Top White House adviser says Trump still backing Moore
Top White House adviser says Trump still backing Moore
White House investigates Trump Fed pick's history of sexist comments
01 May, 2019, 05:26
Data released Monday by the U.S. Department of Commerce showed that excluding the volatile energy and food prices, the core personal consumption expenditures price index, a preferred inflation gauge by the Fed, was up 1.6 percent year-over-year in March, below the Fed's target inflation rate of 2 percent.
"China is adding great stimulus to its economy while at the same time keeping interest rates low", Trump said, referring to steps China took in recent months to fight a sharp economic slowdown.
In a pair of tweets, he pushed for the fed to drop rates by one point, implement more money-printing quantitative easing, and compared the USA economic performance to that of China's.
"Yes, we are doing very well at 3.2 percent GDP, but with our wonderfully low inflation, we could be setting major records &, at the same time, make our National Debt start to look small!" The president has been harshly critical of Fed Chairman Jerome Powell and the Fed's credit tightening, including a string of four rate hikes a year ago.
His move comes as fed policy makers - the Federal Open Market Committee - meet Tuesday and Wednesday to decide on where to set borrowing costs. The Bloomberg dollar index maintained a decline of around 0.2 percent.
Justine Damond: US policeman guilty of Australian's murder Damond, who had moved to the US a few years earlier, was an Australian yoga teacher, counselor and meditation coach. Noor is a Somali-American whose hiring in 2015 was trumpeted by city leaders seeking to diversify the police force.
UN gives Mozambique $13 million for Cyclone Kenneth damage Some rural communities were reduced to mounds of jumbled wood, with only the occasional structure and coconut tree left standing. Images shared by OCHA showed rows of wooden houses, separated by sandy paths, that had been nearly completely flattened.
There are now two vacancies on the seven-member Fed board, and nominations have to be approved by the Senate. American and Chinese officials are meeting in Beijing this week for the latest round of talks to end the trade war between the world's two biggest economies.
Trump's other candidate for the Fed's board, Herman Cain, withdrew from the running last week after several senators made it clear they would block the former pizza magnate as lacking the necessary experience to oversee central bank policy.
One solution, from the president's point of view, is to appoint political loyalists to counterbalance Powell.
The White House said Monday it was reviewing the past writings of Stephen Moore, President Donald Trump's nominee to the board of the Federal Reserve, after charges of sexism were leveled at the economist.
Per Politico, Senator Shelley Moore Capito said she has "concerns" about Moore's nomination too. Republicans hold 53 of the 100 seats in the chamber, meaning that if Democrats oppose his selection, as they have suggested they will, he can only afford to lose three Republican votes.
The Trump administration is reportedly looking to designate the Muslim Brotherhood as a terror organization. El-Sisi led a coup in 2013 that challenged and removed former president Mohamed Morsi from power.
Bielsa then instructed his side to allow Villa to score, with Albert Adomah running, nearly unopposed, into an unguarded net. The fourth and final spot is yet to be decided with Derby County, Middlesbrough and Bristol City all in contention.
Even during the regular season, the 76ers were 9-4 when Redick hit five or more three-pointers - so rocket science, this is not. And Milwaukee's Malcolm Brogdon is out for Games 1 and 2 as he continues deal with plantar fascia in his right foot.
On Monday the president and three of his children filed suit in federal court in NY against Deutsche Bank and Capital One. The lawsuit also seeks to block the financial institutions from disclosing information and complying with the subpoenas.
Growing up, he sang with his sisters in a church choir and falls right behind Toni as the second oldest in the family. According to TMZ , which first reported the news, police received a 911 call around noon Monday.
The university's website had a banner alert warning about an " active assailant ", saying, "Campus lockdown continues". The campus was reportedly about to host a concert at the school's football stadium at the time of the shooting.
However, it was broadcast for the first time by The Nine Network's A Current Affair on Monday without Al Jazeera's permission. In a statement issued on Tuesday, Dickson said he was drunk that night and "deeply remorseful" for his actions.
Foxx has been harshly criticized ever since her office dismissed all 16 counts against Smollett over the alleged "attack". She then said Trump joined a lot of Chicagoans who are "outraged" over how the Smollett case was handled.
Huawei said it was made aware of historical vulnerabilities in 2011 and 2012 and that they had been addressed at the time. The companies said the telnet equipment was to test the network, had been left behind by accident and was later removed.
However, all that came to a surprise halt as Apple and Qualcomm agreed to drop all lawsuits against each other earlier this month. The decision was announced nearly immediately after Apple and chipmaker arranged Qualcomm in a long-running lawsuit.
Pelosi says the attorney general or any other witnesses can't "tell the committee how to conduct its interviews". The White House is meanwhile continuing to push back against congressional investigations into Mr Trump.
Hales had recently failed a recreational drug test and is serving a 21-day ban handed down by European Central Bank . The ECB insisted on Alex taking certain rehabilitation measures following his suspension.
Cartoonist Defends Anti-Semitic New York Times Cartoon
ADL's Greenblatt told The Times of Israel on Saturday that the first cartoon was "anti-Semitic propaganda of the most vile sort". Instead of an apology, The New York Times admitted that the image "included anti-Semitic tropes".
Jussie Smollett will not return to 'Empire' for next season
Lucious (Terrence Howard, right) and Jamal ( Jussie Smollett , left) seen in an episode of " Empire " that aired March 18, 2015. The company seems to be keeping Smollett nearby but they haven't confirmed whether he'll be making his way back on the show.
Apple posts Q2 earnings: Revenue hits $58 billion
Cook did not break down that subscriber number, but as of last quarter, Apple Music had 50 million paid subscribers. Wearables include the Airpods wireless headphones and the Apple Watch . "Demand has been incredible", Cook said.
Google Confirms Declining Pixel Sales, Teases New Hardware
Only a few days ago, Google teased a hardware announcement for May 7th, tying it with a Pixel 3 TV ad made for Avengers: Endgame . In its quarterly earnings reports, Google does not break out revenue for its hardware-related products.
Celtics dominate Bucks in Game 1
Giannis still led the Bucks in scoring, but he only buried twenty-two points on just thirty-three percent shooting from the field. Expect a big-time bounce-back performance from Milwaukee in Game 2 .
The Sussex's gift Idris Elba & wife with £7k art
The artwork reportedly holds a £6,955 price tag ($9,000), and features the quote: " Why fit in when you were born to stand out? ". This didn't stop them from sending across a thoughtful wedding gift though, as The Daily Mail reveals.