US Runs $5.5B Daily Deficit as Dimon Warns of Worse
TL;DR: Every day, Washington spends about $5.5 billion more than it collects, 24/7 Wall St. reported on October 21, 2026. In the same report, BlackRock's Larry Fink says he expects higher interest ra…
October 22, 2026
AI Stocks Could Crash in 2027: 3 Ways to Protect Money
TL;DR: Yahoo Finance reported on October 22 that a BloFin Research team sees a possible AI stock crash in 2027 and suggests three moves: shift toward equal weight funds like RSP, put some profits int…
October 22, 2026
Carlyle and Basic Capital Bring Private Markets to 401(k)s
TL;DR: Carlyle's private markets strategies are heading into 401(k) plans. According to Carlyle's own release, distributed via Public Technologies and carried by MarketScreener , the firm and Basic C…
October 22, 2026
Anthropic's $80.7B Loss: What the Draft S-1 Shows
TL;DR: Anthropic's draft IPO prospectus shows an $80.7 billion net loss for the first half of 2026, according to the Wall Street Journal . About $72 billion of that was a non cash accounting charge t…
October 22, 2026
The Week AI Blinked: Revenue Gaps Hit AI Stocks
TL;DR: OpenAI acknowledged last week that its annualized revenue was $20 billion less than what it had been touting to investors, according to The American Prospect . AI stocks sold off this week, an…
October 21, 2026
Are the Magnificent 7 Still Driving S&P 500 Q3 Earnings?
TL;DR: Yes, but narrowly. FactSet estimates Magnificent 7 earnings growth of 33.2% for Q3 2026, against 27.7% for the other 493 S&P 500 companies. Most of the group's growth comes from NVIDIA and…
October 21, 2026
Interest on the National Debt Hit a Record $1.36 Trillion
TL;DR: Treasury data show the government paid a record $1.36 trillion in gross interest in fiscal 2026, at an average rate of 3.53%, per Fortune . I'd price any private deal against what Treasuries p…
October 21, 2026
Mag 7 Prop Up the S&P 500: Is Your ETF Exposed?
TL;DR: The headline number on the S&P 500 looks healthy. Underneath it, most of the index is struggling. Benzinga reported on October 14, 2026 that the index has gained about 14% this year while …
October 21, 2026
Lost Track of an Old 401(k)? Your Savings May Be Slipping
TL;DR: USA Today reported on October 21, 2026, via Yahoo Finance , that billions of dollars sit in "automatic rollover" Individual Retirement Accounts. These are created when an employer re…
October 21, 2026
Suze Orman: Who Should Fund a Trump Account
TL;DR: Elon Musk said on October 19 that he will give every child in America a share of SpaceX next year, and he appeared to suggest the gift would go through Trump Accounts, Yahoo Finance reported o…
October 21, 2026
BofA: Each 1% Fed Hike Adds $95B a Year in Debt Interest
TL;DR: Bank of America analysts put a price on the rate debate this week. Fortune reported on October 20, 2026, that the bank's team wrote: "We estimate that interest expense rises $95 billion a…
October 21, 2026
Trumpflation's New Twist and What It Means for Stocks
TL;DR: Annualized inflation hit a three year high of 4.2% in May, according to The Motley Fool , which warns that tariffs and the ongoing closure of the Strait of Hormuz threaten stocks at record hig…
October 21, 2026