On Wire

Breaking news, updates, and reports on current events.

List of banks acquired or bankrupted during the Great Recession – Wikipedia

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via Wikipedia: This is a list of notable financial institutions worldwide that were severely affected by the Great Recession centered in 2007–2009. The list includes banks (including savings and loan associations, commercial banks and investment banks), building societies and insurance companies that were: taken over or merged with another financial institution; nationalised by a government or central bank; or declared insolvent or liquidated.      

After The Boom Comes The Bust. And Now Is The Bust

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Freight shipments in the US across all modes of transportation – truck, rail, air, and barge – fell 5.3% in June compared to June last year, after having fallen 6.0% in May, the seventh month in a row of year-over-year declines, according to the Cass Freight Index for Shipments. This decline, along with … Read more

Visualizing American’s Debt Problem

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by howmuch It’s no secret that millions of Americans are struggling with debt, but the numbers might still surprise you. While the economy doesn’t seem to be slowing down quite yet, U.S. debt is reaching worrying heights. To see how extreme this debt crisis is, let’s take a look at each U.S. state’s debt per capita. The … Read more

FITTON:BIGGER Clean Up of Voting Rolls: Kentucky Begins Process to Remove up to 250,000 Inactive Rolls from Voter Rolls Thanks To Judicial Watch Lawsuit

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by TFittonJW (Washington, DC) – Judicial Watch announced today that in June Kentucky mailed address confirmation notices to 250,000 voters who are believed to have moved, thanks to a consent judgment agreed to by the Commonwealth. These registrations are probably outdated and will be cancelled if the voters fail to vote in future elections or to confirm their … Read more

Epstein Ready to Post $100,000,000.00 Bail

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Accused child sex trafficker Jeffrey Epstein is willing to post bail as high as $100 million, his lawyer said Monday at a detention hearing for the former friend of Presidents Donald Trump and Bill Clinton. A prosecutor argued the case against Epstein, a wealthy investor, is “already significantly stronger and getting stronger every single day.” … Read more

How negative can interest-rates go?

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by Anthony B Sanders A consequence of the credit crunch era that has continued to flow is the trend towards negative interest-rates and yields. For example it was only the week before last I was looking at a speech from Bank of England Governor Carney that referred to there being some US $13 Trillion of … Read more

Kahn: 6-Ways To Prepare For The Next Market Decline

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This article was originally published at Kiplinger and submitted by Michael Kahn The U.S. economy is putting up some impressive numbers in GDP, jobs and wages, but many pundits fear that a slowdown is pending. Trade-war fears with China and the European Union remain front and center in the news. And the yield curve is threatening to … Read more

Connected Powerful DEMOCRATS behind CENSORING Conservative Speech

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via spinquark: Joe Rogan Experience #1292 Joe Rogan: “…I think they [Twitter] definitely are biased against conservative people… it’s really clear that someone in the company, whether it’s up for manual review whether it’s at the discretion of the people that are employees… without doubt you’re dealing with people that are leaning left.” Ben Shapiro Show #793 – … Read more

‘Justice Democrats’ vs. DNC: Group behind AOC looks to shake up the Democrat Party

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As in-fighting in the Democrat Party escalates, one organization says that was the plan all along. One America’s Alex Salvi takes a look at the group known as the ‘Justice Democrats.’ Vt. Sen. Bernie Sanders recently commented on the feud between House Speaker Nancy Pelosi and freshman Congresswoman Alexandria Ocasio-Cortez. One America’s Dana Alexa has … Read more

Dollar General has a new plan to gain wealthier shoppers

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From CNN Business: Dollar General is turning to a new strategy to push its budget-conscious shoppers to spend more at stores and attract wealthier customers hunting for bargains by expanding into home furnishings, kitchenware and party supplies. Dollar General has become a dominant force in retail by offering everyday items at rock-bottom prices, often in remote areas of the country. … Read more

China released second-quarter figures on Monday showing that its economy slowed to 6.2% — the weakest rate in at least 27 year

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via CNBC: China’s economy grew 6.2% in the second quarter from a year ago, the country’s statistics bureau said on Monday. Analysts polled by Reuters expect China’s economy to have grown 6.2% from a year ago in the April to June period. The GDP figure comes as the world’s second largest economy remains locked in … Read more