Presidentish Joe Biden’s dictatorial vaccine mandate executive order will mostly hurt those who can least afford it, at least if the actual numbers are anything to go by…
Finance
Latest News
August Producer Price Inflation Shows Highest Increase 8.3% Since Tracking Began, Previous Record Was Last Month…
The Bureau of Labor and Statistics (BLS) released the August review [DATA HERE] of producer prices for last month. August rose 0.7% with cumulative results now showing an 8.3% increase in prices; the largest year-over-year jump in prices for final demand products in the history of tracking. The prior record was July with 7.8%…
Brace For Buyback Tsunami Following Record Flood Of Corporate Bond Issuance…
While traders were focused on today’s ECB meeting and the (spectacular) 30Y auction which initially pushed yields higher on supply concerns only to see them slide right back down after the huge buyside demand for ultra-long dated paper, the real action was in corporate bond land where the last few days have seen an unprecedented borrowing binge…
Big Miss, August Labor Report Shows Gains of Only 235,000 Jobs, Missing Expectations by More Than 500,000…
The Bureau of Labor Statistics has released the August jobs report [Data Link Here] showing only 235,000 jobs created in August. Economists and financial analysts were predicting 750,000+…
Banking Giant UBS Bucks Vax-or-Ax Sweeping U.S. and Will Allow Worker Who Are Choosing Not to Get Vaccinated to Work from Home…
UBS bank will allow more than 25,000 U.S. workers to work from home if they decided not to get vaccinated against COVID-19…The move comes as major employers in the U.S. impose their own vaccine mandates for workers to be vaccinated by September and October…Goldman Sachs, Morgan Stanley and Citigroup have said the vaccine would be mandatory for all U.S. employees…
SLIPPERY SLOPE, Delta Airlines Will Fine Non-Vaccinated Employees $200 Per Month For Non Compliance With Corporate Demands…
Comrade citizens, in the first in nation development, Delta Airlines Corporation has announced it will begin fining non-vaccinated employees $200/month for refusing to take the COVID-19 vaccine…
Feds: Netflix Employees Made Millions from Insider Trading Ring…
The U.S. Securities and Exchange Commission (SEC) has charged three former Netflix software engineers with running an insider trading ring that generated $3 million in profits…
U.S. Treasury Freezes Billions in Afghan Reserves, Depriving Taliban of Cash…
After handing the Taliban US-supplied military hardware on a silver platter thanks to the botched Afghanistan withdrawal, the Biden administration scrambled to deprive the terrorist organization of funding – freezing Afghan government reserves held in US bank accounts, and blocking the Taliban from accessing billions of dollars held in US institutions, according to the Washington Post, citing two people familiar with the matter…
Kyle Bass: China to ‘Move in Under Security and Diplomatic Guise’ to Pilfer Afghanistan’s Trillions in Minerals…
Kyle Bass is warning that China – which announced it was ready to deepen “friendly and cooperative” relations with the Taliban mere hours after they toppled the Afghan government – is going to “move in under security and diplomatic guise” to pilfer Afghanistan’s trillions in mineral deposits…
Producer Price Index Records Highest Inflation Rate in History Since Tracking Began…
The “producer price index” is essentially the tracking of wholesale prices at three stages: Origination (commodity), Intermediate and Final. The Bureau of Labor and Statistics (BLS) released stunning price data [Available Here] showing a dramatic 7.8% price increase in Final Demand products at the wholesale level…
Biden Begs Middle East for Oil While Halting Oil Production in Alaska…
The Biden administration begged the Middle East to ramp up oil production Wednesday as American producers sit still on Alaska’s frigid North Slope…
Hackers Behind $610M Crypto Heist Return Money, May Get ‘Bug Bounty’…
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…
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….”…
- « Previous Page
- 1
- …
- 55
- 56
- 57
- 58
- 59
- …
- 163
- Next Page »