Archive for the 'Economy' Category
Trump’s War Economy Accelerates As Lockheed Wins $35 Billion Deal To Quadruple Missile-Interceptor Output
June 26th, 2026Mission accomplished. Via: ZeroHedge: President Trump’s war economy continues to gain steam as weapons production is kicked into high gear and stockpiling becomes a top priority for the Department of War. The latest evidence: Lockheed Martin has won a DoW contract worth up to $35 billion to quadruple production of THAAD missile-defense interceptors, according to […]
Apple Increases Prices Due to Memory Shortage
June 25th, 2026Via: Mac Rumors: Apple today raised prices on many of its products, including all Macs and iPads, as well as the Apple TV, HomePod, HomePod mini, and Vision Pro. We shared a list of the price increases, which range from $30 for the HomePod mini to up to $1,300 for the Mac Studio. iPhone, Apple […]
How Wall Street Launders Dogsh*t Into Retirement Funds
June 25th, 2026Via: ZeroHedge: One of the more embarrassing habits of modern finance is its insistence on pretending the stock market has some integrity left. Capital, we used to think, flowed to the most productive businesses. Prices reflected fundamentals. Risk was priced. The market, in the long run, separated signal from noise and rewarded cash generation over […]
Anthropic Accuses Alibaba of Massive Knowledge Distillation “Attack”
June 24th, 2026From, U.S. GOVERNMENT FORCES ANTHROPIC DISABLE FABLE 5 AND MYTHOS 5 CITING NATIONAL SECURITY: I wonder if people had enough time to run knowledge distillation operations against Fable 5 and Mythos 5 before access was cut off? In the olden days, I got an alert from my company’s firewall indicating that it was under attack. […]
Digital Euro Moves Ahead
June 23rd, 2026Via: Reuters: The European Central Bank secured key parliamentary backing on Tuesday for the launch of a digital euro, an electronic means of payments aimed at making the euro zone less reliant on U.S. credit cards at a ?time of fraying transatlantic relationships. The digital euro, essentially an electronic wallet guaranteed by the central bank […]
We’re Already Living in an Alien Invasion Movie
June 20th, 2026Via: Truthstream Media:
Iran’s New “Insurance” Rule: Controlling the Strait of Hormuz
June 19th, 2026Via: What’s Going on With Shipping?: Flashback: Take it through, Pepe!
Here’s Why Iran Got Everything It Asked For
June 19th, 2026Via: Peak Prosperity:
Trump Admits U.S. Was Weeks Away From “Running Out Of Reserves” When Iran Deal Struck
June 17th, 2026“It’s all fun and games as long as the U.S. and China keep releasing oil from their reserves…” —Why Aren’t Oil Prices Higher? And what is this alleged deal? I haven’t posted about any deal between the U.S. and Iran, because no details have been released. Update/Just released: Full Text “Islamabad Memorandum of Understanding between […]
Leak: OpenAI $38.5 Billion Net Loss [???]
June 16th, 2026Via: Runtime Wire: Sam Altman (@sama)’s OpenAI lost $38.53 billion attributable to the company in 2025, according to audited financial documents viewed by Ed Zitron and independently verified by the Financial Times, a set of figures that an Ars Technica story pushed into broader circulation Tuesday. The documents themselves are not public. But the reported […]
