Federal Reserve governor Christopher Waller said he supports another quarter-point cut in a key U.S. interest rate in December to help boost an ailing U.S. labor market — and he doubts that he’ll change his mind.
Morgan Stanley analysts are getting worried about potential profit pressure at Dell and HP due to surging memory prices.
Judge Says 'Government Misconduct' By DOJ Prosecutor May Have Tainted Comey Case A federal magistrate judge on Monday said that "government misconduct" may have tainted the DOJ's case against former FBI Director James Comey, and has ordered prosecutors to turn over records of secret grand jury proceedings to Comey's defense counsel as they seek to dismiss the false-statement and obstruction-of-Congress charges pending against him in a federal court in Alexandria, Virginia."The Court r
The FCC has moved to loosen restrictions on local TV ownership, and remove caps on how many TV stations one company can own, which could pave the way for a Sinclair-Scripps merger
“This is not a money grab on our part.”
"People Love It": Trump Talking To Dems About 'Direct Payment' Health Care Plans President Donald Trump on Sunday said that he's spoken with congressional Democrats about a plan to hand people cash that they can use to purchase their own health insurance. President Donald Trump speaks to members of the media aboard Air Force One as he departs for Florida from Joint Base Andrews, Md., on Oct. 31, 2025. Elizabeth Frantz/Reuters"I’ve had personal talks with some Democrats," Trump told re
EBITDA And The Warnings Of Charlie Munger Authored by Lance Roberts via RealInvestmentAdvice.com,This past week, Greg Feirman wrote an interesting article about “The Perils Of Adjusted EBITDA.” Before we get into his discussion, let’s discuss what EBITDA is.EBITDA is an acronym that stands for “Earnings Before Interest, Taxes, Depreciation, and Amortization.” Over the years, EBITDA has become a go-to metric for evaluating corporate performance as it offers a simple way to assess a com
One analyst notes that Sandisk’s rapid growth this year has made it an “elephant” in the S&P’s small-cap index. That could drive its promotion to the big leagues.
While Strategy’s stock has fallen a lot more than bitcoin, since bitcoin peaked in early October, the correlation between the two has actually increased.
Still No Deal: Rare Earth Talks Between China And U.S. Drag On With Little Tangible Progress So Far The US and China are still hashing out the details of how Beijing will loosen rare-earth export restrictions, weeks after a trade truce that Washington said would boost shipments, according to Bloomberg. In other words, there's still no rare earth mineral trade deal, despite the "truce" between the two countries. Negotiators have until the end of November to finalize terms for “general
Cooling Labor Market Drives Uptick In Gig-Platform Hours We haven't heard much in corporate media about short-term, flexible, on-demand work, otherwise known as the gig economy, but a new Goldman note offers color into what's happening with these part-time jobs as the labor market cools.Let's take a look at the news cycle for mentions of "gig economy." Notice how the topic surged in the early days of the Covid pandemic, when it became all the rage as people lost their jobs due to gove
Trump Offers Lifeline To UK 'Thought Criminals' Authored by Steve Watson via Modernity.news,The Trump White House is mulling political asylum for British free speech activists branded “thought criminals” under Keir Starmer’s regime, in one example offering refugee status to those prosecuted for silent protests outside abortion clinics as well as expressing online dissent.The transatlantic intervention, said to be largely influenced by Elon Musk continually pointing to cases of the UK
Stocks Slide After Amazon Shocks With Another Massive Bond Offering, But Rebound On News Boaz Weinsten Selling Hyperscaler CDS Just when it seemed that risk was about to stabilize, this morning Amazon decided to add more supply to the biggest trade of 2026 - which, as BofA's Michael Hartnett, laid out over the weekend is shorting hyperscaler bonds - when it announced that it was planning to raise about $12 billion through a bond sale - its first such deal in US dollars in about three
Why bitcoin is in a bear market and why it may go lower. And why I’m still buying it for my grandkids.
Duffy Averts Nationwide Airport Crisis As "Normal Flight Operations Resume" The 43-day federal government shutdown that plunged major US airports into chaos is finally easing, with operations normalizing just in time for the year's busiest holiday travel period."The FAA has determined that normal flight operations can resume after multiple days of positive staffing with air traffic controllers in our towers," Transportation Secretary Sean Duffy revealed on X late Sunday night. Duffy
150 Years Of Data Destroy Democrat Dogma On Tariffs: Fed Study Finds They Lower, Not Raise, Inflation A new historical analysis is challenging the central premise that has guided trade policy, inflation forecasting, and Federal Reserve decision-making for decades. According to the study from the Federal Reserve Bank of San Francisco spanning 150 years of tariff changes across three major Western economies, higher tariffs consistently lower inflation and raise unemployment - directly c
Key Events This Week: Macro Returns With Payrolls Thursday, FOMC Minutes And Speakers Galore, But Nvidia Earnings Matters Most After the resolution of the US government shutdown, markets face a packed calendar of delayed and scheduled releases this week, although maybe the most important event will be Nvidia’s earnings after the closing bell on Wednesday.According to DB's Jim Reid, one of the most interesting developments last week in the world of tech was the widening out of AI relat
A Very Important Week For Consumer Stocks Goldman's top sector specialist, Scott Feiler, offers four thoughts on the consumer ahead of what he calls a "very important week" for the space.Feiler said that consumer stocks finally showed signs of life last week, helped by a few solid earnings beats, but the improvement was mostly based on market rotation as AI names dumped for three consecutive days.He said the next round of consumer earnings, from now till Thanksgiving, should look bet
US Home Builders Offer 'Elevated' Incentives Amid Affordability Challenges Authored by Mary Prenon via The Epoch Times (emphasis ours),Faced with affordability constraints and cautious demand, and with abundant land in states such as Arizona, Utah, Texas, and Florida, many developers are offering enticing incentives to potential homebuyers.A model of a new single-family home at The Ridge at Stone Butte in Phoenix, Arizona. Courtesy of RE/MAX Signature in PhoenixA recent Redfin report
The stock-market trades that former Federal Reserve Gov. Adriana Kugler made while serving on the central bank’s board violated policy. At least one buy and sale was very profitable.