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HomeZero Edge

Zero Edge

Finance

US GDP Grows 2.6% In Q3 Driven Entirely By Trade; Price Index Comes Cooler Than Expected

October 27, 2022 Mariel Alumit

Ahead of today’s GDP print, economist consensus was that in the 3rd quarter, the US economy would grow if entirely on the back of net exports (or trade), and sure enough that’s precisely what happened. […]

SEC Rule
Zero Edge

New SEC Rule Will See Accounting Errors Result In Loss Of Executive Bonuses

October 27, 2022 Mariel Alumit

A new SEC rule is being rolled out wherein executives of firms with costly accounting errors could find their personal bonuses on the hook. The Securities and Exchange Commission approved the rule on Wednesday, the […]

Labor Agreement
Finance

Another Rail Union Rejects Biden-Backed Tentative Labor Agreement

October 27, 2022 Mariel Alumit

Authored by Joanna Marsh via FreightWaves.com, Roughly 61% of Brotherhood of Railroad Signalmen’s voting members oppose deal intended to head off strike…   Count the Brotherhood of Railroad Signalmen (BRS) as another union to reject […]

Pennsylvania
Political

After Sending Out 240,000 Unverified Ballots, Pennsylvania Now Warns Of ‘Delays’ Counting Midterm Votes

October 27, 2022 Mariel Alumit

Here we go again… Just one day after 15 Pennsylvania House Republicans sent a letter to acting Secretary of State Leigh Chapman demanding to know why 240,000 unverified ballots had been mailed out (“which, according […]

Finance

Heineken Pukes As Cost-Of-Living Crisis Hammers Drinkers

October 27, 2022 Mariel Alumit

Dutch brewer Heineken NV shares plunged after third-quarter beer sales missed, suggesting there are signs of waning consumer demand in Europe amid the worst inflation environment in decades. Bloomberg reported that the world’s second-largest brewer […]

Zero Edge

Nancy Pelosi Calls For Ukrainian “Victory” At Crimea Forum

October 27, 2022 Mariel Alumit

Authored by Dave DeCamp via AntiWar.com, House Speaker Nancy Pelosi (D-CA) on Tuesday spoke at the first Parliamentary Summit of the International Crimea Platform in Croatia, a forum that was set up to discuss expelling […]

Commodities

The Freight Industry Is Looking At A “Very, Very Ugly” End Of 2022

October 27, 2022 Mariel Alumit

By Craig Fuller, CEO of FreightWaves For freight companies, this year’s peak will be weak Peak season, an annual event in the freight industry, serves as the most important season in the calendar for many […]

Granholm to Europe: Tough Luck - or pound sand depending on what country your from
Downstream

Biden Killed The Refineries – Energy Execs Tell Granholm Shuttered US Oil Refineries Won’t Restart

October 27, 2022 Mariel Alumit

Authored by Julianne Geiger via OilPrice.com, U.S. energy executives told Jennifer Granholm that shuttered crude oil refineries won’t restart, Valero’s Chief Executive Joe Gorder said on Tuesday. The comments were made to the U.S. Energy […]

US
Zero Edge

US Ready To Protect Asian Allies With Nukes, Biden Official Says In Tokyo

October 27, 2022 Mariel Alumit

It’s a hugely alarming scenario when world leaders and government officials representing nuclear-armed superpowers appear to increasingly be spouting nuclear rhetoric and warnings in an almost casual manner. US Deputy Secretary of State Wendy Sherman […]

Zero Edge

Putin’s ‘Viceroy Of The Donbas’ & Top Confidant Seen As Likely Successor To Presidency

October 27, 2022 Mariel Alumit

During the opening months of the Ukraine war top US generals and officials went on record predicting that the conflict is likely to drag on for “years” to come. For example a headline in March […]

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