Democrats’ All-Electric USPS Fleet Sees Each Truck Come With A $6.8 Million Price-Tag Authored by Olivia Murray via AmericanThinker.com, Another Joe Biden boondoggle numbering in the billions… According to a recently published New York Post report, the Biden administration played a major role in the push to massively electrify the United States Postal Service mail truck fleet….
Category: Economy
Step Aside Magnificent 7! These Fortunate 3 Stocks are The New Market Leaders
The Magnificent Seven group of tech stocks, as a whole, may still be fantastic long-term bets. That said, we’ve witnessed a performance discrepancy between the members. And it’s only grown more striking in recent months, with the likes of Nvidia (NASDAQ:NVDA) continuing to blast off while iPhone maker and perceived AI laggard Apple (NASDAQ:AAPL) has…
Lockheed Tumbles Most In Months After Slashing Outlook On $1.6 Billion Hit
Lockheed Tumbles Most In Months After Slashing Outlook On $1.6 Billion Hit Shares of Lockheed Martin fell the most in months on Tuesday, pressuring industry peers, after the defense giant reported second-quarter earnings that missed the Bloomberg consensus. The company also slashed its full-year outlook after taking charges on a classified program tied to its aeronautics business segment…
Western Union Joins Stablecoin Race, Eyes Crypto Partnerships; CEO Says
Western Union Joins Stablecoin Race, Eyes Crypto Partnerships; CEO Says Authored by Adrian Zmudzinski via CoinTelegraph.com, Western Union is exploring ways to integrate stablecoins into its services as the firm seeks to modernize cross-border payments. During a Monday interview with Bloomberg, Western Union CEO Devin McGranahan said that the company views stablecoins as an opportunity. He also…
“Go F**k Yourself”: Colbert Now Ranting About Trump After Show Canceled
“Go F**k Yourself”: Colbert Now Ranting About Trump After Show Canceled Late-night propagandist Stephen Colbert slammed his own network and parent company and told President Trump to ‘go fuck yourself’ in a Monday night rant, after CBS canceled “The Late Show” – which was losing upward of $40 million a year. $40 million “is a big number,” Colbert…
Be Glad It Isn’t Free
People who think a lot about economics often have reactions that strike others as unusual. For example, I recently finished registering for a 10k run in Astoria, Oregon. As part of the registration process, you had to select when you’ll be picking up your race packet (a prepacked bag that would have, among other things,…
Schiff: Central Bankers Vs The Dollar
Schiff: Central Bankers Vs The Dollar Via SchiffGold.com, If Donald Trump has his way and recent reports are accurate, Federal Reserve Chair Jerome Powell is considering stepping down from his position. While extremely rare, Fed Chairs resigning before the end of their term isn’t entirely unheard of. Powell’s obligations would ordinarily extend to May 2026. But if…
1 Highly-Underrated AI Stock, Down 45%, is a Buy Right Now
Not every AI stock is blasting off to new highs, and that’s good news for growth investors who are looking to land relative value in the space. At this juncture, Snowflake (NYSE:SNOW) stands out as an AI stock that’s still a country mile away from its all-time highs, still off around 45% from its late-2021…
Sam Altman, Masa Son’s Massive “Stargate” Initiative Flops, Nothing But Hot Air Between Two Egomaniacs
Sam Altman, Masa Son’s Massive “Stargate” Initiative Flops, Nothing But Hot Air Between Two Egomaniacs Back in January, when the AI trade got its latest kick higher thanks to an announcement by the newly-created “Stargate” project between OpenAI and Japan’s cartoonish momo-chasing titan Masa Son and his conglomerate SoftBank, that the initiative would spend $500…
Quantum Stocks Slide: Is the Hype-Fueled Rally Over?
