Month: May 2022

THERE’S A ZUCKER BORN EVERY MINUTE…

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via Ed Driscoll  Inside the Collapse of CNN+, The News Channel’s ‘Apollo Mission:’ Hundreds of staffers were drawn to the streaming venture, positioned as network’s future; $5.99-a-month service lasted one month. For the more than 400 workers involved, it’s also the story of the dashed hopes of those caught up in a startup’s woes. CNN+’s rise and … Read more

The SEC Just Raised the Fees Investors Pay on Every Transaction, Even the Commission-Free Ones

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After this weekend, U.S. government fees on securities sales will quadruple. ​ Don’t panic. The charges are small. Very small. ​ For decades, the Securities and Exchange Commission has secured some funding for its regulatory activities from trading fees paid by brokers and exchanges. The rates of these SEC fees are adjusted periodically, as national … Read more

UK government not happy about Chinese takeover of UK company specialising in GRAPHENE

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Business Secretary Kwasi Kwarteng triggered a further review of a proposed China-linked takeover of a UK-based graphene firm, stepping in on national security grounds. He has written to the Competition and Markets Authority (CMA), instructing them to carry out an in-depth Phase 2 investigation of the planned acquisition of Perpetuus Group, with buyers including Shanghai … Read more

Biden is on the payroll of Putin?

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by Ed Driscoll  CRISES BY DESIGN: Biden admin cancels massive oil and gas lease sale amid record-high gas prices. The Biden administration canceled one of the most high-profile oil and gas lease sales pending before the Department of the Interior Wednesday, as Americans face record-high prices at the pump, according to AAA. The DOI halted the potential to drill … Read more

Financial conditions are rapidly tightening

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4. Correlation or Causation. Stockmarket generally has a bad time when banks are tightening up on lending.@topdowncharts $MACRO $SPX $SPY pic.twitter.com/QlcmmDio2E — Callum Thomas (@Callum_Thomas) May 14, 2022 5. Correlation vs Causation pt 2: Shifts in bank lending standards point to upside risk for credit spreads…https://t.co/wo0tFSQNSB $MACRO $JNK $HYG pic.twitter.com/dK5h4JsRC9 — Callum Thomas (@Callum_Thomas) May … Read more

Grocery List For The People Of The World: Bread, Milk, Grubs, Beetles And Maggots

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by Daisy Luther of The Organic Prepper Have you ever read about a survival scenario where a kidnapping victim, a forgotten prisoner, or lost hiker was forced to choke down insects in order to survive? Did it sound repulsive? Demeaning? Even sub-human? Well, welcome to your life if the United Nations has anything to do with it. Our “friends” at … Read more

Investors are selling stocks, bonds, gold and silver like its 2008

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Dave Kranzler with Chris Marcus on Arcadia Economics Investors around the globe have been hit hard by the recent selloffs in the #stock, #bond, and #preciousmetals markets, and there’s a degree to which it’s starting to feel a bit like 2008. When traders around the globe were basically just selling anything and everything. Of course that doesn’t make it … Read more

AI cameras being deployed across the United States

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NEW YORK – It’s just a simulation, but it feels real, as the employee carrying out the demonstration inside Actuate offices in Midtown Manhattan walks in carrying a mock AR-15 rifle. In a matter of seconds, after the employee is visible in the office space, a surveillance camera in the room goes into action. A green flash … Read more

Cathie keeps buying Coinbase

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The chances of both have been questioned this year as a selloff in speculative tech stocks laid waste to her future-focused exchange-traded funds. Wednesday was a particular low point, with the flagship ARK Innovation ETF (ticker ARKK) slumping 10% in its third-worst drop on record. One of the biggest drags that day was Coinbase Global … Read more

Government’s £500m support scheme failing Britain’s poorest households

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Akey part of the government’s response to the cost of living crisis has not been available to applicants for months in some parts of the country after councils ran out of money, the Observer can reveal. The government launched the £500m Household Support Fund (HSF) last autumn to help poorer households with essentials. Ministers have highlighted the … Read more

Elon Musk said his team is going to do a ‘random sample of 100 followers’ of Twitter to see how many of the platform’s users are actually bots

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Elon Musk on Friday said he plans to conduct his own research to determine the amount of Twitter users that are actually bots before his purchase of the social media company continues. In a tweet sent early Friday morning, Musk said the Twitter deal was on hold until he could verify the site’s estimate that … Read more