NEW YORK — Donald Trump's stunning victory for the White House may mark the long-awaited end to the more than 30-year-old bull run in bonds, as bets on faster U.S. growth and inflation lead investors to favor stocks over bonds. A two-day thumping wiped out more than $1 trillion across global bond markets worldwide, the worst rout in more than a year, on bets that plans under a Trump administration would boost business investments and spending while firing up inflation.
WASHINGTON — Hillary Clinton blamed FBI director James Comey for her stunning defeat in Tuesday's presidential election in a conference call with her top campaign funders on Saturday, according to two participants who were on the call. Clinton was projected by nearly every national public opinion poll as the heavy favorite going into Tuesday's race. Instead, Republican Donald Trump won the election, shocking many throughout the nation and prompting widespread protests.
LOS ANGELES -- Leonard Cohen, rock music's man of letters whose songs fused religious imagery with themes of redemption and sexual desire, earning him critical and popular acclaim, has died...
CHICAGO (Reuters) - A former U.S. representative whose lavish office in Washington raised questions about use of taxpayer dollars was indicted on Thursday on charges of defrauding the federal government and campaign committees and attempting to cover it up, according to court documents.
SAN DIEGO — A U.S. judge on Thursday tentatively rejected a bid by Donald Trump to keep a wide range of statements from the presidential campaign out of an upcoming fraud trial over his Trump University venture. The ruling came in advance of a pretrial hearing later on Thursday where lawyers for the president-elect will square off against students who claim they were they were lured by false promises to pay up to $35,000 to learn Trump's real estate investing "secrets" from his "hand-picked" instructors.
WASHINGTON — U.S. Democrats' liberal firebrand, Senator Elizabeth Warren, threw down the gauntlet to President-elect Donald Trump on Thursday, telling labor union members there are financial and social issues where her party will fight him and continuing to blast the Republican. Battling bigotry is the first job for Democrats after the election, said Warren, of Massachusetts, giving a sense of how her party will operate now that it no longer controls the White House and remains the minority in both chambers of Congress.
WASHINGTON -- President Barack Obama greeted President-elect Donald Trump at the White House on Thursday, Nov. 10, the first public step in a transition of power after the Republican businessman's...
ST. LOUIS — The Republican sweep of the White House and Congress could break the current gridlock over national policy in a potential boon to the U.S. economy, St. Louis Federal Reserve bank president James Bullard said on Thursday. Bullard said the potential positives from Tuesday's outcome, including the possibility of regulatory reform and a boost to growth through new infrastructure spending, for now outweighed any concern about volatility in financial markets surrounding President-elect Donald Trump's surprise victory.
WASHINGTON — The number of Americans filing for unemployment benefits fell more than expected last week, underscoring the robustness of the labor market. Initial claims for state unemployment benefits dropped 11,000 to a seasonally adjusted 254,000 for the week ended Nov. 5, the Labor Department said on Thursday. Claims for the prior week were unrevised. It was the 88th consecutive week that claims remained below 300,000, a threshold associated with a healthy labor market. That is the longest stretch since 1970, the department said.
CHICAGO/NEW YORK—Throngs of demonstrators marched in cities across the United States on Wednesday to protest Republican Donald Trump's surprise victory in the U.S. presidential election, blasting his controversial campaign rhetoric about immigrants, Muslims and other groups. In New York, thousands of protesters filled streets in midtown Manhattan as they made their way to Trump Tower, Trump's gilded home on Fifth Avenue, while hundreds of others gathered at a Manhattan park and shouted "Not my president."