In the aftermath of the great Commercial Paper panic of 2020, which erupted over the past two weeks when initially the Fed failed to launch a Commercial Paper backstop facility...
• https://www.targetliberty.com, By Daniel McAdams
Just spoke with relatives in California who were sick of being shut up inside Gulag California with nothing to buy at the stores, so they decided to seek out a restaurant that actually allowed willing customers to enjoy their food inside the establis
Just the ticket! Drive-in movie theaters are rebooting for a new generation as people can enjoy films from a distance after indoor theaters are closed amid coronavirus pandemic
The nerve of it is a wonder to behold. The US airline industry has spent a decade shoving itself into harm's way by strip-mining their balance sheets to fund share buybacks and goose top executive stock options.
If you're interested in knowing, you can go to the Bureau of Labor Statistics and find out how many people worked in these occupations the last time the data were compiled. From that number, you can make a reasoned guess as to how many are now out
In the aftermath of the great Commercial Paper panic of 2020, which erupted over the past two weeks when initially the Fed failed to launch a Commercial Paper backstop facility, something it did with a two day delay on Tuesday, countless blue chip (a
While we have certainly had our share of dismal fund returns in the past two weeks, in the aftermath of a market crash that is now worse than the Great Depression, so far one thing was missing: a big blow up, where a fund is margined out and forced t
According to a number of cognitive scientists, mankind uses its unique ability to reason primarily for justifying pre-held convictions, rather than for forming convictions.
A day after the Big 3 shutdown factories amid the virus lockdown, Ford is out with a kitchen sink 8K as it braces to ride out the worsening economic situation in the US (and worldwide):
The next stimulus deal will include targeted lending for certain industries, which Senate Majority Leader Mitch McConnell (R-KY) called a "rapid injection of cash" for small businesses, according to Bloomberg.
• https://www.msn.com, Robert Costa, Philip Rucker
The novel coronavirus is redefining Donald Trump's presidency eight months before he stands for reelection as he wagers that the potentially largest rescue package in U.S. history could protect the American people from the economic carnage brought
People need to be off the streets of Newark, New Jersey, every night at 8 p.m. and non-essential businesses need to shut down completely until further notice, the mayor announced on Wednesday night.
The chairman of Arizona's Asian Chamber of Commerce didn't see much downside to attending a small dinner at a local restaurant to bolster the business and bring together other leaders to discuss how to help Asian-American eateries devastated by t
One Las Vegas strip club is staying open amid a 30-day shutdown recommended by Gov. Steve Sisolak and taking social distancing to another level by offering drive-through strip shows.
The sheriff instead said the company can "maintain minimum basic operations per the Alameda County Health Order", which basically means that the company can only maintain its inventory, ensure security and make payroll.
At the start of the 20th century, JP Morgan (the person) was instrumental in letting electric lamps shine on America thanks to his collaboration with Thomas Edison which unleashed electricity, and culminated in the formation of General Electric.
Zero Hedge readers have likely been following the ongoing saga involving Tesla, where it appeared as of today that Elon Musk was going to keep the company's Fremont factory open despite an Alameda County order requiring businesses to lockdown due to
Relax! San Francisco's cannabis dispensaries are declared 'essential' and will be allowed to stay open during coronavirus lockdown for medicinal and recreational users
We already know that Elon Musk thinks the coronavirus panic is "dumb". We also know Tesla's track record for keeping a safe work environment is less than stellar.
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