News 

White House suggests it will back down on $5 billion border wall demand

“The White House suggested Tuesday that President Donald Trump could back down from his demand for $5 billion to fund his proposed border wall in a year-end spending bill” writes unknown author for cnbc.com. She added that the Trump administration could support $1.6 billion in border security funding proposed by Senate Democrats, as long as it can “couple that with other funding resources” to get to $5 billion.Trump’s push for the money has threatened a partial government shutdown when funding for seven agencies lapses after midnight Friday. Source: cnbc.com Share This:

Read More
Markets News Stocks 

This positive data point says Santa may arrive at the stock market after all

“Ask Arora: Nigam Arora answers your questions about investing in stocks, ETFs, bonds, gold and silver, oil and currencies” writes Nigam Arora for marketwatch.com. Shouldn’t the gurus be first objectively looking at all of the data and not just the data that support action in stock prices?. Nothing has changed in the stock market in my three-plus decades in four respects. 1.At the top in the stock market, we were holding a good amount of cash and hedges. Source: marketwatch.com Share This:

Read More
News 

The political war for your right to health care

“Quentin Young, one of the great champions of public health care, has been among the leaders in the war to establish a national health care system that actually works for everyone” writes Phil Kadner for suntimes.com. Adam Gaffney, president of Physicians for a National Health Program and an instructor at Harvard University. “In our view, national health care ought to cover dental costs and eliminate co-pays.One recent poll showed that 51 percent of Republicans want national health care.And their primary motivation is profit, not your health care. Source: suntimes.com Share This:

Read More
News 

RAF scheme to improve recruits’ mental health and wellbeing was a waste of time and money, study finds

“There was no evidence that Spear had made any difference to recruits’ mental health and wellbeing, their attitudes to mental illness or willingness to seek help for mental health or alcohol problems” writes Stephen Harper for telegraph.co.uk. A Royal Air Force resilience programme designed to bolster mental health and wellbeing was a waste of time and money, according to a new study.Personnel were formally assessed for post-traumatic stress disorder, common mental health symptoms, hazardous drinking, homesickness and mental health stigmatisation before their training began, at the end of their nine-week RAF…

Read More
News 

White House cites ‘options’ for funding U.S. border wall

“WASHINGTON (Reuters) – The White House said on Tuesday it has found a way to build President Donald Trump’s promised border wall without new funding from Congress, stepping away from the president’s threat to shut down the U.S. government over border security disputes” writes Midwest Communications Inc for 95kqds.com. Sanders indicated the White House was backing down from Trump’s threat to shut down the federal government if Congress refused to provide money for his wall. Source: 95kqds.com Share This:

Read More
News 

People who want to ban dollar stores implicitly admit they’re popular

“As here, the only reason to limit dollar stores is because you agree people would like to shop in them” reports washingtonexaminer.com. In the absence of dollar stores, people will spend their money at groceries.For example, the Institute for Local Self-Reliance wants local governments to start limiting (that is, ban the opening of new) dollar stores. is that grocery stores are put out of business by this competition from their lower-priced competitors, those dollar stores.This is bad, very bad, so therefore the spread of the dollar stores must be curbed…

Read More
News 

Sears is catching heat for dedicating over $25 million to exec bonuses while reportedly cutting off severance for laid-off store workers

“Meanwhile, laid-off Sears store employees have reported that they stopped receiving severance checks after the company filed for bankruptcy” writes Ine Cain for businessinsider.com. Sears has got people fuming over the fact that top executives stand to pick up major bonuses while laid-off Kmart and Sears store employees have seen their severance pay nixed.Last week, a bankruptcy court gave the company the go-ahead to set aside $25.3 million in bonuses for top executives, according the Chicago Tribune.The retailer argued that it required the money in order to get these execs…

Read More
News 

This crafty gift can save you money, help you start your own business, or just make a T-shirt

“Jenny Sparmo, a blogger at Cookies, Coffee and Crafts, got her first Cricut machine for Christmas three and a half years ago” writes Alessandra Malito for marketwatch.com. Cutting machines, from companies including Cricut and Silhouette, cut through various materials, including different thicknesses of paper, cardboard, vinyl, fabric and even wood.She then became a small business consultant who teaches crafters how to make money with their cutting machines.But even for those aren’t trying to launch a side gig, the cutting machines offer money-saving potential.In the era of side hustling, cutting machines…

Read More
News Stocks 

SnapLogic’s CEO told us why he’s delaying his long-awaited IPO

“Twitter struggled for years to not look like a public stock basket case” writes Jim Edwards for businessinsider.com. The trend means that some “new” investments in tech companies aren’t actually adding new money to companies’ coffers.Mobile ad company Millennial Media was worth nearly $2 billion when it went public, and its stock to rose to $25.But three sources told Business Insider recently that the volume of stock traded privately is increasing all the time. Source: businessinsider.com Share This:

Read More
Markets News 

Storm ahead? Here’s how to prepare for a financial crisis

“This week the IMF warned that not only are the storm clouds of the next global financial crisis gathering, but also that the world financial system is unprepared for another downturn” writes Patrick Collinson for theguardian.com. Every 10 years or so a financial crisis hits global markets – and it’s 10 years since the last one.If you are middle-aged, your pension fund is probably about 60% in shares and 35%-40% in bonds.Many investment managers grimly warn about overvaluations in financial markets. “The US equity market has never been more expensive…

Read More