Arizona Governor Vetoes Bill Banning China From Purchasing Land In The State Authored by Aldgra Fredly via The Epoch Times (emphasis ours), Arizona Gov. Katie Hobbs on June 2 vetoed a bill that would have prohibited the Chinese communist regime and state-owned enterprises from acquiring property in Arizona, according to her office. Arizona Gov. Katie…
Category: Economy
Kremlin: No ‘Negotiations With Terrorists’ – We’ll Retaliate At ‘A Time Of Our Choosing’
Kremlin: No ‘Negotiations With Terrorists’ – We’ll Retaliate At ‘A Time Of Our Choosing’ Russia says that President Putin is preparing to retaliate at ‘a time of our choosing’ for all the latest drone and ‘terror attacks’ – including the targeting of trains and bridges with explosives. “Russia will respond to Ukraine’s latest attacks as and…
The 2 Best Monthly Dividend Stocks to Buy Today
Dividend investing offers one of the best strategies for building wealth by generating passive income through regular payments from companies or funds. Unlike growth stocks, which prioritize capital appreciation, dividend stocks provide consistent cash flow, making them ideal for retirees, income-focused investors, or those seeking portfolio stability. Monthly dividend stocks stand out by aligning income…
Anonymous Biden Staffers Go Scorched Earth After “Incompetent” Karine Jean-Pierre Defects
Anonymous Biden Staffers Go Scorched Earth After “Incompetent” Karine Jean-Pierre Defects It only took one day after former White House press secretary Karine Jean-Pierre left the Democrat party for anonymous Biden staffers to stab her in the back. According to Axios‘ Alex Thompson, “Many of her former colleagues think Jean-Pierre — the face of the…
The Great Realignment: Going the Way of the Whigs
“I didn’t leave the Democratic party, the Democratic Party left me” —Ronald Reagan Scott Circle in Washington, DC, is named for General Winfield Scott, a career Army officer who served in every conflict from the War of 1812 through the early Civil War. He was the presidential nominee of the Whig Party in 1852 and…
Meta Platforms (NASDAQ: META) Stock Price Prediction for 2025: Where Will It Be in 1 Year (June 5)
So far this year, one of the better performers among Magnificent 7 has been Meta Platforms Inc. (NASDAQ: META). That’s not to say the gains have been enormous, but compared to the broad market, Meta shares have been outperforming and are currently up 17.5% year to date. For comparison, other Magnificent 7 members have fared…
S&P 500 (NYSEARCA: SPY) Live: Markets Remain Jumpy Despite China Trade Deal Optimism
Live Updates Live Coverage Updates appear automatically as they are published. Labor Market Check 12:42 pm by Gerelyn Terzo Markets are clinging to gains, including a 0.19% rise in the SPY ETF, as the Trump administration and China appear ready to restart tariff talks. Meanwhile, Friday’s upcoming jobs report takes center stage amid recent signals…
I am 49 with $660K in a 401(k). Should I max out the 24% bracket with annual Roth conversions?
Key Points Converting money from a 401(k) to a Roth IRA has become all the rage, but it’s not the right move for everyone. A professional financial advisor can help you weigh the pros and cons, based on the specifics of your situation. Much depends on whether your current income is more or less…
Can Rigetti Computing (RGTI) Make You a Millionaire?
