Independent thinking for complex markets and current events
Rep. Jasmine Crockett billed taxpayers $11,996 in 2024 for a fresh set of wheels Rep. Jasmine Crockett (D., Texas) declared in February that the government is “not in the business of giving out money” to taxpayers. But when it comes to the simple luxuries in her own life, the firebrand lawmaker is happy to let …
Home prices and mortgage rates are high but haven’t hampered demand for what Toll Brothers calls its “luxury niche.” That niche is made up of empty nesters, rich millennials, and wealthy buyers who are inoculated from housing market swings. “Demand for our homes continues to be supported by our affluent customer base,” Toll Brothers chief executive and chairman …
Has a trip through the drive-through become an extravagance? The vast majority of Americans say so. A recent nonprobability survey conducted by LendingTree found 78% of consumers now consider fast food to be a “luxury” purchase due to how expensive the meals have become. Half of those polled said they view fast food as a …
Friend of mine had a VIP box for yesterday’s UNLV game. Ordered a pizza and wings. Never realized what it was going to cost for this slop…. $653…. They treat the luxury suite guests like they are in a club with bottle service.🤨😳 pic.twitter.com/E6GIJ3i5tZ — Bill Krackomberger (@BillKrackman) November 18, 2024 View post on imgur.com
The automobile industry has faced financial distress in 2024 leading to Chapter 11 bankruptcy filings. Electric vehicle startup Fisker Group on June 17 filed for Chapter 11 bankruptcy, citing various market and macroeconomic headwinds, and shut down all operations. Fisker had begun deliveries of its Ocean battery-electric crossover SUV in 2023 to compete with Tesla, …
Americans in North Carolina and surrounding states are still fighting for their lives in the wake of Hurricane Helene. Many have lost everything and are looking for much-needed help from the Biden-Harris regime and their bureaucrats. At the top of the list of people who should be all over this is Alejandro Mayorkas, Secretary of …
Why should working people be fighting in the banker wars? Those that caused the conflict and stand to gain the most from it, should fight in them. We should be prepared to fight and die while self-proclaimed elites hide in their luxurious bunkers? h/t DarkSpaceCovenant
Luxury living in L.A. for the homeless. The Weingart Tower in Los Angeles, California, cost approximately $165 million to build, with each unit costing around $600,000: Funding The project was funded by Proposition HHH, which voters approved in 2016 to support housing projects. The state also provided $56 million in tax credits. Amenities The tower …
Hugo Boss said in its preliminary Q2 financial results on Monday that the Chinese market — a key one for the German fashion brand — was “particularly challenging.” British fashion house Burberry’s sales in mainland China fell 21% year-over-year in the most recent quarter, which board chair Gerry Murphy attributed to “deteriorating consumer confidence” in …
Shares in Burberry plunged over 15% in early trading on Monday after a disappointing first-quarter performance led it to issue a profit warning, replace its CEO and axe its dividend. The 168-year-old British luxury giant said that if the recent trading slowdown continues, it expects to report an operating loss for the first half of …
🚨 I JUST OBTAINED DISTURBING FOOTAGE INSIDE A DIOR FACTORY ⚠️ WAY WORSE THAN YOU THINK ⚠️ SHARE THIS VIDEO QUICKLY BEFORE THEY TAKE IT DOWN: https://t.co/CPVF0ogMsR — Matt Wallace (@MattWallace888) July 3, 2024 The MASSIVE premium to Cost of Production is an example of the power of branding Anyone who understood the premium to …
Why is Gen-Z OBSESSED with luxury watches? – 41% of Gen Z acquired a luxury watch in the last 12 months– Avg spend on a watch was $10,870, millennials spend 1/2 that much– Gen-Z buys on avg 2.4 new watches per year– 21% more likely than other generations to use debt Wild. pic.twitter.com/CGwiKnqD31 — GREG …
In downtown Los Angeles, the Weingart Center Tower has recently opened as a high-rise homeless shelter. Here are the key details: The tower comprises 228 studio apartments, 47 one-bedroom apartments, and three apartments for onsite managers. Each unit costs an estimated $600,000 and is funded by taxpayers. Residents will have access to amenities such as a gym, an art room, a music room, and …
