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Trump's economic agenda is exacerbating America's inequality crisis

TRUMP'S ECONOMIC AGENDA IS EXACERBATING AMERICA'S INEQUALITY CRISIS

AP Photo/Manuel Balce Ceneta US income inequality, already at its worst levels since the 1920s, is likely to get worse because of President...

ZTE is just the most obvious of all the signs that China is playing Trump

ZTE IS JUST THE MOST OBVIOUS OF ALL THE SIGNS THAT CHINA IS PLAYING TRUMP

ZTE, a Chinese technology firm, violated US sanctions against North Korea and Iran. So last month the US banned American manufacturers...

 
 
 
We're at a point where Trump's 'Art of the Squeal' could really screw up US trade

WE'RE AT A POINT WHERE TRUMP'S 'ART OF THE SQUEAL' COULD REALLY SCREW UP US TRADE

Reuters The President has become known for making outrageous demands to start a negotiation and then moderating them as is closes. At...

Wall Street will never have the courage to admit why Eddie Lampert failed

WALL STREET WILL NEVER HAVE THE COURAGE TO ADMIT WHY EDDIE LAMPERT FAILED

Eddie Lampert failed at turning Sears around because the entire premise of his approach to the retailer is flawed. Activist investors...

 
 
 
Watching Larry Kudlow flail is a reminder that Trump has taken one of the ugliest habits of Wall Street to the White House

WATCHING LARRY KUDLOW FLAIL IS A REMINDER THAT TRUMP HAS TAKEN ONE OF THE UGLIEST HABITS OF WALL STREET TO THE WHITE HOUSE

Evan Vucci/AP Images Wall Street will not claim President Donald Trump, but that doesn't mean Trump hasn't embraced Wall Street. His...

The US is set for a trade war with China's economy - you should know what it's up against

THE US IS SET FOR A TRADE WAR WITH CHINA'S ECONOMY - YOU SHOULD KNOW WHAT IT'S UP AGAINST

Reuters If the US going to have a trade war with China, we should understand the state of its economy. Looking at the data, the country's...

 
 
 
The Federal Reserve is already looking very different under Jerome Powell than it did under Janet Yellen

THE FEDERAL RESERVE IS ALREADY LOOKING VERY DIFFERENT UNDER JEROME POWELL THAN IT DID UNDER JANET YELLEN

Thomson Reuters New Federal Reserve Chair Jerome Powell vowed continuity with his precedessor, Janet Yellen, but struck a much different...

Trump's stock market braggadocio neglects a key constituency that helped elect him

TRUMP'S STOCK MARKET BRAGGADOCIO NEGLECTS A KEY CONSTITUENCY THAT HELPED ELECT HIM

Ian MacNicol/Getty Images The stock market rally benefits mostly wealthy Americans, according to a report from Credit Suisse. Just...

 
 
 
Something doesn't add up in Janet Yellen promise of higher wages

SOMETHING DOESN'T ADD UP IN JANET YELLEN PROMISE OF HIGHER WAGES

Thomson Reuters The Federal Reserve's expectation for additional wage growth is based on hopes and prayers, not hard evidence. Outdated...

The GOP tax plan is a 'catastrophe' that'll make inequality 'materially worse'

THE GOP TAX PLAN IS A 'CATASTROPHE' THAT'LL MAKE INEQUALITY 'MATERIALLY WORSE'

Chip Somodevilla/Getty Images The Senate version of the Tax Cuts and Jobs Act isn't just ill advised, it's "mean-spirited," ex-American...

 
 
 
Nearly all of the Fed board is up for grabs and that's creating a risk Wall Street isn't thinking about

NEARLY ALL OF THE FED BOARD IS UP FOR GRABS AND THAT'S CREATING A RISK WALL STREET ISN'T THINKING ABOUT

Pablo Martinez Monsivais/AP Federal Reserve turnover is unusually high, with four seats on the central bank's board still awaiting...

It looks like Janet Yellen issued a point by point rebuke of Donald Trump - without ever mentioning his name

IT LOOKS LIKE JANET YELLEN ISSUED A POINT BY POINT REBUKE OF DONALD TRUMP - WITHOUT EVER MENTIONING HIS NAME

Carlos Barria/Reuters; Composite by Bob Bryan/Business Insider Outgoing Federal Reserve Chair Janet Yellen received an award for 'ethics...

 
 
 
Trump's choice for Fed chair reflects a harsh reality all women face in the workplace

TRUMP'S CHOICE FOR FED CHAIR REFLECTS A HARSH REALITY ALL WOMEN FACE IN THE WORKPLACE

AP Photo Presidents normally keep a Federal Reserve chair on for a second term even if they were appointed by a predecessor. Janet...

One sentence from the Senate's social media hearing should petrify Google, Facebook and Twitter

ONE SENTENCE FROM THE SENATE'S SOCIAL MEDIA HEARING SHOULD PETRIFY GOOGLE, FACEBOOK AND TWITTER

Reuters On Tuesday lawyers for Google, Facebook and Twitter were in Washington answering questions about the 2016 election but left...

 
 
 
Americans are already showing signs of maxing out on debt

AMERICANS ARE ALREADY SHOWING SIGNS OF MAXING OUT ON DEBT

Reuters/Andrew Burton Rising US household net worth and lower debt levels relative to income mask sharp underlying inequalities. "Balance...

Trump is applying one of his key business principles to the opioid crisis

TRUMP IS APPLYING ONE OF HIS KEY BUSINESS PRINCIPLES TO THE OPIOID CRISIS

Getty/Drew Angerer Trump designated the opioid crisis a "public health emergency" a fter a ton of public outcry over the administration's...

 
 
 
The GOP has found an innovative new way to steal from your future self

THE GOP HAS FOUND AN INNOVATIVE NEW WAY TO STEAL FROM YOUR FUTURE SELF

Mike Blake/Reuters The GOP wants to punish people saving for retirement to finance Trump's tax cuts. A new plan would encourage people...

Wilbur Ross told Forbes he hid $2 billion from the government and then took it back

WILBUR ROSS TOLD FORBES HE HID $2 BILLION FROM THE GOVERNMENT AND THEN TOOK IT BACK

Reuters Commerce Secretary Wilbur Ross told Forbes that he took $2 billion worth of assets and put them in undisclosed trusts between...

 
 
 
'60 Minutes' just laid out the ugliest truth about the opioid crisis

'60 MINUTES' JUST LAID OUT THE UGLIEST TRUTH ABOUT THE OPIOID CRISIS

CBS 60 Minutes Together, the Washington Post and "60 Minutes" have told the long, sordid story of whistleblower Joseph T. Rannazzisi,...

Trump's base may have won Alabama, but the Goldman guys won the battle over his tax plan

TRUMP'S BASE MAY HAVE WON ALABAMA, BUT THE GOLDMAN GUYS WON THE BATTLE OVER HIS TAX PLAN

Reuters The populists were nowhere in sight during the crafting of President Donald Trump's tax bill, and that's reflected in every...