In 2016, I described what Congress could have done with the then-astronomical $1.5 billion Powerball winnings. With the recent $2.04 billion Powerball prize, it’s time for an update. What could…

Initial claims for regular state unemployment insurance fell by 16,000 for the week ending November 26th, coming in at 225,000. The previous week’s 241,000 was revised up from the initial…

Reprinted from the Independent Institute The US is still in a state of emergency for Covid-19 and monkeypox. However, the country has another longstanding and quickly worsening public health concern—mental…

Lloyds (LON: LLOY) share price had a strong performance in November as stocks rebounded. The stock surged to a high of 47.38p, which was the highest level since September 22.…

I f**king hate Apple. I think it is terrible for society and wields far too much power. Having said that, it has been my biggest single-stock holding for years. And…

Financial markets reacted joyfully to Jerome Powell’s speech at the Brookings Institution yesterday. More details can be found here. But to say that it is only the Fed, or its…

Once again, it was Jerome Powell, the Federal Reserve’s Chair, the one who moved financial markets. In a highly anticipated speech on Wednesday at the Brookings Institution, a think tank…

Shares of Salesforce Inc (NYSE: CRM) are trading down after the bell even though the cloud company reported better-than-expected results for its third financial quarter in the face of a…

Okta Inc (NASDAQ: OKTA) is up more than 15% in extended trading after the identity management company said it broke even in its third financial quarter. Okta Inc issued upbeat…

S&P 500 just shot up 3.0% versus its intraday low after Fed Chair Jerome Powell reiterated that smaller rates hikes could start from December. Summary of Chair Powell’s remarks But…