This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. One of the most important pieces of legislation to come out of the Great Depression — the installation of Social Security for America’s most vulnerable — is widely considered to be a net positive…
Does slow and steady really win the race? Two ETFs put this concept to the test. The ProShares Ultra S&P 500 ETF (NYSEARCA:SSO) offers 2x the exposure to the S&P 500. In other words, if the S&P 500 goes up by 1%, this fund goes up by 2%. The other fund is a more basic…
Newsom Files $787M Lawsuit Against Fox News Alleging It Lied About His Call With Trump Authored by Jill McLaughlin via The Epoch Times, California Gov. Gavin Newsom has filed a $787 million lawsuit against Fox News claiming the company defamed him through its coverage of a phone call between the governor and President Donald Trump….
Nestle To Stop Using Artificial Dyes By Mid-2026 It’s another resounding success for the MAHA movement that has left us thinking why on Earth were these steps not taken any sooner. And of course, we know the answer: the food lobby that RFK and his administration has been hell bent on not taking their cues from. Nestlé…
The U.S. stock market is dominated by companies that are headquartered in the United States, but there are also a bunch of international stocks that present enticing long-term opportunities. Those same stocks looked more appealing during tariff concerns as investors looked to diversify their geographic risk. Even with trade deals being made left and right,…
Loonie Tumbles As Trump Suddenly ‘Terminates’ All Trade Talks With Canada US stocks and the Canadian dollar are sliding after President Trump announces on TruthSocial that the US is terminating all trade discussions with his northern neighbor due to Carney putting a tax on US tech firms (like Europe): “We have just been informed that…
Iran Missile Attack On US Base Marked ‘Largest Patriot Missile Engagement In US History’ Via The Libertarian Institute Even after Tehran informed Washington that Iran would execute a symbolic retaliatory strike on the Al Udeid Air Base in Qatar, the US military had to engage in its largest battle using Patriot missiles to date to repel the…
Trump Says He Would Bomb Iran Again ‘Without Question’ & Not Looking To Drop Sanctions Anymore Update(1319ET): In comments to the press on Friday President Trump has reiterated his belief that Iran’s nuclear program was ‘obliterated’ – despite skepticism voiced by leading Senators and Representatives, on both sides of the aisle. Importantly, he’s backing off…
Key Points The US contributes the bulk of the Navy and Air Force pushed by NATO, there are a handful of other nations that make meaningful contributions in other ways There is one NATO nation that has the US beat hands down in terms of its towed artillery arsenal Are you ahead, or behind on…
Spain Could Ruin The EU-US Trade Negotiations By Philip Marey, Senior US strategist at Rabobank Yesterday, the US dollar was under pressure – with EUR/USD peaking at 1.1744 – as speculation about Fed rate cuts increased after comments by Trump and reports in the media that he is considering nominating the next Fed Chair in…
SoftBank’s Masayoshi Son “Ready To Hand Over Reins” As He Goes “All-In” On AI Superintelligence Masayoshi Son is positioning SoftBank to become the “world’s top platformer” for Artificial Superintelligence (ASI), aiming to control the core architecture, compute infrastructure, and strategic partnerships that will enable ASI. Yet even as Son charts SoftBank’s course for the 2030s, the…
RFK Jr. Axes All Funding For Bill Gates’ Global ‘Vaccine Alliance’ Authored by Zachary Stieber via The Epoch Times, The United States will not provide money to a global vaccine organization called Gavi until the group changes the way it responds to vaccine safety issues, Health Secretary Robert F. Kennedy Jr. told a fundraiser for…
Key Points The MSTY ETF’s annual yield will impress passive income hunters, but this fund involves certain risks. Meanwhile, the VYM ETF can stabilize your portfolio through blue-chip diversification and still provide decent dividends. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help…
