reports

Wells Fargo faces lawsuits and allegations of inadequate security measures amid reports of customer funds being stolen.

Wells Fargo embroiled in controversy as customers allege loss of life savings due to scams. Multiple lawsuits accuse Wells Fargo of insufficient security measures. Bank fined millions by federal authorities for unauthorized withdrawals from customer accounts. Allegations of mishandling Pennsylvania unemployment funds and failure to reimburse affected individuals. Customers report losing life savings to scammers, …

READ MORE

Quarterly census reports 192k private sector job drop in Q3 despite BLS’s 640k rise.

A startling revelation emerges as conflicting job reports unveil a stark contrast in employment data. Despite official claims of a robust job market with a 640,000 increase in nonfarm payrolls, the quarterly census of employment and wages paints a different picture, indicating a shocking loss of 192,000 private sector jobs during the same period. As …

READ MORE

Tesla reports Q1 earnings, quarterly profit falls from $8 billion to $1 billion.

Tesla reports biggest revenue slide since 2012 https://t.co/fhOKgR5VEW — The Coastal Journal (@1CoastalJournal) April 23, 2024 Tesla, once hailed as a pioneer in the electric vehicle market, finds itself navigating turbulent waters with a 9% revenue decline in the first quarter, marking its sharpest drop since 2012. This setback, attributed to ongoing price reductions and …

READ MORE

Consumer Reports claims children’s lunch foods (Snackables) contain toxic levels of lead, cadmium and sodium… but do they really?

via naturalnews Urgent action by the United States Department of Agriculture (USDA) is needed, says Consumer Reports, to address the National School Lunch Program, which is poisoning America’s schoolchildren with contaminated food. Consumer Reports testing found that more than 30 million schoolchildren in the U.S. are consuming processed foods that they say are contaminated with high levels of …

READ MORE

Fortuna reports strong gold production, potential profit rise, shares repurchased.

When gold production is strong, it suggests confidence in gold’s value and the stability of the monetary system. The company, Fortuna, reported strong gold production in the first quarter of 2024. If the production numbers remain high and the price of gold continues to rise (approaching $2,500 per ounce), Fortuna could make over $150 million …

READ MORE

Layoffs surge to 14-month high despite slight job growth, BLS reports.

28,577 job cuts this month so far, our highest week since we began tracking data in September #MacroEdge pic.twitter.com/qWRmCEoscN — MacroEdge (@MacroEdgeRes) April 5, 2024 Although the most recent U.S. Bureau of Labor Statistics employment report issued Friday showed that the unemployment rate “changed little” last month, a separate report found that layoffs reached a …

READ MORE

Rug pull: Fed Governor Kashkari suggests potential rate cut uncertainty amid stagnant inflation, CNBC reports.

All of this mixed messaging just confuses markets. They should all just shut up — QE Infinity (@StealthQE4) April 4, 2024 #volatility #VIX 📈 😬https://t.co/rmPvUGEeB3 — Invariant Perspective (@InvariantPersp1) April 4, 2024 Let me get this straight, the SPX was up 40 points in the morning because Powell reaffirmed rate cuts yesterday. And down -70 …

READ MORE

Rumble reports earnings, beating expectations. Transcript from conference call.

Rumble Inc. (NASDAQ:RUM) Q4 2023 Earnings Call Transcript March 27, 2024 Rumble Inc. beats earnings expectations. Reported EPS is $-0.14, expectations were $-0.22. RUM isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Greetings. Welcome to Rumble Inc. Fourth Quarter 2023 Earnings …

READ MORE

China blocks use of Intel and AMD chips in government computers, FT reports By Reuters

(Reuters) -China has introduced guidelines to phase out U.S. microprocessors from Intel (NASDAQ:INTC) and AMD (NASDAQ:AMD) from government personal computers and servers, the Financial Times reported on Sunday. The procurement guidance also seeks to sideline Microsoft (NASDAQ:MSFT)’s Windows operating system and foreign-made database software in favour of domestic options, the report said. Government agencies above …

READ MORE

Severe storms – with reports of strong tornadoes – destroy buildings and knock out power in Indiana and Ohio

Strong storms that likely included tornadoes swept through eastern Indiana and western Ohio on Thursday evening, leaving at least three people dead, destroying parts of some towns, knocking out power for thousands, and prompting search and rescue efforts in at least one city, officials said. “I can best describe it as a bomb going off …

READ MORE

AP reports Russia’s resilient economy, with 2.6% growth amid Western pressure. Stable despite sanctions.

AP: Russia's economy is growing despite Western pressure After more than two years of the special operation in Ukraine, little has changed economically for most Russians. And this despite large-scale sanctions that have seriously limited Moscow’s trade with Europe, the United… pic.twitter.com/6HPQ1aUAQv — Sprinter Press (@SprinterPress) March 12, 2024 https://apnews.com/article/russia-economy-putin-election-ukraine-97a5f92113e54cd9af0aa31778069a3e An interesting graph from Sky …

READ MORE

Reports of massive failure in digital services in Moscow & other regions of Russia

⚡️ russians complain about a massive failure of their digital services. The disruptions were recorded both in moscow and in other regions of russia, russian media report. 👉 Follow @Flash_news_ua — BLYSKAVKA (@blyskavka_ua) March 11, 2024 In Russia, there was a massive failure in the operation of digital services In particular, outages were recorded both …

READ MORE

Freddie Mac reports alarming surge in defaults. $100 Million Apartments going dark.

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 …

READ MORE

German navy almost shot down US drone over Red Sea — reports

What do we know so far? The German Defense Ministry confirmed a drone incident involving an allied nation occurred on Monday, without naming the country. Defense Minister Boris Pistorius said the Hesse frigate, which arrived in the region at the weekend as part of an EU mission to help secure international shipping from attacks by …

READ MORE

CIA Built “12 Secret Spy Bases” In Ukraine NYT reports Sunday

On Sunday The New York Times published an explosive and very belated full admission that US intelligence has not only been instrumental in Ukraine wartime decision-making, but has established and financed high tech command-and-control spy centers, and was doing so long prior to the Feb. 24 Russian invasion of two years ago. Among the biggest …

READ MORE

Special counsel: No charges for Biden’s private handling of classified materials, AP reports.

The recent update is that Biden deliberately kept and shared classified information when he was a private citizen. However, the Special Counsel, reported by the Associated Press (AP), states no criminal charges are necessary. Additionally, the Special Counsel notes that Biden appeared to investigators as an “elderly man with a poor memory”. MORE – Special …

READ MORE

UBS reports another loss

UBS Group reported its second consecutive quarterly loss, hit by expenses related to its takeover of Credit Suisse, but upped its dividend and said it would resume share buybacks this year. UBS shares fell nearly 4% in Switzerland. Its U.S-listed shares slid a bit more in early action. The bank posted a net loss of …

READ MORE

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads and the generous support of readers like you to keep delivering free, high-quality content. Right now, we are facing serious funding challenges and we need your help more than ever. Disable your ad blocker and this message will vanish. You can also sign up for a membership to enjoy an ad-free experience while supporting our work: https://citizenwatchreport.com/plans/subscriptions/ Your support helps us stay independent, continue our work, and keep content free for everyone. We truly appreciate your understanding and thank you for standing with us.