This post Trump’s ‘Warp Speed’ U-Turn appeared first on Daily Reckoning. It appears that RFK Jr. has been in President Trump’s ear about the mRNA COVID vaccines. Since Trump initiated Operation Warp Speed, he has often stated the vaccines are an achievement which saved millions of lives. But suddenly, his tune is changing. POTUS recently…
Category: Economy
New Apple TV Show Glorifies Liberal Woman Profiling “Right Wingers” For The FBI
New Apple TV Show Glorifies Liberal Woman Profiling “Right Wingers” For The FBI Leftist organizations like the Anti-Defamation League and the Southern Poverty Law Center have been saying for decades that “conservative extremists” are the biggest domestic terror threat in the US. Of course, the ADL and SPLC have been oddly quiet when it comes…
Pentagon’s Bloated, Opaque And Undisciplined Budget Undermines US National Security
Pentagon’s Bloated, Opaque And Undisciplined Budget Undermines US National Security Submitted by Open The Books The Pentagon has an annual budget approaching a trillion dollars ($824.5 billion in 2024). While the United States boasts the strongest military in the world, not every dollar of Pentagon spending goes towards furthering national security, and examples of waste,…
End the Fed?
Some 500 economists work for the Federal Reserve System. This is probably more than the entire dismal science faculty at all eight Ivy League Universities, perhaps with Chicago and Berkeley thrown in for good measure. If the Fed were disbanded, they would all have to seek other work, perhaps leading to prosperity. Under the present…
Billionaire Airbnb Co-Founder Reveals Why He Abandoned Democrat Party For Trump
Billionaire Airbnb Co-Founder Reveals Why He Abandoned Democrat Party For Trump Billionaire Airbnb Joe Gebbia has opened up about his decision to abandon the Democrat Party and join with the Trump administration, pointing to the immigration crisis at the U.S.-Mexico border under then-President Joe Biden as the primary reason. In an interview on “The Katie…
“Controlled Access” Is One Of The Hottest Trends Among America’s Ultra-Wealthy Elite
One of the things that America’s ultra-wealthy elite want more than anything else is spaces where access is very tightly controlled so that they can remain separate from those of us in the general population. When I was growing up, getting into the right club or the right neighborhood was considered to be a status…
Polymarket Cleared For US Adoption After CFTC Ruling, CEO Says
Polymarket Cleared For US Adoption After CFTC Ruling, CEO Says Just weeks after Donald Trump Jr. invested in Polymarket and joined the advisory board, the crypto-based prediction markets platform – that rose to prominence during the 2024 presidential election – has reportedly been cleared to enter the United States. “Polymarket is the largest prediction market in the world, and…
IAEA Discovers Traces Of Depleted Uranium At Syrian Sites Bombed By Israel
IAEA Discovers Traces Of Depleted Uranium At Syrian Sites Bombed By Israel Via The Cradle The International Atomic Energy Agency (IAEA) has detected uranium traces in Syria during inspections of a site Israel destroyed in 2007, according to a confidential report circulated to member states this week. The samples, taken last year from one of…
IT’S ALL ABOUT TO CHANGE, BANK OF AMERICA WARNING, FINANCIAL CRISIS WORSENS
In this economic/financial news report we discuss the recent warning from Bank of America that the U.S. could be on the verge of a major financial calamity. Also, we talk cost of living crisis and how some Americans have lost hope in the U.S. economy. This channel contains news and analysis that often includes ‘one…
Does Big Labor truly represent the American worker?
