Article
Millions Of Americans Are Giving Up On Buying New Cars
Millions Of Americans Are Giving Up On Buying New Cars
A growing number of Americans can no longer afford to buy new vehicles. Since 2020, roughly one million potential buyers have exited the market, and industry forecasts suggest they are unlikely to return soon, according to Wall Street Journal.
Although automakers initially expected sales to recover to pre-pandemic levels, persistent economic pressures have kept demand below earlier expectations.
Before COVID-19, U.S. new-vehicle sales typically reached around 17 million units annually. Today, most forecasts place demand closer to 16 million vehicles or less,...
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Apr 1, 2026 / Tyler Durden
Markets Have Returned To Taking Headlines As Gospel
Markets Have Returned To Taking Headlines As Gospel
By Molly Schwartz, cross-asset macro strategist at Rabobank
US Treasury yields have been falling for the past two days. On Monday, we saw US rates grind lower after Powell gave a speech at Harvard University where he seemed to hint that hikes were not part of the Fed’s plan for the immediate future, noting that “tariffs have a one-time impact on inflation” and that “there are risks to both sides of the mandate.” In times like these where inflation fears have been...
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Apr 6, 2026 / Tyler Durden
'New Iranian Terror Group' Claims Responsibility For Attacks Across Europe
'New Iranian Terror Group' Claims Responsibility For Attacks Across Europe
A group that did not exist online or anywhere else before March 9, 2026, has suddenly claimed responsibility for a string of low-tech arson and attempted bombings at synagogues and US banks across Belgium, the Netherlands, France, and the UK.
Police in Paris at the scene of the thwarted attack on the offices of Bank of America © Nathan Laine/Bloomberg
Mainstream outlets like FT and counter-terrorism analysts are rushing to label Harakat Ashab al-Yamin al-Islamia (HAYI, or "Ashab al-Yamin") as an Iranian intelligence "hybrid warfare"...
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Jun 1, 2026 / Tyler Durden
The Slow Disappearance Of Cash In Europe
The Slow Disappearance Of Cash In Europe
Authored by Cláudia Ascensão Nunes via the Foundation for Economic Education (FEE),
Under the guise of fighting money laundering, the EU is making anonymous economic activity progressively harder...
Starting in July 2027, Europeans will no longer be allowed to pay businesses or professionals more than €10,000 in cash (roughly $11,500). Any transaction above €3,000 (just under $3,500) will require mandatory customer identification. This is another step toward political uniformity across Europe, stripping countries of autonomy and subtly pushing citizens toward the digital euro.
This measure, part of the...
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