One of the primary reasons credit cards exist is to facilitate purchases that you don’t want to pay for with cash or a debit card. This can include, but is not limited to, furniture, shopping trips to a clothing store, or even something like a down payment on a car. Key Points If you make…
Category: Economy
Sydney Sweeney Sparks American Eagle Meme Stock Frenzy
Sydney Sweeney Sparks American Eagle Meme Stock Frenzy On Thursday, shares of American Eagle Outfitters saw a sudden and dramatic jump, rising as much as 12% during the trading session. The surprising driver of this rally wasn’t financial performance or a new product launch—it was actress Sydney Sweeney. The star of “Euphoria” and “Anyone But…
Iran’s 610,000 Active Troops Outnumber Egypt and Saudi Arabia
Key Points Iran commands one of the largest standing armies in the Middle East, fielding 610,000 active-duty troops Iran’s force is larger than what Israel, Egypt, or Saudi Arabia can muster 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…
Taiwan Semiconductor (NYSE: TSM) Price Prediction and Forecast (July 2025)
Shares of Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM), AKA TSMC, recently hit an all-time high of $248.28. The stock has risen 9.8% in the past month, as earnings surged on strong artificial intelligence (AI) demand, despite concerns about the effects of tariffs and other geopolitical issues. TSMC says it is actively diversifying its global…
Amazon Scraps New Irish AI Facility Amid Power Grid Shortfall
Amazon Scraps New Irish AI Facility Amid Power Grid Shortfall Authored by Charles Kennedy via OilPrice.com, Amazon Web Services has cancelled plans for a €300-million server rack manufacturing plant in Dublin’s Ballycoolin industrial zone, citing an inability to secure timely electricity access from Ireland’s grid operator, ESB Networks, Irish media reported on Friday. The facility,…
Dave Ramsey’s Credit Score Take: Mostly Right, But Not the Whole Story
As one of the biggest names in the personal finance community, when Dave Ramsey talks, millions of audience members listen. If you listen to his video podcast, even if you don’t call in, it’s a great way to listen and learn from the financial advice Dave gives out to others, who call in anonymously. Key…
SMR Showdown: Why NuScale and Oklo Are Leading the Nuclear Renaissance
Key Points in This Article: SMRs offer scalable, clean energy solutions ideal for powering AI data centers. NuScale (SMR) and Oklo (OKLO) lead SMR development, with NuScale generating revenue and Oklo focusing on innovative fuel recycling. Larger competitors like Westinghouse and GE Hitachi are in the race, but NuScale and Oklo are closer to deployment….
Sarepta Plunges Again After Europe Rejects Elevidys
Sarepta Plunges Again After Europe Rejects Elevidys Perhaps analysts at HC Wainwright & Co. were right about their 12-month zero-dollar price target for Sarepta Therapeutics. Following Sarepta’s withdrawal of its Duchenne muscular dystrophy gene therapy drug from U.S. markets earlier this week, it has now failed to secure approval from European regulators. The double blow has sent shares plunging…
Elon Musk’s Net Worth Drops $20 Billion in a Day
Tesla Inc. (NASDAQ: TSLA) may be only one part of Elon Musk’s company portfolio, but a bad day for the electric vehicle (EV) leader is enough to bring his net worth down. Tesla announced poor second-quarter earnings, and the stock fell 8%. Musk’s net worth dropped by $19.5 billion, according to the Bloomberg Billionaires Index….
