With Just 2 Weeks To Go Until 250th July 4th Celebration, How Much Higher Will Trump Pump Stocks

Waste Of The Day: Town Manager's Snacking Spree Authored by Jeremy Portnoy via RealClearInvestigations, Topline: Michael Boaz, the former town manager of Pilot Mountain, North Carolina, made hundreds of unauthorized purchases on his city credit card from 2022 to 2024, including bullets and a hotel for his family vacation, according to a state audit released in May. Boaz was fired in 2024 when the allegations first came to light. Now that a state audit confirmed the questionable purchases, he has been indicted for felony embezzlement. Key facts: Boaz' questionable purchases totaled $18,426, much...

FERC Will Impose Reforms If PJM Fails To Adopt Changes By September, Chairman Warns By Ethan Howland of UtilityDive The PJM Interconnection has until the end of September to agree to governance and stakeholder reforms or the Federal Energy Regulatory Commission will impose them, the agency’s chairman, Laura Swett, said Thursday. “PJM is facing a grave legitimacy crisis,” Swett said at a technical conference FERC held on the grid operator’s governance issues. “Some transmission owners are openly discussing leaving the RTO altogether. Put plainly, market participants have lost confidence in PJM’s decision-making...

Semiconductor Stocks Tumble After Microsoft Balks At $3B Oracle Cloud Deal Chip stocks tumbled even further in late Tuesday trading following a report that Microsoft just walked away from talks with Oracle about leasing the company's cloud infrastructure because of concerns over security and compliance.  The deal, according to Business Insider, would have been worth over $3 billion - as large Silicon Valley tech companies are running short on computing power (more on that later).  The plan was to move some Microsoft workloads to Oracle Cloud Infrastructure, but Oracle's public cloud did not have the...