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Wall Street's silly freak out

POLITICO Get the Morning Money newsletter Email Sign Up By signing up you agree to receive email newsletters or updates from POLITICO and you agree to our privacy policy and terms of service. You can unsubscribe at any time and you can contact us here. This sign-up form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Presented by Sallie Mae Ā® Editor’s Note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is deli...
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Gensler staffs up at SEC

POLITICO Get the Morning Money newsletter Email Sign Up By signing up you agree to receive email newsletters or updates from POLITICO and you agree to our privacy policy and terms of service. You can unsubscribe at any time and you can contact us here. This sign-up form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. 04/16/2021 08:00 AM EDT Editor’s Note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is deliver...
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The U.S. is Losing $1 Trillion Annually to Tax Cheats: Live Updates

The U.S. is Losing $1 Trillion Annually to Tax Cheats: Live Updates S&P 500 Source: Factset Charles Rettig, the commissioner of the Internal Revenue Service, said during a Senate Finance Committee hearing that the agency lacks the resources to go after tax cheats.Credit...Anna Moneymaker for The New York Times The United States is losing approximately $1 trillion in unpaid taxes every year, Charles Rettig, the Internal Revenue Service commissioner, estimated on Tuesday, arguing that the agency ...
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Jamie Dimon Sees a Boom Coming - The New York Times

Image Image Jamie Dimon thinks a boom is coming — but worries about too much of a good thing.Credit...Jeenah Moon/Reuters Dear shareholders … The annual letter to shareholders by JPMorgan Chase’s chief Jamie Dimon was just published. The widely read letter is not just an overview of the bank’s business but also covers Mr. Dimon’s thoughts on everything from leadership lessons to public policy prescriptions. Ć¢Ā€ĀœThe U.S. economy will likely boom.Ć¢Ā€Ā A combination of...
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OPEC and Other Oil Producers Strike a Deal to Raise Output: Live Updates

Tech Stocks Rally, Leading S&P 500 Above 4,000: Live Updates RIGHT NOW By: Ella KoezeĀ·Data delayed at least 15 minutesĀ·Source: FactSet A rally in big technology stocks, a tailwind of economic optimism following the latest big spending plan from the Biden administration and a jump in oil prices all came together on Thursday to lift Wall Street and lead the S&P 500 index above 4,000 for the first time. It was a second consecutive day of gains in technology stocks, which had struggled in Febru...
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The Fed Meets Against a Revamped Economic Backdrop: Live Updates

Stocks Rebound After Fed Signals Interest Rates Will Remain Low Last Updated This briefing has ended. Follow our latest coverage of -0:00 Federal Reserve Will Keep Rates Near Zero The Federal Reserve Chair, Jerome H. Powell, said on Wednesday that he expects the economy to continue improving this year but plans to keep interest rates near zero until employment increases. Today, the FOMC kept interest rates near zero and maintained our sizable asset purchases. These measures, along with our str...
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Jobless Claims Drop, Fueling Optimism in an Economic Rebound: Live Updates

S&P 500 Hits Record as Optimism About Economy Rises Last Updated This briefing has ended. Follow our latest coverage of By: Ella KoezeĀ·Data delayed at least 15 minutesĀ·Source: FactSet Wall Street’s rally stretched into a third day on Thursday, with the S&P 500 reaching a record high, as investors stopped worrying about inflation and rising interest rates and focused instead on what looks to be an increasingly peppy economic recovery. The S&P 500 rose 1 percent, climbing above its Feb. 12...
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Urban Reads: Evanston, IL Will Pay Reparations

All the city news you can use. By Jeff Wood - Mar 6th, 2021 04:24 pm //end headline wrapper ?> Evanston, IL. (Public Domain). Every day at The Overhead Wire we sort through over 1,500 news items about cities and share the best ones with our email list. At the end of the week, we take some of the most popular stories and share them with Urban Milwaukee readers. They are national (or international) links, sometimes entertaining and sometimes absurd, but hopefully u...
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National links: The German city pulling back the welcome mat for cars

One German city is working to make its streets less welcoming to drivers — even those with electric vehicles. Buttigieg’s top priority at the Department of Transportation is addressing a maintenance backlog. The role dollar stores are playing in rural retail. Heidelberg’s move toward a car-less city: The German city of Heidelberg is going beyond the current mantra of electric cars for climate goals and focusing on creating an environment conducive to active transport. The mayor, Eckart Wu...
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