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May 4, 2013

We have to concede that this stuff works, says Leigh Cherrier at the Daily NewsMelania Caviar Complexe C6 ($150), the new line of caviar-based skin products from Donald Trump's wife, Melania, "smells like exotic flowers" and, according to our tests, can make adult skin feel "as soft as, well, a baby's." The creams and serums cost up to $150 an ounce, but Melania claims that each day she covers her 7-year-old son with the moisturizer. We tried it on an 18-month-old toddler who not only loved the smell but the taste: Mid-treatment, "he grabbed the jar, shoved $50 worth into his mouth, and slurped it right up."
The Week Staff

2:38 p.m. ET
BRENDAN SMIALOWSKI/AFP/Getty Images

On Thursday, Donald Trump said that as president, he might seek to reduce the national debt by convincing creditors to accept less than a full payment. "I would borrow, knowing that if the economy crashed, you could make a deal," Trump said, in comments that the The New York Times claimed "have no modern precedent" coming from the mouth of a major presidential candidate. "If the economy was good, it was good. So, therefore, you can't lose," Trump continued.

Experts have dismissed the idea that creditors would accept anything less than 100 cents on the dollar, no matter how good a businessman Trump might be. In fact, it might be because he's a businessman that Trump thinks the scheme could actually work:

Repurchasing debt is a fairly common tactic in the corporate world, but it only works if the debt is trading at a discount. If creditors think they are going to get 80 cents for every dollar they are owed, they may be overjoyed to get 90 cents. Mr. Trump's companies had sometimes been able to retire debt at a discount because creditors feared they might default.

But Mr. Trump's statement might show the limits of translating his business acumen into the world of government finance. The United States simply cannot pursue a similar strategy. The government runs an annual deficit, so it must borrow to retire existing debt. Any measures that would reduce the value of the existing debt, making it cheaper to repurchase, would increase the cost of issuing new debt. Such a threat also could undermine the stability of global financial markets. [The New York Times]

What's more, history shows that spooking investors away from taking a chance on relatively safe Treasury securities ends up costing taxpayers an arm and a leg. Read more about Trump's unprecedented plan — and what economists have said against it — in The New York Times. Jeva Lange

2:36 p.m. ET
John Sommers II/Getty Images

Sen. Bernie Sanders (I-Vt.) penned a letter to Democratic National Committee Chairwoman Debbie Wasserman Schultz on Friday, accusing her of tipping the convention in Hillary Clinton's favor. Sanders says that out of the 45 names he submitted to serve on Democratic National Convention committees, Wasserman Schultz only appointed three, and filled the committees mostly with Clinton supporters:

I believe the composition of the standing committees must reflect the relative support that has been received by both campaigns. That was why I was so disappointed to learn that of the over 40 people our campaign submitted at your request, you chose to select only three of my recommendations for the three standing committees. Moreover, you did not assign even one of the people submitted by our campaign to the very important Rules Committee of the Democratic National Convention. [Bernie Sanders]

Sanders also wrote that if the issue was not resolved, he would have his delegates move to change the party platform and the convention rules. The DNC quickly responded, assuring Sanders that both candidates would be fairly represented at the July convention. "Because the Party’s platform is a statement of our values, the DNC is committed to an open, inclusive, and representative process," the DNC said in a statement. "Both of our campaigns will be represented on the Drafting Committee, and just as we did in 2008 and 2012, the public will have opportunities to participate." Becca Stanek

1:39 p.m. ET
FREDERIC J. BROWN/AFP/Getty Images

Many Latinos are offended by what they believe were Hillary Clinton's unsubtle attempts to win them over in East Los Angeles on Thursday, when the former secretary of state visited the historically Mexican-American neighborhood to host a Cinco de Mayo rally — and brought an eight-piece mariachi band with her.

Clinton's 13-minute speech on immigration was interrupted by six different protesters inside the building, Fusion reports; outside, more than 1,000 protesters tensely eyed dozens of police in riot gear and on horses. "We only matter when it's Cinco de Mayo," one protester's sign read.

Herbert Siguenza said he was at the protest because he "couldn't believe Clinton was in East L.A. on Cinco de Mayo. The Hispanic pandering is obvious." Another protester started yelling during Clinton's speech, holding up a sign with a quote from 2014, when Clinton said unaccompanied minors should not be allowed to stay in the States. Clinton has since reversed her stance to say minors would need legal representation to stay in the country.

