Stocks, bonds diverge over whether Trump will be able to deliver on tax reform, stimulus

Optimism that the Trump administration will be able to drive through a hefty pro-growth plan or tax package this year is fading by the day. Treasury Secretary Steve Mnuchin on Monday became the latest official to dial back expectations for a time table that included a...

Netflix has committed to spend a whopping $15.3 billion on streaming content

Netflix has content spending obligations of over $15 billion, according to a Monday earnings release. The company’s streaming content obligations have risen to $15.3 billion, up from $12.3 billion a year ago. This year alone, the company has said it expects to...