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Economy & Finance

Despite Rise In December, US Home Prices Saw Weakest Full-Year Gain Since 2011

Despite Rise In December, US Home Prices Saw Weakest Full-Year Gain Since 2011 For the fifth straight month, US home prices across its 20 largest cities rose in December (according to the admittedly lagged and smoothed Case-Shiller data released today). The 0.47% MoM rise is down very mopdestly from the upwardly revised +0.53% MoM in […]

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Jittery Futures Erase Gains Amid AI Doomsday Fears

Jittery Futures Erase Gains Amid AI Doomsday Fears A short rebound in stocks fizzled after Monday’s drop, as worries about the disruptive impact of artificial intelligence continued to unsettle markets which digested yesterday’s AI scare, and await today’s Claude / Anthropic presentation, while preparing for tonight’s State of the Union address (“SOTU”). Some have suggested that Trump

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Moscow Police Targeted In Deadly Car Bombing On 4th Anniversary Of Russian Invasion

Moscow Police Targeted In Deadly Car Bombing On 4th Anniversary Of Russian Invasion There’s been another killing by explosive device in the heart of Moscow – this time coming on the fourth anniversary of the start of the Russia-Ukraine war. The Russian Interior Ministry has confirmed that a culprit detonated powerful bomb beside a police patrol

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AMD Shares Soar After Meta Chip Deal Worth More Than $100 Billion

AMD Shares Soar After Meta Chip Deal Worth More Than $100 Billion Shares of Advanced Micro Devices surged the most in five months in premarket trading, after Meta disclosed a multi-year deal to deploy up to 6 gigawatts of AMD Instinct GPUs to power its next-generation AI data centers. Meta will begin deploying these AMD

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Cartel Kingpin “El Mencho” Dead. Here’s A Shortlist Of Possible Successors

Cartel Kingpin “El Mencho” Dead. Here’s A Shortlist Of Possible Successors Mexico’s most wanted cartel boss was killed Sunday in a Mexican military operation reportedly supported by U.S. intelligence; however, the emergence of potential successors indicates the Jalisco New Generation Cartel (CJNG) is not at the end of its road, only suggesting the decapitation strike

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Lamborghini EV Lanzador Bites The Dust As Electrified Supercar Demand Hits “Close To Zero”

Lamborghini EV Lanzador Bites The Dust As Electrified Supercar Demand Hits “Close To Zero” Big legacy U.S. and European automakers are frantically dialing back their electric vehicle bets, scaling back once-hyped roadmaps to full electrification as demand for these vehicles implodes. The latest automaker to reverse course is not a mass-market sedan or SUV maker,

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Trump’s Board Of Peace Mulling Stablecoin For Gaza Efforts: FT

Trump’s Board Of Peace Mulling Stablecoin For Gaza Efforts: FT Authored by Turner Wright via CoinTelegraph.com, The Board of Peace established by US President Donald Trump, which requires a $1 billion contribution for membership, is reportedly exploring a stablecoin for use in rebuilding Gaza’s economy following two years of war triggered by a Hamas terror

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80% Of The World’s Population Will Use Social Media By 2028

80% Of The World’s Population Will Use Social Media By 2028 Launched in 2004 as an experiment at Harvard, Facebook is often regarded as the defining social media platform of its era, the one that brought such platforms into the mainstream. Facebook reached one million users just ten months after its launch; it took Mark Zuckerberg’s social network around

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‘Out Of Africa’: Beijing Slashes Investment Up To 85%

‘Out Of Africa’: Beijing Slashes Investment Up To 85% Authored by James Gorrie via The Epoch Times, For more than a decade, China’s footprint across Africa has expanded at a phenomenal pace. Railways in Kenya, ports in Tanzania, energy projects across sub-Saharan Africa, and militarized infrastructure in various places have meant billions in state-backed loans.

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