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U.S. Justice Department teams up with states on probe of Big Tech firms8/20/2019 10:25:54 PM The U.S. Justice Department is working with a group of more than a dozen state attorneys general as it moves forward with a broad investigation into major technology companies, the department's antitrust chief, Makan Delrahim, said on Tuesday.
Open Arms ship to be seized by Italian prosecutor, migrants to disembark8/20/2019 10:17:34 PM An Italian prosecutor ordered on Tuesday the seizure of the Open Arms migrant ship and the evacuation of the migrants on board, ending a prolonged stand-off between the Spanish charity and the government in Rome.
Migrants disembark Open Arms NGO ship in Italian port of Lampedusa8/20/2019 10:17:16 PM Nearly one hundred migrants who had been stranded on the Open Arms charity ship off the coast of Lampedusa started coming off the boat and onto the Italian island on Tuesday night.
Trump, advisers looking at ways to boost U.S. economy as markets fear recession8/20/2019 10:14:42 PM Even as they reject talk of a looming recession, President Donald Trump and his advisers are examining ways to provide a boost to the U.S. economy should it be deemed necessary, officials said.
Trump White House seeks to assuage farmer unrest over biofuel policy: sources8/20/2019 10:13:14 PM President Donald Trump's administration has been scrambling to stem the tide of rising anger in Farm Belt states after its decision this month to allow numerous oil refiners to mix less ethanol into their gasoline, sources told Reuters on Tuesday.
U.S. Steel plans to lay off hundreds of workers in Michigan8/20/2019 9:46:41 PM United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with the State of Michigan.
Trump says White House talking to Democrats on gun legislation8/20/2019 9:32:06 PM President Donald Trump said on Tuesday his administration was in meaningful talks with Democrats on gun legislation after the latest mass shootings to rock the United States, but congressional aides downplayed the discussions as low-level and not very productive.
Wall Street rally ends as financial shares slide8/20/2019 9:22:47 PM Financial shares led U.S. stocks lower on Tuesday to end a three-day rally as investors awaited comments from Federal Reserve Chair Jerome Powell at the end of the week.
Safe havens rise as recession concerns trigger easing bets8/20/2019 9:17:17 PM Investors on Tuesday sought traditional safe havens, including the Japanese yen and U.S. Treasuries, even as there were signs that more economic stimulus was on its way, as markets focused on concerns over a global deceleration.
DoubleLine's Jeffrey Gundlach says Federal Reserve has lost control8/20/2019 9:13:56 PM The Federal Reserve has lost control of interest rates as evidenced by the federal funds rate trading higher than any part of the U.S. Treasury yield curve, Jeffrey Gundlach, the chief executive of DoubleLine Capital, said on Tuesday.
Hong Kong leader says dialogue and 'mutual respect' offer way out of chaos8/20/2019 8:37:00 PM Hong Kong leader Carrie Lam said on Tuesday she hoped a peaceful weekend anti-government protest was the start of efforts to restore calm and that talks with non-violent protesters would provide "a way out" for the Chinese-ruled city.
It's the Fed, but the world will have its say8/20/2019 8:24:40 PM The U.S. Federal Reserve has a purely domestic mandate, answerable to an elected Congress and facing nearly daily demands from an outspoken president.
Who's tracking you? Facebook users to get more control over data8/20/2019 8:04:18 PM Facebook Inc said on Tuesday it was tweaking its policies to allow users to see and control the data that the social network gathers from their browsing habits on other websites and apps.
Boeing hiring as it targets 737 MAX fights resuming 'early fourth quarter'8/20/2019 8:01:05 PM Boeing Co said on Tuesday it plans to add extra staff and hire "a few hundred" temporary employees at an airport in Washington state where it is storing many grounded 737 MAX jetliners, a key step in its best-case plan for resuming deliveries to airline customers in October.
Italian PM resigns, denounces Salvini for sinking government8/20/2019 7:45:01 PM Italy's prime minister resigned on Tuesday after launching a blistering attack on his own interior minister, Matteo Salvini, accusing him of sinking the ruling coalition and endangering the economy for personal and political gain.
U.S. oil firms challenge pipeline surcharge for steel tariff: filing8/20/2019 7:43:58 PM Two U.S. shale producers have challenged an energy pipeline operator's proposed surcharge for the Trump administration's 25% tariff on imported steel, raising the stakes for pipeline builders facing higher construction costs.
U.S. regulators hand Wall Street a major win with stripped-down 'Volcker Rule'8/20/2019 7:39:04 PM U.S. banking regulators on Tuesday eased trading regulations for Wall Street banks, giving them one of their biggest wins under the Trump administration but drawing criticism from consumer activists who warned of potential risks to taxpayers.
Three more women sue Epstein's estate over alleged abuse8/20/2019 7:31:23 PM Three women on Tuesday sued the estate of Jeffrey Epstein, saying they were sexually abused by the financier, both before and after the widely criticized 2007 plea deal that allowed him to avoid federal prosecution for sex crimes.
U.S. yield curve: Invert, steepen, repeat8/20/2019 7:26:49 PM A swift steepening of the U.S. 2-year/10-year yield curve after it inverted last week may have given investors hope that the United States can escape recession. They should probably take a breath.
Inverted what? Searches for obscure financial term spike on Google8/20/2019 7:26:49 PM Searches on Google for "inverted yield curve" have spiked after the unusual bond market phenomenon presented itself last week for the first time in over 12 years and helped tank Wall Street amid chatter that an economic downturn was imminent.