The Koch brothers financed one of the most influential political networks in the modern era. David Koch's net worth was estimated at $42 billion.
U.S. companies "are on fire," says O'Leary, also chairman of O'Shares ETFs.
NEW YORK/ WASHINGTON, Aug 20- President Donald Trump's administration has been scrambling to stem the tide of rising anger in Farm Belt states after its decision this month to allow numerous oil refiners to mix less ethanol into their gasoline, sources told Reuters on Tuesday. Farmers bearing the brunt of Trump's trade with China say his support of the hardship...
NEW YORK, Aug 20- President Donald Trump's administration has been scrambling to stem the tide of rising anger in Farm Belt states after its decision this month to allow numerous oil refiners to mix less ethanol into their gasoline, sources told Reuters on Tuesday. Departments of Energy and Agriculture as well as the Environmental Protection Agency, the...
The former president's summer reading includes "the collected works" of Nobel Prize-winning author Toni Morrison.
The Pulitzer Prize-winning foreign affairs columnist says tariffs were not the way to go, but China's trade practices needed to be checked.
LinkedIn co-founder Reid Hoffman and Salesforce CEO Marc Benioff are backing multiple Democratic candidates in the 2020 presidential race.
"The Chinese are so tough, they can withstand more pain, in my judgement, than can Americans," says Max Baucus, also a former senator from Montana.
WASHINGTON, Aug 12- The top U.S. auto safety official, a key player in efforts by President Donald Trump's administration to rollback the nation's vehicle fuel efficiency requirements, will step down at the end of the month, the Transportation Department announced on Monday. Heidi King, the acting administrator of the National Highway Traffic Safety...
WASHINGTON, Aug 11- It has become a jarring and frequent contradiction. "He is so focused on the Fed because in terms of avoiding a recession that is truly in his eyes his biggest obstacle," to reelection, said a source in regular communication with the White House, explaining that Trump wants to take no chances, even if the risk of a downturn is low.
President Trump and Treasury should have had more discussions before declaring China a currency manipulator, says Sarah Bloom Raskin.
The escalating trade dispute between the U.S. and China is potentially creating "the most dangerous financial moment" since the global crash at the end of the last decade, former Treasury Secretary Larry Summers says.
WASHINGTON, Aug 5- Formally declaring China a currency manipulator may scratch a long-term itch for U.S. The move marks the first manipulator designation since 1994, when China was declared a manipulator. The main purpose of such designations under a 1988 U.S. currency law was to force negotiations with the offending country over their foreign exchange...
"As former chairs of the board of governors of the Federal Reserve System, we are united in the conviction that the Fed and its chair must be permitted to act independently and in the best interests of the economy, free of short-term political pressures and, in particular, without the threat of removal or demotion of Fed leaders for political reasons," the four...
Cesar Sayoc's other targets included CNN, Sens. Cory Booker, D-N.J., and Kamala Harris, D-Calif., Rep. Maxine Waters, D-Calif., and Tom Steyer, a billionaire now seeking the Democratic presidential nomination.
WASHINGTON, Aug 2- A group of 12 states led by California and New York on Friday challenged the Trump administration's decision to suspend a 2016 Obama administration regulation that more than doubled penalties for automakers that fail to meet fuel efficiency requirements. Congress in 2015 ordered federal agencies to adjust a wide range of civil penalties...
Trump's latest salvo in his ongoing trade battle with Beijing is likely to hurt the American economy more than China's, analysts told CNBC.
*Iran says U.S. sanctions on top diplomat "childish". DUBAI, Aug 1- President Hassan Rouhani said on Thursday that Iran was ready for the worst in an uphill struggle to salvage its nuclear deal with world powers abandoned by the United States, but that he was sure Tehran would eventually prevail. "We are not acting on the assumption we will get results through talks and...
WASHINGTON, Aug 1- Detroit- based General Motors Co emerged from two days of Democratic debates in its hometown largely unscathed as 2020 White House hopefuls largely passed up an opportunity to criticize it for significant job cuts in recent months. It had been bracing for searing attacks when Democrats descended on Detroit for the second round of debates on...
WASHINGTON, July 31- The United States will renew sanctions waivers for Iranian nuclear programs that allow Russia, China and European countries to continue their civilian nuclear cooperation with Tehran, White House national security adviser John Bolton said on Wednesday. Bolton's comments came hours after Washington imposed sanctions on Iranian...
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