Markets News Regulators 

Markets fear ECB tiering is an effective rate hike

“The bank has said that it will set the multiplier in a way that euro short-term money market rates are not “unduly influenced”” writes Midwest Communications Inc for 95kqds.com. The ECB last week cut interest rates by 0.10%, resumed a bond-buying program and introduced tiered rates for banks.This in turn has steepened the money market curve as investors bet the ECB will be reluctant to cut rates again soon. Source: 95kqds.com

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Apple and Samsung phones are reportedly being investigated by the FCC for emitting too much radiation

“The Federal Communications Commission is said to be conducting an investigation into certain Apple and Samsung smartphones that reportedly emit higher radiation levels than the FCC allows, the Chicago Tribune reported last week” writes Antonio Villas-boas for businessinsider.com. The Chicago Tribune notes that it only conducted tests on 11 smartphones among the hundreds that are available to buy today. Source: businessinsider.com

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Children as young as four to receive lessons on mental health risks associated with social media and excess screen time

“Children as young as four will for the first time be taught how social media and spending time online impacts on their mental health, the Government has announced” writes Alan Cochrane for telegraph.co.uk. Compulsory health education lessons due to be introduced next year will encourage children to limit their time on Facebook, smart phones and games consoles and spend more time outdoors with friends.Younger pupils will be given detailed guidance on online safety and navigating the “pitfalls and dangers” of the internet, whilst lessons for teenagers will be more heavily…

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News Regulators 

The Fed is losing its ability to control interest rates, former Senate banking chief says

“The Federal Reserve is in danger of losing control of how it sets interest rates, according to the former chairman of the Senate Banking Committee” writes Adam Jeffery for cnbc.com. In a piece co-authored with Thomas S. Saving, a former director of the Private Enterprise Research Center at Texas A&M University, Gramm notes the intensifying debate over whether the Fed should be raising interest rates.Texas Republican Phil Gramm argues in a Wall Street Journal op-ed that the central bank’s attempt to normalize interest rate policy while it also reduces the…

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Obesity explains almost 1 in 20 cancer cases globally

“Not many people know about excess body weight and its link to cancer,” said lead study author Hyuna Sung of the American Cancer Society in Atlanta” writes Midwest Communications Inc for 95kqds.com. As of 2012, excess body weight accounted for approximately 544,300 cancers diagnosed annually around the world, researchers report in CA: A Cancer Journal for Clinicians.More recently, some research has also tied excess weight to risk for prostate tumors as well as cancers of the mouth and throat. Source: 95kqds.com

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News Oil 

7 Products To Get Your Oily Skin Under Control Once and For All

“One of the best on-the-go options for oily skin is the PleasingCare Natural Oil Absorbing Tissues” writes Sarah Morlock for spy.com. To keep your skin’s shine in check, try one of these 7 oil-controlling products, which work to clean, absorb excess oil and return balance to your skin.* Oiliness is the result of overactive sebaceous glands in your skin * Too much oil leaves your skin greasy and acne-filled due to clogged pores * These 7 products will help balance your oil levels and give you clearer skin If you…

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News 

Judge orders new talks in Fiat Chrysler diesel emissions case

“Regulators have said Fiat Chrysler diesel vehicles had undisclosed emissions controls that allowed vehicles to emit excess pollution during normal driving” reports businessinsider.com. The Justice Department has a separate ongoing criminal investigation into the excess emissions.The Justice Department is seeking “substantial” civil fines from Fiat Chrysler in a suit filed in May 2017 accusing the company of illegally using software that led to excess emissions in 104,000 U.S. diesel vehicles sold since 2014. Source: businessinsider.com

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Crypto Markets News 

Crypto-mining crash leaves Nvidia with ‘excess’ inventory of Pascal cards

“Gaming revenue was short of our expectations, and our fourth quarter outlook is impacted by excess channel inventory of midrange Pascal products,” Nvidia said” reports pcgamer.com. Nvidia also noted a 23 percent reduction in OEM and IP revenue “due to the absence of crypto-currency mining.”. Life will go on for Nvidia, but like ripping off a Band-Aid, it is feeling some temporary pain from the GPU market bottoming out in the cryptocurrency sector. Source: pcgamer.com

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