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Centene just pulled its 2025 earnings forecast. The numbers didn’t slip, they cratered. The company warned of a $2.75 per share hit, wiping out $1.8 billion in adjusted earnings. That’s not a guidance tweak. That’s a full retreat. The trigger came from updated morbidity data across 22 states, covering 72% of Centene’s ACA marketplace footprint. …
Ukraine’s military supply chain just hit a wall. The Pentagon froze shipments of key weapons to Kyiv, including Patriot interceptors, Stingers, and HIMARS rounds. The pause wasn’t announced. It landed without warning. Ukrainian officials summoned the U.S. chargé d’affaires in Kyiv on July 2 to demand answers. The Foreign Ministry said delays “will only encourage …
6.5M sidelined want work participation rate keeps falling… 1. Sector BreakdownJune job gains were led by gov’t, healthcare, and hospitality—low-wage, service-heavy sectors. Meanwhile, business services, manufacturing, and tech were flat or shrinking. This isn’t strength—it’s a shift toward unproductive labor. pic.twitter.com/STzuNl5NM8 — The Coastal Journal (@1CoastalJournal) July 3, 2025 3. People Not in Labor Force …
by Michael Astronomers just discovered that an absolutely gigantic space rock that they have never seen before has entered our solar system. For now, they are referring to this giant space rock as “A11pl3Z”, and they are scrambling to find out all they can about it. At this stage, they don’t even know if it is …
by Michael What in the world just happened to the job market? The unexpectedly bad numbers that have just come in have truly been a shock to many of us. Yes, we knew that conditions were getting worse during the early stages of this year. In fact, the Federal Reserve Bank of New York has …
Robinhood just dropped a product that’s already drawing heat. On July 1, the company launched blockchain-based tokens tied to the valuations of OpenAI and SpaceX. These aren’t shares. They don’t come with voting rights. They don’t grant ownership. They’re synthetic contracts built on Arbitrum that track price movement. That’s the pitch. The tokens are only …
A federal judge just stepped into the immigration ring and threw a punch at the executive branch. On July 2, Judge Randolph D. Moss issued a ruling that blocks President Trump’s January proclamation suspending asylum access at the southern border. Moss says the president cannot override asylum laws passed by Congress. The ruling runs 128 …
Just need to fall 40% pic.twitter.com/L1nTzY4c4G — Darth Powell (@VladTheInflator) July 3, 2025 U.S. Housing Market has reached its most unaffordable level in history 🚨🚨 pic.twitter.com/KqBbG5Dpmw — Barchart (@Barchart) July 3, 2025 The market just dropped hard and anyone rushing to catch it is risking serious injury. The warning signs have been flashing for years …
I don’t believe for a second that Elon would be publicly challenging Trump on spending, damaging his own companies and turning the MAGA base against himself all because of EV credits. It’s obvious he understands math and strongly believes that the spending levels will destroy us I respect it a ton. A willingness to self-sacrifice …
The U.S. economy is showing signs of strain that official headlines aren’t capturing. Despite stock market gains, underlying indicators suggest a slowdown. Labor market indicators are weakening. Initial jobless claims for the week ending June 28, 2025, were 227,980, a slight decrease from the previous week. However, continuing claims increased to 1,974,000, up from 1,937,000 …
Labor market stays warm signs of slowdown below the surface… BLS HOT HOT HOT!: Total nonfarm payroll employment increased by 147,000 in June, and the unemployment rate changed little at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in state government and health care. Federal government continued to… — Sold …
Federal agencies are sounding the alarm. The FBI and Department of Homeland Security issued joint bulletins warning that lone wolf attacks are the top threat to July 4 celebrations in New York City and San Francisco. The concern is not vague. It’s rooted in recent violence and specific intelligence. The agencies cite the New Year’s …
Movie doesn’t start at showtime anymore. AMC officially warns it kicks off 25 to 30 minutes after what’s printed on the ticket. That delay is filled with ads and trailers. Not one or two. Stacks of them. The shift follows a new deal with National CineMedia. Their ad blocks run after the listed time. The …
Gold is no longer tethered to the dollar index. It’s been moving sideways from currency markets for months. The break became visible in April when the dollar index fell 6.4% off its March high, but gold kept climbing. It hit $3,288 per ounce on July 1. That is not noise. That is decoupling. The technicals …
Downing Street has insisted Rachel Reeves will stay in post and has not offered her resignation, after the chancellor was in tears at prime minister’s questions on Wednesday. Reeves wiped away a tear after a series of questions from the Tory leader, Kemi Badenoch, who suggested Labour MPs had said she was “toast”. Badenoch suggested …
