US Economic Growth Speeds Up Slightly

The world’s largest economy shook off the impact of several hurricanes and grew a bit faster than first thought in July, August, and September. On Wednesday, U.S. government experts said the economy expanded at a 3.3 percent annual rate in the third quarter, which is three-tenths of a percent faster than their first estimate. Officials routinely… Please follow and like us:

Read More

Investors Pile Into Industrials Following Largest Outflows Ever

Last week I covered Bank of America’s weekly client flow trends report for the week ending 17 November, where the main takeaway was that private investors have started buying stocks again. Get The Timeless Reading eBook in PDF Get the entire 10-part series on Timeless Reading in PDF. Save it to your desktop, read it on… Please follow and like us:

Read More

Bitcoin and Ethereum 101 – [Complete Beginner Guide]

1. What’s a cryptocurrency? So that you need to study Ethereum and Bitcoin? First you should know what a cryptocurrency is. A cryptocurrency is a forex that solely exists on the web. It’s a digital forex. “However why is it referred to as a cryptoforex?” Crypto comes from the phrase cryptography. Cryptography retains your forex protected… Please follow and like us:

Read More

Repeal Dodd-Frank, eliminate the Consumer Financial Protection Bureau

WASHINGTON, November 29, 2017 – While there is currently a debate about who is actually in charge of the Consumer Financial Protection Bureau (CFPB), maybe this is a good time to talk about eliminating the CFPB entirely. Dodd-Frank and the Consumer Financial Protection Bureau In 2010 Congress passed the Dodd-Frank bill which was designed to reform… Please follow and like us:

Read More

Britain ‘agrees to pay’ EU’s Brexit divorce bill

European Union sources say the United Kingdom has offered to pay much of what Brussels was demanding to settle the so-called “divorce bill” – a crucial condition for moving Brexit negotiations on to future relations including a future free trade agreement. Numerous reports quote EU diplomats as saying that the British have made an offer that… Please follow and like us:

Read More

3 final CEE countries align with Belt, Road Initiative

Estonia, Lithuania and Slovenia sign as Li meets with leaders China has signed memorandums of understanding with Estonia, Lithuania and Slovenia to promote the Belt and Road Initiative, signaling that all 16 Central and Eastern European countries have agreed to align with the initiative. Last November, Latvia signed such a document during the fifth China-CEEC leader’s… Please follow and like us:

Read More

Dark Web Drug Sites Grow Despite Major Police Busts

The illegal drug market on the so-called dark web is growing rapidly according to a report that showed a crackdown on more than 20,000 rogue websites on the open web has forced vendors to underground sites. The report by Europol and the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA published Tuesday warned that criminals… Please follow and like us:

Read More

Humans still rule drone racing, but NASA’s AI pilot might change that

How an AI-guided drone works, and why it lost. This drone means business. NASA/JPL-Caltech In a California warehouse in October, quadrocopter drones zoomed and buzzed, racing through an obstacle course of black-and-white checkered arches. On one team: drones guided by software and AI, the work of a team from NASA’s Jet Propulsion Laboratory. On the other:… Please follow and like us:

Read More

Slobodan Praljak reported dead after drinking poison

A commander of Bosnian Croat forces during the Bosnian War has reportedly died after drinking what he claimed to be poison at the war crimes court for the former Yugoslavia in The Hague. The death on Wednesday was reported by Croatian state TV. Upon hearing that his 20-year prison sentence had been upheld, General Slobodan Praljak… Please follow and like us:

Read More

US Fed nominee Powell: Case for raising rates in Dec ‘coming together’

President Donald Trump’s pick to lead the US Federal Reserve said Tuesday there is a strong case for raising the benchmark interest rate at the central bank’s December policy meeting. In an unusually direct comment for normally-reticent central bankers, Fed governor Jerome Powell told the Senate Banking Committee, “I think that the case for raising interest… Please follow and like us:

Read More

Trump Heading to Capitol Hill to Rally Support for Tax Vote

U.S. President Donald Trump is heading to Capitol Hill to meet Tuesday with Republican senators as he rallies support for a tax reform bill set to come to a vote later this week. After talks with the president on Monday, Senate leaders confirmed their intention to vote on the massive plan that would permanently cut corporate… Please follow and like us:

Read More

Army Spent $100 Million On Intelligence System It Never Used, NSA Leak Says

An unsecured, public database maintained in part by the United States National Security Agency contained information about a $100 million Army intelligence project that was never deployed. The publicly accessible database, which was discovered by security researcher Chris Vickery of security firm Upguard, contained more than 100 gigabytes of data from the now-defunct “Red Disk” program.… Please follow and like us:

Read More

Bitcoin Futures, Elon Musk And Michael Novogratz

If there’s one thing you count on with Bitcoin, it’s that the cryptocurrency is never dull. The week, the value of Bitcoin has exploded to a record high. At the time of writing, the price as shown by Coindesk is just under $9,900, near the psychologically important $10,000 level for the first time. In overnight trading,… Please follow and like us:

Read More

Trump’s pick for ‘watchdog’ agency sets hiring freeze

Mick Mulvaney, director of the Office of Management and Budget and President Trump’s selection for acting director of the Consumer Financial Protection Bureau (Photo: Flickr) WASHINGTON – White House budget director Mick Mulvaney says he has ordered a 30-day suspension on regulations and a hiring freeze at the Consumer Financial Protection Bureau amid a contentious legal… Please follow and like us:

Read More

How Exchange Rules Can Ease Turbulent Markets

Most Mondays we all just want to ease into the week, uneventfully. But on one particular Monday, a large overnight selloff in the Chinese equity market had many market observers anticipating a less than smooth start to Aug. 24, 2015. Shortly after the opening bell, the Dow Jones Industrial Average Index tumbled 6% and the S&P… Please follow and like us:

Read More