Quantum computing holds transformative potential, promising to solve complex problems in cryptography, drug discovery, and artificial intelligence (AI) optimization that are difficult or impossible for classical computers. By leveraging qubits, which can exist in multiple states simultaneously due to superposition and entanglement, quantum computers could deliver exponential computational power. Yet, significant hurdles remain: quantum systems require…
“Let The Games Begin”: Nintendo Switch 2 Launches With Retail Frenzy As Goldman Reaffirms Bullish Outlook
“Let The Games Begin”: Nintendo Switch 2 Launches With Retail Frenzy As Goldman Reaffirms Bullish Outlook Footage on X shows gaming fans nationwide lining up outside Best Buy, GameStop, and other electronics retailers overnight, eager to get their hands on the next-generation Nintendo Switch. “Let the games begin!” Nintendo of America declared in an early…
Live Nasdaq Composite: Markets Seeing Green on Positive China-US Signs
Live Updates Live Coverage Updates appear automatically as they are published. Upcoming Jobs Report 12:39 pm by Gerelyn Terzo The markets are holding onto gains, including a 0.35% rise in the Nasdaq Composite, as tariff discussions between the Trump administration and China appear set to resume. Meanwhile, Friday’s upcoming jobs report is in focus amid…
Ford F-150 Lightning Sales Collapse
Ford Motor Co.’s (NYSE: F) U.S. sales in May were strong. However, electric vehicle (EV) sales were a major disappointment. Even worse, sales of its flagship EV, the F-150 Lightning, collapsed. 24/7 Wall St. Key Points: Though Ford Motor Co.’s (NYSE: F) U.S. sales in May were strong, sales of its flagship EV, the F-150…
Stock Market Live June 5: Trump and Xi Talk, S&P 500 (VOO) Rises
Live Updates Live Coverage Updates appear automatically as they are published. We Didn’t Violate the Trade Pact, Says Xi — You Did! 10:52 am We finally have some detail about that Trump-Xi call that happened earlier this morning. According to China Central Television, President Xi told President Trump: “The Chinese people always keep their promises…
What Should I Do With $20,000 in an Uncertain Market?
It’s easy to want to flee stocks now that the post-Liberation Day losses have been recouped and investors are growing more excited about the potential for the S&P 500 to hit new highs again. Indeed, it wasn’t all too long ago that the broad market was flirting with a bear market. After barely escaping a 20%…
Real estate is the most common and most lucrative side hustle – is now the time to jump in?
Whether it’s for extra income or to set yourself up for a new career, many people are taking advantage of the side hustle era. According to multiple reports, roughly half of all millennials and Gen Z are actively engaged in some kind of side hustle in 2025. Key Points There is every reason to believe…
I’m 65 with $2.5 million stashed in a 401(k) – is it time to stop contributing and avoid a tax nightmare down the road?
Key Points Depending on what one’s Safe Withdrawal Rate (SWR) is, income tax on retirement funds, especially when Required Minimum Distribution (RMD) age is reached, can get onerous. There are strategies that can be used to minimize taxes that may be worth consideration, depending on one’s specific circumstances. FIRE adherents who plan to retire while…
Ford Quality Continues to Collapse
Ford Motor Co. (NYSE: F) is as much in the recall and warranty business as it is in the business of selling cars. In the past several days, it first recalled 1.1 million vehicles. Almost immediately, it recalled another 555,000. Ford sold just over 2 million new cars in the United States last year. 24/7…
Social Security vs. Inflation: Are Benefits Keeping Up Month by Month?
Key Points Social Security’s COLA wasn’t keeping pace with inflation at the start of the year. Retirees received a 2.5% Cost of Living Adjustment in 2025. Benefits have lost 20% of buying power due to problems with the COLA formula. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a…
An Urgent Plea: 4 Fundamental Reasons to Embrace Credit Card Usage
Key Points A Reddit user is urging people who are afraid of credit cards to give them a try. Cards offer many benefits, including purchase protection and rewards. Unless you can’t trust yourself to use your cards responsibly, you should be charging as much as you can on a credit card. Did you know some…
I earned $500K last year with $700K saved. How do I maximize retirement contributions on one income?
