Nearly 7 years ago, when the Dodd-Frank Act was signed into law Republicans have looked to repeal the legislation and now the House of Representatives are taking the matter to a vote. Former FBI Director James Comey testified on Capitol Hill, I’m joined by Bryan Pruitt, contributor with redstate.com to break it all down. China arrests more than 20 people for allegedly selling iPhone user data on the black market. After the break, Memphis TN finds a way to help employees pay of student loans. Finally, Peter Schiff, CEO of Euro Pacific Capital joins us to talk gold and how it’s on a rollercoaster ride based on the news around the world including the Comey testimony and British elections.
Trump’s tariff threat has taken a toll on markets, and the quake is being felt the world over, and Boom Bust is hitting several aspects today. RT Correspondent Sara Montes de Oca takes a look at the details of the threat and what this will mean for trade talks with China going forward. Plus, Tom Gandolfi of Three Bridges Financial Group lends us a hand to see just how markets across the globe have reacted and what the future has in store for stocks. And Chris Martenson of Peak Prosperity is back to break down the impact of these threats on energy markets and helps us find out which safe havens investors can be on the lookout for.
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Oil prices are still on the rise, but are standing on firm ground or shaky surfaces? Chris Martenson gives us insight as oil markets head into the 2nd Quarter of 2018. China and the US have been on the brink of trade war for what seems like a year now, but with ZTE and auto tariffs making headlines, are we closer than ever before? Steve Malzberg joins Bart to discuss .That and more on Boom Bust! [1091]
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Is 2019 going to be a strong start for the auto industry or are we going to flood the engine? Lauren Fix joins us and takes us behind the wheel to find out! China has landed on the dark side of the moon; Caleb Maupin and Alex Mihailovich take us in space on this one! And Holland Cooke returns as he and Bart examine how the government shutdown is affecting TV viewers! [1227]
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Amid the cascade of red arrows, markets surged on Tuesday following hopes of stimulus measures from the U.S. government. We bring you expert analysis on the rebound and whether the growth will continue. Plus, as the pandemic continues to spread, so too have scammers looking to profit off the crisis. We take a look at what efforts Amazon has made to crack down on con artists.
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Millions of Americans who were at risk of losing their healthcare coverage will stay insured. On Thursday, in a 6 to 3 ruling, the Supreme Court said that nationwide subsidies called for in the Affordable Care Act were legal, giving the healthcare legislation a new lifeline. It was all hung up on one very small phrase in the legislation that says subsidies can only apply to participants enrolled through “an exchange established by the State.” Boom Bust’s Ameera David weighs in.
Then, Edward Harrison sits down with David Beckworth – associate professor of economics at Western Kentucky University and adjunct scholar at The Cato Institute. David gives us a detailed look into how the Fed’s interest rate policy contributed to the US housing and mortgage boom and bust.
After the break, Bianca Facchinei takes a look at a new issue plaguing the US housing market: inequality. We've come a long way since 2008, with upper- and middle-class homes rising in price. But not much has improved for the working classes.
Afterwards, Ameera is joined by Erin Ade to talk about how Google shut down Disconnect – an app designed to help users maximize privacy – and how they responded by filing a complaint with European antitrust regulators.
And in The Big Deal, Ameera and Edward continue the discussion on the US economy. The US economy is not firing on all cylinders but it is doing better than it was in the first quarter. Recession is not an issue.
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American lawmakers fail to overturn the Affordable Care Act, giving Donald Trump his first defeat in office. Former Commissioner, of the U.S. Commodity Futures Trading Commission, Bart Chilton joins us to discuss “Trumpcare” and what’s next. On capitol hill, U.S. senate members look to block internet privacy regulations, Boom Bust’s Manuel Rapalo takes a look at how the change could impact you. Mexico may be ready to step away from NAFTA if the new deal isn’t good enough, Boom Bust’s Bianca Facchinei takes a look into the discussions. After the break, could it be true that Italy is falling out of love with Europe? We sit down with CEO of Euro Pacific Capital, Peter Schiff to discuss Trump’s tax reform plans and the debt ceiling he may push upward.
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Oil is making huge moves once again! Raghee Horner discusses the latest movements for black gold! Job numbers were released and surprisingly, unemployment fell; Steve Malzberg gives us his thoughts on the new numbers. Disney’s move to buy Fox is getting more complicated, so Holland Cooke straightens it out for us. South and North Korea make moves towards peace; Alex Mihailovich has the story .
That and more on Boom Bust! [1069]
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RT’s Boom Bust host Ameera David reports from Havana on the tourism industry in Cuba following moves by US president Barack Obama and Cuban President Raul Castro which have made it easier for Americans to visit the island. But with the influx of tourists, will Cuba be able to accommodate them?
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Digital advertisers make big bucks off of sites like Facebook, but could that change soon? Michael Delpierre sits down with Bart Chilton to discuss. Bitcoin inches towards a $10k breakout but will it hit the mark? Boris Ilyevsky and Jeffrey Tucker examine the crypto-market. That and more on Boom Bust! [1072]
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