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Whether you work in an office or from home, you’re likely familiar with the after-lunch slump that makes you reach for another coffee or a soda. If you’ve front-loaded a lot of caffeine in the morning, this is typically the time you would feel a crash. Eating a large meal or not drinking enough water … Read more
SAN JUAN, Puerto Rico (AP) — Puerto Rico announced water rationing measures on Thursday as a drought grips the U.S. territory, worsening chronic water shortages that have forced the governor to declare a state of emergency. Thousands of people in the island’s northeast region face 48- hour rationing periods from Friday, said Luis González, executive … Read more
Liked this: Consumer confidence has NEVER been this low in history yet stocks sit at all time highs: pic.twitter.com/baqNwmWTrl — QE Infinity (@StealthQE4) August 7, 2026 More Americans are having to move back in with their parents because of the cost of living crisis A record 25.2 million adults under 35 are now living with … Read more
This article first appeared on GuruFocus. Federal Reserve Chair Kevin Warsh is reportedly prepared to raise interest rates in September if incoming inflation data runs hot, putting investors on notice that the central bank’s next move could be another increase rather than the cuts previously demanded by President Donald Trump. The prospect threatens rate-sensitive stocks, bonds and housing … Read more
Payrolls dropped 23,000 in July against expectations of an 80,000 gain. June revised down to 20,000 and May cut by 66,000. Unemployment rate fell to 4.1 percent. Labor force participation sank to 61.4 percent, lowest in over five years. Average hourly earnings rose just 2 cents. Local government education lost 50,000 jobs and retail lost … Read more
*ALPHABET SEEKS TO RAISE AS MUCH AS $25 BILLION FROM BOND SALE Exactly how much AMZN raised one month ago GOOGL also raised more than $30BN in debt in Feb and $25BN in Nov GOOGL funding all of its capex with debt — zerohedge (@zerohedge) August 6, 2026 Alphabet raised $25 billion in a 10-part … Read more
The AI Tax and Work Protection Act, championed by Reps. Greg Casar (Texas), Valerie Foushee (N.C.) and Sara Jacobs (Calif.), would impose a levy on AI developers to fund the program, which is dubbed the Work Protection Administration. The bill comes amid a growing push from progressive lawmakers on Capitol Hill to tax AI companies. Sen. Bernie Sanders (I-Vt.) introduced a similar bill in June, the … Read more
🚨 BREAKING: President Trump just signed two MAJOR executive orders DISQUALIFYING large amount of illegals from receiving birthright citizenship, using the Supreme Court's own ruling "That includes, for example, alien enemies of the United States, members of foreign terrorist… pic.twitter.com/HJVIl902ET — Nick Sortor (@nicksortor) August 6, 2026 President Trump signed two executive orders on August … Read more
John Solomon reported on War Room that Tom Cotton now says the Senate will vote to send the John Brennan transcript to the DOJ. Cotton had just denied claims he was blocking it to protect Marco Rubio and blamed DOJ and White House delays instead. The transcript is the closed-door one Joe DiGenova’s team wants … Read more
by Michael Everyone has been waiting to see what Iran’s plan for the Strait of Hormuz was going to look like, and now we know. President Trump and his team were hoping that the Iranians would agree to allow commercial vessels to freely travel through the Strait of Hormuz, but that was never going to … Read more
President Trump chases down a small child on stage. pic.twitter.com/Ki3rjHT7ut — Acyn (@Acyn) August 5, 2026
Donald Trump is demanding jail for the ‘leakers’ who exposed his furious clash with Pete Hegseth over hidden missile shortages. Confronted over why the President was kept in the dark, the secretary of war reportedly turned on his own deputy, according to the Washington Post. The showdown reportedly unfolded at Camp David last Friday, where … Read more
Sen. Mitch McConnell said on Thursday that he has been discharged from the rehabilitation center where he had been recovering after a fall and will continue to recover at home. “Earlier today, I was discharged from the rehabilitation center to continue my recovery at home. Elaine and I are grateful for the many well wishes … Read more
JUST IN: Scientists warn of “urgent” biosecurity concerns after AI successfully designs 16 new viruses capable of replicating inside cells. — Polymarket (@Polymarket) August 6, 2026 Artificial Intelligence has been used to design brand new viruses that are fully functional and can replicate in the laboratory, say US researchers. It is the first time whole … Read more
by Michael Americans are facing the longest and most painful affordability crisis in our entire history, and young people are being hit the hardest. For many Americans under the age of 40, homeownership is just a dream that will probably never come true. At this point, only workers that make at least six figures can … Read more
Ronald S. Lauder, a major funder of conservative political causes, has not given a single dollar this year to Republicans in his home state, and his super PAC has gone idle. For decades, Ronald S. Lauder, the billionaire cosmetics heir and philanthropist, has been something like a one-man bank for Republicans in New York. He … Read more
via gainspainscapital Yesterday I noted that Japan was on the verge of a debt crisis. By quick way of review… After 30+ years of monetary interventions, the Japanese Yen is on the verge of entering a free-fall. Last week the Yen came dangerously close to breaking below critical support. A break below this line would … Read more
via Matthew Piepenburg Between the market’s reaction to Warsh’s recent no-rate-hike announcement and the current disaster unfolding with the Japanese yen, the set-up for near-term “Uh-Oh” in stocks and bonds in general–and the longer-term wisdom in precious metals in particular– couldn’t be more obvious. Stick to the Essential Antoine de St. Exupery famously (and wisely) … Read more
The Treasury announced its quarterly refunding today. It issues $125 billion in new debt to repay $96.3 billion maturing on August 15, and keeps an extra $28.7 billion in cash. – 3-year note: $58 billion on August 11 – 10-year note: $42 billion on August 12 – 30-year bond: $25 billion on August 13 Mortgage … Read more
Home purchases in the US by foreign buyers – both nonresident foreign buyers and foreign buyers who reside in the US – fell again in the 12-month period through March and have collapsed by 76% from the peak in 2017, to just 67,100 homes (red line in the chart). During the peak year through March … Read more