Recession Signal As Consumers Struggle To Pay Bills

CoreWeave Expands Meta AI Deal To $21 Billion, Issues $4.25 Billion In New Convertible & Junk Debt CoreWeave has expanded its agreement to supply Meta with AI computing capacity, lifting the total value of the deal to $21 billion, as reported by Bloomberg. The updated terms extend AI cloud services through December 2032. This means that circular financing circle jerk we've been tracking since last year continues. LOL *COREWEAVE INKS $14 BILLION META DEAL TO SUPPLY COMPUTING POWER ye daily circle jerk — zerohedge (@zerohedge) September 30, 2025 The deal underscores a broader truth in the...

Tomorrow's Testimony: Kevin Warsh To Walk Tightrope On Rates, Inflation And Fed Independence President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, will appear before the Senate Banking Committee on Tuesday at 10AM ET in what is shaping up to be one of the most politically charged confirmation hearings in the central bank’s modern history. Warsh, a former Fed governor who has spent years criticizing the institution as directionless and in need of “regime change," now has the chance to outline his vision for remaking the world’s most powerful...

Iranian Foreign Minister Abbas Araghchi said on Thursday that the talks between US and Iranian officials in Geneva were one of the most “serious” rounds of negotiations yet, though the threat of a US attack on Iran remains, as there were no signs of a major breakthrough. Araghchi told Iranian TV that the talks “made […]