Tether USDT Stablecoin Seen On Bolivian Store Price-Tags Authored by Adrian Zmudzinski via CoinTelegraph.com, Tether CEO Paolo Ardoino has shared photos of goods in a Bolivian airport shop priced in the company’s stablecoin, USDt, suggesting growing unofficial use of the cryptocurrency amid the country’s ailing economy. In a Saturday X post, Ardoino shared images of items…
Category: Economy
How I Achieved Financial Independence at 46 with $4 Million – My Journey to a Frugal Retirement
Getting FIRE’d (slang for early retirement in the Financial Independence Retire Early (FIRE) community) in one’s 40s is a dream for many. It’s still young enough to enjoy the most from adventures, experiences, and travel. And while leaving the workforce around two decades from the traditional retirement age may seem a tad too aggressive for…
Will Costco Be the Next Stock to Split in 2025?
Costco Wholesale (NASDAQ:COST) recently dropped an earnings report that got Wall Street talking: a solid earnings beat, but a revenue miss that shows consumers are tightening their belts. Unlike Target (NYSE:TGT), which is raising prices on some items to offset new trade tariffs, Costco’s playing it cool, vowing to hike prices only as a “last…
Container Ship Rocked By Explosion Off Indian Coast
Container Ship Rocked By Explosion Off Indian Coast The Singapore-flagged container ship Wan Hai 503 erupted in flames after an explosion rocked the vessel earlier today off the coast of Beypore, a port town in Kerala, southern India. The Indian Coast Guard (ICG) wrote on X that naval assets responded swiftly following an explosion aboard…
S&P 500 (NYSEARCA: SPY) Live: Broader Market Recaptures 6000 Level in Mixed Session
Live Updates Live Coverage Updates appear automatically as they are published. Corporate America Turns Positive on Economy 12:52 pm by Gerelyn Terzo In Chief Executive Group’s latest poll, taken a week ago, under 30% of CEOs anticipate a mild or severe recession in H2 2025. This is a significant shift from April, when over 60%…
But Apart From All That, Not A Lot Is Happening
But Apart From All That, Not A Lot Is Happening By Michael Every of Rabobank Friday saw US payrolls do their usual comic thing and prove the ADP employment print using ostensibly the same methodology earlier entirely wrong. Jobs were 139K vs. 126K consensus with an unchanged 4.2% unemployment rate and average hourly earnings up…
Why I Think Walmart and Aldi Grocery Prices Are the Same – Are We Alone in This Opinion?
As people all over the country are looking for any way possible to reduce their overall expenses, cheaper groceries are at the top of everyone’s list. Enter Aldi and Walmart, two of the more affordable grocery options available to most people. Key Points This Redditor is trying to gauge whether others agree with his assessment…
Live Nasdaq Composite: Markets Stay Hopeful in Big Week for Tech Sector
Live Updates Live Coverage Updates appear automatically as they are published. Apple Pipeline 12:47 pm by Gerelyn Terzo Apple’s (Nasdaq: AAPL) Worldwide Developers Conference (WWDC) will spotlight announcements from CEO Tim Cook relating to updates to the company’s operating systems for iPhones, iPads, Macs, etc. Apple is also expected to provide updates on AI software…
With $1.1 million in taxable accounts and a $700,000 mortgage, should I rebalance or pay down debt for a guaranteed 4.5% return?
