White House Working On NATO 'Naughty & Nice' List Based On Iran War Support

TSA Agents Finally Get Paid After Trump Signs Order Summary: AP reported that, by early afternoon, TSA agents began receiving pay. Reuters reported that as many as 50,000 TSA agents would receive paychecks as early as Monday. Trump officially issued a presidential memorandum on Friday instructing DHS to pay TSA agents. TSA Agents Get Paid  AP News reports that most Transportation Security Administration (TSA) agents received paychecks on Monday after missing two paychecks during the ongoing government shutdown. Here's the headline from AP: TSA says most of its workers got paid Monday for at least...

FOMC Minutes Signal Fed Saw "Dual Sided" Risks From Iran War Since the last FOMC meeting (March 18th), a lot has happened (war, more war, and now less war), and rate-change expectations hawkishly surged, then dovishly normalized today... And given the last 24 hours, perhaps this information is more useful now, as we return to macro-fundamentals from geopolitical chaos running markets. The minutes, released three weeks after the meeting, underscore the Fed's dilemma as it seeks to fill its congressional mandates of low inflation and maximum employment. Fed officials wrestled with starkly differing...

KeyBanc Downgrades Apple On New Growth Slowdown Fears Apple shares fell 1% in premarket trading after KeyBanc Capital Markets downgraded the iPhone maker to "Underweight" from "Sector Weight" and set a 12-month price target of $250. This implies roughly a 21% decline from Monday's close, putting the stock in bear-market territory. The downgrade by KeyBanc analysts Brandon Nispel and John Vinh is based on a widening disconnect between Apple's valuation and its underlying growth outlook. They cite soaring memory chip prices, which are pushing iPhone, Mac, and iPad prices higher. This...