Breaking news, updates, and reports on current events.
Cuomo’s been calling daily, even hourly, begging for everything, most of which should have been the state’s responsibility, such as new hospitals, beds, ventilators, etc. I got it all done for him, and everyone else, and now he seems to want Independence! That won’t happen! — Donald J. Trump (@realDonaldTrump) April 14, 2020 POTUS Starting … Read more
Boeing customers cancelled a staggering number of 737 Max orders last month, deepening the crisis the company faces amid the coronavirus pandemic and the continued grounding of its best-selling plane after two fatal crashes. Boeing shares were down more than 3% shortly after the company posted the dismal figures, trading near session lows. BA stock … Read more
by whatsthisallabout247 I hope this is helpful and you review your current applications to fix these common mistakes: Insufficient backup such as 941 forms, Schedule C tax returns and payroll summaries Answering “no” to question 7 on the application where it asks you if your payroll calculation is for employees who live in the United … Read more
The global economic hit from the coronavirus crisis will be far worse in the near term than the financial crisis, according to Goldman Sachs. In the U.S., second-quarter activity likely dropped 35% while unemployment could hit 15%. However, the recovery in the second half of the year could be stronger than anything the U.S. has … Read more
by PaddleMonkey Any reduction in the risk of infection is good. The best method would be to avoid all human contact and avoid touching anything that could have been handled by people, but that’s very hard to do. Even cloth masks reduce outgoing and incoming virus particles.
https://twitter.com/NYCSpeakerCoJo/status/1249811884150308865 Governors on East and West coasts form pacts to decide when to reopen economies (CNN)States on the country’s East and West coasts are forming their own regional pacts to work together on how to reopen from the stay-at-home orders each has issued to limit the spread of the novel coronavirus. The first such group to be announced came … Read more
The United Nations could run out of money by the end of the month as it faces a near-unprecedented funding crisis, the secretary-general has warned. Almost a third of member states have not paid their annual dues leading to a £1.3 billion black hole, António Guterres said in a statement on Tuesday. The shortage of cash has meant vital … Read more
by emilyydrewww Something something exponential growth. Low murmurs under breath. Grumbling.
MiningStockEducation.com, Released on 4/14/20 David McAlvany has served as CEO of the McAlvany Financial Group since 2008. Portfolio management began with Morgan Stanley during the 2000 and 2001 tech crisis where he avoided major losses and benefited clients from the early stages of a commodity super cycle. Founding MWM in 2008 he and his team … Read more
via CNBC JPMorgan is building its credit reserves in anticipation that people might not be able to pay their credit card bills. The bank’s first quarter earnings statement showed its credit reserves increased by $6.8 billion from the prior year, 56% of which was allocated for its consumer card division. “Given the likelihood of a … Read more
https://www.youtube.com/watch?v=rXu8f8p0Mtk Democrats are seemingly on an endless push to get the entire country to vote by mail in 2020. Naturally they are blaming their reason on the coronavirus. But is there another more sinister motive? I think you all know the answer but just in case this video makes it CRYSTAL CLEAR.
A 70-year-old Toms River man was arrested twice in less than three hours Saturday after violating the state’s emergency orders during the coronavirus pandemic by entering separate Wawa stores without a mask and threatening to hit people with a pipe, authorities said. Stephen Breza became belligerent when he walked into a Wawa on the 100 block of … Read more
by Badatu 9,991 layoffs: YMCA 1,498 layoffs: Cinemark 1,463 layoffs: Hy-Vee 1,354 layoffs: Punch Bowl Social 1,328 layoffs: Trans States Airlines 506 layoffs: Take 5 Oil Change 407 layoffs: Paper Source 395 layoffs: Cisco More details: YMCA submitted 19 WARN notices in March, laying off a total of 9,991 employees in eight states, 3,400 of … Read more
By Simon Watkins Quite aside from the subtler elements of the oil deal announced late last week that are likely to undermine its ability to stave off further oil price lows in the coming weeks, the basic facts of the deal are sufficient to do so: global supply is to be cut by (sort of) 10 million … Read more
Alasdair Macleod interviewed by Dunagun Kaiser on Reluctant Preppers Alasdair Macleod returns to Liberty and Finance / Reluctant Preppers to lay out the emerging facts which he says are confirming his predictions for this year, including: the end of the credit expansion cycle, deepening global recession, a banking crisis, monetary supply inflation with loss of buying power, the destruction … Read more
by Shaun Richards At a time of crisis people look for what are considered to be safe havens. I say considered to be because this subject has been a regular feature on here in the credit crunch era and we have observed some ch-ch-changes in behaviour. For example we have seen investors be willing to … Read more
by Lance Roberts In this past weekend’s missive, I discussed the market’s completion of the 50% retracement. To wit: “From a purely technical basis, the extreme downside extension, and potential selling exhaustion, has set the markets up for a fairly strong reflexive bounce. Such an advance will ‘lure’ investors back into the market, thinking the … Read more
By Nick Cunningham “The historic agreement that we saw…is only 10 mb/d. But that is only half of the story,” U.S. Secretary of Energy Dan Brouillette said on Fox Business. “When you add up all of the production cuts around the world, we are going to be much closer to 20 mb/d coming off the market.” After … Read more
by Martin Armstrong The U.S. labor force reached a high of 164.6 million persons in February 2020, just at the start of the 2020 coronavirus pandemic in the United States. Since this shut down over the virus, almost 17 million people have applied for unemployment. More than 10% of the entire workforce has been disrupted. People are … Read more
