Independent thinking for complex markets and current events
NEW YORK (AP) — A Manhattan high-rise that was under construction when columns buckled and bricks tumbled into the street below during the Tuesday morning rush hour remained unstable and was still moving, forcing nearby buildings to evacuate, officials said. The 1970s-era office building was being converted to luxury apartments, and is the former global …
Flames and smoke still cloud the Horizon Biofuels site in Fremont Nebraska weeks after a massive blast on July 29 2025. Three workers remain missing swallowed by twisted metal and rubble. The plant’s main product wood pellets seemed innocent enough until the firestorm erupted fueled by volatile alcohol based materials on site. Nine fire departments …
via creditbubblebulletin: Somehow, it staged a remarkable comeback. “Transitory” was spoken five times during the post-meeting press conference, twice by Chair Powell: “As I’ve mentioned, it can be the case that it’s appropriate sometimes to look through inflation if it’s going to go away quickly without action by us, if it’s transitory. And that can …
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 …
via naturalnews: The U.S. Treasury market has been awfully shaky for quite a while but it had its worst day in six months on Thursday, November 9, as measured by the performance of the Bloomberg Treasury Index. A disastrous auction of 30-year Treasury bonds sent long-maturity yields soaring as investors demanded additional compensation for funding a ballooning fiscal deficit. …
People keep responding, “This is due to a decline in the number of people who are marriage material” Are young people in America really on a serious slope of decline in terms of character and relationship skills, or do we have higher standards compared to prior generations? — Amy Nixon (@texasrunnerDFW) July 5, 2023 Everything …