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Senior stock market & economy writer, @CNNMoney Email: heather.long@cnn.com

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Heather Long
byHeatherLong
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to be fair wapo called this on our saturday front page
To be fair, WaPo called this on our Saturday front page!
Heather Long
byHeatherLong
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what a career rip alice rivlin 1st cbo director vice chair of the fed i believe 1st female vice chair omb dire
What a career... RIP Alice Rivlin

-1st CBO director
-Vice Chair of the Fed (I believe 1st female vice chair?)
-OMB director for Clinton (helping get nation to a budget surplus!)
-Econ PhD in 1958
-Scholar respected across aisle

Heather Long
byHeatherLong
this is the best argument i ve seen in favor of trump s trade tariff war yes the trade war is hurting american
This is the best argument I've seen in favor of Trump's trade/tariff war.

Yes the trade war is hurting American consumers. But China is losing more, argues @tylercowen in a Bloomberg op-ed

#trade
Heather Long
byHeatherLong
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wall street sent a message to trump stop the tariffs wars but trump kept up his mantra that his tactics are wo
Wall Street sent a message to Trump: Stop the tariffs wars.
But Trump kept up his mantra that his tactics are working and mainly hurting the Chinese.

Dow -617 -2.38% (Worst since Jan 3)
S&P 500 -2.41% (Worst since Jan 3)
Nasdaq -3.41% (Worst day of 2019)
Heather Long
byHeatherLong
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you think us china situation is ugly trump is supposed to make a decision on auto tariffs by saturday the chat
You think US-China situation is ugly? Trump is supposed to make a decision on auto tariffs by Saturday...

The chatter in DC is that Trump will delay a decision. But any hint he wants to do it will cause market/biz mayhem #trade
Heather Long
byHeatherLong
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this is the scenario i hear most often companies have been eating the cost but they cant do it forever and the
@gotgsp This @_cgpi @SteveVarners @sdonnan the scenario I hear most often... companies have been eating the cost but they can’t do it forever (and they are often losing out to European competitors)
Heather Long
byHeatherLong
this is neat san francisco fed president mary daly dropped out of high school a mentor changed her life and en
This is neat: San Francisco Fed President Mary Daly dropped out of high school. A mentor changed her life and encouraged her to get a GED and go to college. She ended up getting a PhD in economics.

Yesterday, she gave @SyracuseU commencement speech
Heather Long
byHeatherLong
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us stocks are down 2 this morning alone perspective us stocks were down 2 for all of last week wall street is
US stocks are down 2% this morning alone.

Perspective: US stocks were down 2% for ALL OF LAST WEEK. Wall Street is finally realizing this trade war unlikely to end soon.

via @ttelford1883 @gerryshih #trade
Heather Long
byHeatherLong
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banning immigrants languages can backfire just ask ohio and indiana in the wwi era these 2 states banned any s
Banning immigrants’ languages can backfire. Just ask Ohio and Indiana.

In the WWI era, these 2 states banned any speaking of German in schools. Instead of fostering more patriotism, it triggered less assimilation. Great read from @andrewvandam
Heather Long
byHeatherLong
happy friday just made it official that trump has begun the process of put tariffs on all remaining chinese im
Happy Friday!
@USTradeRep just made it official that Trump has begun the process of put tariffs on ALL remaining Chinese imports.

"The process for public notice and comment will be published shortly in the Federal Register. Details will be on USTR website on Monday" #trade

The Most Relevant

Heather Long
byHeatherLong
jonathan smith 30 saved 30 people last night before he was shot in the neck he might live w the bullet for res
Jonathan Smith, 30, saved ~30 people last night before he was shot in the neck. He might live w/the bullet for rest of his life. #vegasstrip
Heather Long
byHeatherLong
aarp comes out against the tax bill they are deeply concerned this bill won t leave us with enough for medicar
AARP comes out against the tax bill. They are "deeply concerned" this bill won't leave US with enough $$ for Medicare and Medicaid. They also say the bill will "likely increase taxes" for many older Americans. #TaxBill
Heather Long
byHeatherLong
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andthat s a wrap brazilian president bolsonaro spoke for less than 15 minutes big fail he had the entire world
And...that's a wrap. Brazilian President Bolsonaro spoke for less than 15 minutes. Big fail. He had the entire world watching and his best line was to tell people to come vacation in Brazil.

Bolsonaro is billed as "South American Trump" but he appeared tepid.
#Davos #WEF19
Heather Long
byHeatherLong
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the 1st layoffs from trump s tariffs are here mid continent nail laid off 60 employees june 15th amp expects t
The 1st layoffs from Trump's tariffs are here.

-Mid-Continent Nail laid off 60 employees June 15th & expects to lay off 200 more in coming days.
-Harley-Davidson just announced it will move production (and likely jobs) offshore b/c of tariffs

Heather Long
byHeatherLong
breaking a record 7 million americans are 90 days behind on their auto loan payments a red flag for the econom
BREAKING: A record 7 million Americans are 90 days+ behind on their auto loan payments, a red flag for the economy, reports.

It's a million more people behind than during the financial crisis era. Many are under 30 years old.
#economy
Heather Long
byHeatherLong
hillsdale college endowment 528 million hillsdale college enrollment 1500 endowment per student over 350000 ea
Hillsdale College endowment: $528 million
Hillsdale College enrollment: ~1,500
Endowment per student = over $350,000 each
Does Senator Pat Toomey really think this college needs a special tax break?
Heather Long
byHeatherLong
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wow several current and former trump administration appointees inc rick perry promoted sales of nuclear power
Wow.

Several current and former Trump administration appointees (inc. Rick Perry) promoted sales of nuclear power plants to Saudi Arabia despite repeated objections from H.R. McMaster and other Nat'l Security Council Members.

Heather Long
byHeatherLong
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what makes s perfect 10 this weekend even more inspiring is that she almost quit the sport a few years ago b c
What makes 's "perfect 10" this weekend even more inspiring is that she almost quit the sport a few years ago b/c she was so burned out from Olympic training.

Today her joy is back.
She took care of herself and found her passion again.

Heather Long
byHeatherLong
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a big takeaway of 2018 there are still americans left behind even in a strong economy 40 don t have 400 in sav
A big takeaway of 2018 = There are still Americans left behind, even in a 'strong economy'

-40% don't have $400 in savings for an emergency
-45% still rate the economy as 'poor' or 'only fair'
-4.8 million stuck in part-time jobs
-129 suicides/day

Heather Long
byHeatherLong
just in the house has to vote on the tax bill again why dems challenged 3 parts of bill on the byrd rule and t
Just In: the House has to vote on the tax bill AGAIN.
Why? Dems challenged 3 parts of bill on the Byrd Rule and they won.
The 3 issues are:
1. Using 529 plans for homeschooling expenses
2. The title of the bill
3. Part of criteria used for uni endowment tax
Total(1) => 0.52838802337646 f_f_QM(2) => 0.039986133575439 indS(1) => 0.020478010177612 indM(1) => 0.018420934677124 indM_1(1) => 0.002284049987793 indM_2(1) => 0.00046205520629883 indM_4(1) => 0.00079107284545898 indM_5(1) => 0.0021059513092041 indM_6(1) => 0.0017130374908447 indM_7(1) => 0.00062799453735352 indM_8(1) => 0.0017578601837158 indM_9(1) => 0.0044708251953125 indM_10(1) => 0.0040700435638428 f_f_pTL(2) => 0.48662114143372 f_f_dT(20) => 0.48638343811035