News From ZeroHedge, Page 2949

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  • US Beach Towns Fear Collapse As Summer Of Pandemic Causes Havoc

    ZeroHedge - Aug 1st 2020 8:30pm EDT

    US Beach Towns Fear Collapse As Summer Of Pandemic Causes Havoc Tyler Durden Sat, 08/01/2020 – 20:30 The executive director of the Bethany-Fenwick Chamber of Commerce, Lauren Weaver, told USA Today that “our businesses (located on the southern tip of the Delmarva Peninsula) have 12 weeks to make money to survive the rest of the year…  sales for the […]

  • “Peaceful Riots”? Journalism Bows To The Woke Mob

    ZeroHedge - Aug 1st 2020 8:00pm EDT

    “Peaceful Riots”? Journalism Bows To The Woke Mob Tyler Durden Sat, 08/01/2020 – 20:00 Authored by Mark Hemingway via RealClearPolitics.com, Just a few weeks ago the idea of “peaceful riots” would have seemed absurd, but the American media is nothing if not inventive these days. Earlier this week, ABC News reported, “Protesters in California set fire […]

  • America’s Coin Shortage Is Getting Worse

    ZeroHedge - Aug 1st 2020 7:30pm EDT

    America’s Coin Shortage Is Getting Worse Tyler Durden Sat, 08/01/2020 – 19:30 The nation’s coin shortage, prompted by less cash circulating as a result of Covid-19 – is getting worse. And believe it or not, cash is still being used in 49% of payments that are $10 or below, according to a recent study by […]

  • Syrian Army Uncovers Organ Trading Hub Of Turkish-Backed Militants In Southern Idlib

    ZeroHedge - Aug 1st 2020 7:00pm EDT

    Syrian Army Uncovers Organ Trading Hub Of Turkish-Backed Militants In Southern Idlib Tyler Durden Sat, 08/01/2020 – 19:00 Submitted by South Front, The joint Russian-Turkish patrol set to be held in southern Idlib on July 29 was delayed due to increased military tensions and the inability of Ankara to ensure the security of the patrol […]

  • Communism Secured: Musk Calls Chinese “Smart, Hard-Working”, Says Americans Are “Entitled, Complacent”

    ZeroHedge - Aug 1st 2020 6:30pm EDT

    Communism Secured: Musk Calls Chinese “Smart, Hard-Working”, Says Americans Are “Entitled, Complacent” Tyler Durden Sat, 08/01/2020 – 18:30 Elon Musk’s distaste for the U.S. is starting to become palpable – and U.S. citizens should not take to it kindly.  The Tesla CEO – who has made himself billions off the back of U.S. government subsidies and […]

  • The Great COVID-Con: Exposing Journalistic Malpractice

    ZeroHedge - Aug 1st 2020 6:00pm EDT

    The Great COVID-Con: Exposing Journalistic Malpractice Tyler Durden Sat, 08/01/2020 – 18:00 Authored by Vasko Kohlmayer via LewRockwell.com, On July 5th of this year – following weeks of steady decline – the United States recorded 263 deaths from COVID-19. This was the lowest daily toll in nearly three and half months. The July 5th figure represented a […]

  • JPMorgan Finds That Shorts Across The Globe Have Capitulated

    ZeroHedge - Aug 1st 2020 5:30pm EDT

    JPMorgan Finds That Shorts Across The Globe Have Capitulated Tyler Durden Sat, 08/01/2020 – 17:30 Three months ago, shortly after the March crash bottom, JPMorgan’s strategist Nikolas Panigirtzoglou predicted that stocks would rise, among other things, because there was a massive short overhang, one which would squeeze prices higher as the Fed injected liquidity, providing […]

  • What Happens To Outdoor Dining In Fall And Winter?

