News From ZeroHedge, Page 3143

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  • Bailouts Secured: Bezos Wealth Soars By $24 Billion As 17 Million Americans Lose Their Jobs

    ZeroHedge - Apr 15th 2020 9:10pm EDT

    Bailouts Secured: Bezos Wealth Soars By $24 Billion As 17 Million Americans Lose Their Jobs As the middle class gears up to once again unknowingly bail out the world via way of inflating the money supply, the rich are doing what they do during bailouts: getting richer. In fact, just a week after 17 million […]

  • Americans Need A Trampoline, Not A UBI Mattress

    ZeroHedge - Apr 15th 2020 8:50pm EDT

    Americans Need A Trampoline, Not A UBI Mattress Authored by Gonzalo Schwarz via InsideSources.com, As governments around the world take unprecedented actions to address the coronavirus pandemic, one idea that is being floated as an ideal fix for this crisis is the adoption of a Universal Basic Income (UBI). Adopting a UBI as a means to solve […]

  • Fox News Reports Coronavirus Originated In Wuhan Lab

    ZeroHedge - Apr 15th 2020 8:22pm EDT

    Fox News Reports Coronavirus Originated In Wuhan Lab Fox News reports that COVID-19 originated in the Wuhan Institute of Virology and that “patient zero” was a lab employee who became infected before spreading it in the community – just as we have reported repeatedly over the past three months, in exchange for which Twitter’s “appropriate […]

  • Tverberg: Why Economies Won’t Be Able To Recover After Shutdowns

    ZeroHedge - Apr 15th 2020 8:10pm EDT

    Tverberg: Why Economies Won’t Be Able To Recover After Shutdowns Authored by Gail Tverberg via Our Finite World blog, Amid all the clamoring for shutdowns to prevent the spread of COVID-19, there is one major difficulty, however – once an economy has been shut down, it is extremely difficult for the economy to recover back […]

  • “Major Blow To US”: Large Group Of US-Backed Fighters ‘Defect’ To Assad Forces 

    ZeroHedge - Apr 15th 2020 7:50pm EDT

    “Major Blow To US”: Large Group Of US-Backed Fighters ‘Defect’ To Assad Forces  The brutal proxy war in Syria, which has had the deep involvement of American intelligence and the Pentagon, has been wrapping up after grinding on for nine years. With the coronavirus pandemic now completely taking over the news cycle, and as Washington […]

  • Rabobank: Can Everyone Be Paid To Do Nothing While Markets Hit All Time Highs

    ZeroHedge - Apr 15th 2020 7:38pm EDT

    Rabobank: Can Everyone Be Paid To Do Nothing While Markets Hit All Time Highs We live in an upside down, where investing is dead (and these days means merely buying what the Fed will buy as the world’s largest asset manager was kind enough to explain), where billionaires who benefited from the Fed’s generosity for […]

  • China Gleeful That 4 US Carriers Hampered By COVID-19, Boasts PLA Navy “Not Impacted”

    ZeroHedge - Apr 15th 2020 7:10pm EDT

    China Gleeful That 4 US Carriers Hampered By COVID-19, Boasts PLA Navy “Not Impacted” The US carrier outbreak aboard the USS Theodore Roosevelt is now a major military disaster, with nearly 600 confirmed Covid-19 infections among sailors reported as of Tuesday, including one death and at least four hospitalizations. As the outbreak among the approximately 4,860 crew […]

  • $3.5 Billion Has Flowed From U.S. Taxpayers To The World Health Organization Since 2010

    ZeroHedge - Apr 15th 2020 6:55pm EDT

    $3.5 Billion Has Flowed From U.S. Taxpayers To The World Health Organization Since 2010 Submitted by Adam Andrzejewski, first published in Forbes With his recent vow to halt and reassess all aid to the World Health Organization (WHO), President Trump legitimized critics who allege that the agency shielded information from the world about the lethality […]

