On Wire

Breaking news, updates, and reports on current events.

Beijing On Lockdown, 11m Residents Work From Home

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While Shanghai remains under lockdown, the outbreak continues to worsen in Beijing. Authorities are escalating their controls. Many neighborhoods have adopted closed management. Couriers and delivery workers are prohibited from entering. Beijing has a total of 16 administrative districts with a population of permanent residents of over 20 million. The outbreak has now affected 15 … Read more

Rug Pal #ETH Crushed

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Rug Pal #ETH Crushed https://t.co/AdAn0mrxQO — Keith McCullough (@KeithMcCullough) May 27, 2022 Tether has been off the peg for so long that they now have a blog post redefining what an asset peg means so that people stop asking them why they are off the peg. (About 2 weeks.) pic.twitter.com/avZoNuVChs — Patrick McKenzie (@patio11) May … Read more

PCE has lowered YoY.. without food and energy.. who gives a sh*t about these things. 1 in 3 Americans say gas prices forced them to change or cancel Memorial Day plans.

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U.S. inflation rate slows to 6.3%, Fed-favored PCE gauge shows, in a sign that price pressures could be peaking #Bidenflation is costing the average American family $569 per month and is hiking the price of Memorial Day. Food prices are skyrocketing, and 1 in 3 Americans say gas prices forced them to change or cancel … Read more

WHA gets the message – withdraws 12 of 13 Biden sovereignty amendments.

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Amid charges of ceding U.S. sovereignty to the World Health Organization, 12 of the 13 amendments submitted by the Biden administration for a vote in the World Health Assembly this week in Geneva have been removed from consideration. The amendments were publicized only last month, and it was the advocacy of independent researcher James Roguski that … Read more

Video emerges of parents at robb elementary getting beat arrested and pepper sprayed while gunman kills 19 kids in school!

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A mom of two students at Robb Elementary School says she was handcuffed by officers as the shooter was still inside before she jumped a fence and ran into the school to safely retrieve her children on Tuesday. After a few minutes, she said, a US Marshall placed her in handcuffs, stating that she was … Read more

Uvalde might have been yet another “known wolf” situation but we just can’t say for sure yet.

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via Stephen Green: FLASHBACK: Two teens arrested in ‘mass casualty’ plot in 2018 targeting a Uvalde middle school. Two Uvalde teens were recently arrested for Conspiracy to Commit Murder after officers said they foiled a mass-shooting plot the pair had schemed. A press release obtained by KENS 5 thoroughly chronicles events leading up to an investigation performed … Read more

This is the largest $SPY negative delta day in the last 30 days. Implies traders sold calls and bought puts as the market jumped higher.

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This is the largest $SPY negative delta day in the last 30 days. Implies traders sold calls and bought puts as the market jumped higher. pic.twitter.com/U8h0URK6tH — SpotGamma (@spotgamma) May 27, 2022 A great morning getting to chat with @michaelsantoli and @GunjanJS on @SquawkCNBC . https://t.co/X2bicRQi7L — Cameron Dawson (@CameronDawson) May 27, 2022 The Great … Read more

BILL GATES LITERALLY TIED TO SUPPRESSING FREE SPEECH

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The Bill and Melinda Gates Foundation has poured hundreds of millions of dollars into 11 of the 26 organizations backing an effort to prevent fellow billionaire Elon Musk from taking over social media platform Twitter, according to data shared with Breitbart by the Foundation for Freedom Online (FFO). Among the 11 Gates-backed organizations reportedly spearheading … Read more

Police decided to stand down as they thought no more children at risk in Uvalde shooting!

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Texas police director's story is that police mistakenly thought there were no more children at risk so police didn't try to force way into classroom. Very confusing — On what basis would police have concluded that there were no children still alive in classroom? — Steve Lookner (@lookner) May 27, 2022 #BREAKING: Texas official: Commander … Read more

Consumer Sentiment For Home Buying Falls To Lowest Point In History, Even Lower Than Housing Bubble Burst And Financial Crisis Of 2008 (Housing Too Expensive, Mortgage Rates Soaring, Inflation Roaring)

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by confoundedinterest17 The numbers keep getting worse. The University of Michigan Consumer Survey showed a decline in May to 58.4 (100 is baseline). Soaring inflation is a likely culprit. But the truly horrible survey result is the UMich Buying Conditions for Houses, plunging to 45. The reason? Crazy, expensive house prices courtesy of The Federal Reserve … Read more

Bankrate’s 30Y Mortgage Rate Rises Slightly To 5.29% (Housing Rents UP 16.4% YoY, Gasoline UP 92% Under Biden, Food UP 60%)

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by confoundedinterest17 US mortgage rates are up slightly this morning. Bankrate’s 30-year mortgage rate survey is up to 5.29%. The Biden Scorecard is still a bleak one (for non-elitists). Regular gasoline is UP 92% under Biden, Diesel fuel is UP 110%, foodstuffs are up 60% under Biden, Zillow all-house rents are UP 16.4% YoY. It hurts … Read more