An interest rate cut right now won’t save them. There’s a lag effect in both directions. A hard landing is baked in. Americans worry more now than during the Great Recession July 25, 2024 12:00 pm
German manufacturing woes persist in July PMI; service sector growth can’t offset overall contraction, worsened by Russian sanctions. July 25, 2024 10:39 am
Whistleblower tips reveal financial firm misconduct; muzzling employees via non-disclosure agreements may violate federal law. July 25, 2024 10:37 am
Community note: “The BBC and BBC Verify have long been criticised for alleged bias and often not reporting on news that doesn’t align with their political agenda. BBC Verify is not the ultimate arbiter of truth.” July 25, 2024 10:33 am
GovTrack just DELETED their 2019 page that ranked Kamala Harris as THE MOST LIBERAL of all 100 Senators July 25, 2024 10:23 am
The sudden rally of the Japanese Yen sparked widespread liquidation across financial markets, with the AI crash hitting hard. July 25, 2024 9:02 am
IRS allows $1000 penalty-free emergency withdrawals from retirement accounts, reflecting tough economic times. July 24, 2024 10:35 pm
Trump warns that if Kamala Harris wins the presidency, she’d be the “most radical far-left extremist ever to occupy the White House—times ten.” July 24, 2024 9:33 pm
Deutsche Bank warns of significant losses from commercial real estate, reports €143M Q2 net loss. Blackstone Mortgage REIT cuts dividend amid distress July 24, 2024 8:40 pm
“Fear of missing out has morphed into fear of messing up”…. Homebuyers are backing out of deals at a record pace July 24, 2024 2:53 pm