Page 5 - Sam Ro News Today

Former Axios markets reporter Sam Ro spoke exclusively with Mediaite about his big move to Substack.

With the U.S. labor market likely to bounce back strongly this summer from a surprisingly tepid April showing, the risks of an overheating economy remain on the rise. “I do think there is a very good chance it [economy] will overheat,” said Jefferies Chief Financial Economist Aneta Markowska on Yahoo Finance Live. “I expect us ...

Consumer confidence is colliding with rising prices. On Friday, we learned the personal consumption expenditure (PCE) price index was up 3.6% year-over-year in April. The core PCE price index, which excludes food and energy, was up 3.1%, the biggest jump in this index since 1992. Similar to how they reacted to the hot April consumer price index (CPI) report, economists were quick to note this increase was largely due to temporary anomalies tied...

Good news! Local musicians to earn royalties from TikTok, Facebook, and Netflix Updated El Broide Share this: SAMRO has announced it has concluded a licening deal with the major tech companies and has started collecting royalties on behalf of local musicians. For the longest time, local musicians were not getting paid the royalties they deserved for content shared on TikTok, Facebook, and Netflix. However, the Southern African Music Rights Organisation (SAMRO) has announced that it has starte...

Newsmax Host Says Booming Trump Economy Officially Over, Welcome to Obamas 3rd Term On 5/10/21 at 3:05 PM EDT The host of Newsmax TVs Liberty Loving Latino program accused President Joe Biden of "blaming Trump" over a Friday Labor Department report that showed the U.S. economy added 266,000 jobs in April versus the 978,000 forecast by government economists. Salcedo accused "Democratic socialists like Biden" of perpetually denying accountability by blaming their GOP predecessors. Reiterating th...

Warren Buffett makes the case for doing what he says, not what he does: Morning Brief Sam Ro Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Picking stocks is so hard, even Buffett makes mistakes "I recommend the S&P 500 index fund and have for a long, long time to people," Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett said at the companys annual shareholders meeting on Saturday.  "And Ive never recommended Berkshire to anybody ...

The corporate tax angle no one is talking about: Morning Brief Myles Udland Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Changes in the U.S. tax code are a top of mind consideration for investors.  Last weeks headlines were primarily focused on potential changes in the capital gains tax; an increase in the corporate tax rate has also been proposed. Though as Yahoo Finances Rick Newman notes, any eventual changes in tax rates are lik...

okayafrica Still taken from YouTube. Kwaito Legend Protests Against South African Music Rights Organisation for Unpaid Royalties South African Kwaito musician, Eugene Mthethwa, has reached a resolution after protesting against the South African Music Rights Organisation (SAMRO). The Trompies member alleges that SAMRO has not paid royalties to him for more than thirty years. Eugene Mthethwa, of the famous kwaito group, Trompies, has gone on a protest against the South African Mus...

The Philippines has accused China of planning to occupy more areas in the South China Sea, repeating its demands for Beijing to withdraw a fleet of ships that has been amassing since last month around the Whitsun Reef, near the disputed Spratly Islands. Manila maintains that the reef is located within its 200-mile exclusive economic zone, and believes the flotilla is manned by Chinese militias. It said last Thursday it had discovered illegally built structures in the Union Banks, the series of ...

Trompies' Eugene Mthethwa wants answers from Samro!