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Sessions opens Friday address with joke about Russian contacts

That's Attorney General Jeff Sessions attempting levity at the outset of an address Friday to the annual lawyers convention of the conservative- and libertarian-leaning Federalist Society.

6:02 p.m. Today
Fed speeches show readiness to raise rates next month and a wariness about next recession

A flurry of Fed speakers this week signaled the central bank will move ahead with a rate hike next month and that officials are mulling how to combat the next downturn

5:23 p.m. Today
Senate bill has provision favorable to private jet owners

Private jet owners won’t have to pay certain taxes if the Senate’s version of Republicans’ tax overhaul becomes law, incensing Democrats who say the bill doesn’t benefit the middle class.

4:37 p.m. Today
Rev. Jesse Jackson says he has been diagnosed with Parkinson’s disease

Civil rights activist Rev. Jesse Jackson announced Friday that he has been diagnosed with Parkinson’s disease.

4:36 p.m. Today
Trump adds five names to list of Supreme Court candidates

President Donald Trump has added five names to the list of people he would consider nominating to the Supreme Court, the White House said Friday. They are Amy Barrett, a judge of the U.S. Court of Appeals for the Seventh Circuit; Britt Grant, a justice of the Georgia Supreme Court; Brett Kavanaugh, a judge on the U.S. Court of Appeals for the District of Columbia Circuit; Kevin Newsom, a judge of the U.S. Court of Appeals for the Eleventh Circuit; and Patrick Wyrick, a justice of the Oklahoma Supreme Court. They join 20 other individuals on Trump's list.

4:32 p.m. Today
The Trump tax calculator — will you pay more or less?

With the Senate Finance Committee approving its tax-cut legislation while House Republicans passed their version, MarketWatch has the calculator to show how the bills would potentially impact your finances.

3:56 p.m. Today
Franken has admitted wrongdoing, but Trump hasn't, White House says in explaining tweet

President Donald Trump feels it's up to Alabama's governor to make a decision about delaying next month's special election in which Roy Moore is running, White House press secretary Sarah Huckabee Sanders said Friday. Sanders was asked repeatedly by reporters about Moore, who has been accused of sexual misconduct. She also dismissed a question about why allegations against Sen. Al Franken are worthy of an investigation but those against Trump aren't. "Sen. Franken has admitted wrongdoing and the president hasn't," she said.

3:44 p.m. Today
Trump Today: President predicts ‘great results’ for economy if tax cuts pass

President Donald Trump said Friday there would be “great results” if Congress passes tax cuts, met with Vice President Mike Pence and hosted NCAA championship teams at the White House.

3:24 p.m. Today
Banks delayed foreclosures to influence discussion of Dodd-Frank, paper finds

Foreclosure starts were delayed in order to influence politicians’ views on financial-services reform legislation, according to an academic paper.

3:18 p.m. Today
This brutal chart shows what happens when the Senate tax cuts sunset

The Joint Committee on Taxation on Thursday released its distributional analysis of the new version of the Senate tax cut plan — and it shows a pretty ugly result over the longer term.

2:44 p.m. Today
Congressional leaders close in on deal to raise spending levels

Top congressional leaders are getting closer to a deal on raising the federal government’s overall spending levels for the next two years, people familiar with the discussions said Thursday.

1:58 p.m. Today
Tax cuts may help realize Piketty’s dark vision of inequality

The House has passed a tax cut that would richly reward dynastic wealth and entrench an American oligarchy in ways we’ve not seen since the Gilded Age, writes Howard Gold.

1:07 p.m. Today
Orrin Hatch to Sherrod Brown: ‘I really resent anybody saying I’m just doing this for the rich’

During the mark-up of the tax-cut legislation at the Senate Finance Committee late Thursday, Utah Republican Orrin Hatch took umbrage at comments from Sen. Sherrod Brown, a Democrat from Ohio.

12:55 p.m. Today
Weekend roundup: Tesla’s big splash | Retail’s opportunity | Eating turkey tails

Here are MarketWatch articles to read this weekend.

11:57 a.m. Today
Feldstein warns $9.5 trillion of stock market value at risk from loose Fed policy

A noted economist says the stock market is in danger of seeing $9.5 trillion in wealth disappear if the Fed doesn’t aggressively hike interest rates.

11:21 a.m. Today
Murkowski says tax vote contingent on first stabilizing individual health insurance market

Sen. Lisa Murkowski, the Alaska Republican who opposed her party's efforts to repeal and replace Obamacare, said her vote on the tax legislation making its way through the upper chamber is contingent on passing a separate bill to stabilize the individual health insurance market. "If the Congress is going to move forward with repeal of the individual mandate, we absolutely must have the Alexander-Murray piece that is passed into law," Murkowski said, according to Roll Call. The Senate tax bill includes a provision that would repeal the mandate to buy health insurance or face a tax.

11:07 a.m. Today
How consumers can put an end to child labor

It’s time the global community took the suffering of child labor seriously, writes a Nobel laureate..

10:54 a.m. Today
Here are the winners and losers of the tax plan the House just passed

A majority of Americans of all incomes will benefit from the Tax Cuts & Jobs Act that House Republicans have just passed.

10:52 a.m. Today
Housing starts surge 13.7% to second-highest level of the recovery

The Commerce Department on Friday said October housing starts surged, rising 13.7% to a seasonally adjusted annual rate of 1.29 million. September estimate was revised to 1.135 million.

10:30 a.m. Today
More Republicans are now saying what they really think about taxes, pedophiles, mass shootings

A few brave Republicans are saying exactly what they think, whether it’s support for pedophiles, mass murderers or raising taxes on the middle class, writes Rex Nutting.

10:25 a.m. Today
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