Editorial note: The essay originally appeared on Labor Day at National Review. Since at least the 1930s, if not the late 19th century, labor unions have claimed the power to speak on behalf of all American workers. But, on this Labor Day, should we still give them that power, when labor unions represent less than 10 percent of…
This 1960s US Military Gun Can Fire Up to 6,000 Bullets per Minute
24/7 Wall St. Insights The M134 Minigun could fire up to 6,000 rounds per minute, making it one of the most rapid-fire weapons introduced in the 1960s. Changing military needs, and an increasingly technological society, during the 1960s led to the development of military guns like the M16 assault rifle, which had a maximum range…
Amazon Stock (NASDAQ: AMZN) Price Prediction and Forecast 2025-2030 for September 3
Shares of Amazon.com Inc. (NASDAQ: AMZN) lost 0.87% over the past five trading sessions after gaining 0.73% the five prior, bringing the stock’s year-to-date gain to 2.32%. Amazon has performed well since the start of August, having recently announced it will begin offering customers same-day grocery delivery. In July, it was reported that AMZN founder Jeff…
White House Has Backup Strategy If Trump’s Tariffs Are Overturned: Bessent
White House Has Backup Strategy If Trump’s Tariffs Are Overturned: Bessent Authored by Andrew Moran via The Epoch Times (emphasis ours), Treasury Secretary Scott Bessent said the White House has plenty of tools at its disposal to implement President Donald Trump’s global tariffs if the Supreme Court does not uphold his use of a 1977…
Economics Problems of Grocery Delivery
Occasionally, I use a grocery delivery service—not always, and not for every item. In a vacuum, one might think that having someone else take the time to gather grocery items for me and bring those items to my house seems clearly advantageous. So why don’t I always use this service? A few ideas from economics…
Stocks Could Rally 50% in 2 Years
Bank of America says it’s so. The stock market may rally 50% in the next two years. If it happens, the market would go from very expensive to extraordinarily expensive. 24/7 Wall St. Key Points: Bank of America has made a case for the stock market to rally 50% in the next two years. There…
EU Accelerating Toward Collapse: Merz, Draghi, And Lagarde Reveal Europe’s Crisis Path
EU Accelerating Toward Collapse: Merz, Draghi, And Lagarde Reveal Europe’s Crisis Path Submitted by Thomas Kolbe The Chancellor seems to have collided with reality during the summer break. Merz sees the German social system in deep crisis. Meanwhile, his political allies in Brussels are calling for an increase in the very dose of poison that…
Prediction: These 2 Schwab ETFs Will Crush the Nasdaq in 2025
You don’t have to pick individual stocks to outperform the stock market. A single ETF can do the trick, and Schwab has a few options to consider. While the financial firm offers funds that produce passive income and minimize risk, other Schwab ETFs embrace the future and can potentially outperform the Nasdaq in 2025 and…
Google Gets a Reprieve: Judge Rules It Won’t Have to Divest Chrome
Key Points Alphabet (GOOG)(GOOGL) has faced a DOJ antitrust lawsuit over Google since 2020, accused of using its 90% search market dominance to suppress competition through exclusive deals and Chrome’s influence. The DOJ sought remedies like data sharing with rivals and Chrome’s divestiture to weaken Google’s grip. A district court judge’s ruling yesterday spared Google…
Michael Burry of Big Short Fame Loves These 3 Stocks
Key Points Dr. Michael Burry has shed light on a number of intriguing value stocks in Q2. LULU, REGN and UNH really do stand out as oversold names that are too cheap for their own good. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes…
Hegseth To Narco-Terrorists: “Assets Gathering In Region” After Drug-Boat Blown Apart In Missile Strike
Hegseth To Narco-Terrorists: “Assets Gathering In Region” After Drug-Boat Blown Apart In Missile Strike Update (Wednesday Morning): In a Fox News interview, U.S. Defense Secretary Pete Hegseth said this morning that Tuesday’s military action against a drug-laden boat that departed Venezuela killed 11 Tren de Aragua militants, warning that this is “just the beginning.” 🚨 BREAKING:…
US Tariffs Top $31 Billion In August, A New Record High
US Tariffs Top $31 Billion In August, A New Record High Authored by Victoria Freedman via The Epoch Times, Treasury Secretary Scott Bessent announced on Sept. 2 in a post on X that tariff revenues exceeded $31 billion in August, setting a new record high. The Treasury’s latest Daily Statement showed $31.37 billion in tariff…
Nvidia (NASDAQ: NVDA) Stock Price Prediction for 2025: Where Will It Be in 1 Year (Sept 3)
Shares of Nvidia Corp. (NASDAQ: NVDA) have surged 24.3% over the past 90 days, despite a 6.0% retreat in the past week as its third-quarter forecast fell short of expectations. The stock is 36.7% higher than six months ago, easily outperforming the S&P 500 and Nasdaq in that time. However, the rebound from the spring…
Futures Rebound As Google Jumps On Court Ruling, Bond Selloff Fades
Futures Rebound As Google Jumps On Court Ruling, Bond Selloff Fades US equity futures are higher following a two-day slide, led by Tech with a favorable court ruling boosting GOOG (+5.7% pre-mkt) and lifting the Mag7 group. As of 8:00am ET S&P futures are up 0.5%, recovering most of yesterday’s losses; while Nasdaq 100 futs add…
Amazon’s Money Grab: Sharing Prime Benefits to End Oct. 1.
