Mapped: The State Of Facial Recognition Around The World
By Tyler Durden From public CCTV cameras to biometric identification systems in airports, facial recognition technology is now common in a growing number of places…
Tyler Durden
Summer Vacation Spending Is Expected To Plunge 66% This Year
By Tyler Durden Memorial Day weekend not only kicks off the start of summer but also, for many Americans, kicks off travel and vacation season….
Global Tourism To Suffer Crushing Blow In 2020
By Tyler Durden While few industries have been spared by the impact of the COVID-19 pandemic, even fewer have been hit harder than the tourism sector….
Bankruptcy Tsunami Begins: Thousands Of Default Notices Are “Flying Out The Door”
By Tyler Durden Two weeks ago, when showing the uncanny correlation between defaults and the unemployment rates, we predicted that the number of Chapter 11…
Hertz Files For Bankruptcy As Lockdowns Crush Rental Car Industry
By Tyler Durden As if 44,354 Robin Hood traders suddenly cried out in terror and were suddenly silenced. What one world war, one Great Depression…
US Sanctions Chinese Surveillance Companies For Human Rights Abuses Against Uighurs
By Tyler Durden With both the US and China poking the geopolitical hornets’ nest that is Hong Kong on a daily if not hourly basis,…
Here Comes The Wave: Loan Defaults Hit 6-Year High
By Tyler Durden Two weeks ago, when looking at the recent flurry of chapter 11 filings and a striking correlation between the unemployment rate and…
San Diego’s Legendary Burritos Now Have “COVID-19 Surcharge”
By Tyler Durden One of the best things about San Diego is its legendary burrito scene. Known for being inexpensive and filling, meats such as…
US Banks On Hook For $150B In “Frozen Loans” As Millions Skip Credit Card And Car Payments
By Tyler Durden One month ago, after the banks reported Q1 earnings, we showed that the major US money center banks saw their loan loss…
“Thousands Are Starving”: Protesters Demanding Food Clash With Soldiers As Lockdown Intensifies in Chile
By Tyler Durden The coronavirus hit Chile at a particularly delicate time. Back in October, the Chilean military deployed tanks and troops onto the streets…
“They Don’t Want To Come Back To Work” – Restaurant Blames CARES Act For Labor Shortage
By Tyler Durden One of the great tragedies in America today is that of the CARES Act, which included a $1,200 stimulus check and an additional $600 weekly…
“Tidal Wave” Of Delinquent Mortgages Set To Surpass Great Recession
By Tyler Durden With nearly 4 million homeowners in some type of mortgage forbearance plan – representing 7.54% of all mortgages, delinquencies are set to…
TSA To Check Passengers’ Temperature At Airports
By Tyler Durden The Transportation Security Administration (TSA) will begin checking passengers’ temperatures at select airports next week. People familiar with the matter told The…
Washington Governor To Residents: COVID-Test-Deniers Will Not Be Allowed To Leave Home To Get Groceries
By Tyler Durden At his May 12 press conference, Washington State Governor Jay Inslee laid out the plans for the statewide contact tracing initiative. “[The…