Here Are The States Hardest Hit By The Gasoline Shortage
By Tyler Durden Colonial Pipeline restarted operations Wednesday evening after a ransomware attack paralyzed the entire pipeline system that spans from Texas to New Jersey since last…
Tyler Durden
“Gas Run Has Begun” — Fuel Stations Run Dry Amid Hacked Pipeline
By Tyler Durden Gas shortages are being reported in the Southeast of the US amid the recent cybersecurity attack that temporarily shut down one of the largest pipelines…
Massive Amazon Fake Review Scam Exposed In Data Breach
By Tyler Durden Amazon has spent years rooting out fake reviews and other seller scams from its e-commerce platform. But the latest discovery from security researchers at SafetyDetectives found…
The Paycheck Protection Program Is Officially Out Of Money
By Tyler Durden The Paycheck Protection Program has officially “run out of money”, hopefully putting an end to what was likely one of the most…
Gasoline Futures Soar After Colonial Gives No Timetable For Hacked Pipeline Restart
By Tyler Durden Just in case the US didn’t already have a “transitory hyperinflation” problem, gasoline futures soared more than 4% – and are likely…
And Now Rents Are Soaring Too
By Tyler Durden With BofA predicting that the US is facing a period of “transitory hyperinflation” as a result of soaring commodity prices in everything…
Cyberattack Forces Shutdown Of Largest Gasoline Pipeline In United States
By Tyler Durden The largest gasoline pipeline on the East Coast, and the US in general, was shut down on Friday after its operator struggled…
CFO Of World’s Largest Hedge Fund Quits To Join Bitcoin Company
By Tyler Durden In early 2020, shortly after we correctly predicted that institutional buying of bitcoin would send the cryptocurrency soaring (and just before Elon…
Federal Judge Overturns CDC’s Eviction Moratorium
By Tyler Durden Update (1300ET): White House Press Secretary Jen Psaki confirmed at today’s briefing that Biden’s Justice Department is reviewing the federal judge’s decision, and…
Banks Start Freaking Out About Soaring Inflation, Which May Not Be “Transitory”
By Tyler Durden For the past few months we – unlike the Fed – have been warning readers that the US is about to get…
How Costco Is Masking A 14% Price Jump With Shrinkflation
By Tyler Durden The oldest trick in the retailer book is back. We have previously written about shrinkflation – the “creative” masking of higher prices…
Aussies Trying To Return Home From India Face Up To $66,600 In Fines Or Five Years Imprisonment
By Tyler Durden Australians trying desperately to return home from COVID-stricken India will face fines and jail time, according to treasurer Josh Frydenberg, who defended…
A Record 34% Of All Household Income In The US Now Comes From The Government
By Tyler Durden Following today’s release of the latest Personal Income and Spending data, Wall Street was predictably focused on the changes in these two…
Chlorine Prices Explode Just In Time For Peak Pool Season
By Tyler Durden Here’s another example of the butterfly effect. By now everyone knows that a March fire at a plant owned by Japanese chipmaker…