Independent thinking for complex markets and current events
A European Union court has ordered Hungary to pay a fine of €200 million for refusing to adhere to the bloc’s rules imposing open borders on all its member states. The ruling, which dates back to Prime Minister Viktor Orban’s refusal to implement a 2020 order from the European Court allow migrants to stay in …
San Francisco opened its first $5.5 million free food “market”, where approved residents can show a benefits eligibility card, put what they want in their carts, check out to keep track of outgoing inventory, and leave without paying. The Bayview-Hunters Point facility aims to be a food pantry alternative that replicates the supermarket experience in …
Salaried employees who work long hours for low pay aren’t finding much sympathy among Republicans on Capitol Hill. GOP lawmakers filed a resolution in Congress on Wednesday that would block the Labor Department from extending overtime protections to millions of salaried workers, a key workplace reform pursued by President Joe Biden. Under federal law, only …
Asmall group of Americans who took out cheaper but riskier mortgages several years ago are about to see their monthly payments skyrocket. Since 2019, more than 1.7 million homes have been bought using adjustable rate mortgages (ARMs), which initially offer a lower, more affordable interest rate than their fixed-rate counterparts. But eventually, ARMs reset to …
Will Lewis, the Washington Post’s publisher and CEO, told whiplashed staff on Monday the paper needs to do something radical to make the company profitable because readership has drastically declined. The meeting was held after executive editor Sally Buzbee abruptly left the Washington Post after coming from the Associated Press in 2021. “We need world-class …
US debt collection company Financial Business and Consumer Solutions (FBCS) has experienced a data breach, exposing the information of more than 3.2 million Americans. Threat actors accessed FBCS’ systems on Valentine’s Day, but the company didn’t realize the breach had occurred until Feb. 26. In a public notice, FBCS describes the incident as “unauthorized access …
Almost five years ago, GameStop champion Keith Gill revealed a $53,000 bet in his favorite video game retailer. This week, Gill’s net worth is over $289 million. The meme stock leader, who can move the stock by simply posting cryptic messages online, shared a screenshot of his portfolio Monday night, showing he held onto his …
More than one million United Methodists have quit the church overnight over new rules about homosexuality. During a North Carolina conference in early May, the United Methodist Church – a global denomination of Protestantism based in the US – changed some regulations to allow gay pastors and same-sex marriage. The Ivory Coast division – which …
A Columbia grad who was ‘active in World War II’ has donated $260 million to Israel’s Bar-Ilan University. The anonymous donor’s offering is the largest-ever gift received by the institution, and comes as the board chair of American Jewish University, Harold Masor, said he and his wife Amy will also donate $4.5 million to the …
The recent data breach at Santander Bank affected not just millions of customers, but also all of its staff, new reports have claimed. The banking giant recently issued a breach notification letter saying following a supply chain attack, an unauthorized third party had accessed a database with sensitive customer information. It was later discovered that …
Absolutely shocking data out of the Philippines presented in a committee meeting. Hundreds of thousands of excess deaths and a birth rate going off a cliff – a MILLION fewer babies born than would be expected Absolutely shocking data out of the Philippines presented in a committee meeting. Hundreds of thousands of excess deaths and …
🚨#BREAKING: Former President Trump has now raised a total of over $200 million dollars since the guilty verdict was announced on Thursday evening. pic.twitter.com/nHuBI3Yer8 — R A W S A L E R T S (@rawsalerts) June 2, 2024 The Donald Trump campaign has raised a staggering $200 million since the former president was found …
BREAKING: Miriam Adelson is planning on contributing over $100 million to a super PAC for Trump. Adelson is a principal shareholder of Las Vegas Sands and majority owner of the Dallas Mavericks, has an estimated net worth of $33.3 billion. pic.twitter.com/2fGGfLwHOg — I Meme Therefore I Am 🇺🇸 (@ImMeme0) June 1, 2024 Miriam Adelson, the …
