20% Of Households Making Over $150,000 Live Paycheck-To-Paycheck
20% Of Households Making Over $150,000 Live Paycheck-To-Paycheck Authored by Mike Shedlock via MishTalk.com, Bank of America has an interesting report on who’s living paycheck to paycheck (PTP). It’s not just the poor. Blame the Fed. Please consider Paycheck to Paycheck: What, Who, Where, Why? What Does It Mean? The term ‘living paycheck to paycheck’ is […]
‘Startling’: GOP Early-Voting Turnout In Nevada Amazes Veteran Observer, Alarms Dems
‘Startling’: GOP Early-Voting Turnout In Nevada Amazes Veteran Observer, Alarms Dems Warning lights have been flashing all over the Democrats’ 2024 dashboard, and now a new one is pointing to big trouble for Kamala Harris in the battleground state of Nevada, where early voting results show that GOP voters are actually outnumbering Democrats. Across the country, […]
Denny’s Plots 150 Closings As Part Of Its Growth Strategy
Denny’s Plots 150 Closings As Part Of Its Growth Strategy By Peter Romeo of Restaurant Business Online Denny’s needs to close about a tenth of its stores before it can fully harness a comprehensive comeback plan that’s yielded encouraging early results, management informed Wall Street during the 71-year-old chain’s investor’s conference Tuesday. Executives said they’ve […]
Apple “Might Wind Down” Vision Pro Production Next Month Due To “Weak Demand”
Apple “Might Wind Down” Vision Pro Production Next Month Due To “Weak Demand” A new report from The Information suggests Apple might suspend production of its Vision Pro mixed-reality headset as early as next month due to very weak demand. Some Asian suppliers have already reduced or stopped producing headset components since the summer. Additionally, the development […]
NASA Finally Comes To Grips With Telework Tumbleweeds
NASA Finally Comes To Grips With Telework Tumbleweeds Authored by Pete McGinnis via RealClearPolicy, Two years on from COVID, the agency noticed sparse HQ attendance. Someday, it may end up being one of those hoary old philosophical saws: “If the lease on a government agency’s headquarters expires, but nobody actually works there, do the taxpayers’ […]
DOJ Warns Musk Over $1M Voter Giveaway: Report
DOJ Warns Musk Over $1M Voter Giveaway: Report While the Biden-Harris DOJ has been silent over allegations that Democrat fundraising platform ActBlue is using illegal straw donors, they sure seem to have a problem with Elon Musk’s super PAC – and has issued a warning in an alleged letter that its $1 million daily giveaway […]
Waste Of The Day: States Are $811 Billion In Debt
Waste Of The Day: States Are $811 Billion In Debt Authored by Jeremy Portnoy via RealClearInvestigations, Topline: America’s 50 state governments will need an extra $811 billion to pay off their current debt, according to the annual “State of the States” report from Truth in Accounting. Key facts: State governments had $2.9 billion in debt […]
Tesla Soars After Unexpected Jump In Profit Margin Suggests Price War Is Over
Tesla Soars After Unexpected Jump In Profit Margin Suggests Price War Is Over Ahead of today’s Tesla earnings report, UBS analyst Joe Spak asked whether Tesla numbers even matter this quarter after the Robotaxi reveal, which disappointed markets. His response is that while they should matter more, Tesla is really about the future/multiple, not the […]
‘The Atlantic’ Immediately Debunked After Attempting Yet Another Trump Military Hit Piece
‘The Atlantic’ Immediately Debunked After Attempting Yet Another Trump Military Hit Piece Authored by Luis Cornelio via Headline USA, The sister of slain soldier Vanessa Guillén slammed The Atlantic after it used anonymous sources to allege that President Donald Trump disparaged her after discovering the funeral expenses. Guillén’s death at the hands of a fellow soldier and […]
Traders Sell Everything As Dollar & Yields Soar To 3-Month Highs
Traders Sell Everything As Dollar & Yields Soar To 3-Month Highs Stocks dropped for the third day in a row today (longest streak since early Sept) with the S&P’s worst loss in seven weeks, as with a big h/t to Goldman, it seems equity market bulls finally noticed the recent explosion in rates. Treasury yields […]