Goldman Sachs says chances of corporate tax reform not good

Goldman Sachs is growing bearish on the Trump administration.The chances are dimming for comprehensive corporate tax reform, a campaign promise that has kept the stock market higher since November, the Wall Street Goliath said in a Friday note.“We continue to believe a tax cut is slightly more likely than not,

Bannon back at Breitbart hours after leaving White House

It’s like he never left.Steve Bannon was already back at Breitbart News on Friday afternoon — and even led an evening editorial meeting.The fiercely right-wing website said that Bannon returned as Executive Chairman on Friday after submitting his “intention to leave the White House” earlier this month.“The populist-nationalist movement got

Bannon: The Trump presidency is “over’

Steve Bannon said the Trump presidency that he helped build is “over” and vowed during an interview Friday to move forward with his nationalist movement through his alt-right website.“The Trump presidency that we fought for, and won, is over,” Bannon told The Weekly Standard.“We still have a huge movement, and

Dow Jones plummets over fears Trump’s economic adviser will quit

Even stocks appear to be abandoning President Trump.The Dow Jones industrial average nosedived 274 points on Thursday as investors grew increasingly concerned that Trump’s toxic tongue is endangering his ambitious economic agenda.It was the second-biggest decline for the Dow this year — which had powered ahead more than 20 percent

Twitter makes a ton of money off Trump’s tweetstorms

President Trump’s tweetstorms may keep his beleaguered staff up at night, but they help the people who make a buck from the president’s favorite social media sleep like babies.Without Trump, Twitter Inc. could lose almost a fifth of its value, Bloomberg reported on Friday.That’s the conclusion of Monness Crespi Hardt

Trump’s arts council hides “RESIST’ message in resignation letter

The scathing resignation letter written in protest by the Presidential Committee on Arts and Humanities had a secret message encoded in the paragraphs.In the letter, posted on Twitter by Kal Penn, the word “resist” is spelled out by the first letter in each paragraph.The short acerbic screed consists of five

Carl Icahn steps down from Trump advisory role

Billionaire corporate titan Carl Icahn announced Friday that he is resigning from his role as President Trump’s “special adviser” for regulatory affairs.Icahn, 81, a fellow native of Queens, was one of the first prominent business leaders to endorse Trump’s White House bid .Icahn announced he was stepping down from the

Twitter makes a ton of money off Trump’s tweetstorms

President Trump’s tweetstorms may keep his beleaguered staff up at night, but they help the people who make a buck from the president’s favorite social media sleep like babies.Without Trump, Twitter Inc. could lose almost a fifth of its value, Bloomberg reported on Friday.That’s the conclusion of Monness Crespi Hardt

Starbucks CEO: American values are ‘hanging in the abyss’

Starbucks CEO Howard Schultz decried the hatred displayed during a white supremacist rally in Virginia over the weekend, declaring, “I know we are better than this.”“What we witnessed this past weekend is against every sense of what is right,” Schultz told employees, according to CNN Money. “My fear is not

White power rally victim’s mom refuses to speak with Trump

The mother of the woman killed at a white power rally in Charlottesville has refused to speak with President Trump following his remarks that she said equated her daughter and protesters with “the KKK and the white supremacists.”Susan Bro has “no interest” in speaking with politicians because she’s “resistant” to

Another charity cancels event at Mar-a-Lago

A third large charity has ditched President Trump’s Mar-a-Lago resort, canceling a fundraiser at the once-desirable venue that the head of the Palm Beach Chamber of Commerce now calls “morally reprehensible.”The American Friends of Magen David, which raises cash for Israel’s Red Cross, said it would not hold its 2018

Romney demands public apology from Trump over Charlottesville comments

Former GOP presidential candidate Mitt Romney on Friday unleashed a scathing attack on President Trump for his much-maligned response to the deadly violence sparked by a white nationalist protest in Virginia.“He should address the American people, acknowledge that he was wrong, apologize,” Romney, a former Massachusetts governor, wrote on Facebook.“State

Steve Bannon is out at White House

Top presidential adviser Steve Bannon is out of a job at the White House, according to a new report.President Trump’s chief of staff John Kelly is wrapping up a review of the West Wing staff and was expected to can the former Breitbart editor, the voice of the alt-right who

North Korea warns it won’t negotiate nukes if US is “hostile’

UNITED NATIONS — North Korea warned the United States that it will never put its nuclear weapons program on the negotiating table as long as the Trump administration keeps up its “hostile policy and nuclear threat.”The warning came from North Korea’s deputy U.N. ambassador Kim In Ryong in the transcript

Missouri senator deletes hope for Trump assassination post

KANSAS CITY, Mo. — A Missouri lawmaker acknowledged Thursday that she posted and later deleted a comment on Facebook about hoping for President Donald Trump’s assassination, saying she was frustrated with the president’s response to the white supremacist rally and violence in Charlottesville, Virginia.Democratic Sen. Maria Chappelle-Nadal said she was

