In this economic/financial news report we discuss the coming worsening economic scene, rising prices, higher cost of living, having to work harder just to afford the basics. 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…
10 Years On, The Fight For Ethereum’s Soul Continues… Authored by Gareth Jenkins via CoinTelegraph.com, Ethereum went live 10 years ago, bringing programmability and composability to a technological innovation sparked by the advent of Bitcoin in 2009. But what does the future of Ethereum hold? It’s a loaded question that is incredibly difficult to answer…
Farmer’s Almanac Unveils Long-Range Forecast: “Widespread Wintry Weather” For U.S. The Farmer’s Almanac has issued its long-range forecast for the upcoming Western Hemispheric winter, calling for cold and snowy conditions across large swaths of the Lower 48. While the two-century-old publication touts an 80% accuracy rate, independent analysis places that figure around 55%. The forecast, which dates…
Key Points AI spending on data centers surpassed consumer spending as the biggest driver of America’s economy last quarter. AI spending as a percentage of GDP passed the telecom buildout in the late 1990s, but is still below prior trends like the GDP impact of the construction of railroads in the 1800s. Nvidia made early…
Generation Alpha’s Dream Careers, By Gender For as long as there have been teenagers, there has been curiosity about what they want to be when they grow up. Today, that question is particularly interesting for Generation Alpha—those born from 2010 onward—because they will be the first cohort to grow up entirely in the 21st century,…
The 16 Midterm Races That Could Determine Who Controls The Next Congress Authored by John Haughey via The Epoch Times (emphasis ours), The first 2026 midterm primaries are more than 200 days away, with Arkansas, North Carolina, and Texas kicking off inter-party preliminaries on March 3, 2026, but many congressional races are taking shape as…
These Are The Best-Selling Cars In The US So Far In 2025 The first half of 2025’s best-selling cars in the U.S. confirms America’s long-standing love affair with trucks and SUVs. Pickup models from Ford, Chevrolet, and Ram continue to dominate the top ranks, while compact SUVs from Toyota and Honda also make strong showings….
Eco Loons Suggest Proliferating A Plague Of Ticks To Prevent People Eating Meat Authored by Chris Morrison via DailySceptic.org, Perhaps it’s a drinking or smoking game at Western Michigan University. Try to come up with the most farcical, April Fool-style Net Zero nonsense and see if we can get it published. How about writing a…
Jailed American Hit With New Charges By Russian Court, As 9 Total US Citizens Remain Imprisoned Russian prosecutors have brought new charges against Robert Gilman, an American citizen and former Marine who was already slapped with an eight-year prison sentence for attacking law enforcement while drunk as well as a prison official, according to court records….
Key Points Neocloud Opportunity: Emerging cloud computing companies, termed “neoclouds,” are gaining traction, with examples like CoreWeave and Applied Digital showing significant growth potential. Market Dynamics: As larger cloud providers face supply constraints, smaller companies with GPU capacity are positioned for strong growth, creating investment opportunities in the AI space. Nvidia made early investors rich,…
If you’ve ever dreamed of ditching the conventional suburban life for Old World charm and romance, these European villages may be calling your name. Each offers homes at jaw-dropping prices—sometimes just €1—but with distinct requirements, local flavor, and lifestyle tradeoffs. Here’s a closer look at four towns offering these too-good-to-be-true deals—plus the upsides and challenges…
Syria Eyes Pipeline Lifeline As Post-Assad Power Struggle Escalates By Charles Kennedy of OilPrice.com Syria’s caretaker government is moving to restore the Kirkuk-Baniyas oil pipeline with Iraq, a strategic corridor that had the capacity to move up to 300,000 barrels per day to Syria’s Mediterranean coast before war and sanctions shut it down in the…
Key Points Robotics Potential: The integration of AI into robotics is anticipated to revolutionize everyday tasks, with significant implications for dozens of industries. Market Challenges: Companies in the robotics sector face challenges due to their reliance on the automotive industry, which is currently experiencing a downturn. Investment Opportunity: Ouster, a leader in LIDAR technology, is highlighted…
This post Trump Drafts the Fed Into Currency Wars appeared first on Daily Reckoning. Last week President Trump made a big move in the currency wars. He appointed Stephen Miran, head of the White House Council of Economic Advisers, to a vacated seat on the Fed’s Board of Governors. I’m going to pull together some…
Appeals Court Rules DOGE Can Access Sensitive Federal Data Authored by Sam Dorman via The Epoch Times (emphasis ours), An appeals court has removed a block imposed on the Department of Government Efficiency (DOGE) accessing data within various federal departments. The Department of Government Efficiency (DOGE) website is displayed on a phone, in this photo…
Macrons Secretly Hired Investigator To Dig Up Dirt On Candace Owens French President Emmanuel Macron and First Lady Brigitte Macron have been revealed to have hired a private investigation firm to research conservative commentator Candace Owens, according to a new report from the Financial Times. The investigation comes as the French presidential couple pursues a…
US Ignores Horrific Syrian Govt Massacres Caught On Video As Sharaa Embraced In Amman Authored by Jason Ditz via AntiWar.com, The number of people killed in the massacres in Syria’s Suwayda Governorate is still yet from being fully documented, as tensions continue to flare and the whole governorate is effectively on lockdown from the government….
