Consumers in China are taking to social media to express their support for Huawei as the U.S. government looks to ramp up pressure on the Chinese smartphone maker.Technologyread more
U.S. President Donald Trump's latest tariff increase — and Beijing's plans to counter them — are hitting U.S. companies in China, according to a joint survey this month by...China Economyread more
"We are also constantly watching whether the trade war will turn into a tech war," Ma said Tuesday, according to a CNBC translation of his Chinese remarks published by a locak...China Economyread more
TransferWise, the money transfer start-up, was valued at $3.5 billion after investors bought $292 million of shares in a secondary sale.Technologyread more
Kohl's, J.C. Penney and Nordstrom release disappointing earnings news, putting a damper on their sector.Retailread more
Bezos's comments give a rare glimpse into his interest in the auto industry. Amazon recently invested in two self-driving start-ups.Technologyread more
While investing often seems like a contrarian game where going against the flow feels like the better bet, the reality is that investors who bought the most-favored stocks...Hedge Fundsread more
The economist thinks the Fed ought to pay more attention to financial markets when setting interest rates.The Fedread more
U.S. Trade Representative Robert Lighthizer will meet with officials from the European Union and Japan at the ministerial meeting of the Organization for Economic Co-operation...World Economyread more
Talks between the world's two largest economies have stalled after each nation lobbied higher tariffs on the other's imports.Traderead more
"Pretty much the entire suite of apps that 'talk' over the internet could be vulnerable," said Tom Uren, a senior analyst at the Australian Strategic Policy Institute's...Cybersecurityread more
First Read is a morning briefing from Meet the Press and the NBC Political Unit on the day's most important political stories and why they matter
Just 10 weeks on the job, President Trump's approval rating is stuck in the 30s and 40s. His health-care effort failed. The travel ban is tied up in courts. Congress and the FBI are investigating his campaign's possible links to Russia. He's calling out fellow Republicans for failing to help him on health care. His White House tried to cover up (for a while at least) his aides providing information to House Intelligence Chairman Devin Nunes. And now his ousted national security adviser says he'll cooperate with the FBI and Congress in exchange for immunity.
More from NBC News:
NATO summit will likely have tough questions for Tillerson: Experts
Xi-Trump summit: China announces date of key meeting with U.S. president
Brexit Britain faces stagflation, company defections to Europe: Analysts
Any one of these stories would ensnare a presidency in a crisis. But you add up these seven storylines above — we're sure we're leaving others out — and it's unsustainable. Conservative commentators are already hitting the panic button. "Crisis reveals the character, the essential nature of a White House. Seventy days in, that is my worry," Peggy Noonan writes in the Wall Street Journal. Adds former George W. Bush speechwriter Michael Gerson: "This is a pretty bad combination: empty, easily distracted, vindictive, shallow, impatient, incompetent and morally small. This is not the profile of a governing party." This is a presidency on the brink of a free-fall, and it has to start repairing the damage on all of these fronts — popularity, the agenda, congressional relations, Russia, Flynn.
In the waning days of the 2016 presidential election, one of the central arguments that Trump made against Hillary Clinton was that scandal and controversy would always follow her, especially if she became president. "Hillary Clinton is the most corrupt person ever to seek the office of the presidency of the United States," he said while campaigning in Michigan on Nov. 6. "The investigations into her crimes will go on for a long, long time. The rank and file special agents at the FBI won't let her get away with her terrible crimes." But now beginning the 11th week of his presidency, scandal and controversy — both small and potentially big — have enveloped the Trump White House. A timeline:
It's important to point out that when someone seeks immunity, that isn't a smoking gun that the person committed a wrongdoing. But these words that Flynn said on "Meet the Press" back on Sept. 25, 2016 are going to haunt him and Team Trump: "When you are given immunity, that means you've probably committed a crime."
Two administration officials confirmed to NBC's Kristen Welker Ali Vitali yesterday that Deputy Chief of Staff Katie Walsh has departed the White House to work for pro-Trump groups outside the administration. "Katie Walsh has accepted a position with an outside organization," a senior administration official said. "She has been a tremendous asset to the president and we are confident she will be so in her new role as well." But a deputy chief of staff leaving after 70 days on the job is VERY suspicious, and it's a huge blow to Chief of Staff Reince Priebus, since Walsh has long been an ally/associate of his.
This is a striking comment from Senate Minority Leader Chuck Schumer - he says he disagreed with Harry Reid's effort to change the Senate rules to get Barack Obama's judges through the Senate in 2013-2014. "We made one mistake, we shouldn't have changed the rules for lower court judges ... but we never did it for Supreme Court. This is a much bigger mistake on their behalf," Schumer told the AP.
And on "Meet" this weekend, NBC's Chuck Todd will interview Schumer and Senate Majority Leader Mitch McConnell.