Independent thinking for complex markets and current events
On January 26, 2023, Liao and Zhang rode around Taipei on a motorbike at night, wanting to present the claim that Zhang was afflicted with frostbite while riding the vehicle in the late evening, investigators said. Just days before, Zhang bought several expensive life insurance, travel insurance, and accident insurance policies, prosecutors said. After their …
CNN — Former President Donald Trump must come up with the full amount to cover the $454 million verdict in the civil fraud trial, an appeals court judge ruled Wednesday. Associate Justice Anil Singh, however, lifted a ban on Trump’s ability to obtain loans from New York regulated financial institutions, which could allow him to …
Apple has agreed to pay $490 million to settle a class-action lawsuit alleging CEO Tim Cook misled investors about a steep downturn in iPhone’s sales in China that culminated in a jarring revision to the company’s revenue forecast. The preliminary settlement filed Friday in Oakland, California, federal court stems from a shareholder lawsuit focused on …
via Mike Shedlock If you live in Illinois, get the hell out before unions take every penny you have. Illegal Vote Pandering In Chicago, The Chicago Teachers’ Union is Pushing Students to Vote for Mayor Johnson’s Tax Hike. The Chicago Teachers Union (CTU) has announced a “Student Power Forum” taking place on Friday, March 15, which …
An anti-Trump Republican group is planning to spend $50 million in a campaign to stop the former president from winning a second term in the White House. Republican Voters Against Trump plans to share testimonial videos of Trump’s past backers who will share why they won’t be supporting the former president come November. The campaign …
A prominent evangelical advocacy organization plans to significantly ramp up political spending in the 2024 election with one goal in mind: returning Donald Trump to the White House Faith & Freedom, a conservative-leaning organization, intends to spend $62 million registering and turning out evangelical voters, texting and calling supporters, and door-knocking — $10 million more …
by Michael A lot of people are really confused about the state of the U.S. economy right now. Large employers are conducting mass layoffs all over the country, and those that are searching for work are having a very difficult time. But meanwhile, the Biden administration and the mainstream media continue to insist that the unemployment …
via Mike Shedlock Questions about foreign workers came up yesterday on Twitter. The numbers are from the BLS. US and Foreign Born Employment Data from the BLS chart by Mish Since the data is not seasonally adjusted, it’s important to compare numbers to the same month a year ago. I also added pandemic lows for …
by confoundedinterest17 Somehow, Biden left this factoid out of his State of The Union (SOTU) address. In February, immigrants added 1,277 million jobs while native Americans lost -420,000 jobs according to the BLS. Or maybe Biden can change his campaign motto to “Make America Great Again … For Immigrants, NOT Natives.” In February, the unemployment rate unexpectedly …
The source of the bond is the Federal Insurance Company, a corporation authorized to transact business in New York that’s a subsidiary of the Chubb Insurance Company. Posting it allowed Trump to appeal the verdict, which his lawyers did Friday. “Due to the numerous prejudicial errors made at the lower level, we are highly confident …
A mega-yacht seized by U.S. authorities from a Russian oligarch is costing the government nearly $1 million a month to maintain, according to new court filings. The Justice Department is seeking permission to sell Amadea, which it seized in 2022, alleging that it was owned by sanctioned Russian billionaire Suleiman Kerimov. Attorneys for Eduard Khudainatov, …
“The University of Virginia (UVA) has at least 235 employees under its ‘diversity, equity and inclusion (DEI)’ banner — including 82 students — whose total cost of employment is estimated at $20 million. That’s $15 million in cash compensation plus an additional 30-percent for the annual cost of their benefits.” https://openthebooks.substack.com/p/university-of-virginia-spends-20 That’s $1,000/year/student. Soon adds …
Apartment landlords around America are going into default on their mortgages at decade-high rates, suggesting that the Commercial Real Estate Crash is going to get even worse in 2024. With data from Freddie Mac reporting that the serious delinquency rate on multifamily mortgages have quadrupled over the last year. With many real estate owners and …
BREAKING: Dolton Mayor Tiffany Henyard VETEOS a unanimous board resolution to investigate her use of tax funds. Mayor Henyard claims that she vetoed the investigation to prevent personal attacks. She has come under fire in recent weeks for using taxpayer money on lavish trips,… pic.twitter.com/zKaqTT4wse — End Wokeness (@EndWokeness) March 6, 2024 In a surprising …
It seems like there’s some sneaky business going on in the world of legislation, and Representative Massie is shining a light on it. Tucked away in this week’s Omnibus bill, there’s a whopping $15 million allocated for something that might leave you scratching your head: electronic tracking of all cattle in the U.S. Now, here’s …