Key Points Amazon’s (AMZN) Prime program generated $44.3 billion in 2024, up from $40.2 billion in 2023. The program offers free shipping, Prime Video, Prime Music, Kindle Unlimited, and more. Shipping costs of $95.8 billion in 2024 far outstrip Prime revenue, prompting cost-cutting measures. Nvidia made early investors rich, but there is a new class…
Bank of America Has Buy Ratings on 4 Ultra-High-Yield Dividend Giants
BofA Securities is the investment banking and capital markets division of Bank of America, one of the largest financial institutions in the United States. The division provides a comprehensive range of services. These include equity and debt underwriting, mergers and acquisitions advisory, sales and trading, research, and capital markets solutions to corporate, institutional, and government clients…
Unconventional Granny Shots ETF GRNY Sees $2b In Inflows
Key Points Capital appreciation in the markets often trades higher gains for higher risks, albeit under fixed, standardized stock selection criteria and protocols, such as volatile small-cap stocks over large-cap S&P 500 stocks. Fundstrat Capital’s Tom Lee has a history of maverick market prognostications that have ultimately been proven correct, and has crystalized his unusual…
U.S. Dominates NATO Naval Power Ranking While Iceland Holds Zero Warships
24/7 Wall St. Insights We used data from a 2024 Military Strength Ranking from Global Firepower Iceland is the only NATO country without a military Also, 2 Dividend Legends To Hold Forever The North Atlantic Treaty Organization, more familiarly known as NATO, is an organization currently comprised of 32 countries and formed following World War…
Rivian Automotive (NASDAQ: RIVN) Stock Price Prediction for 2025: Where Will It Be in 1 Year (Sept 3)
Shares of Rivian Automotive Inc. (NASDAQ: RIVN) are changing hands for 5.0% more than a week ago, far outperforming the Nasdaq. Analysts anticipate strong demand for the EV maker’s R2 SUV after its coming launch. And Rivian has confirmed the upcoming integration of Apple CarKey support, which will allow owners to use iPhones and Apple…
This Sniper Rifle From the 1960s Still Sees Everyday Use in Russian Special Forces
24/7 Wall St. Insights: The Dragunov SVD entered the service of the Russian military in 1963 The SVD is chambered for 7.62x54mm rounds and has an effective range of roughly 2,600 feet This sniper rifle has been upgraded over the years to vastly improve its performance Also: Discover the next Nvidia The Dragunov SVD is…
Countries With The Oldest Forbes 2000 Companies
Key Points Among the world’s 2,000 largest public companies, the average firm is 67.6 years old. In some countries, however, the average large firm is much older, reflecting regional differences in economic development and market maturity. In four countries, the average Forbes 2000 company is more than 100 years old. How does the Forbes 2000…
5 AI Stocks Executives Are Accumulating
Artificial intelligence stocks have been all the rage in the stock market, with some of them producing generational returns in just a few years. Not everyone has enough time to research compelling AI stocks, but if you follow the money, you might discover a hidden goldmine. Executives have been loading up on popular AI stocks,…
Jim Cramer Says This “Ridiculously Cheap” Healthcare Stock is a Buy
Key Points Jim Cramer is convinced that this struggling healthcare company is making a recovery. The worst seems behind, with the stock up nearly 70% year-to-date, as of this writing. Cramer believes more gains are to come. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in…
Live: Will Zscaler Surge After Earnings?
