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Gladstone Land Corporation (NASDAQ:LAND – Get Free Report) announced a dividend on Monday, July 21st, investing.com reports. Stockholders of record on Tuesday, July 22nd will be given a dividend of 0.0467 per share by the real estate investment trust on Thursday, July 31st. This represents a dividend yield of 5.44%. The ex-dividend date is Monday, [...]
Oakwell Private Wealth Management LLC increased its holdings in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH – Free Report) by 5.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 99,472 shares of the company’s stock after buying an additional [...]
Postal Realty Trust, Inc. (NYSE:PSTL – Get Free Report) declared a quarterly dividend on Monday, July 21st, RTT News reports. Investors of record on Thursday, July 31st will be paid a dividend of 0.2425 per share on Friday, August 29th. This represents a $0.97 annualized dividend and a dividend yield of 6.56%. Postal Realty Trust [...]
Kathleen S. Wright Associates Inc. cut its holdings in Vanguard FTSE All-World ex-US Small-Cap ETF (NYSEARCA:VSS – Free Report) by 4.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,125 shares of the company’s stock after selling 718 [...]
B. Riley upgraded shares of SiriusPoint (NYSE:SPNT – Free Report) to a strong-buy rating in a research note released on Sunday morning,Zacks.com reports. A number of other equities research analysts also recently issued reports on the stock. Oppenheimer set a $25.00 price target on shares of SiriusPoint and gave the company an “outperform” rating in [...]
Mayor Mike Johnston urged Denverites to embrace a "learned hopefulness" as an antidote to the challenges Colorado's largest city faces, including housing affordability and downtown vacancies.
Tom Brown has been named the new dean of the College of Business and Technology at Bethel University in Arden Hills. Brown’s appointment marks a step in Bethel’s academic reorganization, as the university launches a new, unified school of business. The school will bring together Bethel’s business and communications studies programs under one roof, designed
Ark Invest, led by Cathie Wood, made significant trades on Monday. Notably, the firm increased its stake in Bitmine Immersion Technologies Inc. (NYSE:BMNR) and Advanced Micro Devices Inc. (NASDAQ:AMD) while reducing its holdings in Coinbase Global Inc. (NASDAQ:COIN) and Block Inc. (NYSE:XYZ). These trades reflect Ark’s strategic adjustments amid evolving market conditions.The Bitmine Immersion Trade: Ark Invest made a substantial investment in Bitmine Immersion through Ark Fintech Innovation ETF (BATS:ARKF), ARK Innovation ETF (BATS:ARKK), and ARK Next Generation Internet ETF (BATS:ARKW). This move comes after Bitmine’s Ethereum (CRYPTO: ETH) holdings surpassed $1 billion recently, following a $250 million private placement. Ark’s acquisition of over 4.4 million shares highlights its confidence in Bitmine’s strategic pivot to an Ethereum treasury strategy. The total value of this purchase amounts to approximately $174.9 million, based on the latest closing price of $39.57. In the last 30 days, ...Full story available on Benzinga.com
Visa's recent earnings beat, robust guidance, and continued EPS growth outlook support its premium valuation. Read why I reiterate my buy rating on V stock.
FDA Approved Moderna COVID Shot For Kids Behind Kennedy's Back - Two HHS Aides Fired Authored by Jon Fleetwood via JonFleetwood.com,The U.S. Food and Drug Administration (FDA) quietly granted full approval to Moderna’s mRNA COVID-19 injection for children while Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. was on vacation - and without his knowledge or consent.As head of the department overseeing the FDA, Kennedy should have been directly informed of any decision involving pediatric mRNA shots—especially one as politically and medically sensitive as full approval for children as young as six months.On July 10, Moderna, Inc. announced the FDA approved the supplemental Biologics License Application (sBLA) for Spikevax®, the Company’s COVID shot, in “children 6 months through 11 years of age who are at increased risk for COVID-19 disease.”The approval was made despite Moderna’s own scientists’ admission that there are “unacceptable toxicity” levels in mRNA vaccines, and that “lipid nanoparticle structural components, production methods, route of administration and proteins produced from complexed mRNAs all present toxicity concerns.”It was also made without Secretary Kennedy’s knowledge.According to multiple sources, neither Kennedy nor his Deputy Chief of Staff Stefanie Spears were briefed or consulted ahead of the decision, raising alarm over internal operations at one of the nation’s most powerful health agencies.Only July 16, White House correspondent and media host Emerald Robinson reported on Twitter/X that FDA Commissioner Dr. Marty Makary “did not inform @RobertKennedyJr (who was on vacation) or his office that FDA was going to approve the mRNA shots for children,” citing sources familiar with the matter.On July 17, CNN reported that Secretary Kennedy had fired two of his top aides “in an abrupt shakeup of the leadership at the nation’s sprawling health department,” also citing unnamed sources.“Kennedy’s chief of staff, Heather Flick Melanson, and deputy chief of staff for policy Hannah Anderson left HHS after only a handful of months on the job, following internal clashes that culminated in both of their removals this week,” the report explained.The CNN article didn’t connect the firings to the FDA’s decision to approve Moderna’s jab for kids.However, the MAHA PAC (Make America Healthy Again Political Action Committee)—a pro-Trump super PAC founded by RFK Jr.’s former staff to promote his health-focused agenda—corroborated Robinson’s account and connected the firings to the FDA’s Moderna decision.On July 20, MAHA PAC cited Dr. Robert Malone—now serving on the newly restructured ACIP vaccine panel—as confirming that neither Kennedy nor Spears were informed of the FDA’s decision regarding Moderna and that a major HHS leadership purge unfolded upon their return.“The unfortunate facts are that this decision... was made public when both the Secretary of HHS and his trusted deputy Chief of Staff Stefanie Spears were on vacation,” said Dr. Malone, citing insider knowledge. “Neither Sec. HHS nor his deputy Chief of Staff (dCOS) were briefed or read in on this decision.”The move apparently set off a chain reaction.According to Malone, shortly after Kennedy and Spears returned, “a major reorganization of HHS leadership occurred.”Anderson was “walked off the premises and was so upset that she crashed her car into the Secretary’s government-provided vehicle.”Melanson, a veteran of the Trump-era HHS, claimed she resigned voluntarily.CNN sources say otherwise, alleging she was fired after Kennedy lost confidence in her leadership following the dismissal of Anderson.A spokesperson for HHS said that Matt Buckham, the department’s White House liaison, will serve as acting Chief of Staff.The FDA’s end-run around Kennedy not only signals potential deeper insubordination within HHS, but also highlights a promising shift under his leadership—one where incompetence, secrecy, and disloyalty are no longer tolerated, and where restoring integrity, transparency, and public trust could be the new standard.Follow us on Instagram @realjonfleetwood & Twitter/X @JonMFleetwood. Tyler DurdenMon, 07/21/2025 - 22:35
Scott Bessent calls for a review of the Federal Reserve. The S&P 500 closed above 6,300 for the first time. Figma IPO could value it as much as $16.4 billion. Trump Media has built a roughly $2 billion bitcoin hoard. European defense bull run may cool off, fund manager says.With the job market currently being rough for many — in no small part because of artificial intelligence — it may be tempting to enroll in graduate school in the hopes of securing a better job eventually.Don’t do it. That is, if you have dreams of working at America’s central bank.U.S. Secretary of Treasury Scott Bessent on Monday questioned the Federal Reserve’s decision not to lower interest rates this year so far, given that the U.S. has “seen very little, if any, inflation.”“I think this idea of them not being able to break out of a certain mindset,” Bessent said, referring to Fed officials. “All these Ph.D.s over there, I don’t know what they do.”The headline number for June’s consumer price index was the highest since February.While navigating the job market has been a challenge regardless of qualifications, the stock market seems to be on a smooth path upward regardless of challenges.The S&P 500 broke the 6,300 closing level for the first time on Monday. That’s despite the Trump administration’s beef with the Fed and its use of heavy tariffs as a bargaining tool.Under those circumstances, an investor doesn’t need a Ph.D. to know that volatility in markets could lie ahead despite the positive sentiment today.What you need to know todayScott Bessent calls for a review of the Federal Reserve. In an interview with CNBC on Monday, the U.S. Treasury Secretary suggested that the government needs to examine the “entire” Fed. Bessent also said the Aug. 1 tariffs will help the U.S. reach “better agreements” with its trade partners.The S&P 500 closed above 6,300 for the first time. Boosted by advances in Meta and Amazon shares, the Nasdaq Composite notched a record closing high on Monday as well. Asia-Pacific markets traded mixed Tuesday.Figma IPO could value it as much as $16.4 billion. The design software company published on Monday an updated prospectus, which stated that Figma expects to sell about 37 million shares at $25 to $28 each. Trump Media has built a roughly $2 billion bitcoin hoard. Those holdings now account for about two-thirds of Trump Media’s total liquid assets, signaling U.S. President Donald Trump’s pivot to cryptocurrency as a source of wealth while in office. [PRO] European defense bull run may cool off. A fund manager who oversees assets worth close to $2 billion told CNBC that the valuations of the defense sector in Europe have hit “extreme” levels.And finally...Chesnot | Getty Images News | Getty ImagesA Wallbox EV charger for electric car is displayed during the “Mondial de l’Auto” at Parc des Expositions on October 15, 2024 in Paris, France.The race to roll out solid-state batteries is picking up steam againOften touted as the “holy grail” of sustainable driving, solid-state batteries are thought to offer significantly higher energy density than conventional lithium-ion ones. But they have long been stuck between theory and the promise of commercialization in the next five to 10 years.A recent flurry of announcements from major automakers and incumbent cell producers appears to have renewed optimism.— Sam Meredith
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Tesla’s retro-futuristic diner officially opens as Elon Musk hints at more locations TechCrunchView Full Coverage on Google News
Agilysys, Inc. (NASDAQ:AGYS) Q1 2026 Earnings Conference Call July 21, 2025 4:30 PM ETCompany ParticipantsJessica Hennessy - Senior Manager of Corporate...
