‘Shadow Government’ Bureaucrats Exposed For Stoking Woke Insanity In Red States A new report from the State Leadership Initiative (SLI), released Wednesday, is sounding the alarm on how conservative states are quietly adopting woke policies, driven by little-known national bureaucratic organizations. The report, first reported by Fox News, details how a web of well-funded national…
Category: Economy
Trump vs. Putin: Rickards on the Ukraine Endgame
This post Trump vs. Putin: Rickards on the Ukraine Endgame appeared first on Daily Reckoning. Tomorrow, President Trump will finally meet face-to-face with President Putin. The summit will take place in Anchorage, Alaska, as covered in detail by our friend Byron King earlier this week. President Trump has stated that his primary goal is to…
Inflation Is Out Of Control (Again), And We Are Getting Slammed By Double-Digit Price Increases In Every Direction
Well, that was quite a shock. We just got confirmation that inflation is starting to accelerate once again. That is really bad news, because the cost of living has already been stressing people out all over the country. In fact, one recent survey found that 86 percent of Americans are stressed out about grocery prices….
Kellogg’s Agrees To Remove Artificial Dyes From All Cereals
Kellogg’s Agrees To Remove Artificial Dyes From All Cereals WK Kellogg is the first company to commit in a legal agreement to removing artificial dyes from its products, Texas Attorney General Ken Paxton announced on Aug. 13. “I’m proud to officially say Kellogg’s will stop putting these unhealthy ingredients in its cereals,” Paxton, a Republican,…
Live: KULR Shares Skyrocket 17% After Earnings
Live Updates Live Coverage Updates appear automatically as they are published. Conference Call Has Ended 5:28 pm KULR’s conference call has ended. As we noted earlier, it was largely contentious, but that’s to be expected with shares down 78% year-to-date. That figure will improve tomorrow, as shares are up 17% after hours. We’ve included some…
DOE Taps 10 Advanced Reactor Companies For Expedited Nuclear Pilot
DOE Taps 10 Advanced Reactor Companies For Expedited Nuclear Pilot By Robert Walton of Utility Dive, Summary: The U.S. Department of Energy on Tuesday selected 11 advanced reactor projects to participate in a nuclear pilot program that aims to expedite deployment without Nuclear Regulatory Commission licensing, according to a June request for applications. DOE wants…
Live: Applied Materials (AMAT) Sinks 14% After Hours
Live Updates Live Coverage Updates appear automatically as they are published. Stock Will Be Very Down Tomorrow 5:24 pm Well, nothing was said on the Applied Materials call to change around steep after hours losses. The company is down 14% as of 5:25 p.m. ET. Will this be the start of long-term troubles or a…
Live: Quantum Computing (QUBT) Drops 3% After Announcing Q2 Earnings
Live Updates Live Coverage Updates appear automatically as they are published. Not Much in Q&A 5:04 pm Well, that was a very light Q&A session! Here’s the questions the company took in their call via S&P Capital IQ: Troy Jensen Cantor Fitzgerald & Co., Research Division Congrats on all the traction here. Maybe first off…
Live: Nu Holdings (NU) Shares Jump 8% After Earnings
Live Updates Live Coverage Updates appear automatically as they are published. Confernce Call at 6 p.m. ET 5:33 pm NU Holdings’ conference call is scheduled for 6 p.m. We’ll post updates and a summary. If you want to receive that we highly encourage you to leave this page open as new updates will automatically post later. As…
Trump Signs Order Easing ‘Restrictive’ Space Industry Rules
Trump Signs Order Easing ‘Restrictive’ Space Industry Rules Authored by Melanie Sun via The Epoch Times, President Donald Trump signed an executive order on Aug. 13 to ease regulations for the commercial space industry and enhance “American greatness in space.” The order directs Transportation Secretary Sean Duffy to work on streamlining the license and permitting…
3 ETFs to Turn $78k Into $500 in Monthly Income
Locking in exchange-traded funds with high dividend yields is a very good idea in this environment, especially as the market is convinced that the Federal Reserve will start cutting interest rates more seriously in September. The recent inflation report did not show tariffs significantly impacting prices. This should lead Federal Reserve Chairman Jerome Powell to…
Goldman Finds America’s Egg Supply Has “Likely Normalized” After Supply Shock
Goldman Finds America’s Egg Supply Has “Likely Normalized” After Supply Shock Remember when the Biden-Harris regime’s controversial response to avian flu, which included culling roughly 150 million egg-laying hens, triggered a sharp, nationwide spike in egg prices? That reckless policy was baseless. Then, upon taking office for his second term, President Trump moved quickly to address the supply shock, implementing countermeasures aimed at…
Electricity Inflation: The Next Big Story
Electricity Inflation: The Next Big Story By Peter Tchir of Academy Securities A few months ago, we started to regularly check in on the Tariff Revenue chart. We look forward to getting the next “large” number in a little less than 2 weeks. In the meantime, this chart has attracted our attention. Full credit to…
Did ULTY’s Sky-High Payouts Beat the Market This Past Year?
