Category Archives: BUSINESS

Trump: We’ll ‘probably’ end up terminating NAFTA

President Donald Trump on Tuesday said he doubts the United States can reach a deal to renegotiate the North American Free Trade Agreement.

“Personally, I don’t think we can make a deal … I think we’ll end up probably terminating NAFTA at some point,” he said at a rally in Arizona of the efforts to tweak the three-nation deal with Mexico and Canada.

“I personally don’t think you can make a deal without a termination but we’re going to see what happens, OK? You’re in good hands, I can tell you,” he added.

FOLLOW THE LINK FOR THE FULL REPORT – JR 

https://www.cnbc.com/2017/08/22/trump-well-probably-end-up-terminating-nafta.html

Advertisements

Google Working with Liberal Groups to Snuff Out Conservative Websites?


Google revealed in a blog post that it is now using machine learning to document “hate crimes and events” in America. They’ve partnered with liberal groups like ProPublica, BuzzFeed News, and the Southern Poverty Law Center (SPLC) to make information about “hate events” easily accessible to journalists. And now, there are troubling signs that this tool could be used to ferret out writers and websites that run afoul of the progressive orthodoxy.
FOLLOW THE LINK FOR THE FULL REPORT – JR 

https://pjmedia.com/lifestyle/2017/08/19/propublica-working-google-document-hate-threatens-conservative-bloggers/

Facebook, Airbnb Go on Offense Against Neo-Nazis After Violence 

When white supremacists plan rallies like the one a few days ago in Charlottesville, Virginia, they often organize their events on Facebook, pay for supplies with PayPal, book their lodging with Airbnb and ride with Uber. Technology companies, for their part, have been taking pains to distance themselves from these customers.

But sometimes it takes more than automated systems or complaints from other users to identify and block those who promote hate speech or violence, so companies are finding novel ways to spot and shut down content they deem inappropriate or dangerous. People don’t tend to share their views on their Airbnb Inc. accounts, for example. But after matching user names to posts on social-media profiles, the company canceled dozens of reservations made by self-identified Nazis who were using its app to find rooms in Charlottesville, where they were heading to protest the removal of a Confederate statue.

FOLLOW THE LINK FOR THE FULL REPORT – JR 

https://www.bloomberg.com/news/articles/2017-08-17/facebook-airbnb-go-on-offense-against-neo-nazis-after-violence

Trump accuses Amazon of hurting ‘tax paying retailers’ – POLITICO

President Donald Trump lashed out again Wednesday morning at the online retailer Amazon, accusing it of harming “tax paying retailers” and stripping jobs from towns and cities across the country.

“Amazon is doing great damage to tax paying retailers. Towns, cities and states throughout the U.S. are being hurt – many jobs being lost!” the president wrote online just after 6 a.m. Wednesday.

FOLLOW THE LINK FOR THE FULL REPORT – JR 

http://www.politico.com/story/2017/08/16/trump-tweet-amazon-hurts-retailers-241685

Record Number Of Fund Managers Say “Stocks Are Overvalued” As They Rush To Buy Nasdaq | Zero Hedge


Another month, another paradox emerges in the latest Bank of America Fund Managers Survey, which on one hand reveals that a record number, or 46%, of Wall Street respondents say stocks are “overvalued”…
FOLLOW THE LINK FOR THE FULL REPORT – JR 

http://www.zerohedge.com/news/2017-08-15/record-number-fund-managers-say-stocks-are-overvalued-they-rush-buy-nasdaq

Jim Rogers says the ‘biggest crisis in his life’ is less than a year away – The Financial Express

Jim Rogers, the renowned co-founder of Quantum Fund believes that there’s an impending crisis, and it’s much sooner than you think. “We could see the worst crash in my entire life pretty soon,” said Jim Rogers in a recent conversation with Kitco news. Jim Rogers founded the Quantum Fund alongside George Soros, who is regarded as one of the most successful investors of all time. From 1970 to 1980, their portfolio returned 4200% while the S&P had posted paltry returns of about 47%

FOLLOW THE LINK FOR THE FULL REPORT – JR

http://www.financialexpress.com/market/jim-rogers-says-the-biggest-crisis-in-his-life-is-less-than-a-year-away/802645/

Greenspan: Bond bubble about to break because of ‘abnormally low’ interest rates

Former Federal Reserve Chairman Alan Greenspan issued a bold warning Friday that the bond market is on the cusp of a collapse that also will threaten stock prices. In a CNBC interview, the long-time central bank chief said the prolonged period of low interest rates is about to end and, with it, a bull market in fixed income that has lasted more than three decades. “The current level of interest rates is abnormally low and there’s only one direction in which they can go, and when they start they will be rather rapid,” Greenspan said on “Squawk Box.”

FOLLOW THE LINK FOR THE FULL REPORT – JR

https://www.cnbc.com/2017/08/04/greenspan-bond-bubble-about-to-break-because-of-abnormally-low-interest-rates.html

The Elites Are Privately Warning About A Crash | Zero Hedge

Many everyday citizens assume powerful global financial elites operate behind closed doors in secret conclaves, like the scene of a Spectre board meeting in the recent James Bond film. Actually, the opposite is true. Most of what the power elite does is hidden in plain sight in speeches, seminars, webcasts and technical papers. These are readily available from institutional websites and media channels. It’s true that private meetings occur on the sidelines of Davos, the IMF annual meeting and G-20 summits of the kind just concluded. But the results of even those secret meetings are typically announced or leaked or can be reasonably inferred based on subsequent policy coordination.

FOLLOW THE LINK FOR THE FULL REPORT – JR

http://www.zerohedge.com/news/2017-07-25/elites-are-privately-warning-about-crash

As Gas Prices Fall to 12-Year Low, Schumer Claims Gas Prices ‘Never Go Down’ :: Grabien News

Even as gas prices have fallen to the lowest point in years under President Trump, Senate Minority Leader is claiming the price of petrol has only gone up.

The nationwide price for gas closed the week of July 17th at $2:39/gallon, down from $2.47/gallon when Trump took office.

Over the July 4th holiday weekend, gas prices were at their lowest point since 2005, according to the AAA.

FOLLOW THE LINK FOR THE FULL REPORT – JR 

https://news.grabien.com/story-gas-prices-fall-12-year-low-schumer-claims-gas-prices-never

Verizon says personal data of 6 million users leaked online | Charlotte Observer

The personal data of 6 million Verizon users has leaked online, the company said Wednesday.

“Human error” caused the leak, Verizon told CNN Tech.

The error, a misconfigured security setting on a cloud server, made customer phone numbers, names and some PIN codes publicly available online, CNN Tech reported. PIN codes are used to confirm the identity of people who call for customer service, the media outlet said.

No loss or theft of customer information occurred, Verizon told CNN Tech.

Cybersecurity firm UpGuard found the leak. UpGuard initially reported the error could impact up to 14 million accounts, multiple media outlets reported.

FOLLOW THE LINK FOR THE FULL REPORT – JR 

http://www.charlotteobserver.com/news/local/article161084444.html