Russia exhibits Western ‘trophy’ tanks captured in Ukraine… $100 million base, built by U.S. turned over to Russia.

Western tanks and military hardware captured by Russian forces in Ukraine went on display in Moscow at an exhibition the Russian military said showed Western help would not stop it from winning the war. And this… $100 million base, built by U.S. turned over to Russia. Russian military personnel have entered an airbase in Niger …

READ MORE

Gee Janet – I wonder whose fault that is.

A Redfin report confirms the grim reality: home prices have surged nearly 5% year over year across every major U.S. city, while mortgage rates approach 8%. Treasury Secretary Janet Yellen’s testimony underscores the dire situation, describing it as “almost impossible” for first-time buyers to enter the housing market amidst this lethal combination of factors. Key …

READ MORE

I’ve always found it amusing how out of touch some billionaires are with the plight average joes struggle with.

You spent all 1200 of your stimulus checks? Maybe you just need to stop spending so much on coffee and Avocado toast. /s “JP Morgan CEO Jamie Dimon has been widely criticised for suggesting that average Americans are doing well financially despite rising inflation and stagnant interest rates putting a strain on household budgets. Dimon …

READ MORE

The Stag In Stagflation! Non-farm Productivity In Q1 Grew At A Measly 0.3% Annuaized While Unit Labor Costs Soared 4.7%

by confoundedinterest17 Fed Chair Powell yesterday said he doesn’t see the “stag” in stagflation. Really? Well, in Q1 in the US… it failed to show up as non-farm productivity – or nonfarm employee output per hour – rose at a measly 0.3% annualized rate after an upwardly revised 3.5% gain in the prior period (well below expectations)… Source: …

READ MORE

Job growth dominated by gov’t and healthcare sectors, part-time jobs dominate.

Government and healthcare sectors drive job growth, with 61% of net payrolls added in the last year. Despite a recent increase in full-time work, the economy has lost full-time jobs over the past 12 months, with all net gains in part-time employment. Employment of foreign-born workers has surpassed pre-pandemic levels, while native-born Americans lag behind. …

READ MORE

Governor Healy (D-MA) signs a funding bill allocating up to $426 million to house undocumented immigrants in Massachusetts.

In a move that has ignited a firestorm of controversy, Governor Healy of Massachusetts has signed a funding bill earmarking up to $426 million to provide housing for undocumented immigrants in the state. The decision, coming in the wake of Biden’s landslide victory in Massachusetts and the passage of a “right-to-shelter” law by Democrats, has …

READ MORE

Wall Street is celebrating weakening job market

Despite weaker-than-expected job numbers in April, Wall Street is celebrating as the report suggests a potential delay in interest rate hikes. Bonds, stocks, gold, and cryptocurrencies are rallying in response to the news, with the VIX tumbling. Wall Street is celebrating weaker-than-expected jobs numbers in the non-farm payrolls data this morning. This report allegedly pushes …

READ MORE

She’s right, you know.

These are the chads I would have rolled my eyes at in college for yelling at my friends and I to show them our boobs while we ran by their houses and now they’re … our last line of sanity. https://t.co/SsQvovRm7P — Lyndsey Fifield (@lyndseyfifield) May 1, 2024   Related: Normal Kids Get F*cked: Elite universities …

READ MORE

Facebook, YouTube, and Amazon admitted implementing censorship policies due to Biden government pressure.

In a startling revelation, tech giants Facebook, YouTube, and Amazon have admitted succumbing to government pressure, igniting fears of a chilling effect on free speech online. The implications of this admission are profound, raising concerns about the erosion of digital liberties in the digital age. If it’s getting worse, we could see a potential escalation …

READ MORE

Mike Flynn claims hit by ‘8 subpoenas last night’ as an effort to keep Donald Trump out of office.

Disgraced former National Security Adviser Michael Flynn revealed that he had been served with eight subpoenas in one night in what he said was an effort to keep Donald Trump out of office. During a Thursday interview with right-wing host Steve Bannon, Flynn insisted that there was “no way in the world” Democrats wanted Trump …

READ MORE

Majority Russian State owned oil and gas giant Gazprom reports record net loss for the first time in 25 years in blow to Putin

Russian natural gas giant Gazprom plunged to a loss of 629 billion roubles (£5.5bn) last year as its sales to Europe more than halved following Vladimir Putin’s decision to invade Ukraine. The energy giant’s shares in Moscow were down around 3.3pc after revealing the downturn, which was far steeper than the 447 billion rouble (£3.9bn) …

READ MORE

Joe Biden: US is prospering because of immigrants, unlike ‘xenophobic’ Japan

Biden has taken a swipe at US ally Japan, blaming xenophobia for its economic struggles as he praised the positive impact of immigration on America. At an election campaign fundraiser in Washington on Wednesday, the US president suggested that his country’s economy was growing in part “because we welcome immigrants”. Is he serious?!!https://t.co/cdTLaV2QlZ pic.twitter.com/vFh6g2sSVu — …

READ MORE

US unemployment claims show minimal volatility in recent weeks despite potential variations.

Over the past 13 weeks, initial unemployment claims have remained remarkably consistent, hovering around 212k, despite the inherent variability in state programs and seasonal factors such as holidays. If the trend of minimal volatility persists, it could erode confidence in the accuracy of unemployment data and raise concerns about underlying economic conditions. Further stagnation in …

READ MORE

Career Felon with 105 convictions arrested for attacking, kidnapping, and raping Amazon delivery driver

A convicted felon, who has been charged with 105 offenses in Nashville since 2007, was arrested Friday for allegedly raping and kidnapping an Amazon delivery worker. The 25-year-old victim was delivering packages to the building at around 4 a.m. Friday, April 26, when Hamilton allegedly pushed her further into the mailroom and shut the door. …

READ MORE

Crash risk is high.

