domestic politics

Yellen, pushed aside by Trump, returns to center stage of economic policy | Greg Robb, , Robert Schroeder

Former Fed Chairwoman Janet Yellen needed a second time period on the helm of the central financial institution however President Donald Trump had different concepts. Now Yellen is anticipated to…

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Student Loan Losses Seen Exceeding $400 Billion | msnNOW

The projected poisonous debt approaches the size of subprime-mortgage losses incurred by personal lenders through the 2008 monetary disaster.

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WSJ News Exclusive | Student Loan Losses Seen Costing U.S. More Than $400 Billion | Josh Mitchell

The projected poisonous debt approaches the dimensions of subprime-mortgage losses incurred by non-public lenders through the 2008 monetary disaster.

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Trump isn’t going quietly and fiscal stimulus won’t come easily, but investors have bigger things to worry about | Andrea Riquier

2020 has already been a 12 months for the file books, and by some reckoning the toughest components are nonetheless forward.

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Biden Wants to Shore Up and Expand Social Security. His Tax Pitch Is Likely a Nonstarter. | Daisy Maxey

President-elect Joe Biden has made quite a few proposals to shore up Social Safety and increase advantages to the lowest-income recipients. Now his concepts are about to satisfy a divided Congress.

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Prime money-market funds on the regulatory hot seat

www.marketwatch.com | Feeling the warmth, the mutual fund business is gearing up for a regulatory skirmish. The house web page of the Funding Firm Institute, the business's …

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Freddie Mac CEO Quits as Prospects Dim for Exit From Government Control | Andrew Ackerman

www.wsj.com | WASHINGTON—The chief govt of mortgage-finance firm Freddie Mac plans to step down in January, the corporate mentioned in a securities submitting Friday, a shock transfer that comes as prospects dim for an exit from authorities management for the agency and its …

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‘Constitutional crisis’ could unleash wave of stock-market selling, says CNBC’s Cramer | Mark DeCambre

The market has largely loved a bullish run-up since Election Day final week however CNBC’s “Mad Cash” host Jim Cramer thinks inventory market buyers are being…

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Asian markets surge, as investors relieved that U.S. election finally decided | Associated Press

Sturdy Chinese language commerce knowledge launched over the weekend additionally helped. Many within the area count on commerce tensions to de-escalate beneath a Biden presidency, a plus for…

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Gold logs biggest weekly rise in 3 months as U.S. dollar slumps | MarketWatch

Gold futures end greater Friday to increase their achieve to a seven-week excessive Friday, notching the largest weekly rise since July amid the sharpest weekly fall…

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