WASHINGTON — President Donald Trump has decided on his Supreme Court nominee, a person with knowledge of the situation revealed Monday, hours before a prime-time TV announcement that will ignite a fierce confirmation battle. As others speculated about his nomination to replace retiring Justice Arthur Kennedy, Trump had little to...
Why It Doesn't Matter If a Harley Is 'Made in America'
Harley-Davidson was one of the president’s favorite companies less than six months ago. Now it’s the latest business to feel his wrath. That’s because on June 25, Harley-Davidson announced it will move some of its production overseas. The iconic American motorcycle brand said it was doing this to avoid retaliatory...
Smart Money Is Pulling Out of Stock Market
Cash exited U.S. equity funds in June in the largest amount since the peak of the 2008 global financial crisis, according to Lipper data. Reuters reported July 5 the following: "U.S.-based stock mutual funds and exchange-traded funds (ETFs) recorded $36.3 billion in withdrawals overall for the month of June, according to...
Trump's Nationalism Won't Turn Back the Clock
While "Make America Great Again" may be a powerful political slogan for our times, Washington Post economics columnist Robert J. Samuelson says, it misrepresents the past and ignores the forces that drive the world today. Many hark back to the late 1950s and early 1960s as America's last era of "greatness." "It...
With US Out, Other World Powers Negotiate Iran Nuclear Pact
VIENNA — Five world powers agreed with Iran on Friday to forge ahead with negotiations with the country and maintain its ability to export gas and oil as they seek to preserve a nuclear deal with Tehran despite the withdrawal of the United States. European Union foreign policy chief Federica...
With Deficit Ballooning, Trump Wants More Tax Cuts
The Congressional Budget Office and other nonpartisan analyses project that President Donald Trump's tax cuts passed in December will add more than $1 trillion to the deficit over the next decade. For those keeping track at home, fortune.com reports that the U.S. deficit — relative to the economy’s size — is...
That 6% Growth Trump Predicted? It Won't Happen This Year.
Think back to December. Two weeks before Congress passed the Republican tax-reform bill, President Donald Trump predicted that, with tax cuts in place, the American economy would grow by as much as 6%. It's clear now that Trump's data-defying boast won't become reality — although the economy is performing better...
Pruitt Resigns as EPA Chief, Says Trump Presidency is 'God's Providence'
WASHINGTON — Environmental Protection Agency Administrator Scott Pruitt resigned Thursday amid ethics investigations of outsized security spending, first-class flights and a sweetheart condo lease. With Pruitt's departure, President Donald Trump loses an administrator many conservatives regarded as one of the more effective members of his cabinet. But Pruitt had also...
Trump Plans To Reveal Supreme Court Pick on Monday
WASHINGTON — President Donald Trump is closing in on his next Supreme Court nominee, with three federal judges leading the competition to replace retiring Justice Anthony Kennedy. Trump's top contenders for the vacancy at this time are federal appeals judges Amy Coney Barrett, Brett Kavanaugh and Raymond Kethledge, said a...
Did Cohen Just Fire a Warning Shot at Trump?
NEW YORK — After once boasting he would "take a bullet" for Donald Trump, the president's longtime personal lawyer and fixer Michael Cohen fired a possible warning shot toward the White House, saying he now puts "family and country first." In his first interview since federal agents raided his home...