Zelenskyy Stands Firm — No Territory, No Compromise After renewed pressure from some U.S. quarters to accept a peace proposal involving territorial concessions, Zelenskyy has publicly reaffirmed that Ukraine will not cede land under any circumstances. He argued that giving up territory would violate Ukraine’s law, international norms, and

Massive Boom — The Great Wealth Transfer Begins A new estimate shows that trillions in wealth held by Baby Boomers are slated to pass down to younger generations, primarily Gen Z and Millennials — a shift that could reshape consumption, investment patterns, and capital flows across the economy. The inherited assets from

Paramount Cranks Up the Pressure — Hostile All-Cash Bid Throws Netflix Challenge Into Chaos Just days after Warner Bros. Discovery and Netflix agreed a deal over WBD’s studios/streaming assets, Paramount Skydance launched a full-blown hostile takeover bid. Paramount is offering $30 per share in cash — a multi-billion-dollar bid to

Europe Floats a “Nuclear Option” — Unwinding U.S. Debt if Support for Ukraine Ends As tensions escalate over the war in Ukraine and perceived wavering U.S. support, some European officials have reportedly discussed using a dramatic financial lever: unloading large holdings of U.S. Treasuries — a so-called “nuclear option.

Household Debt Climbs to All-Time High According to the latest data, U.S. household debt reached $18.59 trillion in the third quarter of 2025. That’s a fresh record high for the total burden carried by American households. Credit-card balances alone rose to roughly $1.23 trillion, with an

Millennials Have More Wealth Than Ever — But Stress Isn’t Going Away Recent data show that many Millennials now carry net worth and wealth levels above what prior generations had at comparable ages. Gains—driven by rising home values, stock-market surges, and recovering wages—helped lift many into a new

UK Pension Funds Start Fleeing U.S. Equities — What Just Happened In recent weeks, a growing number of major UK pension funds have begun selling off large portions of their U.S. equity holdings. The trigger: concern over the hyper-concentration of risk in a handful of mega-cap tech names and

October Layoffs Exploded to Levels Not Seen in Two Decades In October 2025, U.S.-based companies announced roughly 153,000 job cuts — the largest single-month total for October in more than 20 years. Tech, warehousing, retail and service sectors led the reductions, as many firms cited cost-cutting pressures, slowing

Poll Reveals Deep Pessimism About the Next Generation’s Future A recent nationwide poll shows a striking majority of U.S. adults are unconvinced their children will live better lives than they do. This represents a pronounced shift in national sentiment — one where upward mobility, long considered a cornerstone of

Data-Center Surge Pushes Construction Pay Into Six Figures A wave of data-center and AI-infrastructure construction has ignited demand for skilled labor, driving many construction workers’ wages past six figures. The boom in building massive server farms, power-intensive facilities, and supporting infrastructure — accelerated by AI rollout — is translating structural demand into

Burry Challenges NVIDIA’ s Blackwell Shipment Claims Michael Burry — famous for warning of the 2008 housing collapse — has publicly demanded evidence that NVIDIA’s Blackwell GPUs are sitting in warehouses, after an analyst questioned whether the company’s claim of shipping 6-million units aligns with publicly reported revenue, data-center capacity,

Paramount Skydance Drops the Hammer: Hostile Bid for WBD On December 8, Paramount Skydance escalated the drama: rather than resigning to the prior deal between WBD and Netflix, they went straight to WBD shareholders with an all-cash tender offer of $30 per share — valuing the entire company at roughly $108.

Google Signals a Bold Move: AI Data Centers in Space Google is reportedly exploring a radical leap for its AI infrastructure — building data-centers in space, powered by solar energy, potentially launching as soon as 2027. That’s according to Sundar Pichai, who laid out this vision as part of Google’

What Happened: No October PPI Report The BLS announced it will not publish a standalone PPI report for October. Instead, the PPI data for October will be folded into the November release. The delay stems from data collection disruptions caused by the recent government shutdown and the backlog it created.

2025 Layoff Wave Breaks Records This year, U.S. employers have announced roughly 1.17 million job cuts — the highest total since the pandemic crash in 2020, according to the latest data from a leading job-cut tracking firm. The November tally alone reached 71,321 cuts, bringing the year-to-date total

Why 2026 Refunds Could Be Huge A wave of new tax law changes — rolled out under One Big Beautiful Bill Act (OBBBA) — is expected to supercharge refunds for many Americans in the 2026 tax season. Key provisions behind the bump: * A larger standard deduction, making it simpler for many filers

Private-Credit Boom: “Hysteria,” Says Apollo — But That Might Be a Hard Sell In a recent op-ed, Apollo Global Management CEO Marc Rowan argued that the swelling private-credit market is being unfairly smeared by critics. He called the notion that private-credit constitutes a systemic threat “hysteria” and pushed back on warnings

Elon Musk’s Bold Vision: Work Optional, Money Obsolete Elon Musk — speaking at the U.S.–Saudi Investment Forum — laid out his view of a radically automated future: in 10 to 20 years, work will be optional, and money will become irrelevant. He compared employment to maintaining a vegetable garden: