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Showing posts from December 25, 2018

SFGATE: White House's attempt to calm the markets backfires

White House's attempt to calm the markets backfires Published on December 25, 2018 at 01:22AM by Heather Long, The Washington Post WASHINGTON - Many economists warned that President Donald Trump's focus on the stock market could have painful consequences. In recent days, it has become apparent why. Trump and his top deputies are focused on trying to stop the market slide, but they are helping drive the market down even further. On Monday, the Standard & Poor's 500-stock index closed in bear market territory, meaning the longest bull market for stocks in modern U.S. history is basically at its end. (A bear market is a 20 percent decline from the all-time high, which occurred in September.) Trump blames Federal Reserve Board Chair Jerome Powell, his own choice for the post, for the steep stock sell-off. Many on Wall Street say Trump deserves some blame, too.

SFGATE: Markets stage worst Christmas Eve ever after Trump tweet

Markets stage worst Christmas Eve ever after Trump tweet Published on December 25, 2018 at 08:38AM by Thomas Heath and Philip Rucker, The Washington Post The Dow Jones industrial average followed its worst week in a decade with a 653-point drop Monday, and President Donald Trump once again took to Twitter to interject himself into financial markets. As blue chips sank even deeper into the red after weeks of chaos, Trump tried to assign sole blame for the sell-off to the Federal Reserve, likening the central bank to a golfer who "can't putt." "The only problem our economy has is the Fed," the president said in a tweet. "They don't have a feel for the Market, they don't understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders.

SFGATE: Trump assails Fed as the 'only problem our economy has'

Trump assails Fed as the 'only problem our economy has' Published on December 25, 2018 at 12:13AM by By JOSH BOAK, AP Economics Writer President Donald Trump lashed out at the Federal Reserve on Monday after administration officials spent the weekend trying to assure the public and financial markets that Jerome Powell's job as Fed chairman was safe. "The only problem our economy has is the Fed," the president tweeted Monday. "They don't have a feel for the Market, they don't understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders. The Fed is like a powerful golfer who can't score because he has no touch — he can't putt!" On Wall Street, stocks had already been down but intensified their fall after Trump's tweet. Markets are facing their worst month in a decade over fears about a U.S.

SFGATE: GOP allies still trying to figure out how to read Trump

GOP allies still trying to figure out how to read Trump Published on December 25, 2018 at 10:04AM by By LISA MASCARO and DEB RIECHMANN, Associated Press WASHINGTON (AP) — As the first two years of President Donald Trump's administration close, Republican allies still haven't figured out how best to influence a leader who takes cues from the forces that swept him to office and seems to fear losing them above all else. Republicans on Capitol Hill and even the president's closest advisers have been whipsawed over a series of recent actions that show how intently Trump relies on what is sometimes called his gut — an adherence to campaign promises he made that are being reinforced by a constellation of election gurus, Fox News personalities and others who hold sway like few others. "I know he can be a handful, but he is the president," Sen. Lindsey Graham, R-S.C., told The Associated Press.

As China Cracks Down on Churches, Christians Declare ‘We Will Not Forfeit Our Faith’

By JAVIER C. HERNÁNDEZ from NYT World https://nyti.ms/2GGCqaa

Kids, Please Do Not Read This Article on What Trump Said About Santa Claus

By DANIEL VICTOR from NYT U.S. https://nyti.ms/2GOxzUe

6 Ways to Work Smarter, Not Harder, in 2019

By SMARTER LIVING EDITORS from NYT Smarter Living https://nyti.ms/2Cx1eNH

American Accused of Helping Nissan Chief Hide Pay Nears Release in Japan

By JACK EWING and HISAKO UENO from NYT Business https://nyti.ms/2GES6e4

What’s on TV Tuesday: ‘A Christmas Story’ and ‘Avengers: Infinity War’

By SARA ARIDI from NYT Arts https://nyti.ms/2CwqUKf

Christmas in Lebanon: ‘Jesus Isn’t Only for the Christians’

