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Lucid Calls Bankruptcy Report "Completely False" As Shares Stage V-Shaped Recovery
Lucid Calls Bankruptcy Report "Completely False" As Shares Stage V-Shaped Recovery
Summary:
Lucid Exec Calls Bankruptcy Report 'Fake News'
Lucid Reponds, Denies AlixPartners Has Recommended Bankruptcy Route
Lucid Crashes On Report It's Weighing A Take-Private Or Bankruptcy
Lucid PR Head Calls Report "Completely False"
Nick Twork, Lucid's chief communications officer, took to X in late-afternoon trading to deny Electric-Vehicles.com's report about a potential bankruptcy, stating that the "company has sufficient liquidity to carry its operations well into next year, as recently published in its last quarterly filings, and it has not formed any special board committee...
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May 5, 2026 / Tyler Durden
The Precious Paper Problem: The Divergence In Western Bullion Markets
The Precious Paper Problem: The Divergence In Western Bullion Markets
Authored by Armin Sidhu via The Mises Institute,
Gold has nearly doubled in two years. Silver has outpaced it. For the commodity that backed money for most of human history and that central banks still treat as the final settlement asset, these moves should represent a clean signal about physical scarcity and monetary demand. Western gold prices no longer carry that information cleanly.
The prices quoted in London and New York are increasingly detached from the physical reality of who owns what...
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May 18, 2026 / Tyler Durden
The Great American Squeeze Of 2026
The Great American Squeeze Of 2026
Authored by MN Gordon via Economic Prism,
Does your American dream feel like it’s being put through a hydraulic press?
If so, you’re not alone. Between rising rent and gas prices, escalating grocery bills, and sky-high health insurance premiums, Americans are feeling a relentless squeeze from all directions. That’s the painful reality.
Recent economic numbers point to a weary consumer. In fact, consumer sentiment is at a 74-year low. To put that in perspective, Americans feel more pessimistic about the economy today than they did during the 2008...
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May 20, 2026 / Tyler Durden
Obamacare Enrollment Expected To Drop By Nearly Five Million As Costs Surge
Obamacare Enrollment Expected To Drop By Nearly Five Million As Costs Surge
Via American Greatness,
Enrollment in the Affordable Care Act marketplace is projected to fall by nearly 5 million people this year as rising premiums and higher deductibles force many Americans to reconsider whether they can still afford health insurance coverage, according to a new analysis from healthcare nonprofit KFF.
The report estimates ACA enrollment could decline from 22.3 million participants in 2025 to roughly 17.5 million this year, representing a drop of more than 20 percent.
At the same time, Americans who remain enrolled are paying substantially more...
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