Florida

Twitter Sued By Families Of Terrorism Victims For "Providing Services To ISIS"

a lawsuit was filed against Twitter by families of three Americans killed during ISIS attacks in France and Belgium, claiming the social media platform played "a uniquely essential role in the development of ISIS' image, its success in recruiting members from around the world, and its ability to carry out attacks and intimidate its enemies."

FBI Arrests Volkswagen Exec Charged With Conspiracy To Defraud The US

While various other carmakers, such as GM, Ford, Fiat and Toyota, have had their share of headaches in recent weeks worried if and when Trump will tweet about them next, the epicenter of all car scandals over the past two years remains Volkswagen, and sadly for the German carmaker things continue to get worse: according to the NYT, the FBI haed arrested a Volkswagen executive on charges of conspiracy to defraud the United States. 

Key Events In The Coming Week: All Eyes On Trump

The main economic release this week is US retail sales, ECB minutes and a series of Chinese economic releases. There are several scheduled speaking engagements from Fed officials this week, including a webcast address by Chair Yellen on Thursday. However, the highlight of the upcoming first full week of 2017 might well be President-elect Trump's first news conference on Wednesday since his election win.

Frontrunning: January 9

  • European shares dip, sterling falls on Brexit comments (Reuters)
  • Pound Falls to 10-Week Low as May Hints at Single-Market Exit (BBG)
  • Offshore Yuan Falls for Second Day as Bears Reload After Squeeze (BBG)
  • Trump's choices for top Cabinet posts face big tests this week (Reuters)
  • Nine Trump Nominees Who’ll Face Extreme Vetting by Democrats (BBG)
  • Meet the Mercers: New Power Brokers in Trump’s Washington (WSJ)

On Russian Hacking, The Only Narrative That Matters Is Truth

Excuse us for wanting to point out the obvious, but sometimes the obvious gets very lost in the web of narratives spun by the master narrator inside the White House. Forgive us, but are we not losing the idea that the only narrative that really matters is that all of the information 'leaked' was obtained through a simple fishing e-mail sent to John Podesta. See their own words here...

Florida Shooter Charged, Could Face Death Penalty; Had Gun Returned After Found Mentally Stable

Federal prosecutors filed court documents on Saturday charging Ft. Lauderdale airport shooting suspect Esteban Santiago with carrying out an act of violence at an international airport resulting in death - a charge which carries a maximum punishment of the death penalty. Meanwhile, it emerged overnight that a firearm seized from Santiago by the FBI and Anchorage police was returned to him in December after he was found not to be mentally ill.

Airport Shooter Said He Was "Mind Controlled" By A U.S. Intelligence Agency

Santiago told the F.B.I. he thought he was being mind controlled, possibly by the U.S. government or the C.I.A. and admitted hearing voices, which Santiago said told him to study “extremist materials on the Internet,” the New York Times reports. Despite the fact that Santiago himself, his girlfriend, and even co-workers warned authorities of his experiences the F.B.I. failed to detain him before his travels to Florida.

Frontrunning: January 3

  • Stocks Gain With Commodities Amid China Optimism (BBG); Dollar, global stocks firm as 2017 trading starts in earnest (Reuters)
  • Oil hits 18-month highs as markets eye output cuts (Reuters)
  • Earnings Recovery Set to Propel Stocks Higher in 2017 (WSJ)
  • Republican-led Congress lays groundwork for Trump (Reuters)
  • Battles Await Ambitious GOP Agenda, Including Repeal of ACA (WSJ)
  • 2017 Will Be the Riskiest Year for Geopolitics Since WWII, Eurasia Group Says (BBG)

Trump Picks China Critic Robert Lighthizer As US Trade Representative

The Trump transition team announced that President-elect Donald Trump has named Robert Lighthizer as his U.S. Trade Representative. Lighthizer served as the deputy USTR under former President Ronald Reagan. His appointment is a further sign the incoming administration will take a tougher line on China.

These Are The Most Expensive Zip Codes In America

Sagaponack’s 11962 (in the Hamptons) and Atherton’s 94027 retain their top positions as the most expensive ZIPs in the country, despite seeing a considerable drop in median sale prices, but California isn't getting any cheaper! Out of the 100 priciest ZIP codes, an impressive total of 72 are located in CA. NY trails behind, with a total of 21 ZIP codes, half of which are located in New York City.