Dow sinks more than 300 points!

New York (CNN Business) US stocks are tumbling Thursday over investors’ worries about higher taxes. All three major indexes are in the red, with the Dow (INDU) down 0.9% — more than 300 points lower. The S&P 500 (SPX) fell 0.8% and the Nasdaq Composite (COMP) tumbled 0.7%. It’s not surprising that Wall Street doesn’t like higher taxes, particularly when it comes to capital gains — … Continued

Democrats to propose plan to expand Supreme Court

Several House Democrats are set to unveil legislation Thursday to expand the number of justices on the Supreme Court. Supporters of the proposal plan to hold a news conference on the steps of the Supreme Court building. They include U.S. Sen. Ed Markey of Massachusetts and U.S. Reps. Jerry Nadler and Mondaire Jones, both of New York, and Hank Johnson of Georgia. … Continued

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