Independent thinking for complex markets and current events
So by voting for Democrats, you are voting for waste, fraud and abuse. https://t.co/DTquhS4ZKi — Bill Ackman (@BillAckman) January 18, 2026
Barely two months after laying off 350 employees, including many locally, CarMax has just cut hundreds more jobs. The Goochland-based used-car giant announced Wednesday an additional mass layoff of 230 workers at its corporate offices, including 113 based in the Richmond area. “We have made the difficult decision to reduce Home Office and CarMax Auto …
The past two weeks have marked a historic moment in the precious metals market. Both gold and silver have reached record highs multiple times, driven by a convergence of global uncertainty, inflation concerns, and renewed interest in hard assets. With these price movements has come a surge in demand—one unlike anything we’ve seen in years— …
Rep. Neal Dunn (R-Fla.) is retiring, he announced Tuesday in a post on social media, becoming the latest House Republican to call it quits ahead of what is expected to be a punishing midterm election year for the party in power. The five-term member said in a statement that he was proud to fight for …
New York Governor Kathy Hochul and newly sworn in New York City Mayor Zohran Mamdani have just announced their plans to spend billions of dollars on a ‘free’ childcare program. What could possibly go wrong? They are doing this as the state of Minnesota is imploding under the weight of a massive fraud scandal which …
🚨 JUST IN: Secretary RFK Jr. announces the WAR ON ADDED SUGAR has just begun, the war on saturated fats is over "Added sugars…drive metabolic disease. Today, our government declares WAR on added sugar!" 🇺🇸 "My message is clear: EAT REAL FOOD." 💯 MAHA IS WINNING! pic.twitter.com/5KF4c5TAis — Eric Daugherty (@EricLDaugh) January 7, 2026 The …
Throughout 2025, the same factors already drove gold prices to multiple records, with its last peak set at $4,549.71 an ounce on Boxing Day. For the calendar year, gold was among the best-performing commodities, with a gain of nearly 65%. That strong momentum is likely to extend into this year, analysts said, noting the geopolitical …
TESLA OFFERS $60-A-DAY CAR RENTALS IN MICHIGAN: NO DEALERS, NO MIDDLEMEN Tesla is officially launching its rental program in Michigan…yes, in the home turf of the old-school auto industry. They just set up Tesla Rental LLC, planning to run their own fleet without asking permission from traditional rental companies or dealerships. Model 3 and Model …
UK’s Chief of Defence Staff Richard Knighton recently made a speech warning British citizens to be prepared for potential conflict with Russia and calling for greater public readiness, recruitment, and defense investment. Jimmy points out that this rhetoric is designed to generate fear, expand military spending, and benefit powerful defense and financial interests rather than …
Sen. Cynthia Lummis, R-Wyo., announced Friday that she won’t seek re-election next year, saying that “I do not have six more years in me.” “Deciding not to run for re-election does represent a change of heart for me, but in the difficult, exhausting session weeks this fall I’ve come to accept that I do not …
🚨 @POTUS announces "WARRIOR DIVIDENDS" — a $1,776 non-taxable lump sum payment for our great service members, already on its way. https://t.co/s9lVlknp6x pic.twitter.com/PsINTaUoVt — Rapid Response 47 (@RapidResponse47) December 18, 2025 .@POTUS: "Next year, you will also see the results of the largest tax cuts in American history… many families will be saving between $11,000 …
DETROIT — Ford Motor expects to record about $19.5 billion in special items related to a restructuring of its business priorities and a pullback in its all-electric vehicle investments, the company announced Monday. The Detroit automaker said most of those charges will occur during the fourth quarter. That will be followed by $5.5 billion in …
We dont need more bridges, We need more walls. h/t @ElChapperOne
This week sees Fed lack October PPI and creates uncertainty on inflation expectations. The delay by the BLS forces analysts to wait until the joint October-November PPI becomes available. A lack of October information weakens market confidence and undermines other important policy decisions in the future. U.S. Labor Department has scrapped the October Producer Price …
IBM said it is acquiring Confluent in a deal worth $11 billion. The addition of Confluence will strengthen IBM’s artificial intelligence portfolio. IBM will pay $31 per share in cash for all of the issued and outstanding common shares of the company. IBM announced Monday that it is acquiring data streaming platform Confluent in a …
Authored by Mike Shedlock via mishtalk, The DOJ and the FTC will each launch a witch hunt on high food prices. Food is now a national security concern. Please note a Trump Executive Order Addressing Security Risks from Price Fixing and Anti-Competitive Behavior in the Food Supply Chain. Section 1. Background. An affordable and secure food supply is …
If you thought Jerome was loose with the stimmy gun…Hassett about to turn the Fed into a full blown meme factory. I came prepared: pic.twitter.com/H7Dg5Onhpc — MortgagesByM (@MortgagesByMB) December 2, 2025 President Donald Trump said over the weekend that he has chosen the next Federal Reserve chair, a decision unfolding as affordability pressures continue to …
Travelers going through airport security checkpoints without a REAL ID or passport will face a $45 fee starting Feb. 1, the Transportation Security Administration announced Monday. This fee is part of the agency’s next phase of the REAL ID implementation process and will require individuals to verify their identity through a biometric or biographic system …
🚨BREAKING: Trump has CHOSEN a NEW FED CHAIR. — Spencer Hakimian (@SpencerHakimian) November 30, 2025 🚨 BREAKING: President Trump just decided on JEROME POWELL'S replacement as Federal Reserve Chair "I know who I'm gonna pick!" REPORTER: "Kevin Hassett?!" TRUMP: "😁I'm not telling you. We'll be announcing it!" Too Late is on his way out, FINALLY. …
President Donald Trump says he’ll sell F-35 fighter jets to Saudi Arabia as he praised the kingdom for its strong partnership with the US. “I will say that we will be doing that,” Trump said when asked if he would sell the jets to Saudi Arabia.
