Fort Knox has been a source of fascination for Americans for generations. The vault, built in 1936 adjacent to the U.S. Army post in Fort Knox, Kentucky, currently holds 147.3 million ounces of gold, about 59% of total U.S. gold reserves, according to the U.S. Mint. The rest is stored at the West Point Bullion
Most tech executives selling the AI revolution focus on what it will do for everyone. Better products, more efficiency, higher productivity, broadly shared prosperity. It’s the pitch that keeps the investment flowing and the public sentiment warm. Alex Karp isn’t making that pitch. The Palantir CEO, who is already worth around $15 billion, thanks in
Real yields on Treasury Inflation-Protected Securities are at their highest levels since before the Covid pandemic, according to Mark Hulbert’s July 2026 MarketWatch analysis. He argues that current levels may compress if inflation expectations fall or the Federal Reserve cuts rates, narrowing the window to lock in a generous payout. A Treasury Inflation-Protected Security, or
To most people, Jamie Dimon represents the epitome of Western capitalism. Dimon is the CEO of JPMorgan, the largest bank in the U.S. with over $4 trillion in consolidated assets, according to the Federal Reserve Board, so his decisions have helped lead the country and the world into the economic condition it now finds itself
Pentair (PNR) was one of the pandemic’s quiet winners, riding America’s backyard pool boom. However, that run ended this week. The company pre-announced weak second-quarter results on July 14, cut its full-year outlook, and revealed its CFO had left four days earlier. Shares dropped about 15% the next day and hit a fresh 52-week low.
I haven’t met many people who were actually able to afford a new car. Sure, plenty buy them, but suffocating monthly loan payments mean the “affording” part isn’t exactly met. For decades, we shrugged off the warning that a new car loses 10% of its value the second it leaves the lot. The counter-argument was
Earlier this month, Tesla investors got some much-needed good news when the electric vehicle maker reported that it delivered more than 480,000 vehicles in the second quarter. The 25% year-over-year increase marked Tesla’s best second-quarter performance, topping the 466,140 deliveries it reported in 2023. Tesla reported declining annual deliveries in 2024 and 2025, so any
A warehouse shift in Tulsa will result in 184 job cuts, even as production lines beside it continue to operate. TheStreet recently reported that Coca-Cola is closing a Massachusetts bottling plant, while Mars-owned Nature’s Bakery is transferring production from a Missouri facility to other locations. The circumstances differ, but both showed how companies are redrawing
There is a moment in every bull market when doing nothing starts to feel like the dumbest thing a person can do. Everyone around you is up. The riskiest bets are paying the most. Sitting in cash looks less like discipline and more like cowardice, a failure of nerve dressed up as prudence. That feeling
I have been following the Strait of Hormuz crisis since February 28, when the conflict first began rerouting the global oil trade in ways most investors underestimated. It’s been 139 days. I covered Chevron CEO Mike Wirth’s warning in May, when he said oil price pressure was building and buffers were being drawn down. Now,