News From ZeroHedge, Page 2712

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  • The Open Trap Door Under Real Yields Rings Many Alarms

    ZeroHedge - Aug 6th 2020 11:45am EDT

    The Open Trap Door Under Real Yields Rings Many Alarms Tyler Durden Thu, 08/06/2020 – 11:45 By Laura Cooper, market strategist at Bloomberg With no imminent end to collapsing real yields – which just hit a new record low -1.10%, the side effects of financial repression warn of stagflation, asset bubbles and policy impotence. Fresh […]

  • NY AG Accuses NRA Of “Massive Fraud”, Seeks To “Dismantle” Guns-Rights Organization

    ZeroHedge - Aug 6th 2020 11:44am EDT

    NY AG Accuses NRA Of “Massive Fraud”, Seeks To “Dismantle” Guns-Rights Organization Tyler Durden Thu, 08/06/2020 – 11:44 Update (1140ET): James is starting off the hearing by detailing a state lawsuit against the NRA and seeking the dissolution of the pro-second amendment organization, one of several subjects she was expected to address today. BBG published […]

  • Capital One Hit With $80 Million Fine, Cease & Desist Order, Over 2019 Data Breach

    ZeroHedge - Aug 6th 2020 11:21am EDT

    Capital One Hit With $80 Million Fine, Cease & Desist Order, Over 2019 Data Breach Tyler Durden Thu, 08/06/2020 – 11:21 The Fed on Thursday announced a new fine imposed on Capital One for a massive data breach last year that impacted more than 100 million people. Within 90 days, the company must also submit […]

  • The Unraveling Will Accelerate

    ZeroHedge - Aug 6th 2020 11:15am EDT

    The Unraveling Will Accelerate Tyler Durden Thu, 08/06/2020 – 11:15 Authored by Charles Hugh Smith via The Daily Reckoning, Since the first news of pandemic in late January, I’ve been discussing potential accelerants to the unraveling of our fragile financial system. The system appears stable until a catalyst pushes it off the cliff. Catalysts come […]

  • “He Abandoned The Deadly Cargo”: Meet The Mysterious Businessman At Center Of The Beirut Blast Saga

    ZeroHedge - Aug 6th 2020 10:55am EDT

    “He Abandoned The Deadly Cargo”: Meet The Mysterious Businessman At Center Of The Beirut Blast Saga Tyler Durden Thu, 08/06/2020 – 10:55 Thus far an official ongoing investigation by Lebanese authorities into the cause of Tuesday’s Beirut port blast, now considered the largest non-military munitions explosion in history, has dubbed it severe “negligence”.  It’s now well […]

  • New Survey Confirms Second Wave Of US Layoffs Is Well Under Way

    ZeroHedge - Aug 6th 2020 10:45am EDT

    New Survey Confirms Second Wave Of US Layoffs Is Well Under Way Tyler Durden Thu, 08/06/2020 – 10:45 Readers may recall in mid-April, the first signs of the second round of layoffs and furloughs appeared. Then by June, high-frequency data of the U.S. economy suggested the recovery reversed as state governors were forced to pause reopenings due to […]

  • Homebuyers Step Back As Mortgage Rates Plunge To Record Lows

    ZeroHedge - Aug 6th 2020 10:25am EDT

    Homebuyers Step Back As Mortgage Rates Plunge To Record Lows Tyler Durden Thu, 08/06/2020 – 10:25 Via MarketCrumbs.com, Mortgage rates in the U.S. continue to fall to record lows. The average contract interest rate for a 30-year fixed-rate mortgage fell to a record low 2.88% last week compared to 2.99% the previous week. But, despite […]

  • Key Wirecard ‘Business Partner’ Turns Up Dead In The Philippines After Mafia Links Exposed

    ZeroHedge - Aug 6th 2020 10:05am EDT

    Key Wirecard ‘Business Partner’ Turns Up Dead In The Philippines After Mafia Links Exposed Tyler Durden Thu, 08/06/2020 – 10:05 Wirecard’s collapse was forestalled for years thanks to Germany’s financial regulator BaFin, which aided the fraud by targeting journalists (most notably the FT’s Dan McCrum) who sought to expose the crude shell game used by […]

  • Rabo: “Everything Can Appear ‘Hunky-Dory’…Until The Real Money Runs Out”