In days gone by, a general rule of thumb for retirement accounts was for a roughly 75/25 stock to bond ratio when one is younger and striving for growth. As the retirement account owner enters his or her 50s, the conventional wisdom held that the ratio should gradually start to swap places, ending with 75/25…
Russia Launched Record Nearly 500 Drones In Overnight Attack On Ukraine
Russia Launched Record Nearly 500 Drones In Overnight Attack On Ukraine In overnight attacks Russia launched a record 479 drones across Ukraine, with airstrikes reported in 10 locations, damaging buildings but surprisingly there were no immediate reports of deaths or mass casualties, with one person reported injured. Ukrainian forces subsequently claimed to have intercepted 460…
Stock Market Live June 9: London Talks to Drive Markets This Week, S&P 500 (VOO) Starts Flat
Live Updates Live Coverage Updates appear automatically as they are published. Amazon Goes to Pennsylvania 11:19 am S&P 500 component company Amazon.com (Nasdaq: AMZN) just announced it will invest $20 billion to expand data center infrastructure in Pennsylvania to support artificial intelligence and cloud computing technologies. New campuses will be built in Salem Township and…
2 NATO Nations Have More Artillery Power Than the US
Key Points Some of the most well-funded and expansive artillery arsenals in the world are in the NATO alliance Behind each one of these big artillery guns is a defense industry and budget that makes and pays for every round There are two nations in NATO that outrank the US in artillery firepower when it…
Greta Thunberg Claims She’s Been ‘Kidnapped’ By Israeli Forces
Greta Thunberg Claims She’s Been ‘Kidnapped’ By Israeli Forces Authored by Ken Silva via Headline USA, Climate alarmist turned humanitarian activist Greta Thunberg said Sunday that she’s been “kidnapped” after she and the rest of the crew aboard the The Madleen, a sailboat that’s trying to break Israel’s starvation blockade on Gaza, was intercepted and boarded by Israeli forces. ‘My…
The Case for Cash Back: Why Are Some People Still Not Using These Rewarding Cards?
There is no question that in today’s credit card world, cash-back is king. While travel cards still enjoy their time in the spotlight, it’s the cash-back card that gets all the glory. Being able to earn what could be considered “free” money is hard to pass up. Key Points There is something to be said…
Key Events This Week: CPI, US-China Trade Talks, Treasury Auctions
Key Events This Week: CPI, US-China Trade Talks, Treasury Auctions The highlight this week will be US CPI on Wednesday and a resumption of trade talks between the US and China today in London. Bessent, Lutnick and Greer are set to meet Chinese representatives at the meeting today. So it’s all the big guns from…
Battered Starbucks Enters Price War
Starbucks Corp. (NASDAQ: SBUX) has counted on China to be its major growth market. That has not worked out. The United States and China are 61% of the company’s revenue. It has 7,758 locations in China, and its comparable-store sales there were flat in the most recently reported quarter. 24/7 Wall St. Key Points: Starbucks…
Can Tesla’s Energy Business Save It as Car Sales Fall?
Tesla Inc. (NASDAQ: TSLA) is in two businesses. One is electric vehicles (EVs) and the other is energy and storage. Energy and storage revenue rose 67% in the past quarter to $2.7 billion. That is well under auto revenue, but EV revenue was down 20% to $14 billion. The energy and storage segment has an…
Tesla (NASDAQ: TSLA) Bull, Base, & Bear Price Prediction and Forecast
Shares of Tesla Inc. (NASDAQ:TSLA) lost 14.11% over the past five days as the fall-out between CEO Elon Musk and President Trump continues. After rebounding 63.57% from its year-to-date low on April 8 through May 27, the stock is down 18.67%. Last Monday, reports of the company’s sales in Europe continuing to collapse made the rounds,…
My first Social Security check came early and now I’m so confused
Key Points The timing of your first Social Security check may surprise you. It usually takes one month after applying for Social Security to get a benefits payment. If your first check shows up sooner than expected, that’s not a bad thing. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you…
Is It Better to Pay off Small Credit Card Balances, Or Leave Them Be?