YieldMax has a lengthy menu of high-yielding exchange-traded funds (ETFs), and the YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY) is among the most appealing for passive income investors. Yet, inquiring minds will surely want to know whether the ULTY ETF’s cash distributions have historically outperformed the stock market as a whole. If you’ve tried putting…
Despite International Courts, Climate Science Is Not The Law In The U.S.
Despite International Courts, Climate Science Is Not The Law In The U.S. Authored by Gary Abernathy via The Empowerment Alliance, While not everyone is on board with President Trump’s “America First” philosophy, its importance when it comes to energy is brought into sharp focus when considering where the U.S. would be if it capitulated to…
No Panama Port Deal For CK Hutchison And BlackRock This Year
No Panama Port Deal For CK Hutchison And BlackRock This Year The $19 billion sale of CK Hutchison’s 43 global ports, including two strategically vital ports on the Panama Canal (Balboa and Cristóbal terminals), to a BlackRock-led consortium is far from completion, mired in the crossfire of US-China trade and geopolitical tensions. CK Hutchison co-managing director Frank Sixt told…
Forget SPY: These 2 Dividend ETFs Beat the S&P 500
The default exchange-traded fund for most investors is the SPDR S&P 500 ETF Trust (NYSEARCA:SPY), which tracks the S&P 500. Investors then usually mix it with a Nasdaq-based ETF and some dividend ETFs, depending on their age. However, it pays to look outwards more often, as plenty of ETFs on the market can land you…
Some thoughts on the gerrymandering wars
Texas and California, states once so close that the star on California’s state flag honors the Lone Star on Texas’s flag (this is a true story), are fighting again. This time, the battle is over representation in the U.S. House of Representatives, triggered by the Republican-controlled Texas state government (reportedly at the urging of President…
Fraud Hunters: Sniffing Out Bogus Science
Fraud Hunters: Sniffing Out Bogus Science Authored by Vince Bielski via RealClearInvestigations, Molecular biologist Mike Rossner, who has committed his life to following the science, now finds himself playing an unexpected if urgent role – exposing the fraud of his fellow scientists. Rossner is part of a network of experts that sniff out researchers who…
Evaluating the US-Japan Trade Deal on Mercantilist Terms
Short Version: it’s bad, even by the preferred metrics of protectionists. On July 23, US and Japanese trade negotiators reached a deal on tariffs, investments, and other international transactions. Much has been written about how bad the deal is from a standard economic perspective (see, for example, here). But President Trump and his administration, who…
AI-Powered Radar Can Now Spy On Your Phone Calls From 10 Feet Away
AI-Powered Radar Can Now Spy On Your Phone Calls From 10 Feet Away Oh great, more surveillance! A team of Penn State computer scientists has cooked up a chilling new way to eavesdrop: detecting the microscopic vibrations your smartphone gives off during a call and translating them into words using artificial intelligence. The method relies…
Trump Ousts Leadership and Picks 2025 Kennedy Center Honorees in Unprecedented Power Move
President Donald Trump has taken unprecedented control over the Kennedy Center Honors, personally selecting this year’s honorees. This move broke with the tradition of bipartisan board selection, which historically has included public input. The announcement reportedly caught staff off guard, prompting the resignation of the event’s executive producer. Trump claims his choices weren’t based on…
Opendoor Defies Wall Street and Soars 16%. Time to Climb Aboard Again?
