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Challenging conditions in the U.S. housing market, along with tighter currency controls by the Chinese government, cause a stunning drop in foreign demand for American homes.Real Estateread more
The growth in net interest income, a main engine of the industry's profit, looks to slow to a halt in the back half of this year.Banksread more
His case for gold comes as central banks get more aggressive with policies that devalue currencies and are about to cause a "paradigm shift" in investing.Marketsread more
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The "'Cadillac tax," set to go into effect in 2022, is unpopular with both Republicans and Democrats, who say it punishes the middle class.Health and Scienceread more
Facebook's head of Calibra David Marcus faced skepticism from lawmakers at a House Financial Services hearing on its digital currency plans.Technologyread more
During a speech on "Medicare for All," Bernie Sanders will urge 2020 Democratic candidates to reject money from health-care industries.2020 Electionsread more
The news comes after eBay announced a strategic portfolio review on March 1.The Faber Reportread more
Amazon also said that on Monday and Tuesday it sold more Amazon devices — like the Echo Dot, the Fire TV Stick and Alexa Voice Remote — over a two-day period than it ever has...Retailread more
If the S&P 500 climbs another 4%, it will have doubled the peak reached in the previous bull market, Michael Santoli notes.Trading Nationread more
A federal appeals court is set to hear arguments on Monday over President Donald Trump's temporary travel ban on people entering the United States from six Muslim-majority countries, the second such court to review Trump's directive over the past week.
A three-judge 9th U.S. Circuit Court of Appeals panel, made up entirely of judges appointed by Democratic former President Bill Clinton, will review a Hawaii judge's ruling that blocked parts of the Republican president's revised executive order on travel.
The March order was Trump's second effort to craft travel restrictions. The first, issued on Jan. 27, led to chaos and protests at airports before being blocked by courts. The second order was intended to overcome the legal problems posed by the original
U.S. District Judge Derrick Watson in Hawaii blocked 90-day entry restrictions on people from Libya, Iran, Somalia, Sudan, Syria, and Yemen, as well as part of the order that suspended
Last week the 4th U.S. Circuit Court of Appeals in Virginia reviewed a Maryland judge's ruling that blocked the 90-day entry restrictions. That court is largely made up of Democrats, and the judges' questioning appeared to break along partisan lines. A ruling has not yet been released.
Arguing that the United States needed to tighten national security measures, Trump's attempt to limit travel was one of his first major acts in office. The fate of the ban is one indication of whether the Republican can carry out his promises to be tough on immigration and national security.
Opponents — including the state of Hawaii and civil rights groups — say that both the first ban and the revised ban discriminate against Muslims. The government argues the text of the order does not mention any specific religion and is needed to protect the country against attacks.
The 9th Circuit hearing on Monday will take place in Seattle. The U.S. Supreme Court is likely to be the ultimate decider, but the high court is not expected to take up the issue for several months.