Maryland Gov. Hogan tangles with David Hogg over support for police, investment in minority communities

Maryland Gov. Larry Hogan, a Republican, got into a tense exchange with former Parkland student and gun control activist David Hogg at a Harvard Institute of Politics event Thursday night over Hogg’s accusation that Hogan cares more about investing in police than helping minority communities. Hogan, amid rumors he is considering a 2024 presidential run, is […]

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Heated Exchange During Barr’s Testimony Over Roger Stone Case

new video loaded: Heated Exchange During Barr’s Testimony Over Roger Stone Case transcript Back bars 0:00/1:19 –1:19 transcript Heated Exchange During Barr’s Testimony Over Roger Stone Case Rep. Hank Johnson of Georgia questioned Attorney General William P. Barr about his intervention to recommend a shorter prison sentence for President Trump’s longtime friend Roger J. Stone […]

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Kendrick Perkins responds to Lou Williams | Get Up

Kendrick Perkins responds on Get Up to LA Clippers’ Lou Williams following a Twitter exchange between the two. #GetUp #NBA ✔️Subscribe to ESPN+ https://plus.espn.com/ ✔️ Get the ESPN App: http://www.espn.com/espn/apps/espn ✔️Subscribe to ESPN on YouTube: http://es.pn/SUBSCRIBEtoYOUTUBE ✔️ Subscribe to NBA on ESPN on YouTube: http://bit.ly/SUBSCRIBEtoNBAonESPN ✔️ Watch ESPN on YouTube TV: http://es.pn/YouTubeTV ESPN on Social […]

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Longer, greener, broader: strategies for a world awash in new bonds

© Reuters. New York Stock Exchange opens during COVID-19 By Dhara Ranasinghe LONDON (Reuters) – Century bonds and green bonds, the first 20-year U.S. Treasury issue in decades, securities for mom-and-pop investors and with growth-linked payouts — a borrowing binge is forcing governments to think creatively to get the funds they need. Net bond issuance […]

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London Stock Exchange’s FTSE Russell joins Libor replacement race

© Reuters. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain By Huw Jones LONDON (Reuters) – London Stock Exchange (L:) index compiler Russell began publishing forward-looking interest rates on Monday, entering a four-way race for a new market opened up by the scrapping of Libor next year. […]

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Gunmen Wage a Deadly Battle at Pakistan’s Stock Exchange in Karachi

Gunmen tried to storm Pakistan’s stock exchange in the city of Karachi on Monday morning, killing at least four security officers, officials said. Officials reported that four gunmen drove up to the gate in front of the exchange, and that two managed to enter the parking area before all four were killed in a firefight […]

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Newly vacant lot, once site of Ray’s Music Exchange mural, serves as powerful backdrop for state rep’s TED Talk

State Rep. Kam Buckner gives his TED Talk in a vacant lot where Ray’s Music Exchange mural from The Blues Brothers was. | Provided State Rep. Kam Buckner is one of a several speakers for the TEDxWrigleyville talks about humanity and leadership in the middle of a global pandemic airing Sunday. He filmed his in […]

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SEC’s Clayton stumbles on timeline of New York prosecutor’s job

2/2 © Reuters. U.S. Securities and Exchange Commission Chairman Jay Clayton, testifies before a House Committee on Financial Services hearing in Washington 2/2 By Katanga Johnson WASHINGTON (Reuters) – Appearing before U.S. lawmakers less than a week after his potential nomination for the top federal prosecutor’s job in New York sparked a political storm, Securities […]

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SEC’s Clayton says possible U.S. Attorney’s job first raised last weekend

WASHINGTON (Reuters) – U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton said on Thursday he first learned President Donald Trump was considering nominating him to be the U.S. Attorney in New York last weekend. “This was first raised for the president and the attorney general last weekend,” Clayton said in his testimony before a […]

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As Lebanese pound crumbles, Berri urges ‘financial state of emergency’

© Reuters. FILE PHOTO: Lebanese pound banknotes are seen at a currency exchange shop in Beirut BEIRUT (Reuters) – Parliament speaker Nabih Berri urged Lebanon’s government, central bank and commercial banks on Wednesday to declare a “financial state of emergency” and review all steps to protect the collapsing currency. He also said Lebanon would not […]

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Supreme Court Limits S.E.C.’s Power to Recoup Ill-Gotten Gains

