Finance Forex

Surprise! California pension fund reportedly had major stake in National Enquirer parent

Californians voted overwhelmingly against Donald Trump in the 2016 presidential election, but they might be surprised to learn they owned as much as one-third of the parent company of the National Enquirer, which helped Trump’s campaign by reportedly supressing potentially damaging news stories, the Los Angeles Times reported Thursday. CalPERS, California’s public pension fund, which […]

Finance Forex

The fight with China is about our national security, not toasters

The Trump administration is pursuing a trade deal with China that will not resolve bilateral commercial tensions and could risk national security. China’s culture in public service and private business holds in contempt the rules for competition generally adhered by among advanced Western nations. It more severely limits imports of products it can make domestically, […]

Finance Forex

Here’s how Trump wants to pay for the border wall after invoking a national emergency

MARKETWATCH FRONT PAGE President Donald Trump is planning to tap into several sources to build his signature border wall, invoking a national emergency that even he predicts will be subject to court battles. Here’s how the administration says it’s going to pay for the wall, with funds totaling about $8 billion. See full story. What […]

Finance Forex

The U.S. government’s red ink that should worry you is way bigger than the $22 trillion national debt

The U.S. federal government’s debt load hit another milestone this month: It’s now a record $22 trillion in nominal terms. That’s $67,000 for every man, woman and child living in the U.S., and it’s up $2 trillion since President Donald Trump took office in 2017. For comparison, U.S. debt is more than the total size […]

Finance Forex

Here’s how Trump wants to pay for the border wall after invoking a national emergency

MARKETWATCH FRONT PAGE President Donald Trump is planning to tap into several sources to build his signature border wall, invoking a national emergency that even he predicts will be subject to court battles. Here’s how the administration says it’s going to pay for the wall, with funds totaling about $8 billion. See full story. What […]