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How to Evaluate a Rental Property Purchase

If you want to get into real estate investing, you have a lot to consider – more so than goes into purchasing an owner-occupied residence. Because a rental property is supposed to make you money, you have to look at all aspects of the financial components of buying the property. Show More Summary

Mark Zuckerberg's Silence on Cambridge Analytica Has Done Irreversible Damage

``What has happened in the last five days has been the biggest crisis of Facebook's existence. But Zuckerberg's five-day silent treatment may prove more damning for Facebook than any of the news that precipitated it.''

Breitbart's readership plunges

The site dropped from 15 million unique visitors in October, per comScore, to 13.7 million in November, 9.9 million in December, 8.5 million in January and 7.8 million in February....There are several potential causes for Breitbart's...Show More Summary

Congress heading toward government shutdown as spending talks drag on

With Congress heading toward another government shutdown, House Speaker Paul Ryan says he is "hoping today" that negotiators will finalize an agreement Tuesday, and said congressional leaders are not yet discussing a continuing resolution...Show More Summary

Tesla May Post A Billion-Dollar Loss This Quarter

Public Model 3 tracker information suggests that Tesla may build about 7,000 to 8,000 units in Q1. This is far below management guidance and analyst expectations. Furthermore, considering the lead times and logistics involved, we suspect that this will translate to slightly over 7,000 deliveries. Show More Summary

Trump's China syndrome could melt down Washington trade

Alcoa opposed the tariffs out concern for its customers in a complex, global supply chain. Also, so far Canada (the largest steel exporter to the United States) and Mexico are exempt, and Chinese steel imports are tiny. Foreign aluminum is flooding in to beat the tariff date. Show More Summary

Fed raises key rate and foresees 2 more hikes this year

The Federal Reserve raised its key interest rate Wednesday in a vote of confidence in the U.S. economy's durability while signaling that it plans to continue a gradual approach to rate hikes for 2018 under its new chairman, Jerome Powell. Show More Summary

Congress quietly formed a committee to bail out 200 pension funds

As the government was working on the recent, new budget deal and subsequent boost in government spending, Congress quietly snuck in a provision that forms a committee which would use federal funds to bail out as many as 200 "multiemployer"...Show More Summary

Cartier Boss Has Nightmares Of Armed Revolution By Poor People

Cartier Boss Johann Rupert Says Nightmares Of The Poor And Destitute Overthrowing Plutocrats Keeps Him Awake At Night

Uber Driverless-Vehicle Accident Complicates Push to Ease Rules

This week's pedestrian fatality involving a self-driving car is likely to complicate efforts in Congress to speed the vehicles' development by wiping away state safety regulations. The House last fall passed legislation that would pre-empt regulations that some states have sought to impose on the driverless-car industry recently. Show More Summary

Japan is so broke that its prisons are full of 80+ year old ‘felons'

One in five female prisoners in Japan is senior, almost all of whom have been convicted of petty crimes like shoplifting. This is no accident. Elderly women in Japan are economically vulnerable. Half live below the poverty line. Many live by themselves and have no one to turn to for help. Show More Summary

Repubs May Be At Dems Mercy To Fix Mistakes In Rushed Tax Bill

As Politico reports, within the first two months of the tax law taking effect, dozens of mistakes have cropped up, some which could either assist or harm entire classes of taxpayers. For example, a lack of clarity could allow hedge funds...Show More Summary

How to Buy and Renovate a Multi-Unit Property With FHA Financing

Did you know you could use FHA financing for multi-unit properties? It gives you the opportunity to invest in real estate without paying the higher investment loan rates and fees. The catch, however, is that you must live in one of the units. Show More Summary

Railroading Workers? Trump's NLRB is racing to end a key labor case before trial resumes this week, lawyers say

``Wissinger alleged in an interview that NLRB lawyers are soliciting workers to accept deals on the spot or within hours, without sufficient opportunity to review final terms with the labor group's attorney, and in some cases without the workers fully understanding they are waiving their right to get their jobs back. Show More Summary

Facebook facing an existential crisis over privacy and data

Aleksandr Kogan, a University of Cambridge professor, accessed the data of more than 50 million Facebook users simply by creating a survey filled out by 270,000 people. Facebook provided Kogan with the data of anyone who took the survey, as well as their friends' data. Show More Summary

Dow suffers more than 250-point stumble, as Facebook powers tech-sector selloff

"Equities are lower and Treasury yields are higher and I think it may be signaling that there's some anxiety abut how hawkish the FOMC will be on Wednesday," said Brian Jacobsen, senior investment strategist at Wells Fargo Asset Management. Show More Summary

Bitcoin rallies $1,000 after FSB letter to G-20 officials saying "no systemic issues"

On the eve of a meeting of Group of 20 finance ministers and central bankers in Buenos Aires, the Financial Stability Board, or FSB, issued a letter to the international finance ministers saying that cryptocurrencies do not pose any near-term systemic risk to the global financial system. Show More Summary

Exclusive: Slumlord Kushner filed false NYC housing paperwork, Will be Investigated

Now a clue has emerged as to how President Donald Trump's son-in-law's firm was able to move so fast: The Kushner Cos. routinely filed false paperwork with the city declaring it had zero rent-regulated tenants in dozens of buildings it owned across the city when, in fact, it had hundreds. Show More Summary

Trump repeats Canada trade claim after admitting he bluffed in meeting with Trudeau

President Donald Trump repeated Thursday his claim that the U.S. has a trade deficit with Canada to swipe at Prime Minister Justin Trudeau, a day after boasting about misleading the Canadian leader about his knowledge of the subject....Show More Summary

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