By David Lawder and Scott Malone | WASHINGTON WASHINGTON Black-clad activists angry about U.S. President Donald Trump’s inauguration smashed store and car windows in Washington on Friday and fought with police in riot gear who responded with pepper spray and stun grenades. About 500 people, some wearing masks and kerchiefs over their faces, marched through the city’s downtown, breaking the windows of a Bank of America branch, […]
George Osborne, the former UK chancellor, is to join BlackRock, the world’s largest asset manager, as an adviser. BlackRock’s chairman and chief executive Larry Fink said the company wanted Mr Osborne’s “unique and valuable perspective on the issues affecting the world”, citing his work helping the UK and the G20 to recover from the financial crisis. “At the centre of our mission is helping people around the […]
Donald Trump is to be sworn in as president in Washington on Friday, taking over from Barack Obama. Highlights of the day: SWEARING-IN Donald Trump is to be sworn in at middday (1700 GMT), setting the country on an uncertain path at home and abroad. PROTESTERS AND SUPPORTERS Protesters scuffle with police as liberal activists attempt to block thousands of supporters at the inauguration. Trump supporters dance […]
Donald Trump will be sworn in on Friday as the 45th president of the United States, taking power over a divided country after a savage campaign and setting the country on a new, uncertain path at home and abroad. In a ceremony likely to draw 900,000 people, including protesters, Trump and his vice president, Mike Pence, will take the oath of office at midday (1700 GMT) outside […]
By Yashaswini Swamynathan U.S. stock index futures treaded water on Friday ahead of Donald Trump’s inauguration as the 45th U.S. President. * Futures also got a lift after Federal Reserve Chair Janet Yellen backed her stance for gradual interest rate increases on Thursday. * Trump, a New York businessman and former reality TV star, is scheduled to be sworn in around midday by Supreme Court Chief Justice […]
IBM wrapped up 2016 with a better-than-expected fourth quarter earnings report Thursday, despite seeing revenue drop for the 19th consecutive quarter. CES 2017 recap Big trends, top products, and wackiest tech On the CNET Stage at CES 2017, ZDNet and TechRepublic editors wrapped up the show with a discussion of the most important trends and product categories at this year’s CES. The company reported net income of […]
WASHINGTON Rob Cortis calls it the “Trump Unity Bridge” – a bulky, metal 45-foot structure welded to two wheels and bedecked with red, white and blue signs echoing President-elect Donald Trump’s campaign themes. He has towed it more than 20,000 miles (32,000 km) across the country. But as he arrived in Washington on the eve of Trump’s inauguration on Friday as America’s 45th president, he struggled to […]
By Ian Simpson | WASHINGTON WASHINGTON Washington turned into a virtual fortress on Thursday ahead of Donald Trump’s presidential inauguration, with police ready to step in to separate protesters from Trump supporters at any sign of unrest. Some 900,000 people, both Trump backers and opponents, are expected to flood Washington for Friday’s inauguration ceremony, according to organizers’ estimates. Events include the swearing-in ceremony on the steps of […]
Submitted by Peter Schiff via Euro Pacific Capital, There is much we don’t know about how the Trump presidency will play out. Will the Wall get built? Who will pay for it? Will it have at least some fencing? Will repeal and replace happen at exactly the same time? Will Trump throw a ceremonial switch? Will there be a Trump National Golf Course in Sochi? It’s anyone’s […]
By Ayesha Rascoe and Julia Edwards Ainsley | WASHINGTON WASHINGTON Donald Trump is ready to begin taking executive actions on his first day in the White House on Friday to move quickly on his pledge to crack down on immigration, build a wall on the U.S.-Mexican border and roll back outgoing President Barack Obama’s policies. Trump, a Republican elected on Nov. 8, arrived in Washington on a […]
Steven Mnuchin, Donald Trump’s nominee to be Treasury secretary, clashed with Democrats over the business practices of the lender he once chaired, saying he had been wrongly accused of taking advantage of unfortunate borrowers and that he would work “tirelessly” to boost the economy and US hiring. The former banker told the Senate finance committee that he had been maligned and that OneWest, the bank, had extended 100,000 […]
By Isabel Coles | MOSUL, Iraq MOSUL, Iraq Most Islamic State (IS) commanders in Mosul have been killed in battles with Iraqi government forces that raged over the past three months in the eastern side of the city, an Iraqi general said on Thursday. The fight to take the western side of Mosul, which remains under the jihadists’ control, should not be more difficult than the one […]
