Geopolitics Iran: Strait of Hormuz Stays Shut Until U.S. Blockade and War End Iran says the Strait of Hormuz will stay closed until the U.S. lifts its naval blockade and the war, including fighting in Lebanon, permanently ends. Energy, tankers, and defense names back in focus.
Geopolitics US Allies Warn Strait of Hormuz Still Mined, Doubting Trump’s Claim US allies are privately warning the Strait of Hormuz is still likely mined, disputing Trump’s claim that the Navy has cleared all Iranian explosives. Energy and shipping tickers stay in focus.
OnlyFans Reports Over 5,000 Millionaire Creators OnlyFans has revealed that 5,076 creators on its platform have earned over $1 million since its launch in 2016. This figure underscores the significant wealth generation potential for a segment of content creators within the digital economy. The Creator Economy’s Top Tier The company, which takes a 20%
Politics U.S. to Revoke Up to 200,000 Business and Tourism Visas in Largest Purge Ever The State Department is preparing to revoke up to 200,000 business and tourism visas tied to asylum seekers, in what AP calls the largest mass visa revocation in U.S. history.
Markets 92% of Americans have delayed or skipped medical care over cost: survey A JG Wentworth survey found 92% of U.S. adults have delayed or abandoned medical care because of cost, with 94.2% of those aged 18 to 28 putting off treatment. Watch insurers, pharmacies and hospitals.
Markets Gen Z Is Moving Money From Stocks to Sports Betting: Bloomberg A Betterment survey covered by Bloomberg shows 52% of Gen Z investors have moved money from stocks into sports betting, with 26% calling it part of their wealth strategy. Watch DKNG, FLUT, MGM, and HOOD.
Real Estate Miami Tops U.S. Buyer's Markets With 154% More Sellers Than Buyers Redfin says Miami is the strongest U.S. buyer's market with 154% more sellers than buyers in July, as national homebuyer counts fall to a record low.
Macro Canada Braces for Long Trade War, Sees No US Talks Before Midterms Canada sees little chance of resuming trade talks with the US before the midterms and is preparing domestic aid to ride out Trump’s term after negotiations collapsed.
Politics Trump Administration Pauses All US Immigrant Visa Applications Worldwide The Trump administration has paused all US immigrant visa applications worldwide, citing consular officer retraining and tighter public charge screening. Interviews have been postponed globally.
Geopolitics US Launches ‘Operation Economic Outcast,’ Sanctions 60+ Iran-Linked Targets The US Treasury launched Operation Economic Outcast, sanctioning nearly 60 Iran-linked entities across oil, nuclear, and missile networks — but sparing the largest Chinese banks and refiners despite China buying most of Iran’s crude.
Markets Fidelity: 401(k) millionaires hit record 595,000 accounts Fidelity says 401(k) millionaire accounts hit an all-time high of 595,000 in Q2, up 16% from Q1, as average balances set records and savers stayed the course through market turbulence.
Markets Daily Marijuana Use Now Tops Daily Drinking and Smoking in US Federal survey data shows 21.4 million Americans now use marijuana daily or near-daily, topping daily drinkers (17.2M) and daily smokers (19.9M). The substitution trend has real implications for cannabis, alcohol, and tobacco stocks.
Markets Moderna Soars on Melanoma Vaccine Win — Even Trial Patients Bought MRNA Moderna and Merck's personalized mRNA melanoma vaccine hit its Phase 3 endpoints, sending MRNA shares up as much as 145%. Even trial participants are reportedly buying the stock.
Macro Treasury may tap $1T cash account to fund bond buybacks: CNBC The Treasury is weighing whether to tap its roughly $1 trillion General Account to fund expanded bond buybacks, per CNBC, with 10- and 30-year yields easing on the report.
Macro Canada to Match US Tariffs Dollar-for-Dollar as Talks Collapse Canada will match Trump's new 50% tariffs on $20B of Canadian goods dollar-for-dollar starting Sept. 8, targeting US steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics.
Real Estate US Homebuyer Demand Hits Record Low as Sellers Outnumber Buyers 51% US homebuyer demand fell to a record low in July with about 967,000 buyers versus 1.46 million sellers, a 51.3% seller surplus. Nearly 80% of major metros are now buyer’s markets, led by Miami and Texas.
Markets Young Adults Deeply Distrust AI CEOs, Survey Shows A new survey reveals young adults deeply distrust AI CEOs like Sam Altman, Elon Musk, and Mark Zuckerberg. This sentiment, driven by job loss fears and a broader shift in public perception, could impact the long-term market adoption and regulatory landscape for AI technologies.
Young Men Exiting Workforce: Economic Implications for US Labor A recent Wall Street Journal report indicates a growing trend of young men withdrawing from the U.S. labor force. This shift has significant implications for the economy, labor supply, and various market sectors. The male labor force participation rate has fallen to a post-World War II low, with
Markets Congress Worsens US Fiscal Trajectory as Debt Surpasses $40 Trillion America's fiscal health continues to deteriorate, with national debt now over $40 trillion. Bloomberg reports that current congressional actions are exacerbating the problem, pushing the US towards an unsustainable debt path.
Markets Older Americans Are Retiring Faster as Stock Market Gains Fatten 401(k)s Bank of America Securities says a 35%-plus S&P 500 rally is helping push workers 55 and older out of the labor force, with participation near pandemic-era lows.
Markets US Military Casualties in Iran War Climb to 774 The Pentagon reports 774 U.S. service members have been killed or wounded in the ongoing conflict with Iran, with 18 fatalities and 756 wounded. This update comes as the 'Iran war' nears its seventh month, carrying significant financial costs and potential market implications for defense stocks…
Markets The Era Of Cheap Used Cars Is Rapidly Disappearing Edmunds Q2 2026 data shows 3-year-old used cars now average a record $32,461, and sub-$20,000 options have collapsed from nearly half the market to just 11.4%. Affordability is broken.
Markets Fully remote workers report highest well-being, less likely to quit: study A new study of 7,704 employees finds fully remote workers report the highest well-being and are less likely to quit, challenging a core argument behind return-to-office mandates.
Macro Dalio: Cut Bonds, Put 10-15% in Gold as US Debt Crisis Looms Ray Dalio says investors should underweight bonds and put 10-15% of their portfolio in gold, plus a bit of Bitcoin, warning a US debt crisis could hit within three years.
Markets FDA and CDC probe E. coli, salmonella outbreak tied to alfalfa sprouts The FDA and CDC are investigating a multi-pathogen outbreak linked to Everything Sprouts alfalfa sprouts, with 55 illnesses across 15 states and a voluntary recall now underway.