WASHINGTON — The Supreme Court ruled on Monday that the Securities and Exchange Commission may ask courts to order disgorgement of ill-gotten profits, preserving a tool that has allowed it to recover billions of dollars. But the justices said courts should place significant limits on what kinds of disgorgements are permissible. Three years ago, the […]

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Supreme Court limits SEC power to recover ill-gotten gains

The Supreme Court on Monday placed limits on the Securities and Exchange Commission’s practice of forcing defendants to surrender profits obtained through fraud as part of its enforcement of investor-protection laws in federal courts. The court reaffirmed the agency’s authority to seek disgorgement, a part of its civil enforcement arsenal aimed at passing on funds […]

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Jay Clayton, Low-Profile Regulator, Is Catapulted Into a Political Fight

After three years at the helm of the Securities and Exchange Commission, Jay Clayton had made it known to colleagues, friends and the Trump administration that he was itching to go back to New York. The longtime and highly-paid corporate lawyer, who had spent his career at Sullivan & Cromwell representing some of the world’s […]

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Cash flows into U.S. growth funds surge, value funds see outflows

© Reuters. New York Stock Exchange opens during COVID-19 By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – U.S. investors have ramped up investments in growth funds over the past few months on expectations of higher returns and safety, while they dumped value funds despite cheaper prices after this year’s pandemic-linked selloff. Data from Lipper showed […]

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After jolt, investors still see stocks as long-term bet

© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) as the building prepares to close indefinitely due to the coronavirus disease (COVID-19) outbreak in New York By Kate Duguid and Megan Davies NEW YORK (Reuters) – An interruption to a searing rally gave a jolt to equity investors […]

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Take Five: Pump it up

© Reuters. New York Stock Exchange opens during COVID-19 (Reuters) – 1/ROBINHOOD AND THE MERRY TRADERS “Rise and rise again until lambs become lions,” runs an oft-quoted line from the 2010 film ‘Robin Hood’. The motto is being taken seriously by all those merry men and maidens chasing shares in little-known or even bankrupt firms, […]

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OECD sees deepest peace-time slump in a century

© Reuters. A view of a nearly deserted Broad street and and the New York Stock Exchange in the financial district of lower Manhattan in New York By Leigh Thomas PARIS (Reuters) – The global economy will suffer the biggest peace-time downturn in a century before it emerges next year from a coronavirus-inflicted recession, the […]

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Prepping portfolios for next market storm? Not just gold and govvies

© Reuters. FILE PHOTO: Traders on the floor of the New York Stock Exchange during the coronavirus outbreak, USA By Saikat Chatterjee and Dhara Ranasinghe LONDON (Reuters) – G7 government bonds? Check. Gold? Check. But that may not be enough as the coronavirus crisis accelerates a hunt for a wider pool of assets to better […]

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Wall Street Week Ahead: Bond investors look for Fed to justify steepening yield curve

© Reuters. New York Stock Exchange opens during COVID-19 By David Randall NEW YORK (Reuters) – Expectations that the global economy has dodged the worst-case coronavirus pandemic scenarios have led to a dramatic sell-off in U.S. government bonds from their record highs, pushing the yield curve to its steepest level since March. Investors will get […]

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Brazil posts $3 billion FX inflow in May, first surplus since July last year

BRASILIA (Reuters) – Brazil posted a net foreign exchange inflow of $3.1 billion in May, central bank figures showed on Wednesday, its first net inflow since July last year. The figures showed a surplus of almost $4 billion from trade-related FX contracts and an outflow of $882 million from financial FX contracts, resulting in the […]

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Exclusive: Argentina says new debt revamp proposal in right direction, still falls short

© Reuters. Pedestrians walk past the facade of the Buenos Aires Stock Exchange, in Buenos Aires BUENOS AIRES (Reuters) – Argentina’s economy minister said on Friday that a newly received debt restructuring proposal from two creditor groups was a step in the right direction, but still fell short of what the country needed to strike […]

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Despite rally, 2020 to be worst year for stocks in nearly a decade: Reuters poll

2/2 © Reuters. FILE PHOTO: New York Stock Exchange opens during COVID-19 2/2 By Rahul Karunakar BENGALURU (Reuters) – This year will be the worst for many world stock markets in nearly a decade at least, although a majority of equity strategists polled by Reuters say top indexes will not revisit lows struck this March […]

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