Spreading the truth. Empowering the people.
Terresa Monroe-Hamilton for RWN official reports, Former New York City Mayor Michael Bloomberg ripped Democratic Socialist Rep. Alexandria Ocasio-Cortez (D-NY), Sen. Elizabeth Warren (D-MA), and those embracing socialism instead of … Read more
by Altruistic_Camel Today Bloomberg has a news story about Equinox opening a new gym in New York City. (non-paywall) On the terminal this was under “Featured Stories” in TOP. It is under … Read more
via Bloomberg: If you’re looking for one of the worst ideas in contemporary banking, look no further than Germany. The mooted merger between Deutsche Bank AG and Commerzbank AG would make a mockery … Read more
Bloomberg article tl;dr – Compared with hard economic data, [market-based models that predict recessions are] more forward-looking. But not only can markets get it wrong, they’re also prone to rapid … Read more
via Bloomberg: It may be tiresome to read day in and day out, but everything seemed to stall the second the S&P 500 came within a couple of points from … Read more
by WhenLuggageAttacks Bloomberg article tl;dr – The December retail-sales report won’t be released as scheduled Wednesday while the Commerce Department remains closed. Failure to reopen soon also would delay last … Read more
via Bloomberg: The 14 percent drop in the S&P 500 Index last quarter has big implications for state and local pension funds, which probably saw the value of their assets … Read more
via Lu Wang Everyone knows profit growth is poised to cool this year. But by how much? Analysts who try to answer that question by looking at signals embedded in the … Read more
by markyu007 Largest positive changes to net worth Jeff Bezos (Amazon): +$24 billion Lei Jun (Xiaomi): +$8.6 billion Colin Huang (Pinduoduo): +$6.9 billion Largest negative changes to net worth … Read more
www.bloomberg.com/graphics/2018-corporate-debt/?srnd=premium Masayoshi Son and Elon Musk leveraged their dreams to the hilt. Patrick Drahi stockpiled debt to build a global cable empire. Michael Dell loaded his computer company with risky … Read more
Bloomberg: Grim Stock Signals Piling Up as Wall Street Mulls Recession Odds Nine turbulent weeks and a correction in U.S. stocks have left analysts with a thorny question. What’s the … Read more
Never waste a tragedy eh Mike?: archive.is/VpuEp
For almost six years, Washington secretly shackled JPMorgan Chase & Co., the nation’s biggest bank. Now the chains are off, thanks to bank-friendly regulators in the Trump administration. In actions … Read more
by COMPUTER1313 via Bloomberg: Federal student loans are the only consumer debt segment with continuous cumulative growth since the Great Recession. As the costs of tuition and borrowing continue to … Read more
by Michael Snyder It looks like it could be another tough week for global financial markets. As the week began, markets were down all over the world, and relations between … Read more
A major U.S. telecommunications company discovered manipulated hardware from Super Micro Computer Inc. in its network and removed it in August, fresh evidence of tampering in China of critical technology components bound for the U.S., … Read more