Frodafunk

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Military yanks leash of critical government watchdog

In one case, the command praised progress at a hospital that it said was too dangerous to visit.<p>In an attempt to blunt a critical audit, U.S. military commanders in Afghanistan praised a hospital built in eastern Afghanistan with $600,000 in U.S. funds, although Army officials thought the hospital …

NSA collects millions of text messages daily in 'untargeted' global sweep

The National Security Agency has collected almost 200 million text messages a day from across the globe, using them to extract data including location, contact networks and credit card details, according to top-secret documents.<p>The untargeted collection and storage of SMS messages – including their …

20 subpoenas issued in N.J. bridge scandal

Legislative panel targets 17 individuals, including top aides to Gov. Chris Christie, and three institutions.<p>A newly formed special state committee investigating the George Washington Bridge scandal issued 20 subpoenas Thursday, including several to key staff members of New Jersey Gov. Chris …

Obama to propose key changes in data collection program

President Barack Obama will announce steps that could transform the way the government keeps the vast amount of telephone data collected through its surveillance activities, NBC News has learned. The president is not expected to advocate where the metadata should be kept, only that the federal …

CONFIRMED: The DEA Struck A Deal With Mexico's Most Notorious Drug Cartel

"El Vicentillo" being presented to the media in Mexico City on March 19, 2009. REUTERS/Daniel Aguilar An investigation by El Universal found that between the years 2000 and 2012, the U.S. government had an arrangement with Mexico's Sinaloa drug cartel that allowed the organization to smuggle …

Mexico

This Is the Man Bill Gates Thinks You Absolutely Should Be Reading

Author Vaclav Smil tackles the big problems facing America and the world. Andreas Laszlo Konrath<p>"There is no author whose books I look forward to …

How To Survive The Next 'Taper Tantrum'

Source: Factset, 10/31/13. <b>Note</b>: “Taper Tantrum” time period is defined as 5/2/13 through 9/5/13 and is marked by a 137 basis point increase in the U.S. 10-Year treasury (a basis point is 1/100 of a percentage point). Index definitions can be found at the bottom of this post. <b>Past performance does</b> …

Stocks: Nasdaq closes above 4000

The Nasdaq composite closes above 4000 for the first time in 13 years as good news on housing is offset by a drop in consumer confidence to a seven-month low.<p>NEW YORK -- The Nasdaq composite finally reached 4000 and then blew past it, closing well above that milestone in trading Tuesday.<p>Despite a …

Markets Are Doing Nothing

US futures are flat. European stocks are doing nothing. The Shanghai Composite went nowhere.<p>Today we gets tons of housing data, as well as Consumer Confidence.

Tons Of Good Housing Data Is Coming Out Today

We're also getting some consumer and manufacturing data.<p>From Calculated Risk, here's the full roster of economic data points we'll get today.<p>• At 8:30 AM ET, the <b>Housing Permits for September and October</b>. Housing starts have been delayed until December 18th.<p>• At 9:00 AM, the <b>FHFA House Price Index</b> …

I Bet You Didn't Know The Fed Owns 40% Of All Treasuries Over 5 Years In Maturity

Talk about creating moral hazard. The Fed has cornered almost 40% of all Treasuries over 5 years in maturity. I’ve just discovered the killer aspect line from Quantitative Easing. The Fed’s 4 years of QE, QE1, QE2, and QE3 has accumulated 36% of all Treasury securities between 5 years and 10 years …

Chrysler Slows But Doesn't Put Brakes On IPO Amid Questions Over Taxes

If you were hoping to own a piece of American car company, Chrysler, you’ll have to wait a little bit longer. Plan for an initial public offering (IPO) have been delayed – and taxes are reportedly to blame.<p>Chrysler Group, LLC, planned to go public by year end but problems with what’s being called a …

Jim Cramer's 'Mad Money' Recap: A Glass-Half-Full Market

Cramer agreed, saying that after a few years of skidding the solar industry may once again be in growth mode.<p>Lightning Round<p>In the Lightning Round, …

