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Pres. Obama tells White House press corps: “America needs you. Our democracy needs you.” https://t.co/H9n7JKbYS7 pic.twitter.com/zCQpyfx2Mi — CBS News (@CBSNews) January 18, 2017 President Obama praised the press as central to democracy Wednesday in a final “farewell” that was part ironic homage to the media and part admonition to the incoming Trump administration. Democracy “doesn’t work if we don’t have a well-informed citizenship…America needs you, and democracy […]

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 […]

Janet Yellen, the Fed chair, has warned that the US risks a “nasty surprise” if it waits too long to continue raising interest rates, adding that she expects the US central bank to tighten monetary policy a few times a year until 2019. But on the cusp of Donald Trump’s inauguration as an economy-focused president, she also said slow productivity growth meant the US’s “usual” rate of […]

You, the long-suffering Knicks fan, applauded the team’s acquisition of Carmelo Anthony in 2011. You rejoiced over the reset Dolan orchestrated three years later when he landed 11 Rings Jackson to clean up the mess, to change the culture. Continue reading the main story Now you have pretty much had it with Melo the Martyr and Invisi-Phil. You would probably vote to move on from both, but […]

At least $13.3 billion of government projects are at risk of being cancelled in Saudi Arabia this year because of fiscal pressures and changing government priorities, Zawya Projects reported, citing a study by consultants Faithful+Gould. The total value of project awards for 2017 is forecast at $27 billion, and could rise to $32 billion if the Makkah Metro project, which was originally expected to be awarded in […]

By Philip Pullella | ROME ROME A series of strong earthquakes hit snowbound central Italy on Wednesday, a region devastated by deadly tremors last year, killing one man and forcing schools and rail links to close. Four quakes of magnitude 5.2 and higher struck near the hill town of Amatrice, some 100 km (60 miles) northeast of Rome, in the space of four hours. Much of the […]

WASHINGTON U.S. President-elect Donald Trump scrapped a proposal to move news briefings out of the White House, but said he wants his team to choose who gets into the press room. Trump, who will be sworn in on Friday as the 45th U.S. president, has had a contentious relationship with some prominent U.S. news organizations he refers to derisively as the “mainstream media.” The Republican businessman banned […]

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By EconMatters We discuss the Macro and Micro outlook for the Oil Market, and everything in between in this latest market video. Oil is being propped up on forward looking fundamentals right now, it very easily could be much lower based upon current inventory levels.   © EconMatters All Rights Reserved | Facebook | Twitter | YouTube | Email Digest | Kindle     Source link

YOUTUBE SAN FRANCISCO – An American journalist has reported on President Rodrigo Duterte’s use of a social media army of trolls to generate fake news and adulatory propaganda and attack his critics. Sean Williams details his finding in an article titled, “Rodrigo Duterte’s Army of Online Trolls,” published in this month’s issue of The New Republic. When Williams was reporting on the violence in the Philippines and in […]

The Samsung Galaxy C5 Pro and Galaxy C9 Pro have been spotted at the FCC, indicating that they could soon make their way to the United States. The Galaxy C9 Pro already received international certification last month, signaling that it was ready to expand its availability beyond China, albeit it remained unclear at that point whether the handset would make it to the U.S. market as well. If […]

Senior British ministers struck a combative note on Brexit negotiations a day after Theresa May’s speech on the UK’s objectives, with Boris Johnson likening François Hollande to a world war two prison guard. The foreign secretary was responding to comments by an adviser to the French president that Britain could not have a better deal outside the EU than it currently enjoys. “If Mr Hollande wants to […]

By Charlotte Greenfield | WELLINGTON WELLINGTON New Zealand cherry producers are flying helicopters low over their orchards to dry off raindrops and protect thousands of tonnes of their product headed to Asia to feed rapidly growing demand from Chinese New Year revelers. China has grown to become the second largest destination for New Zealand cherries after Taiwan in the past seven years. Together they take about 60 […]

This week, BuzzFeed roiled the media world when editors published a 35-page dossier containing explosive and unverified accusations against President-elect Donald Trump. Shortly after, Trump blasted BuzzFeed in his first press conference since the election, calling the company “a failing pile of garbage.” But does he have grounds to take his grievance from the briefing room to the courtroom? Legal experts say he’d have a tough case. […]

