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February 17, 2020

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Reuters - Business

U.S. January industrial output falls on weather, Boeing drop

Reuters
by Reuters09
FILE PHOTO: An assembly line worker works on the production line at Renegade RV manufacturing plant in Bristol, Indiana, U.S., April 16, 2019. REUTERS/Tim Aeppel WASHINGTON (Reuters) – U.S. industrial production fell 0.3% in January as unseasonably warm weather held down the output of utilities and Boeing Co (BA.N) slowed......
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Reuters - Business

Trump Fed nominee Shelton apologizes for likening currency forger to Rosa Parks

Reuters
by Reuters012
WASHINGTON (Reuters) – Federal Reserve board nominee Judy Shelton on Thursday apologized for having likened a convicted currency counterfeiter to U.S. civil rights icon Rosa Parks in an unusual exchange with a lawmaker weighing her appointment to the central bank. FILE PHOTO: Federal Reserve Board building on Constitution Avenue is......
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Reuters - Business

Despite $1 trillion deficits, Trump tax cuts will still ‘pay for themselves’: Mnuchin

Reuters
by Reuters02
WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin insisted on Wednesday that President Donald Trump’s tax cuts will still pay for themselves over 10 years, even as the administration forecasts near-term deficits close to $1 trillion. U.S. Treasury Secretary Steven Mnuchin waits to testify before a Senate Finance Committee hearing......
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Reuters - Business

Fed Chair Powell: ‘no reason’ rising wages, job gains can’t continue

Reuters
by Reuters04
Federal Reserve Board Chairman Jerome Powell testifies before the Senate Banking Committee in a hearing on the semi-annual monetary policy report to Congress on Capitol Hill in Washington, U.S., February 12, 2020. REUTERS/Yuri Gripas (Reuters) – Federal Reserve Chair Jerome Powell on Wednesday reiterated his confidence in the sustainability of......
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Reuters - Business

Fed’s Powell says economy in good place, warns on coronavirus

Reuters
by Reuters07
WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell told Congress on Tuesday that the U.S. economy is in a good place, even as he cited the potential threat from the coronavirus in China and concerns about the economy’s long-term health. With risks like trade policy uncertainty receding and global growth......
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Reuters - Business

Fed’s Powell says economy ‘resilient,’ but warns on coronavirus, productivity

Reuters
by Reuters06
WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell was fairly upbeat about the outlook for the U.S. economy in the first of his twice-a-year updates to Congress on Tuesday, but he cited a potential threat from the coronavirus in China and concerns about the economy’s long-term health. The U.S. economic......
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Reuters - Business

Fed Chair Powell likely to give Congress largely positive economic update

Reuters
by Reuters09
(Reuters) – Federal Reserve Chair Jerome Powell is likely to sound fairly upbeat about the outlook for U.S. economic growth when he testifies this week in the first of his twice-a-year updates to Congress, even as he nods to the potential threat from the coronavirus in China. FILE PHOTO: Federal......
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CNBC Business

Trump slams impeachment after acquittal in Senate

CNBC
by CNBC08
CNBC – For more and to sign up click here [The stream is slated to start at 12 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump is expected to deliver remarks from the White House on his impeachment......
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CNBC Business

President Trump delivers State of the Union Address

CNBC
by CNBC09
CNBC – For more and to sign up click here [The stream is slated to start at 9 p.m. ET. Please refresh the page if you do not see a player above at that time.]...
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CNBC Business

Trump approval hits new high in Gallup poll, despite impeachment

CNBC
by CNBC07
CNBC – For more and to sign up click here US President Donald Trump gives a thumbs up during a “Keep America Great” campaign rally at Wildwoods Convention Center in Wildwood, New Jersey, January 28, 2020. Saul Loeb | AFP | Getty Images President Donald Trump‘s approval rating has hit......
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CNBC Business

Senators make their own closing arguments

CNBC
by CNBC010
CNBC – For more and to sign up click here Senate Majority Leader Mitch McConnell, a Republican from Kentucky, speaks during a news conference after a weekly caucus meeting at the U.S. Capitol in Washington, D.C., on Tuesday, Jan. 14, 2020. Al Drago | Bloomberg | Getty Images Senators took......
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CNBC Business

Veterans Affairs deputy secretary James Byrne fired

CNBC
by CNBC013
CNBC – For more and to sign up click here U.S. Sen. Dean Heller (R-NV) is introduced by Acting Deputy Secretary of Veterans Affairs James Byrne (R) before a talk by U.S. Vice President Mike Pence (not pictured) at Nellis Air Force Base on September 7, 2018 in Las Vegas,......
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CNBC Business

Senate votes against calling witnesses in Trump impeachment trial

CNBC
by CNBC012
CNBC – For more and to sign up click here Senate Majority Leader Mitch McConnell, R-Ky. Tom Williams | CQ-Roll Call Group | Getty Images WASHINGTON – A razor-thin majority of Senate Republicans on Friday voted against a Democratic proposal to admit additional witnesses and documents into President Donald Trump’s......
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Reuters - Business

Democratic witness bid seems doomed in Trump trial as Murkowski says no

Reuters
by Reuters014
WASHINGTON (Reuters) – Another pivotal Republican announced opposition on Friday to calling witnesses in President Donald Trump’s U.S. Senate impeachment trial, appearing to doom a bid by Democrats to permit testimony and paving the way for his expected acquittal. Senator Lisa Murkowski said she carefully considered the need for witnesses......
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CNBC Business

Trump speaks on human trafficking amid coronavirus, impeachment

CNBC
by CNBC015
CNBC – For more and to sign up click here [The stream is slated to start at 12:15 p.m. ET. Please refresh the page if you do not see a player above at that time.]...
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CNBC Business

Senators to hold key vote with the end in sight

CNBC
by CNBC012
CNBC – For more and to sign up click here Senators are set to vote Friday on whether to include new witnesses and documents in President Donald Trump’s impeachment trial, a pivotal moment in the proceedings that could pave the way for Trump’s acquittal. Democrats, led by Senate Minority Leader......
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Reuters - Business

Task force pushes U.S. lawmakers to strengthen insider trading rules

Reuters
by Reuters07
FILE PHOTO: Joon H. Kim, Acting United States Attorney for the Southern District of New York, announces federal charges against Akayed Ullah in connection with Monday’s bombing at the New York Port Authority Bus Terminal in Manhattan, in New York, U.S., December 12, 2017. REUTERS/Brendan McDernid WASHINGTON (Reuters) – A......
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Reuters - Business

Trump’s ‘massive’ U.S.-UK trade deal faces big hurdles

Reuters
by Reuters012
WASHINGTON (Reuters) – Britain is the United States’ closest ally but their long friendship may be sorely tested as the two countries try to forge a new trade agreement after Britain’s exit from the European Union. FILE PHOTO: Britain’s Prime Minister Boris Johnson welcomes U.S. President Donald Trump at the......
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