A study of affluent Chinese by Oliver Wyman found 22% were negative about the economy. It just exceeds the 21% seen in October 2022. Young people recorded the greatest drop in sentiment in May this year from April 2024. But many affluent Chinese are more keen to travel overseas than they were just before the pandemic.BEIJING — China’s affluent are feeling just as poorly about the economy as they did during the pandemic.That’s according to a study of affluent Chinese released this month by consulting firm Oliver Wyman, which found 22% of respondents were negative about the economy when surveyed in May. It just exceeds the 21% seen in October 2022, just before Beijing announced plans to ease its stringent zero-Covid policy.When asked about the five-year horizon, respondents were far less upbeat than they were back in 2022.“That to us is a fundamental shift in mindset,” Imke Wouters, partner at Oliver Wyman, told CNBC. “If you think, ‘I’m not having a good financial situation now,’ your spending, saving patterns will be very different.”“The longer this [drags] on, the more negative they become about the long term future and the more cautious they come on spending,” Wouters said.These findings come as China recorded a slowdown in retail sales growth, and persistent deflationary pressure as businesses slash prices to compete. Sliding prices in property, which accounts for the majority of household wealth, have also weighed on sentiment.Oliver Wyman’s research was conducted from May 16 to 27. The firm has conducted similar surveys over the last three years. The latest study covered 2,000 households with a monthly income of over 30,000 yuan ($4,180).That’s a fraction of consumers in China, where the per capita disposable income in urban areas for all of last year was 54,188 yuan. That’s far less than the $64,474 reported for the U.S. as of December.Young people the most pessimisticYoung people (aged 18 to 28) in the affluent income bracket who live in China’s largest cities were the most pessimistic of the four age categories, recording the greatest drop in sentiment in May this year from April 2024, the survey showed.The unemployment rate for those aged 16 to 24 has remained in the mid-teens despite the overall jobless rate remaining far lower at around 5%.Survey respondents aged 29 to 44 were the most optimistic, especially when it comes to their five-year outlook.In China, most of the wealth sits with millennials and Gen X, Wouters said, referring to those broadly between the ages of 30 and 60. She attributed their relative optimism to higher levels of accumulated wealth and job stability, as well as the sense that the “good old days” might return — a perspective she suggested might come with age.China’s official consumer confidence index has remained depressed since hitting a record low of 85 in November 2022, when China restricted movement in an effort to prevent Covid-19 outbreaks. The latest print was 88 as of May, according to the latest available data from the National Bureau of Statistics, accessed via Wind Information.People in China have become significantly discouraged by perceived “unequal opportunity,” which in 2023 became the No. 1 reason respondents believe people are poor, jumping from No. 6 nearly two decades ago. That’s according to the latest survey conducted in 2023 by a team of researchers led by Martin King Whyte of Harvard University and Scott Rozelle of Stanford University, who have been monitoring the shifts since 2004.The survey found that across all income brackets, more respondents thought their families’ economic situation had declined in 2023 compared with previous years.International travel is recoveringBut despite their negative sentiment on the economy, many affluent Chinese are more keen to travel internationally than they were just before the pandemic.Rather than spending on a luxury product, for example, they would rather “spend on something that can make [them feel] better now,” Wouters said.“You just want to enjoy the moment,” she said.Oliver Wyman predicts the share of affluent Chinese traveling internationally this year will reach 37%, above the 32% level seen in 2019, before the pandemic. So far, 27% of respondents have already traveled abroad, with 10% more expected to make a trip later this year.Still, affluent Chinese aren’t necessarily traveling back to pre-pandemic hot spots such as the United States, the report said, noting that they are sticking closer to home instead. Chinese travel to Malaysia and Japan has already made a full recovery to 2019 levels, Oliver Wyman’s analysis showed.
Industry Leaders Unite to Deliver Smarter, Safer, and More Sustainable Urban RidesBEIJING, July 21, 2025 /PRNewswire/ -- Bird, a pioneer in shared micromobility, and Segway, a global leader in electric vehicle innovation, announced a strategic alliance to roll out advanced new electric scooters and e-bikes across key North American markets. This next-generation fleet combines Segway's engineering excellence with Bird's operational expertise to set new standards for performance, safety, and sustainability in urban transportation. The partnership ...Full story available on Benzinga.com
Economist Judy Shelton, a former advisor to President Donald Trump during his first term and senior fellow at the Independent Institute, delivered a sweeping critique of the Federal Reserve on Monday.What Happened: Aligning herself with the former Fed Governor Kevin Warsh's call for “monetary regime change,” Shelton called for a structural overhaul, while questioning the very notion of central bank independence.Shelton argued that the challenges facing the Fed go far beyond short-term rate decisions, pointing to systemic issues within the institution itself. “We’re really looking at much deeper problems at the Federal Reserve, its models, its constructs, the way the Federal Reserve staff choreographs the meeting,” she said.See Also: Trump Says He Doesn’t Need Scott Bessent’s Advice To Fire Jerome Powell: ‘I Know Better Than Anybody What’s Good For The Market’She further ...Full story available on Benzinga.com
Hanwha Shipping, a unit of South Korean conglomerate Hanwha Group, announced today it has ordered a liquefied natural gas (LNG) carrier from Hanwha Philly Shipyard, marking the first U.S.-ordered, export-market-viable...
Zions Bancorporation reports strong Q2 2025 results with expanding net interest margin, loan growth, and success in new products.
Zions Bancorporation, National Association (NASDAQ:ZION) Q2 2025 Earnings Conference Call July 21, 2025 5:30 PM ETCompany ParticipantsDerek Steward -...
During the quarter, Polen Global Growth Portfolio returned 8.16% gross of fees (7.87% net of fees) compared to 11.53% for the Index. Read more here.
The Decline Of US Housing Affordability The cost of a typical American home has raced far ahead of paychecks.This graphic (and below video), via Visual Capitalist's Pallavi Rao, charts how the median sales price of a newly-built privately-owned residential units (including houses and apartments) and the median household income have moved since 1967.Data for this graphic is sourced from the Census Bureau (both home prices and household incomes).The Federal Reserve’s CPI-U index was used to convert both to 2023 dollars for an apples-to-apples comparison.Tracking U.S. Home Prices vs. Household IncomesThe median sales price of a new U.S. home reached $428,600 in 2023. That price was more than five times the median household income of $80,610 that year.See how both metrics have moved since 1967 in the video below.The widening gap underscores why today’s buyers feel squeezed, even with low-down-payment loans and longer mortgage terms.It also hints at deeper forces, from land-use rules to interest-rate cycles, shaping the housing market’s boom-and-bust rhythm.The Affordability Ratio Has Doubled Since 1970Dividing price by income yields a home-price ratio, a quick gauge of affordability. A ratio of 3 is often cited as a sustainable benchmark.Back in 1970, the typical new home cost just 3.2 times the median income.YearMedian HouseholdIncome (2023 Dollars)Median Home Prices(2023 Dollars)Home-Price Ratio1967$53,530$207,3463.871968$55,810$216,3723.881969$58,010$212,6403.671970$57,580$183,6453.191971$57,090$189,6313.321972$59,330$201,1103.391973$60,610$223,0363.681974$58,780$221,8453.771975$57,180$222,5103.891976$58,160$236,6584.071977$58,450$245,3374.201978$60,720$260,1724.281979$60,610$264,0824.361980$58,720$238,8564.071981$57,730$230,8934.001982$57,570$218,8173.801983$57,210$230,3624.031984$58,930$234,3563.981985$60,050$238,7953.981986$62,280$255,7524.111987$63,060$280,2324.441988$63,530$289,8654.561989$64,610$294,9524.571990$63,830$286,6094.491991$61,960$268,4764.331992$61,450$263,8414.291993$61,150$266,8234.361994$61,800$267,2374.321995$63,770$267,7434.201996$64,710$271,9684.201997$66,050$277,1454.201998$68,470$285,0594.161999$70,210$294,5044.192000$70,020$299,0394.272001$68,870$301,4894.382002$68,310$317,7874.652003$68,350$322,9914.732004$68,250$356,5115.222005$69,310$375,8615.422006$70,080$372,5805.322007$71,210$364,3035.122008$68,780$328,4744.782009$68,340$307,7744.502010$66,730$309,9344.642011$65,750$307,7644.682012$65,740$325,4134.952013$68,220$351,7145.162014$67,360$371,3265.512015$71,000$378,2145.332016$73,520$390,7685.322017$75,100$401,6375.352018$75,790$396,0655.232019$81,210$383,1754.722020$79,560$389,5734.902021$79,260$431,2405.442022$77,540$452,3855.832023$80,610$428,6005.32By 2004, that ratio had breached 5x for the first time, and it has rarely dipped below 5 since the Great Financial Crisis. In 2022, the ratio peaked at 5.83—an all-time high.Even with a slight pullback in 2023, the multiple remains about two times higher than it was half a century ago, signaling persistent affordability pressure.Boom-and-Bust Cycles Leave Lasting ScarsThe 2000-2006 housing boom pushed home prices up faster than incomes, inflating the ratio from 4.3 to 5.4 in just six years.After the 2008 crash, prices corrected, trimming the multiple to 4.5 by 2009.Yet incomes stagnated while credit conditions eased, allowing prices to roar back. Each bust resets the market, but the floor keeps rising—suggesting structural supply shortages and demographic demand that quick corrections cannot fully unwind.Pandemic Stimulus Supercharged Home PricesRecord-low mortgage rates and a surge in remote-work moves propelled home prices in 2020-22. Median new-home prices jumped nearly $63,000 in two years—while median incomes fell slightly.Even as interest rates climbed in 2023 and prices cooled, the typical buyer still needed more than five years of gross income to purchase a newly built home.Unless incomes rise faster or supply meaningfully expands, the era of “stretch” affordability looks set to continue.Median values are good for quick understanding but hide variance across the country. For more nuanced data, check out The Income Needed to Buy a Home in Every U.S. State on Voronoi, the new app from Visual Capitalist. Tyler DurdenMon, 07/21/2025 - 22:10
Oil Prices Dip as U.S.-EU Trade War Looms Crude Oil Prices Today | OilPrice.com‘Global oil market is oversupplied’: expert expects oil prices to fall BNN BloombergOil prices inch down on expected minimal sanctions impact Yahoo.coOil steady as little impact seen from EU sanctions on Russia CNBCOil Holds Loss as Trade Negotiations Intensify Before Deadline Bloomberg
Oil prices drifted lower early Tuesday in Asian markets, weighed down by escalating trade tensions between the world’s largest economies and mounting signs of rising crude supply. The looming threat of an economic slowdown with the potential to curb fuel demand growth is driving bearish sentiment. At the time of writing, Brent crude was down 0.71% at $68.72 a barrel, while U.S. West Texas Intermediate (WTI) crude had slipped 0.60% to $66.80 a barrel. The declines follow modest losses on Monday, with both benchmarks struggling for direction...
