Patriot Missile Stockpile A Fraction Of What Pentagon Needs As Trump Arms Ukraine Via The Libertarian Institute The ongoing wars in the Middle East and Ukraine have depleted US stockpiles of missile interceptors. The Pentagon has just a quarter of the Patriot missiles it needs. According to the Guardian, “The United States only has about 25% of…
Category: Economy
Philly Trash Standoff Ends As City’s Largest Municipal Union Reaches Tentative Agreement, Ending Strike
Philly Trash Standoff Ends As City’s Largest Municipal Union Reaches Tentative Agreement, Ending Strike After more than a week of stalled trash collection, closed libraries, and disrupted city services, the City of Philadelphia and its largest municipal union have reached a tentative agreement, bringing an end to a major strike that began July 1, according…
America Must Lead On Seafloor Mineral Development
America Must Lead On Seafloor Mineral Development Authored by Alina Voss via RealClearEnergy, An untapped energy savior might just be sitting on the ocean floor. From AI to defense to clean energy, critical minerals remain pivotal to securing the United States’ competitive edge. Unfortunately, supply chains remain precariously dependent on foreign control, often from adversarial…
The Number Of Americans Dealing With Food Insecurity Has Almost Doubled Since 2021, And U.S. Store Closings Are On Pace For A New Record
Why has hunger in America absolutely exploded during the past 4 years? And why are store closings in the United States on pace to set a brand new record high this year? A lot of people out there don’t want to admit that the U.S. economy has been crumbling for a long time. One recent…
Bloomberg Philanthropies Tracks Only “Petrochemical Incidents”: Beyond Petrochemicals
Bloomberg Philanthropies Tracks “Petrochemical Incidents” but Not Wind and Solar Accidents (full series) Beyond Petrochemicals | Basic Physics Accidents in January–June 2024 | Accidents in July–December 2024 Key Points Bloomberg Philanthropies is tracking oil and gas industry accidents and reported 132 incidents in 2024, also counting traffic accidents. In 2024, there were at least 43…
Bloomberg Philanthropies Tracks Only “Petrochemical Incidents”: Basic Physics
Bloomberg Philanthropies Tracks “Petrochemical Incidents” but Not Wind and Solar Accidents (full series) Beyond Petrochemicals | Basic Physics Accidents in January–June 2024 | Accidents in July–December 2024 Basic Physics As a matter of basic physics, developing energy often means playing with fire—sometimes literally. Every important technology has a dark side. People have been dying in…
Bloomberg Philanthropies Tracks Only “Petrochemical Incidents”: Green Energy Accidents, January–June
Bloomberg Philanthropies Tracks “Petrochemical Incidents” but Not Wind and Solar Accidents (full series) Beyond Petrochemicals | Basic Physics Accidents in January–June 2024 | Accidents in July–December 2024 Accidents in January–June 2024 January 11. Colorado-Nebraska border: A wind turbine either caught fire and fell over or fell over and caught fire. According to the media report:…
Bloomberg Philanthropies Tracks Only “Petrochemical Incidents”: Green Energy Accidents, July–December
Bloomberg Philanthropies Tracks “Petrochemical Incidents” but Not Wind and Solar Accidents (full series) Beyond Petrochemicals | Basic Physics Accidents in January–June 2024 | Accidents in July–December 2024 Accidents in July–December 2024 July 9. California: Ninety-three acres were burned up when a vegetation fire started at an industrial solar facility. July 10. New Jersey: Media reported…
“Most Significant Seismicity Since 2009”: Quake Swarm Detected At Washington’s Mt. Rainier
“Most Significant Seismicity Since 2009”: Quake Swarm Detected At Washington’s Mt. Rainier The U.S. Geological Survey (USGS) at the Cascade Volcano Observatory reported Tuesday that an earthquake swarm has been detected beneath Mount Rainier in Washington State. While this marks the most significant seismic activity at the volcano since 2009, the USGS emphasized that there…
The Dirt on Gold Miners
This post The Dirt on Gold Miners appeared first on Daily Reckoning. This week I’m reporting from the Rick Rule Investment Symposium in beautiful Boca Raton, Florida. The event is built for gold and silver bugs. There are around 1,000 of us here. Dozens of publicly-traded mining and royalty companies are represented as sponsors, speakers,…
