A hub for independent voices and hard truths
Elon Musk isn’t on track to become a trillionaire because he invented something indispensable or outcompeted rivals. He’s on track because a board decided that oversight is optional and that devotion to one individual outweighs accountability. If shareholders approve, Tesla …
Powerball jackpot rises to $1.7 billion after no one won tonight pic.twitter.com/Ru4OmWDDJA — BNO News Live (@BNODesk) September 4, 2025
The illusion is unraveling. The AI boom isn’t growth. It’s a public hemorrhage disguised as inevitability, a silent collapse dressed in corporate slogans. Every headline about funding, every press release about partnerships, every glossy demo conceals a truth the spreadsheets …
A federal judge on Wednesday stopped the Trump administration’s attempt to axe $2.2 billion in research funding for Harvard University.
The economy just got punched. $31 billion in tariffs hit in a single month. August didn’t end in prosperity or surplus. It ended in extraction. Every dollar was drained from consumers and corporations, funneled straight into the Treasury’s vault. The …
The $5.7 billion investment will see the US government take a 10% stake in Intel, with the Commerce Department said to be ironing out the details. Intel’s chief financial officer has confirmed the company has received $5.7 billion from the …
France is cracking under its own weight. Debt has surged past €3.35 trillion, more than 114 percent of GDP. The government’s answer is €5 billion in emergency cuts scraped from unspent funds and health insurance. “France faces €5bn in fresh …
We Cannot Afford A Recession There has been ongoing debate as to whether the U.S. economy can weather some of the headwinds we’re currently facing. However, if the past two recessions are any indication, we simply cannot afford a recession—not …
South Korea wants to modernize the US navy South Korea proposed a shipbuilding project worth tens of trillions of won to US during the tariff negotiations, Yonhap News says, citing unidentified sources. South Korea’s Industry Minister Kim Jung-kwan explained the …
$46.7 billion in revenue. A 56% jump from last year. A figure no chipmaker has ever touched. And the stock still fell more than 5% after hours. That is not strength. That is fragility revealed. The illusion is scale. The …
I don’t know who needs to hear this but… There is a NON-zero chance that tomorrow’s AI boom ends tomorrow. I’m not betting that way, but it is important to realize that there is a non-zero chance it all ends …
Despite allusions to nepotism and corruption, the Commerce Department hasn’t made clear what it wants to do with the newly clawed-back funds. The U.S. Commerce Department has seized control of a $7.4 billion semiconductor research fund from the National Center …
The parasite didn’t sneak in. It flew. It burrowed. It ate. On August 4, 2025, the CDC confirmed the first human case of New World screwworm in the United States. A Maryland resident returning from El Salvador carried it in …
The ban stems from: Child safety concerns Inappropriate content Weak moderation systems Chinese regulators cited Roblox’s failure to prevent harmful material from reaching young users, which clashes with the country’s strict digital content laws. https://economictimes.indiatimes.com/news/international/us/robolox-is-banned-in-these-countries-shutdown-rumors-usa-safety-issues-global-bans-us-lawsuits-explained/articleshow/123441374.cms
“A study by ANZ has valued Australia’s farm dog workforce at a staggering $3 billion as farmers struggle to hire and retain good staff. The study estimated the nation’s 270,000 working livestock dogs contributed to the economy at an amount …
Australia’s housing crisis isn’t about affordability anymore. It isn’t even about supply. It has become something darker: a creeping attempt to redefine ownership itself. For decades, the family home was treated as sacred ground, the one place politicians swore would …
Tariffs are supposed to pay down debt and maybe fund a public dividend. President Trump claims, “We’re taking in so much money that we may very well make a dividend to the people of America.” https://finance.yahoo.com/news/trump-says-tariffs-going-enough-080300997.html Reality check: the federal …
Strategic bitcoin reserve turns out to be more like a digital paperweight. TREASURY SECRETARY SCOTT BESSENT SAYS THE U.S. WILL **NOT** BE BUYING ANY BITCOIN THEY WILL HOLD THE $15-$20 BILLION IN BITCOIN THEY ALREADY HAVE AND CONFISCATE MORE WEIRD, …
AI startup Perplexity has offered to buy Google’s Chrome browser for $34.5 billion. The company said venture investors have proposed funding the deal. The Department of Justice proposed Google divest Chrome as part of the antitrust suit the company lost …
Nvidia’s Jensen Huang offered the White House $500 billion to keep China’s market open. Trump pushed for even more. That shows just how high the stakes are for both sides in this tech standoff. https://www.wsj.com/articles/nvidia-ceo-jensen-huang-white-house-china-chip-sales-500-billion-investment-4f3a2b7a $NVDA – From WSJ REPORT: …
To put this into perspective$PDD has a $160 billion market cap 60% higher than $HOOD But it did $54 BILLION revenue last year. 60% higher market cap13.5x more revenue. ??????????????? pic.twitter.com/MqaHEB1zic — Zoomer 🧢 (@zoomyzoomm) August 9, 2025 And today …
Introducing: Richland High School Opening next week in Prosper, Texas Nobody builds high schools like North Texas pic.twitter.com/sIqzLfXeAQ — Amy Nixon (@texasrunnerDFW) August 7, 2025 Prosper ISD’s debt load is $5 billion with interest. “Prosper ISD’s 2023 bond package is …
The Fed’s Reverse Repo Facility balance fell to just $78.1 billion on August 7, 2025. This shows banks are pulling money out of the Fed, holding onto cash instead of lending or investing. “The Fed’s Reverse Repo Facility (RRP) balance …
Morgan Stanley just slammed a price tag on AI’s future. $2.9 trillion in data center spending by 2028. Only $1.4 trillion of that comes from actual cash flow. That leaves a massive $1.5 trillion debt crater. Not a simple gap. …
Indirects faded. 59.5% taken. Six-month average sits at 61.9%. Dealers got hit with 17.5%. Normal is 13.9%. “Indirect bidders… took 59.5% of the issue, below their six-month average of 61.9%… dealers absorbed a heavier-than-average 17.5%.” https://finance.yahoo.com/news/us-treasury-sells-25b-30y-175706796.html 🚨 The U.S. just …
In 2024, top CEOs added billions to their pay. Palantir’s Alexander Karp gained over $1,000,000,000 in stock. Broadcom’s Hock Tan raked in $1,150,000,000. A dozen other CEOs landed $50,000,000 to $100,000,000. It was a record year for the executive class. …
Palantir is now worth $374.75 billion. Bigger than Home Depot. Procter & Gamble. Bank of America. Coca-Cola. But it only brings in $3.1 billion annually. That’s a 120x price-to-sales ratio. Not driven by product. Driven by surveillance. In Q2 2025, …
Trump demanding Rupert Murdoch testify under oath within 15 days and seeking $10 billion from News Corp is more than a headline grabber. The lawsuit accuses Murdoch and News Corp of orchestrating a coordinated defamation campaign that damaged Trump’s reputation …
Whales are exiting one by one. How on earth is it a good idea to dump 80,000 BTC on the spot market? Why not use an OTC deal or break it up into several smaller trades? The slippage alone cost …
