Finance

Turkey Shrinkflation

  • Post category:Finance

Via Political Calculations blog,Having covered the inflating cost of a Thanksgiving turkey in 2022, we're turning our attention to something very different: the shrinking size of U.S. farm-raised turkeys in 2022.That became a cause of concern for American consumers after the U.S. government…

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Assorted links

  • Post category:Finance

1. Does quantum entanglement enable mechanisms that guarantee PD cooperation? 2. Building the Empire State Building. 3. Enter Inspector Gadget, and Wilkie Collins. 4. FT dialogue with Brad DeLong. 5. The other AEA — Actors’ Equity Association — lifted mask mandates…

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Housing Market Obliterated: Pending Home Sales Post Record Drop As Deal Cancelations, Price Cuts Hit Record High

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Last week, we observed that delusion and hope can only last so long (even when one's salary depends on it) as US homebuilder confidence crashed to COVID lockdown lows in November after failing (or refusing) to see what was obvious to…

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Foxconn Offers Workers $1,400 To Leave China iPhone City After Mass Chaos

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Apple's manufacturing partner Foxconn Technology Group has begun distributing 10,000 yuan ($1,400) to newly recruited workers to leave the world's largest iPhone factory in central China to quell the unrest, reported Bloomberg. Late Wednesday, Foxconn proposed the payout plan to new hires, pleading…

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Brussel Sprouts are Good

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Have you noticed that Brussel sprouts are enjoying a renaissance? Once scorned they are now showing up at top-notch restaurants. NPR: Foods go in and out of style. Few of them, though, have gone through as dramatic a renaissance in their…

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Massive Cancellations Make Mess of Already Low New-House Sales. Inventory Glut at Deep Housing Bust 1 Level. Buyer Traffic Plunges

  • Post category:Finance

Lambert here: More trouble…. By Wolf Richter, editor of Wolf Street. Originally published at Wolf Street. Sales of new single-family houses have been zigzagging along low levels for months. In October, they rose 7.5% from September, after having plunged 11% in…

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Pope Fires Entire Leadership From Global Catholic Charity Amid Harrassment Allegations

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Via Remix News,In a resounding decree released on Tuesday, Pope Francis sacked all leaders of the Caritas Internationalis charity, appointing a temporary Vatican administrator to head the confederation of 162 Catholic relief, development, and social service organizations operating in over 200 countries and…

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French Interior Minister Labels Italy An “Enemy” Of France After Migration Row

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Authored by John Cody via Remix News,Following growing tensions between Italy and France over the issue of boat migrants in the Mediterranean, French Interior Minister Gérald Darmanin has resorted to extremely harsh rhetoric, referring to the Italian government as “enemies of…

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Liberty Is Worth The Fight

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Authored by J.B.Shurk via The Gatestone Institute,"There comes a time," Martin Luther King Jr. advised, "when one must take a position that is neither safe, nor politic, nor popular, but he must take it because conscience tells him it is right." Moral…

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“Blueprint For Success”: DeSantis Credits Florida’s Red Wave To Leadership Against “Woke Mind Virus”

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Authored by Katie Spence via The Epoch Times (emphasis ours),Florida Gov. Ron DeSantis on Nov. 19 acknowledged “underwhelming performances” by Republicans in the midterm elections and contrasted the losses elsewhere with what he called a “true Republican landslide” in Florida.“We added four new…

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Beyond Disgusting: Former Beyond Meat Employee Shares Photos, Docs, That Appear To Show Mold, Dirty Conditions

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So much for skipping out on meat to get healthier...One of Beyond Meat's "key" factories was "reportedly riddled with mold, bacteria and other health-related concerns", the NY Post reported this week, citing evidence that was obtained from a former employee. Leaked internal…

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Anti-Twitter Advertisers Have Been Under-Performing The Market For Months: Here Is Your Chance To Short Them

  • Post category:Finance

The last few months have seen a growing number of companies choosing to exercise their freedom of speech by choosing to abandon any advertising platforms that dare allow freedom of speech to virulently spread among its users.Pretty soon the only advertiser…

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