French Intelligence Chief: US Overstated Iran Strike Impact & We Don’t Know Where The Uranium Is
French Intelligence Chief: US Overstated Iran Strike Impact & We Don’t Know Where The Uranium Is The head of France’s foreign intelligence agency stated Tuesday that last month’s Israeli and American airstrikes on Iran had destroyed only part of its stockpile of highly enriched uranium, though the reality is that the exact whereabouts of the remaining…
“Vindicated”: Man Charged By Biden’s DOJ For Posting A Meme Has Conviction Overturned
“Vindicated”: Man Charged By Biden’s DOJ For Posting A Meme Has Conviction Overturned Authored by Ken Silva via Headline USA, An appeals court has overturned the conviction against Douglas Mackey, who was charged with election interference under the Biden administration for posting a meme in 2016 about voting for then-presidential candidate Hillary Clinton via text message. Mackey…
Hakeem Jeffries Ditches Gym, Flexes Photoshop Instead
Hakeem Jeffries Ditches Gym, Flexes Photoshop Instead Authored by Luis Cornelio via Headline USA, Did House Minority Leader Hakeem Jeffries Photoshop his waist to appear slimmer? Social media critics think so. Jeffries, D-N.Y., became the target of viral mockery on Monday after critics pointed out what they viewed as botched photo editing on the top Democrat’s Instagram…
Amazon Prime Day Sales Plummet On First Day
Amazon Prime Day Sales Plummet On First Day New data from Momentum Commerce shows that Amazon’s decision to extend Prime Day from two to four days backfired—Day 1 sales plummeted, marking a grim start. Shoppers are filling their carts but holding off on purchases, hoping for deeper discounts. Meanwhile, spending trends are soft, reinforcing the cautious…
Surviving Crew Members Kidnapped By Houthis After Greek-Owned Cargo Ship Attacked
Surviving Crew Members Kidnapped By Houthis After Greek-Owned Cargo Ship Attacked Update(1505ET): Things have gone from bad to worse regarding the situation of the Greek-owned cargo ship Eternity C, which was sunk in a deadly Houthi raid. The missing mariners aboard the ship are now confirmed kidnapped, after at least four were killed. The US embassy…
Waste Of The Day: Puerto Rico, Guam, Others In Debt
Waste Of The Day: Puerto Rico, Guam, Others In Debt Authored by Jeremy Portnoy via RealClearWire, Topline: The five inhabited U.S. territories are collectively $57.8 billion in debt and have issues with their financial statements that “can lead to poor financial decisions and lost access to capital markets,” according to a new report from the…
Trump Says BRICS Members Will Get Additional 10% Tariffs Over De-Dollarization Attempt
Trump Says BRICS Members Will Get Additional 10% Tariffs Over De-Dollarization Attempt Authored by Lily Zhou via The Epoch Times, President Donald Trump on Tuesday reiterated a previous warning to BRICS nations that he would be imposing an additional 10 percent tariff on them, saying the bloc was created to replace the U.S. dollar as…
3 Stocks Poised to be 2025 Winners, According to UBS
UBS recently revealed some of its top retail stock picks that could outperform the S&P 500 for 2025. And while the following retail high-flyers have already enjoyed decent first-half gains on the year, I’m inclined to stick with UBS in believing that the following retail gainers have legs to run even higher. While their valuations…
FOMC Minutes Show ‘Divided’ Fed Fears Stagflation, Clueless On Actual Tariff Impact
FOMC Minutes Show ‘Divided’ Fed Fears Stagflation, Clueless On Actual Tariff Impact Since the last FOMC meeting (June 18th), which saw a hawkish tilt to the dots (with Fed members notably divided – nearly as many participants anticipated no rate cuts this year as expected two), we have seen stronger-than-expected jobs data, constant diatribes from…
1 Jim Cramer Stock To Buy In July
Key Points Cramer has identified one fintech stock that is on an impressive rally. While expensive, Robinhood stock has the potential to keep soaring throughout 2025. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been…
I Have Invested in Dividends For 15 Years—These Dividend Aristocrats Built My Passive Income Stream
Key Points These dividend aristocrats haven’t disappointed me in 15 years and won’t disappoint you either. These three companies have strong balance sheet, steady cash flow and a commitment to reward investors. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer…
Have Markets Lost Faith In The Fed’s Reaction Function?
