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Showing posts with label CNBC. Show all posts
Showing posts with label CNBC. Show all posts
Thursday, October 2, 2025
Trump is not the president of all the states and has turned the office into a partisan political weapon which a future Democrat president will happily wield against Red States
... Vought said the projects affected by the decision are in California,
Colorado, Connecticut, Delaware, Hawaii, Illinois, Maryland,
Massachusetts, Minnesota, New Hampshire, New Jersey, New Mexico, New
York, Oregon, Vermont and Washington state.
In the 2024 election, President Donald Trump lost those states to then-Vice President Kamala Harris, the Democratic nominee whom he defeated in the Electoral College. ...
Wednesday, October 1, 2025
Gold makes 39th record high of 2025
... “Gold’s status as a safe haven is well publicized, but the inexorable rise in the gold price over the last few years has been truly astounding, with the metal hitting fresh highs today,” Michael Field, chief equity strategist at Morningstar, told CNBC in an email on Wednesday. ...
“Still, we are still very early in the game as gold, and gold related investments are barely 2% of an average investment portfolio worldwide,” [Philippe] Gijsels [chief strategy officer at BNP Paribas Fortis] added. “To say it in baseball terms, we are only in the second or third inning. $4,000 [will not be] the endpoint — just the start of the strongest bull market in precious metals the world has ever seen.” ...
In a note to clients on Wednesday morning, UBS Strategist Joni Teves also argued that gold remains under-owned.
“We expect gold’s bull run to continue over the coming quarters, driven by rising investor positions and a continued broadening in gold’s investor base. With the Fed easing cycle under way, dollar weakness and declining real rates should be bullish for the gold price,” she said. ... we expect ... prices to stabilise at historically higher levels over the long run,” she added.
More.
Tuesday, September 30, 2025
ROFLMAO he was DOA in the GOP Senate
... The Senate committee overseeing the Labor Department never scheduled a confirmation hearing ...
Monday, September 29, 2025
Spot gold to new high $3,833.37, silver to $46.85
... Spot gold was up 1.9% at $3,829.63 per ounce, after hitting a record high of $3,833.37 earlier in the session. ... spot silver climbed 1.9% to $46.85 per ounce, hitting a more than 14-year high. ...
Sunday, September 28, 2025
Friday, September 26, 2025
Boeing and FAA both to issue airworthiness certificates on Maxes, produced at a rate of about 38 per month, on alternating weeks
What could go wrong, right?
I'm guessing some people will now fly only on the FAA-issued certificate aircraft lol.
Speaking of serving Mammon, the price of Trump's Golden Visa has just been cut by 80%, but the workaround scheme to let rich people cut in line may backfire
And you thought only National Popular Vote liberals were capable of end-runs.
... “The Gold Card is almost too cheap,” said Reaz Jafri of international
law firm Withers. “You get access to the U.S. education system,
health-care system, banking system and financial markets, all for $1
million. It’s a pittance for many of these families. I think they should
have kept it at $5 million to make it special.” ...
Commerce Secretary Howard Lutnick said the government plans to issue
80,000 Gold Cards. Together with potential Platinum Card and the new
H-1B fees, which were raised to $100,000, he said the programs are
expected to raise $100 billion in federal revenue. ...
The program is also likely to be challenged in the courts and
potentially by Congress. Because immigration law is set by Congress, the
president created the Gold Card through several legal workarounds,
including using the existing EB-1 and EB-2 programs as the
infrastructure or basis for the Gold Card. The $1 million fee is
officially labeled an “unrestricted gift” to the government rather than
an official fee change. ...
The EB-1 and EB-2 programs (which form the basis for the Gold Card)
already have large backlogs of applicants from China and India,
stretching for years. If Gold Card buyers are allowed to skip to the
front of the line because of their $1 million donation, the applicants
who have been waiting could file lawsuits. At the same time, Gold Card
buyers won’t be willing to spend $1 million if they’re forced to wait
years for approval. ...
Core pce inflation year over year in August 2025 rose again for the fourth consecutive month to 2.90% from 2.85% in July
CoRe InFlAtIoN rAtE hElD aT 2.9% In AuGuSt, aS eXpEcTeD, FeD’s GaUgE sHoWs
The damn thing's elevated 74% above the average 1.67 for the twenty-five years 1996-2020 and we're supposed to be OK with it because it's "as expected".
