Independent thinking for complex markets and current events
BREAKING: Amazon is planning a second round of job cuts next week as part of its broader goal of trimming some 30,000 corporate workers, two people familiar with the matter told Reuters https://t.co/ruqu8iV0DX pic.twitter.com/kcEtrCR9Xt — Reuters (@Reuters) January 22, 2026 ⚡️The system is eating itself. When Amazon, UPS, Intel, and others start cutting this deep …
Business owner: I have seen a constant increase of 25-50% in the cost of our equipment because of tariffs. Our most recent project, I received a $30,000 tariff bill. That cost was never forecasted and could have never been anticipated for. For a new small business, that kind of… pic.twitter.com/MaRaZ4qv2X — FactPost (@factpostnews) January 22, …
Authored by Mike Shedlock via mishtalk, Continued claims hit a new high since November 2021. Continued unemployment claims, data from Department of Labor, chart by Mish Today, the US Department of Labor released Unemployment Claims for the week ending August 16. Initial Claims In the week ending August 16, the advance figure for seasonally adjusted initial claims …
A migrant mother in Boston received $30,000 through Governor Maura Healey’s HomeBASE program. She used it in under 10 months. The program was designed to last two years. She’s now asking for more help https://www.dailymail.co.uk/news/article-14969147/migrant-mom-complains-taxpayer-housing-handout-massachusetts.html The program requires families to pay 30% of income toward rent. Nadine lost her job. Her boyfriend left. Her share …
New Medicaid work rules are set to drop 30,000 Central New Yorkers from coverage That’s not a policy tweak That’s a system shock Syracuse’s three hospitals are bracing for 14,500 newly uninsured patients Not over a decade Over two years That’s one in five of their Medicaid load evaporating These hospitals don’t get to turn …
https://twitter.com/TicTocTick/status/1915207793017049501
NYC’s shelter system has a problem – soon families who’ve received eviction notices will have to move out, yet while they’re moving out, gang members who’ve been identified by law enforcement as shelter residents will get to stay… because they moved in after the families with small children did. Reel – Cushy
https://youtu.be/A3Eq4oXDl1E A “mass brawl” between passengers onboard a Ryanair “flight from hell” caused the pilot to make an emergency landing after taking off in a seemingly never-ending chaotic scene ignited by a man asking to switch his seat. The London Stansted Airport-bound flight departed from Agadir, Morocco, on Wednesday when the chaos erupted at 30,000 …
Authored by Charles Hugh-Smith via oftwominds, Can a couple of hardworking people live well in America on $30,000 a year in earnings? Yes, if they’re willing to do what’s needed to make it happen. Is It possible to live well on $30,000 a year in America? Let’s start with the raw numbers. I am starting with …
/3 The program makes use of “parole,” which is a strictly limited authority intended to allow aliens to enter the country without a visa in emergency situations. — America First Legal (@America1stLegal) April 4, 2024 https://twitter.com/rev_cap/status/1776025488500166716
Mayor Eric Adams of New York on Thursday ratcheted up his feud with Gov. Greg Abbott of Texas, filing suit against 17 transportation companies that he said had carried out a plan by Mr. Abbott to send more than 30,000 migrants to New York City and make the city pay for their care. New York …
Google is actively engaged in advancing its AI model, but recent indications suggest that the tech giant is not just focusing on AI development for external applications but is also contemplating a significant shift in its operational structure. According to a recent report from The Information, Google is considering a substantial workforce reduction, potentially affecting …
Met Office experts have said a volcanic eruption could last ‘for weeks’ as 30,000 earthquakes have been recorded since seismic activity began three weeks ago. Authorities in Iceland have declared a state of emergency as the threat of an “imminent” volcanic eruption which “could obliterate the entire town of Grindavik” loomed. Speaking about the potential …
via CNBC: During the pandemic, shoppers splurged on higher-end new cars. Now, given the current high car costs and interest rates, drivers are shifting their focus to less expensive models. Finding one, however, might not be easy. More shoppers are opting for vehicles that fall in the $45,000-$50,000 range, the price point of mid-to-high-trim three-row …
by confoundedinterest17 Bidenomics at work! From the alleged more Pro-Union member of the US Senate and now El Presidente of the United Banana Republics of America. One of the biggest bankruptcies in US trucking history occurred Sunday when the nation’s third-largest less-than-truckload carrier, Yellow Corp., filed Chapter 11 in a Deleware court. The company has fallen …
Trucking giant Yellow collapsed on Sunday, ceasing operations immediately and leaving some 30,000 workers without jobs. The closure is the biggest in terms of jobs and revenue in the U.S. trucking industry, according to The Wall Street Journal – which first reported its shutdown. The company, which received $700 million in federal COVID relief funds …
Trucking giant Yellow collapsed on Sunday, ceasing operations immediately and leaving some 30,000 workers without jobs. The closure is the biggest in terms of jobs and revenue in the U.S. trucking industry, according to The Wall Street Journal – which first reported its shutdown. The company, which received $700 million in federal COVID relief funds …
JPMorgan Chase is saying tough luck to a customer after the bank handed tens of thousands of dollars over to an imposter with a fake ID. Justin Lee says he lost $30,000 after a man with false identification and an incorrect social security number walked into a Chase branch and convinced the bank to hand …