On Wire
Breaking news, updates, and reports on current events.
With no Black players in World Series, Astros manager Dusty Baker is ‘ashamed of the game’
This is the first World Series since 1950 there will not be a single Black player on the field. “Nah, don’t tell me that,’’ Baker says. “That’s terrible for the state of the game. Wow! Terrible. I’m ashamed of the game. “Quote me. I am ashamed of the game.’’ Baker was publicly asked about it … Read more
NATO Convinces Another European Country (Finland) to Destroy Itself for Russia
Authored by Dave DeCamp via AntiWar.com, NATO nuclear weapons could potentially be placed on Russia’s border with Finland if Helsinki joins the Western military alliance, Newsweek reported on Wednesday, citing a Finnish newspaper. The newspaper Iltalehti reported that the bill the Finnish government will put before the country’s parliament on joining NATO doesn’t include any opt-outs for hosting nuclear weapons. … Read more
Facebook committed 822 campaign finance violations during the 2020 election season, and was fined a record $25 million.
via seattletimes: Meta, Facebook’s parent company, was fined nearly $25 million Wednesday for intentionally and repeatedly violating Washington’s campaign finance laws. King County Superior Court Judge Douglass North issued the maximum possible fine to the social media giant, after finding that the company had, between 2019 and 2021, violated Washington’s longstanding political disclosure law 822 separate times. It … Read more
Buyer and renter demand are collapsing simultaneously…
1) The simple reality is that Americans can't afford to either Buy or Rent right now. Which is resulting in something called "Household Consolidation". Where people move in with friends or family. — Nick Gerli (@nickgerli1) October 28, 2022 3) Because think about what Real Estate Investors are now facing: -Higher Interest Rates-Declining Prices-Declining Rents … Read more
Fed Seen Aggressively Hiking to 5%, Triggering Global Recession
https://www.bloomberg.com/news/articles/2022-10-28/fed-seen-aggressively-hiking-to-5-triggering-global-recession Federal Reserve officials will maintain their resolutely hawkish stance next week, laying the groundwork for interest rates reaching 5% by March 2023, moves that seem likely to lead to a US and global recession, economists surveyed by Bloomberg said. The Federal Open Market Committee will raise rates by 75 basis points for a fourth … Read more
East Coast fuel markets are facing a diesel shortage
by BoatSurfer600 Mansfield is moving the Southeast to Code Red, requesting 72 hour notice for deliveries when possible to ensure fuel and freight can be secured at economical levels Source Major Fuel Supplier On “Code Red” As Diesel Crisis Hits Southeast. “Diesel supplies are very scarce across the Northeast and in the Southeast. Supplies are at the … Read more
Inflation Alert! Interest payments in the third quarter up 13.59% ($88.125 billion) from last quarter and 24% ($143.667 billion) from this time last year.
by Dismal-Jellyfish Interest costs and the national debt could be even higher if interest rates continue their upward trajectory and outperform CBO’s economic forecast. They planned for this, right?!?!?! CBO estimated CPI inflation will total 4.7 percent in CY 2022, 2.7 percent in 2023, and 2.3 percent per year thereafter https://www.bls.gov/news.release/cpi.nr0.htm Oh…. The CBO has underestimated … Read more
Searches for seasonal jobs are up 33%—but stores like Walmart and Macy’s are pulling back on hiring
As the winter holiday season heats up, the seasonal job market appears to be reflecting the regular job market’s current tension, with too many people applying to too few open positions. Searches for seasonal jobs jumped 33% in September compared the previous year, according to an Indeed study published earlier this month. But employer demand … Read more
Thousands of students demonstrate in more than thirty cities in Spain to warn about mental health problems among young people in the face of the increase in the number of suicides and depression
https://twitter.com/WallStreetSilv/status/1585821151996956673
CORE SCIENTIFIC, One of the Largest Public BITCOIN Miners, On Brink of Bankruptcy
(Kitco News) – Core Scientific, one of the world’s largest publicly traded Bitcoin mining companies, is on the brink of insolvency according to forms filed with the United States Securities and Exchange Commission (SEC) on Oct. 26. The company indicated that it will not be able to make payments owed to creditors in late October … Read more
Blackrock says pivot , the fed will pivot.
h/t adamwcordell
Today marks 17 consecutive green days in October, best month since 1976
h/t TheseHornet920
NATIONAL DIGITAL ID CLEARS CONGRESSIONAL HURDLE AMID FEARS IT COULD BE POLITICALLY ABUSED
A national digital ID system for U.S. citizens is fast becoming a reality following a vote by the U.S. Senate Homeland Security and Governmental Affairs Committee to advance the Improving Digital Identity Act. Digital IDs act as online, data-laden representations of human beings. Many analysts, such as the authors of a 2019 McKinsey Global Institute … Read more
AUSTRALIAN BANK BEGINS LINKING CUSTOMER TRANSACTIONS TO CARBON FOOTPRINT
The of potential future ‘carbon allowance’ limits, a major bank in Australia has introduced a new feature that links purchases to a customer’s carbon footprint and warns them when they are going over the average. Australia’s Commonwealth Bank (CBA) has partnered with Cogo, a “carbon management solutions” company, to launch the new feature, which is … Read more
Germans Protest For The Right To Have Sex With Their Pets
“According to German animal protection law, it is forbidden to have any sexual relationship between humans and animals. However, some people have gathered during a march to allow sex with animals. In what internet people thought was the most shocking news of all time, some of the protesters have urged the German government and authorities … Read more