The Fed’s planned balance sheet taper starting in June poses risks reminiscent of the 2019 Repo crisis. Crash risk is high. pic.twitter.com/oKDgxkJyaq — Mac10 (@SuburbanDrone) May 1, 2024 To the bulls who are now saying that the Fed's planned balance sheet taper starting in June is "bullish", I would point out that it was QT …

READ MORE

Forbearance programs are leading to underwater loans, causing homeowners to owe more than their original mortgage.

Amid the housing market turbulence, forbearance programs are unraveling homeownership dreams as borrowers find themselves trapped in a vicious cycle of debt. With equity eroded and surprise liens looming, the reality of deferred payments is dawning harshly on many. 2) What this gentlemen describes is the status quo- "I don't have to pay it right …

READ MORE

Powell and Yellen’s conflicting remarks exacerbate stagflation speculation amid economic turbulence.

Tensions escalate as Federal Reserve Chair Powell and Treasury Secretary Yellen offer conflicting narratives amidst economic turbulence, exacerbating concerns over stagflation. Powell’s dismissal of stagflation contradicts recent economic indicators, including a sharp GDP growth downgrade to 1.6% and consecutive months of surging PCE inflation. In a puzzling turn, Yellen asserts consumer prosperity despite rising prices, …

READ MORE

Global Central Banks Break Record, Purchasing 289 Tonnes of Gold Amidst Worsening Deficits Worldwide

Amid escalating concerns over fiscal deficits worldwide, the surge in gold purchases by central banks during the first quarter signals a broader financial instability, echoing fears beyond the US alone. As governments grapple with post-COVID economic challenges, the unprecedented acquisition of gold underscores growing uncertainties and the quest for stability in a volatile global economy. …

READ MORE

Market turbulence intensifies as S&P 500 braces for potentially significant Fed-induced volatility.

Futures selling off again. Looking like it’s going to be a rough open. — QE Infinity (@StealthQE4) May 1, 2024 Amidst escalating investor nervousness, sharp outflows from $LQD ETFs signal heightened concerns over US high-grade credit, amplifying anxieties about the looming Federal Reserve interest-rate decision. As traders anticipate the largest Fed-day move in the S&P …

READ MORE

ABC News: “Some California restaurants face stark realities – ‘We quickly shifted from being profitable to losing money’”

California’s recent minimum wage hike, especially for restaurant workers, has sparked significant challenges for the industry. Restaurant owners, including those at popular chains like Chipotle and McDonald’s, are grappling with operational and financial adjustments to stay competitive while meeting increased labor costs. Who could have predicted that? It’s not like economists have been warning about …

READ MORE

Newsom’s Request for New California Coin Ideas Sparks Public Response

California Governor Gavin Newsom recently found himself in a rather unexpected situation. Seeking public input on the design of a new California coin, he opened the floodgates to a deluge of ruthless and often scathing suggestions. https://www.msn.com/en-us/news/us/newsom-s-request-for-new-california-coin-ideas-sparks-public-response/ss-AA1nVY2C https://www.msn.com/en-us/news/us/newsom-gets-hilarious-reality-check-after-turning-to-public-for-new-state-coin-design/ar-AA1nPfNL View post on imgur.com View post on imgur.com View post on imgur.com View post on imgur.com View …

READ MORE

Starbucks reports widespread consumer pullback

In a saga of economic upheaval, Starbucks unveils a grim reality: consumer transactions plummet, revenues falter, and job cuts soar to record highs. As the ominous shadow of uncertainty looms large, the once bustling landscape of consumer confidence now stands at its lowest ebb since 2022, echoing the foreboding whispers of a storm on the …

READ MORE

Car goes in for maps upgrade – comes back with new terms of service – GeoFencing at government control added

#Geofencing and #geotiming on your car. Just a conspiracy theory right, that you could get your EV a shut down…. Maybe like when they want to lock down next. Or limit your mileage. Is it still conspiracy https://t.co/IXUuTaROhZ — John Olooney (@OlooneyJohn) April 30, 2024 See also…. Testing Tech in Paradise: Queensland’s Sunshine Coast Queensland’s …

READ MORE

The judge considers jail for Trump due to limited fines.

This is kind of insane. The judge might throw Trump in jail because the fines are too small. https://t.co/AjZnJyffAA — Ian Miles Cheong (@ianmiles) April 30, 2024 The judge presiding over Donald Trump’s hush money case on Tuesday held the former president in criminal contempt over a series of posts on Truth Social that he …

READ MORE

The MSM are in full blown panic

Dread it. Run from it. Destiny arrives all the same. The MSM are in full blown panic 😈 pic.twitter.com/6qS8fcNcBS — Clandestine (@WarClandestine) April 30, 2024 The poll is a joke and the question poorly framed. pic.twitter.com/ZT8FcNhmKa — Mario Campa (@mario_campa) April 29, 2024 So you say you watch the MSM for your news, why? They …

READ MORE

They want you paying for Ukraine forever

Zelensky announces that Ukraine is working on a security agreement with the U.S. that will fix levels of support for the next 10 years. The $61 billion was just the beginning. The next two U.S. presidents won’t be able to switch it off. pic.twitter.com/q1RWCxf93m — David Sacks (@DavidSacks) April 28, 2024 Ukrainian Troops Retreat As …

READ MORE