USPS Names First Female Postmaster General

Nov 14, 2014, 1:50 pm EST

The US Postal Service (USPS) has named Megan J. Brennan as the first female Postmaster General. Source: Flickr

Brennan, USPS chief operating officer, will take over on Feb. 1 when current CEO and Postmaster General Patrick R. Donahoe retires. Donahoe has served under that title for four years.

Brennan is currently in charge of USPS operations, including mail processing, transportation, delivery and more. She has been working with the Postal Service since 1986. Read 

The Most Popular Politician on Facebook Is … Hillary Clinton

Nov 10, 2014, 4:21 pm EST

Hillary Clinton is the most popular politician on Facebook (FB).

The social media site released data that analyzed the popularity of politicians on the network based on the number of interactions between their pages and other Facebook users.

The site is calling it the “Senti-Meter 2016 Snapshot,” which looks at how many likes, comments and shares each politician combined for. Hillary Clinton topped the list with 312,000 interactions between Oct. 26 and Nov. 5. Read 

President Obama Asks for $6.2B to Fight Ebola

Nov 5, 2014, 5:23 pm EST

President Obama wrote a letter to Congress, requesting more than $6 billion to fight Ebola in the US.

POTUS and the White House believe $6.18 billion is an appropriate amount to contain and fight the epidemic. $4.64 billion would be used for immediate needs, while the other $1.54 billion would be used to gather the necessary resources to respond to the Ebola outbreak.

“My foremost priority is to protect the health and safety of Americans, and this request supports all necessary steps to fortify our domestic health system and prevent any outbreaks at home,” said Obama in the letter. Read 

Amendment 2: Florida Voters Reject Medical Marijuana

Nov 5, 2014, 3:22 pm EST

Amendment 2, which sought to broaden the use of medical marijuana in Florida, was rejected by voters on Tuesday.

Amendment 2 needed 60% of the votes to pass in Florida, but it only received 58% of them. The state already allows for a low-potency version of the drug to be used for medical purposes. However, supporters of the amendment claimed that more illnesses needed access to the drug, reports WFTV.

Those that rallied against Amendment 2 and ultimately won the votes on Tuesday said it wasn’t specific enough. These supporters said that the amendment didn’t have strict enough wording. They argued that this would allow medical marijuana to be used for more than its intended purpose, WFTV notes. Read 

Does the Election Matter to Investors? CNBC Doesn’t Think So

Nov 5, 2014, 11:14 am EST

Midterm election results are the big item of discussion today, and there’s a lot of speculation on what the vote means for the economy and the stock market.

CNBC’s Election Night programming included “Shark Tank.”

Minimum-wage increases were approved in five states. And despite what appears to be an improving economy, Democrats got no love as they lost control of the Senate and GOP governors swept into a few traditionally blue states. Read 

3 Sector Funds to Buy for a Republican Congress

Nov 5, 2014, 9:46 am EST

The newly elected 114th Congress will consist of a Republican majority. The certainty about political impact on the economy and capital markets pretty much stops there. However, the news for businesses and investors is less about what will happen and more about what will not happen.

Democrats will not rule the agenda as they have in recent years and the industrial sectors that tend to perform best under Republican rule will at least be given enough room to grow to their greatest potential, absent any real or perceived barriers that may have kept a lid on upside potential in recent past.

Although the economy and stock market, on average, have historically performed better under Democratic rule, there are some industrial sectors that tend to do best when Republicans have the upper hand. Read 

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