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Financial Stocks, Market Facing Political Headwinds

Sep 16, 2015, 2:10 pm EDT

The rise of Donald Trump in the polls, along with Hillary Clinton’s loss of prohibitive front runner status, has created serious political risks for U.S. stocks in general and large banks in particular.

If Donald Trump’s and Hillary’s challengers maintain or improve their standing in the polls as of the end of the year, investors should reduce their exposure to U.S. stocks in general and to large U.S. financial stocks in particular.

According to Fortune, Trump has advocated “Smoot-Haley-style tariffs that would precipitate a trade war and devastate exports.” Read 

Twitter, Square Team Up to Enable Political Donations by Tweet

Sep 15, 2015, 12:56 pm EDT

Twitter (TWTR) is teaming up with Square so that users can send donations to the presidential candidate of their choice.

The new feature allows political donations to be sent to candidates that register through the website. When doing so, these candidates are given a “cashtag” link that can be shared anywhere on the internet, including in Tweets. Twitter users can donate by clicking this cashtag and entering their credit or debit card information into the social media website, reports International Business Times.

Twitter users that want to make additional donations to the political campaign of their choice can easily do so after the first payment. Their information is saved to make it an easy process. Square takes a processing fee from each donation that is roughly 2%. Users can pay this or choose to have the recipient of their donation do so, International Business Times notes. Read 

Did ISIS Hack the White House?

Sep 11, 2015, 2:38 pm EDT

Members of ISIS have claimed that they hacked the White House.

Two accounts that are believed to be connected to ISIS have been calling for hacking of U.S. data via the “#AmericaUnderHacks” hashtag. One Twitter (TWTR) user that posted the hashtag to their Tweet claimed to have gained access to President Barack Obama’s cellphone. Another claimed to have collected data on members of the White House administration staff, reports The Inquisitr‎.

There’s been no confirmation if members of ISIS were successful in their cyber attacks on the White House. Mark Knoller, CBS News’ White House Correspondent, Tweeted that the Secret Service was aware of ISIS’ claim and is conducting a follow up on the matter. Read 

FBI Warns of Possible September 11 Cyber Attacks

Sep 11, 2015, 1:50 pm EDT

The Federal Bureau of Investigation (FBI) has warned of possible cyber attacks on September 11. Source: Federal Bureau of Investigation

A group inspired by ISIS may be targeting U.S. government-related websites, including sensitive information about U.S. government personal.

The group have given themselves the hashtag #AmericaUnderHacks. The FBI is urging companies doing business with the government to improve their cybersecurity in order to prevent such a cyber attack from happening. Read 

What Donald Trump Said About Carly Fiorina’s ‘Face’

Sep 10, 2015, 2:43 pm EDT

Donald Trump is in hot water over his comments concerning GOP opponent Carly Fiorina.

In an interview with Rolling Stone published on Wednesday, Donald Trump said “Look at that face! Would anyone vote for that,” while speaking about Carly Fiorina. Hillary Clinton took a stab at Trump, without naming him, by saying that she would love to debate someone “who just seems to delight in insulting women,” reports CNN.

Donald Trump has stepped up to defend his comments. The GOP hopeful claims that he wasn’t talking about Carly Fiorina’s physical appearance, but instead her “persona.” Despite his comments concerning women, Trump is popular in the polls with Republican women, CNN notes. Read 

What Is the Iran Nuclear Deal?

Sep 3, 2015, 4:29 pm EDT

What is the Iran Nuclear Deal?

The Middle-Eastern country has agreed to transform its uranium nuclear plant in Fordo into a center for science research. Another plant, Natanz, will be cut back instead of being shut down.

Iran would also limit the enrichment of its uranium in order to keep it small enough to make it insufficient for a bomb rush. The company’s weapons-grade plutonium would also be controlled. Read 

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