Bessent Unleashes Treasury Buyback Overhaul In Major Step To Yield Curve Control, Doubles Down On Bill Dominance In today’s closely watched Quarterly Refunding Announcement on debt issuance – which to many was more important than the FOMC statement – the Treasury Department said at 8:30am ET that that it anticipates keeping the size of its…
Category: Economy
United Kingdom Tops Europe in External Debt With $9.6 Trillion
Key Points The UK has a massive $9.6 trillion in external debt This figure practically dwarfs the combined military budgets of most NATO members This figure also holds a bearing on how any given country conducts itself on the global stage and can influence decisions on going to war based on where these debts might…
WTI Dips After Biggest Crude Build In 6 Months
WTI Dips After Biggest Crude Build In 6 Months Oi prices were steady early on Wednesday, rising for a third session even as API reported an unexpected rise in US crude inventories. Oil prices have been supported by U.S. threats to impose secondary sanctions of buyers of Russian oil after U.S. President Donald Trump this…
Live: Does Microsoft (Nasdaq: MSFT) Rally After Today’s Earnings?
Live Updates Live Coverage Updates appear automatically as they are published. The Fed May Move Markets Soon 12:29 pm by Eric Bleeker The announcement of Q2 GDP figures has shaped most the morning’s trading, but as a reminder we could see some volatility before Microsoft’s earnings when Jerome Powell holds a press conference at 2:30….
General Motors (NYSE: GM) Price Prediction and Forecast 2025-2030 (August 2025)
Shares of General Motors (NYSE:GM) gained 6.58% over the past month after gaining 3.24% the month prior. That has pushed the legacy automaker’s year-to-date performance into the green with a gain of 2.10%. The stock’s dividend currently yields 1.15%, or 15 cents quarterly, at current its current price. Earlier this summer, it was reported that the…
Italy’s 22 Million Military-Fit Citizens Are a Silent Strength
Key Points Italy ranks as one of the largest reservoirs of military-age citizens in Europe Italy has roughly 22 million citizens that are fit-for-service in the Italian Armed Forces This puts Italy ahead of Spain and France, but it falls short of the top spots in terms of European populations Are you ahead, or behind…
US, UK In Secret Talks With Ukrainian Officials To ‘Replace Zelensky’: Russian Intelligence Claims
US, UK In Secret Talks With Ukrainian Officials To ‘Replace Zelensky’: Russian Intelligence Claims Russia’s Foreign Intelligence Service (SVR) has claimed in a new statement published by TASS state news agency that US and British officials recently met with senior Ukrainian figures in an undisclosed Alpine resort in Europe to discuss the possible replacement of…
528 MLRS Systems: The Backbone of Egypt’s 2,018-Piece Artillery Force
Key Points Egypt boasts an arsenal of over 2,000 total artillery units at the ready Over a quarter of that firepower is represented by multiple launch rocket systems (MLRS), which are some of the most sophisticated military assets Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor…
These 2 Stocks Are Up More Than 200%, but Still Have Plenty of Room to Run
Key Points in This Article: It can be challenging holding onto winning stocks due to the temptation to secure profits or reduce risk. Selling high-performing stocks too early can limit long-term portfolio growth and trigger costly capital gains taxes. A long-term investment strategy with carefully chosen stocks helps investors avoid the pitfalls of market timing….
