Breaking news, updates, and reports on current events.
Former Meta employees launch lawsuit, accuse company of using AI to identify and recommended lay-offs A peculiar new problem facing workers has emerged, as dozens of current and former Meta employees launch a landmark lawsuit against the Mark Zuckerberg-owned tech behemoth. For years, the primary issue surrounding artificial intelligence was the eventual replacement of workers. … Read more
Source: https://x.com/KobeissiLetter/status/2077208206879682629/photo/1 Past boom comparisons prove current levels extreme and tied to capacity destruction not temporary demand spike.
Cash at 3.6% near 13 year lows after dropping another half point shows institutions fully committed with almost no dry powder left for dips. Institutional investors are rushing into US stocks: Global managers’ cash allocation has declined -0.5 percentage points month-over-month, to 3.6%, near the lowest in 13 years, according to a BofA survey of … Read more
"whoops" – Trump, again https://t.co/RAExiagLBO — Josh Young (@JoshYoung) July 11, 2026
Everything is telling investors to stay optimistic. Inflation is cooling. The Fed has more room. Stocks are holding up. Risk appetite is still alive. But then you look at the positioning. Something doesn’t match. It’s like someone tells you: “Don’t worry, this is a safe neighborhood.” Then hands you a gun. “Just in case.” That … Read more
Everyone keeps talking about AI creating deflation. Cheaper software. Higher productivity. Lower costs. But the first real-world bill from the AI boom may be showing up somewhere else. The hardware people use every day. Apple raised prices across multiple products on June 25, 2026 after months of warnings that memory costs were becoming impossible to … Read more
Trump's border czar Tom Homan admits several ICE officers in Minnesota are under criminal investigation pic.twitter.com/VJej1H4gcE — FactPost (@factpostnews) July 15, 2026 JUST IN: Trump officially overturns ICE’s suspension of traffic stops one day after the directive was issued. — Polymarket (@Polymarket) July 15, 2026
The craziest part about U.S. healthcare is not just the price. It is how much of the money goes into running the machine itself. America spends $5.3 trillion a year on healthcare. And roughly 25% to 34% of that spending goes toward administration. That means more than $1 trillion is tied up in billing, paperwork, … Read more
Buffett cutting off the Gates money after Epstein stuff comes out feels like long overdue move. People see the distasteful ties and wonder why it took this long. Directing to his own kids foundations means control stays in family not outside groups. The billions already given raise questions on where it all went. Warren Buffett … Read more
Chamath hits it right that we get to talk actual numbers now instead of pronoun lists and theater. The change from identity stuff to real work feels better for everyone. Sorkin getting called on his framing shows the old game. This exchange proves how off track things were before and why straight talk wins. People … Read more
Extreme volatility in semis signals the AI memory hype cycle is facing real pushback. Demand softening in smartphones and analyst caution on names like SanDisk point to potential price and margin pressure ahead. Put walls and failed breakouts in names like ASML show technical weakness even as broader market holds. This sector rotation could create … Read more
The Senate didn’t just stumble over another spending bill. It stalled a $1.15 trillion National Defense Authorization Act. The vote failed 50 to 46. It needed 60 votes just to begin debate. That almost never happens. The NDAA has been one of Congress’s most reliable bipartisan bills for decades. This time was different. The obvious … Read more
This is peak narcissism while the country deals with inflation wars and real problems. People are sick of everything revolving around one man ego instead of fixing economy. Defacing bills or switching to digital becomes tempting when government turns currency into propaganda. Silver stackers laugh it off as more proof fiat is clown world and … Read more
S&P 500 traded near flatline while Nasdaq and Dow showed small moves. Chip stocks dropped hard with Micron down 9 percent and others like Lam Research AMD Intel lower. Big Tech names such as Amazon Apple Microsoft Alphabet rose around 3 percent. PPI unexpectedly declined 0.3 percent in June beating expectations for flat reading. BlackRock … Read more
For months, investors have been waiting for one thing. Proof that inflation is finally cooling. They got it today. Wholesale prices unexpectedly fell 0.3% in June. At first glance, this looks like exactly what the market wanted. Lower inflation. More room for rate cuts. A softer landing. Stocks like it. Bonds like it. Everyone gets … Read more
We just had another helicopter buzz the property. This time it decided to drop in closer than ever. I could clearly see the pilots looking back at me. There was no wave or smile. Just a cold stare as they crept pass the house at a very slow pace. This is not the first time … Read more
Korean retail got absolutely torched with forced liquidations everywhere. Buy the dip they said while brokers sold everything no matter the price. The leveraged ETF pile in turned into a bloodbath as decay and margin calls fed on each other. Now hundreds of thousands are wiped out owing money on top. Classic degen move that … Read more
People are tired of dark evenings after work with no time for kids yard or fun and permanent DST fixes that perfectly. Morning darkness is manageable but losing light at 4pm in winter is depressing and pointless. Health experts can talk circadian all day but real families want usable daylight when they are actually awake … Read more
Remember when PayPal was one of the hottest companies on Wall Street? Its market value topped $300 billion. It looked untouchable. Now Stripe and Advent are offering about $53 billion to buy the whole company. That’s the part that grabbed my attention. PayPal didn’t disappear. Hundreds of millions of people still use it. It still … Read more
The market dancing flat while actual war infrastructure gets hit and the worlds biggest oil chokepoint faces renewed threats shows how detached pricing has become from facts on the ground. People expected big moves but the lack of reaction proves the system is prioritizing narrative over reality. This exact pattern has been building for months … Read more
By Peter Reagan Retirement planning has a cruel little habit: The expenses that are hardest to predict are often the ones we have the least power to avoid. A vacation can be postponed. A new car can wait another year. You can eat out less often or skip the kitchen remodel. A necessary prescription, medical … Read more
NEW – Trump gives military orders, that if Iran assassinates him, to "just literally bomb them at levels that they’ve never seen before." — NYP — Disclose.tv (@disclosetv) July 10, 2026 Trump tells The Post he's 'left instructions' should Iran succeed in assassinating him: 'Number 1' target https://t.co/EPjQubEJYx pic.twitter.com/hEEg8enWgW — New York Post (@nypost) July … Read more
This is almost impossible, but it actually happened. A Malta Air Boeing 737-800 operating Ryanair flight FR1879 from Thessaloniki to Memmingen returned safely to Greece after a cabin window shattered during the climb through FL150, triggering a cabin decompression and the deployment of passenger oxygen masks. According to reports, a 61-year-old passenger seated next to … Read more
IRGC leaders keep dropping and Iran looks weaker every week. Kurds smell blood and prepare to move in. This war is far from over. US and Israel keep pressure high while avoiding full occupation trap. AC