Rivian Shares Drop 90%
The early excitement about electric vehicles (EVs) sent Rivian Automotive Inc. (NASDAQ: RIVN) stock from the IPO offering price of $78 on November 10, 2021, to $129 on November 12. It trades near $14 today. The stock is down 90% in the past five years, as the company has made almost no progress to become…
The US Navy Can’t Match NATO Nation’s Immense Frigate Fleet
Key Points The Canadian Navy stands out for its impressive number of frigates, surpassing many of its NATO allies Even though Canada cannot field the raw firepower of a carrier strike group, it has quietly built up one of the alliance’s most capable patrol and escort fleets The United States does not even rank in…
Puma Crashes Most Since 1991 After “Major Profit Warning”
Puma Crashes Most Since 1991 After “Major Profit Warning” Puma SE shares crashed the most in decades after the German sportswear giant slashed its full-year outlook, citing dismal global demand. Jefferies labeled the preliminary earnings report a “major profit warning,” while RBC warned the brand is facing an “existential identity crisis” as it struggles to stay…
Durable Goods Orders (Ex-Transports) Beat Expectations In June
Durable Goods Orders (Ex-Transports) Beat Expectations In June After surging higher in May, on the back of huge Boeing aircraft orders, US durable goods orders were expected to tumble back to earth in preliminary June data… and they did. Durable Goods Orders plunged 9.3% MoM (slightly better than the -10.7% MoM expected) – the biggest…
Stocks Ease Back From Record High Ahead Of Tariff Deadline, Earnings Flood
Stocks Ease Back From Record High Ahead Of Tariff Deadline, Earnings Flood US equity futures are flat at the end of a hectic earnings week and the return of meme traders in force. The market is waiting for next week’s trading deluge when nearly 30% of the S&P reports, as well as additional trade deal headlines…
Amazon (NASDAQ: AMZN) Stock Price Prediction in 2030: Bull, Bear, & Baseline Forecasts (July 25)
Amazon.com Inc. (NASDAQ: AMZN) has been one of the stock market’s biggest success stories ever. The company had its initial public offering in May 1997 and traded for an astonishingly low split-adjusted price of just seven cents per share. Since then, the stock has gained over 309,500% as the company has grown into the linchpin…
Nasdaq Composite Live: Higher Highs with the Federal Reserve on Deck
Stock futures are inching higher, with the Nasdaq at another record high. Fueled in part by Alphabet’s stronger-than-expected earnings report and further hopes for more trade deals, the Nasdaq could go on to test higher highs. Regarding the trade deals, the recent U.S.-Japan trade agreement has tariffs now set at 15% instead of the previously…
AppLovin (NASDAQ: APP) Stock Price Prediction and Forecast 2025-2030 (July 25)
After hitting an all-time high of $525.15 in February, AppLovin Corp.’s (NASDAQ: APP) share price tumbled more than 35% due to a pending class action lawsuit and to short seller reports. However, the software company’s better-than-expected first-quarter report gave the stock a boost. The share price is now 34.4% higher than 90 days ago, despite…
1970s, 2000s, 2020s… A Déjà Vu In Two Acts – Second Act
1970s, 2000s, 2020s… A Déjà Vu In Two Acts – Second Act Authored by Ronnie Stoeferle via VonGreyerz.gold, Since the price of gold was freed by the final separation of sovereign currencies from gold following the closure of the gold window on August 15, 1971, gold has experienced three bull markets: in the 1970s, in…
Top Income Strategies: Only a Balanced $3M Portfolio Can Approach $150K Safely
An annual income of $250,000, based upon a $3 million investment, may seem quite reasonable. And indeed it is, but only if you’re receiving an 8.3% yield, which is a fairly aggressive return. Some investors look toward high-yield ETFs and covered strategies, tempted by their claims of double-digit payouts. But investors should remember that these…
Thailand Warns Border Crisis With Cambodia “Could Escalate Into War”
Thailand Warns Border Crisis With Cambodia “Could Escalate Into War” The geopolitical powder keg along the heavily disputed Thailand-Cambodia land border has been lit this week, with both countries exchanging heavy fire. Thailand’s acting leader warned on Friday that the conflict could escalate into a war. Acting Prime Minister Phumtham Wechayachai told reporters earlier, “This situation…
The Fed’s FAFO Moment Is Here
Once upon a time, the Federal Reserve operated like a priesthood—cloaked in mystery, speaking in riddles, and quietly pulling the levers of the most powerful monetary system on Earth. Nobody cared. Nobody needed to care. Monetary policy was the domain of bespectacled economists in windowless offices, not something the average American could explain—let alone mock…
Intel Finally Beats On Revenue, Gives Upbeat Forecast
Intel Finally Beats On Revenue, Gives Upbeat Forecast For what may be the first time in years, Intel – once the world’s most successful and iconic chip maker, and now a pale shadow of its former self and stock market laughing stock that has missed the entire AI explosion – did not have a terrible quarter. …
Gen-Z Democrat Operative Visits Iran, Joins “Death To America” Chant
Gen-Z Democrat Operative Visits Iran, Joins “Death To America” Chant Submitted by Jason Curtis Anderson of One City Rising, Meet Calla Walsh. She got her start organizing for Senator Ed Markey while still a teenager. The perfect profile: earnest, idealistic, a model Gen Z Democrat. But like so many others on the far left, that idealism…
At 50 with $5 million in cash, I’m unsure where to invest short-term – can I safely earn 5-10% without risking my nest egg?
