Last Goodbye: Microsoft Permanently Disables Internet Explorer Desktop App
It feels like we’ve been saying goodbye to Internet Explorer forever, but this time it’s really the end for the MySpace of browsers. Microsoft (Nasdaq: MSFT) announced on Tuesday that it has permanently disabled the desktop version of the app “on certain versions of Windows 10” through a Microsoft Edge update. The company noted that […]
Bolsonaro Plans to Return to Brazil in March to Lead Opposition – But Has Renewed His US Visa Just in Case
It didn’t take long for former Brazilian President Jair Bolsonaro to flee to Florida after leftist leader Luiz Inácio Lula da Silva won — but only by the skin of his teeth — the presidential race. He left on December 30th, days before Lula was sworn into office, and the former president has been mostly, […]
Toilet Paper in Danger … Again, But This Time It’s the Housing Market’s Fault
The housing market slump is a real pain in the butt — it’s even making toilet paper more expensive. With less demand for new houses, the need for lumber slows. As lumber falls into slumber and futures drop over 60% to a two-year low of below $350 per thousand board feet from as high as […]
Sanctions, Part 10: EU To Impose €11-Billion Worth Trade, Tech Bans On Russia
The European Union will impose trade sanctions and technology export controls worth €11 billion on Russia in order to limit Moscow’s ability to maintain its “war machine.” According to European Commission President Ursula von der Leyen, the latest EU sanctions will restrict shipments of electronic components used in Russian systems such as drones, missiles, and […]
Tiff Macklem Is Ready to Hike Rates Again If Inflation Fails to Decline
Bank of Canada Governor Tiff Macklem is caught between a rock and a hard place that is threatening to erode any credibility he has left. Last month, he assured Canadians the central bank will pause rate hikes after delivering a 25 basis-point increase in January 25, conditionally ending what has been one of the most […]
Tesla Issues Recall For 363,000 Vehicles With Full Self Driving, Investors Whine Over The Term “Recall”
A recall is finally happening for Tesla (NASDAQ: TSLA) and their full self driving vehicles, albeit a small one. The NHTSA today filed a notice, stating that just under 363,000 vehicles equipped with the feature are being recalled. Affected models are said to include the 2016-2023 Model S and X, the 2017-2023 Model 3, and […]
We’re At the Start of a New Commodity Supercycle —With John Ciampaglia
Joining us today on The Daily Dive is John Ciampaglia, CEO of Sprott Asset Management and Senior Managing Director of Sprott Inc. John sits down with us today to give us his insights on the commodities that underpin the energy transition such as uranium and lithium, and the impact of recent headlines. He also walks […]
US Virgin Islands Unseals Ex-JPMorgan Exec Emails With Jeffrey Epstein, Bolstering Bank’s Role In Sex Trafficking Scheme
According to recently unsealed parts of a federal complaint by the US Virgin Islands (USVI) territory, more than 20 of Jeffrey Epstein’s sex trafficking victims were paid through JPMorgan & Chase accounts, as the megabank’s former senior executives secretly acknowledged abuse claims surrounding the late predator as early as 2006. “These women were trafficked and […]
Elizabeth Warren To Reintroduce Anti-Money Laundering Bill to “Clamp Down on Crypto Crime”
“Big-time financial criminals love crypto,” Democratic Senator Elizabeth Warren said at a Senate Banking Committee hearing on Tuesday, where she advocated for tougher anti-money laundering restrictions to crack down on crime in the cryptocurrency sector. Warren is one of the crypto’s toughest critics in the senate, she has raised concerns in most aspects of the […]
US Jobless Claims Unexpectedly Fell Last Week: More Interest Rate Hikes To Come?
In further evidence that the US labour market remains resilient despite the Fed’s hawkish tightening cycle, latest data from the Department of Labour showed that the number of Americans filing for first-time unemployment benefits surprisingly fell 1,000 to a seasonally adjusted 194,000 claims for the week ending on February 11. Consensus forecasts amongst economists polled […]