12/22/2025
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‘Rather Brilliantly Evil’: Life In The Fast Lane With Robinhood Markets
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Authored by Eric Salzman via Racket News, (emphasis ours) By just about any
metric it has been a blowout year for the retail brokerage company Robinhood
Markets. The company’s stock (HOOD) price is up about 220% in 2025, revenues
and account growth have shot higher, and founder Vlad Tenev has become a
multi-billionaire. Robinhood was founded […]
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Denmark Furious After Trump Names Special Envoy To Greenland
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President Donald Trump announced late Sunday on Truth Social that he is
appointing Louisiana Gov. Jeff Landry to serve as the U.S. Special Envoy to
Greenland. The move prompted Denmark’s Foreign Minister, Lars Lokke Rasmussen,
to summon the U.S. ambassador, saying the appointment suggests continued
American interest in the resource-rich island. “I am pleased to […]
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Pump Baby, Pump! EIA Thinks OPEC Can Produce Far More Than Anyone Expected
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Authored by Julianne Geiger via OilPrice.com, The U.S. Energy Information
Administration quietly rewrote a key assumption about the global oil market
this week: OPEC can produce more oil than previously thought. In its December
Short-Term Energy Outlook, the EIA updated how it defines and estimates OPEC
crude oil production capacity. The result was a material upward […]
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Beijing Condemns Trump’s Gunboat Diplomacy After China-Bound Tanker Seizure
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Beijing has condemned the U.S. interception of sanctioned crude tankers off
the Venezuelan coast after a China-bound oil tanker was seized on Saturday.
Beijing said Venezuela has the right to conduct trade with other countries.
Reuters cited China’s foreign ministry spokesperson Lin Jian at a regular press
briefing, who said the US seizure of another […]
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Are American Students Getting Dumber?
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Chart via Joe Schueller. Chart via Joe Schueller. The school closures and
other disruptions associated with the COVID pandemic accelerated those
declines, of course, but they did not create the slump themselves. “The decline
in performance began well before COVID,” Dan Goldhaber, the director of the
Center for Education Data & Research at the University […]
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