Donald Trump Jr. admits he doesn’t understand basic accounting but signed off on dad’s finances anyway

Then-president-elect Donald Trump, left, his now-former chief financial officer, Allen Weisselberg, center, and his son Donald Trump Jr., right, attend a news conference at Trump Tower in New York, on Jan. 11, 2017. Evan Vucci/AP Donald Trump Jr. told New York probers he doesn’t understand basic accounting, a new filing says. He claimed ignorance when…

How a tank the Soviets tried to keep secret became an icon of Ukraine’s resistance against Russia

T-64 tanks in Ukraine’s Independence Day military parade in Kyiv on August 24, 2016. REUTERS/Gleb Garanich The Soviet-designed T-64 tank, built in Ukraine in the 1960s, had a number of new technologies. The Soviets worked to keep the T-64 and its innovations secret during the Cold War. Since then, Ukrainians have made upgrades to the…

The risks of a prolonged period of inflation and a global economic downturn are rising, and stocks could fall another 14% by mid-2023, S&P Global says

MJgraphics / Shutterstock The risks of prolonged inflation and a global recession are growing, according to S&P Global in a note. S&P predicted stocks could plunge as much as 14.5% by mid-next year as inflation remains sticky. “Monetary tightening beyond current expectations could lead to a deeper-than expected recession.” The risks of a longer period…

Four Impediments to CX Excellence

Customers’ expectations around experience are changing. 94% US consumers ages 18 and older surveyed in May 2020 by Qualtrics’ XM Institute described themselves as very likely to make more purchases from companies across all industries that provided “very good” customer experience (CX). As critical as CX is, it wouldn’t offer competitive advantages if every brand…

The stock market is poised for a ‘significant relief rally’ after the S&P 500 tests key 3,500 support level, Katie Stockton says

Lucas Jackson/Reuters The stock market is poised for a “significant relief rally” after it tested a key support level on Thursday, according to Fairlead Strategies’ Katie Stockton.The S&P 500 fell more than 2% Thursday morning after a higher-than-expected CPI report, but has since recovered all of those losses and then some.“Seasonal influences are positive in…

The small-budget horror film ‘Smile’ is dominating the box office — a sign that the horror genre is exactly what movie theaters need

“Smile.” Paramount The horror movie “Smile” has grossed over $100 million at the global box office. It cost just $17 million to make. Horror is a reliable genre in theaters, especially at a time when the industry is facing a lack of movies. “Smile,” a new low-budget horror movie from Paramount, has topped the US…

Biden’s comment that his son Beau ‘lost his life in Iraq’ caught attention. Here’s why he would say that.

President Joe Biden gives a speech before designating Camp Hale as a national monument on October 12, 2022 in Red Cliff, Colorado. Camp Hale, a World War II training ground for the 10th Mountain Division, is the first national monument that Biden has designated during his term as president. Michael Ciaglo/Getty Images Some publications have…