President Donald Trump’s former nominee to be the nation’s drug czar is defending his role in writing a law that critics say weakened the government’s authority to stop companies from distributing opioids. Rep. Tom Marino, R-Pa., said he’s proud of his work on the 2016 law, which passed without opposition […]
FAN Editor
US allies air concerns about Trump’s ‘Buy American’ order
GENEVA – Israel, Hong Kong and Taiwan joined a number of U.S. allies at the World Trade Organization on Wednesday to express concerns over a Trump administration executive order that calls on U.S. authorities to “maximize” use of American-made goods, products and materials in government procurement. Continue Reading Below The […]
Trump: US faces ‘once in a lifetime opportunity’ on taxes
WASHINGTON – President Donald Trump says the nation faces a “once in a lifetime opportunity” to overhaul the tax system. Continue Reading Below Trump spoke during a White House meeting with a group of senators. The president is convening Republicans and Democrats from the tax-writing Senate Finance Committee to build […]
Kentucky seeks big pension changes to stem tide of red ink
FRANKFORT, Ky. – Most of Kentucky’s future public employees would not get guaranteed pension payments under a deal announced Wednesday by the state’s Republican leaders who are trying to salvage one of the worst-funded public retirement systems in a country where many such plan are awash in red ink. Continue […]
Bond market flashing warning sign even as stocks rally to new highs
The bond market is warning that trouble could be on the horizon, either from an economic slowdown or an eventual recession. The yield curve, a set of interest rates watched closely by bond market pros, has gotten to its flattest level since before the financial crisis. The spread between 2-year […]
Bitcoin plunges nearly 9% on fears of greater oversight from US regulators
Bitcoin tanked Wednesday after indications of greater scrutiny from U.S. regulators. The digital currency fell nearly $500 at one point, or about 8.7 percent to a low of $5,109.70, before regaining some of the lost ground, according to CoinDesk. The day’s low marked the digital currency’s lowest level since Thursday, […]
Brazil’s former Olympic chief charged in 2016 Games bribes investigation
FILE PHOTO: Brazilian Olympic Committee (COB) President Carlos Arthur Nuzman arrives to Federal Police headquarters in Rio de Janeiro, Brazil October 5, 2017. REUTERS/Bruno Kelly/File Photo October 18, 2017 By Pedro Fonseca RIO DE JANEIRO (Reuters) – Brazilian prosecutors charged the former head of the national Olympics committee (COB), Carlos […]
Heartbreaking moment when fallen soldier’s widow weeps over casket
A heartbreaking moment unfolded on the tarmac of a Florida airport Tuesday when the widow of a fallen soldier received her husband’s casket. Myeshia Johnson, the widow of Sgt. La David Johnson, who was killed during a mission in Niger, was on hand to receive the remains. Footage of the […]
IBM shares head for biggest gain in eight years
FILE PHOTO: Traders gather at the post that trades IBM on the floor of the New York Stock Exchange October 20, 2014. REUTERS/Brendan McDermid October 18, 2017 By Supantha Mukherjee and Sonam Rai (Reuters) – Shares in International Business Machines Inc <IBM.N> surged 9 percent on Wednesday after it beat […]
Iraqi forces take control of Kurdish-held areas in Mosul’s Niveveh’s province
Members of Iraqi federal forces are seen in Dibis area on the outskirts of Kirkuk, Iraq October 17, 2017. REUTERS/Alaa Al-Marjani October 18, 2017 BAGHDAD (Reuters) – Iraqi forces have taken control of areas previously held by Kurdish forces in Mosul’s Nineveh province in northern Iraq, a military statement said […]