Trump Slams WSJ Article About Treasury Secretary Warning Him to Not Fire Fed's Powell VarietyTreasury Secretary Bessent calls for a review of 'the entire' Federal Reserve CNBCExclusive | How Bessent Made the Case to Trump Against Firing Fed Chair Powell - WSJ The Wall Street JournalScott Bessent calls for probe into ‘the entire Federal Reserve institution’ Financial TimesTrump denies another Journal report, this time on Powell, Bessent The Hill
Billionaire In-N-Out Heiress Lynsi Snyder Reveals She's Quitting California for Tennessee: 'It's Not Easy Here' Realtor.com'Business is not easy here': In-N-Out's owner is leaving California SFGATEBillionaire In-N-Out heiress Lynsi Snyder and family leaving California for Tennessee Fox BusinessIn-N-Out’s billionaire heiress is quitting California because it’s too difficult to raise kids and do business FortuneIn-N-Out billionaire Lynsi Snyder says she is leaving California: 'Doing business is not easy here' MSN
Secondary and smaller ports across the U.S. are processing less trade as shippers readjust supply chains against the latest tariff deadlines. Ports of Oakland, Jacksonville, New Orleans, and Panama City, Florida, are among those “getting sandwiched out of port calls as more shippers decide to unload their freight in the larger ports,” said Paul Brashier, vice president of global supply chain at ITS Logistics. “This is not a seasonal dip, but a market recalibration,” said a top official at Port of Oakland.Across the U.S., from California to the Gulf Coast, secondary and smaller ports are processing less trade as shippers readjust supply chain deliveries in a race against August tariff deadlines.Recent data on container volumes shows that while the nation’s busiest port, Los Angeles, has seen a sizable bump in traffic, that has come at the expense of trade activity for smaller ports, where there has been a reduction in scheduled services for imports, according to ITS Logistics’ monthly US Port/Rail Ramp Freight Index.“The ports of Oakland, Jacksonville, New Orleans, and Panama City [Florida] are getting sandwiched out of port calls as more shippers decide to unload their freight in the larger ports in an effort to get the product in before the tariffs,” said Paul Brashier, vice president of global supply chain at ITS Logistics.The Port of Oakland recently reported a 10.1% decrease month-over-month in June — year-over-year container traffic was down 13%.Port of Oakland maritime director Bryan Brandes said the softening demand is a result of the ongoing tariff uncertainty. “This is not a seasonal dip, but a market recalibration,” said Brandes. “Importers and exporters are adjusting their supply chain timing and routing decisions in response to evolving conditions,” he added.Oakland is unique among U.S. ports, maintaining a near 50/50 balance of imports and exports, with a big role in the nation’s agricultural trade. The Port of Oakland is the No. 1 refrigerated export gateway in the U.S., and nearly all containerized cargo moving through Northern California goes through the Port of Oakland.Container volumes are key economic and job drivers for a port’s local community and economic stability, and port officials have voiced concerns in recent months about the trade war risks. The Port of Oakland, along with its partners, supports more than 98,000 regional jobs and $174 billion in annual economic activity.Jobs and trade have also been a focal point for the larger ports, even amid a short-term increase in container volumes during the pause on the steepest Chinese tariff levels, which saw the Port of Los Angeles handle record monthly traffic in June.Back in its May container update, Port of LA executive director Gene Seroka said the drop in containers being moved impacted jobs. “We saw that for every two longshore members that walked into the hiring hall, one went home without work,” he said.During the more recent front-loading of Chinese goods ahead of the mid-August deadline for a trade deal before much higher tariffs kick in, port officials have stressed that they would not describe it as a “surge.”Seroka recently told CNBC that “shifting timelines simply mean shifting volume and more uncertainty here at the Port of LA. Looking into August, if everything holds the way we see it right now, I expect volume to ease because of those new tariffs being in place, making it more costly for American importers.”Smaller ports will continue to face economic pain“It’s easy to say right now, peak season is earlier than normal. Just a question of how long this will last,” Brashier said. He added that the recent trend among ocean carriers to concentrate on the largest ports like Los Angeles while skipping secondary ports like the Port of Oakland should continue.“There is too much uncertainty in the marketplace right now for companies to truly book ahead,” he said. “Companies are reassigning their logistics to be as efficient as possible in moving their decreased number of containers. It is all about margins, so when you are negotiating with logistics companies, shippers may have more negotiating power with more containers arriving at one port instead of two or three.”Comparing June and July container arrivals, the majority of the secondary ports across the U.S. are down substantially, according to trade tracker Vizion, though Oakland has seen a slight turnaround. USMOB (Mobile): +3,154 TEUs (+7.04%) USOAK (Oakland): +1,183 TEUs (+1.10%) USJAX (Jacksonville): -3,803 TEUs (−12.90%) USCHS (Charleston): -21,339 TEUs (−13.37%) USBAL (Baltimore): -14,815 TEUs (−17.65%) USMSY (New Orleans): -10,657 TEUs (−34.92%) USSEA (Seattle): -65,705 TEUs (−35.75%) USTIW (Tacoma): -60,311 TEUs (−36.01%)Josh Stein, governor of North Carolina, recently told CNBC that there has been a recent reduction in traffic at the state’s biggest port in Wilmington, a result of trade policy that “changes practically on a daily basis.”“We need to have stability, businesses need certainty, so they can figure out how and where to invest,” Stein said. More than 20% of North Carolina’s GDP in 2024 came from international trade in goods, according to data from Trade Partnership Worldwide.The outlook for Chinese exports to the U.S., according to recent SONAR data on ocean freight bookings, suggests a decline in orders headed to the U.S. in the coming weeks.Even as the stock market and economy prove resilient in the face of tariff uncertainty, U.S. companies continue to downsize orders or eliminate products that are not as popular.“Carriers are aligning service schedules, resulting in fewer sailings, fuller ships, and volume patterns that mirror the broader hesitancy in global trade,” said Brashier.There are economic reasons for shippers to maintain service across a wide portfolio of ports. Brashier said the decision to cut down on ports called on can negatively lead to higher costs. Export containers can be in different locations, which can impact availability, and truck transportation costs can be anywhere between two and four times what is typical.“Normally, a company’s distribution center is near the port where they traditionally bring their freight in,” Brashier said. “If their containers are now being offloaded at another port, that means that container pickup, which was originally a local pickup, could morph into a 400 to 500-mile trucking job. The more miles a trucker travels to pick up a container and return, the more expensive that freight move will be.”
Tabor Asset Management LP cut its stake in Williams-Sonoma, Inc. (NYSE:WSM – Free Report) by 2.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,195 shares of the specialty retailer’s stock after selling 820 shares during the period. Williams-Sonoma makes up [...]
Community Heritage Financial, Inc. (OTCMKTS:CMHF – Get Free Report) declared a quarterly dividend on Monday, July 21st, RTT News reports. Shareholders of record on Friday, August 1st will be paid a dividend of 0.08 per share on Friday, August 8th. This represents a $0.32 annualized dividend and a yield of 1.26%. Community Heritage Financial Price [...]
Souders Financial Advisors cut its holdings in EOG Resources, Inc. (NYSE:EOG – Free Report) by 34.0% during the first quarter, Holdings Channel reports. The institutional investor owned 3,699 shares of the energy exploration company’s stock after selling 1,902 shares during the period. Souders Financial Advisors’ holdings in EOG Resources were worth $474,000 as of its [...]
Crestwood Advisors Group LLC lifted its holdings in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 0.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 130,832 shares of the oil and gas company’s stock after buying an additional [...]
Crestwood Advisors Group LLC lifted its position in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 3.6% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 339,568 shares of the semiconductor company’s stock after purchasing an additional 11,873 shares during the quarter. Crestwood Advisors Group LLC’s holdings in Lam Research were worth [...]
Wealth Dimensions Group Ltd. trimmed its position in Southern Company (The) (NYSE:SO – Free Report) by 2.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,684 shares of the utilities provider’s stock after selling 224 shares during the period. Wealth [...]
