Category: EsstN
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Elephant Seal Stuns South African Town After Wandering Into Suburbs
A large elephant seal took a wrong turn and was seen lumbering along a street in a coastal town in South Africa early Tuesday, surprising residents and inspiring a rescue effort to get him back to sea. The two-ton seal, which an animal welfare group said was a young male, was making his way through…
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Investors Are Trapped in FOGI—Fear of Getting In—Not FOMO
Most investors have felt FOMO, fear of missing out. Nowadays, many are feeling the opposite. “In April, turmoil over President Trump’s tariffs drove U.S. stocks down 12% in four days. Some investors bailed out, worried Trump’s policies would overturn decades of agreements that helped global trade thrive.” Others had exited even earlier—either bracing for a…
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European Stocks Surge Past Global Markets Amid US Trade Woes
Europe’s equities have emerged as clear winners worldwide as the region’s economic outlook brightens while President Donald Trump’s trade war hobbles U.S. financial markets. Five months into the year, eight of the world’s 10 best-performing stock markets are in Europe, according to data compiled by Bloomberg. That list features Germany’s DAX Index with a rally…
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Amazon is issuing refunds to customers for returns made years ago — in some cases as far back as 2018
Amazon is issuing refunds to customers for returns made years ago — in some cases as far back as 2018 — that were never properly processed. “Following a recent internal review, we identified a very small subset of returns where we issued a refund without the payment completing, or where we could not verify that…
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Housing Data Signals Trouble Ahead Despite Easing Trade Tensions
Housing Market Flashes Warning of an Upcoming Recession Fears of a U.S. recession have temporarily eased following President Donald Trump’s move to scale back his trade war with China. But according to analysts at Citi Research, other significant threats persist. In a Friday note, Citi cautioned, “Housing activity looks set to contract in Q2 after…
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Hailstorms, Not Tornadoes, Are Driving the Spike in Insurance Rates Across Tornado Alley
The cost of homeowners insurance is soaring in states where large outbreaks of tornadoes are becoming more common. But it’s hail — not tornadoes — that are the biggest concern for insurers in the middle of the country, according to industry experts and analysts. “Even though tornadoes are a much more significant threat to life,…
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Major Retailers and Manufacturers Warn of Price Hikes Amid Trump’s Tariff Policies
Walmart announced on April 15 that it would raise prices because the tariffs imposed by former President Donald Trump were “too high,” particularly on goods made in China. “We will do our best to keep our prices as low as possible. But given the magnitude of the tariffs, even at the reduced levels announced this…
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The US is ending penny production: What Happens When the U.S. Stops Minting Cents?
Treasury Makes Final Penny Order “Grab your coin purse: The U.S. may be on the verge of ditching its penny.” According to The Wall Street Journal, the U.S. Treasury has placed its final order of penny blanks, signaling that the Mint will continue producing one-cent coins only until those blanks run out. Once that happens,…
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Shipwrecks Discovery: Construction Workers Discovered Six Centuries-Old Shipwrecks
Shipwrecks Construction on the Varberg Tunnel in Sweden—part of a modern railway project—has resulted in an unexpected bounty of historical underwater finds: six shipwrecks spanning the Middle Ages to the 17th century, all maritime remnants of what was once a bustling harbor. Of the six separate wrecks found, four are from the Middle Ages (or…
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Inside the Rise of the MAGA Economy: America’s Conservative Market Boom
Imagine the perfect morning.” You sleep on MyPillow sheets—courtesy of Mike Lindell, the conspiracy theorist. You sip Black Rifle Coffee, which “serves coffee and culture to people who love America”. Then comes a shave with Jeremy’s Razors (“built for rugged jawlines….not feelings”), followed by bacon from Good Ranchers, pledging to “make the American farm strong…