The U.S. economy contracted in the first quarter as tariffs caused importers to surge shipments before higher levies took effect. The Commerce Department’s Bureau of Economic Analysis (BEA) released its third estimate for first quarter gross domestic product (GDP), which found the U.S. economy contracted at an annual rate of…
The Trump administration is pushing back on projections for the so-called “One Big, Beautiful Bill,” arguing the scoring understates the economic growth the bill would fuel and, as a result, projects higher budget deficits. The nonpartisan Congressional Budget Office (CBO), which is responsible for analyzing the cost of legislation moving…
Microsoft is planning another round of cuts at Xbox as part of the tech giant’s ongoing reorganization. Xbox managers are expecting substantial job cuts across the entire group as soon as next week, people familiar with the matter told Bloomberg. This marks the fourth time Microsoft downsized its gaming division…
President Donald Trump slammed Federal Reserve Chairman Jerome Powell on Wednesday as the head of the central bank testified before a Senate panel. “I think he’s terrible,” Trump said in response to a question from a reporter during a press conference at the NATO summit in The Hague, Netherlands.Trump reiterated…
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FICO said on Monday that it is going to incorporate buy now, pay later (BNPL) data into credit scores as…
The global oil market is a point of major focus after the U.S. attacked three key Iranian nuclear sites on…
When you hear the name Aflac, you, probably like me, hear the quacking duck from their commercials. Unfortunately, however the…
Chip Paucek had been the CEO of a company (U2, Inc.) which had failed under some negative circumstances. Paucek is…
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Iran threatened to attempt to close one of the world’s most important shipping lanes for oil in response to the U.S. joining Israel in attacking Iranian nuclear facilities, but U.S. energy production would limit the impact of such a move on the American economy. Iranian state…
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Let’s talk about energy dividends because, well, you know why. But let’s not chase the headlines. Let’s focus on energy “toll collectors” that…
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Whether your workspace is located in an office building or within your own home, the way you design it can have a direct…
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Dispatches from SuperReturn Berlin and the Inovia VC Summit “It was the best of times, it was the worst of times.” On the…
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The nonpartisan Congressional Budget Office (CBO) released a new dynamic analysis that found Republicans’ “big beautiful bill” would raise budget deficits by over $300 billion more than in its previous analysis, which estimated it would widen deficits by $2.4 trillion over a decade. The CBO found that the House-passed version of…
In a recent series of studies, the most expensive ZIP codes in Alabama, Mississippi, Tennessee, and Florida were determined based on an analysis of home values. Now, the move is to analyze and identify the most expensive ZIP codes in these states’ neighbor in the center, Georgia. Read on to…
My regular readers know that most dividend stocks are bad investments. They are not the safe-havens that investors think. I recently hosted live training sessions on two dangerous types of dividend stocks: Fake Dividend Stocks False Dividend Stocks. In this report, I’m here to warn about a third, less obvious…
There are a number of steps to getting your business up and running. Once you’ve determined what structure makes sense for your business, it is time to register your business with federal, state, and local governments to authorize it to operate. Registering your business is a fairly straightforward and low-cost…
Your customers are stalling at checkout. They’re getting confused by your onboarding, losing interest after too many steps, or simply forgetting why they wanted your product in the first place. They click away and never return, and you’re losing sales to businesses that make buying effortless. How big would your…
The Federal Reserve on Wednesday said that it will leave its benchmark interest rate unchanged following its June monetary policy meeting as policymakers continue to monitor inflation and labor market data amid elevated economic uncertainty. The central bank’s decision leaves the benchmark federal funds rate at a range of 4.25%…
It is time to repeal the half-century old Budget and Impoundment Control Act, which structures the way Congress writes its fiscal plans. Some elements of the ’74 Act are worth preserving. The Congressional Budget Office was an essential invention, despite the criticism it currently faces. And Congress needs a mechanism…
Key News Asian equities, despite US involvement/escalation concerns in the Middle East, were mixed, led higher by Japan, Taiwan, and surging South Korea, while Hong Kong, Thailand, and Pakistan underperformed. The US dollar finally showed its reserve currency status outperforming most Asian currencies except for the Yen and Singapore dollar.…
Something as dry-sounding as a Treasury yield might not seem like it impacts your wallet, but it absolutely does. Yields are flashing warning signs about how investors feel about the economy, and the ripple effects are hitting everything from mortgage rates to savings accounts. When investors expect the economy to…
According to NextEarningsDate.com, the Nike next earnings date is projected to be 6/26 after the close, with earnings estimates of $0.11/share on $10.70 Billion of revenue. Looking back, the recent Nike earnings history looks like this: The company has an impressive long-term earnings per share chart: And with equally impressive…
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