網頁

2018年9月4日 星期二

On The Money: Congress faces September spending scramble | GOP chair aims to mark up 'tax reform 2.0' next week | Vulnerable Dems face GOP attacks on tax law | Amazon hits $1T in market value

 
 
View in your browser
 
On the Money - The Hill Finance
Facebook   Twitter   LinkedIn   Email
 

Happy Tuesday and welcome back to On The Money. I'm Sylvan Lane, and here's your nightly guide to everything affecting your bills, bank account and bottom line.

See something I missed? Let me know at slane@thehill.com or tweet me @SylvanLane. And if you like your newsletter, you can subscribe to it here: http://bit.ly/1NxxW2N.

Write us with tips, suggestions and news: slane@thehill.com, vneedham@thehill.com, njagoda@thehill.com and nelis@thehill.com. Follow us on Twitter: @SylvanLane, @VickofTheHill, @NJagoda and @NivElis.

 

THE BIG DEAL--Congress faces September scramble on spending: Congress is facing a September scramble as it returns to Washington ahead of an end-of-the-month deadline to avoid a government shutdown. 

Lawmakers get back to the Capitol on Tuesday, giving them just a matter of weeks to clear spending legislation while also juggling other high-profile fights like the confirmation of Supreme Court nominee Brett Kavanaugh. 

Senators, who stayed in Washington instead of taking their usual August recess, have made quick work of their funding packages, passing nine out of the 12 individual appropriations bills. 

But lawmakers still need to get a deal on the three spending packages they have not cleared so far, a challenge that will require them to defuse partisan policy riders included in the House bills. The Hill's Niv Elis and Jordain Carney explain here.

Trump, GOP powwow: President Trump will meet with GOP leaders on Wednesday to discuss the legislative agenda ahead of November's midterms, which includes avoiding a government shutdown at the end of this month. Speaker Paul Ryan (R-Wis.) will be in attendance at the White House meeting with congressional leaders, according to his office. Democratic leaders were not invited.

 

ON TAP TOMORROW

 

LEADING THE DAY

Woodward: Cohn stole from Trump letter to pull US out of South Korea trade deal: Trump's former top economic adviser, Gary Cohn, twice pulled paperwork off of Trump's desk that the president was intending to sign to withdraw the United States from trade agreements, according to a forthcoming book from veteran journalist Bob Woodward.

The Washington Post, which obtained an advance copy of the book, reported Tuesday that Cohn "stole a letter off Trump's desk" that would have formally withdrawn the U.S. from a trade agreement with South Korea.

Cohn later told an associate that Trump didn't notice the letter was missing. Cohn also reportedly said he took the letter from Trump to protect national security.

The then-director of the National Economic Council separately pulled a different letter from Trump's desk in spring 2017 that would have pulled the U.S. out of the North American Free Trade Agreement (NAFTA), according to the Post.

And click here for more on the frenzy over Woodward's latest book.

 

Latest on 'tax reform 2.0': House Ways and Means Committee Chairman Kevin Brady (R-Texas) said Tuesday that he intends for his panel to mark up a second round of tax cuts next week.

"It's full steam ahead on 2.0 because the main question here is, will we make tax cuts for families and small businesses permanent as we did for corporations? The answer is yes," Brady said. "Plus it's incredibly pro-growth."

What's in the legislation: The package will have three components: making the individual tax cuts in the 2017 tax law permanent, providing incentives for taxpayers to save money, and providing incentives for business innovation.

Brady's timeline: He is aiming to have his panel mark up the bill next week with plans for a House floor vote this month. But, it's unlikely that the legislation will pass the Senate.

Speaking of the tax bill, The Hill's Naomi Jagoda explains how Republican candidates are taking aim at vulnerable Senate Democrats by reminding voters that their opponents did not support the 2017 tax-cut law.

 

Amazon hits $1 trillion valuation amid Trump attacks: Amazon briefly exceeded $1 trillion in value Tuesday amid growing criticism from President Trump, becoming the second U.S. corporation to reach that threshold.

The online retail giant eclipsed the $1 trillion mark Tuesday morning when the price of one of its 487,741,189 shares rose to $2,050.27, according to CNBC. The stock value slipped to close at $2,039.51, but still up 1.33 percent for the day.
Apple was the first U.S. corporation to exceed $1 trillion in value when it crossed the threshold on Aug. 2. The combined value of both companies is equal to roughly 10 percent of U.S. gross domestic product.

While Amazon's plans to build another headquarters have attracted offers of lucrative tax breaks and benefits from dozens of state and city leaders, the company has been fiercely attacked by Trump over its size and influence.