The US And Afghanistan Inked A Deal To Keep The War Going Through 2024

The U.S. and Afghan governments have agreed to a final draft in a bilateral agreement that lays out the relationship between the two nations and the end to the war in Afghanistan, this according to Richard Engel with NBC News.<p>According to a draft copy of the resolution obtained by NBC News, the …

5 Rocket Stocks to Buy This Week

BALTIMORE ( Stockpickr) -- U.S. stocks keep putting distance between where they started trading for the year and where they sit today -- but that's …

Jim Cramer's 'Mad Money' Recap: Stocks Are Where It's At

<i>Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.</i><p>NEW YORK ( TheStreet) -- If you care about …

W.P. Carey Breaks Below 200-Day Moving Average - Notable for WPC

In trading on Thursday, shares of W.P. Carey Inc (NYSE: WPC) crossed below their 200 day moving average of $65.98, changing hands as low as $65.94 per share. W.P. Carey Inc shares are currently trading down about 0.2% on the day. The chart below shows the one year performance of WPC shares, versus …

MTW Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of Manitowoc Co., Inc. (NYSE: MTW) crossed below their 200 day moving average of $19.31, changing hands as low as $19.30 per share. Manitowoc Co., Inc. shares are currently trading off about 0.5% on the day. The chart below shows the one year performance of MTW …

RSI Alert: Mattress Firm Holding (MFRM) Now Oversold

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a …

Gloomy View Of Economy Doesn't Scare Investors Away From Stocks, Survey Shows

October’s government shutdown may be fading into memory, but according to a new investor survey there may be lingering effects from the stalemate in Washington.<p>PNC Wealth Management surveyed investors with more than $500,000 in investable assets, and found skepticism about the prospects for much …

Oversold Conditions For Boyd Gaming (BYD)

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a …

Life-Time Fitness is Now Oversold (LTM)

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a …

Federal Reserve: No Changes Now But Bernanke Swan Song Could Be Surprising

The Federal Open Market Committee (FOMC) kept its policy rate target unchanged at 0% and its asset purchase program unaltered. Considering the partial government shutdown and the debt ceiling fight, it was widely expected that the FOMC would refrain from making any changes to its policy.<p>The economy …

Stocks At Mesmerizing Point, So Consider A Little Selling

One lesson I learned from my 30 years in Wall Street is that even investment professionals can act like novice investors given the right circumstances. Skill and experience don’t always protect us from Mr. Market’s crafty ways. Today’s market and my experience is a case in point.<p>Wednesday morning …

The New Korean Trade Report Should Have The Whole World Excited

Exports surged 7.3% year-over-year, which was much stronger than the 2.3% increase expected.<p>This bodes well for the upcoming economic data out of China and the rest of emerging Asia.<p>Korean trade data is extremely sensitive to the economic activity in developed and emerging Asia. It usually comes …

3 Classic Mantras That Hurt You More Than They Help

Entrepreneurs are known for their energy, drive, and the ability to stay the course. It serves them well sometimes—but not always. If you count yourself among them, you should know that the very ideas and beliefs that keep you motivated may actually do far more to undermine your productivity and …

Nobel Prize Winner Robert Shiller Is Responsible For The 2 Most Important Charts Of The Last Two Decades

Shiller is already a god among economists. He famously predicted two of the biggest bubbles of all time: the dot-com bubble and the housing bubble. Both times, he published an edition of his book Irrational Exuberance, which described and predicted each respective bubble.<p>The theme of this year's …

JPMorgan's Settlement Casts Doubts About Justice Dept.'s Prosecutorial Discretion

NEW YORK ( TheStreet) -- <b>JPMorgan Chase's</b> ( JPM) record $13 billion tentative settlement with the Justice Department concerning misrepresented …

REPORT: JP Morgan Is About To Pay A Gigantic Fine, And It Could Still Face Criminal Charges

It would be the largest civil penalty ever levied, representing more than half of the bank's 2012 profits.<p>But it may still not be enough to shield it from the Justice Department's Sacramento-based prosecutors.<p>The New York Times' Andrew Ross Sorkin reported yesterday the Eastern District of …