1776 Wealth LLC lowered its position in shares of Truist Financial Corporation (NYSE:TFC – Free Report) by 22.7% in the first quarter, Holdings Channel reports. The institutional investor owned 5,100 shares of the insurance provider’s stock after selling 1,500 shares during the period. 1776 Wealth LLC’s holdings in Truist Financial were worth $210,000 as of [...]
Tabor Asset Management LP decreased its position in Tapestry, Inc. (NYSE:TPR – Free Report) by 21.8% in the 1st quarter, HoldingsChannel reports. The firm owned 65,155 shares of the luxury accessories retailer’s stock after selling 18,130 shares during the period. Tapestry makes up about 1.2% of Tabor Asset Management LP’s holdings, making the stock its [...]
Crestwood Advisors Group LLC increased its position in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 3.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 339,568 shares of the semiconductor company’s stock after purchasing an additional 11,873 shares during [...]
U.S. Leading Indicators Show Economic Clouds Gathering The Wall Street JournalLeading Economic Index slips in June Staffing Industry AnalystsLeading economic index points to recession. It may be another false signal, economist says. MarketWatchU.S. Leading Economic Index Dips Slightly More Than Expected In June NasdaqLeading Indicators declines on weaker orders, low consumer expectations in June MSN
Freeport-McMoRan (NYSE:FCX) has outperformed the market over the past 10 years by 2.37% on an annualized basis producing an average annual return of 14.04%. Currently, Freeport-McMoRan has a market capitalization of $65.91 billion. Buying $1000 In FCX: If an ...Full story available on Benzinga.com
Read the full article hereThe post Dollar Dominance Monitor cited in Politico appeared first on Atlantic Council.
Toronto startup Cosm Medical is using AI-powered software, 3D printing and a highly personalized approach to produce tailor-made prosthetics.
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MONTREAL, July 20, 2025 /PRNewswire/ - SYDNEY, Australia – July 21, 2025 Patriot Battery Metals Inc. (the "Company" or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to advise that Ken Brinsden, the Company's President, CEO and Managing Director, will host a live...
Multi-Billion Dollar Boondoggle: Biden Admin Plan For Electric Mail Trucks Flops Massively A Biden administration effort to electrify the U.S. Postal Service has produced just 250 electric mail trucks in over two years—far behind schedule and slammed by Republicans as a multibillion-dollar "boondoggle."The nearly $10 billion project aimed to roll out 35,000 battery-powered USPS vehicles by September 2028, with $3 billion funded through President Biden’s 2022 Inflation Reduction Act (IRA), according to the NY Post.But despite $1.7 billion already spent, only a small portion of the fleet exists, prompting Republicans to push for canceling the remaining $1.3 billion in funding.“Biden’s multi-billion-dollar EV fleet for the USPS is lost in the mail and more than $1 billion is postmarked to order more,” said Sen. Joni Ernst (R-Iowa).“I am working to cancel the order and return the money to the sender, the American people.”Wisconsin-based Oshkosh was awarded $2.6 billion to build the trucks. Yet as of late 2024, just 93 had been delivered—far short of the 3,000 expected. Production has been plagued by engineering issues, including airbag calibration failures and leaks so bad water poured out of the trucks.“This is the bottom line: We don’t know how to make a damn truck,” one insider told The Washington Post.The Post wrote late last week that a 2022 attempt by an Oshkosh executive to warn USPS about the problems was blocked by superiors. Former Postmaster General Louis DeJoy reportedly distanced himself from the delays.“I’m in the parcel delivery business, not the vehicle manufacturing business,” he told colleagues.By mid-2025, Oshkosh’s factory was producing only one truck per day—far below its projection of 80. The cost per vehicle: $77,692 for 28,195 units. USPS says it has ordered 51,500 Next Generation Delivery Vehicles (NGDVs), including 35,000 battery electric models. To date, just over 250 electric NGDVs have been delivered.USPS also ordered 9,250 Ford E-Transit EVs, nearly 8,000 of which have arrived.“Modernization of the Postal Service’s delivery fleet is part of the organization’s $40 billion investment strategy,” a USPS rep said.The new trucks are meant to replace aging Grumman Long Life Vehicles from 1987, which are noisy, costly, inefficient, and known to catch fire.Despite Biden’s goal for a fully electric USPS fleet by 2026, the project has stalled. In a February 2025 report, the Government Accountability Office listed USPS as “high risk,” citing its inability to fund its services.USPS lost $9.5 billion in fiscal year 2024. Former President Donald Trump proposed merging it with the Department of Commerce.“[USPS has] been just a tremendous loser for this country... We want to have a post office that works well and doesn’t lose massive amounts of money,” he said.Now, new Postmaster General David Steiner, appointed in July 2025, inherits the troubled program just as USPS approaches its 250th anniversary. Tyler DurdenSun, 07/20/2025 - 22:45
As pitches from founders come flooding in, one investor has revealed how VCs use a historic “law” to identify the best investments.“The power law in venture capital basically means that a small number of investments generate the vast majority of returns. So essentially, one or two massive winners outweigh all other investments combined,” Peter Specht, general partner at European VC firm Creandum, told CNBC Make It in an interview.He described it as “significant in decision-making for VCs.”The power law originates from the work of late-19th-century Italian economist Vilfredo Pareto. He noticed that 20% of the pea pods in his garden produced 80% of the peas, and applied this observation to economic conditions and wealth disparity.Specht explained that, as VCs often finance ideas that are risky and innovative, they know that some of these startups will fail. But the returns from the companies that succeed can become “massive winners,” which “outweigh all other losses or smaller exits,” he said.“From a return perspective, you want to really hit the outliers. We want the Spotifys, the Revoluts, the Klarnas,” he said.“Outcomes at that size, or that scale, return more capital to investors and founders than five, billion-dollar exits. A $50 billion exit is way bigger than five $1 billion exits.”‘Pitch why it can become so big’Although the route to securing venture capital in Europe is improving, there’s still some way to go, according to Atomico’s State of European Tech Report 2024.In fact, the average seed round — the first official round of fundraising — in Europe was $1.4 million last year, compared to $3 million in the U.S., Atomico found. It’s even harder at the growth stage, with American startups twice as likely to raise funding rounds of more than $15 million.Some 60% of respondents told Atomico in 2024 that it was harder to raise external finance compared to the previous year.Specht said one key way to convince VCs that you’re building the next Spotify or Revolut is to show that your company has “outsized-outcome potential.”“You need to pitch why it can become so big, why it can become a category-defining company,” he said.This includes explaining how you’re tackling the market and how the product can expand over time. At the seed stage, having an early product or pilot users with positive feedback can help.If you don’t have the product yet, there needs to be evidence that the product is filling a gap in the market and is offering a genuine solution to customers.VCs also look for “exceptionally strong and ambitious founders,” Specht said, adding that he wants to understand their motivation and drive.“One thing we obviously ... like to see is if founders have a spike in a particular area, or a skill, and shown excellence in that,” he said.This could be work-related, such as having technical or leadership capabilities, or even excelling in sports or studies.‘Visionary storytelling’Given the gap between fundraising in Europe and the U.S., Harry Stebbings, the founder of 20VC, identified a difference in the way founders pitch.American founders tend to be more bold and ambitious, Stebbings said, compared to their counterparts across the Atlantic.“I don’t think Europeans are as good fundraisers [as Americans]. We need to tell better stories. We need to market ourselves better. We are too self-deprecating,” he told CNBC Make It.Some founders have even been “badly” advised to include “exit slides” in their pitches, Stebbings added. “That makes me feel sick, like I’m planning my divorce when I get married.”While Specht disagrees that European founders lack ambition, he thinks that startups in the region could tell better stories.“We have people and founders that dream really big and want to build massive companies,” he said. “In the general culture between Europe and the U.S., I think U.S. founders and Americans are pretty good in storytelling and also pretty good salespeople.”“There, we can focus on being even more bold, having an even more refined and visionary storytelling,” Specht added.
U.S. Treasury yields were lower on Monday as investors weighed the state of the U.S. economy and considered the latest trade developments.At 5:33 a.m. ET, the 10-year Treasury yield was over 5 basis points lower at 4.379%. The 2-year yield was more than 2 basis points lower at 3.85%. The 30-year yield was also over 4 basis points lower at 4.95%.One basis point is equal to 0.01% and yields and prices move in opposite directions.It’s quiet on the economic data front this week, but investors will await the leading indicators reading for June on Monday, slated to be released at 10 a.m. ET.They will keep an eye on Federal Reserve Chairman Jerome Powell’s speech on Tuesday morning, existing home sales data for June on Wednesday, weekly initial jobless claims on Thursday, and durable goods orders on Friday.The Fed is currently in a blackout period — a policy that limits Fed officials from speaking publicly ahead of the Federal Open Market Committee meeting next week where monetary policy decisions will be made, including interest rate cuts. The blackout period began on Saturday.Investors are also monitoring the latest trade news. Over the weekend, the White House reiterated that countries must begin paying tariffs from Aug. 1. On Sunday, U.S. Commerce Secretary Howard Lutnick said it’s a “hard deadline,” but said countries can still negotiate the tariffs after that date.“Nothing stops countries from talking to us after August 1, but they’re going to start paying the tariffs on August 1,” Lutnick said.
