Elon Musk Fires 10 Percent of Tesla Workforce, Prepares for “Next Phase of Growth”
Emily Hudson In preparation for more growth, Musk issues a memo announcing an workforce cut of 10 percent and two…
Fed Minutes Show Willingness for Still More Rate Hikes
Tyler Mitchell The market’s reaction to the May FOMC meeting was dovish. The minutes are another matter. Rate cut odds…
The Need to Prevent a Biden Economic Collapse Outweighs Charges Against Trump
Samantha Parker Republicans who attacked Trump have concluded there is no other realistic choice. Sununu Says Trump ‘Contributed’ to Insurrection,…
Expect Big Negative Revisions to BLS Monthly Jobs in 2023, GDP Too
Yesterday, the BLS released a little-read jobs report that shows reported jobs in 2023 may be wildly overstated.…
Student Debt Cancellation Is Extremely Unfair. Here Are 10 Reasons Why.
A recent Tweet by Elizabeth Warren and a short rebuttal to her inspired this post. Let’s take a…
The Abortion Issue Comes Alive in Arizona, It Could Cost Republicans Dearly
Alex Thompson In Arizona, Republicans bucked Trump and Kari Lake, and try to block another push to repeal abortion ban.…
AI and Cryptocurrency to Double Data Center Energy Usage by 2026!
Jamie Roberts According to the IEA, electricity consumption from data centres, artificial intelligence (AI) and the cryptocurrency sector could double…
Growth in Spending Exceeds Growth in Income for Most of the Last 10 Months
A deeper dive into personal income and outlays for March shows significant signs of consumer stress to maintain…
Who Comes Out on Top If the Fed Lowers Rates Before the Election: Biden or Trump?
Think carefully, the answer is not as easy as it may seem. And despite soaring inflation, President Biden…
Looks like Fed Ain’t Cutting as Inflation Heats Up
Poof. Another Fed cut was priced out today in response to hot CPI data. Data courtesy of CME…