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News & Updates

January 19, 2018 Consumer Watchdog’s Latest Budget Request: $0

Source: NY Times

he Consumer Financial Protection Bureau’s acting director, Mick Mulvaney, intensified his efforts this week to curb an agency he has denounced as a regulator run amok. His latest tactic: starve it of cash.

January 19, 2018 Saudi Arabia Plans To Source 10% Of Its Power From Renewable Energy Within 5 Years

Source: Forbes

Saudi Arabia is seeking investment of up to $7 billion of investment in the coming year to build about 4,000MW of renewable energy capacity, as part of its plan to supply 9,500MW, or 10% of its power demand, from renewable...

January 19, 2018 House approves bill to keep government open as Senate Democrats take heat for threatening to block it

Source: Washington Post

The House passed a short-term extension of government funding late Thursday after Republican leaders, with help from President Trump, cobbled together enough GOP votes to overcome an internal revolt.

January 18, 2018 New CFPB director puts target on payday loan rules

Source: The Hill

The new leaders of the Consumer Financial Protection Bureau (CFPB) are taking the most significant step yet toward unwinding rules panned by the finance industry and the GOP.

January 18, 2018 OPEC-Russia Oil Deal Faces a New Danger: Too Much Winning

Source: Bloomberg

When OPEC and Russia meet this weekend to review their strategy for clearing a global oil glut, they’ll face an unusual problem: it could be working just a bit too well.

January 18, 2018 Flu patient spikes cause Texas school district closure, tents at California hospital

Source: ABC News

A deadly flu epidemic sweeping the nation has triggered one Texas school district to cancel classes for the week and one California hospital has set up a triage tent outside an emergency room for flu patients.

January 18, 2018 Apple to pump $350B into US economy over next 5 years, pay record $38B in repatriation taxes [u]

Source: Apple Insider

Looking to boost its domestic image, Apple on Wednesday announced that it expects to contribute $350 billion to the U.S. economy during the next five years, picking up some 20,000 jobs in the process.

January 17, 2018 Flu stresses hospitals, shows we’re not ready for emergencies

Source: NBC News

Alabama has a flu emergency. Schools have closed in San Antonio and Cleveland and Oklahoma. Think hospitals are under a strain now, from a slightly bad flu season? Wait until a really bad one hits.

January 17, 2018 EU still open to Britain changing mind on Brexit

Source: Reuters

STRASBOURG - Leaders of the European Union institutions weighed into a new British debate on whether to hold a second referendum on Brexit by saying on Tuesday that Britons would be welcome to stay in the EU.

January 16, 2018 China is reportedly raising the bar on its cryptocurrency crackdown

Source: CNBC

Beijing plans to block domestic access to Chinese and offshore cryptocurrency platforms that allow centralized trading, Bloomberg said, citing unnamed sources.

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