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Lemonade Crashes As Customer Growth Miss Spooks Wall Street
Lemonade Crashes As Customer Growth Miss Spooks Wall Street
Lemonade shares crashed early in the US cash session after the technology-focused insurer reported fewer second-quarter customers than Wall Street expected and announced a transition of its chief financial officer.
The company, which provides renters, homeowners, auto, pet and life insurance in the US and parts of Europe, plunged 18%, marking its steepest intraday decline since July 31, 2024.
The shares are down 30% this year, rapidly reversing a rally that catapulted the stock from about $20 in late 2024 to nearly triple...
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May 5, 2026 / Dave DeCamp
Iran Says US Bombed Cargo Vessels, Not IRGC Boats, and Killed Five Civilians
Iran’s Tasnim news agency reported that a US attack in the Strait of Hormuz on Monday hit cargo vessels, not boats belonging to Iran’s Islamic Revolutionary Guard Corps (IRGC), contradicting claims from US Central Command. CENTCOM said that its forces destroyed six Iranian naval boats that attempted to interfere with commercial shipping, and President Trump […]
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Jun 4, 2026 / Tyler Durden
Obamacare Fraud Estimated To Cost $25 Billion This Year: Report
Obamacare Fraud Estimated To Cost $25 Billion This Year: Report
Authored by Lawrence Wilson via The Epoch Times,
Taxpayers will foot the bill for up to $25 billion in improper Obamacare payments due to organized fraud and improper enrollments in 2026, according to a June 3 report from Paragon Health Institute.
A pedestrian passes an insurance agency that offers Affordable Care Act plans in Miami, on Jan. 28, 2021. Joe Raedle/Getty Images
Some 6.2 million enrollments in the healthcare exchanges during the most recent open-enrollment period were improper, the report said, accounting for...
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Apr 30, 2026 / Dave DeCamp
US May Deploy New Hypersonic Missile Against Iran as Trump Considers Restarting the Bombing Campaign
US Central Command has requested the deployment of the US’s hypersonic missile, known as the Dark Eagle, for potential use against Iran, as President Trump is considering restarting the bombing campaign, Bloomberg has reported. The US has already used a missile for the first time against Iran, a short-range ballistic missile called the Precision Strike […]
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