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Moody's Warns Bridge Collapse Is "Credit Negative" For Baltimore As Economic Shock Emerges
28.03.2024, 23:40 Uhr. ZeroHedge News - https: - Moody's Warns Bridge Collapse Is "Credit Negative" For Baltimore As Economic Shock Emerges Instead of the woke Baltimore Mayor Brandon Scott utilizing his precious time by going on corporate media's leftists Joy Reid's MSNBC show and asserting that white conservatives "should be afraid" of the consequences of calling him the 'DEI Mayor,' perhaps the...
Bahrain Opposition Activist Arrested For Criticizing McLaren Ownership
28.03.2024, 23:20 Uhr. ZeroHedge News - https: - Bahrain Opposition Activist Arrested For Criticizing McLaren Ownership Via Middle East Eye A leading opposition activist has been arrested and detained in Bahrain for criticizing on social media the island kingdom’s ownership of the sportscar brand, McLaren. Ebrahim Sharif was arrested by Bahraini authorities on Monday morning over social media...
DeSantis Signs Property Rights Bill In Florida That Ends "Squatting Scam"
28.03.2024, 22:40 Uhr. ZeroHedge News - https: - DeSantis Signs Property Rights Bill In Florida That Ends "Squatting Scam" Authored by Debra Heine via American Greatness, Florida Governor Ron DeSantis signed legislation into law Wednesday that ends squatters’ rights in the Sunshine State, stating that “squatting” is a scam that violates private property rights. After alarming stories about...
NYC Delinquent Property Taxes Approach $1 Billion After Expiration of Tax-Lien Punishment
28.03.2024, 22:23 Uhr. ZeroHedge News - https: - NYC Delinquent Property Taxes Approach $1 Billion After Expiration of Tax-Lien Punishment While New York City embarks on a program to hand out some $53 million in prepaid debit cards to illegals, the city has estimated that overdue property taxes are set to reach their highest level ever, jumping 30% to over $880 million at the end of the fiscal year...
Trump Overtakes Soros' Net Worth
28.03.2024, 21:40 Uhr. ZeroHedge News - https: - Trump Overtakes Soros' Net Worth Former President Donald Trump's net worth topped $6.4 billion on Monday following the completion of a 29-month-long SPAC deal for his social media company, Trump Media & Technology Group (now trading under symbol $DJT). According to Bloomberg's index of the world's richest people, Trump is in 328th place, with a net...
You Can't Fool All Of The People All Of The Time About Immigration
28.03.2024, 21:20 Uhr. ZeroHedge News - https: - You Can't Fool All Of The People All Of The Time About Immigration Authored by Simon Hankinson via The Epoch Times, There’s an old saying attributed to Abraham Lincoln: “You can fool all of the people some of the time and some of the people all of the time. But you can’t fool all of the people all of the time.” Three years into his presidency...
Philadelphia Fed Admits US Payrolls Overstated By At Least 800,000
28.03.2024, 20:46 Uhr. ZeroHedge News - https: - Philadelphia Fed Admits US Payrolls Overstated By At Least 800,000 The first red flags emerged in the summer of 2022: that's when the Biden Labor Department started well and truly rigging the labor market data. Regular readers may recall that it was back in July of 2022, when we first warned them that something had snapped in the labor market: that's...
Disney Faces Accusations Of Misleading Shareholders With Left-Wing Agenda
28.03.2024, 20:25 Uhr. ZeroHedge News - https: - Disney Faces Accusations Of Misleading Shareholders With Left-Wing Agenda Authored by Eric Lundrum via American Greatness, The Walt Disney Company is facing backlash after critics say it has misled its shareholders by prioritizing a “woke political and social agenda” over profits, thus violating its fiduciary duty. As Fox News reports, a letter...
Appeals Court Extends Block On Texas Arrests Of Illegal Immigrants
28.03.2024, 19:45 Uhr. ZeroHedge News - https: - Appeals Court Extends Block On Texas Arrests Of Illegal Immigrants Authored by Chase Smith via The Epoch Times (emphasis ours), A divided appeals court has upheld a preliminary injunction against the State of Texas, continuing to stall the enforcement of Senate Bill 4 (S.B. 4), a state law targeting illegal immigration that allows the state to arrest...