NYU finance professor Aswath Damodaran is urging caution regarding corporate Bitcoin holdings, which have gained traction in recent years, with just four notable exceptions. Check out the current price of MSTR stock here.What Happened: On Saturday, in a post on X, Damodaran said that while the strategy has gained traction thanks to Strategy Inc.'s (NASDAQ:MSTR) outsized bets and Michael Saylor's cult-like status, it's fundamentally flawed for most firms.“In the last few years, Strategy has become a Bitcoin SPAC, with investors attributing savant-like status to Michael Saylor,” he says, noting that this has led more companies to shift their cash holdings into Bitcoin, which he views as “a bad idea, but there are four carveouts.”See Also: Stock Of The Day – Breakout Time For MicroStrategy?The renowned valuation expert outlines the exceptions for when, if ever, Bitcoin should be included on a corporate balance sheet. The first is companies whose leadership is especially skilled in trading the digital currency, “much better at timing trades than the average investor.”However, Damodaran warns that “the peril is that perception is not always reality,” highlighting the risks of misplacing trust in a CEO’s trading acumen in volatile markets like crypto. The second exception includes firms that use Bitcoin for day-to-day operations. “The bitcoin holdings should be proportional to bitcoin transactions, and operate more like working capital than investing bet,” he says, pointing ...Full story available on Benzinga.com
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The U.K. finds itself in something of a sweet spot when it comes to trade, given it has deals with both the U.S. and European Union. That’s a turnaround after the uncertainty that followed the 2016 Brexit referendum, which prompted businesses to shift operations to mainland Europe and exports to fall. President Donald Trump’s threatened 30% tariffs on the EU might drive some businesses to reconsider the U.K.Jason Alden | Bloomberg Creative Photos | Getty ImagesA European Union (EU) flies alongside a British Union flag, also known as a Union Jack in London.In 2016, the U.K.’s vote to leave the EU prompted many businesses to shift operations to the European continent, taking investment and headcount with them.Fast forward to 2025, and the specter of U.S. President Donald Trump’s 30% trade tariffs on the EU, which will kick in on Aug.1 unless a trade deal is reached, could bring them back.“The U.K. could be a big indirect winner” if the threatened U.S. duties on the EU become a reality, according to Alex Altmann, partner and head of the German desk at London-based accountancy and business advisory firm Lubbock Fine.“If the tariff rate for the EU finally ends up anywhere near this 30% level then the U.K.’s much lower U.S. tariffs would offer a major incentive for EU companies to shift some of their manufacturing to the U.K. or to expand their existing U.K. facilities,” he noted in emailed comments. Chris Ratcliffe | Bloomberg | Getty ImagesA Range Rover Sport SUV on the production line at car manufacturing plant in Solihull, U.K.“The U.K. has a lot of spare manufacturing capacity after Brexit. A big gap between U.K. and EU tariffs would be a major opportunity for the U.K. to regain some of its lost status as a key European manufacturing hub,” added Altmann, who is also the vice president of the British Chamber of Commerce in Germany.As things stand, the U.K. has already struck a trade deal with the U.S. that reduces duties on cars to 10% and grants it the lowest duty on steel imports. London also has a “reset” deal with the EU, after the Labour government under Prime Minister Keir Starmer — who was opposed to Brexit — carved out a trade agreement following years of post-referendum acrimony.The post-Brexit trade landscapeThe sweet spot the U.K. now finds itself in comes after several years of uncertainty and angst for businesses, as they’ve tried to navigate a post-Brexit world of more red tape and barriers to export.That’s been an ongoing gripe for exporters, given that the 27-country EU remained the U.K.’s largest trading partner after Brexit was finally enacted in 2020. The EU accounted for more than 50% of Britain’s foreign trade in goods in 2024, according to the European Commission.Read moreTrump’s 50% steel tariffs hit the world but UK spared full blowTrump says U.S. has struck ‘comprehensive’ deal with UKUK and European Union agree to post-Brexit reset dealA number of big businesses, and particularly financial services firms such as Goldman Sachs and JPMorgan, sought to avoid the transnational regulatory complexities of the post-Brexit landscape by relocating operations and assets to other financial hubs in the EU, such as Dublin, Paris, Amsterdam and Frankfurt. The exodus was ultimately not as dramatic as was initially feared.Supporters and critics argue over the merits and disadvantages of Brexit and the divorce from the EU’s single market and customs union, as well as the free movement of goods and people that came with EU membership. Yet most economists agree that Brexit dented U.K. exports, jobs and economic growth.The Office for Budget Responsibility, the U.K.’s independent forecaster, estimates that exports and imports will be around 15% lower in the long run, compared to if the U.K. had remained in the EU. Although economists argue over the impact on the wider economy, it’s generally agreed that the U.K.’s GDP is around 5% lower than it would have been, had Britain not voted to leave the bloc.Tariffs windfall? Not so fastWhile the U.K. is reveling in its newfound harmony with its American and European business partners, the extent of any windfall that comes as a result of the EU’s trading pain with the U.S. remains to be seen.It remains unclear whether Trump’s planned 30% tariff on the bloc will actually go ahead on Aug.1. The U.S. president’s mercurial nature means the ultimate levy rate could go higher — he previously threatened a 50% tariff — or lower, toward the baseline 10% level that the EU is pursuing.Not everyone agrees that the U.K. could benefit from trade misfortunes that befall the EU, whatever the outcome of last-ditch talks between Brussels and Washington.“First of all, the 30% tariffs for the EU, they’re not a given,” Carsten Nickel, managing director at Teneo, told CNBC last week, pointing out that any potential post-tariffs shift in business investment from Europe back to the U.K. would be unlikely to happen quickly.Jonathan Ernst | ReutersPresident Donald Trump attends a bilateral meeting with European Commission President Ursula von der Leyen during the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 21, 2020. “If we were to talk about moving production facilities from Europe to the U.K. because the U.K. has a deal with the U.S. — the time horizon for that is a multi-year, if not decade-long, kind of time horizon,” he said.In addition, Nickel noted that the U.K.’s strength remained in financial services rather than in manufacturing, which remains more prevalent in export-oriented countries like Germany and Italy.“The reality is that the U.K.’s comparative advantage is not in high-end manufacturing ... so the idea that you’re going with this stuff that you’re currently producing in, say, Germany and Switzerland, and you’re moving that to the U.K. tomorrow ... it’s just not a decision that that a business leader in Europe can take just like that,” Nickel said.
The 13-year-old step-grandson of television star Dog the Bounty Hunter was fatally shot by his father in a tragic accident, sources tell TMZ . Gregory Zecca, the son of the reality star's wife Francie from a previous marriage, was at his Florida apartment with his son, Anthony, when the shooting took...
Amber Kanwar’s Weekly Setup: What investors need to know about the big earnings week ahead The Globe and MailStock market today: Dow, S&P 500, Nasdaq inch higher to start busy week of Big Tech-dominated earnings Yahoo FinanceS&P 500, Nasdaq hit record highs as traders await big tech earnings, eye trade developments: Live updates CNBCU.S. stocks edge higher ahead of a busy week of profit reports CTV NewsStock Market Today: Dow Rises Ahead Of Alphabet, Tesla Earnings; Verizon Jumps On Earnings (Live Coverage) Investor's Business Daily
GDXY benefits from higher implied volatility and a weaker dollar, which support gold prices and option premiums. Read why GDXY ETF is a Hold.
Sweeping cuts to science funding and staffing throughout the federal government are designed to help Big Oil, not Americans. The post Galileo Galilei And The End Of Science appeared first on CleanTechnica.
