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"Going Through Some Pain": Dick's Smashed Most On Record As Foot Locker Bet Goes Limp Dick's Sporting Goods shares crashed by the most on record Tuesday after the sporting goods retailer slashed its annual sales and adjusted operating-income forecasts, as softness at recently…
Canada Retaliates, Slaps $20 Billion In Tariffs On 700 US Goods Days after the US hit Canada with a 50% tariff on $20 billion worth of Canadian goods amid a collapse in trade talks - and a Monday threat to include cars, trucks, auto parts and steel, Canada hit back on Tuesday -…
Trump Admin Proposes New $100K H-1B Fee To Offset Immigration Enforcement Costs The Trump administration plans to charge employers a fee of $103,265 for H-1B skilled foreign workers, according to a proposed regulation posted on Monday. Revenue from the fee would be used to…
"This Is My Place Of Business": How Cakes And Coffee Continue To Be Groundzero In An Age Of Rage Authored by Jonathan Turley via Jonathan Turley, "This is my place of business." Those words from Jim Sheehan, owner of the Wydaho Roasters coffee shop in Driggs, Idaho, have sparked…
Rabobank: Bessent's Buyback Looks A Lot Like "Whatever It Takes", And Druck Isn't A Fan By Michael Every of Rabobank US Treasury Secretary Bessent took out a tactical nuke in saying he could use $1trn from the Treasury General Account to fund Special Military Operation Twist…
Watch: Top Zelensky Staffer Led Out Of Corruption Court In Handcuffs This is not a sight you see everyday, but it's one that's becoming increasingly common in the halls of power in Kiev. Footage of the detention of (now former) deputy head of Zelensky's office Irina Mudra, seen…
New Home Sales Collapsed In July As Consumer Confidence Hit 7-Month Lows The Conference Board's measure of Americans' Consumer Confidence fell from a revised-lower 90.2 to 89.4 in August (below the 90.2 exp) - the lowest since January. Interestingly, under the hood, we saw…
Is ICE Investigating Ilhan Omar? Trump 'Truths' Report On Withheld Fraud-Probe Records President Donald Trump drew fresh attention to a long-running controversy on Sunday when he reposted a Just the News article on Truth Social headlined "ICE refuses to disclose records on Ilhan…
US Home Prices Are Rising At Their Fastest Pace In A Year Following its unexpected rebound in May (from three months of declines), US home prices in America's 20 largest cities were expected to rise again (+0.1% MOM) in June (according to the latest data from S&P Cotality…
Oil Falls Further As US Prepares Return Of Diplomats To Mideast Embassies There continue to be clear signals that the White House is moving away from the potential for renewed military action and instead settling in for a long economic siege campaign targeting Iran, on a…
Are Canada's Economic Threats Against The US Legit Or Are They Bluster? In order to "win" a trade war, a country must first have something that other countries want or need. This basic rule defines every other aspect of the conflict, from tariffs to monetary isolation. When it…
Futures Bounce As Brent Drops Under $90 On Renewed Iran Optimism Global stocks rose as chipmakers rebounded, with falling bond yields adding support to risek sentiment after Brent crude slid below $90 a barrel, down more than 3% after a New York times reports that "evacuated…
Markets Now Face Two Wars And Two Economic Wars By Michael Every of Rabobank Two wars and two economic wars Friday’s Jackson Hole speech from Fed Chair Warsh would traditionally be the big event this week but that’s arguably no longer true: the action is not with central banks…
Death Of Europe's Industrial Base: 140,000 VW Jobs At Risk As Union Brands Turnaround Plan "Cloud Cuckoo Land" If further evidence is needed to support Nomura analysts' view that Europe's 18-month election cycle, which is kicking off now, will accelerate the continent's shift…
Bessent Drops Iran Sanctions Hammer On Dozens Of Chinese Firms, Spares Big Banks As Beijing Threatens Retaliation The Trump administration's "Operation Economic Outcast" has expanded the sanctions campaign across China and Hong Kong, targeting dozens of individuals and…
