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The Clash Over Interest Rates June 17, 2019 Great Stuff Jerome, you’ve got to let me know. Should I stay or should I go? The Federal Open Market Committee is meeting this week to decide the fate of U.S. monetary policy. In other words, the Fed is looking at interest rates. Federal Reserve Chairman Jerome Powell will hand down the central bank’s decision on Wednesday […]
Sprint and T-Mobile Merger: The Tribe Has Spoken June 12, 2019 Great Stuff The Sprint Corp. (NYSE: S)/T-Mobile U.S. Inc. (Nasdaq: TMUS) merger is now less of an Amazing Race and more of a season of Survivor. Ten state attorneys general filed a lawsuit this week to block the $59 billion deal, including Mississippi, California and New York. The stage is getting crowded indeed. The upstart duo initially gained approval from games master […]
Trade War Part 2: Interest-Rate Cut Boogaloo June 5, 2019 Great Stuff The U.S.-China trade war has entered phase 2. The first phase was hiking tariffs and trying to see who would blink first. But neither side blinked. In fact, China called the U.S. on tariffs and backed out of trade negotiations in May amid some pretty strong rhetoric. Now, with both countries feeling the tariff effects, […]
Apple’s Rotten Truth June 4, 2019 Great Stuff Apple Inc.’s (Nasdaq: AAPL) iTunes is dead. The iconic music software that helped drive iPod and iPhone sales is on the way out. Eighteen is such a young age to go. *Sniff* But it is a necessary death. iPhone sales have tanked for the past two quarters. Consumers just don’t see the point in paying more […]
The FTC Investigates Big Tech Companies Google and Amazon June 3, 2019 Great Stuff Big Tech and the government … they see your every move. Now these two juggernauts of information are going head-to-head in classic trust-busting fashion. The Wall Street Journal reported over the weekend that the Department of Justice (DOJ) has launched two investigations into Alphabet Inc. (Nasdaq: GOOG) — aka Google — for antitrust violations. Separately, The Washington Post said […]
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