Have Markets Lost Faith In The Fed’s Reaction Function? Authored by Robert Burrows via BondVigilantes.com, Markets are once again high on ‘hopium’. Despite a still-strong labour market, sticky inflation, and an economy that refuses to roll over, rate cut bets have surged back into vogue. The Federal Reserve might be saying “higher for longer,” but…
‘We’re Impressed’: Zelensky Now Sings Trump’s Praises & CIA Director Breathes Sigh Of Relief
‘We’re Impressed’: Zelensky Now Sings Trump’s Praises & CIA Director Breathes Sigh Of Relief “They have to be able to defend themselves,” Trump said Monday, offering confirmation of his weapons to Ukraine policy U-turn. “They’re getting hit very hard. … We’re gonna have to send more weapons.” A presidential aide to Volodymyr Zelensky has offered new insight into…
BioSig, Streamex Target Gold Tokenization With $1.1B Financing
BioSig, Streamex Target Gold Tokenization With $1.1B Financing Authored by Christopher Tepedino via CoinTelegraph.com, BioSig and Streamex have secured $1.1 billion in growth financing to support their pivot into onchain commodities, starting with gold. The companies, which signed a letter of intent to merge on May 5, say the funding will help establish a gold-backed treasury business…
Trump Weighs Federal Control Of D.C., Citing Urgent Need To Restore Law & Order
Trump Weighs Federal Control Of D.C., Citing Urgent Need To Restore Law & Order Under the leadership of failed progressives, parts of Washington, D.C., have transformed into crime-infested hellholes, hardly the image the United States wants to project to the world from its capital. The Trump administration sees an urgent need to restore law and order…
2 Copper Stocks Poised to Profit After Trump Imposes 50% Tariff on Imports
Key Points in This Article: President Trump’s just-announced 50% tariff on copper imports aims to boost domestic production, causing a 13% surge in U.S. copper prices and creating a cost advantage for local producers over foreign imports. Essential for construction, electronics, and renewable energy, copper’s rising domestic demand due to the tariff makes U.S.-based copper…
Just a Coincidence?
The human brain seems wired to notice patterns. This presumably has some evolutionary advantages, but this attribute can lead us astray in a world that is overloaded with data. I’ll start with a personal anecdote, and then show the implications for data analysis. Back on June 18th, I was traveling through the west side of…
Top 3 Inverse ETFs to Build Your Portfolio
Key Points in This Article: Inverse ETFs are investment vehicles designed to deliver daily returns opposite to a specific index, using derivatives like futures to hedge against market declines or capitalize on bearish trends. As tactical tools in a diversified portfolio, inverse ETFs help mitigate risk during volatility but require careful monitoring due to daily…
Biden’s White House Doctor Invokes 5th Amendment, Refuses To Answer House GOP Questions
Biden’s White House Doctor Invokes 5th Amendment, Refuses To Answer House GOP Questions After requesting to delay his testimony, Kevin O’Connor – former President Biden’s White House doctor, refused to answer questions during a deposition in front of the House Oversight and Government Reform Committee on Wednesday, according to a statement from his legal counsel that cites…
Ex-CIA Boss John Brennan, Ex-FBI Boss James Comey Under Criminal Investigation
Ex-CIA Boss John Brennan, Ex-FBI Boss James Comey Under Criminal Investigation Authored by Ken Silva via Headline USA, Fox News Digital reported Tuesday that former CIA Director John Brennan and former FBI Director James Comey are both under investigation by the Justice Department for their roles in the politicized and fruitless Russiagate investigation, as well as for making false statements to Congress….
