From: zerohedge Treasury Estimates $1.3 Trillion In Borrowing Needs For The Remainder Of 2024 | ZeroHedge Ahead of today’s big event – the Treasury borrowing estimates publication – we said not to expect any fireworks and also that unlike recent spikes, the most likely range of calendar Q3 and Q4 borrowing estimates is $750BN for […]

From: zerohedge US Hits Record High Electricity Generation From Natural Gas | ZeroHedge On July 9, 2024, U.S. power plant operators in the Lower 48 states generated 6.9 million MWh of electricity from natural gas, marking a record high since the collection of hourly data began on January 1, 2019. This surge in natural gas-fired […]

From: zerohedge “Increasingly Cautious Consumer”: Polaris Shares Crash As High Interest Rates Crush Demand For ATVs & Jetskis | ZeroHedge A toxic trifecta of high interest rates, elevated inflation, and increasingly cautious dealers and consumers led Polaris to report dismal second-quarter results. The earnings miss and reduced full-year forecast for sales and profit indicate the once-thriving […]

From: zerohedge A Big Wreck Is About To Happen At The Intersection Of Artificial Intelligence Boulevard And Net Zero Avenue | ZeroHedge The Big Green Grift, the Energiewende and all the other green energy scams are about to be slowly shuttled aside because we need massive amounts of new energy these schemes cannot deliver. Moreover, […]

From: zerohedge Musk Announces X To Sue ‘Perpetrators And Collaborators’ Behind Advertising Censorship Cartel | ZeroHedge Elon Musk announced on Thursday that social media platform X will sue ‘perpetrators and collaborators’ who have colluded to control online speech, as revealed on Wednesday by an interim staff report released by the House Judiciary Committee. “Having seen […]

From: zerohedge Bidenomics? Business Bankruptcies Jump 34% In First Half Of 2024 | ZeroHedge Bankruptcy filings by commercial entities grew by more than a third this year as businesses struggled under an environment of high costs and interest rates, according to the American Bankruptcy Institute (ABI). A total of 3,016 commercial Chapter 11 bankruptcies were […]

From: zerohedge “Getting Fully Valued”: Nvidia Receives Rare Downgrade  | ZeroHedge Nvidia’s price surge over the past 18 months mirrors the exuberance of the ‘Roaring Twenties,’ particularly the bull market of the late 1920s, and is reminiscent of Radio Corporation of America’s meteoric rise following the emergence of the radio industry.  According to a recent […]

From: zerohedge Crypto Crashes As Mt. Gox Begins Repayments, Long Liquidations Soar As BTC Breaks Key Technical Support | ZeroHedge Just over a week after initial rumors – and wallet movements – sent bitcoin prices lower, Mt. Gox – the collapsed crypto exchange – officially began repaying its debts yesterday (on one of the most […]

From: zerohedge DOJ To Offer Boeing “Sweetheart Plea Deal” For Criminal Fraud As Boeing Agrees To Buy Spirit Aero For $4.7BN | ZeroHedge Boeing has finally hit rock bottom. The US Department of Justice will charge Boeing with criminal fraud, Bloomberg reported, leaving the planemaker to choose between pleading guilty or taking the risk of going to […]

From: zerohedge SEC Receives Record Number Of Whistleblower Tips | ZeroHedge The Securities and Exchange Commission (SEC) received more than 18,000 tips from whistleblowers reporting violations of securities laws last year. As Statista’s Florian Zandt shows in the chart below, based on SEC data, this is by far the highest number of tips since 2012. The SEC pays […]