Bernie Sanders' Social Security expansion flips Obama on benefit reductions
The last time President Obama signed on to a plan to save Social Security, nearly five years ago, he agreed to a proposal that would have reduced the growth of benefits.But now, with Sen. Bernard Sanders of Vermont leading a populist charge in the Democratic presidential primary for expanding retirement benefits, the president has changed his tune and climbed aboard the socialist’s bandwagon.“It’s time we finally made Social Security more generous,” Mr. Obama said last week in Elkhart, Indiana. ..>> view originalHow Metro's SafeTrack plan could affect your commute if you drive
Rush hour traffic is backed up along Interstate 66 in this view from the Vienna Metro station. (Photo by Nikki Kahn/The Washington Post) Much of the public information campaign about the new Metro SafeTrack disruptions has focused on advising the transit users whose commutes will be directly affected. But most commuters drive, so they may not have considered the implications for their own weekday trips. I’d like to tell the drivers that we know how the first of the special maintenance progra..>> view originalUS presses China on industrial glut at strategic dialogue
By Joe McDonald and Bradley Klapper | AP June 5 at 10:00 PM BEIJING — U.S. Treasury Secretary Jacob Lew urged China on Monday to cut excess steel production that he warned is distorting global trade as the two sides opened a high-level dialogue overshadowed by tension over the South China Sea. The annual meeting of Cabinet-level foreign affairs, trade and other officials from both sides is meant to head off conflict. The sides also called for closer cooperation between the two biggest econom..>> view originalAmerican Airlines strikes a deal with ViaSat to bring satellite WiFi to 100 planes
American Airlines has gone non-Gogo, striking a deal with Southern Californian communications company ViaSat to bring satellite-powered WiFi to 100 Boeing 737 MAX aircrafts by September of next year. The deal comes in the wake of some fairly tense dealings between the airline and Gogo, whose traditional in-flight WiFi speeds (and near ubiquity) have been a source of frustration for passengers and carrier alike. But while the two companies have been at odds (to say the least), Gogo will continu..>> view originalThese 2 Charts Show Why Apple Is Building an Electric Car to Compete With Tesla
Elon Musk has given the world another reason to believe that Apple (NASDAQ:AAPL) is designing an electric car to compete against his own company, Tesla (NASDAQ:TSLA), at some point in the next five years. "I think it's great they're [building a car], and I hope it works out," said Musk at Vox Media's Code Conference on Wednesday. "It's just a missed opportunity... They should have embarked on the project sooner." Musk is right. But the reason Apple should have started sooner isn't because th..>> view originalJapan Stocks Slump After Payrolls as Pound Sinks on Brexit Angst
Japan drove a retreat in Asian stocks as concern over the state of the U.S. economy kept the yen near a one-month high and boosted gold to government debt. The pound slumped after weekend polls indicated more support for the bid to withdraw Britain from the European Union.Losses in Tokyo led the regional equity index down from a five-week high after data Friday showed American employers took on the fewest workers in six years. The report pummeled bets on the U.S. central bank raising borrowing ..>> view original
Sunday, June 5, 2016
Bernie Sanders' Social Security expansion flips Obama on benefit reductions and other top stories.
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