Wall Street is fixated on the yield curve — but one market bear warns a more ominous threat is set to tip the economy into the ‘ice age’

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The administration is the first to allow lawsuits under a 23-year old law.

The Trump administration is moving to allow lawsuits in U.S. courts against any company or entity doing business in Cuba using property seized in the 1959 revolution, Secretary of State Mike Pompeo announced Wednesday. The move is meant to choke off foreign investment in Cuba as the administration seeks to tighten economic pressure on the government there in a repeal of President Barack Obama’s opening to Cuba and an effort to punish Cuba for its support of President Nicolas Maduro in Venezuela . “Sadly, Cuba’s most prominent export these days is not cigars or rum, it’s oppression. Detente with the regime has failed. Cozying up to Cuban dictators will always be a black mark on this great nation’s long record of defending human rights,” Pompeo said in a clear swipe at the Obama administration. Lawsuits can begin starting May 2. The lawsuits were originally authorized under a 1996 law known as Cuban Liberty and Democratic Solidarity Act, but Presidents Bill Clinton, George W. Bus...
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Kyrie Irving Rumors: ‘Low’ Chance Star Returns to Celtics; Knicks Not Ruled out

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Mary Altaffer/Associated Press It’s unclear what team star point guard Kyrie Irving will choose in free agency, but it looks increasingly unlikely to be the Boston Celtics .  According to Ian Begley of SNY, “in recent days,  people around Irving have described the probability of him returning to Boston as a free agent as low. Those around Irving also said recently that he hasn’t ruled out teams—including the New York Knicks —as possible destinations for him this summer, per SNY sources.” That follows a report from Stephen A. Smith on Tuesday’s  First Take  that Irving was leaning toward committing to the Brooklyn Nets : First Take @FirstTake Things @stephenasmith is hearing: -Kyrie is planning on committing to the Nets -If the Warriors win the Finals, KD will leave https://t.co/jcurgMsPMS And there’s always the possibility that Irving will consider a reunion with LeBron James on the Los Angeles Lakers : Herd w/Colin Cowherd @TheHerd “It’s betwe...
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It’s a day of tribute to the Paris firefighters who saved Notre Dame Cathedral from collapse and rescued its treasures from encroaching flames

France is paying a daylong tribute Thursday to the Paris firefighters who saved the internationally revered Notre Dame Cathedral from collapse and rescued its treasures from encroaching flames. French President Emmanuel Macron will host the firefighters for a special gathering to share words of thanks, according to his office. Top government ministers will also take part in the event at the presidential palace in Paris. Later, Paris City Hall will hold a ceremony in the firefighters honor, with a Bach violin concert, two giant banners strung from the monumental city headquarters and readings from Victor Hugos The Hunchback of Notre Dame. More than 400 firefighters took part in the nine-hour battle to save the 12th-century Notre Dame on Monday evening. Its spire collapsed and roof was destroyed, but its iconic towers, rose windows, famed organ and precious artworks were saved. Remarkably, no one was killed in the fire, which occurred during a Mass, after firefighters and church off...
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