Key Points Paying off your credit cards right away can help you avoid wasting money on interest. It could also help keep your credit score in great shape. There’s a good chance your credit card will charge you more in interest than you’ll earn elsewhere, so in many cases, paying your balance should trump other…
Newsom Sues Trump Over National Guard Deployment As Media Calls LA Riots ‘Peaceful’
Newsom Sues Trump Over National Guard Deployment As Media Calls LA Riots ‘Peaceful’ Update (0900ET): Well that didn’t take long. California Governor Gavin Newsom issued a statement on X that he will be suing the Trump administration over the deployment of the National Guard to bring a halt to the violent (but ‘peaceful’) riots spreading…
Amazon (NASDAQ: AMZN) Stock Price Prediction for 2025: Where Will It Be in 1 Year
Shares of Amazon.com Inc. (NASDAQ:AMZN) gained 4.12% over the past five trading sessions, increasing its one-month gain to 10.62% and reducing its year-to-date gain to 3.02%. Over the past year, the stock is up 14.17%. At the beginning of June, Bank of America raised the its price target on Amazon.com to $248 from $230, maintaining its…
Palantir Technologies (NASDAQ: PLTR) Price Prediction and Forecast 2025-2030 for June 9
Shares of Palantir Technologies Inc. (NASDAQ:PLTR) fell by 2.83% over the past five trading sessions, trimming its one-month gain to 8.88%. Still, the stock remains up nearly 70% in 2025, with a one-year gain of more than 452%. Since going public in October 2020, the AI firm is up more than 1,288%. In late May,…
Strategic Reset: Warner Bros. Discovery To Split Into Two Public Companies As Cable Business Suffers
Strategic Reset: Warner Bros. Discovery To Split Into Two Public Companies As Cable Business Suffers Warner Bros Discovery’s announcement that it will split into two independent, publicly traded companies by mid-2026 marks a potential end to decades of media consolidation, which has given rise to sprawling global conglomerates spanning film, streaming, and television. The Streaming…
“We’ll Do It Ourselves!” Dutch Vigilantes Stop Cars At German Border In Protest Over Illegal Migration
“We’ll Do It Ourselves!” Dutch Vigilantes Stop Cars At German Border In Protest Over Illegal Migration Authored by Thomas Brooke via Remix News, A group of Dutch citizens staged an unauthorized border control operation this weekend between Ter Apel and the German village of Rütenbrock, citing frustration with what they describe as uncontrolled illegal immigration….
Here’s How Much You Would Need to Invest to Retire on $60,000 in Annual Dividend Income
Key Points in This Article: Dividend investing offers predictable cash flow and potential for long-term wealth through high-yield and dividend growth strategies. Achieving $60,000 in annual dividend income requires significant capital with broad market ETFs or high-yield stocks, often impractical for most investors. Dividend growth stocks, combined with regular investments, reduce the capital needed and…
The Spiritual Battle Between Communism and Capitalism
During that span, capitalist economies have elevated their people’s material well-being more than any other system in human history. In her own hefty (and refreshingly un-angry) three-volume masterwork, capped in 2016 by Bourgeois Equality, economist Deirdre McCloskey credits the intellectual paradigm shift of capitalism with a “Great Enrichment” that lifted average living standards more than…
Futures Rise Ahead Of US-China Talks
Futures Rise Ahead Of US-China Talks US equity futures reverse earlier losses and trade near session highs, with small cap/Russell outperformance pointing to a further potential squeeze in high-beta names as investors monitor talks between the US and China in London to defuse tensions over rare-earth minerals and advanced technology. As of 8:00AM, S&P futures rose 0.2% after the…
I’m on the cusp of early retirement – how do I manage the fear of a 1% financial catastrophe?