OpenAI Brings GPT-4o Back After Users Revolt Over GPT-5 OpenAI has brought back GPT-4o following the rollout of their latest GPT-5 model, after users complained that the new model was lame in comparison. The company advertised the new model as the “smartest, fastest, most useful model yet,” which uses a “real-time router” to switch between…
If you recently graduated from college, good luck trying to find a decent job. What we are experiencing right now reminds me so much of the early 1990s. If you were a new college graduate in those days, it was extremely difficult to even get an interview for a good job. Sadly, we are now…
Live Updates Live Coverage Has Ended My reaction 4:34 pm CAVA’s growth narrative hinges on SSS momentum and margin durability — and this quarter showed cracks in comp growth that offset strong new unit economics. Metric Pre-Earnings Estimate Post-Earnings Update Direction FY25 Revenue $1.19B Likely revised lower FY25 EPS (GAAP) $0.58 Unchanged (beat Q2) FY25…
Live Updates Live Coverage Has Ended Final Take 4:25 pm With the founder-CEO exit behind it, Luminar is focused on cost discipline and execution on Halo, but the growth narrative is on pause amid delays and a shrinking revenue base. Metric Pre-Earnings Estimate Post-Earnings Update Direction Q3 Revenue ~$20M est. $17M–$19M FY25 Revenue $82M–$90M $67M–$74M…
Live Updates Live Coverage Has Ended RGTI Climbing Back Up 4:34 pm The initial reaction to RGTI’s earnings miss was overblown and the stock after- hours is climbing back to even. This very well could open trading tomorrow up after updates from management in the earnings conference call that will kick off in under 30…
Key Points Put your $1,000 to good use with these three ETFs. Each of the ETFs have shown impressive historical performance, has a low-expense ratio and are highly diversified. 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 today. Each…
The Economist has an interesting article speculating that the red state advantage in housing affordability may be about to shrink: But what if red states’ cheap-housing advantage were to start shrinking? That may already be happening in places: a study by Edward Glaeser of Harvard University and Joseph Gyourko of the University of Pennsylvania published…
If you could step into a time machine and give your 25-year-old self a pep talk, what would you say? For a lot of retirees, the answers boil down to: “Save sooner. Save seriously. Save smarter.” Survey after survey—from major news outlets to retirement think tanks—comes back with the same theme. Whether they spent their…
Key Points in This Article: Archer Aviation‘s (ACHR) Q2 earnings showed a $206 million net loss, prompting an initial stock sell-off, but shares are rising 5% as investors recognized progress. Six Midnight aircraft are in production, with revenue from UAE deals starting in 2025, supported by $1.724 billion in liquidity. Archer’s strong financial position and…
Key Points Seniors on Social Security are eagerly awaiting a 2026 COLA announcement. Next year’s COLA projection just got an update, and it’s one boomers may like. Struggling seniors should make lifestyle and financial changes rather than bank on a Social Security COLA alone. Are you ahead, or behind on retirement? SmartAsset’s free tool can…
Key Points in This Article: BigBear.ai’s (BBAI) Q2 2025 revenue of $32.5 million missed estimates by almost 21%, down from $39.8 million year-over-year. The company slashed its full-year revenue guidance, signaling operational challenges. A 30% stock plunge followed the earnings report, driven by missed EPS estimates and disrupted federal contracts. Nvidia made early investors rich,…
The U.S. Department of Defense recently released details related to its budget in fiscal 2026. Totaling nearly $962 billion, the proposed annual budget is the largest in Defense Department history, and up 11.6% from the fiscal 2025 budget. While a large share of U.S. military spending goes toward benefits and compensation for military and defense…
BMW’s upcoming Neue Klasse i3 sedan is set for an early 2027 launch. The new model is designed to compete directly with Tesla’s Model 3. Options include six trim levels and a wide range of performance and efficiency levels. Industry gossip suggests the top-tier i3 M60 xDrive will deliver up to 630 horsepower. If this…
This post “The Most Important, Strategic Place in the World” appeared first on Daily Reckoning. It’s 4,350 miles (7,000 kilometers) from Moscow to Anchorage, almost a straight shot over the North Pole via great circle navigation. And it’s not quite 3,400 miles (5,435 km), again via great circle nav, from Washington, D.C. to what some…
AI art and music are quite amazing. In seconds, you can create fun images. To wit, below is a photorealistic image I created with ChatGPT of Adam Smith and David Hume having lunch and Hume sticking Smith with the bill: Or a cartoon image of my summer bowling league team, the Cosmic Colonels: Both of…
At the National Education Association’s 2025 Representative Assembly, delegates approved a controversial resolution for the union’s handbook that referenced “the more than 12 million victims of the Holocaust from different faiths, ethnicities, races, political beliefs, genders, and gender identification, abilities/disabilities, and other targeting characteristics,” conspicuously omitting the word Jewish. The Holocaust was a genocide that…
George Soros turns 95 today, and for his birthday present America brought him the annihilation of his legacy. Soros has been known for two things: making money and spending it on political influence. Over the last few years, he has handed over control of his empire to his son, Alex, and Alex seems unable to…
Ed. Note: Michael Watson is on vacation this week, so in honor of the birth of a new school year, we’re re-upping a past episode on school choice and how to fix education bloat with the fantastic Corey DeAngelis. Hopefully, it leads to twice the enjoyment the second time around. We’ll be back with a…
I’ve got quite a few great podcasts for you today. One is this excellent live show that Erik Torenberg and I did with Dwarkesh Patel, in which we interview Dwarkesh about his thoughts on AI and the economy. The picture of me here is quite silly-looking, but the conversation was excellent: I also went on…
On August 11, 2025, President Donald Trump did something that no other president in modern memory has dared to do: he effectively took over Washington, D.C.’s policing operations. In a sweeping declaration of a public safety emergency, he deployed about 800 National Guard troops, assigned 120 FBI agents to night patrols, and put the D.C….