US Pending Home Sales Hover Near Record Lows After June Gloom
US Pending Home Sales Hover Near Record Lows After June Gloom The choppy performance of the US housing market continued in June with pending home sales falling 0.8% MoM (considerably worse than the 0.2% MoM rise expected). Source: Bloomberg That left YoY sales down 0.3% – the seventh straight monthly decline in annual growth –…
We Must Stop Saying “Must”
In my first year of grad school, one of my professors had a long list of “forbidden words”. These were terms that do more to confuse than enlighten when used in economic analysis. Terms like “need”, “afford”, “exploits”, “vicious circle”, etc. Today, I’ll argue that we might wish to add the term “must” to that…
PEOPLE ARE DONE TIPPING, STARBUCKS PROFITS PLUNGE AMID HIGHER PRICED ITEMS
In this economic/financial news report we discuss how some people are saying no to tipping workers and others have stopped paying for overpriced drinks at Starbucks and elsewhere, but, is it enough to make a difference and force businesses to stop raising their prices? This channel contains news and analysis that often includes ‘one mans…
Sen. Kennedy Says ‘We Need More Idiot Control’ After NYC Shooting
Sen. Kennedy Says ‘We Need More Idiot Control’ After NYC Shooting Authored by Matt Margolis via PJMedia.com, Sen. John Kennedy (R-La.) once again demonstrated why he’s among the most blunt voices on Capitol Hill as he threw cold water on the left’s knee-jerk fixation with gun control in the aftermath of Monday’s deadly Midtown Manhattan shooting that…
Mercedes, Porsche Slash Forecasts As Tariffs Hit Sales
Mercedes, Porsche Slash Forecasts As Tariffs Hit Sales Mercedes-Benz Group and Porsche have both reported earnings, and the outlook is grim. Both German luxury automakers slashed full-year profit guidance, citing a double hit from President Trump’s ongoing trade war and an intensifying EV price war as China floods the world with low-cost vehicles. Mercedes-Benz warned that full-year…
US GDP Jumps To 3.0% In Second Quarter, Trouncing Estimates And Reversing Q1 Contraction
US GDP Jumps To 3.0% In Second Quarter, Trouncing Estimates And Reversing Q1 Contraction So much for that imports-driven mini recession in Q1. One quarter after liberal economists cried with delight when the US economy contracted as a result of a surge in imports (even as consumption remained solid), moments ago the Bureau of Econ…
The High Beta Melt Up: Echoes Of 1999
The High Beta Melt Up: Echoes Of 1999 Authored by Michael Lebowitz via RealInvestmentAdvice.com, In our recent article, “The Magnificent Seven Are Mediocre,” we pondered whether the stock market is entering a melt-up phase, where investors driven by extreme speculative behavior and hopes for exponential returns favor volatile stocks with high betas. To be clear,…
Rupee Slides After Trump Threatens India Over Russia Trade
Rupee Slides After Trump Threatens India Over Russia Trade With the August 1st tariff pause deadline looming, President Trump has taken to his Truth Social account to lambast India for continuing to buy oil (on the cheap) from Russia. (emphasis ours) Remember, while India is our friend, we have, over the years, done relatively little…
FBI Issues Mobile App Warning, Plus 32 Most Significant FBI Cases in American History
A handful of mobile apps have been linked to foreign adversaries, including Russia and China. The FBI has stepped in to warn users not to download these apps, as they could pose a threat to personal information. In what sounds like a dystopian novel, The risks include data harvesting and surveillance. The apps in question…
“Employers More Optimistic Than Consumers” As ADP Reports Big Rebound In Jobs In July
“Employers More Optimistic Than Consumers” As ADP Reports Big Rebound In Jobs In July The American economy added a larger than expected 104k jobs in July according to ADP Employment data released this morning. This is better than the 76k expected and June’s 33k job loss was revised up to a 23k job loss… Source:…
Rivian Automotive (NASDAQ: RIVN) Stock Price Prediction for 2025: Where Will It Be in 1 Year (July 30)
Shares of Rivian Automotive Inc. (NASDAQ: RIVN) have pulled back 6.7% over the past five trading sessions, ahead of its impending second-quarter report. The share price is 19.9% lower than a year ago. EV manufacturer Rivian is striving to regain momentum after first-quarter results it posted on May 6. Despite surpassing Wall Street’s expectations with…
Samsung Partners with Tesla as Apple Seeks to Compete Via Foldable Phone
