The Children’s Health Insurance Program is enduring an unprecedented crisis: More than 100 days ago, funding for a program that covers 9 million kids technically expired. Republicans in Congress haven’t rushed to extend it long-term — not until they could get something in return. CHIP is ostensibly among the most […]
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Trump administration takes new steps in anti-abortion fight
Trump administration health officials Friday announced a new measure to protect health-care workers who refuse to perform abortions and other medical procedures because of religious and moral objections. At the same time, the administration said it was rescinding a formal warning issued by the Obama administration in 2016 to all […]
GOP Sen. Portman to Democrats: Shutting down the government doesn’t end well
GOP Sen. Rob Portman reminded Democrats on Friday that government shutdowns historically don’t end well. With the midnight Friday deadline looming, many Senate Democrats are against a short-term spending bill that’s needed to keep the government funded through Feb. 16. Democrats want the bill to include protections for so-called dreamers […]
Only 61 percent of men believe a wage gap exists, new study finds
It was reported on Thursday by the Hollywood Reporter that Michelle Williams, who was nominated for a Golden Globe for “All the money in the world,” was paid $625,000 for her work on her the film, while her costar Mark Wahlberg made $5 million for a similar amount of screen […]
Here’s why Jeff Bezos still drove a Honda long after he was a billionaire
Amazon founder Jeff Bezos has a staggering fortune: He’s the richest man in the world, worth about $108 billion, according to Forbes. And he’s been busy. Just in the last year, Amazon acquired Whole Foods, began allowing Amazon Prime members to watch its movies and TV shows on Apple TV, […]
Gaming giant Nvidia, after 113% gain, could surge another 23%, BofA analyst says
Nvidia shares will surge again this year due to a strong upgrade cycle in its gaming graphics chip business, according to one Wall Street firm. Bank of America Merrill Lynch raised its price target for the chipmaker to the highest among the firms covering Nvidia, citing the company’s product leadership […]
Government shutdown threats aren’t new — but this standoff is far different
Twice under President Barack Obama, Republican lawmakers precipitated acute crises of governance. Now, as Donald Trump’s Washington nears a government shutdown, Republicans accuse Democrats of doing the same thing. The 2011 debt crisis and 2013 government shutdown bear a surface similarity to the current impasse. In the first two, a […]
Stocks making the biggest moves premarket: IBM, AXP, ACOR, LOW, FL, NKE & more
Check out which companies are making headlines before the bell: IBM – IBM broke a long string of revenue declines, chalking up its first gain in 23 quarters. It reported adjusted quarterly profit of $5.18 per share, beating estimates by a penny a share, but the company did warn that […]
Trump’s approval rating is the lowest for any president one year into his term, NBC/WSJ poll says
President Donald Trump scored a 39 percent approval rating in the new NBC/Wall Street Journal poll – the lowest approval rating in the survey’s history for any modern president after his first year in office. The poll was conducted Jan. 13 to 17, after the uproar began over Trump’s vulgar […]
Rising hedge fund stars are crushing the market, taking crown away from Einhorn, Ackman
The torch is passed as the old hedge fund guard is losing its touch in the current market. A new generation of under-the-radar hedge fund stars are soundly outperforming more experienced, better-known managers such as David Einhorn and Bill Ackman. The common thread among some of the best hedge fund […]