On Wire

Breaking news, updates, and reports on current events.

Over 50% of CEOs say they’re considering cutting jobs over the next 6 months — and remote workers may be the first go to

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SNIP Alarm sirens from the C-Suite about a looming recession are gaining volume in America and elsewhere, but calls back to the office for full-time work are a lot softer. Most CEOs across the globe shared the view that a recession is on the horizon and coming sooner than later, according to a Tuesday report … Read more

Felder Report: Why The Bear Market In Stocks May Only Be Halfway Through

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by jessefelder There are a lot of different ways to analyze markets; fundamental and technical analysis are two of the most popular. Certainly, assessing the likely future path for corporate earnings and studying price patterns and momentum are both worthwhile if not crucial to successful investing. Fundamentals tell a story about trends in the business … Read more

At Least 30 Dead In Shooting At Child Day Care Centre In Thailand

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UPDATE : Confirmed casualties 32 & the gunman has k!//Ed himself.Its heartbreakinb most victims were the daycare kids, they didn't do anything wrong. But their lives was forcefully taken away from them in such a tragic way. May those sweet souls RIP 🙏 #กราดยิงหนองบัวลำภู — 🌈🦋DIYA🦋🌈 (@GOT7_ZNN) October 6, 2022 AC

Americans Suffer From Natural And Government Created Disasters

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by Ron Paul of Ron Paul Institute for Peace and Prosperity Last week Congress passed a continuing resolution and then adjourned until after the election. When Congress reconvenes, it will almost certainly pass a multi-billion dollars aid package for those impacted by Hurricane Ian. This spending will likely be labeled “emergency,” so Congress members will not even have … Read more

SWIFT lays out global central bank digital currency blueprint

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‘Crypto network SWIFT has laid out its blueprint for a global central bank digital currency (CBDC) network after an eight-month trial period. The experiment, which looked at different technologies and currencies, involved France and Germany’s central banks as well as worldwide lenders like HSBC, Standard Chartered and UBS. It examined how CBDCs could be widely … Read more

Lettuce at $8? Inflation in Australia is hurting everyone from restaurant owners to diners

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Food prices are rising at one of the fastest rates among consumer goods in Australia. Costs of fruit and vegetables rose 18.6% in August compared to a year ago, according to the latest update by the Australian Bureau of Statistics. Australia, like many countries, is battling record-high inflation. Annual inflation in August has risen to … Read more

Joe Biden says Saudi Arabia/Russia have teamed up to destroy America! He must tap into stratigic oil reserves!

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The Biden administration accused the OPEC+ exporting cartel of siding with Russia — and announced the release of still more oil from America’s Strategic Petroleum Reserve — after the group agreed to snub US outreach and collectively reduce production. OPEC+, led by Saudi Arabian Prince Abdulaziz bin Salman, said it would collectively reduce output by … Read more

Consumer Debt Delinquencies And Defaults Set To Soar

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by Dave Kranzler of Investment Research Dynamics The following analysis was featured in the September 25th issue of the Short Seller’s Journal.  You can learn more about this newsletter here:  Short Sellers Journal information. A survey was done by CreditCards.com in which 60% of the respondents said that they have been in credit card debt for at least a … Read more

The combined value of the stock market and housing market has since 1980 completely detached from GDP. Are we in the biggest asset bubble ever?

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by silvertomars Look at the inverse relationship between assets and interest rates… add QE to that as well in recent years… as inflation remains more sticky than the market thought, we are on a path to price discovery for bonds… this will set the price of other assets… or Fed prints and people starve… 4) … Read more

DC Dems OK Plan Giving Noncitizens Right to Vote

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Washington, D.C. Democrats green-lit a bill Tuesday that would give residents, regardless of immigration status, the right to vote in local elections. The measure was advanced by a vote of 12-1 and will go for a final vote before heading to Mayor Muriel Bowser’s desk. https://townhall.com/tipsheet/leahbarkoukis/2022/10/05/dc-dems-greenlight-plan-to-allowing-illegal-immigrants-right-to-vote-n2614012  

UK Government debt outlook is cut from ‘stable’ to ‘NEGATIVE’ by top US credit rating agency Fitch after Liz Truss’s mini-Budget debacle

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by Boo_Randy The UK just pulled ahead of the US by a nose in our race to become a full-fledged banana republic. https://www.dailymail.co.uk/news/article-11285371/UK-Government-debt-outlook-cut-stable-NEGATIVE.html A top US credit rating agency has lowered its outlook for British government debt from stable to negative after new Prime Minister Liz Truss announced a crash programme of debt-fuelled tax cuts. The firm Fitch announced … Read more