News From ZeroHedge, Page 2945

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  • Gold Soars To Record Highs, Stocks Erase Gains After Pelosi Warns ‘No Deal This Week’

    ZeroHedge - Aug 4th 2020 12:17pm EDT

    Gold Soars To Record Highs, Stocks Erase Gains After Pelosi Warns ‘No Deal This Week’ Tyler Durden Tue, 08/04/2020 – 12:17 While The Dow is holding gains thanks to the insane dominance of AAPL; Nasdaq, Russell 2000, and the S&P are all tumbling into the red on the day after House Speaker Nancy Pelosi said […]

  • Jim Hackett Retires As Ford Appoints Its Fourth CEO Since The Great Recession

    ZeroHedge - Aug 4th 2020 12:10pm EDT

    Jim Hackett Retires As Ford Appoints Its Fourth CEO Since The Great Recession Tyler Durden Tue, 08/04/2020 – 12:10 Mired in what is likely one of the ugliest auto recessions in history, Ford has said it has tapped Jim Farley to replace a relatively still-newly appointed Jim Hackett as CEO. Hackett replaced former CEO Mark […]

  • Terrifying Mystery Blast Shockwave Filmed Over Beirut​​​​​​​

    ZeroHedge - Aug 4th 2020 11:49am EDT

    Terrifying Mystery Blast Shockwave Filmed Over Beirut​​​​​​​ Tyler Durden Tue, 08/04/2020 – 11:49 A powerful blast has just rocked the Lebanese capital of Beirut. The cause of the massive explosion is as yet unknown. But multiple social media videos from various angles shows it happened during daylight hours Tuesday, in the late afternoon or early […]

  • Illinois Rep Wants To Abolish History Classes As Racist

    ZeroHedge - Aug 4th 2020 11:30am EDT

    Illinois Rep Wants To Abolish History Classes As Racist Tyler Durden Tue, 08/04/2020 – 11:30 Authored by Mike Shedlock via MishTalk, State Rep. LaShawn K. Ford said current history teachings overlook the contributions of women and minorities. His solution is to Abolish History Classes until an adequate remedy is in place. Leaders in education, politics and other […]

  • WHO Conducted “Extensive Interviews” With Wuhan Scientists Amid Efforts To Prove Virus Didn’t Escape Lab

    ZeroHedge - Aug 4th 2020 11:15am EDT

    WHO Conducted “Extensive Interviews” With Wuhan Scientists Amid Efforts To Prove Virus Didn’t Escape Lab Tyler Durden Tue, 08/04/2020 – 11:15 The World Health Organization – which praised China’s early efforts at ‘containing’ COVID-19, parroted CCP propaganda about transmissibility, and refused to declare a pandemic until March 11 (allegedly at the request of Chinese President […]

  • King Dollar? Rabobank Warns “Staying On Thrones Means A Battle At Some Point”

    ZeroHedge - Aug 4th 2020 11:00am EDT

    King Dollar? Rabobank Warns “Staying On Thrones Means A Battle At Some Point” Tyler Durden Tue, 08/04/2020 – 11:00 Authored by Michael Every via Rabobank, “The King is dead. Long live the King!” TikTok now has 44 days (and counting) to arrange a sale to Microsoft or be banned, which is legally known as “forced […]

  • Lawmakers Demand Universities Produce All Foreign Donation Records

    ZeroHedge - Aug 4th 2020 10:45am EDT

    Lawmakers Demand Universities Produce All Foreign Donation Records Tyler Durden Tue, 08/04/2020 – 10:45 Republican lawmakers have demanded that the nation’s top universities produce all records of donations received from foreign governments, after concerns have mounted over a growing national security threat tied to multi-million dollar gifts, according to the New York Post. (Graphic: Clarion […]

  • Apple Entering Social Media? World’s Largest Company “Expressed Interest” In Buying TikTok

    ZeroHedge - Aug 4th 2020 10:35am EDT

    Apple Entering Social Media? World’s Largest Company “Expressed Interest” In Buying TikTok Tyler Durden Tue, 08/04/2020 – 10:35 As the drama over the fate of TikTok – and US-China cold war relations deepens – moments ago Axios reported that Microsoft, whose stock has surged in recent days after confirming it is looking at acquiring China’s […]

