3+ hour, 30+ min ago  (252+ words) Does anybody care about Tesla deliveries anymore? Who knows, maybe Tesla will stop reporting it like Netflix did with paid additions. After all, you don't buy Tesla to own an EV maker, you buy it as a bet on Musk,…...

1+ day, 6+ hour ago  (284+ words) Private-sector employers in the US added fewer jobs than economists collectively anticipated in June, Wednesday's ADP report showed. The headline payrolls addition was 98, 000, decent, but well short of the 120, 000 consensus. The miss could temper expectations for Thursday's "all-important" (every BLS…...

1+ day, 23+ hour ago  (1017+ words) I hesitate to weigh in on Tuesday's SCOTUS decision upholding birthright citizenship in America. And I wouldn't (weigh in) if it didn't so plainly meet the definition of "top news," which I obliged myself to cover when I set about…...

3+ day, 16+ min ago  (463+ words) 27% if you can believe it. I guess whether you believe it depends on what I'm talking about, right? (Right.) That's the final tally for aggregate S&P 500 Yo Y profit growth during the first three months of 2026. You almost don't…...

3+ day, 2+ hour ago  (1108+ words) Let's get real: If the Supreme Court were serious about safeguarding Fed independence, they wouldn't let Donald Trump fire independent agency heads, which is precisely what they did on Monday. I don't know about anyone else, but I'm exhausted with…...

4+ day, 4+ hour ago  (601+ words) It's a(nother) holiday week in the US, where markets will be closed Friday to honor that time a wily gang of traitorous, well-spoken tax cheats decided they'd sooner hang than keep paying tribute to their colonial benefactor. And thus…...

5+ day, 21+ min ago  (600+ words) I've been on at considerable length since Kevin Warsh's FOMC debut this month about the idea that a lot of market participants are exhibiting something that looks very much like naivety regarding the new chair's commitment to putting price stability…...

6+ day, 6+ hour ago  (588+ words) Another day at the casino. Another circuit breaker in the wild, wild east. On Friday, the Kospi plunged as much as 9% at the lows, erasing the entirety of the prior two sessions" gains, which themselves represented an effort to recoup…...

6+ day, 23+ hour ago  (638+ words) The moment is upon us. The moment when tech capex overtakes buybacks and dividends. The AI arms race well and truly changed the game. It's been a while. More than two decades, in fact, since spending for growth outstripped shareholder…...

1+ week, 5+ day ago  (1230+ words) I imagine (I hope) this has occurred to someone other than me, but just in case: No one who'd accept the position of Fed chair under the current domestic political circumstances in America deserves "the benefit of the doubt." True,…...