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A recession is still likely — Many indicators are signaling that the US is at an increased risk of entering a recession, with the following indicators worsening from the prior quarter
by TonyLiberty 1) Worsening job sentiment indicators suggest that employees are growing more pessimistic about the economy, the labor market, and their ability to find a job. • If job sentiment is weakening, it implies consumers will pull back on discretionary purchases. This can negatively impact GDP growth as spending slows. It also signals potential …
Uber, Lyft Agree to Back Pay $328 Million to New York Drivers Following Probe
(The Hill) — Ride-haling companies Uber and Lyft have agreed to pay back $328 million to over 100,000 New York drivers following a multi-year investigation, officials announced Thursday. New York Attorney General Letitia James (D) confirmed two “landmark” settlements on Thursday, where Uber will pay $290 million and Lyft will pay $38 million for “stealing earnings from …
Seattle lawmaker furiously denies her support for defunding the police is to blame for soaring crime in city, after children were forced to CRAWL inside a daycare facility following drive-by shooting
A Seattle lawmaker has furiously denied her support for defunding the police is to blame for soaring crime in the city. Council member Kshama Sawant said the city should not add police resources to the Central District neighborhood after 24 children had to crawl to the bathroom of a daycare facility following a shooting. The …
Elon Musk removed New York Times’ verification badge, following a flood of false information it published on the Israel-Gaza war
https://twitter.com/DrEliDavid/status/1715320477617631548?ref_src=twsrc%5Etfw
Jim Jordan to Run for House Speaker Following McCarthy’s Removal
JUST IN — Jim Jordan to run for Speaker. pic.twitter.com/3eibQtStsC — Citizen Free Press (@CitizenFreePres) October 4, 2023 Ohio Rep. Jim Jordan on Wednesday said he will run to be House speaker, making him the first Republican to announce his intentions to run for the position following Rep. Kevin McCarthy’s removal on Tuesday. Jordan is …
Following the BLM protests, just 6% of new S&P 100 jobs went to white applicants.
Following the BLM protests, just 6% of new S&P 100 jobs went to white applicants. The only way this is possible is if corporations racially discriminated against white applicants. https://t.co/wTrL8stAiV — Ryan James Girdusky (@RyanGirdusky) September 26, 2023
Attorney General Ken Paxton Releases Statement Following His Acquittal of Sham Impeachment – Issues Stern Warning to the Biden Regime
My statement on today’s Senate acquittal vote: pic.twitter.com/XZrbfEB5ny — Attorney General Ken Paxton (@KenPaxtonTX) September 16, 2023 The jury has spoken. Attorney General Ken Paxton received a fair trial as required by the Texas Constitution. I look forward to continuing to work with the Attorney General to secure the border and protect Texas from federal …
Carbon Taxes in London have stalled following massive protests and people breaking and stealing the ULEZ cameras
Sadiq Khan ditches plans to charge non-electric cars driving into central London Sadiq Khan has shelved plans to charge all non-electric cars driving into central London, it has emerged. The Mayor of London had pledged to create a central London zone by 2025 that would “likely” impose an extra charge on any vehicle that produced emissions. The …
Today Risk ON mode :US 2y yields plunge 15bps to 4.90% following weak JOLTS numbers which fuel recession fears.
Risk on due to recession fears… h/t inWineVerit4x
Maui INCREASES number of missing people to 1,100 following Lahaina firestorm – up from 850 – and says the FBI will release full list of unaccount
The Hawaiian island of Maui has increased the number of missing people from the Lahaina firestorm to 1,100 The increase from 850 comes two weeks after deadly wildfires ravaged the island Maui police chief John Pelletier said authorities were refining the data and were hoping to publish a verified list of missing persons ‘in the next few days’. …
Fed Rate Hike Odds Show Little Change Following CPI Inflation Data
via Mike Shedlock: For the rest of the year, there was only a slight change in the market’s expectations of rate hikes or cuts following the CPI release. September rate hike probabilities courtesy of CME Fedwatch. Ahead of the CPI inflation release, the market perceived there was a 14 percent chance of a quarter point …
GDP and Employment following 10y:3m yield curve inversion
by InternationalTop2405 The 10Y treasury was introduced in 1968
Twitter Clone “Threads” Already Dying Off Following Initial Hype
by Chris Black Yikes. Embarrassing. CNBC: What comes up must come down — at least in the case of user engagement on Threads, Meta’s new Twitter competitor. Last week, the text-based social media platform reported a record 100 million sign-ups in just five days, but according to data from Sensor Tower and Similarweb, the service …
Extremely weak global economy… The United States and Europe are already in an industrial recession; Optimism around the Chinese consumer has faded following the re-opening
The third OPEC+ oil cut. Oil ended down on the news. Sign of an extremely weak global economy. pic.twitter.com/Ic3kgQWpFf — Mac10 (@SuburbanDrone) July 3, 2023 Optimism around the Chinese consumer has faded following the re-opening A weakening Chinese economy is a major red flag for the global economy pic.twitter.com/8sDZ0BweP2 — Bravos Research (@bravosresearch) July 3, …
Paris riots after police killed teenage driver, sparking anarchy.
The French have the most beautiful riots. https://t.co/miol1B9r5I — k9_reaper | T.I.A (@k9_reaper) June 28, 2023 🔴🇫🇷 French President Emmanuel Macron has said the killing of a 17-year-old in #Nanterre is "inexcusable". The interior minister has mobilised 2,000 police officers in the Paris suburbs in preparation for riots tonight. pic.twitter.com/Oijz6mN3dE — FRANCE 24 English (@France24_en) …
Following Jackson Hole last year and bank failures in February, the Fed hooked bulls for the third time in a year.
This is the THIRD time bulls got rope-a-doped by the Fed in the past year. It happened last summer, and then Powell monkey hammered bulls at Jackson Hole. It happened again in February this year. Leading to mass bank failure. And now. You guys don't learn too good. pic.twitter.com/jE9uJfvCMT — Mac10 (@SuburbanDrone) June 25, 2023 …
Employees of CNN have expressed frustration and anger following a brutal magazine expose on CEO Chris Licht.
THE TRUTH HURTS: ‘CNN Staffers Are Shocked’: Brutal Magazine Exposé Leaves Employees Angry and Frustrated. Employees of CNN have expressed frustration and anger following a brutal exposé published in The Atlantic focused on newly-appointed CEO Chris Licht. Brian Stelter, a former chief media correspondent who spent nearly a decade with CNN before leaving last August, publicized …