Starts

US Starts Off Fiscal 2021 With Largest Two-Month Budget Deficit On Record

Two months after the Treasury announced that the US ended fiscal 2020 with a staggering, record $3.1 trillion budget deficit, more than triple the prior year’s $954 billion as a result outlays of $6.552 trillion, almost double the receipts of $3.420 trillion, today we learned that the US started off fiscal 2021 in “helicopter money”…

Boston Dynamics’ Robot Dog Starts New Work On BP Oil Rig

By Tyler Durden The virus pandemic is accelerating the trend of robots replacing humans in the workplace. One robot that is quickly being adopted by mega-corporations is Boston Dynamics’ compact four-legged robot, called Spot. June was the month when Boston Dynamics began selling Spot. By July, Ford Motor Company received the robot dog, equipped with five cameras to survey its…

Boston Dynamics’ Robot Dog Starts New Work On BP Oil Rig

The virus pandemic is accelerating the trend of robots replacing humans in the workplace. One robot that is quickly being adopted by mega-corporations is Boston Dynamics’ compact four-legged robot, called Spot.  June was the month when Boston Dynamics began selling Spot. By July, Ford Motor Company received the robot dog, equipped with five cameras to survey its Van Dyke Transmission…

US Housing Market Stumble? Home Starts Rise But Rental Unit Permits Plunge In October

With the US housing bubble reinflating, ‘expert’ analysts expected building starts and permits to continues their meteoric rise in October. However, the results were mixed. Housing Starts beat expectations, rising 4.9% MoM (well above the 3.2% expectation) and also saw a major upward revision in September, from +1.9% MoM to +6.3% MoM. Building Permits disappointed,…

Amazon Starts Selling Prescription Drugs To Prime Customers

There’s an old saying: Never waste a good crisis. Well, Amazon CEO Jeff Bezos, the world’s richest man, isn’t letting COVID-19 pass without wringing all the juice from the lemon. After years of quiet and consistent preparation, from acquiring PillPack, to filing for licenses and trademarks, Amazon is finally ready to launch its online pharmacy…

Life Starts from Here: The Great Reject

By Julian Rose Let’s do a reality check: many of us wake up in the morning with our default memory sleepily reverted back to a pre-covid state of seeming ‘normality’. But after splashing our face with cold water, taking the dog for a walk and having some breakfast, it dawns on us that we are…