New Jersey Hikes Gas Tax By 22.5%, Bringing Total Increase Since 2016 To 250%
By Tyler Durden Not content with driving out its wealthiest with yet another tax hike on millionaires, New Jersey just made life for all of…
Tyler Durden
Weaponized Drone Swarms Should Be Declared As “WMD” — Report
By Tyler Durden A new study for the US Air Force argues that a large-scale adversarial drone swarm attack could be classified as a “weapon of mass destruction” (WMD),…
Violators Of New Zealand’s New Mask Law Face Up To $700 Fine
By Tyler Durden During the same week Germany’s Merkel announced that across all but one German states a mandatory mask law will be backed by…
German Court Overturns Protest Ban — Massive Anti-Lockdown March To Go Ahead
By Tyler Durden Earlier in the week, we reported that authorities in Berlin had banned a series of planned demonstrations against the country’s COVID-19 lockdown…
MGM Resorts To Fire 18,000 Employees, A Quarter Of Its Workforce
By Tyler Durden While stocks soar to record highs by the day, no prosperity is “trickling down” to the leisure and hospitality industry – the…
Police Requests To Access Smart Speakers Are Up 72% Since 2016
By Tyler Durden Amazon said it had received more than 3,000 requests for smart speaker user data from police earlier this year, according to a…
Airline Pilots Learn To Fly Drones Amid Mass Carrier Layoffs
By Tyler Durden Delta Air Lines is expected to furlough almost 1,950 pilots in October as the industry struggles to recover from the virus-induced downturn. Some pilots, not…
Mortgage Delinquencies Soar To Decade High
By Tyler Durden Readers may recall last week we outlined the dam of pent up mortgage delinquencies continued to crack, with the share of delinquent Federal Housing Administration’s…
US Default Bomb Goes Off: 2020 Will Have A Record Number Of Large Corporate Bankruptcies
By Tyler Durden The disconnect between the all-time highs in the stock market and the broader economy has never been greater (with even Janet Yellen,…
At Least 13 Killed In Peru Nightclub Stampede Triggered By Police “Social Distancing” Raid
By Tyler Durden In an example of COVID-19-related law enforcement gone horribly awry, 13 people were killed in a deadly stampede, as patrons tried to…
Pentagon Report Deems “Covert Surveillance” Aircraft Flown Over George Floyd Protests Legal
By Tyler Durden The Pentagon is defending its use of military aircraft to conduct surveillance on the large crowds of demonstrators, and in some cases…
“These Are Staggering Numbers”: Spending By Unemployed Americans Plunges As Fiscal Stimulus Ends
By Tyler Durden One month ago, with millions of newly unemployed Americans fearful about their future in an economy transformed by the covid pandemic, Deutsche…
Lyft Will Suspend All Ride-Sharing Operations In California At Midnight Tonight
By Tyler Durden Lyft has decided to suspend its ridesharing operations in California beginning tonight at 11:59 pm PT. “We don’t want to suspend operations,” Lyft…
Bank of Nova Scotia Pays $127 Million In Fines Over Criminal Precious Metal Manipulation
By Tyler Durden Back in April, we reported that one of the pillars in the gold-trading business, Bank of Nova Scotia’s ScotiaMocatta, was closing after…