LOS ANGELES Starbucks Corp on Friday said its business has not been hurt by a social media boycott campaign started in response to the chain’s promise to hire 10,000 refugees globally over the next five years. Starbucks made its Jan. 29 refugee hiring announcement on the heels of President Donald Trump’s first executive order that temporarily banned travel from seven mostly Muslim nations. The move angered some […]
A federal judge in Wisconsin dealt the first legal blow to President Donald Trump’s revised travel ban on Friday, barring enforcement of the policy to deny U.S. entry to the wife and child of a Syrian refugee already granted asylum in the United States. The temporary restraining order, granted by U.S. District Judge William Conley in Madison, applies only to the family of the Syrian refugee, who […]
Bank shares have been the runaway winners of the post-election U.S. stock market boom as investors wagered that higher interest rates, lighter regulation, lower taxes and faster economic growth would boost profits for lenders. Up 32 percent since the election of Donald Trump, the S&P 500’s bank index .SPXBK has outpaced the wider market’s gain by roughly 3-to-1. Now, however, a changing dynamic in the bond market […]
When Rex Tillerson visits Japan and South Korea next week, the new US secretary of state will not escape the whispers back home: the former ExxonMobil chief executive has been all but invisible since arriving in Washington. In his first weeks as the top US diplomat, the Texan has been conspicuously low-profile. His silence has fuelled concerns that President Donald Trump intends to downgrade diplomacy — and […]
The way that markets are reported affects the way they are perceived, and the way that investors behave. So can the way journalists report the markets be measured? Are we doing a good job? Historically, it appears that we are not. This week, Diego Garcia of the University of Colorado at Boulder presented a paper to a conference on journalism and markets at Columbia Business School. Entitled […]
By Gabriel Stargardter | MEXICO CITY MEXICO CITY Last month’s 40 percent decline in migrant detentions along the southern U.S. border represents a victory for U.S. President Donald Trump, but may prove short-lived unless he follows through with his hard-line vows, past experience shows. Graphic on Central American migration to the United States: here Trump’s administration on Wednesday trumpeted the February decline as evidence its executive orders […]
By Caroline Valetkevitch | NEW YORK NEW YORK U.S. stocks rose on Friday after a solid jobs report pointed to strength in the domestic economy and supported expectations the Federal Reserve will raise interest rates next week. Indexes ended lower for the week, however, with the S&P 500 and Nasdaq breaking a six-week streak of gains. Government data showed 235,000 jobs were added in the public and […]
By Toni Clarke | WASHINGTON WASHINGTON U.S. President Donald Trump has chosen Dr. Scott Gottlieb, a conservative health policy expert with deep ties to the pharmaceutical industry, to lead the U.S. Food and Drug Administration, a White House official said on Friday. If confirmed by the Senate, Gottlieb would be in charge of implementing Trump’s plan to dramatically cut regulations governing food, drugs, cosmetics, dietary supplements and […]
Following the unexpected death of 65-year-old Russian ambassador to the United Nations Vitaly Churkin, conspiracy theorists were stirred up as the ongoing Russophobic Deep State war combined with the deaths of nine Russian diplomats in the last year raised many coincident-questioning eyebrows. Now, as The Hill reports, pouring further fuel on that fire, the State Department asked the New York Medical Examiner not to publicly release information […]
WASHINGTON A series of tweets by White House spokesman Sean Spicer on Friday commenting on strong February job creation figures may have run afoul of federal guidance barring most officials from commenting on key economic data within an hour of its release. The rule, Statistical Policy Directive Number 3, is meant to “preserve the distinction between the policy-neutral release of data by statistical agencies and their interpretation […]
By Jon Herskovitz | AUSTIN, Texas AUSTIN, Texas A man detained after federal prosecutors said he was involved in a fire in January that destroyed a Texas mosque has been ordered held on a charge unrelated to the arson, court records showed. A federal judge ordered Marq Perez, 25, to be detained after he appeared in U.S. district court on Thursday in Corpus Christi but Perez’s lawyer […]
By Lucia Mutikani | WASHINGTON WASHINGTON U.S. employers hired workers at a robust pace in February, beating expectations, and wages grinded higher, which could give the Federal Reserve the green light to raise interest rates next week despite slowing economic growth. Nonfarm payrolls increased by 235,000 jobs last month as the construction sector recorded its largest gain in nearly 10 years due to unseasonably warm weather, the […]
