“Netflix and tax? Uncle Sam may be the next thing coming to your Netflix, Inc. (NASDAQ: NFLX) subscription. California cities are weighing a potential streaming tax to put a damper on your binge-watching habits, according to a report from the Los Angeles Times. Pasadena city officials are considering whether or not to lump in streaming…
Stocks fell on Monday on the first trading day of the month and quarter. Economic data was mixed. The PMI Manufacturing Index came in at 51.5, lower than the last reading of 52.0. The ISM Manufacturing Index came in at 51.5, beating estimates for 50.2. Finally, construction spending slid -0.7%, missing estimates for 0.3%. Meanwhile,…
Market Update: Stock futures are slightly higher ahead of Tuesday’s open as investors wait for earnings season to begin in earnest next week. Gary’s Thoughts: Quiet with a little bump in Nasdaq but gold/silver are indeed breaking support before the open. We shall see if they hold. Economic Calendar: Jeffrey M. Lacker Speaks 8:05 AM ET…
http://www.bloomberg.com/news/articles/2016-10-03/netflix-rises-on-takeover-speculation-as-quarterly-earnings-loom
http://www.bloomberg.com/news/articles/2016-10-03/morgan-stanley-unit-accused-of-high-pressure-sales-tactics
http://www.foxbusiness.com/politics/2016/10/03/supreme-court-begins-new-term-amid-critical-uncertainty.html
https://video.foxbusiness.com/v/5153147582001/illinois-suspends-business-with-wells-fargo/?#sp=show-clips
http://www.reuters.com/article/us-ford-latches-idUSKCN1231MD
http://www.reuters.com/article/us-usa-autos-idUSKCN1231DL
