Good Saturday morning ...
Good Saturday morning ...
Optimism, markets, jobs rise .... A sentence to savor in a Washington Post front-pager on what full employment looks like: "A decade after the worst economic downturn since the Great Depression, the United States suddenly finds itself at a place where almost everyone who wants a job can find one."
It depends where you live, and what your skills are. But a huge slice of America is enjoying the combination of bullish expectations based on the tax cut, and a stock market that keep pushing further into record territory:
This is big: I hadn't seen this before ... The tax cut may lower utility rates:
Other bullish headlines this morning:
But, but, but: "Wells to close 900 branches despite $3.4bn tax boost." (Financial Times)
Be smart: Vast swaths of America aren't enjoying this bounty. (Some Sam's Club employees showed up for work this week and found their stores locked — among the 63 locations, or 10% of stores, that owner Walmart is closing.) That will keep incubating the discontent that burst out of Trump Country in November 2016.
P.S. Warning sign to D.C. economy in this week's announcement that Discovery Communications will move its HQ from Silver Spring, Md., to New York, per the lead story of tomorrow's WashPost Business section:
Four of the top six headlines on the N.Y. Times mobile site this morning:
Shot: The five-column (out of six) lead of the print WashPost: "Global outrage over Trump comments persists."
Chaser ... Financial Times front page: "Trump unapologetic in face of storm over alleges 'vile and racist' comments." (Subscription)
Digesting Facebook's move to emphasize meaningful connections over time spent ("less public content like posts from businesses, brands, and media"):
Madame Tussauds put a wax figure of President Trump outside the new U.S. Embassy in Nine Elms in London yesterday, after he said he wouldn't cut the ribbon because he doesn't like the location of the billion-dollar building.
Statement by Dr. Ronny Jackson, White House physician:
"Iran said [today] it would retaliate against new sanctions imposed by the United States after President Donald Trump set an ultimatum to fix 'disastrous flaws' in a deal curbing Tehran’s nuclear program," per Reuters.
Nearly $300,000 in taxpayer funds has been spent to settle 13 claims against members of Congress or their offices since 2003 that include sexual harassment or sex discrimination, according to statistics released by a House Committee on Administration. No names were provided. (AP)
Katie Couric, 61, in a PEOPLE exclusive, is breaks her silence about the firing of Matt Lauer, her co-host on "Today" for 15 years:
What's next: Couric said that one of the episodes of her upcoming six-part documentary Nat Geo series — Gender Revolution: A Journey with Katie Couric— will focus on harassment women have experienced in their workplaces, "in Hollywood, Silicon Valley and beyond."
A torch-bearing drone carries the Olympic flame through central Seoul today, en route Pyeongchang. (AFP/Getty Images)
The Pyeongchang Winter Games in South Korea start Feb. 9 (27 days from now) and runs through Feb. 25:
"Hollywood places big bets on spring as the new launching point for blockbuster titles," by L.A. Times' Josh Rottenberg:
Thank you for reading. See you all weekend in the Axios stream ...