In a burst of transparency, one day after it made available some 13 million pages of archives documents online for the first time, on Wednesday the Central Intelligence Agency unveiled revised rules for collecting, analyzing and storing information on American citizens, publishing them in full for the first time.
European and Asian shares, and S&P futures slipped, while government bond yields jumped to multi-week highs on Thursday after Yellen's hawkish speech. Oil rose after API reported a drop in crude inventories. The euro rebounded as investors look to Mario Draghi to address rising European inflation that make the ECB's stimulative policies look increasingly out of sync.
Less than a month after president-elect Trump first tweeted about the F-35's high costs, and a week after he brought up the F-35 in his first press conference, Reuters reports that The U.S. Department of Defense and Lockheed Martin are close to deal for a contract worth almost $9 billion as negotiations are poised to bring the price per F-35 below $100 million for the first time.
How does Obama explain the sudden about face and forgiveness for Manning’s intelligence “betrayal”, that jeopardized the “fabric of US democracy” and “endangered US national security”? Are we to believe that John Podesta’s emails are worthy enough for conflict with Russia, but Manning’s classified document release, that exposed the highest level of US military intelligence information, is now considered forgivable?
Gold has risen every day except one so far in 2017, building on the 8.1 percent gain in 2016. Fears of "calamitous self-harm" and contagion in the EU from BREXIT and Trump dollar comments pushing gold higher ahead of "I Day" - Inauguration day ...
European shares decline led by a plunge in Pearson shares, S&P futures were modestly in the green as Asian and EM stocks gained. The dollar rebounded against most major currencies after retreating 1.3% on Tuesday to the lowest in a month following Trump's "strong dollar" comments and halted a seven-day drop against the yen. "Everything is just a partial reversal of the price action yesterday," RBC Capital Markets currency strategist Adam Cole said.
Following urges by Edward Snowden and Julian Assange (who offered his own extradition), President Obama has commuted the remaining prison sentence of Chelsea Manning, the army intelligence analyst convicted of an enormous 2010 document leak.
Proving they still know how to engineer polling results, ABC/Washington Post and CNN are out with a pair of polls this morning, on Trump's favorability, that sport some of the most egregious "oversamples" we've seen.
They’re at it again. It isn’t enough that the Federal Reserve’s tighter monetary policies are hamstringing global economic growth, but over the past week a few different Fed officials floated the idea of reducing the size of the Fed’s balance sheet. They seem intent on tightening until something breaks.
Korea's Hyundai Motor Group said it plans to lift U.S. investment by 50 percent to $3.1 billion over five years and may build a new plant there - the latest auto firm to announce fresh spending after President-elect Donald Trump threatened to tax imports.