The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
Rep. Alexandria Ocasio-Cortez has grown less popular in New York – even among Democrats – following Amazon's decision to scrap its planned offices in Queens.
Thirty-one percent of registered voters in the state view the freshman House Democrat favorably, while 44 percent have an unfavorable view, according to a Siena College poll released Monday. In January, 34 percent of New York voters viewed Ocasio-Cortez favorably, versus 29 percent who had an unfavorable opinion, a Quinnipiac University poll found.
The poll findings come as President Donald Trump tries to cast Democrats' economic policies as dangerously radical ahead of the critical 2020 election. With his re-election bid on the horizon, Trump and the Republican Party aim to lump all Democrats — particularly those challenging him for president and those in swing House districts — in with Ocasio-Cortez and other self-professed democratic socialists.
Ocasio-Cortez's support has dipped among key constituencies since January. Her net favorability — positive minus negative ratings — among Democrats fell to +17 in March from +46 in January. In New York City, she had only a +6 rating in March, down from a +32 in January. Ocasio-Cortez represents parts of the city's boroughs of Queens and the Bronx.
It is unclear how much of the drop in popularity can be attributed to the representative's opposition to Amazon's plans to build an office in Queens. Ocasio-Cortez, a magnet for media coverage, has publicly weighed in on a range of issues since she took office in January, while pushing ambitious, controversial policies such as the Green New Deal.
The change in her approval ratings may in part come from people knowing more about the lawmaker. Twenty-six percent of respondents to the Siena poll said they did not know how they felt about Ocasio-Cortez or had no opinion — down from 35 percent who said they had not heard enough about her in the Quinnipiac survey.
Still, her resistance to the Amazon project may not have helped. Only 21 percent of registered voters — including just 27 percent of New York City respondents — called Amazon's decisions to scrap its plans "good" for New York.
A 38 percent plurality of respondents in the state consider Ocasio-Cortez a "villain" in the saga, while 24 percent call her a "role player," and 12 percent say she was a "hero." Amazon itself does not fare much better — 39 percent call the company a role player, 26 percent say it was a villain and 20 percent consider it a hero.
Ocasio-Cortez's office did not immediately respond to a request to comment on the Siena poll. She and other opponents of the Amazon deal contended the e-commerce giant did not cooperate enough with local stakeholders. They have frequently criticized Amazon for its treatment of workers, and said the company's presence would raise costs for current residents of the Long Island City neighborhood and the surrounding areas.
New York City and the state offered Amazon $3 billion in performance-based incentives to build part of its second headquarters in the city. The project was expected to create 25,000 jobs.
During his State of the Union address last month, Trump previewed his 2020 attack lines. He said "we are alarmed by new calls to adopt socialism in our country."
"Tonight, we renew our resolve that America will never be a socialist country," he said.
Trump has cited opposition to the Amazon project in his attacks on Democrats. He called it "the kind of thinking that our country is going to on the left, on the radical left." Amazon's departure is a "big loss" that is "not good for jobs" or the economy, the president said.
Ocasio-Cortez's main policy priorities — such as "Medicare-for-All," free public college, a Green New Deal and higher marginal tax rates on the wealthy — generally poll better than her stand against the Amazon deal.
The Siena poll of 700 New York State registered voters has a plus-or-minus 4.2-percentage point margin of error.
The Quinnipiac poll of 929 New York State voters has a plus-or-minus 4.1-percentage point margin of error.