By VIVIAN YEE and HWAIDA SAAD from NYT World https://nyti.ms/2AeiJRv

Mexico Helicopter Crash Kills Governor and Her Husband, an Ex-Governor

By SARAH MERVOSH and MATT STEVENS from NYT World https://nyti.ms/2Cx6m4x

Not a ‘Department of No,’ New Defense Chief Turns Trump’s Demands Into Policy

By JULIAN E. BARNES and ERIC SCHMITT from NYT U.S. https://nyti.ms/2QO9OjP

In Latest Shutdown, Some Lawmakers See a Diminished Congress

By EMILY COCHRANE from NYT U.S. https://nyti.ms/2SkZkoM

Gov. Jerry Brown Commutes 131 Sentences and Orders DNA Testing in Death Row Case

By THOMAS FULLER from NYT U.S. https://nyti.ms/2PXnfsF

Raiders Turn Out Lights on Broncos, and Perhaps on Oakland

By THE ASSOCIATED PRESS from NYT Sports https://nyti.ms/2GRckl5

For Frank Ntilikina of Knicks, a Christmas Memory Shattered

By KELLY WHITESIDE from NYT Sports https://nyti.ms/2BOOosP

The Ghost of Trump Chaos Future

By PAUL KRUGMAN from NYT Opinion https://nyti.ms/2AdBYus

What Did Plato Think the Earth Looked Like?

By TED WIDMER from NYT Opinion https://nyti.ms/2SeLmFa

We Are All Riders on the Same Planet

By MATTHEW MYER BOULTON and JOSEPH HEITHAUS from NYT Opinion https://nyti.ms/2RhTl71

The Sidney Awards, Part I

By DAVID BROOKS from NYT Opinion https://nyti.ms/2EKgyYS

A Black Man Was in His Building’s Lobby. A White Neighbor Accused Him of Not Living There.

By TYLER PAGER from NYT New York https://nyti.ms/2VbYht4

Seasonal Song

By DEB AMLEN from NYT Crosswords & Games https://nyti.ms/2CuUFuY

Death toll from attack in Afghan capital soars to 40

Death toll from attack in Afghan capital soars to 40 The death toll from a Christmas Eve attack in the Afghan capital has climbed to 40, the Health Ministry said Tuesday, as police and rescue workers combed through the smoldering public welfare building where the gunmen held out for eight hours against security forces.

Somber Christmas, prayers in tsunami-hit Indonesian region

Somber Christmas, prayers in tsunami-hit Indonesian region The Christmas holiday was somber with prayers for tsunami victims in the Indonesian region hit by waves that struck without warning Saturday night.

Mexico: Helicopter crash claims Puebla governor, ex-governor

Mexico: Helicopter crash claims Puebla governor, ex-governor A husband-and-wife political power couple who were the current and ex-governors of the central Mexican state of Puebla died in a Christmas Eve helicopter crash, officials announced.

'Mastermind' of backpacker beheadings arrested, Moroccan officials say

'Mastermind' of backpacker beheadings arrested, Moroccan officials say Morocco's counterterrorism chief said Monday that five more people have been arrested in connection with the horrific ISIS-inspired murders of two Scandinavian hikers in the High Atlas mountains, including the so-called "emir" who masterminded the killings. 

Mexican governor, senator killed in helicopter crash

Mexican governor, senator killed in helicopter crash The newly elected governor of Mexico's Puebla state and her husband, a federal senator and former governor of the state, were killed Monday in a helicopter crash.

Christians celebrate Christmas Eve at Manger Square in Bethlehem

Christians celebrate Christmas Eve at Manger Square in Bethlehem Visitors flock to the region to celebrate their faith despite regional tensions; Trey Yingst reports from Bethlehem.

Indonesian tsunami death toll continues to rise, rescuers work against to clock to save victims

Indonesian tsunami death toll continues to rise, rescuers work against to clock to save victims Survivors of Indonesian tsumani mourn the dead and missing; William La Jeunesse reports.

