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October’s Market Rout Leaves Stock, Bond And Real Estate Investors With No Place To Hide (#GotBitcoin?)

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Triple breakdown in stock, real estate and bond prices has upended investors’ traditional safety tool kit, leaving many with losses. October’s Market Rout Leaves Stock, Bond And Real Estate Investors With No Place To Hide A brutal October selloff across stocks and bonds has tested investors’ resolve in a way not…

Home Prices Continue To Lose Momentum (#GotBitcoin?)

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Gains fell below 6% in August as slowdown in housing market becomes more widespread. Annual home-price gains fell below 6% for the first time in a year in August, another sign that the slowdown in the housing market is becoming widespread and is likely to persist in the months to…

Credit-Card Spending Limits In the Crosshairs As Issuers Grow Cautious (#GotBitcoin?)

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Capital One and Discover are pulling back on some consumers as economy ‘almost feels too good to be true’. Credit-Card Spending Limits In the Crosshairs As Issuers Grow Cautious Two of the biggest credit-card issuers are tightening lending standards, an unusual move in a strong economy that may signal longer-term concerns…

Treasury Expects To Issue Over $1 Trillion In Debt In 2018 (#GotBitcoin?)

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Debt issuance this year could be highest since 2010, the Treasury said, as higher government spending and stagnant tax revenues have pushed the deficit higher. Treasury Expects To Issue Over $1 Trillion In Debt In 2018 The U.S. Treasury Department estimates it will issue more than $1 trillion in debt this…

U.S. Economy Flashes Signs It’s Downhill From Here (#GotBitcoin?)

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A slowdown in growth would have big implications for stocks, the Fed and President Trump. U.S. Economy Flashes Signs It’s Downhill From Here What if that was as good as it gets? The Commerce Department reported Friday that U.S. gross domestic product expanded at a 3.5% annual rate in the third…

Chinese Firms Snap Up U.S. Sites To Process Scrap (#GotBitcoin?)

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Pellet, box makers buy and build plants to reconfigure waste too dirty for export to China. Chinese Firms Snap Up U.S. Sites To Process Scrap Chinese companies are setting up shop in the U.S. to obtain the scrap paper and plastic their government has deemed too dirty to import. U.S. shipments…

There Have Been 47,220 Gun Incidents In The U.S. In 2018 And Only 3.1% Involve The Defensive Use of Weapons (#GotBitcoin?)

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As rich, advanced and accomplished as the country might be, the U.S. has somehow not been up to the task of coping with the plague of gun violence. There Have Been 47,220 Gun Incidents In The U.S. In 2018 And Only 3.1% Involve The Defensive Use of Weapons  But as the…

401(k) Rule Change Would Ease Small Companies’ Path To Joint Plans (#GotBitcoin?)

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Labor Department’s proposal is latest effort to address a retirement savings deficit. 401(k) Rule Change Would Ease Small Companies’ Path To Joint Plans A new Labor Department rule would make it easier for small businesses to offer 401(k) plans, part of an effort to close a retirement-plan coverage gap that affects…

Trump Offers Test Plan To Lower Medicare Drug Costs (#GotBitcoin?)

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Under proposal, some drugs would shift to prices closer to those in other countries. Trump Offers Test Plan To Lower Medicare Drug Costs President Trump on Thursday offered a plan to drive down the price Medicare pays for some drugs, a move that could save taxpayers billions of dollars but also…

Bull Market’s Latest Hurdle: Slowing Sales Growth (#GotBitcoin?)

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Many S&P 500 companies point to cautious customers, rising costs and a stronger dollar as reasons for weaker quarterly performance. Bull Market’s Latest Hurdle: Slowing Sales Growth Revenue growth at U.S. companies (including Amazon and Google) is slowing, stirring concern that a corporate-profit boom that has driven the Dow Jones Industrial…

Mobile Justice App. (#GotBitcoin?)

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Cell phones are making it easier for the public to document arrests and other police actions, as seen in the police shooting of Walter Scott in South Carolina, and the arrest of Freddie Gray in Baltimore. Mobile Justice App. [caption id="attachment_4628" align="alignnone" width="960"] American Civil Liberties Union of Oklahoma spokesperson Allie…

FICO Plans Big Shift In Credit-Score Calculations, Potentially Boosting Millions of Borrowers (#GotBitcoin?)

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Consumers with a low FICO could get a higher UltraFICO, a new score that factors in bank-account activity as well as loan payments. FICO Plans Big Shift In Credit-Score Calculations, Potentially Boosting Millions of Borrowers Credit scores for decades have been based mostly on borrowers’ payment histories. That is about to…