Income rise weakens Trump case for radical reform

September 13, 2016

U.S. census data showed household income jumped in 2015 while poverty dropped, the first sign of recovery in the metric to show up since 2007. Evidence that Obama's programs are working will help Hillary Clinton's pitch for incremental change against Trump's radical economic populism.

Drugmakers get their $2.3 bln worth in Washington

September 1, 2016

U.S. lawmakers are prodding Mylan about EpiPen in the latest probe into rising prescription prices. Dozens of legislative proposals to rein them in have stalled over the last decade. No industry spends more than pharma lobbying Congress. The investment now faces its biggest test.

Hillary Clinton slips through Trump tax loophole

August 12, 2016

The Democratic nominee revealed that she paid a 34 pct tax rate last year. Over $10 mln of income also cements her in the 1 pct with inequality an election focus. Trump's refusal to release his own returns makes Clinton's wealth and its origins harder for Republicans to assail.

Cox: Trump’s taxes underscore bizarre campaign

By Rob Cox
August 2, 2016

The GOP candidate is being goaded reality-TV style by Warren Buffett and Mark Cuban to disclose his IRS returns. At stake isn't just whether he paid enough as with Mitt Romney. Rather, Trump's billionaire bona fides are in question despite an election pegged on income inequality.

Trump Inc rapidly turning from virtue to vice

July 28, 2016

Real-estate success helped him win the GOP nomination, but there's growing scrutiny of his record. Fellow New York mogul Mike Bloomberg led the charge at the Democratic convention. Trump's long trail of slippery business dealings will make his policy proposals harder to stand up.

Cox: Banking ghosts haunt Clinton in Philadelphia

By Rob Cox
July 28, 2016

Long before Donald Trump upended politics by excoriating the establishment, Andrew Jackson attacked a pillar of the City of Brotherly Love: the Second Bank. It got him re-elected and firmly established the Democratic Party, whose candidate is now threatened by a similar campaign.

Bloomberg gives Clinton big wet Wall Street kiss

By Rob Cox
July 25, 2016

The former Republican New York mayor, who considered an independent run for president, will endorse the Democratic nominee at the party's convention this week. Bloomberg's backing will play like an endorsement from the financial-industry plutocracy. Clinton could do without that.

Clinton and Kaine become globalization’s defenders

July 23, 2016

The Democratic presidential candidate selected Virginia Senator Tim Kaine as her running mate. The former governor is a moderate who backed trade deals in the past. Their first task will be to win over liberals who supported Bernie Sanders and are being courted by Donald Trump.

from Viewsroom:

Viewsroom: Republican convention, Tesla, banks

July 22, 2016

The confab to anoint Donald Trump the GOP presidential candidate is full of controversy, but short on business support and cogent financial policy. Tesla boss Elon Musk unveils his master plan, to underwhelming response. And there are silver linings to recent ho-hum bank results.

Review: Trump foretold his own grander artifice

By Rob Cox
July 22, 2016

Despite recent misgivings by its ghostwriter, "Art of the Deal" is a useful volume to revisit as the Republican convention points to the November election. The blustery façade even in 1987 masked a dearth of substance. Potemkin showmanship was, and is, Trump's greatest skill.