That’s really sad. This person probably would have lost the money with another form of gambling, crypto is just a fast way to do it. h/t NewSchoolBoxer
THANK YOU, PATRIOTS!!!https://t.co/xg0HntWXkF — Trump War Room (@TrumpWarRoom) May 31, 2024 https://imgur.com/WtibGKj View post on imgur.com h/t Dodger007
A new migrant crisis is brewing in the United States. Unlike the one at the southern border, this one will be all over the country. Evictions are rising rapidly as millions of Americans face soaring rent increases driven by inflation, a shortage of affordable housing, and the end of pandemic relief. Rent prices are now …
May 30, 2024 Avian influenza that is very transmissible and lethal for domestic birds has been detected in a flock of 4.2 million egg-laying chickens in Sioux County, accord Millions of chickens killed in Marion County 5-alarm fire: Farina Farms Inc. Poultry Farm was engulfed in flames Wednesday evening and has resulted in millions of …
(The Epoch Times)—More than 4 million chickens will be slaughtered to prevent the spread of bird flu after the virus was detected at a commercial egg-laying facility in Iowa, the state announced on May 28. The Iowa Department of Agriculture and Land Stewardship said in a statement that a coordinated effort with the U.S. Department of Agriculture …
Independent investigator and President of Election Watch, Inc., Peter Bernenger has publicly accused the far-left US Democrat Senator Tammy Baldwin (WI), of “criminally laundering” an astounding $27,850,750 in campaign contributions from “Smurfs.” According to Investopedia, smurfing (named after the popular cartoon characters) is “a money-laundering technique involving structuring large amounts of cash into multiple small …
Micron has been ordered to hand over a mega $445 million in damages for infringing on the patent rights of Netlist, a California based memory technology company that designs high-performance SSDs and memory subsystems. Micron was found to have willfully infringed on Netlist’s patents. According to Yahoo Finance, the judge in the case can multiply the …
🚨 BREAKING: Senator Chuck Schumer calls for amnesty for all “11 million or however many” illegal aliens are in the country. DO YOU SUPPORT THIS?pic.twitter.com/HX79GbnVId — Proud Elephant 🇺🇸🦅 (@ProudElephant) May 24, 2024 The goal of citizenship for all illegals is very clearly stated by the leader of the Senate. For some reason, a lot …
On Wednesday, Will Lewis, the newly minted publisher and chief executive of The Washington Post, strode on stage before gathered staffers at the company’s D.C. headquarters to outline his vision for shepherding the iconic newspaper into a financially prosperous future. Dressed in a navy blue blazer and button down shirt, along with his trademark sneakers (the Brit …
In the settlement announced Wednesday, the city of Uvalde will pay a total of $2 million to the families of 17 children killed in the shooting and two children who survived, according to a statement from the families’ attorneys. “Pursuing further legal action against the City could have plunged Uvalde into bankruptcy, something that none …
by confoundedinterest17 You know “Green Joe” is desperate for re-election when he approves the release of 1 million barrels of gasoline from the Northeast Reserve in an attempt to lower gasoline prices. Jennifer Granholm, US energy Overlord, said it is to lower gasoline prices for 4th of July weekend (LOL!). Or in time for the November Presidential …
Michael Cohen coolly admitted Monday to stealing $30,000 from the Trump Organization — and ending up with twice that much — after overstating how much he needed to be repaid for fronting funds to a poll-rigging tech company called Red Finch. Cohen testified that he handed the CEO of the company $20,000 in cash in …
For over 22 million residents, would cause the city to run out of water. That day is approaching fast, and there is no alternative. Some groups of people in the city or some set of essential services will suffer within a few months or even weeks. The reservoirs of the Cutzamala water system, which provide …
Workforce participation remains below pre-pandemic levels. We are missing 1.7 million Americans from the workforce compared to February of 2020. We hear every day from our member companies—of every size and industry, across nearly every state—that they’re facing unprecedented challenges trying to find enough workers to fill open jobs. Right now, the latest data shows …
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