The four main US stock barometers all logged record closing highs on Friday, marking the first grand slam in two months as small capitalisation stocks have caught up to their larger brethren. The S&P 500, Dow Jones Industrial Average and Nasdaq Composite were already trading at all-time peaks before Friday, propelled higher by the relatively strong performance of large capitalisation stocks, leaving the Russell 2000 index lagging […]
Thieves who want to rob banks often have to come up with elaborate schemes to steal money. Robbing banks may also involve working with a group of armed robbers with get-away vehicles who do thorough planning to commit the crime. A bank teller in Texas, however, did not have to resort to using guns and wearing mask to steal money from the bank where she used to work. […]
Every time I take a spin through my Facebook or Twitter feeds, I’m reminded that there’s only one big story right now: Trump, Trump, Trump. For news organizations that wrestle with what coverage their community is most likely to consume, this is one of those rare moments when the mystery is solved. Give ‘em Trump. Love him or loathe him, they can’t get enough. But if the […]
Update: It appears President Trump is pleased with the judge’s decision… We must keep “evil” out of our country! — Donald J. Trump (@realDonaldTrump) February 3, 2017 * * * As we detailed earlier, in a blow to every mainstream media news outlet (and likely hurting a lot of feelings), President Donald Trump’s ban on immigrants from seven Muslim-majority countries will take effect in Boston on […]
By Mica Rosenberg and Lesley Wroughton | NEW YORK/WASHINGTON NEW YORK/WASHINGTON About 60,000 visas were revoked under U.S. President Donald Trump’s executive order temporarily halting immigration from seven Muslim-majority countries, the State Department said on Friday, in one of several government communications clarifying how the order is being rolled out. The revocation means the government voided travel visas for people trying to enter the United States but […]
Far from the palm-fringed beaches of the usual offshore tax havens, Canada has quietly become a go-to destination for international tax cheats eager to exploit the country’s twin benefits of a sterling reputation and rules that allow private companies to keep their ownership secret. A joint investigation by CBC/Radio-Canada and the Toronto Star has found dozens of cases where tax advisers around the world are touting shell companies […]
A federal judge in Seattle late on Friday temporarily halted President Donald Trump’s travel clampdown, issuing a ruling that applies on a nationwide basis. US District Judge James Robart, who was appointed to the bench in 2003 by former President George W Bush, granted a request by Washington’s state attorney-general to stop implementation of Mr Trump’s ban on refugees and travellers from seven Muslim-majority nations. The judge’s […]
Fewer than 60,000 visas were provisionally revoked to comply with U.S. President Donald Trump’s travel ban affecting seven Muslim-majority countries, the State Department said on Friday. The immigration executive order signed by Trump a week ago temporarily halted the US refugee program and imposed a 90-day suspension on people traveling from Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen. Trump said the measures would help protect Americans […]
By Dan Levine and Scott Malone | SEATTLE/BOSTON SEATTLE/BOSTON A federal judge in Seattle on Friday granted a nationwide temporary restraining order blocking U.S. President Donald Trump’s recent action barring nationals from seven countries from entering the United States. The judge’s order represents a major challenge to the Trump administration, which is expected to immediately appeal. The judge declined to stay the order, suggesting that travel restrictions […]
Submitted by Robert Wood via Forbes.com, President Trump’s executive order on travel may be generating big protests, but an IRS missive on travel and passports may not go down too well either. More than a year ago, in H.R.22, Congress gave the IRS a new weapon to collect taxes. Tax code Section 7345 is labeled, “Revocation or Denial of Passport in Case of Certain Tax Delinquencies.” The law isn’t limited to criminal tax cases, […]
(Image: file photo) A data broker is selling hundreds of thousands of accounts used by police and federal agents from a hacked law enforcement forum. The database is said to have been stolen in 2015, and contains 715,000 records on members who have registered with PoliceOne.com, a news site and community for police officers and law enforcement professionals. According to a posting on a dark web marketplace, […]
Anonymous sources are to journalists what a 12-pound funnel cake is to a kid at the state fair: We know it’s unhealthy, but we partake anyway. That has never been truer over the last week, as our good ship of state has sprung leak after leak. Nameless White House officials have served up more scoops than a Baskin Robbins: Trump’s disastrous call with Australia’s Prime Minister, his […]