Run, Kamala, Run! (But Would She Lose?) Authored by Arthur Schaper via American Greatness,Former District Attorney, California Attorney General, US Senator, and Vice President Kamala Harris will make her big announcement this summer. Not about seeking a second, er, third bid for the White House in 2028. It’s all about 2026. Will she or won’t she run for California governor?California Democratic Party brass are weighing whether to give her another chance. Newsom’s polling keeps going down, while Kamala has seen a bump. Unlike the rest of the country, Californians are willing to work with the woke, broke, or joke of a Democratic Party. Trump Derangement Syndrome also lingers on in the Left Coast, and we won’t know whether Los Angeles (or even San Francisco) has learned their lessons. Voting for Kamala is one way to stick it to Trump and his agenda.One would think that California is moving in the right direction, though. I have mocked Newsom’s not-so-subtle intentions for president, and even in California, there has been increased movement to the right in terms of common sense on crime. Better people are getting elected locally, but California’s district attorneys, sheriffs, and mayors are non-partisan offices. Statewide constitutional offices, however, still carry the party label, so voters draw partisan conclusions. Californians have not welcomed the Republican brand yet, although there is improvement. For 2026, one poll suggested that 48% of Californians were willing to elect a Republican for governor.Only 48%, though? It’s a terrible thought to consider, but have Californians not suffered enough? What is the matter with this state? Maryland, Massachusetts, and even Vermont have elected Republican governors in the last ten years. Are they still feeling burned because of Schwarzenegger? He didn’t live up to all the conservative hype, but he did some good.Maybe voters are still suffering the hangover from Governor Pete Wilson and Prop 187 in 1994, which ruined everything for Republicans. However, President Trump has adopted a Pete Wilson-style stance on stopping illegal immigration, and he is following through on those commitments and getting higher approval ratings. Trump lost California to Harris, but she didn’t crack 60%. Californians are tired of illegal immigration, crime, corruption, $8 a gallon gas, boys in girls’ sports, and the public-school perversion, too.There is a chance for a Republican to break through.Will Kamala Harris do the full Richard Nixon? He ran for president in 1960 and lost; then he ran for governor in 1962 and lost again. Harris lost her primary bid in 2020, lost the general election bid in 2024, and will possibly lose in 2026. Republicans have a shot at the Sacramento top spot.The self-assured gaslighting from Democrats is heartening for our cause. Congressman Ro Khanna (D-East Bay somewhere crazy) suggested that Harris can fix the problems piling up in California.Sure, Ro.Harris’ speeches are nothing but a pile-up of platitudes and pablum. She burned through $2 billion of campaign funds, lost all swing states, and even the popular vote (not that it matters, since we are a republic, not a democracy). During the 2024 campaign, I was struck by the number of California Democratic incumbents who were debating their Republican challengers, even in my little assembly district in the South Bay. Adam Schiff debated Steve Garvey for the US Senate, too, though the polling indicated that Schiff was going to shiv the voters with his win in the US Senate. Why did they all debate?Kamala was dragging down the ticket, based on the Democrats’ own internal 2024 polling. Some reports exposed that she was never ahead of Trump, despite the initial reported polling bump when she bumped Joe Biden off the ballot. Could she strike out again and drag the Democratic ticket across the Golden State? The left-wing Resistance has reared its confused head, and they want to stick it to Trump and the Republicans. However, if Trump’s positive numbers hold and he fulfills key promises on border security, crime, and the economy, the lingering failures of the Biden regime could sting and stink up Kamala’s campaign.One thing’s for sure: if she jumps in, she all but clears the field on the Democratic side. Harris’s biggest Democratic challenger is former Congresswoman Katie Porter, who has burned bridges with the California Democratic establishment because she challenged Feinstein while she was still alive. Porter has pissed off the progressives as a performative politician rather than a purposeful policymaker since she claimed “rigged elections” against Adam Schiff during the 2024 US Senate primary, echoing the “MAGA talking points” about Election 2020. The intersectionality factors are clearly in Harris’s favor: she’s female, black, Asian-Indian (depending on which cameras are rolling), and has no redeeming leadership qualities whatsoever, i.e., the perfect diversity hire.Republicans must coalesce around one candidate as well. So far, Riverside County Sheriff Chad Bianco has announced having won two county-wide races, taking a stand on statewide issues, standing up for parental rights, and enacting shall-issue for concealed carry weapons permits in his county. Steve Hilton, a Fox News pundit with broad appeal and media savvy, has also jumped into the race. For Republicans to capitalize on this opportunity, they need to focus on key issues that have propelled recent conservative victories across the state. In 2020, voters rejected efforts to repeal Prop 209, which had ended affirmative action in hiring and college admissions. Voters have rejected school bonds and minimum wage hikes, yet supported a restored crackdown on crime. Republicans should not run from Trump, but they can’t coast on him either. They should tie every negative from the Biden regime to Kamala’s incompetence. Word has it that since some high-up Democrats like Maxine Waters and Nancy Pelosi loathe the woman, key Democratic Party leaders won’t roll out the red—or rather blue—carpet for her campaign, either. James Carville said it best: “These fundraisers are burnt,” and they won’t want to burn more of their hard-earned campaign cash on crappy Kamala.All of this can help the GOP retake the California governor’s mansion. But will it be enough? Tyler DurdenSun, 07/20/2025 - 22:10
U.S. stock futures moved higher early Monday as investors tracked the latest developments in trade and awaited the start of big tech earnings this week.Dow Jones Industrial Average futures added 117 points, or 0.26%. S&P 500 futures rose 0.24%, while Nasdaq 100 futures increased by 0.29%.Trade was once again in focus as the White House reiterated its position on tariffs. On Sunday, U.S. Commerce Secretary Howard Lutnick called Aug. 1 the “hard deadline” for countries to start paying tariffs, though he also added that “nothing stops countries from talking to us after August 1.”Wall Street is coming off a winning week for the S&P 500 and Nasdaq, both of which continued to notch all-time highs. The S&P 500 ended the week higher by 0.6%, while the Nasdaq climbed 1.5%. The Dow ended the week slightly lower.The moves come on the heels of a solid start to earnings season. Of the 59 S&P 500 companies that have reported thus far, more than 86% have topped expectations, according to FactSet data.The major averages could receive a boost in the week ahead if Alphabet and Tesla — the first of the so-called Magnificent Seven companies set to report — manage to beat estimates. The megacaps are expected to be a major driver of earnings growth during the second-quarter earnings season. FactSet’s John Butters expects the Magnificent Seven will post earnings growth of 14% in the second quarter, while the other 493 S&P 500 companies are seen posting growth of just 3.4%.“We’re at an all time high for the [S&P 500] right at the beginning of earnings season,” said Mark Malek, investment chief at Siebert Financial, adding, “If we can get through this earnings season with not too many major failures, I think that is really, really important at this point, if we want to continue this upward momentum that we have in the market.”On the economic front, the June reading for leading indicators, which are predictive metrics for the overall market and economy, is scheduled for release on Monday at 10 a.m. ET.Verizon Communications and Domino’s Pizza are among the companies set to report earnings Monday.Aug. 1 is ‘hard deadline’ for tariffs, Commerce Secretary Lutnick saysCommerce Secretary Howard Lutnick said Sunday that Aug. 1 is the deadline for countries to begin paying tariffs to the United States, but said that “nothing stops countries from talking to us after August 1.”“That’s a hard deadline, so on August 1, the new tariff rates will come in,” Lutnick said on CBS News, when asked about the deadline for his tariffs on the European Union.President Donald Trump’s tariff deadline has shifted since he announced his steep levies on trading partners on April 2, but White House officials now maintain that Aug. 1 is a firm deadline.“Nothing stops countries from talking to us after August 1, but they’re going to start paying the tariffs on August 1,” Lutnick said.— Erin Doherty, Sarah MinStock futures open little changedStock futures opened little changed Sunday night.Dow Jones Industrial Average futures fell by 18 points, or 0.04%. S&P 500 futures gained 0.02%, while Nasdaq 100 futures traded flat.— Sarah Min
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In DoubleVerify To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in DoubleVerify between November 10, 2023 and February 27, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, July 20, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against DoubleVerify Holdings, Inc. ("DoubleVerify" or the "Company") (NYSE:DV) and reminds investors of the July 21, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading ...Full story available on Benzinga.com
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Less selection, higher prices: How tariffs are shaping the holiday shopping season AP NewsView Full Coverage on Google News
The iconic superstar singer adds 54 shows in 2026 to his Vegas residency.
Morse Asset Management Inc boosted its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) by 4.4% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,889 shares of the exchange traded fund’s stock after purchasing an additional 121 shares during [...]
OneAscent Financial Services LLC boosted its holdings in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV – Free Report) by 103.2% in the 1st quarter, Holdings Channel reports. The fund owned 232,610 shares of the company’s stock after acquiring an additional 118,135 shares during the quarter. Vanguard Short-Term Bond ETF accounts for 1.2% of OneAscent Financial [...]
Aspen Capital Management LLC acquired a new stake in iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 14,000 shares of the exchange traded fund’s stock, valued at approximately $1,144,000. iShares MSCI EAFE ETF comprises about 0.4% of Aspen [...]
Calton & Associates Inc. increased its position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT – Free Report) by 82.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,351 shares of the company’s stock after purchasing an additional 3,773 shares [...]
Mosaic Advisors LLC grew its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 81.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,912 shares of the company’s stock after buying an additional 2,199 shares during the quarter. [...]
Elyxium Wealth LLC raised its holdings in Bank of America Corporation (NYSE:BAC) by 230.2% in the 1st quarter, Holdings Channel reports. The institutional investor owned 15,488 shares of the financial services provider’s stock after acquiring an additional 10,798 shares during the period. Elyxium Wealth LLC’s holdings in Bank of America were worth $646,000 at the [...]
OneAscent Family Office LLC raised its position in BlackRock (NYSE:BLK – Free Report) by 57.6% during the first quarter, HoldingsChannel.com reports. The firm owned 323 shares of the asset manager’s stock after purchasing an additional 118 shares during the period. OneAscent Family Office LLC’s holdings in BlackRock were worth $305,000 at the end of the [...]
OneAscent Family Office LLC acquired a new position in Alibaba Group Holding Limited (NYSE:BABA – Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 1,793 shares of the specialty retailer’s stock, valued at approximately $237,000. Several other institutional investors have [...]
South Dakota Investment Council grew its position in Lockheed Martin Corporation (NYSE:LMT – Free Report) by 5.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,030 shares of the aerospace company’s stock after buying an additional 880 shares [...]
Mosaic Advisors LLC cut its stake in shares of Vanguard Total International Stock ETF (NASDAQ:VXUS – Free Report) by 12.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 333,529 shares of the company’s stock after selling 46,570 shares during the quarter. Vanguard Total [...]
Mowery & Schoenfeld Wealth Management LLC decreased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 35.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,294 shares of the company’s stock after selling 701 shares during the [...]
Mowery & Schoenfeld Wealth Management LLC decreased its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO – Free Report) by 61.1% during the first quarter, HoldingsChannel reports. The institutional investor owned 422 shares of the company’s stock after selling 664 shares during the period. Mowery & Schoenfeld Wealth Management LLC’s holdings in iShares [...]
Morse Asset Management Inc lessened its stake in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 8.9% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,093 shares of the manufacturing equipment provider’s stock after selling 302 shares during the quarter. Morse Asset Management [...]
OneAscent Financial Services LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) by 102.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 124,870 shares of the company’s stock after purchasing an [...]
Morse Asset Management Inc raised its position in BlackRock (NYSE:BLK – Free Report) by 111.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 811 shares of the asset manager’s stock after buying an additional 428 shares during the [...]
CEF market was mostly lower this week, with REIT and MLP sectors underperforming. Check out CEF market valuation and performance through the second week of July.
