Archives by tag
As the creator of today’s visualization, Alberto Lucas López, points out, “the world’s tallest buildings have acted as barometers”. Another way of putting it? Our biggest architectural accomplishments are highly visible symbols of what society values most, and those values have changed over time. Today, the paramount belief system in many parts of the world is […]
Anyone who has been paying attention to the New York Fed’s Quarterly Report on Household Debt and Credit is probably aware that Americans are drowning in debt… …Aggregate household debt climbed $116 billion during the third quarter to $12.96 trillion, edging past its previous peak from Q3 2008. But even as millennials struggle to pay […]
Update: Add Comcast to the list #winning pic.twitter.com/QBForn6EeF — Phil Kerpen (@kerpen) December 20, 2017 * * * AT&T’s announcement that it would boost US capex by $1 billion and pay a $1,000 special bonus to 200,000 employees once Trump signs the Tax Cut bill into law (ideally before the holidays), has unleashed a […]
Via The Daily Bell December 14th marked the end of the internet. At least, that is what the media, social networks… and lobbyists would have you believe. Net neutrality has dominated the media cycle lately. But why? Why would the repeal of a rather freshly formed regulation garner all this attention, and anger? Taking a step towards […]
Authored by Tom Luongo, Net Neutrality is gone. Good riddance. Lost in all of the theoretical debate about how evil ISPs will create a have/have-not divide in Internet access, is the reality that it already exists along with massive subsidies to the biggest bandwidth pigs on the planet – Facebook, Google, Twitter, Netflix and the […]
After weeks of mounting speculation – and a rumored competing bids by rivals Comcast Corp. and Verizon that never materialized – Disney and 21st Century Fox announced early Thursday that the former would acquire most of the latter's entertainment assets in a deal worth $52.4 billion, according to the official press release. Here's what Disney […]
Parties Make Final Push Ahead of Dramatic Alabama Senate Race (WSJ) Oil hits two-and-a-half year high on pipeline shutdown, stocks take breather (Reuters) Alabama drama nears an explosive end (The Hill) Moore, Jones Expose Rural-Urban Divide That Defines Alabama Race (BBG) The Force Behind Bitcoin’s Meteoric Rise: Millions of Asian Investors (WSJ) Austrian Explosion Rattles […]
E-mini futures are modestly in the green this morning, though net of fair value the S&P index is poised for another record high open as the FOMC begins its last meeting for 2017 in which it is expected to raise rates by 25bps. European stocks gain while Asian equities slide led by weakness in Chinese […]
Once again weakness in the US carried through to Asia with stocks unable to hold any National-Team-inspired gains, but it was the contagion to commodities that was most notable (as a hike in exchange fees snuffed out a lot of speculative fervor) European equities have followed suit from their Asia-Pac counterparts to trade higher across […]
Cord cutting is a topic which we discuss on a fairly regular basis, particularly over the last several quarters as the subscriber losses for cable companies have seemingly accelerated (see: Cord-Cutting Accelerates, Sends Shock Wave Across Traditional TV). Not surprisingly, one of the biggest losers of the cord cutting phenomenon has been ESPN, a media […]
Last Wednesday, the Federal Communications Commission (FCC) released its plan to reverse net neutrality regulations that were put in place under the Obama administration in 2015. Net neutrality is the concept that all internet traffic should be treated equally by internet service providers (ISPs), regardless of the content that is delivered or who it was […]
Authored by Nafeez Ahmed and Andrew Markell via CounterPunch.org, When a system enters into the final stage of its deterioration – whether that is an institutional system, a state, an empire, or the human body – all the important information flows that support coherent communication breakdown. In this final stage, if this situation is not […]
Via Disobedient Media Allegations of sex abuse that began with Harvey Weinstein on the West Coast have incrementally shifted towards facets of the political, economic and media spheres of the U.S. Eastern seaboard. A surge in public willingness to come to terms with the stark reality of abuse perpetrated by members of the establishment suggests […]
Whether it was the previously discussed unexpectedly bullish JPM report (which calculated that a mere $6bn in net capital inflows has pushed the crypto market cap to $330 billion), or just the latest unexplained burst of buying out of Asia with another weekend surge in volumes out of Japan and Korea, but last week’s bitcoin […]
Content originally published at iBankCoin.com Oh no he didn’t… OH YES HE DID… After Matt Lauer was fired today for “inappropriate sexual behavior in the workplace,” pinching Katie Couric’s ass and whatnot, President Trump took to Twitter to sling some tomahawks at the MSM “opposition party” today. In addition to slamming Lauer, Trump suggested people “Check out Andy […]