Live Updates Live Coverage Updates appear automatically as they are published. Morgan Stanley Price Target of $320 4:20 pm Morgan Stanley just upgraded Zscaler (ZS) to Overweight with a $320 price target, citing its strong position in Zero Trust and platform expansion strategy. Analysts highlighted the $34B SASE market and said the Red Canary acquisition…
Was Greta Thunberg A Globalist Propaganda Weapon
Was Greta Thunberg A Globalist Propaganda Weapon For years, globalists pushed “climate crisis” propaganda across Western countries, directly attacking the fossil-fuel industry in favor of unreliable “green” energy, while orchestrating a heist on the U.S. Treasury through climate legislation such as the Inflation Reduction Act that plowed billions into dark money-funded NGOs. There was a war on your…
German Union Demands Climate Policy U-Turn
German Union Demands Climate Policy U-Turn Submitted by Thomas Kolbe For far too long, entrepreneurs and employee representatives have silently accepted the ecological crash course of politics. Now, the chemical union IG BCE is demanding a shift in climate policy. Slowly, the penny seems to be dropping. A storm is brewing in Berlin. The faint…
Cambodian Solar Industry Whipsaws From Boom To Bust Thanks To U.S. Tariff Policy
Cambodian Solar Industry Whipsaws From Boom To Bust Thanks To U.S. Tariff Policy Cambodia’s solar industry rose quickly but has collapsed just as fast. At its peak in 2023, solar exports to the United States totaled $2.4 billion, making it the country’s largest manufacturing export after garments, footwear, and luggage, according to Nikkei Asia. Around…
Money Supply Flatlines As Employment Cools And Delinquencies Rise
By Ryan McMaken, Mises Institute The money supply has nearly flatlined in 2025, with July’s total money supply increasing by only $39 billion over the past seven months. The total size of the money supply still remains more than $5 trillion above its pre-covid total—an increase of 35 percent— but trends in delinquencies, employment, and…
SoundHound’s Explosive Growth: Time to Buy or Buyer Beware?
Key Points SoundHound AI (SOUN) develops voice and conversational AI solutions for automotive, QSR, and enterprise sectors, with rapid adoption by brands like Hyundai, Chipotle Mexican Grill, and Stellantis. Revenue growth is accelerating as it adds more partners, improving its valuation relative to itss industry. Despite growth, its valuation remains elevated above the industry average,…
Most People Are Dangerously Unprepared for Emergencies, Says Suze Orman
Key Points According to a Bankrate survey, 59% of Americans don’t have enough to cover an unexpected $1,000 emergency expense. According to Orman, some experts say you should save three to six months’ worth of expenses for emergencies. Do you get tongue-tied discussing financial topics because you lack a command of the terminology? Are you…
I Wish I Hadn’t Spent So Much on New Cars – Here’s My Regretful Financial Journey
Key Points A Reddit user regrets wasting money on cars. He realizes his vehicle purchases were wealth killers since he wasted money on car payments and expensive insurance. Others can learn from the OP’s mistake and build wealth instead of wasting money on an asset that goes down in value. Millions of Americans keep making…
Is Broadcom a Buy Before Sept. 4 Earnings?
