Wondering which stocks to keep on your radar? You may want to follow Jim Cramer. He brings up various stocks and offers quick summaries of them during his show, and he recently picked a promising stock that can beat the market. That stock is SoFi Technologies (NASDAQ:SOFI), which has almost doubled from its 2025 lows….
Category: Economy
DOGE Was Always Doomed
I’m sure DOGE will have a long history as the textbook definition of overpromising and underdelivering. There were a lot of reasons to be skeptical of their chances to meet their goals. But I just want to focus on simple realities DOGE didn’t – and couldn’t – alter. In 2024, federal spending was $6.8 trillion….
One Big Beautiful Budget Deficit
One Big Beautiful Budget Deficit By Philip Marey, Senior US strategist at Rabobank Summary On Thursday, Congress passed the “One Big Beautiful Bill” that is supposed to include all Trump’s promises on fiscal policy in his second term. The bill includes tax cuts and additional spending on Republican priorities. The bill will extend the income…
Bill Gates’ Fortune Dropped $35 Billion This Year
Bill Gates’ fortune has dropped $35 billion this year to $124 billion. Microsoft’s former CEO Steve Ballmer, who Gates hired, has a net worth of $172 billion now. That’s up by $26 billion in 2025. One secret is that Ballmer kept his Microsoft (NASDAQ: MSFT) stock. Gates has given a lot of his money away….
FBI, Sheriff’s Office Arrest 28 Motorcycle Gang Members In ‘Operation Mongolian Beef’
FBI, Sheriff’s Office Arrest 28 Motorcycle Gang Members In ‘Operation Mongolian Beef’ Over two dozen alleged members of an outlaw motorcycle gang have been arrested and charged in connection with a March shooting at a Florida gas station, the FBI’s Jacksonville office announced on Wednesday. In total, 28 members of the Mongols motorcycle gang were arrested during a joint…
Tokenization Begins: A New Way to Buy Private Shares
This post Tokenization Begins: A New Way to Buy Private Shares appeared first on Daily Reckoning. Want to own shares of SpaceX or OpenAI? How about owning shares of other real-world innovators shaping the future? As of today, buying shares in these private companies outright isn’t possible for most investors. But a recent move from…
Columbia To Pay $9 Million To Settle Lawsuit Over US News College Ranking Data
Columbia To Pay $9 Million To Settle Lawsuit Over US News College Ranking Data Authored by Katabella Roberts via The Epoch Times (emphasis ours), Columbia University has agreed to pay $9 million to settle a proposed class-action lawsuit by a former student who claimed the school submitted inaccurate data to U.S. News & World Report,…
These 3 Amazing Dividend Stocks Have Rewarded Shareholders Forever
Key Points in This Article: Dividend investing has offered reliable income and outperformance over non-payers for at least the last 50 years. Reinvested dividends compound returns over time, providing a buffer against market volatility, making these stocks ideal for income-focused and growth-oriented investors seeking long-term wealth creation. Sit back and let dividends do the heavy…
Texas Floods Kill 24; Search Underway For Missing Girls From Summer Camp
Texas Floods Kill 24; Search Underway For Missing Girls From Summer Camp At least 24 people have died, and dozens remain missing after 1.8 trillion gallons of rain fell across Central Texas, unleashing catastrophic flooding in the Texas Hill Country and the Edwards Plateau early Friday. Among the missing are between 23 and 25 girls…
Can These Two Battered Stocks Soar Once Again?
Key Points in This Article: Investing in discounted stocks can offer significant opportunities in buying undervalued companies poised for a rebound. However, low-priced stocks may reflect fundamental issues like flawed strategies or market shifts, requiring careful analysis of a company’s business model and leadership to assess recovery potential. A new CEO with a clear vision…
We’ve Already Defaulted
This weekend, I made an appearance on the Zero Hedge Podcast—a platform I’ve long loved to read and have been a friend of. The full video is below. At the outset, I explained why I’ve mostly stepped back from doing my own podcast. “I feel like I don’t have anything of dire importance to say…
Walton Family Fortune Jumps $30 Billion
The net worth of the three children of Walmart Inc. (NYSE: WMT) founder Sam Walton has risen to $359 billion. That is almost $30 billion higher for 2025. The increase is almost certainly part of a longer-term increase in Walmart stock, which is up 44% in the past 12 months. Walmart’s market cap is $84…
Why The Nifty 50 Looks Like The Right Trade in 2025
When most people think about benchmarks in the stock market, they gravitate toward the S&P 500 and Nasdaq Composite. While these indices have performed well in the long run, the tariff drama at the start of the year made investors realize the importance of diversifying into international holdings. Just as picking individual stocks is more…
2 International Dividend Stocks For Retirees
Retirees looking for dividend growth stocks at a reasonable price have ample reasons to look outside of America, especially with the S&P 500 skyrocketing to new all-time highs and, with that, a somewhat rich valuation. If you’re an investor who’s primarily invested in U.S. names, it can be a bit tricky to discover the world…
This Is The Income A Family Needs To Be Middle Class, By State
This Is The Income A Family Needs To Be Middle Class, By State Across the United States, what qualifies as “middle class” varies widely depending on where you live. This map, via Visual Capitalist’s Bruno Venditti, breaks down the median household income for each U.S. state, revealing sharp contrasts in earning power. It provides a…
Trump’s Big Beautiful Bill Could Give Some Retirees an Extra $120,000
Key Points President Trump’s Big Beautiful Bill makes major changes to the tax code. Some retirees will see a windfall of $120,000 over their lifetime. A new tax deduction for seniors will help retirees save. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to…
Social Security Says I Owe $13,000, but I’ve Never Applied for Benefits. Is This a Mistake?
