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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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Jul 1, 2026 / Tyler Durden
Police Flee During Riots In The Hague After Morocco Knocks Netherlands Out Of World Cup
Police Flee During Riots In The Hague After Morocco Knocks Netherlands Out Of World Cup Via Remix News, After Morocco knocked the Dutch national football team out of the World Cup, rioting broke out this morning in The Hague, with dramatic footage showing Dutch motorcycle police fleeing from Moroccan supporters. Police also deployed water cannons to control the crowd and at least a dozen people were reportedly arrested. The video of the Dutch police fleeing prompted a sharp reaction from anti-immigration political leader Geert Wilders, who wrote: "Sweep those streets clean and...
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Apr 2, 2026 / Tyler Durden
Australia Considers Emergency Powers To Protect Domestic Gas Supply
Australia Considers Emergency Powers To Protect Domestic Gas Supply Authored by Tsvetana Paraskova via OilPrice.com, Australia’s government intends to consider using emergency powers to protect domestic natural gas supply in case of a shortfall on its east coast in the third quarter of 2026. The potential consideration of using such powers would be part of the steps the Albanese Government is taking to secure domestic gas supplies for Australian households and industry as the Middle East conflict disrupts global energy markets. Australian Minister for Resources, Madeleine King, has given notice of her intention to consider...
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May 21, 2026 / Tyler Durden
Futures Slump, Ignoring Korean Euphoria, After Iran Rejects Trump Enriched Uranium Demands
Futures Slump, Ignoring Korean Euphoria, After Iran Rejects Trump Enriched Uranium Demands A steady rebound in US equities driven by peak insanity in Korea (where the two chip stocks that account for most of the market surged and sent the Kospi soaring more than 8% overnight) faded after a report that Iran’s Supreme Leader issued a directive that the country’s near-weapons-grade uranium must remain in the country, rejecting Trump's key ceasefire demand, while oil and bond yields jumped as traders waited in mounting futility to see whether hopes of a peace...
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