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By Peter Reagan Your News to Know rounds up the most important stories about precious metals and the overall economy. This week, we’ll cover: The massive and not-so-quiet AI boom What the Fed’s bank-capital proposal really says about gold Why “cheapflation” confirms what families already know The American economy has bet an awful …
The amount of PR her and Trudeau pay for is embarrassing. h/t irreversible2002
Borrowing from pensions to fund current spending creates future holes. Socialism in practice often needs bailouts and tricks to stay afloat. Taxpayers and retirees end up paying the bill later. Mamdani is borrowing from New Yorkers Pension funds and deferring the payments. pic.twitter.com/UAaAKROBOo — MX (@MxCl74613523) July 1, 2026 …
VINTON COUNTY, Ohio (WSAZ) – It’s a case officials are calling “almost indescribable.” Ohio Attorney General Andy Wilson released new information about a child neglect case in Vinton County Wednesday afternoon, along with Sheriff Ryan Cain and other investigators. Four people were arrested and charged after investigators searched a home …
Everyone is watching AI. Fewer people are noticing where some of that money may be going next. Biotech quietly spent the last few years getting crushed after the pandemic boom faded. Many companies lost 50% to 90% of their value, capital dried up, and investors largely stopped paying attention. Now …
Digital only means you lose games if banned or company changes terms.
President Donald Trump on Monday declared an emergency aimed at protecting the U.S. food supply and temporarily suspended import duties on certain Moroccan fertilizer products. Under the presidential emergency declaration, phosphate fertilizer imported from Morocco will no longer face tariffs for up to eight months or until the emergency declaration …
High prices and rates finally bite hard in Australia housing. Sellers who waited too long now face real losses. Australian property market drops: Sydney and Melbourne house prices fall after Albanese government budget tax changes House prices are falling in Sydney, Melbourne and Canberra as the market confronts the perfect …
Found unconscious in his own home and needed CPR. Just gonna call it that he's most likely dead. byu/AnomLenskyFeller inconspiracy News is scant at present, with current stories revealing what happened over 2 weeks ago. Here is one from Independent UK, (1 hour old at the time of this writing): Mitch McConnell …
A month ago, owning Microsoft felt almost too easy. Now investors are asking a much harder question. How much AI spending is too much? Microsoft is pouring tens of billions of dollars into AI infrastructure, data centers, and GPUs. That spending is eating into free cash flow, and the market …
via notayesmanseconomics There has been one clear notable feature of the financial world this week and it has been this. The Japanese currency weakened to 162.83 against the dollar on Tuesday, its lowest level in 40 years, according to LSEG data. The drop has revived speculation that authorities could reenter …
Government now pushes whole generation straight into stock market with no other choice. Corporate money like Micron creates loop where donations help buy shares in companies like itself. If market does well kids start ahead. If bubble pops their first money takes the hit. 👀 pic.twitter.com/XkW6YPNupI — Shanaka Anslem Perera …
“There are two ways to enslave a country. One is by the sword. The other is by debt.” – John Adams byu/Boo_Randy_Revival ineconomy “Compound interest on debt was the banker’s greatest invention, to capture, and enslave, a productive society.”
Scientists say they have built a cell from scratch for the first time that can feed, grow and replicate like a natural cell. This breakthrough in synthetic biology could usher in an era of made-to-order organisms that function like living machines. Kate Adamala, a synthetic biologist and professor at the …
This wasn’t a Republican beating a Democrat. It was the left moving further left. Melat Kiros defeated 15 term Representative Diana DeGette in Colorado’s 1st Congressional District 51% to 42%, ending the career of one of the House’s longest-serving progressive Democrats. That’s what makes this race so interesting. DeGette wasn’t …
Isn't this the goal of the villain in almost every Batman movie? https://t.co/DjayUJ2wQZ — Mike LaChance (@MikeLaChance33) July 1, 2026
by Michael The crisis in the Strait of Hormuz is not even close to being resolved, and global oil supplies continue to get tighter and tighter. The world has been running an “oil deficit” for months, and we have been able to do that by running down commercial oil inventories …
Something changed this week. First came reports that OpenAI is in early discussions about giving the U.S. government a 5% equity stake, which could be worth roughly $42 billion based on the company’s latest valuation. According to reports, the idea is to let the public share in AI’s upside while …
Short term fixes like this often stick around longer than planned. New York City to suspend evictions for two days due to heat dome https://t.co/t8uTiUUD4I — Washington Examiner (@dcexaminer) July 1, 2026 New York City is suspending eviction enforcement for two days as the city prepares for an intense heat …
These videos catch the real trouble coming that could hurt stocks bad. Keep eye on Fed moves and next numbers in coming weeks. The labor market just broke. S&P Global reports the manufacturing sector saw its sharpest drop in employment since May 2020—indicating we are heading right into a stagflationary …
Big GDP downgrade shows growth slowing faster than expected. Market may price in more Fed rate cuts soon. This adds fuel to recession fears even if not full crash. Atlanta Fed slashes Q2 GDP growth forecast from 3 percent to 1.2 percent. Source: https://www.atlantafed.org/research-and-data/data/gdpnow
This shows how toxic politics became in entertainment world. Johnson smart to stay neutral and protect his broad audience. Noted Manly Men Will Wheaton and George Takei Attack Dwayne Johnson As a “Coward” For Not Endorsing Their Far-Left Imbecilic Identity Politics. Dwayne Johnson is facing backlash for staying quiet on …
Source: https://x.com/Barchart/status/2072393208235974912/photo/1 Tapped-out consumers in our “booming economy” can’t even afford Wal-Mart, yet the Fed’s Ponzi markets are near their all-time highs. One of these things is not like the other. h/t Boo_Randy_Revival
Indian Point nuclear shutdown in 2020 caused big rise in fossil fuel power. City now faces power issues during heat waves. Post mocks left wing energy policies as failed collectivism. Links to tweet showing the connection. Highlights irony in green policies hurting reliability. Anti nuclear push by Democrats created exactly …
The GOP are losing their minds over spreading "socialism", which means there will be NO bailout for the wealthy when the AI bubble explodes. byu/Boo_Randy_Revival ineconomy
Remember when every Big Tech CEO was racing to buy as many AI chips as possible? Now we’re seeing what happens after the shopping spree. Meta spent tens of billions of dollars building AI infrastructure, buying GPUs, and expanding data centers at a pace few companies have ever attempted. The …
by Michael The oceans on our planet have never been this hot, and this is causing explosive weather throughout the world. Record high temperatures are being set all over the northern hemisphere, we are witnessing absolutely crazy storms, and gigantic wildfires are erupting at a blistering pace. We have never experienced …
Average days on market reached 142 for all home types. This is up sharply from around 119 days last year. Buyers now have more power with longer selling times. Inventory is rising and bidding wars are fewer in many segments. Sellers who overprice will sit even longer while smart ones …
Google co-founder Sergey Brin is cutting his losses and staging a dramatic exit from the dysfunctional New York City real estate market. The tech titan, whose fortune sits at $268 billion on the Bloomberg Billionaires Index, has completely soured on the Big Apple’s increasingly progressive regulatory landscape. Using his personal …
They thought these loans would be forgiven, so they all made the minimum payments while Biden was in office Now she's accrued over $140k in interest Student loans are non bankrupt-able, and the lender will garnish her wages and tax returns for the rest of her life🤡 — NVIDIA INVESTOR …