Target will no longer open its stores on Thanksgiving Day, making permanent a shift to the unofficial start of the holiday season that was suspended during the pandemic. Retailers last year were forced to turn what had become a weekend shopping blitz into an extended event with holiday sales beginning as early as October to … Read more
https://twitter.com/CWNewser/status/1462571039540629505
https://twitter.com/PriapusIQ/status/1462808826755887109 Manhattan *10-77* Box 0838. 145 W 47th St off 7th Ave. Fire in a hotel under construction 49 stories 70×100 pic.twitter.com/djUHF4sOdv — NYCFireWire (@NYCFireWire) November 22, 2021
Obama Foundation Accepts $100M Donation From Jeff Bezos Barack Obama has a big new backer: Jeff Bezos. The Amazon founder and world’s second richest man is donating a whopping $100 million to the former president’s charity, the Obama Foundation said Monday. The donation comes as Amazon seeks to fend off challenges from the Biden administration. … Read more
https://twitter.com/oaktreeupheaval/status/1462645665612193797 https://twitter.com/oaktreeupheaval/status/1462650800698580995 https://twitter.com/oaktreeupheaval/status/1462647736583417857 https://twitter.com/oaktreeupheaval/status/1462659061099352072 h/t dr0id
A growing share of U.S. adults who aren’t already parents say they probably won’t have children, citing reasons such as apathy, financial instability or the lack of a partner. A new survey from the Pew Research Center found that 44% of non-parents ages 18 to 49 say it’s not too likely, or not at all … Read more
The San Francisco Bay Area faced a third consecutive day of brazen shoplifting on Sunday A group of about 40 to 50 teenage looters wielding hammers smashed glass cases at a Hayward jewelry store and ran off with an unknown amount of goods at around 5.30pm Sunday The suspects also reportedly ran into other stores … Read more
#BLM protesters in Portland, Ore. chant in support of Anthony Huber, a domestic abuser who was convicted for strangulation & other serious crimes. Huber was shot dead in self defense by #Rittenhouse after hitting him with skateboard. pic.twitter.com/n0giksOKx9 — Andy Ngo (@MrAndyNgo) November 22, 2021 h/t dr0id
San Francisco has already been suffering a surge in shoplifting, thanks in part to the statewide Proposition 47 of 2014, which made thefts up to $950 mere misdemeanors, which local prosecutors are more reluctant to pursue. …Retailers who already suffered looting in the Black Lives Matter riots of 2020 have had enough, and are speaking … Read more
The accidental discharge of a passenger’s weapon in a security area of Hartsfield-Jackson Atlanta International Airport caused widespread panic Saturday afternoon, prompting a brief halt of departing flights over the busy travel weekend. The incident occurred around 1:30 p.m. ET when a “prohibited item” was detected in a passenger’s property while going through the X‑ray … Read more
by Delicious_Reporter21 Amazon employees in 20 countries are preparing to strike on Black Friday as part of the “Make Amazon Pay” campaign. The campaign includes a coalition of 70 organizations, including Greenpeace, Oxfam, and Amazon Workers International. The protests come amid mounting dissent from Amazon employees over working condition and union busting. This seems like … Read more
On November 18, the U.S. House of Representatives narrowly passed the single-largest spending bill in American history: President Biden’s Build Back Better Act. Now, the only thing standing between Build Back Better becoming the law of the land is the U.S. Senate, but more specifically, Sens. Joe Manchin (D‑WV) and Kyrsten Sinema (D‑AZ). As of … Read more
by Historical_Job_8609 Whilst Tesla dominates US EV sales (it has fallen to around 66% first half) where EV sales might be 3% of car sales this year, Tesla is presently selling around 7% of EV’s in Europe and 9% in China, where EV sells will be a staggering 1 in 5 cars sales. Whilst the … Read more
by Simon Black In early January 1964, barely six weeks after the assassination of John F. Kennedy, US President Lyndon Johnson delivered a speech to the American people in which he declared an “unconditional war.” But he didn’t declare war on Vietnam. Or Cuba. Or the Soviet Union. Johnson declared war on poverty. And in … Read more
by confoundedinterest17 Fools rush in … or at least investors rush into the US housing market. Investors made up 17% of existing home purchases in October. Inventory of homes remains depressed and with investors picking up 17% of homes for sale, the median price of existing homes rose to 13.1% YoY. While existing home sales rose 0.8% MoM, … Read more
by confoundedinterest17 To quote Gomer Pyle USMC, “Surprise, surprise, surprise!” The humongous spending bill awaiting Joe Manchin to sign off on it will cost almost double what the CBO said it would. Why? Because spending programs in Washington DC never get cancelled, they only grow. The Committee For A Responsible Federal Budget estimates that the true … Read more
by Martin Armstrong Why do 20% of Millennials (25-40-year-olds) in the US believe homeownership is completely unobtainable? To start, rentals across the US are on the rise. The Fair Market Rents (FMRs) compile data every year to determine the cost of the 40th percentile gross rents for typical, non-substandard rental units. This means that the majority of rental properties … Read more
via financialsense: Big Picture Market Outlook US and global growth is slowing after a strong initial recovery. We have the fiscal cliff ahead of us as well as the Fed’s planned tapering of its QE purchases. Growth will likely slow well into the first half of 2022 and with it some moderation in inflation but not … Read more
https://www.youtube.com/watch?v=4fnFAiEqzLU The stock market is doing some really crazy things. Over the past 18 months, we have seen major swings in both directions. Now, it looks like we’re at the peak of the frenzy, which probably will be short-lived as interest rates start to rise in the coming weeks. If not else emerges to bursts … Read more
