Why There’s No Quick Fix For China’s Ailing Property Market
Why There’s No Quick Fix For China’s Ailing Property Market By Ye Xie, Bloomberg Markets Live reporter and strategist China’s top housing official has stepped up rhetoric meant to revive the housing market. It comes after the Politburo removed “the housing is not for speculation” slogan from the readout of its meeting, which increased expectations for more […]
Ukrainian Forces Are Using Internationally-Banned Scatter Mines
Ukrainian Forces Are Using Internationally-Banned Scatter Mines Authored by Kyle Anzalone via The Libertarian Institute, Human Rights Watch found that Ukrainian troops have been using scatter mines. The anti-personnel weapons are internationally banned, including by Kiev, because of their devastating impact on civilians. HRW reports uncovered several instances where Ukraine used anti-personnel scatter mines. The human rights […]
Groom And Doom: Target Shares Mark Longest Losing Streak In Almost 5 Years
Groom And Doom: Target Shares Mark Longest Losing Streak In Almost 5 Years 12.8 billion (and counting) reasons to re-think hiring and marketing practices? Shares of retailer Target fell as much a 3.8% on Tuesday, extending losses to an eighth session which brought the company’s share price to its lowest intraday level since August 2020. […]
Goldman: Has Ethereum Become A Deflationary Asset?
Goldman: Has Ethereum Become A Deflationary Asset? After the flash crash drop last week on ‘fake news’ about Mt.Gox holdings moving, Ethereum has outperformed and erased all those losses (and above $1950) as banking sector chaos is enabling decentralized financial systems to showcase their transparency and resilience versus traditional markets…. Source: Bloomberg Ethereum’s relative performance […]
WTF Headline Of The Day
WTF Headline Of The Day Nobody likes getting punched in the balls… especially if you’re a woman… Image Source: NYPost A transgender woman has called for the dismantling of airport TSA screenings after she claimed an agent punched her in the testicles and “yelled at me for having a penis”. The flyer posted a since-deleted […]
Recession In Europe Still Base Case Despite Soft-Data Hype
Recession In Europe Still Base Case Despite Soft-Data Hype Authored by Simon White, Bloomberg macro strategist, The level of optimism that Europe may avoid a recession is not justified by hard data, with stocks facing an end to their outperformance. Hopes have been rising that Europe could avoid a recession. PMI data across the region […]
Meta To Cut More Jobs As Soon As This Week
Meta To Cut More Jobs As Soon As This Week Meta Platforms Inc., the owner of Facebook and Instagram, is preparing to carry out another round of layoffs this week as part of its efforts to enhance organizational efficiency, according to Bloomberg. The upcoming job cut is part of cost-cutting measures known as “flattening,” as per […]
Growing Number Of Dems, Republicans Split Over Military Aid To Ukraine
Growing Number Of Dems, Republicans Split Over Military Aid To Ukraine Via The Libertarian Institute, A growing number of Republican voters oppose military aid for Ukraine, while Democrats remain committed to arming Kiev, according to recent polls. Since Russia invaded Ukraine last year, Congress approved $113 billion in aid for Kiev. A Pew Research poll conducted in […]
NYC Suburbs Buck Trend As Open Houses Packed And Offers Over Ask
NYC Suburbs Buck Trend As Open Houses Packed And Offers Over Ask US housing market pain could be ahead, but some affluent New York suburbs are bucking the trend early this year as open houses are packed. Falling mortgage rates might be stoking demand in a suburb about 20 miles north of Manhattan known as […]
25 States Sue Biden Admin Over Rule Allowing 401(k) Managers To Put Savings Into ESG Funds
25 States Sue Biden Admin Over Rule Allowing 401(k) Managers To Put Savings Into ESG Funds Authored by Caden Pearson via The Epoch Times, A coalition of 25 states is suing the Biden administration over a Department of Labor (DOL) rule that affects millions of retirement accounts, the attorneys general of multiple states involved in […]
Ukraine’s Interior Minister Among 16 Killed In Worst Helicopter Disaster Since War’s Start
Ukraine’s Interior Minister Among 16 Killed In Worst Helicopter Disaster Since War’s Start Ukraine’s Interior Minister is among three top government officials killed in what marks the country’s worst ariel disaster since the war’s start. In total 16 people died, including three children and four other bystanders on the ground, given it crashed near a […]