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Rich would benefit most from Trump tax cut plan: policy group  

WASHINGTON (Reuters) – The wealthiest Americans would benefit the most from President Donald Trump’s proposed tax cuts while many upper middle-income people would face higher taxes, independent experts said on Friday in the first detailed analysis of the plan. A U.S. Senate panel took Trump’s proposal, announced on Wednesday, a step forward by unveiling a budget plan for the coming fiscal year that acknowledges lost revenues from tax cuts, while Trump pressed ahead with selling the plan to the public. A report from the non-profit Washington-based Tax Policy Center found Read More  

               

Hezbollah leader: Kurdish vote will sow division in region  

The leader of Lebanon’s militant Hezbollah group has warned that a controversial referendum on support for independence in Iraq’s Kurdistan will lead to dividing several countries in the region. Sheikh Hassan Nasrallah said in a speech Saturday night that the referendum held on Monday does not threaten Iraq alone but also Turkey, Syria and Iran, which all have large Kurdish minorities. Iran, Turkey and Syria rejected this week’s symbolic referendum, in which Iraq’s Kurds voted overwhelmingly in favor of independence. Nasrallah said the divisions would also reach other countries in Read More  

               

Rep. Steve Scalise returns to Capitol for 1st time since Virginia shooting

House Majority Whip Steve Scalise was met with applause on the floor of Congress after returning to work for the first time today since being shot during a congressional baseball game practice. Scalise “will participate in this morning’s vote series and address his colleagues on the House floor in his first public appearance since the shooting,” his office said in a statement. Scalise has been recovering for more than three months after sustaining gunshot wounds during the attack in Alexandria, Virginia, on June 14. “I’m back,” Scalise tweeted this morning, Read More

               

Playboy founder Hugh Hefner dies at age 91

(Reuters) – Playboy founder Hugh Hefner, who helped usher in the 1960s sexual revolution with his groundbreaking men’s magazine and built a business empire around his libertine lifestyle, died on Wednesday at the age of 91, Playboy Enterprises said. Hefner, once called the “prophet of pop hedonism” by Time magazine, peacefully passed away at his home, Playboy Enterprises said in a statement. Hefner was sometimes characterized as an oversexed Peter Pan as he kept a harem of young blondes that numbered as many as seven at his legendary Playboy Mansion. Read More

               

Mexico quake leaves country’s historic churches battered  

The Our Lady of Angels Church has survived several major earthquakes. But Tuesday’s magnitude 7.1 shake appeared to be the death knell for the Mexico City church’s historic cupola. Violent cracks crisscross the dome, and stone from the roof continues to fall onto the church’s wooden pews. Engineers believe the cupola probably will at some point collapse. The Archdiocese of Mexico says more than 150 churches in this deeply Catholic country were damaged during the deadly quake. Many of the battered buildings are in the state of Puebla, where the Read More  

               

Protesters fill St. Louis streets after ex-cop acquitted of murdering black man

ST. LOUIS (Reuters) – Hundreds of protesters poured into St. Louis streets on Friday, and some briefly scuffled with police, after a Missouri judge acquitted a former white police officer of murder in the 2011 fatal shooting of a black man suspected of dealing drugs. With National Guard troops placed on standby, authorities urged demonstrators to remain peaceful as they protested the outcome of a case reminiscent of circumstances that spawned racially charged unrest in the nearby suburb of Ferguson and gave rise to the Black Lives Matter movement in Read More

               

US stocks jump after report of stronger consumer spending

U.S. stocks rose again Thursday as investors were pleased with a report that showed spending by U.S. consumers grew in July, along with wages and salaries. Health care and technology companies lead the way and the Nasdaq composite closed at a record high. The Commerce Department said consumer spending grew at its fastest pace in three months. Companies that sell everything from cosmetics to toys to shoes advanced as investors bet Americans would shop more. Biotech drug companies, drug distributors, and scientific equipment companies made some of the biggest gains Read More