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Jeff Bezos Says Bottom 50% of Americans Should Pay No Taxes. The Real Culprit Is Federal Spending
24/7 Wall St.121d agoneutral
Jeff Bezos Says Bottom 50% of Americans Should Pay No Taxes. The Real Culprit Is Federal Spending

During a recent episode of The Pomp Podcast featuring guest Jordi Visser, host Anthony Pompliano highlighted a striking proposal from Amazon (NASDAQ:AMZN) founder Jeff Bezos. Bezos believes the bottom 50% of Americans should pay no federal taxes. According to the discussion, the bottom half of earners currently contribute only 3% of the federal budget, which lends credence ... Jeff Bezos Says Bottom 50% of Americans Should Pay No Taxes. The Real Culprit Is Federal Spending

Amazon allegedly made millions from this now illegal policy
TheStreet125d agoneutral
Amazon allegedly made millions from this now illegal policy

If it seems like everything is expensive these days, it might not be just because of inflation. When tariffs were raised, those costs were either passed onto consumers or companies. And now that some of the tariffs from the past year have been deemed unconstituitional, companies want their money ...

How QBTS Stock Rises 10x To $250
Trefis125d agoneutral
How QBTS Stock Rises 10x To $250

Yesterday, the U.S. Department of Commerce injected massive momentum into the quantum computing sector, announcing over $2.0 billion in federal incentives under the CHIPS and Science Act across nine quantum computing companies. D-Wave (QBTS) secured a $100 million letter of intent to accelerate domestic system fabrication, granting the federal government an equity stake. The stock surged immediately on the news, reflecting renewed investor confidence in sovereign backing for quantum infrastructu

Canadian regulator triples US streamers' financial contributions to Canadian content
Associated Press126d agoneutral
Canadian regulator triples US streamers' financial contributions to Canadian content

Large online streaming services must contribute 15% of their Canadian revenues to Canadian content, the country's federal broadcast regulator said Thursday. The CRTC made the decision as part of its implementation of the Online Streaming Act, which the U.S. has identified as a trade irritant ahead of trade negotiations with Canada. “The total contributions are expected to stabilize the funding at more than $2 billion in support of Canadian and Indigenous content, such as French-language content and news,” the regulator said in a press release.

Microsoft Is Market’s Biggest Drag as AI Woes Weigh Down Stock
Bloomberg126d agoneutral
Microsoft Is Market’s Biggest Drag as AI Woes Weigh Down Stock

(Bloomberg) -- The S&P 500 Index has had a fitful 2026 as it aims for a fourth-straight year of double-digit percentage gains, something it hasn’t done since the 1990s, while contending with risks from the war in Iran and rising inflation. Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Threatens to Retaliate Beyond Middle East If US AttacksGoldman CEO Slides Into Musk’s DMs During Bid to

The Bond Market Sees AI Making Warsh’s Inflation Bind Even Worse
Bloomberg127d agoneutral
The Bond Market Sees AI Making Warsh’s Inflation Bind Even Worse

(Bloomberg) -- To judge by a key bond-market signal, the AI boom is only worsening Kevin Warsh’s inflation problem.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranNATO Is Starting to Consider Hormuz Mission to Protect ShipsUS 30-Year Yield Hits Highest Since 2007 as Selloff DeepensMeta Begins 8,000 Global Job Cuts in AI Efficiency PushThe incoming Federal Reserve chair previously lashed out at the ce

Higher Prices Could Slow the AI Building Boom
The Wall Street Journal127d agoneutral
Higher Prices Could Slow the AI Building Boom

AI’s big bucks go mostly toward computing gear like chips and servers in data centers. Should that trend persist, it could come to bite suppliers including chip giant Nvidia which reports quarterly results after the bell today. Nvidia can insulate itself from cost inflation by expanding offerings that don’t require as much in-demand memory, by passing on higher prices to customers and by inking longer-term deals with its own suppliers at lower prices.

Investing.com132d agoneutral
Consumers sue Amazon for failing to refund unlawful Trump tariff costs

Investing.com -- Amazon.com Inc (NASDAQ:AMZN) has been hit with a proposed class-action lawsuit by consumers seeking refunds for inflated product costs passed down from tariffs that the U.S. Supreme Court later ruled were unlawfully imposed by President Donald Trump, according to a Reuters report.

President Trump’s Stock Broker Was the Busiest Person in America in Q1
24/7 Wall St.132d agoneutral
President Trump’s Stock Broker Was the Busiest Person in America in Q1

Markets don’t move in a straight line — and neither do the people running the country. Q1 2026 was a quarter defined by tariff headlines, rate uncertainty, and a broad S&P 500 pullback that rattled retail and institutional investors alike. Most people were paralyzed. Some panicked. And at least one person — or rather, one ... President Trump’s Stock Broker Was the Busiest Person in America in Q1

Why Nvidia Earnings May Matter More To The S&P 500 Than Fed Minutes Right Now
Benzinga134d agoneutral
Why Nvidia Earnings May Matter More To The S&P 500 Than Fed Minutes Right Now

For years, Federal Reserve minutes were among Wall Street's most market-moving events. But in today's AI-driven rally, one earnings report may now rival macro data releases in influence: Nvidia Corp (NASDAQ:NVDA). The Santa Clara, California-based chip giant, whose earnings are due next week, is worth roughly $5.3 trillion and recently surpassed the entire S&P 500 healthcare sector in market value, according to Barron's. Essentially, Nvidia is proving to be more than just another mega-cap tech s

BofA Just Picked FedEx Stock as One of Its Best Ideas: Logistics Giant Joins the US 1 List
24/7 Wall St.136d agoneutral
BofA Just Picked FedEx Stock as One of Its Best Ideas: Logistics Giant Joins the US 1 List

Bank of America has added FedEx (NYSE:FDX) to its “US 1 List,” a collection of its best investment ideas. The move, announced May 11, is a high-conviction symbolic signal even without a fresh price target attached. For long-term investors, the inclusion reframes FedEx stock as one of Wall Street’s preferred industrial transformation plays heading into ... BofA Just Picked FedEx Stock as One of Its Best Ideas: Logistics Giant Joins the US 1 List

Mother's Day flowers to come with a bigger price tag this year
Yahoo Finance Video139d agoneutralVIDEO
Mother's Day flowers to come with a bigger price tag this year

American families are expected to spend up to $38 billion on Mother's Day this year, according to the National Retail Federation (NRF), $3.2 billion of which will go toward buying flowers. UrbanStems CEO  Meenakshi Lala discusses broader consumer spending trends, especially for these sentimental holidays, while Americans navigate the K-shaped economy.