Key Points in This Article: Quantum computing’s leading players are broadly falling today after massive gains over the past year. Despite technological advances, these companies generate little revenue, remain unprofitable, and lack commercially viable products. High valuations make these stocks risky, with today’s decline potentially signaling a bursting bubble. Nvidia made early investors rich, but…
Maybe AI Isn’t Going To Replace You At Work After All
Maybe AI Isn’t Going To Replace You At Work After All Authored by Charles Hugh Smith via OfTwoMinds blog, AI fails at tasks where accuracy must be absolute to create value. In reviewing the on-going discussions about how many people will be replaced by AI, I find a severe lack of real-world examples. I’m remedying this…
European NATO coffers swell to $399 B, quadruple non-aligned neighbors
Key Points France has one of the most formidable militaries in Europe built on a strong military tradition spanning centuries France has one of the world’s premier defense contractors (Dassault Aviation) headquartered in Paris France has one of the best funded forces in Europe, although there is another European nation that ranks above it Are…
Is MSTY’s 74.04% Yield Real or Just Wishful Thinking?
Key Points The MSTY ETF’s large weekly cash payouts will undoubtedly tempt many Bitcoin bulls and Microstrategy enthusiasts. However, caution is advised as MSTY’s share price has vastly underperformed Microstrategy stock. 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…
Can Pony AI Hit $15 a Share?
Key Points The company just ramped up its Robotaxi mass production and commercialization efforts. The PONY stock was just added to the NASDAQ Golden Dragon China Index, giving it even more exposure to a larger group of investors. Is your portfolio set for what could be a volatile last half of the year? It may…
Don’t Buy a Home, Rising Mortgage Rates
During any given week, mortgage rates may rise or fall. However, on the whole, they have stayed relatively high. According to Realtor.com, home inventories are currently very low, as home prices continue to reach new highs. Home prices are likely to continue rising. Recent S&P CoreLogic monthly data show that home prices have increased at…
Archer Aviation’s Stock Tumbles: Time to Sell the eVTOL Stock or Stay the Course?
Key Points in This Article: Archer Aviation’s (ACHR) stock fell hard yesterday and it’s down again today due to Stellantis’ earnings report and a Delaware lawsuit ruling. Archer’s Midnight eVTOL is on track for FAA certification by late 2025, with $2 billion in liquidity and a $6 billion order backlog. Joby Aviation may lead in…
Neoliberal Economic Orthodoxy Is Now Up For Review
Neoliberal Economic Orthodoxy Is Now Up For Review By Benjamin Picton, Senior Market Strategist at Rabobank Equities again struggled for direction on a day with very little consequential economic data. US indices closed mixed with the Dow slightly in the red, while the S&P500 and NASDAQ both lifted enough to see the former close above…
Can Kohl’s (KSS) Hit $20 Today?
Key Points Shortly after appearing on the retail investor forum, StockTwits, the stock doubled in value. Goldman Sachs just raised its price target on KSS to $7. Is your portfolio set for what could be a volatile last half of the year? It may be time to meet with a financial advisor near you for…
Why Does Starbucks Run Out of Food?
Maybe there should be a larger sample, but at least seven stores we checked ran out of some food items during the day. Starbucks Corp. (NASDAQ: SBUX) wants to improve its customer relations. People expect what they ordered to be available, especially if they ordered online. A walk to a Starbucks should reward the walker….
