Independent thinking for complex markets and current events
Jan 30 (Reuters) – Retailer Costco Wholesale (COST.O), opens new tab will increase pay for most of its hourly U.S. store workers to more than $30, according to a memo sent to employees this week. The company will increase hourly pay for its top of the scale employees over the next three years, with the …
🚨🇺🇸TRUMP WINS $25 MILLION SETTLEMENT FROM META OVER ACCOUNT SUSPENSION Trump signed a settlement agreement requiring Meta to pay $25 million over his 2021 account suspension. $22 million will go toward Trump’s presidential library, with the rest covering legal fees and other… pic.twitter.com/H2eXvTfQUV — Mario Nawfal (@MarioNawfal) January 29, 2025 Hell yeah! So much winning …
A civilian jet has achieved an aviation milestone, breaking the sound barrier for the first time during a test flight over the Mojave Desert in California. Boom Supersonics’ XB-1 aircraft, flown by Tristan “Geppetto” Brandenburg, entered the supersonic corridor on Tuesday and reached an altitude of 35,290 feet before accelerating to more than 1,200kph – …
DeepSeek, the Chinese AI upstart that dethroned ChatGPT as the most-downloaded free app on Apple’s App Store, has temporarily closed registrations, citing “large-scale malicious attacks” on its services. For now, access is restricted to Chinese customers, raising eyebrows and speculation. The move comes just as DeepSeek’s meteoric rise has disrupted the global AI landscape, sparking …
BREAKING: The Trump administration is negotiating a deal that would see Oracle, $ORCL, take over TikTok alongside new U.S. investors, per NPR — unusual_whales (@unusual_whales) January 25, 2025 The Trump administration is currently negotiating a deal that would allow Oracle, along with new U.S. investors, to take over TikTok. This move comes after lawmakers passed …
by Mike Maharrey The gold-silver ratio has surged to over 90-1. This indicates that silver is extremely underpriced from a historical perspective. In other words, silver is on sale. The last time we saw a gold-silver ratio over 90-1 was in the early days of the pandemic lockdowns. In the modern era, the gold-silver ratio has averaged …
TRUMP TO PUTIN: "Let's get this war over with. We can do it the easy way… or the hard way." pic.twitter.com/YFyZBoTiZR — Breaking911 (@Breaking911) January 22, 2025 pic.twitter.com/WpWwDdf7kb 🇺🇸🇺🇦🇷🇺 | Trump says he sees new sanctions against Russia as "likely" if Putin rejects negotiations. "Zelensky told me he wants to make a deal, I don't …
Retail investors in target retirement funds faced higher tax liabilities as a result, the SEC said Vanguard agreed to pay $106.4 million to the Securities and Exchange Commission Friday to settle charges for “misleading statements” connected to its target retirement funds that resulted in higher taxes for retail investors, the regulator said. Vanguard — one …
President Trump is putting a freeze on Government Jobs. A large percent of job growth the past year. In 2024, government employment saw an increase of 438,000 jobs. Who is ready for NEGATIVE Job prints in 2025? pic.twitter.com/r81dgwksVY — The Coastal Journal (@1CoastalJournal) January 21, 2025
Japan doesn’t have fires, look at why. With all the money spent in California over the last 20 years, they could have easily installed something like this! All those billions spent on crap! — American SuzieQ (@LiveinaRepublic) January 16, 2025
by confoundedinterest17 This is the worst start to a fiscal year EVER: – Spending is up 10.9% – Receipts are down 2.2% – FYTD deficit up 39.4% at $711 billion They’re handing Trump a ticking time bomb! Speaking of Biden handing a ticking time bomb (according to Zero Hedge), after rising for 5 straight months, …
Price Increases over last 4 years…CPI Medical Care: +9.5%CPI Apparel: +12.0%CPI New Cars: +19.0%CPI Used Cars: +19.6%CPI Food at home: +22.7%CPI Shelter: +24.4%CPI Food away from home: +25.1%CPI Electricity: +28.2%CPI Gas Utilities: +31.6%US Home Prices: +38.3%CPI… — Charlie Bilello (@charliebilello) January 15, 2025 BLS reports inflation accelerated to 4.8% annualized. They're handing Trump a lit …
Reality star Khloe Kardashian is the latest Hollywood celebrity to hold Los Angeles Mayor Karen Bass (D) accountable for her disastrous handling of the historic fires, calling Bass a “joke” over accusations that she failed to properly fund the L.A. Fire Department. In her Instagram stories, Khloe Kardashian posted a screenshot of a TV interview …
