White House expects Turkey to release American pastor Andrew Brunson as part of secret deal: NBC News The White House expects the Turkish government to release detained American pastor Andrew Brunson in the coming days after reaching a secret deal, NBC News reported Thursday, citing two senior administration officials and another person briefed on the situation. The Turkish lira rallied more than 2 percent on the news to trade at 5.97 per U.S. dollar.
__________________________________________ EXCLUSIVE: Trump says China will make a deal by Salena Zito & Sean Higgins | October 11, 2018 03:06 PM ERIE, Pa. – President Trump said Thursday that he was certain that China would strike a deal with the US on trade, contending that his policies had pushed Beijing into a corner by weakening its economy. "I think China will ultimately make a deal. They want to talk right now ... China is not doing well, as you know," Trump said in an interview with the Washington Examiner ahead of his rally in Erie Wednesday evening. The administration announced Thursday that it had tentative plans to meet with Chinese President Xi Jinping late next month. "There may be a meeting, but it has not been set in concrete as far as I know. They have lots to talk about, so we’ll see," White House economic adviser Larry Kudlow said on CNBC. Trump claimed he didn't want to put the pressure on China but was obligated to do this in response to its aggressive trade policies, arguing that US had let the issue slide prior to his administration. "Not that I want that, but they've been taking out five hundred billion dollars a year from our country," Trump said. "Nobody did anything about it. I spoke to one of the top people in China, who we negotiated with. I said, 'How did this happen?' He's a pro, he understands my question very well. He said, 'Nobody ever called us.'" The US has placed levies on $250 billion worth of goods from China and threatened to cover all of the rest with tariffs as well. It has also place tariffs of 25 percent on steel imports and 10 percent on aluminum ones, policies mainly directed at China. The recent U.S.-Mexico-Canada Agreement includes language prohibiting those countries from striking deals with China. Beijing has hit back with tariffs on $120 billion worth of US goods.
Such a coincidence, that this news comes out after a few down market days while Trump engaged in a blame game with his own Fed chairman and less than a month from midterm elections.
Oh absolutely.... there was zero doubt in my mind he was gonna say something about a China deal today to quell some fears. We chatted this up before the market opened today. Classic (and predictable) Trumpian move.
I reckon reversal on his IRAN's stance/deal will be his trump card. probably reserved for an actual correction in the market.
Why didn't Obama get stuff like this done? How can anyone deny Trump's accomplishments? And the funny thing is... this helps more Trump haters than not. MAGA ______________________________________________________________________ Trump, flanked by Nashville artists, signs landmark Music Modernization Act into law Nate Rau, Nashville Tennessean Published 11:08 a.m. CT Oct. 11, 2018 | Updated 1:40 p.m. CT Oct. 11, 2018 President Donald Trump signs landmark Music Modernization Act into law Courtesy of White House YouTube (Photo: Evan Vucci, AP) President Donald Trump signed the Music Modernization Act on Thursday, passing into law landmark copyright reform that Nashville songwriters have battled to pass for many years. Trump was joined at the ceremonial signing by the legislation's chief champions, including advocates representing songwriters, publishers, record labels and digital music companies, along with the lawmakers who shepherded the Music Modernization Act rather smoothly through a bitterly divided Congress. But at the urging of Sen. Lamar Alexander, R-Tennessee, and U.S. Rep. Doug Collins, R-Georgia, the different interest groups came together to support the sweeping piece of legislation. “The Music Modernization Act closes loopholes in our digital royalty laws to ensure that songwriters, artists, producers and providers receive fair payment for the licensing of music,” Trump said during the signing ceremony. "I’ve been reading about this for many years. Never thought I’d be involved in it, but I got involved in it. They were treated very unfairly. They’re not going to be treated unfairly anymore.” The president was also joined by Nashville artists, including Christian band MercyMe, country artists John Rich and Craig Morgan, along with rock star Kid Rock. It was a fitting symbolic gesture, since it took strange bedfellows to propel the Music Modernization Act ahead. Songwriters and publishers had long been at odds with streaming companies over what copyright reform should look like. President Donald Trump gestures as musician Kid Rock speaks during a signing ceremony for the "Orrin G. Hatch-Bob Goodlatte Music Modernization Act," in the Roosevelt Room of the White House, Thursday, Oct. 11, 2018, in Washington. (AP Photo/Evan Vucci) (Photo: Evan Vucci, AP) "We have worked on elements of this legislation for 15 years," Nashville Songwriter Association International President Steve Bogard said. "With the passage of this law, every professional songwriter in America, including myself, who has suffered devastating economic losses in the era of digital music delivery, can now breathe a sigh of relief and be optimistic about the future of our profession. Along with the songs that bear my name, this is my proudest career accomplishment.” The Music Modernization Act passed the U.S. Senate on Tuesday; it's the first substantive reform to the nation's music copyright laws in decades. Courtesy of CSPAN The Music Modernization Act explained: The Music Modernization Act has three main tenets: It creates a new organization which will be in charge of the digital mechanical licensing of a song. The new organization, run by publishers and songwriters, will be in charge of identifying copyright owners and paying them their royalties for when songs are played on Spotify, Apple Music, Amazon or other streaming services. The onus for licensing had fallen to the streaming companies, and at times they failed to properly licensing songs, leading to multi-million-dollar lawsuits and class action settlements More: How Lamar Alexander brokered deal that led to Music Modernization Act The new law