USS Dwight D. Eisenhower (CVN-69) returns to its homeport of Norfolk, Va. after being sent to sea to avoid the effects of Hurricane Dorian on Sept. 5, 2019. US Navy PhotoR The Navy will cut about 1,000 civilian jobs in …
by Chris Vermeulen of The Technical Traders Last week, the US Federal Reserve reiterated statements in support of continued easy money policies and support for a recovering US economy. Additionally, Jerome Powell made a statement suggesting tightening too early could be much more …
A Delaware charter school will pay parents up to $700-per-year to drive their own children to school as it grapples with a shortage of bus drivers. EastSide Charter School in Wilmington said it will to offer the incentive to parents …
In today’s show, you will learn how the Fed could send 30-year mortgage rates down to one percent, why the Federal Funds Rate no longer matters, how Quantitative Easing and Tightening works, How overnight repurchase and reverse repurchase work, why …
by Chris Kimble Inflation pressures are increasing as the economy tries to digest a prolonged period of higher commodity prices. While select commodities have pulled back (and this has investors hopeful that inflation moderates), the broader commodities arena remains elevated. …
At least one person is dead and a dozen hurt after 8 shootings in West Valley area of metro Phoenix (CNN)Four people were shot — one fatally — as a gunman went on a shooting spree in the northwest suburbs …
As policymakers nationwide consider minimum wage hikes, executives at McDonald’s are testing new ways to automate their restaurants. During an investor conference last week, McDonald’s CEO Chris Kempczinski announced that the fast food giant is experimenting with voice-ordering technology at …
by Adam Taggart, Founder, Wealthion Rick Rule has invested in hundreds of public and private mining, drilling & farming ventures over his long career as a natural resources investor. And based on that expertise, he sees a very bright future …
(Kitco News) – Copper‘s unprecedented run to a 10-year high of $10,000 per tonne on the London Metals Exchange (LME) could just be the start of a much larger uptrend, according analysts at Bank of America. In a report Monday, the bank’s …
By Tsvetana Paraskova After rallying more than 30 percent year to date, oil prices could be set for a further upside in coming weeks as a combination of near-term bullish supply-side factors could push prices higher than current levels. Over …
by confoundedinterest17 Fed Chair Jerome Powell is singing “Take it easy.’ The Federal Reserve risks stoking the same sort of asset bubbles that Chairman Jerome Powell has linked to the last two recessions with its new-found eagerness to fan inflation. The Fed’s …
Researchers from Keen Labs in China, one of the most widely respected cybersecurity research groups in the world, have successfully hacked a Tesla Model S autopilot system and forced the car to drive into an oncoming lane. The wiley white …
The computers’ hard drive can be used as a microphone, allowing intruders to listen to the conversations between people around the device. To demonstrate how to turn a computer hard drive into a microphone, Connor Bolton and his colleagues at …
by SlovakPotato007 Apple products are overpriced and not aligned with the market (30-40% price increase on most hardware products in 2018) There are many better or equal phones for 40-50% less (its important since iPhone is a significant portion …
via Twitter: For example: He’s even got Hillary Clinton, of all people, telling us that actions have consequences. A consequence of Hillary’s actions in Libya — “we came, we saw, he died” — was black people being sold as slaves in open-air slave markets. So …
Aug 31 – FS Insider interviews well-known forecaster, strategist, and market historian Martin Armstrong on how overseas problems are continuing to drive capital into US markets, when he believes the Dow may…
During the Swamp Watch segment on the Sunday broadcast of his Fox News Channel show, “The Next Revolution,” Steve Hilton discussed the Government Accountability Institute’s new book, Compromised: How Money and Politics Drive FBI Corruption. The book details how former FBI Director …
by WSBsh*tposter Since Google got fined is Amazon next? I think Jeff Bezos is very smart, it’s hard to pin down an extremely obvious anti-trust issue for Amazon because it doesn’t make that much a profit unlike Google, but rest …
Wolf Richter with Jim Goddard on This Week in Money: A wide-ranging interview on the auto industry, plus how mortgage rates impact housing markets in the US and Canada, and how the brick-and-mortar meltdown is hitting the mall segment of commercial …
by DCG The streets of San Francisco… SF is a sh*thole. Shocker, not. From SF Gate: In a move that is alarming San Francisco’s biggest industry, a major medical association is pulling its annual convention out of the city — saying its …
New scams come out every month or even every week and you don’t want to risk falling for them and lose your money, car, or even get seriously injured. New scams are often advanced variations of some long-running criminal schemes, …
From Birch Gold Group Gold is a finite resource. According to a recent study in Science Daily, most of the available gold was initially deposited in the Earth’s mantle (emphasis ours): The removal of gold to the core should leave the outer portion …
via ECONOMIST Interest rates are heading higher, and that is likely to put financial markets under strain. Investors and regulators would both dearly love to know where the next crisis will come from. What is the most likely culprit? Financial crises …
by John Rubino Back in the 1500s, a financial agent of Queen Elizabeth I named Thomas Gresham observed that that “bad money drives out good.” That is, if two kinds of money are circulating at the same legal value, people …
This article argues that the recent drama surrounding Facebook is almost entirely manufactured with the ultimate goal of increasing the censorship of the internet. The growth of working-class opposition is the real target of the media firestorm over Facebook’s alleged …
by DCG Dan Rather would approve this message. Pramila Jayapal is a progressive US representative from Washington’s 7thcongressional district. She was born in India and is a “civil rights activist,” a big fan of the $15 minimum wage and supports free community …
by DudeYerRidic Hey fellow conspirators… This is my own theory I’ve drawn from connecting dots. First, The dots; Recently DARPA has been involved in many different “gene drive” technologies. https://eandt.theiet.org/content/articles/2017/12/darpa-invests-100-million-in-gene-drive-technology/ The U.S. federal government is also pressing companies like 23andMe as …
by Gordon T Long SELF INFLICTED ABUSE In the fall of 2015 we released a video study entitled: “The Coming Global Auto Abyss – Too Much Supply, Too Many Brands; Combine with Too Much Credit!”. We concluded that low interest rate …