  • Trump told Fox News last week that Amazon and fellow tech giants Google and Facebook could be in a "very antitrust situation," but declined to say whether they should be dismantled.
  • Trump has been critical of several Silicon Valley titans over what he considers rampant anti-conservative bias, but has been particularly hostile toward Amazon. The president frequently attacks Amazon founder and CEO Jeff Bezos, who also owns The Washington Post, and links the online retailer to the newspaper's White House coverage. The Post has said that Bezos plays no role in its editorial decisions.
  • Trump has also frequently criticized Amazon's agreement with the U.S. Postal Service (USPS) to ship packages at reduced rates, blaming it for the fiscal woes at USPS. An upcoming Treasury Department report on revamping the debt-riddled USPS is expected to add more fuel to that fight.

 

FINANCE IN FOCUS--Ten years later, wounds run deep from the 2008 crash: Ten years have passed since the depths of the 2008 financial crisis and the U.S. has emerged as a more prosperous but less equal nation.

The bankruptcy of Lehman Brothers and government takeover of Fannie Mae and Freddie Mac in September 2008 set off a series of collapses that froze the global financial system and triggered a massive recession.

Millions of Americans would lose their homes to foreclosure and their jobs to the contracting economy. The devastation helped fuel the election of former President Obama, who enacted sweeping new rules for banks and a massive stimulus package over the opposition of Republicans.

A decade later, joblessness is close to all-time lows, corporations and banks are boasting record profits, and consumer spending has gradually risen as the economy expands. But the wounds still run deep for millions of Americans who haven't felt the full benefits of the recovery.

Inflation-adjusted wages have sunk despite the hot job market, rising housing costs have locked out many first-time homebuyers, and the working class has struggled to overcome the growing chasm between the richest and poorest Americans.

Analysts say scores of new federal rules accomplished their goal of stabilizing the financial system, allowing the U.S. to rebuild after the crisis. Even so, there are growing concerns that the economy they helped create poses new, less familiar risks to American consumers. I've got more on America's economic future here.

 

GOOD TO KNOW

  • President Trump on Tuesday said he thinks Nike is sending a "terrible message" by featuring NFL free agent Colin Kaepernick in its 30th anniversary "Just Do It" advertising campaign, but also said "in another way, it is what this country is all about.
  • Utah-based, Varo Bank has received preliminary and conditional approval from the Office of the Comptroller of the Currency to become a national bank, according to American Banker. 
  • The Agriculture Department on Tuesday officially began offering economic aid to farmers suffering under retaliation to tariffs imposed by President Trump. USDA opened applications for $4.7 million in direct payments to corn, cotton, dairy, hog, sorghum, soybean, and wheat producers, and $1.2 million in crop purchases.

 

ODDS AND ENDS

 

THE HILL EVENT

Join us Wednesday, September 12 for "A Healthy Start: Infant and Early Childhood Nutrition," featuring Reps. Nanette Barragán (D-Calif.) and Bobby Scott (D-Va.), and Administrator of the Food and Nutrition Service Brandon Lipps. Editor in Chief Bob Cusack will sit down with the headliners to discuss maternal, infant, and early childhood nutrition, and what steps can be taken to establish healthier eating patterns across all communities. RSVP Here.

 
 
 
 
 
  Facebook   Twitter   LinkedIn   Email  
 
Did a friend forward you this email?
Sign up for Finance Newsletters  
 
 
 
 
 
THE HILL
 
Privacy Policy  |  Manage Subscriptions  |  Unsubscribe  |  Email to a friend  |  Sign Up for Other Newsletters
 
The Hill 1625 K Street, NW 9th Floor, Washington DC 20006
©2018 Capitol Hill Publishing Corp., a subsidiary of News Communications, Inc.
 
 

DAILY DOSE: G‑d’s Lawyers

ב"ה  


G‑d's Lawyers

By Tzvi Freeman

On Rosh Hashanah, G‑d puts Himself on trial.

G‑d is beyond this world He has made, but He is found within it, as well. He is found in every atom, in every event, in every life of this world.

If so, though it may sound strange, He, as He is beyond this world, takes Himself, as He is present within this world, to trial.

"Is there meaning to be found," He asks Himself, "in sustaining this world and all that inhabits it?"

Who will plead on His behalf? We, the human being. We act as the defense. We must demonstrate that, yes, there is awe, there is love, there is meaning, there is purpose in every detail of our life, and it is good.

In truth, we need only awaken the spark of G-d within our own souls. That spark within us connects with the Infinite Light of G‑d above. The circuit is complete and a new universe begins.

Each year, it is a different world, an entirely new world. A world of even greater meaning.



By Tzvi Freeman


Print Page   ·   Read Online   ·   Discuss   ·   Share on Facebook



You may also be interested in...

Rosh Hashanah

Head of the Jewish Year

The High Holidays – Rosh Hashanah and Yom Kippur

When Is Rosh Hashanah in 2018, 2019, 2020, and 2021?

