Billions On The Line For Firms As Trump Weighs Iran Pullout. U.S. probes Cohen over cash he built up during campaign. North Korea says denuclearization pledge not result of U.S.-led sanctions. Warren Buffett: I was wrong on Google and Amazon, Jeff Bezos achieved a business ‘miracle.’ U.S. Senator John McCain, who is battling brain cancer, does not want Donald Trump at his funeral.
Top Greek Banks Would Lose 15.5 Billion Euros Of Capital In Stress Scenario: ECB. Greece arrests doctors and nurses over stolen cancer drugs. Buffett accounting ‘nightmare’ fuels first loss in nine years. Argentina raises interest rates to 40%. Greece arrests doctors and nurses over stolen cancer drugs. Fidelity fires 200 over alleged misuse of reimbursements. Rescuers in Poland find 2 coal miners alive.
U.S. To Become World’s Top Oil Exporter. U.S. adds a modest 164,000 jobs; unemployment down to 3.9 pct. Special counsel Robert Mueller focusing sharply on links between Trump confidant Roger Stone and former campaign official Rick Gates, sources say. 10-Year Treasury over 3%: Yield curve turning negative, Michael Cohen reportedly breaks his silence, takes shot at Rudy Giuliani.
President Trump’s Trade Shakeup Hasn’t Delivered The ‘Better Deal’ He Promised. Trump says ‘retainer’ to lawyer covered porn star payment. President Donald Trump reimbursed his personal lawyer for $130,000 in hush money paid to a porn actress. Fox’s Napolitano says Giuliani claim ‘unworthy of belief.’ U.S. investigators wiretapped phone lines of Trump lawyer: NBC ISM nonmanufacturing index slows to four-month low in April.
Trump Loses Another Lawyer — Ty Cobb Leaving, Reportedly Being Replaced By Clinton Impeachment Attorney Emmet Flood. Mueller raised possibility of presidential subpoena in meeting with Trump’s legal team. Mueller still mulling Trump campaign collusion with Russians. Trump ‘dictated that whole letter’ praising his health, says his ex-doctor. Rosenstein: ‘We strongly support appropriate Congressional oversight,’ but DOJ will not be ‘extorted.’ Market correction of 30-40% could be coming soon, investment guru Mark Mobius warns.
Impeachment Looms Large In White House Midterm Plans. Construction spending stumbles in March but is stronger for the year to date. U.S. manufacturing growth slows more than expected in April. Gibson guitar maker files for Chapter 11 bankruptcy protection. Trump doc says Trump bodyguard, lawyer ‘raided’ his office, took medical files.
U.S. Inflation Hit Federal Reserve’s 2% Target In March. Trump says he relishes enthusiasm, ‘love’ at Michigan rally. Oil prices slide as U.S. rig count points to rising production. Trump warns his impeachment could follow if Democrats take back Congress. Netanyahu: Iran had secret ‘Project Amad’ to design, produce and test warheads.
Trump Threatens Government Shutdown In September If No Funding For Wall. Talks between North Korea and South Korea avoid specifics about nuclear weapons and Trump summit. Asylum-seekers in Mexico snub warnings of stern US response. Will Cohen flip? Tenuous finances may provide crucial clues.
Trump Dismissed Warnings From GOP Leaders That Party Could Lose House: Report. PPG will cut 1,100 jobs amid growing material costs. Russian from Trump Tower meeting: ‘I am a lawyer, and I am an informant.’ FBI says it warned White House about Rob Porter in March ’17. Merkel and Trump aired differences over trade and NATO on Friday at a White House meeting. German business leaders fear U.S. tariffs after Merkel-Trump talks. Stocks showing a lack of direction on mixed earnings.
North And South Korea Vow To End War, Pursue Denuclearization. James Comey on Trump’s assertion that releasing memos was illegal: ‘I think he’s just making stuff up.’ EX-CIA chief Mike Pompeo confirmed as secretary of state. Trump begins distancing himself from Cohen after FBI raid. Feds seized more than a dozen of Michael Cohen’s phones. Cohen loaned millions to Ukraine-born cab mogul. First-quarter GDP grows slows to 2.3% as consumers pull in their horns.
