Investment Watch Blog

Hundreds of thousands of Californians who received unemployment funds from the federal Pandemic Unemployment Assistance (PUA) program are on the clock to show proof of prior employment or risk of having to pay back benefits to the state. The state’s Employment Development Department (EDD) sent notices to about 900,000 PUA claimants in mid-November, which account … Read more

https://t.co/vIS05LUWzr — The Vigilant Fox 🦊 (@VigilantFox) December 6, 2021 Just like how politicians and the tobacco industry are known for being dishonest, the same can be said for giant pharmaceutical companies. When cigarette companies used doctors to push smoking Biggest fine in US history Experts conclude Pfizer manipulated studies Tweet h/t HulkTogan

By Lance Roberts  The Fed’s monetary policy has screwed Americans. Such is the basic premise of a recent Washington Times article discussing inflation. To wit: “Do you find it odd that banks and other financial institutions provide mortgage loans to millions at an approximately 3% interest rate for 30 years, while the government reports that inflation is … Read more

More than half of America’s youngest adults — 56 percent of those ages 18 to 25 — are overweight or obese, according to Johns Hopkins research, published in JAMA. Using data from a nationally representative sample of 8,015 people in that age bracket, the researchers compared average weights over the past four decades. In that … Read more

SHAH WALI KOT, Afghanistan — One by one, women poured into the mud brick clinic, the frames of famished children peeking out beneath the folds of their pale gray, blue and pink burqas. Many had walked for more than an hour across this drab stretch of southern Afghanistan, where parched earth meets a washed-out sky, … Read more

U.S. health officials said Sunday that while the omicron variant of the coronavirus is rapidly spreading throughout the country, early indications suggest it may be less dangerous than delta, which continues to drive a surge of hospitalizations. President Joe Biden’s chief medical adviser, Dr. Anthony Fauci, told CNN’s “State of the Union” that scientists need … Read more

Democratic leaders are walking back their promise to hold a vote this week in the House on legislation that would sanction China’s use of slave labor and ban the import of goods made using it, according to the legislative chamber’s vote schedule. Democratic House Rules chair Jim McGovern (D., Mass.) promised last week after a … Read more

Economists surveyed by the National Association for Business Economics are predicting that annual inflation will remain above 2% over the next three years as a result of rising wages and strong demand for goods and services. NABE panelists project that the overall consumer price index will rise 6% year-over-year in the fourth quarter of 2021, … Read more

BATA, Equatorial Guinea—Classified American intelligence reports suggest China intends to establish its first permanent military presence on the Atlantic Ocean in the tiny Central African country of Equatorial Guinea, according to U.S. officials. The officials declined to describe details of the secret intelligence findings. But they said the reports raise the prospect that Chinese warships … Read more

The founder of Tesla, Elon Musk, said what we all have thought about at least once, seeing the majority of our political candidates and “people in position.” “Let’s impose an age restriction after which you are no longer eligible to run for political office, possibly a number slightly below 70.”   https://theusamedia.com/elon-musk-thinks-there-should-be-an-age-limitation-for-political-candidates/

Usually at this time of year, San Francisco’s luxury stores are decked with holiday garlands. Instead, they’re boarded up after widespread “flash mob” looting turned Union Square — the city’s most fashionable shopping district — into an area resembling a blighted neighborhood in Detroit. “It’s a ghost town,” said Michelle Tandler, a San Francisco native … Read more

Just days after receiving a $750 million cash infusion, a tech startup that Forbes branded in October as a “unicorn,” valued at $7 billion, laid off hundreds of employees in a manner that some online deemed “brutal.” Better.com, a digital mortgage lender with offices in Oakland, laid off 900 employees weeks before Christmas on a … Read more

Sherif Zaki, a legendary disease detective at the Centers for Disease Control and Prevention who had a photographic memory and a knack for cracking hard cases, has died. Name a newly emerged or vexing infectious pathogen and chances are Zaki played a role in identifying it or tying it to a mysterious outbreak that was defying investigation. … Read more

A Chicago bus driver landed in the hospital after he was beaten on the streets Saturday night, resulting in a 15-year-old boy being arrested. The bus driver, 49, was inspecting his bus at about 9 p.m. after he heard a loud sound. He was reportedly pushed and punched by both a male and female, police … Read more

Hackers have taken $196 million from crypto trading platform Bitmart, a security firm said Saturday. Bitmart confirmed the hack in an official statement Saturday night, calling it “a large-scale security breach” and writing that hackers withdrew about $150 million in assets. Blockchain security and data analytics firm Peckshield estimates that the loss is closer to … Read more