FROM Geoffrey Manne
It's Amazon's world, we're just living in it Retail in America is undergoing a revolution. As consumers turn to e-commerce to buy everything from diapers to appliances, big box stores are becoming obsolete. Macy's, JC Penney and RadioShack are cutting thousands of retail jobs across the country. That's good news for Amazon, and other online retailers, but bad news for brick-and-mortar stores and shopping malls that are slowly vanishing from America's landscape. Cashiers and salespeople outnumber the manufacturing and coal workers we hear so much about. How will traditional retailers - and the thousands who work for them - stay alive in the time of Amazon?
White House budget proposal slashes and burns President Trump's first budget request is considered dead on arrival in Congress — a familiar development in Capitol Hill. We hear what it reveals about the priorities of the new administration. What's likely to die… and what might survive?
Trump's 'America First' goes missing abroad In the Middle East, President Trump is changing some policies of the Obama Administration—and reversing his own campaign attacks on Islam as a religion that "hates us." We hear about his visit to Saudi Arabia and what's at stake for the rest of his foreign excursion.
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.