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Today’s Top Stories:
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GM’s Engine Recall May Not Have Worked. Nearly 1 Million Vehicles Are Now Under Investigation
Hundreds of GM owners reported engine failures after their vehicles received the approved recall remedy. Regulators are now investigating nearly one million trucks and SUVs, raising the risk of another costly repair campaign.
💡Sponsor Spotlight
The $100 Billion Baby Formula Industry May Be About to Change
Baby formula has barely changed in more than 150 years. Harmony believes it can change that using breakthrough human milk science developed by researchers from MIT and Harvard Medical School.
The company is tackling a global market serving more than 130 million babies every year with technology designed to more closely replicate the biology of breast milk.
Already backed by leading venture investors with $7.5 million raised, Harmony has also earned a "Top Deal" rating from Kingcrowd, which invested alongside more than 200 investors.
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Trump Promises 25% Cheaper Imported Beef. U.S. Ranchers Say It Could Backfire
Trump is opening the door to 661 million pounds of tariff-free imported beef. Consumers may see lower prices, but the biggest winners could be food companies, while U.S. ranchers warn the plan could prolong America’s cattle shortage.
💡Sponsor Spotlight
9.5% Fixed Rate. Six-Month Term.
Looking for stability while markets are volitile? The Groundfloor Bond Note offers accredited investors a fixed 9.5% annualized return over six months, with potential for a 0.5% bonus if called early. Previous offerings reached full subscription within days.
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Gold Jumps Nearly 5% as America’s Debt Problem Shakes the Bond Market
Gold is roaring back as America’s $40 trillion debt load, a weaker dollar and instability in the Treasury market revive demand for hard assets. One major bank believes bullion could climb much higher.
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AI Was Supposed to Fix Hiring. Why Job Seekers Say It’s Making Things Worse
AI-generated applications and automated screening have created a hiring arms race where companies receive more resumes but struggle to find the right people. The dysfunction may also be making the labor market look healthier than it really is.
💡Sponsor Spotlight
DEADLINE: Next "SpaceX Royalty" Payout This September
Thanks to a little-known loophole...
All investors can collect cash payouts from a special class of shares Marc Lichtenfeld calls "SpaceX Royalty Shares."
It's mandated by U.S. federal law.
That's why Wall Street giants like BlackRock and Morgan Stanley have been piling in, with JP Morgan increasing its stake by over 2,100%.
And on September 16th, the payout goes out.
An estimated $3.6 billion in total this year.
Miss the date, and you miss your payout window.
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