Finance

U.S. consumer spending, inflation data point to strong economy | Lucia Mutikani

Aug. 30, 2018 -- WASHINGTON (Reuters) -- U.S. consumer spending increased solidly in July, suggesting strong economic growth early in the third quarter, while a measure of underlying inflation hit the Federal Reserve’s 2 percent target for the third time this year. Other data on Thursday showed an increase in new applications for unemployment benefits last week, but the underlying trend continued ...

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The Two 500 lb. Gorillas in the Room | Philip A. Farruggio

Philip A. FarruggioPhilip A. Farruggio -- World News Trust Aug. 3, 2018 I don't know about you out there, but whenever I drive around my city and surrounding area of perhaps 250,000 people, I notice ...

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A Public Bank for Los Angeles? City Council Puts It to the Voters | Ellen Brown

California legislators exploring the public bank option may be breaking not just from Wall Street but from the Federal Reserve. July 4, 2018 (EllenBrown.com) -- Voters in Los Angeles will be the firs ...

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Blackstone, BlackRock or a Public Bank? Putting California’s Funds to Work | Ellen Brown

California has more than $700 billion parked in private banks earning minimal interest, private equity funds that contributed to the affordable housing crisis, or shadow banks of the sort that caused ...

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Fox in the Hen House: Why Interest Rates Are Rising | Ellen Brown

The Fed is aggressively raising interest rates, although inflation is contained, private debt is already at 150 percent of GDP, and rising variable rates could push borrowers into insolvency. So what ...

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The Bayer-Monsanto Merger Is Bad News for the Planet | Ellen Brown

April 4, 2018 (Web of Debt) -- Bayer and Monsanto have a long history of collusion to poison the ecosystem for profit. The Trump administration should veto their merger not just to protect competitor ...

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Nice Kids: Now March for War & Empire Control! | Philip A. Farruggio

Philip A. FarruggioPhilip A. Farruggio -- World News Trust March 25, 2018 If anyone channel-surfed TV yesterday, well into the evening, ALL the channels covered the massive demonstrations by our yout ...

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The War on the Post Office | Ellen Brown

Pearhead Ceramic Pink Piggy BankMarch 17, 2018 (EllenBrown.com) -- The U.S. Postal Service, under attack from a manufactured crisis designed to force its privatization, needs a new source of funding ...

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End Times at the OD Corral | James Howard Kunstler

James Howard Kunstler James Howard Kunstler -- World News Trust March 2, 2018 Personally, I believe that the plodding, implacable Robert Mueller, white knight of the Deep State, will flush the Golden ...

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Funding Infrastructure: Why China Is Running Circles Around America | Ellen Brown

‘One Belt, One Road,’ a planned modern Silk Road with China at its heart Feb. 27, 2018 (Web of Debt) -- “One Belt, One Road,” China’s $1 trillion infrastructure initiative, is a massive undertaking o ...

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Three Different Definitions of Blockchain | Stephen Farrington, MS, PE

Illustration by Stephen Farrington Stephen Farrington, MS, PE -- World News Trust Jan. 26, 2018 When I began my personal deep dive into the world of distributed ledger technology, blockchain and cryp ...

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