Breaking news, updates, and reports on current events.
via Reuters: It seemed like an opportunity a lender would not want to miss. The loan paid 10.25 percent interest which would go up if a benchmark rose. The borrower was Trident USA Health Services, a growing company which provided bedside medical testing in nursing and assisted living centers. Trident was buying similar companies across … Read more
via NYT: Wells Fargo has spent years publicly apologizing for deceiving customers with fake bank accounts, unwarranted fees and unwanted products. Its top executives say that because they have eliminated the aggressive sales targets that spurred bad behavior, the bank’s culture has changed. Many employees say that is news to them. There is no evidence … Read more
via YAHOO: Forget the ongoing trade war and China’s slowing growth — Deutsche Bank thinks “the biggest risk to the global economy comes from Europe.” “Data has stabilized in some areas, e.g. with France’s activity improving as the ‘yellow vest’ protests fade, [but] other areas show weakness,” David Folkerts-Landau, group chief economist at Deutsche Bank, wrote … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter When you google “HELOC” the first batch of entries that come up are ads trying to get you to take out a HELOC. The most aggressive advertisers that outbid all others in my sample of one were: Lending Tree, the “home equity” division of J.P. Morgan Chase, and Quicken Loans. Then … Read more
Earlier this month, Amazon announced plans to hire 3,000 remote workers in 18 states. The job listing for customer service associates, posted on March 4th, indicates that the role pays $15 an hour, provides health care coverage after 90 days of employment and offers overtime pay. Amazon is considering candidates who live in 18 states: Alabama, … Read more
Overnight Quick reacap: Japan tool orders drop -29.3% Turkey is officially in recession China auto sales slide -15% Germany industrial production -3.3% Global Economy Hits Its Weakest Spell Since Financial Crisis S. Korea exports down -19.1% and and down -23.9% to China — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) March 11, 2019 this does not look … Read more
by MedicalInsuranceQA I worked for a Blue Cross affiliate for nearly three decades and frequently see questions here about medical insurance. I wanted to share some helpful tips about some common roadblocks people run into. Firstly, medical insurance has many, many policies in place, but you have to ask for them. You visit the … Read more
by Foofymonster I’ve been wanting to write this for a while. A while back I hated my job. I was working 80 hour weeks and getting paid doo-doo for the effort. In response I wrote up an “escape plan”. It included a bunch of ways for me to replace my income, but it also included a … Read more
by fartjoke69 Post-Post Snowden, this idea continues to circulate that apple cares about protecting user privacy more than competing device manufacturers, to the point where it’s been ingrained in me personally. I even inadvertently repeated some platitude about apple’s security emphasis fairly recently. This video creator peels back the layers on this formless cultural belief, … Read more
https://www.youtube.com/watch?v=Khu6e661_ro Former FEC Commissioner Lee Goodman discusses the ethics complaints filed against Rep. Alexandria Ocasio-Cortez (D-N.Y.). https://www.youtube.com/watch?v=gj4x_…
Just like any business or investment, there are risks. Turo or AirBnB is just one potential business model. Some people have success with it, some people do not. But just think of the potential. You can make money from something that is normally a liability. Suddenly it can bring in income. You must take everything … Read more
She’s right about the problem, but wrong about the solution. We don’t need five Facebooks at 20% of the size. We need tech and social media giants to be regulated like utilities. Private power companies can’t refuse to sell you electricity if they don’t like what you do with it. Giant social media companies … Read more
via thefreethoughtproject: Amesbury, MA — As TFTP reported, an Amesbury police officer was arrested last year and charged with crimes related to the alleged beating of a 14-year-old autistic boy. Despite the heinous nature of the crime and violations since, it was announced this week that the officer will not be charged with a crime. According to the … Read more
via GLP: Talk about a hypocritical oath More Doctors Confessing To Intentionally Diagnosing Healthy People With Cancer To Make Money Chiropractors who administer unnecessary adjustments after an automobile accident in order to collect maximum insurance payments does occur sometimes. But as far as the patients go, no harm, no foul. Maybe even some benefits for … Read more
by State of the Nation New World Order Agenda Advancing with RINO Betrayal and Democrat Treason Take a close look at all the young military-age men in this walking caravan that previously approached the southwest American border. What the heck is really going on at the border? The plot is much bigger and dangerous than anyone … Read more
Ron Paul, Institute for Peace and Prosperity, Released on 3/11/19 The House of Representatives recently passed legislation that would expand the national background check system to require almost everyone selling firearms, including private collectors who supplement their incomes by selling firearms at gun shows, to perform background checks on the potential buyers. The bill has a … Read more
by Frank Holmes, CEO, U.S. Global Investors Here at U.S. Global Investors, we’re politically agnostic. We believe there’s money to be made no matter which party is calling the shots. That’s why we focus on government policy instead of partisan politics. Having said that, I think most of you would agree that there’s lately been … Read more
by Lance Roberts In this past weekend’s newsletter we stated: “This short-term oversold condition, and holding of minor support, does set the market up for a bounce next week which could get the market back above the 200-dma. The challenge, at least in the short-term remains the resistance level building at 2800.” That bounce occurred on Monday … Read more