Archive for the 'Economy' Category
SpaceX Acquires xAI in $1.25 Trillion Merger
February 3rd, 2026Via: Reuters: Elon Musk said on Monday that SpaceX has acquired his artificial-intelligence startup xAI in a record-setting deal that unifies Musk’s AI and space ambitions by combining the rocket-and-satellite company with the maker of the Grok ?chatbot. The deal, first reported by Reuters last week, represents one of the most ambitious tie-ups in the […]
Ed Dowd: Never Seen Risk Like This Before in My Career
February 2nd, 2026Via: USA Watchdog: Dowd says, “This is a big call, and what is going to happen does not happen that often. We will try to call the bottom in the future, but right now, I have never seen risk like this before in my career. This has been unfolding. . .. I have not been […]
SpaceX: 1 Million Satellites For Orbital Data Center [???]
January 31st, 2026Via: PC Magazine: SpaceX is requesting to launch up to one million satellites to create a network of orbiting data centers around Earth. Late on Friday, the company filed the request with the Federal Communications Commission, describing the project as a “constellation of satellites with unprecedented computing capacity to power advanced artificial intelligence (‘AI’) models […]
Silver Plunges 30% in Worst Day Since 1980
January 30th, 2026Via: CNBC: Gold and silver prices plunged Friday, as President Donald Trump’s nomination for the next chair of the Federal Reserve, Kevin Warsh, appeared to relieve concerns about the central bank’s independence and sent the dollar soaring. Spot silver was down 28% at $83.45 an ounce, trading near its lows of the day. Silver futures […]
U.S. Trade Deficit Soaring Despite Tariffs
January 29th, 2026Via: CNBC: The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled and the impact of President Donald Trump’s tariffs worked their way through the economy, the Census Bureau reported Thursday. Following a month where the trade deficit hit its lowest level since early 2009, […]
Gold-To-Silver Ratio Under 50
January 29th, 2026Via: Forbes: The gold-to-silver ratio (the price of an ounce of gold divided by the price of an ounce of silver) has dropped below 50 for the first time since March 2012. In simple terms, that means silver is trading at its highest level relative to gold in nearly 14 years amidst a rally that […]
Microsoft’s Windows 11 Mess Sending Users Back to Windows 10 and Windows 7
January 29th, 2026This is absolutely wild. I’ve started getting used to ZorinOS, just in case… Via: TweakTown: The data comes from Statcounter, which outlines that in October, 2025, Windows 11 held 58.18% market share, compared to Windows 10’s 41.17%, but then in November 2025, Windows 11 dropped down to 53.7%, compared to Windows 10’s 42.7%. While this […]
Tesla Ending Models S and X Production, Converting Factory Lines to Make Optimus Robots
January 28th, 2026Via: CNBC: Tesla CEO Elon Musk said on Wednesday that the automaker is ending production of its Model S and X vehicles, and will use the factory in Fremont, California, to build Optimus humanoid robots. “It’s time to basically bring the Model S and X programs to an end with an honorable discharge,” Musk said […]
Langley Plants The Flag: CIA Takes Point In Post-Maduro Venezuela
January 28th, 2026Via: ZeroHedge: The CIA is “quietly working” to establish a permanent footprint inside Venezuela to shape the country’s post-Maduro trajectory, according to a CNN report Tuesday – or rather it’s not-so-quietly, with sources saying Washington intends to run Caracas much the way it penetrated Ukraine after 2014. While the State Department is planning an eventual […]
Planned Obsolescence Documentary: The Light Bulb Conspiracy
January 28th, 2026Via: Documentary For Better World: Related: Made to Break: Technology and Obsolescence in America by Giles Slade
