According to the Internal Revenue Service (IRS), passive income generally includes earnings from rental activity or any trade, business, or investment in which the individual does not materially participate. It can also include income from limited partnerships, stocks, bonds, and other similar enterprises in which the investor is not actively involved. The more passive income…
Boeing 737 MAX Production Tops 38 Jets Per Month For First Time In Years Boeing’s 737 MAX production reached 38 jets in May, according to a new report, marking a stabilization at the Federal Aviation Administration’s (FAA) monthly production cap. The company’s best-selling aircraft has seen monthly output fluctuate between the single digits and 30s…
Let’s assume, for a moment, that you are the person responsible for budgeting in your household. You likely have a pretty good idea of how much the family spends on food monthly. If you told your family members exactly what this number is, they’d likely be shocked. Key Points The cost of groceries is only…
“Tether Will Be The Biggest Bitcoin Miner In The World”, CEO Paolo Ardoino Said Authored by Oscar Zarraga Perez via BitcoinMagazine.com, On Friday at the 2025 Bitcoin Conference in Las Vegas, the CEO of Tether Paolo Ardoino talked about the investments, inventions and Bitcoin mining of Tether. Paolo Ardoino began his speech by saying, “last year we…
Space Is The Most Undervalued Industry In The World Authored by Rainer Zitelmann via RealClearMarkets, The most undervalued industry in the world is the space industry. It is particularly unappreciated in Europe, which has now fallen hopelessly behind the United States and China. The US carried out 153 launches last year, China 68 and Europe…
These Are The US Cities Gaining And Losing The Most Corporate HQs Today, public companies based in Dallas-Fort Worth hold a combined $1.5 trillion in value—a figure doubling in the past five years. Owing to its pro-business policies and lower cost of living, Texas is attracting scores of corporate headquarters, particularly from California. As a…
“We Must Not Hesitate” – German Justice Minister Open To AfD Ban Via Remix News, Federal Justice Minister Stefanie Hubig, of the left-wing Social Democrats (SPD), is keeping the hope for a ban on the Alternative for Germany (AfD) alive, saying a ban should still be on the table. She told German newspaper Rheinische Post a ban…
UK Defense Stocks Hit Record On Warfighting Buildout Begins British Prime Minister Keir Starmer has announced a significant overhaul of the U.K.’s defense posture, warning that the British Armed Forces must be prepared to fight a future war in Europe or the Atlantic Ocean. “We are moving to warfighting readiness,” Starmer said while unveiling the government’s…
Let me tell you a story about World War 2. In 1940, before the entry of the U.S. and the USSR into the war, Britain was fighting alone against Germany and Italy. Despite being massively outnumbered and outgunned, the British managed to pull off a spectacular naval victory, using innovative new technology. They sent the…
Ukraine “Stinks Of Authoritarianism” – Kiev Mayor Klitschko Hits Out At Zelensky Authored by Steve Watson via Modernity.news, The former mayor of Kiev, Vitali Klitschko has blasted Ukrainian President Volodymyr Zelensky, and bluntly stated that the country is plagued by authoritarianism. The former world heavyweight champion boxer told the Times of London that Kiev City Council essentially cannot operate…
The Military Imbalance In The Taiwan Strait U.S. Defense Secretary Pete Hegseth drew some controversy over the weekend after he called China a “real” and potentially “imminent” threat and said that the country was “credibly preparing to potentially use military force to alter the balance of power in the Indo-Pacific”. The comments were made Saturday at the Shangri-La Dialogue…
Resurgent ISIS? Terror Cells Launch Deadly Attacks On Syria’s Kurds Authored by Jason Ditz via AntiWar.com, At least three members of the Kurdish Asayish security forces were killed on Sunday in northeastern Syria, according to the group. They said they were targeted by an ISIS cell during a patrol on the road between Raqqa and Hasakeh. The…