As a parent and provider, one of the biggest concerns you can deal with is being gone. What happens to your family after that? How will your family survive without your income? These are the questions far too many parents have to deal with, even if it’s an unlikely scenario. Key Points This Redditor is…
Microsoft (NASDAQ: MSFT) Stock Price Prediction and Forecast 2025-2030 (June 2025)
Everyone knows Microsoft Corp. (NASDAQ: MSFT) and its best-known products, including the Windows operating system and Microsoft 365 suite of productivity apps, but its growing cloud computing platform, Azure, is the future of the company. Microsoft stock has been a millionaire maker for decades, with a stock split-adjusted IPO price of $0.14, which means at…
US, China Gear Up For High-Stakes Meeting In London
US, China Gear Up For High-Stakes Meeting In London U.S. and Chinese delegations have arrived in the U.K. for talks aimed at patching up a fraying truce in an ongoing trade war between the world’s two biggest economies. The US team leby The U.S. team led by Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and…
The Countries Where Economic Uncertainty Is Rising Fastest
Key Points Pandemic disruptions, trade wars, and geopolitical turmoil have driven global economic uncertainty to unprecedented highs. The IMF measures country-level uncertainty by tracking uncertainty-related terms in national reports. Many of the countries where uncertainty rose the most in the past year are small, developing countries dependent on global markets. For individuals, one antidote to…
Are You Missing Out? Unearthing the Credit Card Perks Issuers Don’t Advertise
Credit cards may get a bad rep for having incredibly high annual percentage rates (APR) that drag big spenders even deeper into consumer debt. And while some personal finance gurus think it’s a better idea for irresponsible users just to stop using credit cards altogether, I do think making the debit card one’s primary payment…
Stock Market Performance As Summer Arrives
Stock Market Performance As Summer Arrives Authored by Lance Roberts via RealInvestmentAdvice.cm, Breakout! Next Stop, Previous Highs Last week, we discussed the successful test of the 200-DMA. “Most notably, this past week was the successful test of the 200-DMA. The pullback to that previous broken resistance level and subsequent bounce highly suggests that the April correction…
Stocks and ETFs $5 and Lower With Massive Monthly Ultra-High-Yield Dividends
Investors love dividend stocks, especially the ultra-high-yield variety, because they offer a significant income stream and have massive total return potential. Total return includes interest, capital gains, dividends, and distributions realized over time. In other words, the total return on an investment or a portfolio consists of income and stock appreciation. Let’s take a closer…
Drone Stocks Soar On Trump eVTOL Executive Order
Drone Stocks Soar On Trump eVTOL Executive Order President Donald Trump on Friday signed three executive orders aimed at jumpstarting the development, domestic manufacturing, integration, and global export of U.S.-made drones and electric vertical takeoff and landing (eVTOL) aircraft, reversing the previous four years of stalled progress under the Biden-Harris regime, during which China leapfrogged in…
The Republican Stronghold That Strongly Opposes Offshore Drilling
Key Points Public support for offshore drilling off the U.S. coast has fell from 59.2% of all Americans in 2022 to 52.4% in 2024. Opposition to offshore drilling is even prevalent in some of the most Republican counties. The red counties with the highest opposition to marine drilling are coastal areas where environmental impacts could…
US Electric Vehicle Adoption Plummets
US Electric Vehicle Adoption Plummets Authored by Tsvetana Paraskova via OilPrice.com, EV interest among U.S. drivers has dropped to 16%, the lowest since 2019. Key deterrents include high upfront costs, limited charging infrastructure, and concerns over long-distance suitability. Hybrid and plug-in hybrid vehicles are gaining favor as more practical alternatives. Just 16% of American drivers…
U.S. Vacation Hot Spots Getting Flooded With New Residents
While the full effects of the pandemic on U.S. residential mobility are still being tabulated, new data from the U.S. Census Bureau makes one pattern clear. As remote work becomes more commonplace, and a larger share of Americans age into retirement, more and more U.S. residents are relocating to remote vacation towns. While nationwide the…
US Manufacturing By State: Who Gains Most From ‘Made In America’?
