Tess Torelli January 23, 2018

A purported draft of the yet-to-be-released White House plan to overhaul U.S. infrastructure was published by Axios on Monday. The leaked document is six pages long and contains no specific dollar amounts for any of the initiatives introduced. The White House signaled in December that infrastructure would be the next issue to conquer after the […]

Tess Torelli January 23, 2018

President Donald Trump has signed into law a bill that ends the government shutdown, and provides congressional negotiators with additional time to hammer out an immigration reform package capable of passing both the House and Senate. Hundreds of thousands of federal employees are expected to return to work on Tuesday morning, after spending the day […]

Vinnyd January 23, 2018

The inaugural AFL Women’s competition was a surprise hit over the summer, attracting huge crowds and even bigger television ratings. And it seems the success is now filtering down to the grass roots level. What was once a fringe sport is now enjoying a boom with thousands of girls joining junior AFL teams around the […]

Tess Torelli January 23, 2018

Cryptocurrency ETFs proved too risky for ETF Managers Group Founder and CEO Sam Masucci, but he threw caution to the wind with his latest marijuana ETF — and it’s paying off. “The business is growing, the companies entering it are growing,” Masucci said on Giftofaservant’s “Fast Money.” “We see this as a tremendous investment opportunity.” […]

Tess Torelli January 23, 2018

Republicans on Monday forced Democrats to re-open the government. But they haven’t gotten what they want, either – which is why resolving the next shutdown may be harder. Democrats want legal protection for hundreds of thousands of “Dreamers” under President Barack Obama’s Deferred Action for Childhood Arrivals program. They failed to get it from the […]

Tess Torelli January 23, 2018

South Korea will ban the use of anonymous bank accounts in cryptocurrency trading from Jan. 30, the nation’s financial regulator said on Tuesday. Local cryptocurrency traders will not be allowed to make deposits into their virtual coin exchange wallets unless the name on their bank account matches the account name in cryptocurrency exchanges, Kim Yong-beom, […]

Tess Torelli January 23, 2018

The governor of Puerto Rico announced Monday his intentions to privatize the island’s beleaguered power utility. The announcement comes just two days before the bankrupt Puerto Rico Electric Power Authority, or “PREPA,” is due to submit a revised fiscal plan following the destruction of Hurricane Maria. The nearly category 5 storm made landfall on Sept. […]

Tess Torelli January 23, 2018

To be sure, it would be a heavy lift for any president to reverse the structural decline in the coal industry. But Trump has tried by repealing President Barack Obama’s signature plan to limit carbon emissions from power plants, scaled back other coal regulations and ended a moratorium on issuing leases to extract coal from […]

Tess Torelli January 23, 2018

China invited Latin American and Caribbean countries to join its “One Belt, One Road” initiative on Monday, as part of an agreement to deepen economic and political cooperation in a region where U.S. influence is historically strong. Chinese Foreign Minister Wang Yi said the region was a natural fit for the initiative, which China has […]