Addressing recent predictions that the U.S. economy is headed for recession, President Joe Biden maintains that it is not inevitable. Biden made an appearance on CNN in an interview with Jake Tapper Tuesday. “I don’t think there will be a recession,” Biden said. “If it is, it will be a very slight recession. That is,…
Energy drinks occupy a unique space in the beverage category. They’re not just something people drink for pleasure or to get hydrated, they may also fill those roles, but they also make promises about helping athletic performance, recovery, and even weight loss. To say those claims are dubious at best puts it mildly, but the…
Recently, Market Rebellion identified a series of massive bearish bets being made against EV darling, Tesla. It started just two weeks ago, on September 29th. Market Rebellion identified 4,171 bearish put spread spreads bought at the $260-$240 range for $5.98 per spread. Source: Market Rebellion Unusual Options Activity Total trade price: $2.5 million dollars. At…
Share to FacebookShare to TwitterShare to LinkedinTopline Elon Musk, the world’s richest man, announced a fresh foray into the perfume industry on Tuesday, hawking a “Burnt Hair” fragrance that he claimed sold 10,000 bottles within hours of launching, continuing the billionaire’s record of capitalizing on humor and his enthusiastic fan base to transform seemingly joke…
Share to FacebookShare to TwitterShare to Linkedin“Perfume Salesman” Elon Musk WireImage At least 24 sellers on eBay are offering Elon Musk’s new Burnt Hair perfume at markups of as much as ten times the official cost of $100. The Tesla billionaire began offering the new perfume on the website for his Boring Co. on Tuesday,…
© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen holds a news conference in the Cash Room at the U.S. Treasury Department in Washington, U.S. July 28, 2022. REUTERS/Jonathan Ernst/File Photo WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said the global economy was facing “significant headwinds” and the United States was working…
© Reuters. FILE PHOTO: The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger/File Photo By Dan Burns and Ann Saphir WASHINGTON (Reuters) – Federal Reserve officials agreed they needed to raise interest rates to a more restrictive level – and then maintain…
© Reuters. FILE PHOTO: A man arranges produce at Best World Supermarket in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. REUTERS/Sarah Silbiger/File Photo (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever Thursday, Oct. 13. 08:30 Eastern, 1230 GMT. That is the moment U.S. September inflation…
© Reuters. FILE PHOTO: The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger/File Photo By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve’s net income turned negative in September, minutes from its most recent policy meeting showed, although the largely…
Share to FacebookShare to TwitterShare to LinkedinTopline Brett Favre spoke for the first time Tuesday about his alleged involvement in a multi-million dollar Mississippi welfare scam—a scandal for which the Hall of Famer and former Green Bay Packers quarterback does not face any criminal charges—arguing he has “done nothing wrong” and has been “unjustly smeared”…
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