The stage is being set for a dramatic showdown on the streets of the largest cities in the United States. The mainstream media is freaking out about President Trump’s takeover of Washington D.C, and protests have already begun. Needless to say, Washington D.C. is not friendly territory for Trump. It has one of the highest…
By Nicholas Anthony, CATO Institute President Donald Trump’s executive order on debanking is a mixed bag. It’s less aggressive than his tone on TV when he accused banks of discriminating against him and his supporters. Yet, it still leaves open several questions. At a glance, the executive order requires the following: Regulators must remove the…
Joe Rogan—America’s most influential podcaster—was born on this day in 1967. (At least, that’s what the online claims all say.) Gen X Joe is now 58, but the regime media that he grew up with may not last for many more of his birthdays. Rogan’s long-form interviews are just one trend that is crowding out…
Last week, I wrote about what I believe is one of the most significant developments in Bitcoin’s history — and possibly one of the most underappreciated risks in modern finance. The Trump administration has now formally approved a framework that allows Bitcoin to be offered as an investment option in select 401(k) retirement plans, while…
Why are social media platforms filled with videos of Americans complaining about grocery prices right now? Needless to say, those videos must be striking a chord, because some of them are receiving millions of views. Government bureaucrats are telling us that the cost of food is only going up a few percentage points per year,…
Child Protective Services Investigated Her 4 Times Because She Let Her Kids Play Outside by Lenore Skenazy, Reason, August 9, 2025. Excerpt: During this visit, the social services worker acknowledged that our home was clean, that the children were happy, well-fed, polite, and well-spoken, but said the children had to be supervised 100 percent…
Editor’s note: This essay first appeared in the April 2024 issue of Capital Research magazine. — The Franklin Center for Government and Public Integrity was launched in 2009. To date, it remains the most comprehensive effort to use the nonprofit sector to create and fund skeptical, limited government, state and local news coverage. Franklin’s initial…
Photo (modified) by UK Prime Minister, via Wikimedia Commons In a post a week ago, I shared some pretty startling numbers about the size of the AI-related capex boom: Source: Paul Kedrosky In fact, this boom is so big that in 2025 so far, AI-related investment has contributed more to economic growth than all the…
In this economic/financial news report we discuss more layoffs, debt fueled society, cost of living crisis, handling financial trauma and job losses, investing, and lots more. 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…
A report released today by the Institute for Policy Studies’ (IPS’s) Charity Reform Initiative, The Giving Pledge at 15, examines how the pledge has influenced philanthropy since its original announcement on August 4, 2010. Co-founded by Bill Gates and Warren Buffett, The Giving Pledge is a high-profile effort meant to increase giving by America’s billionaires. Pledge signers promise to give at least…
I found many interesting points in a recent Financial Times story about cocoa beans, the main ingredient of chocolate: see Susannah Savage, Chocolate Cartels: The Rise of Cocoa Smuggling, August 2, 2025. The first set of facts relates to the great “deals” that the states of Ghana and Ivory Coast made with their cocoa farmers….
With all the discussion of free trade, tariffs, and non-tariff barriers, I decided to pick up and quickly skim a short, delightful book by trade economist Jagdish Bhagwati. It’s his 1988 book, titled simply Protectionism. I wrote a short review of the book in the June 5, 1989 issue of Fortune. One of the issues,…
I just sat down with Dan Ferris on Stansberry’s Investor Hour for one of the most honest, wide-ranging interviews I’ve done in a while. Before this conversation hits the wider world, I wanted to make it available first to you — my paid subscribers. It pulls from years of experience, harsh lessons, and truths that…
Co-blogger Pierre Lemieux’s recent post “Can a Constitution Limit the State?” (July 21, 2025) poses an important question, one political theorists have wrestled with for millennia. In the comments section of that post, I linked to a recent paper in the Journal of Institutional Economics by Jacek Lewkowicz, Jan Falkowski, Zimin Lou, and Olga Marut (henceforth…