  • Gold Futures Top $2,000

    ZeroHedge - Aug 4th 2020 10:26am EDT

    Gold Futures Top $2,000 Tyler Durden Tue, 08/04/2020 – 10:26 For the third time in a week, gold futures have spiked above the Maginot Line of $2,000. The record high gold futures price is $2009.50 from Sunday night… The dollar is following the same path as yesterday with a big overnight spike and selloff during […]

  • “Disconnects” Everywhere…

    ZeroHedge - Aug 4th 2020 10:15am EDT

    “Disconnects” Everywhere… Tyler Durden Tue, 08/04/2020 – 10:15 Authored by Richard Breslow via Bloomberg, For years the disconnect between financial market performance and what’s happening in the “real” world has been a much discussed topic. At first we were confused by it. Then amazed. Periodically incensed. And then we came to just accept it as […]

  • “No V” – US Factory Orders Rebound Slows In June

    ZeroHedge - Aug 4th 2020 10:06am EDT

    “No V” – US Factory Orders Rebound Slows In June Tyler Durden Tue, 08/04/2020 – 10:06 US factory orders rebounded in May as the economy re-opened, but the bounce was anything but “v-shaped” after March and April’s collapse (-11% and -13.5% respectively). Analysts expected the pace of that lacklustre rebound to slow even more in […]

  • Trump Admin Nearly Doubles Cost To Become US Citizen, Slaps Asylum Seekers With $50 Fee

    ZeroHedge - Aug 4th 2020 9:55am EDT

    Trump Admin Nearly Doubles Cost To Become US Citizen, Slaps Asylum Seekers With $50 Fee Tyler Durden Tue, 08/04/2020 – 09:55 Immigrants and asylum seekers hoping to call the United States home are about to pay more than ever for the privilege. Asylum seekers from Central and South America wait on the Mexican side of […]

  • Beijing Won’t Allow Trump To “Steal” TikTok In “Smash & Grab” Deal

    ZeroHedge - Aug 4th 2020 9:40am EDT

    Beijing Won’t Allow Trump To “Steal” TikTok In “Smash & Grab” Deal Tyler Durden Tue, 08/04/2020 – 09:40 During a press briefing at the White House on Monday, President Trump publicly affirmed that he would be fine with Microsoft or some other major American company buying TikTok from ByteDance, despite opposition from White House advisor […]

  • Isaias Makes Landfall In Carolinas, Sets Eyes On Mid-Atlantic States 

    ZeroHedge - Aug 4th 2020 9:25am EDT

    Isaias Makes Landfall In Carolinas, Sets Eyes On Mid-Atlantic States  Tyler Durden Tue, 08/04/2020 – 09:25 Isaias topped sustained winds of about 85 mph Monday, right before making landfall in Ocean Isle Beach, North Carolina, around 23:00 ET. The hurricane was downgraded Tuesday morning to a tropical storm, set to unleash torrential rains and high winds across Mid-Atlantic and […]

  • Houston Mayor Orders $250 Fines For People Who Refuse To Wear Masks

    ZeroHedge - Aug 4th 2020 9:06am EDT

    Houston Mayor Orders $250 Fines For People Who Refuse To Wear Masks Tyler Durden Tue, 08/04/2020 – 09:06 Authored by Paul Joseph Watson via Summit News, Democratic Houston Mayor Sylvester Turner has announced that police will begin issuing citations against people not wearing masks, hitting them with a fine of $250 dollars. “For months, we […]

  • Treasury Yields Are Tumbling Back To Record Lows

    ZeroHedge - Aug 4th 2020 9:00am EDT

    Treasury Yields Are Tumbling Back To Record Lows Tyler Durden Tue, 08/04/2020 – 09:00 Yesterday’s brief interruption in the demise of yield (driven by rate-locks due to the massive Alphabet issuance), has ended with Treasury yields erasing the entire move and then some. Source: Bloomberg Aside from the flash-crash spike lows on March 9th, this […]

  • BP Slashes Dividend For First Time In Decade On Dismal Energy Demand Outlook

    ZeroHedge - Aug 4th 2020 8:31am EDT

    BP Slashes Dividend For First Time In Decade On Dismal Energy Demand Outlook Tyler Durden Tue, 08/04/2020 – 08:31 BP halved its dividend on Tuesday after reporting a record $6.7 billion quarterly loss due to the collapse in global demand for energy products.  The dividend cut by BP comes at no surprise. Major oil companies were […]

