Monday, May 15, 2017

Kushners, Trump In-Laws, Weigh $400 Million Deal with Chinese Firm and other top stories.

  • Kushners, Trump In-Laws, Weigh $400 Million Deal with Chinese Firm

    Kushners, Trump In-Laws, Weigh $400 Million Deal with Chinese Firm
    Jared Kushner has emerged as a moderating voice in China policy among Mr. Trump’s inner circle, and he has been heavily involved in planning for the visit. Asked about a deal at a news conference on Tuesday, the White House spokesman, Sean Spicer, referred questions back to the Kushner Companies. “Jared went through extraordinary lengths” to comply with conflict-of-interest rules, he said.A spokesman for Anbang said in a statement that there was no agreement and that “there is no investment fro..
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  • Ivanka Trump Fine Jewelry Ceases Production, Replaced by Fashion Jewelry Line

    Ivanka Trump Fine Jewelry Ceases Production, Replaced by Fashion Jewelry Line
    In a not-so-startling announcement, Ivanka Trump's fine jewelry collection of diamond and gemstone adornments will no longer be produced. But fear not, the Ivanka Trump brand will gain new life. In fact, according to the  president of the company, the line, first launched seven years ago, will give rise to a more affordable fashion jewelry series. WASHINGTON, DC - MARCH 08: Ivanka Trump attends at a luncheon she was hosting to mark International Women's Day in the State Dining Room at the Whit..
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  • European Stocks Hold Gains, Oil Rebounds Firmly Ahead of Fed Rate Decision

    European Stocks Hold Gains, Oil Rebounds Firmly Ahead of Fed Rate Decision
    European stocks held onto modest gains Wednesday as investors set positions ahead of a key rate decision from the U.S. Federal Reserve and results from national elections in the Netherlands. Martin Baccardax. Follow. Mar 15, 2017 6:26 AM EDT.
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  • US to Plan Indictments Related to Yahoo Hacking, Source Says

    US to Plan Indictments Related to Yahoo Hacking, Source Says
    U.S. officials are planning to issue indictments related to the hacking attacks against Yahoo! Inc., according to a person briefed on the matter.The Department of Justice is accusing four people of participating in massive online security breaches that compromised hundreds of millions of user accounts, said the person, who asked not to be identified because it was a sensitive legal matter. The hacks came to light last year and threatened to derail the sale of Yahoo’s web operations to Verizon C..
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  • UPDATE 1-Trump to nominate Goldman Sachs' Donovan as deputy Treasury secretary

    (Adds details on Treasury nominees) WASHINGTON, March 14 (Reuters) - U.S. President Donald Trump will nominate Goldman Sachs banker James Donovan as deputy Treasury secretary, the White House said on Tuesday, adding another alumnus of the Wall Street investment bank to his administration. Treasury Secretary Steven Mnuchin and National Economic Council director Gary Cohn are also former Goldman executives who occupy senior economic posts within the administration. Donovan's work at the bank as a..
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  • Janet Yellen this week could tee up a stealth rate hike for later this year

    Janet Yellen this week could tee up a stealth rate hike for later this year
    The Fed is holding $2.46 trillion in Treasurys and another $1.76 trillion in mortgage-backed securities. If it had let some of the higher-yielding, longer-duration MBS run off, the Fed would have found a welcoming market, said Christopher Whalen, chairman of financial advisory firm Whalen Global Advisors. "The problem is, they should be adjusting the balance sheet first. By keeping all of this duration locked up at the Fed, they're actually keeping rates artificially low, so there's no response..
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  • Journalist Who Received Trump Tax Return Questions If Trump Leaked It Himself

    Journalist Who Received Trump Tax Return Questions If Trump Leaked It Himself
    Pulitzer Prize-winning journalist David Cay Johnston suggested Tuesday night on MSNBC’s “The Rachel Maddow Show” that President Donald Trump himself may have been the unknown source who sent two pages of his 2005 tax return to the journalist.  “It came in the mail over the transom,” Johnston told Maddow, following the host’s roughly 25-minute build-up before discussing the documents in detail. “There is absolutely nothing improper about journalists — if you haven’t solicited something — getting..
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  • Inflation may provide more clues about future rate hikes than the Fed

    Inflation may provide more clues about future rate hikes than the Fed
    It may not be the Fed that signals a more aggressive rate hiking scenario Wednesday — it could be the inflation data. "CPI, I think, is going to come in pretty good and it will feel pretty warm," said Diane Swonk, CEO of DS Economics. The Consumer Price Index for February is expected to edge up 0.1 percent, with CPI ex food and energy up 0.2 percent when it is reported at 8:30 a.m. ET. That would keep headline consumer inflation at 2.5 percent, well above the Fed's targeted 2 percent pace. The..
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  • Trump takes steps toward undoing Obama's auto emissions limits

    Trump takes steps toward undoing Obama's auto emissions limits
    The auto industry has made it a top priority to review the Obama administration’s 11th-hour attempt to lock in tough standards for years. | Getty Trump takes steps toward undoing Obama’s auto emissions limits By Alex GuillĂ©n 03/15/17 06:01 AM EDT President Donald Trump will tap the brakes Wednesday on the Obama administration’s tightening of future vehicle emissions limits, in yet another strike at his predecessor’s energy and clima..
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  • Tillerson's email alias was prompted by business needs, Exxon says

    Tillerson's email alias was prompted by business needs, Exxon says
    HOUSTON U.S. Secretary of State Rex Tillerson, while chief executive of Exxon Mobil Corp (XOM.N), used an alias for emails with employees and board members because his primary account was jammed with too many messages, the oil company said on Tuesday.New York Attorney General Eric Schneiderman, who is investigating whether Exxon misled shareholders and the public about climate change, wrote to a judge on Monday accusing Exxon of not previously disclosing the alias and Tillerson's climate-chang..
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Three new roadway projects to delay commutes in Hialeah, North ... .Samsung leader named a suspect in South Korea political probe .
​Sonos CEO resigns amid high competition .Man accused of trying to kill boss .

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