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Fact-checking claims of Google bias at House hearing

“Republican lawmakers from the House Judiciary Committee referenced studies whose accuracy has been disputed, as well as their own impromptu experiments, to press Google CEO Sundar Pichai Wednesday about bias against conservatives in its search algorithms” reports axios.com. But problems with search results and algorithms are much less likely to come from overt manipulation by programmers than from the biases of the world that Google’s data reflects.Questions included: Be smart: Google is reluctant to reveal those details about its algorithms because doing so could empower bad actors to manipulate them. Source:…

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Asian shares soften as investors look to G20 summit

“Global investors also remain hesitant to shift positions significantly as they seek clarity on Federal Reserve policy direction” writes Midwest Communications Inc for 95kqds.com. Mixed signals from Washington about the prospects for a rapprochement with China on trade have led many investors to sit on the sidelines.U.S. stock market futures pointed to more weakness on Friday, with S&P e-mini futures ticking down 0.14 percent to 2,740.5.Investors are waiting for a meeting between Chinese President Xi Jinping and U.S. President Donald Trump, at which the leaders are expected to discuss the…

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Deal or no deal? Trump signals China talks could go either way

“Officials in China are planning to travel to Washington in mid-December if there is such a deal, the Journal added” writes Adam Behsudi for politico.com. Trump has also repeatedly threatened to impose tariffs on all remaining imports from China.I’m open to making a deal, but, frankly, I like the deal we have right now.“ The administration has imposed tariffs on more than $250 billion worth of Chinese imports.I think China wants to make a deal.On Wednesday, Lighthizer threatened to raise the U.S. tariff on Chinese cars to 40 percent, which…

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DOW surges 618 points after Fed Chair signals rates near neutral…

“Powell’s comments were eagerly awaited by investors as they worried the central bank may be tightening monetary policy too quickly” writes Michael Nagle for cnbc.com. The central bank has already hiked rates three times this year.Stocks ripped higher on Wednesday after Federal Reserve Chairman Jerome Powell said interest rates are close to neutral, a change in tone from remarks the central bank chief made nearly two months ago. Source: cnbc.com Share This:

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Trading guru Bollinger: U.S. stock market just flashed not one, but two, buy signals

“I used the theoretical Dow, a 21-day moving average, four percent trading bands, and Intraday Intensity calculated using the theoretical Dow” writes John Bollinger for marketwatch.com. In that context, it’s worth a close look at the trading system that generated them.It was the problem of having to adjust percentage trading bands that led me to create Bollinger Bands, specifically the need to make the bands adaptive to changing market conditions. Source: marketwatch.com Share This:

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NASA’s InSight lander is about to touch down on Mars, and you can follow live right here

“Once the lander reaches solid ground it will send two signals to announce its arrival” writes Deborah Netburn for latimes.com. The first is a radio signal that may or may not be detected by the radio telescopes. Seven minutes later it will broadcast a more powerful signal from its X-band antenna that will convey more information about its health. Source: latimes.com Share This:

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Top Coins See Mixed Signals, Mostly Trading Sideways

“The markers are seeing mixed signals as of press time, with most top coins trading sideways, up or down by around one percent” writes Ana Alexandre for cointelegraph.com. BTC is up 1.3 percent over the last 24 hours, and trading at around $6,527 at press time.Wednesday, Nov. 7: most major coins are slightly down today, with Bitcoin (BTC) holding on to this week’s growth.XRP has experienced slight losses during the last 24 hours, dropping by 1.35 percent and trading at $0.534 at press time.Over the week, total market cap has…

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Markets move higher after midterm election signals gridlock — something businesses won’t mind

“In the weeks before the election, Trump promised a new middle-class tax cut would be passed by Congress before voters went to the polls” writes Jim Puzzanghera for latimes.com. Trump and congressional Republicans are expected to push for more tax cuts next year. But with the federal budget deficit soaring after this year’s big tax cuts went into effect, analysts said a bipartisan deal on more cuts is unlikely. Source: latimes.com Share This:

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Poll that’s never been wrong since 1946 signals GOP keeps House

“Fifty percent of Americans believe Republicans will stay in power in the House, while 44 percent believe Democrats will take control” reports washingtonexaminer.com. On the other hand, 66 percent of Republicans say the same about a Democrat win in one or both houses.Sixty-one percent say Republicans will hold power in the Senate following the elections, and 33 percent believe that Democrats will take control. Source: washingtonexaminer.com Share This:

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