    ZeroHedge - Aug 6th 2020 9:45am EDT

    Rabo: “Everything Can Appear ‘Hunky-Dory’…Until The Real Money Runs Out” Tyler Durden Thu, 08/06/2020 – 09:45 Authored by Michael Every via Rabobank, Where’s The Beef In This Word Salad? It’s summertime, and the living isn’t easy – except for the lazy analysis in the summertime market analysis ‘word salads’ we are being fed, which miss […]

  • Over 80% Of Black Americans Don’t Want To ‘Abolish Police’

    ZeroHedge - Aug 6th 2020 9:25am EDT

    Over 80% Of Black Americans Don’t Want To ‘Abolish Police’ Tyler Durden Thu, 08/06/2020 – 09:25 While BLM would have one believe that cops are inherently evil and must be abolished, a new Gallup poll finds that’s most minorities in America don’t feel that way. Of those surveyed, 61% of Black Americans are just fine […]

  • Turkish Lira Crashes To Record Low, CDS Spike As ‘Plan Z’ Fails

    ZeroHedge - Aug 6th 2020 8:45am EDT

    Turkish Lira Crashes To Record Low, CDS Spike As ‘Plan Z’ Fails Tyler Durden Thu, 08/06/2020 – 08:45 Despite Turkey’s draconian “Plan Z” measures where it effectively nationalizes the FX market,  the world is rejecting Turkish Lira today, sending Erdogan’s currency to a new record low against the dollar… Additionally, the CDS markets are starting […]

  • Ahead Of “Big Jobs Numbers”, Initial/Continuing Claims Offers ‘Positive’ Surprise

    ZeroHedge - Aug 6th 2020 8:37am EDT

    Ahead Of “Big Jobs Numbers”, Initial/Continuing Claims Offers ‘Positive’ Surprise Tyler Durden Thu, 08/06/2020 – 08:37 Initial Jobless Claims was above a million last week for the twentieth straight week, but, after two straight week of rising, fell last week from 1.435mm last week to ‘just’ 1.186 million new Americans signing up for jobless claims […]

  • Germany Suffers Biggest Jump In COVID-19 Case Since May; Philippines Passes Indonesia As Region’s Biggest Outbreak: Live Updates

    ZeroHedge - Aug 6th 2020 8:34am EDT

    Germany Suffers Biggest Jump In COVID-19 Case Since May; Philippines Passes Indonesia As Region’s Biggest Outbreak: Live Updates Tyler Durden Thu, 08/06/2020 – 08:34 Summary: Global cases near 19 million Deaths top 700k Germany reports more than 1,000 new cases for first time since May Philippines now worst outbreak in Southeast Asia Victoria reports another […]

  • Andrew Cuomo Begs Rich Hedge Funders Fleeing NYC: “Please Come Back”

    ZeroHedge - Aug 6th 2020 8:30am EDT

    Andrew Cuomo Begs Rich Hedge Funders Fleeing NYC: “Please Come Back” Tyler Durden Thu, 08/06/2020 – 08:30 While Alexandria Ocasio-Cortez (whose close friend and fellow activist Cori Bush just upset a longtime incumbent in a Missouri Congressional primary earlier this week) pushes for a ‘first-in-the- nation’ wealth tax that most reasonable people fear would destroy […]

  • Futures Slide Ahead Of Jobless Claims As Gold Surge Continues

    ZeroHedge - Aug 6th 2020 8:17am EDT

    Futures Slide Ahead Of Jobless Claims As Gold Surge Continues Tyler Durden Thu, 08/06/2020 – 08:17 US stock index futures dropped on Thursday alongside European stocks as investors looked forward to the latest weekly jobless claims report to gauge the pace of a rebound in the labor market, while also anticipating a new fiscal stimulus […]

  • Spot Silver Surges Above $28, Still Historically Undervalued To Gold

    ZeroHedge - Aug 6th 2020 7:43am EDT

    Spot Silver Surges Above $28, Still Historically Undervalued To Gold Tyler Durden Thu, 08/06/2020 – 07:43 Silver prices were up 25% in July, the second-biggest monthly gain for the white metal on record, anbd are extending gains this week, with spot silver spiking above $28 this morning… And gold rising too… But, as SchiffGold.com notes, […]

  • Isaias Aftermath: 2 Million Still Without Power Across Northeast; At Least 12 Tornados Confirmed