Social Security provides stable income to over 70 million Americans each year. Though primarily benefiting retirees, SS also supports those on disability. Additionally, eligible family members of deceased recipients receive survival benefits. Many forms of Social Security payments aid people in all walks of life across the socioeconomic spectrum. Since millions of people rely on…
These 2 Dividend Stocks Can Make You Wealthy
Key Points in This Article: Dividend investing focuses on companies paying consistent, growing dividends, offering steady income and compounding wealth over time for long-term financial security. Yield on cost, measuring current dividends against the original purchase price, highlights the value of dividend growth stocks over high-yield or low-yield options. Avoiding ultra-high-yield stocks reduces risk of…
Why Do 1,000 Refugees Get Free Wimbledon Tickets While Long Suffering Locals Get None?
Why Do 1,000 Refugees Get Free Wimbledon Tickets While Long Suffering Locals Get None? Authored by Jo-Anne Nadler via DailySceptic.org, Glancing upwards only to spot a drone hovering over their gardens last week was the last straw for residents of Welford Place SW19, whose homes overlook the much lauded All England Lawn Tennis Club (AELTC)….
US Coffee Store Number Tops 40,000
China’s Starbucks-adjacent chain, Luckin Coffee, has recently expanded to the U.S. The Beijing coffee giant, which was founded in 2017, exploded throughout China, surpassing Starbucks within the Asian country in both sales and number of locations. China now has over 20,000 Luckin stores. The unique coffee outlet functions without the use of cashiers, utilizing a…
UN Nuclear Inspectors Depart Tehran As Iran Vows To Keep Enriching
UN Nuclear Inspectors Depart Tehran As Iran Vows To Keep Enriching A group of inspectors from the United Nations’ nuclear watchdog has finally and formally departed Iran after the country decided to halt its cooperation with the agency, following last month’s surprise bombing raids by Israel and the United States. The International Atomic Energy Agency…
Trump’s Big Beautiful Bill Helps Out Boomers, But Young People Pay the Price
Key Points The Big Beautiful Bill offers a nice tax break for seniors. Cuts in the bill could negatively affect younger Americans. The bill could limit healthcare access in a number of ways. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you…
3 Warren Buffett Dividend Stocks to Buy Right Now With $1000
If any investor has stood the test of time, it is Warren Buffett, and with good reason. For years, the “Oracle of Omaha” has had a rock-star-like presence in the investing world, and his annual Berkshire Hathaway Inc. (NYSE: BRK-B) shareholders meeting draws thousands of loyal fans who are investors. This year’s meeting ended with…
French Left-Wing MPs Introduce Amendment To “Reduce” Coverage Of Migrant Crime Stories
French Left-Wing MPs Introduce Amendment To “Reduce” Coverage Of Migrant Crime Stories Via Remix news, When reality does not mesh with the “narrative,” the left’s standard tactic is to turn to censorship, and the French left is no different. The French Greens and other left-wing parties now want to make sure that news stories are…
Have $5000 – Should You Buy SPXL?
