- Yahoo Finance
Top news and what to watch in the markets on Friday, September 17, 2021.
- Yahoo Finance
Biden's vow not to raise taxes on most Americans limits the funding available to finance his spending plans.
Some retirees are surprised to learn that the federal government, in certain circumstances, taxes Social Security benefits. Even more surprising to some is that certain individual states also apply...
(Reuters) -Treasury Secretary Janet Yellen says failure to raise the U.S. debt limit could lead to the unthinkable: a default on government payment obligations. If the impasse in Congress over the $28.5 trillion debt limit isn't resolved before an October deadline, what would the Federal Reserve - the backstop for U.S. financial markets as the lender of last resort - be prepared to do? As it turns out, Fed Chair Jerome Powell may already have something of a game plan.
The predictions of impending doom from Wall Street’s talking heads continued this past week. The reasons for a pullback are many, but the 50-day moving average may outweigh all of them.
People on Twitter think they spotted side-eye, and sent the term "even Bannon" trending.
The program is running out of money faster — and you need to take care of yourself.
Allowing the IMF to issue $1.5 trillion in special drawing rights would save countless lives and wouldn't cost U.S. taxpayers a dime
(Bloomberg) -- Protests intensify at China Evergrande Group offices across the country as the developer falls further behind on promises to more than 70,000 investors. Construction of unfinished properties with enough floor space to cover three-fourths of Manhattan grinds to a halt, leaving more than a million homebuyers in limbo.Fire sales pummel an already shaky real estate market, squeezing other developers and rippling through a supply chain that accounts for more than a quarter of Chinese e
- The Daily Beast
REUTERSJust a day after testing positive for COVID-19, a Florida Republican official who battled against mask mandates, attacked the vaccine, and railed at CDC officials has died in Tampa.Gregg Prentice, who was 61, led the Hillsborough County Election Integrity Committee—and his sudden death has sent the local GOP scrambling as it no longer has access to essential campaign finance software without his help.In a Sept. 14 letter to the Federal Election Commission, the Hillsborough County Republic
Budget maneuvering, tax hikes, and a debt-ceiling standoff may hit stocks after a long rally. Don’t fight the Fed and buy any dip, bulls say.
- Simply Wall St.
Teva Pharmaceutical Industries Limited (NYSE:TEVA) seems to be undervalued on a fundamental basis. However, sometimes stocks are trading below intrinsic value because there are factors external to the current money making capacity of the company. We will examine what can be the cause and the extent of the risk for investing in Teva. We will start our analysis with the balance sheet and long term debt.
- Yahoo Money
For millions of minimum wage workers, the rent is just too damn high to live in parts of the country, even as policymakers fight for a nationwide "living wage."
- Yahoo Finance
Investors have seen the worst tax hikes Democrats can throw at them, and shrugged.
It is perhaps as predictable as it is problematic: Within days of news that two Federal Reserve bank presidents had engaged in controversial stock trades, one of the fiercest critics of the U.S. central bank's financial system oversight demands new ethics rules that would bar such dealings in the future. For Fed Chair Jerome Powell, however, it is the wrong problem at the wrong time. Under consideration for reappointment as Fed chief while also juggling how to pull off a critical change in U.S. monetary policy, Powell faces a controversy of the Fed's own making that helps reinforce arguments by progressives for broader change at the central bank.
Much has ground to a halt during the coronavirus pandemic, but not the march of Sino-Congolese friendship. Or so the Chinese embassy in Kinshasha is keen to show, amid growing scrutiny of Beijing's activities in the mineral-rich nation.
- The Week
France recalls ambassador to the U.S. 'for the first time ever'
- The Fiscal Times
Facing a potential default on U.S. debt payments in a matter of weeks, Treasury Secretary Janet Yellen called Senate Majority Leader Mitch McConnell on Wednesday to ask for his bipartisan cooperation in passing an increase or suspension of the debt ceiling. But the Kentucky Republican rejected her request, according to reports Thursday, and stuck to his position that the GOP will not help Democrats address the debt limit. “This is a unified Democrat government, engaging in a partisan reckless ta
The late night host turned one of the GOP's favorite talking points right back at them.
Twitter users issued a collective "no" in response to a post from Donald Trump's son.