Jai Ya.
Tuesday, September 23, 2025
Nexstar and Sinclair pleasing their masters at the FCC, which holds the fate of their merger plans in its hands, Disney not so much
Nexstar, Sinclair won’t air Jimmy Kimmel’s return on ABC affiliates
... ABC parent Disney announced Monday it would bring back “Jimmy Kimmel Live!” after pausing the show indefinitely last week following comments by host Kimmel ...
Nexstar is currently seeking FCC approval for its proposed $6.2 billion merger with fellow broadcast station owner Tegna. And while it has yet to ink a deal, Sinclair is also exploring merger options for its broadcast stations.
Disney, meanwhile, is seeking regulatory approval for a deal in which the NFL would acquire 10% of the company’s ESPN in exchange for NFL Media assets.
Saturday, September 20, 2025
Tyrant Trump and his FCC want to cancel comedic speech over the public airwaves which 75,019,682 people who didn't vote for him find funny
Don't the PUBLIC airwaves have to serve them, too?
... Through this public spectrum for radio and TV stations, the federal agency has the right to regulate broadcasting and requires each network “by law to operate its station in the ‘public interest, convenience and necessity.’ Generally, this means it must air programming that is responsive to the needs and problems of its local community of license,” according to the FCC website. ...
Typically, the discussion of whether a station violated the FCC’s guidelines centers around children’s programming, a cut to news content, or obscenity — such as Janet Jackson’s wardrobe malfunction during the Super Bowl in 2004. ...
Wednesday, September 17, 2025
FOMC lowers the Funds Rate 0.25 to 4.25 on a vote of 11-1
Trump's new cry baby appointee Stephen Miran voted against it because he wanted a cut of 0.5 instead lol.
Only "one official did not want any cuts, including Wednesday’s."
Story here.
Look who's blaming the victims again!
These guys slapped ginormous tariffs on China and now complain China is straining relations.
They also blamed Ukraine for starting the war with Russia.
The chutzpah.
Tuesday, September 16, 2025
Trump is not faithfully executing the April 2024 law which required TikTok to be divested from Chicom ByteDance or be shut down in the United States by January 19, 2025
Biden signs Israel, Ukraine, TikTok bill into law
Oracle and Silver Lake part of TikTok investor group as Trump extends deal deadline [for the fourth time]
Impeach the bastard.
So Tyler Robinson admitted to his trans roommate in text messages revealed today that he used his grandfather's rifle, and that he committed the crime because he had had enough of Charlie Kirk's hatred
Can we move on now from all the broad-brush-stroking, conspiracy theories, and hysteria?
... Several of the messages, which were detailed in charging documents shared with CNBC later Tuesday, contained romantic sentiments.
The roommate told police that, on the day of the shooting, Robinson texted, “Drop what you’re doing. Look under my keyboard,” the documents alleged.
The roommate looked and found a note stating, “I had the opportunity to take out Charlie Kirk and I’m going to take it.”
After reading the note, the roommate texted Robinson, “What?????????????? You’re joking, right????”
Robinson replied that, “To be honest I had hoped to keep this secret till I died of old age. I am sorry to involve you.”
The roommate asked, “you weren’t the one who did it right????”
Robinson wrote back, “I am, I’m sorry.”
When the roommate asked why Robinson did it, he replied, “I had enough of his hatred. Some hate can’t be negotiated out.”
Robinson also texted that he had been planning the shooting for “a bit over a week,” according to the charging documents.
And he discussed dropping a firearm at the university after fleeing, texting the roommate, “If I am able to grab my rifle unseen, I will have left no evidence.”
He added: “I’m wishing I had circled back and grabbed it as soon as I got to my vehicle, I’m worried what my old man would do if I didn’t bring back grandpa’s rifle.” ...
Monday, September 15, 2025
More autocratic rule by national emergency from Mad King Ludwig
Is that national emergency #53? I'm losing count.
The governor of Utah Spencer Cox promotes hysteria, needs to get a grip
... “If your view of America is not shaken right now, then there’s something wrong with you,” Cox said on CNN’s “State of the Union.”
“This is a direct assault on America,” he continued. ...
More.
Oh yeah, it's a veritable Blitzkrieg! How will we ever get through it?!
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