The FCC issued the largest fine of $225M in its history to Texas-based telemarketers for transmitting approximately 1 billion robocalls many of them illegally spoofed, to sell short-term, limited-duration health insurance plans, VOA News bureau chief posted on Twitter. FCC’s …
Folks this weather system is not playing. If you are in Oklahoma, Louisiana, Mississippi or Alabama you need to pay attention to the weather. All hell is breaking loose at the moment. Tuscaloosa, AL has a large wedge tornado on …
(Bloomberg) — Dalian Wanda Group Co., the conglomerate founded by Chinese billionaire Wang Jianlin, has given up its majority control over AMC Entertainment Holdings Inc. after the world’s largest cinema chain reported a record loss of $4.6 billion for 2020 …
At least another hundred people connected to the January 6 storming of the US Capitol are expected to be charged with a variety of crimes, according to prosecutors. “The investigation continues and the government expects that at least one hundred …
https://www.youtube.com/watch?v=bysmFXVsd-I WHAT ARE THEY GETTING READY FOR?!?! On the evening of Wed. Apr. 24th, 2019, a widespread power outage lasting more than 12 hours affected Fort Bragg, North Carolina, and closed numerous facilities the following day. According to the ArmyTimes, …
Biden entry makes 20 Democrats in 2020: The largest presidential field in history With former Vice President Joe Biden set to enter the 2020 fray on Thursday, the Democratic field contesting the right to challenge President Trump for the White House next …
Fort Bragg in North Carolina says the Army base had a “blackout” for more than 12 hours overnight Wednesday as part of a cyber-attack military exercise that came as a complete surprise to its tens of thousands of residents. The …
by howmuch Owning a home is one of the biggest financial milestones. Data from the U.S. Census Bureau indicates that the homeownership rate nationwide is 64.8%, slowly reversing a downward trend that started in 2004. Despite these recent gains, homeownership is still …
The evidence continues to pile up. Investors have been selling US equities. This is going at a record pace. They’re selling US debt. Economic indicators are pointing to a slowdown on most fronts. Yet the stock market is rising. Something …
WoW 😮China basically threw about 9% of GDP of total social financing at the economy in Q1 2019 😮 TSF rose 1690 in March after a massive Jan+Feb = ~9% of GDP injection in Q21 2019;M2 rose to 8.6% YoY …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter In some cities, you get what is considered a walk-in closet of a McMansion. It’s not totally fair to compare rents in Tulsa with rents in San Francisco because household incomes are different as well. One …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter How the Brick & Mortar Meltdown works for Commercial Mortgage-Backed Securities after America’s largest mall landlord defaults on a mortgage and walks away from the mall. The dust has settled and the numbers have emerged: A …
via upfina: The MBA mortgage applications index in the week of March 29th was very strong mostly because of the growth in refinancing due to the drop in interest rates. The composite index increased 18.6% on top 8.9% growth in the prior …
ALLEN, Texas — It was a massive raid in an All-American town. A tip led to the biggest ICE raid in a decade, and it happened here in North Texas. Immigration and Customs officials put 280 people on buses outside …
Largest monthly inflow to S&P 500 growth ETF ever! Previous inflow extremes also preceded significant market selloffs. Record bullishness at near record valuations can never a good sign. Credits to @jessefelder pic.twitter.com/fSpEIEVr20 — Otavio (Tavi) Costa (@TaviCosta) April 1, 2019 …
The Dragon in the Game Room. By Adam H. Williams, Senior Associate at E911-LBS, LBSglobe.com, for WOLF STREET: The opening of mainland China’s video game market to the world, combined with the rapid adoption of smartphones in China, has helped drive the extraordinary …
By Cyril Widdershoven The long awaited Saudi Aramco acquisition of Saudi Basic Industries Corporation (SABIC) is finally here. With a statement to the press, Aramco CEO Amin Nasser reported that Aramco has acquired a 70 percent stake in SABIC, with …
recession comes when Fed cuts pic.twitter.com/8AqgEFX2pZ — Alastair (@StockBoardAsset) March 27, 2019 Ok if my earlier tweet on $HYG didn’t WAKE YOU UP… “Almost 117k contracts net short by commercials, i.e ~2b notional short exposure.” $VIX Largest inflow to $UVXY …
By Irina Slav Sinopec reported a 76-percent drop in its latest quarterly profit for October-December 2018, which is the lowest since at least the third quarter of 2016, Reuters reports, citing the company. However, the bad news was not a result …
LOS ANGELES (KABC) — Problems at refineries have caused gas prices to rise over 4 cents a gallon in Los Angeles County, the largest daily price hike in three years. The average price of a gallon of self-serve regular gasoline …
A large storm system is finally making its way to New York City, and forecasters are telling folks here to expect 6-9″of snow in northern New Jersey and NYC. If accurate, that will be the largest snow storm to hit …
Is there anything happening in the global economy that we should be concerned of? Or just a couple bumps in the road? Things aren’t looking good in the shipping industry. Even the world’s biggest shipping link has cautioned preparation for …
via yahoo: Deutsche Bank AG’s DB largest shareholder, HNA Group Co., has again reduced its interest in the German lender to 6.3% from 7.64%, per a filing with the SEC. The Chinese conglomerate at one point held nearly 10% stake in …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Brick-and-Mortar Meltdown for its new shareholders: All of them PE Firms. By store count, this is likely the largest retailer liquidation in the US: Payless ShoeSource is planning to file for bankruptcy again later in this …
By Irina Slav The Safaniyah oil field in Saudi Arabia—the world’s largest—is producing at a reduced capacity after a ship’s anchor cut a main power cable, Reuters reports citing a knowledgeable source. An earlier report from MarketWatch quoted information from Energy Intelligence suggesting production …
Border Patrol seizes enough fentanyl to kill 57 million people U.S. Customs and Border Patrol seized enough fentanyl to kill over 50 million people from a truck that was trying to cross the southern border into the United States, according …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “I prefer not to scare you at this point, okay. But it’s something that we’ve been able to withstand”: CEO David Simon. Mall-landlord Simon Property Group – as it says, the largest real estate investment trust …
by Mac Slavo of SHTFplan The debt crisis in the United States of America has reached apocalyptic proportions. A new and horrifying report out details the reason why 63 of America’s largest cities are completely broke: debt and overspending. According to a recent analysis …
It’s a short clip from Tucker Carlson’s show can’t find any text about it yet. Press conference is tomorrow… 114kg Fentanyl 1kg Fentanyl pills 179kg Methamphetamine It was reportedly a trusted driver part of the DHS program… Watch the latest …