Taking on too much investment risk when you’ve already built up a massive fortune for yourself is a pretty bad idea, even if you’re a risk-taker who’s more than willing to go a bit further for a shot at outsized returns. Indeed, as the great Oracle of Omaha, Warren Buffett, once put it, “you only…
“Failed To Gain Traction”: CBDC Lessons From The Caribbean
By Nicholas Anthony, CATO Institute The evidence shows that the CBDCs in both Jamaica and The Bahamas have failed to gain traction with either consumers or businesses. Central bank digital currencies (CBDCs) were launched in Jamaica and The Bahamas with ambitious promises: to promote financial inclusion, to stabilize the monetary system, and to foster competition.1…
Prediction: XRP Will Be Worth This Much In 5 Years
The five year outlook for any specific company is hard to estimate. I’d say, dare near impossible. And that’s with a plethora of publicly-available information via quarterly filings investors can use to build out an academic model of where they see cash flows going, and what multiple investors will ultimately pay a few years down…
OPEC Is Playing The Long Game
OPEC Is Playing The Long Game Authored by Irina Slav via OilPricecom OPEC is pursuing a long-term strategy to increase its market share and is unwinding production cuts, with oil prices remaining strong due to factors beyond OPEC’s direct control. The rise in oil prices is influenced by geopolitical developments, such as U.S.-Chinese trade talks…
Coke’s Cane-Sweetened Soda Launch This Fall Could Strain US Sugar Supplies
Coke’s Cane-Sweetened Soda Launch This Fall Could Strain US Sugar Supplies President Donald Trump and Health and Human Services Secretary Robert F. Kennedy Jr.’s crackdown on the ultra-processed food industrial complex has triggered a seismic shift in the beverage world. Coca-Cola is reformulating select sodas with cane sugar, and PepsiCo’s CEO has indicated similar moves. The pivot away from…
Turkey Showcases New Hypersonic Weapon Amid Standoff With Israel Over Syria
Turkey Showcases New Hypersonic Weapon Amid Standoff With Israel Over Syria Via Middle East Eye Turkey this week unveiled a range of ballistic missiles and other advanced ordnance at a national arms fair, as the recent Israel-Iran conflict has pushed regional tensions to the brink. Turkish defense manufacturer Roketsan showcased several new systems, including air-to-air missiles, ballistic missiles,…
Greeks Grow Unfriendly To Israeli Tourists, Ships As Gaza War Grinds On
Greeks Grow Unfriendly To Israeli Tourists, Ships As Gaza War Grinds On Though Greece is a highly popular international tourist destination for Israelis, the popularity of Israeli tourists is declining in Greece as Israel continues a war on Gaza marked by unusually high civilian casualties, imposed hunger, and the systematic and sweeping destruction of infrastructure. In…
The Myth Of ‘Equality’: Is Europe Stuck In A Disastrous, Failing Marxist Trap?
