The team behind Donald Trump’s latest crypto venture, World Liberty Financial, took over two hours to release the key detail many were waiting for at Monday night’s event on X. The suspense finally ended when they revealed who could buy the forthcoming tokens and how shares would be distributed. Billed as the next big step for the former president and his family, this launch had built up anticipation for weeks. Don’t Miss: Zak Folkman, one of the project’s founders, explained that the platform’s WLFI token will be divided among several groups. “Twenty percent of the tokens are set aside for…
Author: user
Founded in 1966 in Vicenza in the northeastern Italian region of Veneto, the label renowned for its woven leather goods and expert craftsmanship became a part of France’s Kering group in 2001 (GABRIEL BOUYS)As Milan Fashion Week nears its end, fashionistas are eagerly awaiting Bottega Veneta’s Saturday show — as are investors seeing the brand’s sales rise each year.Earlier Saturday, the fashion set got a surprise at the Dolce & Gabbana show with Madonna in the front row — her face barely visible under a black lace veil.The catwalk became a tribute to the “Material Girl” superstar, with all models in…
How should a retail investor deal with Wednesday’s interest rate cut by the Federal Reserve and with the future rate cuts that seem to be on the horizon?What I plan to do is nothing. Which may be what you should do too.How can I say “do nothing” when the airwaves, print media, and the internet are filled with advice and suggestions — and warnings — about how to handle the Fed’s rate cut?Let me show you why my wife and I aren’t planning to do anything about the rate cuts, which will reduce our interest income but not threaten our…
Many of the businessmen I know are well-versed in economics, but none uses the science in their daily work. No other science is so thoroughly ignored by its practitioners. The reason is that economics went astray by borrowing ideas from physics.1 This mischaracterizes commerce as a “closed equilibrium system.”2 Commerce is instead a complex, adaptive, and open system in constant disequilibrium.3 Economics should instead borrow ideas from evolutionary biology. After all, early economists were the first to recognize evolutionary processes. The political economist Thomas Malthus spoke elegantly about the “struggle for existence” in 1798.4 Charles Darwin even credits Malthus with…
Kia’s electric vehicle lineup is expanding with the introduction of the EV4 sedan and hatchback. The EV4 Hatchback, recently spotted testing at the Nürburgring, offers a look into the upcoming model’s design and performance. Sharing the E-GMP platform with the EV6 crossover, the EV4 will be available in both sedan and hatchback body styles. While the sedan is likely to be offered in the United States, the hatchback is specifically designed for the European market, where sedans have seen declining popularity. The EV4 Hatchback is expected to enter production next year, with deliveries following shortly after. As the model approaches…
The Plymouth Barracuda, while a popular muscle car, was unique in its availability of the legendary 426 cubic inch HEMI engine. Unlike its contemporaries like the Road Runner and Satellite, the Barracuda only offered this powerful V8 for two model years, 1970 and 1971. This rarity, coupled with the HEMI’s discontinuation in 1971, has made the HEMI Cuda a highly sought-after and valuable collector’s item. Despite the passage of over five decades since its production, the HEMI Cuda remains a desirable choice for many classic car enthusiasts. While some examples have been restored or are in various stages of restoration,…
WASHINGTON (Reuters) -U.S. Vice President Kamala Harris has accepted an invitation from CNN to participate in a debate on Oct. 23 and hopes Republican rival Donald Trump will face her again less than two weeks ahead of the Nov. 5 presidential election, the Democratic candidate’s campaign said on Saturday. “Vice President Harris is ready for another opportunity to share a stage with Donald Trump, and she has accepted CNN’s invitation to a debate on October 23. Donald Trump should have no problem agreeing to this debate,” Jen O’Malley Dillon, the chair of the Harris campaign, said in a statement. The Trump…
This article was written byFollowI’m Jason Ditz and I have 20 years of experience in foreign policy research. My work has appeared in Forbes, Toronto Star, Minneapolis Star-Tribune, Providence Journal, Washington Times and the Detroit Free Press, as well as American Conservative Magazine and the Quincy Institute for Responsible Statecraft. I have been writing investment analysis, with a focus on deep-discount value plays, for over 25 years. I I got my start analyzing securities for a stock-picking contest on the now defunct StockJungle in college. After winning one of the top prizes for quarterly performance, I was hired to write…
Following a terrific start to the year, Super Micro Computer’s (NASDAQ: SMCI) stock chart has undergone a stark reversal over the past six months. It has lost close to 60% of its value from its peak, and recent developments seem to have further dented investor confidence in the company.First, the fiscal 2024 fourth-quarter results it released on Aug. 6 weren’t up to Wall Street’s expectations, and management’s guidance was disappointing. Second, short-seller Hindenburg Research released a report alleging accounting irregularities at Supermicro. Then, Supermicro management announced that it was delaying the filing of its annual report, which only added to…
Men have been steadily dropping out of the workforce, especially men ages 25 to 54, who are considered to be in their prime working years.According to the U.S. Bureau of Labor Statistics, the unemployment rate for prime-age working men was 3.4% in August 2024. This number primarily includes those who are unemployed and looking for a job. But about 10.5% of men in their prime working years, or roughly 6.8 million men nationwide, are neither working nor looking for employment, compared with just 2.5% in 1954.”The long-term decline in labor force participation by so-called prime-age men is a tremendous worry…