White House chief of staff John Kelly on Thursday outlined President Trump’s demands on immigration, as Congress debates how to fund the government by Friday and find a compromise for immigrants who were brought to the U.S. as children. Kelly told Fox News’ Bret Baier on Wednesday that he believes […]
FAN Editor
Commentary: Are Trump’s critics crazier than he is?
When MSNBC’s Mika Brzezinski hears that President Trump has passed his cognitive abilities exam with flying colors, she says “the word evil comes to mind.” Which is interesting, because watching the reactions of Trump’s opponents to everything the president says or does, the word “crazy” comes to mind. Could it […]
Unpacking Holiday Results for Major Retailers
Thanks to rising consumer confidence and low unemployment, the 2017 holiday season proved to be generous to brick-and-mortar retailers. In this episode of Industry Focus: Consumer Goods, Vincent Shen and Adam Levine-Weinberg go over early results from some of the biggest players in retail. Continue Reading Below Find out what […]
Apple, Inc.’s $350 Billion Commitment to the U.S. Economy — What You Need to Know
Recent changes to U.S. tax law enable companies to repatriate their foreign cash hoards at a significant discount. While the tax change could be a boon for Apple (NASDAQ: AAPL), given that over $250 billion of its cash is held overseas, the opportunity to repatriate this cash had many investors […]
Digital currency plunge may be healthy for cryptocurrency market
The cryptocurrency market rout may be the beginning of a needed washout that digital currency enthusiasts have been waiting for. “The markets over the last year have certainly appreciated more quickly than the fundamentals have, and this is a shakeout to hopefully draw the financial reality closer to the fundamental […]
Cramer remains confident on most major banks after earnings
CNBC’s Jim Cramer firmly believes that the financial stocks are the most important leadership group in the market, so he wanted to check in with some of its biggest players after earnings. When Cramer told viewers what to look for from the banks’ earnings reports last week, he anticipated the […]
Snow, ice and record cold grip the South; at least 10 dead
Snow, ice and a record-breaking blast of cold closed runways, highways, schools and government offices across the South and sent cars sliding off roads Wednesday in a corner of the country ill-equipped to deal with wintry weather. At least 10 people died, including a baby in a car that plunged […]
Ex-CIA officer eyed as mole behind Chinese crackdown
Last Updated Jan 17, 2018 6:54 PM EST WASHINGTON — A former CIA officer arrested for taking classified information may be the key to a years-old mystery at the spy agency. As early as 2010, officials at CIA headquarters in Langley, Virginia, were concerned about a mole. CIA contacts and informants […]
Fed policymakers see strong U.S. growth, disagree on rate hikes
A help wanted sign is posted on the door of a gas station in Encinitas, California September 6, 2013. REUTERS/Mike Blake January 17, 2018 By Ann Saphir PALM BEACH, Fla. (Reuters) – The U.S. economy should grow at a good clip this year, boosted by tax cuts, two Fed officials […]
Verizon says new U.S. tax law to increase 4th-qtr earnings
FILE PHOTO: The Verizon logo is seen on the side of a truck in New York City, U.S., October 13, 2016. REUTERS/Brendan McDermid/File Photo January 17, 2018 NEW YORK (Reuters) – Verizon Communications Inc said on Wednesday the tax overhaul bill signed into law by U.S. President Donald Trump late […]