The Senate voted to roll back an Obama executive order that would have shut out businesses undergoing labor disputes from obtaining federal contracts. The Senate passed a resolution Monday evening to reverse the “blacklisting” rule, which would force companies to disclose any allegations of unfair labor practices when bidding for federal contracts. Previously, contractors were […]
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Secretary Ross Imposes $1.19B Fine Against Chinese Company…
Commerce Secretary Wilbur “Wolverine” Ross put the trade world on notice today when he announced a staggering $1.19 billion penalty on Chinese company ZTE for violating U.S. sanctions and selling electronics to Iran and North Korea. China’s ZTE has agreed to pay the United States the fine. Remember, in China all private businesses are politically […]
REPORT: Why Central Banks Were Forced To Rig The Gold Market…
According to newly uncovered information in the gold market, it provides additional evidence of why the Fed, Central Banks and the IMF were forced to RIG the gold market. Not only was the dropping of the Gold-Dollar peg going to release a great deal of pressure on the manipulated gold price, but forecasts of a […]
Global FBI Sting Arrests 20 in Israel of Fraud, Extortion, Money Laundering…
Suspects allegedly impersonated top executives of firms in US, France, Poland and India, and tricked lower-level staff into transferring them huge sums of company money. Israel Police arrested 20 people this week in conjunction with a global FBI sting against an international crime ring that has allegedly scammed tens of millions of dollars from individuals […]
How to Provide Universal Health Care Using This One Easy Trick by Ann Coulter…
The first sentence of Congress’ Obamacare repeal should read: “There shall be a free market in health insurance.” Right there, I’ve solved the health insurance crisis for 90 percent of Americans. Unfortunately, no one can imagine what a free market in health care looks like because we haven’t had one for nearly a century…
The Fed Has Now Set the Stage for An Ides of March Moment…
Whether or not one agrees that the Federal Reserve is preparing to raise rates again at its upcoming meeting this March, one thing is certain: The Fed. has done everything shy of setting its hair-on-fire to leave little doubt that they are seriously considering it. As of this past Friday the consensus (or odds) for […]
The End Of A 100 Year Global Debt Super Cycle Is Way Overdue…
For more than 100 years global debt levels have been rising, and now we are potentially facing the greatest debt crisis in all of human history. Never before have we seen such a level of debt saturation all over the planet, and pretty much everyone understands that this is going to end very, very badly […]
Arora Report: “Three-Quarters Of Today’s Market Surge Is From A Massive Short Squeeze”…
For those wondering what unleashed today’s ferocious post-Trump, post-hawkish Fed speeches rally, the reason may have nothing to do with optimism in the economy or another inflow of retail funds via ETFs, and everything to do with a buildup of bearish short positions ahead of Trump’s speech last night. According to an analysis by the […]
Wall Street Exec Jumps to His Death…
A 47-year-old financial company executive was killed Wednesday when he jumped from a luxury apartment building on the Upper West Side, authorities said. Kevin Bell jumped from a ninth-floor kitchen window at the famed Apthorp building on West End Avenue near West 79th Street around 7:20 a.m., a source told The Post. He landed on […]
Class-Action Lawsuit Against Kay and Jared Jewelry Company Alleges Widespread Sexual Harassment…
Sterling Jewelers, the parent company behind Jared the Galleria of Jewelry and Kay Jewelers, is facing a class-action lawsuit from hundreds of former employees who allege a widespread culture of sexual harassment that reached the upper levels of management. The Washington Post reports that about 250 former employees have made declarations alleging that women at […]
PayPal Accused of Diverting Charity Donations…
A class claims PayPal misled tens of thousands of customers about their charitable donations made on its giving platform and redirected money meant for unregistered charities to groups of its own choosing. Lead plaintiffs Friends for Health: Supporting the North Shore Health Center and Terry Kass sued PayPal Inc. and PayPal Charitable Giving Fund in […]
For Every Living-Wage Job, There Are Seven People Looking for Work…
Living-wage jobs are scarce in the United States. The People’s Action Institute (PAI), a national organization with the goal of achieving economic, racial, gender and climate justice, just released a study that reinforces the profound need for jobs that pay a wage people can live on. A PAI news release states…
Treasury Secretary Mnuchin on Economic Growth, Tax Policy…
Treasury Secretary Mnuchin covers budget, budgetary priorities, regulatory reform, tax simplification, middle class tax cuts, financial reform, the federal reserve and a ton more. Well worth your time to watch…
Minimum Wage Massacre: Wendy’s Unleashes 1,000 Self-Serve Terminals to Counter Higher Labor Costs…
In yet another awkwardly rational response to government intervention in deciding what’s “fair”, the blowback from minimum wage demanding fast food workers has struck again. Wendy’s plans to install self-ordering kiosks in 1,000 of its stores – 16% of its locations nationwide…
Dr. Doom Warns of Stock Market Selloff ‘Avalanche’…
Marc Faber, known as ‘Dr. Doom’ for his pessimistic views of equity markets, has warned investors that US stocks are vulnerable to a seismic selloff, which could start any moment. The Swiss investor doesn’t expect the rally’s disruption to be evoked by any catalyst, as the markets are overbought and sentiment is way too bullish […]
Prostitutes, False Billing, a $3 Billion Lawsuit: Oscar Mixup is the Least of PwC’s Problems…
PwC, formerly known as PricewaterhouseCoopers, is one of the Big Four accounting firms created in 1998 from the merger of Price Waterhouse and Coopers & Lybrand. Its namesakes are more than a century old. Unfortunately, PwC will henceforth be known as the accounting firm that provided presenters Warren Beatty and Faye Dunaway with the wrong […]
DNA Test Shows Subway’s Oven-Roasted Chicken Is Only 50 Percent Chicken…
According to a Canadian study, a DNA test showed only half of Subway’s oven-roasted patty is made with real chicken. Subway was among five fast-food restaurants whose chicken the Canadian Broadcast Corporation had tested. The results showed the Oven Roasted Chicken patties averaged 53.6 percent chicken DNA while the Sweet Onion Chicken Teriyaki strips came […]
U.S. Economy Slowed to a Drip in Fourth Quarter…
The U.S. economy expanded at a slower pace in the fourth quarter, as previously reported, and appeared to remain on a moderate growth path as President Donald Trump took office with a promise to reinvigorate manufacturing and protect jobs. Trump has pledged to boost annual economic growth to 4 percent through a mix of infrastructure […]
Bitcoin Is Rocking….
Bitcoin is at all-time high, with its value hitting $1,197.96 per coin on Friday and with over $18 billion of the digital currency in circulation. That’s well above its previous peak, in November 2013. At that time, the currency was trading at $1,163 per coin, with $13 billion in circulation. After that previous high four […]
California, Nestle, And Decentralization…
Nestle USA has announced that it will move its headquarters from Glendale, California, to Rosslyn, Virginia, taking with it about 1200 jobs. The once Golden State has lost some 1690 businesses since 2008 and a net outflow of a million of mostly middle-class people from the state from 2004 to 2013 due to its onerous […]
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