Here Are All The Favors Donald Trump Has Performed For Wall Street

Donald Trump built his presidential campaign around two ideas: 1) a corrupt financial establishment had swindled the middle class, and 2) immigrants and foreigners are dangerous. Government SachsTrump’s affinity for Wall Street is most obvious in his choice of personnel. Reviewing Dodd-FrankWithin two weeks of taking office, Trump was already delivering policy favors to Wall Street. Trump Transportation Secretary Elaine Chao was a master of this approach when she served as Labor Secretary for President George W. Bush. Trump was sending the strongest signal possible to Wall Street that he will not interfere with their quest for profit, however reckless or ill-gotten it may be.

February 23, 2017 10:45 UTC

‘The Daily’: Last Shot to Leave ISIS

On today’s episode:• The biggest Islamic State stronghold in Iraq seems on the verge of falling to United States-backed forces. Sign up and I'll send you a daily link to a story (or episode of the show) you won't want to miss. If you’re reading this from your phone, tap this link, which will take you straight there. If you’re reading this from your phone, tap this link to play the latest episode and learn more about the app. Advertisement Continue reading the main storyOr if you prefer another podcast player, you can find “The Daily” there.

February 23, 2017 10:41 UTC

Saudi Arabia Shrugs Off Concerns About Deflation, Despite Weak Outlook For Economy

Saudi Arabia is having to come to terms with deflation for the first time in more than a decade. Saudi inflation has been on a downward trajectory since 2008, but the fall in January was particularly sharp — in December the inflation rate stood at 1.7%. While high inflation can cause plenty of problems for an economy, deflation is generally seen as a negative factor too. Among other things, it can act as a brake on economic activity as people postpone spending while waiting for prices to fall further. Non-oil growth is also likely to remain subdued, at around 1%, as a result of the government’s continued austerity drive.

February 23, 2017 10:41 UTC

Iraqi Forces Storm Mosul Airport as Battle for ISIS-Held West of the City Escalates

Iraqi forces entered Mosul International Airport on Thursday, a key target in the operation to retake Mosul from Islamic State. They also entered the sprawling Ghazlani military base adjacent to the airport. Photo: Getty ImagesMOSUL, Iraq—Iraqi military forces seized control of at least half of the Mosul’s international airport on Thursday, an Iraqi military official said, in their most significant advance so far in their fight to retake the Islamic State-held western side of the city. Iraqi forces breached the outer edge of the airport earlier in the day, said the official, Brigadier Yahya Rasool, spokesman for Iraq’s joint operations command.

February 23, 2017 10:35 UTC

Lebanese Fear Being Caught in Trump’s Push on Iran

BEIRUT—No country is more important for Iran’s regional influence than Lebanon, where the Shiite militia Hezbollah plays an outsize role. Now that President Donald Trump seeks to roll back this Iranian sway, many Lebanese fear their country will end up paying the price. In a nation of 18 officially recognized religious communities, Shiites account for about 27% of Lebanon’s population, according to Central Intelligence Agency...

February 23, 2017 10:30 UTC

Clearly, the Trump administration has a problem with Jews

The State Department release had contained, as in past years under preceding presidents, mention of the six million Jews exterminated by the Nazis. The White House says it did not know about this draft. But the President's ghost writers clearly knew, when they decided to "forget" the Jews, what they were doing and why. Finally there was the spectacle that followed the omission of Jews from the White House statement on Holocaust Remembrance Day. Either the newcomer is indeed a new pharaoh and will associate the Jews with the predecessor whose cause and destiny they so recklessly embraced.

February 23, 2017 10:30 UTC

Border-Adjustment Tax Divides Energy Sector

The linchpin of a corporate tax overhaul proposed by House Republicans would mark a massive change for the U.S. oil and gas industry and has companies frantically studying whether to get behind it, fight it or stay on the sidelines. The proposal, a border adjustment tax, would remove companies’ ability to deduct import costs, including on raw materials, as regular business expenses. In turn, exports and other foreign sales wouldn’t...

February 23, 2017 10:30 UTC

Stephen Colbert Shreds Donald Trump's 'Phone Buddy' Alex Jones

Stephen Colbert went all in on conspiracy theorist Alex Jones on Wednesday. After describing President Donald Trump as a “hot head” and a “powder-keg,” the “Late Show” host stressed the importance of the commander in chief receiving counsel from people who are “even-keeled.”“Unfortunately, he’s talking to some jerk named Alex Jones,” said Colbert, who lamented the conservative radio host’s reported new role “as occasional information source and validator for Trump, with whom he sometimes speaks on the phone.”

