T-Room

The Best in Alternative News

Finance

Latest News

at

U.S. Created 209,000 Jobs in July, vs 183,000 Jobs Expected…

The U.S. economy continued a strong summer, adding 209,000 jobs in July while the unemployment rate fell to 4.3 percent, the lowest since March 2001, according to a government report Friday. Economists surveyed by Reuters had expected the report to show growth of 183,000; the unemployment rate met expectations. A more encompassing rate that…

at

Martin Shkreli Convicted Of Securities Fraud…

Moments ago, the Martin Shkreli jury announced its verdict, and while the ex-pharma exec was found not guilty on 5 of 8 counts, he was also found guilty on 3 of 8 counts, namely count 3: Securities Fraud, count 6: Securities Fraud, and count 8: Conspiracy to Commit Securities Fraud. As a result, as Bloomberg […]

at

Soon U.S. Will Deal with a Shortage of 90k Doc’s…

America will soon face a shortage of as many as 90,000 doctors. CBS2’s Dr. Max Gomez reports a combination of retiring doctors and increasing demand will lead to a significant need for primary care physicians. But some medical schools are working to ease the problem. Dr. Katelyn Norman just started her internal medicine residency at […]

at

Ben and Jerry’s Faces Boycott Threats…

Ben & Jerry’s — a brand famous for its quality and eco-friendly practices — is under fire after a test uncovered a controversial ingredient in its ice cream. The Organic Consumers Association (OCA) found glyphosate, the main ingredient in weedkillers like Roundup, in 10 out of 11 samples of the company’s ice cream flavors, the […]

at

More Than 6,300 Retail Stores Are Shutting Down-the Full List…

Retailers are closing thousands of stores following years of declines in sales and customer traffic. We compiled a list of the 6,375 closures that have been announced so far in 2017. Some retailers have released lists of which of their locations will be closing. To find out if a store near you is shutting down, […]

at

Dow Cracks 22,000, Apple Rally Leaves Other Tech Behind…

The Dow peaked above the 22,000 mark for the first time on Wednesday, powered by Apple’s healthy quarterly iPhone sales, while weakness in other tech stocks pulled the Nasdaq and S&P 500 lower. Apple jumped 4.90 percent to a record high after the world’s largest publicly listed company reported strong results. It is up about […]

at

Bitcoin Forks…

Bitcoin, a digital currency worth $43 billion USD, is in uncharted and potentially risky territory after a split created two versions on Tuesday: the original bitcoin that’s existed since 2008, and the new Bitcoin Cash, which aims to be a more populist alternative. The split in the network was triggered on Tuesday afternoon (all times […]

at

Trump, GOP Senators Champion Bill to Cut Legal Immigration Levels…

President Trump joined two Republican senators on Wednesday to champion legislation overhauling legal immigration in America, calling for a merit-based system that would significantly cut admissions over the next decade. Speaking at the White House, the president called it “the most significant reform to our immigration system in a half century”…

at

New Rule Makes it Easier to Get a Mortgage with Student Loan Debt…

For millions of Americans drowning in student loan debt, the prospect of getting a mortgage might seem out of reach. Last week, Fannie Mae changed underwriting rules that could make it much easier for people with student loan debt to qualify for a mortgage. Here are the details. The new rule impacts people with federal […]

at

A Quarter Trillion Dollars in U.S. Savings Was Just “Wiped Away…

As part of its historical revision to GDP, the BEA also had to adjust personal income and spending, with the full results released in today’s July report. What it revealed was striking: over the revised period, disposable personal income for US household was slashed cumulatively by over $120 billion to just under $14.4 trillion, while […]

at

U.S. Government Ordered to Solve ‘Case of the Incredible Shrinking Airline Seat’…

U.S. aviation authorities were ordered back to the drawing board on Friday to solve what a federal appeals judge called “The Case of the Incredible Shrinking Airline Seat.” Judge Patricia Millett told the Federal Aviation Administration to take another look at an advocacy group’s assertion that shrinking airline seats are imperiling passenger safety…

at

Why Illinois Is In Trouble – 63,000 Public Employees With $100,000+ Salaries Cost Taxpayers $10B…

Illinois is broke and continues to flirt with junk bond status. But the state’s financial woes aren’t stopping 63,000 government employees from bringing home six-figure salaries and higher. Whenever we open the books, Illinois is consistently one of the worst offenders. Recently, we found auto pound supervisors in Chicago making $144,453; nurses at state corrections […]

at

‘Sophisticated’ Ethereum Hack Steals $8M Worth of Cryptocurrency…

Hackers struck the Ethereum platform twice in consecutive weeks – this time stealing more than $8 million worth of cryptocurrency in the second Initial Coin Offering (ICO) heist. Veritaseum, the peer-to-peer software firm at the center of the hack, confirmed the theft Monday. The firm’s founder, Reggie Middleton, explained the incident on the Bitcoin Talk […]

at

IRS Doled Out More Than $24B in Potentially Bogus Refunds…

The IRS doled out more than $24 billion in potentially bogus refunds claimed under several controversial tax credits in 2016, according to a new audit that said $118 million was even paid to people who weren’t authorized to work in the U.S. in the first place. Some $16.8 billion in payments were made on improper […]

at

SHOCKER: Colleges Stop Exorbitant Price Increases After Congress Caps Student Loans…

America’s colleges and universities have finally stopped their practice of annually gouging students with price increases for tuition, fees and room and board — to the accumulated tune of a growth rate of 400 percent in the last three decades. Labor Department statistics collected by The Wall Street Journal show that aggregate tuition increases in […]

This website lives off the kindness of your donations. If you would like to support The T-Room please visit our PayPal.

Any publication posted at The T-Room and/or opinions expressed therein do not necessarily reflect the views of The T-Room. Such publications and all information within the publications (e.g. titles, dates, statistics, conclusions, sources, opinions, etc) are solely the responsibility of the author of the article, not The T-Room.