POTUS says he has a nondisclosure agreement with niece Mary Trump
In an Oval Office interview on Friday afternoon, President Trump told me that he held off on imposing Treasury sanctions against Chinese officials involved with the Xinjiang mass detention camps because doing so would have interfered with his trade deal with Beijing. Driving the news: Asked why he hadn’t yet enacted Treasury sanctions against Chinese…
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Construction material stocks are surging on reports that President Trump’s administration is preparing a $1 trillion infrastructure proposal
Rich Pedroncelli/AP Photo On Tuesday, Bloomberg reported that President Trump’s administration is eyeing a $1 trillion infrastructure proposal. Shares of construction materials companies surged Tuesday, with some posting gains upward of 10%. The iShares US Infrastructure ETF jumped as much as 15% in early trading Tuesday, before paring some gains. It traded up about 4%…
Bolton says he hopes Trump is 1-term president, warns US imperiled by his reelection
President Donald Trump’s longest-serving national security adviser John Bolton condemned his presidency as dangerously damaging to the United States and argued the 2020 election is the last “guardrail” to protect the country from him. In an exclusive interview with ABC News, Bolton offered a brutal indictment of his former boss, saying, “I hope (history) will…
Bolton: Trump’s not ‘fit for office,’ doesn’t have ‘competence to carry out the job’
In an ABC interview, Bolton says Trump was singularly focused on reelection.June 18, 2020, 10:01 AM7 min read President Donald Trump is not “fit for office” and doesn’t have “the competence to carry out the job,” his former national security adviser John Bolton told ABC News in an exclusive interview. In an explosive new book…
Trump ‘I won’t be watching’ – Trump threatens NFL & US Soccer boycott if players kneel
US women’s star Megan Rapinoe knelt during the anthem before a game in 2016United States president Donald Trump says he will not watch the NFL or the US Soccer sides if players do not stand for the national anthem.US Soccer overturned a ban on players kneeling during the anthem on Thursday.The practice was started by…
The WHO declared COVID-19 a pandemic 100 days ago. In a little over 3 months, the virus has left devastation in its wake and doesn’t show signs of stopping yet.
A man is tested for the COVID-19 coronavirus in Nanjing in China’s eastern Jiangsu province on June 15, 2020. STR/AFP via Getty Images The World Health Organization declared the spread of COVID-19 a pandemic on March 11 — 100 days ago.As of Friday evening, the coronavirus has infected more than 8.6 million people, and the…
As Goldman Sachs looks to bring workers back to its glitzy new London office, logistical snags like lack of parking could complicate things (GS)
Goldman Sachs opened its massive new European headquarters in London months before the coronavirus pandemic gripped the city and countries around the world.Now, as firms like Goldman Sachs and other banks think about how they’ll get employees back to the office after months of remote work, the solution isn’t always straightforward. The London office was built…
The pandemic has shifted the focus towards tech and renewable energy — here are 10 promising sectors for investment, according to fund managers
Stock markets have been volatile during the pandemic, and fund managers are spotting new opportunities.The coronavirus outbreak has accelerated the shift to a tech-focused economy, they say. Many sectors have lost out, but others — including digital payments and mining — are set to thrive.Visit Business Insider’s homepage for more stories. The coronavirus pandemic has changed…
Boris Johnson played Trump ‘like a fiddle’ according to John Bolton
British Prime Minister Boris Johnson has played Donald Trump “like a fiddle,” according to the President’s former national security adviser John Bolton.Bolton said that the UK Prime Minister was able to play on Trump’s inability to distinguish between the strength of personal relationships and the strategic value of national relationships.Bolton said: ‘I’ve known Boris before…
10 things you need to know before the opening bell
Brendan McDermid/Reuters Here’s what you need to know before the markets open. 1. Short-sellers have raked in more than $1.2 billion on Wirecard this week after the company’s dramatic share price plunge. Hedge funds have made more than $1 billion of profits in the past week as a result of betting against the scandal-ridden fintech firm Wirecard following…
Coronavirus: National Rail to offer ‘busy station’ alerts
Image copyright PA Media National Rail says it will warn people if stations or trains are busy, to help them follow social distancing rules. A warning triangle will appear on its app and website to warn customers buying tickets that a train service is expected to be busy. It will also warn people who have…
Germany agrees a fresh $146 billion stimulus plan to fight the economic impact of coronavirus, days after the EU’s record-breaking proposal
Omer Messinger-Pool/Getty Images Germany launched a fresh $146 billion stimulus to help the economy navigate through coronavirus. As part of the plan, VAT will be slashed from 19% to 16% for six months as of July 1. The rescue plan also includes a $56 billion fund for climate change innovation and digitization in the German…
A 20-year-old college student killed himself after seeing a negative $730,000 balance in his Robinhood account
A Robinhood trader died by suicide last Friday following a mishap on the free stock-trading app, his family said.Alexander Kearns, 20, apparently saw a massive negative cash balance while trading options contracts.His family said they wanted answers from Robinhood about how this happened and how it can prevent incidents like this in the future.Robinhood said…
A top Trump economic advisor says ‘there is no second wave’ of coronavirus as cases surge in over a dozen states
National Economic Council Director Larry Kudlow said there was “no second wave” of the coronavirus as cases surge in a dozen states.”There is no second wave. I don’t know where that got started on Wall Street,” he told Fox News. States like Florida, Nevada, and Texas are reporting increasing coronavirus caseloads.Visit Business Insider’s homepage for more…
McConnell says ‘fourth and final’ stimulus bill will be considered by Senate Republicans in roughly one month
Senate Majority Leader Mitch McConnell said Friday that considerations on a “fourth and final” economic relief bill will begin “in about a month,” NPR reported.Congress has been mired in talks over additional aid. House Democrats passed a $3 trillion spending package on May 15, but McConnell has since refused to move the bill forward.The majority…
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