Bill Cosby Found Guilty Of Sexual Assault In Retrial. WSJ: Labor Department probes Wells Fargo’s 401(k) practices. Senate panel approves bill to protect special counsel. Oil prices rise on concerns over supply disruptions, but surging US output looms. Deutsche Bank scales back investment bank as profit drops. James Comey on Trump’s assertion that releasing memos was illegal: ‘I think he’s just making stuff up.’
North Korea’s Nuclear Test Site Has Collapsed… And That May Be Why Kim Jong-Un Suspended Tests. U.S. extends deadline for Russia sanctions, aluminum prices dive. 10-year Treasury yield hits 3% for first time since 2014. Google-owner Alphabet’s shares fall on rise in costs. Macron: France will not leave the Iran nuclear deal ‘because we signed it.’ Trump threatens ‘big problems’ for Iran.
FAANG, Industrial Stocks Hit Wall Street. 3M’s stock tumbles into bear market territory after most disappointing results in a decade. Netflix to issue $1.5 billion of junk bonds to finance its massive spending plans. Stocks stumble as U.S. yields near the 3 percent barrier. Experts warn North Korea won’t give up nukes, despite rhetoric. Chicago Fed economic measure cools in March from February’s nearly two-decade high. Facebook’s hidden data haul troubles German cartel regulator.
Sean Hannity Received HUD Help On Multi-Million Dollar Property Deals. OPEC is acting with ‘noble goal’ of rescuing the oil market, says organization’s president. Dershowitz: FBI waging ‘epic battle’ for Michael Cohen’s ‘soul.’ Oil steady as U.S. drilling tempers bullish sentiment. NYT reporter: Story on Cohen flipping ‘hitting a nerve’ with Trump. Gold slips to two-week low amid rising U.S. yields, dollar. Saudi says it intercepted missiles fired at Aramco facility by Houthis. Netflix to raise $1.5 billion in debt. Stocks stumble as U.S. yields near the 3 percent barrier.
Mobius Says There’s A 30% Correction Coming For U.S. Stocks. Fusion GPS founders lay out where Mueller’s case against Trump might be going (and it’s not Stormy.) Trump rips WashPost story on AG Jeff Sessions: More ‘fake’ news. Report: Trump ‘hasn’t cooled’ on firing Rosenstein. Trump touted hiring Giuliani as ‘hiring America’s f—ing mayor.’ Report: Mueller team ‘amused’ by Rudy Giuliani’s goal to end Russia probe.
Kim Jong-Un Says Halted North Korean Tests For Now. Ex-Forbes reporter says Trump posed as executive, lied to him to crack Forbes 400 list. Trump’s legal team bracing for Cohen to cooperate with federal investigation: report. Fed’s Kashkari: Bond market is ‘yellow light flashing’ about a possible recession. Fed must be alert to imbalances given unusual timing of fiscal stimulus, Brainard says. Sessions warned White House he could quit if Trump fired Rosenstein.
Russia Says It Might Not Stay Committed To The OPEC Oil Deal Until The End. New York Attorney General seeks power to bypass Presidential pardons. Rudy Giuliani joining Trump’s legal team ‘for the good of the country.’ Comey memos detailing conversations of Trump meetings published. Trump’s latest plan for saving coal comes from Truman era. In stunning CNN interview, Trump’s divorce lawyer suggests Cohen will flip. Trump criticizes OPEC, calling oil prices ‘artificially’ high. SEC proposes rule to combat conflicted investment advice.
Trump Undercutting Ambassador Plays Right Into Comey’s Tease About The Worst Russia Narrative. White House notified Russia no new sanctions are coming… therefore no need to release the videos. Fed’s Dudley: More than four interest rate hikes unlikely this year. OPEC’s new price hawk Saudi Arabia seeks oil as high as $100. Cohen would turn against President if charged, counselor warned Trump. Trump declared he’s running again. Many Republicans aren’t ready to back him. The typical Amazon worker made less than $30,000 in 2017. Oil’s ‘artificial’ surge to multi-year highs could spark a new crisis, economist warns. 75% of the ultra-rich forecast a US recession in the next two years, survey finds.
