Elon Musk has quite the career history, manning an assortment of projects, from electrical vehicle building to space rocket launching. And now he adds owning a Los Angeles diner to the list. The Tesla Diner and Drive In, a retro restaurant offering futuristic design and 24-hour service, opened on July 21 in West Hollywood. The…
High Noon has issued quite a disturbing recall after Beach Variety 12-pack cases included alcohol-based cans mislabeled as energy drinks. Cans labeled “Celsius Astro Vibe Sparkling Blue Razz” may actually contain vodka. The FDA states that the error arose from a shared supplier mistake. Recalls affect several U.S. states across multiple lot codes. Consumers are…
The trade war with China was tough on Nvidia Corp. (NASDAQ: NVDA) investors. In April, shares hit a year-to-date low below $87 apiece. Like its fellow Magnificent 7 members, Nvidia struggled due to economic uncertainties about the effects of tariffs, as well as due to Chinese AI innovations. Bears saw Nvidia stock falling further because…
Ukraine Adopts New Anti-Corruption Law: Zelensky Quickly Reverses After Purse Strings Threatened The Zelensky government suffered a black- eye this month, even from the perspective of its Western backers, and the Ukrainian leader has been forced to retreat under pressure. “Ukraine’s parliament approved legislation Thursday restoring the independence of the country’s two main government anti-corruption…
Key Points In January 2025, President Biden enacted a sweeping ban on new offshore drilling sites in U.S. coastal waters. While opposition to offshore drilling off U.S. coasts has increased in America in the last few years, counties with oil interests are steadfast supporters. Many of the biggest supporters of offshore drilling are counties with…
Trump’s Global Tariff Breakdown: Full Country-By-Country Rate List Four months after President Trump stunned the world and rattled global markets by unveiling “Liberation Day” tariff rates, his latest revisions (read here), announced Thursday, and set to go into effect in a week, sparked fresh global equity futures selling early Friday morning. With an average tariff rate of 15%,…
Standard Chartered Sees Higher Long-Term Oil Prices As Shale Costs Rise Oil prices are set to trend higher in the coming years, according to Standard Chartered, as the economics of U.S. shale have shifted significantly, according to OilPrice.com. While crude has hovered near $70/bbl — close to the 20-year average of $73.38 — StanChart notes…
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Berlin’s Special Visa Program For Syrians, Afghans, & Iraqis Scrapped After Federal Intervention Authored by Thomas Brooke via Remix News, Berlin’s special state-level migration program that allowed Syrians, Afghans, and Iraqis to privately sponsor relatives has come to an abrupt end following a federal order by Interior Minister Alexander Dobrindt. In a letter to Berlin’s…
Zelensky Says He Discussed New ‘Large-Scale’ Arms Deal With Trump Ukrainian President Volodymyr Zelensky in a Wednesday night address said Kiev is on the brink of another major arms agreement with the US. He described he presented President Donald Trump with Ukraine’s “main principles” for future weapons deals, but without specifying whether Trump has agreed to the terms. “Today,…
Photo by The White House via Wikimedia Commons Donald Trump’s popularity continues to slowly erode: Source: Nate Silver He’s now underwater on almost all of the issues, even on his signature issue of immigration. And at least as of a couple weeks ago, Democrats were leading Republicans in generic ballot polling for the 2026 Congressional…
US Imposes Sweeping New Sanctions On Iranian Shipping Network Via The Cradle The US Treasury Department has announced new sanctions targeting the global shipping interests reportedly controlled by Mohammad Hossein Shamkhani, son of senior Iranian official Ali Shamkhani, in what it described as the most significant Iran-related action since 2018. The sanctions aim to dismantle what Treasury…
Spain Beats Germany, Tops EU, In Asylum Requests Amid Shift In Migrant Patterns Germany is no longer the EU’s top destination for asylum seekers, as applications from Syrians plummet following the fall of Bashar al-Assad in December, according to an unpublished EU Agency for Asylum (EUAA) report seen by the Financial Times. The report says…
Germany’s Fiscal Free Fall: Record Debt, Recession, And Welfare Crisis Submitted by Thomas Kolbe Germany’s 2026 federal budget is set. The cabinet has reached an agreement on the framework, with only parliamentary approval pending—a mere formality. With a record deficit and no credible path to fiscal consolidation, Germany is lurching toward a debt crisis. On…
