Breaking news, updates, and reports on current events.
by TFittonJW PLUS Lindsey Graham should “invite” Obama, Biden and Clinton to testify on Obamagate. Had another great Judicial Watch interview with Lou Dobbs:
A small business owner in Seattle has been shamed into a makeover and a long public apology after an internet mob deemed her dreadlocks a form of ‘cultural appropriation’ – a charge some have dismissed as literal fashion policing. In an Instagram post on Monday, Rachel Marshall, founder of Rachel’s Ginger Beer in Seattle, penned … Read more
by WARREN MOSLER Bank loans, Commercial real estate index, Dining The retreat continues: Commercial real estate leading index was down again for June: Taken a turn for the worse:
Is this a Path Forward? % of Total Profits Coming from the Largest 100 Companies* 2020: 90%2017: 84%1997: 52%1977: 48% *U.S. publicly traded corporations, Wall St. Journal data, via @beartrapsreport cc @paulvigna — Lawrence McDonald (@Convertbond) July 14, 2020 Apple and Microsoft constitute ~44% of tech pic.twitter.com/tEDbH6288Z — Lawrence Hamtil (@lhamtil) July 14, 2020 Amazon … Read more
"The stars have aligned for the dollar to weaken more. The US simply faces more risks than other major economies at this point." https://t.co/JY6smuFeTo — Jesse Felder (@jessefelder) July 14, 2020 Corporate tax receipts for Q2 just collapsed by over 90% YoY! The government can’t afford to give low tax rates & other breaks for … Read more
Retail bankruptcies are piling up at a record pace, via @joshfromalaska "Five filed in the first two weeks of July, matching the record for a month with more than two weeks to go," with the latest being the parent of New York & Co. yesterday. @theterminal pic.twitter.com/4y0BC9zXH8 — Lisa Abramowicz (@lisaabramowicz1) July 14, 2020 SMALL … Read more
by fizzpie Chart was inspired entirely by these two: [OC] Comparing crises: S&P 500 declines indexed from market peaks [OC] S&P 500 Market Crashes: Comparing length & severity This chart adds to/modifies the previous: Shows each crash from start to full recovery (as opposed to ending at the lowest point) X-axis is in log scale … Read more
by triplej9k Walmart has recently announced it’s subscription service to compete with Amazon prime called Walmart+ Walmart+ aims to provide: same-day delivery, discounts on fuel, and early access to Walmart deals. Not to mention, the cost of their subscription is annually cheaper than Amazon’s Prime. Now, Amazon has been dominating the online retail space up to this … Read more
https://www.nytimes.com/2020/07/14/technology/massachusetts-sues-uber-lyft.html Uber and Lyft should treat their drivers in Massachusetts as employees with the right to receive benefits, instead of misclassifying them as independent contractors, the state’s attorney general said in a lawsuit filed against the ride-hailing companies. The suit, made public on Tuesday, makes Massachusetts the second state after California to challenge how Uber … Read more
by NewFlipPhoneWhoDis eBay could SOON become pound for pound one of the most profitable enterprises outside of gambling and drugs. TLDR Bad Leadership at eBay for YEARS Corona flips the script. Bull Case $180 Bear Case $220 Future Price Target maybe more. We will see how peoples mind changes when we see earnings. BUY 11 … Read more
Amazon is launching smart grocery carts that will automatically track shoppers’ items and allow customers to skip the checkout line. It will be available at Amazon’s new Los Angeles area grocery store, which will open this year. AC
via Financial Argument All signs show me that the housing market crash is on the horizon. Actually the housing bubble has been around for years. But this time real estate crash will be worse than the previous crisis. The total value of the U.S. Real Estate market, which is on the edge of a collapse that … Read more
by Mark Thornton via Mises Q: We’re in a very odd situation right now in terms of evaluating the state of the economy. We can see there is rising unemployment and there is likely to be a wave of missed mortgage and rent payments. Is this all just due to the government-mandated “shutdowns” or are there deeper economic issues here? … Read more
Eduardo Neret joined National Report on Newsmax to explain the bait and switch that is occurring at colleges and universities. Many schools have recently announced they will be online after previously indicating they would attempt to reopen.
by: Virgilio Marin (Natural News) A study published in Alzheimer’s & Dementia: The Journal of the Alzheimer’s Association found that in people with Alzheimer’s, tau proteins promote the degeneration of brain regions responsible for keeping people awake. This explains why excessive daytime napping is common among people with the disease and suggests that it could be an early sign of Alzheimer’s. … Read more
by Facts-Over-Opinion CNN Anchor Don Lemon hosted actor Terry Crews on his show after Crews faced backlash over a #BLM tweet. Lemon seemed to sing a different tune than he did 7 years ago.
