Archive for the ‘Uncategorized’ Category
China stocks slump more than 6%
Stocks in China plummeted 6.4% on Thursday, snuffing out a recent rally in brutal fashion.
Source: China stocks slump more than 6%
China stocks slump more than 6%
Stocks in China plummeted 6.4% on Thursday, snuffing out a recent rally in brutal fashion.
Source: China stocks slump more than 6%
Foxconn to take over Japan’s Sharp
Taiwan’s Foxconn is going to take over the struggling Japanese electronics firm Sharp, according to a statement from Sharp on Thursday.
Source: Foxconn to take over Japan’s Sharp
Liberal experts defend Sanders’ economy plans
Prominent experts defend rosy analysis of Bernie Sanders’ plans for the economy.
Source: Liberal experts defend Sanders’ economy plans
ISIS supporters threaten Zuckerberg and Dorsey
ISIS supporters have threatened the leaders of Facebook and Twitter for their companies’ decision to suspend many of ISIS’ social media accounts.
Source: ISIS supporters threaten Zuckerberg and Dorsey
The Subprime Auto Loan Meltdown Is Here
Uh oh – here we go again. Do you remember the subprime mortgage meltdown during the last financial crisis? Well, now a similar thing is happening with auto loans. The auto industry has been doing better than many other areas of the economy in recent years, but this “mini-boom” was fueled in large part by customers with subprime credit. According to Equifax, an astounding 23.5 percent of all new auto loans were made to subprime borrowers in 2015. At this point, there is a total of somewhere around $200 billion in subprime auto loans floating around out there, and many …read more
Source: The Subprime Auto Loan Meltdown Is Here
Marc Andreessen: There aren’t enough unicorns
Venture capitalist Marc Andreessen talked unicorns and innovation at Startup Grind’s Global Conference.
Source: Marc Andreessen: There aren’t enough unicorns