    ZeroHedge - Aug 1st 2020 5:00pm EDT

    What Happens To Outdoor Dining In Fall And Winter? Tyler Durden Sat, 08/01/2020 – 17:00 Authored by Heather Lalley of Restaurant Business Natale Servino, whose family has run Servino Ristorante in Tiburon, Calif., for 42 years, is hoping for a pleasant fall that transitions into a very mild winter. Servino’s recent intense interest in weather […]

  • Shares Of China-Based Tesla Competitor Li Auto Surge In Nasdaq Trading Debut

    ZeroHedge - Aug 1st 2020 4:35pm EDT

    Shares Of China-Based Tesla Competitor Li Auto Surge In Nasdaq Trading Debut Tyler Durden Sat, 08/01/2020 – 16:35 Make no mistake about it, there has been non-stop hype in EV stocks for the better part of the last several years. But over the last few months, that momentum has picked up. We just noted days […]

  • Amazon, Jeff Bezos, And The Influential Washington Post

    ZeroHedge - Aug 1st 2020 4:10pm EDT

    Amazon, Jeff Bezos, And The Influential Washington Post Tyler Durden Sat, 08/01/2020 – 16:10 Authored by Bruce Wilds via Advancing Time blog, After Jeff Bezos and several other CEOs testified before the House Judiciary antitrust subcommittee over anti-competitive conduct the following article has taken a huge leap in importance. The Washington Post is an influencer […]

  • Portland’s ‘Peaceful’ Protesters Burn Bibles, American Flags And Pig’s Head After Feds Withdraw

    ZeroHedge - Aug 1st 2020 3:45pm EDT

    Portland’s ‘Peaceful’ Protesters Burn Bibles, American Flags And Pig’s Head After Feds Withdraw Tyler Durden Sat, 08/01/2020 – 15:45 After federal agents withdrew from Portland late last week, neo-Marxist ‘youts’ broke out the lighter fluid and began torching Bibles, American flags, and a severed pig’s head donning a police hat. Left-wing activists bring a stack […]

  • American College Students Are More Reasonable Than We Think

    ZeroHedge - Aug 1st 2020 3:20pm EDT

    American College Students Are More Reasonable Than We Think Tyler Durden Sat, 08/01/2020 – 15:20 Authored by Samuel Abrams via RealClearPolicy.com, With colleges and universities opening to some degree in just a few short weeks, I was recently asked if I thought that the campus culture wars would continue despite the rise of distance education. […]

  • Cryptos Are Spiking Again: Ether At 2-Year Highs, Bitcoin “Perfectly On Track” For $100k

    ZeroHedge - Aug 1st 2020 2:55pm EDT

    Cryptos Are Spiking Again: Ether At 2-Year Highs, Bitcoin “Perfectly On Track” For $100k Tyler Durden Sat, 08/01/2020 – 14:55 The incessant fall in the dollar and surge in global negative-yielding debt appears to continue to push the global citizenry into alternative assets, such as precious metals and cryptos. Source: Bloomberg And, as CoinTelegraph’s Michael […]

  • NY Bar Says Liquor License Suspended Over “F*CK CUOMO” Menu

    ZeroHedge - Aug 1st 2020 2:30pm EDT

    NY Bar Says Liquor License Suspended Over “F*CK CUOMO” Menu Tyler Durden Sat, 08/01/2020 – 14:30 A bar in Western New York says the state suspended their liquor license over a satirical menu which spells out “FUCK CUOMO” – meant to mock the governor over his executive order requiring customers to purchase food with alcohol, […]

  • Russell Napier: Central Banks Have Become Irrelevant

    ZeroHedge - Aug 1st 2020 2:00pm EDT

    Russell Napier: Central Banks Have Become Irrelevant Tyler Durden Sat, 08/01/2020 – 14:00 Two weeks ago, we wrote that one by one the world’s legendary deflationists are taking one look at the following chart of the global money supply (as shown most recently by DB’s Jim Reid) and after seeing the clear determination of central […]

  • Alleged Russian Satellite Weapon Test Has Put US Space Force On ‘High Alert’

    ZeroHedge - Aug 1st 2020 1:30pm EDT

    Alleged Russian Satellite Weapon Test Has Put US Space Force On ‘High Alert’ Tyler Durden Sat, 08/01/2020 – 13:30 FT is out with this alarming and intriguing headline: “Russia satellite weapon test reignites space arms race fears,” and meanwhile FOX writes that the latest ‘mysterious’ Russian test of an anti-satellite weapon in orbit has put the […]

  • The Dual Mandate Of The Fed “Appears To Be The S&P 500 And Nasdaq”

    ZeroHedge - Aug 1st 2020 1:00pm EDT

    The Dual Mandate Of The Fed “Appears To Be The S&P 500 And Nasdaq” Tyler Durden Sat, 08/01/2020 – 13:00 Authored by Sven Henrich via NorthmanTrader.com, With a furious rally in the last hour (when else?) markets closed the month of July slightly above the June highs bringing the S&P 500 to green on the […]

