Independent thinking for complex markets and current events
via Gail Heriot: *Assembly Bill 7 would allow state colleges and universities to give preferential treatment in admissions to the descendants of American slavery. *Assembly Bill 57 would make possible “home purchase assistance” for the descendants of American slaves (if at some point a Bureau for the Descendants of American Slavery is established (see Senate Bill 518), which …
The Trump administration’s drive to slash and overhaul the government, led by Elon Musk, has already led to tens of thousands of departures. Federal agencies are facing a deadline on Monday to present their plans for another round of mass firings, the next step in the Trump administration’s drive to shrink the government that figures …
IT’S COME TO THIS: As Concert Ticket Prices Soar, More Than Half of Coachella GA Attendees Are Buying Tickets Through Payment Plans. Tens of thousands of music fans will descend on the California desert this weekend for the first of two iterations of the Coachella Music and Arts festival outside of Palm Springs, Calif. Approximately 80,000 …
DONALD Trump is reportedly planning to splash a whopping $100 million on a huge military parade that will snake through the streets of Washington DC on his birthday. For years, the president is said to have had his eyes on a full-blown military show displaying the US might, but has failed to put up a …
SALT LAKE CITY — Health Secretary Robert F. Kennedy Jr. on Monday said he plans to tell the Centers for Disease Control and Prevention soon to stop recommending fluoridation in communities nationwide, adding that he’s assembling a task force to focus on the issue. Also on Monday, the Environmental Protection Agency announced it is reviewing …
One more time… I see war plans every single day. No one is texting war plans. pic.twitter.com/ujU7IvHGmL — Secretary of War Pete Hegseth (@SecWar) March 26, 2025
Donald Trump is considering relinquishing its leadership of Nato after insisting that European allies take more responsibility for the security of the continent, the Mail can reveal. The US has held its leadership position since the founding of the defence alliance in the aftermath of World War Two. Since then, the Supreme Allied Commander Europe …
via notayesmanseconomics The start of the second Presidential term of Donald Trump has seen quite a few policy changes. But there is one area where things are looking rather familiar so let us take a look. Here is the Financial Times from earlier. The US House of Representatives has passed a budget blueprint that calls …
pic.twitter.com/35agzAGDk1 — Flow-Rida (@Phenominalee) January 21, 2025
One of the most heinous crimes in the eyes of district attorneys could soon carry a stiffer penalty, as a Fayette County lawmaker proposes the death penalty for child rapists. In Pennsylvania, child sex crimes are some of the most serious cases for law enforcement officials. “For me, outside of homicide where a life is …
The IRS has issued a notice reminding retirees aged 73 and older to take required withdrawals from retirement accounts before a Dec. 31 deadline or face the prospect of hefty penalties. The agency said in a Dec. 10 notice that required minimum distributions (RMDs) must be taken annually from traditional IRAs, 401(k)s, and other retirement …
JetBlue has cut scores of routes across the US, including several flights from New York’s John F. Kennedy airport to other major American cities. The budget airline is axing flights from JFK to Austin, Houston, Miami and Milwaukee. It is also cutting routes from Westchester, New York, to Charleston, South Carolina, and between Jacksonville and …
The notice from the homeowners association blamed rising costs of labor, supplies, and insurance, among others, the outlet reported. The condo’s property insurance apparently rose from $17,000 to $108,000 after its prior policy was canceled following a fire. “I do think it is pretty ridiculous that we all have to pay for that one incident,” …
An official plan for what to do if space weather hits New Zealand, and damages critical power and communications infrastructure, has been unveiled by the National Emergency Management Agency (NEMA). Space weather refers to events beyond Earth’s atmosphere. The primary source is the sun, with disturbances coming in the form of solar flares, coronal mass …
Joe Biden discussed pardoning his son Hunter 6 months ago while he was publicly claiming he would not issue Hunter a pardon or commute his sentences. On Sunday, outgoing White House resident Joe Biden issued a full and unconditional pardon to his son, Hunter Biden, absolving him of any federal crimes committed between 2014 and …
