Texas is now the national leader in business finance.
Texas is now the national leader in business finance. Welcome to Y’all Street. pic.twitter.com/LpbWaPg3yX — Greg Abbott (@GregAbbott_TX) August 18, 2024
finance
Finance guru who’s beaten Wall Street for 25 years makes doomsday prediction about future of California
The financial guru who correctly predicted the disastrous Lehman Brothers collapse in 2008 offered a dismal outlook on the future of California. Robert Kiyosaki, the author of Rich Dad Poor Dad, is known for making hyperbolic predictions about the US economy – and this time he has a grim prognosis for the most populous state …
Finance and insurance face layoffs for the first time this summer
Manufacturing and retail jobs can ebb and flow based on demand flows. What about finance and insurance? First time all summer, possibly all year, these industries were called out as sources of layoffs. pic.twitter.com/yadNgeURB3 — Neely (@NeelyTamminga) August 1, 2024
Disney heiress, wealthy Democratic donors say they won’t finance the party until Joe Biden drops out
Abigail Disney, an heiress to the Disney family fortune, plans to withhold donations to Democrats until Joe Biden drops out. Biden has said he has no plans to drop out of the race. Gideon Stein said he’s decided to pause planned donations of $3.5 million. President Joe Biden is facing an uprising from some his …
China dumps $50B US bonds, buys $25B gold annually; reserves flip by 2026. Gold re-emerges in global finance.
China sold $50B of US bonds last quarter.Officially, they buy $25B of gold per year.At that rate, they’ll flip reserves by 2026.They will hold more gold than Treasuries. https://t.co/lZ8D253KoL — Balaji (@balajis) June 2, 2024 Chinese state media is explicit about their goal: reduce dependence on US debt and acquire gold instead[1]. The math on …
Google plans to layoff thousands of employees in their finance, business operations due to AI. Plans to relocate jobs overseas.
BREAKING: Google plans to layoff thousands of employees in their finance, business operations due to AI. They also plan to offshore to India, Mexico, and Ireland pic.twitter.com/wySla41WH1 — Financelot (@FinanceLancelot) April 18, 2024 The layoff spree in the tech industry is showing no signs of slowing down as Google announced restructuring plans, which involve some …
How Much Treasury Issuance Does the US Add Every Month to Finance Debt?
via Mike Shedlock Let’s investigate US treasury debt issuance by month and year. Data courtesy of SIFMA, chart by Mish Chart Notes Bills: Treasury bills are short term debt ranging from four weeks to 52 weeks. Bills are sold at a discount or at par (face value). When the bill matures, you are paid its …
BRICS+ finance ministers, central bank chiefs to meet at Brazil’s G20
Finance Ministers and Central Bank Governors of BRICS countries are set to hold a meeting on Tuesday in Brazil’s Sao Paulo at the sidelines of the G20 ministerial summit. The meeting will also see the first participation participation of new BRICS members who officially joined the organization at the start of this year. A wide …
Argentina’s Javier Milei to introduce bill jailing any central bank official that prints money to finance deficits
Argentine President Javier Milei said on Thursday evening that he will present a bill to Congress to punish with jail time any Central Bank official that issues money to the National Treasury to finance fiscal deficits. Milei, in an interview with the news channel Todo Noticias, said that the intention is to define the practice …
Yahoo! Finance: “Canada braces for possible wave of business bankruptcies”
Canada anticipates a potential surge in business bankruptcies, with thousands of small businesses at risk after the government ceased pandemic-era support. The end of aid, coinciding with a slowing economy and high interest rates, poses a threat to critical small firms employing less than 100 people. Bankruptcy rates surged 38% in the first 11 months …
Big Banks in Turmoil: Barclays Plans $1.25B Cost Cut, Deutsche Bank and HSBC Fluctuate, Massive Layoffs Sweep Finance and Tech Sectors