These Are The Biggest Wartime Buyers Of Russian Fossil Fuels China followed by India have been the two biggest wartime buyers of Russian fossil fuels, here defined as any oil, coal or gas purchased after Jan. 1, 2023. Turkey was the third-biggest buyer while the European Union came fourth. The economic bloc has attempted to…
Calls Grow For Nationwide Islamic Education In German Schools Authored by Thomas Brooke via Remix News, Germany’s Association for Education and Training (VBE) has called for the introduction of comprehensive Islamic religious education in schools across the country, arguing that Muslim students should be offered the same opportunities as their Christian peers. “We are committed…
T-Day Arrives: Trump Raises Tariff On Dozens Of Countries, With Minimum Rate Of 10% Almost 4 months after Liberation Day sparked a global market crash, moments ago T-Day finally arrived… and barely anyone noticed. Late on Thursday, just ahead of the August 1 deadline for tariff renegotiation, President Trump announced a slew of new tariffs, including…
These Are The Best Military And Intelligence Unit Watches Via Watches Of Espionage, Customized Timepieces From Rolex, Breitling, Tudor, Bremont, & Omega In the W.O.E. community, military “unit watches” are at the heart of modern watch culture. A unit watch is a timepiece that is customized by the manufacturer for members of a specific unit or…
Trump’s Russia Sanctions Ultimatum Will Blow Up In America’s Face: Jeffrey Sachs Economist and longtime adviser to the UN Jeffrey Sachs has issued a scathing critique of President Trump’s decision to unleash yet more anti-Russia sanctions, giving Moscow just ten days to negotiate for peace with Ukraine or else the new punitive measures will go…
Senate Rejects Bids To Block Arms Sales To Israel Authored by Victoria Friedman via The Epoch Times, The Senate voted on July 30 to reject two resolutions that would have blocked arms sales to Israel in response to concerns over civilian casualties in the Gaza Strip since Israeli forces began military action against the Hamas…
In this economic/financial news report we discuss: This channel contains news and analysis that often includes ‘one mans opinion’. The information conveyed should never be taken as investment advice. Everyone should do their own due diligence and research before making investment and money decisions.
These Are America’s 25 Largest Private Landowners The U.S. is known for its massive public national parks, but a handful of families and entrepreneurs also own tracts of land that would dwarf some states. This infographic, via Visual Capitalist’s Niccolo Conte, ranks America’s 25 largest private landowners in 2025 and shows just how concentrated ownership has become. The…
Leftists Suddenly Embrace Christianity After ICE Arrests A Carpenter Named Jesus Authored by Luis Cornelio via Headline USA, U.S. Immigration and Customs Enforcement’s detention of an illegal alien named Jesus Terán, who temporarily worked as a carpenter, has prompted left-wing media figures to draw comical parallels to Jesus Christ, the Son of God, who was also a carpenter. Teran was…
“Medicaid Millionaire”: Louisiana Woman Facing Fraud Charges After Buying Lamborghini While Illegally Collecting Benefits A Louisiana woman dubbed the “Medicaid millionaire” is facing fraud charges after allegedly buying a Lamborghini while illegally collecting Medicaid benefits, according to the state attorney general’s office, reported by Fox News. Candace Taylor, 35, of Slidell, was arrested Monday after investigators…
Is Trump Hellbent On Derailing India’s Rise As A Great Power Authored by Andrew Korybko via Substack, Trump raged against India on Wednesday in a series of posts announcing his 25% tariff on its exports on the pretext of its trade barriers and close ties with Russia. He then announced an oil deal with Pakistan and predicted that “maybe…
Two Waymos Equipped With LiDAR Crash The LiDAR vs. camera debate is a major battle in the autonomous vehicle and robotaxi race. Elon Musk has long insisted that using only cameras on driverless cars is the most efficient way to achieve true self-driving capability. All Tesla models, including the robotaxis, use external cameras to navigate, steer, and brake, while robotaxi…
State Department Sanctions Palestinian Authority Officials, PLO Members Authored by Jack Phillips via The Epoch Times, The State Department on Thursday imposed sanctions on Palestinian Authority (PA) officials and members of the Palestine Liberation Organization (PLO). This comes as U.S. officials arrived in Israel to hold further cease-fire talks. “It is in our national security…