Etihad Airways is not looking to take a stake in German carrier Lufthansa, a spokesman said on Wednesday, denying a report in an Italian newspaper that sent Lufthansa’s shares higher on Tuesday. “We can confirm that are not looking to take a financial stake in Lufthansa,” the spokesman said, after the Wall Street Journal quoted Etihad Aviation Group CEO James Hogan as saying he was interested in […]
President-elect Donald Trump’s imminent inauguration is forcing India’s massive technology outsourcing industry to rethink hiring practices in the U.S., its largest market, as detailed in The Wall Street Journal Thursday. For years Indian companies like Tata Consultancy Services Ltd., Infosys Ltd. and Wipro Ltd. have been sending programmers and engineers to the U.S. on high-skilled worker, or H-1B, visas to perform work for U.S. firms. Analysts say […]
If this week’s speech by Theresa May on her Brexit plans was designed to reassure the City of London and stop banks from shifting jobs out of the UK, early indications are that it appears to have failed. The prime minister is scheduled to address business leaders at the annual World Economic Forum in Davos Thursday morning, but in the meantime a flurry of senior financiers popped […]
While ECB President Mario Draghi may sound slightly hawkish at tomorrow’s press conference after an unexpectedly strong acceleration in CPI in December and European economic growth modestly picking up, the ECB is set to argue on Thursday that its extra-easy policy stance is still needed to keep the recovery on course. As a result, it is all but certain to leave current monetary policy in place and […]
The Bye Bye Man Director: Stacy Title Stars: Douglas Smith, Cressida Bonas, Lucien Laviscount, Carrie-Anne Moss, Faye Dunaway Two stars There’s been quite a run of films clearly inspired by 1980s horror movies in the past few years – not surprising, perhaps, given that many of the current generation of directors grew up on genre classics such as A Nightmare on Elm Street and Friday the 13th. […]
The artist behind the iconic “Hope” poster of Barack Obama that became synonymous with his successful presidential campaign has released a new set of images, just in time for Trump’s inauguration and the subsequent Women’s March. Artist Shepard Fairey, who created the original in 2008 as well as a less flattering Donald Trump print complete with the caption “Demagogue,” has shifted his focus this time round. Now […]
Via ConvergEx’s Nicholas Colas, Want to know why US stocks feel so fragile? Perhaps we can blame Wall Street analysts. Even after two months of market buzz about lower taxes, infrastructure spending and less regulation juicing investor expectations for better earnings growth, they refuse to bump their revenue or earnings estimates for 2017. Our monthly look at revenue expectations for the companies of the Dow […]
By Caroline Valetkevitch | NEW YORK NEW YORK U.S. stocks fell on Tuesday as financials and other big post-election gainers lost ground. Biotech and pharma stocks declined after President-elect Donald Trump said in a Washington Post interview over the weekend that he would target companies over drug pricing and that he was ready to unveil a plan to replace Obamacare. The Nasdaq biotech index .NBI was down […]
Donald Trump has threatened to overturn two decades of US economic policy by questioning the strong value of the dollar, raising fears that his presidency could set off a new round of currency wars between the world’s major economies. On Monday the president-elect appeared to break from the longstanding “strong dollar” policy of successive administrations, declaring that the currency was too high and that this was preventing […]
A senior member of Donald Trump’s team insisted that the president-elect was committed to globalisation, open trade and Nato despite recent comments that unsettled America’s allies. Anthony Scaramucci, Mr Trump’s newly appointed public liaison official, told the World Economic Forum in Davos on Tuesday that the European and American elite had misunderstood Mr Trump and would change their views when he took office. In particular, he argued […]
Why Megève Megève is old France at its classiest best – a magical village with a medieval heart and effortlessly chic atmosphere. It’s moneyed, certainly, but without the vulgarity you see in other glitzy resorts in the Alps. When you’re strolling through the main Place de l’Eglise, with its dazzling fairy lights, it’s hard not to sigh at the immaculate prettiness of it all. It was the […]
The US dollar is weakening this morning after comments from president-elect Donald Trump that the greenback was “too strong” against the Chinese currency. “Our companies can’t compete with them [Chinese companies] now because our currency is too strong. And it’s killing us”, Mr Trump told the Wall Street Journal. His comments have helped soften the dollar index, which measures the greenback against a basket of its major […]
