ASX – $6.1 Million Loss For The Financial Year

ASX – $6.1 Million Loss For The Financial Year

Fractional property investment platform, DomaCom has reported a $6.1 million loss for the financial year ended 30 June. The company, which listed on the Australian Securities Exchange (ASX) in November last year and raised $7.3 million, said the result was still in line with its expectations and reflected its early stage position. At the same […]

As Losses Mount Soros Continues to Bet Against US Stocks

As Losses Mount Soros Continues to Bet Against US Stocks

As Losses Mount Soros Continues to Bet Against US Stocks $SPY, $RUT, $QQQ US SEC filings show George Soros continues to invest in Put options that will profit him only if the stock market they are linked to declines in value. Soros Fund Management held put options on PowerShares QQQ Trust, SPDR S&P 500 ETF, […]

Thai Baht (THB) Previous Gains Lost

Thai Baht (THB) Previous Gains Lost

USD/THB is currently trading around 33.64 marks Most Asian currencies edged up on Tuesday as the dollar came under renewed pressure, with the Thai baht hitting its strongest in more than two years and the won climbing to a 1-month high. Uncertainty over the pace of the Federal Reserve’s policy tightening and worries that President […]

City Noise Linked to Hearing Loss

City Noise Linked to Hearing Loss

City Noise Linked to Hearing Loss Urban noise pollution and hearing loss are linked, according to rankings of 50 large cities in both categories released last Friday. High-decibel urban areas such as Guangzhou, New Delhi, Cairo and Istanbul topped the list of cities where hearing was most degraded, researchers reported. Also, cities least afflicted by […]

Minimum Wage Increases Costs Millions of US Jobs

Minimum Wage Increases Costs Millions of US Jobs

Minimum Wage Increases Costs Millions of US Jobs State minimum wage increases phasing in around the US will result in about 2.6-M job losses with “minimal” increases in workers’ salaries, a report from the American Action Forum reports. According to the center-right group, 22 states and the District of Columbia will implement minimum wage increases […]

Trump Rally “Burns” George Soros for at Leaset $1-B

Trump Rally “Burns” George Soros for at Leaset $1-B

Trump Rally “Burns” George Soros for at Leaset $1-B $SPY George Soros lost nearly $1-B, as a result of the stock-market rally spurred by Donald Trump’s Presidential election victory. Mr. Soros became more Bearish immediately after Donald Trump’s election. But the stock market rallied on expectations that President Elect Trump’s policies will boost corporate earnings […]

Cuba, US Talking About Future of Bi-lateral Relationship

Cuba, US Talking About Future of Bi-lateral Relationship

Cuba, US Talking About Future of Bi-lateral Relationship Cuba and the United States held talks in Washington their 1st meeting on long-term bi-lateral economic ties despite the US-led financial and commercial embargo, said the island country’s Ministry of Foreign Affairs. “Both delegations discussed commerce and future investments as well as other issues on economic and […]

Does Your Brain Get in the Way of Savvy Money Decisions?

Does Your Brain Get in the Way of Savvy Money Decisions?

Does Your Brain Get in the Way of Savvy Money Decisions? When it comes to money, many people make bad decisions. That is not because contributing to a 401(k) requires a PhD economy, it is often because the human brain is hard-wired to prioritize short-term money gains Vs long-term benefits. “Traditional economic theory suggests that […]

Analysts Questioning the Very Existence of SolarCity (NASDAQ:SCTY)

Analysts Questioning the Very Existence of SolarCity (NASDAQ:SCTY)

Analysts Questioning the Very Existence of SolarCity (NASDAQ:SCTY) $SCTY Last week SolarCity Corp. (NASDAQ:SCTY) reported Q-1 adjusted diluted net loss per share of 2.56 on revenues of $122.6-M. In the year-ago Quarter, the company reported a net loss per share of 1.52 on revenues of $67.48-M. The loss was deeper than expected, but what really […]

The Economic Benefits of Wall Street

The Economic Benefits of Wall Street

The Economic Benefits of Wall Street $DIA, $SPY, $QQQ, $VXX The Big Q: Have you ever seen movie that lauds the economic benefits of Wall Street? Note: Wall Street is the financial capital of the world in the world’s #1 economy. And yet people in Hollywood, and politics, for example socialist Vermont Senator Bernie Sanders, […]

New Crowdfunding Rules Effective Now

New Crowdfunding Rules Effective Now

New Crowdfunding Rules Effective Now New rules crowdfunding rules effective Monday, 16 May allow Americans earning less than $100-K a year to invest in small businesses and startups. Investors can now risk $2,000 a year or more investing in small companies in exchange for a stake in the business. Companies can raise up to $1-M […]

Tesla Motors (NASDAQ:TSLA) Share’s Falling, Leadership in Question

Tesla Motors (NASDAQ:TSLA) Share’s Falling, Leadership in Question

Tesla Motors (NASDAQ:TSLA) Share’s Falling, Leadership in Question $TSLA Shares of Tesla Motors (NASDAQ:TSLA) have been in reverse mode since the EV maker reported Q-1 earnings results that showed a wider-than-expected loss. TSLA stock closed Tuesday at 208.69 a decline of about 15% from the prior-week’s close of 240.76. In the past 30 days, TSLA […]

Going Outside…Wear Sunglasses, Protect Your Eyes

Going Outside…Wear Sunglasses, Protect Your Eyes

Going Outside…Wear Sunglasses, Protect Your Eyes Most Americans worry that the Sun could damage their eyes, most of them do not protect their eyes with sunglasses when they go outside. A report by The Vision Council found that although 75% of Americans are concerned that the Sun’s UV (ultraviolent) rays might harm their vision, only […]

Katzenberg Agrees to Sell Dreamworks Animation

Katzenberg Agrees to Sell Dreamworks Animation

Katzenberg Agrees to Sell Dreamworks Animation $DWA, $CMCSA Dreamworks Animation (NASDAQ:DWA) CEO Jeffrey Katzenberg has found a buyer for his film studio. The Glendale, California animation company has reached an agreement with Comcast (NASDAQ:CMCSA) to be sold for than $3.8-B, sources confirmed late Thursday evening. The acquisition would fold DWA into an entertainment conglomerate that […]