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1
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Federal Judge Orders DHS Not To Obey Order From Another Judge
Federal Judge Orders DHS Not To Obey Order From Another Judge Authored by Zachary Stieber via The Epoch Times, A federal judge on July 8 said the Trump administration must not comply with an order from another federal judge and must continue to have key functions of an immigration database disabled. The Department of Homeland Security building in Washington on March 25, 2024. Madalina Vasiliu/The Epoch Times Judge Sparkle Sooknanan of the U.S. District Court for the District of Co...
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2
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Three Reasons Gas Prices Are Likely To Remain Elevated
Three Reasons Gas Prices Are Likely To Remain Elevated The US national average for regular 87-octane gasoline remained uncomfortably above the politically sensitive $4-per-gallon threshold for roughly two and a half months. That stretch pressured lower-income consumers, forcing many to trade down or cut discretionary spending while weighing on broader consumer sentiment. The key question now is whether pump prices have further room to fall or whether current levels will become the ...
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2
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World's First Commercial Nuclear-Powered Satellite Set For Launch Aboard SpaceX Rocket
World's First Commercial Nuclear-Powered Satellite Set For Launch Aboard SpaceX Rocket Authored by Mrigakshi Dixit via Interesting Engineering, Miami-based City Labs is all set to launch the world's first commercial nuclear-powered satellite into orbit. NanoTritium battery Citi Labs Solar panels have some challenges. When a satellite slips into the shadow of the Earth, hits a permanently dark lunar crater, or drifts into deep space, its solar arrays become useless. Batteries can s...
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3
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Federal Appeals Court Upholds Illinois Ban On 'Assault Weapons'
Federal Appeals Court Upholds Illinois Ban On 'Assault Weapons' Authored by Aldgra Fredly via The Epoch Times, A federal appeals court on July 9 upheld Illinois’s ban on the sale and possession of “assault weapons” and large capacity magazines, overturning a lower court ruling that had blocked enforcement of the law. Illinois Gov. JB Pritzker signed the Protect Illinois Communities Act into law in January 2023 after a gunman killed seven people in a 2022 shooting during an Indep...
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3
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Watch: New Video Shows McConnell Wheeled Out On Stretcher After June Cardiac Emergency At D.C. Home
Watch: New Video Shows McConnell Wheeled Out On Stretcher After June Cardiac Emergency At D.C. Home New video shows emergency responders loading Sen. Mitch McConnell (R-Ky.) onto a stretcher and into an ambulance outside his Capitol Hill residence on the morning of June 14, the same day the longtime Senate Republican leader was hospitalized. The neighbor-recorded footage, first published Friday by CNN, depicts emergency vehicles - including multiple ambulances and a fire truck - cl...
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3
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SK Hynix ADRs Open At $170, Tapping Wall Street Liquidity To Fuel Korea's AI Memory Boom
SK Hynix ADRs Open At $170, Tapping Wall Street Liquidity To Fuel Korea's AI Memory Boom Summary: SK Hynix's ADR Open at $170 SK Hynix Chairman Tells Bloomberg "Demand Will Be Exponentially Growing In Future" SK Hynix's ADRs Set to Open $175 SK Hynix's ADRs Set to Open at $181, 22% Premium Above $149 Offering Price SK Hynix ADRs Priced At 3% Premium As Wall Street Readies Wave Of Leveraged ETFs SK Hynix's ADR Open at $170 Shortly after SK Hynix Chairman Chey Tae-won appear...
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3
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RFK Jr. Plans To Create A List Of Injuries Caused By COVID-19 Vaccines
RFK Jr. Plans To Create A List Of Injuries Caused By COVID-19 Vaccines Authored by Zachary Stieber via The Epoch Times, Health officials are proposing a plan to clarify which COVID-19 vaccine side effects would be eligible for government financial compensation, according to a new notice. Health Secretary Robert F. Kennedy Jr. in Minneapolis on May 21, 2026. David Berding/Getty Images The Department of Health and Human Services (HHS) and one of its divisions said in a description o...
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4
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Mitsubishi Motors Joins Physical AI Race With Humanoid Robot Production Deal
Mitsubishi Motors Joins Physical AI Race With Humanoid Robot Production Deal Mitsubishi Motors shares surged as much as 17% in Tokyo on Friday after the automaker unveiled a deal with the University of Tokyo startup Highlanders to mass-produce humanoid robots, signaling a push beyond its core automotive business and reinforcing a broader trend we have highlighted that could sweep across the global auto industry. Highlanders signed an MOU with Mitsubishi Motors to develop humanoid r...
