The situation is rapidly deteriorating for America's "bricks and mortar" retailers. As discussed earlier this week, some 9 retail outlets have already filed for bankruptcy protection in 1Q 2017 alone according to Alix Partners. That volume of filings matches the total number of retail bankruptcies for all of 2016 and puts the industry on pace to exceed even the 'great recession' highs.
Since it was revealed yesterday that Steve Bannon was removed from Trump's National Security Council, the mainstream media rumor mill has run wild with speculation over whether the transition was voluntary or a devastating blindside to a man once considered Trump's right-hand man.
Not surprisingly, Bannon's 'official' statement, which suggested that his removal was simply a natural progression after Michael Flynn's dismissal and the appointment of General McMaster, did little to calm the rampant speculation of a rising civil war within the Trump administration.
Authored by Darius Shahtahmasebi via TheAntiMedia.org,
Many people who are conscious of the media’s biased coverage of terror attacks in different parts of the world usually frame the issue as one of outright racism. This is misguided, if not dishonest, given that social media erupted into a frenzy when the image of a drowned Syrian refugee went viral in 2015, suggesting people do occasionally care about dark-skinned people.
While Jamie Dimon made headlines with the warning that "something is wrong" with America, to which he dedicated a substantial portion of his latest annual letter to shareholders, a less discussed declaration by the JPM CEO was that the too-big-to-fail problem, one which clearly impacts his own bank, JP Morgan, has been solved.
In a historic vote, Senate Republicans on Thursday crushed "a Democratic blockade" - in Reuters' words - of Trump's Supreme Court nominee Neil Gorsuch, in a fierce partisan brawl, approving a rule change dubbed the "nuclear option" to allow for conservative judge Neil Gorsuch's confirmation by Friday.