The fact that this has to go to the SC is just shameful. Fresh off a new injection of $45 billion to ramp up its enforcement efforts, the IRS is calling on the U.S. Supreme Court to allow its agents to secretly obtain financial records, without ever notifying the account holders. Although the case, which … Read more
Bud light down 17.5% Coors Light up 17.6% So basically 1 in 5 people switched from Bud Light to Coors Light. One thing to keep in mind, though, is only 28% of Anheuser-Busch Inbev’s sales are in North America, so the effect isn’t as great as people think. It can be difficult to measure … Read more
Consumer Revolt… The War On Free Speech Is Really A War On The Right To Criticize The Government https://t.co/c4Ei6TbvT1 — zerohedge (@zerohedge) April 28, 2023 h/t Qplus17
by Dismal-Jellyfish Source: Federal Reserve Board announces the results from the review of the supervision and regulation of Silicon Valley Bank, led by Vice Chair for Supervision Barr
After a presentation on the Nevada cases the Epidemic Intelligence Service Conference on Thursday, doctors from other parts of the country said they are seeing similar increases in brain abscesses in kids. “We’re just impressed by the number of these that we’re seeing right now,” said Dr. Sunil Sood, a pediatric infectious disease specialist at … Read more
For many real estate buyers who lined up to sip a cocktail and purchase a condo unit at a high-profile launch party, the euphoria is a distant memory. The sales centres have long since been torn down and the photorealistic images have been turned into real buildings. The dilemma confronting many of those buyers now … Read more
A Spanish startup has managed to use a sperm-injecting robot to fertilise human eggs, successfully resulting in the birth of two healthy babies. Engineers with no experience in fertility medicine used a Sony PlayStation 5 controller to get the robotic needle to fertilise more than a dozen eggs. Healthy embryos from this experiment have now … Read more
by confoundedinterest17 March’s Personal Consumption Expenditures Core Prices remain HOT despite The Fed crashing M2 Money growth. PCE Core price growth remained elevated at 4.6%. Personal spending in March slowed to 0% growth. The Taylor Rule infers a Fed Funds target rate of 10.27% Alas, we will never get there.
by laflammaster via CNBC: Shares of First Republic dropped sharply on Friday as hopes dimmed for a rescue deal that could keep the bank afloat. Sources told CNBC’s David Faber that the most likely outcome for the troubled bank is for the Federal Deposit Insurance Corporation to take it into receivership. The stock slid about … Read more