Putin Sends Message To US With Record 700+ Drones, Missiles On Ukraine Overnight
Putin Sends Message To US With Record 700+ Drones, Missiles On Ukraine Overnight President Putin continues playing hardball and sending tough signals in the face of Trump administration criticisms, and after on Monday the White House confirmed it is reversing course on its recent pause on weapons to Ukraine, as it will instead send more….
Up Over 100% in 2025, These 2 Stocks Could Double Again
Key Points in This Article: Legendary money manager Peter Lynch coined the term “ten-bagger” but advocated investors take a long-term view when buying stocks. While rapid stock gains are risky, the two stocks below have already doubled in 2025 and could double again this year. Nvidia made early investors rich, but there is a new…
Linda Yaccarino Steps Down As CEO Of X
Linda Yaccarino Steps Down As CEO Of X Linda Yaccarino announced on Wednesday that she’s stepping down as CEO of X, offering little in the way of an explanation. After two incredible years, I’ve decided to step down as CEO of 𝕏. When @elonmusk and I first spoke of his vision for X, I knew it would…
WTI Slides After Biggest Crude Build Since January
WTI Slides After Biggest Crude Build Since January Oil prices are down this morning as signs of a large gain in US crude stockpiles undermined comments by the United Arab Emirates and Saudi Arabia about tight market conditions. In the US, API reported overnight that crude inventories rose 7.1 million barrels last week. That would be…
Donald Copperfield
Donald Copperfield By Michael Every of Rabobank “As I think I told you once before,” said I, “it is you who have been, in your greed and cunning, against all the world. It may be profitable to you to reflect, in future, that there never were greed and cunning in the world yet, that did…
Federal Crackdown Puts Harvard’s Accreditation Status In Jeopardy
Federal Crackdown Puts Harvard’s Accreditation Status In Jeopardy The Trump administration has significantly escalated its confrontation with Harvard University, warning that the institution may face the loss of its accreditation and moving to compel the university to release records related to its foreign student population. In coordinated actions on Monday, the Department of Education and…
Retail Drives Nvidia To Become World’s First $4 Trillion Market Cap Company
Retail Drives Nvidia To Become World’s First $4 Trillion Market Cap Company For the first time ever, a company has achieved a market capitalization of $4 trillion. And that company is none other than Nvidia… Source: Bloomberg After plunging by over $1 trillion during the Liberation Day chaos (and DeepSeek), NVDA has soared back by…
Red Sea Chokepoint Crisis: Houthis Release Dramatic Footage Of Cargo Ship Attack
Red Sea Chokepoint Crisis: Houthis Release Dramatic Footage Of Cargo Ship Attack Iranian-backed Houthi attacks on commercial ships in the strategic Bab el-Mandeb/Southern Red Sea corridor have intensified following U.S. airstrikes on three Iranian nuclear facilities, ordered by President Trump. This marks a significant escalation of asymmetric Iranian-proxy operations aimed at choking the critical maritime chokepoint. …
Stock Market Live July 9: S&P 500 (VOO) Shakes Off Worries of New Trump Tariffs
This article will be updated throughout the day, so check back often for more daily updates. President Trump announced tariffs will rise on imports from more than a dozen countries yesterday, then proceeded to widen the tariffs war on a second front. U.S. imports of copper from anywhere will be hit with a 50% tariff,…
I Received $400 in Monthly Dividends from MSTY – Here’s How It Compares to Others
There is no question that dividends are among one of the most popular investor strategies right now, but it wasn’t always this way. However, stocks and ETFs like MSTY have given rise to the idea that you can create significant passive income from dividends, while not ignoring growth stocks. Key Points If you want an…
3 International Dividend Stocks That Look Like Buys