Baltimore Union Warns Of Job Loss Tsunami After Bridge Collapse Paralyzes Port
28.03.2024, 19:26 Uhr. ZeroHedge News - https: - Baltimore Union Warns Of Job Loss Tsunami After Bridge Collapse Paralyzes Port The lengthy disruption at the Port of Baltimore, one of the busiest ports on the US East Coasts, will unleash supply chain snarls and resulting financial pressures for the local economy of Baltimore, Maryland, as it's only a matter of time before companies with direct and...
Over 20% Of The World's Oil Refining Capacity Is At Risk Of Closure
28.03.2024, 19:13 Uhr. ZeroHedge News - https: - Over 20% Of The World's Oil Refining Capacity Is At Risk Of Closure Authored by Charles Kennedy via OilPrice.com, Weakening refining margins and carbon taxes put a fifth of global refining capacity at risk. Europe and China face the highest closure risk due to declining demand and environmental regulations. The rise of electric vehicles and biofuels...
Demand For BlackRock's BUIDL Means Over $1BN In US Treasuries Have Now Been Tokenized On-Chain
28.03.2024, 18:50 Uhr. ZeroHedge News - https: - Demand For BlackRock's BUIDL Means Over $1BN In US Treasuries Have Now Been Tokenized On-Chain More than $1 billion worth of United States Treasuries now exist across Ethereum, Polygon, Solana, and other blockchains. The new milestone was reached shortly after the launch of BlackRock's first tokenized asset fund - BUIDL, which joined 16 other tokenized...
"We Don't Want Your Nice, Cheap Stuff, Thanks"
28.03.2024, 18:30 Uhr. ZeroHedge News - https: - "We Don't Want Your Nice, Cheap Stuff, Thanks" By Michael Every of Rabobank Thinking you can successfully forecast what markets will do is a fool’s game. However, some recent financial market headlines were easy to forecast years ago. Markets didn’t, and are still failing to join the dots between said headlines and what they imply for asset prices...
Russian Warships Enter Red Sea As Rival US-Led Coalition Patrols
28.03.2024, 18:11 Uhr. ZeroHedge News - https: - Russian Warships Enter Red Sea As Rival US-Led Coalition Patrols The Russian navy’s Pacific Fleet has confirmed that it sent several of its warships through the Bab al-Mandab Strait and into the Red Sea, at a moment Houthi attacks against international shipping is ongoing, and as the waters are still being patrolled by the US-led military coalition...
Gold: The Everything Hedge
28.03.2024, 17:11 Uhr. ZeroHedge News - https: - Gold: The Everything Hedge Authored by James Rickards via DailyReckoning.com, Gold is trading at $2,211 per ounce this afternoon. Since its interim low of $1,832 per ounce on Oct. 5, 2023, gold has posted a 21% gain. That’s in less than six months. Almost half of that gain occurred in the one-month period from Feb. 11 to March 11. That overall gain...
Renting Now Cheaper Than Owning In All Of America's Largest Metros
28.03.2024, 16:56 Uhr. ZeroHedge News - https: - Renting Now Cheaper Than Owning In All Of America's Largest Metros A combination of higher mortgage rates and sky-high housing prices has made it cheaper to rent than to own a home in all of America's largest metropolitan areas, according to a new report by Realtor.com. The report, which tracks the top 50 metro areas in the US, found that while it was...
Carnival Cruise Warns Of Profit Hit From Frozen Baltimore Port After Bridge Collapse
28.03.2024, 16:10 Uhr. ZeroHedge News - https: - Carnival Cruise Warns Of Profit Hit From Frozen Baltimore Port After Bridge Collapse The fallout from the bridge collapse in the Port of Baltimore is hitting a wide range of companies, from those that export coal to those that import automobiles, tractors, and cheap Chinese goods that are eventually sold on Amazon. The latest troubles come from the...
Experts Warn Mass Migration Threatens US Food Security
28.03.2024, 15:50 Uhr. ZeroHedge News - https: - Experts Warn Mass Migration Threatens US Food Security Authored by Darlene McCormick Sanchez via The Epoch Times (emphasis ours), Mass migration exposes the United States’ food supply to diseases and parasites that could ultimately affect national security, animal health experts told The Epoch Times. (Illustration by The Epoch Times, Getty Images...
