Investment Watch Blog

via nypost: On Wednesday, the Supreme Court ruled to permit the administration to go on refusing to accept applications for asylum from migrants who have passed through another country without being denied asylum there, while a case challenging this common-sense policy works its way through the courts. That comes on the heels of the court’s decision … Read more

via telegraph.co.uk:   It’s not about Brexit any more, at least not primarily. It’s about whether we remain a democracy in the fullest sense. Our system depends on unwritten conventions and precedents. We expect winners to show restraint and losers to show consent. We expect our officials – including judges, civil servants and, not least, the Commons … Read more

by Shaun Richards The economic news event of the weekend was the attack on the Saudi oil production facilities. It looks as though Houthi rebels and Iran were involved but forgive me if I am careful about such things along the lines of this from the Who. Then I’ll get on my knees and pray … Read more

via taxprof: Chronicle of Higher Education, The Great Enrollment Crash: Students aren’t showing up. And it’s only going to get worse. … Higher education has fully entered a new structural reality. You’d be naïve to believe that most colleges will be able to ride out this unexpected wave as we have previous swells. Those who saw modest high-school … Read more

Purdue Pharma, accused of fostering the US opioid crisis with its drug OxyContin, filed for bankruptcy protection in a New York court, after a tentative settlement deal faced opposition from multiple states. The company filed for chapter 11 bankruptcy in White Plains, New York on Sunday evening, as part of its efforts to finalize a … Read more

My spidey senses tell me that this is going to be a big deal… ______________________________________________ https://www.justice.gov/opa/pr/current-and-former-precious-metals-traders-charged-multi-year-market-manipulation Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Monday, September 16, 2019 Current and Former Precious Metals Traders Charged with Multi-Year Market Manipulation Racketeering Conspiracy Two current precious metals traders and one former trader in the New … Read more

“This is the first time that we have detected water on a planet in the habitable zone around a star where the temperature is potentially compatible with the presence of life,” she said. The habitable zone is the region around a star where temperatures are considered sufficiently benign for water to exist in liquid form … Read more

Teachers in Chicago inch closer to possible strike CHICAGO (AP) — Teachers in the nation’s third-largest school district are inching closer to a strike that could happen as early as next month. After rejecting the district’s latest offer, Chicago educators are back at the bargaining table negotiating issues including pay, staffing shortages and class size. … Read more

Apparently The New York Times Can Walk Backwards And Spit Out Gum At The Same Time     NYT updates Kavanaugh ‘bombshell’ to note accuser doesn’t recall alleged assault By Gregg Re Published 5 hours agoLast Update 2 hours ago The New York Times suddenly made a major revision to a supposed bombshell piece late … Read more

Banks Warm to Mortgage Bonds That Burned Them in 2008 Citigroup, Goldman Sachs and Wells Fargo are getting back into the business Banks are getting back into the business of building mortgage bonds, laying the groundwork for a market that stands to grow as the Trump administration tries to reduce the government’s role in housing … Read more

Belgium’s nominee for EU justice commissioner was part of a corruption scheme involving the Congo and Libya, a Belgian former spy has testified. The nominee, Belgian foreign minister Didier Reynders, immediately denied the accusations, details of which were seen by EUobserver, but Belgian prosecutors are looking into the affair as he prepares to take up … Read more