Zero Hedge

Zerohedge.com

Contributor since: 21 Jun 2018

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• Equifax To Pay $700 Million To Settle Data Breach Case

  Published 22 July 2019 | viewed 2,368 times

  It was the biggest hack of private data in modern history, and now, two years later, Equihacks Equifax has agreed to pay up to $700 million to…

• Amazon Faces European Union Anti-Trust Probe

  Published 17 July 2019 | viewed 1,907 times

  Now that the EU's anti-trust regulator is finished fining the bejeezus out of Alphabet, the European Commission is turning its attention to another American tech giant: Amazon. The…

• Central Banks Are Stashing Gold And Dumping Treasuries

  Published 12 July 2019 | viewed 3,909 times

  Currently China holds well north of $1 TRILLION in U.S. Treasuries – debt – that you and I, the tax payers of this country, send…

• Warning Signs Emerge For Boeing

  Published 10 July 2019 | viewed 2,493 times

  All eyes on what Powell tells Washington today, but a number of Porridge Readers called to tell me I’m wrong about summer risks! They think…

• Box Office Revenue Is Plummeting

  Published 08 July 2019 | viewed 3,674 times

  Domestic box office revenue through June 30 plunged 9.4% YoY, while ticket sales for 1H19 dropped 7.3% following "franchise fatigue infecting titles such as Godzilla: King…

• Where Are America's Fireworks Actually Coming From?

  Published 04 July 2019 | viewed 2,068 times

  For people aiming to "buy American" for Independence Day this year, it might prove difficult to obtain U.S.-manufactured fireworks. As Statista's Niall McCarthy notes, most of the bottle…

• London Bankers Brace For Mass Layoffs

  Published 03 July 2019 | viewed 3,534 times

  Yesterday, we reported about the increasingly dejected atmosphere at Deutsche Bank's Wall Street headquarters, where the looming fear that the bank is going to gut, shutter or…

• Tension Between U.S. And India Grows Ahead Of G20 Summit

  Published 27 June 2019 | viewed 1,978 times

  President Trump ratcheted up tension between the United States and India in a Thursday Tweet before a planned meeting with Prime Minister Narendra Modi at…

• Using Chrome? You May Be Sacrificing Your Privacy

  Published 24 June 2019 | viewed 5,851 times

  Google's Chrome is essentially spy software according to Washington Post tech columnist Geoffrey Fowler, who spent a week analyzing the popular browser and concluded that it "looks a lot…

• Americans Are On A Crash-Course With Credit Card Debt

  Published 19 June 2019 | viewed 5,540 times

  Student-loan debt hit an all-time high of $1.4 trillion in the first quarter of 2019, Experian claims. Considering that this is an increase of 116 percent…

• Kremlin Moves To Dump The Dollar

  Published 13 June 2019 | viewed 3,960 times

  This is twice that Russian President Putin has said on the global stage the Federal Reserve Note no longer deserves the status and privilege of “world reserve currency” that…

• Los Angeles Ports Are Overflowing With Inventory

  Published 12 June 2019 | viewed 3,878 times

  President Trump's trade war has produced a logistical nightmare for American importers at Southern California ports. Marisa Bedrosian Kosters, an executive at an Anaheim, Calif.-based…

• Why Have Americans Stopped Moving?

  Published 10 June 2019 | viewed 4,314 times

  A new study identifies powerful psychological factors that connect people to places, and mean more to them than money... Mobility in the United States has fallen…

• World's Central Banks Scramble To Buy Gold As Confidence In U.S. Slips

  Published 07 June 2019 | viewed 3,900 times

  Central banks are among the largest purchasers of gold. So far in 2019, they have bought 145.5 tons of gold, which is more, in a quarter of a year, than…

• China’s Unconventional Trade War Weapon

  Published 05 June 2019 | viewed 3,027 times

  Travel from China to the U.S. fell 5.7% in 2018 to 2.9 million visitors, according to the National Travel and Tourism Office (NTTO) data first…

• Mexican Tariffs Could Cause Corona And Modelo Beer Prices To Spike

  Published 04 June 2019 | viewed 4,523 times

  Last Thursday, President Trump tweeted he would impose a 5% tariff on all goods coming from Mexico starting next Monday [June 10] "until such time as illegal…

• The Worst-Case Trade War Scenario

  Published 03 June 2019 | viewed 2,624 times

  While economists, having finally taken the threat of trade war seriously, are trying to calculate whether a worst case scenario in the Chinese trade war…

• Beijing’s Plan To Disrupt Rare-Earth Exports

  Published 31 May 2019 | viewed 4,853 times

  Despite last night's disappointing PMI print, the latest sign that the trade-war backlash is hurting the mainland economy (especially since the credit injections from earlier this…

• Is Asia About To Create Its Own Common Currency?

  Published 30 May 2019 | viewed 5,113 times

  For years, gold bulls had speculated that China has been quietly piling up physical gold, awaiting the moment to unveil a gold-backed currency, either after…

• Amazon Set To Leave Many Of Its Long-Time Vendors

  Published 28 May 2019 | viewed 3,008 times

  Amazon is set to purge many of its small suppliers over the next few months, according to Bloomberg. The purge could shatter the generally favorable relationship…