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BlackRock Cuts U.S. Stocks to Neutral, Turns Bullish on Treasuries for First Time in Six Years

BlackRock Cuts U.S. Stocks to Neutral, Turns Bullish on Treasuries for First Time in Six Years

BlackRock turns bullish on Treasuries for the first time in six years BlackRock's Investment Institute has downgraded U.S. equities to neutral from a long-held overweight and upgraded short-term Treasuries to overweight, ending an underweight stance on U.S. government debt held for most of the

Epic Games Delays Disney Shooter, Orders AI-First Production: 'No More Hand-Written Code'

Epic Games Delays Disney Shooter, Orders AI-First Production: 'No More Hand-Written Code'

Epic orders an AI-first rebuild of its Disney shooter Epic Games has delayed its unannounced Disney shooter featuring Marvel and Star Wars characters and ordered the team to switch to an AI-first production model, according to a Bloomberg report by Jason Schreier published Monday, October 12. The game

More Than 1 in 3 Americans Cannot Name All 3 Branches of Government

More Than 1 in 3 Americans Cannot Name All 3 Branches of Government

More than 1 in 3 Americans cannot name all 3 branches More than one in three U.S. adults cannot name all three branches of the federal government, according to a new civics survey reported by Axios. Just 65% of respondents could name the executive, legislative, and judicial branches in

US Homes Are Now the Least Affordable on Record, Atlanta Fed Data Shows

US Homes Are Now the Least Affordable on Record, Atlanta Fed Data Shows

US homes are now the least affordable on record U.S. homes have become the least affordable on record, according to data from the Federal Reserve Bank of Atlanta. A household now needs more than $120,000 in income to afford a median priced home, more than the typical household

Pentagon Raises US Troop Death Toll in Iran Operations to 21

Pentagon Raises US Troop Death Toll in Iran Operations to 21

Pentagon raises the Iran war death toll to 21 The Pentagon has acknowledged that more U.S. troops died in the Middle East during operations against Iran than it had previously reported. Late Friday, the Pentagon updated its official count in the Defense Casualty Analysis System to include two more

Trump Says Ukraine Should Get a New President, Blames Zelenskyy for Diesel Prices

Trump Says Ukraine Should Get a New President, Blames Zelenskyy for Diesel Prices

Trump says Ukraine should get a new president President Donald Trump said Saturday that it was time for Ukraine to get a new president, according to the Associated Press. Trump suggested President Volodymyr Zelenskyy has not done enough to end the war with Russia, and he blamed Zelenskyy for high

11% of US Adults Now Take a GLP-1 for Weight Loss, Gallup Finds

11% of US Adults Now Take a GLP-1 for Weight Loss, Gallup Finds

One in nine US adults now takes a GLP-1 About 11% of U.S. adults now take a GLP-1 drug for weight loss, roughly 28 million people, according to Gallup. That is nearly four times the 3% who reported taking one in 2024. Gallup's National Health

Poland Holds Emergency Meeting After Possible Assassination Attempts

Poland Holds Emergency Meeting After Possible Assassination Attempts

Poland treats a threat against its top leaders as credible Poland held an emergency meeting of security officials on Sunday after police received information about possible assassination attempts on Prime Minister Donald Tusk and Defence Minister Wladyslaw Kosiniak-Kamysz. Interior Ministry spokeswoman Karolina Galecka said the report was transmitted to

Nearly Half of Young Voters Now View Capitalism Negatively, NBC Poll Finds

Nearly Half of Young Voters Now View Capitalism Negatively, NBC Poll Finds

Young voters are turning on capitalism Nearly half of voters aged 18 to 29 now view capitalism negatively, according to a new NBC News poll. The survey found 47% of voters in that age group hold a negative view of capitalism, while 42% view socialism positively. That split marks a

Trump Claims Energy Ceasefire, Zelensky Says News to Me

Trump Claims Energy Ceasefire, Zelensky Says News to Me

Trump announces a ceasefire Kyiv says it never heard about President Donald Trump claimed on Sunday that Russia and Ukraine have agreed to an energy ceasefire, effective immediately, but Ukrainian President Volodymyr Zelensky said the announcement was news to him. Trump wrote on Truth Social that both parties have agreed

Sanders: If You Paid $1 in Taxes, You Paid More Than Citigroup

Sanders: If You Paid $1 in Taxes, You Paid More Than Citigroup

Sanders puts Citigroup in the tax spotlight Senator Bernie Sanders has said that if you paid $1 in federal income taxes last year, you paid more than Citigroup did. In the statement shared by Unusual Whales, Sanders pointed to $4 billion in profits at the bank, a 32.74% interest

Canada Is Preparing for a Long Shot US Invasion, Per BBC

Canada Is Preparing for a Long Shot US Invasion, Per BBC

Carney says preparing for the unthinkable is risk management Canada is preparing for a long shot US invasion, a scenario Prime Minister Mark Carney says he has war gamed even though the risk is low and the likelihood is highly improbable, per the BBC. Carney told The New York Times

