Recession Signal As Consumers Struggle To Pay Bills

Black Women Bear Brunt Of Mass Layoffs With The Rise Of AI And The End Of DEI Over the course of the last decade, the great social debate has mostly revolved around the issue of "merit vs equity", or equality of opportunity vs equality of outcome.  For anyone with common sense it's clear that "equity" is a non-starter; a system which skews accomplishment and hands success to unqualified people based solely on their ethnicity, gender or sexual identity.  The experiment has been disastrous for western civilization so far. Women in general...

Nvidia Favors $30 Billion OpenAI Investment, Retreating From Prior $100 Billion Commitment Update (Friday):  Bloomberg reported earlier this week that OpenAI is nearing completion of a new funding round that could raise more than $100 billion. Separately, the Financial Times reported on Thursday that Nvidia is close to finalizing an investment of about $30 billion in OpenAI, a significantly smaller amount than the $100 billion commitment agreed upon last year. FT cited people familiar with the funding round who said the "final stages" have begun and that Nvidia's $30 billion equity...

"Green-Dot Sunday" Is Non-Negotiable: Oil Up, Stocks Down As War Begins 2nd Month As last week wore on, it felt increasingly like the market was transitioning from pricing inflation risk (from a 'brief' energy supply shock) to weighing a demand-shock-driven growth scare (from a longer lasting disruption) as bonds rallied in the face of higher oil and lower stocks (stagflation). Last week saw three attempts at unilateral de-escalation (5-day delay, 'ceasefire' proposal, 10-day delay) met with even more supply as the apparent 'Trump Put' or 'TACO' trade is losing its power. Simply put,...