Amid a search for the cause of the crisis, energy firm Southern California Edison admitted its grid short-circuited just after 10pm on Tuesday when a tower went down – the same time the Hurst Fire erupted. As investigators continue to search for the cause of the Los Angeles fires, new evidence potentially points to downed …
Exactly! "…his is completely unsustainable and points to a much weaker labor market than the headlines make it appear." The soon-to-be unemployed government whisperers have been using government hiring to demonstrate growth, akin to how bloodletting was once believed to heal… — John Welty (@apostlejohn) January 10, 2025 BREAKING: Bank of America revises forecast and …
These are the highest I’ve EVER seen them in years… The MMRI is currently at 318.5: https://traderschoice.net/about-traders-choice/ The Modified MMRI is now at 411: https://www.mannarino-market-risk-indicator.com/MMMRI/ These indicators have reliably predicted bank failures over the past few years, so expect more shit to break economically soon followed by another huge inflation increase after the US government …
BREAKING: #Bitcoin plummets under $100K and loses over $103 billion in market valuation within hours. pic.twitter.com/jcpQiNuCD9 — Jacob King (@JacobKinge) January 7, 2025 BTC sells off, and Tether can’t hold its $1 peg. The faithful will say it’s no big deal, but despite all its liquidity and treasury assets, Tether time and time again shows …
Pakist*ni M*slim gangs in the UK targeted & r*ped hundreds of thousands of white girls in England for decades & was mostly covered up by the media & the gov. Their narrative of the success of mass migration of fake asylum seekers and multiculturalism could not be challenged.… — Bartemy Jones (@BartemyS) January 6, 2025 …
From NBC News: With new fee increases and more shoppers ditching cash, small businesses urge their customers to consider sticking with bills and coins. Many small businesses are breathing a bit easier as inflation has cooled and the race for workers slows. But consumers’ steady embrace of credit cards is taking a growing bite out of …
For years, Google Maps has been a go-to tool for millions worldwide, seamlessly integrated into search results for instant access to directions, locations, and more. But if you’ve noticed something missing recently, you’re not imagining things. Due to European Union regulations, Google has been forced to remove its Maps functionality from its search results, marking …
“Apple will pay £77million to settle a court case which alleged its devices listened to their owners without their consent. The tech giant had been accused of using its virtual assistant Siri to eavesdrop on and record conversations for more than a decade. The proposed settlement was filed in a California federal court and would …
The owner of a popular waffle shop in West Seattle said she had no choice but to shut down her business after the city’s new minimum wage law went into effect on New Year’s Day — hiking hourly pay to $20.76. Bebop Waffle Shop, which was founded by a former New York City resident more …
Credit is way too easy to get. Rolling over car loans should be severely restricted. Banks playing with fire — CAB (@BuxJackets) January 4, 2025
A teacher in Ohio who was fired for calling out of work sick for two days to allegedly attend a concert in Nashville — with her former school district accusing her of taking “falsified sick leave” — has decided to sue, claiming her termination was a violation of her “constitutional rights.” Eileen Washburn, an English …
NEW YORK (Reuters) – Drugmakers plan to raise U.S. prices on at least 250 branded medications including Pfizer COVID-19 treatment Paxlovid, Bristol Myers Squibb’s cancer cell therapies and vaccines from France’s Sanofi at the start of 2025, according to data analyzed by healthcare research firm 3 Axis Advisors. Nearly all of the drug price increases …
Donald Trump has ordered his Cabinet nominees not to post on social media without approval. In a stunning move, Trump’s chief of staff Susie Wiles told those who will become his top lieutenants to get anything they put on X, or other networks, cleared first. It came after a MAGA ‘civil war’ erupted this week …
