Home Prices Soar at Fastest Pace Since 2014 Via Breitbart: Homes prices across America surged in December, typically the slowest month for the housing market. Home prices rose 10.4 percent compared with a year earlier, according to the S&P CoreLogic Case-Shiller Home Price Index. That is the strongest growth rate since 2014 and represents an acceleration of home price gains from November’s 9.5 percent. Phoenix, San Diego, and Seattle experienced […]
Hyundai Motor To Replace Battery Systems In $900 Million Electric Car Recall Via Reuters: Hyundai Motor Co will replace battery systems in some 82,000 electric vehicles globally due to fire risks - a costly $900 million recall that lays bare the thorny issue of how car and battery makers split the bill when problems arise. The recall is one of the first mass battery pack replacements conducted by a major […]
GameStop CFO To Step Down After Reddit Driven Stock Rally Via Reuters: GameStop Chief Financial Officer Jim Bell will step down next month, the video game retailer said on Tuesday, as it focuses on shifting into technology-driven sales in the wake of headline-grabbing big betting in its stock. GameStop said Bell’s resignation was not due to any disagreement with the company relating to its operations, including accounting principles and practices. […]
Cherokee Nation's Principal Chief Does Not Think Jeep Should Use Tribe's Name For Vehicles Via Just The News: Cherokee Nation Principal Chief Chuck Hoskin, Jr. believes that Jeep should cease using the tribe's name for vehicles. "I think we're in a day and age in this country where it's time for both corporations and team sports to retire the use of Native American names, images and mascots from their products, team jerseys and sports […]
Bitcoin Tumbles 17% As Doubts Grow Over Valuations Via Reuters: Bitcoin tumbled 17% on Tuesday, sparking a sell-off across cryptocurrency markets as investors grew nervous at sky-high valuations and leveraged players took profit. The world’s biggest cryptocurrency suffered its biggest daily drop in a month, falling as low $45,000. Bitcoin was last down 11.3% at 0939 GMT. The drop extended a slump of nearly a fifth from a record high […]
HSBC Plans To Nearly Halve Office Space Over Long Term Via Reuters HSBC plans to nearly halve its office space globally over the long term as part of a cost-cutting drive set out on Tuesday, in a further sign the pandemic could mean permanent changes to working patterns. HSBC aims to cut its office footprint by 40% over the long-term, the bank said in an analyst presentation accompanying its full-year […]
Oil Prices Rise With Storm-Hit U.S. Output Set For Slow Return Via Reuters: Oil prices rose on Monday as the slow return of U.S. crude output cut by frigid conditions served as a reminder of the tight supply situation, just as demand recovers from the depths of the COVID-19 pandemic. Brent crude was up 33 cents, or 0.5%, at $63.24 a barrel by 0945 GMT, after gaining nearly 1% last […]
Bitcoin Slips Sharply From Record Highs In Cryptocurrency Market Via Reuters: Bitcoin fell sharply on Monday after surging to a record $58,354 a day earlier, as a selloff in global equities curbed risk appetite. The most popular cryptocurrency rallied over the weekend to record levels, almost doubling year-to-date. It hit a market capitalisation of $1 trillion on Friday. Bitcoin’s gains have been fueled by signs it is gaining acceptance among […]
World Shares Sink As Bond Yields, Commodities Surge Via Reuters: World shares sank on Monday as expectations for faster economic growth and inflation battered bonds and boosted commodities, while rising real yields made equity valuations look more stretched in comparison. MSCI’s All Country World Index, which tracks shares across 49 countries, was down 0.4% after the start of European trade. The pan-European STOXX 600 index was down 1%, at its […]
Mike Church offers no-holds barred commentary on the moral & political decay of the modern world but unlike all other hosts, Mike offers solutions to these ills, solutions rooted in the wisdom of the Fathers, founding and Church!
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