Russia Has Withdrawn Half Of Its Fighter Jet Group From Syria

In a surprising announcement, the Russian General Staff announced on Wednesday that it has withdrawn almost half of its air grouping originally based at the Hmeymim facility in Syria.  Col. Gen. Sergei Rudskoi said at the VI Moscow Conference on International Security that "the number of terrorist units has decreased, which allowed us to withdraw almost half of the aircraft based at the Hmeymim airbase."

Emmanuel Clinton Versus Marine LeTrump

Macron is nothing but an artificial product, a meticulously packaged hologram designed to sell an illusion. Only the terminally naïve may believe Macron incarnates change when he’s the candidate of the EU, NATO, the financial markets, the Clinton-Obama machine, the French establishment, assorted business oligarchs and the top six French media groups.

In Warning To North Korea, US Releases Video Of Overnight Minuteman III ICBM Launch

On April 26 airmen from F.E. Warren, Offutt And Vandenberg Air Force Bases conducted an operational test launch of an unarmed Minuteman Three missile. The ICBM was equipped with a test reentry vehicle, and traveled approximately four thousand two hundred miles to a test range near the Kwajalein Atoll in the Marshall Islands.

S&P: These Ten Retailers Will File For Bankruptcy Next

Sears Holdings; DGSE Companies; Appliance Recycling Center of America; The Bon-Ton Stores; Bebe Stores; Destination XL Group; Perfumania Holdings; Fenix Parts; Tailored Brands; Sears Hometown and Outlet Stores

WTI/RBOB Jump On Largest Crude Draw In 2017 Offset By Major Product Build, Rising Production

WTI/RBOB prices were at the lows of the day after last night's huge surprise inventory data from API, but kneejerked higher after DOE reported a surprisingly large crude draw (the biggest since Dec 2016. However, it's clear that refineries are on fire as gasoline and distillates inventories surged by the most in at least 3 months. US crude production rose once again to its highest since August 2015.

NBC News Writes "What Should You Do In Case Of Nuclear Attack?"

"Some leading emergency response planners view the persistent menace of North Korea as a new opportunity: reason to alert the American public that a limited nuclear attack can be survivable, with a few precautions. The simplest of the warnings is: "Don't run. Get inside." Sheltering in place, beneath as many layers of protection as possible, is the best way to avoid the radiation that would follow a nuclear detonation." - NBC

Watch Live: Paul Ryan And House GOP Address Spending Bill, Obamacare, Trump Tax Reform

With Steven Mnuchin earlier presenting President Trump's forthcoming tax plan as the "biggest" tax cut in history, many - especially JPMorgan  - doubt it will be able to pass Congress. So, to get the Congressional opinion on the matter, here is House Speaker Paul Ryan addressing today's main event: Trump's tax plan, as well as the repeal of Obamacare and the House spending bill.

Top 5 Risks To Oil Prices

There are a series of gigantic question marks out there – a handful of countries could upend the theory that the oil market is on a smooth trajectory towards balance...

Wall Street Throws Up On US Steel's "Nightmare On Elm Street" Results

"If things are so bad during good times, 2Q-4Q is set to resemble a "Nightmare on Elm Street."Next move in U.S. steel industry fundamentals is lower, given scrap prices now in full-on correction mode, negative seasonality around the corner for U.S. steel mills, iron ore price declines, rising steel imports and correction in coking coal prices."

Watch Live: Steven Mnuchin Gives Sneak Peak Of Trump's Tax Reform Plan

As the administration turns its focus toward tax reform, Treasury Secretary Steven Mnuchin will sit down with The Hill's editor-in-chief Bob Cusack for a one-on-one conversation about key priorities when it comes to overhauling the tax code, prospects for bipartisanship and a timeline for action.

Frontrunning: April 26

  • Futures flat as Trump tax plan awaited (Reuters)
  • Trump’s 15% Tax Plan May Just Be His Opening Gambit (BBG)
  • Budget Director, After Health-Law Missteps, Preps for Spending Battle (WSJ)
  • 100 Days: Trump's victories dimmed by misfires (Reuters)
  • White House Intervened to Toughen Letter on Iran Nuclear Deal (WSJ)
  • Trump Changing Tactics on Tax After Health-Care Failure (BBG)

JPMorgan: "Trump's Tax Plan Will Be Virtually Impossible To Pass Through Congress"

"Trump’s much-anticipated tax blueprint will be released on Wed but 1) a lot of the details have already been leaked to the press over the last few days; 2) it seems very inchoate, leaving out key details esp. as it pertains to the individual code; 3) it will be virtually impossible to pass through Congress"