Wall Street

China’s Open-Weight AI Exposes Fiction Behind Wall Street’s Boom

July 29, 2026 Gary Wilson, Struggle - La Lucha. Resist! Artificial Intelligence (AI), China, Open Source, Wall Street

In July, free software from China set off the worst week for U.S. chip stocks in over a year and briefly cost Nvidia its place as the world’s most valuable company. Wall Street panicked because Chinese firms had matched the leading U.S. artificial intelligence systems. But the selloff exposed something deeper. The AI boom rests on the promise that a handful of U.S. corporations will own the technology and charge the world for every use. China is breaking that monopoly before it can be built. On July 16, the Beijing firm Moonshot AI released Kimi K3. DeepSeek’s V4 model was already on the market. Both compete with the strongest systems from Anthropic, OpenAI and Google. Both are “open weight.”

Emergency Loans Are Costing US Schools Millions

June 20, 2026 Michael Beyea Reagan and Jason Wozniak, Truthout. Educate! Debt, Public schools, State budgets, Wall Street

In school districts from Pennsylvania to Illinois, Kentucky to West Virginia, state and local budget delays are putting the pinch on classrooms and costing districts tens of millions of dollars in additional borrowing fees — money going straight to Wall Street. In effect, political failures like budget delays, faulty tax software programs, or just political impasses are forcing some of the poorest school districts to borrow money unnecessarily. It is a massive transfer of wealth out of our local classrooms directly to the richest banks and individuals in the nation.

How The Military-Industrial Complex Built The First Trillionaire

June 13, 2026 Gary Wilson, Struggle - La Lucha. Educate! Elon Musk, Trillionaire, Wall Street, Wealthy Class

On June 12, Wall Street did not discover that Elon Musk had created a trillion dollars in wealth. It marked up a paper claim on rockets, satellites, military contracts, public research and the future labor of thousands of workers — and assigned that claim to one man. That is how the first trillionaire was made. The financial press called it genius. The record shows something else. The military-industrial complex took a company that private capital would not carry on its own, rescued it with government money, fed it with guaranteed contracts and protected it as a monopoly because the Pentagon needed it.

Explosive Growth Of Prediction Markets: A Symptom Of A Sick Economy

June 8, 2026 Hadas Thier, In These Times. Educate! Casino Capitalism, Economic insecurity, Prediction Markets, Wall Street, Youth

Prediction markets are booming, and the mainstream media has been aflutter with breathless hype and valuations, boosting “one of the fastest growing [markets] in finance,” according to Fortune. “We’re at the beginning of a prediction markets supercycle that could drive trillions in annual volume over time,” Vlad Tenev, CEO of Robinhood, announced during the company’s quarterly earnings call in February, according to Forbes. Robinhood, an electronic trading platform catered to everyday users, got in on the prediction markets game in 2024.

Fertiliser And Grain Bosses Bank $66 Million Selling Shares During War

May 2, 2026 Clare Carlile, DeSmog. Educate! Big Ag, Fertilizer, Wall Street, Wars and Militarism

Senior executives, directors, and major investors from the world’s largest fertiliser and grain companies have sold shares worth more than $66 million (£49 million) during price hikes linked to the Iran war, DeSmog can reveal. Since the outbreak of the conflict in February, provoked by a U.S.-Israeli bombing campaign in Iran, fertiliser prices have increased by almost 45 percent – leading wheat producers in Australia to pare back planting, and some UK farmers to warn they may not sow for the summer season, risking soaring global grain prices.

Is Another Financial Crisis Brewing In The US Economy?

April 22, 2026 Ben Norton, Geopolitical Economy. Resistance Report Artificial Intelligence (AI), Economic crisis, United States, Wall Street

There are growing signs that the United States may be on the verge of another major financial crisis, one that could start in the private credit market, which is already seeing significant turmoil, before spreading to other sectors. Geopolitical Economy Report editor Ben Norton interviewed economist Michael Hudson to discuss the serious problems on Wall Street. Hudson warned that the US economy is built on a Ponzi scheme that depends on continuing to pour money into a bloated, bubbly financial system based on unsustainable speculation, not industrial production.

Trump Says The United States Can’t Afford Day Care

April 3, 2026 Gary Wilson, Struggle-La Lucha. Educate! Austerity, Child Care, Health Care, Iran, Social safety net, Trump Administration, Wall Street, Wars and Militarism

Stocks fell before Trump finished speaking in his April Fool’s address to the nation. Oil jumped to $109 a barrel. Asian markets dropped. Futures tied to the S&P 500 slid. Borrowing costs rose as the bond market, already strained by weeks of war spending, took another hit. This was not a reaction to the battlefield. It was a reaction to the president of the United States standing before the country with no way out of the war. Trump declared victory and threatened more bombing in the same breath. He said Iran’s military was finished, then promised strikes on power plants and oil facilities in the coming weeks.

How Close Is The Next Financial Crisis?

February 22, 2026 Jack Rasmus. Educate! cryptocurrency, Economic crisis, Financial Bubbles, Metals, United States, Wall Street

During the past fourteen months since Trump took office, financial asset market bubbles accelerated to record levels in 2025—i.e. S&P 500 and Nasdaq stock markets, bitcoin cryptocurrency market, and gold and silver markets. In early February 2026 these markets abruptly contracted, briefly recovered some, but then resumed decline once again. The key question debated today in corner offices, board rooms and hallways of finance capitalist institutions is whether the financial bubbles can continue growing much longer. If not, what’s next? After the abrupt and steep corrections will financial asset prices recover or are the February 2026 contractions a harbinger of more, and perhaps even larger, financial asset price declines to come?

Don’t Worry, Wall Street Journal, Health Insurers Are Profitable!

