Category: Finance News

Nov 1

The Tell: The stock market’s ‘presidential predictor’ is forecasting a Biden victory

Scott Olson/Getty Images The stock market’s Friday fall spells trouble for President Donald Trump’s re-election hopes. The “Presidential Predictor,” popularized by Sam Stovall, CFRA’s chief investment strategist, tracks the S&P 500 index’s SPX, -1.21% presidential election-year performance from July 31 to Oct. 31. Going back to 1944, it’s found that a positive move over that […]
Oct 31

Lincoln Project targets 3 deep red states with million-dollar ad buy as election map ‘turning against’ Trump

WASHINGTON — With just three days left until the election, President Trump’s enemies are seeing new opportunities in staunchly red states. The Lincoln Project, a conservative-led political action committee dedicated to eroding President Trump’s support among Republicans, announced on Saturday that it is buying over $1 million of ads in Georgia, Montana and South Carolina […]
Oct 31

‘You change police culture, you change American culture’: Police officers choose sides on killing of Walter Wallace Jr.

On Monday, Oct. 26, Walter Wallace Jr., a 27-year-old Black man who suffered from bipolar disorder, was fatally shot by Philadelphia police officers as he was walking toward them. He was apparently experiencing a mental health crisis and was wielding a knife.  Wallace’s family had called an ambulance for assistance before the killing, but police […]
Oct 31

'A global conspiracy against God and humanity': Controversial Catholic archbishop pushes QAnon themes in letter to Trump

A controversial figure within the Roman Catholic Church made waves in the online world of QAnon Friday, after his open letter to President Trump was quoted in a post from the anonymous leader of the cultlike conspiracy movement.  The letter by Archbishop Carlo Maria Viganò, a former Vatican ambassador to the United States and outspoken […]
Oct 31

How Biden and Trump differ on housing-finance reform

For more than a decade, housing-finance giants Fannie Mae FNMA, -2.59%  and Freddie Mac FMCC, -1.09%  have remained in conservatorship after being bailed out amid the Great Recession. Fannie and Freddie’s shareholders have been kept in limbo throughout those years — they’ve watched as the enterprises’ profits were swept to the Treasury Department to repay […]
Oct 30

Louisville police officer sues Breonna Taylor's boyfriend for shooting him during deadly raid

A Louisville, Ky., police sergeant who was shot and injured by Breonna Taylor’s boyfriend, Kenneth Walker, during the botched raid that left Taylor dead is suing Walker on allegations of assault, battery and intentional emotional distress. In the lawsuit filed Thursday in Jefferson Circuit Court in Louisville, Sgt. Jonathan Mattingly alleges Walker acted recklessly when […]