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4
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UAE Oil Output Hits All-Time High, Doubling Pre-Crisis Levels
UAE Oil Output Hits All-Time High, Doubling Pre-Crisis Levels Confirming reports from earlier this week, the latest estimates from the International Energy Agency signaled that the United Arab Emirates (UAE), which unexpectedly quit OPEC earlier this year in a shock move that threatened the cohesion of OPEC, produced 4.1 million barrels per day (bpd) of crude oil in June, its highest output ever. The UAE’s crude oil production jumped from 3.3 million bpd in May to 4.1 million bpd i...
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4
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IEA Warns Escalation In US-Iran Hostilities Could Upend Oil Surplus Forecast
IEA Warns Escalation In US-Iran Hostilities Could Upend Oil Surplus Forecast Despite the tentative recovery of oil flows through the Strait of Hormuz and the first build-up in global stocks since the war began, this week’s re-escalation of the U.S.-Iran hostilities could flip the outlook for an oil market surplus for next year, the International Energy Agency said on Friday. Oil prices have plunged since the United States and Iran signed the memorandum of understanding (MoU) in th...
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4
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No Takers, Nor Tankers
No Takers, Nor Tankers By Molly Schwartz, cross-asset macro strategist at Rabobank Daily crossings through the Strait of Hormuz increased substantially after the US and Iran announced a “peace” agreement in mid-June. However, those numbers have started to dwindle as the ceasefire—peacefire, shmeasefire—appears increasingly shaky. According to Bloomberg, the Joint Maritime Information Center said that traffic through the Strait remains at “reduced levels,” (around 24% of pre-war tra...
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4
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Guns Fall Silent As Trump Says US-Iran Talks On Again, But Insists 'In No Uncertain Terms, Ceasefire Is OVER'
Guns Fall Silent As Trump Says US-Iran Talks On Again, But Insists 'In No Uncertain Terms, Ceasefire Is OVER' The guns have actually been silent in the Middle East overnight, after two days of deadly strikes between the United States and Iran, amid a general return to premarket open headlines of 'peace imminent again' as mediators desperately work to get diplomacy back on track. The White House position is that the ceasefire is over but that Washington has agreed to reengage Tehran ...
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4
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Trump Refuses To Sign Landmark Housing Bill In Protest Over Stalled Elections Legislation
Trump Refuses To Sign Landmark Housing Bill In Protest Over Stalled Elections Legislation President Donald Trump declared Friday morning that he won't sign the sweeping bipartisan housing bill awaiting action on his desk in protest of the Senate's failure to pass his signature elections legislation. Unless the president issues an outright veto by midnight, however, the housing package will become law Saturday without his signature. President Donald Trump attends an event to mark the...
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4
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SK Hynix ADRs Set To Open At $181, Well Above Offering Price
SK Hynix ADRs Set To Open At $181, Well Above Offering Price Summary: SK Hynix's ADRs Set to Open at $181, 22% Premium Above $149 Offering Price SK Hynix ADRs Priced At 3% Premium As Wall Street Readies Wave Of Leveraged ETFs SK Hynix's ADRs Set to Open At Premium SK Hynix's ADRs, trading under the temporary ticker SKHYV, are indicated to open at $181 per share, 22% above their $149 offering price. The strong opening suggests robust investor demand for the world's leading suppl...
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5
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Polymarket Seeks Approval To Bring Margin Trading To U.S. Customers
Polymarket Seeks Approval To Bring Margin Trading To U.S. Customers Authored by Olivier Acuna via CoinDesk, Prediction market Polymarket applied for a license to offer U.S. users margin trading, enabling them to place bets with less upfront capital, Bloomberg reported Thursday. Polymarket takes another step in its return to the U.S. (Kanchanara/Unsplash) Polymarket's U.S. affiliate, Coming Home GBA LLC, filed for a futures commission merchant license with the National Futures Asso...
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5
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Ryanair Passenger Partially Sucked Out Of Plane After Window Shatters
Ryanair Passenger Partially Sucked Out Of Plane After Window Shatters A 61-year-old Serbian man was almost sucked out of a Ryanair flight after a piece of the plane's engine broke off and struck a window on the Boeing 737-800, causing it to shatter. The man's wife and other passengers pinned the man to his seat for five minutes as his "head and shoulders" were hanging outside the plane, which had left Greece's Macedonia airport for Germany at 5:55 a.m. CNN Greece reports. "The...
