A hub for independent voices and hard truths
Earnings beat but everything else is collapsing now. Why would people buy houses when AI is replacing their jobs. Here are the numbers for $SPY earnings +27.8% vs +13.9% est. Big tech is absolutely smashing analyst estimates pic.twitter.com/J2ytNQYuqr — Simplifying …
Warren Buffett said Tuesday that he has not spoken to Microsoft founder Bill Gates “since the whole thing” with the Jeffrey Epstein files “was unveiled.” “I haven’t talked to him at all since the whole thing was unveiled,” Buffett told …
BREAKING: DDR5 memory prices crash up to 30% after Google unveiled TurboQuant. Google TurboQuant cuts AI memory usage to 1/6, raising concerns about memory demand. Memory prices are up 106% since 2024 lows, but are now falling. 32GB DDR5 on …
Trump is escalating pressure on Iran and using oil prices as leverage If no ceasefire happens, the U.S. and Israel could target Iran’s energy infrastructure, including oil wells, power plants, and Kharg Island. That’s the core of Iran’s economy. At …
Moscow proposed a quid pro quo to the U.S. under which the Kremlin would stop sharing intelligence information with Iran, such as the precise coordinates of U.S. military assets in the Middle East, if Washington ceased supplying Ukraine with intel …
This is what Bari Weiss will be remembered for destroying the legacy of CBS News. Today CBS News announced it will cut 15% of its staff. This is as Weiss was paid $150 million by David Ellison to carry out …
HSBC layoffs soon? Wall Street giant may slash 20,000 roles amid AI-led overhaul, says reporthttps://t.co/5gTwVV9Vdz — Mint (@livemint) March 19, 2026 Fears of an AI-driven jobs cull on Wall Street are intensifying after banking giant HSBC revealed it is weighing …
Let me be very clear! An oil spike in a weakening economy is not inflationary – it is contractionary! The FED is extremely misguided if they are going to treat a Supply-Driven Oil-spike as an inflationary trigger. FED needs to …
Something strange is happening across the American economy right now. Not one single dramatic collapse. Not one headline catastrophe. Instead, pressure is building in several completely different corners of the system at the exact same time. Transportation. Consumer debt. Labor …
House Republicans discussed plans for a second party-line megabill during their policy retreat in Florida this past week, and now GOP senators want in on the action. Sen. Joni Ernst (R-Iowa), in her capacity as head of the Senate DOGE …
Saudi Arabia has started reducing oil production as the near-blockage of the critical Strait of Hormuz starts filling storage tanks, according to a person familiar with the matter, even as it rushes to reroute some supplies through the Red Sea. …
Capital One Financial is cutting more jobs at Discover’s Chicago-area headquarters, the bank told Illinois this week. A notification on a state layoff webpage indicates 1,075 people will be let go in May, and another 81 on June 1. The …
Morgan Stanley is slashing about 3% of its global workforce — roughly 2,500 jobs — across its key divisions, as the Wall Street giant realigns priorities amid a banner year for profits, sources familiar with the matter have told The …
IRAN CONFLICT MAY DELAY FED RATE CUTS Janet Yellen says the Iran conflict is likely to slow U.S. growth and push inflation higher, making the Federal Reserve more cautious on cutting rates. Rising oil prices—especially if disruption in the Strait …
RFK Jr. suggests Americans can more easily afford groceries if they start eating liver instead of beef: "Most of the cheap cuts of meat are very inexpensive. … You can buy liver or the cheap cuts." pic.twitter.com/ctP76E6SDh — FactPost (@factpostnews) …
The Washington Post lost more than $100 million last year, according to a Wall Street Journal report, a substantial shortfall that led the paper to lay off a third of the company earlier this month. The Post’s leaders had been …
Macro vulnerability increasing ahead of automation wave. The consumer most exposed to AI displacement already has no financial runway. Before a single layoff announcement, 401k hardship withdrawals are 365% above baseline. Emergency savings at a 15-year low. Credit card delinquency …
Hence the spending and deficits are congress’s albatross, not POTUS.They own them and they’ll continue to be outrageous from administration to administration because no one in congress will ever force spending cuts or even reasonable spending control. — Dave (@RVA_dave) …
“The Congressional Budget Office says to be prepared for Social Security check payments to be reduced in 6 years due to low funds “It’ll be an immediate 7% payment cut in 2032, and then an average 28% benefit drop from …
The housing affordability crisis is forcing homebuilders to do something they’ve almost never done: slash prices on new homes more aggressively than homeowners are for their homes on the market. This is a first for the housing market in recent …
by Michael Do you remember the endless barrage of layoffs and store closings that we experienced during the Great Recession? Well, it is starting to happen again. All over the country, large employers are bringing down the axe really hard. …
Layoffs over the last year: • UPS: 48,000 • Amazon: 32000 • Intel: 27,159 • Microsoft: 15,387 • Nestle: 16000 • Verizon: 15000 • Google: 12000 • Chevron: 8000 • Paramount: 7000 • Walmart: 7000 • Procter & Gamble: 7000 …
India Set to Slash Car Import Tariffs Under EU Deal, Rates Dropping from 110% to 40%** Limited to vehicles over €15,000 with gradual decrease to 10%. — Special Situations 🌐 Research Newsletter (Jay) (@SpecialSitsNews) January 25, 2026 India plans to …
Amazon is planning a second round of job cuts next week as part of its broader goal of trimming about 30,000 corporate workers, according to two people familiar with the matter. The company in October cut about 14,000 white-collar jobs, …
US layoffs have reached recessionary levels, with employers announcing 1.21 million job cuts in 2025, up 58% YoY—the highest since the 2020 crisis. — First Squawk (@FirstSquawk) January 22, 2026 Challenger report confirms: 1,206,374 layoffs in 2025 Up 58% from …
So by voting for Democrats, you are voting for waste, fraud and abuse. https://t.co/DTquhS4ZKi — Bill Ackman (@BillAckman) January 18, 2026
When did disagreeing with federal health policy become grounds for punishment? Federal judge orders reinstatement of AAP funding that supports child health programs A federal court has ordered the U.S. Department of Health and Human Services (HHS) to restore nearly …
For a year, Wall Street’s dominant theme has been the so-called K-shaped economy, in which the well-to-do have powered financial activity despite lower earners’ struggles. This week, the nation’s largest banks reported a broadly disappointing set of quarterly earnings, marking …
🚨 JUST IN: President Trump CUTS OFF oil and money to CUBA, tells the Cuban regime, “make a deal, BEFORE IT IS TOO LATE” They are about to FAFO 🔥🔥 “Cuba lived, for many years, on large amounts of OIL …
