Independent thinking for complex markets and current events
Meta reportedly considering layoffs that could affect 20% of the company Meta is considering major layoffs that could affect 20% or more of the company’s workforce, according to Reuters. These layoffs could help the Facebook parent company offset its aggressive spending on AI infrastructure, as well as AI-related acquisitions and hiring. Meta employed nearly 79,000 …
Scientists have discovered that Pfizer’s COVID-19 vaccine may increase the risk of eye damage, leading to vision loss. The new study specifically examined how the vaccine affected patients’ corneas, the clear front part of the eye that allows light to enter. In 64 people, scientists in Turkey measured changes in the cornea’s inner layer, called …
The disastrous California wildfires are already one of the costliest disasters in U.S. history. Thanks to a combination of bureaucratic incompetence and neglect. Worst of all, guess who’s paying the bill? By Peter Reagan A personal story today. It will have relevance to you, though. Just stick with me a moment. As you may (or may …
The Food and Drug Administration will decide on a ban of certain food dyes in the coming weeks after receiving a petition to review the safety of Red 3, NBC News reports. “With Red 3, we have a petition in front of us to revoke the authorization board, and we’re hopeful that in the next …
With China and other foreign nations buying up farmland in the U.S., Brandon Smith of Alt-Market.us discusses the harmful ramification for Americans, and the future of our economy. By Brandon Smith In the past three years China has accelerated export agreements and industrial operations in Africa, becoming the continent’s largest bilateral trade partner. Given Africa’s complete lack …
by LebrontosaurausRex In the United States an 42% (aprox) of adults have a vitamin D deficiency. Signs and Symptoms often include bone and muscle pain, depression, irritability, sadness, anxiety, fatigue, poor sleep quality, poor immune response, and even hair loss. The good news is vitamin D can be supplemented safely ( 800 IU a day …
Here goes some news most Americans have been waiting for: The cost of cars and trucks in the United States is finally dropping, and new research shows the downward trend has been quite significant on vehicle prices already. Experts at InvestorPlace.com are warning that the latest developments are, in fact, proof that the auto market …
🚨#BREAKING: There’s a Major 911 outages hitting the entire state of South Dakota and becoming nationwide 📌#UnitedStates | #USA Currently, mysterious widespread outages are occurring across the nation, including the whole state of South Dakota and Nebraska, parts of Nevada,… pic.twitter.com/UdDjYDPYAB — R A W S A L E R T S (@rawsalerts) April 18, …
🚨🚨SWIFT planning launch of new central bank digital currency platform in 12-24 months Global bank messaging network SWIFT is planning a new platform in the next one to two years to connect the wave of central bank digital currencies now in development to the existing finance… — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) March 27, 2024
https://www.youtube.com/watch?v=9RTLHpVwzmI If you’re worried about your finances, you’re far from alone. U.S. banks are warning that a credit crisis worse than 2008 is on the horizon, and it is coming at the worst possible time for American families. Credit card issuers are about to tighten lending standards even further, making it more difficult for consumers …
This week, the Fed made it clear that they want core inflation down to 2% and that is not changing. Meanwhile, supply-side inflation remains a major issue for the Fed. Higher rates have become the new normal. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) September 22, 2023
by Dismal-Jellyfish Source: https://www.federalreserve.gov/monetarypolicy/fomcminutes20230726.htm Developments in Financial Markets and Open Market Operations: The manager turned first to a review of developments in financial markets over the intermeeting period. Market participants interpreted data releases as generally demonstrating economic resilience and a further easing of inflation pressures. The market-implied peak for the federal funds rate rose in response …