In a stunning turn, what was once a quick, affordable meal has transformed into a financial luxury for most Americans. Key List: 78% view fast food as a luxury due to high prices 62% eating fast food less often because of costs 46% believe fast food costs as much as local sit-down restaurants Source: https://www.foxbusiness.com/economy/americans-consider-fast-food-luxury-high-prices …
The Chinese government is tightening the noose on debt defaulters, imposing stringent penalties that include restrictions on high-speed rail travel and luxury accommodations. This move is part of a broader crackdown on unpaid bills. What Happened: Beijing is resorting to severe actions against those who fail to settle their debts. Measures include salary seizures, barring …
New York City Mayor Eric Adams has reversed a plan to give abandoned luxury Harlem a condominium complex to migrants after significant community outcry. “Adams’ change of heart came during a surprise appearance at a St. Nicholas House Resident Association meeting packed with dozens of residents furious over the city’s plan for a building development …
End Wokeness @EndWokeness 5 new luxury buildings are going up in Brunswick, Maine to host illegals. 2 years of rent will be paid off by the taxpayers for jobless illegals. Maine is also supplying them with $100k for legal support to help them with asylum and work authorization. Woke residents gathered to celebrate the completion …
As the United States strives to regain a sense of normalcy after the pandemic, a growing financial concern is looming over the nation. According to Bloomberg, the cost of living has surged in various aspects, with groceries marking a 25% increase, used cars seeing a staggering 35% climb, and rents escalating by approximately 20%. While …
They forgot to include 10% for the big guy that’s why they didn’t get away with it via Yahoo: “Ukraine’s SBU security service and Defense Ministry have exposed an official involved in the embezzlement of UAH 1.5 billion ($40 million) earmarked for the procurement of artillery shells for the Ukrainian military, the ministry said on …
snippet Police have executed search warrants in a number of Sydney suburbs as they take advantage of strengthened laws to crack down on unexplained wealth. More than $7 million worth of luxury items such as cars, handbags and watches have been seized as police crack down on unexplained wealth in New South Wales. Detectives from …
Zelenskyy’s mother-in-law has just purchased a Luxury Villa in El Gouna, Egypt… The Villa was purchased for $4,850,000USD and is next door to the estate of Angelina Jolie… Now you know where the humanitarian aid funds are going. pic.twitter.com/2iH8XkxwYJ — Pelham (@Resist_05) August 25, 2023 VIVEK: UKRAINE IS NOT IN AMERICA’S INTERESTS pic.twitter.com/AER7tVbqeH — The_Real_Fly …
FEMA officials have been slammed by Maui locals for their slow response to the devastating wildfires that ripped through Lahaina earlier this month But DailyMail.com can reveal they are staying at three five-star hotels, Fairmont Kea Lani, Four Seasons, and the Grand Wailea Astoria, during recovery efforts Federal government rates for this week at all …
About 46% of renters in the U.S. are currently struggling to make ends meet, according to Harvard University researchers — unusual_whales (@unusual_whales) August 9, 2023 The cost of both buying and renting a house in America has skyrocketed since 2020. Buying a house now costs $2,700/month on average, up an alarming ~86% in 3 years. …
“Makes you think about the power of branding and its influence on our purchasing decisions.” pic.twitter.com/uee0zv9QBz — Frank DeScushin (@FrankDeScushin) August 4, 2023
Luxury home prices in the Bay Area and Seattle fell between 10% and 13% in the second quarter, more than anywhere else in the country. Nationwide, luxury prices rose 5% from a year earlier. SEATTLE, July 26, 2023–(BUSINESS WIRE)–(NASDAQ: RDFN) — Luxury home prices in San Francisco are falling faster than anywhere else in the …
“I can’t understand those debtors who gambled to not pay student loans for 2 years, then bought a $50K car, now have to pay both a $800/month car note and must resume that $700/month student loan. They just thought the student loan would magically disappear.” -@bigbanknewyork3655
“BREAKING: Photos have just leaked of Michelle Obama currently vacationing on a massive private yacht on a private island in Greece This means the Obamas were rage-tweeting about being “oppressed” & “victimized” after the SCOTUS Affirmative Action ruling from THIS luxury yacht:” "Barack Obama & Tom Hanks were spotted enjoying a lavish vacation together in …
