AP Top Extended Financial Headlines at 10:59 p.m. EDT
Treasury Secretary Janet Yellen and her team are returning to Washington after a visit to China where they tried to tackle the biggest economic issues between the countries
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Are Stocks Going to Crash if Joe Biden Wins and Democrats Control Congress? Here's What History Says About Stock Market Returns When Democrats Win.
History provides a transparent outlook for investors if Joe Biden wins in November and Democrats control Congress.
Motley Fool•Powell Is Poised to Keep Fed on Higher-for-Longer Path
(Bloomberg) -- Jerome Powell’s remarks in the coming week will be closely parsed by investors for any clues on just how long the Federal Reserve is willing to wait before cutting interest rates.Most Read from BloombergBHP’s $39 Billion Copper Play Was Years in the MakingFed Repricing Gives Rise to New Equities Playbook in AsiaMusk Makes Surprise China Visit, a Week After Nixing IndiaElliott Said to Have Built ‘Large’ Stake in Buffett-Favored SumitomoApple Intensifies Talks With OpenAI for iPhone
Bloomberg•Trump to set interest rates himself under secret presidential plan
Donald Trump’s aides have drawn up secret plans to oust the chairman of the Federal Reserve and allow the president to set interest rates, according to reports.
The Telegraph•Why China Keeps Making More Cars Than It Needs
Despite overcapacity, government officials keep supporting automakers, unleashing “new productive forces” and adding to trade tensions.
The Wall Street Journal•50% of Those on Social Security Face Losses Averaging Over $3,000 Because of This Problematic Rule
Those on Social Security are losing thousands because of laws passed in 1983 and 1993. Here's why.
Motley Fool•Donald Trump's Crypto Investments Could Help Pay Back His $450M In Damages
Former President Donald Trump was ordered to pay $355 million in penalties for fraud charges and profits on the sale of different assets. The penalties have been accumulating interest at a rate of 9% per year and have snowballed to current liabilities above $450 million. The fine is growing at a rate of $2.6 million per month. The penalties have put Trump at risk of the court seizing his assets. With a costly presidential campaign and high levels of financial scrutiny, Trump's ability to repay t
Benzinga•This week in Bidenomics: Inflation staycation
The disappearance of inflation is one break President Biden seems unlikely to get in his reelection bid.
Yahoo Finance•Biden’s new overtime rule could help millions of ‘stuck’ salaried workers. But there are hurdles ahead.
The new rule expands the number of employees eligible for extra pay after working more than 40 hours. Legal challenges have derailed previous changes.
MarketWatch•Thailand Picks Capital Markets Veteran as Finance Chief
(Bloomberg) -- Prime Minister Srettha Thavisin named capital markets veteran Pichai Chunhavajira as Thailand’s new finance minister in an appointment that may ease tensions between the premier and the central bank over monetary policy. Most Read from BloombergBHP’s $39 Billion Copper Play Was Years in the MakingFed Repricing Gives Rise to New Equities Playbook in AsiaMusk Makes Surprise China Visit, a Week After Nixing IndiaElliott Said to Have Built ‘Large’ Stake in Buffett-Favored SumitomoAppl
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