Want to receive this briefing in your inbox every morning? Sign up here.

Trump warns TV networks after nuke report

President Donald Trump on Wednesday questioned whether US news broadcasters should have their licenses revoked, after an unflattering story about his nuclear policy which he decried as “fake.”

Trump made the implied threat after taking to Twitter to angrily deny reports that he had asked to dramatically increase in America’s nuclear stockpile, calling it “made up.”

© AFP Mandel NGAN 

© AFP Mandel NGAN

Weinstein allegations swell as film industry faces scrutiny

The avalanche of assault accusations against Harvey Weinstein broadened Wednesday as more actresses came forward with explosive charges against the movie mogul, whose lurid behavior has opened a Pandora’s Box of Hollywood harassment and hypocrisy.

The new claims landed as the Academy of Motion Picture Arts and Sciences as well as the Cannes film festival organization declared the abusive behavior repugnant, but also as film figures warned that such actions have gone virtually unchecked in an industry that for years has seen itself in a progressive light.

© AFP Yann COATSALIOU

© AFP Yann COATSALIOU

‘Many’ Fed members favor December rate hike: minutes

US central bankers are sharply divided over whether to increase interest rates again this year amid persistently weak inflation, but many still favor a hike, meeting minutes released Wednesday showed.

The Federal Open Committee, the Fed panel which sets US monetary policy, has twice raised rates so far in 2017 despite the fact that inflation has remained tame in the face of steady job creation and falling unemployment.

© AFP 

© AFP