Kohl’s Joins Meme Stock Mania With Massive Short Squeeze
Kohl’s Joins Meme Stock Mania With Massive Short Squeeze We began the week with the “glorious return” of meme stock mania—first with the roller coaster ride of Opendoor Technologies, and then, on Tuesday morning, with heavily shorted Kohl’s Corp. shares doubling in the early cash session. Kohl’s shares jumped as much as 105% out of the…
Build An Ultra-Low-Cost Dividend Portfolio with Just $25,000 and These 3 Stocks
For dividend investors looking to create a meaningful passive income stream either for today or in retirement, the stark reality is that there are probably too many options to consider. At least, in a thoughtful way. Key Points For investors looking to build a world-class dividend portfolio with the lowest cost possible, these are three…
PayPal (NASDAQ: PYPL) Price Prediction and Forecast 2025-2030 (July 2025)
Shares of PayPal Holdings, Inc. (NASDAQ:PYPL) gained 4.23% over the past month, trimming the stock’s year-to-date loss to 12.91%. However, the payment processor is up 30.85% since its 52-week low on April 8. The company reports Q2 earnings on July 29 before the market opens. Long before there was Venmo and Cash App, there was…
Google’s Best Business Isn’t What You Think
Key Points YouTube, now considered one of only two dominant global VOD platforms alongside Netflix (NASDAQ: NFLX), could be worth $500–600 billion on a standalone basis—making it the crown jewel in any Alphabet (NASDAQ: GOOGL) breakup. Media companies like Disney (NYSE: DIS) and Warner Bros. Discovery appear structurally disadvantaged in streaming, while Amazon (NASDAQ: AMZN) and…
Can Google Stock (GOOG) Be A Value And A Trap At The Same Time?
Key Points Alphabet (NASDAQ: GOOGL) has notably underperformed its mega-cap tech peers this year, yet a potential DOJ-driven breakup could unlock significant shareholder value by spinning off high-performing segments. Despite rising AI competition and concerns over OpenAI launching a browser, Alphabet retains a massive advantage through its entrenched search brand and ability to seamlessly drive traffic to its…
“No Spare Capacity”: Watchdog Warns Largest US Grid Is Maxed Out Amid Data Center Buildout
“No Spare Capacity”: Watchdog Warns Largest US Grid Is Maxed Out Amid Data Center Buildout America’s largest power grid has issued multiple ‘Maximum Generation‘ and ‘Load Management‘ alerts this summer, as summer heat pushes power demand to the brink with air conditioners running at full blast across the eastern half of the U.S. The deeper issue: there’s…
I’m Busy… Out Looking for Gold
This post I’m Busy… Out Looking for Gold appeared first on Daily Reckoning. “Are you looking for the Holland America check-in? Or Princess? Or Viking?” The polite, smiling greeter was addressing me, and I was surprised. My mind was elsewhere. “No, thank you,” I replied. “No cruise ships. I’m here for work. But can you…
Klaus Schwab Blasts WEF Board, Denies Report He Fudged Data, Racked Up $1.1M In Expenses
Klaus Schwab Blasts WEF Board, Denies Report He Fudged Data, Racked Up $1.1M In Expenses The founder of the World Economic Forum is firing back after a bombshell investigation accused him of cooking economic reports and billing over a million dollars in questionable expenses. Klaus Schwab, the 87-year-old architect of Davos and the WEF’s global…
This Is How Much You Can Make With an 8% Dividend Stock In 10 Years
Key Points Stocks that can reliably deliver a yield over 8% for a long period of years are highly coveted by income based investors. Younger investors are being drawn to high-yield dividend stocks out of lower risk tolerance of high-flying stocks and the more dependable benefits of compounding dividends. A DRIP program for high-yield dividend…
United States Submarines Lead in Innovation While 2 Counties Outnumber U.S. Fleet
The USS Newport News (SSN 750), an American nuclear submarine, made a July 9 port call in Reykjavik. The event marked Iceland’s first visit by an American nuclear-equipped submersible, and highlights Iceland’s importance in the Arctic region. As Russian undersea activity increases, the arrival of the U.S. sub was a strategic move on NATO’s part….
IonQ (IONQ) or Rigetti (RGTI)—Which Stock Has More Upside?
