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NBC Nightly News with Lester Holt @NBCNightlyNews
, 3 tweets, 1 min read Read on Twitter
JUST IN: U.S. economy surges to 4.1% growth rate in 2nd quarter; strongest since 3rd quarter of 2014 and 3rd-best growth rate since the Great Recession - @CNBC
After announcement on strong GDP growth, White House says President Trump will make an unscheduled statement on the economy around 9:30 a.m. ET.
NEW: U.S. economy grew by an annual rate of 4.1% in the second quarter, marking the fastest pace since 2014. nbcnews.to/2LFse2Z
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BREAKING: Prosecutors: AMI, National Enquirer's parent company, admitted it made $150,000 Cohen payment “in concert” with “a candidate’s presidential campaign” in order to “ensure that the woman did not publicize damaging allegations about the candidate before" 2016 election.
Prosecutors also say they had reached a non-prosecution agreement with AMI, in connection with its role in making the payment, and AMI admitted “its principal purpose in making the payment was to suppress the woman’s story so as to prevent it from influencing the election.”
The company that publishes the National Enquirer admitted that it paid $150,000 hush money to silence alleged mistresses of then-presidential candidate Donald Trump prior to the 2016 election, prosecutors said Wednesday. nbcnews.to/2QpUSZ8
Read 3 tweets
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Former President Obama: "You need to vote because our democracy depends on it."
Former President Obama on President Trump:

"He is a symptom, not the cause. He's just capitalizing on resentments that politicians have been fanning for years."
Former President Obama: "What happened to the Republican party? ... In a healthy democracy, there's some checks and balances on this kind of behavior, this kind of inconsistency. But right now there's nothing."
Read 8 tweets
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BREAKING: #CarrFire in northern Calif. has jumped the Sacramento River and evacuations are in place the Redding area. nbcnews.to/2LBOzi1 - @ActionNewsNow
@ActionNewsNow #CarrFire evacuation center information update from Cal Fire.
@ActionNewsNow Caltrans District 2: SR 299W westbound closure has been moved back to Court Street; all ramps from I-5 to SR 44W (SB & NB) are being closed into downtown Redding due to #CarrFire.
Read 7 tweets

Related threads

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THREAD: Reasons not to panic about the sharemarket.

This may not be a popular topic but it’s important. With the sharemarket in free fall we’re all worried about what this means.
Let’s put politics aside and examine where we’re at.

I’ll put sources at the bottom so as not to interrupt the flow.
I’m not an economist, however I’ve worked in the financial services industry as a writer for many years and have qualifications in *general* financial advice. This means I cannot provide personalised advice but I can state general principles of investing.
Read 16 tweets
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Best News On Climate Change

N.Y. Times 2-column lead, "U.S. CLIMATE STUDY HAS GRIM WARNING OF ECONOMIC RISKS: Reduction of Up to 10 Percent in GDP."

That is 10% reduction by end of the century. At 3% annual GDP growth, GDP will grow by more than 700% in the same time frame.
It seems President Trump may be the only sane person in government. See above tweet. There's nothing in the U.S. climate study which warrants the adjectives "dire" and "grim." It's unhinged alarmism designed to spook the ignorant.
1. Fourth National Climate Change Assessment: Case For Optimism
Ignore all the misleading headlines on the above government report and actually try to read it if you have the time. It actually is quite un-alarming. I am surprised at how much good news it packs, between the lines.
Read 22 tweets
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Trump: Day 633
-Lies About Offering $1M Donation
-Sz "Rogue Killers" 2 Blame 4 Death
-Mnuchin 2 Attend Saudi Conference
-US Deficit jumped to $779B in 2018
-Recvd $150k From FL Club Member
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Add...
Day 738 since Donald Trump admitted to sexual assault — yet he’s still in the Oval Office
Add...
Day 589 of NO EVIDENCE produced by Trump that his phones were tapped by Obama.

The FISA warrant Trump referenced targeted Carter Page. #TrumpLies
Read 57 tweets
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Important to understand prior to next.
FISA Title I Summary & Memo Key Points
intelligence.house.gov/uploadedfiles/…
intelligence.house.gov/uploadedfiles/…
QAnon
intelligence.house.gov/uploadedfiles/…
Read 29 tweets
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JUST IN: U.S. economy surges to 4.1% growth rate in 2nd quarter; strongest since 3rd quarter of 2014 and 3rd-best growth rate since the Great Recession - @CNBC
@CNBC After announcement on strong GDP growth, White House says President Trump will make an unscheduled statement on the economy around 9:30 a.m. ET.
@CNBC 4%+ growth is a great thing on its own.

No need to exaggerate its place in history. Here's context:
Read 3 tweets
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#THREAD: We’ve said this before but for the life of us we can’t figure out why #Trump won’t give up this #TradeWar. The May jobs report was incredible and the #economy is booming. Now he’s threatening to torpedo all this work to get the economy humming because he’s pissed off
The smart political thing for #Trump and his #GOP allies facing re-election to do would be to run out the clock on this booming #economy all throughout the #Midterms2018 season and campaign hard on his anti-regulation, tax cutting economic policy and spike the football
In a survey conducted last fall, the Chicago Council on Public Affairs found that 72% of Americans thought trade is good for the U.S. economy, 78% thought it benefits consumers like themselves, and 57% thought it helps create jobs in the United States
Read 7 tweets

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