2019-01-12 10:33:00 Sat ET
treasury deficit debt employment inflation interest rate macrofinance fiscal stimulus economic growth fiscal budget public finance treasury bond treasury yield sovereign debt sovereign wealth fund tax cuts government expenditures
With majority control, House Democrats pass 2 bills to reopen the U.S. government without funding the Trump border wall. President Trump makes a surprise White House appearance to reiterate his intention to keep up the fight for the signature campaign promise of a border wall against Mexico. House Speaker Nancy Pelosi states that both President Trump and Republican Senate should *take yes for an answer* to approve the 2 bills without border wall finance. If President Trump and Republican Senate pass these bills, federal agencies would receive public finance to end the partial government shutdown.
Several House Republicans break with the Trump administration and vote in favor of reopening the U.S. government without any border wall finance. It is unlikely for President Trump and Republican Senate to accept this outcome without any form of border wall finance. Nevertheless, the Trump administration may need to realign stock market investor and taxpayer expectations with no more than $5 billion public finance for the southern border wall. In the best-case scenario, both parties would need to compromise on this budget issue. Otherwise President Trump, Republican Senate, and House Democrats would bear responsibility for public outrage in light of the current government shutdown.
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2018-01-17 05:30:00 Wednesday ET
European Union antitrust regulators impose a fine on Qualcomm for advancing its key exclusive microchip deal with Apple to block out rivals such as Intel an
2017-08-31 09:36:00 Thursday ET
The Trump administration has initiated a new investigation into China's abuse of American intellectual property under Section 301 of the Trade Act of 19
2019-09-09 20:38:00 Monday ET
Harvard macrofinance professor Robert Barro sees no good reasons for the recent sudden reversal of U.S. monetary policy normalization. As Federal Reserve Ch
2018-09-25 10:35:00 Tuesday ET
Sirius XM pays $3.5 billion shares to acquire the music app company Pandora. This acquisition would form the largest audio entertainment company worldwide.
2019-10-11 13:40:00 Friday ET
Apple CEO Tim Cook maintains a frugal low-key lifestyle. With $625 million public wealth, Cook leads the $1 trillion tech titan Apple in the post-Jobs era.
2018-05-17 07:41:00 Thursday ET
Has America become a democratic free land of crumbling infrastructure, galloping income inequality, bitter political polarization, and dysfunctional governa