Dallas' decision to stop lump-sum withdrawals from a special retirement fund for police and firemen that is billions short in funds just stops the financial bleeding. It does not cure the patient.
"Upside sensitivity" analyses are the new buzz-words, as companies begin to make plans to invest in the U.S. economy.
It’s official: McDonald’s says that every one of its 14,000 stores nationwide will be replacing cashiers with automated touch-screen kiosks.
Trump claims a victory as Ford Motor Company will keep producing Lincoln MKCs in Kentucky instead of moving that operation to Mexico.
As part of the globalist establishment's ongoing push to create a totalitarian “cashless society” where every transaction can be tracked and controlled, Indian authorities last week suddenly demonetized the two largest denomination bills in circulation. In Sweden, where government already tracks and monitors almost everything, central bankers are plotting the creation of a “digital currency” that could be completely controlled — along with those who use it — by authorities. And in Australia, establishment-minded mega-banks are plotting with politicians to force everyone into a United Nations-backed “cashless society” where banks and government have total control over the population. In each case, different excuses have been used. But taken together, it is obvious that something major is going on, worldwide. Liberty and privacy are literally at stake.
“I think of this job as being a relay runner,” President Obama says regarding the transfer of power to the new president. But what he understandably does not say is that he will be handing over to President-elect Trump a basket of economic deplorables.
The Energy Independence and Security Act of 2007 required oil refiners to add ethanol to their product or buy ethanol credits. Those credits are now being traded and reaping hundreds of millions of dollars in gains for the big oil companies.