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With the second-lowest month of hires in the 21st century, the industry is struggling like never before. This slowdown is telling us a lot about the broader economy. Even during the height of the pandemic, there were more job openings …
At least 38 passengers and crew members were injured during an “unexpected aircraft movement” on a United Airlines flight bound for Washington Dulles International Airport from Nigeria, according to officials and the airline. United Airlines Flight 613, a Boeing 787-800, …
The owner of UnitedHealthcare reported record full-year revenue but lower profits for 2024, just weeks after the brazen killing of a top executive inflamed the national ire against insurance companies. Why it matters: It’s the first earnings report for UnitedHealth Group since Brian Thompson’s killing …
Quantum stocks are tanking in after-hours trading 👀 • $QUBT: -15%• $IONQ: -17%• $RGTI: -18%• $QBTS: -18% pic.twitter.com/yJO8oOp8OX — Shay Boloor (@StockSavvyShay) January 7, 2025 (Bloomberg) — The shares of IonQ Inc. and other companies linked to quantum computing tumbled …
Treasury yield spreads widening could signal a significant market pullback, historically linking to major SPX crashes. Bear Porn Update: A freight train is coming for SPX, NDX, DJIA, and RUT…Why, you ask? Because history tells us. Just have a gander …
Are we witnessing ‘peak China’? GDP projections have fallen dramatically over the past ten years.As a reminder, China’s demographics, the key ingredient for potential GDP growth, are way worse than those of the United States. This also explains why debt …
The S&P 500 is at the same level today as it was on the day after the election. It has gone nowhere for two months, amid EPIC levels of bull shit. New highs – lows peaked the week of the …
Michael Saylor is freaking out right now because when Bitcoin drops, non-recourse lenders are entitled to the collateral (Bitcoin). In this case, unless Saylor was able to massively dilute his shares to raise capital the lenders would simply take all …
Major insurer Liberty Mutual is dropping all its condo policies in California, it has announced. The company, which is the fourth-largest home insurer in the state, has told regulators that it will stop offering new condo and renter policies next …
Bitcoin Keeping it simple Below 96700 for more than 72 hours and its lights out. Either way, its lights out in the not to distant future. pic.twitter.com/COraOh44fL — The Great Martis (@great_martis) December 21, 2024 will be zero soon https://t.co/1tVncx2mhD …
As expected, RRPs are down again, now below $100 billion as Fed's rate cut has reduced incentive to park liquidity at this facility; we'll be seeing repurchase agreements ramping up in the New Year and then the '19 repo crisis …
For reference, Chinese yields are already lower than during the peak of the Great Financial Crisis and the pandemic meltdown. Something huge is happening in China – and we should pay attention. 2/ pic.twitter.com/zwWT9y7jsQ — Alf (@MacroAlf) December 20, 2024 …
Hey Bob – you're close. Get this, if MSTR does -50% in a day, then the MSTUMSTX 2x funds get wiped out. Completely. Everyone loses -100% of their money. ~10bn aum between the two leveraged funds on a stock with …
‼️SELL SIGNAL FOR STOCKS TRIGGERED‼️ Cash levels* in global investors portfolios fell to 3.9%, triggering a “sell signal”, according to BofA. This is one of the lowest readings in history. It suggests lower returns ahead. *Survey of 171 fund managers …
For a massive chain like Walmart to be closing stores right as we enter the busiest shopping season of the year, something really bad must be going on. A few weeks ago, the company’s CEO Doug McMillion shared a bleak …
Steepest drop since September 2008. pic.twitter.com/8lMdk43vdb — Financelot (@FinanceLancelot) December 16, 2024 China’s retail sales rose by 3% in November from a year ago, according to National Bureau of Statistics data released Monday, missing the forecast of 4.6% in a …
Adobe shares fell 14% on Thursday, their steepest drop since September 2022, after the software vendor issued disappointing revenue guidance. Sales in the fiscal first quarter will be between $5.63 billion and $5.68 billion, Adobe said in its fourth-quarter earnings report late Wednesday. …
Home sales in Miami, FL have collapsed. Down 48% from their pandemic peak. Miami has experienced the largest drop in buyer demand of any large metro area in the last 3 years. Prices in Miami are still high. But could …
by confoundedinterest17 The last gasp of the Biden/Harris reign of (economic) error! After existing home sales unexpectedly ticked up in October, analysts expected new home sales to slow after their recent resurgence (-1.8% MoM). They were right… BUT… the magnitude …
“While September CPI inflation is at 2.4%, inflation is much higher in many basic necessities: 1. Car Insurance Inflation: 16.3% 2. Transportation Inflation: 8.5% 3. Homeowner Inflation: 4.9% 4. Car Repair Inflation: 4.9% 5. Rent Inflation: 4.8% 6. Hospital Services …
U.S. STOCKS EXTEND FALL, NASDAQ DOWN 440 points as Big Tech like $META, $NVDA, $TSLA, $AAPL, and $GOOGL are falling again. #StockMarket #NASDAQ #BigTech #marketupdate pic.twitter.com/RzhbTEm8CD — Allen Shkair (@AllenShkair) July 24, 2024 #Bitcoin topped first and now $NVDA joining …
This should be interesting… A Russian citizen has been detained in Montenegro at the request of U.S. authorities on suspicions of having illegally interfered in the 2020 U.S. election, according to Russian and Montenegrin media on June 21. https://t.co/fulTY7iFM0 — …
The Federal Reserve has significantly reduced its balance sheet. Some analysts predict a market downturn due to the decrease in liquidity, which has been exacerbated by 11 interest rate hikes that typically take 18 months for the market to digest. …
by Chris Black Never forget what this Bayer executive said: “mRNA shots are ‘gene therapy’ marketed as ‘vaccines’ to gain public trust.” pic.twitter.com/4B0ytU1lXp— Died Suddenly (@DiedSuddenly_) February 11, 2024 Maybe the global warming hoax will end up being bigger, but …
A Las Vegas swingers house appearing to be models after the Playboy Mansion is having difficulty selling despite a $12 million cut in its price tag. The famous ‘Las Vegas Underground House’ on 3970 Spencer Street became available to purchase …
BREAKING 🚨: German Home Prices German Home Prices fell by 10.2% during the 3rd quarter, the largest decline ever recorded pic.twitter.com/AxFczLZ3JL — Barchart (@Barchart) January 14, 2024
Wall Street banks are preparing to communicate 2023 compensation to staff. Bonuses will likely be flat or down from last year, which was markedly disappointing. Business Insider compiled a schedule for when each big bank will tell employees what they …
The sustained 18-month decline in the Conference Board Leading Indicator is a worrying trend reminiscent of historical economic crises, particularly in 1973-74 and during the Global Financial Crisis. The current -7.8% decrease aligns with significant economic downturns over the past …
Morgan Stanley’s stock takes a significant dive, while Bank of America sees a decline in deposits, albeit slower than JPMorgan Chase, amid increasing competition for deposits. The U.S. commercial property sector is experiencing its highest distress level in a decade, …
🚨🚨🚨 The average 30-year fixed mortgage rate hits 8.00% for the first time since 2000. Taking into account mortgage rates, incomes, and house prices, October 2023 stands out as the least affordable month for U.S. housing this century. Spread: 308 …