Stars Are Aligning For An Energy Sector Catch-Up
28.03.2024, 15:23 Uhr. ZeroHedge News - https: - Stars Are Aligning For An Energy Sector Catch-Up By Michael Msika, Bloomberg Markets Live reporter and strategist For investors worried about frothy stock valuations, recently out-of-favor European energy stocks might be the answer. After five months of losses, the sector is up more than 6% in March and it’s heading for the best month since late...
Pending Home Sales Hover Near Record Lows In February
28.03.2024, 15:07 Uhr. ZeroHedge News - https: - Pending Home Sales Hover Near Record Lows In February After puking in January, pending home sales were expected to rebound modestly (+1.5% MoM) in February and it did (+1.6% MoM) with a small upward revision for Jan (from -4.9% to -4.7% MoM). However, this still left sales down 2.2% YoY... Source: Bloomberg That leaves pending home sales hovering just...
Fisker Slashes Price Of Its Only Model By 39% In Last-Ditch Bid To Stay Solvent
28.03.2024, 14:39 Uhr. ZeroHedge News - https: - Fisker Slashes Price Of Its Only Model By 39% In Last-Ditch Bid To Stay Solvent Electric carmaker Fisker is doing everything it can to try and not wind up roadkill on the EV highway amidst industry-wide price cutting and worldwide saturation in competition. This week Fisker, which is rumored to be on the verge of considering bankruptcy and has seen...
FInal Q4 2023 GDP Revision Comes In Red Hot 3.4%, Beating Estimates
28.03.2024, 14:05 Uhr. ZeroHedge News - https: - FInal Q4 2023 GDP Revision Comes In Red Hot 3.4%, Beating Estimates It's ancient history by now, but moments ago the Biden Bureau of Economic Goalseeking Analysis reported that in its third estimate of Q4 GDP, the US was estimated to have grown by 3.4% (3.440% to be precise), above the 3.2% reported last month and above the 3.2% estimate. The increase...
Facebook Secretly Wiretapped Competitors: Documents
28.03.2024, 14:00 Uhr. ZeroHedge News - https: - Facebook Secretly Wiretapped Competitors: Documents Authored by Zachary Stieber via The Epoch Times (emphasis ours), Facebook secretly obtained proprietary data from competitors, including Snapchat, according to newly unsealed court documents. At the request of CEO Mark Zuckerberg, Facebook officials developed a program called In-App Action Panel (IAAP)...
Jobless Claims Continue To Hover (Miraculously) Near Record Lows
28.03.2024, 13:42 Uhr. ZeroHedge News - https: - Jobless Claims Continue To Hover (Miraculously) Near Record Lows Layoff announcements continue day after day and WARNs are on the rise, but initial jobless claims continues to trend along in very smooth manner (too smooth)... Source: Bloomberg NSA initial claims dipped notably last week... Source: Bloomberg And continuing claims have been flat around...
Stocks Set To Close Blowout Week, Month And Quarter At All-Time High; Gold Soars To Record
28.03.2024, 13:24 Uhr. ZeroHedge News - https: - Stocks Set To Close Blowout Week, Month And Quarter At All-Time High; Gold Soars To Record Stock futures are pointing to a flat open on the last trading session of the week, month, and quarter, following a late-session spike that took the S&P 500 to yet another record as the much anticipated quarter-end pension dump (as big as $32BN according to Goldman...
FTX Founder Sam Bankman-Fried To Be Sentenced For Fraud Today
28.03.2024, 13:16 Uhr. ZeroHedge News - https: - FTX Founder Sam Bankman-Fried To Be Sentenced For Fraud Today Authored by Michael Washburn via The Epoch Times, The long-running legal saga of Sam Bankman-Fried will come to an end on March 28 when Judge Lewis Kaplan announces the sentence of the FTX founder during a 9:30 a.m. hearing at the U.S. Courthouse in Lower Manhattan. In November 2023, jurors...
Leaked Document Reveals Amazon To Dump Office Space, In Cost-Cutting Move Amid CRE Tower Crisis
28.03.2024, 12:45 Uhr. ZeroHedge News - https: - Leaked Document Reveals Amazon To Dump Office Space, In Cost-Cutting Move Amid CRE Tower Crisis Readers are well aware that the office segment of the commercial real estate sector has been in turmoil for the past year with soaring vacancy rates, a record amount of available sublease space, and rising defaults. Cost-cutting strategies by major corporations...