The quantum computing stocks have really heated up since Jensen Huang changed his tune (for the better) on his expectations for the nascent technology’s timeline. Undoubtedly, there’s still much work to be done before the broad basket of quantum stocks (and perhaps a handful of quantum IPOs) can have what it takes to make a quantum…
Prediction: This Will Be the Next Stock to Join Nvidia in Sporting $4 Trillion Market Cap
As investors applaud Nvidia (NASDAQ:NVDA) and its top boss Jensen Huang on becoming the first company to surpass a $4 trillion valuation, questions linger as to whether or not another firm has what it takes to pick up the speed to challenge Nvidia in the race to $5 trillion. As it stands, the GPU titan…
The Effect of Price Controls on Oranges on the Price of Orange Juice
A problem in Price Theory. Here’s a question that I gave a number of my students in economics courses at the Naval Postgraduate School. If I recall correctly, a large percent of the students answered it correctly. And this was well before AI. (Of course, since it was on a problem set, they did have…
Futures Rally Pauses At All Time High With Mag7 Earnings On Deck
Futures Rally Pauses At All Time High With Mag7 Earnings On Deck US equity futures are trading flat, erasing an earlier loss following record highs in both the S&P and Nasdaq while the small cap Russell 2000 sits 8.5% below its ATH. As of 8:00am ET, S&P futures are unchanged while Nasdaq futures are down…
This Is the 1 ETF Warren Buffett Recommends for Most Investors
Key Points Warren Buffett is one of the most successful investors of our time. While he’s clearly an expert at picking stocks, he recognizes that not everybody is. Buffett has an easy suggestion for building retirement wealth that doesn’t require a lot of guesswork. Are you ahead, or behind on retirement? SmartAsset’s free tool can…
XRP News: $10 Price Target Is Now In Play After Big Week
Key Points Now at $3.54 from a 2025 low of $2.10, XRP could see $10 later this year thanks to institutional and retail buying. Cryptocurrencies exploded after the industry notched substantial regulatory approval, and on news 401(k) plans could include cryptos. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with…
Earnings Coverage: Why Philip Morris Is Down 5% After Earnings
Live Updates Live Coverage Updates appear automatically as they are published. Cigarette sales drop but ZYN growing 8:37 am Cigarette shipments fell 1.5%, with big drops in France and Italy hurting overall volume, but ZYN sales in the U.S. jumped 40% as shelves restocked and buyers returned to buy up the extra volume. Strong Results,…
CDC: COVID-19 Infections Rise In Some Parts Of US
CDC: COVID-19 Infections Rise In Some Parts Of US Authored by Jack Phillips via The Epoch Times (emphasis ours), While activity for COVID-19 remains low in the United States, recent statistics released by the Centers for Disease Control and Prevention (CDC) show that infections are rising in parts of the country. This scanning electron microscope…
Cash Back Cards in 2025: A Guide to Different Types and How They Operate
When it comes to choosing a new credit card, most people view the industry as a battle between cash-back and travel points. Yes, debit card users love to poke their heads out and remind people they exist, but the credit card industry is, in many ways, a two-horse race for benefits these days. Key Points…
Live: Why General Motors is Sinking 3% After Earnings
Live Updates Live Coverage Updates appear automatically as they are published. Tariff Impacts 8:41 am by Eric Bleeker General Motors provides a letter to shareholders that is typically brief, but does provide some interesting details. In it Marry Barra said: “For example, in June we announced $4 billion of new investment in our U.S. assembly…
Live: Why Lockheed Martin Is Plunging After Q2 Earnings
Live Updates Live Coverage Updates appear automatically as they are published. More Details on Lockheed’s Earnings 8:36 am by Eric Bleeker LMT | Lockheed Martin Corporation Q2’25 Earnings Highlights: Net EPS: $1.46 ; DOWN 79% YoY Revenue: $18.2B (Est. N/A) ; UP 0.6% YoY Net Income: $342M ; DOWN 79% YoY Adj. Gross Margin: N/A…
Pivotal Week For Housing Data As Goldman Sees Broader Slowdown
