A Wikipedia editor placed one of the most influential libertarian Republicans on a list of “American White Supremacists” for three weeks before it was removed Wednesday.
Having been accused of ‘moral bankruptcy’ by US officials, The United Nations appears to be heading for fiscal bankruptcy as Reuters reports that chief Antonio Guterres has warned staff that the world body is running out of cash and urged member states to pay what they owe as soon as possible.
Facing a reported deficit of $139 million, Guterres said in a letter sent to member states that the United Nations had “never faced such a difficult cash flow situation this early in the calendar year.”
The University of Alaska Southeast will be canceling classes this fall to hold a “Power and Privilege Symposium.”
This will be the third year in a row that UAS has shut down classes at its Juneau campus for this conference, where students discuss issues such as “race, ethnicity, gender, sexuality, age, religion, body size, ability, mental illness, class, and their intersectionalities.”
For much of bitcoin’s tremendous ascent in 2017, former Fortress PM Mike Novogratz was one of its biggest cheerleaders, who not only made a killing previously on both Bitcoin and Ethereum, but actually put his crypto money where his mouth was. And while in December 2017 he scrapped plans to launch a crypto hedge fund shortly after bitcoin peaked just below $20,000, one month later, Novogratz announced that he was launching what Bloomberg called “The Goldman of Crypto”: a cryptocurrency merchant bank – effectively also an investing fund – called Galaxy Digital LP which would be listed on
The golden rule of investing is buy low and sell high. While great advice, it is extremely difficult to accomplish with precision.
Tomorrow, the US Department of Commerce will report its advance estimate of 2Q GDP which will be the long-awaited evidence that “Trumponomics” is working. The current estimates for the initial print run the gamut from 3.9% to over 5% annualized growth. Regardless of the actual number, the White House spokesman will be quick to take credit for success in turning America’s economy around.
But is that really the case? First, there are several things to remember about the initial print on economic growth.
Two weeks ago we reproted that BMW – the largest US auto exporter – is considering moving production for some of its SUVs out of the U.S. – the company employs 10,000 people at a plant in Spartanburg, S.C. – and to China as a result of new tariffs placed on the vehicles. Now it’s Mercedes’ turn.
On Thursday, Daimler said it was looking at ways to mitigate the impact of a trade war between China and the United States, a step which includes a review of whether to shift some U.S. production to Asia, according to Reuters.
New York attorney general candidate Zephyr Teachout says it’s time to “explore breaking up” Facebook and Google under state and federal antitrust laws if she is elected.
Teachout, a Democrat, told a crowd outside the Manhattan office of the New York Daily News – the day after the paper fired half of its staff, that tech companies are to blame for dominating the advertising space, “drawing revenue from newspapers and publishers,” reports the Washington Post.
Jack Dorsey may have pushed his apparent anti-conservative agenda just a little too far after evidence mounts – even among the liberal media – that Twitter has been ‘shadow-banning’ various ‘right of socialist’ members on the social media site ( by limiting the number of people who are able to view content from the affected users).
Following CEO Jack Dorsey’s attempt to play down the actions, saying “It suffices to say we have a lot more work to do to earn people’s trust on how we work.”