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California Orders NGO Serving As "Financial Backbone" For Singham-Linked Marxism Causes To Cease Operations
California Orders NGO Serving As "Financial Backbone" For Singham-Linked Marxism Causes To Cease Operations
Foreign policy investigator Adam Kredo of The Washington Free Beacon revealed on Monday that California regulators ordered Arc of Justice, a nonprofit operated by left-wing Code Pink cofounder Medea Benjamin, to cease charitable operations after years of missing tax filings and unanswered questions about what happened to $51 million in reported assets.
The state attorney general revoked the foundation's charitable registration in January 2025, barring it from distributing assets without prior approval. A June 19 warning letter went further, directing Arc...
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May 9, 2026 / Tyler Durden
Wall Street Keeps Testing AI Traders, But Most Are Still Underperforming
Wall Street Keeps Testing AI Traders, But Most Are Still Underperforming
Recent trading competitions suggest large language models are still unreliable portfolio managers, according to Bloomberg.
Tests involving models from OpenAI, Anthropic, Google, and xAI have often delivered underwhelming results: many lost money, traded excessively, and made erratic decisions despite receiving identical prompts. In several cases, models appeared unable to stick to coherent strategies for more than a few trading sessions.
Bloomberg writes that one of the clearest examples came from Alpha Arena, a competition created by startup Nof1. Eight models were...
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Jun 21, 2026 / Tyler Durden
Financial Times Hypes SpaceX's Dismal ESG Rating By MSCI, But Really Nobody Cares
Financial Times Hypes SpaceX's Dismal ESG Rating By MSCI, But Really Nobody Cares
The Financial Times appears eager to frame MSCI's decision to assign SpaceX the "lowest possible ESG rating" as a major reputational blow. However, the real story is that the entire ESG movement on Wall Street has imploded, and anyone grounded in reality and common sense has increasingly viewed the whole woke era as counterproductive.
"The triple C assessment means SpaceX has the same score as that awarded to the Russian state on MSCI's ESG government rating scale in...
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Apr 7, 2026 / Tyler Durden
Living In Any New York Borough Now Requires A Six Figure Income
Living In Any New York Borough Now Requires A Six Figure Income
Living in New York City without financial assistance now requires a six-figure income in every borough, according to Bloomberg.
The Fund for the City of New York’s latest “self-sufficiency standard” shows that in 2026, a family of four with two school-age children needs about $133,000 a year to cover basic expenses without outside help. Still, 46% of households fall short of that level.
A separate report from Mayor Zohran Mamdani’s office found that economic strain is even more widespread. In...
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