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Tesla and Samsung have just announced a partnership centered around a multibillion-dollar chip supply agreement. Musks AI company and Samsung electronics will work together to push Samsungs advanced memory and logic chips. These chips…
Citi Launches Luxury Cards for Affluent Americans As Majority Seeks to Avoid Debt by Using Credit Cards Strategically
Good news for affluent Americans: Citigroup has just launched two new credit cards just for you. The Citi Stata Premier and Strata Elite credit cards are designed for those looking for premium lifestyle benefits. Perks of the exclusive cards revolve around travel, and include dining rewards, access to airport lounges, and round the clock concierge…
Here Are 6 ETFs Bill Gates Might Endorse for Everyday Investors
Key Points in This Article: Bill Gates’ investing philosophy emphasizes stability, quality, and long-term value, drawing from the investment approach of his major charitable trust, the Bill & Melinda Gates Foundation Trust. Investments in technology, industrials, clean energy, and ESG-focused funds reflect a blend of innovation, resilience, and social responsibility. Low-cost, diversified ETFs provide everyday…
Futures Rise Ahead Of Huge Day: Fed, Mag7 Earnings, Refunding, GDP And More
Futures Rise Ahead Of Huge Day: Fed, Mag7 Earnings, Refunding, GDP And More US equity futures were modestly higher in the hours before Wednesday’s Fed rate decision (where Powell is expected to keep rates unchanged) as traders also braced for the restart of Mag7 earnings with META and MSFT reporting after the close, while also…
Nvidia (NASDAQ: NVDA) Stock Price Prediction for 2025: Where Will It Be in 1 Year (July 30)
Shares of Nvidia Corp. (NASDAQ: NVDA) have surged 61.0% over the past 90 days and are trading near an all-time high above $179. The stock is 30.7% higher than at the beginning of the year, easily outperforming the S&P 500 and Nasdaq in that time. However, the rebound from the spring low has sparked mixed…
EU Country’s Leader Says Ukraine’s Backers ‘Tired’ Of Peace
EU Country’s Leader Says Ukraine’s Backers ‘Tired’ Of Peace Slovak Prime Minister Robert Fico at the start of this week lambasted the West’s approach to the Russia-Ukraine war in a video message, accusing European leaders of acting recklessly and intentionally misleading Moscow, also while Europe prioritizes calls for peace in Gaza but still remains silent…
Nasdaq Composite Live: All Eyes are on the Federal Reserve
The tech-heavy Nasdaq is up about 53 points in premarket. Fueling upside are the trade war agreements with the European Union, and hopefully with China ahead of the August 1 deadline. Earnings have also been solid, with Starbucks posting stronger-than-expected revenue for its third quarter. While eps of 50 cents did miss by 15 cents,…
Dividend Growth Stocks Are the New Tech Stocks — Here’s Why
For young, growth-focused investors, perhaps dividend growth stocks are a better pick-up at current levels, especially as the red-hot AI stocks consider their next moves going into the turbulent month of September. Indeed, a market sell-off isn’t guaranteed to hit, just because we’re entering the scariest month of the year. And while stocks could certainly…
There’ll Always Be An England… But Will It Be Free?
There’ll Always Be An England… But Will It Be Free? Authored by Roger Kimball via American Greatness, Sitting here in London, I wonder what Ross Parker and Hughie Charles would think if they could join me for a pint. I suspect that the authors of the famous 1939 song “There’ll Always Be An England” would be puzzled,…
4 Safe High-Yielding Dividend Aristocrats Are Our Top Picks in a Dangerous Market
Investors seeking defensive companies that pay substantial dividends are drawn to the Dividend Aristocrats, and with good reason. The 69 companies on the 2025 S&P 500 Dividend Aristocrats list have increased their dividends (not just maintained the same level) for 25 consecutive years. But the requirements go even further, with the following attributes also mandatory…
3 Reasons NVIDIA Likely Loaded Up on WeRide (WRD) Stock
Nvidia (NASDAQ:NVDA) and its legendary leader, CEO Jensen Huang, have generated significant returns for many investors over the past couple of years. Indeed, even new investors who’ve put money to work in recent months have been rewarded by a firm that seems to have what it takes to make a run for the $5 trillion…
Live: Will Etsy (Nasdaq: ETSY) Soar After Earnings Today?
