Archive for the 'Economy' Category
Record Jobs Gain of 4.8 million in June
July 2nd, 2020Via: CNBC: Nonfarm payrolls soared by 4.8 million in June and the unemployment rate fell to 11.1% as the U.S. continued its reopening from the coronavirus pandemic, the Labor Department said Thursday. Economists surveyed by Dow Jones had been expecting a 2.9 million increase and a jobless rate of 12.4%. The report was released a […]
Tesla Overtakes Toyota as the World’s Most Valuable Automaker
July 1st, 2020Via: Bloomberg: Tesla Inc. displaced Toyota Motor Corp. as the world’s most valuable automaker, underscoring investor enthusiasm for a company trying to transform an industry that’s relied on internal combustion engines for more than 130 years.
China: 83 Tons Of Fake Gold Bars
June 29th, 2020Via: ZeroHedge: Kingold – whose name was probably stolen from Kinross Gold, one of the world’s largest gold miners – is the largest privately owned gold processor in central China’s Hubei province. Its shares are listed on the Nasdaq stock exchange in New York (although its current market cap of just $10MM is a far […]
Mass-Tracking COVI-PASS Immunity Passports Slated to Roll Out in 15 Countries
June 29th, 2020Via: Mint Press: A British cybersecurity company, in partnership with several tech firms, is rolling out the COVI-PASS in 15 countries across the world; a “digital health passport” that will contain your COVID-19 test history and other “relevant health information.” According to the company website, the passport’s objective is “to safely return to work” and […]
A Cash Cliff Spells Trouble for U.S. Unemployed, and Everyone Else
June 29th, 2020Via: Reuters: Judith Ramirez is bracing for July. That’s when the hotel housekeeper and her electrician husband – who have both been out of work for three months – expect their combined unemployment benefits to drop by more than half, and their deferred $1,500 monthly mortgage payment on their Honolulu home to come due. It’s […]
Bankruptcy Wave and or Closures of Hospitals Across the Country
June 29th, 2020Via: ZeroHedge: The American Hospital Association (AHA) warns, in a new report, that “hospitals and health systems face catastrophic financial challenges in light of the COVID-19 pandemic.” From soaring COVID-19 costs to canceled services to plunging hospital revenue to purchasing personal protective equipment to reimbursement landscape challenges to decreasing patient volumes, many of these factors […]
White Slaves: The Privilege They Erased from History
June 29th, 2020Via: Dana Ashlie:
World War III Is Being Waged Right Now Against What’s Left of Free Humanity
June 28th, 2020Via: The Corbett Report:
EU Set to Ban American Travelers When Borders Reopen Due to COVID-19 Spikes
June 27th, 2020Via: The Hill: The European Union is set to ban most American travelers from entering when the bloc reopens next week, with the U.S. among countries deemed too risky over its recent spike in COVID-19 cases, The New York Times reports. The United States’s exclusion from a list of countries whose citizens are allowed to […]
30% Of Americans Didn’t Make Their Housing Payment In June
June 22nd, 2020Via: ZeroHedge: A stunning 30% of Americans didn’t make their housing payment for June – a figure that is likely going to ripple through the housing industry in coming months. According to a new survey by Apartment List, the rate is similar to May and shows that even though other industries are rebounding, the situation […]
