Economy

History shows the stock market may be setting up to rip higher once the government shutdown ends

History shows the stock market may be setting up to rip higher once the government shutdown ends

1 day ago   |   Politic - News   |   3 articles

The partial government shutdown is the longest on record , and economists say it's eating into economic growth right now . Still, the long-term economic impact is likely to be...
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Shutdown Will Be Worse For Economy Than First Thought, White House Says

Shutdown Will Be Worse For Economy Than First Thought, White House Says

1 day ago   |   Politic - News   |   2 articles

White House officials reportedly say that each week of the shutdown will subtract 0.1 percentage point from growth - double the administration's original estimate. (Image...
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The warnings are getting more and more stark -Trump's government shutdown is getting catastrophic for the economy

The warnings are getting more and more stark -Trump's government shutdown is getting catastrophic for the economy

1 day ago   |   Politic - News   |   3 articles

The US government shutdown is now the longest in the country's history and has shown no signs of abating. JP Morgan's CEO Jamie Dimon previously suggested US growth could go to...
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Jamie Dimon warns that the government shutdown could take a massive bite out of the US economy

Jamie Dimon warns that the government shutdown could take a massive bite out of the US economy

2 days ago   |   Politic - News   |   2 articles

The government shutdown has entered into its fourth week. According to economists, the shutdown will take a bite out of the US economy. JPMorgan CEO Jamie Dimon warned on...
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Major US companies are facing the same China question, and their answers are slowly shedding light on Trump's trade war impact

Major US companies are facing the same China question, and their answers are slowly shedding light on Trump's trade war impact

2 days ago   |   Politic - News

The impact of the US-China trade war is one of the central themes for US corporations this earnings season. While uncertainty around trade negotiations has been largely cited...
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The government shutdown could cause a disaster for the US economy if Trump follows through on his threat to continue the fight for 'months'

The government shutdown could cause a disaster for the US economy if Trump follows through on his threat to continue the fight for 'months'

3 days ago   |   Politic - News   |   2 articles

Most economists agree that the government shutdown will weigh on US economic growth. But according to one economist, if President Donald Trump follows through on his threat to...
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Trump threatened to 'devastate' a NATO ally's economy and his State Department has no idea that means

Trump threatened to 'devastate' a NATO ally's economy and his State Department has no idea that means

3 days ago   |   Politic - News

President Donald Trump on Sunday threatened to "economically" devastate Turkey, a NATO ally, but Trump's own State Department said it had no knowledge of any such plans. Trump...
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Trump Threatens Ally With 'Economic Devastation'

Trump Threatens Ally With 'Economic Devastation'

3 days ago   |   Politic - News   |   2 articles

The "long overdue" American withdrawal from Syria has begun, President Trump said in a tweet Sunday before casually threatening to destroy the economy of a NATO ally. Trump...
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The government shutdown is officially the longest ever. Here's what Wall Street is saying about its impact on the market and the economy

The government shutdown is officially the longest ever. Here's what Wall Street is saying about its impact on the market and the economy

4 days ago   |   Politic - News

The government shutdown just became the longest on record, entering into a 23rd day on Sunday. Past government shutdowns have not typically had a meaningful impact on the stock...
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The longest government shutdown on record could have widespread consequences for the US economy

The longest government shutdown on record could have widespread consequences for the US economy

5 days ago   |   Business - News

Parts of the federal government have been shut down since late December. It's created a spate of risks in the largest economy in the world. For example, employment could fall...
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Greek players making a name for themselves at Aussie Open

Greek players making a name for themselves at Aussie Open

MELBOURNE, Australia - Stefanos Tsitsipas earned more than $100,000 in prize money for winning his third-round match at the Australian Open. Just as important to the... Read more ...

Norvell leads No. 5 Gonzaga over Loyola Marymount 73-55

Norvell leads No. 5 Gonzaga over Loyola Marymount 73-55

SPOKANE, Wash. - Zach Norvell Jr. scored 17 points and No. 5 Gonzaga used a stout defense to beat Loyola Marymount 73-55 on Thursday night, the eighth consecutive win for the... Read more ...

Kuzma scores 32 as Lakers top Thunder in OT without LeBron

Kuzma scores 32 as Lakers top Thunder in OT without LeBron

OKLAHOMA CITY - Kyle Kuzma scored 32 points to help the Los Angeles Lakers beat the Oklahoma City Thunder 138-128 in overtime Thursday night without injured LeBron James. Read more ...

The Latest: Federer hits a hundred at Australian Open

The Latest: Federer hits a hundred at Australian Open

MELBOURNE, Australia - The Latest on Friday at the Australian Open : Read more ...

Trump Cancels White House Trip To Davos, Citing Government Shutdown

Trump Cancels White House Trip To Davos, Citing Government Shutdown

Treasury Secretary Steve Mnuchin was expected to lead the delegation to the World Economic Forum on Jan. 22. Read more ...

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The Republican who represents more of the border than anyone in Congress has...

The Republican who represents more of the border than anyone in Congress has an idea to secure the border, and it's not a wall

The only GOP congressman who represents a district along the US-Mexico border opposes President Donald Trump's wall - instead, he wants a fiber optic cable. Rep. Will Hurd of... Read more ...

'Totally appropriate': President denies Speaker Nancy Pelosi aircraft for...

'Totally appropriate': President denies Speaker Nancy Pelosi aircraft for planned trip abroad

On Thursday the president denied the House speaker an aircraft for a planned trip abroad. Read more ...

The number of federal employees making unemployment claims during the...

The number of federal employees making unemployment claims during the government shutdown is soaring

The government shutdown is now in day 27. 800,000 federal workers are going without pay and 380,000 have been furloughed, meaning they are on forced unpaid leave. 10,454... Read more ...

The Trump administration is reportedly considering lifting some tariffs on...

The Trump administration is reportedly considering lifting some tariffs on China to help get a trade deal done

The US is considering eliminating some or all tariffs on China, the Wall Street Journal reported Thursday. Treasury Secretary Steven Mnuchin is pushing for tariffs on $250... Read more ...