Pivotal Week For Housing Data As Goldman Sees Broader Slowdown It’s a pivotal week for the U.S. housing market, with key June home sales data due just as the Federal Reserve enters its pre-meeting blackout ahead of the July 30 FOMC. The upcoming housing data is “the canary in the coal mine, and it’s looking…
Live: Northrop Grumman Up 3% After Releasing Earnings
Live Updates Live Coverage Updates appear automatically as they are published. Executive Team Quotes 7:27 am by Eric Bleeker “The Northrop Grumman team delivered a strong second quarter, with increased sales and outstanding operating performance.” – Kathy Warden “We continue to see growing demand globally for our broad range of product offerings, which resulted in 18%…
The Fed Is To Blame For The Dollar’s Recent Weakness. Still, There Is No Fiat Alternative…
The Fed Is To Blame For The Dollar’s Recent Weakness. Still, There Is No Fiat Alternative… Authored by Daniel Lacalle, There are plenty of comments about the death of the US dollar as the world’s reserve currency. These tend to appear when the dollar index declines. However, these “dollar death” reports are greatly exaggerated and…
Goldman Sachs Raising Price Targets 10%+ On 3 Dividend Blue Chips
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Founded in 1869, Goldman Sachs is the world’s second-largest investment bank by revenue and is ranked 55th on the Fortune 500 list of the largest United States corporations by total revenue. The Wall Street…
“Painful Decision”: Sarepta Suspends All Elevidys Shipments Nationwide Amid Deaths
“Painful Decision”: Sarepta Suspends All Elevidys Shipments Nationwide Amid Deaths Just hours after Children’s Hospital Los Angeles halted the use of Sarepta Therapeutics’ Elevidys, the pharma company announced late Monday that it will temporarily suspend all shipments of the gene therapy for Duchenne muscular dystrophy. The move follows three reported deaths linked to the treatment….
Hello New York, The UK Shows That If You Tax The Rich, They Will Flee
Hello New York, The UK Shows That If You Tax The Rich, They Will Flee Authored by Mike Shedlock via MishTalk.com, The UK closed a tax loophole. Guess what. NYC can expect the same. Extreme Wealthy Flee the UK The Wall Street Journal reports The U.K. Closed a Tax Loophole for the Global Rich. Now They’re…
The anti-immigration backlash comes to Japan
Photo by Mottinn via Wikimedia Commons We often talk about ways in which Japan is ahead of other developed nations; in the old days, people said this about technology, while more recently it’s usually about social trends like sexless youth. But when I lived there, I often noted ways in which Japan was behind the…
InfluenceWatch Podcast #372: The Left’s Big Bully
The Southern Poverty Law Center, trading on a reputation it earned suing the remnants of the organized Ku Klux Klan in the 1980s, claims to be an honest watchdog of extremism on the political right. But our guest Tyler O’Neill, a senior editor at the Daily Signal, has written a book on how the organization…
What To Know About Big Pharma, In Charts
What To Know About Big Pharma, In Charts Authored by Lawrence Wilson via The Epoch Times (emphasis ours), Prescription drugs provide relief from pain, fight infection, stabilize moods, reduce inflammation, combat dread diseases, and extend lives. The Epoch Times These medications have become a fact of life for many—perhaps most—Americans. On average, half of them…
Why Gold At $10,000 Is Possible
Friend of Fringe Finance Lawrence Lepard released his most recent investor letter this weekend. He gets little coverage in the mainstream media, which, in my opinion, makes him someone worth listening to twice as closely. Photo: Kitco Larry was kind enough to allow me to share his thoughts heading into Q3 2025. The letter has…
What’s Behind The Rise In Narcissism In Teens?
What’s Behind The Rise In Narcissism In Teens? Authored by Aaron Gifford via The Epoch Times (emphasis ours) Thanks to social media use, school grade inflation, and environmental factors, narcissistic behavior appears to be on the rise in children and teenagers, some psychotherapists and experts say. Forty-two state attorneys general are calling on Congress to…