CIA Director Ratcliffe Covertly Flew To Moscow For High-Level Meetings: Report Summary: CIA Director Ratcliffe On USAF Cargo Jet Flight To Moscow US Air Force C-17 Makes Mysterious Visit To Moscow CIA Director Ratcliffe On USAF Cargo Jet Flight To Moscow CBS News Senior White…
Iran's Economy On The Ropes Amid Hyperinflation And Widespread Gas Shortages, As Trump Blockade Bites Bessent is on a roll: first his attempt to send yields sharply lower by announcing an aggressive TSY buyback expansion, failed spectacularly, and then today, the US “economic…
Uranium Awakens From Five-Month Slumber As UBS Warns Market Is "Tightening Structurally" Bloomberg's continuous front-month uranium futures contract (UXA1 Comdty) briefly surged above $100 a pound in late January, driven by tightening supplies, renewed government support for…
Details Of Iran's First Known Successful Cyberattack Against A UK Energy Facility Via Middle East Eye Iranian hackers shut down a British power plant for four days in an unprecedented cyber attack, the Sunday Telegraph reported. According to the newspaper, the incident appears…
Goldman Sounds Alarm: Europe May Need €100 NatGas Shock To Refill Winter Storage We have warned that Europe is approaching a twin energy crisis, with the Northern Hemisphere winter now just three months away. Dutch front-month gas futures, Europe's benchmark contract, surged…
Norway Takes Oilfield Climate Battle To Supreme Court By Tsvetana Paraskova of OilPrice.com, The Norwegian government is asking the country’s Supreme Court to overturn lower-court rulings that invalidated the development permits of three new oilfields in Norway’s North Sea. The…
Iran Unveils Huge New Gas Discovery Amid US Economic Pressure Iran announced a huge new gas discovery in the southern province of Fars, with the oil ministry reporting estimates of 7.5 trillion cubic feet of gas, of which 73% is recoverable, or 5.7 trillion cu ft, OilPrice…
Spain's Great Replacement: Half Of Unskilled Construction Workers Are Now Foreign Laborers Via Remix News, Spain's construction industry is undergoing rapid demographic changes. Foreign-born workers in unskilled construction roles now make up 52.6 percent of all workers,…
Society Collapse 2040: The Year The World Stops Working And Starts Dying Authored by Milan Adams via Preppgroup, The Mathematical Warning That Refused to Fade Fifty-four years ago, a team of researchers at MIT fed population data, resource consumption curves, and pollution…
Central Banking: The Scourge Of Civilization Authored by George Ford Smith via Mises Institute, Apple builds and sells iPhones. I happen to own one of the older models, for the same reason I own a last-legs older model car. What if Apple could skip the build part and sell only…
World's Largest Refiner Says China's Oil Demand "Very Likely Peaked Last Year" One of the most understated stories of 2026, and the reason why oil (and gas) aren't trading at persistently nosebleed levels (ignore diesel for the time being), has been China's unexpectedly weak oil…
DOJ To Deploy 1,000 Election Monitors For Midterms The Justice Department is preparing to send a record 1,000 federal monitors to polling places for the 2026 midterms, the largest deployment of its kind in the agency's history. Harmeet Dhillon, the assistant attorney general who…
Japan Power Prices Surge To Highest Since 2023 By Tsvetana Paraskova of OilPrice.com Japan’s nationwide day-ahead electricity price soared by 20% in one week to settle on Monday at the highest level since January 2023, as gas supply disruptions from the Middle East and an…
Inside China's Humanoid Robot Boom: What BofA Analysts Saw On The Ground In Beijing China put its humanoid robotics industry on full display last week with a series of technological, commercial, and capital-markets milestones. Beijing first hosted the 2026 World Robot…
Michigan's Energy Abundance Is On The Ballot Authored by Samantha Fillmore via RealClearEnergy, It is indisputable that energy is the lifeblood of every civilization. We are reminded of that truth daily at the gas pumps and when it's time to recharge the latest iPhone. Another…
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