Starbucks To Close All Company-Owned Stores On The Afternoon Of May 29 For Racial-Bias Education Day. Model claiming Trump secrets blames US for Thai prosecution. Exclusive: OPEC’s new price hawk Saudi Arabia seeks oil as high as $100 – sources. As GOP balks, McConnell shuts down bill to protect Mueller. Global debt has reached a record high, IMF says, and three countries are to blame.
Corporations Incentivized To Offshore Jobs Thanks To GOP Tax Bill: CBO Report. Fox’s Hannity revealed as mystery client of Trump’s personal lawyer. Comey speculates Russians may have damaging info on Trump. Trump’s personal lawyer coughs up name of mystery client: Sean Hannity. In South Korea, overseas cryptocurrency offerings skirt local clampdown. What’s in those seized records? Trump’s biggest new worry.
Trump Hits China For Currency Devaluation, Countering Treasury Report. NYT: Trump confidants see Cohen probe as bigger threat to Trump than Mueller probe. Trump claims lawyers Are ‘deflated and concerned’ about FBI’s Cohen raids. Trump lawyer arranged $1.6 million payoff to Playboy Playmate for Republican fundraiser: source. Russia starts blocking Telegram messenger. New York attorney Steven Molo tells Trump no way! Comey in ABC interview: Trump is ‘morally unfit to be president.’ New York Manufacturing Index drops more than expected in April. Britain’s biggest carmaker cuts 1,000 jobs.
Exclusive: FBI Seized Recordings Between Trump’s Lawyer And Stormy Daniels’ Former Lawyer. US claims on setting back Syria chemical weapons capability likely exaggerated, say experts. Mattis: Syria strikes a ‘one-time shot,’ further operations will depend on Assad. Trump’s personal attorney can’t seem to keep his lies straight. Comey says Trump reacted to news of Russian meddling by asking if it changed election results. Trump approval declines, and Democrats have big enthusiasm edge over GOP for midterm elections: NBC/WSJ poll. Chaos, consultation: Inside Trump’s decision to strike Syria. Huge rally in Barcelona to demand jailed separatists go free.
Trump In ‘Serious Peril’ Over Cohen: Former US Prosecutor Report About Michael Cohen’s Secret Trip To Prague Corroborates Key Steele Dossier Claim. Trump announces strikes on Syria following suspected chemical weapons attack by Assad forces. Ex-CIA director tears into Trump: ‘Your kakistocracy is collapsing.’ Trump lawyer has been under criminal probe for months, U.S. says. ‘Love child’ story could be used as evidence of illegal campaign contributions. Trump allies fear feds may have seized recordings made by Trump’s lawyer: report. Pentagon: Syria strikes took out the ‘heart’ of Assad’s chemical weapons program.
No One Is Buying Russia’s Lies And Cover-Up. China’s trade surplus with U.S. soars. Trump FIXATED ON GOLDEN SHOWERS. Trump can’t stop Russia investigation even if he fires Mueller. Tax cuts were supposed to juice the economy, but banks aren’t seeing it. Haley: Trump is suddenly very concerned about Scooter Libby. Here’s why. Higher stakes than ever as Trump, allies mull Syria strike.
Robert Mueller’s Nuclear Option. ‘GET READY RUSSIA!’ Donald Trump warns Putin his missiles are coming ‘fast and smart’ after Russia vowed to bomb US sites if it strikes Assad. The GOP tax plan means short-term gains for the economy, but federal debt is primed to explode, CBO analysis says. Donald Trump cancels South America trip. Mueller is investigating a $150,000 payment a pro-Russian oligarch made to the Trump Foundation during the campaign. ‘A total witch hunt’: Trump tweets blistering early morning attack on his own Justice Department and says ‘attorney-client privilege is dead.’ US’ Moscow sanctions are finally proving a ‘major game changer’ for Russia. Oil jumps 3% to above $65 on growing Middle East tensions. Trump rants on Ukraine, WH fake news, ‘corrupt Russia’ probe. Senate GOP leaders warn Trump not to fire Mueller but reject calls for legislation to protect him. Paul Ryan lost and Donald Trump won in the fight for the future of the GOP.