"I was nervous, but then I saw the mariachis and it made me angrier. She was pandering," the protester, Jasmin Pacheco, told Fusion. Jeva Lange

12:40 p.m. ET
Win McNamee/Getty Images

Following the weakest job report in seven months, President Obama spoke to the press Friday about the economy and publicly called for Congress to raise the minimum wage.

"To reward some of the hardest working people in America, Congress should raise the minimum wage," Obama said, pointing out that by raising paychecks, people would also spend more and boost business.

Obama further asked Congress to "pass smart new trade agreements" to crack down on foreign competition as well as reform the tax code by closing wasteful loopholes. In addition for his call for action, Obama also explained the positives to the job report, which you can watch below. Jeva Lange

11:28 a.m. ET
ason Kempin/Getty Images for iHeartRadio / Turner

Justin Timberlake dropped his first single since 2013 at midnight Friday. Already an early contender for song of the summer, the pop star's aptly titled "Can't Stop the Feeling" is irresistibly upbeat. It was released with a first-look video, featuring stars Gwen Stefani, Anna Kendrick, and James Corden. Have a listen:

The stars and the song are set to appear in the upcoming DreamWorks animated feature Trolls, which hits theaters Nov. 4. Becca Stanek

11:22 a.m. ET
Jeff J Mitchell/Getty Images

Britain's Natural Environmental Research Council made a fateful mistake by allowing the internet to vote on a name for its new $287 million research vessel. On Friday, the Ministry officially vetoed the wishes of the 124,000 people who voted for the winning name, "Boaty McBoatface," and instead choose a more "suitable" name: "David Attenborough," a much duller option in honor of the famous naturalist.

But in an attempt to soften the blow, the Research Council announced they weren't scrapping the winning name entirely, The New York Times reports. "We're ensuring that the Boaty name lives on through the sub-sea vehicle that will support the research crew," Science Minister Jo Johnson said.

There is one glaring problem with that plan, however:

Bon voyage, Boaty. Jeva Lange

11:14 a.m. ET
Jeff Gross/Getty Images

Drake has been crushing on Rihanna since the two were first spotted together in a bowling alley seven years ago. Now, according to an anonymous source that spoke with People, Drizzy and RiRi are apparently "secretly dating" — and have been for months.

Of course, the couple is famously on-again off-again, so who can really keep track? We tried, using seven years' worth of Drake's lovesick lyrics. Jeva Lange

"Fireworks" (2010)
Who coulda predicted Lucky Strike would have you stuck with me?
What happened between us that night, it always seems to trouble me

"Lucky Strike Lanes & Lounge is a popular bowling alley/nightclub in New York — it is also the first place Drake and Rihanna were ever spotted together." [Genius]

"Made Men" (2011)
One of my baddest women ever, I call her Rihanna
But that's 'cause her name is Rihanna

"Remember, back in June Drizzy confessed that Rihanna left him high and dry after a brief fling. Well, since then they've collaborated on her No. 1 single 'What's My Name?,' and apparently everything's on the up and up." [Entertainment Weekly]

"No Lie" (2012)
Chances are it's what's her name
Chances are, if she was acting up
Then I f----d her once and never f----d again
She could have a Grammy, I still treat her ass like a nominee

"The 'No Lie' verse refers to a female Grammy winner, with Rihanna already having five of the awards to her name, and also seems to refer to Rihanna and Drake's 2011 collaboration 'What's My Name?'" [Capital FM]

"5 AM in Toronto" (2013)
I mean, where you think she at when she ain't with ya?
Wildin', doin' shit that's way out of your budget

"Lines like 'Where you think she at when she ain't with ya?' fuel speculation that the Toronto MC is taking shots at the once-rumored love triangle between him, Chris Brown, and Rihanna." [MTV]

"Views From the 6" (2014)
You must remember wakin' up in Paris with the blunt
You must remember f---in' me like anytime you want
What made us wanna act like we were married for two weeks?
Now we back in California, we don't even speak

"RiRi showed up to L'Avenue, one of Paris' most famous celebrity hotspots, on 23rd of February, to have dinner with her back then on-and-off boyfriend, Drake." [Genius]

"My Side" (2015)
Why you never come to where I'm staying?
Always hiding out in your New York condo
Why you never come to where I'm staying?
If anybody knows, girl, you know I know

"Not only does that Bad Gal live in New York (and probably one of the few people able to afford a condo in NYC), but she and Drake attempted a relationship multiple times and couldn't make it work." [Celebuzz]

"Hype" (2016)
You cannot be here right next to me
Don't you see Riri right next to me?

"Following the release of 'Hype,' the Twitterverse exploded with speculation that Drake is confirming his rumored romance with Rihanna." [ET Online]

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