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NBA roundup: LeBron James and Cavaliers hand Knicks their worst loss of season

LeBron James scored 25 points, Kyrie Irving and Kevin Love also surpassed 20, and the Cleveland Cavaliers crushed the New York Knicks, 126-94, on Wednesday night at Madison Square Garden.  James had nothing to say Wednesday morning about Knicks President Phil Jackson and not much more about his...

Phil Jackson on calling LeBron James' associates a 'posse': That 'could be something I could regret'

Phil Jackson said Tuesday he doesn’t need to engage in a discussion with LeBron James, who took issue with the New York Knicks president’s describing the Cleveland Cavaliers star’s business associates as a “posse.” That’s probably for the best, since James already said he has no intention of speaking...

Warriors make it seven in a row over Clippers in a rout

Klay Thompson scored 24 points, Draymond Green added 22 points and the Golden State Warriors routed the Clippers, 115-98, on Wednesday night for their seventh consecutive victory over Los Angeles.  Stephen Curry had 19 points for Golden State while Kevin Durant, who came into the game averaging...

Trump Taps Oklahoma's Attorney General To Run Environmental Protection Agency

Oklahoma Attorney General Scott Pruitt arrives at Trump Tower in New York, Wednesday, Dec. 7, 2016. (AP Photo/Andrew Harnik) President-elect Donald Trump just nominated Scott Pruitt, the Republican attorney general of Oklahoma and a former Senator, to run the U.S. Environmental Protection Agency. According to The New York Times, Pruitt is “a [...]

AT&T CEO: Mega Time Warner deal will disrupt pay TV, benefit consumers

AT&T CEO Randall Stephenson and his Time Warner counterpart Jeffrey Bewkes are Capitol Hill-bound Wednesday morning as two top executives attempt to convince a Senate subcommittee that their proposed $85.        

The Banks are Speaking…and Scheming and Hoarding and Fleecing

Yes more on banks today… The banks are talking, but the bankers are quiet. I do not blame them. Unlike Trump…they know to keep their mouths shut when the going is good. $GS biggest two month rally since the financial crisis — uranium pinto beans (@UPB) Dec. Show More Summary

Our "Gaslight" Economy

If you don't like what these charts are saying, please notify The Washington Post to add the St. Louis Federal Reserve to its list of Russian propaganda sites. Yesterday I described our gaslight financial system. Today we'll look at... The post Our "Gaslight" Economy was originally published at The Wall Street Examiner. Follow the money!

Mark Carney says Britain is creating a generation 'like those who lived through the Great Depression'

The most politically significant chart presented by Bank of England governor Mark Carney in his speech on Britain's "lost decade" this week wasn't about the lack of economic growth in the UK following the financial crisis of 2008. Rather,...Show More Summary

Donald Trump Is Inheriting the Best Economy in a Generation(?) Bubbles, Worst Wage Recovery Since 1965, etc.

(Mis)Fortune magazine had a story which I actually mistook for a story from The Onion or National Lampoon. The post Donald Trump Is Inheriting the Best Economy in a Generation(?) Bubbles, Worst Wage Recovery Since 1965, etc. was originally published at The Wall Street Examiner. Follow the money!

SoftBank’s Son Pledges $50B investment in U.S. After Trump Meeting

Japanese business magnate Masayoshi Son, Chariman of conglomerate Softbank (9984JP), on Tuesday met with U.S. president-elect Donald Trump at Trump’s transition headquarters in New York City for 45 minutes and later announced he plans to invest $45 billion in the U.S. and to create 50,000 jobs. According to a write-up by Dow Jones Newswires’s Ryan Knutson, the […]

Here's how Trump could force the Fed to raise rates faster than it wants to

The Federal Reserve used extraordinary monetary policy measures to pull the US economy out of the Great Recession. As the Fed continues to return to normal, fiscal policy is set to step up in a big way. President-elect Donald Trump has...Show More Summary

What you need to know on Wall Street right now

Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Business Insider is currently hosting its annual IGNITION event in New York. You can watch the event live here, with Business Insider CEO Henry Blodget interviewing AT&T CEO Randall Stephenson right now. Show More Summary

'Cancel order!' Trump tweets Air Force One deal 'out of control'; Boeing says it'll deliver 'best value'

President-elect Donald Trump took aim at Air Force One on Tuesday, criticizing the cost of the iconic 747 jumbo jet that has served as the president’s flying White House and projected America’s might wherever it lands. The aircraft used by President Barack Obama, built by Chicago-based Boeing Co.,...

Fiona Apple roasts Donald Trump in a dark parody of 'The Christmas Song'

Looks like it’ll be a dark Christmas for Fiona Apple. The “Shadowboxer” singer has delivered a rewritten version of Nat King Cole’s “The Christmas Song” that aims to hit President-elect Donald Trump below the belt.  Her a cappella rendition of “Trump’s … Roasting on an Open Fire” is making the...

The Grammys have finally embraced Justin Bieber. But is this progress?

2017 Grammy nominations: complete list, Beyoncé top nominee, could make history; Dec. 6, 2016, 7:37 a.m. The Grammy nominations are here and Beyoncé leads the pack with nine nominations, followed by Drake, Rihanna, and Kanye West with eight apiece and Chance the Rapper with seven. We'll be updating...

A look at what might be next for the Dakota Access pipeline

The controversial Dakota Access pipeline is in limbo after the U.S. Army Corps of Engineers on Sunday declined to approve a permit that the pipeline company, Energy Transfer Partners, needs in order to finish construction along the planned route. Here’s a look at what might be next for the pipeline:...

Supreme Court limits damages against Samsung in Apple dispute

Ben Carson is Trump's pick to be Housing secretary Dec. 6, 2016, 8:31 a.m. This is our look at President-elect Donald Trump's transition and the outgoing Obama administration. Here's what's happening: Ben Carson, a former GOP primary rival who then supported Trump, is his choice for HUD Trump pokes...

Beyoncé earns nine Grammy nominations, Kanye, Rihanna and Drake get eight and Chance the Rapper makes streaming history

2017 Grammy nominations: complete list, Beyoncé tops in nominees, followed by Drake, Rihanna, and Kanye West Dec. 6, 2016, 6:15 a.m. The Grammy nominations are here and Beyoncé leads the pack with nine nominations, followed by Drake, Rihanna, and Kanye West with eight apiece and Chance the Rapper...

Holiday of Gratitude: How to Refocus This Holiday Season

With the holiday season upon us, so many people will start to inevitably find themselves in the midst of the chaos that happens during this time of year. So many of us get overly involved in gifts, Black Friday and holiday madness that we tend to forget about what this season is really supposed to be about. Show More Summary

Amazon Shows Future of Offline Shopping; Opens ‘Amazon Go’ Grocery Store with Automated Checkout

Amazon is planning to bring about the biggest revolution that has happened to shopping by starting its own physical grocery stores called ‘Amazon Go’. These stores are the e-commerce giant’s answer to the slow checkout and cumbersome shopping experience at the grocery stores. Show More Summary

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