Live Updates Live Coverage Updates appear automatically as they are published. Wall Street Expectations for Q2 6:30 am by Eric Bleeker Once Etsy’s earnings hit the wires, here’s what Wall Street expects the company to deliver: Q2 Wall Street Consensus Revenue: $647.6 million Adjusted EPS: $1.09 Free Cash Flow: $165.6 million For comparison, last year…
Trump Could Pull Up To 30% Of US Troops Currently In Europe
Trump Could Pull Up To 30% Of US Troops Currently In Europe Via Remix News, In line with its review of all troops stationed around the world, the U.S. could cut 30 percent of forces in Europe, according to sources close to the Pentagon cited by Politico. The Do Rzeczy news portal asks what this will mean…
These 3 AI Dividend Stocks Have 100% Upside Potential
Key Points These AI dividend stocks give you both upside potential and passive income. All three companies have strong exposure to long-term AI megatrends. They’re trading at far cheaper valuations compared to more popular AI stocks. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes…
Live: Dividend Giant Altria (NYSE: MO) Releases Earnings Today
Live Updates Live Coverage Updates appear automatically as they are published. What Wall Street Expects Altria To Report Today 6:15 am by Eric Bleeker Let’s look at some of the key numbers Wall Street will be watching when Altria reports this morning. Q2 Wall Street Consensus Revenue: $5.19 billion Adjusted EPS: $1.38 Last year the…
Live Earnings Analysis: Will ADP Beat Earnings Today?
Live Updates Live Coverage Updates appear automatically as they are published. Here’s What Wall Street Expects Today 6:10 am by Eric Bleeker We’ve looked back at what ADP delivered in April, now let’s preview what Wall Street is expecting when the company reports earnings this morning: Wall Street Consensus for Fiscal Q4 Revenue: $5.05 billion…
The only thing worse than sweatshops is no sweatshops
Photo by Fahad Faisal via Wikimedia Commons I was going to write about U.S. politics today, but sweatshops came up in an online discussion, so I’ll write about that instead. It’s so rare to have interesting, substantive discussions about economic policy on social media, so I relish the chance to dive into one when it…
Which Countries Pray The Most?
Which Countries Pray The Most? Prayer is one of the most common forms of spiritual expression worldwide. Yet, how often people pray varies widely across cultures, religions, and regions. This chart, via Visual Capitalist’s Niccolo Conte, ranks countries by the number and share of people who pray daily, using data from a survey by the Pew Research…
Live: Will Vertiv (NYSE: VRT) Earnings Kick Off Another Rally?
Live Updates Live Coverage Updates appear automatically as they are published. Big news 6:17 am CEO Giordano Albertazzi’s very bullish statement on Vertiv’s future prospects: “We are strategically investing in capacity expansion and accelerating our innovation pipeline to capitalize on unprecedented data center growth, particularly in AI-enabled infrastructure. Given our strong performance, backlog and positive…
“Beyond Realistic”: Why Europe’s Pledge To Buy $750BN In US Energy Is Mathematically Impossible
“Beyond Realistic”: Why Europe’s Pledge To Buy $750BN In US Energy Is Mathematically Impossible As part of the U.S.-EU trade deal agreed over the weekend, the EU committed to purchasing a mindblowing $750 billion worth of US energy products over three years ($250 per year) including LNG, oil, and nuclear fuel (again this is very…
EU Courts Turkey As It Overlooks Istanbul Mayor Arrest, Opposition Crackdown
EU Courts Turkey As It Overlooks Istanbul Mayor Arrest, Opposition Crackdown Via Middle East Eye When Istanbul Mayor Ekrem Imamoglu was detained in February on charges of corruption, European officials were stunned. Imamoglu, widely regarded as the most important contender against Turkish President Recep Tayyip Erdogan, had faced legal challenges before. But few expected his dramatic detention…
Starmer Warns UK Could Join France In Recognizing Palestinian State
