Small Businesses Feel The Impact Of Rising Rates With 38% Unable To Pay Rent On Time
One of the first tangible impacts of the 2023 banking crisis, coupled with the effects of the Federal Reserve’s now year-long series of rate increases, may be a spike in rent delinquencies among small businesses. According to a survey of more than 3,800 randomly selected small business owners conducted over the period March 4 through […]
Andrew Tate Released From Prison, Placed on House Arrest
Self-professed misogynist Andrew Tate and his brother Tristan were released from prison and placed under house arrest for 30 days. After spending three months behind bars over sex-trafficking and rape allegations, the Bucharest Court of Appeal ruled in favour of releasing the Tate brothers from prison, following two unsuccessful appeal attempts. “They will be placed […]
Prince Harry Among Celebrities That Claim Daily Mail Publisher Bugged Their Homes
Britain’s Prince Harry made an unexpected appearance at the UK High Court on Monday morning to support his case against Daily Mail publisher Associated Newspapers (ANL). This was the first time the Duke of Sussex was publicly seen in London since the Queen’s funeral in September. The duke is among a group of celebrities including […]
Goodbye US Dollar: China, France Complete First LNG Transaction In Yuan
China and France have successfully completed the first cross-border yuan settlement for liquefied natural gas (LNG) trade, a milestone that could boost the use of the Chinese currency in the global market. The transaction was facilitated by TotalEnergies, a French energy company, and the China National Offshore Oil Corporation, a Chinese state-owned enterprise. The transaction […]
Cracker Barrel Gets Tired of Theft, Leaves Portland
Cracker Barrel, the Tennessee-based restaurant chain, has announced it’s closing all remaining locations in Portland, Oregon, citing concerns over rising crime and the ongoing issue of retail theft. The company’s decision comes in light of numerous reports from Oregon newspapers showed an increase in retail theft in the city, as well as a decline in […]
Does Lucid Motor’s Headcount Cuts Suggest Weak Demand For It’s EV’s?
Lucid Group, Inc. (NASDAQ: LCID) stock is down more than 85% from its all-time highs in November 2021 and 79% from year-end 2021, yet investors continue to ignore the full implications of negative industry data and Lucid’s own disappointing news releases. Keep in mind that after factoring in Lucid’s 1.83 billion shares outstanding, the company still carries […]
EU Votes To Limit Crypto Transactions Of Unverified Users At €1,000 While “BitMan” Lit Up The Eurotower With Bitcoin Logo
EU lawmakers voted to impose a €1,000 restriction on cryptocurrency transactions if the customer cannot be verified. Members of the European Parliament from the Economic and Monetary Affairs Committee and the Civil Liberties, Justice, and Home Affairs Committee adopted positions on three pieces of draft legislation on the financing provisions of the EU Anti-Money Laundering […]
From RSS to Robo-Pinkerton: Feedly AI Invites You to Track Protests “Posing Risks to Your Company’s Assets”
Researcher Rick Claypool couldn’t help but draw on the Pinkerton analogy when he discovered that Feedly the news aggregator apparently launched artificial intelligence models that let users “keep up with protests, riots, and strikes” that are “posing a risk to your company’s assets.” The models, called Protests and Violent Protests use AI to crawl “millions […]
US House of Representatives Vote to Protect … Gas Stoves
It looks like House Republicans have won the war to protect gas stoves from the Department of Energy (DOE). In a 251-181 vote, the House of Representatives on Wednesday passed an amendment to a larger energy bill that would prevent the DOE from implementing efficiency standards on gas stoves. 29 Democrats supported the measure. The […]
Sam Burns: Stocks Are Not As Risky As People Think
Closing out the Daily Dive this week is Sam Burns, founder and chief strategist of Mill Street Research. Sam returns to share his insights on some recent headlines: Amazon’s supposed plans to acquire AMC, the impact of what’s going on with Binance in the crypto space, bank failures and their effect on recession risks, and […]