Ten Democratic candidates faced off for the first time Wednesday night in Miami, making repeated appeals to the working class and targeting corporations as they jockey for position in the 2020 presidential primary. Some key business issues barely came up during the first Democratic debate. President Donald Trump’s trade war […]
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Watch: Democratic candidates spar over immigration and the economy in the first 2020 debate
Ten Democratic candidates faced off for the first time Wednesday night in Miami as they jockey for position in the race to take on President Donald Trump in 2020. Another 10 candidates will meet Thursday in the first Democratic debate as they look for standout moments to gain ground in […]
FAA says Boeing needs to mitigate a ‘potential risk’ in 737 Max before grounding order can be lifted
American Airlines Group Inc. Boeing Co. 737 Max planes sit parked outside of a maintenance hangar at Tulsa International Airport (TUL) in Tulsa, Oklahoma, U.S., on Tuesday, May 14, 2019. Patrick T. Fallon | Bloomberg | Getty Images The Federal Aviation Administration said on Wednesday that is has found an […]
In a rare occurrence, both stocks and bonds are having a great year
Something unusual is happening in financial markets, and it could mean more gains lie ahead for stocks, if history is any indication. The S&P 500 and long-term bonds are both up more than 5% to start off 2019, marking just the 10th time since 1980 that stocks and bonds kicked […]
Trump’s Meet the Press interview fails to deliver ratings bump for NBC
U.S. President Donald Trump and U.S. Vice President Mike Pence speak with moderator Chuck Todd at the White House for “Meet the Press” in Washington, D.C., Friday, June 21, 2019. William B. Plowman | NBCUniversal President Donald Trump’s guest appearance on NBC’s Meet the Press Sunday failed to draw significantly […]
Bank stocks will soon yield more than the debt of developing countries like Mexico and Brazil
Patrick T. Fallon | Bloomberg | Getty Images Large U.S. banks will soon have a total average cash yield of 10%, more than what the sovereign debt of countries like Mexico and Brazil pays, according to Wells Fargo analyst Mike Mayo. Lenders including J.P. Morgan Chase and Bank of America […]
Senate approves emergency border aid money as Trump faces anger over treatment of migrants
A man feds his daughter, both originally from Honduras, as they relax at the El Calvario Methodist Church which is housing migrants who are seeking asylum, after they were released by the U.S. Immigration and Customs Enforcement on June 3, 2019 in Las Cruces, New Mexico. Joe Raedle | Getty […]
Leaked Wayfair receipt shows 1,600 mattresses and 100 bunk beds destined for detention camp for kids
Wayfair employees participate in a walkout after the company sold more than $200,000 in bedroom furniture to a Texas detention facility for migrant children on June 26, 2019 in Boston, Massachusetts. Scott Eisen | Getty Images Online home goods retailer Wayfair sold roughly 1,600 mattresses and 100 bunk beds to […]
Women and minorities receive less from Social Security. Politicians are looking to change that
When it comes to Social Security benefits, women and minorities tend to receive less money. That means those individuals have a greater chance of retiring into poverty or grappling with financial instability if they become disabled. That also affects their families, who often receive less in dependent or survivor benefits. […]
Bitcoin rallies 15% topping $13,000
Omar Marques | LightRocket | Getty Images Bitcoin rallied above the $13,000 level Wednesday, adding to its double-digit gains this week. The world’s first and largest cryptocurrency soared 15% to a high of $13,485.85 Wednesday afternoon — its highest level since January 2018, according to industry site CoinDesk. The spike […]