Starmer Warns UK Could Join France In Recognizing Palestinian State Despite the Trump administration remaining firmly in Israel’s corner, pressure is growing on the Netanyahu government as military operations in Gaza expand, and as more hunger-related deaths among Palestinians are reported. British Prime Minister Keir Starmer has told his cabinet the United Kingdom will recognize…
Is AI A Tool Or A Trojan Horse? Why I’m Deeply Concerned For The Minds Of Our Children
Is AI A Tool Or A Trojan Horse? Why I’m Deeply Concerned For The Minds Of Our Children Authored by Daniel Amen via The Epoch Times, Have you seen Grok’s Ani? She’s Elon Musk’s AI anime girl—engineered to be your virtual companion. A digital girlfriend who flirts, strokes your ego, and will do almost anything…
Colorectal Cancer Rising Among People Under 50: American Medical Association
Colorectal Cancer Rising Among People Under 50: American Medical Association Authored by Naveen Athrappully via The Epoch Times (emphasis ours), Younger people are increasingly being diagnosed with colorectal cancer, a disease typically associated with people age 50 and older, the American Medical Association (AMA) said in a July 24 report. A colonoscopy is common colorectal…
Autocar Magazine Unveils “90s Gems To Buy Now”
Autocar Magazine Unveils “90s Gems To Buy Now” British motoring magazine Autocar has compiled a list of 1990s cars to buy and hold. The list is not full of Lamborghinis, Ferraris, or other high-end European exotics, but affordable classics that everyday enthusiasts can realistically afford. Autocar’s Charlie Martin explained that the 1990s were defined by speed, with…
Addiction Fiction: Dopamine Is Not Why Kids Love TikTok
Addiction Fiction: Dopamine Is Not Why Kids Love TikTok Authored by Christopher J. Ferguson via RealClearInvestigations, Nowadays, it seems we can be addicted to anything – not just alcohol and drugs, but pornography, random Internet browsing, video games, and smartphones. Academic research papers have investigated a wide range of other behaviors including gambling, but also…
Philanthropy and The Man Who Invented Conservatism
Daniel J. Flynn’s forthcoming biography of Frank S. Meyer describes foundations’ roles in his life and work—and thus in the American conservatism, and America, he helped forge. Frank S. Meyer is “the American credited as the founder of the Communist student movement in the United Kingdom,” according to Daniel J. Flynn’s introduction of his magnificent biography…
Tsunami Alerts Triggered After 8.7 Earthquake Hits In Russian Waters
Tsunami Alerts Triggered After 8.7 Earthquake Hits In Russian Waters Update (2048ET): It looks like Japan may have overreacted (better safe than sorry, given their last tsunami), as a reported 30CM tsunami has hit Hokkaido according to NHK. yes, yes… https://t.co/8XnzPnyJBU pic.twitter.com/Jv8dgD0vTJ — zerohedge (@zerohedge) July 30, 2025 Stay tuned for updates on other regions… * …
“Give Me Sydney Sweeney’s Tits Or Give Me Death”
“Give me Sydney Sweeney’s tits or give me death!” Those were the words of Patrick Henry to the Second Virginia Convention on March 23, 1775. Well, not those words exactly. But trust me, they’re very, very close. And the point was the same: liberty is great. And liberty means freedom. And freedom means unapologetic tits…
Delusional Seattle Democrats Blame Trump While Ignoring Their Role In Homelessness Crisis
Delusional Seattle Democrats Blame Trump While Ignoring Their Role In Homelessness Crisis In a recent op-ed, radio host Jason Rantz argues that Seattle Democrats outraged by President Donald Trump’s new homelessness executive order are ignoring their own responsibility for the crisis. Trump’s order, “Ending Crime and Disorder on America’s Streets,” dismantles “Housing First” and “Harm…
Judge Rejects Bid To Open Fed’s Closed-Door Meetings On Interest Rates
Judge Rejects Bid To Open Fed’s Closed-Door Meetings On Interest Rates Authored by Tom Ozimek via The Epoch Times, A federal judge in Washington has rejected an investment firm’s request to force the Federal Reserve to open its closed-door monetary policy meetings to the public. U.S. District Judge Beryl A. Howell on July 28 denied…