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5
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"GPIF To The Rescue?" Yen Jumps After Japan Urges Pension Funds To Invest More At Home
"GPIF To The Rescue?" Yen Jumps After Japan Urges Pension Funds To Invest More At Home After a relentless collapse in the yen to a 40 year lows, the trajectory was finally dented overnight when Japan’s finance minister called for the nation’s massive pension funds to increase investments in domestic assets, boosting the yen from near four-decade lows and spurring a rally in bonds. “One priority is to encourage households, as well as pension funds including the GPIF, to increase the...
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5
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JPMorgan Says The Real Threat To Bitcoin Isn't Strategy (MSTR), It's Private Blockchains
JPMorgan Says The Real Threat To Bitcoin Isn't Strategy (MSTR), It's Private Blockchains Authored by Micah Zimmerman via BitcoinMagazine.com, Strategy’s recent bitcoin sales and its formal monetization program have rattled investors, but JPMorgan analysts see a bigger danger to bitcoin: blockchain adoption that routes around public networks and the tokens that ride on them. In a report led by managing director Nikolaos Panigirtzoglou (ZH: available here for professional subscrib...
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6
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Trump Took Old Air Force One To Leave Turkey As Security Measure: White House
Trump Took Old Air Force One To Leave Turkey As Security Measure: White House Authored by Timothy Frudd via The Epoch Times, The White House said Thursday that President Donald Trump’s departure from the NATO summit in Turkey aboard the old Air Force One was a “distraction and misdirection” intended to address threats against him. The decision to have Trump travel aboard the old Air Force One aircraft came after Trump said he was at the top of Iran’s kill list following renewed ...
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6
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SK Hynix ADRs Priced At 3% Premium As Wall Street Readies Wave Of Leveraged ETFs
SK Hynix ADRs Priced At 3% Premium As Wall Street Readies Wave Of Leveraged ETFs The next test of the AI trade arrives today, as South Korean memory-chip maker SK Hynix's American depositary receipts begin trading under the temporary ticker SKHYV. Shares were priced at about a 3% premium to Thursday's close of its ordinary shares in South Korea. The $26.5 billion offering attracted demand for roughly seven times the shares available, forcing the chipmaker to scale back allocations...
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7
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France Pushes Syria Strategic Energy Corridor Vision Despite Bombing During Macron Visit
France Pushes Syria Strategic Energy Corridor Vision Despite Bombing During Macron Visit Via The Cradle French Foreign Minister Jean-Noel Barrot on Thursday said that Paris is developing "alternative routes" following a return to war between the US and Iran, singling out Syria as a primary gateway to Persian Gulf oil. "Among all the efforts we have made since the start of this crisis, there is the idea of preparing alternative routes so that we are not dependent on blockages here ...
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8
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BP Weighs North Sea Exit Under New CEO
BP Weighs North Sea Exit Under New CEO Authored by Michael Kern via OilPrice.com, BP has started to simplify its portfolio and cut costs, and will make fewer but better choices in which projects to invest, chief executive Meg O’Neill said on Thursday. “We are taking concrete action to grow long-term value for shareholders: simplifying our portfolio, reducing costs, maintaining tight discipline on capex and strengthening the balance sheet,” O’Neill, the first female CEO of a Big ...
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9
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Better Off? How Generational Progress Slowed In The US
Better Off? How Generational Progress Slowed In The US Bettering yourself financially or at least giving your children the opportunity for a more prosperous future has driven people to emigrate to the United States for generations. But is the next generation still better off in this day and age? The answer is yes, but not by that much. At least, as Statista's Katharina Buchholz reports, this is the verdict given in a discussion paper published by the Federal Reserve Board of Wash...
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10
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Europe Votes Against Thought-Policing 'Chat Control', Brussels Passes It Anyway...
Europe Votes Against Thought-Policing 'Chat Control', Brussels Passes It Anyway... On Thursday in Strasbourg, 314 Members of the European Parliament voted to reject the return of "Chat Control," the legal regime allowing tech companies to scan the private messages of roughly half a billion Europeans. Illustration via proton.me Only 276 voted to keep it. So naturally, the scanning regime won - thanks to a 'quirky' voting procedure in Brussels that allowed legislation to survive eve...