Russia Suffered 50,000 Casualties Last Month, NATO Official Says

Russia Suffered 50,000 Casualties Last Month, NATO Official Says

Russia lost more than 50,000 troops in a single month Russia suffered more than 50,000 casualties in Ukraine last month, with as many as 28,000 personnel killed, according to a senior NATO military official cited by Bloomberg. Ukrainian forces suffered about 5,000 casualties in the same

Rich Fleeing High-Tax States Story Does Not Hold Up, Per Fortune

Rich Fleeing High-Tax States Story Does Not Hold Up, Per Fortune

The millionaires are not leaving The story that the rich are fleeing high-tax states does not hold up in the IRS data, according to a Fiscal Policy Institute analysis covered by Fortune. The states with the most progressive tax systems, including California, Connecticut, Massachusetts, New Jersey, and New York,

Kamala Harris Laying Groundwork for a Third Presidential Run

Kamala Harris Laying Groundwork for a Third Presidential Run

Harris is quietly rebuilding a national operation Former Vice President Kamala Harris is laying the groundwork for a possible third presidential run in 2028, according to The Wall Street Journal. The Journal reported that Harris has been meeting major donors, hiring political staff, and traveling to battleground states to campaign

Microsoft CEO Nadella Calls for an Emergency Brake on AI

Microsoft CEO Nadella Calls for an Emergency Brake on AI

Nadella says to assume the model is already compromised Microsoft CEO Satya Nadella is calling on companies to build an emergency brake into advanced AI systems, arguing that powerful models should be treated as potential insider threats. In a post on X on Saturday, October 10, Nadella wrote that companies

AI Buildout Is the Biggest Investment Boom in U.S. History at $10.3 Trillion, Brookings Says

AI Buildout Is the Biggest Investment Boom in U.S. History at $10.3 Trillion, Brookings Says

The AI buildout is the biggest investment boom in U.S. history Financing the AI buildout will cost $10.3 trillion from 2025 to 2032, an average of 3.63% of U.S. GDP every year, according to a new Brookings study by Stijn Van Nieuwerburgh of Columbia University. That

Six Figures Is No Longer Enough: It Takes $120,000 to Afford the Median Home

Six Figures Is No Longer Enough: It Takes $120,000 to Afford the Median Home

You now need $120,000 a year to afford the median home Six figures used to mean you had made it. For a lot of Americans, it no longer does. A household now needs to earn over $120,000 a year to afford a median priced home, per the Federal

40% of Workers Earning Over $300,000 Live Paycheck to Paycheck, Goldman Finds

40% of Workers Earning Over $300,000 Live Paycheck to Paycheck, Goldman Finds

40% of $300,000 earners live paycheck to paycheck Roughly 40% of workers earning over $300,000 a year say they are living paycheck to paycheck, according to Goldman Sachs Asset Management's retirement survey research, reported by Barron's and Yahoo Finance. The pattern is U shaped.

Bessent May Cut Long Bond Auctions, Even Cancel 20 Year, Citi Says

Bessent May Cut Long Bond Auctions, Even Cancel 20 Year, Citi Says

Bessent likely to cut long bond auctions, Citi says, 20 year at risk U.S. Treasury Secretary Scott Bessent is likely to reduce auction sizes for long dated government bonds and could cancel sales of 20 year debt altogether, according to Citigroup. Citi's base case is a $3

A $100,000 Salary in 2000 Is Worth $194,530 Today

A $100,000 Salary in 2000 Is Worth $194,530 Today

A $100,000 salary in 2000 needs $194,530 today A $100,000 salary in 2000 has the same purchasing power as $194,530 in 2026, per Yahoo Finance. In other words, a worker needs to earn nearly double the nominal salary just to stand still against 26 years of

McDonald's Is Loading Up on Protein as 11% of U.S. Adults Take GLP-1 Drugs

McDonald's Is Loading Up on Protein as 11% of U.S. Adults Take GLP-1 Drugs

McDonald's is rebuilding its menu for the GLP-1 era McDonald's is adding more protein to its menu as GLP-1 weight loss drugs change how Americans eat, according to comments from company executives at its September investor day and in recent interviews. About 11% of

Deloitte Helped Hide $672M of Abramovich Wealth, BBC Finds

Deloitte Helped Hide $672M of Abramovich Wealth, BBC Finds

Deloitte helped falsify documents to hide Abramovich wealth, BBC finds Deloitte helped falsify documents to hide Roman Abramovich's wealth and evade tax, according to a joint investigation by BBC Panorama and the Bureau of Investigative Journalism based on leaked documents covering 1995 to 2022. Accounts signed off by

Microsoft Exec Called AI Training "The Largest Theft of Labor in Human History"

Microsoft Exec Called AI Training "The Largest Theft of Labor in Human History"

A Microsoft exec called AI training the largest theft of labor in history Brent Hecht, Microsoft's director of applied science, described the training of AI models as "the largest theft of labor in human history," according to internal material cited in a newly unsealed court filing

AI Consultant Is Second Fastest Growing Job in the US, LinkedIn Says

AI Consultant Is Second Fastest Growing Job in the US, LinkedIn Says

AI consultant and strategist is the second fastest growing U.S. role AI consultants and strategists ranked second on LinkedIn's 2026 Jobs on the Rise list for the United States, behind only AI engineers at number one. The list analyzed millions of jobs started by LinkedIn members from