Bad Is Good
28.03.2024, 12:20 Uhr. ZeroHedge News - https: - Bad Is Good Via PraCap.com, Everyone thinks of inflation as being purely a financial phenomenon. However, it is much more than that. It is also a social phenomenon. As the inflation accelerates, an opportunist class rises to the top of society, and the productive class is impoverished. Inflation re-orients all economic activities, encouraging speculation...
The Declining Value Of The US Federal Minimum Wage
28.03.2024, 11:55 Uhr. ZeroHedge News - https: - The Declining Value Of The US Federal Minimum Wage This graphic illustrates the history of the U.S. federal minimum wage using data compiled by Statista, in both nominal and real (inflation-adjusted) terms. The federal minimum wage was raised to $7.25 per hour in July 2009, where it has remained ever since. Nominal vs. Real Value The data Visual...
Baltimore Bridge Collapse May Cost Billions, Dramatically Disrupt Supply Chains
28.03.2024, 11:30 Uhr. ZeroHedge News - https: - Baltimore Bridge Collapse May Cost Billions, Dramatically Disrupt Supply Chains By Noi Mahoney of FreightWaves The collapse of Maryland’s Francis Scott Key Bridge Tuesday after it was struck by a cargo ship continues to block access to the Port of Baltimore and could disrupt shipping flows across the U.S. The Singapore-flagged MV Dali container ship...
Expect A Financial Crisis In Europe With France At The Epicenter
28.03.2024, 10:00 Uhr. ZeroHedge News - https: - Expect A Financial Crisis In Europe With France At The Epicenter Authored by Mike Shedlock via MishTalk.com, The EU never enforced its Growth and Stability Pact or Maastricht Treaty rules. The crisis is coming to a head with France and Italy in the spotlight. The first casualty will be Green policy. Image composite by Mish from the European Commission...
Visualizing The Massively Varied Cost Of An EpiPen Across Major Markets
28.03.2024, 09:15 Uhr. ZeroHedge News - https: - Visualizing The Massively Varied Cost Of An EpiPen Across Major Markets EpiPens are auto-injectors containing epinephrine, a drug that can treat or reverse severe allergic reactions, potentially preventing death. The global epinephrine market was valued at $1.75 billion in 2022 and is projected to reach $4.08 billion by 2030. North America represents...
Secret Docs Reveal Germany's Public Health Agency Warned Lockdowns Cause More Harm Than Good
28.03.2024, 08:30 Uhr. ZeroHedge News - https: - Secret Docs Reveal Germany's Public Health Agency Warned Lockdowns Cause More Harm Than Good Authored by John Cody via ReMix News, Following a long legal battle, Germany’s public health agency, the Robert Koch Institute (RKI), has released the confidential protocols that show the RKI was aware that “lockdowns cause more harm than good” and evidence...
Germany's Murder Of Europe
28.03.2024, 07:01 Uhr. ZeroHedge News - https: - Germany's Murder Of Europe Authored by Drieu Godefrei via The Gatestone Institute, In a preparatory impact report, a copy of which has been obtained by the Financial Times before official release, the European Commission estimates that to achieve the target of reducing greenhouse gas emissions by 90% by 2040 then 100% in 2050 — the main objective...
Rule By Criminals: When Dissidents Become Enemies Of The State
28.03.2024, 04:41 Uhr. ZeroHedge News - https: - Rule By Criminals: When Dissidents Become Enemies Of The State Authored by John & Nisha Whitehead via The Rutherford Institute, “In these days of worldwide confusion, there is a dire need for men and women who will courageously do battle for truth.” - Martin Luther King Jr. When exposing a crime is treated as committing a crime, you are being...
The Evolving Battlefield: How AI And Drones Redefine Modern Warfare
28.03.2024, 04:00 Uhr. ZeroHedge News - https: - The Evolving Battlefield: How AI And Drones Redefine Modern Warfare Authored by Jon Sun and Sean Tseng via The Epoch Times, As the Russia-Ukraine conflict unfolds, drones have transcended traditional weaponry, emerging as pivotal agents of change in modern combat. Their deployment has not only diversified tactics on the battlefield but also heightened...
