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Showing posts from February, 2021

Max Keiser & The dollar Vs Bitcoin and Inflation

Source: RT- Max Keiser Report

News | U.S. Business: January Stimulus Checks Made the Economy Bounced Back.

  businessinsider.com January retail sales bounced back strongly, mostly thanks to stimulus checks Adriana Nunez 6-7 minutes Consumer stimulus spending helped spur a 10.8% year-over-year increase in retail sales for January. And further stimulus aid could boost retail recovery even further. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Payments & Commerce industry. Learn more about becoming a client. January retail sales jumped 5.1% on a month-to-month basis after declining  0.3%  in December,  per the latest data from the US Census Bureau.

News, U.S. Business: Trump's Niece Tells Judge, That Trump Fraud on Inheritance Was Hidden for Years.

  bloomberg.com Trump Hid ‘Fraud’ on Inheritance for Years, Niece Tells Judge Erik Larson 3-4 minutes Donald Trump Photographer: Al Drago/Bloomberg Donald Trump’s niece is balking at the former president’s claim that she waited too long to file her multi- million dollar fraud suit against him, saying she would have sued sooner if he hadn’t covered his tracks so well. Mary Trump on Friday asked a judge to deny Donald Trump’s motion to dismiss the suit, which she filed in September against her uncle and his siblings, Robert Trump and Maryanne Trump Barry. She claims they conspired to skim tens of millions of dollars off her stake in the family business for decades after her father died and left them as her fiduciaries. The su

News | U.S. Politics: House Pasees Biden Aid With $1,400 Checks.

  bloomberg.com House Passes Biden Aid With $1,400 Checks; Focus Moves to Senate Erik Wasson 5-6 minutes The U.S. Capitol building in Washington, D.C.. Photographer: Sarah Silbiger/Bloomberg The U.S. House passed President Joe Biden’s $1.9 trillion pandemic-relief plan, spanning $1,400 stimulus checks, enhanced jobless benefits and fresh funding for vaccines and testing. Also included: a minimum-wage measure with no prospects of passing in the Senate. The 219 to 212 House vote was a stark contrast to the previous pandemic relief bills enacted last year, which drew strong bipartisan support as the Covid-19 death toll surged. No Republicans voted in favor of the bill, while two Democrats -- Jared Golden of Maine and Kurt Schrader of Oregon -- voted against the

U.S. Market at Close Report: Losing Week, Rate Fears, Dow Drops 475 Points

 U.S. Market cnbc.com Dow drops 475 points to end losing week on rate fears Yun Li 4-5 minutes Tech stocks lifted the broader market in another volatile session Friday, rebounding from steep losses after a key inflation gauge showed tame price pressures. The Nasdaq Composite jumped 1.4% as investors piled into Big Tech names that sold off sharply in the previous session amid surging bond yields. Facebook jumped 3.8%, while Microsoft and Apple each rose more than 2%. The tech-heavy benchmark swung wildly in Friday's session and fell as much as 0.7% at one point. The S&P 500 gained 0.3%, while the Dow Jones Industrial Average fell 240 points, led by Salesforce and IBM. Some investors took comfort in the fresh reading of the personal consumption expenditures price index that indicated subdued inflation in January. The PCE index, which the Federal Reserve watches closely, rose 0.3%