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"Apple Has Become What It Once Railed Against": Fortnite Maker Epic Games Sues Over App Store Ban

"Fast forward to 2020, and Apple has become what it once railed against: the behemoth seeking to control markets, block competition, and stifle innovation..."

  • Aug 13, 2020 4:15 PM

Bonds & Stocks Battered After Bombed Auction, Silver Soars

  • Aug 13, 2020 4:00 PM

David Portnoy Says Bitcoin Is Going To "12000000000"

A number that would make Tom Lee blush...

  • Aug 13, 2020 3:45 PM

Chinese City Finds Traces Of COVID-19 On Chicken-Wing Packaging

Here we go again...

  • Aug 13, 2020 3:12 PM

America's Biggest Companies Fear Trump's WeChat Ban Will Cut Them Off From World's Largest Market

"They are going to be held at a severe disadvantage to every competitor..."

  • Aug 13, 2020 2:30 PM

Point72 "Urgently" Asking Brokerages For User Data After Robinhood Kills Off RobinTrack

Cohen's fund is not the only one who has reached out to other platforms over the last 48 hours. 

  • Aug 13, 2020 1:50 PM

Three Questions To Ask Before You Declare The Gold Bull Dead

If you answer no to any of these questions, pronouncing last rights on the gold bull market might be premature...

  • Aug 13, 2020 1:30 PM

Treasuries Tumble After 30Y Auction Bombs

An unexpectedly ugly auction.

  • Aug 13, 2020 1:18 PM

In Transformational Shift, The BOJ Gives Up On Negative Rates As It Now Pays Banks To Lend

"In the grand scheme of things, we could see this as a policy normalisation as well as enhancing support for banks."

  • Aug 13, 2020 1:10 PM

Competition Secured: Cadillac's Stunning New Electric SUV Will Start At Under $60,000

And we bet the bumper even stays on in the rain!

  • Aug 13, 2020 11:50 AM

Soros Reveals How He's Invested Amid "Fed Liquidity Bubble"; Says Trump "Very Dangerous"

"I will also say that I have put my faith in Trump to destroy himself, and he has exceeded my wildest expectations."

  • Aug 13, 2020 10:22 AM

Bankruptcies And Unpaid Rents Cost Mall Landlords Hundreds Of Millions In Q2

Among the numbers reported by REITs this week, for perhaps the most tumultuous quarter the industry has experienced in modern memory, here's a stunner: 10,500. That's how many total shopping days Simon lost across its portfolio during Q2. 

  • Aug 13, 2020 10:15 AM

After "Extraordinary Event" Crushes Traders, Credit Suisse Forced To Accelerate "Berserk" NatGas ETN

... this means because Credit Suisse was completely lazy, greedy and incompetent, some traders are about to eat a 99% loss if they bought in the last few days...

  • Aug 13, 2020 10:05 AM

Apple Launches Unprecedented Second Bond Offering To Fund Billions In Buyback: How Much Will The Fed Buy

Thanks you Fed for fighting inequality by making the rich richer.

  • Aug 13, 2020 9:59 AM

Futures Drop From All Time High As Concerns Over Stimulus Stalemate Grow

"Even if we did get a new record today, the lack of liquidity in August would detract from the credibility of such a move."

  • Aug 13, 2020 7:58 AM

Mnuchin Begs For Coins Amid Shortage; Avoid Depositing These Pennies

The Kyle Bass trade is back... Pennies from 1909-1982 are worth more in scrap...
 

 

 

  • Aug 13, 2020 5:30 AM

Despite The Diplomatic Bluster, China's State-Run Banks Are Quietly Complying With Trump's Hong Kong Sanctions

Bank of China, China Construction Bank, and China Merchants Bank have turned cautious on opening new accounts for the 11 recently sanctioned HK officials, including Lam, and at least one bank has suspended such activity

  • Aug 12, 2020 10:45 PM

China's Central Bank Has Quietly Launched Its Own QE

"There’s a possibility that the central bank has bought sovereign bonds."

  • Aug 12, 2020 9:25 PM

$15 Billion In Federal Funding Flows Into Just Five Major U.S. Cities Where Civil Unrest Looms & Police Stand Down

Auditors at OpenTheBooks.com quantified $14.8 billion in federal contracts and grants flowing into five major cities where civil unrest looms and policing is restrained: Seattle, Portland, New York, Washington, D.C., and San Francisco.

  • Aug 12, 2020 9:05 PM

Attention Broke Millennials: Roundtrip Airfare Has Never Been Lower

There's just one problem... 

  • Aug 12, 2020 8:45 PM

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