Economy & Finance

Stock Market Breadth: Warning Or Opportunity? Authored by Lance Roberts via RealInvestmentAdvice.com, The S&P 500 is down roughly 7% from its January 27 all-time high. Unsurprisingly, the media is full of “red” headlines discussing the seemingly “endless” correction we are in. Unsurprisingly, previously complacent investors are now anxious, as nothing seems to be working. But that index-level headline conceals […]

Air Canada CEO Out After Admitting In PR Video That He Can’t Speak French Michael Rousseau is on his way out as head of Air Canada, after a crisis response that somehow made a bad situation worse – and then kept digging. The backdrop: a fatal March 22 crash at LaGuardia Airport involving a flight

Oracle Firing Tens Of Thousands As CDS Explodes To Financial Crisis Record Two months ago, when ORCL announced it would raise $50 billion in a combination of stock and bonds to ease market fears about its soaring funding costs and lack of actual revenues and “to build additional capacity to meet the contracted demand from

Pentagon Weighs Anti-Drone Laser Weapon Deployment In DC To Fortify Airspace We outlined a glaring security gap in U.S. counter-drone defenses well before the U.S.-Iran conflict erupted one month ago. At the time, we specifically pointed out that data centers are largely unprepared for drone threats. We believe the Gulf conflict – after Iran bombed

Treasury Unveils Whistleblower Portal To Combat Transnational Medicare, Medicaid Fraud Rings Authored by Kimberly Hayek via The Epoch Times (emphasis ours), Whistleblowers are encouraged to report abuse of Medicare, Medicaid, and other government health benefit programs, the Department of the Treasury announced on March 30, while warning that sophisticated fraud schemes are siphoning billions from

Ukraine’s Backers Want Reduction In Long-Range Strikes On Russian Oil, Zelensky Says We’ve been highlighting the significant impact of the Iran war on developments in Ukraine, where the over four-year long war is showing no end in sight. Ukraine’s President Zelensky has made clear his view that the current global focus on the Iran conflict

Google’s New Quantum Research Reignites Push To Harden Bitcoin Authored by Micah Zimmerman via BitcoinMagazine.com, A new research paper from Google has intensified debate over whether Bitcoin can adapt in time to withstand advances in quantum computing, pushing developers and investors to confront a risk long treated as theoretical. Google’s quantum division said this week in

Supreme Court Sides With Christian Counselor, Strikes Down Colorado ‘Conversion Therapy’ Ban In a landmark 8-1 decision issued today, the Supreme Court sided with a Christian mental health counselor – ruling that Colorado’s law banning “conversion therapy” violates the First Amendment.  A transgender rights supporter takes part in a rally outside of the U.S. Supreme Court

European Inflation Jumps Most Since 2022 On Soaring Energy Prices Even As Core CPI Unexpectedly Shrinks In an early preview of the coming inflation spike, the euro area saw its steepest jump in inflation since 2022 as the Iran war pushed energy costs sharply higher, backing expectations that the ECB will have to raise interest

France, Italy Are Latest NATO Allies To Break Ranks, Block US Military Flights For Iran War First Spain, now France and Italy… France has blocked the United States from using its airspace to transport American weapons to be used in the war against Iran, a Western diplomat and two additional sources told Reuters Tuesday. “The sources