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Trump says impeachment to sink economy


Cohen pleaded guilty to campaign finance violations in the form of hush payments during the 2016 campaign to two women who alleged they had affairs with Trump, which he said he committed at the behest of the then-candidate. or his son-in-law Jared Kushner. He declared that while he's attorney general "the actions" of the DOJ " will not be improperly influenced by political considerations". Read More »

Trump predicts stock market would crash if he were impeached


The back-to-back legal blows have raised speculation that the Democrats would launch impeachment proceedings if they win the House of Representatives later this year. The Manhattan district attorney's office and the Trump Organization did not immediately reply to CNBC's requests for comment. "I love Michael, and I want Trump out", Karafin said. Read More »

U.S. bull market becomes longest in history


On Tuesday, the S&P 500 reached an all-time intraday high but ended the session below that level. The bull market for US stocks began in March 2009 and has now lasted nine years, five months and 13 days, a record that few would have predicted when the market struggled to find its footing after a 50 percent plunge during the financial crisis. Read More »

Fed chair finally responds to Trump's attacks over rate hikes

The risk of surge in inflation remained low, Mr Powell said. Powell's comments at the annual gathering of economic policymakers in Jackson Hole, Wyoming, will be viewed as a rebuke to the president. But inflation has just risen to the Fed's 2 percent target range after years of low levels, and does not appear to be accelerating. "This is good news, and we believe that this good news results in part from the ongoing normalization process". Read More »

U.S. and Mexico NAFTA talks on hold


Chrystia Freeland said Wednesday that she's been in close contact - including this week - with her USA and Mexican counterparts throughout their two-way NAFTA talks, which are now in their fifth week. The Canadian foreign minister said Canada is looking forward to rejoining talks after bilateral negotiations " and a swift conclusion of the NAFTA negotiations". Read More »

Turkey accuses U.S. of waging 'economic war' in pastor dispute


Relations between the United States and Turkey continue to deteriorate over the detention of USA citizens by the Turkish government, with all the focus on an American pastor, Andrew Brunson , who was arrested in the purge that followed the failed 2016 coup attempt against President Recep Tayyip Erdogan . Read More »

Bull market ignores White House turmoil to set new record

The latest bull run which began on March 9, 2009, when the S&P 500 hit a low of 666 after the Lehman crisis has persisted for 3,453 days by the end of trading on Wednesday and is the longest on record. The Russell 2000 was last up 1.2 percent. The annual meeting comes a day after the Federal Reserve signaled in meeting minutes it would raise rates "soon" and will be followed by a closely-watched speech from Fed Chair Jerome Powell. Read More »

Dozens of Sears, Kmart stores closing nationwide


The embattled retailer said liquidation sales at affected stores will begin as early as August 30. The Sears at Clackamas Town Center in Happy Valley, Ore., and a Kmart in Gresham, Ore., are also among the stores to close. An online listing shows what appears to be about half of the existing Sears store in Fresno, 98,770 square feet on the northern end of the store, available to rent . Read More »

Trump slams Cohen and lauds Manafort after twin legal blows


The guilty plea was a double blow the to President and happened at nearly the same time as former campaign chairman, Paul Manafort, was convicted of financial crimes. In the lead-up to the 2016 presidential election, Ms McDougal sold her story to the Enquirer , which is owned by a personal friend of Mr Trump. Michael Cohen , former lawyer and fixer for US President Donald Trump, doesn't want a presidential pardon and, rather, is hoping to open up about what he knows to investigators ... Read More »

Trump Won’t Acknowledge the Independence of the Fed


The Fed declined to comment, but former Fed officials expressed alarm at Trump's repeated criticism. The president spoke to Reuters in an exclusive interview, the newswire said . Iran, a member of the Organization of the Petroleum Exporting Countries (OPEC) and OPEC's third-largest oil producer, said earlier this week no other OPEC member should be allowed to take over its share of oil exports. Read More »

Trade minister unveils plan to make United Kingdom export ‘superpower’


Will explore how advanced data science techniques can be used, through cross-government collaboration, to identify businesses with the highest potential to export so that they can be approached with targeted support. The strategy says it builds on government's foreign policy, and trade and development agenda. However, an estimation from UK's Department for International Trade states that 400,000 companies expect that they could export but don't, while demand for British goods and ... Read More »

U.S. Election Interference: Russia Should Not Be The Only Suspect


Huffy CEO Bill Smith wrote that the tariffs should have been put in place 20 years ago when Huffy and other USA bicycle makers sought to increase the 11 percent United States bicycle tariff because of aggressive Chinese imports . During the failed high-level negotiations between the U.S. and China, the USA reportedly presented the Chinese with an eight-point maximalist list. Read More »

Google Pixel 3 XL leak confirms big notch, dual front cameras


The Pixel 3 XL is rapidly becoming the most photographed smartphone around. Meanwhile, the AIDA64 reveals that the Pixel 3 XL will pack a 3,430mAh battery, a 6.71-inch display with 1440x2960p resolution. If that's not enough, one of the image also shows the "About Device" page under Settings. The Pixel 3 XL will be the more exciting phone of the two, and it'll be an iPhone X clone with a big notch at the top of the screen. Read More »

Senior ministers deal death blow to Malcolm Turnbull's prime ministership


If a sc-called leadership spill motion was then passed, he would not stand in the vote. The house voted to adjourn and it is now closed until 10 September. He has accepted the resignation of only two ministers including the challenger, Home Affairs Minister Peter Dutton . "As such, I asked him to convene a meeting of the Liberal party at which I would challenge for the leadership of the parliamentary Liberal party". Read More »

