Bringing you just the headlines

  • US trade deficit rises despite Trump's tariffs

    President Donald Trump's tariffs were supposed to shrink America's trade deficit, but it has instead grown for five straight months and is on track to hit a record high before the end of the year. The monthly goods deficit grew by $1 billion in October, according toa US Census report released Wednesday. The Census report is one of the first measures of trade released since Trump imposed his biggest round of tariffs in September on $200 billion of Chinese goods. It put a 10% tax on goods ranging...

    WPLG
  • US: Trump's ex-lawyer deserves prison despite cooperation

    WASHINGTON (AP) — President Donald Trump's former lawyer, Michael Cohen, deserves substantial prison time despite his cooperation, prosecutors said Friday. The recommendation was in a filing ahead of Cohen's sentencing in New York next week. Cohen pleaded guilty to federal charges and cooperated in multiple state and federal probes over several months, including having seven meetings with special counsel Robert Mueller's team.

    AP NEWS
  • Lighthizer: China's Trade Abuses Continue Despite US Warnings

    It almost seems like the White House is trying to push stocks further into the red. Barely two hours after all three US equity benchmarks turned red for the year, White House Trade Representative Robert Lightizer has released an update to a section 301 report in which he accuses China of pressing ahead with some of its more egregious trade abuses - specifically, IP theft - ignoring repeated warnings from the Trump Administration. The update was made to a report initially released in March,...

    Zero Hedge
  • Capital punishment in the US continues to decline despite slight rise in 2018

    2018 is the fourth year in a row to see fewer than 30 executions and 50 death sentences Capital punishment in the US continues to be in long-term decline, despite a slight increase in executions this year, according to a report released Friday by the nonpartisan Death Penalty Information Center. Twenty-five people were executed and 42 were sentenced to death in 2018, up from 23 executions and 39 death sentences in 2017. 2018 is the fourth year in a row to have fewer than 30 executions and under...

    the Guardian