On Wire

Breaking news, updates, and reports on current events.

What Causes a Yield Curve to Flatten?

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by Status_Flux The main reason for raising interest rates is to combat inflation. However the fed doesn’t actually set rates for short term bonds but rather sets the rates at which banks borrow from each other. This in turn affects demand for bonds, which is what changes the yield. The right side of the curve, from … Read more

AMAZON PAYS NO FEDERAL TAXES; $11 BILLION IN PROFIT; $100 MILLION REBATE!

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Amazon paid no federal taxes on $11.2 billion in profits last year, according to group’s analysis Amazon, the e-commerce giant helmed by the world’s richest man, paid no federal taxes on profit of $11.2 billion last year, according to an analysis of the company’s corporate filings by the Institute for Taxation and Economic Policy (ITEP), … Read more

Uber posts $50 billion in annual bookings as profit remains elusive ahead of IPO (REUTERS)

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SAN FRANCISCO (Reuters) – Uber Technologies Inc had $50 billion (39 billion pounds) in total bookings for its ride-service and food-delivery businesses last year, a testament to the size and global reach of the company as it prepares to woo investors in one of the biggest public stock listings to date. MORE: https://uk.reuters.com/article/uk-uber-results/uber-posts-50-billion-in-annual-bookings-as-profit-remains-elusive-ahead-of-ipo-idUKKCN1Q42CD Another snippet from … Read more

Mapped: The Median Age of the Population on Every Continent

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via visualcapitalist: Earlier this week, the Bill and Melinda Gates Foundation published their annual letter that highlights the surprises they saw in 2018, as well as the philanthropic opportunities they’ve identified for the future. Among many other compelling facts and stories, the letter pointed out one surprise that we thought was of particular interest: the median age of … Read more

Twitter disables President Trump’s video lampooning Democrats to REM’s “Everybody Hurts”

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• Earlier today President Trump pinned CarpeDonktum‘s State of the Union video meme to his twitter page • After, the tweet garnered 38K Retweets and 120K Likes, R.E.M.‘s publisher reached out to Twitter to have it removed • As of 10:53PM EST, the video has been disabled MORE: https://culttture.com/2019/r-e-m-asks-twitter-to-remove-carpedonktum-meme-tweeted-by-trump/ Here’s the Tweet: https://twitter.com/realDonaldTrump/status/1096485376087097344 Here’s the video … Read more

Florida Outlaws Common Core After Parents Speak Out

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by RMFN https://youtu.be/F7XSPMR0PXE finally progress. Commoner core was the worst piece of education legislation in history. Schools need independence. Teachers need liberty to teach their lesson plan. The state control of daily lessons on a micro level takes all aspects of hinairy out of the education experience. Changing it from learning knowledge to learning obedience. … Read more

Sometimes the Best Solution Is To Leave Things As They Are

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by Charles Hugh-Smith We must distinguish between the oft-lauded creative destruction of what is obsolete and destruction in pursuit of fleeting fashion. I recently received an insightful email from a reader who had come across myarchives of free-lance articles and essays on home and urban design. I wrote dozens of articles for S.F. Bay Area newspapers … Read more

MAJOR VICTORY For Mothers, Children, Families In California

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Grace Carr from The Daily Caller reports, California must pay $399,000 to a crisis pregnancy center after a Monday ruling ordering the sum be paid to cover the costs incurred in a legal battle over the dissemination of abortion material. https://www.youtube.com/watch?v=GqVHgtuRzWo Read More/Source/Credit/FairUse: https://dailycaller.com/2019/02/12/ca…    

Having a ‘good’ job in America no longer makes you financially secure — 1 in 3 ‘moderate income’ Americans experience financial insecurity

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via Marketwatch: 1 in 3 ‘moderate income’ Americans experience financial insecurity Despite low rates of unemployment and reports of a booming economy, many American workers are struggling to make ends meet. One in three Americans with a “moderate income” has reported experiencing financial distress in the last year, according to a study released Thursday by the Urban … Read more

The Netflix Tax

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by Martin Armstrong I have warned that once one state taxes something, the idea spreads like a contagion. Illinois and California wanted to tax movies or anything you stream. Now, Georgia is looking at the same thing. This is all part of the economic decline. The states are broke. Their pensions are consuming everything. It is no … Read more

Operation Mockingbird is very real.

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by mikeleoncraft   Josh Campbell, former FBI agent and special Assistant to FBI director James Comey. Left the FBI in protest of President Trump, and now works for CNN. Writes fluff piece on fired FBI agent Andrew McCabe, to help soften the blow over his admission to a coup to overthrow a sitting President. Fox … Read more

Gab Is Creating A Comment Section On Every Website That Could Change the internet – Twitter not pleased.

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Gab.com, known as the free speech alternative to Twitter, is creating a browser plugin to add a comment section to every website on the Internet. Andrew Torba, who founded and runs Gab has shared a number of screenshots showing the plugin in action, commenting on websites with unavailable comment sections, and on websites with harsh … Read more