President Xi Jinping promised Tuesday to cut China’s auto tariffs and improve intellectual property protection in possible concessions aimed at defusing a worsening dispute with Washington over trade and technology that investors worry could set back the global economic recovery. Speaking at a business conference, Xi made no direct mention of his American counterpart, Donald […]
Trump just made THIS promise to American farmers
President Donald Trump acknowledged Monday that farmers could be adversely affected by the escalating tariff dispute with China, but promised to make it up to them, saying they “will be better off than they ever were.” Speaking at a Cabinet meeting, Trump addressed the Chinese threat to slap tariffs on soybeans and other agriculture staples […]
Report: DRUNK judge just screwed taxpayers
Rochester City Court Judge Leticia Astacio often goes by her alter ego “drunk judge” in the local media and by Rochesterians following her DUI scandal in August of 2016. And now, she is back in the news for another scandal — this time, for ripping off taxpayers. Effective on April 1, Astacio was granted a state […]
Trump threatens China with serious attack (they’re FURIOUS!)
China’s government vowed Friday to “counterattack with great strength” if President Donald Trump goes ahead with plans to raise U.S. tariffs on an additional $100 billion worth of Chinese goods and said negotiations were impossible under current conditions. Trump’s surprise move Thursday to instruct the U.S. trade representative to consider the additional tariffs came a […]
Shocking! Puerto Rico to shut down 283 schools amid hurricane woes
Puerto Rico’s Department of Education announced Thursday that it will close 283 schools this summer following a sharp drop in enrollment amid the island’s long economic slump and the continued departure of families after Hurricane Maria. Education Secretary Julia Keleher said there would be no layoffs, with teachers and other employees being reassigned to other […]
Stock market dives after China raises tariffs
U.S. stocks are tumbling Monday after China officially raised import duties on U.S. pork, apples and other products. It’s a fairly small move but investors are worried it could be step toward a trade war that harms global commerce and company profits. Meat producer Tyson Foods is among the biggest losers on Wall Street. Investors […]
Kentucky schools close due to teachers ditching to protest
Hundreds of Kentucky teachers called in sick on Friday to protest last-minute changes to their pension system, forcing nearly two dozen districts to close while angry educators rallied outside of the governor’s office to demand he not sign the bill. With thunderous chants of “shut it down” echoing throughout the Capitol Rotunda, Democratic Attorney General […]
Economic forecast shows HUGE optimism after tax cuts
Business economists are expressing optimism that tax cuts and increased government spending will accelerate economic growth over the next two years. The latest survey by the National Association for Business Economics projects that the economy will grow 2.9 percent this year. That would be the best performance in three years, up from the NABE’s forecast […]
Trump to drop the hammer on China over trade
Farmers, electronics retailers and other U.S. businesses are bracing for a backlash as President Donald Trump targets China for stealing American technology or pressuring U.S. companies to hand it over. The administration is expected Thursday to slap trade sanctions on China, perhaps including restrictions on Chinese investment and tariffs on as much as $60 billion […]
Hurricane Harvey’s toxic impact deeper than America thought
A toxic onslaught from the nation’s petrochemical hub was largely overshadowed by the record-shattering deluge of Hurricane Harvey as residents and first responders struggled to save lives and property. More than a half-year after floodwaters swamped America’s fourth-largest city, the extent of this environmental assault is beginning to surface, while questions about the long-term consequences […]
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