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Why Was Trumponomics a Flop?

On Wednesday, the Federal Reserve cut interest rates, even though the unemployment rate is low and overall economic growth remains decent, though not great. According to Jay Powell, the Fed’s chairman, the goal was to take out some insurance against worrying hints of a future slowdown — in particular, weakness in business investment, which fell […]

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Some Republicans Start Citing Climate Change as Driving Their Policies

WASHINGTON — When John Barrasso, a Republican from oil and uranium-rich Wyoming who has spent years blocking climate change legislation, introduced a bill this year to promote nuclear energy, he added a twist: a desire to tackle global warming. Mr. Barrasso’s remarks — “If we are serious about climate change, we must be serious about […]

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We Built an ‘Unbelievable’ Facial Recognition Machine For Cheap

Most people pass through some type of public space in their daily routine — sidewalks, roads, train stations. Thousands walk through Bryant Park every day. But we generally think that a detailed log of our location, and a list of the people we’re with, is private. Facial recognition, applied to the web of cameras that […]

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What if the Obstruction Was the Collusion? On the New York Times’s Latest Bombshell

LawFare has a very interesting article on the Russian investigation and Donald Trump. Here is a very brief portion of the article written by Benjamin Wittes, editor in chief of Lawfare and a Senior Fellow in Governance Studies at the Brookings Institution. He is the author of several books. The rest you may read at […]

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José Andrés Fed Puerto Rico

José Andrés was walking along a dark street in a stained T-shirt and a ball cap, trying to decompress after another day of feeding an island that has been largely without electricity since Hurricane Maria hit a month ago. He’d gone barely half a block before two women ran over to snag a selfie. A […]

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New study reveals most stocks aren’t good investments.

Most stocks aren’t good investments is the conclusion from a study of stock market returns by Hendrik Bessembinder, a finance professor at the W. P. Carey School of Business at Arizona State University. Exxon is among the top wealth-creating companies that have been publicly trading — under the name of a predecessor, Standard Oil of […]

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Access to the prez while you wait

There are about 10,000 registered lobbyists in Washington — roughly 20 for every member of Congress — and thousands more unregistered ones: consultants and ‘‘strategic advisers’’ who are paid to help shape government policy but do not disclose their clients. By whatever name, they are the people companies and countries hire to help roll back […]

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Trump Grows Discontented With Attorney General Jeff Sessions

Few Republicans were quicker to embrace President Trump’s campaign last year than Jeff Sessions, and his reward was one of the most prestigious jobs in America. But more than four months into his presidency, Mr. Trump has grown sour on Mr. Sessions, now his attorney general, blaming him for various troubles that have plagued the […]

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Updated Trumpcare Bill Will See 41 Million Americans Be Health Care Losers

The Senate now has a clearer sense of the 41 million Americans who would lose under the health bill the House sent them by Donald Trump and the Republicans. It also got a startlingly direct message from government analysts about how destabilizing one of the House ideas could be. The Congressional Budget Office published its […]

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White House Moves to Block Ethics Inquiry Into Ex-Lobbyists on Payroll

The Trump administration, in a significant escalation of its clash with the government’s top ethics watchdog, has moved to block an effort to disclose the names of former lobbyists who have been granted waivers to work in the White House or federal agencies. The latest conflict came in recent days when the White House, in […]

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Fact Check: Trump Is Contradictory on Comey and Misleading on Russia

President Trump defended his conduct related to the investigation into his campaign’s ties to Russia and made several misleading claims on Thursday afternoon. In a joint news conference with President Juan Manuel Santos of Colombia, Mr. Trump denied there was any collusion between his campaign and Russian officials, explained why he had fired James B. […]

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Trump admits ‘this Russia thing’ part of reasoning for firing James Comey

First published on Thursday 11 May 2017 19.56 BST Donald Trump has said he was thinking of “this Russia thing” when he decided James Comey’s fate – contradicting the White House rationale that he fired the FBI director for mishandling the Clinton email investigation. Comey had been leading an investigation into possible collusion between Trump advisers […]

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In Trump’s Firing of James Comey, Echoes of Watergate

In dramatically casting aside James B. Comey, President Trump fired the man who may have helped make him president — and the man who potentially most threatened the future of his presidency. Not since Watergate has a president dismissed the person leading an investigation bearing on him, and Mr. Trump’s decision late Tuesday afternoon drew […]

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U.S. student loan forgiveness program could be rescinded

More than 550,000 people have signed up for a U.S. federal program that promises to repay their remaining student loans after they work 10 years in a public service job. But now, some of those workers are left to wonder if the government will hold up its end of the bargain — or leave them […]

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‘Turkish Trump,’ a Hotel Plan and a Tangle of Foreign Ties

Before taking office, Donald J. Trump pledged that his business empire would forgo new deals abroad while he was president. But as the Trump Organization unveils a new brand of hotels, that promise is not preventing the company from bringing foreign deals home. The company, now largely run by Mr. Trump’s eldest sons, Eric and […]

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Who Wins and Loses in Trump’s Proposed Budget

President Trump released a partial outline of his 2018 budget on Thursday, proposing billions of dollars in spending cuts to most government agencies to pay for large increases in military and homeland security spending, resulting in a 1.2 percent cut in discretionary spending over all. (Source: New York Times) The tough choices he promised would […]

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Blue-Footed Booby Bird Mating Dance – video

It’s dating time on the Galápagos for the blue-footed booby. Everywhere, dozens of times a day, the large, handsome seabirds are making their highly ritualized courtship display — one reason the boobies are among the most celebrated and beloved residents of this archipelago. While many boobies change partners from season to season, there are great […]

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Oroville, Calif., dam tip of the iceberg of failing dams in US

After two weeks that saw evacuations near Oroville, Calif., and flooding in Elko County, Nev., America’s dams are showing their age. Nearly 2,000 state-regulated high-hazard dams in the United States were listed as being in need of repair in 2015, according to the Association of State Dam Safety Officials. A dam is considered “high hazard” […]

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Ukraine, Russia and Trump Associates

A week before Michael T. Flynn resigned as national security adviser, a sealed proposal was hand-delivered to his office, outlining a way for President Trump to lift sanctions against Russia. Mr. Flynn is gone, having been caught lying about his own discussion of sanctions with the Russian ambassador. But the proposal, a peace plan for […]

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Trump to tighten grip on Intelligence agencies following ‘leaks’.

President Trump plans to assign a New York billionaire to lead a broad review of American intelligence agencies, according to administration officials, an effort that members of the intelligence community fear could curtail their independence and reduce the flow of information that contradicts the president’s worldview. The possible role for Stephen A. Feinberg, a co-founder […]