WASHINGTON — President Trump marked Christmas by again lobbying for a wall at the southern border, underscoring his unwillingness to acquiesce to Democrats over money to pay for border security. The president offered no indication of when the partial government shutdown might end, insisting that the thousands of federal workers still on the job through…
Remember the budget deficit? U.S. politicians once loudly and frequently decried all the red ink. The complaints faded as the country’s creditors showed no signs that they were worried about the government’s ability to pay its bills and the shortfall melted like ice cream on a summer’s day. The deficit shrank as a share of…
As 2019 approaches, investors are stressing out about the direction of the market next year. Most strategists across Wall Street are expecting stocks to peak in 2019, yet they remain moderately bullish, especially from current depressed levels. Meanwhile, other respected pundits are expecting the sky to fall at any moment, and won't hesitate to tell…
MEMO FROM: Bognor Consulting Group. To: Santa Claus, North Pole HQ, Lapland. Get our daily newsletterUpgrade your inbox and get our Daily Dispatch and Editor's Picks. Thanks for asking us to have a look at your business model. Our staff have now recovered from their frostbite and have a number of significant suggestions for a…
With stocks extending their slide Monday, President Trump took another swipe at the Federal Reserve, writing on Twitter that the “only problem our economy has is the Fed” as he continued to blame the central bank for recent volatility in the financial markets. But Mr. Trump’s comments only exacerbated the sell-off on Wall Street, and…
What do you buy this holiday for the person who has everything — including a $1,000 sterling silver “tin can” released last year as part of Tiffany & Co.’s Everyday Objects collection? How about a $35,000 watering can from the same line? For the same price Tesla Inc. has long promised for its base Model…
Investors have a lot to parse through on Christmas Eve after the most brutal week for US markets in a decade, wading through thin trading and early exchange closures before signing off for the holiday. They're scratching their heads. Treasury Secretary Steve Mnuchin just shocked the market by invoking crisis-era language in describing a call…
AROUND 10pm on Saturday a tsunami rolled up the Sunda Strait, which separates two of Indonesia’s biggest islands. It hit South Lampung, on the southern-most tip of Sumatra, and Pandeglang, on the western coast of Java. The tsunami came without warning and left towns and villages devastated. A three-metre-high wave crushed vehicles and razed buildings.…
WASHINGTON — President Trump said on Sunday that he would remove Defense Secretary Jim Mattis, who issued a stinging rebuke of the president when he announced his resignation last week, from his post by Jan. 1, two months before he had planned to depart. Mr. Trump, in a Twitter post, said that Patrick M. Shanahan,…
NORAD is continuing its 63-year tradition of tracking Santa’s arrival across the world despite the partial government shutdown. More than 1,500 military personnel and volunteers in an air force base in Colorado will be hard at work Christmas Eve, tracking Santa Claus and answering children’s calls, reported NPR. NORAD Tracks Santa is run by volunteers…