Donald Trump Has Never Been More Likely To Fire Robert Mueller Than He Is Right Now. Trump blasts FBI raid on Michael Cohen as “disgraceful situation.” Mueller is investigating a $150,000 payment a pro-Russian oligarch made to the Trump Foundation during the campaign. US’ Moscow sanctions are finally proving a ‘major game changer’ for Russia. Search warrant reveals Mueller’s interest in Manafort’s actions during Trump campaign.
Trump Attorney Cohen Is Being Investigated For Possible Bank Fraud, Campaign Finance Violations, According To A Person Familiar With The Case. Trump furious after FBI seizes documents from his lawyer. Iran threatens to restart nuke enrichment program in matter of days. Cambridge Analytica whistleblower says Facebook users’ data could be stored in Russia. Israel accused of bombing Syrian air base after attack in Douma. Trump lobbied against fire-sprinkler laws for skyscrapers in 1990s… Jared Kushner’s $1.2 billion miracle. Trump confers with military on suspected gas attack in Syria. FANG stocks’ bite has U.S. fund managers looking for alternatives. Russia sanctions: Shares in Deripaska-controlled firms crash.
Trump Threatens “Animal Assad,” Putin Over Alleged Chemical Attack In Syria. Retiring GOP lawmakers cut loose on Trump. Blaze on 50th floor of Trump Tower in New York kills 1. Kudlow defends Trump’s tariff moves: China is ‘breaking a lot of laws.’ Republicans seize on impeachment for edge in 2018 midterms. World’s richest one per cent are on track to own two thirds of global wealth by the year 2030. Stocks drop after Fed chairman signals more rate hikes. Fed’s Evans says inflation will hit 2 percent, and gradual rate hikes will be appropriate. Soaring U.S. oil exports may derail the crude rally.
Mnuchin: There Is ‘Potential’ For A Trade War With China. Veteran trader Art Cashin: We were close to having potential market ‘bloodbath.’ Russia says wider cooperation arrangement with OPEC could be indefinite. Syrian showdown: Trump vs. the Generals. Mueller has evidence that Trump supporter’s meeting with Putin ally may not have been a chance encounter: Sources. Trump preparing for potential interview with Mueller, report says. 30-year Treasury bond yield posts largest weekly climb in more than two months.
Trump’s Tariff Gamble With China Could Be Catastrophic For The Economy, The GOP – And His Own Presidency. Trump’s incoherent position on the border ‘crisis,’ in one tweet. Exclusive: Kremlin ties to pages deleted by Facebook should have been obvious months ago. How to make sense of all of Trump’s statements on Syria this week. Ex-Treasury secretary compares Trump to Mussolini. U.S. trade deficit rises to near 9½-year high. Trump denies knowledge of payment to Stormy Daniels. Going off script, Trump bashes immigration at tax cut event. Market volatility is reminiscent of the 1987 crash: Veteran trader Art Cashin. ‘Tired of being told no,’ Trump freezes out chief of staff John Kelly. Guggenheim investment chief sees a recession and a 40% plunge in stocks ahead.
Putin Cements Powerful New Alliance With Iran And Turkey. Larry Kudlow: Trump’s tariffs on China may not go into effect. Bannon on trade-war angst: ‘To hell with Wall Street.’ Facebook says data leak hits 87 million users, widening privacy scandal. U.S. is net natural gas exporter for 1st time in 6 decades thanks to new infrastructure. Escalating U.S.-China trade dispute heightens global concerns. Larry Kudlow: On trade, Donald Trump ‘putting his cards on the table’ with China. Trump: Trade war with China was lost years ago. Bahrain discovers offshore oilfield ‘containing 80bn barrels.’ Trudeau sees high chance of NAFTA deal with U.S., Mexico. As Trump bashes Amazon, the Government increasingly relies on it.
Mueller Told Trump’s Attorneys The President Remains Under Investigation But Is Not Currently A Criminal Target. Saudi Arabia and Iran’s ‘intensifying’ feud could soon end OPEC-led supply cuts, strategist says. Washington Post editor says Trump’s claims linking Post to Amazon are “completely made up.” Trump attacks CNN president: ‘Little’ Jeff Zucker isn’t having much fun. A ‘big puke’ is coming in markets – Nick Colas breaks down new survey results that show queasiness. Fed’s Brainard warns about high asset prices even after the stock correction. China announces new tariffs on 106 US products, including soy, cars, and chemicals. Trump advisers urge against hasty U.S. retreat from Syria.