Former Twitter executives including CEO Parag Agrawal, Chief Financial Officer Ned Segal, head of legal Vijaya Gadde and General Counsel Sean Edgett filed a new lawsuit against Elon Musk and X Corp. in federal court arguing that they are owed $128 million in unpaid severance. In their complaint, lawyers for the ex-Twitter executives say that …
Mark Zuckerberg and his wife Priscilla Chan were seen admiring Anant Ambani’s $1 million watch during at lavish pre-wedding party branded ‘enchanting’ by fellow attendee Ivanka Trump – just yards away from some of India’s poorest slums. The couple were left in awe over the luxury Richard Mille timepiece sported by Indian billionaire Ambani, 28, …
One of Hunter Biden’s former business associates — now in prison — has told Congress that Biden sought roughly $5 million from fugitive Ukrainian oligarch Dmitri Firtash to help try to quash a U.S. indictment while his father was vice president and presiding over U.S.-Ukraine policy, according to an eyewitness to the testimony. Jason Galanis’ …
Hunter Biden was paid $1 million by Chinese firm CEFC to act as attorney for their employee, Dr Patrick Ho, but now Ho is threatening to sue the first son within seven days unless he gets the money back — because he claims Hunter did no legal work for him. Ho sent a legal letter …
America’s $125 MILLION ‘guaranteed income’ giveaway: Huge rise in taxpayer-funded programs offering no-string handouts of up to $36,000 – including D.C. scheme used by mom to buy $6K luxury Miami vacation Taxpayers have funded dozens of ‘guaranteed income’ schemes which offer no-strings cash handouts totaling up to $36,000 to families below the poverty line But …
At long last, first son Hunter Biden affirmed during his Wednesday impeachment inquiry deposition that his father, Joe, was “the big guy” referenced in an email about a business deal with a Chinese state-linked energy firm that yielded millions for Biden family members and other associates, more than three years after The Post broke the story — but rejected …
A New York appellate judge on Wednesday refused to halt collection of Donald Trump’s $454 million civil fraud penalty while he appeals, rejecting the former president’s request that he be allowed to post a bond covering just a fraction of what he owes. Judge Anil Singh of the state’s mid-level appeals court ruled that Trump …
Late last year, U.S. Representative Nancy Pelosi reported a transaction to purchase call options in NVIDIA Corporation (NASDAQ:NVDA). After a massive rally in the stock this year related to breathtaking AI uptake and the company’s strong financial results, Pelosi is now said to be sitting on a significant windfall profit. Nancy Pelosi Nvidia Call Options …
President Donald Trump has appealed the politically motivated ruling by radical Judge Arthur Engoron in the civil “fraud” case brought by New York Attorney General Letitia James. Trump’s legal team appealed Engoron’s ruling finding the 45th president liable for more than $350 million in so-called “damages.” With interest, the total amount Trump is currently on …
Offices of Discount and Hapoalim banks in the center of Tel Aviv (Miriam Alster/ FLASH90) Bank Hapoalim, which has been under investigation by the US Department of Justice for allegedly helping American citizens evade taxes, told its shareholders Wednesday that it was setting aside an additional $75 million to cover a potential settlement with the …
by Chris Black Boris Johnson apparently told Zelensky that there was no way he could win the war. He flew in, after all the details had been worked out for a peace treaty between Moscow and Kiev, and told Zelensky to never surrender. Unless he threatened Zelensky, he must have told him: “The entire machine …
via Ali Raza: Fani Willis, the District Attorney of Fulton County, Georgia, is not only making headlines for her legal prowess but also for her substantial financial standing. Recent revelations indicate that her estimated net worth is a remarkable $8 million, underscoring her success in both the legal and financial realms. What You Need To …
FIRST ON FOX: Democrat-run states and cities across the country that have been inundated with illegal immigrants in recent months previously earmarked tens of millions of dollars in COVID-19 financial assistance programs to support “undocumented residents.” According to a Fox News Digital review of state and local programs, Democrat governors and mayors earmarked at least …
A Washington DC man is suing the DC lottery and Powerball after he was told that his winning numbers were published by mistake. John Cheeks said he felt “numb” in Jan. 2023, after Powerball’s winning numbers, published to their website for a full three days, matched his ticket. But when Cheeks presented his ticket to the Office of Lottery …
NEW – Tucker Carlson says Boris Johnson wants "a million dollars" from him to talk about Ukraine.pic.twitter.com/4xuPnt4C7Q — Disclose.tv (@disclosetv) February 20, 2024 🇺🇸TUCKER: "BORIS JOHNSON IS A LOT SLEAZIER THAN PUTIN" "This is, by the way, the guy who single-handedly, at the request of the US government, stopped the peace deal in Ukraine a …