The Federal Reserve’s extraordinary policy moves over the last 12 years have marched arm-in-arm with the biggest bull market in Wall Street history. But the central bank’s economists say the two really have little in common. As part of the ongoing discussion Fed officials are having about the effectiveness of past policy and the proper […]
Tag: Breaking News: Politics
Rate cut expectations will fade as coronavirus fear eases
Markets expecting an interest rate cut are reacting to the coronavirus scare and likely will reverse once the fear starts to fade, St. Louis Fed President James Bullard said Friday. Central bank officials have indicated that they are content to keep policy on hold as they watch economic developments play out. However, traders in the […]
Trump friend Roger Stone sentenced to prison for WikiLeaks lies
A federal judge sentenced President Donald Trump’s friend, longtime Republican operative Roger Stone, on Thursday to more than three years in prison for lying to Congress and tampering with a witness in an effort to protect Trump. “He was not prosecuted, as some have complained, for standing up for the president, he was prosecuted for […]
2020 Democratic debate recap: Highlights from Nevada
Just three days before the crucial Nevada caucuses, Democratic candidates took the stage in a contentious debate, firing off rounds of attacks on newcomer Mike Bloomberg. Former Vice President Joe Biden, Sen. Bernie Sanders of Vermont, Sen. Elizabeth Warren of Massachusetts and Sen. Amy Klobuchar of Minnesota, former South Bend Mayor Pete Buttigieg and former […]
Bloomberg qualifies for next Democratic debate
Former New York City mayor and 2020 Democratic presidential candidate Mike Bloomberg speaks at a rally on January 15, 2020 in New York City. Scott Heins | Getty Images Former New York City Mayor Mike Bloomberg on Tuesday qualified for his first appearance in a Democratic presidential primary debate. The billionaire media mogul received 19 […]
Bloomberg builds ‘army’ of executives to act as campaign surrogates
Dozens of elite business leaders have joined Mike Bloomberg’s “army” of surrogates in a bid to help him win the Democratic presidential nomination. The leaders have signed onto a group called the Committee for Mike, whose organizers call on participants to publicly endorse Bloomberg’s campaign, push their networks to vote for him, appear at events […]
William Barr criticizes Trump tweets about Roger Stone
Attorney General William Barr, in a stunning rebuke to his boss, said Thursday that President Donald Trump should stop tweeting about the Justice Department, complaining that the president’s comments “make it impossible for me to do my job.” The remarks in an ABC News interview followed days of sharp criticism of Barr, Trump and the DOJ […]
US deficit swells 25% in fiscal 2020, $1.1 trillion over past year
People walk past the Capitol Dome ahead of an expected vote in the impeachment trial of U.S. President Donald Trump on Capitol Hill in Washington, February 5, 2020. Joshua Roberts | Reuters The sea of red ink is getting deeper and deeper in Washington, with the federal government already racking up a budget deficit that […]
Judge rejects new trial for Roger Stone as Trump hints at pardon
Former advisor to US President Donald Trump, Roger Stone, waves as he arrives for a court hearing on March 14, 2019, in Washington DC. Andrew Caballero-Reynolds | AFP | Getty Images President Donald Trump on Wednesday said that his longtime friend and political advisor Roger Stone was treated “very badly” by prosecutors, who the president […]
Prosecutors say Trump ally Roger Stone deserves prison sentence
Roger Stone, a former adviser to U.S. President Donald Trump, leaves the Prettyman United States Courthouse after a hearing February 1, 2019 in Washington, DC. Mark Wilson | Getty Images A top federal prosecutor said in a new legal filing Tuesday that Republican operative Roger Stone deserves to be sentenced to “far less” time in […]