Multiple agencies with little accountability The reports to Congress specifically delineate those participants in the International Military Education and Training (IMET) program tagged in the State Department’s annual human rights reporting effort as having problematic behavior. As the main program that brings foreigners to the United States to attend U.S. military schools at Washington’s expense, IMET is now offered to select military and police officers in more […]

Photo Tom Brady and the Patriots don’t just win, they often cover the spread. Credit Charles Krupa/Associated Press A lot of different things could happen in the N.F.L. conference championship games on Sunday. But oddsmakers are pretty sure what is likely to happen. The New England Patriots will beat the Pittsburgh Steelers by about 6, and the Atlanta Falcons will defeat the Green Bay Packers by 4 […]

Wednesday 02:20 GMT Overview Currency movements once again dominated trading in Asia as markets reacted to UK Prime Minister Theresa May’s Brexit blueprint and unexpected criticism of the dollar’s strength from US president-elect Donald Trump. Hot topic The dollar index, which measures the US currency against a basket of peers, was up 0.1 per cent at 100.470. It fell 0.8 per cent on Tuesday after comments from […]

Abu Dhabi Investment Authority (ADIA), one of the world’s biggest sovereign wealth funds, sees investment opportunities in China’s fixed income and real estate markets, as well as smaller Chinese companies, its managing director told China Finance. ADIA, which has been investing in China for 25 years, has its largest exposure in listed equities, including a $2.5 billion allocation to the China A market, which lists shares denominated […]

Submitted by David Battistella  A Violent Inauguration? A Call For Peace On Inauguration Day Now that all attempts to delegitimize President Elect Trump to this point including failed recounts, the constant drum beating about popular vote victory, intimidation, bullying and desperate pleas to the Electoral college and the attempt at cold War 2.0 have failed, will inauguration day be the last stand? Now even millionaire Catholic socialist […]

BANGKOK (Thomson Reuters Foundation) – Thai transgender activist Nada Chaiyajit completed her undergraduate studies in August, and two months later, school officials told her 12 classmates – all men – that their graduation certificates were ready. But her college, the University of Phayao in northern Thailand, would not issue her documents because she submitted a photo in which she looks like a woman, even though her identity […]

SACRAMENTO San Francisco Federal Reserve Bank President John Williams on Tuesday called for gradual U.S. interest-rate hikes over the next few years to keep the economy from overheating and ultimately falling into recession. With the unemployment rate at 4.7 percent, the U.S. economy has reached full employment, Williams said, adding that inflation is on track to reach the Fed’s 2-percent goal over the next couple of years. […]

A much delayed surveillance system to monitor trading in the world’s largest equity market took a big leap forward on Tuesday with the selection of the group to build and operate the project. Founded in 2009, Thesys Technologies, a trading technology provider, beat out the Financial Industry Regulatory Authority and SunGard Data Systems. Called the “Hubble telescope” by one regulator, the so-called Consolidated Audit Trail, or CAT, […]

It’s a new year and to start the year off right, I just put one of my favorite apps back on my iPhone 7 Plus home screen. Evernote just announced the release of Evernote 8.0 for iOS devices with a focus on speed and simplicity. My usage of Evernote began almost 11 years ago on a Samsung Q1 UMPC tablet device and it continues to be one […]

As we observed in yesterday morning’s market wrap, while US market were taking the day off for the MLK holiday, China was busy defending an accelerating selloff across its stock markets. During Monday trading, having traded quietly lower for the past few days, Chinese stocks tumbled in early trading on the mainland and in Hong Kong’s offshore market amid weakness in Asian equities. The Shanghai Composite Index […]

ABU DHABI // A winner of the UAE Rain Enhancement Programme award on Tuesday said the uncertainty about whether rain could be produced on demand proved the importance of funding. “That’s why we’re doing science, to try and unravel more of the effectiveness of rain enhancement,” said Dr Paul Lawson, one of three beneficiaries of this year’s US$5 million award, announced on Tuesday. “It’s like doing research […]

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