U.S. Household Net Worth Pushes Further Into Record Territory
Americans’ wealth pushed further into record territory in the final quarter of last year, hitting nearly $100 trillion thanks to rising stock markets and property prices.
Wall Street
Stocks, U.S. dollar fall on fears Trump starting trade war
Stocks tumbled on Wall Street while the U.S. dollar fell on Thursday after President Donald Trump said the United States would impose tariffs on steel and aluminum imports, sparking fears of a harmful global trade war.
Appeals Court: Gay Employees Can Sue Employers for Sexual-Orientation Discrimination
A federal appeals court on Monday ruled gay employees can sue their employers for discrimination on the basis of sexual-orientation under the 1964 Civil Rights Act.
U.S. Oil Production Tops 10 Million Barrels A Day for First Time Since 1970
U.S. oil production surpassed 10 million barrels a day in November for the first time in nearly 50 years, a milestone that underscores the growing dominance of the U.S. oil industry.
‘It’s time for us to rebuild our country’: Trump hopes to deal with Democrats on infrastructure
The White House on Sunday said President Trump wants to introduce an infrastructure package in January and reach for a deal with Democrats, a pivot toward bipartisanship after Republican-only efforts on health care and taxes produced mixed results this year.
U.S. blames North Korea for ‘WannaCry’ cyber attack
The Trump administration has publicly blamed North Korea for unleashing the so-called WannaCry cyber attack that crippled hospitals, banks and other companies across the globe earlier this year.
US investigator Mueller probing Kushner’s contacts with Israelis — report
US special counsel Robert Mueller’s team is investigating senior White House adviser Jared Kushner over contacts with Israeli officials, according to a Wall Street Journal report Tuesday.
A Russian ghost submarine, its US pursuers and a deadly new Cold War
The Krasnodar, a Russian attack submarine, left the coast of Libya in late May, headed east across the Mediterranean, then slipped undersea, quiet as a mouse. Then, it fired a volley of cruise missiles into Syria.
Russian Hackers Used Kaspersky Software to Steal NSA Data on U.S. Cyber Defense
Russian hackers stole data belonging to the National Security Agency about America’s cyber defense from the home computer of a U.S. government contractor, according to people familiar with the matter.
Puerto Rico’s $70 billion debt will have to be wiped out, Trump says
President Trump has called for Puerto Rico to have its crippling debt forgiven and said it’s tough luck for the Wall Street holders of the debt.
Senate GOP Reaches Tentative Deal For 10 Year, $1.5 Trillion Tax Cut
Senate Republicans announced Tuesday that they have struck a tentative deal for sweeping tax reform, with tax cuts totaling $1.5 trillion over 10 years.
Wall Street Banks Warn Downturn Is Coming
HSBC Holdings Plc, Citigroup Inc. and Morgan Stanley see mounting evidence that global markets are in the last stage of their rallies before a downturn in the business cycle.
U.S. Intel Community Warns of Last Resort Chemical Attack by Syria’s Assad
The intelligence community in the United States is concerned that the Syrian government led by President Bashar Assad may deploy a large-scale chemical weapons attack as a last resort effort to protect regime strongholds from rebels in the embattled country.
Israel Cabinet Convenes to Discuss Cease-Fire Negotiations
The security cabinet convened in Tel Aviv on Friday morning to discuss the cease-fire agreement and negotiations taking place between Israel and the Palestinians in Cairo, the Jerusalem Post reported.
Muslim author claims Jesus was Illiterate
Author Reza Aslan claims Jesus was just a lowly laborer who lacked the education required to read the Torah, or any other text no matter the language, according to The Wall Street Journal.
Olympic spirits and global illusions
“What’s needed is …something analogous to the ancient acropolis, where today’s diversity of national and ethnic customs and religious traditions can be celebrated and upheld for the enrichment of everybody….The new acropolises will… provide opportunity for sacred expression needed to bind the people of the planet into a viable, meaningful, and sustainable solidarity.”[2] [Dean James Morton, Cathedral of St. John the Divine in New York, 1996 UN Conference on Human Settlements]