    ZeroHedge - Aug 6th 2020 7:09am EDT

    Isaias Aftermath: 2 Million Still Without Power Across Northeast; At Least 12 Tornados Confirmed Tyler Durden Thu, 08/06/2020 – 07:09 Tropical Storm Isaias is long gone, but there’s widespread damage along the East Coast and more than 2 million homes in the Northeast without power.  According to PowerOutage.US, 2.2 million of the 6.4 million affected […]

  • Switzerland Gold Savings Rate 12%

    ZeroHedge - Aug 6th 2020 6:00am EDT

    Switzerland Gold Savings Rate 12% Tyler Durden Thu, 08/06/2020 – 06:00 The Swiss population owns 920 tonnes in private gold, next to 1,040 tonnes in official gold reserves. In total, Switzerland likely has the highest amount of gold per capita in the world. This article is part of a series in which we examine how […]

  • Atomic Bombings At 75: John Pilger – “Another Hiroshima Is Coming Unless We Stop It Now”

    ZeroHedge - Aug 6th 2020 4:40am EDT

    Atomic Bombings At 75: John Pilger – “Another Hiroshima Is Coming Unless We Stop It Now” Tyler Durden Thu, 08/06/2020 – 04:40 By John Pilger of Consortium News Hiroshima and Nagasaki were acts of premeditated mass murder unleashing a weapon of intrinsic criminality. It was justified by lies that form the bedrock of 21st century […]

  • War Drums Beat In The Middle East After Thousands Of Casualties In Beirut Explosion

    ZeroHedge - Aug 6th 2020 2:50am EDT

    War Drums Beat In The Middle East After Thousands Of Casualties In Beirut Explosion Tyler Durden Thu, 08/06/2020 – 02:50 Submitted by SouthFront On the evening of August 4th, a massive explosion rocked the port of the Lebanese capital of Beirut, causing devastating damage and leaving thousands of casualties. The explosion sent a shockwave across […]

  • UK Gives Town Councils Power To Bulldoze ‘Contaminated’ Homes To Contain Outbreak

    ZeroHedge - Aug 6th 2020 2:00am EDT

    UK Gives Town Councils Power To Bulldoze ‘Contaminated’ Homes To Contain Outbreak Tyler Durden Thu, 08/06/2020 – 02:00 Britons were shocked and angered this week when an internal government guide meant to inform local councils and town authorities on possible strategies in dealing with rising coronavirus cases throughout the country explored scenarios wherein demolition of […]

  • Antifa Protesters Sue Seattle Over ‘Forced’ Armor Upgrades

    ZeroHedge - Aug 5th 2020 11:30pm EDT

    Antifa Protesters Sue Seattle Over ‘Forced’ Armor Upgrades Tyler Durden Wed, 08/05/2020 – 23:30 A lawsuit has been filed against the city of Seattle by several protesters, who claim that the Seattle Police Department’s “indiscriminate” us of chemical and less-lethal crowd control measures forced them to buy “expensive” protective gear in order to withstand the […]

  • US Cruise Operators Halt Voyages Until Oct. 31 After 2 Ships Hit By Outbreaks Amid Restart

    ZeroHedge - Aug 5th 2020 11:00pm EDT

    US Cruise Operators Halt Voyages Until Oct. 31 After 2 Ships Hit By Outbreaks Amid Restart Tyler Durden Wed, 08/05/2020 – 23:00 No doubt among the hardest hit industries globally has remained cruise ships. As late as May and June there were still cruise ships essentially stranded as ports refused them entry while outbreaks on […]

  • How Central Banks Made The COVID Panic Worse

    ZeroHedge - Aug 5th 2020 10:35pm EDT

    How Central Banks Made The COVID Panic Worse Tyler Durden Wed, 08/05/2020 – 22:35 By Kristoffer Mousten Hansen of Mises,org Historical events are complex phenomena, and monocausal explanations are therefore by definition wrong when explaining history. Many factors go into explaining why people and the world’s governments reacted as they did to the coronavirus. It […]

  • Study Finds 98 “Long-Term” COVID-19 Symptoms Including Baldness

    ZeroHedge - Aug 5th 2020 10:10pm EDT

    Study Finds 98 “Long-Term” COVID-19 Symptoms Including Baldness Tyler Durden Wed, 08/05/2020 – 22:10 Epidemiologists readily admit that viruses are chock full of puzzles. And COVID-19 is no exception. Earlier today, Dr. Fauci himself lamented the fact that nearly half of those who get the virus don’t see symptoms, which is one reason why young […]