Walmart is ending all woke policies

via Robby Starbuck: MASSIVE news: Walmart is ending their woke policies. I can now exclusively tell you what’s changing and how it happened. Last week I told execs at @Walmart that I was doi… Continue reading by subscribing. Username Password Remember Me     Forgot Password

Trump supports ending the “double-tax” burden on Americans living overseas.

Discussions are ongoing regarding the elimination of “double-taxation” on Americans living abroad, a move that has gained notable support, particularly from Republicans Overseas. The group emphasizes former President Donald Trump’s endorsement of ending this practice, which burdens expatriates. Current tax provisions, like the Foreign Tax Credit and Foreign Earned Income …

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Global Disinflation trend is ending..

Global Disinflation trend is ending.. It was never going to last forever, but it does mean Rate Cuts are going to be a harder sell. pic.twitter.com/7bhrPjuI3l — Callum Thomas (@Callum_Thomas) May 30, 2024 If the rate of inflation stays high (above target) or the pace of disinflation disappoints vs the …

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Cars just aren’t worth repairing anymore. A lot of car crashes are ending with insurance companies calling the car totaled.

Twenty-Percent Of All Crashed Cars Are Being Totaled High repair costs, high depreciation, and expensive tech are conspiring to write off cars https://jalopnik.com/out-of-control-repair-bills-means-20-percent-of-all-cra-1851506095 A lot of car crashes are ending with insurance companies calling the car totaled? A lot of car crashes are ending with insurance companies calling the car …

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GM ending production of Chevrolet Malibu

General Motors will cease production of its iconic Chevrolet Malibu sedan. The move comes as the Detroit-based automaker plans to revamp the Kansas facility where it makes the Malibu so that it can produce the upcoming electric Chevrolet Bolt model there. The Malibu is the last remaining Chevrolet car offered …

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Debt-service ratio drops, risks rise. Morgan Stanley warns of stock market rally ending; options markets remain optimistic, potentially overlooking risks.

The debt-service coverage ratio, a measure of financial health, has dropped significantly over the past year, indicating increased risk among leveraged loan companies. Morgan Stanley’s Chief Investment Officer warns that if corporate profits disappoint, the stock market rally could end. Options markets show extreme optimism, suggesting investors may be overlooking …

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Bank of Japan considers ending stock fund purchase

We are really in the matrix now. The BOJ is the only major CB that buys stock funds (officially anyway) as part of monetary easing to achieve an inflation target. They are considering ditching this policy! Not bonds. I mean, they aren't THAT crazy.👊https://t.co/HCC6bBXoPz — Samantha LaDuc (@SamanthaLaDuc) March 13, …

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China’s EV rush into Western markets risks ending in a ‘bloodbath’ for the industry, warns founder of Tesla rival Xpeng

The Chinese EV industry may have little choice but to square off in a potential fight to the death, according to the billionaire co-founder of Xpeng. No matter who wins, though, their Western peers stand to lose. As China’s carmakers pursued profitable growth in the West, the country took Japan’s …

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Proposal seeks fairness in representation, ending influence of noncitizens in congressional apportionment.

A call for change in the way congressional districts are drawn has emerged, emphasizing a focus on the population of U.S. citizens alone. The proposition suggests that the Census should specifically count U.S. citizens for the apportionment of representation, contending that only U.S. citizens should be directly represented in the …

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The House and Senate are united in ending Ukraine’s funding, signaling a shift in support.

Zelensky’s administration, often criticized for corruption, might face turbulent times ahead. This move raises questions about the future of Ukraine’s leadership. The sentiment among some Senators is clear: they believe it’s time for a change. The House is already on record for ending Ukraine funding and now the Senate joins …

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Nordstrom closes San Francisco store, ending 35-year run; 47% closures since 2019, due to challenging conditions and theft.

Here’s a map of notable store closures in downtown San Francisco. As foot traffic has declined and theft has grown, stores are closing down. Yet another sign of the pain consumers are feeling from inflation. Follow us @KobeissiLetter for real time analysis as this develops. pic.twitter.com/CKf75xUiB9 — The Kobeissi Letter …

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