CBO Director Warns Of Debt Market Meltdown With US Debt Is On "Unprecedented" Trajectory
28.03.2024, 03:42 Uhr. ZeroHedge News - https: - CBO Director Warns Of Debt Market Meltdown With US Debt Is On "Unprecedented" Trajectory We've been pointing it out for so long - in fact, for most of our 15 years in existence - that it has become more of a chore than actual reporting, especially since the "number only go up", as it hits a new all time high virtually every day. We are talking, of course...
Cattle-Tracking Provision That May Limit Beef Supply Passed In Omnibus Bill
28.03.2024, 03:22 Uhr. ZeroHedge News - https: - Cattle-Tracking Provision That May Limit Beef Supply Passed In Omnibus Bill Authored by Matthew Lysiak via The Epoch Times (emphasis ours), A controversial measure to include $15 million for the electronic tracking of livestock has made it through Congress via the recently passed omnibus bill, raising fears among critics that the new system could be...
The Crude Necessity: Excerpt From "How To Listen When The Markets Speak"
28.03.2024, 02:00 Uhr. ZeroHedge News - https: - The Crude Necessity: Excerpt From "How To Listen When The Markets Speak" From "How to Listen When Markets Speak", the latest book by veteran Lehman Brothers trader and creator of the Bear Traps report Larry McDonald, available now for sale at Amazon and all other book sellers. "The Crude Necessity" Excerpted from Chapter 5, "Fossil Fuels Paving the...
"There's A Lot More Chainsaw": Argentine President Milei To Fire 70,000 Government Workers
28.03.2024, 01:42 Uhr. ZeroHedge News - https: - "There's A Lot More Chainsaw": Argentine President Milei To Fire 70,000 Government Workers Argentina's libertarian president Javier Milei, perhaps best known for his shotgun approach to government jobs... Bloomberg reports that Argentina's President Javier Milei is planning to fire 70,000 government workerspic.twitter.com/GL4TMOpehA — Business Blurb™...
Virginia Governor Vetos 30 Gun Bills That Would 'Punish' Law-Abiding Citizens
28.03.2024, 01:20 Uhr. ZeroHedge News - https: - Virginia Governor Vetos 30 Gun Bills That Would 'Punish' Law-Abiding Citizens Authored by Caden Pearson via The Epoch Times (emphasis ours), Gov. Glenn Youngkin (R-Va.) took action on 67 bills on Tuesday, including vetoing 30 that he said would “punish” law-abiding citizens and impinge on their 2nd Amendment rights. “I swore an oath to defend...
'Squatter-Squad' Using Home Inspectors And Other Legal Techniques To Send Squatters Packing
28.03.2024, 01:04 Uhr. ZeroHedge News - https: - 'Squatter-Squad' Using Home Inspectors And Other Legal Techniques To Send Squatters Packing You may have noticed an increase in stories involving homeowners in blue states who can't evict squatters due to various laws that make it extremely difficult to do so. Owner of LA mansion taken over by Airbnb squatter ‘from hell’ accuses her of extortion...
Compound Found In Broccoli Could Help Dissolve Blood Clots And Prevent Stroke
28.03.2024, 00:43 Uhr. ZeroHedge News - https: - Compound Found In Broccoli Could Help Dissolve Blood Clots And Prevent Stroke Authored by Allison DeMajistre via The Epoch Times (emphasis ours), Researchers from the Heart Research Institute (HRI) in Australia have found that a common vegetable eaten by millions every day may be able to prevent and treat a leading cause of death worldwide. (Teo Tarras/Shutterstock)...
In Reversal, Israel Sending Delegation To White House After "Bibi Made A Mistake"
28.03.2024, 00:26 Uhr. ZeroHedge News - https: - In Reversal, Israel Sending Delegation To White House After "Bibi Made A Mistake" Israel's military has stepped up its airstrikes on the southern Gaza city Rafah in the last two days, on Wednesday bombing at least four homes, raising fears that the planned ground assault is imminent, despite the UN Security Council having just issued an official call...
Navigating The Slippery Slope: How Hoover's Interventions Paved The Way For The Great Depression
28.03.2024, 00:00 Uhr. ZeroHedge News - https: - Navigating The Slippery Slope: How Hoover's Interventions Paved The Way For The Great Depression Authored by Vibhu Vikramaditya via The Mises Institute, Herbert Hoover's presidency is often mythically mischaracterized as a period of strict nonintervention in the economy. However, it was in fact defined by a series of economic maneuvers that not only...
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