Feb 16, 2017

Stock market in Trump's first month: best since LBJ

At 6:34a.m. this morning, Trump tweeted: "Stock market hits new high with longest winning streak in decades. Great level of confidence and optimism - even before tax plan rollout!"

Numbers below:

It's official: POTUS now has best 1st-month stock performance for an incoming WH since LBJ:(via @SPGMarketIntel) pic.twitter.com/8517FnyCDi— Carl Quintanilla (@carlquintanilla) February 15, 2017

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Supreme Court to hear Philadelphia case over same-sex foster parents

Photo: Daniel Slim/AFP via Getty Images

The Supreme Court agreed Monday to hear a high-profile case that could reshape the bounds of First Amendment protections for religion.

Why it matters: The direct question in this case is whether Philadelphia had the right to cancel a contract with an adoption agency that refused to place foster children with same-sex couples. It also poses bigger questions that could lead the court to overturn a key precedent and carve out new protections for religious organizations.

Why Apple may move to open iOS

Photo illustration: Jakub Porzycki/NurPhoto via Getty Images

Apple may finally allow iPhone owners to set email or browsing apps other than Apple's own as their preferred defaults, according to a Bloomberg report from last week.

The big picture: Customers have long clamored for the ability to choose their preferred apps, and now Apple, like other big tech companies, finds itself under increased scrutiny over anything perceived as anticompetitive.