February 23, 2017 10:18 UTC

The tech solutions to end global hunger

According to WeFarm, 90% of small-hold farmers are now able to access a cell phone, meaning many could be connected globally. Using WeFarm, farmers can send texts to ask about diseases that might be affecting their crops. "Our farmers have information and knowledge that would benefit other farmers within the network. New seeds to break traditionThe quest for information among farmers does not stop at sending a text. In most of the countries in the area, more than 25% of the population suffers from hunger and chronic undernourishment.

February 23, 2017 10:08 UTC

Carrie Underwood admits to applying makeup on her husband

“I have actually put makeup on my husband,” said the 33-year-old singer to InStyle while playing the beauty edition of Never Have I Ever. ❤️️💖😍😘 A post shared by Carrie Underwood (@carrieunderwood) on Feb 14, 2017 at 3:19pm PSTCARRIE UNDERWOOD SALUTES THE TROOPS AT SEA“I’m my own glam squad before shows,” Underwood explained. Aaaaaand...still trying... A post shared by Carrie Underwood (@carrieunderwood) on Feb 12, 2017 at 8:32pm PSTIt looks like Underwood will have some extra time to perfect her skills. CARRIE UNDERWOOD SURPRISES MILITARY FAMILY“I’m really excited about that, because you don’t know where you’re going to go,” she said. I’m kind of waiting for lightning to strike and go: ‘Okay, it’s time to get creative and work on new music!’”

February 23, 2017 10:07 UTC

Don Rickles: 'I have no plans to slow down'

At age 90, Don Rickles has zero plans of slowing down. “And it’s nice because I have no plans to slow down.”DON RICKLES RECOVERING FROM FLESH-EATING DISEASEAccording to Rickles, time flies when you’re having fun, which is why he never plans on retiring. After serving in the Navy during World War II, Rickles pursued acting at the American Academy of Dramatic Arts. DON RICKLES DOESN'T HAVE TO BE POLITICALLY CORRECT, FAMOUS COMEDIANS SAY“When I was at temple affairs or any other kind of function, my mother would say, ‘Get up there,’ and I was always able to make people laugh,” added Rickles. “If people keep showing up to see you, then it’s still a high.”The latest issue of Closer Weekly featuring Don Rickles is currently on newsstands.

February 23, 2017 10:07 UTC

Morning brief: Conservatives flock to CPAC

For the last eight years, conservatives used their signature annual gathering to blast the Obama administration. Now, the GOP is in charge -- and this week’s Conservative Political Action Conference is the movement’s first big chance since President Trump’s victory to hone their agenda. The airport has been an ISIS stronghold and its loss would be a major setback for the militants. A newly released poll shows that registered voters in the U.S. are divided down the middle on their feelings towards ObamaCare. According to the Politico/Morning Consult poll, prior to President Trump taking office, a majority of those polled had an unfavorable opinion on the health law.

February 23, 2017 10:07 UTC

Divisions of Labor

The other popular solution to the crisis of the working class was job retraining. President Obama promoted job retraining, as did Hillary Clinton as a presidential candidate, along with many Republicans. PhotoNow when politicians invoke “the working class,” they are likely to gesture, anachronistically, to an abandoned factory. It showed that a new kind of solidarity was in reach, even if the old unions may not be ready. In 2016, the ailing A.F.L.-C.I.O., which for more than six decades has struggled to hold the labor movement together, suddenly dissolved the Northeast Indiana Central Labor Council, citing obscure bureaucratic imperatives.

February 23, 2017 10:00 UTC

Trump Vowed to Protect the Safety Net. What if His Appointees Disagree?

“The appointments that he’s made are troublesome and very, very scary,” Senator Al Franken, Democrat of Minnesota, said. “He made a pledge and sort of delineated himself from the rest of the Republican field by saying these things. And last March, Mr. Trump said during a debate among Republican presidential candidates that he planned to make no changes. “I will do everything within my power not to touch Social Security, to leave it the way it is,” Mr. Trump said. The entire Medicare system is at risk.”And those cuts would not just affect poor minority voters, who tend to support Democratic candidates.

February 23, 2017 09:56 UTC

36 Hours in Trinidad

Saturday5) 8 a.m. To marketExplore the outdoorsy parts of Trinidad that are within easy reach of Port of Spain. Begin at the Green Market Santa Cruz, a farmers’ market set in a garden a 20-minute drive from the city on the road to Maracas Bay. 6) 10 a.m. Hit the beachDrive north from the Green Market to Maracas Bay, along a narrow road of hairpin turns with gorgeous views from the cliffs’ edge down to the water. Teenagers play soccer in the sprawling Queen’s Park Savannah, in the heart of the city. (The second-floor Cazabon Gallery houses works by Trinidad’s most famous painter, Michel-Jean Cazabon; check the website for hours.)

February 23, 2017 09:56 UTC

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