March 24, 2025
“Acting Social Security commissioner Leland Dudek threatened Thursday evening to bar Social Security Administration employees from accessing its computer systems in response to a judge’s order blocking the U.S. DOGE Service from accessing sensitive taxpayer data… Dudek initially told news… Continue Reading…
March 12, 2025
“Egg prices soar 59% year over year while other breakfast foods also outpace inflation According to key data from the Bureau of Labor Statistics, the cost of eggs rose 58.8% year over year in February. Prices are up 12.5% month over… Continue Reading…
February 5, 2025
“Represented by Public Citizen Litigation Group and State Democracy Defenders Fund, the Alliance for Retired Americans, the American Federation of Government Employees (AFGE), and the the Service Employees International Union (SEIU) filed suit today against the Department of the Treasury for sharing… Continue Reading…
September 19, 2024
“Apple is in discussions with JPMorgan Chase for the bank to take over the tech giant’s flagship credit card program from Goldman Sachs, a person with knowledge of the negotiations said. The discussions are still early and could falter, and… Continue Reading…
August 20, 2024
“The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) fell slightly to 6.54% from 6.55%. The refinance share of mortgage activity increased to 48.6% of total applications from 41.7% in the previous week.… Continue Reading…
August 12, 2024
https://finance.yahoo.com/news/warren-buffetts-selling-over-3-092100064.html While the timing is good lets be honest here. Selling that much stock would cause a flash crash even in a strong economy. At a certain point one has to ask does removing so much money from a sock… Continue Reading…
August 6, 2024
“…The stock plummeted 26% to $21.48 at the close. It was the second worst day ever for the shares, behind only a 31% drop in July 1974, which was three years after Intel’s IPO. The company’s market cap is now… Continue Reading…
July 12, 2024
“Saudi Arabia privately hinted earlier this year it might sell some European debt holdings if the Group of Seven decided to seize almost $300 billion of Russia’s frozen assets, people familiar with the matter said… In May and June, the… Continue Reading…
July 2, 2024
“…Next in the club Which AI companies are in the best position to join these six in the $1 trillion club? My votes go to Broadcom (NASDAQ: AVGO) and Taiwan Semiconductor Manufacturing (NYSE: TSM)… While I predict Broadcom and Taiwan Semiconductor will be the next… Continue Reading…
June 11, 2024
“…SentinelOne (NYSE: S) specializes in automated cybersecurity software driven by AI, which reduces the workload on human operators so that fewer incidents slip through. SentinelOne stock is trading 78% below its all-time high that was set during the 2021 tech frenzy. However,… Continue Reading…
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