Key Points No matter how much you earn, saving for retirement comes down to having a plan and being consistent. If you have access to an employer-sponsored retirement plan, consider taking advantage of it. Starting a small business can be a good way to turbo-boost your savings. Are you ahead, or behind on retirement? SmartAsset’s…
The Fed Drops QT to $5B a Month – Ensuring the Balance Sheet Will Stay Bloated
Figure: 1 Monthly Change by Instrument The table below provides more detail on the Fed’s QT efforts. As shown, the current size of the balance sheet is $6.6T which means it would take over 100 years to fully wind down their balance sheet at the new $5B pace. Figure: 2 Balance Sheet Breakdown The weekly…
Make an Easy $2,852 in Passive Income By Invest $25,000 in These Dividend Stocks Today
Key Points Put your money to work. Make it make you money. It can make you a good deal of consistent money if you invest wisely in higher-yielding Dividend King stocks. 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….
Nio (NYSE: NIO) Stock Price Prediction and Forecast 2025-2030 (June 5)
The tariff-driven market volatility has been rough on shares of Chinese electric vehicle (EV) maker Nio Inc. (NYSE: NIO), which in April fell to a multiyear low of $3.02. They have rebounded and are up 11.6% since then. Though Nio reported a sharp increase in deliveries in the first quarter, its fourth-quarter report fell short…
Nearly 16 % of Druckenmiller’s Money Now Rides on This Stock
Stanley Druckenmiller of the Duquesne Family Office is a brilliant investor who’s not afraid to make big, bold bets in names he really believes in. In the latest 13F filing, which showed the public the buys and sells made by the big money managers in the first quarter, it was revealed that Druckenmiller trimmed a…
Tesla (NASDAQ: TSLA) Stock Price Prediction and Forecast 2025-2030 (June 5)
Shares of Tesla Inc. (NASDAQ: TSLA) have retreated 7.3% in the past week, as CEO Elon Musk stepped away from his role in the White House. The share price is 17.8% lower year to date, as well as down 28.3% since its 52-week high on Dec. 17, 2024. 24/7 Wall St. Key Points: Tesla Inc….
My Brother Wants to Finance an RV to Escape High Rent – Am I Wrong to Think It’s a Terrible Idea?
Lifestyles, dreams, and ambitions are going to differ from person to person, sometimes greatly. Some retirement plans and lifestyle choices seem absurd to some, while others find them smart. And, of course, the difference in opinions on a certain lifestyle shift, such as living in a financed RV, can lead to some pretty strong disagreements…
ECB Preview: 8th Rate Cut In A Row
ECB Preview: 8th Rate Cut In A Row As UBS economist Paul Donovan writes this morning, a total of 52 out of 52 surveyed economists – not to mention markets – expect a quarter point ECB rate reduction today, the 8th in a row, adding rhetorically “How could so many economists possibly be wrong?” More…
Waste Management (NYSE: WM) Stock Price Prediction and Forecast 2025-2030 (June 2025)
Shares of Waste Management Inc. (NYSE: WM) are still trading near their all-time high after increasing 2.1% from a month ago. Year to date, the stock is up about 18.4%, outperforming the S&P 500, which is less than 2% higher in the same period. As the market continues to recover from a significant downturn earlier…
Procter & Gamble To Axe 7,000 Jobs Amid “Challenging Environment”
Procter & Gamble To Axe 7,000 Jobs Amid “Challenging Environment” The maker of Bounty paper towels, Dawn dish soap, Pampers diapers, Tide detergent, and Gillette razors—Procter & Gamble—announced a restructuring plan at a Paris-based conference earlier today, revealing plans to slash upwards of 7,000 jobs, or about 15% of its global non-manufacturing workforce over the next two years….
2026 Social-Security COLA Projections
For those receiving Social Security, Cost-of-Living adjustments (COLAs) are essential to quality of life. These increases, which happen each year, are not simply “raises” for the retirement community; they are inflation-based adjustments, corresponding to current economic events. Tuning in for the annual COLA information announcement is an important moment for those living off social security….
