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Even at Top Colleges, Graduation Gaps Persist for Poor Students

Elite colleges nationwide have increased the number of low-income students they enroll in recent years, but getting those students to graduate has been more challenging. The average difference in six-year graduation rates between students who received Pell grants—federal awards for low-income families—and those who didn’t at a particular school was 8.9 percentage points, according to…

Munich Conference Highlights a Divided U.S.

MUNICH—A divided America was on display this weekend in Munich where Vice President Mike Pence and Democrats including his predecessor Joe Biden offered competing visions of the trans-Atlantic relationship that could shape the world for years to come. Both Mr. Pence and the Democrats claimed to stand for U.S. leadership on the world stage and…

Democrats Ready to Challenge Trump’s Emergency Declaration

WASHINGTON—Democrats on Sunday signaled they are gearing up to challenge President Trump’s use of his emergency powers to fund construction of a wall along the southern U.S. border, an expected move that would likely tie up implementation of one of his core campaign promises. California Attorney General Xavier Becerra, who has made a name for…

Worry About Debt? Not So Fast, Some Economists Say

As the national debt swells, some economists are making a once-heretical argument: The U.S. needn’t be so worried about all of its red ink. The 2017 Republican tax cuts and this year’s Democratic spending proposals have reignited long-simmering worries that the debt is getting too big. Annual deficits are set to top $1 trillion starting…

What You Need to Know About the New Tax Law (Now That You’re Doing...

It’s time for Americans to meet the new tax law. Congress raced forward in late 2017 to enact the largest overhaul of the U.S. tax code in three decades. But because most changes took effect in January 2018, taxpayers are now filing their first returns based on the new law. And what are many of…

Mark Zuckerberg humiliated by group of lawmakers, who accuse Facebook’s CEO of spectacular leadership...

A devastating report from a UK parliamentary committee has taken direct aim at Facebook CEO Mark Zuckerberg, accusing him of "contempt." The UK's Digital, Culture, Media, and Sport Committee on Monday released its report on disinformation and "fake news" following an 18-month inquiry, which took in evidence from 73 witnesses. The report called for urgent…

Asian markets rip higher as Trump praises ‘very productive’ trade negotiations with China

Asian markets surged to start the week Monday as investors took heart from positive comments surrounding trade negotiations between the US and China. The two nations are discussing their future trading relationship following the tit-for-tat exchange of tariffs during 2018. Representatives from the two countries began talks in Beijing last week with the aim of…

BMW’s North American CEO reveals how the carmaker will continue to create passion and...

Bernhard Kuhnt took over as CEO of BMW North America at a bit of a tough moment for the automaker. In 2016, BMW had just finished third in the US luxury brand race, behind Mercedes-Benz and Lexus. In 2017, BMW's total US sales dipped to 305,685 from 313,174 the previous year, but in 2018 sales…

Russia’s RT attacks Facebook for suspending 4 viral news channels that broadcasted Kremlin talking...

The editor of the Russian state-owned broadcaster RT has attacked Facebook for suspending four viral video channels that broadcast Kremlin talking points to millennials. Facebook on Friday suspended Soapbox, which makes videos about current affairs; Waste-Ed, an environmental channel; Backthen, a history channel; and In the Now, a millennial-focused news channel, CNN reported. Those channels…

The CEO of Charles Schwab Investment Management says there’s a major challenge facing ETFs...

Doing good is Wall Street's current hot strategy to pick up big dollars - but one of the biggest asset managers is intentionally staying away from the space, at least for now. Firms that play in both public and private markets have launched myriad strategies that include environmental, social, and governance factors as investors, particularly…