Markets Long-Term Unemployment Surges in the U.S. Long-term unemployment in the U.S. is rising, with average weeks unemployed reaching 24.1, the highest since April 2022.
Markets Americans’ Wealth Is More Tied to Stocks Than Ever, a Record High A record share of American household wealth is tied to the stock market, with stock holdings hitting an all-time high of household financial assets. Economists warn the exposure is a red flag.
Politics Trump: My Kids Have ‘Inside Information’ Because of My Presidency Trump told CNBC his children have ‘inside information’ due to his presidency, as new disclosures show $2.2B in 2025 income and more than 21,000 trades tied to the family.
AI AI Layoffs Aren’t Paying Off, Gartner Study Finds A Gartner survey of 350 executives finds AI-driven layoffs aren’t generating the returns companies expected — firms cutting the most posted nearly identical results to those cutting the least.
Macro Gold overtakes US Treasuries as top global reserve asset: ECB The ECB confirmed gold has overtaken US Treasuries as the world's top reserve asset, hitting 27% of global central bank holdings versus 22% for US debt at the end of 2025.
Macro College-Educated Dads Cut Office Hours for Home Time, per WSJ Per WSJ, college-educated dads have cut paid work by six hours per week since the pandemic and added four hours of housework, narrowing a gender gap that had stalled for two decades.
Markets Healthcare and Social Assistance Drive U.S. Job Growth Healthcare and social assistance sectors have been the primary drivers of U.S. job growth, accounting for nearly all net gains over the past year.
Markets Young America is trending socialist A Financial Times report highlights a growing socialist trend among young Americans, potentially impacting market dynamics and investment strategies.
Markets Americans' Credit Card Debt Hits $1.25 Trillion Amid Rising Delinquencies U.S. credit card debt surpasses $1.25 trillion, with rising delinquencies impacting issuers like Visa, Mastercard, and American Express.
Markets Remote Work Drives 64% of Unemployment Rise Among Young Grads Remote work accounts for 64% of the increase in unemployment among young college graduates, per the Federal Reserve Bank of New York.
Geopolitics Putin and Trump Discuss Ukraine and NATO in 85-Minute Call Putin and Trump held an 85-minute call discussing Ukraine and the upcoming NATO summit, with potential market implications.
Politics Kamala Harris Engages Progressives Amid 2028 Speculation Kamala Harris is engaging with progressive leaders, including NYC Mayor Zohran Mamdani, signaling preparations for a potential 2028 presidential run.
Macro Social Security Seven Years From Insolvency, 24% Benefit Cut Looms Social Security’s retirement trust fund is roughly seven years from insolvency, with a 24% automatic benefit cut projected for late 2032 unless Congress acts.
Markets US High School Students Face Toughest Summer Job Market Since 1948 US high school students are encountering the most challenging summer job market since 1948, with teen employment projected to drop to historic lows due to economic factors.
AI Zuckerberg: AI agent development hasn’t accelerated as expected Meta CEO Mark Zuckerberg told staff AI agent development hasn’t accelerated as expected and the reorg bets haven’t paid off yet, with results promised in three to six months.
AI Employers who cut jobs for AI are already regretting it, per CNBC CNBC reports 55% of business leaders regret AI-driven layoffs, with Ford, IBM and CBA rehiring humans after automation fell short. The reversal is pressuring the AI productivity narrative.
Politics Trump: My kids have ‘inside information’ on almost anything they buy Trump told CNBC his children have ‘inside information’ on almost anything they buy, from trucks to cupcakes, as fresh family financial disclosures draw scrutiny.
Politics Trump Says Independent Funds Manage His Investments While President Trump said outside institutions run his money after a 2025 disclosure showed $2.24B in revenue and roughly 3,700 trades tied to names like NVDA, PLTR and defense primes.
Markets US Home Sellers Slash Asking Prices as Housing Weakness Deepens US home asking prices dropped 2.5% year over year in June, the steepest annual decline in Realtor.com data going back to 2017. Sellers are capitulating as elevated mortgage rates weigh on buyer demand.
AI UBS: 60% of Companies Are Already Curbing AI Spend UBS says 60% of companies tracking AI budgets are already curbing spend and shifting to cheaper Chinese open-source models. The pricing gap is reshaping enterprise AI, and it puts pressure on OpenAI and Anthropic ahead of their IPOs.
Markets FDA Approves Philip Morris's Zyn as Reduced-Risk Product FDA authorizes Philip Morris to market Zyn nicotine pouches as less harmful than cigarettes, potentially impacting PM stock.
Markets Morgan Stanley: Salt Is the New Oil, Sodium-Ion Batteries Take Off Morgan Stanley says salt is the new oil, projecting sodium-ion batteries hit 37% of battery deployment by 2035 with $800B in capex tied to AI power demand.
Commodities Gold set for worst quarter in 13 years as Fed turns hawkish Gold is closing Q2 with its worst quarterly loss in 13 years, hit by a hawkish Fed, a stronger dollar and inflation fears. Spot briefly broke $4,000, and $4,100 is the line bulls need to reclaim.
Markets Buffett Skips Midyear Gates Foundation Donation Amid Epstein Review Warren Buffett is skipping his annual multibillion-dollar donation to the Gates Foundation for the first time in two decades, waiting on the results of a review into the foundation’s ties to Jeffrey Epstein.
Markets Michael Burry Shorts Nvidia, Tesla, Caterpillar in AI Bubble Bet Michael Burry disclosed fresh short positions on Nvidia, Tesla, Caterpillar, Applied Materials, and the SOXX ETF, calling the AI and semiconductor rally a bubble at dot-com-era extremes.
