GOP frontrunner Donald Trump tells Breitbart News Daily during a wide-ranging interview that China’s manipulation of its currency is a “great weapon” against the U.S. while slamming Obamatrade’s secret multilateral deals made with groups of nations as a “horror show.”
Friday, the Labor Department will issue another mediocre jobs report—private forecasters estimate 190,000 jobs were created in October—well below the 260,000 averaged in 2014.
From CityAM: I held the UK/Europe brief at one of the major Washington, DC think tanks for eight arduous years. Every manner of European statesman trooped through my door, invariably trying to use me to leverage the US to do
Hewlett-Packard Inc. is officially spinning out its personal computer and printer operations into a free-standing company from its enterprise software systems and consulting business on Monday, creating two companies with market capitalizations of about $25 billion each.
Chevron Corp. reported earnings that were substantially better than expected, but will cut capital spending by 25 percent and employment by over 10 percent if the price of crude oil remains below $50 a barrel.
Activities at the Long Beach Harbor slowed dramatically after the International Brotherhood of Teamsters President James P. Hoffa committed his union’s 1.4 million nationwide membership to supporting “labor action” against Port of Long Beach truckers and warehouse operators for the
Chevron plans to cut up to 7,000 jobs for the next two years due to low oil prices. Capital and exploratory projects will be delayed as well.
Russian President Vladimir Putin appears ready to cooperate with the European Union to remove economic sanctions–after having gained enormous international leverage through his surprise military intervention in Syria.
A leading Chinese shoe company said it will buy Britain’s iconic toy retailer Hamleys for £100 million ($153 million), as the group pursues global expansion. Chinese firm C.banner International Holdings, which primarily manufactures and sells ladies’ footwear, first announced the
Senator Rand Paul (R-KY) argued that “Congress has become a shell of itself” and gets along too much, in addition to wondering whether debt is more disruptive than uncertainty over the debt ceiling in a speech on the Senate floor
Six Texas Republican representatives joined with the eleven Democrats in the state’s congressional delegation to vote in favor of the bill to raise the debt ceiling. Nineteen Texas Republicans voted nay in attempting to block the measure. On a national level, 79 Republicans joined with the 187 Democrat members of the House to pass the measure back to the Senate.
The legislation now heads to the Senate, which is on track to pass it before Tuesday’s deadline for increasing the so-called debt limit. It gives the government authority to borrow freely through March 2017.
California is grappling with a new report from the World Health Organization (WHO) that claims that consuming red meat and processed meat could increase the risk of cancer–and the state could soon require warning labels on popular food items like sausages and bacon as a result.
“The proposed debt deal takes as much as $150 billion from the Social Security Trust Fund for retirees and transfers the cash to the fraud-ridden disability program,” Sen. Sessions and Rep. Brooks write. “There is no ‘surplus’ in the retirement Trust Fund to spend somewhere else – Social Security will be insolvent by 2034 and has a $9.4 trillion unfunded liability.”
In an in-depth sit-down with Breitbart News, House Freedom Caucus Chairman Jim Jordan said that his group would not be calling on House Speaker candidate Paul Ryan to delay the debt limit deal until a better one can be negotiated. If such a demand were made, Boehner would likely have to pull the deal.
With the Tinder double-opt-in Internet dating app valued at up to $5 billion in advance of its initial public offering on the stock market (IPO), little WildFireWeb, which owns the “Tinder®” federal registration mark, has launched a crowd-funded effort to raise hundreds of thousands of dollars to fund a lawsuit that could potentially be worth hundreds of millions of dollars.
Establishment Republicans have teamed up with House Democrats to revive the Export-Import Bank, dealing a defeat to tea party lawmakers and Speaker-to-be Paul Ryan.
According to the Michigan Treasurer and Emergency Manager for Detroit Public Schools, the schools are set to run out of cash soon and are in need of a hefty state bailout.
One sticking point for conservatives in the latest budget deal is that it effectively robs money from an already ailing Social Security to make up for shortages in an all-but-broke and failing Disability Insurance program.
The current employer of the new chief of staff for Rep. Paul Ryan (R-WI), the Bipartisan Policy Center (BPC), is praising the giant spending increasing, debt lifting budget and debt ceiling deal that President Barack Obama, outgoing House Speaker John Boehner, and Senate Majority Leader Mitch McConnell negotiated behind closed doors.
Mike Huckabee is slamming the debt deal put forth by GOP leadership in Congress that takes $150 billion from the Social Security Trust Fund but doesn’t address the disability insurance program’s waste, fraud, and abuse.
I know firsthand how detrimental patent trolls can be to small businesses, as my Connecticut small business, Capstone Photography, was recently the victim of abusive patent litigation in which bad patents were used as weapons of financial intimidation against my small business.
The $8 million political war chest raised by Airbnb and others to defeat San Francisco’s Proposition F, which would be an existential threat to private short-term “vacation rentals,” appears to be succeeding, with a double-digit lead in the polls.
Despite $225 billion in secured debt and prices collapsing by 55 percent, the oil fracking industry continues to boom due to rapidly increasing productivity.
The Russian Orthodox Church declared eating unhealthy foods such as potato chips sinful this week. The statement follows a greater effort to encourage Russians not to consume Western foods.