The Myth Of ‘Equality’: Is Europe Stuck In A Disastrous, Failing Marxist Trap? Authored by Drieu Godefridi via The Gatestone Institute, In a world where shifting economic forces are redrawing the global balance of power, the trajectories of the United States and the European Union over the coming decade (2025-2035) seem destined to diverge ever…
Defending Dollar Supremacy May Be Next Phase Of US–China Trade War
Defending Dollar Supremacy May Be Next Phase Of US–China Trade War Authored by Terri Wu via The Epoch Times, The U.S.–China trade war may be transitioning to a monetary standoff. As U.S. President Donald Trump’s tariff policies kickstart a reshuffling of global supply chains and trade, Beijing is looking to another battleground: the Chinese yuan…
India’s Modi Has The Highest Approval Rating Among World Leaders, France’s Macron The Lowest
India’s Modi Has The Highest Approval Rating Among World Leaders, France’s Macron The Lowest Public opinion of national leaders can offer insight into the political pulse of a country. Every month, Visual Capitalist’s Marcus Lu will be visualizing global polling data tracking how citizens perceive their heads of government. In this month’s edition, we compare…
The Democrats Are Their Own Worst Enemy
The Democrats Are Their Own Worst Enemy Authored by Connor O’Keefe via The Mises Institute, One of the more entertaining political stories of the last few months has been the Democratic Party’s ongoing efforts to determine why it lost the 2024 election and what it needs to do differently to avoid similar failures in the future. After…
Chinese Drone Engines Labeled As “Cooling Units” Sent To Russia Via Covert Supply Chain
Chinese Drone Engines Labeled As “Cooling Units” Sent To Russia Via Covert Supply Chain Western intelligence analysts, through forensic supply chain tracking, have confirmed to Reuters that Russian defense firm IEMZ Kupol has successfully bypassed EU and U.S. sanctions through a network of mysterious front companies established to funnel dual-use drone components from China into Russia. According…
US Birth Rate Hits All Time Low
US Birth Rate Hits All Time Low Authored by Zachary Stieber via The Epoch Times, The number of births in America in 2024 increased from 2023, but the fertility rate declined, the Centers for Disease Control and Prevention said on July 24. Births rose 1 percent from 2023 to 2024, the CDC said in a…
Another Commercial Plane Disaster For Russia’s Sanctions-Hit Aviation
Another Commercial Plane Disaster For Russia’s Sanctions-Hit Aviation Another major aviation disaster has struck Russia. All 48 people aboard a passenger plane that crashed in Russia’s Far East have been confirmed dead, according to a Thursday statement by the governor of the Amur region, where the crash occurred. Russia’s Emergency Situations Ministry reported locating the burning…
Social Security Records ‘Substantial Progress’ As Agency Boosts Efficiency, Technology
Social Security Records ‘Substantial Progress’ As Agency Boosts Efficiency, Technology Authored by Naveen Athrappully via The Epoch Times (emphasis ours), The Social Security Administration (SSA) has achieved “substantial progress” in customer service, with improved call times and lower field wait times, the agency said in a July 23 statement. The Social Security Administration office building…
ECONOMIC STRAIN JUST GOT WORSE, PEOPLE SEE BRUTAL JOB LOSSES
In this economic/financial news report we discuss the increasing number of people barely able to make ends meets, the worsening costs, rising layoffs, and heartless companies looking only at their profits. This channel contains news and analysis that often includes ‘one mans opinion’. The information conveyed should never be taken as investment advice. Everyone should…
Netanyahu Recalls Team From Qatar As Gaza Ceasefire Talks Collapse Again
Netanyahu Recalls Team From Qatar As Gaza Ceasefire Talks Collapse Again There were never high expectations, except perhaps in White House public statements, but now Israeli media is confirming that Israeli Prime Minister Benjamin Netanyahu has recalled his negotiating team from Qatar as Gaza ceasefire talks have floundered. This should come as no surprise, given that…
Air Force Investigating Whether Sig Sauer Pistol Was A Factor In Airman’s Death
