Category: Finance News

Feb 20

Trump intelligence pick fits pattern of mistrust

Intelligence experts interviewed by Yahoo News are skeptical that Richard Grenell, President Trump’s pick to replace Adm. Joseph Maguire as acting director of national intelligence, is a good fit for the job.   The White House announced Thursday that Grenell, the current U.S. ambassador to Germany, would become the second person since August to assume the […]
Feb 20

Bond Report: 30-year Treasury yield nears all-time low as coronavirus fears linger

Investors snapped up U.S. Treasurys, pushing yields down sharply, as traders noted the growing number of COVID-19 cases outside of China’s borders, raising concerns that a broader contagion could weigh on regional Asian economies. What’s driving Treasurys? The 10-year Treasury note yield TMUBMUSD10Y, -2.93% fell 4.5 basis points to 1.524%, while the 2-year note rate […]
Feb 20

Market Snapshot: Dow fights to defend perch above 29,000 as coronavirus uncertainty sparks skittish trading

U.S. stocks were lower Thursday afternoon, clawing back from late-morning losses when the main stock indexes took a sharp dip from all-time highs, as investors struggled to find their footing amid the coronavirus outbreak. Although investors have been heartened by daily reports of a slowing rate of the spread of COVID-19, the infectious disease that […]
Feb 20

I took out $50K in student loans, but now I’m living on disability. Is my spouse responsible — and will my family have to pay off my student debt if I die?

Question: I graduated from college in 2003, with over $50,000 in student loans. Right after graduation, I was offered the opportunity to consolidate them at 3% interest, paying less than $300 monthly with a state-managed higher education student financial-aid program. ‘Due to poor health I had to put the payments on hold for one year […]
Feb 20

Trump news – live: President rebuked by judge for 'totally inappropriate' tweets as Roger Stone met with ‘Lock Him Up’ chants following sentencing

AP Donald Trump was called out for his “totally inappropriate” tweets by the judge presiding over Roger Stone’s trial as she handed down a 40-month sentence for the president’s longtime friend, saying his crimes should cause universal “dismay and disgust”. The president has meanwhile been live-tweeting attacks towards his Democratic 2020 rivals after the latest […]
Feb 20

'Cheap shot': Sanders fires back when Bloomberg goes after 'socialism'

Michael Bloomberg attacked Sen. Bernie Sanders at Wednesday’s Democratic presidential debate in Las Vegas, with the billionaire former New York City mayor claiming the self-described democratic socialist’s ownership of multiple homes makes him a hypocrite. Bloomberg also accused Sanders of trying to “throw out capitalism” — something that he said resulted in “communism” in other […]