also creates a new standard for setting digital royalty rates for songwriters and publishers, implementing the more favorable free market value standard, which advocates say will increase digital royalty payouts to working songwriters.Importantly, the law also calls for a random rotation among federal judges in New York for who oversees copyright hearings so that the power to set rates isn't clustered with a single court The legislation closes the loophole, which allowed digital radio companies to not pay artists and record labels royalties for songs recorded prior to 1972 Trump's signing of the bill garnered immediate, sweeping praise from the music industry. "The Music Modernization Act is now the law of the land, and thousands of songwriters and artists are better for it," Recording Industry Association of America President Mitch Glazier said. "The result is a music market better founded on fair competition and fair pay. The enactment of this law demonstrates what music creators and digital services can do when we work together collaboratively to advance a mutually beneficial agenda. It’s a great day for music." ASCAP CEO Elizabeth Williams credited the creative community for advocacy that helped maintain momentum for the bill. “Thanks to the unrelenting efforts of our ASCAP music creator and publisher members, industry partners and champions in Congress, a more sustainable future for songwriters is finally within reach," Williams said. It was an interesting juxtaposition since earlier in the week pop star Taylor Swift, for the first time, politically endorsed Democratic candidates for Congress in Tennessee, garnering national headlines and underscoring the liberal-bent of the entertainment industry. It was conservative lawmakers from the Republican majority in Congress who spearheaded the effort to pass the Music Modernization Act. The bill unanimously passed the House and the Senate, and was named in honor of Sen. Orrin Hatch, R-Utah. “This is really big news for Tennesseans — from Beale Street in Memphis, through Music City, all the way to the birthplace of country music in Bristol. We have thousands of songwriters — taxi drivers, music teachers — struggling to make a living, and in the internet age, sometimes they aren’t paid for their songs, and when they are paid, they're not paid a fair market value,” Alexander said. “The Music Modernization Act is the most important law in a generation to help make sure that our songwriters -- and songwriters all over America — can keep working and make a decent living by making sure they're paid when their songs are played, and making sure that they're paid a fair market value for their work." Next comes implementing the Music Modernization Act, which will take effect Jan. 1, 2020. The board of directors for the new digital licensing organization will be comprised of publishing company executives, songwriters and self-published songwriters. How the new organization is formed, operated and which private companies emerge as partners will be of immense interest in the music industry. "As we embark on supporting and helping build the critical structures within the MMA, we are humbled by the extraordinary progress propelled by compromise and the unprecedented political involvement of music creators," NMPA President and CEO David Israelite said. "Today is about their future and this bill stands as a great statement on what can be done when we work together."
Biggest winners are the writers you've never heard of that wrote so many of the songs you have. To a lesser extent, the engineers and producers will get a teeny bit... but they already have jobs, its the writers who were really hosed. The guy who penned "Before He Cheats" for example, performed by Carrie Underwood and one of the best selling C&W songs of all time... made like $3K in royalties last year off that song. Crazy. There's literally hundreds of songs like that. Plus all those great songs that were written in the 60's.... they weren't copyright protected by a law that protected all songs after 1972. Now they are. Losers will be Spotify, Pandora, Apple, AMZN, SIRI. They have to finally give a little back of what they have been unfairly juicing for so long. This was a very big deal... and not one mention of it on the MSM other than "Kid rock was in the W.H. today for a Bill signing". And fwiw.... the House of Representatives passed this bill last Spring 415-0. MAGA.
Why a surge in semi-trucks order is a good sign for the economy By Henry FernandezPublished October 03, 2018U.S. EconomyFOXBusiness Facebook Twitter Comments US adds 230000 private-sector jobs in September CFRA Research investment strategist Lindsey Bell, Belpointe Asset Management chief strategist David Nelson and Capital Wave forecast editor Shah Gilani on how the U.S. private sector added 230,000 jobs in September and how the increase in semi-truck orders could be a good sign for the U.S. economy. North American Class 8 semi-truck orders hit 42,300 in September, up 92 percent from a year ago. Continue Reading Below The continued surge in big rig orders may be another signal of a booming U.S. economy as the freight market records its best quarter for sales in history. “The economy is surging right now, putting stress on shippers to find trucks to deliver goods on time,” Don Ake, FTR vice president of commercial vehicles, said in a statement. More from FOX Business Trump touts ‘best economy in our history’ to electrical contractorsOpens a New Window. US private sector job gains at 7-month highOpens a New Window. Opens a New Window. Sponsored By AutodeskOpens A New Window. Autodesk's BIM GuideOpens A New Window. Personal guide to BIM tech & workflows to help you automate the ordinary & reach the extraordinary. Truck fleets have been struggling with a shortage of trucks and drivers, while manufacturers are dealing with heavy backlogs. “The truck area is one part of the economy that you are seeing them having a hard time filling those jobs,” Lindsey Bell, an investment strategist for CFRA Research, said on FOX Business’ “Making Money with Charles Payne” on Thursday. “They’re probably going to have to increase the pay for some of those jobs.” Advertisement Daimler AG, Navistar International Corp, Paccar Inc. and Volvo AB are the main truck makers in the U.
I’m sure Spotify, Pandora and Apple Execs are shitting themselves for missing out on a couple of Vandzandts ET Box Car Willie specials.