US Manufacturing By State: Who Gains Most From ‘Made In America’? President Trump has championed the idea that a key part of making America great again is bringing back industries that left the country in recent decades. With his tariff-driven trade policy, the White House has promoted “Made in America” as a way to create jobs and…
The Fed Is Very Worried About Tariff Passthrough Onto Prices
The Fed Is Very Worried About Tariff Passthrough Onto Prices Authored by Mike Shedlock via MishTalk.com, The Fed, businesses, and consumers are all concerned over price hikes. Worried About Prices? Please consider the Atlanta Fed research article Worried about Tariff Passthrough onto Prices? So Are Business Execs. Over the past couple of months, newswires have focused…
Immigration is not an “invasion”, nor should it be
Why is social media buzzing with photos of masked protesters waving Mexican flags over burning cars in Los Angeles? Why are there clashes between police, protesters, and ICE? Why has Trump called in the California National Guard, and why is the administration threatening to send active-duty Marines to the city? Why is California governor Gavin…
‘No ID, No Nudes’: Pornhub Pulls Out Of France In Spat Over Age Checks
‘No ID, No Nudes’: Pornhub Pulls Out Of France In Spat Over Age Checks Vive la resistance – in reverse. Pornhub and its sister sites YouPorn and RedTube have gone dark in France, yanking access to their content Wednesday in a dramatic protest over a government crackdown on underage users. A screen displays a “no…
Bulgaria Set To Join Eurozone In 2026
Bulgaria Set To Join Eurozone In 2026 Authored by RFE/RL staff via OilPrice.com, The European Commission has given Bulgaria the green light to adopt the euro as of January 1, 2026, following a positive assessment of the country’s economic convergence. Bulgaria’s approval to join the eurozone represents a significant milestone in its broader integration into…
73% Of Indonesian Men Smoke…
73% Of Indonesian Men Smoke… In 2025, smoking remains a persistent public health concern, with sharp disparities visible not only across countries but also between genders. The World Health Organization estimates that tobacco use causes over 8 million premature deaths each year. Of these, more than 7 million are due to direct tobacco use, while around 1.3…
5 Social Security Changes You Missed This Year
Key Points Social Security looks different today than it did in 2024. Benefits went up, as did the wage cap and earnings-test limit. Qualifying for Social Security got harder, and some people are now in line for more benefits thanks to the elimination of certain provisions. Are you ahead, or behind on retirement? SmartAsset’s free tool can…
EU Farmer Protests Far From Over As They Battle Threats From Mercosur Trade Agreement And Ukraine
EU Farmer Protests Far From Over As They Battle Threats From Mercosur Trade Agreement And Ukraine Via Remix News, Farmers in Spain and France were again protesting agricultural imports from Ukraine and South America under the Mercosur trade agreement ahead of Brazilian President Luiz Inacio Lula da Silva visiting France and the expiration of a…
Restoring American Maritime Dominance: A National Imperative
Restoring American Maritime Dominance: A National Imperative Authored by Andy Thaxton via RealClearWire, As a career Naval intelligence officer, I spent years observing China’s maritime ascent. Briefing after briefing warned of China’s increasingly aggressive intentions of seapower, and yet, all that analytical churn has had negligible impact on U.S. naval posture. Now, watching from the sidelines,…
Washington DC Dominates The US Gun-Deaths League
Washington DC Dominates The US Gun-Deaths League Gun violence remains one of the most pressing public health issues in the United States. But as Visual Capitalist;s Bruno Venditti shws in the following chart, according to data from USAFacts as of December 2023, gun-related deaths vary significantly across states, reflecting long-standing regional and demographic differences. Preliminary numbers show…
Los Angeles Warzone: “Insurrectionist Mobs” Attack Cops, Set Fires, Block 101 Freeway
Los Angeles Warzone: “Insurrectionist Mobs” Attack Cops, Set Fires, Block 101 Freeway Watch Riots Live: * * * Update (1905ET): What began as an anti–Immigration and Customs Enforcement (ICE) protest, coordinated by rogue Marxist-aligned nonprofits, on Friday night in downtown Los Angeles quickly spiraled into riots and chaos, escalating by Sunday into what sure seems…
AI Is Taking Thousands Of Jobs; Is Yours At Risk?
AI Is Taking Thousands Of Jobs; Is Yours At Risk? Authored by Autumn Spredemann via The Epoch Times, Just as the internet radically changed how America conducts business, artificial intelligence (AI) is also making waves in the workplace by taking thousands of jobs. It’s an outcome that industry experts have warned would happen, and professionals…
