Politics

By Stuart Varney Published January 17, 2019 Opinion FOXBusiness Facebook Twitter Comments Print video Rep. Steny Hoyer has thrown doubt on the Democrats' unity: Varney FBN's Stuart Varney on Rep. Steny Hoyer, (D-MD.), splitting with Speaker of the House Nancy Pelosi, (D-Calif.), over a potential border wall. This came as a big surprise: a senior Democrat has split with Speaker Pelosi. He's parted ways on the biggest issue of the day: the wall. Continue Reading Below Steny Hoyer is the House majority leader. He told Bret Baier, on Fox News, “I don't think building a border wall is an issue of morality." Speaker Pelosi has repeatedly said the wall is "immoral.” MORE FROM FOX BUSINESS ... DEMOCRATS TO BLAME FOR LONG SECURITY LINES AT AIRPORTS: VARNEY ALEXANDRIA OCASIO-CORTEZ GIVING 'OLD GUARD' DEMOCRATS A FIT: VARNEY TRUMP SAYS CHINESE MORE HONORABLE THAN DEMOCRAT LEADERS: VARNEY Hoyer went on to say that "the … [Read more...] about Steny Hoyer has thrown doubt on Democrats’ unity: Varney

NA Chairwoman Nguyen Thi Kim Ngan welcomes Deputy Speaker of the Hungarian NA Jakab Istvan (L). At a reception for the visiting Deputy Speaker of the Hungarian NA, Jakab Istvan, in Hanoi on January 17, the top Vietnamese legislator thanked Hungary for its support for Vietnam in boosting cooperation with the European Union (EU), including accelerating the early signing and ratification of the EU-Vietnam Free Trade Agreement (EVFTA). She said she hopes that Hungary would continue to support Vietnam in this issue while affirming Vietnam’s readiness to serve as a bridge connecting Hungary to ASEAN - a dynamic and great potential market with more than 600 million people. The Vietnamese NA leader praised Hungary for removing all obstacles for the implementation of a framework agreement on a credit package worth nearly EUR 60 million in order to build the Can Tho tumour hospital. The hospital will meet the demand for medical examination and treatment of around 20 million residents … [Read more...] about Vietnam, Hungary foster parliamentary partnership

By Megan Henney Published January 17, 2019 Government Spending FOXBusiness Facebook Twitter Comments Print video Economists warn that US growth could slow if shutdown continues University of Maryland professor Peter Morici discusses how the partial government shutdown is affecting U.S. economic growth. As the partial government shutdown stretched into its fourth week, officially becoming the longest in U.S. history, a growing number of furloughed workers are beginning to feel the financial pain. Continue Reading Below Last week, hundreds of thousands of government workers missed their first paychecks as a result of a funding lapse that started on Dec. 22. Now, some are beginning to dip into their retirement funds to make ends meet. MORE FROM FOXBUSINESS.COM... 8 COMMON QUESTIONS AMERICANS HAVE ABOUT THE PARTIAL GOVERNMENT SHUTDOWN GOVERNMENT SHUTDOWN: WHAT TOP LAWMAKERS ARE PAID WHITE HOUSE RE-EVALUATES ECONOMIC EFFECT OF … [Read more...] about Federal workers dipping into retirement funds as shutdown continues

Published January 17, 2019 Financials Reuters Facebook Twitter Comments Print video Impact of an extended government shutdown Citi Private Bank Global Chief Strategist Steven Wieting on the impact of the government shutdown and Federal Reserve policy on the markets and economy. The U.S. government shutdown over President Donald Trump's call for Congress to fund a wall he promised to build on the U.S.- Mexican border is threatening another campaign pledge to make rules easier to navigate for banks and corporations. Continue Reading Below The partial shutdown, sparked by a standoff between Democrats and Republicans over how to address Trump's demand, is already the longest ever, entering its 27th day on Thursday with no signs of a resolution. The Trump administration has outlined plans to ease bank rules, overhaul corporate governance, and boost financial innovation, sparking hopes among executives that they would already start to feel the … [Read more...] about Shutdown is starting to hurt Trump’s financial deregulations agenda

Brexit is beginning to look a lot like an "escape room" with no exit. An escape room is an increasingly popular adventure game that requires participants to solve a series of puzzles before they can leave the room and advance into another one with additional riddles. Brexit now seems to be a riddle that can't be solved, after U.K. lawmakers voted down Prime Minister Theresa May's plan to leave the European Union. This means there's no way to "win," yet no clear way to end the game that began with a 2016 referendum. That's bad news for the British. But based on my research on international business, that's bad news for U.S. businesses and the "special relationship" between the two countries as well. This decades-long relationship, based on common values and similar views on global issues, has been weakened by President Donald Trump and will deteriorate further without a post-Brexit plan. The Brexit puzzle The first escape room was relatively easy to solve, consisting of just one … [Read more...] about Brexit: An ‘escape room’ with no escape