PHOENIX (AP) — Seven years after Joe Arpaio was ousted as sheriff of Arizona’s most populous county, taxpayers are still footing the bills from a racial profiling verdict over his signature immigration crackdowns – and those costs gave been getting heavier since. The tab for the legal and compliance costs in overhauling the Maricopa County Sheriff’s Office is expected to reach $314 million by mid-summer 2025, including $41 million approved Monday by county officials -- the most expensive for Mar
Judge Juan Merchan reprimands Robert Costello for audible reactions during final hush money testimony
Sarge986 LLC President Stephen “Sarge” Guilfoyle foresees two dominant macro trends that play a great role in influencing the market (^DJI, ^IXIC, ^GSPC) and whether stocks can hold onto the current rally. Guilfoyle joins Julie Hyman on Asking for a Trend to elaborate on the areas he is investing, taking advantage of the high inflationary environment: the utilities sector (XLU) and precious metal commodities such as gold (GC=F), silver (SI=F), and copper (HG=F). "As AI goes, as bitcoin (BTC-USD) goes on, as electric vehicles go on, the demand for electricity isn't going to be what it's been. Demand for electricity nationwide has gone up, maybe like less than 0.5% a year for a number of years," Guilfoyle explains. "From here on out. I think they're expecting 2 to 3% growth per year. so this is going to be an ongoing thing. You're not going to pay a low price for electricity, I don't think, probably for a long time." For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Luke Carberry Mogan.