Mainstream Naysayers Gather As Hopes Rise For 4th Year Of Record Coral On The Great Barrier Reef Authored by Chris Morrison via DailySceptic.org, In the next few days, the Australian Institute of Marine Science (AIMS) will issue its annual report on the state of the Great Barrier Reef (GBR). For alarmists promoting the Net Zero fantasy…
Israel Gives Hamas Annexation Ultimatum Despite Increased Criticism From West Israeli officials have reportedly warned Hamas that if it rejects the latest ceasefire proposal, Israel will begin annexing parts of Gaza, according to a fresh Times of Israel report. The report cites Israel’s Channel 12 which indicated Israel submitted its response to Hamas’s latest counteroffer on Tuesday…
This post The Information Problem appeared first on Daily Reckoning. ‘It certainly has a 1999 feel to it,’ we said to no one. Working alone in our little octagonal office in rural France, ‘no one’ is our assistant…our confidante…our right hand man. As sharp as a tack. As empty-headed as a cabinet member. We look…
UBS Finds Over A Million Americans Using “Unapproved” Compounded GLP-1s Shares of Danish pharmaceutical giant Novo Nordisk have experienced a sharp sell-off this week after slashing its full-year sales and profit guidance, citing softening Wegovy demand driven by compounded GLP-1 headwinds. If losses hold through Friday, the magnitude of the drawdown will mark the largest weekly…
Dividend stocks are known for their cash flow and stability. However, if you want a dividend stock that can beat the market, you may have to sacrifice a high yield. That’s not necessarily a bad thing, since a lower yield also results in less taxes. The Nasdaq Composite is filled with great stocks, and it…
Dividend aristocrats offer stability and rising cash flow. These corporations have been raising their dividends each year for at least 25 years, and some of them have delivered market-beating returns. These stocks aren’t cool in the day of artificial intelligence and explosive growth stock gains, but they take a slow and steady approach to the…
Is This The End Of The Cal Bullet Train? Authored by William Anderson via The Mises Institute, It has been The Project That Will Not Die. What began as a California statewide voter referendum in 2008 to approve initial funding for a high-speed rail system between San Francisco and Los Angeles has become a financial…
It was nice while it lasted. Nations all over the globe had until August 1st to agree to a trade deal with the Trump administration. Some of them made deals, but most of them did not. Those that did not will now be hit by a “wall of tariffs”, with individual rates being determined at…
At the end of my last post, I said I’d be following up by describing both some of Musa al-Gharbi’s modes of analysis and assumptions in his book We Have Never Been Woke, and outline who is the “we” he describes, and what he means by “woke.” First, the ground rules. Musa al-Gharbi sets out…
Leftists Lose Their Minds Over Dunkin’ Donuts Ad Featuring White Model Remember when beautiful people were the standard in American marketing? Remember when advertising focused on demographics according to their common interests and their percentage of the general population? It wasn’t all that long ago, but the woke cult has been working hard over the…
Apple Shares Rise On Top- & Bottom-Line Beat; China Returns To Growth Ahead of Apple’s earnings report this afternoon, which concludes the results from big 4 group of the Mag 7 (including MSFT, META and AMZN) Goldman notes the tech giant is a very clear outlier from a sentiment, flow, and positioning perspective relative to…
Gold is one of the world’s most closely watched—and emotionally charged—commodities. It reflects economic conditions but it also magnifies them. Movements in the price of gold can create reactivity in investors more so than many other investments. When currencies wobble, markets tumble, or headlines flash war, gold often becomes the safe harbor. But what exactly…
Amazon Slides On Soft Profit Guidance, Declining AWS Margins With MSFT and META blowing away expectations yesterday and sending the Nasdaq to a new record high, if only to see all those gains disappear during the day, today attention turns to the other two Mag7 giants, AAPL and AMZN, with the latter reporting right after…
Taibbi: New Whistleblower Report Drops As Pressure Mounts In Russia Case Authored by Matt Taibbi via Racket News, I arrived in Washington for an event last night, trying to finish the story about former CIA official Susan Miller’s disputed biography on my phone, when new information dropped from Director of National Intelligence Tulsi Gabbard’s office….
