America’s Biggest Banks Just Crushed Earnings Expectations Across the Board
A Historic Morning on Wall Street It was a morning Wall Street won’t soon forget. On Tuesday, July 14, all five of America’s largest banks — JPMorgan Chase, Goldman Sachs, Bank of America, Citigroup, and Wells Fargo — reported their second-quarter 2026 earnings simultaneously before…
Why Fear Is the Worst Reason to Claim Social Security Early
The 2032 Deadline Driving a Social Security Panic As anxiety mounts over the projected 2032 depletion of the Social Security Old-Age and Survivors Insurance (OASI) Trust Fund, a viral online trend is urging Americans to claim their retirement benefits as early as age 62. It’s…
The World’s Biggest Chipmaker Just Broke Records and AI Is Why
A Record Quarter Fueled by Artificial Intelligence Taiwan Semiconductor Manufacturing Co. reported record second-quarter revenue as demand for chips used in artificial intelligence systems lifted sales to levels the company has never seen before. TSMC’s revenue in the three months to June 30 rose 36%…
US-Iran Airstrikes Rattle Global Markets and Send Oil Prices Surging
A Fragile Peace Shattered Over the Strait of Hormuz Just when global energy markets had begun to breathe a sigh of relief, the U.S.-Iran conflict roared back to life. Oil prices had recently slipped back to the levels seen before the war with Iran began,…
Oil Prices Could Spike to $90 as Hormuz Crisis Leaves World Dangerously Undersupplied
Global oil supplies are under growing pressure as stockpiles continue to shrink and demand is expected to climb. The situation puts the Trump administration in a difficult position regarding the strategically critical Strait of Hormuz, through which a significant portion of the world’s oil flows, with limited time to prevent a potential energy crisis.
Aldi’s $9 Billion Bet on America Is Reshaping Where You Buy Groceries
A Discount Giant Plants Its Flag in Manhattan A jar of almond butter for under $4 might not sound revolutionary — until you consider where it’s being sold. On June 19, Aldi opened its first-ever Midtown Manhattan location, a 25,000-square-foot discount store at 311 West…
Oregon Backs Down From Effort to Delay Massive Paramount-Warner Bros Merger
A Last-Minute Legal Skirmish Ends Without a Winner Oregon Attorney General Dan Rayfield withdrew the state’s records request and motion to delay the closing of the $110 billion Paramount-Warner Bros. Discovery merger, according to a filing with the Multnomah County Court on Friday, July 11….
Every American Child Can Now Start Building Wealth From Birth
A New Kind of Nest Egg Trump Accounts, the president’s new foray into free cash for American children, officially launched on July 4th — the nation’s 250th birthday. The accounts are designed to help families grow savings for children from the time they’re born, capitalizing…
Chips, SoftBank, and a Historic IPO Drive Global Markets Higher This Week
A Chip-Fueled Rally Sweeps From Wall Street to Tokyo It was a week that belonged to the semiconductor sector. On Thursday, July 10, U.S. stocks closed broadly higher as chipmakers surged and oil prices eased, setting the stage for a strong finish to the trading…
id Software Is Battered But Not Broken After Microsoft’s Brutal Xbox Layoffs
A Brutal Week for the DOOM Studio Of all the layoffs that came down on Xbox Game Studios this week as part of Microsoft and Xbox’s 3,200 “reset” cuts and four studio divestments, the ones that hit DOOM developer id Software were the most shocking…
