• https://www.marketwatch.com, By Christine Idzelis
U.S. stocks have been on a tear this year, with the S&P 500 and Nasdaq Composite scoring their strongest first seven months of a year in decades, according to Dow Jones Market Data.
Since the release of the softer than expected June US CPI inflation report on July 12, the market has been increasingly hopeful that the narrative of a soft landing for the US economy will stick.
Yellow, the third-largest less-than-truckload company that's in the midst of financial chaos, said in a memo to laid-off, nonunion employees viewed by FreightWaves that the company was "shutting down regular operations".
"Notwithstanding any other provision of law, the Secretary shall mint and issue, in qualities and quantities that the Secretary determines are sufficient to meet public demand." - US Congress Liberty Coin Act
Charlie Munger warns about the biggest inflationary bubble in world history bursting and shares his thoughts on how it is going to unfold. He elaborates on the difficulty of building wealth for the young generation of today compared to his.
United States Secretary of Treasury Janet Yellen has an incredible job. She writes rubber checks to pay America's bills. Yet, somehow, the rubber checks don't bounce. Instead, like magic, they clear.
• https://www.lewrockwell.com, By Bretigne Shaffer
One of the speakers described it as "a thinning of the veil between heaven and earth." Others have said that there was a "timelessness" in the space. Both descriptions are accurate. Here's what I think: When people gather together to worshi
• https://www.thegatewaypundit.com, by Mike LaChance
After George Floyd, corporate America rushed to embrace diversity, equity and inclusion (DEI) policies that used to be limited to liberal college campuses.
Over the past few years, tens of millions of consumers witnessed a remarkable increase in their credit scores, primarily due to helicopter money dished out by the federal government, rock-bottom interest rates, and a pause on student-loan payments.
As Bruce WIlds noted earlier in the week, The Fed has stated that FedNow is not intended to kill or replace other money transfer options like Venmo, Cash App, PayPal, or Zelle.
Initial jobless claims were better than expected but Philly Fed Manufacturing, Existing Home Sales, and Leading Economic Indicators all weakened and disappointed.
Following the failures of several regional banks earlier this year, we've been closely monitoring the commercial real estate (CRE) sector, noticing increasing risks in the office space market.
One of the most formative moments of my life was when I was running a small eco blog called Earth Mums in the mid-00s which focused on consumer solutions to the problem of environmental destruction.
A popular tax break in the form of being able to make so-called catch-up contributions to 401(k) retirement savings plans is set to vanish for many higher-earning Americans at the end of this year.