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US Issues Rare Condemnation Of Israeli Strikes On Syrian Airbase: 'Unnecessary Escalation' A top regional Trump envoy has said the US is "deeply concerned" after major new Israeli airstrikes on Syria overnight, following months of an absence of such attacks, and in the context…
Meta Faces Unprecedented Legal Reckoning Over Youth Mental Health As Massive Multistate Trial Begins Meta Platforms is facing a critical juncture in its battle over youth online safety. Just weeks after suffering a massive legal defeat in New Mexico, the parent company of…
Nvidia Confirms It Will Back Massive 4.25GW SoftBank Data Center In Ohio For $105 Billion Nvidia has confirmed reports that it is financially backing SoftBank's massive data center at the Portsmouth Site in Pike County, Ohio, with up to $105 billion in financing, a securities…
US Pending Home Sales Plunge Back Near Record Lows In July Following another disappointment in existing home sales in July, weak homebuilder sentiment, and plunging housing starts, pending home sales tumbled for the second month in a row in July (-2.3% MoM vs 0.0% exp - below…
Home Depot Earnings Offer Glimmer Of Hope As Small Projects Offset Renovation Downturn Home Depot reported stronger-than-expected second-quarter sales and profit as homeowners spent money on smaller do-it-yourself projects, giving the home-improvement retailer enough confidence…
Women Flee Ceuta After 15 Rapes Recorded Since Migrant Invasion Via Remix News, The Spanish Civil Guard has now confirmed there have been 15 rapes in Ceuta since the mass migrant invasion at the end of July, which has continued to shake Europe. In response, women are now…
Agricultural Commodity Prices Break Out As JPMorgan's Food Crisis Warning Gets Louder JPMorgan analyst Nora Szentivanyi's warning last week that the next global food crisis could begin as early as next year has been a major wake-up call for some, adding to the growing voices…
Buy-Now-Pay-Later Klarna Crashes As Outlook Cut Exposes Consumer Growth Cracks Klarna, the Swedish fintech firm best known for its buy now, pay later services, crashed in premarket trading in New York after it lowered its full-year revenue and gross merchandise value forecasts…
US Housing Starts Plummet In July, Near COVID Lows After Housing Starts exploded higher in June (driven by a massive rebound in multi-family units), July was expected to see a reflexive decline of 5.9% MoM... ...things were considerably worse, with US Housing Starts plunging…
"Sea Of Red": Futures Slide As Market Wakes Up To Soaring Bond Yields And Diesel Prices US futures are a "sea of red" (as Bloomberg describes it) in early trading as thin summer volumes persist, with the wrong kind of inflation coming to the fore and Monday’s tech selloff…
Disengagement: Trump Vows New Strategy To 'Strangle' Iran Over Time Summary No talks: Trump confirms US-Iran negotiations are off, vows to 'strangle them' over time. Hormuz attack: Tanker hit, injuring a crew member. Houthis escalate: Attacks shut Yemen’s Mokha port. Diplomacy…
Uber Eyes 1 Million Daily Drone Deliveries With Zipline Partnership Authored by Bill Pan via The Epoch Times, Uber is investing in and partnering with drone-delivery startup Zipline as it bets on growing demand for ultra-fast air delivery of takeout and groceries. Lucid, Nuro,…
As Japanese Bond Yields Soar, Unrealized Losses At Life Insurers Hit $200 Billion With Japanese bonds in freefall every day, pushing yields on 10Y JGBs to a 3 decade high, just shy of 3%... ... the time to pay the piper is fast approaching as unrealized losses on domestic bonds…
"Absolutely Unprecedented": Diesel Crack Spread Hits Record As Refined-Products Crisis Arrives Brent and WTI futures remain below $100 a barrel on Tuesday morning, partly suppressed by governments releasing strategic oil reserves into global markets. But the more serious issue…
Top Admiral Visits USS Lincoln, Suggests Reports Of Dire Conditions Are Greatly Exaggerated The top US military commander in the Middle East has personally visited the USS Lincoln carrier, which is currently patrolling the Middle East after having long been engaged in operations…
Blasphemy Law Is Back: Retired British Police Officer Fined For Islam Joke Authored by Steve Watson via Modernity News, A retired British police officer has been handed a criminal conviction and more than £1,000 in fines for resharing a satirical Facebook meme poking fun at…
Humanoid War Robots Could Soon Patrol US Southern Border To Combat Weaponized Migrant Flows Building on our February theme that physical AI and humanoid robots would move beyond factory floors and folding laundry in homes into conflict zones and other high-risk environments,…
If Other Countries Give Fewer Shots, Why Can't We Ask Why? Authored by Jack Hellner via AmericanThinker.com, By age 18, a child in the United States can receive roughly 30 to 75 total vaccine doses if they follow standard schedules and get annual flu shots. Fewer shots are…
Trump Doubles Down On Plans To Make Hormuz Strait A US Territory: "A Great Idea" Summary Trump repeats declaration that he'll make Strait of Hormuz a "US territory", calling it "a great idea". Iran goes "fully offensive": Tehran threatens escalation if diplomacy fails, after…
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