November 3, 2025 John Canham-Clyne, Fairness and Accuracy in Reporting. Educate! Health Care, Health Insurance, Health Insurers, Profiteers, Wall Street

On October 21, Elevance Health (the rebrand of for-profit health insurer Anthem) announced its third quarter results. Operating revenue went up 12% from the same three-month period last year, and profits as measured by normal accounting rules rose 17%. UnitedHealth Group, the nation’s largest insurer, went one better, raising its expectations for how much profit it will make this year, as it eased Wall Street’s worries by increasing the premiums it will charge for coverage in 2026. Please let the anxious folks at the Wall Street Journal know. They’ve been so worried. Over the past year, older Americans, low-income people who enroll in private Medicare and Medicaid insurance plans, and people covered by health insurance purchased from the Affordable Care Act exchanges have been doing something that private insurance companies and their Wall Street investors find disturbing: They’re actually going to the doctor and getting the healthcare they need.

How Libertarian Javier Milei Is Selling Argentina To Wall Street

October 31, 2025 Ben Norton, Geopolitical Economy. Educate! Argentina, Trump Administration, US Debt, Wall Street

The United States is propping up Argentina’s failing libertarian President Javier Milei and his ultra-neoliberal “anarcho-capitalist” experiment with $82 billion in debt. In fact, Trump basically bought Milei a victory in the October 2025 legislative midterm elections with this money. It was a successful US form of election meddling. People in Argentina now say openly that Milei is turning their country into a “colony of the US”. The US empire has clearly ensnared Argentina in a devastating debt trap. Milei has gleefully overseen the abrogation of his nation’s sovereignty, while cynically portraying himself as a “rebel”.

Don’t Let Wall Street Gamble With Your Golden Years

September 25, 2025 Chloe Rogers, Scheer Post. Educate! Economic Security, Retirement, Trump Administration, Wall Street

Your retirement savings are supposed to be the safest money you’ll ever have — not a roll of the dice. The whole point of a 401(k) and other retirement plans is to let you gradually build wealth that brings economic security in your golden years. But private equity firms are itching to lure retirement savers into Wall Street’s casino. Anyone who wants a secure retirement should recall what Las Vegas tourists inevitably learn: the house always wins. Private equity is a business model built on raising money from big, sophisticated institutional investors like pension funds, endowments, and insurance companies — then buying companies to flip them for profit. It works out well for Wall Street executives who pocket enormous fees, but it often leaves companies and workers in ruins.

Wall Street Is Killing The Housing Market

September 6, 2025 Garrett Brand, Inequality.org. Educate! Affordable Housing, Capitalism, Housing, Wall Street

There are few things more important than our homes. Alongside providing our shelter, homes are where we make memories with friends and family — where bonds are formed and strengthened. Unfortunately, the right to a home in America is under threat. Rents have skyrocketed, homelessness is rising, and home ownership is increasingly unattainable for most Americans. There are multiple causes, but one culprit stands out: classic Wall Street greed. Massive private equity corporations and hedge funds are buying up homes by the thousands — houses, apartment buildings, and mobile home parks alike — and then jacking up rents. This trend accelerated after the 2008 financial crisis, when investment firms snatched up homes in foreclosure and began renting them to the growing number of people locked out of ownership.

Corporate Landlords Are Taking Over Society, Making Life Unaffordable

August 11, 2025 Ben Norton, Geopolitical Economy. Resistance Report Banks, Blackstone, Capitalism, China, Economics, Finance and the Economy, GDP, History, Housing, Karl Marx, Neoliberalism, Real Estate, Wall Street

Landlords are taking over society. For many average working people, it has become impossible to buy a house. And the cost of renting housing has become prohibitively expensive. This problem is especially bad in the United States. But it’s not only a problem in the US; it’s a problem in many countries around the world — especially in Western countries in North America and Europe, whose economies have become financialized. In the United States, for instance, the largest landlord is not an individual; it’s a massive Wall Street investment firm: Blackstone, the private equity fund. Blackstone owned more than 300,000 rental housing units in the US as of 2023. The number has only increased since then. Blackstone and other Wall Street investment funds have been gobbling up residential housing. Then they ratchet up the cost of rent, which has fueled homelessness, as many people are being evicted from their homes.

How Wall Street’s Grip On School Finance Deepens Inequality

July 13, 2025 Claire Cahen, Inequality.org. Educate! Budget Cuts, Public Education, Wall Street, wealth inequality

Public school districts are bracing for cuts after the Trump administration’s decision to withhold $6.8 billion of education funding. But the financial squeeze is not new. For years, private finance has quietly shaped public education budgets. Schools have become deeply reliant on Wall Street debt to finance everything from basic infrastructure and classroom upgrades to day-to-day operations. The deeper schools fall into debt, the more they are bound by a set of financial rules that prioritize investors over students and teachers. School districts turn to debt financing when they face costs that their immediate budgets cannot cover.

Wall Street To Insurers: Keep Denying Care

June 8, 2025 Katya Schwenk, The Lever. Educate! Health Insurers, Profits, Shareholders, United Healthcare, Wall Street

A health care industry giant’s Wall Street overlords just admitted that the company’s sky-high health insurance coverage denial rates reaped them enormous profits — and to keep the money flowing, they’re suing to stop the insurer from approving more patient care. UnitedHealth Group has been facing growing discontent from its investors, a battle that — as the corporation faces mounting public scrutiny over its care denials — could shape the future of health insurance for 29 million people. A May 7 lawsuit brought by a small-time investor in UnitedHealth Group is one of the latest chapters in the battle, arguing that the company’s tanking stock performance this spring had cost its investors unfairly.

«1 2 3 4 5 6 7 8 9 10 »

assetto corsa mods

Daily movement news and resources