US Politics & Business News
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June’s headline unemployment number offered a brief moment of relief, but economists say the underlying data tells a far more troubling story about the American labor market. The unemployment rate dipped to 4.2%, its lowest level in a year, according to Bureau of Labor Statistics data released Thursday, but the decline was driven largely by…
World Liberty Financial and related cryptocurrency ventures connected to Donald Trump generated roughly $1.2 billion in crypto-related income for the former president and his family. While Trump and his associates reaped enormous financial rewards, investors who participated in those ventures reportedly saw steep and painful losses on their holdings. World Liberty Financial alone accounted for…
Palantir Technologies (NASDAQ: PLTR) received a significant vote of confidence as DA Davidson raised its rating on the stock from Neutral to Buy. DA Davidson set a price target of $175, signaling strong conviction that Palantir is positioned to outperform its software peers in the AI era. The analyst argued that Palantir holds several competitive…
Tesla (TSLA) reported second-quarter deliveries of 480,126 vehicles, beating Wall Street expectations and marking a 25% increase year-over-year. The results signal a meaningful recovery for the electric automaker, which has faced mounting competitive pressure from Chinese rivals and softening demand in key markets. Analysts described the turnaround as Tesla “exiting the EV winter,” a phrase…
The U.S. labor market weakened sharply in June, with job creation falling well short of expectations and raising fresh concerns about economic momentum heading into the second half of 2026. Nonfarm payrolls increased by a seasonally adjusted 57,000 in June, significantly slower than the downwardly revised 129,000 jobs added in May and well below the…
Retirees who secure a guaranteed lifetime income stream may actually live longer, according to emerging research linking financial stability to better health outcomes. The connection between money security and longevity is drawing increasing attention from financial researchers and retirement planning experts across the country. Studies suggest that retirees burdened by financial uncertainty experience higher levels…
Gavin Baker, founder and Chief Investment Officer of Atreides Management, has built a reputation for positioning ahead of the broader market on artificial intelligence trades. Baker’s core investment thesis centers on AI as a long-term supercycle, not a speculative bubble, driven by electricity, semiconductor wafers, and compute infrastructure. He argues that real alpha in the…
Bitcoin reclaimed $60,000 and precious metals surged after Federal Reserve Chair Kevin Warsh signaled that inflation risks had eased. Warsh struck an open-minded tone on artificial intelligence during his remarks, reviving appetite for risk assets and precious metals among traders. The Fed chair made his comments at the ECB Forum on Central Banking in Sintra,…
Tamera Mowry-Housley has placed her longtime Bay Area residence on the market for $2.69 million as she and her husband pursue their Napa Valley ambitions. The actress, best known for starring alongside her twin sister Tia Mowry in the hit Nickelodeon series “Sister, Sister,” is 47 years old and ready for a new chapter. Her…
Many Americans approaching their mid-50s begin taking a harder look at whether their retirement savings strategy is actually on track to meet their goals. Contributing just 5% of your salary to a 401(k) is a starting point, but financial planners widely caution that it is rarely sufficient for those with a shorter runway to retirement….