Bloomberg: Your paycheck is now worth 3.1 percent less than last year thanks to Biden’s inflation tax pic.twitter.com/coxeAFZi7O — Tom Elliott (@tomselliott) May 28, 2021 NOTHING BUT RED INK AS FAR AS THE EYE CAN SEE: That’s Hans Bader’s assessment of Biden’s …
President Biden holds a copy of his daily schedule during his Pittsburgh speech. 9:45 AM – Proceed to Oval Office 12:15 PM – Lunch 12:45 PM – Cabinet meeting prep pic.twitter.com/c3A02JCLUy — Jordan Fabian (@Jordanfabian) March 31, 2021 https://www.waynedupree.com/2021/03/joe-biden-daily-schedule/
via fair.org: You may not know it, but bloated Pentagon budgets are actually “progressive.” Or so says a recent opinion piece in Bloomberg News (3/17/19), “Progressives Should Learn to Love the Pentagon Budget,” by Hal Brands. Bloomberg identifies Brands as the “Henry Kissinger Distinguished Professor …
Guggenheim’s Minerd Says the Fed Has ‘Returned the Punch Bowl’ Scott Minerd, Guggenheim Partners co-founder, reacts to the decision by the Federal Reserve’s policy-setting Federal Open Market Committee to leave rates unchanged and scale back the Fed’s projected interest-rate …
In one sense, Lyft and Uber are like eBay, Priceline, GrubHub, Craigslist and other “marketplace” businesses that match willing buyers with willing sellers. A marketplace is one of the established business models for technology companies, and investors are relatively comfortable assessing …
via Bloomberg: The renewed rally in U.S. equities has left volatility markets showing little concern that the good times will end any time soon. Recession models beg to differ. Wells Fargo’s model — which draws on the spread between three-month …
https://www.bloomberg.com/news/articles/2019-02-16/u-s-student-debt-in-serious-delinquency-tops-166-billion?srnd=premium Student-loan delinquencies surged last year, hitting consecutive records of $166.3 billion in the third quarter and $166.4 billion in the fourth. The total in arrears is about twice the amount the U.S. Treasury provided to bail out the auto …
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 capitalism. I believe he’s an Independent currently, but he changes …
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 “Businessweek” on their website. Not their lifestyle section, not their Pursuits magazine, just smack …
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 of any notion that EU governments are serious about ending …
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 reversal, undermining their reliability as the harbingers of doom. “You …
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 touching the ~2,600 resistance line. The brakes aren’t strictly being …
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 month’s personal income and spending data, due by Jan. 31. …
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 fall by about 7 percent. Investors with the benefit of a …
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 stock market are coming up with some worrisome numbers. Going …
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 Georg Schaeffler (Schaeffler Group): -$13.6 billion Amancio Ortega (Zara): -$16.6 …
https://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 loans to buy out activists threatening his control. And a …
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 market saying about the economy? And while few see incontrovertible …
Never waste a tragedy eh Mike?: http://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 never before made public, Obama administration regulators prevented the bank …
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 rise, the result is a widening default crisis that even …
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 the United States and Saudi Arabia have taken a sudden …
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., according to a security expert working for the telecom company. …
by DCG The city of Seattle – like many west coast, progressive run cities – has many, many problems (homelessness, needles left on the streets, open drug use, feces and urination on the streets, increased crime due to lack of …
https://www.bloomberg.com/graphics/2018-tesla-tracker/ With all of the posts on Elon’s personality going on, I figure I might as well post something that’s actually relevant to TSLA the company itself. Its hard to keep up with all the rumors behind the Model 3’s …
WINNING: August Job Creation Rebounds — “Fueled By Tax Cuts,” Notes AP, Bloomberg. Do Democrats really want to run on reversing December’s tax cut? The August job report beat expectations, as the US economy added 201,000 jobs last month and the U-3 unemployment rate held steady …
by SP Bloomberg carried the following article about wealthy US “tech titans” plotting bolt holes in New Zealand to escape the Zombie Apocalypse. “If you’re the sort of person that says ‘I’m going to have an alternative plan when Armageddon strikes,’ …
Bloomberg Verified account @business Making America great again isn’t proving so great for other parts of the world Making America great again isn’t proving so great for other parts of the world https://t.co/iy0POmDAqb — Bloomberg (@business) August 22, 2018 MB …
I have mixed feelings about Prof. Lev’s theory- aren’t you just frontloading the cost of these intangibles into early years resulting in higher profits on books later, so it “all comes out in the wash?” https://www.bloomberg.com/news/articles/2018-06-06/what-s-a-stock-worth-in-new-economy-accounting-has-its-critics On paper, Autodesk Inc. is a …
by DCG Bloomberg founded Everytown for Gun Safety. It’s ALWAYS ABOUT CONTROL with demorats. From Daily Mail: Former mayor of New York City Michael Bloomberg said he supports regressive taxes, meaning taxes that end up costing poor people proportionately more money than their more …