Key Points Broadcom’s (AVGO) 120% surge from April lows and 500% growth over three years stem from its AI chip dominance and VMware acquisition. The company commands 70% of the custom AI chip market, fueling data center demand. AVGO’s Q3 earnings on Sept. 4 will test whether investors should buy now or wait. Nvidia made…
Wall Street Price Prediction: Tesla’s Share Price Forecast for 2025
After soaring in 2023 and 2024, shares of Tesla (NASDAQ:TSLA) were battered throughout Q1 2025. And while the stock performed marginally better in Q2, the largest U.S. EV-maker slid into Q3. But over the past five trading sessions, the stock lost 3.86%, bringing its year-to-date loss to 12.67%. Since hitting its all-time high on Dec. 17,…
Escobar: The Tianjin Show – Let’s Dance To The Multipolar Groove
Escobar: The Tianjin Show – Let’s Dance To The Multipolar Groove Authored by Pepe Escobar, Oh, what a show that was. A pan-Asia, pan-Eurasia, crossover Global South ball, with glittering dynamo Tianjin as backdrop, enjoyed as such by the overwhelming majority of the planet, while predictably generating cascades of sour grapes among the fragmented West…
Rivian (NASDAQ: RIVN) Price Prediction and Forecast 2025-2030 for September 2
Shares of Rivian Automotive (NASDAQ:RIVN) gained 3.43% over the past five trading sessions after surging 8.25% the prior five. That brings RIVN’s year-to-date gain to 2.52%. Over the past year, the stock is up 3.19%. In July, the EV maker announced that is continuing work on its Georgia plant, which is slated to open in…
The 30 Countries With the Largest Air Forces in 2025
Shortly after the Wright brothers’ first successful manned flight in 1903, the potential military applications of aviation technology became increasingly apparent. In 1907, the U.S. Army established the Army Signal Corps, a small division devoted to aeronautics. By 1912, the Signal Corps had nine aircraft and an annual budget of $125,000—about $4 million in current…
When Will the Stock Market Fall 20%?
The market dropped almost 20% in April. It is now 34% above its 52-week high. There is no single reason to think it will stop rising, except that it is already rising. The market is expensive, based on S&P ratio yardsticks. However, strong earnings, particularly in the big tech sector, can offset this. Big tech…
Tesla Needs to Escape EV Price Wars
Severe electric vehicle (EV) price wars have already started in China. Some BYD cars cost under $23,000. And these are not tiny, urban commuter EVs. They are real sedans that carry four or five people. Tesla Inc. (NASDAQ: TSLA) has needed to drop the price of its long-range Model 3 rear-wheel drive in the world’s…
‘Trump Zone’ Would See South Lebanon Depopulated For Qatari, Saudi-Bankrolled Projects
‘Trump Zone’ Would See South Lebanon Depopulated For Qatari, Saudi-Bankrolled Projects Authored by Jason Ditz via AntiWar.com, The more information we get about the “Trump economic zone” proposal in southern Lebanon, the worse it seems for the people who live there. The latest reports reveal the plan to totally depopulate the south of the country, to…
Whiskey Business: Suntory CEO Quits Over THC Probe
Whiskey Business: Suntory CEO Quits Over THC Probe In a stunning shake-up at one of Japan’s biggest beverage giants, Suntory Holdings Chairman and CEO Takeshi Niinami has resigned after being questioned by police over an overseas purchase of supplements allegedly containing THC, the psychoactive compound in cannabis that’s illegal in Japan above certain levels, Japan Times reports….
This African Nation Has a Surprisingly Large Navy
24/7 Wall St. Insights The African continent is not home to many countries known for their navies A few African countries truly stand out in terms of their naval forces Also, Discover “The Next NVIDIA” Navies have been an important part of defense since the forming of our earliest civilizations. The Portuguese Navy is the…
Stock Market Live September 2: S&P 500 (VOO) Falls on New Tariffs Turmoil
Live Updates Live Coverage Has Ended Tuesday Wrap-up 4:01 pm The Vanguard S&P 500 ETF closed at 588.63 Tuesday, down 0.75%. Lambasting Lam Research 10:38 am Morgan Stanley analyst Shane Brett downgraded Lam Research (Nasdaq: LRCX) to underweight with a $92 price target yesterday. “After two very strong years,” growth is slowing, says Brett, and “end-markets…