  • These Are The Jobs With The Highest COVID-19 Risk

    ZeroHedge - Apr 15th 2020 6:40pm EDT

    These Are The Jobs With The Highest COVID-19 Risk Many individuals have been practicing social distancing by working from home in recent weeks. While this arrangement can be a great way to reduce one’s exposure to COVID-19, it’s a luxury that’s available to just 29% of Americans. And, as Visual Captalist’s Marcus Lu notes, the situation for […]

  • Google Subpoenaed For Hillary Clinton Emails Believed To Contain Backup To Records Scrubbed With “Bleachbit”

    ZeroHedge - Apr 15th 2020 6:25pm EDT

    Google Subpoenaed For Hillary Clinton Emails Believed To Contain Backup To Records Scrubbed With “Bleachbit” Google has been ordered to turn over all Hillary Clinton emails from a Gmail account believed to contain backups to communications from her personal server which her IT specialist, Paul Combetta, reportedly scrubbed using BleachBit. Combetta allegedly used the Google […]

  • US Mint Halts All Production Over Virus Fears As Gold & Silver Coin Demand Nears Record Highs

    ZeroHedge - Apr 15th 2020 6:10pm EDT

    US Mint Halts All Production Over Virus Fears As Gold & Silver Coin Demand Nears Record Highs Just as the premium between physical and paper precious metals prices was starting to fade a little, the US Mint has decided to temporally halt all production at its West Point facility in New York because of the […]

  • Mexico Downgraded To Just One Notch Above Junk On Imminent “Severe Recession”

    ZeroHedge - Apr 15th 2020 5:41pm EDT

    Mexico Downgraded To Just One Notch Above Junk On Imminent “Severe Recession” While Mexico scored a dramatic, if mostly symbolic, victory in its “Mexican standoff” with Saudi Arabia over the weekend, when the oil producer who famously hedges its output every year in preparation for the worst received an exemption from the uniform 23% production […]

  • US May Pay Shale Drillers Billions To Leave Oil In The Ground

    ZeroHedge - Apr 15th 2020 5:26pm EDT

    US May Pay Shale Drillers Billions To Leave Oil In The Ground If one listened to the US president, or any other member of OPEC+ in the past few days, this weekend’s history production cut deal (which we said was not nearly enough to offset the plunge in global demand), would have been sufficient to […]

  • Is COVID-19 The ‘Squeeze Play’ On The Population?

    ZeroHedge - Apr 15th 2020 5:25pm EDT

    Is COVID-19 The ‘Squeeze Play’ On The Population? Authored by Jon Rappoport via LewRockwell.com, It’s a con as old as the hills. The ancient chieftain of a little territory looks out across his domain and says to his top aide, “You know, we have these clusters of people worshiping different gods. That’s not good for […]

  • Shocking New Documents Prove China Deliberately Withheld Critical Coronavirus Info

    ZeroHedge - Apr 15th 2020 5:05pm EDT

    Shocking New Documents Prove China Deliberately Withheld Critical Coronavirus Info The last few days have exhibited some of the most intense sniping between President Trump and the American media, as the media – via reports in WaPo and NYT – goes all-in on the “Trump screwed up” narrative, while President Trump hews to the “it […]

  • Watch Live: White House Coronavirus Task Force Holds Wednesday Briefing

    ZeroHedge - Apr 15th 2020 4:55pm EDT

    Watch Live: White House Coronavirus Task Force Holds Wednesday Briefing Update (1705ET): As we wait for the meeting to begin, we’d like to highlight this Bloomberg report from earlier claiming that the president has abandoned the idea of forming a second task force to focus on reopening the economy – a trial balloon that elicited […]

  • Treasury Cash Balance Soars To Record $959 Billion Following Bill Issuance Tsunami

    ZeroHedge - Apr 15th 2020 4:46pm EDT

    Treasury Cash Balance Soars To Record $959 Billion Following Bill Issuance Tsunami It’s not just corporations that are scrambling to raise liquidity as fast as they possibly can (by drawing down on their bank revolver): so is the US Treasury. After fluctuating between $300 and $400 billion since last October (which in turn was a […]

  • Will You Resume Normal Daily Activities Once The COVID-19 Restrictions Are Finally Lifted?

