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More Than Half Of Gen Z Investors Have Moved Money Into Sports Bets
More Than Half Of Gen Z Investors Have Moved Money Into Sports Bets
A growing share of young Americans is folding sports gambling into their long-term financial plans, according to new research from the investment platform Betterment.
In an online survey of 1,000 U.S. retail investors conducted in late March and early April and released this week, 52% of Gen Z investors said they had shifted money originally set aside for stocks or other investments into sports wagers over the past year. Only about one-third of Gen Z participants reported no...
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May 21, 2026 / Tyler Durden
US PMIs Lead The World As Manufacturing Tops 4-Year Highs, Services Sink
US PMIs Lead The World As Manufacturing Tops 4-Year Highs, Services Sink
Following Japan's ugly PMIs (Services lowest since March 2025) and Europe's disaster (weakest composite EU PMI since late 2023)...
...with prices surging...
All eyes are on the US 'soft' survey data for signs of divergence (or contagion).
With US 'hard' data improving notably, the preliminary soft survey data for May was mixed with improved performance in manufacturing was countered by a sluggish service sector.
Flash US Services PMI Business Activity Index: 50.9 (April: 51.0). 2-month low.
Flash US Manufacturing PMI: 55.3 (April:...
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Jul 22, 2026 / Tyler Durden
House Passes Defense Policy Bill That Attaches SAVE America Act
House Passes Defense Policy Bill That Attaches SAVE America Act
Authored by Jackson Richman via The Epoch Times,
The House of Representatives on July 22 passed a $1.15 trillion defense policy bill that attaches a key election integrity bill championed by President Donald Trump.
The tally for the National Defense Authorization Act (NDAA) was 216–212.
Six Democrats crossed the aisle to back passage of the bill, while six Republicans - among them Reps. Eli Crane (R-Ariz.) and Chip Roy (R-Texas) - opposed the bill.
Amendments introduced by Republicans were voted on late on July...
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May 11, 2026 / Tyler Durden
Qatari LNG Tanker Abruptly U-Turns In Hormuz Chokepoint After Weekend Transit Breakthrough
Qatari LNG Tanker Abruptly U-Turns In Hormuz Chokepoint After Weekend Transit Breakthrough
Day 72 of the U.S.-Iran conflict opened with yet another failed diplomatic off-ramp.
Tehran on Sunday submitted a counterproposal to the Trump administration's plan to end the war, but President Trump swiftly rejected it as "totally unacceptable," pushing WTI crude futures roughly 3% higher to $98 a barrel as traders slightly repriced the war-risk premium higher for a prolonged Strait of Hormuz disruption.
Tehran's counterproposal was a major focus over the weekend, but what caught our attention Saturday morning was...
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