Investors are fleeing long-dated U.S. treasury bonds and notes at the fastest rate since the depths of the COVID War in 2020 as the rising national debt sours views of the economy’s long-term health.
Author: admin
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U.S. ECONOMY SHRANK MORE IN FIRST QUARTER THAN REPORTED
The U.S. economy contracted by 0.5 percent in January through March, not the 0.2 percent originally estimated, the Commerce Department reported.
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GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that will profoundly affect the business community this year.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
More than 63K people have been laid off in the tech industry this year, according to layoff tracking website layoffs.fyi. Intel adds to the job cuts this week with 170 layoffs in Santa Clara, Calif. and 195 layoffs in Ireland.
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GAZA DEATH TOLL
Israel, with the full support from the U.S. killed at least 56,500 Palestinians in Gaza and wounded another 133,419. There are at least 11,000 missing.
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WHO: ORIGIN OF COVID-19 STILL INCONCLUSIVE, KEY INFORMATION HAS ‘NOT BEEN PROVIDED’
Dr. Tedros Adhanom Ghebreyesus, the head of the World Health Organization (WHO), announced the results of a yearslong study into the origins of SARS-CoV-2 (COVID-19) that was inconclusive because of the lack of information that has been provided by countries.
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MICROPLASTICS ARE EVERYWHERE
Researchers studied previous reports on microplastics and their prevalence in food ingested by humans and found a clear correlation between food storage and reuse to the amount of these particles found in food products.
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IRAN: ISRAEL HAD NO CHOICE BUT TO RUN TO ‘DADDY’ OR BE ‘FLATTENED’
Abbas Araghchi, Iran’s foreign minister, mocked Israel’s reliance on the U.S. in its 12-day war with Tehran, and said Tel Aviv was forced to run to “Daddy” for protection—a reference to NATO’s Mark Rutte’s embarrassing moment with U.S. President Donald Trump during a summit last week.
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TRUMP CELEBRATES ISRAELI COURT’S DECISION TO POSTPONE NETANYAHU’S TRIAL AFTER THREATENING TO WITHHOLD U.S. BILLIONS
Money talks and bullshit walks.
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‘PEACE’ PRESIDENT TRUMP COMPARES BOMBING IRAN TO HIROSHIMA, NAGASAKI
U.S. President Donald Trump last week compared the U.S. bombing of Iranian nuclear sites to the Truman administration’s decision to drop atomic bombs on Hiroshima and Nagasaki at the end of WWII.