The financial landscape is shifting as Barclays unveils a $1.25 billion cost-cutting plan with potential job cuts, contributing to a 26% share price drop under the current CEO. Deutsche Bank remains flat, while HSBC sees a 37% increase. The finance and tech sectors have witnessed over 20,000 job layoffs this year, challenging the traditional notion …
In June, the total amount of money owed to finance companies (Consumers, Real Estate, Business) increased 17.7%. In the first quarter, the interest rate for new car loans was 6.4% with a maturity of 66 months financing $39,066. For used cars, 15.7% with 66 months financing at $23,537
by Dismal-Jellyfish https://www.federalreserve.gov/releases/g20/current/g20.pdf In June 2023, the total outstanding amount owed was approximately $1,850.9 billion dollars–up 14.7% from May! In the first quarter, the interest rate for new car loans was 6.4% with a maturity of 66 months financing $39,066. For used cars, 15.7% with 66 months financing at $23,537. Wut Mean?: Folks and businesses are …
How Japanese Housewives Outsmarted Global Finance (Documentary)
This is a great documentary about “Mrs. Watanabe”. Maybe the first wave of Retail Traders, who still make their mark? h/t MurazakiUsagi
Atlanta Fed projects Q3 GDP at 3.5%! But wait, what’s up with bond yields? With CPI set to reaccelerate, they might need to go much higher. Keeping an eye on economic indicators! #GDP #CPI #Economy #Finance”
by DesmondMilesDant This is concerning for bondholders. Stock holders love real GDP going higher. Inflation running above 4% is bad for both though.
BOJ seeks to retire YCC; Japan faces $3 trillion risk, potentially threatening global finance.
"Yield curve control is a dangerous policy which needs to be retired as soon as possible…It has been a major factor in the yen reaching its lowest level, in real terms, since the 1970s. So, the BOJ wants to very carefully dismantle YCC, and the yen will rally:" @kitjuckes — Lisa Abramowicz (@lisaabramowicz1) July 28, …
Justice Department Drops Campaign Finance Charge Against Democratic Donor Sam Bankman-Fried
by Chris Black You are invited to believe in “the rule of law.” New York Times: Federal prosecutors pursuing the criminal case against cryptocurrency mogul Sam Bankman-Fried said on Wednesday that they were dropping a charge that Mr. Bankman-Fried violated campaign finance rules. A spokesman for Mr. Bankman-Fried declined to comment. A spokesman for the U.S. attorney’s …
Sam Bankman-Fried, Dem Party’s second-largest donor, has campaign finance fraud charges dropped by Biden DOJ.
BREAKING: Campaign finance charges on Sam Bankman-Fried of FTX have been dropped. This is unusual. He gave millions to politicians. And there wasn't a list of who which politicians and groups he gave money to. Until now. See it here: https://t.co/uK8CTsLugJ pic.twitter.com/SJwK7roMxm — unusual_whales (@unusual_whales) July 27, 2023 “It’s a big club, and you ain’t …
Globalists Suggest ‘Finance Shock’ And Climate Controls To Launch Their Great Reset
This article was written by Brandon Smith and originally published at Birch Gold Group At the end of June government leaders and think-tank power brokers from around the world met at the Summit for a New Global Financing Pact in Paris. Participants include United Nations Secretary-General Antonio Guterres, US Treasury Secretary Janet Yellen, IMF Managing Director Kristalina Georgieva …
ADP Private payrolls 497K, Exp. 225K, Last 278K… High-paying Information, finance and professional jobs all declined
ADP Private payrolls 497K, Exp. 225K, Last 278K — zerohedge (@zerohedge) July 6, 2023 The ADP job growth was leisure/hospitality, education, and trade/utilities. High-paying Information, finance and professional jobs all declined pic.twitter.com/gdaLWID3i7 — zerohedge (@zerohedge) July 6, 2023 WTF! ADP Reports Massive Surge In Employment In June https://t.co/ycZE5Cy2FH — zerohedge (@zerohedge) July 6, 2023 Karine …
Denmark Forced to Cancel Public Holiday to Finance War in Ukraine
At the request of Prime Minister Mette Frederiksen, the Danish Parliament canceled a major public holiday to financially support its commitments to NATO and the war in Ukraine. The decision was widely criticized and resulted in public protests against the move. The Danish Government is attempting to accelerate its initial goal of contributing 2% to NATO …