Money & Politicsrss

Fed May Start Slicing its $4.5 Trillion Balance Sheet by Halloween

Tickers in this article: BNPQY C JPM MS GS DB

The goal of shrinking it now is to reduce the Fed's deep involvement in global financial markets while curbing incentives for companies to load up on cheap debt.

05/26/17 - 06:58 AM EDT

Congressman Gottheimer: There's a 'Good Shot' of Tax Reform in 2017

There is a 'good shot' of tax reform coming in 2017.

05/25/17 - 07:30 AM EDT

Congressman Tom Reed: I'm Worried About the Millions of People Who May Lose Their Health Insurance

Congressman Tom Reed: I'm Worried About the Millions of People Who May Lose Their Health Insurance

Tickers in this article: JCP WMT TGT VFC

Congressman Tom Reed said the Republicans are trying to improve health care in America, not hurt it.

05/25/17 - 07:00 AM EDT

Why Markets Are Shrugging Off Manchester

Why Markets Are Shrugging Off Manchester

Instead of a strong market reaction to headlines, traders are more focused on the price action of the market.

05/23/17 - 09:20 AM EDT

White House 'Taxpayer First' Budget Seeks to Slash $3.6 Trillion in Spending

White House 'Taxpayer First' Budget Seeks to Slash $3.6 Trillion in Spending

The 2018 budget proposal outlines plans to make deep cuts to some programs while upping spending on border security and defense.

05/23/17 - 11:29 AM EDT

If Trump Is Like Nixon, Watch Out for 40% Market Correction

If Trump Is Like Nixon, Watch Out for 40% Market Correction

If Donald Trump's presidency turns out to be like Richard Nixon's, investors have reason to be concerned -- major-market-correction-level concern.

05/21/17 - 11:20 AM EDT

When Clinton Was Impeached, Markets Gained; With Trump, It Might Be Different

When Clinton Was Impeached, Markets Gained; With Trump, It Might Be Different

The lead-up to presidential impeachment is worse for markets than the actual process, at least judging by what happened last time around.

05/21/17 - 11:00 AM EDT

Pence Starts PAC to Fund Travel, Buy Emails as Trump Woes Grow

Pence Starts PAC to Fund Travel, Buy Emails as Trump Woes Grow

Mike Pence is starting an unprecedented and awkwardly timed political action committee.

05/21/17 - 04:37 PM EDT

Jeb Bush to President Trump: Quit Tweeting

Jeb Bush to President Trump: Quit Tweeting

The former Florida governor, who once called Trump "a chaos candidate who would be a chaos president" said "chaos organizes the presidency right now and that has to change."

05/20/17 - 03:20 PM EDT

White House Promises 3% Growth as Economic Uncertainty Surpasses Financial Crisis Levels

White House Promises 3% Growth as Economic Uncertainty Surpasses Financial Crisis Levels

The White House is setting a high bar for growth, even as one indicator evidences a U.S. economy on edge.

05/20/17 - 02:40 PM EDT

Bookmakers Increase Probability of Trump Impeachment in 2017

Bookmakers Increase Probability of Trump Impeachment in 2017

Tickers in this article: PDYPY WIMHY

The bookies' change their odds after the DOJ appointed Robert Mueller to investigate his alleged links with Russia.

05/20/17 - 02:00 PM EDT

Anti-Trump Activists Find an Unlikely Weapon: Jamie Dimon's Salary

Anti-Trump Activists Find an Unlikely Weapon: Jamie Dimon's Salary

Tickers in this article: GE JPM GEO CXW

JPMorgan Chase CEO Jamie Dimon says in his yearly letter to investors that regulations since 2008 have effectively resolved the Lehman Brothers dilemma. But are they impeding growth?

05/20/17 - 12:20 PM EDT

Rev's Forum: Trump Stock Dump Start of a Major Slump or Just Another Bump?

Rev's Forum: Trump Stock Dump Start of a Major Slump or Just Another Bump?

There is no rush to put money to work if it is the former, but you don't have much time to jump in if it is the latter.

05/18/17 - 09:00 AM EDT

If Apple, Facebook and Netflix Keep Diving, the Ugly Trump Stock Market Correction Could Be a Thing

If Apple, Facebook and Netflix Keep Diving, the Ugly Trump Stock Market Correction Could Be a Thing

Tickers in this article: AAPL SHAK NKE UA ADDYY SHLD

Look out below? Watch what the hot stocks are doing.

05/18/17 - 12:40 PM EDT