Trump Drops Tariffs on Canada, Mexico Steel Imports to Ease Passage of Trade Deal

The Trump administration has agreed to lift tariffs on steel imports from Canada and Mexico, paving the way for a new trilateral trade deal to go through. President Trump made the announcement in remarks to the National Association of Retailers in Washington, D.C., Friday. “I’m pleased to announce that we’ve just reached an agreement with […]

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Social Media FOMO Causes You to Spend More, Survey Finds

More than a third of Americans say their spending habits are influenced by the spending habits of their social media connections. They say “fear of missing out” on experiences shared by friends on social media causes them to spend more than they can afford. The findings were published by financial services firm Charles Schwab in […]

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Trump Officials, in Possible Showdown with Iran, Discuss Plan to Deploy 120,000 Troops to Middle East

Plans were presented at a meeting of President Trump’s top national security officials last week for a deployment of 120,000 U.S. troops to the Middle East in a possible showdown with Iran, according to The New York Times. President Trump has called the report erroneous. “I think it’s fake news, OK?” Mr. Trump told reporters […]

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China Retaliates with Tariffs on $60 billion of U.S. Goods

China has announced tariffs on $60 billion of U.S. goods in response to $200 billion in tariffs announced by the Trump administration on Chinese goods last week. The economic tit-for-tat has sparked fears of a prolonged trade battle between the two economic powerhouses. The hike in Chinese tariffs came hours after President Trump warned Beijing […]

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San Francisco U.S.’ Billionaire Capital

San Francisco has the most billionaires, per capita, than any city in the U.S. according to a new study conducted by data firm Wealth-X. There is roughly one billionaire for every 11,600 people in the major city closest to tech-hub silicon valley. Globally, the population of billionaires decreased by 5% to about 2,600 individuals. Total […]

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House Dems Hold AG Barr in Contempt; Trump Asserts Executive Privilege Over Mueller Report

Democrats on the House Judiciary Committee voted to hold Attorney General William Barr in contempt of Congress earlier today. The move came after Barr refused to comply with subpoenas to hand over an unredacted version of the Mueller report on Russian election meddling. In response, Barr advised President Trump to invoke executive privilege over the […]

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Treasury Secretary Denies House Dems Requests to See President Trump’s Tax Returns

Treasury Secretary Steven Mnuchin informed congressional Democrats today he will not comply with requests to hand over President Donald Trump’s personal tax returns. “I am informing you now that the Department may not lawfully fulfill the Committee’s request,” Mnuchin wrote in a one-page letter to the House Ways and Means Committee. That committee’s chairman, Rep. […]

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Sinclair Reaches Agreement to Purchase 21 Sports Networks from Disney

Sinclair Broadcast Group, one of the nation’s largest media companies, has reached an agreement to purchase twenty-one regional sports networks from Walt Disney Co. The deal is worth a reported $10.6 billion. The purchase extends the Maryland-based Sinclair’s push into major media markets. Disney came into possession of the sports networks when it took over […]

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Putin Vows to Brief Washington on Summit with Kim Jong Un

An historic summit between North Korean Leader Kim Jong Un and Russian President Vladimir Putin wrapped up with the both sides agreeing to keep denuclearization as a goal for the international community. Both men characterized their talks as “good” and Putin called on the Trump administration to make greater compromises than have thus far been […]

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Prosecutors Charge Pharmaceutical Company for Role in Opioid Epidemic

In a groundbreaking case, federal prosecutors have charged a pharmaceutical company with drug trafficking for their role in the nation’s ongoing opioid crisis. The company, Rochester Drug Cooperative, was charged with “knowingly and intentionally” violating federal drug laws. The company distributed “highly addictive opioids to pharmacy customers that it knew were being sold and used […]

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