U.S. consumer spending barely rose in February amid delays in the payment of income tax refunds, but the biggest annual increase in inflation in nearly five years supported expectations of further interest rate hikes this year. The Commerce Department said on Friday consumer spending, which accounts for more than two-thirds of U.S. economic activity, edged […]
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First daughter Ivanka Trump is about to take on another title as an unpaid adviser to her father President Donald Trump, the White House announced on Wednesday. Ivanka, whose husband Jared Kushner also works as a senior aide to the president, will not receive a salary for her work as a federal employee. Kushner, a […]
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Federal Airport Authority of Nigeria (FAAN) and Julius Berger, the contractor handling the repair of Nnamdi Azikiwe International Airport, Abuja runway, have said that the work is 40 per cent completed. The duo gave made this known in Abuja on Monday when members of the House of Representatives Committee on Aviation led by its Chairman, […]
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Americans who have benefited from the Affordable Care Act are feeling some relief at the failure of Republican efforts to repeal it, but they face new anxieties with President Donald Trump tweeting that “ObamaCare will explode.” Premiums have risen and major insurers have backed out of the state markets where people can buy insurance online […]
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Professor Stephen Hawking has said he may not be welcome in the United States after he made scathing comments about President Donald Trump. The physicist and cosmologist, 75, who has previously referred to Mr Trump as a “demagogue”, told Good Morning Britain he fears he “may not be welcome” in America any more despite his […]
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The Trump administration’s budget proposal for the next fiscal year would cut Small Business Administration funding by 5 percent, eliminating some Obama administration programs aimed at creating jobs. The proposed SBA budget would total $826.5 million, the smallest of any Cabinet-level agency and $43.2 million less than it was allocated for the current fiscal year, […]
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A defiant Donald Trump has pledged to appeal against a federal judge’s order placing an immediate halt on his revised travel ban, describing the ruling as judicial overreach that made the United States look weak. In granting the temporary restraining order in response to a lawsuit by the state of Hawaii, U.S. District Judge Derrick […]
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When President Donald Trump this year said the dollar might be “too strong,” he added a new twist to how the U.S. government talks about its currency. Going back to the 1990s, U.S. officials have repeated that the U.S. believed in a “strong dollar,” a mantra meant to avoid roiling currency markets. How to handle […]
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Barack Obama arrived in French Polynesia where he will spend a month at a luxury resort frequented by Hollywood stars, according to local TV channel Tahiti Nui TV. The former US president landed on the tourist island Tahiti without his family before going to Marlon Brando’s privately owned retreat Tetiaroa atoll, which the Oscar-winning actor […]
Read More President Donald Trump earned $153 million and paid $36.5 million in income taxes in 2005, paying a roughly 25 percent effective tax rate thanks to a tax he has since sought to eliminate, according to highly sought-after tax documents disclosed Tuesday night. The pages from Trump’s federal tax return show the then-real estate mogul also […]
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The Obama administration in its final year in office spent a record $36.2 million on legal costs defending its refusal to turn over federal records under the Freedom of Information Act, according to an Associated Press analysis of new U.S. data that also showed poor performance in other categories measuring transparency in government. For a […]
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Over 130 US foreign policy experts have denounced President Donald Trump’s revised travel ban, saying it undermines America’s national security and interests as much as the original order barring travelers from some Muslim-majority countries and refugees. “To Muslims — including those victimized by or fighting against ISIS (Islamic State) — it will send a message […]
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