Even The Largest Oil And Gas Hubs Oppose Drilling In The Arctic
One of the last untouched ecosystems in the United States, the Arctic National Wildlife Refuge spans over 19 million acres in northeastern Alaska, and is home to a diverse array of wildlife, including polar bears, caribou, arctic foxes, and migratory birds. It is also believed to hold substantial oil and gas reserves, and has been…
The 20 Most Incredible Facts About the US Navy
The USNS Harvey Milk, named for the openly gay Navy veteran who served in the Korean War, is making headlines. This replenishment oiler is in the news, not for a military-related reason, but due to its name. Or rather, its namesake. Defense secretary Pete Hegseth has ordered the U.S. Navy to rename the oil tanker….
The Next Gold Confiscation: What It Could Look Like… And How To Avoid It
The Next Gold Confiscation: What It Could Look Like… And How To Avoid It Authored by Nick Giambruno via InternationalMan.com, On April 5, 1933, under the pretext of a national emergency, President Franklin D. Roosevelt issued Executive Order 6102, making it illegal for US citizens to own gold. The decree forced Americans to sell their…
4 Blue-Chip Dividend Giants With Incredibly Low Price-to-Earnings Ratios
Investors love dividend stocks, especially the blue-chip 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 examine the concept of…
Poorest County in Every State
The U.S. economy is by far the most productive in the world, generating $27.7 trillion in 2023 — nearly $10 trillion more than the Chinese economy, the world’s second largest. America’s unmatched wealth supports extraordinary levels of prosperity for many U.S. citizens. According to the Swiss investment bank UBS, the U.S. is home to 38%…
New Footage Shows Abandoned Cargo Ship Laden With Chinese Cars Burning In Pacific
New Footage Shows Abandoned Cargo Ship Laden With Chinese Cars Burning In Pacific The Morning Midas, a RoRo carrier transporting roughly 3,000 vehicles—including electric vehicles (EVs) from Chinese automakers—was abandoned by its 22-member crew following a fire on Wednesday morning. Aerial reconnaissance imagery published on X overnight by the U.S. Coast Guard shows white smoke billowing from Morning…
Where US Public Media Relies On Federal Funding Most
Where US Public Media Relies On Federal Funding Most If the $1.1 billion cuts in funding to the Corporation for Public Broadcasting (CBP) materialize, the results will be felt by public radio and television stations across the country, with rural areas feeling the brunt of it. Statista’s Anna Fleck reports that, according to the CPB official website,…
J.D. Vance Was Right About Censorship
J.D. Vance Was Right About Censorship Authored by Paul Coleman via The Critic, In February 2025, U.S. Vice President, JD Vance stood before the Munich Security Conference and delivered a stark warning. Europe’s greatest threat was not external aggression, but internal decay — specifically, the erosion of free speech. At the time, his words were…
European Industry Under Siege: China Deploys Rare Earths As Economic Weapon
European Industry Under Siege: China Deploys Rare Earths As Economic Weapon Submitted by Thomas Kolbe As U.S. tariffs tighten the screws on China’s export machine, Beijing is striking back—with strategic precision. Export restrictions on rare earths are now Beijing’s latest move to break down European trade barriers and push back against escalating pressure from Washington….