Stocks Could Soon See Another 10% Correction As Investors Face Their ‘Time Of Reckoning,’ Analyst Warns. Stocks’ second-quarter start is the worst since the Great Depression. Mueller has broad authority to investigate Trump’s former campaign boss: Russian Collusion. Rising Russian output weighs on Oil. GM will stop reporting monthly U.S. vehicle sales. Tesla bankrupt? Elon Musk cracks jokes after worst month in 7 years. Mueller investigating Roger Stone’s possible ties with Julian Assange. Trump says he will put U.S. military on southern border.
Donald Trump Tweeting The U.S. Economy Into A DEPRESSION! China imposes tariffs on more than 125 U.S. imports including fruit and pork as fears of trade war grow. Trump on deal for ‘Dreamer’ immigrants: ‘NO MORE.’ Japan survey shows corporate sentiment is worsening. The market is ‘right in the eye of the storm,’ and two charts show dark clouds ahead, says Bank of America analyst. China space lab mostly burns up on re-entry in South Pacific. FirstEnergy unit that runs power plants files for bankruptcy. Bahrain discovers largest oil field in country since 1932.
People Using Home As ATM… Again! Prepare To Lose Everything! Mueller to use Gates’ Testimony to tie Trump Campaign to Russia. Mueller: Rick Gates communicated with Russian spy before election. U.S. stock fund investors pull most cash since February meltdown: Lipper. Iraq bumps up the date for awarding new oil contracts to April 15. FEC filings show Trump campaign regularly used Amazon for supplies. Tesla says Model X vehicle in crash that killed Apple engineer Walter Huang was on autopilot. Uber is shutting down its on-demand delivery service, UberRush. Trump claim about Amazon and post office contradicted by AP.
Trump Tells Advisers He Wants U.S. Out Of Syria – Senior Officials. President Trump accuses Amazon of scamming the USPS. Trump ‘needs to understand’ effect of firing people on Twitter. Former Fox News contributor says he was silenced from talking about Russia. Tesla says Autopilot was engaged during fatal Model X crash. Saudi forces say Houthi missile intercepted over Saudi city – state media. Trump’s call for tariffs creating anxiety in the farm belt.
Mueller Probing Russia Contacts At Republican Convention: Sources. Household debt remains historically high. Trump on North Korea: ‘The rhetoric has calmed down’ takes back steel tariffs. Trump says infrastructure plan will likely have to wait until 2018 elections. This was the quarter when investors were reminded that stocks don’t go up forever. Russia tests its new nuclear intercontinental ballistic missile.
President Trump Tweets About ‘Concerns’ Over Amazon. Apple’s Tim Cook rebukes Zuckerberg over Facebook’s business model. The beginning of the end? Key takeaways from PIMCO’s cyclical outlook. An $800 billion disconnect between the Fed and Treasury is ballooning in the bond market: Wells Fargo. Spurned by big law firms, Trump relies on a handful of lesser-known attorneys. WH official: Jackson vouching for Trump’s health on TV helped him get VA job. U.S. economy is headed for recession and the Fed will be held responsible, SocGen bear warns.
China Preparing List Of Retaliatory Tariffs On U.S. Imports. Cambridge Analytica whistleblower: Facebook able to listen to you at home and work. Tech shares tumble again as regulatory risks rattle investors. Oil prices fall on surprise U.S. inventory rise. An unheard-of problem: The President can’t find a lawyer. Global Times: Little-known lawyer to take larger role on Trump defense team. Poll: Majority of Americans say they are not seeing change in paychecks due to tax cuts. Trump hates Amazon, not Facebook. Trump campaign aide communicated with person tied to Russian intelligence in 2016. U.S. fourth-quarter growth revised up to 2.9 percent; consumer spending surges.
UAE Completes Construction Of Unit 1 At 5.6GW Barakah Nuclear Power Plant. Dow’s 670-point surge belies fact that stock market is on the brink of an absolute breakdown. Rumor is that Paul Ryan may resign as U.S. House speaker, Scalise will replace him, Amodei says. Stocks may already be in a bear market – here’s how long it could last. Arizona suspends Uber’s self-driving car tests after fatal crash. Wall Street bonuses jump 17% to pre-crisis levels. Russia is China’s top oil supplier as pipeline expands.
