Tesla Stock Soars Past $2,000 Ahead Of Stock Split

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By Charles Kennedy Shares in Tesla (NASDAQ: TSLA) jumped by more than 6 percent to close above $2,000 on Thursday and were up another 2% in pre-market trade on Friday, before the deadline for holders of Tesla stock to be eligible to get more shares under a five-for-one split announced earlier this month. Tesla’s stock … Read more

Is The Stock Market Now Too Big To Fail?

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Authored by Sven Henrich via NorthmanTrader.com, Reality Check This week the headlines declared the bear market over as the S&P 500 joined the Nasdaq to make new all time highs. A new bull market has begun so the celebratory narratives. It is true these indices have made new all time highs, but the actual market hasn’t. … Read more

Tulsa residents sue city leaders over mandatory mask mandate

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A group of business owners and doctors based in Tulsa, Oklahoma announced a lawsuit against the city’s mayor, city council and the head of its Health Department. The suit seeks the immediate repeal of mask mandates, which the plaintiffs said are harming the health of the city’s residents. OAN’s John Hines has more from Washington.

Russia Overtakes Saudi Arabia To Become Second Largest Oil Producer

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By Tsvetana Paraskova Russia produced more crude oil than Saudi Arabia in June, beating it to the second place of the largest oil producers in the world, behind the number-one producer, the United States, data from the Joint Organisations Data Initiative (JODI) showed. In June, Russia’s crude oil production was 8.788 million bpd, according to the data released … Read more

Is the CONGRESS postal system where members can BORROW $$$$ tied to the USPS?

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Postmaster General Anthony M. Frank came to Washington, D.C., in 1988 with a mandate to run the United States Postal Service like a business. That’s why the former California savings and loan executive was furious when he discovered that millions of postal dollars were being spent without his approval. What angered Frank was that Congress … Read more

The Chinese purchase more U.S. residential real estate than buyers from any other foreign country, but Trump’s trade war may change that

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Chinese investors have been the biggest purchasers of U.S. residential real estate for six consecutive years, but President Trump’s trade war, and China’s efforts to reduce its national debt and boost economic growth, could change that. China has become the largest foreign buyer of U.S. residential real estate In 2014, China supplanted Canada as the … Read more

On this day in 1998, Bill Clinton committed a major act of terrorism by ordering a cruise missile attack on Sudan’s Al Shifa factory, which produced 90% of the country’s pharmaceuticals…

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On this day in 1998, Bill Clinton committed a major act of terrorism by ordering a cruise missile attack on Sudan’s Al Shifa factory, which produced 90% of the country’s pharmaceuticals. The loss of the factory resulted in the deaths of tens of thousands from treatable diseases. pic.twitter.com/Unr0WCeOHG — American Values (@Americas_Crimes) August 20, 2020 … Read more

1 in 4 hotels can’t pay their mortgages… However US Housing demand explodes, demand is 25% above pre-pandemic levels (unlike anything ever seen before)

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New York (CNN Business)In a desperate plea for help, the hotel industry said it faces a default disaster, in which 25% of hotels are at risk of foreclosure. The report, sent to Congress this week and compiled by Trepp, shows that the percentage of hotel loans 30 or more days delinquent is 23.4% as of … Read more