Independent thinking for complex markets and current events
I couldn't have said it better. Wall Street got bailed out in 2008. Main Street got bailed out in 2019. The difference is one of us can and has implemented a revolution. 🎯 — Amor Avhad (@glass_it) July 4, 2026
Some stories make people stop and say: wait, what? The controversy around the Lincoln Memorial Reflecting Pool renovation was already getting attention after reports that parts of the project were showing problems shortly after completion, including algae returning and paint issues. Then another detail started circulating. A company connected to John Cafaro, a Trump donor …
SpaceX is reportedly securing major new Space Force contracts totaling $6.45B, reinforcing its deep government revenue base ahead of its IPO At the same time, reporting around the IPO highlights an unusual structure where roughly 78% of the expected ~$80B raise is already allocated to debt repayment, vendors, and insiders That leaves a relatively small …
Your taxpayer dollars at work. Eric Trump — the president's son — is on Maria Bartiromo's show bragging about one of his companies landing a $24 million Pentagon contract byu/nitluck inNeoNews
More corruption with Trump’s people getting rich. What else is new? Tricia McLaughlin, the mouthpiece of DHS, posted a private jet photo to her Instagram. It was recently revealed that her husband’s company won a subcontract on a non-competed $220M contract from DHS, in a deal described by experts as “corrupt” and “worthy of an …
It is sickening how much these crooks are getting paid! They need to go to jail! Thank you for bringing this to light!!! h/t MK
Germany isn’t reforming its pension system. It’s tearing it down. The plan to raise the retirement age to seventy-three isn’t a small policy tweak. It’s a public admission that the deal between the people and the state is over. Chancellor Friedrich Merz isn’t offering a future where people age with dignity. He’s offering a future …
The housing market is collapsing, and buyers are running for the exits. They don’t wait. They don’t negotiate. They cancel. They saw the foundation crumble and refused to stand on it. This isn’t a seasonal hiccup. It’s a total retreat, and the institutions that built the illusion are powerless to stop it. “58,000 home-purchase agreements …
“It’s a retail darling… I like Alex Karp, I like his politics, I like him as a person… But even if Palantir was the greatest company ever created and you slapped the highest possible multiple on it, the stock is still trading above that. It has gotten absurd.” https://www.benzinga.com/trading-ideas/short-ideas/25/08/47107749/gamestop-short-seller-andrew-left-is-taking-on-retail-investors-again-now-says-palantir-stock-is-beyond-overvalued “You cannot be a big data …
The Defense Department is quietly reshaping its AI strategy. Behind the scenes, officials are testing new systems to reduce reliance on outside vendors like Palantir Technologies. The shift comes despite Palantir’s recent $795 million contract boost for its Maven Smart System, which now totals $1.3 billion through 2029. That expansion was approved in May 2025, …
New data from the National Association of Realtors show a significant decline in pending sale contracts on the U.S. Housing Market. This is the biggest drop since 2022, and a signal that the U.S. Housing Market correction is gaining steam.
Rachel Maddow’s $25 million contract with MSNBC is about to be cancelled.
