The Donald's Fundraising Disaster

Fed Chair Faces Grilling On The Hill Federal Reserve Chairwoman Janet Yellen will appear before Congress Tuesday and Wednesday for a semi-annual testimony during which she is expected to offer fresh insights into the recent shift in her economic outlook. Last week, amid worries about slowing U.S. jobs growth, Yellen and other Fed officials indicated that there might be just one rate hike this year, further fanning uncertainties about when and how the central bank would act. Sponsored by: EVERYTHING YOU NEED TO KNOW, RIGHT NOW. #IBTPulse --------------------------------------------------------------- Trump’s Fundraising Flops Donald Trump’s campaign balance sheet is looking grim. It raised only $3.1 million in May, and ended the month with only $1.3 million in the bank, raising concerns among Republicans about his ability to mount a serious challenge to Hillary Clinton. In the same month, the super PAC putting its weight behind Clinton raised $12.1 million, and has almost $52 million in the bank. Fed Chair Faces Grilling On The Hill Federal Reserve Chairwoman Janet Yellen will appear before Congress Tuesday and Wednesday for a semi-annual testimony during which she is expected to offer fresh insights into the recent shift in her economic outlook. Last week, amid worries about slowing U.S. jobs growth, Yellen and other Fed officials indicated that there might be just one rate hike this year, further fanning uncertainties about when and how the central bank would act. FAA To Announce New Drone Rules The Federal Aviation Administration will announce its first rules permitting businesses to fly drones for limited purposes as early as Tuesday. The new regulations will allow drones weighing roughly 50 pounds to fly at low altitudes, only in daylight and within sight of their operators. The move is likely to spark further demands for easing restrictions on unmanned aircraft. What Does Brexit Mean For America’s Wallet? U.S. exports to Britain totaled $53.9 billion in 2014 and many American businesses that profit from exporting there, like Brooklyn Brewery, are nervously watching Thursday’s vote in the U.K. on whether to leave the EU. HERE'S WHAT YOU MISSED LAST NIGHT. Revealed: Connecticut Offered Cigna Merger Help Connecticut Gov. Dannel Malloy’s administration offered to help Cigna as the insurance giant negotiated a controversial merger — one that state officials are supposed to impartially review. The administration’s offer of assistance was disclosed in emails obtained by IBT through an open records request. The revelation comes after lawmakers voted to launch an ethics probe into Malloy’s insurance regulator, as a result of an IBT investigation. Meet The Hacker Who Turned ISIS Pink In the aftermath of the Orlando nightclub massacre, the Islamic State group’s online presence was suddenly flooded with rainbow flags, messages of support for the LGBT community and even gay porn. This was the work of a single hacker, known as Wauchula Ghost, who has been waging an online war from his U.S. home against ISIS. Our reporter got a dispatch from the front lines. Odds Are The UK Will Stay While opinion polls put the Brexit race as too close to call, the bookmaker’s odds tell a different story: they show that the appeal of leaving the EU has fallen substantially in the last few days. The murder of lawmaker Jo Cox has seen odds of a Brexit fall from 40 percent to 27 percent, as widespread disgust at her alleged killer is seeming to tilt the field. Could it prove decisive? Homeless, High And Needing Help As Colorado homeless shelters fill with migrants, coming to the state for its liberal pot laws, shelter managers are calling for some of the $135 million generated by marijuana sales in the state last year to be devoted to homeless services. This is the concluding part of our series on the plight of marijuana migrants. AND THEN THERE'S THIS... Viacom CEO’s Exit May Be Worth Two 'Zoolander' Sequels Regardless of how the power struggle currently underway at Viacom plays out, one thing is for certain: CEO Philippe Dauman will get paid — a lot. In A Summer Of Bad Sequels, Disney Found A Hook Disney’s “Finding Dory” has proved fears of a summer box-office slump unfounded, securing the biggest-ever opening weekend for an animated film in the U.S. The movie’s success may be the result of more than just canny marketing, however, as other studios are stumbling with unpopular sequels this summer. 7 Hanover Square, 5th Floor, New York, NY 10004 © 2015 IBT Media Inc. All Rights Reserved. Please add pulse@ibt-mail.com to your contacts [Unsubscribe] | Privacy Policy