On Wire

Breaking news, updates, and reports on current events.

Chinese Apple factory locking in workers

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A thread: Explaining why the implementation of the zero-clearing policy at Apple's largest assembly plant in China in recent days may send the stock market tumbling and affect the results of the mid-term elections and the Russian-Ukrainian warhttps://t.co/KtdHnYvr1i — 爱搞搞 (@aigaogaoUSA) October 30, 2022 2/The news didn't spread on US. social media last week so … Read more

Wrapping my head around why anyone thinks Fed pivot: employment cost index came in at 5.0%, core PCE 5.1% – both accelerated m/m.

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Wrapping my head around why anyone thinks Fed pivot: employment cost index came in at 5.0%, core PCE 5.1% – both accelerated m/m. — Stephanie Link (@Stephanie_Link) October 30, 2022 66% of American workers are worse off financially than a year ago due to inflation, per CNBC. — unusual_whales (@unusual_whales) October 30, 2022 The big … Read more

TWITTER DRAMA: Musk Fired Top Execs “FOR CAUSE”, Won’t Get Golden Parachute Payments!

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That means they lied to him, violating the buyout agreement, and he already has the goods on them. And you know that Elon’s legal team cleared it beforehand. According to the @nytimes: Musk fired the company’s entire senior staff “for cause,” an attempt to avoid paying out tens of millions of dollars in severance packages … Read more

Sprott: Fed’s Pivot is Inevitable

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Guest post by David Brady from SprottMoney: In last week’s article entitled “Fed Pauses / Pivots”, I cited Nick Timiraos’ article in the Wall Street Journal “Fed Set to Raise Rates by 0.75 Point and Debate Size of Future Hikes.” In it, he suggested that the Fed was going to consider reducing its rate hikes … Read more

No one can sit out the coming storm’: Putin’s milestone Valdai speech.

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The world is entering a decade of tumult as the pursuit of a more just world order clashes with the arbitrary hegemony of the collective West, Russian President Vladimir Putin said on Thursday, addressing the annual meeting of the Valdai Discussion Club. Putin’s speech ranged from biodiversity to “cancel culture,” the nature of what the West has to offer … Read more

Kroger had to pay $180,000 to workers who were fired after they wouldn’t wear LQBTQ+ pride symbols.

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An Arkansas federal judge ordered Kroger to pay two former employees $180,000.They were fired from the store after refusing to wear an apron with a “multicolored heart,” court documents show. “Both have sincerely held religious beliefs that homosexuality is a sin and that they cannot support or promote it,” the judge wrote. https://www.msn.com/en-us/news/other/kroger-had-to-pay-dollar180000-to-workers-who-were-fired-after-they-wouldnt-wear-lqbtqplus-pride-symbols/ar-AA13wDzS  

Rolling Stone: Kyrie Irving Under Fire For Engaging in Kanye West Like Behavior

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NEW: NBA player and noted "free-thinker" Kyrie Irving took to Twitter to boost a movie and book stuffed with antisemitic tropes.https://t.co/ibMlleGqPs — Rolling Stone (@RollingStone) October 28, 2022 Kyrie Irving promoted an antisemitic book that claims anti-Black racism can be traced back to key Jewish texts (false) and has a section wondering if there's "any … Read more

Representative Ralph Norman “Biden is not running this country.” “A cabal of unelected elitists who are running this country

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South Carolina GOP Rep. Ralph Norman told “Real America’s Voice” that he believes former President Barack Obama and former attorney general Eric Holder are the leaders of a “cabal of elitists that run this country” because President Biden is not doing so. “The whole administration is a rogue administration,” Norman said. “We all know Joe … Read more