Air Force Investigating Whether Sig Sauer Pistol Was A Factor In Airman’s Death Authored by Michael Clements via The Epoch Times (emphasis ours), The U.S. Air Force Global Strike Command is sidelining the M18 Modular Handgun System after the death of an Air Force Security Airman at F.E. Warren Air Force Base, Wyoming, on July…
U.S. To Eliminate Mercury-Based Preservative From All Flu Vaccines
U.S. To Eliminate Mercury-Based Preservative From All Flu Vaccines The Department of Health and Human Services announced Wednesday that it will fully eliminate thimerosal, a mercury-based preservative, from flu vaccines, following a formal recommendation by a federal advisory panel. The move marks a significant shift in vaccine policy after years of mounting concern over mercury…
AI Chatbots Rely On Sources With Clear Biases
AI Chatbots Rely On Sources With Clear Biases Authored by John. R. Lott Jr. via RealClearInvestigations, AI chatbots like ChatGPT and Grok can be a big help in writing essays, conducting research, and exploring complex issues. But these tools bring risks, especially when they filter facts through a political lens. And the Trump administration is now…
Watch: Iranian Helicopter Confronts US Destroyer Approaching Territorial Waters
Watch: Iranian Helicopter Confronts US Destroyer Approaching Territorial Waters Iran has claimed it confronted and warned a US Navy destroyer to alter its course as it neared Iranian territorial waters in the Gulf of Oman. Iranian state media released video and images from the encounter on Wednesday, which if accurate would be the first known…
Australia Lifts Bio-Restrictions On US Beef In Bid To Defuse Tariff Standoff
Australia Lifts Bio-Restrictions On US Beef In Bid To Defuse Tariff Standoff Authored by Crystal-Rose Jones via The Epoch Times (emphasis ours), The Australian government has finally announced it will remove tough restrictions on fresh U.S. beef imports after months-long internal debate over how to respond to the Trump administration’s tariff regime. Beef is displayed…
Trump EPA To Remove “Greenhouse Gases” From List Of Dangerous Pollutants
Trump EPA To Remove “Greenhouse Gases” From List Of Dangerous Pollutants The Trump administration is acting to overturn a key 2009 Environmental Protection Agency finding used to justify most federal government regulations regarding climate change. The EPA has crafted a proposal that would undo the government’s “endangerment finding”, a determination that pollutants from burning fossil…
Picks and Shovels for the Mining Boom
This post Picks and Shovels for the Mining Boom appeared first on Daily Reckoning. The past 10 years has been dominated by tech. The Magnificent 7 is up 2,278% over that period. That’s Google, Microsoft, NVIDIA, Tesla, Meta, Amazon, and Apple. It’s been an incredible run. But the tech bull will soon be put out…
House GOP Paves Way To Establish New Subcommittee To Investigate Jan. 6
House GOP Paves Way To Establish New Subcommittee To Investigate Jan. 6 Authored by Joseph Lord via The Epoch Times (emphasis ours), House Speaker Mike Johnson (R-La.) announced on July 23 that Republicans would pursue passage of a resolution to form a new subcommittee that would investigate events surrounding the Jan. 6, 2021, Capitol breach….
Why Has The Birth Rate In The United States Fallen To The Lowest Level Ever Recorded?
The birth rate in the United States just keeps setting one dismal record after another. In fact, according to the CDC it just dropped to the lowest level ever recorded. We are literally not even replacing ourselves, and that has all sorts of implications for our future. For instance, if we don’t produce enough offspring,…
Russian Pacific Fleet Launches Huge ‘July Storm’ Defense Drills
Russian Pacific Fleet Launches Huge ‘July Storm’ Defense Drills Russia’s Pacific Fleet has kicked off a series of major naval drills Thursday which are aimed at improving and evaluating its ability to defend key maritime infrastructure, according to Interfax. Dubbed July Storm, the drills are quite large as they feature more than 150 naval and support…
Epstein Vs. Russiagate
Epstein Vs. Russiagate Authored by J. Peder Zane via RealClearPolitics, It’s a tale of two stories. The first concerns President Trump’s back-peddling on pledges to release government files connected to the long-dead pervert Jeffrey Epstein. The second involves the growing evidence that President Obama and his top officials spread the false narrative casting Trump as…
