Ed. Note: This article first appeared in Politico Will it Be “Your Fired?” – Janet Yellen is heading into war with President Trump. The Federal Reserve chair, with one year left in her tenure as the world’s most powerful central banker, is almost certain to announce a hike in interest rates by one-quarter point next […]
Republicans revealed their long-awaited legislation to repeal and replace the Affordable Care Act (Obamacare), proposing to phase out key parts of the law over several years as they try to break a deadlock between moderates and conservatives in their party.
Ed. Note: This article first appeared in Yahoo Janney Montgomery Scott announced the hiring of Senior Vice President Noah Doyle and Vice President Charles Princiotto, formerly associated with Merrill Lynch. Doyle and Princiotto will be joined by Sean Martin, also formerly associated with Merrill Lynch. Doyle previously managed Doyle & Associates at Merrill Lynch Wealth Management. […]
Former New York Giants, Miami Dolphins, and New England Patriots cornerback Will Allen was sentenced to six years in prison and three years of supervised release and ordered to pay $16.8M in restitution by a federal judge for his role in a multimillion-dollar Ponzi scheme.
Ed. Note: This article first appeared in Bloomberg A powerful conservative group backed by billionaire brothers Charles and David Koch is questioning a plan to spend $1T on the nation’s infrastructure and warning that one of President Trump’s signature policy initiatives could become a “spending boondoggle.” In a memo released, Freedom Partners cautions Trump and the Republican-controlled […]
After the White House, the really big paychecks come from publishing and public appearances. But unless the Obamas have been concealing a lot of both cash and ambition, they’re going to need a lot of time to catch up with the Bushes and Clintons alike. Barack and Michelle Obama left the White House with matching […]
Ed. Note: This article first appeared in Bloomberg Good news for everyone waiting for a bubble to burst. Predicting sector-wide crashes in the equity market isn’t impossible. That’s the conclusion of Harvard University researchers who studied boom-and-bust cycles in publicly traded United States industries since 1926. In a new paper, Robin Greenwood, Andrei Shleifer and Yang […]
Ed. Note: This article first appeared in Politico While the most emotional moment of President Donald Trump’s appearance before the joint session of Congress was the tribute to fallen warrior William “Ryan” Owens, the most striking aspect of tonight’s lengthy speech was not the lyrics, but the tone. In a sharp departure from his acceptance speech […]
BlackRock, the world’s largest money manager, reduced annual employee bonuses by an average of 2 percent to 4 percent for last year, the first such cut since 2011, a person with knowledge of the matter said.
Ed. Note: This article first appeared in Insurance News Net The Office of Management and Budget found the controversial Department of Labor’s fiduciary rule to be “economically significant” in a review completed Monday, a finding that puts a rule delay in doubt. The OMB reviewed a DOL request to delay the fiduciary rule. The “economically significant” […]