No More Bombs for Iran, Economic War Instead?

To say that the U.S. federal government is ‘a little less than truthful’ would be the understatement of the century. It’s expected that politicians bend the truth. When it comes to power and money, the incentive to lie is always there; and it’s very often chosen. But lying can turn into an addiction … a […] The post Stop The Fraud: The Government Hates Competition appeared first on LewRockwell.

Nestle Shares Plunge Most Since Dot-Com Bust As Weak Volume Shatters High Hopes Of Turnaround Nestlé shares in Switzerland tumbled the most in 24 years after North American sales volumes unexpectedly contracted, undercutting investor confidence in CEO Philipp Navratil's turnaround efforts. Organic sales rose a better-than-expected 3.7% in the second quarter, but real internal growth in North America fell 0.6%, while an infant formula recall and the Gulf conflict weighed on operations. "Given the rally, we don't think the real internal growth print is quite good enough and expect some profit taking,"...

"Radical Earnings Cut": JPMorgan Sounds Alarm After BMW's Forecast Shock BMW shares cratered in Germany after the automaker warned investors it would slash its 2026 margin guidance to as low as 1%, down from a prior estimate of as high as 6%, amid weakening demand in China, Middle East-related pressures, rising energy costs, and a deteriorating consumer backdrop hitting sales and profitability. BMW now expects its pretax profit to fall sharply this year, versus a prior expectation of a moderate decline, and for deliveries in the auto segment to slide, compared...