Is Birthright Citizenship A National Suicide Pact? Authored by Frank Miele via RealClearPolitics, On the day of his second inauguration, President Donald Trump issued an executive order entitled “Protecting the Meaning and Value of American Citizenship.” Sounds innocent enough, right? But this is the infamous order declaring that birthright citizenship does not extend to children…
Is There A New England Serial Killer? Social Media Says Maybe, Police Say No. Authored by Allan Stein via The Epoch Times (emphasis ours), NEW ENGLAND—On the eve of Easter Sunday, detectives in Narragansett, Rhode Island, were busy investigating crimes when messages began to pour in. “It came from everywhere,” Detective Sgt. Brent Kuzman said,…
Global Tobacco Use Is Steadily Declining More than 60 years ago, on January 11, 1964, the Surgeon General of the U.S. Public Health Service, Luther L. Terry, M.D., published the first comprehensive report on the effects of smoking on health. A committee was appointed to review and evaluate existing research on the topic in order to…
In this economic/financial news report we discuss: Loan defaults will lead to garnished wages and collections, home prices and housing bubble news, cost of living crisis worsens, investing, Wal-Mart warns rising prices are here, and lots more! economic upheavals in the U.S., predicting a wave of loan defaults that could lead to wage garnishments and…
With Centuries-Old Ohio Paper Mill Set To Close, Locals Hope For A Miracle Authored by Jeff Louderback via The Epoch Times (emphasis ours), Judy Sowers is the matriarch of a family that has seen generations work at “the Mead,” which is what the paper mill in Chillicothe is known as by many locals. On May…
Ukrainian Drone Swarm Attack Marks Grim “Inflection Point In History Of Warfare” Western Intelligence agencies have long raised concerns over the potential for adversaries to hide and deploy missile systems inside standard shipping containers, making virtually any cargo ship, truck, or rail car an undetectable covert mobile launch platform. This past weekend, those fears were officially realized when…
What Happened To Harvard? Authored by Robert Curry via RealClearEducation, Harvard has rejected common sense. When Lord Acton, the great nineteenth-century historian and champion of liberty, visited Harvard in 1853, he found that the college’s philosophy was common sense realism. Acton wrote that by “the third year, Reid becomes a textbook.” The Reid in question…
DHS Removes Sanctuary City List After Criticism From Sheriffs Authored by Joseph Lord via The Epoch Times (emphasis ours), The Department of Homeland Security (DHS) on June 1 removed a previously published list of so-called sanctuary jurisdictions across the United States, which were accused of failing to comply with federal immigration law. Homeland Security Secretary…
Rep. Jasmine Crockett Says Democrats Will Subpoena Musk If They Retake House Authored by Jack Phillips via The Epoch Times, A House Democratic lawmaker said that if Democrats retake control of the House of Representatives, they will likely issue a subpoena to former Trump administration special government employee and Tesla CEO Elon Musk. Musk, who…
Schools In China Reportedly Isolate Students As COVID Cases Surge Authored by Alex Wu via The Epoch Times (emphasis ours), Doctors and residents across China continue to report more infections and deaths as the latest wave of COVID-19 continues, portraying a far more severe situation than the Chinese regime is letting on. Health workers take…
In a nicely nuanced editorial, “JD Vance is Wrong: The Market Isn’t a ‘Tool’” Wall Street Journal, May 26, 2025, Matthew Hennessey, deputy editorial features editor of the Journal, took issue with Vice-President Vance, writing: On a recent podcast, New York Times columnist Ross Douthat asked Mr. Vance for an example of how his Catholicism influences his…
Leaked Test Confirms Boxer Who Won Gold Medal Competing Against Women At Paris Olympics, Is Indeed A Man Authored by Debra Heine via American Greatness, The results of a chromosome test on Olympic gold medalist Imane Khelif at the World Boxing Championships in March 2023 confirm the Algerian boxer is, as many have suspected, a biological male. In 2023,…
Alberta Wildfires Disrupt 7% Of Canada’s Oil Production Wildfires in Alberta, Canada — the country’s energy hub — have shuttered 344k barrels per day of oil sands production, or about 7% of national output. Cenovus Energy, MEG Energy, and Canadian Natural Resources have halted output because of a 61,500-hectare blaze near the Saskatchewan border. One of the…