“Worse Than The 2008 Financial Crisis” – Germany Becomes A Nation Of Bankruptcy With No End In Sight
“Worse Than The 2008 Financial Crisis” – Germany Becomes A Nation Of Bankruptcy With No End In Sight Via Remix News, Germany is bracing for a continued surge in major insolvencies throughout 2025 and even 2026, according to a recent analysis by credit insurer Allianz Trade. This all comes after a disastrous 2024, which saw a…
US Refuses Air Cover For European ‘Reassurance Force’ In Postwar Ukraine
US Refuses Air Cover For European ‘Reassurance Force’ In Postwar Ukraine The British and French-led effort to establish a ‘coalition of the willing’ to stand up to Russia and defend Ukraine just hit another major roadblock, as Bloomberg is reporting Wednesday the US has effectively vetoed a plan to provide American air defenses to back…
Even if Trump chickens out, you should still be worried about the economy
Photo by Tai’s Captures on Unsplash In general, people don’t like to think about the economy. When the economy is running well, they can ignore it and think about their own personal situation — their business, their job, etc. It’s only when there’s a recession, or a surge in inflation, or a stock market crash,…
Trump Bans Citizens Of 12 Countries From Traveling To The US
Trump Bans Citizens Of 12 Countries From Traveling To The US Having previously hinted he might crack down on foreign visitors, late on Wednesday President Trump signed a proclamation banning nationals from 12 countries from traveling to the US, and introduced travel restrictions on seven others, reintroducing a controversial immigration policy that came to define…
Trump To Use Emergency Powers To Boost US Critical Minerals Industry
Trump To Use Emergency Powers To Boost US Critical Minerals Industry By Charles Kennedy of Oilprice.com In a bid to wean the U.S. critical minerals supply chain off China, U.S. President Donald Trump plans to use emergency powers under the Defense Production Act to bolster domestic production and processing of these metals vital for the…
IT JUST GOT WORSE, ECONOMIC ACTIVITY DROPS, SPENDING SURGES, PEOPLE ARE TAPPED OUT, EVICTION SHOCK
In this economic/financial news report we discuss: spending / deficits, cost-cutting, jobs, layoffs, eviction weirdness, cost-of-living crisis, home prices, and lthe significant decline in economic activity as rent prices drop in major cities, leading to increased evictions and rising debt levels. The speaker emphasizes the ongoing cost-of-living crisis, the financial struggles of landlords, and the…
“Are You A Covert White Supremacist?” Fireworks Erupt In DOGE Hearing Exposing NGO Funding, Taxpayer “Theft”
“Are You A Covert White Supremacist?” Fireworks Erupt In DOGE Hearing Exposing NGO Funding, Taxpayer “Theft” In a fiery House Subcommittee on Delivering on Government Efficiency (DOGE) hearing on June 4, 2025, titled “Public Funds, Private Agendas: NGOs Gone Wild,” Republican lawmakers exposed the “gold bars thrown off the Titanic,” alleging the Biden administration under…
A Warrior’s Homecoming: Trump’s Push To End Veteran Homelessness
A Warrior’s Homecoming: Trump’s Push To End Veteran Homelessness Authored by Stacy Washington via RealClearDefense, During the four years between the end of President Trump’s first term and the beginning of his second, Americans witnessed a dramatic reversal in national priorities. While the Biden administration committed tens of billions of taxpayer dollars to defend Ukraine and illegal immigrants,…
US Warns Britain & France Not To Recognize Palestinian State
US Warns Britain & France Not To Recognize Palestinian State Via Middle East Eye The US has warned Britain and France against recognizing a Palestinian state at a UN conference later this month, Middle East Eye can reveal. France and Saudi Arabia are set to co-host a major UN conference on the two-state solution beginning on June 17 in New York. France is reportedly gearing up to…
Foreign-Made Explosives Used In Railway Terrorist Attacks: Kremlin
Foreign-Made Explosives Used In Railway Terrorist Attacks: Kremlin Russia’s Investigative Committee chief, Aleksandr Bastrykin, on Wednesday stated that explosives used in the deadly attack on two railway bridges in southern Russia over the weekend were foreign-made. One of the blasts killed seven civilians, and was reportedly orchestrated by Ukrainian intelligence services. Bastrykin spoke at a briefing…
Los Angeles Passes New $30 Minimum Wage For Hotel And Airport Workers
Los Angeles Passes New $30 Minimum Wage For Hotel And Airport Workers Authored by Mike Shedlock via MishTalk.com, With benefits, the effective wage is $38.35. This is inflationary… New Minimum Wage AI Overview Los Angeles is moving towards a $30 minimum wage for hotel and airport workers by 2028, a move supported by unions and…
Can a person retire comfortably at 65 with 3 million saved?
A $3 million nest egg gives you a financial advantage and makes it easier to retire. However, living expenses have been on the rise, and some things get more expensive as you get older. For instance, healthcare costs may ramp up in your 70s or 80s, and you don’t want to deplete your nest egg…
