[ad_1] President Trump suggested during the campaign that he would break up big banks. But Treasury Secretary Stephen Mnuchin said that’s not what he meant. At issue is a Depression-era law known as Glass-Steagall. It prevented Main Street banks that take government-insured deposits from customers from participating in the riskier …
Read More »'Lego Batman' producer, then Treasury sec?…
[ad_1] Steven Mnuchin had a pretty good weekend. First the treasury secretary pick advanced a step closer toward confirmation on Friday. Then his latest movie claimed the top spot at the box office. Mnuchin is an executive producer on Warner Bros.’ “The Lego Batman Movie,” which pulled in an estimated …
Read More »U.S. Treasury slaps sanctions on 8 Venezuela justices…
[ad_1] The Treasury Department on Thursday froze U.S. assets of eight members of Venezuela’s Supreme Court of Justice and barred American citizens from engaging in any financial transactions with them. The agency said the justices were responsible for a number of rulings in the past year that have usurped the …
Read More »5 things to do with $200 that are better than what you'…
[ad_1] Thinking of trying that new restaurant? What about those shoes you’ve had your eye on? Sure, you’ve got big plans for that extra $200 in your pocket. But none of those will actually make you more money in the end. “It would be so easy to go out to …
Read More »Saudi Arabia: We could live with $40 oil in 2020…
[ad_1] Saudi Arabia still loses sleep over the price of oil. Not for much longer. The kingdom says it is making good progress on a plan to break its oil dependency and won’t be bothered if the price drops to $40 a barrel by 2020. “We will not really care …
Read More »You get $500K. But first you have to move to Ohio….
[ad_1] Women entrepreneurs meet with JumpStart staff at a networking event in October 2015 in Cleveland, Ohio. Ohio has a message for women- and minority-led startups: Move to the Buckeye State and you have a real shot at getting funding. Leading the charge is Cleveland-based JumpStart, a nonprofit that invests …
Read More »Boeing cleared to fly the 737 Max, delivers first jet…
[ad_1] Boeing got the “all clear” Tuesday from the Federal Aviation Administration to resume flying its new 737 Max. That came after Boeing’s 737 fleet was briefly grounded starting on May 10 due to engine concerns. Both CFM International, which manufactures the engine, and Boeing (BA) were concerned that an …
Read More »Cutting down trash with bamboo packaging…
[ad_1] To tackle Thailand’s mounting trash problem, one company is turning to the country’s plant life. Universal Biopack makes packaging that it sells to restaurants and manufacturers. But rather than plastic, it uses a mixture of bamboo and cassava, crops that are widely found across the country. After growing rapidly …
Read More »Source: Comey wrote that Trump asked to end Flynn probe…
[ad_1] The memo is the clearest sign yet of potential interference by Trump with the investigation into whether members of his campaign team colluded with Russian officials. “Three words: obstruction of justice,” said CNN’s senior legal analyst Jeffrey Toobin on Tuesday. “Telling the FBI director to close down an investigation …
Read More »Here's how to become a millionaire on $56,000 a year…
[ad_1] When many of us think of millionaires, we picture high-powered executives cruising around town in chauffeured limousines. But you don’t need to earn an extraordinarily high salary to join the ranks of the wealthy. In fact, if you play your cards right, you can become a millionaire on a …
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