On Wire

by Shaun Richards This morning brought us up to date on an issue which has been concerning the Chinese authorities. It is the issue of inflation but not the more recent producer price one but the much more long-running issue of house prices. As 2021 has developed China has shown more signs of concern over … Read more

All I want to say is… BAWAHAHAHA   AC

by Doug French via Mises Summerlin, the suburb of west Las Vegas creeping ever closer to the mountains, looks to be crowded with fully paved streets, streetlights, block walls, and blue top lots. With lumber, labor, and other materials in short supply, home construction can’t keep up. However, Ali Wolf, chief economist with Zonda, quoted by CNBC, claims, “The … Read more

FCC Commissioner Brendan Carr issued the following statement in response: “The State’s Attorney’s Office, led by Democrat Marilyn Mosby, has launched a chilling and direct attack on free speech and journalistic freedom. The complaint her office filed with the FCC asks the Commission to censor a newsroom simply because journalists are doing their constitutionally protected … Read more

LONDON (Reuters) – Investors are estimated to have lost $930 million on their short positions in meme stocks GameStop and AMC Entertainment over the last five trading days, data from financial analytics firm Ortex showed on Tuesday. https://finance.yahoo.com/news/gamestop-amc-short-sellers-sit-110554197.html

Rep. Ayanna Pressley (D., Mass.) postponed filing her 2020 financial disclosure as the liberal congresswoman faced questions about whether she made money as a landlord during the coronavirus pandemic. Pressley moved to extend her filing deadline by 90 days on April 26, just one week after the Washington Free Beacon reported that she collected up to $15,000 in rental income … Read more

Stellantis NV is cutting almost 1,700 jobs at its Jeep Cherokee plant in Illinois, the transatlantic automaker said Friday, the latest example of how the global semiconductor shortage is affecting the industry with lasting implications. The automaker is reducing shifts at Belvidere Assembly Plant from two to one by July 26. The move, which seeks to “balance sales … Read more

Nearly two-thirds, or 64%, of millennials (ages 25 to 40) say they have at least one regret about purchasing their current home, according to a new poll of more than 1,400 U.S. homeowners from Bankrate. Only about 45% of Gen X (ages 41 to 56) and 33% of baby boomers (ages 57 to 75) reported … Read more

Credit Suisse Group AG’s legal woes are mounting following the collapse of supply chain finance group Greensill Capital, as Zurich prosecutors said they received a complaint related to the matter. https://www.bloomberg.com/news/articles/2021-04-23/credit-suisse-faces-zurich-criminal-complaint-over-greensill    

It’s common knowledge, at this point, that artificial intelligence will soon be capable of outworking humans — if not entirely outmoding them — in plenty of areas. How much we’ll be outworked and outmoded, and on what scale, is still up for debate. But a new interview published by The Guardian over the weekend, Nobel … Read more

The US military operates a vast network of soldiers, civilians, and contractors that it uses for clandestine missions both at home and abroad, Newsweek has claimed, adding that the force also manipulates social media. After a two-year investigation, the outlet reported that the undercover army consists of around 60,000 people, many of whom use fake … Read more

The occupants of a skyscraper in China’s southern city of Shenzhen were ordered to vacate the building after it began to shake, creating chaos in the surrounding streets. Officials say no earthquake was detected in the city. At 984 feet (300 meters), SEG Plaza is one of the tallest skyscrapers in Shenzhen, but the impressive … Read more

Several dailies are using this term. They’re setting the vaxxed against the non-vaxxed. Biden did it too recently. This is their latest strategy, to turn millions of vaxxed sheeple against the rest, maybe so that they’ll agree to forced injections in the future. Again with this term 'refuseniks' – they'll return to lockdown and blame … Read more

Watch the latest video at foxbusiness.com Forbes Media chairman reacts to the president’s plan to offset his proposed $2.3 trillion package on ‘Fox Business Tonight’ California Gov. Gavin Newsom has proposed spending an additional $11 billion on transportation improvements in the state, including $4.2 billion to complete construction on the first portion of a high-speed … Read more