The hackers who pulled off the largest cryptocurrency heist in history “for fun” have returned the money — and the company that they stole from wants to pay them for their service…
Finance
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The Fed Just Published 36 Years of Its Money Data. It Shows a Spike in Repo Loans Is an Early Warning of an Impending Market Crash…
On July 29 the Federal Reserve released its Annual Report for 2020. The Appendix contains 13 statistical tables that would make most folks’ eyes glaze over…
Hidden Inside Infrastructure Bill Senate Just Paassed Is Pilot Plan to Tax Drivers by the Mile…Breakdown of $1.2T Infrastructure Bill…
Bill allocates $125million toward a vehicle miles traveled (VMT) tax pilot program…The Senate passed the measure in a Tuesday morning vote…A 2019 federal report found that adding the tax onto existing gas taxes could increase the prices of household goods for everyday families…
Target Joins Walmart, Chipotle and Starbucks in Offeering 100 Percent Free College Tuition and Textbooks to Attract Workers…
The retailer plans to spend $200 million over the next four years on the program…US-based employees will be able to choose from schools like Morehouse College, the University of Arizona, Oregon State, and the University of Denver…The program will be available to all 340,000 part-time and full-time workers…
Covid Outbreak Hits Carnival Cruise Despite Every Guest and Staff Member Being ‘Vaccinated’…
Somewhere near Cozumel in the Caribbean Sea, there’s a cruise ship that had zero unvaccinated people aboard but that still suffered an outbreak of Covid-19. This goes against the narrative that the reason for “breakthrough cases” is due to too many unvaccinated people mingling with those who have taken the experimental injections…
‘They got our luggage, our money and there’s no airline staff here’: Furious Travelers Blast Spirit and American for Canceling 670 Flights As Airport Chaos Enters Third Day…
Spirit Airlines canceled 165 flights on Sunday, more than 200 on Monday, and 290 on Tuesday…American Airlines canceled or delayed 1,500 flights on Monday and canceled 282 flights early Tuesday…At least 120 of the cancelled American Airlines flights are due to a ‘lack of a flight crew,’ according to CNBC…
STUDY: Democrats’ Capital Gains Tax Hike Could Cost More Than 745,000 Jobs…
Regional Economic Models Inc. projects enactment of STEP Act would result in GDP loss of $824 billion and private investment decline of $612 billion over a 10-year period…
U.S. Mega Banks Were Sitting on $6.56 Billion of Chinese Education Stocks That China Just Eviscerated…
According to their latest 13F form filings with the Securities and Exchange Commission, as of March 31, 2021 the U.S. mega banks on Wall Street held a staggering $6.56 billion in three Chinese education stocks that just had their business model put through a shredder by the Chinese Communist Party…
INSANE: The Fed Announces Plans to Permanently Backstop Wall Street with a Standing Repo Loan Facility of $500 Billion…Starting Tomorrow…
You really can’t make this stuff up. A G30 Working Group Chaired by Tim Geithner, the former President of the New York Fed, that secretly sluiced $29 trillion to bail out the Wall Street banks from their hubristic collapse in 2008, released a report today calling for a Standing Repo Facility from the Fed that would be “open to a broad range of market participants….”…
Hundreds of Alabama Coal Miners Protest Outside BlackRock’s NYC Headquarters…
BlackRock in NYC drew the striking Warrior Met Coal mine workers who are ‘simply following the money’…
JoeBama Under Fire Over Concerns Consumer Financial Protection Bureau Removed Top-Level Workers for Party Loyalists…
Toomey says the allegations, if true, ‘may violate employment and other laws’…
DOJ Seized the Gilgamesh Dream Tablet – a Portion of the Epic of Gilgamesh – from Hobby Lobby…
The Department of Justice announced that it seized a tablet from the Epic of Gilgamesh…According to the DOJ, the Gilgamesh Dream Tablet was smuggled into the US and then auctioned off…The ancient tablet had been bought by Oklahoma-based arts and craft superstore Hobby Lobby…
California Inmates Ran $1.4M Covid-19 Unemployment Benefits Fraud from Prison…
Justice Department says the scam ended up costing the California Employment Development Department more than $270,000…
PG&E Will Bury 10,000 Miles of Cable to Stop Sparking California Wildfires…
The monopoly utility has unveiled an ambitious plan to bury cables at a cost of $15-30 billion and pass the cost on to Californians…
Markets Plunge on Monday on Growing Reports of Fully Vaccinated People Getting Delta Strain of COVID-19…
Yesterday, the Dow Jones Industrial Average fell 725.8 points out of fear that there will be renewed business restrictions to deal with spiking COVID cases in all 50 states in the U.S….
Nancy and Paul Pelosi Making Millions in Stock Trades in Companies She Actively Regulates…
The Speaker, already one of the richest members in Congress, has become far richer through investment maneuvers in Big Tech, as she privately chats with their CEOs…
California Approves 1st State-Funded Guaranteed Income Plan…
California lawmakers on Thursday approved the first state-funded guaranteed income plan in the U.S., $35 million for monthly cash payments to qualifying pregnant people and young adults who recently left foster care with no restrictions on how they spend it…
Concerns Surround IMF Plan to Flood World with Liquidity…
U.S. dollar’s status as global reserve currency at risk amid CCP-backed IMF plan to boost global liquidity by funneling $650 billion to governments and pharmaceutical interests…
Inflation Data Released Today Shows White House July 4th Price Claims Were Total Crap, Gas Prices Doubled, Annualized Total Inflation Rises to 5.4 Percent and Climbing…
On July 4th, a little more than a week ago, the White House made the preposterous claim that holiday food was cheaper than last year. Everyone who buys groceries knew that level of propaganda was unmitigated nonsense and the consumer pricing data released today shows exactly that…
Wells Fargo Unexpectedly Shuts All Existing Personal Lines of Credit, Hinting U.S. Economy On the Edge…
Wells Fargo just announced that it’s shutting down all of its existing personal lines of credit – a popular product offered by the retail-focused Wall Street giant – a move that will likely infuriate legions of customers…
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