USA Rare Earth Shares Jump 15% After Trump Admin Extends Support To Companies Other Than MP Shares of USA Rare Earth are rocketing higher this afternoon after it was reported that the Trump administration is moving to extend price support mechanisms for U.S. rare earth projects to other companies, broadening a policy that previously focused on…
Rocket Companies (Nasdaq: RKT) reports Q2 earnings after the close with a call scheduled for 4:30 PM ET. Analysts expect revenue of $1.28 billion and normalized EPS of $0.03 — down 50% YoY despite a slight 4% increase in sales. With mortgage rates largely rangebound through Q2, the market will look for signs that purchase…
High Death Toll In Kiev From Overnight Strikes As Russia Reports Major Advance In East Russia launched another missile and drone strike on Ukraine’s capital overnight, killing at least eight people – which is an unusually high death toll for strikes on the city – including a 6-year-old boy and injuring over 100 others, according to…
Blue-chip dividend stocks offer cash flow and low volatility. These investments make more sense as you get closer to retirement and want an extra income source. However, even the most secure stocks enter corrections and become more desirable for patient investors. These three dividend stocks have been receiving more attention due to their high yields…
It seems like more than just a handful of income investors on social media seem to view YieldMax ETFs as one of the best new things to hit the ETF scene in a while. Undoubtedly, these are exotic and exciting yield-heavy ETFs that seem to be “innovating” in ways that most traditional ETF providers haven’t….
Key Points Jim Cramer rarely discusses dividend stocks with high yields But when he does, these picks can pan out very well long-term. Below is a dividend stock that he has recommended many times before, and it comes with a fat yield. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you…
Live Updates Live Coverage Updates appear automatically as they are published. Let’s Get This Party Started 4:01 pm The market has closed and we’re watching for earnings. We’ll update this live blog as soon as we see Apple earnings. Mag 7 Year-to-Date Returns 3:48 pm by Eric Bleeker How does the Magnificent 7 stack up…
WNBA Forced To Stop Game After Lime Green Dildo Thrown On Court How soon until the “Pay that dildo what it’s worth!” t-shirts come out? Just days after a player’s wig fell off mid-game, a lime green dildo was thrown on the court at Gateway Center Arena at College Park, when the Atlanta Dream and…
On July 26, Joshua Rauh, a senior fellow at the Hoover Institution, testified at the Reagan Library before the House Ways and Means Committee. I learned a lot from his testimony and want to share it. Here are some highlights. A growing economy is essential for expanding economic opportunity for all Americans. It is deeply…
Live Updates Live Coverage Updates appear automatically as they are published. Here We Go 4:00 pm The market is closed, we expect Amazon earnings very shortly and will be providing updates. It’s All About AWS Tonight 3:44 pm by Eric Bleeker Amazon shares are up 2% in late trading after Microsoft’s outstanding earnings last night….
