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Elon Musk’s X Aims to Revolutionize Finance as a Central Hub

October 27, 2023 RickMad Comments Off

CoinTelegraph.com: Elon Musk envisions X as an all-encompassing financial platform, embracing every aspect of users’ financial lives, from money and securities to eliminating the need for traditional bank accounts. Elon Musk-owned X (formerly Twitter) aims to […]

‘Monumental’ Antitrust Case Between Google, Justice Department Begins In Washington, DC

September 12, 2023 RickMad Comments Off

FoxBusiness.com: Justice Department filed civil antitrust lawsuit against Google in October 2020. An antitrust challenge against Google that the Justice Department is describing as a “monumental case” is kicking off Tuesday in Washington, D.C. The Justice Department […]

Economy

Key Fed GDP Tracker Turns Negative, Signaling Recession is Here

FoxBusiness.com: The Federal Reserve’s key real-time model for tracking U.S. economic activity has turned negative, signaling that the nation could already have entered a recession. Advertisements Advertisements The GDPNow gauge, [...]
Housing Market

2021 National Housing Market Forecast and Predictions: Back to Normal

Realtor.com: To say 2020 was a year of surprises is an extreme understatement. What started off as a bright year for the housing market and the economy was soon derailed [...]
Debt Ceiling

Deficit For Fiscal Year 2023 Was $1.7 Trillion, Growing 23% In A Single Year

FoxBusiness.com: The Treasury fiddles as the nation’s finances burn around it. With all the chaos and heartbreaking loss of life around the world today, few noticed the Treasury Department drop [...]
Credit and Debt

The Great Debt Crisis of Our Lifetimes is Approaching

ZeroHedge.com: The Great Debt Crisis of our lifetimes is approaching. As S&P Global recently noted, global debt has just hit $300 TRILLION for the first time in history. As if [...]
Housing Market

New-Home Construction Surges Higher Amid Higher Lumber Prices — In All But One Region Of The U.S.

MarketWatch.com: ‘An eventual easing of supply pressures and low inventories should be supportive of building activity even as mortgage rates rise next year’ The numbers: Housing starts surge higher U.S. [...]
Investing

BofA “Sell” Signal Triggered Any Moment… The Last Time This Happened Was June 2007

ZeroHedge: Back in mid-December, when stocks were melting up furiously daily amid unprecedented retail euphoria, which would only get crazier and crazier until eventually it forced Citi to use a bigger chart two [...]