Month: June 2019

U.S. Officials Meet in Secret Over Junk-Loan Frenzy as Recession Alarms Flash

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Via The Street The Financial Stability Oversight Council, a panel of top U.S. regulators charged with preventing future financial crises, met Thursday to discuss the past decade’s surge in corporate borrowing, much of it by companies with junk-grade credit rating. An economic downturn likely would bring a wave of credit-rating downgrades and debt defaults that … Read more

STEPHEN KRUISER: Having Achieved World Peace, UN Turns Its Attention to Alexa and Siri—Symbols of the Patriarchy.

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via pjmedia: The grievance peddlers around the world live in a fictional world. They see oppressive shadows everywhere, none of which exist. That’s right, I said “none.” Look, I am the patriarchy. I’ll admit, it’s fun most of the time. We really don’t have the vision and reach that we’re given credit for, however. Most of us are … Read more

First rare earth processing facility outside of China to be built in Texas

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Rare earth elements are used every day. They are metals that are used in everything from cell phones to cars, televisions, military jet engines and medical devices. However, the tit-for-tat tradeOpens a New Window. war between the U.S. and China,Opens a New Window. may present a challenge to the industry which heavily relies on China. The retaliatory tariffs from … Read more

Your Facebook please: US begins demanding full social media background from visa

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The US State Department has begun requiring visa applicants to submit five years’ worth of social media history, threatening “serious immigration consequences” for those who attempt to conceal their accounts. Both temporary visitors and those seeking permanent residence are required to fill out the new forms, which include drop-down menus that currently list only the … Read more