39 Million Households Including Most US Children To Get Up To $3,600 Stimulus In Monthly Payments In the latest evolution of creeping Universal Basic Income, Biden administration officials said on Monday that a poverty-fighting measure included in the COVID-19 relief bill passed this year will deliver monthly payments to households Read more…
The surge in production has increased year-to-date output to 375 million tons, or about a 16% jump compared to the same period last year. This comes as demand for Chinese steel continues to soar, resulting in lower iron ore stockpiles at ports for the third week in a row and Read more…
Jason Kilar, the executive brought in last year to accelerate WarnerMedia's shift to streaming with HBO Max, was not mentioned in the merger filing, and it's not clear whether he will have a role in the new company. As the FT points out, the deal “represents a humbling retreat for Read more…
RCS MediaGroup shares fell as much as 13% in Milan (trades ex dividend); Banca Akros notes a Milan court rejected all claims advanced by RCS against Blackstone related to the sale of RCS's headquarters in Milan in 2013, and cuts to neutral from accumulate. Bitcoin fell 8.5% to its lowest Read more…
“Tesla Has Not Sold Any Bitcoin”: Musk Tries To Reassure Crashing Crypto Market After His Weekend Meltdown Update 5/17/2021 0700EST: Musk has taken to Twitter in the early reaches of Monday morning to try and quell speculation that Tesla had sold its bitcoin – following continued selling in cryptocurrencies overnight. Read more…
White House Working To Roll Back Trump's EU Metals Tariffs Despite Admitting They Saved Jobs Though it wasn't his administration's first priority (given the modest popularity President Trump's trade policies have enjoyed among the American public) President Biden and his team have agreed to roll back his predecessor's metals tariffs Read more…
It can no longer be denied and it's up to each and everyone of us to help bring the secret to the forefront of public awareness. For the mainstream financial media won't do it, indeed they allow the guardians of the secret to continue to deny its existence. Well, here's Read more…
A Paid Subscription Version Of Twitter Called “Twitter Blue” Is On Its Way With shareholders constantly pushing Jack Dorsey to do better to monetize Twitter, it was just a matter of time before the social media network offered a paid subscription model. Now, it looks as though the service has Read more…
In Japan, years of “official” messages about the risk of deflation clashed with citizens' perception of cost of living, and tendency to save increased, rightly so. Citizens are not stupid, and you can tell them that there is no inflation or that it is transitory, but they feel the rise Read more…
Airlines May Start Weighing Passengers Amid Obesity Crisis The issue of weighing passengers before flights have been a challenging one. “For safety reasons, carriers need to calculate an aircraft's weight and balance, and it has to be within allowable limits for the plane. says the pending FAA weight and balance rule Read more…