Russian envoy: Bad relations with US unlikely to improve

Russian envoy: Bad relations with US unlikely to improve Russia's U.N. ambassador says relations between Moscow and Washington are "practically non-existent," which he says is bad not only for both countries but for the world — and he sees little prospect for improvement anytime soon.

Japan tries to curb its plummeting population

Japan tries to curb its plummeting population The acceleration of Japan’s population collapse is so rapid that the country’s birthrate has dropped to a historic level, the lowest since data gathering began in 1899, according to reports.

Pope: Forgo greed and gluttony of Christmas for simple love

Pope: Forgo greed and gluttony of Christmas for simple love Pope Francis urged Christians on Monday to forgo the greed, gluttony and materialism of Christmas and to focus instead on its message of simplicity, charity and love.

Major cyber attacks exposed millions of peoples' personal data in 2018

Major cyber attacks exposed millions of peoples' personal data in 2018 Cyber security analyst Morgan Wright on how to thwart potential cyber attacks.

Facebook shares your messages

Facebook shares your messages Backlash over peddling private communications.

Democrat Rep. Ro Khanna's plan to bring tech jobs to middle America

Democrat Rep. Ro Khanna's plan to bring tech jobs to middle America Lawmaker speaks out on his positive and practical solution to expand tech jobs to the Heartland.

Gadgets and gear to make all your worries go away on Christmas Day

Gadgets and gear to make all your worries go away on Christmas Day Kurt The Cyber Guy Knutsson reveals his last-minute gift ideas.

2018 in review: Best laptops from Apple, HP and more

2018 in review: Best laptops from Apple, HP and more Laptops from Hewlett-Packard, Apple, Microsoft, Google, and Lenovo led the pack in 2018.   Fox News has compiled a list of some of the best ones offered this year.

One step to protect your online accounts from hackers and scammers

One step to protect your online accounts from hackers and scammers It was bound to happen: Two-factor authentication (2FA) – that extra step that’s supposed to keep our devices and personal information safe – just no longer cuts it.

Kansas trying to unload $10M in computer equipment after abandoning costly tech project

Kansas trying to unload $10M in computer equipment after abandoning costly tech project The administration of Kansas Gov. Jeff Colyer is trying to unload $10 million worth of computer equipment by selling it at a steep discount or donating it.

How arrest of Chinese ‘princess’ exposes regime’s world domination plot

How arrest of Chinese ‘princess’ exposes regime’s world domination plot Huawei executive Meng Wanzhou’s arrest in Vancouver on Dec. 6 led to immediate blowback.

Facebook is under fire again, the social media company is receiving backlash over reports of a private messaging breach

Facebook is under fire again, the social media company is receiving backlash over reports of a private messaging breach Tech analyst Ian Wishingrad weighs in on the latest Facebook breach.

Give back with the best apps that support charities

Give back with the best apps that support charities Kurt The Cyber Guy Knutsson tells you what you need to know on 'Fox & Friends.'

Turkey vows no slowdown in fight against IS after U.S. pullout from Syria

Turkey vowed on Monday that the fight against Islamic State would not be slowed by the U.S. withdrawal from Syria, where Ankara-backed rebels reinforced their positions around the potential flashpoint town of Manbij. from Reuters: World News https://reut.rs/2Q2IF7E

Manbij roadmap to be completed by end of U.S. withdrawal from Syria: Anadolu citing minister

Turkey and the United States have agreed to complete their agreement on the Syrian town of Manbij by the time the full U.S. withdrawal from Syria is completed, the state-owned Anadolu news agency cited the foreign minister as saying on Tuesday. from Reuters: World News https://reut.rs/2Slhp68

Rouhani presents Iranian budget, says U.S. sanctions to hit lives, growth

President Hassan Rouhani presented a state budget of 4,700 trillion rials to parliament on Tuesday, saying U.S. sanctions would affect Iranians' lives and economic growth but not bring the government to its knees. from Reuters: World News https://reut.rs/2Q1g3M6