Tess Torelli

Tess Torelli January 22, 2018

But last week, Trump rejected a bipartisan Senate group’s immigration deal that lawmakers said would have enshrined DACA protections and would have met Trump’s demands, which included funding for a barrier on the Southern border, and changes to extended family migration and the visa “lottery.” Ever since then, the White House has put out mixed […]

Tess Torelli January 22, 2018

To get behind the bill, Democrats appear to want an assurance that McConnell will put a bipartisan immigration bill up for a vote, with or without Trump’s blessing. Schumer has repeatedly expressed frustration about nailing down Trump’s demands for an immigration deal that would protect hundreds of thousands of young undocumented immigrants from deportation. “He […]

Tess Torelli January 22, 2018

Wall Street veteran Peter Boockvar predicts an epic crash will hit the cryptocurrency market. He isn’t sure if it’ll come to a grinding halt or be a slow and steady drop — but he says it’s coming. Boockvar, chief investment officer at Bleakley Advisory Group, is certain crypto is in a giant bubble, and the […]

Tess Torelli January 22, 2018

Kohl’s is “sleeping with the enemy” and that’s a good thing, according to Jefferies analyst Randal Konik. It’s no surprise Amazon has been dubbed the enemy of the retail world, stealing market share from traditional players. But some (including Nike and Sears) have decided it’s better to work with the e-commerce giant than clash and […]

Tess Torelli January 22, 2018

President Donald Trump is throwing a party at his Mar-a-Lago resort to commemorate the first year since his inauguration and tickets start at $100,000 a pair, Bloomberg reported Thursday. Those tickets will pay for dinner at the celebration Saturday, as well as a photo op with Trump, the reports says. Couples can pay $150,000 more […]

Tess Torelli January 22, 2018

President Donald Trump has been so disappointed with Wilbur Ross’s performance as Commerce secretary that he has humiliated him in meetings, ripping the former Wall Street investor’s inability to secure satisfying trade deals, Axios reported Sunday, citing sources. “Your understanding of trade is terrible. Your deals are no good. No good,” Trump told Ross, according […]

Tess Torelli January 22, 2018

“Defendants also solicited ‘lifetime’ memberships in a more exclusive trading sector that would provide greater opportunities to profit from virtual currency trading,” the complaint said. “For example, one such opportunity purported to offer profits as much as 300% return on an investment in less than a week.” The domain Cabbage.tech appears for sale at $3,999, […]

Tess Torelli January 22, 2018

Stock futures fell on Sunday as the U.S. government remained shut down. Dow Jones industrial average futures declined 32 points and briefly fell as much as 101 points. S&P 500 and Nasdaq 100 futures drop 3 points and 5 points, respectively. The U.S. government shut down Saturday after a bill that would’ve kept government funded […]

Tess Torelli January 22, 2018

It originated with President Trump’s proposal to roll back those cuts Republicans forced Democrats to accept in 2011 to provide roughly $50 billion more for the Pentagon. To offset that increase, the White House requested comparable cuts in nondefense spending. But Republicans in Congress oppose the Republican president’s requested cuts. Instead, they’re negotiating with Democrats […]