Interest In Politics Often Ranks Low

SpaceX In "Final Stages" Of Securing New Massive Rocket Launch Site In Louisiana Several Louisiana media outlets report that Elon Musk's SpaceX is in the "final stages" of securing approximately 130,000 acres on Pecan Island for a massive new spaceport to launch rockets into orbit. The Times-Picayune reports a source with knowledge about the deal said SpaceX is poised to take control of roughly 130,000 acres at Pecan Island - more specifically, the coastal Vermilion Parish - as part of a settlement resolving long-running coastal lawsuits against ExxonMobil. Gov. Jeff Landry...

CVS To Pay $315 Million Over Claims It Filled Unlawful Opioid Prescriptions Authored by Kimberly Hayek via The Epoch Times, CVS Pharmacy Inc. and related entities agreed Tuesday to pay $315 million to resolve Justice Department allegations that the company illegally filled opioid and other controlled-substance prescriptions and billed many of them to Medicare and other federal health programs. The sum settles claims that the company illegally filled such prescriptions from Oct. 17, 2013, through Dec. 2, 2025. The government alleged CVS knowingly filled prescriptions that lacked a legitimate medical purpose, were not...

Futures Rise As 10Y Yields Pull Back From 24 Year High The disconnect continues. With 10Y yields rising as high as 5.34% - a new 24 year high - before easing back US equities remain completely oblivious of the tightening in financial conditions and instead are obsessing with the memory bubble, and pushing higher on the first day of Q4 as strength in technology shares held up against volatility in bond markets and a renewed climb in oil. As of 8:00am ET, S&P 500 futures were up 0.4%, erasing an earlier...