Getty ImagesPresident Donald Trump said he felt "somewhat" vindicated by House Intelligence Committee Chairman Devin Nunes' announcement on Wednesday that he had seen reports that the intelligence community had "incidentally collected" information about Trump's transition team.
APHouse Intelligence Committee Chairman Devin Nunes is walking back his statement that law enforcement officials may have "incidentally collected" communications involving President Donald Trump's transition team.
Mark Wilson/Getty ImagesRep. Devin Nunes on Wednesday threw a huge wrench into the middle investigations surrounding President Donald Trump, his claims of being wiretapped by his predecessor, and Russia's meddling in the election.
And he now finds himself in a central role after making Republicans and Democrats alike scratch their heads over what appeared to be an unprecedented move.
It is fitting that just a few hours until the Fed's second rate hike in two quarters, and one day after Goldman downgraded global stocks to Neutral for the next 3 months, not to mention with the results of the anticipated Dutch election due shortly, that global stocks as well as S&P futures are higher, while crude oil has finally managed to stage a rebound as the Dollar DXY index is fractionally in the red.
Is the Mexican president looking to salvage something from yesterday's dramatic diplomatic devastation?
According to AP, shortly before his meeting with Theresa May, President Donald Trump spent one hour talking on the phone to the president of Mexico, Pena Nieto, amid "rising tensions" over Trump's proposed wall along the border. Two administration officials confirmed Friday's call.
NEW DELHI: A cautious US Federal Reserve maintained status quo on Federal Funds rates at fourth Federal Open Market Committee meeting in Washington on Wednesday. This is the fourth straight meeting in which the FOMC has decided against a rate hike after raising them for the first time in a decade back in December 2014. "The Committee decided to maintain the target range for the federal funds rate at 1/4 to 1/2 per cent.
NEW DELHI: The first presser of US President-elect Donald Trump could put IT and pharma stocks in a tight spot when the domestic market opens for trading on Thursday. Dow Jones, which was trading near the 20,000 mark ahead of the press conference, quickly pared gains towards the end of the session. However, SGX Nifty was trading with a slight positive bias at the time of writing of this report.
With the Senate already having launched the process of repealing Obamacare when, as reported yesterday, Senate Budget Committee Chairman Mike Enzi released a 2017 budget resolution setting up the process to partially repeal Obamacare early in Donald Trump’s administration, on Wednesday vice president-elect Mike Pence met with Republican congressional leaders to plot the