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Frontrunning: October 20

Trump’s Tax Plan Takes a Big Step Forward, But What Comes Next Won’t Be Easy (BBG) Low pay, no bonus: U.S. retailers struggle with hiring (Reuters) Donald Trump Jr. Becomes a Rainmaker on the Republican Speaking Circuit (BBG) In Kuroda's...Show More Summary

The Canadian dollar is tumbling after disappointing data

The Canadian dollar is tumbling after some disappointing data out of Canada. The loonie was down by 0.6% at 1.2561 per US dollar at 8:32 a.m. ET after being little changed just minutes earlier. Core retail sales fell by 0.7% month-over-month in August, below expectations of an increase of 0.3%. Show More Summary

Here's a super-quick guide to what traders are talking about right now

Dave Lutz, head of ETFs at JonesTrading, has an overview of today's markets. Most of the global markets are green. The US Senate passed a budget Thursday night and both the dollar and 10-year yield are rising. The euro is falling as Catalonia tensions continue. Here's Lutz: Good Morning! US Futures are on the upswing into Monthly Expiry today. Show More Summary

Traders are brimming with confidence on the latest tax reform progress

Progress is being made in Washington on Republican tax reform Investors are being emboldened and are responding by buying risk assets Traders worldwide piled into riskier assets on Friday after the Senate passed its fiscal year 2018Show More Summary

Fatal Attraction of Fake Facts Sours Political Debate

He did it again: Boris Johnson, UK foreign secretary, exhumed the old referendum-campaign lie that leaving the EU would free up £350m a week for the National Health Service. I think we can skip the well-worn details, because while the claim is misleading, its main purpose is not to mislead but to distract. The growing […]

Micro-investing app Stash will introduce mobile-first banking in early 2018

Since launching in 2015, micro-investing app Stash has attracted 1.2 million customers. These days, it’s adding 25,000 new customers each week. With Stash, for $1 per month, they can save small-dollar amounts and invest their savings in index funds with catchy names like “Roll with Buffett.” Now Stash is eyeing new territory: banking services. Show More Summary

42 Percent of Small Business Owners Would Take Action Against Employee Political Activism

Small business owners seems as divided as everyone else on when employee political activism at work is appropriate and, if not, what actions can be taken.

Opening Bell: 10.20.17

Meet "Paul in a Box"; WeWork runs on tequila and pixie dust; Goldman trading bitcoin would mean a stampede; bald eagle eats black cat in act of overt symbolism; and more.

What's the appropriate time to release police body camera videos? Right now

Like audio recordings of 911 emergency calls, video recordings from police body cameras are public records that can and should be disclosed to the public. That’s the easy part. It gets complicated because in mandating disclosure, California law also allows footage to be edited and release to be...

Today: Speaking to the Conscience of the Nation

During another week of divisive politics in America, the White House chief of staff and two former presidents spoke out in their own ways. TOP STORIES Speaking to the Conscience of the Nation The remarks Thursday from White House Chief of Staff John F. Kelly and former Presidents George W. Bush...

Years ago she was propositioned by her academic mentor. She still questions her accomplishments

To the editor: Years ago, less than a week after earning my doctorate at a well-known university in Southern California, my advisor called to invite me to lunch in Malibu to congratulate me. Turned out, he really wanted to lure me to a romantic weekend getaway in Santa Barbara (even though we both...

Ref Rodriguez and charter schools' failure to police themselves

To the editor: The Los Angeles Times must now look at the failure of charter school oversight personnel to detect or discourage the kinds of actions Los Angeles Unified School District Board of Education member Ref Rodriguez is accused of doing. (“What Ref Rodriguez's latest legal problems mean...

Rep. Tom Marino had help in preventing the DEA from addressing the opioid crisis

To the editor: I applaud the public outcry that has thwarted Rep. Tom Marino’s (R-Pa.) bid to be the nation’s drug czar, but I hope Californians will note that Rep. Judy Chu (D-Monterey Park) co-sponsored Marino’s bill in 2016 that completely hand-tied the U.S. Drug Enforcement [Administration]...

Bush and McCain articulate the case against Trumpism

Two of the the country’s most prominent Republicans gave serious, eloquent speeches this week. The man who never shuts up, President Trump, was not one of them. Instead, he was the thinly veiled target of both. On Monday, the 2008 GOP presidential nominee, Arizona Sen. John McCain, delivered a...

Gold Up 74% Since Last Market Peak 10 Years Ago

Gold Up 74% Since Last Market Peak 10 Years Ago - 10 year anniversary of pre-Global Financial Crisis market peak in S&P 500 on October 9th- Gold up 74% since the last market peak a decade ago; 11% pa in USD, 9.4% pa in EUR and 12.4%Show More Summary

Democrat Wilson Slams John Kelly's "Empty Barrel" Comment: "This Has Become Totally Personal"

Yesterday, White House Chief of Staff John Kelly gave an emotional plea from the briefing room podium, saying he was "stunned" and "brokenhearted" at Democratic Representative Frederica Wilson’s criticism of what was supposed to be a...Show More Summary

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