SpaceX swings from $541 million Q2 loss to $4.4 billion Q3 net profit, revenue jumps 161% driven by Starlink and AI

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SpaceX reported Tuesday a net income of $4.4 billion for the quarter ended September 30, reversing a $541 million net loss in the prior quarter and a $1.1 billion loss a year earlier. Revenue rose 161% year-over-year to $14.58 billion, beating estimates of about $12.72 billion. The Super Intelligence (AI) segment brought in $7.6 billion—up … Read more

New regulations on tiny homes.

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Happy Tuesday, and welcome to another edition of Rent Free. This week, we’re going to jump right into it with a philosophical question: What is an accessory dwelling unit anyway? It’s a question that officials in Somerville, Massachusetts, are realizing they didn’t know the answer to after learning that a state law allowing ADUs in … Read more

SSA completes largest SSN cleanup in 91-year history, correcting ~50 million records. 9 million SSNs had inaccurate citizenship.

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SSA announced today it has corrected nearly 15% of active Social Security numbers—roughly 50 million out of 330 million U.S. citizen records and nearly 390 million total. The agency added 17 million missing dates of death using internal systems and State Department data, updated 25 million records missing citizenship information via DHS SAVE, and is … Read more

U.S. Federal Court takes up property tax equity lawsuit today after Supreme Court restricts surplus claims

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A federal district court accepted a constitutional lawsuit today challenging local property tax assessment and foreclosure practices, clearing the way for a potential federal jury trial. Property owners in the suit argue that local county tax foreclosures violated Fifth Amendment Takings Clause rights and Fourteenth Amendment due process standards by seizing home equity far exceeding … Read more

Trump announces the United States will have to WITHDRAW from European nations if they fall to the invasion and become anti-Western

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🚨 IT'S OFFICIAL: President Trump announces the United States will have to WITHDRAW from European nations if they fall to the invasion and become anti-Western "If they don't soon find their way, we will have no choice but to LEAVE." 🤯 "When we asked for help in Iran…we spend… pic.twitter.com/Plx59YTikm — Eric Daugherty (@EricLDaugh) October … Read more

Sudan drone strikes kill more than 150–200 in markets and gatherings over recent days

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A wave of drone attacks across Sudan killed more than 150–200 people in recent days, according to local officials, medics and monitoring groups. One strike near a market and transport hub in Al-Dibab, West Kordofan, killed around 80, with additional deaths among the wounded. A strike on Amiet Market in the disputed Abyei region was … Read more

Every humanoid robot needs up to 4.5 kilos of rare earth magnets to move. China makes more than 90% of the world’s supply.

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via oilprice Last year, China started requiring export licenses for rare earth magnets. Within weeks, Elon Musk was telling investors that production of Tesla’s Optimus robot had been affected. That’s because every humanoid robot needs up to 4.5 kilos of rare earth magnets to move, and China makes more than 90% of the world’s supply. … Read more

The Jones Act Got Waived. Puerto Rico Then Got More Mainland Propane Than in the Previous 22 Years Combined.

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The Jones Act got waived and Puerto Rico took in 800K+ barrels of mainland propane since March — more than the previous 22 years combined. The ships were there. Only permission was missing. Make it permanent.https://t.co/YGeGUKVxzv — Liberty.Win (@LibertyDotWin) October 19, 2026 The Jones Act is a 1920 law that says anything shipped between two … Read more

Credit Default Swaps for Oracle, Broadcom, and Nvidia continue to widen out, with Oracle at a 23% default probability, Nvidia at about 8%, and Broadcom at 12%. Data center deals are being postponed, pulled, or canceled.

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Credit Default Swaps for Oracle, Broadcom, and Nvidia continue to widen out, with Oracle at a 23% default probability, Nvidia at about 8%, and Broadcom at 12%. Which is pretty amazing, given these are among the largest companies in the world. pic.twitter.com/FUy1mH4T2n — Michael J. Kramer (@MichaelMOTTCM) October 19, 2026 Data Center Disasters: full list … Read more

Power cuts, flood chaos and hundreds of flights canceled as monster Nor’easter bears down on 40 million Americans

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A powerful nor’easter with 40 million Americans in its path has finally smashed into the East Coast on Friday night, knocking out power for more than 50,000 and partially suspending commuter trains. Strong winds have already hit the Tri-State area, with residents experiencing 40mph winds, with gusts up to 60mph. Areas like Long Island and … Read more

Stanford Economist WARNS: We’re Not Anywhere Near Prepared [VIDEO]

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Erik Brynjolfsson, director of Stanford’s Digital Economy Lab and co-author of The Second Machine Age, warns that AI is accelerating toward a massive economic disruption that society is nowhere near prepared for. New research using payroll records through June 2026 found that employment among workers aged 22 to 25 in highly AI-exposed occupations was 19% … Read more

Homebuyers are canceling contracts at a rate not seen since 2020 when COVID arrived

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Homebuyers are canceling contracts at a rate not seen since 2020 when COVID arrived: Price drops are next. pic.twitter.com/d884FbOGmk — QE Infinity (@StealthQE4) October 20, 2026 US homebuilder sentiment tumbles to near 14-1/2-year low in October WASHINGTON, Oct 19 (Reuters) – US homebuilder sentiment plunged to the lowest level in nearly 14-1/2 years in October … Read more

Trump is back on his self-righteous bullshit.

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🚨🇺🇲 Trump is back on his self-righteous bullshit. POTUS claims a pastor said only he could "lead us to a period of time in Christianity that nobody else can do." What, the apocalypse? Writer: Marie pic.twitter.com/tlxULM0OYT — Mario Nawfal (@MarioNawfal) October 20, 2026 🚨🇺🇲Trump is dangling a financial carrot in front of voters. Will they … Read more

No developed economy is printing as much as Canada is. Spending on housing and healthcare for asylum claimants is OUT OF CONTROL. Rates are surging as the Bank of Canada warns about sharply higher inflation.

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No developed economy is printing as much as Canada is. Canada doubles its monetary base roughly every 8 years. Other developed nations will play catch-up soon. No one owns enough hard assets pic.twitter.com/HbV8w1wlVN — Lukas Ekwueme (@ekwufinance) October 19, 2026 Canadian rates are surging as the Bank of Canada warns about sharply higher inflation. The … Read more

The great turmoil and bloodbath will start in Germany.

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Mobilization for the day of protest: Extremists want to bring the French riots to our country! The apocalyptic images of fires, looting, and destruction are also mobilizing left-wing extremists in Germany! They are already organizing a day of protest in nine German cities, intended to emulate the chaos and violence seen in neighboring countries. Calls … Read more