Tesla Shares Tumble On Report Of Robotaxi Unveil Delay
Tesla Shares Tumble On Report Of Robotaxi Unveil Delay Tesla’s 11-day winning streak abruptly ended Thursday afternoon after a Bloomberg News report revealed that the EV maker plans to delay the unveiling event of the highly anticipated ‘robotaxi’ from August 8 to sometime in October. *TESLA SHARES EXTEND DROP TO 7.6%, MOST SINCE MARCH 4 https://t.co/ZweMb37i0e […]
Kamala Rising: Biden Campaign Tests Harris’ Viability, As Longtime Aides Discuss Convincing Biden To Step Aside
Kamala Rising: Biden Campaign Tests Harris’ Viability, As Longtime Aides Discuss Convincing Biden To Step Aside Two massive headlines just hit concerning the state of the Democratic party, both from the NY Times, suggesting they’re actively trying to take the keys away from Joe Biden, and fast. First: The Biden campaign is ‘quietly testing’ Vice […]
Pepsi Warns US Snack Demand “Subdued” As Consumer Slowdown Worsens
Pepsi Warns US Snack Demand “Subdued” As Consumer Slowdown Worsens PepsiCo reported weaker-than-expected revenue growth in the second quarter on Thursday as consumers dialed back snack spending. The junk food giant tempered its full-year outlook on a more challenged consumer. This reflects a broader consumer slowdown trend, particularly impacting working-poor households amid elevated inflation and high […]
LinkedIn, Google Openly Censor Conservatives (Again) After SCOTUS Murthy Decision
LinkedIn, Google Openly Censor Conservatives (Again) After SCOTUS Murthy Decision Authored by Ben Sellers via Headline USA, Tech companies are once again colluding with Democrats to push disinformation and censor legitimate conservative opinions, this time with the imprimatur of legitimacy conferred by the U.S. Supreme Court that allows them to do so more shamelessly and […]
Idaho Issues Executive Order Blocking Noncitizens From Voting
Idaho Issues Executive Order Blocking Noncitizens From Voting Authored by Tom Ozimek via The Epoch Times (emphasis ours), In a landmark move amid national debates over voter eligibility, Idaho took executive action to ensure that its voter rolls remain free of noncitizens. A voting site during the primary election in Cape May, N.J., on June […]
Musk Announces X To Sue ‘Perpetrators And Collaborators’ Behind Advertising Censorship Cartel
Musk Announces X To Sue ‘Perpetrators And Collaborators’ Behind Advertising Censorship Cartel Elon Musk announced on Thursday that social media platform X will sue ‘perpetrators and collaborators’ who have colluded to control online speech, as revealed on Wednesday by an interim staff report released by the House Judiciary Committee. “Having seen the evidence unearthed today […]
Consumer Prices Cool Further: June Marks First Monthly CPI Drop Since 2020
The latest Consumer Price Index (CPI) report reveals a significant cooling in US inflation for June 2023. For the first time since May 2020, the monthly headline CPI showed a negative value, decreasing by 0.1%. The annual inflation rate slowed to 3%, the lowest since March 2021, beating economists’ expectations. Core inflation, which excludes volatile […]
Japan Intervenes In FX Market To Crush Yen Shorts After Dovish CPI
Japan Intervenes In FX Market To Crush Yen Shorts After Dovish CPI The yen – that favorite asset of momo chasers and Mrs Watanabes everywhere – exploded more than 2% against the dollar in the wake of the much weaker than expected CPI print, a move which was quickened by what Asahi TV reports was […]
Cooling Inflation Sparks Treasury Rally, Reshaping Fed Policy Outlook
Treasury yields experienced a significant decline following the release of favorable inflation data, which has increased market expectations for at least two Federal Reserve interest rate cuts in 2024. The drop in yields was observed across all maturities, with short-term rates particularly affected due to their sensitivity to Fed policy changes. Traders have now priced […]
Uganda Joins African Gold Rush to Stabilize Currency and Boost Reserves
Uganda has announced plans to purchase domestic gold to bolster its foreign exchange reserves and mitigate investment risks, joining a growing trend among African nations. This strategy, which also aims to support local miners and reduce raw gold imports, mirrors similar initiatives in Nigeria, Zimbabwe, and Ghana. These countries are turning to gold as a […]