Articles Posted by zeestephen
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The stock price of Trump Media soared more than 11% in premarket trading Friday morning after majority shareholder Donald Trump benefited from President Joe Biden stumbling through their first presidential debate...Trump Media, which trades under the DJT ticker, had closed down 6.42% on Thursday afternoon at $36.73 per share.
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Illegal immigrants are a net fiscal drain on public budgets for the same reasons that legal immigrants and native-born Americans with low levels of education are: They receive more in benefits from the system than they pay into it. [Sorry - very long read - great synthesis of every major immigration issue - the author agrees with the lowest estimated number of Illegals...15-16 million]
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The money covers a single person's basic expenses like housing in a studio apartment, food, health care, and transportation...San Francisco: $35.98 - New York: $33.58 - Seattle: $31.93 - Washington, DC: $28.89 - Los Angeles: $26.81 - Detroit: $19.70
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Fox News - 6/14-6/17 - 1095 (Reg. Voters) - 3.0 (Margin of Error) - Biden 50 - Trump 48
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"If the debt is stabilized relative to the size of the economy, we're in a reasonable place..." "...we should be looking at the real interest cost of the debt. That's really what the burden is." During the 2024 fiscal year, net interest costs on the debt have totaled $601 billion - more than the government has spent on health care or defense...
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1. Finland - 2. Denmark - 3. Iceland - 4. Netherlands - 5. Sweden - 6. Israel - 7. Norway - 8. Costa Rica - 9. Belgium - 10. Australia [USA? - You need to submit your email address to read the article - I passed on that opportunity]
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The Wall Street Journal has an article this week on the grim job market for computer science majors...Students were told the myths about the great shortage of computer workers and they responded by flocking to computer science programs. Now they are discovering that the shortage claims were a sham when they apply for after-graduation jobs. [Link to WSJ article in Comment #1 - my computer hits a Pay Wall]
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Judge Aileen Cannon has been criticized for her handling of the criminal case in Florida federal court against former President Donald Trump, who appointed her to the bench...Trump is charged in the case with crimes related to retaining classified government documents after he left the White House, and with obstructing the recovery of those records...Complaints filed since May 16..."appear to be part of an orchestrated campaign..."
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Scientists at the Institute for Cancer Research in London said the DIY spit test would catch more aggressive tumours and lead to fewer false alarms than the current NHS system...Men simply spit into a tube at home and send the sample off for lab analysis...Their DNA is checked for high risk genes or damage that could indicate prostate cancer...The study, presented at the American Society of Clinical Oncology conference, trialled the test on 6,142 men at GP surgeries in the UK.
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The charges against Trump are Class E felonies, the least serious category under New York law...Experts tend to think it is highly unlikely that Trump will face any jail time as a result of the hush money verdict...Due to the immense and complex challenges of incarcerating a former president, the judge might instead opt for a sentence of house arrest...The U.S. Constitution...does not bar felons from holding its highest office.
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Donald Trump on Monday again denied rape and defamation claims against him by writer E. Jean Carroll..."TWO separate trials awarded a woman, who I never met before (a quick handshake at a celebrity event, 25 years ago, doesn't count!), 91 MILLION DOLLARS for "DEFAMATION."
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The computer...uses an array of 100 lasers to perform calculations...Because the LPU100 lacks electronics, it can operate efficiently at room temperature and maintain a compact size similar to a desktop computer...It is also built entirely from well-understood laser technology and commercially available components...LightSolver [the Start Up] now offers select enterprise customers the ability to use the LPU100 through its cloud platform for problems involving up to 1 million variables.
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Moderna stock spiked in Wednesday trading, climbing 13.7% over the course of the day amid swelling concerns over the avian influenza outbreak in U.S. cattle...Moderna confirmed to Barron's that the company is in discussions with the federal government about "advancing our pandemic flu candidate." Pfizer did not immediately respond to a request for comment.
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President Calvin Coolidge signed it into law on May 26, 1924...despite the various and often invidious motivations of the Act's supporters, its effect was overwhelmingly positive for Americans of all races...The act led to a significant decrease in immigration, which had positive social and economic effects.
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A Louisville, Kentucky, police detective violated department policy by not turning on his body-worn camera while arresting Scottie Scheffler, the No. 1 golfer in the world, the city's police chief said...Scheffler's lawyer Steven Romines last week said Scheffler was told by another officer to drive around the other vehicles...Romines said that "multiple eyewitnesses have confirmed that he did not do anything wrong but was simply proceeding as directed."
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A stunt to shift blame to the GOP for the border...Senate Majority Leader Chuck Schumer (D-N.Y.) plans to bring a border bill...negotiated in secret by Sens. James Lankford (R-Okla.), Krysten Sinema (I-Ariz.), and Chris Murphy (D-Conn.)...to the floor for a vote...It would expand parole...Worse, it would codify the administration's mass release...
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Trump's decision not to take the witness stand was not a surprise, as testifying carries serious risks for any criminal defendant, particularly one with a tendency to speak off the cuff and undercut his prior statements, as he has shown in testimony in other civil matters...Trump had previously said he was "absolutely" willing to testify in the case...
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ESPN broadcast the PGA Championship on Thursday and Friday, plus early play on Saturday and Sunday...CBS Sports has prime time rights on weekend play...ESPN has a really interesting new feature (new to me anyway)...If you subscribe to ESPN+ you can choose full time coverage of individual player groups that include Rory McIlroy, Jordan Spieth, and Bryson DeChambeau (the longest hitter in the PGA)...Since many viewers just follow three or four golfers, that seems like a brilliant business idea to me.
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A survey of five million distant solar systems, aided by "neural network" algorithms, has discovered 60 stars that appear to be surrounded by giant alien power plants...Ever since theoretical physicist Freeman Dyson first proposed the idea at Princeton in 1960, astrophysicists have speculated that advanced extraterrestrials might have constructed massive solar energy collectors around one star or more. [Illustration in Comment #1]
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GameStop (GME) was up 74% on Monday during regular trading hours, and closed at $30.45...In After Hours trading, on Tuesday early AM, it has been up as much as 49% at $45.00...Is it pure hype?...Or, the greatest Short Squeeze anyone has seen for a long time?...Extreme buyer caution advised...At the $30 close yesterday, the GME Price/Earnings Ratio was 1,400...The median P/E for the S&P 500 is around 18
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