Is GLP-1 the new AI? Drugmaker Eli Lilly joins the $1 trillion market-cap club.
Eli Lilly on Friday crossed the $1 trillion market-cap threshold, becoming the first drugmaker to ever reach that milestone.
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Stop The Presses – And Start Telling The Truth About Bias
Stop The Presses – And Start Telling The Truth About Bias Authored by John Tillman via RealClearPolitics,Is a culture change coming to the news media?So it might seem, now that Bari Weiss has been appointed editor-in-chief of CBS News. Another sign is Jeff Bezos’s decision to reorient the Washington Post’s opinion page. The hope is that both outlets will move away from their blatant far-left coverage, not only bringing in some right-leaning voices, but restoring some measure of object
Mamdani and Trump say they agree on cutting the cost of living — including a big utility company’s rates
ConEd’s stock dropped as the utility company’s rates got the attention of the president and New York City’s mayor-elect.
Watch: Construction Sites In Charlotte Go Dark As Illegals Hide From ICE
Watch: Construction Sites In Charlotte Go Dark As Illegals Hide From ICE Federal officers from Immigration and Customs Enforcement (ICE) and U.S. Customs and Border Protection (CBP) began conducting large-scale raids across the Charlotte metropolitan area last weekend as part of Operation Charlotte's Web. The objective is to arrest and deport criminal illegal aliens.Operation Charlotte's Web has given a partial understanding of just how many migrants have poured into the metro area si
The Monsters' Ball
The Monsters' Ball Authored by James Howard Kunstler,“...the Democrat Party is no longer a political party. It is an insurrectionist crime syndicate that will torch the Constitution to stay in power.”- Stephen MillerThe old joke goes: A-list actor is having lunch with studio chief. Studio chief says, Didya hear so-and-so (well-known Hollywood agent) dropped dead this morning. His heart. A-list actor says, Gee, I didn’t know he had one.Kind of brings to mind the late Veep Dick Cheney,
Why trouble for the biggest foreign buyer of U.S. debt could ripple through America’s bond market
Developments in Japan are creating a risk that investors in the U.S. Treasury market may one day pull the rug out by keeping more of their savings at home.
The first-ever 3x levered bitcoin funds are launching in Europe next week. The timing couldn’t be worse.
Leveraged ETFs bring even more risk to volatile assets like crypto.
Is AI A Catalyst For Growth... Or For Collapse?
Is AI A Catalyst For Growth... Or For Collapse? Authored by Charles Hugh Smith via OfTwoMinds blog,Yes, AI is a catalyst. But for what is not yet knowable.The current narrative holds that the big problem we need to solve is conjuring up cheap energy to power AI data centers. Fortunately for us, the solutions are at hand: building modular nuclear power plants at scale and tapping North America's vast reserves of cheap natural gas.Problem solved! With cheap energy to power all the AI da
Treasury To Block Tax Credits For Illegal Immigrants Under New Trump Administration Rule
Treasury To Block Tax Credits For Illegal Immigrants Under New Trump Administration Rule The Treasury Department plans to issue regulations barring illegal immigrants and certain foreign nationals from receiving a range of refundable tax credits, a move the Trump administration says is necessary to ensure federal benefits are limited to those eligible under longstanding law.Treasury Secretary Scott Bessent said Thursday that the department will implement new rules defining who may cla
Doing your holiday shopping with a credit card? Use these 6 tips to preserve your credit score — and your sanity.
Americans will be leaning hard on their credit cards this holiday season. A few key rules can keep you from slipping into a debt spiral.
