CrowdStrike Inc., whose digital security services helped the Democratic National Committee respond to a network breach that was linked to Russia, raised $100 million in its latest funding round. The new money, led by investor Accel, values the company at more than $1 billion, CrowdStrike said in a statement Wednesday. With the latest investment, Irvine, … Read more
by Jake93Ireland The NY Fed just increased their overnight repos to $120 billion, which is 60% more than what it was capped at $75 billion Apparently the Fed needed to do this in the middle of the day, outside their scheduled meetings, and not even during the overnight lending window. Something big just happened behind … Read more
by 4BigData https://www.ft.com/content/4a55853e-f589-11e9-a79c-bc9acae3b654 any losses would not be covered by the Financial Services Compensation Scheme. FCA is attempting to clamp down on poor practices in the peer-to-peer sector after finding that many investors did not understand the risks involved in funding loans FundingSecure offered retail investors annual returns of up to 16 per cent by funding property development … Read more
by SquegeeDuck CNBC article From the article: “Millennials should aim to set aside nearly half of their income for the future, according to Olivia S. Mitchell, professor of insurance/risk management and business economics & public policy, and executive director of Wharton’s Pension Research Council at the University of Pennsylvania. If you want to live off … Read more
https://www.cnbc.com/2019/10/24/amazon-earnings-q3-2019.html EPS: $4.23 vs. $4.62, according to analysts surveyed by Refinitiv Revenue: $69.9 billion vs. $68.8 billion, according to analysts surveyed by Refinitiv AWS: $9 billion vs. $9.1 billion, according to analysts surveyed by FactSet Amazon also gave soft fourth-quarter revenue guidance in the range of $80.0 billion and $86.5 billion, far below the street’s … Read more
https://www.ft.com/content/ffa49378-f5b4-11e9-a79c-bc9acae3b654 Represents about 30% of the current workforce. Mr Claure added: “But I will promise you that those that leave us will be treated with respect, dignity and fairness. And for those that stay, we will ensure everyone is aligned and shares in future value creation.” WeWork declined to comment. One former employee told the … Read more
by queenannechick Hi. Just like a PSA. I have friends who recently became landlords and despite my advising them strongly they needed to run background and credit checks, they didn’t. Guess how that turned out. I used to work as a property manager and the reality is most folks who turned up, couldn’t get approved. … Read more
by llort_tsoper Your checking/savings accounts are very secure. They are heavily regulated including numerous laws designed to protect consumers. Venmo/Paypal is none of the above. It is possible for someone to gain access to your Venmo Account (either by hacking in or even by sending you an unauthorized transfer). Your connected checking/savings account can then … Read more
https://kogo.iheart.com/content/2019-10-…ince-1971/ Bacon-lovers, you’ve got some work to do. According to a report in Bloomberg, America hasn’t kept up its consumption compared to the amount of bacon we’re producing. That’s led to a spike in inventory for the amount of uneaten bacon that’s been keeping cool in refrigerated warehouses since Sept. 30. According to the report … Read more
by FS Student loan debt has found its way into the center of political debates and into the lives of nearly two-thirds of American college students. Forbes called student loan debt a ‘1.6 trillion crisis.’ On the most recent episode of the Financial Sense Newshour’s Millennial Monday podcast, Crystal Kessler and Josh Nunn explain how … Read more
https://www.youtube.com/watch?v=J8Lm4OODOk8 Joe Saunders from The Western Journal reports, Massachusetts Sen. Elizabeth Warren, the leftist law professor whose surging campaign is giving former Vice President Joe Biden a serious challenge for the role of “front-runner” in Democratic primary polls, has teamed up with the country’s only openly lesbian senator to demand special treatment for transgenders caught … Read more
https://www.youtube.com/watch?v=rnc55TpF2hU Joe Saunders from The Western Journal reports, When it comes to the “impeachment inquiry” threatening President Donald Trump, not many Americans have the perspective of Newt Gingrich. Read More/Source/Credit/FairUse: http://westernjournal.com/newt-gingri…
The most unprecedented action from the Fed since they began this a month ago. And still everyone involved and reporting on it are simply brushing it off. Nothing to see here folks! I’m not buying it. What do you say? We have only just begun and already the Fed has expanded its program. This is … Read more
by FS A strange brew of economic conditions may be coming together to produce some contrarian outcomes, including a strengthening global economy and a potential reversal in the dollar. Craig Johnson and Marc Chandler joined the Financial Sense Newshour to discuss their views on where the market and dollar is headed. See Craig Johnson on Value … Read more
https://www.youtube.com/watch?v=fAKYhjf6Ddc 100% Fed Up reports, Joe Biden wants you to think he’s in the poor house. Hey may have left the White House considering himself poor but we know that he was earning $396K in 2016. Joe Biden’s 2017 tax return shows he was earning $396K in 2016 and made $15 million in the two … Read more
by Michael Snyder Why do you believe what you believe? Some people have a really solid answer to that question, but much of the population never thinks much about deeper questions such as this. In fact, for most Americans it is simply easier to let others do their thinking for them. Today, most of us … Read more
Rob Kirby interviewed by Patrick V. on SBTV Returning SBTV guest, Rob Kirby of Kirby Analytics, had a though-provoking conversation with us – he questioned the ridiculousness that the US has never had a failed bond auction given the poor fundamentals of the US dollar, even as de-dollarization sentiments are accelerating. Discussed in this interview: 02:07 Fed unwinding balance … Read more
By Tsvetana Paraskova The United States sued on Wednesday the state of California over its cap and trade emissions agreement with Quebec in Canada, arguing that only the federal government has competence to enter into or endorse agreements with foreign states or countries. The U.S. filed a civil complaint against the state of California, several of its … Read more
“Students at the University of Oxford have voted to ‘replace clapping’ with a silent wave because it ‘could trigger anxiety’. They are instead being told to use ‘jazz hands’, where they wave their hands in the air. The motion to ‘mandate the encouragement of silent clapping’ was successfully passed by the university’s student union officers, … Read more
