Asset protection

China Will Raise Tariffs On $60B Worth Of US Goods To 25% By June 1

Posted by Wayne Duggan

on Monday, 13 May 2019 8:36

Investors received more bad news Monday morning as an escalation of the trade war between the U.S. and China drove stocks even lower following a horrible performance last week. The latest wave of selling comes on reports that China will be raising tariffs on $60 billion in U.S. goods to 25 percent in retaliation to U.S. President Donald Trump’s latest round of tariff hikes on China….CLICK for complete article

Lyft Posts Strong Growth, Big Losses in First Public Quarter

Posted by Cathy Bussewitz

on Thursday, 9 May 2019 10:57

The ride-hailing company posted revenue of $776 million during the first quarter of 2019, nearly doubling the amount it made the same time last year. Their revenues beat expectations of analysts polled by FactSet, who were expecting $740 million.

But the San Francisco-based company lost $1.1 billion in its first public quarter, primarily because it paid out $894 million in stock-based compensation and related payroll taxes during its initial public offering….CLICK for complete article

Animation: The Earnings of the Biggest Movie Franchises Over the Last 20 Years

Posted by Jenna Ross

on Thursday, 9 May 2019 10:50

 

From Iron Man to Luke Skywalker, viewers love watching their favorite heroes triumph over evil time and time again. These successful movie franchises have won our hearts, and padded film studios’ wallets in the process.

Today’s animation comes from Reddit user /u/rebellious_scum and it charts North American box office sales for select movie franchises, as reported by movie data website The Numbers. The daily ticket earnings were captured from May 19, 1999 (release date of Star Wars: Episode I) to April 4, 2019 and adjusted for inflation….CLICK for complete article

Banks Are Doubling Down On Risky Credit Card Debt

Posted by ZeroHedge

on Wednesday, 8 May 2019 11:25

As each of the seven largest credit-card issuers in the US reported a troubling jump in default rates to levels not seen in the better part of a decade, we noted last week that relaxed lending standards combined with ‘Non-GAAP’ FICO scores suggest that the American consumer is in far worse shape than many had realized – which could seriously threaten stability during the next recession (if the Fed ever allows one to happen)….CLICK for complete article

U.S. Pipeline Boom Could End In Crisis

Posted by Irina Slav

on Monday, 29 April 2019 14:08

An oil and gas building spree in the United States might have a serious boomerang effect that could hit the industry as hard as a changing fundamentals landscape hit the coal industry in the 2010s, a report from Global Energy Monitor has warned.

According to the report, there is US$232.5 billion worth of new oil and gas pipelines being planned and built right now in North America, with most of this in the United States. This expansion, however, does not rely on an increase in domestic demand for oil and gas. It relies almost exclusively on demand growth in …Click here for full article.