The Big Beautiful Bill is sitting in the House chamber right now, and the clock is burning. The Senate passed it on July 1 with a 51 to 50 vote. Vice President JD Vance broke the tie. That sent the bill back to the House for final approval. But the House isn’t rubber-stamping anything. If …
Zohran Mamdani: "We will slowly buy up the housing on the private market and convert properties into communes" pic.twitter.com/u7RQxaERYt — End Wokeness (@EndWokeness) July 1, 2025 Communism…with animation. https://t.co/fq4kzNVzCr — Tom Fitton (@TomFitton) July 2, 2025
The European Union is not blinking. With the July 9 tariff deadline closing in, Brussels has drawn a hard line. Trade Commissioner Maroš Šefčovič is flying into Washington with a mandate to reject any phased deal and demand immediate tariff relief. The EU wants the United States to cut duties now, not later. Trump’s team …
MD State Employee may get Arrested by Sheriff for reporting an Illegal Al*en to ICE An illegal al*en was detained by two ICE agents on Tuesday, June 24, inside the Clarence M. Mitchell, Jr. Courthouse, Baltimore City Sheriff Sam Cogen said. Sheriff Cogen told WJZ an unidentified employee with the Maryland Department of Public Safety …
President Trump announced a trade deal with Vietnam on July 2 that slaps a 20% tariff on every Vietnamese product shipped to the United States and a 40% tariff on goods transshipped through Vietnam. In return, Vietnam agreed to impose 0% tariffs on all American goods entering its market. That includes cars, meat, grain, and …
May job gains revised down signaling labor slowdown… Companies are in lock down mode, reluctant to hire anyone right now. It will likely get worse until the Fed wakes up and cuts rates. pic.twitter.com/v40GWQRUXx — Craig Fuller 🛩🚛🚂⚓️ (@FreightAlley) July 2, 2025 If we start losing service jobs these jobs numbers are going to start …
The housing sector is lining up behind Trump’s flagship legislation. The “Big Beautiful Bill” cleared the Senate on July 1 and now heads back to the House, where its housing provisions are drawing full-throated support from the industry’s biggest players. The National Association of REALTORS, Mortgage Bankers Association, and National Association of Home Builders have …
U.S. Dollar Index $DXY is about to form a Death Cross ☠️ on the weekly chart (50 week moving average crossing below the 200 week) 🚨 A huge upside reversal took place each of the last 2 times this happened (March 2018 and Jan 2021) 📈📈 pic.twitter.com/ALLwNxT70w — Barchart (@Barchart) July 2, 2025 What happens …
Gold just got promoted. As of July 1, 2025, physical gold is now officially classified as a Tier 1 asset under U.S. Basel III banking regulations. That means banks can count gold at 100% of its market value toward their core capital reserves. No haircut. No markdown. Same treatment as cash or Treasuries. This is …
President Trump is turning up the heat on Tokyo. With the July 9 tariff deadline closing in, he’s made it clear that Japan could face new duties of 30% to 35% on exports to the United States. The warning came during a press briefing and was later echoed on Truth Social, where Trump accused Japan …
Sean “Diddy” Combs just dodged the biggest bullet of his life. The federal jury handed down its verdict on July 2 after seven weeks of testimony and three days of deliberation. Combs was acquitted of racketeering and sex trafficking, the two charges that carried the possibility of life in prison. But he didn’t walk out …
This is where we are RIGHT NOW and the banking crisis hasn’t even started yet – think about it, just think… @kshaughnessy2 https://t.co/Nf7XyLhn4P pic.twitter.com/J7A7OnKvXE — JustDario 🏊♂️ (@DarioCpx) July 2, 2025 “Horrible” is a euphemism at this point https://t.co/OFL7LHgPPs — JustDario 🏊♂️ (@DarioCpx) July 2, 2025 The delinquency trends for Core CRE (excludes multifamily, construction, …
CalPERS scandal erupts after CCP-linked former CIO Yu Ben Meng accused of falsifying disclosures and violating ethics rules before fleeing post. The California employees pension aka CalPERS is in trouble. In January 2019—the same month Gavin Newsom become California's governor—he hired CCP 🇨🇳 agent Yu Ben Meng, an alumni of China's Thousand Talents program to …
The $37 trillion debt is a symptom of D.C.’s addiction to reckless spending. Since 2019, federal outlays surged 51.7% to $6.7 trillion annually, while interest payments alone hit $1.71 trillion—enough to fund NASA for 68 years. The Cost Estimates Improvement Act (H.R. 991) tries… — Watch DOGE (@dogeai_gov) July 1, 2025 "To preserve our independence, …
President Trump’s flagship legislation is now hanging by a thread. The “Big Beautiful Bill” cleared the Senate on July 1 after a 26-hour vote marathon, but it did so with a tie-breaking vote from Vice President JD Vance. That alone signals trouble. The bill now returns to the House, where the revised version is triggering …