Privatization is taking over Medicare — and it cost taxpayers an extra $61 billion last year
Privatization is taking over Medicare — and it’s a poor deal for the rest of us Source link
These bitcoin miners are expanding into AI. Why they may be a good buy despite the crypto’s selloff.
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NASA astronauts ‘confident’ in Boeing Starliner’s ability to get them home safely
NASA astronauts Butch Wilmore and Suni Williams are confident in the ability of Boeing Co.’s Starliner spacecraft to bring them...
Lumber prices are at record lows — what that means for buyers and homebuilders
Lumber prices have come full circle in the years following the pandemic — reaching record highs in 2021, then falling...
CrowdStrike leads selloff in software stocks as ‘FOMO’ chip trade roars back
Software stocks are continuing their pullback on Wednesday as the chip sector gets more love from Wall Street. Source link
AMD looks to ‘move fast’ and swipe at Nvidia with its purchase of Silo AI
Acquiring Europe’s largest private AI lab is AMD’s most expensive AI-focused purchase so far. Source link
Pet product maker Wag’s stock slides after company lowers guidance
Wag Group Co.’s stock tumbled 2% Wednesday and was headed for a record low, after the platform for pet products...
Visa and Mastercard shares draw downgrades as BofA analyst breaks from the pack
BofA sees a potentially more volatile regulatory landscape as well as limited valuation upside. Source link
Honeywell to buy Air Products’ LNG business for $1.81 billion in cash in fourth deal of 2024
The deal will add a portfolio that includes in-house design and manufacturing of coil-wound heat exchangers and related equipment. Source...
Super Micro’s stock drops after analyst says stop buying until outlook improves
Super Micro’s stock dropped Wednesday, after the Nomura’s Donnie Teng backed away from his bullish call, saying further gains appear...
The Fed's worst nightmare is officially here:
Today's data confirms ALL 3 inflation metrics are back on the rise.
For the first time since February 2022, Core CPI, PCE and PPI inflation are now rising at the SAME time.
Did the Fed spark a new wave of inflation?
(a thread)
You can’t make this up:
US personal savings have just been revised down by a MASSIVE $140 billion for 2024.
The savings rate for September was revised to 4.1% from the 4.6% initially reported in October.
The rate for August was adjusted down to 4.4% from 4.8% reported last… https://x.com/i/web/status/1862249594387894694
BREAKING: Investors bought just 16% of homes sold in the US in Q3 2024, the lowest share in 4 years.
This is ~5 percentage points below the record high seen in Q1 2022.
As a result, market share held by investors has declined toward pre-pandemic levels seen in 2019.
In total,… https://x.com/i/web/status/1862175353017602083
The Fed's worst nightmare is officially here:
Today's data confirms ALL 3 inflation metrics are back on the rise.
For the first time since February 2022, Core CPI, PCE and PPI inflation are now rising at the SAME time.
Did the Fed spark a new wave of inflation?
(a thread)
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