  • Red Flags Soar As Big Pharma Will Be Exempt from COVID-19 Vaccine Liability Claims 

    ZeroHedge - Aug 1st 2020 12:35pm EDT

    Red Flags Soar As Big Pharma Will Be Exempt from COVID-19 Vaccine Liability Claims  Tyler Durden Sat, 08/01/2020 – 12:35 Last week we warned readers to be cautious about new COVID-19 vaccines, highlighting how key parts of the clinical trials are being skipped as big pharma will not be held accountable for adverse side effects for […]

  • Supreme Court Sides With Trump, Denies Request To Halt Border Wall Construction

    ZeroHedge - Aug 1st 2020 12:10pm EDT

    Supreme Court Sides With Trump, Denies Request To Halt Border Wall Construction Tyler Durden Sat, 08/01/2020 – 12:10 Authored by Allen Zhong via The Epoch Times, The U.S. Supreme Court on Friday rejected a request to halt the construction of the border wall along the US-Mexico border. In a 5-4 ruling on ideological lines, with five conservatives […]

  • Pompeo Vows US To Take “Necessary Action” If UN Arms Embargo On Iran Ends

    ZeroHedge - Aug 1st 2020 11:45am EDT

    Pompeo Vows US To Take “Necessary Action” If UN Arms Embargo On Iran Ends Tyler Durden Sat, 08/01/2020 – 11:45 For months the US has been in a full court diplomatic press on fellow UN Security Council members in an attempt to ensure that a UN arms embargo against Iran does not expire.  The embargo […]

  • US COVID-19 Deaths Top 1k For 5th Day As US Outbreak Slows, Europe Accelerates: Live Updates

    ZeroHedge - Aug 1st 2020 11:33am EDT

    US COVID-19 Deaths Top 1k For 5th Day As US Outbreak Slows, Europe Accelerates: Live Updates Tyler Durden Sat, 08/01/2020 – 11:33 Summary: Florida deaths top 7k Poland suffers 3rd record jump in COVID-19 cases Germany sees “R” rate hit 1.06 Tokyo reports 472 Russia hopes to start mass vaccinations in October * * * […]

  • Memo From Insiders: Dear Bagholders, Thanks For Buying Our Shares At The Top

    ZeroHedge - Aug 1st 2020 11:20am EDT

    Memo From Insiders: Dear Bagholders, Thanks For Buying Our Shares At The Top Tyler Durden Sat, 08/01/2020 – 11:20 Authored by Charles Hugh Smith via OfTwoMinds blog, The self-sustaining recovery is a fantasy that’s evaporated. What looks like a powerful, can’t-lose rally to newbies is recognized as distribution by old hands. In low-volume markets (as in the past […]

  • ByteDance Caves To Trump, Agrees To Sell 100% Of TikTok To Microsoft

    ZeroHedge - Aug 1st 2020 10:55am EDT

    ByteDance Caves To Trump, Agrees To Sell 100% Of TikTok To Microsoft Tyler Durden Sat, 08/01/2020 – 10:55 President Trump’s insistence that the White House will ban the social-media app TikTok from the US triggered a wave of hysteria among users of the app: whatever will the American teens who built enormously valuable brands sharing […]

  • The Dark Side Of The Cashless Society

    ZeroHedge - Aug 1st 2020 10:30am EDT

    The Dark Side Of The Cashless Society Tyler Durden Sat, 08/01/2020 – 10:30 Authored by Addison Wiggin via The Daily Reckoning, Real quick, grab a $100 bill from your wallet. OK, humor me, any bill will do. What do you see? I’d tell you what I see, but when I grab my Book Book, which […]

  • US Africa Command Ordered To Leave Germany As Part Of Troop Draw Down Fallout

    ZeroHedge - Aug 1st 2020 10:08am EDT

    US Africa Command Ordered To Leave Germany As Part Of Troop Draw Down Fallout Tyler Durden Sat, 08/01/2020 – 10:08 “U.S. Africa Command has been told to plan to move,” AFRICOM commander Army Gen. Stephen Townsend said in a new statement. Part of the fallout to Trump’s controversial order to move some 12,000 troops from […]