Alarm Signals in Bank Reports

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by bitkogan I continue to discuss banks, as nearly all the reports presented today have (surprisingly!) exceeded expectations. Here’s a brief overview of the numbers and what I’m paying attention to: 1️⃣ Bank of America (BAC) — Revenue reached $26.3 billion, surpassing the forecast of $25.25 billion. — Earnings per share (EPS) were $0.97, higher than … Read more

$10 billion in CA taxpayer funds have gone to the issue in just three years — over 55% of the nation’s homeless now reside in California.

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California's approach to homelessness is making the issue worse, says @MayorBillWells. $10 billion in CA taxpayer funds have gone to the issue in just three years — over 55% of the nation's homeless now reside in California. More info: https://t.co/dHMmjKqlmY pic.twitter.com/gs49eNXyti — KUSI News (@KUSINews) April 15, 2023

Reddit founder wants to charge Big Tech for scraped data used to train AIs: report

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Online community network Reddit wants to start getting paid by large artificial-intelligence companies that scrape data off its message boards to help train AI products. In an interview with the New York Times, Reddit founder and Chief Executive Steve Huffman said that the “Reddit corpus of data is really valuable. But we don’t need to … Read more

China Bans Companies from Doing Business with Raytheon and Lockheed-Martin

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CHINA'S COMMERCE MIN: HAS BANNED SENIOR EXECS OF RAYTHEON MISSILES & DEFENSE AND LOCKHEED MARTIN FROM ENTERING, WORKING, STAYING AND RESIDING IN CHINA SINCE FEB 16 CHINA'S COMMERCE MIN: BANS CHINESE ENTERPRISES FROM CONDUCTING IMPORT & EXPORT ACTIVITIES WITH ABOVE U.S. COMPANIES — *Walter Bloomberg (@DeItaone) April 18, 2023 CHINA’S COMMERCE MIN: HAS BANNED SENIOR … Read more

DailyMail: “Hate the smell of BO? Xenophobic: Study finds people sensitive to disgusting smells more likely negative towards migrants”

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View post on imgur.com Bizarre new research claims that people with a sensitive nose for disgusting smells are more likely to be xenophobic. In a study across nine countries, scientists have linked a repulsion to sweat, bad breath and smelly feet with heightened disliking for refugees. Steering clear of stenches is a natural mechanism that … Read more

The Censorship Industrial Complex

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We’ve seen how it’s been going. Over the last several months, my colleagues and I have documented the existence of a Censorship Industrial Complex. We can't do this work alone. If you work for one of the government or non-government entities "fighting" "misinfo," "disinfo," or "hate" online, please contact us pic.twitter.com/E4D5tx2Gay — Michael Shellenberger (@shellenberger) … Read more

Disneyland launches its first-ever Pride Nite’

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According to the Daily Mail, Disneyland unveiled an LGBT-friendly ‘Pride Nite’ event in June after Florida Governor Ron DeSantis escalated his battle against the progressive entertainment giant. The $119-a-ticket party was announced on Twitter Monday afternoon, just moments after a press conference in which DeSantis threatened to build a state prison next to Walt Disney World … Read more

Chase Sapphire Preferred 80,000 Points Signup Bonus via Referral

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by JC1812 Spend $4,000 within 3 months for 80,000 points. Person referring gets 15,000 points. In branch is, Spend $4,000 within 3 months for 80,000 and additional $2,000 within 6 months for 10,000 for a total of 90,000. Source: https://www.doctorofcredit.com/chase-sapphire-preferred-80000-points-signup-bonus-via-referral-link/ Also, don’t post your referral here. Go on rankt or ask your friends/family for a referral

Ben Shapiro: “The Real Interracial Crime Problem Isn’t White On Black, It’s Black On White”

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The vast majority of racial crime in the United States is intra-racial. But when it does come to interracial homicide, for example, the chances that a white person killed was killed by a black person are far higher than that a black person killed was killed by a white person. pic.twitter.com/SFIuzq0LPw — Ben Shapiro (@benshapiro) … Read more

Biden’s Economy: David’s Bridal Files for Chapter 11 Just Days After Announcing 9,000 Layoffs

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Citing soft retail sales and other ills, national bridal retailer David’s Bridal filed for reorganization under Chapter 11 of the federal bankruptcy laws on Monday. The blow fell days after the chain announced it would lay off more than 9,000 workers over the next few months, according to CBS. The company filed for Chapter 11 reorganization in November 2018 seeking … Read more

‘There’s no reason to wait’: Sell US stocks now before the S&P 500 tanks by over 20%, strategist says

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“This is a golden opportunity to use this bear market rally to de-risk in advance of potentially very painful losses over the next six, nine, 12 months,” Troy Gayeski said. Thanks, Troy. And on the same worthless, er, insightful Business Insider Page… https://markets.businessinsider.com/news/stocks/stock-market-sell-in-may-and-go-away-summer-rally-2023-4?_gl=1*14fzuy*_ga*MTU1NTc1MTE4Mi4xNjc5NTIyNjk2*_ga_E21CV80ZCZ*MTY4MTg0NzY2Mi4yLjEuMTY4MTg0NzcwNS4xNy4wLjA. “Investors that follow the old Wall Street adage “sell in May and … Read more

“Plan to sell” is code for likely happening already and other countries may follow suit

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by BoatSurfer600 A Japanese insurer with $65 billion of assets plans to offload all its currency-hedged foreign debt holdings, foreshadowing what may become a renewed wave of selling by some of the biggest investors in global bond markets. Fukoku Mutual Life Insurance Co. is among the first of Japan’s life insurers to lay out investment … Read more