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‘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 […]

Nasdaq Nears Record After Google, Amazon Earnings

February 3, 2021 RickMad Comments Off

FoxBusiness: Amazon CEO Jeff Bezos will step aside later this year The Nasdaq took the lead at the start of trading Wednesday as investors weighed another batch of big tech earnings and the possibility Democrats could forge ahead with their […]

Economy

Trump Victory Sparks Biggest Jump In Consumer Sentiment Since Clinton In 1992

After jumping in November (post-election, led by Republicans’ confidence), UMich consumer sentiment was expected to extend its gains in preliminary December data released today and it did, but the picture [...]
ESG

ESG Is Dying Its Inevitable Death

RealInvestmentAdvice.com: ESG scoring and mandates remain a subject we have contested since it sprang to life in 2020. The push of “woke activism” on, and by companies, to meet nebulous or artificial [...]
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. [...]
Housing Market

Freddie Mac: Strong Housing Market will Continue even as Rates and Prices Rise

FinanceYahoo.com: Freddie Mac (OTCQB: FMCC) today predicted the continued strength of the single-family housing market even as mortgage rates are expected to modestly increase and home prices rise. A new [...]
Capitalism

Cyber Weekend Sales Rise 9% As Cyber Monday Fades Into Oblivion

Cyber Weekend e-commerce sales grew 9% in the US this year, up from 6% in 2023, according to data from Salesforce. The growth took place even as the average discount [...]
Electric Cars

EVs Simply Aren’t Selling

Now that the shine and allure of being the ‘new fad’ and government subsidies are starting to wear off – along with a marketplace full of super-saturated competition and robust supply – [...]