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FEMA Chief Nearly Got Fired as Hurricane Brewed

2 monthes ago   |   By

With Hurricane Florence rolling in, FEMA Administrator Brock Long was close to getting fired-and still could be, the Wall Street Journal reports. Investigators working for the Department of Homeland Security inspector general have already warned the White House about Long taking a caravan of federal workers on his trips...
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Decade on from Wall Street crash, working stiffs are still getting screwed by the plutocrat's casino

Decade on from Wall Street crash, working stiffs are still getting screwed by the plutocrat's casino

2 monthes ago   |   By

Ten years after Lehman Brothers collapsed and the absurd lies of the multi-trillion-dollar “derivatives” market in which it played began to corrode the entire global economy, the most famous name of the financial crisis is still a happy phrase for some people.
It's still making them billions of dollars.
The vulture firms that zipped in to buy Lehman debts at rock-bottom prices after the investing house garroted itself in a massive, complex web of wagers on the deregulated housing finance marketplace are now seeing massive returns on their investments. Some $124 billion has gone to Lehman's...
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David's Bridal files for bankruptcy, says company will stay open for business

David's Bridal files for bankruptcy, says company will stay open for business

Another bridal store has filed for bankruptcy, but assures customers the company says it will remain open for business. Read more ...

The Best Investing Advice for 2019 From Fortune's Experts

The Best Investing Advice for 2019 From Fortune's Experts

The economy and the stock market don't always march in lockstep, and investors got a sharp reminder of that fact this fall. Parade-and-fireworks-worthy GDP growth and... Read more ...

Apple reportedly cuts production orders for all 3 new iPhone models

Apple reportedly cuts production orders for all 3 new iPhone models

The pricey iPhone XR, XS, and XS Max are all apparently seeing production order reductions ahead of a potentially dicey holiday season for Apple. Read more ...

Health coalition renews push to raise Indiana cigarette tax by $2 a pack

Health coalition renews push to raise Indiana cigarette tax by $2 a pack

A coalition of health and business groups is renewing its push for Indiana lawmakers to increase the state's cigarette tax by $2 per pack. Read more ...

Theresa May admits the Brexit transition period could last until 2022

Theresa May admits the Brexit transition period could last until 2022

Theresa May says the UK will end the Brexit transition period before the next general election in May 2022. She has previously suggested any extension would only last a few... Read more ...

Finland's president doesn't know what Trump was talking about with 'raking'...

Finland's president doesn't know what Trump was talking about with 'raking' comments on California fires

Finland's President doesn't remember telling Trump they rake forest floors to prevent wild fires, he told media on Sunday. Trump told CNN on Saturday that Finns "spent a lot of... Read more ...

The Best Investing Advice for 2019 From Fortune's Experts

The Best Investing Advice for 2019 From Fortune's Experts

The economy and the stock market don't always march in lockstep, and investors got a sharp reminder of that fact this fall. Parade-and-fireworks-worthy GDP growth and... Read more ...

Theresa May reaches judgement day with Tory MPs just a handful of letters...

Theresa May reaches judgement day with Tory MPs just a handful of letters short of challenge

Conservative rebels are closing in on a leadership challenge against Theresa May. Reports suggest party officials have almost reached the 48-letter threshold required for a... Read more ...

Inclusivity, allyship and POC: 2020 Democrats go all-in on identity politics

Inclusivity, allyship and POC: 2020 Democrats go all-in on identity politics

Democrats thinking about running for president in 2020 are dramatically changing the way the party talks about race in Donald Trump's America: Get ready to hear a lot more... Read more ...

Mark Zuckerberg reportedly blamed Sheryl Sandberg for the Cambridge...

Mark Zuckerberg reportedly blamed Sheryl Sandberg for the Cambridge Analytica fallout, making her worry for her job

Mark Zuckerberg allegedly met with his COO, Sheryl Sandberg, in the spring and said he blamed her for the fallout over the Cambridge Analytica scandal, according to a new Wall... Read more ...