If a deal is not struck, Monday markets would be rocked by a global banking crisis. FT:Switzerland prepares emergency measures to deliver UBS takeover of Credit Suisse Bloomberg: Credit Suisse Investment Bank Said a Key Sticking Point in Talks UBS …
via CNN: The fate of Credit Suisse could be decided in the next 36 hours after a torrid week for Switzerland’s second biggest bank. Investors and customers pulled their money out of Credit Suisse over the past several days as …
https://www.youtube.com/watch?v=mu-1T03u31c McCarthy says he’s going to crackdown on political prosecutions. AC
Melted plastic has become intertwined with rocks on the island, located 1,140 km (708 miles) from the southeastern state of Espirito Santo, which researchers say is evidence of humans’ growing influence over the earth’s geological cycles. “This is new and …
Guest post from Jim Quinn at the Burning Platform: “We’ve got strong financial institutions…Our markets are the envy of the world. They’re resilient, they’re…innovative, they’re flexible. I think we move very quickly to address situations in this country, and, …
by confoundedinterest17 Strange days, indeed. Despite endless promises from Washington DC that there would never be another bank bailout, the Biden Administration bailed out Silicon Valley Bank (SVB) by removing the $250,000 cap on deposit insurance. Then Treasury Secretary Janet Yellen …
Comedic gold! You know we are in trouble when a comedian has to tell people this. h/t HAWK-03
via YAHOO: The Federal Reserve said Wednesday it will launch its long-awaited instant payment service FedNow in July. The instant payment network will settle payments in seconds, with the capability to support consumer-to-consumer, consumer-to-merchant, merchant-to-merchant, and bank-to-bank transactions. “With the …
…”The bills would phase out petroleum-based diesel fuel, levy sweeping new taxes on tires and off-road agriculture equipment, and place a moratorium on new and existing dairy and poultry farms, the majority of which are family owned and operated. The farm …
MyPillow CEO Mike Lindell told Insider he had to borrow $10 million in 2022 to keep MyPillow afloat. Lindell said he’d also sold a building for $2 million and borrowed a further $2 million for himself. Lindell says he’s burning …
Marjorie Taylor Greene: “We know that President Trump is innocent. People are not stupid.” pic.twitter.com/CZZqYkOLdv — PatriotTakes 🇺🇸 (@patriottakes) March 18, 2023
Robert Munro, 37, hurt his back in December while on the job, delivering furniture. He filed a WorkSafeBC claim and ended up in physiotherapy. But while reviewing his WorkSafeBC file, he came across comments referring to him as a “redneck …
Guest post from John Rubino, you can find him at his Substack: Watching almost any U.S. policymaker try to explain what they’re doing these days is a surreal experience. Whether it’s foreign policy — especially our multi-front plan to start …
UPDATE: Youtube just demonetized an objective and fact-based interview between three human beings with 1st amendment rights over a scientifically-conducted public opinion poll. Thanks to @elonmusk for the continued 1st amendment protection.@KariLake https://t.co/WwJv299fTI — Rasmussen Reports (@Rasmussen_Poll) March 18, 2023 …
h/t Jim Lakely (Heartland): The British government has caved in to the reality that renewables don’t work, and will now include nuclear energy in its plan to transition to “sustainable” power. UK ‘to class nuclear as environmentally sustainable’ 15 March 2023 The …
by hkboy3 I’m sure many of you know the Fed’s balance sheet increased by 300 billion last week. At the same time we have a sharp drop in treasury yields. This is a pretty good indication the Fed bought bonds …
Live version allows you to hover over the nodes to see the names of the banks which are too small to have labels. Colour represents the year. Online Editor (Inflation Adjusted) Sources: https://www.fdic.gov/ https://www.rateinflation.com/consumer-price-index/usa-historical-cpi/ h/t dbacciPBI
https://twitter.com/Smurfs34Stephen/status/1636939928939687937
GPT is the acronym for Generative Pre-trained Transformer. GPT is a large language model and artificial neural network that can generate human-like poems, rap songs, tutorials, articles, research papers, and code websites. GPT-4 is bigger and better OpenAI touts GPT-4 …
North Korea claims that about 800,000 of its citizens volunteered to join or reenlist in the nation’s military to fight against the United States, North Korea’s state newspaper reported on Saturday. About 800,000 students and workers, on Friday alone, across …
ESA/A.Gerst, CC BY-SA 3.0 IGO via Flickr From Peter Reagan at Birch Gold Group Today, March 16th, is the 15th anniversary of the first bank failure of the Global Financial Crisis. If you were paying attention to financial markets back then, you …
Hold up while I grab my popcorn. pic.twitter.com/toXI5wD0Fm — Stew Peters (@realstewpeters) March 18, 2023
via commentary: In 2014, after the fatal police shooting of Michael Brown in Ferguson, Missouri, the #staywoke hashtag became a digital rallying cry around Black Lives Matter activism. Then, in the Trump years, progressives freed the slogan from its BLM context …
via CNBC: Treasury Secretary Janet Yellen told senators that government refunds of uninsured deposits will not be extended to every bank that fails, only those that pose systemic risk to the financial system. Yellen has been at the center of …
via fortune: The tweets started on Jan. 18, the day before SVB reported earnings, when Martin’s account posted a prescient thread that began: “Investors have rightfully been fixated on $SIVB’s large exposure to the stressed venture world, with the stock down …
via campusreform: Walking near Temple University, I noticed a flyer advocating for “socialism in our lifetime.” The message from an outside group reads in full, “Socialist Revolution: Join the fight for socialism in our lifetime.” Having grown up in Soviet-era Ukraine …
🚨#BREAKING: Over 400,000 gallons of radioactive water has leaked from a nuclear plant 📌#Monticello | #Minnesota⁰The Minnesota Department of Health and other state agencies are currently monitoring the Xcel Energy Monticello Nuclear plant after over 400,000 gallons of water… pic.twitter.com/ZCeyH37plz …
It’s really a dark place, just around Portland. The rest of the state is pretty sane… Record numbers of people ended their lives in Oregon last year in America’s most advanced doctor-assisted suicide program, which now lets out-of-state ‘death tourists’ …