Month: August 2018

AC

via frontpagemag: New York City will be spending $2.06 billion on its Department of Homeless Services. There are 61,421 homeless people in the city which is spending $33,539 per homeless person. That’s only a little short of the starting salary of an FDNY firefighter at $39,000. More money will be spent on the homeless than on the firefighters who save New Yorkers … Read more

The list of (emerging) stock markets that are down 15% or more (measured in #USD) has become pretty impressive. pic.twitter.com/wtCRau5PDP — jeroen blokland (@jsblokland) August 16, 2018 The Emerging Market Sudden Stop: 1. Build massive fiscal and trade domestic imbalances because “we have margin”2. Mirage fades. Capital flights.3. Reserves deplete4. Central bank implements capital controls … Read more

A record number of investors became 401(k) millionaires this spring. At the end of the second quarter, 168,000 people with 401(k)s managed by Fidelity Investments had at least $1 million in their accounts, a rise of 50,000 people from a year earlier when there were 118,000, according to a new study by Fidelity, one of the nation’s … Read more

Watch the latest video at foxbusiness.com Fewer Americans are embracing self-driving car technology following high-profile incidents involving Uber and Tesla vehicles, according to a new study from Cox Automotive. Consumers’ interest in automatic braking and other autonomous features is high, but drivers view self-driving cars as less safe compared to a similar survey conducted two … Read more

ANDREW MALCOLM: A Journalist Reflects On His Profession’s Anti-Trump Collusion. Had those elites of both parties paid genuine attention to flyover country’s concerns, frustrations and fears, as silly and stupid as they seem to disconnected Beltway know-it-all’s, they would not be in today’s baffling, powerless position. There would have been no need for a Trump. And … Read more

California’s largest fire ever keeps growing as winds fan flames The largest fire in California history continued to grow Thursday while firefighters worked to protect threatened communities. Crews are on especially high alert this week after a firefighter who traveled from Draper City, Utah, to help battle the blaze died Monday while working on an active stretch. “We … Read more

How Bruce Ohr Could Implicate High-Ranking Obama Officials In Spygate. We don’t know what Yates knew about Ohr’s role. When Yates testified before Congress in May 2017 about the Russia investigation, Ohr’s involvement was still secret, leading the Senate Judiciary Committee to focus instead on her role in instigating the firing of Trump’s former national … Read more

Retail Sales and Manufacturing Are Powering U.S. Growth This Summer. Retail sales—a measure of spending at U.S. stores, websites and restaurants—rose a seasonally adjusted 0.5% in July from the prior month, the Commerce Department said Wednesday. That was well ahead of economists’ forecasts for a 0.1% increase. Compared with a year earlier, they grew 6.4% … Read more

TANK LIVE FIRE IN GEORGIA: The country, not the state. RELATED: Ten years ago Putin launched a tsar-war against Georgia. Two columns I wrote at the time provide historical background, there first dated August 13, 2008 and the second dated August 26, 2008. From the second column: Personalizing Russia 2008 as Vladimir Putin strikes me as a stretch. Putin … Read more

When it comes to online gambling the United States has always had a slow and somewhat confusing set of rules and regulations surrounding the legality of having a bet or wager at an online casino but last year turned into an exciting one especially after Pennsylvania legislators finally (yes finally!) signed a bill into their … Read more