Key Points in This Article: Low-cost S&P 500 ETFs or mutual funds average 10% annual returns, and only 10.5% of active mutual funds beat the S&P 500 over the last 10 years, with active ETFs under 20%. It makes plain vanilla index investing the best option for most investors. Direxion Daily S&P 500 Bull 3X…
The Spiderweb & The Lion: Subversive Infiltration And US National Security
The Spiderweb & The Lion: Subversive Infiltration And US National Security Authored by Andy Thaxton via RealClearWire, Over a decade ago, when I was working on force protection issues for Navy air logistics missions, the threat of drone attacks was just beginning to be seriously discussed. We kicked around contingencies and “what ifs,” but those…
These Are The Most Stolen Cars In Every US State
These Are The Most Stolen Cars In Every US State Car theft is a widespread issue, driven by factors like demand for parts and organized criminal activity. In 2024, over 850,000 vehicles were stolen across the U.S., averaging one every 37 seconds. To see which cars are being targeted the most, Visual Capitalist’s Marcus Lu visualized…
California Homeschool Families Rally Against Bill For Increased Oversight, Funding Cuts
California Homeschool Families Rally Against Bill For Increased Oversight, Funding Cuts Authored by Kimberly Hayek via The Epoch Times (emphasis ours), Homeschooling families in California are rallying against a bill they say would cut funding for critical enrichment programs and force their charter schools to close down. Protesters rally to oppose AB 84 in California…
Facebook Is Still The Most Important Social News Network
Facebook Is Still The Most Important Social News Network According to the Reuters Institute Digital News Report 2025, over half of under-35-year-olds in the United States now say that social media/video networks are their main source for accessing news, followed by TV and online news sites. As Statista’s Anna Fleck reports, among the 12 countries that…
Israel Arms New ‘Anti-Hamas’ Militias In Gaza: Report
Israel Arms New ‘Anti-Hamas’ Militias In Gaza: Report Via The Cradle Israeli media reported Thursday on the presence of two new, Israeli-backed armed groups operating against Hamas in the Gaza Strip. According to Israeli news outlet Ynet, “one group is active in Gaza City, and the other in Khan Yunis” – where the Israeli military is currently present. Ynet had…
No Love Letters
No Love Letters By Elwin de Groot, head of macro strategy at Rabobank Financial markets got treated with a surprisingly strong June employment gain in the US yesterday, JOLTing 10y Treasury yields nearly 7bp higher and even more so at the front-end of the curve. Indeed, the market’s change of heart saw the implied probability…
An Abundance of Scarcity
This post An Abundance of Scarcity appeared first on Daily Reckoning. Is the war still going on between Russia and the Ukraine? Are there still any Palestinians alive in Gaza? Who knows? The news cycle has moved on. No time to think about it. No time for study or reflection…The incoming news rushes in like…
Jim Cramer’s AI Stock Could Be A Major Winner
Many artificial intelligence stocks have rewarded long-term investors, especially over the past year. Nvidia (NASDAQ:NVDA) is the biggest AI stock, and it’s also become the most valuable publicly traded corporation. Even though Nvidia has taken center stage for a few years, Jim Cramer believes that the stock isn’t done yet. He even had some sharp…
Hurricane Hunters Set To Probe Tropical Disturbance Near Georgia
Hurricane Hunters Set To Probe Tropical Disturbance Near Georgia The 2025 Atlantic hurricane season began on a very quiet note, with little storm activity during June. However, as we shift into July, meteorologists on X are closely tracking a developing tropical system off Georgia’s east coast. The storm appears disorganized and lopsided at this time, but conditions…
Watch Live: Trump Signs ‘Big, Beautiful Bill’ Into Law During Independence Day Event
Watch Live: Trump Signs ‘Big, Beautiful Bill’ Into Law During Independence Day Event President Trump is expected to sign the GOP’s “Big Beautiful Bill” into law on Friday afternoon, as part of an Independence Day celebration at the White House. This comes less than a day after the House narrowly passed the massive tax and…
As The Global Food Crisis Escalates, The Price Of Ground Beef In The U.S. Is Up 16.2% Over The Past 12 Months
Americans still love hamburgers and French fries, but they sure are a lot more expensive than they once were. In fact, as you will see below, the price of ground beef in the U.S. has risen 16.2 percent during the last 12 months. No matter how you look at that number, it is terrible. Of…
Is This The Weirdest Sign Of A Recession?