    ZeroHedge - Apr 15th 2020 4:45pm EDT

    Will You Resume Normal Daily Activities Once The COVID-19 Restrictions Are Finally Lifted? Authored by Michael Snyder via The Economic Collapse blog, COVID-19 has turned all of our lives upside down, and most people are quite eager for a return to normalcy.  But as you will see below, fear of the coronavirus is going to […]

  • Lockdown-Backlash Begins: Angry Crowd Surrounds Capitol, Demands Michigan Governor Reopen Economy

    ZeroHedge - Apr 15th 2020 4:30pm EDT

    Lockdown-Backlash Begins: Angry Crowd Surrounds Capitol, Demands Michigan Governor Reopen Economy As we have noted, the evolution of the virus pandemic is not just a public health crisis nor a financial meltdown but could transform into a social unraveling. And, oh boy, it appears we could be right.  But before we cover today’s events. Several […]

  • Japanese Holdings Of US Treasuries Hit Record Highs, China Big Buyer Too In Feb

    ZeroHedge - Apr 15th 2020 4:17pm EDT

    Japanese Holdings Of US Treasuries Hit Record Highs, China Big Buyer Too In Feb The Treasury’s report on cross-border capital flows showed total foreign ownership of Treasuries rose $209.7 billion from January, to $7.067 trillion with Japan, UK, Hong Kong, and China the biggest buyers in February (ahead of the main virus impacts). The breakdown is […]

  • Stocks Stumble At Critical Level After Economic Data Crashes At Record Pace

    ZeroHedge - Apr 15th 2020 4:00pm EDT

    Stocks Stumble At Critical Level After Economic Data Crashes At Record Pace Today was a bloodbath for economic data (and that is before tomorrow’s horrific continuation of jobless claims) with almost every item experiencing record collapses (from Empire Fed to Retail Sales to Homebuilder and Homebuyer Sentiment). In fact the last four weeks – despite […]

  • Here’s How To Monitor The Status Of Your Federal Stimulus Check

    ZeroHedge - Apr 15th 2020 3:50pm EDT

    Here’s How To Monitor The Status Of Your Federal Stimulus Check Since Trump signed the $2.2 trillion “CARES Act” into law, millions of Americans – especially the roughly 1 in 10 who have lost their jobs during the fallout of the coronavirus outbreak – have been eagerly awaiting the arrival of their stimulus payments. While […]

  • Meet “Anonymous” – And Here’s How Trump Aides Outed Her

    ZeroHedge - Apr 15th 2020 3:35pm EDT

    Meet “Anonymous” – And Here’s How Trump Aides Outed Her Authored by Paul Sperry via RealClearInvestigations Ever since a “senior official in the Trump administration” penned an anonymous 2018 New York Times column attacking President Trump as unfit for office, Washington has been engrossed in a high-stakes whodunit. After an exhaustive investigation, the White House […]

  • Houston: The Banks Have A Huge Problem

    ZeroHedge - Apr 15th 2020 3:25pm EDT

    Houston: The Banks Have A Huge Problem For many years after the financial crisis, US commercial banks were mocked when instead of generating earnings the old-fashioned way, by collecting the interest arb on loans they had made, or even by frontrunning the Fed with their prop (and flow) trading desks, they would “earn” their way […]

  • Whitney Tilson Congratulates Himself For Calling The Market Bottom

    ZeroHedge - Apr 15th 2020 2:50pm EDT

    Whitney Tilson Congratulates Himself For Calling The Market Bottom Whitney Tilson wants you to know that he called the stock market bottom. Or the coronavirus top. Either way, Tilson swears he was right about something and he needs you to know it.  Tilson, famous for blowing up two hedge funds before becoming a newsletter writer, […]