By Chuck Mikolajczak | NEW YORK NEW YORK U.S. stocks climbed on Friday, with the S&P 500 closing just short of a record high, boosted by gains in financial shares as President Donald Trump moved ahead with deregulation action and by a strong payrolls report. The S&P financial sector .SPSY jumped 2 percent to score its best day since mid-November after Trump signed an executive order to […]
By Lucia Mutikani | WASHINGTON WASHINGTON U.S. job growth surged more than expected in January as construction firms and retailers ramped up hiring, but wages barely rose, handing the Trump administration both a head start and a challenge as it seeks to boost the economy. Nonfarm payrolls increased by 227,000 jobs, the largest gain in four months, the Labor Department said on Friday. The unemployment rate, however, […]
By William Shaw Law360, London (January 30, 2017, 8:30 PM GMT) — A major European Parliament committee will next month investigate the role played by lawyers, accountants and bankers in the tax evasion networks revealed in last year’s Panama Papers leaks, the European Union legislative body said Monday. The Committee of Inquiry into Money Laundering, Tax Avoidance and Tax Evasion will take testimony from investigative journalists and […]
By Lawrence Hurley | WASHINGTON WASHINGTON The U.S. Supreme Court on Friday scheduled oral arguments in a major dispute on transgender rights for March 28, when the U.S. Senate is set to be in the midst of a political fight over President Donald Trump’s nominee to a vacant seat on the bench. By March, the Republican-controlled U.S. Senate is likely to be deliberating on whether to approve […]
Submitted by Mike Maharrey via The Tenth Amendment Center, A bill introduced in the Utah legislature would build on the state’s Legal Tender Act, creating a foundation for further action to encourage the use of gold and silver as money, and take another step toward breaking the Federal Reserve’s monopoly on money. Rep. Ken Ivory (R-West Jordan) introduced House Bill 224 (HB224) on Jan. 27. The legislation would add […]
Dr. Abushamma’s case was highlighted at a hearing in Federal District Court in Brooklyn on Thursday, where Judge Carol B. Amon extended until Feb. 21 the initial ruling — formally known as a stay of removal — issued last week by her colleague, Judge Ann M. Donnelly. Continue reading the main story Judge Amon will be presiding over the case and deciding on the legal issues underlying […]
Conservative Republicans are girding themselves for a clash with Donald Trump’s administration, warning that lax spending plans could put national debt on a steeper upward trajectory. The president has wrongfooted Republican deficit hawks by proposing to slash tax, protect social security and Medicare, boost defence spending and build a wall along the border with Mexico. Some lawmakers fear even fiscally conservative colleagues will buckle in the face […]
By Leika Kihara and Tetsushi Kajimoto | TOKYO TOKYO Japan will push back firmly on any attempts by U.S. President Donald Trump’s administration to meddle with its independence on setting currency and monetary policies, say sources familiar with the deliberations in Tokyo. It was the first clear sign from Japan that Tokyo won’t allow Trump to dictate domestic economic policy, leaving room for potential tensions between the […]
Submitted by Brandon Smith via Alt-Market.com, As I outlined in my article ‘The False Economic Narrative Will Die In 2017’, the mainstream media has been carefully crafting the propaganda meme that the Trump administration is inheriting a global economy in “ascension,” when in fact, the opposite is true. Trump enters office at a time of longstanding decline and will likely witness severe and accelerated decline over the […]
The UAE’s efforts to help eradicate polio in Pakistan “cannot be underestimated” and has played a significant role in the turnaround seen in the country since 2014, according to the World Health Organisation. WHO said in a statement that in 2016, fewer children were paralysed by polio than in any other year globally, and in Pakistan. Despite many challenges faced by the polio programme, Pakistan has made […]
Friday 02.15 GMT Overview Asian markets retreated following another cautious session on Wall Street overnight. Investors have headed to the sidelines as they digest the Federal Reserve’s most recent policy meeting and await the closely watched US jobs report due later on Friday. Hot topic Central banks have been in focus this week. The Bank of Japan, Federal Reserve and Bank of England have all kept monetary […]
The rouble turned volatile as investors made sense of a tweak by the Trump administration to part of the US sanctions on Russia. The currency moved 1.7 per cent higher, trading at an 18-month high of RUB58.547, before quickly giving up most of that rise and falling back below the RUB59 level as investors parsed the decision. The changes in the sanctions appeared to re-authorised certain technology […]