US Revokes Visas For Brazilian Judge, His Allies Over Bolsonaro Prosecution U.S. Secretary of State Marco Rubio announced late Friday that he has revoked the visas of Brazilian Supreme Court Justice Alexandre de Moraes, his “allies on the court,” and their close relatives, citing an ongoing “political witch hunt” targeting former Brazilian President Jair Bolsonaro and “censorship of protected expression in the United States.”The decision came hours after Brazil’s Supreme Court ordered police to search Bolsonaro’s home and attach an electronic monitor to the former leader’s ankle. Bolsonaro, who has already had his passport confiscated, is now also subject to a nightly and weekend curfew.Under the same order signed by de Moraes, Bolsonaro is barred from using social media, communicating with foreign diplomats, or getting close to foreign embassies. Earlier this year, he was denied a request to temporarily get his passport back so he could attend President Donald Trump’s second inauguration ceremony.Separately, de Moraes is leading an aggressive investigation into so-called “digital militias” accused of spreading disinformation and hate speech during the Bolsonaro administration.Last year, he temporarily banned X across the country after the Elon Musk-owned social media platform refused to remove certain accounts—many linked to Bolsonaro supporters—that de Moraes said had violated Brazilian law.As Bill Pan reports for The Epoch Times, Rubio condemned the court’s actions as politically motivated repression.“President Trump made clear that his administration will hold accountable foreign nationals who are responsible for censorship of protected expression in the United States,” Rubio said in a statement.“Brazilian Supreme Federal Court Justice Alexandre de Moraes’s political witch hunt against Jair Bolsonaro created a persecution and censorship complex so sweeping that it not only violates basic rights of Brazilians, but also extends beyond Brazil’s shores to target Americans,” he continued.“I have therefore ordered visa revocations for Moraes and his allies on the court, as well as their immediate family members, effective immediately.”De Moraes is presiding over Bolsonaro’s trial, in which the former president faces charges of an attempted coup related to the Jan. 8, 2023, protests at Brazil’s federal government buildings.Authorities allege the protests were part of a broader conspiracy to overturn the 2022 election results that brought Bolsonaro’s left-wing rival Luiz Inácio Lula da Silva to power.Bolsonaro has consistently denied wrongdoing or any involvement in the alleged coup plot. He has not been convicted, but is nonetheless barred from running for public office until 2030.His treatment has become a flashpoint in the escalating standoff between the Trump and Lula administrations. Last week, the U.S. president threatened to impose a 50 percent tariff on Brazilian goods unless Bolsonaro’s prosecution was dropped.Trump also cited Brazil’s non-tariff trade barriers in his decision to impose the new tariff rate. Meanwhile, Brazil is one of the roughly two dozen countries that run a trade deficit with the United States, while almost all other countries targeted by Trump’s tariff measures post large surpluses.“There will be no Tariff if Brazil, or companies within your Country, decide to build or manufacture product within the United States and, in fact, we will do everything possible to get approvals quickly, professionally, and routinely—in other words, in a matter of weeks,” Trump wrote.Following Friday’s police raid, Bolsonaro’s son, Senator Flávio Bolsonaro, took to social media to urge Trump to “suspend the 50 percent tariff on Brazilian imports and impose individual sanctions instead.”The post was later deleted.Lula has dismissed Trump’s accusations of unfair trade practices as false and denounced Rubio’s visa revocations as improper interference in Brazil’s judiciary.“The interference of one country in another’s justice system is unacceptable and violates the basic principles of respect and sovereignty among nations,” Lula wrote on X.“I am certain that no form of intimidation or threat, from anyone, will compromise the most important mission of national powers and institutions, which is to act permanently in defense and preservation of the Democratic Rule of Law.” Tyler DurdenSat, 07/19/2025 - 22:45
The patient lay prone on the operating table. The operating theatre was the final stop, for a vasectomy to allow Yong to join a mixed troop of rescued monkeys without risk of breeding.
What Is Your Marginal Tax Rate? Authored by Anne Johnson via The Epoch Times (emphasis ours),The highest tax rate you'll pay on your income is called the marginal tax rate. The United States has a progressive tax system, which means that different tiers of income are taxed at varying rates.Rrraum/ShutterstockYou should know how the marginal rate works when planning your tax filings. This can be especially important if you receive bonuses from work or have other streams of income.Marginal Tax Rate Depends on Last Dollar of IncomeWhen people discuss what tax bracket they are in, they usually give a flat number. They may say they’re in the 22 percent tax bracket. But that isn’t entirely true. You may fall into the 22 percent tax bracket, but your total income isn’t taxed at 22 percent.When people state this, they are usually talking about their marginal tax rate. Your marginal tax rate is the percentage of tax you pay on your last dollar of income. This means it’s the last tax bracket into which your income falls.Keep in mind that with a progressive tax, you’re taxed at different rates according to how your income is tiered.Using a single filer as an example, the IRS tax brackets for tax year 2025 are:10 percent: for income $11,925 or less12 percent: for income over $11,92522 percent: for income over $48,47524 percent: for income over $103,35032 percent: for income over $197,30035 percent: for income over $250,52537 percent: for income over $626,350An example of the marginal tax would be using single filer Frank with a taxable income of $50,000 (deductions have already been applied in this example).Frank would be taxed:10 percent on the first $11,925, which equals $1,192.5012 percent on the next $36,550, which equals $4,38622 percent on the remaining $1,525, which equals $335.50Frank’s marginal tax rate is 22 percent because it’s the rate applied to his last dollar of income. That 22 percent doesn’t apply to all his income.It’s important to know your marginal tax rate. It can help you make decisions concerning bonuses, investments, or other earnings. The marginal rate will inform you of the top tier of your tax rate.What Is the Effective Tax Rate?The effective tax rate is the average rate you’ll pay on all your income. It gives you a more accurate picture of your tax burden.To find your effective rate, divide your total tax liability by your total taxable income and multiply by 100.So, Frank, with $50,000 in income and a $5,914 tax liability, would have an effective tax rate of 11.83 percent. In other words, 11.83 percent of Frank’s income would go toward paying federal taxes.Can Tax Credits Lower Your Marginal Tax Rate?Tax credits like the Child Tax Credit will not lower your marginal tax rate. The Child Tax Credit under the One Big Beautiful Bill Act for 2025 is $2,200—with adjustments for inflation—according to the U.S. House Committee on Ways and Means.This tax credit isn’t used to lower your income; it reduces your tax liability. So, using Frank’s tax liability amount of $5,914, he could apply the tax credit and now owe $3,714.How to Lower Your Marginal Tax RateThere are several ways to lower your marginal tax rate. Start with maximizing your retirement contributions. You can lower your taxable income dollar-for-dollar with yearly contributions to a 401(k), a traditional IRA, or other retirement accounts.For example, the maximum 401(k) limit in 2025, according to the IRS, is $23,500, and the traditional IRA limit is $7,000.Health savings accounts (HSAs) can also help lower your taxable income. According to the IRS, an individual with self-only coverage under a high deductible health plan can contribute a maximum of $4,300 to an HSA.If you expect a large bonus at the end of the year, you may want to consider deferring it to next year. This especially works if you anticipate an income reduction in the future. You may want to ask to defer a severance if you are laid off. In fact, any payments that you could defer may help reduce your marginal tax rate.If you must take a required minimum distribution (RMD), which could affect your marginal tax rate, consider donating to charity. Eligible IRA owners can make a qualified charitable distribution (QCD) up to $108,000 per individual for tax year 2025, according to the IRS. Payments must be made directly from the IRA to the qualified charity in order to avoid the amount being applied to your income.Marginal Tax Rate Determines Additional Amount PaidThe marginal tax rate helps you think about future earnings. For example, if you are considering taking a new job with a large pay raise, it may push you into a higher marginal tax rate. You should know what that will be so you can understand the tax implications.Likewise, if you are anticipating selling something for a profit, knowing your marginal tax rate can help you determine when to sell.The Epoch Times copyright © 2025. The views and opinions expressed are those of the authors. They are meant for general informational purposes only and should not be construed or interpreted as a recommendation or solicitation. The Epoch Times does not provide investment, tax, legal, financial planning, estate planning, or any other personal finance advice. The Epoch Times holds no liability for the accuracy or timeliness of the information provided. Tyler DurdenSat, 07/19/2025 - 22:10
Almost 75% of American Teens Have Used AI Companions, Study Finds ScienceAlertA.I. Is About to Solve Loneliness. That’s a Problem The New YorkerTeens flock to companion bots despite risks AxiosKids are asking AI companions to solve their problems, according to a new study. Here’s why that’s a problem CNNWhat is pathological productivity and how can you avoid it? Expert explains MSN
Positive economic data, coupled with strong corporate earnings, lifted investor sentiment.
How China Built a Global Port Network The Wall Street JournalChina threatens to block Panama ports deal unless its shipping giant gets stake, WSJ reports ReutersChina Threatens Trump's Panama Canal Deal: Report NewsweekChina threatens to squash Panama ports deal unless its shipping giant gets an equal stake: report New York PostHouse China Committee Raises Alarm over PRC Influence on the Panama Canal Select Committee on the CCP | (.gov)
Massachusetts-based Kayem Foods has voluntarily recalled more than 24,000 pounds of chicken sausage products that may be contaminated with plastic following customer reports.