Key Points in This Article: Opendoor Technologies (OPEN) surged last month after a 1,000% gain prediction but crashed soon after. Today’s 16% jump, briefly hitting 25%, lacks clear news, hinting at meme-driven speculation. Investors must question if this is a new buying frenzy or a fleeting pump. Nvidia made early investors rich, but there is…
Did Trump Just Launch Rocket Lab Into the Stratosphere?
Key Points in This Article: Rocket Lab (RKLB) is the second-most successful space company, with 69 Electron launches and over 190 satellites deployed. President Trump’s executive order today targets regulatory hurdles, potentially boosting private launch providers like Rocket Lab. RKLB’s stock rose 4% in morning trading, sparking speculation about significant growth potential. Nvidia made early…
Forget Palantir: These 3 Undervalued AI Stocks Are Set to Surge
Palantir (NASDAQ:PLTR) is Wall Street’s latest and greatest darling, and it has shown no sign of slowing down as it continues to procure government contracts and propel the market’s ongoing AI rally. The company has been beating and raising with stellar figures every quarter, and the growth outlook is only getting better, with former bears…
3 Cheap Dividend Stocks With Excellent Yields
When it comes to picking stocks to buy in 2025, you need to look for stability and minimal volatility. The market has seen a lot of ups and downs this year, and building a portfolio that is resilient to that volatility should be your investment goal. I believe that the best dividend stocks aren’t those…
Lumen Technologies (NYSE: LUMN) Stock Price Prediction and Forecast 2025-2030 (Aug 2025)
Concerns about the prospects for Lumen Technologies Inc. (NYSE: LUMN) have lingered. However, recent quarterly results suggested a positive shift in its financial health due to a focus on strengthening its balance sheet and improving liquidity by reducing debt. The global telecommunications company has also focused on improving customer satisfaction. However, it still faces challenges…
The U.S. Navy’s Most Expensive Weapons Programs in 2026
The U.S. Department of Defense recently released a report detailing its requested budget for the 2026 fiscal year. Of the Pentagon’s nearly $962 billion in requested funding for the coming year, approximately 40% — or $384.4 billion — will go towards weapons development and procurement. Even though the DOD’s weapons development and procurement budget accounts…
2 High-Yield REIT Picks to Capitalize on Imminent Fed Rate Cuts
Key Points in This Article: July’s CPI signaled cooling inflation, boosting expectations for Fed rate cuts in September, but a bigger-than-expected increase in the PPI tempered enthusiasm slightly. Despite the conflicting data, CME FedWatch still shows strong rate cut probability. The two high-yield REITs below could see enhanced growth from lower interest rates, making them…
Are The Ivies Well Endowed?
