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Mnuchin to Congress: Cut taxes or market will dive

Treasury Secretary Steven Munchin, speaking on the eve of the 30th anniversary of the 1987 market crash, predicted stocks will plunge if Congress fails on taxes......»»

Category: marketsSource: CNN11 hr. 39 min. ago Related News

A month after hurricane, 35% of Puerto Rico"s banks are still closed

The devastated electric grid and poor cell service make it difficult to move cash......»»

Category: marketsSource: CNN12 hr. 54 min. ago Related News

Gary Cohn fears this is how the next crisis will happen

Gary Cohn, President Trump's top economic adviser, worries about how reliant the financial system has become on clearinghouses -- the middlemen that ensure the smooth execution of trillions in complex transactions......»»

Category: marketsSource: CNNOct 17th, 2017Related News

This stock has lost almost 20% since the California wildfires

Investors are worried that PG&E could be found liable......»»

Category: marketsSource: CNNOct 17th, 2017Related News

Time to resurrect First Boston?

Investors are pressuring Credit Suisse to rethink its business, which could involve reviving the First Boston investment banking brand......»»

Category: marketsSource: CNNOct 17th, 2017Related News

With or without Obamacare, insurers are thriving

Most health care insurers have reported a big jump in sales, profits and their stock price in the past seven years, despite all the turmoil surrounding the Affordable Care Act and President Trump's plans to try and replace it......»»

Category: marketsSource: CNNOct 13th, 2017Related News

Wells Fargo legal headaches are hurting profits

Wells Fargo's pre-crisis subprime mortgage troubles are coming back to haunt the bank a decade later. The big bank said on Friday that third-quarter profits tumbled by 18% because it set aside $1 billion for legal expenses.....»»

Category: marketsSource: CNNOct 13th, 2017Related News

Quest: It"s the IMF vs. Donald Trump

Read Richard Quest's weekly Profitable Moment......»»

Category: marketsSource: CNNOct 13th, 2017Related News

London luxury property is still glitzy for Middle East investors

Read full story for latest details......»»

Category: marketsSource: CNNOct 12th, 2017Related News

Oil giant Shell bets on electric cars

Royal Dutch Shell revealed a deal on Thursday to acquire NewMotion, one of Europe's largest electric vehicle charging providers......»»

Category: marketsSource: CNNOct 12th, 2017Related News

JPMorgan earns $6.7 billion thanks to Main Street

JPMorgan Chase, the nation's largest bank by deposits, reported a solid increase in earnings thanks to strong demand for credit cards, auto loans and mortgages. Consumer lending picked up the slack for weak trading revenues......»»

Category: marketsSource: CNNOct 12th, 2017Related News

Bull market is 103 months old. Trump owns 11 of them

President Trump often brags about the stock market being at a record. But he never mentions that he inherited a bull market that began long before his candidacy......»»

Category: marketsSource: CNNOct 11th, 2017Related News

What emotion is driving the market now?

.....»»

Category: marketsSource: CNNOct 11th, 2017Related News

Trump"s NAFTA agenda has "poison pill proposals," says U.S. Chamber of Commerce

Round four of NAFTA negotiations begin in Washington on Wednesday and little, if any, progress has been made on the thorny issues. Business advocates say President Trump's agenda has 'several poison pill proposals.'.....»»

Category: marketsSource: CNNOct 11th, 2017Related News

Food fight! Germany"s HelloFresh files for IPO

HelloFresh joins a crowded market for food delivery services. The U.K.-based food provider Bakkavor, which sells its products to big grocery chains, is looking to go public too. Both hope to do better than Blue Apron did after it went public......»»

Category: marketsSource: CNNOct 10th, 2017Related News

How Trump"s tax plan could backfire on Wall Street

Wall Street is excited about Trump's promise to slash corporate taxes. But some fear that euphoria may be overdone......»»

Category: marketsSource: CNNOct 10th, 2017Related News

5 banks and $21 billion in profits. Get set for a big week in earnings

This week in stocks: $21 billion in big bank profits set to rain down, NAFTA talks resume and more......»»

Category: marketsSource: CNNOct 8th, 2017Related News

Washing machine wars: U.S. backs Whirlpool in trade fight with Samsung

Whirlpool has scored a trade victory that could allow President Trump to limit the number of washing machines imported by South Korea's LG and Samsung......»»

Category: marketsSource: CNNOct 6th, 2017Related News

Banks consider fleeing Catalonia over split from Spain

Catalonia could lose two of Spain's biggest banks if political leaders in the region press ahead with a threat to declare independence......»»

Category: marketsSource: CNNOct 5th, 2017Related News

Premarket: 7 things to know before the bell

Here's what you need to know about the markets before you start your business day......»»

Category: marketsSource: CNNOct 5th, 2017Related News