"I’ve never wished to create a dynasty" – Warren Buffett pic.twitter.com/mlZ7jmWzpp — Evan (@StockMKTNewz) November 26, 2024 Here's an AI summary of Warren Buffett's thoughts from Grok @elonmusk pic.twitter.com/9FK7e9qAOW — Evan (@StockMKTNewz) November 26, 2024
President-elect Donald Trump plans to fire the entire team that worked with special counsel Jack Smith to pursue two federal prosecutions against the former president, including career attorneys typically protected from political retribution, according to two individuals close to Trump’s transition. Trump is also planning to assemble investigative teams within the Justice Department to hunt …
Sotheby’s auctioned the artwork by Maurizio Cattelan on Wednesday; Piece sold to Justin Sun, founder of cryptocurrency platform Tron, who plans to eat it https://www.wsj.com/arts-culture/sotheby-s-auction-banana-duct-tape-maurizio-cattelan-justin-sun-art-basel-miami-02231817 When a banana duct-taped to a wall sold for $120,000 in 2019, social media uproar and an age-old debate about the meaning of art ensued. But artist Maurizio Cattelan’s viral …
America’s most famous fast-food fan may be an unlikely candidate to make America healthy again, but Donald Trump seems willing to tackle the eating habits that have led to skyrocketing rates of obesity. The junk food industry is not lovin’ it. RealClearInvestigations has learned that representatives of companies that make snack foods, sugary beverages, and …
Nov 14 (Reuters) – The U.S. Federal Trade Commission is preparing to launch an investigation into anti-competitive practices at Microsoft’s (MSFT.O), opens new tab cloud computing business, sources familiar with the matter told Reuters on Thursday. The agency is examining allegations that the software giant is potentially abusing its market power in productivity software by …
ELON: MANY PEOPLE IN THE GOVERNMENT COULD BE MORE PRODUCTIVE ELSEWHERE “We will reduce a lot of government headcount, but we’re going to give very long severances. Like two years, or something like that. Look, just go do something else is what we’re going to say. And you’ll get paid for two years. So, you’ve …
The New York Stock Exchange (NYSE) has announced plans to extend trading hours on its NYSE Arca electronic exchange to 22 hours a day, running from 1:30 a.m. to 11:30 p.m. ET on weekdays, pending regulatory approval. This extension is designed to accommodate the increasing demand from both retail and institutional investors worldwide. The NYSE …
Donald Trump plans to ban diversity initiatives on his first day in office if he wins the presidential election, according to reports. The Republican is planning to outlaw DEI (diversity, equity and inclusion) initiatives as part of a flurry of executive orders that his allies have already drafted, according to the Wall Street Journal. He …
Food prices have been declining for the last 12 months and lowering inflation. But, if food prices turn, that could significantly impact all economic factors related to inflation, like the FED’s lowering interest rates plan. We check the food price charts and see that food prices could mix up a lot of plan in the …
“Stellar NFIB Sep report showing an economy steaming ahead at full throttle. Max uncertainty – highest on record, higher than during COVID Ease of hiring – Sep major easing vs August completely at odds with NFP – As easy as Dec 19 (Smalls are largest private employers in US) % planning capex spend down 5 …
by Mike Maharrey Russia reportedly plans to add silver and boost its gold, platinum, and palladium holdings in its state fund next year. This would be the first time Russia has held silver in its state fund. According to an Interfax report, the 2025 budget calls for an allocation of 51.5 billion rubles to buy precious metals …
Just about everyone has a view on China’s economic troubles. Its deepening property crisis, deflationary currents, and increasing protests are all Asia observers can talk about. Yet one very important voice is barely saying a word about the state of Asia’s biggest economy: President Xi Jinping. This is true both rhetorically and by way of …
According to Reuters reports, Intel’s CEO Pat Gelsinger and other key executives are to present their plan to trim Intel’s fat and course-correct the company. The meeting will focus on removing assets and reducing costs, with items of discussion apparently including Intel’s upcoming Magdeburg, Germany fab and its ownership of Altera. Intel announced a $1.6 …
🚨Update: Biden Administration plans on starting the war with Iran and taking Tehran! The US Flag will be raised over the Iranian capital….. they want the war to start BEFORE Trump takes office, so he can’t stop it!! pic.twitter.com/cqQhl5kbXG — US Homeland Security News (@defense_civil25) August 30, 2024 Looks like the U.S is pushing Ukraine …