Remington: Oldest U.S. Gun Maker Files For Bankruptcy. New home sales fall for third straight month in February. Facebook faces scrutiny for pulling Android call, text data. Trump: ‘Economy is looking really good.’ Bank stocks are breaking down even as rates are rising. Diplomats ousted: U.S., Europe punish Russia over spy case. Battered by Great Recession, underfunded public pensions to persist.
Bitcoin Cash Being Accepted By ‘Gold Bug’ Peter Schiff’s Firm. Kudlow defends China approach: Trump sees himself as a ‘free trader.’ Ex-NATO commander: ‘Buckle up’ for increased tensions under Bolton. Cambridge Analytica-linked firm ‘boasted of poll interference.’ Trump pick John Bolton warns of ‘a little shock therapy’ with China tariffs.
China Warns U.S. It Will Defend Own Trade Interests. Congress passes $1.3 trillion spending bill, funds government through September. China should not seek high growth as financial risks mount, warns government official. Trump questioning advisers on whether to publicly respond to sex scandals: report. Trump’s impulses put White House credibility on the line. John Bolton plans to fire dozens of White House officials. ‘They can’t put us all in prison’: violent protests erupt in Catalonia after arrest of separatist leaders.
Immigration Advocates Revel In Trump’s Failure To Get Wall Funding. Wall Street suffers biggest drop in six weeks on China tariffs. John Dowd’s resignation tells you a lot about Donald Trump’s mindset. House sends record $1.3 trillion spending bill to the Senate Thursday. Saudi crown prince bragged about Kushner relationship. China responds to Trump tariffs with proposed list of 128 U.S. products to target.
Sessions Fired McCabe As Payback And To Hide Sessions Russian Collusion During The Trump Campaign. Whistleblower claims Bannon oversaw early efforts to collect Facebook data: report. Former CIA director says Russia could ‘have something’ on Trump. Former CIA director: Trump has shown a lack of integrity. Mark Zuckerberg says Facebook made mistakes in handling the Cambridge Analytica scandal. John Dowd resigns as Trump’s lead lawyer in Mueller probe. Trump slaps China with about $60 billion in tariffs: ‘This is the first of many.’
Federal Reserve hikes interest rate to highest level in a decade amid stronger economy. Fox News Contributor Quits, Slams Network As ‘Propaganda Machine’ For Trump. Sarah Sanders is asked whether the Russian election was free and fair. Trump’s national security advisers warned him not to congratulate Putin. He did it anyway. China and Russia are ‘aggressively pursuing’ hypersonic weapons. Exposed: Undercover secrets of Trump’s data firm. Bloomberg: Kushner company reaped high returns with misleading paperwork.
Facebook Stock Drops After Reports Of FTC Probe And UK Summons Of Zuckerberg In Data Scandal. Dr. Aleksandr Kogan, the Cambridge academic accused of misusing Facebook is a Russian Agent on the Kremlin’s payroll. Republicans tell Trump: Lay off Mueller – but they don’t act. Robots break new ground in construction industry. Revealed: Trump’s election consultants filmed saying they use bribes and sex workers to entrap politicians. This is going to be worse than Watergate.
Turns Out Andrew McCabe Didn’t Lose His Pension After All. Trump’s stimulus will make the deficit with China worse, not better, says Credit Suisse economist. McCabe is ‘considering all options’ after firing. McCabe firing: Trump’s ‘great day for democracy’ smacks of dictatorship. Trump to hire diGenova, who argued FBI framed president. Facebook is under fire for its role as a conduit of influence in American elections.
Fusion GPS Founder Hauled From The Shadows For The Russia Election Investigation. Warner calls on Congress to protect Mueller after McCabe’s firing. Cambridge Analytica denies using Facebook data for Trump campaign. Trump: ‘Mueller probe should never have been started.’ Trump lawyer says Special Counsel Inquiry should be ended. Washington Post editorial board warns Trump: No one is above the law, not even the President. Democrats hold double-digit lead for 2018 midterm elections.