Chart from Macrotrends.net – my annotations. Click for data. Whatever you think about President Donald Trump, the stock market sure likes him — at the moment. Stocks are up about 10% since the election, and this three-month run-up simply cannot be ignored. The question is: Is it a rally [Keep reading]
The Consumer Financial Protection Bureau won a significant legal victory Thursday when an appeals court agreed to re-hear the case that threatened to fundamentally change the agency’s structure and imperiled its leader, Richard Cordray. A Washington D.C. circuit court of appeals ruled last fall that the bureau’s structure was unconstitutional. It found [Keep reading]
One woman sent this Prince Charming $90,000. Several bought wedding dresses, planning for the big event when their solider boyfriend returned from his overseas deployment. He showered them with poetry, cards, flowers, stuffed animals, and chocolates. They mailed him laptop computers, cell phones and tablets — things he needed for his “mission.” [Keep reading]
These numbers are staggering: During the span of about two generations, Americans who rent their homes have become twice as likely to be “house poor.” In 1960, 24% of renters were “cost burdened;” today, that figure is 50.6 percent, according to ApartmentList.com. This, at a time when America has [Keep reading]
It can seem like no one wins when your Facebook feed is full of partisan political bickering, but indeed, there is a big winner: Facebook. And, most social media firms. There’s a loser, too: U.S. worker productivity, at least according to one new survey. Employees say they are spending TWO [Keep reading]
What’s with the suddenly disappearing Presidential Executive Orders? Perhaps the Trump administration is growing more careful with the way it rolls out new orders. Or, perhaps there’s some other explanation for an entire day’s White House events calling attention to orders that then…seem to vaporize. It’s happened twice in the past [Keep reading]
Comcast Cable TV subscribers were throwing penalty flags all over Twitter on Sunday night when an apparent outage prevented them from watching the Super Bowl. It was unclear how widespread the troubles were. Comcast’s customer support account, @ComcastCares, confirmed outages in Virginia. Outages in that area were caused by [Keep reading]
A suspicious death related to a British spy. Accusations of treason. Arrests — including one, during a meeting, where the suspect was marched out with a bag over his head. Election interference and ‘Kompromat.’ These are some of the things that, while hanging in the air, weren’t mentioned in the [Keep reading]
Good-bye, CBF. A famous woman died yesterday, one who set the stage for independent, strong women everywhere. At about the same time, an important woman died who did just the same thing. You didn’t know her, but CBF was my friend. And she was your friend, too. Her fingerprints and [Keep reading]
A top Russian computer security researcher has been arrested and charged with treason, Russian media has reported. Ruslan Stoyanov, Head of the Computer Incidents Investigation Team at respected security firm Kaspersky Labs, is under investigation, Kaspersky confirmed to me in an email. The timing of the arrest is curious, as it involves [Keep reading]
Bob Sullivan