On Wire

Breaking news, updates, and reports on current events.

3,000 HEAD GONE! Overnight. No Warning.

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Tyson Foods just shut down its Joslin, Illinois beef plant with almost no warning — wiping out roughly 3,000 head of daily processing capacity overnight. A buyer was looking at cattle on Tuesday. By Thursday the plant was done. This follows the earlier closure of Tyson’s Lexington, Nebraska plant and comes as the company also … Read more

Gulf oil choke hits Treasury bonds hard

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🚨 The City of London Just Triggered the Next Bond Meltdown Gulf States (Saudi Arabia, UAE, Kuwait, Qatar, etc.) suddenly cannot sell their oil at scale. No oil sales = no revenue. Saudi Arabia has recorded ZERO Oil sale to America for the first time ever. But this exact… https://t.co/VcY7JJVaJt pic.twitter.com/qqJuR5mplI — Stern Drew (@SternDrewCrypto) … Read more

US blockade cuts Iran oil cash to zero

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It's getting bad in Iran when a woman is calling an Iranian Gov Official a liar. Iranian Central Bank Governor Abdolnaser Hemmati admitted on state TV that Iran is no longer exporting oil due to the ongoing US blockade. He also confirmed that none of the promised billions in… pic.twitter.com/oUQMO7XFev — Matt Tardio (@angertab) August … Read more

California Draws More Investment — Than All Other 49 States Combined Due to AI

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California is in the midst of a record-shattering investment wave, fueled by the artificial-intelligence boom in Silicon Valley. Companies based in the Golden State have drawn around $366 billion of venture capital since the beginning of the year, according to data provider PitchBook. That’s more than three times the amount of venture funding that has … Read more

Real estate agents manipulating AI.

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Ask ChatGPT, Gemini or Google’s AI Overviews who the best real estate agent in a given city is, and the odds are overwhelming that the actual top producer in that market doesn’t come up. Many real estate agents are trying to crack the code of AEO — Answer Engine Optimization, sometimes called AI Engine Optimization. … Read more

Foreigners dump Japanese bonds at 21x normal pace

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Money is leaving Japanese debt fast and rotating into Japanese stocks instead. Higher local yields are forcing a real shift in global capital flows. 🇯🇵DATA: Foreign investors dumped ¥1.25 TRILLION of Japanese bonds last week, 21x the prior week's selling. The exodus follows the 10-year JGB yield hitting its highest level since 1996 earlier this … Read more

Scott Bessent: “We’ve got a spike in oil prices today that I don’t really understand”… “After the deportations that we’ve seen and the closing of the border, we don’t need to produce as many jobs”

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Bessent: "We've got a spike in oil prices today that I don't really understand" pic.twitter.com/gd3QwyiBsd — Aaron Rupar (@atrupar) August 20, 2026 Here’s another puzzler from the Soros guy: Scott Bessent on the latest bad jobs report: "After the deportations that we've seen and the closing of the border, we don't need to produce as … Read more

Scott Bessent: “There’s nothing magic about the $40 trillion number.” “We can grow our way out of that”

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Scott Bessent: "There's nothing magic about the $40 trillion number." "We can grow our way out of that" pic.twitter.com/PCUGBFFDCu — Hedgeye (@Hedgeye) August 20, 2026 Bessent came out to reassure markets and everything is now selling off. — Rick J (@rickjeff78) August 20, 2026 Bessent: "We've got a spike in oil prices today that I … Read more

Walmart drops 9%, Dow drops 400 points. Without AI spending, we’d already be in a very deep recession?

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Walmart stock is in free fall after reporting disappointing US sales. US sales growth came in at 2.6% vs 3.8% expectations. Link below 👇 pic.twitter.com/oMzHPnxkWB — QE Infinity (@StealthQE4) August 20, 2026 Dow drops 400 points, hurt by rising Treasury yields and a decline in Walmart: Live updates A pullback in Walmart shares hit the broader market … Read more