79.7 F
Thursday, June 30, 2022

1.3 Million Clubhouse Users Data Leaked Online 

Just as the social media app Clubhouse is in talks to raise more funding with a mindblowing $4 billion valuation, it appears the social media platform has been the victim of a hack. According to Cyber News, a SQL database containing the personal data of 1.3 million users personal information was leaked onto a hacking forum. The…

Ford To Move $900 Million Plant From Ohio To Mexico: Report

The Ford Motor Company has reportedly shifted a $900 million investment for an Avon Lake, Ohio assembly plant towards a site in Mexico, according to the United Auto Workers (UAW) union.According to a letter sent to Ohio Assembly Plant (OHAP) employees, where around 1,740 Ford workers manufacture F-650 and F-750 medium duty trucks, UAW official…

11 Million People At Risk For Powerful Tornadoes And Severe Storms In Deep South

More than ten million people in the Deep South are at risk for severe storms sweeping through Wednesday into early Thursday. NWS' Storm Prediction Center outlined risk levels for tornadoes, and severe storms are elevated for Louisiana, Mississippi, Alabama, Arkansas, and Tennessee.Tornado watches have been issued for western Arkansas, northern Mississippi, and southern Tennessee, including Memphis; Pine Bluff,…

100 Million Stimmys To Be Delivered In Next 10 Days: How Much Will Go...

Moments ago Biden made it clear that the next week will see an epic inflow of new capital, much of which will be used to chase various stocks, cryptos and other risk assets.BIDEN: OVER NEXT 10 DAYS 100 MILLION CHECKS WILL BE DELIVEREDWhich again brings us to what BofA said is the "Most Important Question"…

Nine Million Jobs At Risk Amid US Travel And Tourism Bust 

No other US industry has been more severely impacted by the virus pandemic than travel and tourism. The World Travel & Tourism Council (WTTC) published a report this week, protecting a "staggering 9.2 million jobs could be lost in the US Travel & Tourism sector in 2020 if barriers to global travel remain in place."  WTTC's…

$61 Million Of Meth Seized At Texas Border Crossings Amid Cartel Crime Wave 

Methamphetamine is flooding across the Mexico-US border at an all-time high, and U.S. Customs and Border Protection (CBP) officers have ramped up patrols at border crossings to disrupt the illegal drug trade made possible by Mexican drug cartels.   CBP released a statement on Nov. 3 detailing how the Colombia-Solidarity Bridge and World Trade Bridge border crossings recently…

Fukushima To Dump 1 Million Tons Of Radioactive Water Into Pacific

Tokyo Electric Power's Fukushima Daiichi Nuclear Power Station is expected to release more than one million tonnes of treated radioactive water from the destroyed nuclear power plant into the ocean after the 2021 Tokyo Olympic Games, according to the Asian Nikkei Review.  More than one thousand storage tanks at the Fukushima Daiichi site are lining the property…

59 Million Americans Expect Income Losses Ahead Of Presidential Election  

The Census Bureau's latest Household Pulse Survey speaks volume to the "K-shaped" recovery, where high-income Americans saw their jobs immediately return and "V-shaped" recoveries for stock and other asset prices, while middle- and lower-class people continue to experience job loss, food insecurity, unable to pay bills, and eviction or foreclosure.  The survey, conducted from Sept.…

US Passes 5 Million Coronavirus Cases, Brazil Passes 3 Million: Live Updates

Summary: US passes 5 million cases Brazil passes 3 million COVID cases Global cases (per JHU): 19,481,330, deaths: 723,599. Texas reports new cases, deaths; extends March emergency declaration Trump signs executive order extending COVID relief South Africa crosses 10k deaths US reports 1.2% increase in confirmed cases Arizona reports 1,054 new cases US deaths top…

HSBC Lost $200 Million In One Day When The Gold Market Broke

Last week, we discovered precisely which bank got hammered by the violent divergence between the spot and future price of gold. As we reported, "HSBC had 15 "back-testing exceptions" in January and March, when the firm was caught out by moves in the prices of precious metals. Europe’s biggest bank said ... problems were caused…

Recent Posts

USD - United States Dollar