Nvidia Smashes Estimates With Record Revenue And Blowout Guidance; Stock Jumps

401(k) Hardship Withdrawals Hit Record High The AI bubble and data center buildout have helped catapult equity markets to new highs (pre-Middle East conflict), minting a record number of 401(k) millionaires. However, beneath the surface, hardship withdrawals from 401(k) plans have also climbed to a record, reinforcing the view that the K-shaped economy is becoming more entrenched. Vanguard's How America Saves 2025 report shows that hardship withdrawal activity "increased to a new high" of 6% in 2025, up from 4.8% in 2024 and about 2% before the pandemic. The increase marks the...

89 Arrested In Florida Human Trafficking Operation, Sheriff's Office Says Authored by Jack Phillips via The Epoch Times (emphasis ours), A sheriff’s office in Florida announced this week that an undercover operation led to 89 human and sex trafficking-related arrests, resulting in more than 1,200 separate felony charges. A Hillsborough County Sheriff vehicle as seen in a file photo. Google Maps via The Epoch Times The Hillsborough County Sheriff’s Office, which includes the Tampa metropolitan area, said that the operation was carried out over several weeks and targeted individuals “seeking to sexually exploit...

New York City Is Spending $81,000 Per Year On Each Homeless Person New York City spent about $368 million last year on services for people living on the streets, which equals roughly $81,000 per unsheltered person, according to the NY Post. Spending through the city’s New York City Department of Homeless Services street outreach programs has increased sharply over the past several years. In 2019, the city spent about $102 million on these services, averaging around $28,000 per unsheltered individual. By the 2025 fiscal year, the average cost had risen to...