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Politics

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Federal Reserve Raises Interest Rates

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On Wednesday, the Federal Reserve declared its intent to raise short-term interest rates and to continue raising them throughout the year, as part of a more aggressive tactic to drain money from the financial system as economic growth continues. According to F... More »

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Dow Climbs to 21,000 for First Time

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Trump’s optimistic tone in his Tuesday night speech and a hawkish Fed sparked the 300 point Dow push, surging to 21,000 points. Stocks have gone through the roof since November, with the Dow index surpassing 19,000, 20,000 (and now 21,000) points since Trump’s... More »

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Trump Scaling Back Dodd-Frank Act

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President Trump pushed forward a series of directives to roll back financial regulations on Friday, after extolling financial leaders in a White House meeting. President Trump signed two executive actions today to scale back the 2010 Dodd-Frank Wall Street Ref... More »

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Today in Finance: January 4, 2017

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Quick recap of yesterday morning: equity trading saw a spike by roughly 175-180 points in the first 30 minutes of trading. Three major factors contributed to this bullish start, including higher oil prices, optimism about the economy (based on economic perform... More »