Nearly Half Of $700B In Homes For Sale Have Gone ‘Stale’ As Sellers Outnumber Buyers By 500K Authored by Dana Anderson via Redfin News, There’s a total of $698 billion worth of homes for sale in the U.S., up 20.3% from a year ago and the highest dollar amount ever. This is based on an…
Greta Thunberg Seeks Spotlight In Gaza After Abandoning Climate Crusade What does an autistic 22-year-old living most of her life in 1st world decadence with her rich celebrity parents know about climate science? Or the complexities of the conflict between the Israelis and Palestinians? Not a damn thing, really, which is why it’s confounding that…
Bankrupt Microsoft-Backed ‘AI’ Company Was Using Indian Engineers To Fake It: Report Last week, British AI startup backed by Microsoft and the Qatar Investment Authority, Builder.ai, filed for bankruptcy after its CEO said a major creditor had seized most of its cash. Valued at $1.5 billion after a $445 million investment by Microsoft, the company claimed…
Activist Scientists Rage Over Trump’s Order For Rigorous Science, Likening Him To Hitler Authored by Chris Morrison via DailySceptic.org, Activist scientists on the Federal payroll in the United States are reeling from President Trump’s recent executive order designed to promote openness and integrity in an often corrupted and politicised scientific process. The order mandates transparency, objectivity and…
In a world where deception is running rampant, it is so important to question the narratives that we are being fed. Ukraine’s “Pearl Harbor” attack on Russia was extremely impressive, and it appears that quite a bit of damage was done. But we are also extremely fortunate that this attack did not spark a nuclear…
Trump Will Allow Iran To Enrich Uranium In ‘Acceptable’ Nuke Deal Proposal A fresh nuclear deal submitted to Iran from the Trump administration over the weekend would allow limited low-level uranium enrichment on Iranian soil for a to-be-determined period of time, Axios writes in a breaking report Monday. This contradicts the prior public statements of Mideast envoy…
The moment you turn 59 1/2 years old, you can tap into your Roth IRA without any penalty fees. That account also has to be open for at least five years. These details became important for a 63-year-old who is planning home renovations and is considering using Roth IRA funds to cover the purchase. This…
You never feel the impact of daily habits right away. Instead, it takes several months or years to see the results of those habits, whether the results are good or bad. A daily coffee habit recently compounded for someone and made its way to the Middle Class Finance subreddit. A regular Starbucks customer discovered that they had…
Bedlam Is In The Air… Authored by James Howard Kunstler, The Widening Gyre “The Caliphate looms; it is inevitable, and the road to its gates is paved with the skulls of English children.” – Peachy Keenan Do you hear those alarm bells ringing? Looks like June is bustin’ out all over, as the old Broadway…
Helen Flannery is an associate fellow at the Institute for Policy Research (IPS), for which her research and writing focuses on charity reform. Prior to coming to IPS, she worked for nonprofit clients at both the Target Analytics and ROI Solutions software-development firms. Brian Mittendorf is the H.P. Wolfe Chair in Accounting at The Ohio State University’s Max M. Fisher College of…
Helen Flannery is an associate fellow at the Institute for Policy Research (IPS), for which her research and writing focuses on charity reform. Prior to coming to IPS, she worked for nonprofit clients at both the Target Analytics and ROI Solutions software-development firms. Brian Mittendorf is the H.P. Wolfe Chair in Accounting at The Ohio State University’s Max M. Fisher College of…
Key Points A Reddit user is wondering if retiring at 37 is too young. He’s financially prepared for early retirement, but he’s getting mixed feedback from others about whether he should pull the trigger. Before retiring at 37, it’s critical to make a plan for how to fill your days and find purpose. Are you…
Chinese Communist Officials Call Harvard Their “Party School” The Trump Administration’s latest effort to reduce foreign influence in US institutions has led to Harvard University, the oldest university in the country. It’s a fair target considering Harvard’s enrollment is nearly 30% foreign nationals, many of them from China. A common criticism of the US is…