Heat Dome Breaks: Mid-Atlantic & Northeast See Short-Lived Relief After a stretch of scorching heat across the Mid-Atlantic and Northeast, including Washington, D.C., Baltimore, Philadelphia, and New York City, much-needed relief in the form of cooler weather has descended into the area on Friday morning. Daytime highs are expected to hover near 75°F from the nation’s capital up…
After hitting an all-time high of $525.15 in February, AppLovin Corp.’s (NASDAQ: APP) share price tumbled more than 35% due to a pending class action lawsuit and to short seller reports. However, the software company’s better-than-expected first-quarter report gave the stock a boost. The share price is now 5.0% higher than at the beginning of…
6 Americans Detained In South Korea For Trying To Send Rice, Bibles, Dollars To North Authored by Katabella Roberts via The Epoch Times, Six Americans were detained in South Korea on June 27 for allegedly attempting to send thousands of plastic bottles filled with rice, U.S. dollars, and Bibles to North Korea by sea, according…
Key Points in This Article: Ultra-high yield stocks with dividends above 10% offer significant income potential for investors, especially in volatile markets, driven by sectors like REITs and covered call ETFs. High yields carry risks such as unsustainable payouts or sector vulnerabilities, exacerbated by economic contraction and regulatory pressures, requiring careful due diligence. Sit back…
Key Points Bitcoin believers and passive income hunters can get huge monthly cash distributions from the MSTY ETF. However, before investing in MSTY, be sure to understand the risks and put some safety precautions in place. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes…
NYC Mayor Eric Adams To Run For Reelection Against Rival Mamdani Authored by Arjun Singh via The Epoch Times, Mayor Eric Adams launched his campaign for the November general election during a June 26 press conference on the steps of City Hall, days after state Assemblyman Zohran Mamdani presumptively won the Democratic primary. Adams, 64,…
SoFi Technologies Inc.’s (NASDAQ: SOFI) chief executive officer recently stated at a conference that the fintech company has targeted 30% member growth and 20% revenue growth. The share price is 13.9% higher than it was a week ago, following news that the company would invest in cryptocurrency. Although the stock had a strong start to…
Graham Breaks With Trump Over Iran Strike Effectiveness: ‘I Don’t Know Where The Enriched Uranium Is’ President Trump is not going to like this. After getting out of a classified Senate briefing on Thursday, Republican Senator Lindsey Graham’s first words to the press and to the American people were that he “didn’t want people to think…
Key Points Workers need to save well for retirement so they’re not too reliant on Social Security. This is especially important given the possibility of benefit cuts. Contributing to a retirement account over many years could produce a large nest egg that supplements Social Security nicely. Are you ahead, or behind on retirement? SmartAsset’s free…
Key Points in This Article: The robotics industry, projected to grow from $71.2 billion in 2023 to $200 billion by 2030, is driven by AI advancements and demand for automation in logistics and healthcare. Nvidia (NVDA) CEO Jensen Huang’s CES 2025 vision of a multi-trillion-dollar robotics market, led by autonomous vehicles and humanoid robots, underscores…
My winter read this year was Natsume Sōseki’s 1906 satirical novel I am a Cat (original title: Wagahai wa Neko de Aru). The novel is told from the perspective of an unnamed cat and contains vignettes of its observations of its master Mr Sneaze (Sōseki’s conception of himself), Mrs Sneaze (his wife), and several of…
The Fed’s “Transitory” Mistake Is Affecting Its Outlook Authored by Lance Roberts via RealInvestmentAdvice.com, In 2023 and 2024, the Fed was under intense public and media scrutiny for calling the post-pandemic surge in inflation “transitory.” Critics argued that the Fed’s failure to anticipate the persistence and severity of rising prices undermined its credibility. Yet, with the benefit…
While the whole idea of suddenly receiving money feels more like a Hollywood story than reality, in some cases, it can be very real. Any instance in which someone gets a sudden windfall can immediately raise concerns about what to do next. Key Points This Redditor is about to receive a sudden windfall of millions,…
