US GDP grows 3.4 percent in third quarter, September PCE inflation hits 3.6 percent

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BEA advance estimate today showed real GDP rising at a 3.4 percent annual rate in July-September, up from 2.2 percent in the second quarter. September PCE price index rose 0.5 percent month-over-month and 3.6 percent year-over-year; core PCE rose 0.3 percent and 3.1 percent. Personal spending increased 0.5 percent. Data arrived the day after the … Read more

Australia is probing the failed $5 billion AI data-center IPO

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Australia’s corporate regulator is examining the failed IPO of Firmus, an AI data-center operator that had planned a roughly $5 billion share sale. The regulator says it has engaged with the banks involved, although it has not formally launched an investigation. The offering ran into trouble amid questions around the company and its proposed valuation. … Read more

I am a long time admirer of Warren Buffett and personally I still struggle to understand why exactly he picked Greg Abel

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I am a long time admirer of Warren Buffett and personally I still struggle to understand why exactly he picked Greg Abel pic.twitter.com/zCHDgrxzRy — JustDario (@DarioCpx) October 29, 2026 This is interesting… Warren Buffett’s Berkshire Hathaway ($BRK) invested $10 BILLION in Alphabet ($GOOGL) at ~$350 in June 2026. Today, shares trade at just $293. That’s … Read more

This is a winning message: House Democrats introduce resolution to ban taxpayer-funded bailouts for AI companies if the industry faces a financial collapse.

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House Democrats introduced a resolution Wednesday calling on Congress to withhold support for artificial intelligence (AI) companies if they go bankrupt as polling shows Americans largely oppose AI development on the eve of the midterm elections The simple House resolution states that Congress would oppose any measure that would rescue insolvent AI-related firms or shield … Read more

What makes people feel the happiest?

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What makes people feel the happiest? 🇺🇸 USA: Having sex🇬🇧 UK: Having sex🇪🇸 Spain: Having sex🇩🇪 Germany: Hugging someone🇫🇷 France: Having sex🇨🇳 China: Having sex🇰🇷 South Korea: Having sex🇹🇼 Taiwan: Spending time with someone they love🇯🇵 Japan: Eating delicious food.… pic.twitter.com/sjSgrJJonh — NyanChuu🔮🇯🇵🍭 (@tanpukunokami) October 29, 2026

Imagine being so shallow, your identity is hating a politician. Take away Trump and they have nothing left. Sad!

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It’s always “he stole ten years” instead of “I wasted ten years”. Imagine being so shallow, your identity is hating a politician. Take away Trump and they have nothing left. Sad! — I-XPLORE (@i__xplore) October 29, 2026 What a true loser. TDS to the max. pic.twitter.com/CUfn5JesCO — John Smith (@JohnSmi17886810) October 29, 2026

Investors don’t want AI bonds.

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AI financing has been harder and more expensive to come by as the capital-spending boom comes under more scrutiny A humanoid robot by DOBOT makes a heart shape with it’s hands at trade fair in Sept 2026 in Berlin. Pressures on Wall Street around financing the artificial-intelligence build-out have investors on edge, especially as the … Read more

Christine Lagarde just resigned. Leaving the ship early just like she did with the IMF (Just before the loans she made to Argentina blew up)

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Leaving the ship early just like she did with the IMF (Just before the loans she made to Argentina blew up)A bad portent for the ECB and the Euro area. #Lagardehttps://t.co/n16sf199Pa https://t.co/szApiQtgqc — Shaun Richards (@notayesmansecon) October 29, 2026 The Bank of England will not be happy..Net borrowing of mortgage debt by individuals decreased to … Read more

Video of Bolsonaro and family arriving.

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Defeated Brazilian presidential candidate Flávio Bolsonaro and his family landed in Miami on Wednesday after fleeing Brazil. READ MORE HERE: https://www.local10.com/news/world/2026/10/28/flavio-bolsonaro-flees-brazil-through-argentina-and-is-expected-to-land-in-miami/

FAA says there’s a “nuclear incident” in South Carolina.

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The NOTAM: pic.twitter.com/QsUbqhBItM — Hunterbrook (@hntrbrkmedia) October 29, 2026 The Savannah River Site, via WRDW, reports that the incident was a fire in a single room at Savannah River National Laboratory, and there was “an unfiltered ground-level radiological release.” There is no indication of contamination beyond the site’s boundaries.… — Hunterbrook (@hntrbrkmedia) October 29, 2026 … Read more

JPMorgan, Coca-Cola and AMD reject tokenized stock trading plan backed by NYSE’s parent company

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JPMorgan Chase, Coca-Cola, AMD and 4 other companies objected today to having their shares included on a proposed blockchain-based trading platform run by OKX and Intercontinental Exchange, the parent of the New York Stock Exchange. The objections bring the total to 33 companies. On October 4, OKXICE had proposed round-the-clock trading in 62 U.S.-listed stocks, … Read more

Around-the-world cruise ship folds in Cambodia due to runaway fuel costs

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The operator of the residential cruise ship MV Odyssey suspended its three-year global voyage today, ordering over 200 passengers off the vessel at a port in Cambodia after monthly fuel costs surged past $8,000 per cabin. The sudden stranded-passenger crisis caps months of trouble for the voyage, which originally suffered a four-month delay on August … Read more

While they aren’t the same, both have obscene amounts of sugar.

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The difference between PEPSI and COCA-COLA that most Americans don't know about: 🔵 PEPSI ORIGINAL • Contains 41 grams of sugar per 12 oz can.• Has 150 calories per can.• Contains 38 mg of caffeine.• Uses high-fructose corn syrup and sugar as sweeteners. 🔴 COCA-COLA… — Antonio Amorós (@nToniDoctor) October 28, 2026 Most people assume … Read more

Southern California home sales hit second-slowest 12-month pace on record through July after three years of freeze that outpaces Great Recession lows

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Southern California home buying crashes to second-slowest pace on record through July, 3 percent under the worst Great Recession monthsLansner analysis of revised Attom numbers out October 27 put closed sales across six counties 33 percent below the average pace since 2005 for the 12 months ending July. Only May 2026 ran slower. Seventeen of … Read more

Europe gas tops €100 as Qatar LNG deliveries are suspended and storage falls to 75%

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European natural gas prices crossed €100 per megawatt-hour today for the first time since December 2022, up more than 250% this year. QatarEnergy extended its suspension of LNG deliveries to Italy’s Edison through December, while EU gas storage sat at just 75% on October 21, below last year’s level. On October 12, Reuters warned that … Read more