While paying online, my Citi Double Cash card alerted me that many major benefits will soon be dropped. Just wanted to pass this along and inquire if other cards people use have given notification of similar cuts. ” Effective September 22, 2019, Worldwide Car Rental Insurance, Trip Cancellation & Interruption Protection, Worldwide Travel Accident … Read more
via NPR: Protesters in Hong Kong defied orders to not demonstrate on Saturday, gathering to denounce the police and government in an area where pro-democracy activists were attacked last weekend. Protesters swarmed a major road in the district of Yuen Long clutching umbrellas to shield themselves from police cameras and tear gas that was later … Read more
Residents of Baltimore’s poorest boroughs have lifespans shorter than people living under dictatorship in North Korea. That is a disgrace. — Sen. Bernie Sanders (@SenSanders) May 5, 2016 Baltimore Mayor Bernard “Jack” Young (D) blasted President Trump‘s comments about his city and Rep. Elijah Cummings (D-Md.) on Saturday, calling the president a “disappointment to the people of Baltimore.” … Read more
By Nick Cunningham Faced with an economic slowdown, the European Central Bank indicated on Thursday that it was planning for an interest rate cut for the first time in more than three years. U.S. equities sold off on the news. The ECB also hinted that it may restart large-scale asset purchases later this year, hoping … Read more
Most of the 39,000 customers who lost electricity in a power failure in Washington on Saturday had their service restored after about four hours, officials said. As of 6:30 p.m., 5,500 customers were still without power, according to Potomac Electric Power Company. Frank Tedesco, a spokesman for the company, attributed the failure to an issue … Read more
Senate Majority Leader Mitch McConnell squashed two bills intended to ensure voting security on Thursday, just one day after former special counsel Robert Mueller warned that Russians were attempting to sabotage the 2020 presidential elections “as we sit here.” McConnell said he wouldn’t allow a vote on the bills because they were “so partisan,” but, … Read more
South Korean chipmaker SK Hynix reported its smallest quarterly earnings in three years on Thursday as slumping memory prices drove an 89% drop in second-quarter operating profit. The world’s second-largest memory chip maker behind Samsung Electronics said April-June profit was 638 billion won ($541.9 million), missing a 828 billion won Refinitiv SmartEstimate. To cope with the slowing chip market, the company … Read more
via seekingalpha: Summary Global debt is officially $184 trillion, which is 225% of global GDP. This is $86,000 for every person in the world, which is 2.5 times annual income. We estimate that official figures are understated by a factor of 2.5, so debt is actually $460 trillion, which is 560% of GDP and $215,000 per … Read more
Dec 7, 2017: $500 million (series G) Oct 5, 2018: $1.3 billion (series H) May 2, 2019 (ipo pricing): $1.5 billion May 2, 2019 (1st day of trading): $3.8 billion May 31, 2019: $6.2 billion June 30, 2019: $9.7 billion Today, 2019: $13.2 billion https://twitter.com/charliebilello/status/1154464062169731073
via investopedia: By keeping interest rates at historic lows, the world’s leading central banks, including the Federal Reserve, have produced an “everything rally” marked by rising prices for a variety of asset classes, among them stocks, bonds, gold, safe haven currencies, and asset-backed securities. Investors have been active buyers of all these asset classes, anticipating that future interest rate cuts by … Read more
Investors Pour Money Into Bond Funds at a Record Pace Some excerpts Mutual funds and exchange-traded funds tracking bonds posted $12.1 billion of inflows for the week ended July 17, the 28th consecutive week of inflows. That brings the total so far this year to $254 billion, on pace for a record $455 billion on … Read more
by Daisy Luther Self-defense courses sound hard. Aggressive. Intensely physical. For some women, darn near impossible. When we reach a certain age, gain a certain amount of weight, see a drop in our fitness levels, we sometimes thing, that’s it. It’s just me and my gun because there’s no other type of self-defense that will … Read more
BY SRSROCCO The U.S. Corn Ethanol Industry, the largest in the world, is now losing a serious amount of money producing unprofitable biofuel. While the situation for the ethanol producers was bad in 2018, due to losses stemming from falling margins, it’s even worse this year. This has prompted one of the country’s largest ethanol … Read more
by Simon Black The federal government sold your Social Security Number for FIVE dollars Welcome to our Friday roll up, where we highlight the most absurd and concerning stories we are following this week. Equifax fined $700 million… for 147 million person data breach Do you remember back in 2017 when Equifax (the giant consumer credit … Read more
From Birch Gold Group Like clockwork, this week POTUS and and congressional leaders reached an agreement to have the debt ceiling suspended again. That means the U.S. Government has a renewed open checkbook it can use to cover expenses for two more years. However, the federal government’s spending doesn’t operate like a checkbook does. Instead, government-spending is more of … Read more
http://clerk.house.gov/evs/2019/roll497.xml So we give money to Israel to pay for their protection, schooling, healthcare, whatever is left over they use to give huge donations to members of congress to make sure the money keeps rolling in? Why are we giving so much money to Israel again? h/t MP
In light of all the recently news with Epstein, I would be curious what the IG found. Just some food for thought. https://youtu.be/bb6JeX6dvEk h/t kit
🚨HOLY🚨 Trump just now in the Oval Office: – Subpoena all of Obama's records.– Subpoena all of the records having to do with Hillary Clinton.– Subpoena the Clinton Foundation.– Look into the book deal that President Obama made.– GOP will hold House, Senate & White House. pic.twitter.com/blRLP1k6fI — Benny Johnson (@bennyjohnson) July 26, 2019 Sarah … Read more
Does President Jackass really wants to pick a fight with this guy and the people of West Baltimore? pic.twitter.com/kulWfxYIuP — Not a Saint (@DontUnderSTM8me) July 27, 2019 Midterms: Poorest states have Republican legislatures, and richest have Democratic ones https://www.usatoday.com/story/money/columnist/2018/10/21/midterms-poorest-states-have-republican-legislatures/1694273002/ You all see what is happening in Puerto Rico, right? Donald J. Trump ‏Verified account @realDonaldTrump … Read more
by Tom McClellan The FOMC is expected to cut short term interest rates at its upcoming July 30-31 meeting, but they probably will not cut as much as they need to. The FOMC is usually slow to do the right thing. I will repeat the point I have made before, which is that the FOMC … Read more
By Dagny Taggart Lately, the news has been flooded with horrifying updates about the case of registered sex offender and alleged sex trafficker Jeffrey Epstein. You can read our Epstein coverage at the following links: An Unbiased Look at What We Know About the Epstein Scandal So Far More CONFIRMED Information on Jeffrey Epstein, His … Read more
By Tsvetana Paraskova Oil prices nudged up early on Friday, supported by weekly U.S. reports of inventory draws and simmering tensions in the Middle East, while worsening outlooks on the global economy capped price gains. At 05:26 a.m. EDT on Friday, WTI Crude was up 0.46 percent at $56.28 and Brent Crudewas trading up 0.30 percent at $63.45, … Read more
Has anybody here ever read George Orwell’s 1984…looks like he ways only 4 decades off SH
