Error: The Microsoft Meltdown That Could Cost Over $1 Billion

How will the “largest IT outage in history” affect CrowdStrike’s reputation, customer base, and wallet? More importantly, who will pay?  So, That Was Bad  Most of the business world is still reeling from the disastrous software update that caused chaos by paralyzing millions of Microsoft computers worldwide. The error kneecapped everyone from airports (more than … Read more

Trump Might Become President – And the Financial Markets Seem Glad

After surviving an assassination attempt, Trump’s chances of winning the White House are up – along with Trump stocks and Bitcoin, among others.  Bullets Flying On Saturday, Republican candidate Donald Trump survived an assassination attempt.  Not only does this appear to have boosted his chances for a second term as US President, but the stock … Read more

US, Beware: That Heat Is Spreading

More than 245 million Americans have been warned about record-breaking heatwaves shifting east and moving inland this week.  No Hiding Place  The extreme heatwave that’s been sizzling up the US west coast the past few weeks now seems to be moving inward towards the mid-west and south-east areas. Get Ready for a Scorcher  That means, … Read more

Cash Cows: America’s Banks Pour Billions into Meat and Dairy

Are big banks bankrolling climate change?  Big Banks and Big Emissions A new report has revealed that America’s biggest banks are pumping billions into the meat and dairy industries. While this seems harmless, these are sectors responsible for some of the biggest emissions on the planet, and it has caused anger among climate activists.  Promises … Read more

Rising Unemployment and Stressed Consumers are Pushing the U.S. Economy to Breaking Point

American consumers are spending less as economists claim stress is affecting “more and more households”. Is the Economy OK?  With unemployment levels hitting a high in over two years and job growth slowing down, a big chunk of the US economy seems to be weakening.   Nasty Surprises  According to the latest monthly survey from the … Read more

John Deere Slashes 600 Jobs as Factory Woes Continue

While reasons like higher production costs are given, other sources blame “greed” for the mass layoffs. A Sad Summer  The largest international seller of tractors and crop harvesters, John Deere, announced on Friday that it’s implementing another wave of staff layoffs. Over 600 people employed at three US-based John Deere plants were notified that, by the … Read more