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A subdued Mobileye IPO spells trouble for Intel’s earnings
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A subdued Mobileye IPO spells trouble for Intel’s earnings

Intel’s Mobileye IPO is not shaping up to be the shot in the arm its parent company needs. Last December, Intel made known its intent to take Mobileye public by mid-2022. However, the plans were repeatedly delayed due to volatile market conditions. On Sept. 30, the Israel-based self-driving tech firm, which Intel bought five years...

Wall Street Warns of Trouble Brewing in Auto Loans as Prices Dip
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Wall Street Warns of Trouble Brewing in Auto Loans as Prices Dip

(Bloomberg) — The largest US banks are warning of trouble ahead in auto loans as dropping prices for used cars risk leaving borrowers underwater. Most Read from Bloomberg Wells Fargo & Co. said that higher loss rates for loans it originated late last year contributed to an increase in write-offs for the period. Ally Financial...

More Trouble for Warnock as New Info Drops in Eviction Scandal – RedState
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More Trouble for Warnock as New Info Drops in Eviction Scandal – RedState

During the debate last week, Sen. Raphael Warnock (D-GA) denied that his church, the Ebenezer Baptist Church, had been evicting people from a building owned by the Church for which he works, while at the same time that same Church is paying him a $7417-a-month housing allowance. Herschel Walker nailed him on that and offered...

Darkening economic outlook spells trouble for 2022 Democrats
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Darkening economic outlook spells trouble for 2022 Democrats

President Biden and Democrats are facing serious political headwinds driven by high inflation, an erratic stock market and deepening recession fears as they attempt to defend their majorities in the House and Senate.   The president banked on a massive economic rebound powering his party to another sweep of Congress two years ago when he launched...

U.K. Leader Liz Truss Goes From Triumph To Trouble In 6 Weeks
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U.K. Leader Liz Truss Goes From Triumph To Trouble In 6 Weeks

LONDON (AP) — When Liz Truss was running to lead Britain this summer, an ally predicted her first weeks in office would be turbulent. But few were prepared for the scale of the sound and fury -– least of all Truss herself. In just six weeks, the prime minister’s libertarian economic policies have triggered a...

UK leader Liz Truss goes from triumph to trouble in 6 weeks
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UK leader Liz Truss goes from triumph to trouble in 6 weeks

LONDON (AP) — When Liz Truss was running to lead Britain this summer, an ally predicted her first weeks in office would be turbulent. But few were prepared for the scale of the sound and fury -– least of all Truss herself. In just six weeks, the prime minister’s libertarian economic policies have triggered a...

Liz Truss is in big trouble after her biggest U-turn yet
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Liz Truss is in big trouble after her biggest U-turn yet

London CNN  —  Liz Truss has sacrificed her finance minister and closest political ally just weeks into her premiership in order to save her own skin.  On Friday morning, Britain’s Chancellor of the Exchequer, Kwasi Kwarteng, was summoned a day early back to London from the United States straight to Downing Street, where he was relieved of his duties.  The move came...

I Got Into ‘Trouble’ for Being ‘Too Professorial’ As President
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I Got Into ‘Trouble’ for Being ‘Too Professorial’ As President

Obama said he sometimes got into “trouble” for being “too professorial” while in the White House. The ex-president said on “Pod Save America” he was sometimes wordy when discussing policy matters. “That’s not how people think about these issues,” he said during a newly-released podcast episode. Loading Something is loading. Thanks for signing up! Access...

I Got Into ‘Trouble’ for Being ‘Too Professorial’ As President
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I Got Into ‘Trouble’ for Being ‘Too Professorial’ As President

Obama said he sometimes got into “trouble” for being “too professorial” while in the White House. The ex-president said on “Pod Save America” he was sometimes wordy when discussing policy matters. “That’s not how people think about these issues,” he said during a newly-released podcast episode. Loading Something is loading. Thanks for signing up! Access...