  • Global COVID-19 Spread Slowest In 3 Weeks As Deaths Near 7 Million: Live Updates

    ZeroHedge - Aug 4th 2020 8:22am EDT

    Global COVID-19 Spread Slowest In 3 Weeks As Deaths Near 7 Million: Live Updates Tyler Durden Tue, 08/04/2020 – 08:22 Globally, the number of new cases reported on Monday (remember, these cases are reported typically with a 24-hour delay) tumbled to the slowest rate of expansion in nearly three weeks, while the global death toll […]

  • Futures Slide On US-China Tensions, Fiscal Stimulus Worries, Poor Earnings

    ZeroHedge - Aug 4th 2020 8:09am EDT

    Futures Slide On US-China Tensions, Fiscal Stimulus Worries, Poor Earnings Tyler Durden Tue, 08/04/2020 – 08:09 S&P futures posted a rare overnight drop alongside shares in Europe as President Trump’s moves to force China-owned TikTok into a sale of its U.S. operations drew a sharp rebuke from Beijing, ratcheting up tensions as the world slides […]

  • Argentina Strikes Deal With Creditors Over $65BN Debt After 3rd Default In 20 Years

    ZeroHedge - Aug 4th 2020 6:43am EDT

    Argentina Strikes Deal With Creditors Over $65BN Debt After 3rd Default In 20 Years Tyler Durden Tue, 08/04/2020 – 06:43 In a break with tradition that probably came as a welcome relief to the country’s creditors, who may have been gearing up for a 16-plus-year odyssey in what would have been the economically troubled South […]

  • FDA Expands List Of Dangerous Hand Sanitizers To Over 100

    ZeroHedge - Aug 4th 2020 6:00am EDT

    FDA Expands List Of Dangerous Hand Sanitizers To Over 100 Tyler Durden Tue, 08/04/2020 – 06:00 The US Food and Drug Administration’s list of potentially harmful hand sanitizers has now been expanded to a whopping 100+.  Warnings first surfaced in June, at which point less than a dozen were named. This after an explosion of new, […]

  • “Something’s Rotten!”

    ZeroHedge - Aug 4th 2020 5:30am EDT

    “Something’s Rotten!” Tyler Durden Tue, 08/04/2020 – 05:30 Authored by Sven Henrich via NorthmanTrader.com, As $SPX is entering the February gap zone into 3300 (an area we’ve been mentioning for weeks in Straight Talk) and Nasdaq is again making new all time highs as investors keep relentless chasing into high cap tech, it may be worth […]

  • Ireland’s National Health Service Urges “Phone Sex Only” During Pandemic

    ZeroHedge - Aug 4th 2020 4:55am EDT

    Ireland’s National Health Service Urges “Phone Sex Only” During Pandemic Tyler Durden Tue, 08/04/2020 – 04:55 In yet more coronavirus lockdown absurdity, the Republic of Ireland is telling young people to stop having sex in order to stop the spread of the pandemic.  Instead, health officials with Ireland’s Health Service Executive (HSE) are urging that […]

  • Ron Paul: Europeans Are Waking Up To Government COVID Tyranny. Why Are Americans Still Asleep?

    ZeroHedge - Aug 4th 2020 4:20am EDT

    Ron Paul: Europeans Are Waking Up To Government COVID Tyranny. Why Are Americans Still Asleep? Tyler Durden Tue, 08/04/2020 – 04:20 Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, Tens of thousands of Germans marched through Berlin on Saturday, proclaiming a “Day of Freedom” and demanding an end to government-mandated […]

  • Apple Demands UK Retail Landlords To Slash Rents By Half 

    ZeroHedge - Aug 4th 2020 3:45am EDT

    Apple Demands UK Retail Landlords To Slash Rents By Half  Tyler Durden Tue, 08/04/2020 – 03:45 Apple Inc. soared 10% Friday after a blowout earnings report, adding $171 billion to its market capitalization, making it the world’s most valuable company, at $1.817 trillion (surpassing Saudi Aramco). Despite positive earnings during coronavirus lockdowns, Apple has requested UK retail store landlords to slash rent by […]