’t rescue stocks from Trump. US stocks traded cautiously on Monday, preventing the Dow from building on last Friday’s monster 337-point rally. There’s a Federal Reserve policy meeting coming up this week, but […]
Continue ReadingTrump could be digging in for a longer trade war with China. The December 15 deadline is set to determine the direction of the Dow and the stock market. Imposing another round of tariffs could trigger a market sell-off, per analysts. Dow Jones Industrial Average (DJIA) futures slipped by 28 points in Monday’s pre-market trading […]
Continue ReadingDonald Trump’s most vocal critics are pushing for impeachment because they say he violated the constitution like an unchecked monarch. Leading Democrats say if Trump is not impeached, the constitution and bedrock principles of our democracy will be threatened. But here are three clear cut instances of Obama violating the constitution to expand executive power, […]
Continue Reading#ToiletTrump flooded Twitter with jokes and scorn Saturday after the president took on US toilet policy. Toilets are the latest front in Donald Trump’s push for deregulation in the dirty business of politics. Congress made it a crime to manufacture toilets that use more than 1.6 gallons per flush in 1992. Democrats pushing for impeachment […]
Continue ReadingThe Dow skyrocketed on Friday, rising more than 300 points. The DJIA has virtually erased the 550-point plunge it suffered at the beginning of December. Here are the factors behind today’s massive upswing. Before the stock market opened on Friday, the Dow Jones Industrial Average looked like it would close out the week with a […]
Continue ReadingNancy Pelosi called for articles of impeachment to be drafted against Donald Trump Thursday for an alleged quid pro quo with Ukraine. But what about her quid pro quo with Visa in 2008? Her husband profited from its IPO while Pelosi stalled a consumer credit card bill. Will House Democrats investigate her suspicious dealings for […]
Continue ReadingThe Trump-Ukraine impeachment push is crowding out media coverage of 2020 Democratic candidates. Even as Democrats continue to blame 2016 on “Russian bots” promoting Trump, they’re the ones giving him the lion’s share of publicity. Studies show media coverage correlates tightly with poll results, and confirm that’s how Donald Trump won in 2016. House Democrats […]
Continue ReadingMelania Trump lit up Twitter after an expert witness mocked Barron Trump in Wednesday’s impeachment hearing. Pamela Karlan, a Stanford Law professor, made fun of Barron’s name while testifying against Donald Trump. The First Lady flamed Karlan on Twitter for violating the privacy of a minor child, saying she “should be ashamed.” Conservatives say an […]
Continue ReadingWednesday could be a turning point for the Dow if economic data and rhetoric from Trump are positive. Economic data looks likely to offer investors further confidence in the economy. Trump’s comments are a question mark as he meets with Angela Merkel, with whom he’s had a strained relationship. This week has been a disappointing […]
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