In his 30-plus year career as a professor at New York University, Jay Rosen says he can’t remember a time when the relationship between journalists and the White House was more poisonous or fundamentally undemocratic than it is under President Trump. “I don’t think there are many parallels to what we’re seeing now,” Rosen said. “There’s so much about this situation that is completely strange and busts […]
Risky US corporate bond funds suffered the largest weekly redemptions since the US election in November, as oil prices settled at their lowest level since December and benchmark stock indices slipped from record highs. The high-yield corporate bond asset class, which is comprised of speculative-rated groups judged more likely to default than their investment-grade peers, recorded outflows of roughly $2.8bn in the week to March 8, according […]
OTTAWA U.S. Homeland Security Secretary John Kelly on Friday met Canadian officials to discuss an influx of asylum-seekers crossing into Canada from the United States that is putting pressure on Prime Minister Justin Trudeau. Emergency responders and the Royal Canadian Mounted Police are struggling to respond to people defying wintry conditions to cross the undefended border near Emerson, Manitoba. So far several hundred asylum seekers, mainly from […]
Authored by former Ohio State Senator Nina Turner viaThe Hill.com, My grandmother used to say, “You can put truth in the river five days after a lie; truth is gone catch up.” Well, here’s the truth: The working men and women of this country are working more jobs and more hours, and they’re still barely hanging on. Beneath those fingertips, they can feel that middle-class dream – […]
The report from January was one of hundreds that Mr. Abdul Kareem has made inside Syria in recent years, building his reputation as a unique voice covering the war from rebel-held areas that other Western journalists have fled for fear of kidnapping and beheading by jihadists. Continue reading the main story Along the way, Mr. Abdul Kareem has interviewed foreign fighters from Britain, Saudi Arabia and elsewhere […]
Photo Tajrish Square in Tehran. The Iranian economy did not get the boost many had hoped for after the nuclear deal. Credit Arash Khamooshi for The New York Times Iran’s top leader criticized the pace of national economic growth on Thursday in what appeared to be a rebuke of the president, who had forecast prosperous times after the 2015 accord that lifted international sanctions in exchange for […]
Montclair is a New Jersey bastion of the Trump-doubting privileged class that went back to the future Thursday with an imperiled species: a new broadsheet newspaper. But, if Trump could wind up president, who says a broadsheet Lazarus can’t rise from the media ashes and make it somewhere? The weekly Montclair Local debuted in the 36,000-person bedroom community of New York City rife with ink-stained and digitally […]
Via Jim Quinn of The Burning Platform blog, In Part One and Part Two of this article I revealed how the Deep State’s fake data and fake news propaganda machine can be overcome by opening your eyes, observing reality, understanding how Fed created inflation has destroyed our lives, and why the election of Trump was the initial deplorable pushback to Deep State evil. “The notion that a […]
Two days into a frantic battle to repeal and replace Obamacare, Donald Trump’s White House is struggling to win over fellow Republicans in Congress. The strength of resistance to the new healthcare bill within the party points to a broader problem for Mr Trump — almost two months in to his presidency he is struggling to control the legislative agenda. “The White House doesn’t have a plan […]
Photo A United States officer at the entrance at Guantánamo Bay, Cuba. Attorney General Jeff Sessions said on Thursday that he would advise President Trump to send newly captured terrorism suspects to the prison. Credit John Moore/Getty Images WASHINGTON — Attorney General Jeff Sessions said on Thursday that he would advise President Trump to send newly captured terrorism suspects to the wartime prison at Guantánamo Bay, Cuba, […]
New York and London are locked in a frantic race to be the main international listing venue for Saudi Arabia’s initial public offering of its state oil company, emerging as clear frontrunners in what is set to be the world’s biggest ever flotation. Executives from the New York Stock Exchange and London Stock Exchange have held talks with Saudi Aramco, the state group valued at as much […]
WASHINGTON The U.S. State Department held out the possibility on Thursday that Secretary of State Rex Tillerson might take reporters with him to Asia after it initially broke with decades of tradition by telling the media he would not. “We are still working out the logistics for this trip, so (we) cannot yet speak definitively as to whether we’ll be able to accommodate any press on the […]
