"Door Of Doom" Looms As 30 Year Yield Soars To 19 Year High After Two Huge Treasury Block Sales

Carvana Crashes After Earnings Outlook Disappoints Wall Street Carvana shares plunged in premarket trading after the online used-car retailer issued full-year earnings guidance that may fall short of Wall Street expectations, as vehicle sales growth slowed and profit per car declined. The outlook raises questions about whether Carvana's rapid expansion can justify its high stock valuation. Carvana reported a record second-quarter adjusted EBITDA of $769 million, narrowly beating the $766.2 million consensus estimate among analysts tracked by Bloomberg, as vehicle sales rose 38% to more than 197,300. Still, sales growth slowed...

Trump Tells Michael Cohen "They Weaponized You" In Radio Interview, Praises His Recanting Authored by Emel Akan via The Epoch Times, President Donald Trump appeared on Michael Cohen’s radio show and commended his former attorney for recanting his previous statements. Their conversation marked a surprising thaw years after their relationship collapsed amid public feuds and legal battles. Part of the interview with Cohen’s show “When You Know, You Know” aired on 770 WABC Radio at 6 p.m. Thursday. The rest will be released on Aug. 23. “They weaponized you. They weaponized a lot...

SNAP Benefits Go To 186,000 Dead People... And Stopping Them Might Be Difficult Authored by Tom Gantert via The Epoch Times, President Donald Trump’s anti-fraud efforts have brought renewed focus on issues plaguing the welfare system, including the millions of dollars in food stamps that are being sent to dead recipients. The U.S. Department of Agriculture (USDA) released a report last month stating that 185,986 deceased people in 29 states were receiving Supplemental Nutrition Assistance Program (SNAP) benefits as of July 1, 2025, at an annual cost of $419.6 million. It also...