Supreme Court Slaps Down Activist Judges In Birthright Citizenship, LGBTQ Schoolbook Cases Update (1057ET): The hits keep on coming out of the Supreme Court, as a second Friday opinion just backed religious parents opposed to LGBTQ+ schoolbooks, also in a 6-3 vote along ideological lines… The case, Mahmoud v. Taylor, challenged Montgomery County Public Schools’ refusal to…
Shares of Bank of America (NYSE: BAC) popped 7.07% over the past month, continuing a strong rally that saw the big bank stock gain 10.28% the month prior. Those gains have brought the multinational investment and financial services company year-to-date to 6.90%. Since hitting its 2025 low on April 4, the stock has gained 37.61%. Meanwhile,…
UMich Confidence Jumps As Inflation Fears Plunge Most Since 2001 Following this morning’s very modest rise in Core PCE (coming just a couple of weeks after CPI disappointed the Trump Tariff infation fear-mongers once again) and a month since the UMich survey found that “Women, Democrats, & Low-Income Americans Are Out Of Their TDS-Addled Minds“,…
Live Updates Live Coverage Updates appear automatically as they are published. Bearish on Banks 10:07 am by Gerelyn Terzo Wall Street firm Baird is bearish on a couple of banks. The analyst firm warned that recent gains in financial stocks JPMorgan (NYSE: JPM) and Bank of America (NYSE: BAC) might soon be erased, owing to…
Key Points in This Article: Apple’s (AAPL) growth has stagnated, with revenue and EPS trailing the S&P 500 over the past few years, driven by iPhone saturation and regulatory pressures. That opens the door for one dark horse candidate in particular to surpass Apple’s valuation within the next five years. Nvidia made early investors rich,…
The age at which you’re eligible to begin collecting Social Security benefits is usually a memorable time; whether you’ve retired or not, a little bit of extra cash will line your pockets. Unfortunately, the rules about when you can begin taking payments, alongside the best strategic time to begin receiving benefits, can be confusing. For…
Key Points When it comes to investing, you may need to accept more risk to get more reward. While both TQQQ and VOO carry risk, one option may be far more volatile than the other. Think about your appetite for risk when making decisions for your portfolio. Are you ahead, or behind on retirement? SmartAsset’s…
The newest season of the Netflix documentary America’s Sweethearts, which traces the 2024 audition, training, and performance season of the Dallas Cowboys Cheerleaders, is a lot more than just a pretty face. The philosopher Loren Lomasky has argued persuasively in Persons, Rights, and the Moral Community that one of the things that makes humans human…
This article will be updated throughout the day, so check back often for more daily updates. President Donald Trump confirmed Thursday evening that the U.S. signed a trade deal with China on Wednesday, formalizing understandings reached in earlier talks held in Geneva and London. A statement from China’s own Ministry of Commerce Friday noted that,…
Dan Ives, Wedbush Securities global head of technology research, told CNBC that Microsoft Corp. (NASDAQ: MSFT) will be worth $5 trillion in 18 months. That would be 35% higher than the current valuation, which is already at an all-time high. Microsoft is basically tied with Nvidia as the most valuable company in the world, with…
Tesla Inc. (NASDAQ: TSLA) was once a market share leader in China, the world’s largest electric vehicle (EV) market by far. In April, its market share dropped to 3.2%, which ranked it eighth among all EV companies in the country. (Another analysis puts it in fifth place.) That figure was down from 4.6% in the…
DOGE Sparks Biggest Plunge In Social Security Handouts Ever; Fed’s Favorite Inflation Indicator Ticked Higher In May The Fed’s favorite inflation indicator – Core PCE – came in hotter than expected in May, rising 0.2% MoM (+0.1% MoM exp) and +2.7% YoY (+2.6% YoY exp)… Source: Bloomberg Not exactly the hyped-up inflationary surge the tariff…