BREAKING: HHS Secretary RFK Jr. pauses a multimillion-dollar contract from the Biden administration to create a new COVID-19 vaccine. Via: Fox News pic.twitter.com/QxhdU9Jlv6 — Ian Jaeger (@IanJaeger29) February 26, 2025 FIRST ON FOX: Department of Health and Human Services Secretary Robert F. Kennedy Jr. has paused a multimillion-dollar contract from the Biden administration to create …
MUST WATCH: Brave woman CRUSHES San Dieguito Union High School District board over their decision to contract with TransFamily Support Services and teach transgender propaganda. pic.twitter.com/WwF2kNwHw1 — Libs of TikTok (@libsoftiktok) December 19, 2024
This market is close to breaking point. There is now so much leverage that futures-implied equity financing costs are at the same spread to SOFR as during the height of the GFC. And Japan is about to suck a couple hundred billion of levered balance sheet out of US money markets. And this is not …
Boeing and its machinists’ union have agreed on a new negotiated offer to raise worker pay and potentially end a crippling strike that began almost seven weeks ago with a vote on the new proposal set for Monday. The union urged workers to approve the contract. “In every negotiation and strike, there is a point …
Clarissa Rippee, a Contract Specialist working in the General Services Administration (GSA) blew the whistle and exposed a $347 million contract for transporting unaccompanied minors. “My line in the sand moment was when I found out that GSA had awarded a contract to a company to transport unaccompanied minors,” shared current General Services Administration (GSA) …
Manuel Adorni, Argentina’s Presidential Spokesperson, has revealed that the government will introduce a “suitability test” for 40,000 state employees on temporary contracts. Those who do not pass the test will not have their contracts renewed. This measure is part of a broader initiative to improve the professionalism and efficiency of the public sector. The test, …
The brand new 2024 RNC Trump Platform. Short and sweet. Trump's Contract with America. pic.twitter.com/9GxX2aOTrU — Citizen Free Press (@CitizenFreePres) July 8, 2024
The Department of Defense’s Chief Digital and Artificial Intelligence Office, or CDAO, leveraged its marketplace for fast-tracking the acquisition of innovative technologies to award Silicon Valley-based Palantir a contract to develop a data-sharing ecosystem — a tool that will help the Pentagon with its connect-everything initiative. CDAO announced last Thursday that the ecosystem — known as Open …
The California Highway Patrol and the Oakland Police Department have signed a contract to install nearly 500 cameras in Oakland and on nearby highways to help track vehicles suspected of involvement in crimes, Gov. Gavin Newsom’s office announced Friday. Under the contract with Flock Safety, the first cameras will be installed within the next 30 days, …
ALBANY, N.Y. (AP) — New York City will move to end its contract with a medical services company hired to house and care for a recent influx of international migrants, following scrutiny over the firm’s costly deal with the city and the quality of its humanitarian services. Mayor Eric Adams’ office on Tuesday said the …
(Reuters) -United Parcel Service said on Monday it will become the United States Postal Service’s (USPS) primary air cargo provider, as rival FedEx announced an end to its more than 20-year partnership with the postal service provider. USPS was the largest customer for FedEx’s air-based Express segment, even as payments declined after the postal service …
via oilprice: There are two key reasons why China, Russia, and the U.S. have long been scrambling to secure control over Iraq’s gas sector, and these are its massive potential size and its huge geopolitical importance. Last week’s awarding of the major build-own-operate-transfer contract to a subsidiary of Chinese flagship gas firm PetroChina to develop …
via wsws.org: UPS management is celebrating the new year with hundreds of job cuts. Day sort shifts are already being cut at the Centennial ground hub in Louisville and at the 81st street hub in Indianapolis. A day sort shift in Portland, Oregon was also briefly eliminated over the holidays before being reinstated. This is …
Source: https://www.cnbc.com/2023/07/12/disney-extends-ceo-bob-igers-contract-through-2026-two-years-longer-than-planned.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard As a non-shareholder, I just can’t help but cringe at Disney’s current situation. Everyone lauded Bob Iger until it became obvious all the guy knew was overpaying for existing IP. That style of “growth” blew up in his face with the recent Fox acquisition, and not having built up a strong successor. Flash forward …
‘A Canadian judge has ruled that the “thumbs-up” emoji is just as valid as a signature, arguing that courts need to adapt to the “new reality” of how people communicate as he ordered a farmer to pay C$82,000 ($61,442) for an unfulfilled contract. In a recent case the Court of King’s Bench in the province …
by Chris Black It is telling that the company that built the F-35 is run by people who believe the anus is a sex organ – they do not understand design! Defense giant Lockheed Martin at DC Pride march https://t.co/7KNaMT7qlm pic.twitter.com/kPAm3Hk3A3 — Timcast News (@TimcastNews) June 10, 2023 Happening now: DC Pride Parade begins led …
