A recent Reagan Institute survey reveals that Americans are divided on how to address Social Security's projected insolvency in 2032. Most voters oppose raising payroll taxes (80%) or cutting benefits (90%), with slightly more support for raising the retirement age (26%). However, 71% favor cutting benefits for wealthy retirees with over $1 million net worth. The survey highlights widespread misunderstanding about Social Security funding and resistance to borrowing or increasing national debt. Medicare faces similar funding challenges, with mixed opinions on tax increases and benefit adjustments.
Since Jeff Bezos stepped down as CEO, Amazon's stock has significantly underperformed the S&P 500 and Nasdaq-100 indexes. This raises concerns about how Apple might perform when Tim Cook steps down as CEO on September 1. Investors are watching closel...
Chinese EV maker BYD reported a 30% increase in second-quarter net profit to 8.2 billion yuan, even as revenue fell 3% year on year to 194.6 billion yuan. The company cited sluggish domestic demand and fierce competition in China, but strong export g...
iMetal Resources Inc. announced the appointment of Paul Larkin as an independent director and Robert Scott as Chief Financial Officer, enhancing the company's capital markets, governance, and finance capabilities. Larkin brings over 43 years of exper...
Ethereum's price rallied 30% in a week, testing the key $2,500 level after months of demand buildup. Institutional interest grew with ETF inflows rising to $824 million weekly, pushing total ETF assets to $15.23 billion. Ethereum also reclaimed its r...
Archer Aviation is transforming from a focused eVTOL company into a broader aerospace, defense, and AI platform, reducing risks tied to a single market. Its near-term value is supported by defense contracts and Insitu's profitable $200M+ revenue, whi...
