What Trump’s mass deportation plan would mean for immigrant workers and the economy

What Trump’s mass deportation plan would mean for immigrant workers and the economy

President-Elect Donald J. Trump won the White House based partly on his promises to rein in immigration, with targeted policies that range from sending criminals to their home countries to more sweeping ones like mass deportations. During the campaign, Trump pledged to end the Temporary Protected Status that allows workers from select countries to come to…

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‘Two-stocks’ are better than one? Repacking ‘pair trades’

‘Two-stocks’ are better than one? Repacking ‘pair trades’

The exchange-traded fund industry is trying to make pair-trade strategies more accessible to everyday investors. Tidal Financial Group’s Michael Venuto filed last month for eight two-stock ETFs: going long one stock and short the other. “They should come out probably in about two or three months,” Venuto, the firm’s chief investment officer and co-founder, said on CNBC’s…

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Red state voters backed a progressive pro-worker issue on Trump election night ballots and national momentum is building

Red state voters backed a progressive pro-worker issue on Trump election night ballots and national momentum is building

For some workers, the decision to stay home when sneezing and coughing will no longer mean forgoing a day’s pay.  In Tuesday’s election, ballot measures passed in three red states — Alaska, Missouri and Nebraska — that would require employers to provide earned paid sick leave for employees, with certain exceptions.  This follows a similar…

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DoubleLine’s Gundlach says expect higher rates if Republicans also win the House

DoubleLine’s Gundlach says expect higher rates if Republicans also win the House

Jeffrey Gundlach speaks at the 24th Annual Sohn Investment Conference in New York, May 6, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Thursday that interest rates could shoot higher if Republicans end up controlling the House, securing a governing trifecta that gives President-elect Donald Trump free rein to spend as he pleases. Gundlach, a…

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