Peter Schiff: Philly Fed survey plunges to -16.4; rising costs, falling revenues signal stagflation. Jim Bianco: If bonds lose faith in the Fed, yields will surge.

The December Philly Fed Manufacturing survey was another disaster, collapsing from -5.5 to -16.4, versus an expected rise to +2.8. This is the weakest level of the year. More problematic, prices paid jumped while prices received fell. All signs point …

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Downloads of Lefty dating app surge 453%.

Left-leaning apps, news websites and social networks are experiencing a spike in engagement following President-elect Trump’s election win, further dividing the internet along political lines. Why it matters: It’s not unusual for resistance media to rise in response to contentious elections. But the internet itself …

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Nvidia $NVDA projects $37.5B revenue next quarter. Growth slowing, fueled by Non-GAAP magic; Accounts receivable surge raises concerns Top three customers face scrutiny over accounting errors

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 …

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Job cuts surge in October: strikes, layoffs, small business closures up sharply; DISASTROUS jobs report – Only 12K jobs added; last two months revised down by 112K.

Job cuts accelerate in October with strikes, mass furloughs, layoffs, & small business closures at elevated levels. Over 109,000 cuts per our preliminary figure. Final figure available on Sunday, as always. #MacroEdge #DrivenbyData pic.twitter.com/9cPnR1qDr9 — MacroEdge (@MacroEdgeRes) October 31, 2024 …

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