President Trump’s embarrassing breach with the nation’s business leaders was a long time coming. When Trump uttered incendiary remarks following the racially charged violence in Charlottesville, Virginia, the dam broke and a critical mass of CEOs finally started to quit Trump’s White House advisory
Back in February, Uber CEO Travis Kalanick quit a Trump advisory council in reaction to Trump’s effort to ban immigrants from seven Muslim countries. Uber had come under fire for supposedly profiting when taxi drivers stopped work to protest Trump’s plan, which put Kalanick in a trickier position on
“The Washington Post article about me being Russian is BULLS--T,” said Lorraine Elijah, who is believed to have created the Nicole Mincey persona.
The last recession ended in 2009, and it took until 2014 for the economy to add back all the jobs lost during the downturn. Employers added 209,000 jobs in July, which pushed the economy past an important milestone: When adjusted for a growing and aging population, there are now more jobs than there
Six months into his presidency, Donald Trump has one big thing going for him: a robust job market. Before Trump critics freak out—yes, it’s obviously true Trump inherited an improving economy from his predecessor, Barack Obama. Underlying factors such as strong corporate profits, low interest rates
It’s no secret President Trump wants the Affordable Care Act to die. “Let Obamacare implode,” he said in a speech on July 28, after Republican senators failed to repeal a law they’ve vowed to get rid of for seven years. What Trump isn’t saying, however, is that letting Obamacare implode would hurt
Any limit on legal immigration also poses risks to the economy, because the United States actually needs more immigrant workers, not fewer, in order to grow faster and more robustly.
The collapse of the GOP plan to repeal the Affordable Care Act doesn’t mean we’re done. Congress, after all, accomplished nothing at all during four months of brawling over the issue. The ACA still needs help.
Anthony Scaramucci’s tenure as White House communications director was shorter than a typical internship. It may also eclipse prior failures Scaramucci has discussed candidly.
Foxconn plans to automate 30% of its factories by 2020. It builds 10,000 robots per year—called Foxbots—and has fielded about 40,000 of them so far.
Here are a few ideas for genuinely improving the U.S. health care system, instead of extending and revoking benefits to certain classes of people, based on which political party runs the show in Washington.
Obamacare has helped about 20 million Americans gain health insurance, and lowered costs for others. But the law came with glitches that have caused huge cost increases for a subset of the insured public.
The Lincoln Continental is back, after 15 years, seeking whatever slivers of distinction might still exist in the crowded luxury segment.
Yahoo Finance polled 25,000 Trump voters in late June, and found that 11% of them say they wouldn’t vote for Trump again, with 6% unsure. A large majority of Trump voters said they would vote for their candidate again – yet Trump seems to be losing the swing voters who put him over the top in last year
President Trump has a lot of problems, but the economy isn’t one of them. The Yahoo Finance Trumponomics report card shows a modest improvement in early July, thanks to strong jobs data for the last couple of months.