Investor Bill Gross is sounding the alarm on the current market trend, which he says has all the hallmarks of past speculative bubbles. The billionaire investor notes that Bitcoin’s surge to new heights and meme stocks’ sharp increase are being driven by hype rather than fundamentals. As bearish bets continue to falter, Gross fears that … Read more
Entrepreneurs Elon Musk and Vivek Ramaswamy are seeking major cuts to federal spending with their outside advisory council, the Department of Government Efficiency (DOGE). However, lawmakers say achieving a $2 trillion reduction is unlikely without significant changes to Social Security benefits, Medicare, and Medicaid. Musk and Ramaswamy met with hundreds of Republican lawmakers on Capitol … Read more
The Atlanta Hawks have won their sixth straight game, defeating the Los Angeles Lakers 134-132 in overtime on Friday. Trae Young scored 31 points to lead the team, while LeBron James and Anthony Davis combined for 77 points but fell short. Young hit a three-pointer with 7.4 seconds left in overtime to seal the win … Read more
A Moon Alert is in effect from 2:15 AM PST, indicating a clear day for shopping or making important decisions. As of 5:15 AM EST, there are no restrictions. Here’s how the Moon’s position in Pisces affects each zodiac sign: – Aries: Expect a passionate and intense day with big plans, but remain realistic. – … Read more
The interest rate climate of 2022 and 2023 presented unique opportunities for savers to protect and grow their funds in an inflationary environment. Many turned to certificate of deposit (CD) accounts, earning thousands of dollars on their money. However, with the maturity date of current CD accounts approaching, especially before the end of 2024, many … Read more
The Observer, the UK’s oldest Sunday newspaper, is set to change hands after being sold to Tortoise Media. The sale was made possible by negotiations between Tortoise and the Scott Trust, which has been the owner of the Observer since 1993. The decision comes as part of a strategic review aimed at enhancing the Observer’s … Read more
Morgan Stanley has revised its expectations for Brent crude prices, citing a delay in the start of OPEC+ production increases and a slower pace of output hikes. The alliance now anticipates an average price of $70 per barrel in the second half of 2025, up from a previous range of $66-$68. The delay in easing … Read more
Army completed a perfect first season in the American Athletic Conference by beating Tulane 35-14 on Friday night, capping off their first conference championship in 134-year history. The Black Knights’ dominant performance was led by quarterback Bryson Daily, who rushed for four touchdowns and tied the AAC record with 29 this season. Daily’s impressive display … Read more
Prime Video’s new series “The Sticky” stars Emmy-winner Margo Martindale as Ruth Landry, a desperate maple syrup farmer fighting to save her farm after it’s threatened by corruption and red tape. The show is loosely based on a famous 2011-2012 heist that saw thieves steal over $18.7 million of pure Canadian maple syrup. Martindale’s character … Read more
The Detroit Lions’ 34-31 win over the Green Bay Packers on Thursday night has sparked debate among pundits about coach Dan Campbell’s decision to go for fourth-and-short in the final minute. Campbell’s gamble paid off, with the team securing the win after running down the clock and kicking a game-winning field goal. Former Pittsburgh Steelers … Read more