Consumers spend at fastest pace in four months in a sign of spring economic rebound

WASHINGTON — Americans ratcheted up their spending in April at the fastest pace in four months in a sign the economy has rebounded this spring after a lackluster winter. The new data also could help push Federal Reserve officials to hike a key interest rate again when they meet in two weeks. Personal consumption expenditures increased… Please follow and like us:

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Marking Memorial Day, Trump Notes Ongoing Battle on Terror

U.S. President Donald Trump on Monday paid tribute to “a new generation of American patriots” who, he said, “are fighting to win the battle against terrorism.” They are “risking their lives to protect our citizens from an enemy that uses the murder of innocents to wage war on humanity itself,” added Trump. He made the remarks… Please follow and like us:

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China, Germany eye 3-facet cooperation to link development strategies

BEIJING — As Chinese Premier Li Keqiang kicks off an official visit to Germany from Wednesday, the two countries are set to enhance their digitalization and other cooperation, and promote policy support and company exchanges while linking development strategies. Unveiled in May 2015, the “Made in China 2025” plan helps transform China from a manufacturing giant… Please follow and like us:

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5 Myths About ETFs and Mutual Funds

The concept of “fake news” is certainly not foreign to most ETF investors. The ETF industry has experienced exponential growth over the past two decades, and with that progression also comes an influx of self-styled experts. A Twitter handle, blog, website or even a guest appearance on a television show can now provide platforms for such… Please follow and like us:

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Oil surges after Saudis and Russians agree to production cut

All seemed quiet in the markets Monday with Asian equities rising, European shares dropping, and the S&P500 futures showing little change. But beneath this calm exterior a long awaited bounce was brewing. Brought on by months of planning and machinations involving more than a dozen governments with two leading the charge. The long anticipated agreement between… Please follow and like us:

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DIPLOMACY – Merkel’s blunt speech sparks fears of rupture in transatlantic pact

German Chancellor Angela Merkel hinted that a major geostrategic shift may be under way when she told a Munich rally on Sunday that Europe must fight “for our destiny” in the wake of Brexit and an apparent US withdrawal from the world stage. Speaking to some 2,500 supporters at an election rally in Munich, Merkel said… Please follow and like us:

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Financial Choice Act Faces Uncertain Future

While the Financial Choice Act of 2017, the Republican bill to derail Dodd-Frank and Labor’s fiduciary rule, passed out of the House Financial Services Committee in early May, chances of getting it through the Senate fully intact — and passed into law this year — are unlikely. After three days of raucous debate, the Financial Choice… Please follow and like us:

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Your iPhone’s Mobile Data Can Be Turned off Without Passcode, Using Siri

Apple’s voice assistant, Siri, lets other people access your iPhone, surpass the passcode protection and turn off cellular data, a user said Friday. iPhone users can access Siri from their lockscreen and with the voice assistant embedded into many apps and services on the phone, this relatively minor bug might be an indication of bigger vulnerabilities.… Please follow and like us:

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From Bitcoin to Big Business, Blockchain Technology Goes Mainstream

The technology behind bitcoin and other cryptocurrencies is being looked at by more conventional companies and businesses. Known as blockchain, it is a public digital ledger that keeps a running tally of all cryptocurrency transactions within a distributed network of computers. Once they are recorded, transactions cannot be edited or removed, thus adding to the “chain.”… Please follow and like us:

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JPMorgan: As Market Yawns At OPEC Production Cuts, Watch Price of Oil Drop Further

As the price of oil dropped significantly Thursday, moving from a high near $52 into the $48 region, JPMorgan says the downdraft is likely to be reflective of OPEC production cuts priced into the market. While WTI is higher in mid-afternoon trading, the price might ultimately find a gravitational pull lower, the report noted. LAGRANDEENTREPRISE /… Please follow and like us:

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List Of Famous Whistleblowers

Whistleblowers have been impacting history for years. While many choose to remain anonymous, other whistleblowers make their identity public. In recent times, NSA leaker Edward Snowden and WikiLeaks founder Julian Assange have been popular whistleblowers. While Snowden has taken refuge in Russia, Assange has been living in the Ecuadorean embassy in London for nearly five years.… Please follow and like us:

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Jared Kushner under fire over reported talks with Russian ambassador

President Trump’s senior advisor and son-in-law, Jared Kushner, is under fire for a series of new allegations involving his past interactions with Russia’s ambassador to the United States, Sergei Kislyak. Mr. Kushner spoke with Moscow’s envoy last year about creating a covert channel that would let Mr. Trump’s transition team communicate privately with the Kremlin off… Please follow and like us:

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Trump wants bilateral trade deals but individual nations can’t do it or are reluctant

WASHINGTON �� In his first swing through Europe as president, Donald Trump left little doubt that he would pursue his “America first” policy in economic relations, creating a stir by denouncing Germany’s trade surplus with the U.S. and promising to end it. “The Germans are bad, very bad,” Trump was quoted as saying during a meeting… Please follow and like us:

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The Texas Bullion Depository: Restoring the Gold Standard

WASHINGTON, May 26, 2017 – On June 12th, 2015, the Texas legislature signed into law Bill Number 483, bringing to life the Texas Bullion Depository. The state of Texas owns about $660 million dollars worth of gold bullion that is currently housed in a vault in HSBC Bank in New York City. The recently passed bill… Please follow and like us:

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How Gary Cohn Could Sell US Infrastructure To Goldman Sachs

President Donald Trump’s administration this week touted an infrastructure plan that would sell off public assets to private financial firms. Left unsaid in the White House promotional materials was any mention that the Trump aide who is overseeing the initiative comes from a Wall Street firm that says it is seeking to buy up the very… Please follow and like us:

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