RT Wall Street Apes (@WallStreetApes)BOMBSHELL undercover reporting by @JamesOKeefeIII @OKeefeMediaNo-bid government contracts are being given to minority owned businesses, they then subcontract the work to bigger businesses, have them do the work and they both pocket hundreds of millions (WHAT A SCAM)“behind the facade, our investigation uncovers a network of so-called 8A pass-through schemes shell companies exploiting those very programs for profit. According to the SBA, the Biden-Harris administration aw ...

Now for more on what Wall Street should expect from a possible government shutdown, let's bring in Monica Gara. She is head of US policy at Morgan Stanley Wealth Management. Monica, Democrats are trying to make the shutdown potentially about healthcare relitigating the president's bill from the summer, literally.Who gets blamed for the shutdown, you think. And if government job cuts come along with it, who gets blamed for that. Does that matter for for the markets.I don't think that piece matters for market ...

Core Viewpoint - CoreCivic has been awarded a new contract to resume operations at the West Tennessee Detention Facility, which has been idle since September 2021, under an intergovernmental services agreement with ICE [1][2]. Contract Details - The intergovernmental services agreement (IGSA) is set to expire in August 2030, with potential for extension through bilateral modification [2]. - The agreement includes a fixed monthly payment and an incremental per diem payment based on detainee populations, with expected annual revenue of approximately $30 million to $35 million once fully activated [2]. Financial Impact - The contract is anticipated to have a minimal impact on earnings in Q3 2025, becoming accretive to earnings starting in Q4 2025, with full activation expected by the end of Q1 2026 [2]. Operational Expansion - CoreCivic has reactivated four previously idle facilities, totaling approximately 6,600 beds, and has made available over 1,000 additional detention beds to ICE through contract modifications [3]. - The reactivation of the West Tennessee Detention Facility is expected to create over 200 jobs in the local community [3]. Company Overview - CoreCivic is a diversified government-solutions company that provides a range of services including corrections and detention management, alternatives to incarceration, and government real estate solutions [4]. - The company is the largest owner of partnership correctional, detention, and residential reentry facilities in the U.S. and has been a reliable partner for government for over 40 years [4].

The Trump Musk soap opera saga continues. Just after 3:00 a. m.on Wednesday, Elon Musk, posted the following on X. I regret some of my posts about President Trump last week. They went too far.Well, according to NBC News, the chief of staff at the White House, Susie Wilds, and the vice president himself, JD Vance, were the ones who urged Elon Musk, to do just this and try to reel things in. So, while the president told the New York Post he wasn't thinking much about Elon Musk, not hot on his mind, that might ...

A public feud erupted last week between Musk and Trump over the president's massive tax bill. Now we're joined by Joshua Gallu from Unic. Josh.You've covered politics in the US for many years. Where does this leave Musk's relationship with President Trump. Well, you know, Trump is a very transactional personality, right.So he has fought and mended fences with many, many people in the past. It depends on what that person has to offer him politically or otherwise. So, you know, this this was, of course, in th ...