Tranheuser-Busch — oh, sorry, that’s Anheuser-Busch — is panicking. Sales of Bud Light have been in the gutter ever since it presented the ubiquitous fingernails-on-chalkboard fake woman Dylan Mulvaney as the new face of the brand, and there is no sign that …
So ofcourse with that said I do not think this will hold over as it did during the 1st recession back in the 1930s.There are alot of projects on the back log waiting for initiation. Financial Agricultural Social Environmental Humanitarian …
Moody’s cuts outlook on U.S. banking system to negative, citing ‘rapidly deteriorating operating environment’ In a harsh blow to an already-reeling sector, Moody’s Investors Service cut its view on the entire banking system to negative from stable. The firm, part …
The fallout from the run on the Silicon Valley Bank in California went international overnight, with British and European Union lenders seeing nearly £30 billion wiped off their portfolios and the Bank of England stepping in to take over the …
(Bloomberg) — Investors are losing faith in Brazil’s corporate borrowers in the aftermath of Americanas SA’s implosion, defying reassurances that the century-old retailer’s collapse was a one-off with no broader implications. Instead, in just the few weeks since the default, …
Housing Slides Into Recession, Falls 6% in July Sales of previously owned homes fell nearly 6% in July compared with June, according to a monthly report from the National Association of Realtors. Sales dropped about 20% from the same month …
A bill is working its way through the Russian Duma that would allow Moscow to seize Western companies that threaten to leave Russia. Most Western companies have already left, but the few that remain now face severe pressure to leave …
President Joe “Big Guy” Biden has lawyered up in anticipation of a Republican takeover of Congress after the 2022 midterms, according to the New York Times. Biden has hired Richard Sauber, currently the chief legal officer of the Department of …
Shoppers Scramble for Staples as the Food Fallout From the War in Ukraine Spreads Around the World The shockwaves in global crop markets from Russia’s invasion of Ukraine are now spreading to store shelves. Worries about surging sunflower oil …
(Bloomberg) — JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said disconnecting Russian banks from the SWIFT messaging system may bring “unintended consequences” that include third parties finding ways around the penalty. “What countries do you hurt? What people …
by Jason Burack of Wall St For Main St There are a lot of reasons why people in China would want to buy more physical gold. Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes …
by Jason Burack of Wall St For Main St Evergrande is just a microcosm of China’s real estate bubble and shadow banking problems. Chinese shadow banking refers to underground financial activity that takes place outside of traditional banking regulations and systems. China has …
The mass resignation of 50 police officers from the Portland Rapid Response Team following the indictment of one of its members on 4th-degree assault charges has shaken the city’s public safety membership to its core. Mayor Ted Wheeler, who many RRT officers …
We are looking at a time in which real estate makes absolutely no sense. Prices are so insanely high and government are scrambling to support the prices by keeping interest rates absurdly low and offering incentives and giving loans to …
via france24: Much of Venezuela plunged into darkness Thursday evening, creating chaos as people struggled to navigate their way home amid what appeared to be one of the biggest blackouts yet in a country where power failures have become common. Commuters …
Real estate euphoria is a HUGE problem. How many people do you know that are WAY over their heads with debt. It’s extreme because of the leverage used. If you go to the casino and gamble $5000 and lose it, …
via nymag: If you were standing in the smoldering ashes of 9/11 trying to peer into the future, you might have been overjoyed to discover this happy snapshot of 2018: There has been no subsequent major terrorist attack on America from …
A North Korean nuclear site in the country’s north has collapsed, threatening an “unprecedented risk” of radioactive fallout including in neighbouring China, the South China Morning Post (SCMP) newspaper reported. The Hong Kong-based publication said on Wednesday that the collapse …
Social media stars Diamond and Silk sound off about being deemed ‘unsafe.’
https://www.youtube.com/watch?v=_Ql9z6LD_eU This weekend, UK Foreign Secretary Boris Johnson, writing in Rupert Murdoch’s Sunday Times, labelled British opposition leader Jeremy Corbyn “the Kremlin’s useful idiot.” READ MORE: https://on.rt.com/92tt