Amazon stock drops on earnings miss

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

WeDontWorkAnymore: “WeWork plans to axe 4,000 staff. Yesterday it was only 2,000.” Most should be NYC based.

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

You’re taking a huge risk by linking Venmo or Paypal to your primary banking accounts.

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

America’s Stockpile of Bacon Highest Since 197

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

Seven Ways to Take Control of Your Student Loans

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

These Illegals Are CELEBRATING After Learning What Pocahontas Just PROMISED

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

Dollar Weakness on the Horizon

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

Rob Kirby: Global Crisis Unfolding, US Dollar Rejection UNDERWAY & ACCELERATING

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

The U.S. Sues California Over Rogue Emissions Deal

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

Clapping banned at Oxford University to stop people being triggered

“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

A high-voltage PG&E transmission line broke where the Kincade Fire started in Northern California, company says

  “Pacific Gas and Electric said that although it shut down smaller distribution lines, the high-voltage transmission lines were still active before the Kincade Fire started. At 9:20 p.m. Pacific time Wednesday, an employee discovered a broken jumper on a high-voltage tower, the company reported to state regulators. The fire began at 9:27 p.m., according … Read more

Algae Sucked all CO2 out of the Atmosphere Causing a Virtual Ice Age

by Martin Armstrong Algae absorbs CO2 and a 500% increase in its population caused a mass extinction that wiped out more than three-quarters of all marine life and turned the planet into a phase of global cooling. Researchers from Harvard University made the discovery while studying ancient ocean sediments unearthed in Nevada. The sample of shale and … Read more