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Anthony Scaramucci Warns US Is Drifting Toward Oligarchy: ‘Greed In A Society Always Overcomes Wisdom’

Anthony Scaramucci Warns US Is Drifting Toward Oligarchy: ‘Greed In A Society Always Overcomes Wisdom’

by Snigdha Gairola | Jun 22, 2026 | General

SkyBridge Capital founder Anthony Scaramucci on Sunday said that growing wealth concentration in the U.S. is undermining democratic capitalism, warning that greed is increasingly overpowering wisdom in shaping economic outcomes. Scaramucci Says Wealth Concentration Is...

Nasdaq Jumps Nearly 500 Points On Iran Peace Deal Hopes: Investor Sentiment Improves, Greed Index Remains In ‘Fear’ Zone

by Avi Kapoor | Jun 22, 2026 | General

The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the “Fear” zone on Thursday. U.S. stocks settled higher on Thursday, with the Nasdaq Composite surging almost 500 points during the session, led by a...

Outdoor Holding, Sagtec Global And 3 Stocks To Watch Heading Into Monday

by Avi Kapoor | Jun 22, 2026 | General

With U.S. stock futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Outdoor Holding Co. (NASDAQ:POWW) to post a quarterly loss of 1 cent per share on revenue of $12.70 million before...

MP Materials, USA Rare Earth Among 10 US Firms Hit By China’s New Export Curbs

by Namrata Sen | Jun 22, 2026 | General

Beijing imposed export controls on ten U.S. industrial suppliers on Monday, including rare earth miners and drone manufacturers, escalating the ongoing trade tensions between the two nations. China’s Ministry of Commerce has targeted ten American industrial suppliers,...

Mark Zandi Says Top 20% Of Americans Now Account For Nearly 60% Of Spending As Bottom 80% Fall Behind Inflation

by Rishabh Mishra | Jun 22, 2026 | General

Moody’s Analytics chief economist Mark Zandi has warned that America’s stark economic divergence remains “firmly intact,” as newly updated data reveal a bruising financial reality in which the bottom 80% of earners are losing the battle against inflation, while top...
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