"Please Work Remote": NYC Braces For Commuter Chaos With Ongoing LIRR Strike

Nasdaq Tumbles After FT Reports OpenAI Revenues Disappointing ...and just like that, the massive AI CapEx boom narrative is in doubt... The Financial Times reports that OpenAI’s annualised revenue is about $20bn less than has been previously signalled, according to financial documents shared with investors, a massive gap likely to damp optimism about the growth of AI demand. The company has recently told investors its revenues were approaching $50bn on an annualized basis at the end of September, far short of the $70bn reported by the FT and other media outlets late last...

US Central Command said on Tuesday that its forces fired a Hellfire missile into another commercial ship, marking the second such incident in recent days as the US continues to attack civilian ships to enforce a blockade on Iranian ports. “US Central Command (CENTCOM) enforced blockade measures against Botswana-flagged M/T Lexie as it transited international […]

Thank You Rick Santelli, You Legend  Submitted by QTR's Fringe Finance It was announced this past week that Rick Santelli will be retiring next month. So today I offer a tribute to perhaps the last man standing on CNBC with a functioning economics textbook, and one of the few figures in financial media who could simply tell you that one plus one equaled two without disappearing into an academic sounding, postmodern, jargon filled bullshit word salad that somehow ended with the conclusion that paying a quadrillion dollars a day in interest on...