This post Are The Ivies Well Endowed? appeared first on Daily Reckoning. For decades, the Ivy League has been treated as a sort of financial Olympus—an elite club where money flows like vintage Bordeaux and the only financial hardship is deciding which fund manager gets to manage the latest billion-dollar donation. Harvard, Yale, Princeton… the…
Prediction: This Unloved AI Stock Has What it Takes to Outrun Nvidia in the Second Half of 2025
Nvidia (NASDAQ:NVDA) stock continues to be the talk of the town. Jensen Huang’s GPU empire has really made the most of the AI boom. And while there will be other winners from this revolution, especially as agents and the race to AGI (artificial general intelligence) fuels the boom, I do think that the AI chip…
China’s Expanding Navy Outpaces Every Naval Power in the World
Over the past few decades China’s navy has undergone a huge transformation, building up from a modest coastal defense force into the largest naval power on Earth. With more than 750 warships and submarines at its disposal, China’s fleet has not only surpassed its long-standing rival Russia, but it has also eclipsed the U.S. Navy…
Ukraine’s GDP Same as Kansas
As the war between Russia and Ukraine rages into its third year, the Ukrainian economy is occasionally mentioned. The United States has access to some of Ukraine’s valuable minerals. Ukraine spent $65 billion on weapons last year, according to the International Peace Research Institute (SIPRI). That is about one-third of Ukraine’s gross domestic product (GDP),…
ULTY Will Thrive in Today’s Market
Key Points The market price of ULTY has fallen significantly from February to August by over 25%, and nearly 70% from its high, which has caused some analysts to downgrade it to a “hold”. The high 86% distribution yield is paid out weekly, making it extremely popular with many investors with high risk tolerance. There…
Oversight Chair: Bill Clinton Is “Prime Suspect” In Epstein Investigation
Oversight Chair: Bill Clinton Is “Prime Suspect” In Epstein Investigation Authored by Steve Watson via Modernity.news, House Oversight Committee Chairman James Comer has named Bill Clinton as the number one suspect in the committee’s ongoing investigation into the Jeffrey Epstein saga. Appearing on Newsmax, Comer urged that he will seek explanations for why Clinton visited the infamous…
Two Economic Ideas That are True and Nontrivial
Timothy Taylor, at Conversable Economist, had a post on August 13 titled “What Economic Ideas are True and Nontrivial?” He starts with a famous story that Paul Samuelson told and I’ll quote it here: [O]ur subject puts its best foot forward when it speaks out on international trade. This was brought home to me years…
Putin Hints At Expected Nuclear Arms Treaty Breakthrough With Trump At Summit
Putin Hints At Expected Nuclear Arms Treaty Breakthrough With Trump At Summit Russian President Vladimir Putin is due in Anchorage, Alaska for the much anticipated bilateral summit with the US President and on Thursday he has praised the Trump administration’s “energetic” efforts to end the war in Ukraine. What’s more is that he suggested the…
Initial Jobless Claims Unchanged Since 2021
Initial Jobless Claims Unchanged Since 2021 Initial Jobless Claims remain muted, at the same level (224k) they were at in Nov 2021 (with non-seasonally adjusted claims hovering near record lows)… Source: Bloomberg Continuing jobless claims remain above the 1.9 million Maginot Line… Source: Bloomberg But the silver lining (if that’s what one would call it)…
Producer Prices Spike Most In 3 Years In July As Services Costs Soar
Producer Prices Spike Most In 3 Years In July As Services Costs Soar Following the ‘mixed’ message from CPI earlier in the week (which the market perceived as dovishly cooler than expected), Producer Price Inflation was expected to accelerate in July’s data released today. …and accelerate it did – dramatically with headline PPI rising 0.9%…
Futures Flat, Global Stock Rally Fizzles Ahead Of PPI Report
Futures Flat, Global Stock Rally Fizzles Ahead Of PPI Report The global market rally stalled and US equity futures are flat with small caps underperforming (SPX and NDX made new ATHs yesterday while the Russell still sits ~5% below its ATH) into this morning’s PPI print, where the market may confirm CPI’s trend as well…
75 Critical U.S. Public Companies