The Labubu Omen
The Labubu Omen Authored by Adam Sharp via DailyReckoning.com,Remember Beanie Babies? In the late 1990s, they were all the rage.Tiny stuffed animals which cost less than $1 to manufacture were selling for thousands of dollars at peak.The Princess Diana memorial bear once fetched $500+, and today it sells for around $5. Peanut the Royal Blue Elephant hit $5,000 in 1999, and today a certified mint condition specimen might fetch $50.The BB craze started in 1997, just as the dotcom bull m
House Lawmakers Press Shein Over Sale Of Childlike Sex Dolls In The US
House Lawmakers Press Shein Over Sale Of Childlike Sex Dolls In The US Authored by Evgenia Filimianova via The Epoch Times,House lawmakers have asked fast-fashion retailer Shein to explain how childlike sex dolls were allowed to appear on its e-commerce platform and whether any were sold to U.S. customers, escalating an international controversy that earlier this month led France to suspend the company’s online marketplace.In a Nov. 20 letter to Shein CEO Xu Yangtian, Reps. Vern Bucha
Amb. Huckabee Under Fire For 'Warm' Meeting With Notorious Traitor & Spy Jonathan Pollard
Amb. Huckabee Under Fire For 'Warm' Meeting With Notorious Traitor & Spy Jonathan Pollard US Ambassador to Israel Mike Huckabee is under fire and in the headlines after it was revealed he met with notorious traitor and spy Jonathan Pollard at the US Embassy in July. The former American intelligence analyst was convicted of espionage for Israel and sentenced to life in prison in 1987.Pollard's is widely viewed as one of the single most damaging spy cases in US intelligence history, as
Watch out: Bitcoin isn’t what you think it is
If you want to see a scary bitcoin chart, check this out.
CapEx Spending On AI Is Masking Economic Weakness
CapEx Spending On AI Is Masking Economic Weakness Authored by Lance Roberts via RealInvestmentAdvice.com,The U.S. economy’s recent growth has a distinctive engine: large‑scale capital expenditures (capex) tied to artificial intelligence (AI). Firms such as Microsoft, Alphabet (Google), Meta Platforms, and Amazon have announced massive investments in data centers, servers, networking equipment, and AI infrastructure.As noted by Investing.com:“Artificial intelligence is consuming capita
Bombshell Report: "Largest Funder Of Al-Shabaab Is Minnesota Taxpayer"
Bombshell Report: "Largest Funder Of Al-Shabaab Is Minnesota Taxpayer" Investigative journalists Ryan Thorpe and Christopher F. Rufo have published a bombshell report in City Journal detailing how massive welfare fraud in Democrat-run Minnesota, much of it carried out through networks in the state's Somali community, funneled stolen taxpayer money back to Somalia, where some of those funds ultimately ended up in the hands of the terror group Al-Shabaab. An unprecedented wave of welfa
‘I’ve always lived hand-to-mouth’: I’m 64. My father left me $400K from his 457(b) plan. My brother is suing me. How can I defend myself?
“I live off my Social Security of $900 a month.”
Ukraine & Europe Reject Trump's Russia Peace Plan, Prepare Emergency Call
Ukraine & Europe Reject Trump's Russia Peace Plan, Prepare Emergency Call By all estimates, this is the first ever US-proposed peace plan which actually demands major concessions from Ukraine, but it also seeks to provide assurances for Kiev's future protection modelled on NATO article five, according to Axios.Among President Zelensky's top objectives has long been to obtain a robust US and European security guarantee, and this new 28-point plan appears to give just that:President Tru
Stocks Rebound As Fed's Williams Sparks Surge In Rate-Cut Odds
Stocks Rebound As Fed's Williams Sparks Surge In Rate-Cut Odds After an ugly overnight session, US equity futures are back in the green this morning following dovish comments from Fed Vice-Chair Williams...In the text of a speech he delivered Friday in Santiago, Chile, Williams said downside risks to employment have increased while upside risks to inflation have eased.“I view monetary policy as being modestly restrictive, although somewhat less so than before our recent actions,” he s
China controls this key resource AI needs — threatening stocks and the U.S. economy
AI relies on rare-earth elements to grow its infrastructure — and the U.S. relies on AI to grow GDP.