Polar Vortex Threatens Europe As One Cold Blast Could Wipe Out October's Gas Storage Gains

What 122 Universal Basic Income Experiments Actually Show Authroed by Vance Ginn via the Daily Economy, Artificial intelligence has become the latest excuse for reviving one of the oldest bad ideas in economic policy: a universal basic income. Recent pieces in Newsweek, the LSE Business Review, and Fortune have all helped push the idea that AI may soon wipe out so many jobs that Washington will need to send everyone a check. Image Credit: Shutterstock That makes for a catchy headline. It also makes for terrible economics. The right question is not whether AI...

DOJ Can Provide Biden's Conversations With Ghostwriter To Heritage Foundation, Judge Says Authored by Troy Myers via The Epoch Times, A federal judge on Friday rejected former President Joe Biden's bid to prevent the conservative Heritage Foundation from receiving redacted transcripts and recordings of conversations he had with a ghostwriter for his 2017 memoir. Former President Joe Biden speaks in Chicago on April 15, 2025. Nam Y. Huh/AP Photo Although District Judge Dabney Friedrich delayed her own decision by three weeks later on Friday to allow for the D.C. Circuit Court of Appeals...

Parabolic Semiconductor Rally: What Breaks The Trade? Authored by Lance Roberts via RealInvestmentAdvice.com, AI Validation Fuels A Ninth Weekly Advance The headline tape made fresh history. The S&P 500 closed Friday at 7,580.06, finishing up 1.43% on the week and posting its ninth consecutive weekly gain. That’s the longest weekly winning streak since 2024, and only the 5th time since 1965 that has occurred. While markets previously saw weakness following such streaks, the 24- and 52-week outcomes were primarily positive, except in 1989. However, the Russell 2000 actually fell 0.59% to 2,919, a reminder...