For a long time, I’ve said COVID exposed just how fragile America’s productive capacity has become. When the pandemic hit and supply chains froze, we quickly learned how little we actually made here at home. Even for critical needs—medications, protective gear, semiconductors, rare-earths, steel—we found ourselves relying on overseas suppliers and the goodwill of trading…
U.S. MQ-9 Reaper Drone Flies Rare Drug-Cartel Hunting Mission In Mexico
U.S. MQ-9 Reaper Drone Flies Rare Drug-Cartel Hunting Mission In Mexico Last week, The New York Times reported that President Trump issued a directive authorizing the Department of Defense (DoD) to conduct direct military operations against certain Latin American drug cartels designated as Foreign Terrorist Organizations (FTOs). Shortly afterward, Mexican President Claudia Sheinbaum rejected the…
Rare Earths Rally After Department Of Defense Sets A Price Floor
Rare Earths Rally After Department Of Defense Sets A Price Floor By Metal Miner The global rare earth metals market has seen a whirlwind of developments in the past few weeks, sending ripples through both supply chains and pricing. A series of U.S. and Chinese policy moves, from Washington’s unprecedented price support for rare earth…
RIP IRA: The Inflation Reduction Act’s final anniversary
This weekend will be the third anniversary of the Inflation Reduction Act, signed on August 16, 2022. With many of its provisions targeted for termination by the current congress and president, the IRA won’t live to a fourth anniversary. But it leaves behind two major legacies: While congressional euphemisms have always been abusive to the…
Police In Southern California Find $30,000 Worth Of Labubus Stolen From Warehouse
Police In Southern California Find $30,000 Worth Of Labubus Stolen From Warehouse A police department in Southern California recovered about $30,000 worth of Labubu dolls that were stolen from a warehouse, the agency announced this week. The collectible items have recently surged in popularity. The Labubus were stolen in a series of trips that spanned…
‘Mired In Soviet Decision-Making’: Report Pins Immense Losses On Zelensky’s Firing Of Gen. Zaluzhny
‘Mired In Soviet Decision-Making’: Report Pins Immense Losses On Zelensky’s Firing Of Gen. Zaluzhny The Western mainstream media continues the trend of turning on Ukraine, now that it’s clear that it cannot win the war against Russia. Recall that during the opening couple years of war, the MSM treated any criticisms of Zelensky or the…
Norway’s Sovereign Wealth Fund Ups Its Indirect Exposure To Bitcoin
Norway’s Sovereign Wealth Fund Ups Its Indirect Exposure To Bitcoin Authored by Vince Quill via CoinTelegraph.com, Norway’s sovereign wealth fund, the largest state-directed wealth fund in the world, increased its indirect Bitcoin exposure by 192% over the last year, according to crypto research company K33 Research. The fund has indirect exposure to 7,161 BTC through its investment portfolio,…
On The High Seas, The Navy Is 3D-Printing Its Way Out Of Supply Chain Delays
On The High Seas, The Navy Is 3D-Printing Its Way Out Of Supply Chain Delays The United States Navy is testing industrial-scale 3D printing systems it says could reshape the way it supplies and repairs its ships, aircraft and other equipment, particularly in remote or contested environments where weeks-long waits for parts are not an…
Stirrings Of Rebellion In Unhappy Britain
Stirrings Of Rebellion In Unhappy Britain Authored by Niall McCrae via Off-Guardian.org, I read it right, the first time. An ‘elite police division’ has been assembled by the Home Office to monitor remarks made by social media users on immigration, at a time when the provision of over two hundred hotels for illegal migrants is…
Escobar: The Bear & The Eagle Face-Off In Alaska
Escobar: The Bear & The Eagle Face-Off In Alaska Authored by Pepe Escobar, All eyes on Alaska. The Bear-Eagle face-off is part of an astonishing acceleration of history in the summer of 2025… Two weeks after Alaska, there’s the Shanghai Cooperation Organisation (SCO) annual summit in Tianjin, China. India’s Narendra Modi and Iran’s Masoud Pezeshkian will join,…
Latest Global Nuclear Project Snapshot Shows China Still Dominates
Latest Global Nuclear Project Snapshot Shows China Still Dominates Nuclear has been a core investment theme since December 2020, followed by the launch of “The Next AI Trade” in April 2024 and the introduction of the “Powering Up America” theme shortly thereafter. We expanded our nuclear coverage yesterday as Goldman initiated bullish coverage on Uranium Energy…
