Politics
5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Running to records U.S. stocks have taken a steady climb to new records. The S&P 500 and Dow Jones Industrial Average both notched their highest closes ever on Friday. Both of those indexes and the Nasdaq Composite rose more […]
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Trump to move fast on tariffs, says Wall Street firm, citing clients who met with ex-trade chief
Robert Lighthizer, former US trade representative, speaks during an event with former US President Donald Trump, not pictured, at Precision Components Group in York, Pennsylvania, US, on Monday, Aug. 19, 2024. Graeme Sloan | Bloomberg | Getty Images Donald Trump’s longtime trade adviser is apparently telling Wall Street money managers that if the Republican presidential nominee is reelected, he […]
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Prosecutors seek years in prison for Trump Media insider trading Shvartsman brothers
Michael Shvartsman walks following a hearing at the Manhattan Federal Court, in New York City, U.S. July 20, 2023. Amr Alfiky | Reuters Prosecutors are asking a New York federal court judge to sentence two brothers to years in prison for their admitted insider trading in a blank-check company’s securities before it announced a planned […]
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Horst Jicha skips bail in $150 million USI Tech crypto fraud case in New York
Horst Jicha discussing cryptocurrency. Source: Team Business Global | YouTube A German national who was under home detention in New York City on a $5 million bond guaranteed by his domestic partner and children in a case in which he was charged with overseeing a $150 million cryptocurrency fraud is now a fugitive. “There’s a […]
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Nobel Peace Prize 2024 awarded to Japanese atomic bomb survivor organization Nihon Hidankyo
The Norwegian Nobel Institute is pictured in Oslo, Norway on September 25, 2024. Jonathan Nackstrand | Afp | Getty Images Japanese atomic bomb survivor organization Nihon Hidankyo won the Nobel Peace Prize on Friday in recognition of the organization’s efforts to achieve a world free of nuclear weapons. “This grassroots movement of atomic bomb survivors […]
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Trump to propose new tax break on car loan interest
Republican presidential nominee and former U.S. President Donald Trump gestures as he speaks during a campaign event at Riverfront Sports in Scranton, Pennsylvania, U.S. October 9, 2024. Brendan McDermid | Reuters Donald Trump on Thursday will support making interest on car loans fully tax deductible, the latest in a suite of tax-cut promises the Republican […]
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TD Bank expected to pay $3 billion in fines and limit growth in DOJ settlement: Report
A TD bank stands in Brooklyn on June 04, 2024 in New York City. Spencer Platt | Getty Images TD Bank is reportedly expected to pay a whopping $3 billion in fines to the Department of Justice and financial crimes regulators to settle a federal probe over its alleged failure to monitor money laundering by […]
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Trump Media shares up 100% from recent low as DJT rally continues on heavy trading
Omar Marques | Lightrocket | Getty Images Shares of Trump Media shot up as much as 19% Thursday morning, keeping up the momentum of a rally that has recovered some of the Truth Social operator’s steep losses from a recent weekslong sell-off. DJT stock was trading around $24 per share shortly after the market open, […]
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Kalshi expands Trump, Harris election bet options, adds Senate races, CFTC complains
The Commodity Futures Trading Commission headquarters in Washington, DC, U.S. Ting Shen | Bloomberg | Getty Images KalshiEx has listed more than two dozen new options in recent days for the exchange’s customers to bet on political outcomes, including the presidential race, the popular vote and Electoral College margins of that race, and individual Senate […]
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Justice Department, FTC warn consumers of fraud, price gouging risks ahead of Hurricane Milton
People buy items ahead of Hurricane Milton expected landfall in Bradenton, Florida on October 9, 2024. Miguel J. Rodriguez Carrillo | AFP | Getty Images As Hurricane Milton approached landfall in western Florida on Wednesday, the Biden administration warned consumers and businesses of the heightened risk of potential fraud, price gouging and collusion that accompanies […]
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