S&P Futures Trade At All Time High Boosted By Trade Talks, Nike Results US equity futures are higher, buoyed by the (non) news that the US and China have signed a trade truce (which they first signed three weeks ago but nobody complied with it, so may as well push stocks up on the exact same…
The trade war with China was tough on Nvidia Corp. (NASDAQ: NVDA) investors. In April, shares hit a year-to-date low below $87 apiece. Like its fellow Magnificent 7 members, Nvidia has struggled due to economic uncertainties about the effects of tariffs, as well as due to Chinese AI innovations. Bears see Nvidia stock falling further…
Who Counts? Trump Poised To Try To Remove Noncitizens From Census Authored by Bejamin Weingarten via RealClearInvestigations, Following a years-long surge in illegal immigration, the Trump administration is poised to challenge a longstanding but legally fraught practice: counting illegal aliens in the U.S. census. President Trump tried to end the practice during his first term,…
Retirement dreams are built on the foundation of financial security, and for many Americans, Social Security benefits are the cornerstone of that security. However, many retirees are surprised to learn that their Social Security benefits may be taxed, not just by the Federal government, but at the state level. Luckily, most states do not tax…
When a parent passes away, we are often consumed with grief, exhaustion, and planning of funeral services. In the months and years that follow, we are forced to face a new life without our family member by our side. Amid so many stressful changes, some of us are also forced to deal with confusing notices…
For reasons that are often very unfortunate, receiving an inheritance can be both welcome and worrisome news at the very same time. It’s an unfortunate truth that in many cases, receiving money from a deceased family member brings out the true colors in other family members. Key Points This Redditor is in a challenging situation…
Xiaomi Outmaneuvered Silicon Valley With Launch Of New SUV, AI Glasses A team of Goldman Sachs analysts, led by Timothy Zhao, raised their 12-month price target for Chinese EV-maker Xiaomi after its newly launched YU7 SUV garnered 200,000 preorders within minutes and nearly 300,000 in the first hour. The massive demand solidifies Xiaomi’s position as…
Six Million Student Loan Borrowers On Track To Have Wages Garnished Authored by Mike Shedlock via MishTalk.com, It’s 2 million now with another 4 million projected. And jobs are harder to find. Student-Loan Borrowers Are at Risk of Docked Pay This Summer The Wall Street Journal reports Nearly Two Million Student-Loan Borrowers Are at Risk of…
What Types Of Jobs Will Survive The AI Revolution? Authroed by Javier Simon via The Epoch Times (emphasis ours), As artificial intelligence (AI) spreads its tentacles into industries throughout the globe, many wonder whether their jobs are on the chopping block. And it’s not surprising. A photographer takes a picture of AI robots at an…
U.S. House Bans WhatsApp Over Data Security Concerns The U.S. House of Representatives has officially banned the use of WhatsApp on all government-issued devices, citing serious cybersecurity concerns, according to The Guardian. In a memo sent Monday, the House’s Office of Cybersecurity warned staff that WhatsApp poses a “high-risk to users due to the lack…
Europe’s LNG Gamble Exposed By Middle East War Authored by Irina Slav via OilPrice.com, The Israel-Iran conflict has driven up diesel, jet fuel, and gas prices. With 20% of global LNG flowing through the Strait of Hormuz, even threats of disruption have raised EU gas prices by 20%. Europe’s refusal to sign long-term LNG deals…
Over the last few days, with Fed Chair Jerome Powell maintaining his clearly hawkish stance on rates, there’s been no real shift in my broader market outlook. Powell’s tone this week offered little deviation from prior messaging—persistent inflation concerns, no urgency to cut, and continued emphasis on “higher for longer” monetary policy. That posture alone…
Kremlin Condemns White House Envoy’s Comparing Iran & Ukraine Wars Moscow has reacted angrily to fresh words of Trump special envoy to the Middle East Steve Witkoff, who has also been working on US diplomacy with Russia’s Putin, after he drew parallels between the Ukraine war and Israel-Iran conflict. “We’re hopeful that people look at…
