The Weïrd Sisters

Widespread financial meltdown continued again today, slamming crypto, silver, and private credit particularly hard. After what appeared to be an early morning rally, it didn’t last as a range of more-than-disappointing labor data came flooding to the tape. The narrative of a 2026 ... Show More

Pepsi is slashing prices for some of its most popular brands, some by 15%. The company said it has spent the past year listening to consumer feedback. Nah. What happened is always what happens in this economy and why there is no breakout inflation. Companies that do raise prices ... Show More

They thought they were reassuring debt markets over AI cash. Instead, the company kicked a hornet's nest, unleashing a MAJOR selloff that is sweeping through private credit. It isn't just the BDCs (publicly traded funds) this time, either. The asset managers themselves are now ge ... Show More

<p>David Cameron was paid a salary of more than $1m by Greensill Capital, the finance company whose dramatic collapse exposed the former UK prime minister’s extensive lobbying efforts, and US banks will face tough questions about the prospects for their lending operations this we ... Show More

<p>Friday, February 2nd, 2024</p><p>Today,  Trump Org CFO Allen Weisselberg is in negotiations to plead guilty to a perjury charge; President Biden hits violent Israeli settlers in the West Bank with sanctions; the House votes to expand the child tax credit; Trump spent $50M doll ... Show More

<p>The chair of the Federal Reserve, Jay Powell, sought to ease concerns in Congress about the Federal Reserve’s response to surging&nbsp;</p><p>inflation, the assassination of Haiti’s president Jovenel Moïse last week has plunged the poorest nation in the Americas deeper into ch ... Show More

<p>Anahit Misak Kasparian is an American political commentator, media host, and journalist. She is the main host and a producer of the online news show The Young Turks, having begun working as a fill-in producer for the show in 2007. She also appeared on the television version of ... Show More

<p>Tuesday, December 5th, 2023</p><p>Today, in the Hot Notes: someone named Doug Burgum has dropped out of the Republican race for president; Venezuelans vote to take over a large portion of Guyana; a former career diplomat is charged with spying for Cuba for decades; a new filin ... Show More

<p>Jamila Davis has a life story that could be a motion picture. You may have seen her on Love &amp; Hip Hop but her story is way deeper and digs into the depths of the financial crisis of 2008. In the mid-2000’s, she was in the middle of the biggest economic meltdown since the G ... Show More

<p>Wednesday, February 21st, 2024</p><p>Today, Nikki Haley did NOT drop out of the presidential race; Hunter Biden’s prosecutor tries to pass off a photo of sawdust as cocaine; a winery host backs up Fani Willis’ testimony; Rep. Tim Burchett wrongly calls one of the Kansas City s ... Show More

<p>Patrick Bet-David, Adam Sosnick, Tom Ellsworth, and Vincent Oshana are joined by Brigitte Gabriel as they cover the biggest stories in news, politics, business, and current events! Check out Brigitte&#39;s organization &quot;Act For America&quot;: https://bit.ly/3vYi7zc Purch ... Show More