Success Academy CEO rips Trump in email to parents, staff

The CEO of the Success Academy charter schools forcefully distanced herself from President Trump in a Thursday note to parents and staff.Citing Trump’s response to the weekend violence in Charlottesville, Eva Moskowitz, who had aligned herself with the president over his pro-charter stance, ripped him in the message, which was

Trump asks Barcelona residents to stay “tough’ after terror attack

President Trump condemned Thursday’s terror attack in Spain and encouraged its citizens to remain “tough” as the First Lady offered “prayers.”“The United States condemns the terror attack in Barcelona, Spain, and will do whatever is necessary to help. Be tough & strong, we love you!,” the president posted on Twitter.About

Trump repeats fake story about general executing terrorists

President Trump on Thursday tweeted out how to deal with terrorists and suggested adopting US Gen. John “Black Jack” Pershing’s methods.“Study what General Pershing of the United States did to terrorists when caught. There was no more Radical Islamic Terror for 35 years!,” the president wrote, apparently in reference to

The Warriors’ Donald Trump protest has begun

The offer hasn’t even been sent, but Kevin Durant is rejecting it anyway.“Nah, I won’t do that,” Kevin Durant, the 2017 NBA Finals MVP, said about the possibility of visiting the White House. “I don’t respect who’s in office right now.”Durant told ESPN on Thursday that he would stay away

JPMorgan Chase CEO slams Trump over Charlottesville

JPMorgan Chase Chief Executive Jamie Dimon slammed President Trump on Wednesday for his “equivocation” on the bloody protests in Virginia over the weekend.“I strongly disagree with President Trump’s reaction to the events that took place in Charlottesville over the past several days,” Dimon wrote in a memo to the bank’s

Ivanka’s rabbi rips Trump for blaming “both sides’ for rally violence

The rabbi who oversaw Ivanka Trump’s conversion to Judaism blasted President Trump for blaming “both sides” for the deadly violence in Charlottesville last weekend.Rabbi Haskel Lookstein and two other rabbis, Chaim Steinmetz and Elie Weinstock, sent a letter to members of Congregation Kehilath Jeshurun on Wednesday condemning the “monstrous act

Netanyahu under pressure to condemn Trump’s response to Charlottesville

JERUSALEM — Israeli Prime Minister Benjamin Netanyahu came under mounting pressure Thursday to speak out against President Donald Trump’s response to the racially charged violence and anti-Semitic outpouring in Charlottesville, Virginia.Netanyahu’s near silence on the march staged by anti-Semitic white nationalists — and Trump’s assertion that “both sides” were responsible

Facebook shut down right-leaning employee chat room over harassment

Facebook shut down an online chat room for employees to speak anonymously last year — after right-leaning discussion about the 2016 election turned heated and alarmed company management, according to a report on Wednesday.The group, titled Facebook Anon, ran from May 2015 until December 2016 and was designed “as a

What makes up Wall Street’s “wall of worry’

Today, I’ll give you some more of Wall Street’s “wall of worry” bricks that are likely to come up during the dangerous fall investing season.This wall, unlike the one President Trump pledged to construct along our southern border, is already being built with concerns about whether US equity markets can

Bannon calls white nationalists “a collection of clowns’

White House Chief Strategist Steve Bannon claims he wants to “crush” the far-right — calling them “losers” and “a collection of clowns” — during a shockingly candid interview with a liberal magazine.“Ethno-nationalism — it’s losers. It’s a fringe element,” Bannon said during a surprise phone call with The American Prospect

Trump’s aides were stunned after “rogue’ press conference

President Trump stunned his top aides at his combative news conference on Tuesday, ignoring their advice to turn the corner on Charlottesville, by getting into a heated back-and-forth with reporters — after he’d agreed privately not to take questions.The president “went rogue,” a senior White House official told NBC News.Advisers

Trump praises Kim Jong Un for backing off nuke threats

President Trump on Wednesday praised North Korea’s leader for backing off his threat to fire rockets at Guam, warning the alternative would have been “catastrophic.”“Kim Jong Un of North Korea made a very wise and well reasoned decision. The alternative would have been both catastrophic and unacceptable!” Trump wrote on

European leaders condemn Trump’s “both sides’ comments

European leaders blasted President Trump’s comments about the violent protests in Virginia, saying it’s wrong to equate white nationalists and their opponents and called for condemnation of their message of hate and racism.“I see no equivalence between those who propound fascist​ ​views and those who oppose them. I think it

Trump praises both candidates for advancing in Alabama’s Senate race

President Trump appears to be hedging his bet on a Republican Senate race in Alabama.The president endorsed incumbent Sen. Luther Strange earlier this month in the primary election to fill the seat vacated by Attorney General Jeff Sessions, but after former state Supreme Court Chief Justice Roy Moore got more