Bank earnings in Europe and a rate decision from the ECB will dominate investors’ attention this week. Financials reporting this week include Unicredit, Deutsche Bank, BNP Paribas, Lloyds Banking Group and Natwest. The European Central Bank is seen as being “well-positioned to wait” before acting on interest rates.Next week, the CNBC teams are back on the road – and it’s all about the banks and the ECB. From Frankfurt to Milan, and Paris to London, the financials are in focus.Banking bellwethersThe markets seem to be banking on the financial sector to keep up the positive earnings momentum this quarter. Citi described the first quarter as “remarkably resilient,” with analysts now expecting Stoxx 600 earnings-per-share growth to turn positive year-on-year this quarter.Much of that optimism is centered on the big banks, while other sectors like luxury, autos and energy have been plagued by earnings downgrades.Unicredit kicks things off on Wednesday. The Italian banking giant will try to keep investors focused on the numbers, rather than its M&A ambitions. While its moves around Commerzbank have seen it increase its equity stake to 20%, Saxo Bank analysts highlight the uncertainty around its potential takeover of Banco BPM, after an Italian court blocked the move until further conditions are met. The stock is up over 50% so far this year, providing some cheer for CEO Andrea Orcel as he battles to keep his expansion plans on track.French financial BNP Paribas — the euro zone’s largest lender by assets — reports earnings on Thursday.Last quarter, the bank soared past expectations driven by performance at its investment bank, but revised its profitability target slightly lower.On the same day, attention will turn to Frankfurt for Deutsche Bank’s latest set of numbers. The German lender logged its best profit in 14 years last quarter, benefiting from increased trading volumes around the market volatility. CEO Christian Sewing told CNBC in June that he sees an opportunity for Europe to invest more in its own defense sector as a key growth area.The waiting gameFor macro-watchers, the highlight of the week in Europe will come from the European Central Bank. President Christine Lagarde and her fellow policymakers are expected to keep rates on hold at 2% on Thursday. But there is a BIG catch...U.S. President Donald Trump’s tariff threats are not expected to derail this meeting’s outcome, according to Reuters, citing five ECB governing council member sources. But if Trump does push ahead with 30% tariffs on EU imports, there is a broad assumption the ECB will cut rates in response.Investors will have until Sept. 11 to assess the impact, as the ECB breaks for the summer after this week’s meeting.Inflation situationIn terms of the underlying economic conditions, Deutsche Bank warns that European inflation risks are “still being underestimated, with a remarkable complacency across key assets,” with the tariff impact yet to fully trickle through.The bank’s macro strategist also told CNBC’s Squawk Box Europe that the Aug. 1 tariff deadline for negotiations between the U.S. and EU sets the stage for a late outcome to trigger a “very sharp market reaction.”
The tees made an appearance Saturday as the Women's National Basketball Players Association and WNBA negotiate a new collective bargaining agreement.
Closing Of Epstein Investigation Unpopular With Voters On Thursday, U.S. President Donald Trump ordered his Attorney General Pam Bondi to release files related to the Jeffrey Epstein investigation, including Grand Jury testimony, for which a judge's approval is necessary, however.The move came after more than a week of controversy around the topic and Trump trying to deflect the uproar that would just not die down. Pressure mounted yesterday after the Wall Street Journal published a previously unreleased letter by Trump on the occasion of Epstein's 50th birthday, including the drawing of a naked woman, whicvh Trump has said is fake and is now suing for defamation.Despite campaign promises by Trump to release certain files pertaining to the investigation into deceases society figure and sex offender Jeffrey Epstein, his administration in early July declared that these documents, a client list specifically, did not exist and that it believed that Epstein had taken his own life in prison.As Statista's Katharina Buchholz reports, the announcement alienated Trump's base which for years has been fed a narrative around an Epstein conspiracy, including by Trump and people now in his administration.The conspiracy claims that documents implicating prominent figures in sex crimes have been held back for years and that Epstein was murdered as a cover-up.Attorney General Pam Bondi had as recently as February referred to the list as existing, while Trump confidant Elon Musk in June tweeted that Trump was implicated in the files.In July, only 17 percent of U.S. voters approved of the handling of the Epstein files, the lowest among eight surveyed issues including immigration, trade, the economy, the Russia-Ukraine and the Israel-Hamas conflict.You will find more infographics at StatistaAll issued had approval ratings under 50 percent. Tyler DurdenSat, 07/19/2025 - 21:35
Border Patrol removes 13 crew members with work visas from Great Lakes cruise ships MLive.comView Full Coverage on Google News
Contaminated salami that caused outbreak also sold in B.C. and Saskatchewan CBCRecall of 67 meats in B.C. and other provinces triggered by foodborne illness investigation CHEK NewsHealth Canada announces major recall of salami brands due to potential salmonella contamination CTV NewsRECALL: Meat recall grows in Canada after 86 confirmed cases INsaugaSalami, cacciatore recalled in Saskatchewan after salmonella outbreak 650 CKOM
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EPA Slashes 23 Percent Of Its Workforce, Eliminating Scientific Research Arm Authored by Aldgra Fredly via The Epoch Times (emphasis ours),The Environmental Protection Agency (EPA) announced on Friday that it will cut about 23 percent of its workforce and eliminate its research and development office as part of the agency’s restructuring effort.The U.S. Environmental Protection Agency in Washington on Jan. 4, 2024. Madalina Vasiliu/The Epoch TimesThe agency stated that it expects its workforce to reduce from 16,155 to 12,448 employees, noting that many have opted to resign through voluntary early retirement and a deferred resignation program.The layoffs will affect the Research and Development Office, according to its statement. The agency said the restructuring effort is expected to help it save about $748.8 million after completion.The EPA said it plans to create an Applied Science and Environmental Solutions Office that will enable it to focus on research and science “more than ever before,” placing them “at the forefront of rulemakings and technical assistance to states.”EPA administrator Lee Zeldin said the reorganization is intended to ensure the agency is “better equipped than ever to deliver on our core mission of protecting human health and the environment while Powering the Great American Comeback” under the Trump administration.“This reduction in force will ensure we can better fulfill that mission while being responsible stewards of your hard-earned tax dollars,” he said.The Office of Research and Development functions as the EPA’s scientific research arm, according to the agency’s website. The office carries out “leading-edge research” that “informs agency decisions and supports the emerging needs of EPA stakeholders, including the agency’s state, tribal, and community partners,” it stated.Critics said cutting the office’s workforce will affect the EPA’s ability to respond to those risks properly.Rep. Valerie Foushee (D-N.C.) said on March 18 that the office is “vital to understanding and addressing environmental risks.”“The Trump Administration’s plan to dissolve the EPA’s Office of Research and Development and lay-off over 1,000 scientists is yet another step in their scheme to fully gut this agency,” Foushee said.The EPA had previously announced that it planned to enhance its scientific and research efforts within program offices to address its “statutory obligations and mission essential functions,” particularly within its air, water, and chemical offices, according to its statement.The announcement followed the Supreme Court’s decision on July 8 to lift a lower court ruling that had blocked the Trump administration from proceeding with mass layoffs of federal workers and an overhaul of federal agencies.Aside from the EPA, the State Department has also announced plans to proceed with restructuring efforts following the Supreme Court ruling. State Department spokesperson Tammy Bruce said on July 10 that the reorganization plan is now “moving into implementation,” but declined to provide a specific timeline for when layoffs will occur.Zachary Stieber contributed to this report. Tyler DurdenSat, 07/19/2025 - 21:00
Austin, TX, July 19, 2025 (GLOBE NEWSWIRE) -- Author and tech expert James Altucher has published a new account detailing what he believes may be the most important development in Elon Musk's career since the founding of SpaceX and Tesla.The development centers on Musk's satellite internet initiative, Starlink—and the possibility of a sweeping announcement expected on August 13, 2025. While the details of such an announcement remain undisclosed, Altucher says key pieces of information are already hiding in plain sight.What's So Special About August 13?Altucher references August 13, 2025 repeatedly, calling it a "pivot point.""After this date, the window ...Full story available on Benzinga.com
Southeast Asian superapp Grab is prototyping an autonomous electric shuttle bus pilot in Singapore, in collaboration with Autonomous A2Z (A2Z), a South Korean autonomous vehicle technology firm. The pilot aims to provide transport for Grab employees initially connecting the company’s One-North headquarters with the nearby One-North Mass Rapid Transit (MRT) ... [continued]The post Grab Prototypes Autonomous Shuttle with Employees in Singapore appeared first on CleanTechnica.
SNS Financial Group LLC lessened its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV – Free Report) by 2.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 70,497 shares of the company’s stock after selling 2,010 shares during the [...]
SNS Financial Group LLC lifted its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI – Free Report) by 3.7% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 559,914 shares of the company’s stock after acquiring an additional 19,825 shares during the period. iShares 3-7 Year Treasury Bond ETF comprises about 6.7% of [...]
SNS Financial Group LLC lessened its holdings in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE – Free Report) by 29.0% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 102,661 shares of the company’s stock after selling 41,994 shares during [...]
SNS Financial Group LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI – Free Report) by 3.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 559,914 shares of the company’s stock after buying an additional [...]
SNS Financial Group LLC lessened its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 5.2% in the first quarter, Holdings Channel.com reports. The fund owned 101,660 shares of the company’s stock after selling 5,601 shares during the quarter. SNS Financial Group LLC’s holdings in Schwab US Dividend Equity ETF [...]
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the AI Stocks on Wall Street’s Radar. On July 17, Macquarie analyst Steve Koenig initiated coverage on the stock with a “Neutral” rating and a price target of $465. According to the firm, Crowdstrike’s product strategy can continue driving sales momentum and product differentiation. However, the analysts told investors [...]
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Alibaba Group (NYSE:BABA – Get Free Report) and Prosus (OTCMKTS:PROSY – Get Free Report) are both large-cap retail/wholesale companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, profitability, valuation, risk, institutional ownership, earnings and analyst recommendations. Volatility and Risk Alibaba Group has a beta [...]
FAS Wealth Partners Inc. raised its stake in CME Group Inc. (NASDAQ:CME – Free Report) by 8.0% during the first quarter, HoldingsChannel reports. The institutional investor owned 12,669 shares of the financial services provider’s stock after acquiring an additional 942 shares during the period. FAS Wealth Partners Inc.’s holdings in CME Group were worth $3,361,000 [...]
FAS Wealth Partners Inc. raised its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 1.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,404 shares of the company’s stock after purchasing an additional 570 shares during the [...]