In this video, we will be discussing some potential **recession signals** that are appearing in unusual places. We’ll also cover **signs recession** in the service sector and what that says about the **us economy**. Finally, we will look at the **job market** and **consumer spending** to get a better picture of the overall situation. This…
3 Precious Metals ETFs For Retirees
When people get closer to retirement, they tend to get more defensive with their investments. They don’t have as much time to wait for a stock to recover from a correction. Retirees often draw from their nest eggs to fund their lifestyles, and they have to get more selective and protective with which assets they…
Waste Of The Day: COVID Loans For 11-Year-Olds
Waste Of The Day: COVID Loans For 11-Year-Olds Authored by Jeremy Portnoy via RealClearInvestigations, Topline: A weekly allowance or a lemonade stand are great ways to teach young kids how to manage their money. A loan from the Small Business Administration is not. Yet according to the Department of Government Efficiency, the SBA issued 5,593…
The (Falling) Price Of A July 4th Cookout
The (Falling) Price Of A July 4th Cookout This Independence Day, shoppers can expect to pay an average of $70.92 for a cookout for 10 people, according to the American Farm Bureau Federation’s (AFBF) annual Fourth of July market basket survey. This marks a 30 cent decline from last year, although it remains the second most…
Trump Sends Tariff Letters Threatening Up To 70% Levies, Sparking Fears Of Delayed Trade Deals
Trump Sends Tariff Letters Threatening Up To 70% Levies, Sparking Fears Of Delayed Trade Deals President Trump announced that the U.S. will begin unilaterally notifying trading partners of a new round of tariffs ahead of the looming July 9 deadline to finalize trade agreements. UBS told clients Friday morning that the move “signals trade deal…
Top ETFs For The Rare Earth Metal Trade
Rare earth metals are raw materials that you’ll find in various tech gadgets and everyday resources. These materials are hot commodities that tend to resist inflation due to how vital they are for many industries. Luckily, you don’t need to own a mine or store a bunch of metals in your basement to get exposure…
Don’t Call It The Fourth!
Don’t Call It The Fourth! Authored by Kevin Finn via AmericanThinker.com, Every year around this time I go on a bit of a crusade with my friends and family. They start talking about the Fourth of July — planning celebrations and expressing their hopes for good weather that day. It bothers me that this is…
U.S. Navy Fields 35 New Warships in Five Years, Its Fastest Modernization Since the Cold War
Key Points The US Navy is constantly churning out new vessels to add to its ever-growing fleet From the next-generation of destroyers to cutting-edge attack submarines, these vessels are built to project power across the globe Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes…
Want Growth but Worry About Too Much Tech? Then Load Up on This Top Vanguard ETF
Key Points in This Article: Vanguard Mega Cap Growth ETF’s (MGK) consumer discretionary segment diversifies beyond tech, capturing innovative companies driving growth in evolving consumer trends. MGK offers access to consumer-focused businesses, underrepresented in broader market ETFs, enhancing portfolio growth potential. Nvidia made early investors rich, but there is a new class of ‘Next Nvidia Stocks’…
Russia Sends Independence Day Greetings To Trump White House
Russia Sends Independence Day Greetings To Trump White House The Kremlin has sent the American government and people July 4th well wishes, which comes as somewhat of a surprise. But Moscow and Washington have been working on trying to improve bilateral relations under the Trump administration, while also seeking to forge an opening for permanent…
The Best Dividend Stock In America
Not many investors have heard of Altria Group Inc. (NYSE: MO). However, the company’s engine is one of the world’s most famous brands, Marlboro. The stock has a forward yield of 7%. It is very likely to keep its current dividend or perhaps raise it. It has raised that dividend 56 years in a row….
Baywatch Pay Watch: Half-Million-Dollar Checks, Six-Figure Overtime For LA lifeguards
Baywatch Pay Watch: Half-Million-Dollar Checks, Six-Figure Overtime For LA lifeguards Via Open the Books, If it wasn’t clear that the city and county of Los Angeles are in dire need of spending resets, taxpayers can look no further than the county lifeguards paid to watch over its pools, lakes and ocean. OpenTheBooks.com reported on outrageous…
Bryan Caplan on Antitrust
I’ve started reading Bryan Caplan’s excellent new book entitled Pro-Market and Pro-Business: Essays on Laissez-faire, and have covered the first 12 (short) chapters. I had hoped to find lots of things to post about, but unfortunately I tend to agree with almost all of Bryan’s arguments. There is one chapter on antitrust, however, which I…
Should I Use My Inheritance to Help My husband’s Struggling Family?
Receiving a large chunk of unexpected money is certainly worthy of gratitude; however, in addition to opportunity, this fortunate turn of events can create conflict. A female Reddit poster recently exemplified such a scenario when she posted about her rising family tensions. She had inherited funds, which her husband wanted to give to his financially…
US-Iran Nuclear Talks To Restart In Oslo Next Week – Trump Willing To Talk Directly
US-Iran Nuclear Talks To Restart In Oslo Next Week – Trump Willing To Talk Directly The United States and Iran are poised to resume negotiations over Iran’s nuclear program in Oslo next week, Axios has reported, citing “sources familiar with the discussions.” It would be the first face-to-face meeting after last month’s Israeli-US war on…