The Financial Times has reported that Oracle's, $ORCL, $300 billion OpenAI deal is already underwater

Big Bet, Big Red Ink Oracle Corporation’s recently announced $300 billion deal with OpenAI has already resulted in a staggering drop in Oracle’s market value—approximately $315 billion lost since the deal was revealed. Financial Times What Went Wrong * The deal was pitched as a transformative move for

Trump says he doesn't care about bill

House, Senate Move to Release Epstein Files in 427-1 Vote The United States House of Representatives approved legislation by a striking 427-1 margin to force the United States Department of Justice to publicly release all non-classified files tied to Jeffrey Epstein and his network. What the Bill Does * Requires DOJ

The Epstein Files bill grants Attorney General Pam Bondi the authority to "withhold or redact" any material that could endanger "national security" or "jeopardize an active federal investigation"

A Rare, Near-Unanimous Vote In a striking display of bipartisan agreement, the House voted 427–1 to compel the Department of Justice to release all remaining files tied to the Jeffrey Epstein investigation. Lawmakers from both parties framed the move as a matter of transparency, arguing that the public deserves

House Votes 427–1 to Force Release of Epstein Files

A Rare, Near-Unanimous Vote In a striking display of bipartisan agreement, the House voted 427–1 to compel the Department of Justice to release all remaining files tied to the Jeffrey Epstein investigation. Lawmakers from both parties framed the move as a matter of transparency, arguing that the public deserves

The US House has passed the Epstein bill, forcing the DOJ to release the Epstein files

This is a developing story. The US House of Representatives has voted 427 to 1 to require the Justice Department to release all of its files related to Jeffrey Epstein. The bipartisan measure now moves to the Senate, and would then need President Donald Trump’s signature to become law.

Older Americans don't want to pay taxes on their homes; Millennials and Gen Z would shoulder the cost

Boomers vs. Millennials: The Tax Game Gets Real A mounting revolt among the Baby Boomers is targeting one of the oldest fiscal pillars in U.S. local government: property taxes. According to the BI piece, many Boomers now own homes that have soared in value—and feel they’re paying

Former US Treasury Secretary Janet Yellen says the US is “in danger of becoming a banana republic"

Yellen’s Red Flag: Tariff Cuts, Economic Risk Janet Yellen has sounded the alarm that sweeping tariff cuts tied to a plan by Donald Trump may carry “tremendously adverse consequences”, warning the U.S. economy and global markets are at risk. Her key concerns: * Cuts funded via tariffs mean higher

Larry Summers’ Epstein Email Fallout: What It Means for Markets & Trust

The Scandal In A Nutshell Larry Summers, once Treasury Secretary and President of Harvard University, has announced he will step back from public commitments after the release of hundreds of pages of email correspondence with convicted sex offender Jeffrey Epstein. The communications spanned from 2013 through early 2019 and show

Wealth Concentration: The Top 10% Own 87% of Stocks — Market & Options Implications

The Wealth Gap Is Real—and Getting Bigger According to Ritholtz Wealth Management and author Ben Carlson on his blog A Wealth of Common Sense, the top 10% of American households now own: * ~87% of all publicly-traded stocks. * ~84% of private businesses * ~44% of real estate. * Over two-thirds of overall

Entry-Level Hiring in Big Tech Collapses >50 % Since 2019: Market Shock & Options Signals

Big Tech Scales Back the Ladder Data from the SignalFire 2025 Tech Talent Report shows that hiring for new college graduates at the top 15 tech firms has plunged by over 50 % compared to pre-pandemic (2019) levels. In fact, new grads now represent just ~7 % of total hires at these

AI-Generated Writing Is Everywhere — What It Means for Markets

According to a recent report by Graphite and cited by Axios, articles produced by AI briefly surpassed human-written pieces online — but now the volumes are roughly balanced. The findings show that although AI-generated writing surged after the launch of ChatGPT in late 2022, it hasn’t yet fully overtaken human

Donald Trump has said that the $2000 checks will go out mid 2026 to Americans

Big Promise, Big Uncertainty Former President Trump surprised markets by announcing a plan to give $2,000 per eligible American funded via tariff revenue. He posted: “A dividend of at least $2000 a person (not including high-income people!) will be paid to everyone.” But the announcement is high on theatrics

U.S. October Freight Shipments Fall to Worst Level Since 2009, Says Cass Information Systems

Freight Volumes Plunge: What the Data Show The latest freight-shipping data from Cass Information Systems reveal a sharp decline in U.S. logistics activity: * The Cass Multimodal Shipments Index fell 4.3% from September to October. * On a seasonally-adjusted basis the drop was 2.1%. * The October reading is the