Dividends feel good regardless of the stock, but it’s always better to receive cash flow from a stock that continues to gain value in the long run. You can find many stocks like that in the U.S., but diversifying into international dividend stocks can lead to more opportunities and higher returns. International dividend stocks also…
Identities and Causation
When I was in high school (approximately 730 years ago, or so it feels these days) I first learned basic trigonometry. A common type of problem in homework and tests involved situations where you had to find the length of one side of a triangle based on other values provided. For example, a problem might…
SpaceX Valuation Hits $400 Billion, Driving Up Elon Musk’s Wealth
The value of privately held rocket company SpaceX rose to $400 billion based on recent stock sales in the private market. The valuation was $350 billion in December. Founder Elon Musk owns 42% of SpaceX and 79% of its voting shares. Key Points SpaceX Is One Of Elon Musk’s Biggest Holdings The Value Of SpaceX…
Americans Face Higher Risk of Fatal Medical Errors in These States
In Jaipur India, a young expectant mother recently died after receiving the wrong blood type. The 23-year-old woman received the blood transfusion through SMS hospital, where she was given type A+ blood instead of type B+. Following the incident, she developed fever and hematuria before succumbing to death. This tragedy marks the third death involving…
This Is The New No. 2 Richest Person In The World
The world has a new No.2 richest person behind No.1 Elon Musk. Larry Ellison, founder of Oracle (NASDAQ: ORCL) has slipped by Mark Zuckerberg as his net worth hit $254 billion according to Bloomberg. Musk’s figure is $349 billion. There is a striking difference between the two. Ellison’s figure is up $57 billion this year….
NFL Teams Set Records for Most Embarrassing Seasons
Esteemed NFL quarterback Aaron Rodgers is preparing to make his Steelers debut. His transition to the Pittsburgh Steelers comes after several seasons with the Packers. At this point in his career, Rodgers is a veteran, poised to enter his 21st season. He is likely to surpass Brett Favre on the total number of career touchdowns;…
Texas AG Issues Warning On Scammers Targeting Flood Victims
Texas AG Issues Warning On Scammers Targeting Flood Victims Authored by Jack Phillips via The Epoch Times (emphasis ours), Texas Attorney General Ken Paxton warned that scammers are targeting people by taking advantage of the flooding disaster in the central part of that state, which has left more than 100 people dead. Flooding caused by…
How Many Americans Have Managed to Save $5 Million for Retirement?
Ensuring you have enough savings set aside for retirement is one of the hardest challenges Americans face. In fact, this task can be so difficult that only a tiny percentage of people manage to hit the highest level of preparedness. According to statistics, only 3% of Americans have saved $1 million. Those who have saved…
Meta Takes $3.5 Billion Stake In EssilorLuxottica To Accelerate AI Smart Glasses Push
Meta Takes $3.5 Billion Stake In EssilorLuxottica To Accelerate AI Smart Glasses Push Meta Platforms has reportedly acquired a nearly 3% stake in EssilorLuxottica (ESLX)—the world’s largest eyewear maker and parent company of Ray-Ban and Oakley—in a deal valued at $3.5 billion, according to Bloomberg. Sources indicate that Meta may increase its stake to 5% over…
Being Early—And Patient—In Psychedelics
At the start of the year, I shared my belief that psychedelics were entering a pivotal moment—one where science, sentiment, and politics might finally converge to legitimize an industry long relegated to the fringes. I also pointed out a couple of stocks I found interesting to get exposure to the nascent industry. No doubt, this…
“Unprepared And Entitled”: College Grads Unpopular With Hiring Managers, Survey Finds
“Unprepared And Entitled”: College Grads Unpopular With Hiring Managers, Survey Finds Authored by Seth Rosevear via The College Fix, A recent survey from Intelligent found that “1 in 4 hiring managers say recent grads are unprepared for the workforce” and “1 in 8 managers [are] planning to avoid hiring them in 2025.” The main reasons…