CNN Fake News – Trump Economy
Three CNN Employees ‘Resign’ Over ‘Russia Collusion’ Fake News Retraction
A few days ago we noted that CNN was forced to retract one of their bombshell ‘Russian collusion’ stories when it was apparently revealed that the whole thing was nothing more than their latest, anonymously-sourced fake news debacle. Like most CNN stories on the topic, this one carried a salacious title (“Congress was investigating a Russian investment fund with ties to Trump officials”) which implied some nefarious plot by the Trump administration to stage a coup in the United States.
Within 36 hours, however, CNN was forced to retract the story and issue an apology to Anthony Scaramucci (presumably for the whole libel thing).
That story did not meet CNN’s editorial standards and has been retracted. Links to the story have been disabled. CNN apologizes to Mr. Scaramucci.
Now, according to a new report from the Washington Post, the fake story has resulted in the ‘resignation’ of three CNN ‘journalists, including the Pulitzer Prize winner, Thomas Frank
Economy emerges as bright spot for Trump
The economy is emerging as a bright spot for President Trump as he struggles to move his congressional agenda amid a series of controversies.
The S&P 500 is up more than 12 percent since Election Day, unemployment has reached a 16-year low and economic growth in the coming year is expected to reach 2.3 percent, more robust growth than the 1.6 percent it grew in 2016.
Trump sought to play up his handling of the economy again on Friday at an event to end a week meant to highlight his efforts on legislation to fund new infrastructure projects across the country.
Stock Market records
Stock market begins day about 22K points for first time
A big earnings gain from Apple is sending the Dow Jones industrial average above 22,000 points for the first time.
Apple soared 6 percent in the first few minutes of trading today, accounting for all of the Dow’s gain. Apple reported another strong quarter and released a strong forecast late Tuesday.
Drugmaker Illumina jumped 12 percent after beating its earnings forecasts and issuing a strong outlook.
The Dow was up 68 points, or 0.3 percent, to 22,031.
The Standard & Poor’s 500 index rose 2 points, or 0.2 percent, to 2,478.
The Nasdaq composite increased 25 points, or 0.4 percent, to 6,388.Share on Facebook Tweet about this