Wading into the murky world of campus politics, New York City Mayor Bill de Blasio has canceled a talk by conservative provocateur Milo Yiannopoulos at New York University. Yiannopoulos responded by savaging the Democrat mayor. Yiannopoulos was due to speak to a Liberal Studies class on the intersection of Halloween, culture, and politics, but NYU … Read more
by EmployerOfTheMonth Last week in Alphabet’s Q3 earnings call Alphabet provided investors with some updates on Waymo: Ruth Porat, CFO of Alphabet With Waymo, in the third quarter we built on our Early Rider Program, both expanding the group of participants and beginning to test pricing models. And then in terms of Waymo, in the … Read more
by Scorface Lyft is five times cheaper to acquire than Uber. It has 35% of ridesharing marketshare in America and is rapidly growing in Canada—two of Amazon’s biggest market. Currently, no major Western ridesharing platform is profitable. That’s because it takes a ton of costly promotions and subsidies on both the rider and driver sides … Read more
Trade war impact deepens across Asia, but 'real economic shock' yet to hit. Activity slows in South Korea, Indonesia; shrinks in Malaysia. Container & bulk rates are already falling. https://t.co/xihZBds4kr pic.twitter.com/e3st8Bo5vq — Holger Zschaepitz (@Schuldensuehner) November 1, 2018 Global earnings revisions pic.twitter.com/fTQXGNjFDS — Teddy Vallee (@TeddyVallee) November 1, 2018 Hmmm – about that #chinese growth … Read more
by Martin Armstrong On this score, President Tump in his latest claim that he can end birthright citizenship with an executive order is WRONG. On this subject, he is correct that a child born in most countries does NOTmake them a citizen of that country. In most cases, they are a citizen of a parent who is a … Read more
Get out and vote Michigan Vote John James, Get that rich white privileged idiot Debbie Stabmenow out now! https://www.youtube.com/watch?v=0jJjI5beixw h/t Jake
by Martin Armstrong Politicians have totally and completely misunderstood the trends within the global economy and as a result, they are actually creating one of the worst economic debacles in history. I have explained several times that the bulk of investment capital is tied up in two primary sectors – (1) government bonds and (2) … Read more
Austria joins Hungary & USA — WILL NOT sign UN migration pact The Global Compact for Sage, Orderly and Regular Migration was approved in July by all 193 UN member nations with the exception of the United States. The US pulled out last year. Hungary have said they will not sign the final document in … Read more
from Zero Hedge Treasury Secretary Steven Mnuchin is set to steal Timothy Geithner’s achievement of selling a record amount of notes and bonds as he seeks to finance America’s growing budget deficit. According to the latest quarterly refunding statement, the US Treasury is about to sell a record amount of debt, surpassing levels seen both in the aftermath … Read more
WASHINGTON (AFP) – Governments worldwide are stepping up use of online tools, in many cases inspired by China’s model, to suppress dissent and tighten their grip on power, a human rights watchdog study found Thursday. The annual Freedom House study of 65 countries found global internet freedom declined for the eighth consecutive year in 2018, amid … Read more