14Nov2019 Market Close: Bond Yields Tumble As Stocks Reach Longest (Best) Bull Market Ever, DOW Closed Down 2 Points Flat, Nasdaq Down -0.04% Flat, WTI Crude Settles At 56.86

Google antitrust probe to expand into search and Android: CNBC

(Reporting by Amal S in Bengaluru; Editing by Shounak Dasgupta)

Huawei, ZTE ‘cannot be trusted’ and pose security threat: U.S. attorney general

U.S. Attorney General William Barr said on Thursday that Huawei Technologies Co and ZTE Corp “cannot be trusted” and labeled them a security threat as he backed a proposal to bar U.S. rural wireless carriers from tapping an $8.5 billion government fund to purchase equipment or services from them.

Ford uses Mustang name, hoping new electric SUV will zap Tesla

Ford Motor Co will tag its new electric sport utility vehicle (SUV) with the Mustang name, the automaker said on Thursday, seeking to entice customers into a new era by linking it to the model whose groundbreaking design in the 1960s combined sportiness and affordability.

PayPal halts payment support to PornHub models

PayPal Holdings Inc said on Thursday it had stopped payment support to PornHub’s models after it found the adult entertainment website made certain payments without the permission of the payment processor.

City and union officials to consult on Philadelphia refinery sale process: U.S. court

A U.S. bankruptcy judge on Thursday approved a process for the sale of the Philadelphia Energy Solutions oil refinery, the largest and oldest on East Coast, under which city officials and a trade union will consult on the matter.

Stocks, yields fall as China slowdown deepens

World stocks edged lower and debt yields fell on Thursday as Chinese economic data slowed in October and Germany narrowly avoided a recession in the third quarter, adding to concerns about the impact of the U.S.-China trade war on global growth.

Fed’s Kaplan says strong consumer will help the U.S. economy avoid recession in 2020

Dallas Federal Reserve Bank President Robert Kaplan said he does not expect the U.S. economy to enter a recession next year, and he was optimistic that the strong consumer can help the U.S. economy overcome potential headwinds.

European pilot group demands action over Ryanair sick leave policy

The European Cockpit Association (ECA) pilot group has urged regulators to take action over what it described as a “safety hazard” caused by Ryanair’s approach to flight crews’ sick leave, according to a letter seen by Reuters.

Fed’s Bullard: ‘More normal’ yield curve bullish sign for 2020

The way U.S. bond markets responded to recent Federal Reserve interest rate cuts could be “bullish” for the economy, St. Louis Federal Reserve President James Bullard said on Thursday, adding he was ready to keep rates on hold and see how it plays out.

Bond Yields Tumble As Stocks Reach Longest (Best) Bull Market Ever

Bond Yields Tumble As Stocks Reach Longest (Best) Bull Market Ever

This is now the longest bull market in history… and the best ever…

Disney Puts “Outdated Cultural Depictions” Trigger Warning On Old Movies

Disney Puts “Outdated Cultural Depictions” Trigger Warning On Old Movies

Authored by Paul Jospeh Watson via Summit News,

Disney’s new streaming service includes trigger warnings on old movies that caution the viewer about œoutdated cultural depictions.

Fed Braces For Year End Repo Turmoil: Announces $55 Billion In 28, 42-Day Repos To Flood System With Cash

Fed Braces For Year End Repo Turmoil: Announces $55 Billion In 28, 42-Day Repos To Flood System With Cash

Just moments after we reported that according to Bank of America, the US financial system’s reliance on repos could “short-circuit the market’s ability to accurately price the supply and demand for leverage as asset prices rise”, and implicitly, facilitate the next financial crisis because “the Fed has entered unchartered territory of monetary policy that may stretch beyond its dual mandate”, the Fed confirmed just how reliant both it, and the entire US financial system is on the repo market, when it released its latest term repo schedule, one which for the first time included 28 and 42-day repos which would mature into the new, 2020 year, yet which amount to just a total of $55 billion collectively, an amount which we fear will be far too little to meet year-end liquidity demands, and represents just the first shot in the Fed’s scramble to flood the system with year-end liquidity. Meanwhile, the NY Fed is maintaining its $120BN in overnight repos indefinitely.

This is what the Fed released today at 3pm:

The Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York has released the schedule of repurchase agreement (repo) operations for the monthly period from November 15, 2019 through December 12, 2019. In accordance with the most recent FOMC directive, the Desk will continue to offer at least $35 billion in two-week term repo operations twice per week and at least $120 billion in daily overnight repo operations.

Travis Kalanick Is Dumping Even More Of His Uber Stake After Lockup

Travis Kalanick Is Dumping Even More Of His Uber Stake After Lockup

Update (Nov. 14): Earlier this week, we reported that Wall Street insiders are dumping stock at a record pace as the bull market in equities could be nearing an end.

We also said Travis Kalanick, Uber’s ousted co-founder, sold 20.3 million shares worth $547 million last week. Now a new filing shows Kalanick continues to dump stock this week.

The filing shows Kalanick dumped another $164 million of his Uber holdings, bringing the total amount sold since the 180-day lockup expiration on Nov. 6 to $711 million.

Kalanick still serves on Uber’s board and continues to maintain a 4.2% stake worth $1.9 billion. He’ll likely continue dumping shares as the company loses billions of dollars and records the slowest-ever revenue growth.

Investors fear that the money-losing technology company could face severe financial headwinds ahead of the next recession, which is why Kalanick isn’t sticking around and dumping his shares as fast as possible.

In the last 20 weeks, shares have plunged 42% as investors see no turnaround in the ride-hailing company.

Why India needs to rethink its decision to opt out of RCEP

Why India needs to rethink its decision to opt out of RCEPThere was a fear that there would be a surge in imports from China. There is a problem with this argument.

Voda Idea CEO speaks to staff to calm nerves

Voda Idea CEO speaks to staff to calm nervesVodafone Idea MD Ravinder Takkar told employees that the company is hoping for relief for the sector.

Labour Min tweaks social security code, again

Labour Min tweaks social security code, againThe ministry’s proposal to corporatise the EPFO had faced severe criticism from labour unions.

Capitol Report: Flurry of witnesses to testify in next impeachment hearings

A flurry of witnesses are scheduled to testify over the coming week in the impeachment inquiry into President Donald Trump, as Democrats try to use the hearings to build their case in public.

Former Barron’s publisher Bernard Flanagan, the mind behind the award-winning Creative Leaders campaign, dies age 88

Bernard Thomas Flanagan, who served his country as a sergeant in the Korean War and in a leadership role as an advertising executive, has died.

The Tell: How the Chinese yuan’s growing global influence is shaking up the currency market

The emergence of the yuan in trade-weighted currency baskets is shaking up the traditional drivers of the foreign exchange market, says Socià tà Gà nà rale.