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Three Philly Coffee Shops Forced To Close After Unionization Attempts Result In "Staggering" Costs
12.06.2024, 23:23 Uhr. ZeroHedge News - https: - Three Philly Coffee Shops Forced To Close After Unionization Attempts Result In "Staggering" Costs Turns out trying to extort the person paying your salary isn't the best way to go about making sure a business is successful. Take Philadelphia, for instance, where a chain of three OCF Coffee Houses are closing down "immediately" after its workers informed...
Blinken Says If Gaza Truce Deal Fails Only Hamas Is To Blame: "It's On Them"
12.06.2024, 21:07 Uhr. ZeroHedge News - https: - Blinken Says If Gaza Truce Deal Fails Only Hamas Is To Blame: "It's On Them" US Secretary of State Antony Blinken while in the Middle East has said that if the ceasefire deal which is currently being pushed hard by the White House doesn't go through then there will only be Hamas to blame. He said this week to Israeli Prime Minister Benjamin Netanyahu...
CPI Preview: "Optimism For A Low Print"
12.06.2024, 14:27 Uhr. ZeroHedge News - https: - CPI Preview: "Optimism For A Low Print" If May was a month that brought us that much closer to the Fed's "soft landing" soft landing, where jobs slumped and CPI came slightly below estimates (as we predicted), June has been a mirror image with last week's payrolls report coming in red hot (if one can claim that a 600K+ drop in full-time jobs is a red...
The ECB Policy Nightmare And Rate-Cut Mistake
12.06.2024, 12:30 Uhr. ZeroHedge News - https: - The ECB Policy Nightmare And Rate-Cut Mistake Authored by Daniel Lacalle, The ECB decided to cut rates by 25 basis points the same day it elevated its own inflation estimates for 2024 and 2025. You simply cannot make this up. If you wanted unmistakable proof of the lack of independence of central banks, this is it. The ECB only has one mandate, price...
China's Real Estate Crisis: A New Experiment In State Intervention
12.06.2024, 01:40 Uhr. ZeroHedge News - https: - China's Real Estate Crisis: A New Experiment In State Intervention Via SchiffGold.com, The real estate market is responsible for anywhere from 20% to over 30% of China’s GDP (depending on who you ask). And with the latest meltdown that began with the implosion of Evergrande, the situation just keeps getting worse, inspiring a slew of government...
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