Independent thinking for complex markets and current events
Last December, wholesale retailer Costco announced that they had sold over $100 million worth of gold in Q3 2023. Now, Wells Fargo estimates that Costco “may now be running at” $100 million to $200 million per month in gold sales. “Our work suggests there has been significant interest given COST’s aggressive pricing and high level …
I feel so sorry for this generation. They have been told they must work hard in school, taking AP high school classes, getting multiple college degrees from woke universities, and end up in a mountain of debt only to try to enter a job market that hardly exists for them. And… pic.twitter.com/TsybEnPbqf — Former Congresswoman …
For years, rumors spread on social media that Steven Reece Lewis, the chief executive officer of a now-shuttered cryptocurrency hedge fund called HyperVerse, was a “fake person” who “doesn’t exist.” After its investigation, The Guardian has confirmed that no organization cited on his resume “can find any record of him.” According to The Guardian, Reece Lewis’s qualifications all appear to be falsified …
via theverge: Comcast is notifying Xfinity customers of a “data security incident” it says resulted in the theft of customer information, including usernames, passwords, contact information, partial social security numbers, and more. In a notice on Monday, Xfinity said “there was unauthorized access” to its systems from October 16th to October 19th, 2023. BleepingComputer linked …
JPMorgan Chase’s handling of Lois White’s account, freezing it over a government check deposit, raises serious concerns about the bank’s customer service and accountability. The abrupt termination of her account, despite providing proof and documentation, underscores potential flaws in Chase’s verification processes. The incident not only leaves White financially stranded but also highlights the broader …
AI is coming for all knowledge jobs. It will take the place of thinking and turn humans into “arms and legs” with no brain needed and eliminate a huge number of jobs. This is the real doom. Many humans will become obsolete as workers. It has been predicted in movies for well over 30 years. …
The reasons vary, but the scene that plays out is almost always the same. Bank customers get a letter in the mail saying their institution is closing all of their checking and savings accounts. Their debit and credit cards are shuttered, too. The explanation, if there is one, usually lacks any useful detail. Or maybe …
During an argument related to pricing with two customers outside of the used car and repair shop, police said one of the customers started a physical fight. The other took out a gun and shot the employee twice. “He had an argument with customers over a vehicle transaction,” HPD Homicide Commander Christopher Hassig said. “Unfortunately, …
https://www.notebookcheck.net/Intel-claims-on-track-to-regain-foundry-leadership-from-TSMC-in-2025-secures-large-customer-for-18A-node-tech.745986.0.html “To achieve this, Gelsinger told the conference that Intel is on track with its manufacturing roadmap of 5 nodes in four years, regaining process leadership in 2025 with the 18A node, as reported by Creative Strategies analyst Ben Bajarin. Gelsinger added that following on from Meteor Lake (expected to be launched later this month), …
by FearlessEggplant3036 If they sell any of it at $200 the price will crash to $0, so they do monthly burns eg. if they burn: 1 billion coins x $200 = 200 Billion dollars burned, so why would a company “that doesn’t care about hundreds of billions” scam/embezzle a few billion dollars worth of customer …
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 …
He still doesn’t get it! Tone deaf Anheuser-Busch CEO won’t rule out Bud Light working with Dylan Mulvaney AGAIN – and then says firm needs to ‘appreciate’ what the consumer wants – despite debacle costing firm $20 BILLION and counting US CEO Brendan Whitworth refused to say if the company would work with Mulvaney again …
by Chris Black Part and parcel of owning a ‘smart’ home, I guess. Imagine being so lazy that you can’t even press a light switch but instead you talk to the computer that sends your voice to a remote server to decipher what you said and then send a command to turn of the light. …