THE FIRST THING WE DO, LET’S BILL ALL THE LAWYERS: Supreme Court tackles class action settlement that left nothing for millions of online customers.

via usatoday: What happens when there are 129 million winners in a class action lawsuit, each of whom stands to receive 4 cents? Federal judges in California thought they had an answer. Faced with a privacy invasion lawsuit first filed against Google in 2010, they approved an $8.5 million settlement that split most of the proceeds … Read more

TECH STOCKS VOLATILE… Bezos Loses $19 BILLION! AMAZON shares cratering… FACEBOOK Investors on Edge… October sell-off ‘morphing’ into bear market…

TECH STOCKS VOLATILE…    Bezos Loses $19 BILLION! (Bloomberg) — Jeff Bezos is still the world’s richest person, but he’s a lot closer to No. 2 Bill Gates than just a few months ago. The Amazon.com Inc. founder lost $19.2 billion over the past two trading days — the most ever in that time, according … Read more

I Read The News So You Don’t Have To – Market News (Oct. 30, 2018)

by ogordained UNITED STATES US core inflation met the feds expectations at 2.0% Consumer spending is 5% higher this time around compared to last year Meanwhile income growth fell shy of expectations by about half The Dallas Fed reported very strong activity in their regional manufacturing report Labor shortages are easing Costs of inputs are still rising, but the pace is slowing Delivery bottlenecks are easing OTHER The S&P 500 closed yesterday hovering … Read more

TRUMP PLANS TO END BIRTHRIGHT CITIZENSHIP

President Trump plans to sign an executive order that would remove the right to citizenship for babies of non-citizens and unauthorized immigrants born on U.S. soil, he said yesterday in an exclusive interview for “Axios on HBO,” a new four-part documentary news series debuting on HBO this Sunday at 6:30 p.m. ET/PT. Why it matters: This would be … Read more

Shock Claim: The Media Is Reporting That Some In The 2nd Migrant Caravan Have “Guns” And “Bombs”

by Michael Snyder A second migrant caravan has been attempting to breach Mexico’s border with Guatemala, and the media is reporting that some migrants in that second caravan are armed with “guns” and “bombs”.  This is a very serious claim, and it needs to either be confirmed or retracted, because it is not helpful to … Read more

Visualizing $21 Trillion of National Debt: Which Presidents You Should Blame the Most

via howmuch.net Ernest Hemingway once supposedly wrote, “How did you go bankrupt? Two ways. Gradually, then suddenly.” Hemingway’s observation looks increasingly spot on when it comes to the U.S. national debt, which now stands at well over $21 trillion. A trillion dollars written out is $1,000,000,000,000. That’s 12 zeroes. How did we get here? Our visualization offers a … Read more

Features and Benefits of HELOC loans

A HELOC loan is more commonly known as a second mortgage where you can leverage how much equity you have in your home to borrow money intended for personal expenses like consolidating debt or remodeling a kitchen. The math is simple; your home equity is the difference between the current property value and how much … Read more

Tim Pool: Democrats Caught Trying To Register Non-Citizens To Vote

Democrats Caught Registering Non-Citizens To Vote according to the Associated Press. Democrats were sending out voter registration forms to non-citizens who then, in confusion, called the state asking if they were allowed to vote. They were not. This is compounded by recent stories of non-citizens being registered to vote in Texas and in California. Republicans … Read more

Over 1/3 of US adults consumed fast food on any given day

via cdc.gov: NCHS Data Brief No. 322, October 2018 PDF Version (412 KB) Cheryl D. Fryar, M.S.P.H., Jeffery P. Hughes, M.P.H., Kirsten A. Herrick, Ph.D., MSc., and Namanjeet Ahluwalia, Ph.D.   Key findings Data from the National Health and Nutrition Examination Survey During 2013–2016, 36.6% of adults consumed fast food on a given day. The percentage of … Read more

Significant Activist Hedge Fund Activity (Last 7 Days)

by badpauly These are the latest Schedule 13D forms filed by activist investors in the last 7 days. Activist investors are investors that make an investment with the intention of influencing management in some way. There is evidence that following activist investors into investments can generate excess returns. Schedule 13G forms, in contrast, are filed … Read more

FOX Makes MAJOR Announcement! Conservative Netflix On Its Way

https://www.youtube.com/watch?v=Lk0ZANOzzNI Randy DeSoto for the Western Journal reports, Fox News will offer a sneak peek to its new on-demand subscription-based service Fox Nation — slated to roll out next month — with special airing on the Fox News Channel on Sunday night. Read More/Source/Credit/FairUse: https://www.westernjournal.com/fnc-st…

Personal income and spending, GDP comments, Philly index

by WARREN MOSLER Income less than expected, spending ok, so savings fell: Highlights Income growth proved very slight in September with inflation steady and moderate and right on the Federal Reserve’s target. Personal income inched only 0.2 percent higher in September which misses the low end of Econoday’s consensus range. Wages & salaries are September’s weak … Read more