Scottish Government calls for no-deal Brexit to be ruled out


Today's papers will include guidance on nuclear safeguards and state aid rules. The Brexit talks have become stuck on key issues, including how to avoid a hard border between European Union member Ireland and the British province of Northern Ireland, and on the future trading relationship. Read More »

Venezuela to begin forex auctions on Tuesday, Maduro says


Venezuela's main business chamber, Fedecamaras, issued a statement saying private businesses are "in serious risk of bankruptcy due to the way in which the measures are being implemented", adding Maduro's announcements were not properly communicated to the people. Read More »

South Africa opens inquiry into alleged graft under former President Jacob Zuma


Much of the probe is expected to focus on Zuma's relationship with the Guptas, a wealthy Indian business family accused of wielding undue political influence. The family wanted her to cancel South African Airways route to India, she alleged. The Guptas have long held a questionable amount of control over business dealings with the former president and his son, Duduzane , who was charged with corruption in July, relating to his alleged involvement in a Gupta-linked plot to bribe Jonas. Read More »

Oil prices edge down on worries over slowing economic growth


In order to keep Iranian oil flowing to China , Chinese refiners and oil traders have started to switch to using Iran-owned tankers for nearly all their crude oil imports from Tehran, Reuters reported on Monday, citing four sources with direct knowledge of the issue. Read More »

Israel approves over 1,000 settler units in West Bank


The embassy opened in May, sparking mass demonstrations in which around 60 Palestinian protesters were killed and more than 2,000 were injured by Israeli forces. The Palestinians "could never get past the fact of Jerusalem becoming the capital, but they will get something very good next because it's their turn next ". Read More »

Russian Federation in gold buying spree ahead of tougher USA sanctions


In Washington, he has said that the European Union should stand "shoulder to shoulder" with the USA on a joint approach. The Russian company said it was baffled by the decision to target them, as the United States claimed the diving equipment they provided to the Russian government was used to violate sanctions. Read More »

S&P Ties Record High


But Chinese investors sold shares across the board, sending both the Shanghai Composite index and blue-chip CSI300 index down 0.5 per cent, as economic concerns returned after the central bank said on Tuesday it would not resort to strong stimulus to support growth. Read More »

U.S. imposes fresh sanctions over Russian cyber attacks

Earlier on Tuesday, the US Treasury Department announced that it imposed sanctions on two Russian individuals, three companies and six Russian-flagged ships over alleged violations in its trade with North Korea and its cyber-activities. The United States on Tuesday imposed sanctions on two Russians, one Russian company and one Slovakian company for what Washington said were their actions to help another Russian company avoid sanctions over the country's malicious cyber-related activities. Read More »

US rejects Turkey's offer to release pastor


Turkey and the U.S. also disagree over their military interventions in the Syria war, Ankara's plan to buy missile defense systems from Russian Federation and the USA conviction of a Turkish state bank executive on sanctions-busting charges in January. Read More »

Ex Trump campaign chief found guilty


Cohen did not specify the women's names, but the sums correspond to a payment known to have been made to porn star Stormy Daniels just before the election to silence her claims of a one-night stand with Trump - and another destined for former Playboy model Karen McDougal . Read More »

Dollar dented by Trump's Fed comments


Scott's account is significant because Powell is under increasing White House pressure to back down from his goal to slowly raise interest rates. In an interview with American Public Media's "Marketplace" radio show in July, Powell said he was "deeply committed" to maintaining the Fed's tradition of preserving its independence from political concerns. Read More »

Total quits Iran over US curbs


The second wave that would hit in November would ban investments in Iran's oil and gas projects. French oil and gas company Total has officially left the contract with Iran to develop the South Pars oil field in southern country, a senior Iranian government official was quoted as saying in a media report. Read More »

UNIAN: Trump names conditions for Russian Federation sanctions lift


Hunt, who took over from Boris Johnson as Britain's foreign secretary in July, will meet U.S. Secretary of State Mike Pompeo and other U.S. officials on August 21, and address the United Nations Security Council on August 23. The Treasury Department imposed new sanctions on two Russians, one Russian company and one Slovakian firm over actions it said helped another Russian company avoid penalties over cyber-related activities. Read More »

U.S. dollar weakens after Trump slams Fed rate hikes

Powell took over as Fed chief earlier this year. USA stock prices dipped after Trump's comments to Reuters and the US dollar edged down against a basket of currencies. "Trump extended his criticism yesterday to the FX market, stating that "I think that China's manipulating their currency, absolutely". Two, comments like these will produce diminishing returns for the president. Read More »

Plane With 2 Blown Tires Attempting To Make Emergency Landing


A plane carrying 16 people is attempting to land in western MA after blowing two front tires during takeoff from New Jersey late Tuesday morning. A pilot whose plane blew two tires with 16 people aboard after taking off from Teterboro Airport was headed to MA for an emergency landing, authorities confirmed. Read More »

2 goats found wandering subway tracks


Two goats are roaming along the N line tracks in Brooklyn on Aug 20, 2018. Seemingly making light of the situation, NYC Transit posted another tweet calling the goats, "Two very baaaaad boys". A few hours later, Animal Care Centers, an animal welfare group, tweeted that Farm Sanctuary would pick up the goats to take care of them. It's unclear how the goats got onto the tracks and the NYPD and Animal Control are still trying to wrangle the animals. Read More »

Flushed contact lenses add to burden of plastic waste


Throwing Away Your Contact Lenses? Halden, Charles Rolsky and a third member of the team, Varun Kelkar, began to investigate. They found that "15 to 20 percent of contact lens wearers are flushing contacts down the sink or toilet", lead study author Charlie Rolsky, a doctoral student in biology at the same institution, said in a statement . Read More »