I Don't Like Rosh Hashanah






This email was sent to: tweatsho.email004@blogger.com

Change email address · Manage Subscriptions · Unsubscribe

© Copyright Chabad.org · Contact Us · Ask the Rabbi · Privacy Policy · Donate

SearchCap: Google and Facebook accused of plundering, GSC gets new features, IF functions & more

 


 
Featured story
 

European publishers accuse Google and Facebook of 'plundering' their content

 

Sep 4, 2018 by Greg Sterling

Publishers and media companies have stepped up lobbying for a restrictive copyright law that would effectively create 'link taxes.'

 
From Search Engine Land
 
Google Search Console out of beta, adds more features
  Sep 4, 2018 by Barry Schwartz

Google has added a manual actions section to the new Google Search Console, and the URL inspection tool now works in real time.

 
Find anomalies in your campaign spending with this Google Ads script
  Sep 4, 2018 by Daniel Gilbert

Contributor Daniel Gilbert shares a customizable script that lets you check for overspending or underspending in your Google Ads account by finding changes in spending.

 
Google's somewhat-new guide to totally excellent ads
  Sep 4, 2018 by Matt Lawson

As responsive search ads make their way to an account near you, contributor and Googler Matt Lawson shares suggestions on how to implement all of the ad formats in one big happy account. Party time!

 
How to use IF functions to speak to different audiences
  Sep 4, 2018 by Joe Martinez

If you have several remarketing audiences created, contributor Joe Martinez explains how to use IF functions to advertise to each user group depending on where they might be in your sales funnel.

 
Google speeds up some searches by 2x with use of Service Worker and Chrome for Android
  Sep 3, 2018 by Barry Schwartz

Google's pursuit of speed has led it to use Service Workers to make some repeated searches twice as fast.

 
5 ways to avoid duplicate content and indexing issues on your e-commerce site
  Sep 3, 2018 by Manish Dudharejia

Before a page can rank well, it needs to be crawled and indexed. Contributor Manish Dudharejia shares five tips to give your pages the best chance of getting indexed in the search results.

From Marketing Land
 
Snap names Time Warner's former CMO as its VP of US Global Business Solutions
  Sep 4, 2018 by Amy Gesenhues

Reporting to Snap's Chief Strategy Officer, Kristen O'Hara will oversee the Business Solutions groups tasked with building advertiser relationships.

 
Study: Telecoms have been throttling YouTube and Netflix since demise of net neutrality
  Sep 4, 2018 by Greg Sterling

Even though it was happening to some degree before this year, the activity has picked up since the FCC decision to change the rules.

 
Protect Your Brand: The best defense is a good offense
  Sep 4, 2018 by Digital Marketing Depot

Your brand is constantly under attack by competitors that bid on your branded keywords, interrupting the customer journey and diverting search traffic and ultimately revenue. These "hijack" attempts muddy your reputation and adversely impact the experience your consumers have with your brand online.

 
How small businesses can see big results with foundational SEO
  Sep 3, 2018 by Marcus Miller

Where can you put 20% effort for 80% SEO return? Contributor Marcus Miller outlines SEO tactics SMB owners can use for easy but effective wins.

 
Here's why you should crowdsource your programmatic creatives
  Aug 31, 2018 by Grace Kaye

Maybe you've experimented with influencers or user-generated content, but have you ever employed user-made-creative in your advertising campaigns? Contributor Grace Kaye shares tips and tactics, describing the experiences of one retail brand.

 
The ultimate guide to using Bing Webmaster Tools – Part 5
  Aug 31, 2018 by Christi Olson

Contributor and Bing Chief Evangelist Christi Olson outlines the free publicity tools Bing offers in part 5 of our Bing WMT series.

 
How to capitalize on the competitive advantage of real-time data analysis
  Aug 31, 2018 by Stela Yordanova

Contributor Stela Yordanova explains how to capitalize on the competitive advantage provided by real-time data analysis.


 
 

SMX East returns to NYC, better than ever: October 24-25, 2018

Search Engine Land's SMX East is coming to the Big Apple October 24-25. You'll get two laser-focused days of the SEO and SEM topics that matter most to you. Join us for actionable tactics, exceptional networking, top notch amenities, and demos from market-defining vendors. View rates and register today!

 

Connect with us on:

Get the Search Engine Land App:

Like what you see? Check out Search Engine Land's other email newsletters here.
News | SEO | SEM | Local | Retail | Social
 
This email was sent to tweatsho.email004@blogger.com. Click here to unsubscribe or manage your subscriptions.
 
This email was sent by: Search Engine Land - a Third Door Media, Inc. publication with headquarters at 279 Newtown Tpke. Redding, CT 06896 USA