Second federal judge blocks Trump administration’s move to end DACA
A second federal judge has blocked the Trump administration’s attempt to end the Deferred Action for Childhood Arrivals program.
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Trump’s budget will propose cutting $3 trillion, set goal of reducing the debt rather than balancing the budget
President Trump’s second budget will cut $3 trillion in spending over the next 10 years, White House officials indicated Sunday night, but won’t be balanced.
Trump budget plan to seek funds for border wall, infrastructure, opioid treatment
President Donald Trump will unveil his second budget on Monday – seeking to make good on his promise to bolster military spending and requesting funds for infrastructure, construction of a wall along the border with Mexico and opioid treatment programs.
Senate plan offers Trump 10 percent of border wall, amnesty for 1.8 million ‘Dreamers’
Bipartisan negotiators are looking at a plan that would pay for as little as 10 percent of President Trump’s border wall in exchange for legalizing 1.8 million illegal immigrant ‘Dreamers,’ one of the senators involved in the talks said Thursday night.
Dow plunges more than 1,000 points, falls into correction territory
The Dow Jones industrial average plunged 1,033 points Thursday, its second-worst drop in history, extending its losses in the recent selloff to more than 10% and putting it officially into correction territory.
Congressional leaders battle clock, Rand Paul in bid to stop shutdown
Congressional leaders were racing another government shutdown clock Thursday night, searching for votes to approve a budget deal that could set the stage for the biggest spending increase in U.S. history.
Uranium One informant makes Clinton allegations in testimony
An FBI informant connected to the Uranium One controversy told three congressional committees in written testimony that Moscow routed millions of dollars to America with the expectation it would be used to benefit Bill Clinton’s charitable efforts while Secretary of State Hillary Clinton quarterbacked a ‘reset’ in US-Russian relations.
Senate Leaders Announce 2-Year Budget Deal with Huge Spending Increases
Congressional leaders have finally reached an agreement on a two-year deal that would lift budget caps on defense and domestic spending, Senate Majority Leader Mitch McConnell (R-KY) announced Wednesday afternoon.
Russians penetrated U.S. voter systems, says top U.S. official
The U.S. official in charge of protecting American elections from hacking says the Russians successfully penetrated the voter registration rolls of several U.S. states prior to the 2016 presidential election.
Trump dossier author misled FBI, Grassley says in criminal referral to Justice Dept.
Christopher Steele, author of the infamous Trump-Russia dossier, misled the FBI into making false assertions to a judge to gain a wiretap on a Trump campaign volunteer, according to a Senate document released Tuesday evening.
House moves forward on bill that would avert shutdown
The House voted Tuesday to avert another government shutdown, approving a bill to fund the military for the rest of the year and domestic operations for six more weeks, as all sides sounded optimistic about a broader deal.
House Republicans Working on Averting Another Shutdown
House Republican leaders are grappling for a strategy to avert another government shutdown at midnight Thursday.
Dow Plunges 1,175 Points in the Worst Day for Stocks Since 2011
The Dow Jones industrial average plunged more than 1,100 points Monday. It was the worst loss for the financial markets in six and a half years.
Machines Had Their Fingerprints All Over a Dow Rout for the Ages
Risk parity funds. Volatility-targeting programs. Statistical arbitrage. Sometimes the U.S. stock market seems like a giant science project, one that can quickly turn hazardous for its human inhabitants.
Job growth bounced back in January with 200,000 new payroll jobs, wage growth strongest since 2009
The economy added 200,000 new jobs and the unemployment rate held steady at 4.1 percent in January, the Department of Labor reported Friday, as job creation bounced back to a robust pace.
House Intelligence memo released: What it says
The House Intelligence Committee has released its controversial memo outlining alleged abuses of secret surveillance by the FBI and Justice Department in the Trump-Russia investigation. Here are some key points:
Economy to grow at 5.4% rate in first quarter, Atlanta Fed tracker shows
The economy is on track to put up blockbuster growth numbers in the first quarter, according to the latest forecast from the Atlanta Fed.
Trump will clear way for publication of explosive memo
Over the strong objections of his own Justice Department, President Donald Trump will clear the way for the publication of a classified memo on the Russia investigation that Republicans say shows improper use of surveillance by the FBI, White House officials said Thursday.
U.S. Oil Production Tops 10 Million Barrels A Day for First Time Since 1970
U.S. oil production surpassed 10 million barrels a day in November for the first time in nearly 50 years, a milestone that underscores the growing dominance of the U.S. oil industry.
‘Our new American moment’: Trump calls for bipartisan cooperation in year ahead
President Trump marked his first State of the Union address Tuesday with a call for concrete bipartisan achievements in the year ahead, using the momentous occasion to unveil an expansive infrastructure plan aimed at improving rural landscapes and major U.S. cities, while also emphasizing his desire for the swift enactment of immigration reform.