The nation’s commercial banks and savings institutions reported a 13% rise in net income in the third quarter, hitting a record as institutions’ profits soared and expenses moderated.
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Time For Truth: (Wall Street Journal) – U.S. Banks Report Record Profit in Third Quarter
U.S. consumer prices recorded their biggest increase in six months in October on rising gasoline costs and rents, suggesting a pickup in inflation that
potentially clears the way for the Federal Reserve to raise interest rates in December.
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Time For Truth: (Reuters) – U.S. consumer prices post largest gain in six months
China’s holdings of U.S. Treasuries fell to the lowest level since November 2012, as the world’s second-largest economy draws down its foreign reserves to prop up the yuan.
The biggest foreign holder of U.S. government debt had $1.19 trillion in bonds, notes and bills in August, down $33.7 billion from the prior month, the biggest drop since 2013, according to U.S. Treasury Department data released Tuesday in Washington and previous figures compiled by Bloomberg.
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Time For Truth: (Bloomberg) – China Holdings of U.S. Treasuries Drop to Almost Four-Year Low
Smartmatic, a U.K.-based voting technology company with deep ties to George Soros, has provided voting technology in 16 states including battleground zones like Arizona, Colorado, Florida, Michigan, Nevada, Pennsylvania and Virginia. Other jurisdictions affected are California, District of Columbia, Illinois, Louisiana, Missouri, New Jersey, Oregon, Washington and Wisconsin.
Its website includes a flow-chart that describes how the company has contributed to elections in the U.S. from 2006-2015 with “57,000 voting and counting machines deployed” and “35 million voters assisted.”
The latest secretive mission of the United States Air Force’s X-37B space plane has cruised beyond 500 days in Earth orbit since its launch last year.
The U.S. military launched the robotic X-37B space plane on May 20, 2015, marking the fourth flight for the Air Force program. A United Launch Alliance Atlas V rocket lofted the spacecraft from Florida’s Cape Canaveral Air Force Station to kick off the OTV-4 mission (short for Orbital Test Vehicle-4).