- China stocks resume sharp slide as economic worries mount (Reuters)
- OECD head says sees further cut to global growth forecasts (Reuters)
- The U.S. Dollar Is Gaining Like It's the 1980s — For Better or Worse (BBG)
- Glencore Slumps to Record Low, Erasing Gains Since Debt Plan (BBG)
- Woman killed, 400 homes destroyed by California wildfire (Reuters)
- Why Morning Is the Worst Time to Trade Stocks (WSJ)
- German Investor Confidence Damped by Weaker Emerging Markets (BBG)
"The Chinese right now are getting very concerned because they understand this will create embarrassing optics around the visit for them."
The catchphrase that seems to be picking up more and more steam is “cutting the cord” when referring to those that are dropping traditional cable TV for viewing choices or alternatives by other means. However, is “cutting the cord” really the reason for ESPN’s loss of millions viewers? Perhaps a large part of the underlying reason is: ESPN (like a few notable others such as NBC™) has seemingly transformed at near hyper-speed from sports reporting – to political sports reporting. The political edge now rampant throughout the shows, games, interviews, et al is overbearing, overburdening, and overdone.
"There is no reason to embarrass the president of China..."
Want further evidence of the misappropriation of taxpayer funds to post-secondary education? Look no further than the Pell grant program.
The stunning imbroglio of Hillary Clinton's path to The White House took another absurd twist tonight when just hours after The FBI confirmed an "attempt" was made to wipe the hard drive of her email server (or in other words, remove all data on it), the former secretary of state seemed to mock the claims in a press conference. When asked specifically if she wiped the server, she 'ummed' and 'ahhed' then jokingly said "what with a cloth or something?"
The fallout from last week’s massive explosion in the Chinese port of Tianjin continues to worsen, despite Beijing’s best efforts to play down the danger to the public. The death toll from the apocalyptic blast - which was described by witnesses as akin to a nuclear explosion - has risen above 100 with 114 people confirmed killed and more than 700 injured. Some 6,000 have been displaced. Authorities now fear that storms in the area could transform sodium cyanide (which is water soluble) present on the scene into hydrogen cyanide, which is "rapidly fatal."
Recent price volatility in the media sector got us wondering: is “Cord cutting” the home cable box in favor of online entertainment really hitting critical mass?
Normally, candidates that are not part of the “establishment” do not pose much of a threat. In order to win elections in this country, especially on a national level, you need name recognition and you need lots and lots of money. Donald Trump has both, and no matter what you may think of him you have to admit that he has star power. And he was never supposed to run for president. You see, the truth is that only members of “the club” are allowed to play. The elite very carefully groom their candidates, and they are usually able to maintain a very tight grip on both major political parties. This two-headed abomination that we call a “two party system” is in reality just a one party system.
"We have armed investigators on the property, we're setting up covert cameras, we're documenting all license plates," the head of Global Investigative Group told NBC, referring to the "investigation" taking place in South Florida, where vandals, furious at Walter Palmer who killed a protected lion, placed marinated pigs' feet on the dentist's vacation home driveway.
Earlier this week we reported a stunning statistic: in July, the US police had killed 118 people mostly through gunfire, the highest number of police "induced" fatalities in 2015, and on pace for a record 1150 deaths for all of 2015. To be sure, most of these deaths took place in the "ordinary course" of police business, primarily in self-defense. However, in many instances, the killings took place in "less than ordinary course", usually involving the police officer making a rash judgment that cost the victim their life, and in many cases shooting without a clear cause. But the worst example of what is increasingly, and broadly, referred to as "police brutality", are cases such as that of Alexander City officer Troy Middlebrooks, was, as NBC reports, was "caught on a secret recording discussing ways to kill a black man and cover it up."
Will there be a financial collapse in the United States before the end of 2015? An increasing number of respected financial experts are now warning that we are right on the verge of another great economic crisis.