Housing Affordability Worsens As Homeownership Out Of Reach For Anyone Making Under $100K
By Tyler Durden The US housing affordability crisis continues to worsen as mortgage rates skyrocket to two-decade highs while the cost of an average home…
Tyler Durden
Germany Preparing For Emergency Cash Deliveries, Bank Runs And “Aggressive Discontent” Ahead Of Winter Power Cuts
By Tyler Durden While Europe has been keeping a generally optimistic facade ahead of the coming cold winter, signaling that it has more than enough…
Here Come “Programmable Dollars”: New York Fed And 12 Banking Giants Launch Digital Dollar Test
By Tyler Durden Never let a crisis go to waste. Or a market crash for that matter. With equity and bond markets stuck in brutal…
WEF’s Klaus Schwab Gives Speech To G20 On The “Need To Restructure The World”
By Tyler Durden Klaus Schwab and the World Economic Forum find themselves waiting around for the next global crisis event after the covid pandemic turned…
Amazon To Fire 10,000 Employees, Largest Layoff In Company History
By Tyler Durden Over the past month, technology companies have laid off tens of thousands of employees. And the momentum in layoffs only appears to…
Ports Clogged With Containers As World Trade Stumbles
By Tyler Durden The latest Bloomberg Trade Tracker reveals an ominous outlook for world trade due to soaring interest rates, the war in Ukraine, a…
UK “Misery” To Worsen As Economy Shrinks More Than Expected In September
By Tyler Durden Britain’s Office for National Statistics (ONS) on Friday said the nation’s economy contracted 0.2% in the July-September period, the first quarterly contraction…
FBI Conducts “No-Knock Warrant” At Home Of Owner Of Website Devoted To Area 51
By Tyler Durden A series of tweets from Las Vegas-based KLAS-TV’s George Knapp revealed FBI agents raided the home of the owner of a popular UFO website…
C.H. Robinson Announces Largest Layoff In The History Of Freight Brokerage
By Tyler Durden It’s not just tech giants and Wall Street firms any more. As FreightWaves reports, truck brokerage giant C.H. Robinson Worldwide Inc. is…
Loan Demand For Mortgage Loans Crashes To Depression Levels
By Tyler Durden In all the chaos over the past few days, we missed the release of the Fed’s latest Senior Loan Officer Survey which…
Watch as US Drops Experimental “Parachuted” Missile In Arctic As Warning To Russia
By Tyler Durden A US special forces unit has stepped up its operations inside the Arctic Circle in Norway while admitting it is trying to get…
UK Food Inflation Hits Record High As Discretionary Income Evaporates Ahead Of Dark Winter
By Tyler Durden Brits have watched double-digit inflation wipe out any wage gains in one of the worst cost-of-living crises in a generation. Many have…
Lasers Can “Hack” Self-Driving LiDAR Sensors, Creating False “Blind Spots”, New Study Reveals
By Tyler Durden In what is likely going to be another thorn in the side of Elon Musk, Tesla and Autopilot, it was revealed in…
One In Four Londoners Don’t Have Savings
By Tyler Durden As many as one in four Londoners did not own savings of at least £1,500 right before the full effects of the…