A hub for independent voices and hard truths
https://twitter.com/leadlagreport/status/1884047245156171889 Breakdown of how the Bank of Japan’s rate hike impacts costs globally, especially due to the yen carry trade: Global asset markets Investors who borrowed yen to invest in higher-yielding foreign assets may reduce exposure or sell assets to …
He points out that Bitcoin’s supposed rarity doesn’t hold up when anyone can create a coin with a fixed supply, like a meme coin on Solana, for almost nothing. Saylor’s claim that Bitcoin’s limited supply makes it valuable suddenly doesn’t …
Microsoft is adding artificial intelligence tools to its consumer Microsoft 365 bundle and bumping up the price for the first time since introducing subscriptions 12 years ago. In a blog post Thursday, Microsoft said it’s bringing its Copilot AI assistant …
In a development that has sent shockwaves through political and legal circles, President-elect Donald J. Trump has been sentenced to an “unconditional discharge” in the New York hush money case. This sentence, delivered just days before his second inauguration, means …
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 …
People in replies pointed out this could be due to an impairment loss, which is a paper loss due to Bitcoin price vol. And although counter intuitive this does show up in “operating expenses” So maybe they’re cash flow positive …
by Martin Armstrong What began as a special military operation has turned into the start of the next world war, and Russia is paying heavily. Russian President Vladimir Putin passed a new budget over the weekend that will allocate 32.5% …
Nvidia $NVDA only expects revenue of $37.5 billion next quarter. The growth is slowing. (*Reminder, all of these companies are using Non-GAAP instead of GAAP because it allows them to do round-trip financing 🤫) https://t.co/RTniBc6M8j pic.twitter.com/7cNDvdbNIx — Financelot (@FinanceLancelot) November …
The recent airstrikes by Turkish warplanes have led to total destruction at the Awda oil field located in the northeastern Syrian province of al-Hasakah, near Al-Qamishli. These targeted strikes were aimed at energy facilities and have resulted in significant damage, …
If you work in a corporate job, just be aware, your performance doesn’t matter. Your raise was decided by the budget committee. If you want to see a big increase in pay you have to jump to another company. That’s …
Billionaire Elon Musk has upped his financial offer for registered swing state voters to sign a conservative-leaning petition. On Thursday, Musk wrote on X that his pro-Trump super PAC would give $100 to signees and those who refer them. After …
🚨🇫🇷FRANCE RAISES BIRD FLU RISK LEVEL France has elevated its bird flu risk level to "moderate" due to an increase in avian influenza cases across neighboring European countries. This decision, published in an official decree, will lead to enhanced safety …
Sept 30 (Reuters) – Gold eased on Monday, taking a breather after a historic rally driven by U.S. monetary easing and heightened Middle East tensions, which put it on course for its best quarter since 2020. Spot gold was down …
People who take Adderall may be at a much greater risk of having a mental breakdown, a study suggests. Those with a prescription for the ADHD drug or other stimulants were over 60 percent more likely to suffer psychosis or …
CHICAGO (Reuters) – U.S. Vice President Kamala Harris’ election effort has raised around $500 million since she became the Democratic presidential candidate, sources told Reuters, an unprecedented money haul that reflects donor enthusiasm going into the Nov. 5 election. Four …
Actually, they charge fees at checkout too and they call them “service fees” which is basically just to make up for the “free” delivery. It’s a scam, but people keep paying, so they keep doing. h/t Tacticool_Turtle
Russia’s central bank raised its key interest to 18 percent on Friday, the sixth hike in just over a year as it seeks to tame soaring price rises. Prices have risen fast since Moscow launched its full-scale offensive in Ukraine …
President Biden’s political operation raised $85 million into its various accounts in May, ending the month with $212 million cash on hand, the campaign announced. Why it matters: Biden’s May fundraising totals were significantly less than the $141 million the Trump campaign and the …
The European Union on Wednesday said it would impose higher tariffs on Chinese electric vehicles. In a statement, the EU said it is imposing a 38.1% tariff on battery electric vehicle (BEV) producers who did not cooperate with its investigation, …
video of President Joe Biden standing still during a Juneteenth event is garnering a lot of scrutiny on social media. The footage, shared by the GOP governing body, the Republican National Committee (RNC), shows Biden standing still at the event …
CDC raises concern over bird flu strain first found in Texas cattle https://t.co/8ZqR1SUfKl — Chron (@chron) June 8, 2024 After testing bird flu found earlier this year in a Texas dairy farm worker, the Centers for Disease Control and Prevention …
The increasing number of suspected clade I mpox virus cases in the Democratic Republic of the Congo (DRC) poses a global threat for potential spread, the CDC said. From Jan. 1, 2023 to April 14, 2024, multiple outbreaks of clade …
USPS just announced a 25% hike in shipping. That is inflationary. That is shipping and logistics… Ok Jerome Powell, what sort of BS is the @federalreserve going to shovel today? — Ann Vandersteel™️ (@annvandersteel) May 14, 2024 WASHINGTON (Reuters) – …
Social Security Income benefits, reaching about 7 million recipients, are undergoing a significant overhaul just a month before the election. The program is set to expand to include individuals qualifying for SNAP benefits, which amounts to around 42 million people. …
The Treasury funds its deficits by borrowing more money, leading to a cycle of increasing debt. With interest payments reaching historic highs and set to climb further, concerns over the US Dollar’s stability are mounting. Investment management giant BlackRock issues …
Criticism targets Jared Bernstein, Chair of the Council of Economic Advisers, for alleged lack of understanding about bonds, sparking concerns about the competency of those in charge of US economic policy. Biden's chief economist literally has no idea how bonds …
The WHO’s alarming report on H5N1 detection in raw milk underscores the evolving threat of avian influenza, with tens of millions of poultry deaths recorded since 2020 and a significant number of human cases reported globally. Key points: The H5N1 …
The current state of the market reveals concerning trends, as the Dow struggles to maintain upward momentum, with each rally attempt met by afternoon declines. This pattern, coupled with the VIX’s significantly lower level compared to previous market peaks, suggests …
Hogg Wild: Filings Show Left-Wing Gen-Z PAC Blew More than $1M on Travel Expenses, Consultants, Spent Little on Candidates Gun control activist David Hogg is living high on the hog thanks to the many donors cutting checks to his political …
The U.S. Stock Market is the most concentrated it’s been since the Great Depression pic.twitter.com/VpsGnsHJNY — Win Smart, CFA (@WinfieldSmart) April 9, 2024 The dwindling presence of small-cap stocks in the US equity market is ringing alarm bells reminiscent of …