Yes, the Latest Bank Bailout Is Really a Bailout, and You Are Paying for It.

The AI Boom Is Creating A Global Memory Chip Shortage A global shortage of memory chips is emerging as demand for artificial intelligence infrastructure surges, according to a new report from Bloomberg. Large technology companies are locking in supply by signing long-term agreements and paying higher prices to guarantee access to chips years in advance. Because these deals are more profitable, chip manufacturers are increasingly directing production toward AI customers. This shift has reduced the number of chips available for other products such as laptops, smartphones, gaming consoles, and cars, pushing...

U.S. Wheat Futs Hit Two-Year High As Wall Street Sounds Alarm Over Drought Shock Hard red winter wheat climbed to a two-year high by the end of the week, as our coverage of the drought shock now hitting America's Breadbasket raises serious alarm bells on commodity desks. The concern is not just reduced crop yields and quality. It is colliding with fertilizer shortages and elevated diesel prices, creating a broader inflationary transmission channel that could work its way through the food supply and translate into higher supermarket prices down the road. Hard...

All High Earners Need To Know About The Mega Backdoor Roth Authored by Javier Simon via The Epoch Times (emphasis ours), If done the right way, a mega backdoor Roth can allow investors to save in a workplace retirement plan such as a 401(k) beyond the typical contribution limits. High earners can use a mega backdoor Roth to save beyond normal retirement contribution limits. Vyaseleva Elena/Shutterstock It also can allow investors to save in a Roth account when they otherwise would not have been able to do so because of certain restrictions. So let’s...