JPMorgan Warns Bessent’s Bond Buybacks Lack Credibility — and Could Make the Yield Problem Worse Over Time
JPMorgan strategists say Treasury's decision to at least double its bond buybacks addresses symptoms rather than root causes, warning that...
US Alcohol Consumption Holds at Historic Low as Majority of Americans Now Say Drinking Is Bad for Health
A Gallup poll of 1,200 adults finds 54% of Americans consume alcohol — matching last year's historic low and halting...
Trump Pauses 50% Tariff on Certain Canadian Goods for 3 Days, Declaring “We Have a Deal”
President Trump announced a three-day pause on 50% tariffs targeting roughly 5% of Canadian exports to the U.S., saying the...
Bond Rout Deepens: 30-Year Treasury Yields Hit 19-Year High as Wall Street Sees No End in Sight
With 30-year U.S. Treasury yields at their highest since 2007, Wall Street investors are blaming a convergence of forces —...
OpenAI’s Q2 Revenue Rose 18% to $6.7B — But Losses Deepened and Investors Are Comparing It Unfavorably to Anthropic
OpenAI reported $6.7 billion in Q2 revenue, up 18% sequentially from $5.7 billion in Q1, but its operating margin worsened...
Inside the Race to Build America’s First New Nuclear Reactor in a Generation — and Why AI Is Driving It
Nuclear startup Oklo is breaking ground at Idaho National Laboratory on one of America's first new reactors in decades, as...
Bitcoin Whales Are Buying Again — Adding $2.9 Billion in 60 Days — but Low Retail Participation Clouds the Recovery Signal
After months of selling, large Bitcoin holders have added roughly 43,000 BTC ($2.75B) over the past 60 days according to...
Big Food’s GLP-1 Reckoning: Conagra, Kraft, and Packaged-Food Giants Reformulate for the Not-So-Hungry
As GLP-1 weight-loss drugs suppress appetite across millions of households, packaged-food companies are retooling recipes, portion sizes, and sensory profiles...
Iran Fires Ballistic Missiles at Hormuz Shipping as U.S. Holds Back — and Arab Allies Grow Frustrated
Iran fired two ballistic missiles toward the Strait of Hormuz on Tuesday, triggering UAE air defenses, as the Trump administration...
Novo Nordisk Tests Low-Dose Wegovy Pills as Most Patients Already Stick to Smallest Doses
Novo Nordisk has launched a 450-person trial to determine the minimum effective dose of its oral Wegovy pill — a...
Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser