Tuesday, February 6, 2018

Tuesday's Headlines: Trump, GOP discover peril of taking credit for stock market

 
Democracy Dies in Darkness
 
 
Today's Headlines
The morning's most important stories, selected by Post editors
 
 
Trump, GOP discover peril of taking credit for stock market
The president and congressional Republicans have spent the past year trying to connect a giddy stock market rally with their economic agenda, but stocks' precipitous plunge has delivered a sobering reality: What goes up can come back down. With Monday's steep fall, President Trump has presided over the Dow Jones industrial average's biggest one-day drop ever.
Dow sees historic drop as inflation fears rock global markets
The Dow Jones industrial average plunged a heart-stopping 1,600 points in afternoon trading before gaining back some ground — finishing Monday at 24,342, down 4.6 percent.
 
Wonkblog: Why the stock market is selling off
What is going on? How much should you worry? Let's unpack what you need to know if you have invested in stocks and bonds for the long term and are trying to forget about the daily turbulence.
 
Global markets take a hard tumble, mirroring Dow's decline
Japan's Nikkei stock index closed down nearly 4.7 percent, recovering from a 7 percent plunge earlier in the day. Hong Kong, Australia and China also lost ground. Minutes after opening, European markets saw sharp declines in a morning sell-off.
 
Fleeing to safety, 15 Syrians died on a mountain. A girl was found alive among them. Who was she?
"They were stiff and frozen. I hoped they were just asleep," a survivor of the doomed group said of those who perished in the trek to Lebanon. Rescuers posted photos of a 3-year-old girl who was found in the snow, unconscious and burned from frostbite, in hopes that someone would claim her.
 
House panel clears release of Democrats' rebuttal to GOP memo, setting up a showdown with Trump
President Trump has signaled a reluctance to approve the document's release. Democrats say their 10-page rebuttal offers important context for assertions made by Republicans about the FBI's surveillance of former Trump campaign aide Carter Page.
 
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Opinions
 
Reality is catching up with Trump — everywhere
 
The Nunes memo vindicates our worst fears about the GOP
 
The Nunes memo revealed a damning omission
 
Is Trump to blame for the market dive?
 
The cowardice among Republicans is staggering
 
The immigration bills in Congress aren't perfect. That's okay.
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More News
 
'Un-American': Trump attacks Democrats who didn't applaud his State of the Union lines on minority unemployment
The president went off script during an address in Ohio designed to tout the benefits of the Republican tax package.
 
 
House Republicans eye defense spending boost, complicating plan to avoid second shutdown
Government funding runs out Thursday at midnight, and while there were few fears of another shutdown, the House maneuver to hike Pentagon funding stands to heighten tension with Democrats.
 
From doubt to full-throated support: How Mattis changed his mind on nuclear weapons
Defense Secretary Jim Mattis's drastic about-face marks a resounding win for backers of the U.S. nuclear enterprise and a setback for disarmament advocates. Mattis is scheduled to testify on the matter today on Capitol Hill.
 
She killed 115 people before the last Korean Olympics. Now she wonders: 'Can my sins be pardoned?'
Kim Hyon-hui was a North Korean agent arrested for the downing of a Korean Air Lines jetliner 30 years ago. Pardoned for her crimes, she now lives a quiet life in South Korea, where she'll watch this month's Winter Olympic Games.
 
Fact Checker | Analysis
President Trump and the global spread of the term 'fake news'
Trump started a trend: calling unfavorable news coverage "fake." Foreign leaders — especially dictators and authoritarian regimes — have followed suit.
 
Perspective
Melania Trump has been given a powerful platform. It's time for her to use it.
The truth is, Melania Trump is not a delicate flower or a victim. She is a grown woman, an immigrant who made it in a cutthroat industry. She has one of the most powerful platforms in the world. And she can do so much good with that.
 
All she has to do to collect a $560 million lotto jackpot is make her name public. She is refusing.
The New Hampshire woman wants "the freedom to walk into a grocery store or attend public events without being known or targeted as the winner of a half-billion dollars," her lawyer said in court documents.
 
     
 
 
 
 

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