On Wire

Breaking news, updates, and reports on current events.

ABC News: “6-year-old repeatedly raped by older boy on Aldine ISD school bus, his mother says”

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View post on imgur.com HOUSTON, Texas (KTRK) — A Houston mother is demanding answers from Aldine ISD officials after she said her 6-year-old son was sexually assaulted while riding the school bus for months. “I’m angry. I have no words,” Latoya “Stormie” Monroe said outside the Aldine ISD bus barn alongside several community activists Monday … Read more

Fed Chair Powell Says “Long Way to Go” in Inflation Fight, Calls U.S. Debt “Unsustainable”

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The United States is watching disinflation travel through the national economy, but “it has a long way to go” before price stability is achieved, says Federal Reserve Chair Jerome Powell. Speaking at the Economic Club of Washington on Tuesday, the Fed chair acknowledged that the country is in the “very early stages of disinflation.” However, … Read more

AMC to Charge More for Good Seats in Movie Theaters

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NEW YORK—Middle seats at many U.S. movie theaters just got more expensive. AMC Theaters, the nation’s largest movie theater chain, on Monday unveiled a new pricing scheme in which seat location determines how much your movie ticket costs. Seats in the middle of the auditorium will cost a dollar or two more, while seats in … Read more

Arizona Border Hospital Faces Financial Crisis After Treating so Many Illegal Alien Patients: ‘Not a Sustainable Model’

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A hospital near Arizona’s southern border is facing a financial crisis on account of the thousands of illegal immigrants crossing into the United States, and its president and CEO is now taking to the media to help draw attention to the issue since so many governmental leaders have refused to address it. Dr. Robert Transchel, … Read more

YSK: Android users can dramatically increase the speed of their device animations/transitions/pop-ups with a simple settings change.

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by deep6er By making a minor adjustment in your device settings, you will immediately notice how much faster your device will perform. Why YSK is that Android default is set to much slower settings and your device can be noticeably faster. Edit: for those who tried and were unsuccessful, I had a typo in the … Read more

SoftBank virtually halts new funding as it contends with persistent losses

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https://techcrunch.com/2023/02/06/softbank-loses-nearly-6-billion-in-a-quarter-as-downturn-continues/ SoftBank Group’s investment vehicles posted a loss of nearly $6 billion in the quarter that ended in December as the Japanese tech investor continues to bleed through the market downturn and significantly pares back new backings. This is the fourth straight quarter in which SoftBank Group has lost money, prompting many to challenge the … Read more

Disney is at it again…

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The creator of Disney+ show The Proud Family: Louder and Prouder said he is thrilled by the backlash against the cartoon – which has been branded ‘anti-white propaganda’. Disney was slammed for going woke yet again after the cartoon featured black children rapping about reparations and saying: ‘Slaves built this country.’ Bruce W. Smith, 61, … Read more

Just as everyone believes the bear market is over, comes the credit event…

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https://twitter.com/leadlagreport/status/1623030861141577742 The default cycle has begun. Several large land bankers in Vancouver have filed for bankruptcy, unable to refinance their loans now that the music has stopped. — Ben Rickert (@Ben__Rickert) February 7, 2023 The average home is STILL selling for almost 10x the average income! Home prices can remain expensive for 2-3 years, but … Read more

George Gammon has a valid point

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People really need to start thinking about how they’ll navigate governments having CBDCs. If you think you’ll be able to simply unplug from the system by using bitcoin or gold/silver, and maintain your current standard of living, you haven’t thought this through completely. — George Gammon (@GeorgeGammon) February 7, 2023

Inflation Alert! Cox Automotive: Wholesale Used-Vehicle Prices Increase in January….

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by  Dismal-Jellyfish ‘In January, Manheim Market Report (MMR) values saw price increases that were not typical.’ Remember, falling used vehicle retail prices exerted big downward pressure on “core CPI”. This must make JPow nervous… I want to call out the highlighted section: The average daily sales conversion rate increased to 59.4% and was above normal … Read more

Boeing Cutting 2000 Jobs…Zoom Video 1,300 Jobs

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WASHINGTON (Reuters) -Boeing Co expects to cut about 2,000 white-collar jobs this year in finance and human resources through a combination of attrition and layoffs, the U.S. planemaker confirmed Monday. Last month, the Arlington, Virginia-based company announced it would hire 10,000 workers in 2023 after hiring 15,000 people in 2022, but said some support positions … Read more