Markets
Trump's Washington hotel saw nearly $20 million in revenue
However, Bloomberg reports that the report indicates the hotel's loss of $1.2 million in the first two months of operation before he was President. The new details were included in a financial disclosure that Trump voluntarily submitted Friday to the Office of Government Ethics, the first snapshot of the Trump Organization's finances since its longtime leader became president. [Full Article...]
Greek PM renews call for lenders to tackle Greece's debt
The fund has rallied 26% this year on prospects for economic improvements and more bailout money. Greek Prime Minister Alexis Tsipras has welcomed a decision by the country's worldwide lenders to approve the disbursement of 8.5 billion euros in bailout loans and to detail medium-term debt relief measures following talks in Luxembourg . [Full Article...]
US keeps effort to shield young immigrants
The Department of Homeland Security said on June 15 that Obama's second proposed program, which aimed to protect undocumented parents of citizens or lawful permanent residents from deportation and allow them to remain in the country and work - Deferred Action for Parents of Americans and Lawful Permanent Residents ( DAPA ), which was announced in 2014, but was never implemented after being... [Full Article...]
US President Donald Trump says he's being investigated for firing Federal Bureau of Investigation director
The President's Twitter trail suggests that firing Mr. Mueller could soon be on the solicitor general's new agenda. And Trump's apparent reference to Rosenstein, who oversees the Russian Federation investigation because Attorney General Jeff Sessions recused himself from it, came just hours after a statement from Rosenstein complaining about leaks in the case. [Full Article...]
Looming expansion draft turns up trade chatter around NHL
Golden Knights GM George McPhee's chief goal must be to weaken each team's roster, but the players selected can not be waiting for the ink to dry on their retirement papers. and those guys went and really enjoyed their other teams. The teams' lists are due by 5 p.m. ET on Saturday, so expect there to be some more of this drama before then. [Full Article...]
In Dramatic Turnabout, Southern Baptists Condemn White Supremacy
In an interview with the Washington Post , McKissic said he felt motivated to write the resolution after taking notice of the amount of people in the organization who supported President Donald Trump . While repudiating racism, hatred and the alt-right movement, the motion adopted Wednesday also asked for members of the church, "that we earnestly pray, both for those who advocate racist ideo... [Full Article...]
New York Times sues Federal Bureau of Investigation to get notes of Comey-Trump talks
Rosenstein appointed Mr. Mueller, who was at the helm of the Federal Bureau of Investigation during the September 11 attacks, as special counsel. Trump fired Comey on May 9, citing recommendations made to him by Rosenstein. Not for the first time , he referred to it as a witch hunt . But then why not dispute the veracity of the story altogether? But I must admit that Trump's latest t... [Full Article...]
Weak inflation erodes conviction at Fed on rate hikes
The projections for future rate hikes also remained unchanged, with the dot plot suggesting another rate hike in 2017. The US unemployment rate fell to a 16-year low of 4.3 percent in May, but the Fed's preferred measure of underlying inflation has been running below target for more than five years and in April slowed a second month to 1.5 percent. [Full Article...]