Ponzi Schemer Who Got Trump Clemency Now Faces Up to 50 Years in New Fraud Case

Former Trump-Pardoned Ponzi Schemer Hits Trouble Again The individual in question—Eliyahu Weinstein—a convicted Ponzi-schemer who previously received clemency from Trump, is now facing new federal charges that carry a maximum penalty of up to 50 years in prison. Weinstein had been released under clemency in 2021, but prosecutors

Cathie Wood Slashed 2030 Bitcoin Forecast — What Investors Need to Know

Cathie Wood Scales Back Bitcoin Ambition Cathie Wood, widely known for her bullish tech and innovation-focused investment style, has slashed her 2030 target for Bitcoin in a recent update to investors. The move marks a departure from her earlier aggressive projections and signals growing caution around crypto’s macro, regulatory

Trump Declares: “The Economy Is the Strongest It Has Ever Been”

Trump Makes the Bold Claim President Donald Trump declared that the U.S. economy is “the strongest it has ever been,” citing record stock market highs, robust employment, and comparisons with global competitors. In a recent interview, he said: “Our country has never done better. We should not have had

Steve Bannon Warns Conservatives: “If GOP Loses, Some of Us Will Be in Prison”

Bannon’s Stark Warning: “Lose & Go to Prison” At a recent event hosted by the Conservative Partnership Institute in Washington, Steve Bannon warned attending conservatives that should the GOP lose the upcoming 2026 midterm elections or the 2028 presidential election, some in the room — including him — would end up

Treasury Chief Bessent: Trump’s $2,000 Tariff Dividend Requires Congress

The Focus: Checks Await Congress The White House’s latest plan to send $2,000 “tariff dividend” checks to most Americans is not yet a done deal. Treasury Secretary Scott Bessent told reporters that while the idea is still on the table, it would require legislation from Congress to execute.

Elon Musk Warns of “Supersonic Tsunami” of AI Jobs Disruption

Musk’s Warning: AI as a “Supersonic Tsunami” for Work In a wide-ranging interview on The Joe Rogan Experience, Elon Musk raised the alarm: he believes that AI is already displacing digital, desk-based work, and that the pace of change will be “at a very rapid pace.” He used the

OpenAI Says It Doesn’t Want Government Guarantees for Its AI-Data-Center Build-out

OpenAI Draws a Hard Line: No Government Guarantees for Data Centres OpenAI clarified on Nov 6, 2025 that it has not asked for and does not want U.S. government guarantees to back its large-scale data centre expansion. CEO Sam Altman emphasized that taxpayers should not be on the hook

Peter Thiel Says “Capitalism Isn’t Working for Young People”

Thiel Sounds the Alarm: Young People Are Losing Faith in Capitalism In a revealing interview with The Free Press, Peter Thiel laid out his case: the American capitalist system has structurally broken for younger generations. He pointed to two major fault lines: student debt and housing affordability. “If you graduated

After $2,000 Payments, Remaining Revenue to Slash National Debt

Trump has announced that qualified Americans will receive $2,000 “dividends” drawn from tariff income, and that any remaining funds after those payments will be applied toward significantly reducing the national debt. He posted: “All money left over from the $2000 payments made to low and middle-income USA Citizens … will

Hedge Funds Offloading S & P While Retail Buys Fuel the Rally

Big Picture: Hedge Funds Step Aside, Retail Keeps Betting Hedge funds are reducing equity positions en masse — even as retail investors keep buying. According to CNBC, the broad market rally is increasingly underpinned by small-investor flows rather than traditional institutional conviction. Meanwhile, notes from firms like JPMorgan show that hedge

401(k) Hardship Withdrawals Soar to Record Levels Amid Cost-of-Living Crisis

Americans Tap Retirement Savings at Historic Levels Hardship withdrawals from 401(k) plans have surged, jumping from 2% in 2018 to 5% in 2024, according to Fidelity Investments. The increase comes as rising costs for essentials—food, housing, healthcare—and inflation averaging ~4.2% over the past five years squeeze

Tnnessee’s “Flex Loan” Trap: How Advance Financial Sued Over 110,000 Borrowers

Predatory Lending in Tennessee: The Flex Loan Exposed In Tennessee, a “solution” for short-term credit turned into a debt-trap for thousands. The lending firm Advance Financial marketed its so-called “Flex Loan” as a more affordable alternative to payday loans. But investigative reporting by ProPublica revealed that the product carried an