NEW: Canada announces a $1.7 billion program to recruit top H1B visa holders from America pic.twitter.com/wz94woOad9 — Shashank Mattoo (@MattooShashank) November 12, 2025 Also embedded in Budget 2025 is a headline-grabbing talent-attraction measure: an accelerated permanent-residence pathway for holders of U.S. H-1B specialty-occupation visas. Details released on Nov 4 confirm Ottawa’s intent to build on …
President Trump ordered action — and the Department of War is delivering. Today, I’m announcing Operation SOUTHERN SPEAR. Led by Joint Task Force Southern Spear and @SOUTHCOM, this mission defends our Homeland, removes narco-terrorists from our Hemisphere, and secures our… — Secretary of War Pete Hegseth (@SecWar) November 13, 2025 US Defense Secretary Pete Hegseth …
by Michael There have been stunning new developments in the Middle East. France and the Palestinian Authority have agreed to establish a joint committee to draft a constitution for a Palestinian state. Needless to say, this will give French President Emmanuel Macron a tremendous amount of power to shape what a future Palestinian government will …
Oklo announced that the U.S. Department of Energy (DOE) Idaho Operations Office has approved the Nuclear Safety Design Agreement (NSDA) for the Aurora Fuel Fabrication Facility (A3F) at Idaho National Laboratory (INL), selected to participate in the DOE’s Advanced Nuclear Fuel Line Pilot Projects. The NSDA, the first under the DOE’s Fuel Line Pilot Projects, …
🚨 U.S. ANNOUNCES CHANGES IN RECIPROCAL TARIFF RATES WITH CHINA AFTER AGREEMENT -FEDERAL REGISTER — *Walter Bloomberg (@DeItaone) November 6, 2025 Based on the Federal Register and White House announcements, here are the key changes in US-China reciprocal tariff rates from the recent agreement: – US reduces tariffs on Chinese imports (fentanyl-related) by 10 percentage …
BREAKING: FAA announces 10% reduction in airline traffic in 40 markets to maintain safety during ongoing government shutdown – AP — Breaking911 (@Breaking911) November 5, 2025 The U.S. Department of Transportation and Federal Aviation Administration (FAA) have announced a 10% reduction in scheduled air traffic from at least 40 major airport across the United States, …
An American airline has announced its immediate shutdown after 66 years of service. Kenai Aviation has declared itself ‘financially insolvent’ and ceased operations, cancelling all flights. The owner of Kenai Aviation, Joel Caldwell, issued a statement expressing his devastation at the events. He wrote: ‘Where some see passengers, I see connecting Alaskans. ‘I see people …
00:00 Corporate Bankruptcies Surge 44% Higher Than Long Term Average 09:47 National Debt Just Surpassed 38 Trillion 15:39 Target Announces Largest Layoff in Over a Decade 18:23 Costco Groupon Pays You To Shop There Corporate bankruptcies have been skyrocketing to the highest levels that we have seen since 2005 and I’ve been running over 40% …
Russia said its position “remains unchanged” as it responded to U.S. President Donald Trump‘s latest call to freeze the war in Ukraine along the current frontlines. The Kremlin has previously rejected calls for a ceasefire, saying it thinks Ukraine would use a pause in the fighting to rearm and regroup, and so would rather go …
Jeanine Pirro announces charges against two perps in the assault and robbery of big balls Edward Coristine — listen for the details.pic.twitter.com/iC23SLU0hk — Citizen Free Press (@CitizenFreePres) October 22, 2025 Jeanine Pirro has charged two young men for attacking Edward “Big Balls” Coristine back in August. Coristine, who worked for a government office focused on …