• Trump's newest plan to reshape Wall Street may sound familiar - because Hillary Clinton had the same idea

    1 month ago - By Chron

    REUTERS/Mike Blake
    President Donald Trump asked the Securities and Exchange Commission to study changing from quarterly earnings reports to biannual reports, the president said in a tweet Friday.
    Trump said moving away from the quarterly system would be good for job growth and companies.
    The idea has a striking similarity to a plan from Trump's 2016 opponent, Hillary Clinton.
    President Donald Trump weighed in on Wall Street's focus on quarterly earnings - and sounded a lot like his 2016 opponent.
    In a Friday tweet, the president suggested that public companies should move away from...
    Read more ...

     

  • Trump's economic agenda is exacerbating America's inequality crisis

    Trump's economic agenda is exacerbating America's inequality crisis

    1 month ago - By Business Insider

    US income inequality, already at its worst levels since the 1920s, is likely to get worse because of President Donald Trump's economic policies, including a tax-cut program that was heavily tilted toward the wealthy.
    A new report from the Economic Policy Institute finds the average CEO of a large US firm takes home a startling 312 times what their average worker makes.
    "CEOs are getting more because of their power to set pay, not because they are more productive or have special talents or more education," the report says.
    US inequality statistics have been so startling in recent years that...
    Read more ...

     

  • Former Defense Chief Robert Gates Joins in Criticizing Trump For Stripping John Brennan's Security Clearance

    1 month ago - By Fortune

    Former Defense Secretary Robert Gates has signed onto a letter criticizing President Donald Trump for stripping the security clearance of former CIA Director John Brennan .
    The letter , released Thursday, defends Brennan , whose security clearance was revoked in what critics say was retribution for speaking out against Trump. Gates, who served as Defense Secretary under former Presidents George W. Bush and Barack Obama, joins 12 other former intelligence officials on the letter. According to former acting CIA director Michael Morell, Gates was out of cell range when the letter was...
    Read more ...

     

  • Trump backs CEOs, proposes easing corporate reporting rules

    1 month ago - By Reuters

    U.S. President Donald Trump on Friday said meetings with corporate executives prompted him to ask the U.S. Securities and Exchange Commission to study letting public companies file financial reports every six months instead of every quarter.
    Read more ...

     

  • Melania Trump reportedly asks the White House kitchen staff to prepare healthier meals for the president

    Melania Trump reportedly asks the White House kitchen staff to prepare healthier meals for the president

    1 month ago - By Business Insider

    First lady Melania Trump reportedly asks the White House kitchen staff to prepare healthier meals for her husband President Donald Trump, according to The New York Times.
    The president reportedly would prefer to have two scoops of ice cream for dessert.
    But Trump has reportedly changed some of his diet, as he now is eating more fish, salad, and soup.
    First lady Melania Trump reportedly asks the White House kitchen staff to prepare healthier meals for her husband President Donald Trump, according to The New York Times .
    However, despite the first lady's efforts to improve her husband's...
    Read more ...

     

  • It will be tough for Trump's SEC to overhaul reporting rules

    1 month ago - By Reuters

    U.S. President Donald Trump said Friday that he wanted the Securities and Exchange Commission to explore doing away with quarterly corporate reports, replacing them with filings every six months.
    Read more ...

     

  • Trump asks SEC to consider switch to half-year corporate filings

    1 month ago - By Reuters

    U.S. President Donald Trump on Friday said meetings with corporate executives had prompted him to ask the U.S. Securities and Exchange Commission to study letting public companies file financial reports every six months instead of every quarter.
    Read more ...

     

  • President Donald Trump is being slammed for saying Aretha Franklin 'worked' for him in his comments about her death

    President Donald Trump is being slammed for saying Aretha Franklin 'worked' for him in his comments about her death

    1 month ago - By Business Insider

    In a statement about Aretha Franklin's death, President Donald Trump said the singer "worked" for him.
    She was never a Trump employee, though she performed at some of his properties on multiple occasions.
    People are slamming the president for his choice of words.
    President Donald Trump is under fire for his comments about Aretha Franklin's death.
    As tributes were shared for the "Queen of Soul," who died Thursday at the age of 76, a line from Trump's statement to reporters during a cabinet meeting stood out.
    "I want to begin today by expressing my condolences to the family of a person I...
    Read more ...