Ap Fact Check: No federal pension for Obama’s mother-in-law

A story widely shared online that claims President Barack Obama's mother-in-law will receive a lifetime government pension is false. The post published by The Boston Tribune , a satire website that mimics an actual news publication, is headlined " First Grandma Marian Robinson to Receive Lifetime $160K Government Pension."

Trump rally makes stock options great again for some CEOs

Donald Trump once described Jamie Dimon as "the worst banker in the United States," but the president-elect has helped make the boss of JPMorgan Chase & Co $50 million richer. Dimon is the top beneficiary among the 30 chief executives who run companies in the Dow Jones Industrial Average index from a stock rally inspired by Trump's election, according to a Reuters analysis of their option grants.

Teeming local ballots in 2017

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Private Equity Firms Could Help Deutsche Bank With MBS Settlement

Deutsche Bank AG is considering an unusual approach to providing relief to subprime mortgage borrowers as part of a $7.2 billion settlement with the U.S. government: lending money to private equity firms and hedge funds. Germany's biggest bank, dogged last year by questions about its capital levels, is exploring ways to avoid using its balance sheet to buy soured mortgages that it can partially forgive, according to a person with knowledge of the matter.

Tillerson Leaving Exxon With $180 Million Retirement Package

Rex Tillerson will get a $180 million retirement package from Exxon Mobil Corp. if he is confirmed as President-elect Donald Trump's secretary of state. Tillerson will give up more than 2 million Exxon shares he would have received over the next 10 years.

Mnuchin’s Bank Broke Foreclosure Rules, Leaked AG’s Memo Says an hour ago

A bank run by Steven Mnuchin, President-Elect Donald Trump's pick to be Treasury secretary, may have engaged in "widespread misconduct" while foreclosing on homeowners, according to a leaked 2013 memo written by lawyers in the California attorney general's office. The memo urged top officials in then-Attorney General Kamala Harris's office to sue OneWest Bank over the allegations, which included backdating mortgage documents to speed up foreclosures and manipulating the results of home auctions.

Darrell Delamaide’s Political Capital: Trump will play Congress like a fiddle

The full scope of Hillary Clinton's loss and Donald Trump's victory will become apparent this week as the newly elected Congress convenes. We all know the Republicans swept the elections, winning the White House and retaining control of both houses of Congress.

Republicans primed for push to dismantle Obama’s policies40 minutes ago

Members of the 115th Congress will be sworn in at noon Tuesday, setting off an aggressive campaign by Republicans who control the House and Senate to dismantle eight years of President Barack Obama's Democratic policies. One of the biggest and most immediate targets is Obama's Affordable Care Act, which many Republicans have long sought to gut and has been blamed as a primary cause for a lackluster economic recovery.

Republican Efforts to Reform Social Security Could Financially Cripple Most Seniors

Just how important is Social Security? According to the Social Security Administration , better than 6 in 10 seniors are currently reliant on their benefits to make up at least half of their monthly income. A recent poll from Gallup also found that more than 8 in 10 pre-retirees will rely, to some degree, on Social Security income during retirement.

Why celebrate the New Year? Under President Trump, 2017 could be even worse

Though 2016 has been, for many, one of the most harrowing and depressing years in recent memory - with the deaths of many beloved entertainers and artists, the rise of far-right populism throughout the Western world, and the ongoing geopolitical crises in the Middle East, to name just a few reasons - there is little reason to celebrate the year's end this weekend, or to be hopeful for 2017.