Full Ceasefire Possible Only If Ukraine Pulls Back Troops, Holds Elections: Moscow Update(1319ET): The Russian and Ukrainian delegations didn’t have a whole lot to talk about in Monday’s Istanbul meeting, apparently, given it only lasted for about an hour – but they did reach agreement for another major prisoner swap. Bloomberg and international outlets report…
Key Points in This Article: High-yield dividend stocks, offering 5% or more, provide substantial income and inflation protection, but risk unsustainable payouts if fundamentals are weak. Chasing yield can lead to “yield traps,” where high dividends mask financial distress, emphasizing the need for strong cash flows and moderate payout ratios. Sit back and let dividends…
Key Points Understanding the inner workings of Social Security could help you get more benefits. There are tricks you can employ to boost your monthly payments — even once you’ve filed. Make sure you understand how each strategy works before moving forward. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a…
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. If any investor has stood the test of time, it’s 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…
‘Free’ Government Money Accounts For 19% Of All Personal Income Authored by Mike Shedlock via MishTalk.com, Free money includes Medicare, Medicaid, SNAP, Social Security, and more, discussed below. Some may object to the term “free money” but the definition of Personal Current Transfer Receipts (PCTR) is “Payments to individuals for which no current services are performed,…
Key Points in This Article: Gold’s $3,400 price today highlights its safe-haven appeal, but bullion’s storage costs and lack of income make it less attractive than gold miners. Gold mining stocks, offering dividends and leveraged exposure to price surges, provide superior returns compared to physical bullion investments. Nvidia made early investors rich, but there is…
Key Points QQQI, JEPQ, SPYI, and MSTY offer eye-catching yields for ambitious passive income investors. You can try all four of these high-yield ETFs for diversified exposure to a wide range of stocks. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you…
US Ambassador Calls For Establishment Of Palestinian State In France Via Remix News, The new US ambassador to Israel, Mike Huckabee, has challenged France to match its advocacy for a Palestinian state by creating a new one on French soil. He suggested that France “carve off a piece of the Côte d’Azur,” also known as…
GOP Megabill Moves To The Senate, But Rand Paul Says ‘Math Doesn’t Really Add Up’ The narrowly passed “One Big Beautiful Bill Act” makes its way to the Senate this week, where it faces a handful of GOP spending hawks who say it’s far too expensive to pass. One holdout, Sen. Rand Paul (R-KY), said…
Bond Market Paradigm Shift? Via RealInvestmentAdvice.com, Some bearish bond investors in Japan and the US appear to believe that a paradigm shift is underway in the sovereign bond markets. To wit, consider the following statement from Jim Bianco on Thoughtful Money: “If these deficits are really going to kick in and cause problems, these rates are…
Live Updates Live Coverage Updates appear automatically as they are published. Factory Sector Slowdown 11:07 am by Gerelyn Terzo U.S. manufacturing activity continued its deceleration in May, marking the third consecutive month of contraction. The Manufacturing PMI registered 48.5%, a slight dip from 48.7% in April. This index, which reflects the health of both the…
In today’s stock market, wealth is no longer a prerequisite for investing, thanks to a decades-long democratization that has opened doors for everyday individuals. In the 1970s, discount brokers like Charles Schwab (NYSE:SCHW) slashed commissions, making trading accessible beyond elite investors. The 1990s saw deep discounters like E-Trade further reduce costs via online platforms. The…
US Manufacturing Surveys Mixed In May As Imports Collapse; Prices Paid At 3 Year Highs With ‘soft’ data turning back up to hard data’s reality, all eyes are on this morning’s Manufacturing PMI surveys for signs of continued reality-checks on the economy. S&P Global’s US Manufacturing PMI rose from 50.2 to 52.0 in end May…
