Special Counsel Weighs Seeking an Interview With Trump
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Special Counsel Robert Mueller has informed lawyers for President Donald Trump that he may seek an interview with the president early this year, according to a person familiar with the matter.
Federal Regulators Rule Against Trump Administration on Power Plants
Federal energy regulators Monday rejected a Trump administration proposal aimed at shoring up struggling coal-fired and nuclear power plants.
U.S. Consumer Credit Posts Largest Gain in 16 Years
Outstanding consumer credit rose by $27.95 billion in November from the prior month, the biggest increase since November 2001, according to new data from the Federal Reserve.
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Fed Officials Encourage Reassessment of Inflation Target
Two Federal Reserve officials said the central bank should consider changes in its inflation-targeting framework to create more ammunition to respond to future downturns.
Fed's Bostic Raises Concerns About Inflation Expectations
Atlanta Fed President Raphael Bostic said the possibility that the public isn't convinced inflation will rise much "might argue for being somewhat more patient in raising rates, even as the inflation rate moves toward" the central bank's 2% annual target.
Bill Aims to Make Companies File for Bankruptcy Closer to Home
Senate lawmakers have introduced a bill that would force struggling companies to file for bankruptcy protection in a courtroom close to their headquarters, closing a controversial loophole that has enabled the country's biggest restructurings to unfold in New York and Delaware.
Finra to Examine Off-Exchange Trading
Regulators have expressed worry for years that too much trading has migrated away from stock exchanges and onto private systems operated by brokers. Now Wall Street's self-policing arm will be examining how often the arrangement benefits investors and not just brokers.
A Crypto Website Changes Its Data, and $100 Billion in Market Value Vanishes
Prices for some of the most popular cryptocurrencies dropped sharply Monday. One apparent reason: an adjustment from a popular website on its digital-currency price quotes.
S&P 500 Extends Record Run
The S&P 500 inched higher Monday, extending this year's run of records. The Nasdaq also closed at a fresh high, while the Dow industrials edged down.
Oil Prices Hold Gains on Tighter U.S. Stocks, Global Supply
Crude prices rose Monday, holding onto robust gains made last week on tighter stocks in the U.S. and perceived risks to global supply.
(END) Dow Jones Newswires
January 08, 2018 21:15 ET (02:15 GMT)