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11
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Is She Going To Eat It?
Is She Going To Eat It? Authored by Steve Watson via Modernity News, Migrants continue to treat Britain's streets, parks, and waterways like a personal hunting ground, with fresh footage exposing the grim reality of unchecked mass immigration. A disturbing new video circulating on X shows a woman - widely identified in comments as a migrant - seemingly actively hunting birds. She uses a sheet to capture a seagull perched on a gate or property edge. After securing the bird, she ...
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12
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Erdogan Taunts Israel and Greece After Trump Hands Turkey F-35, Sanctions Win
Erdogan Taunts Israel and Greece After Trump Hands Turkey F-35, Sanctions Win Turkish President Recep Tayyip Erdogan has responded to ongoing Israeli and Greek objections to the possible US sale of F-35 fighter jets to Turkey by mocking the Turkish enemies and rivals. Opposition to the potential stealth fighter transfer raised by Prime Minister Benjamin Netanyahu and Greece’s Kyriakos Mitsotakis "has no place in my world," Erdogan said in his characteristically bellicose manner. "...
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13
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Europeans Should Embrace The American Revolution
Europeans Should Embrace The American Revolution Authored by J.B. Shurk via American Thinker, The time has come for Europeans to declare their independence from ruling-class tyranny. We made it to our two-hundred-fiftieth birthday, America. What’s next? Let’s get back to work, so that our descendants can celebrate one thousand. Making sure the American Experiment endures is work, after all. Protecting American ideals from our ideological enemies is never easy. Well before o...
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15
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113 Active Spies From Foreign Countries Arrested: FBI Director
113 Active Spies From Foreign Countries Arrested: FBI Director Authored by Naveen Athrappully via The Epoch Times, The FBI has arrested 113 active spies from foreign nations, agency director Kash Patel said on Wednesday. FBI Director Kash Patel testifies on Capitol Hill in Washington on May 12, 2026. Madalina Kilroy/The Epoch Times The arrests of foreign spies "means our tech stays home and our defense secrets stay locked down," a video shared by Patel on X said. "But the FBI didn...
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16
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Federal Agents Targeting Illegal Truck Drivers At Weigh Stations Nationwide
Federal Agents Targeting Illegal Truck Drivers At Weigh Stations Nationwide By Noi Mahoney of FreightWaves Federal immigration agents are now working alongside state troopers at commercial truck weigh stations across the country as the Trump administration intensifies its crackdown on illegal commercial drivers, according to U.S. Border Czar Tom Homan. Appearing on Fox News on Tuesday, Homan said the Department of Homeland Security is partnering with the U.S. Department of Trans...
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16
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When Will The Cattle Cycle Turn? BofA Has Answers For Beef Lovers
When Will The Cattle Cycle Turn? BofA Has Answers For Beef Lovers Bank of America analysts spoke with Oklahoma State University agricultural economist Derrell Peel, who offered new insight into the US cattle cycle. His key takeaway: the herd-rebuilding phase may not meaningfully begin to turn until near the end of the decade, suggesting elevated beef prices at the supermarket are here to stay. The most important issue in the beef industry is when the cattle cycle will turn. The ...
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17
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'World's Largest' Heavy-Lift Cargo Aircraft Targeted For Military And Disaster Logistics
'World's Largest' Heavy-Lift Cargo Aircraft Targeted For Military And Disaster Logistics Authored by Christopher McFadden via Interesting Engineering, Radia and Blue Water Shipping (Blue Water) have announced a strategic alliance that will combine the former's gigantic Windrunner aircraft with the latter's global logistics network. Under the agreement, Radia will supply the aircraft, and Blue Water will do basically everything else. Image of several Radia Windrunner aircraft taxiin...
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17
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"Turn Off Bluetooth, Use Signal": ACLU Advises Anti-Trump Protesters On Evading Gov't Surveillance
"Turn Off Bluetooth, Use Signal": ACLU Advises Anti-Trump Protesters On Evading Gov't Surveillance If you want a sign of how the left-wing, permanent protest-industrial complex is gearing up for the next wave of street mobilization, look no further than Chad Marlow, a senior policy counsel at the ACLU. Marlow, whose work focuses on privacy, surveillance, and technology, has circulated guidance for protesters on social media about how to limit digital exposure, avoid government surv...
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18
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Israel Hands US Curiously-Timed Intelligence Saying Iran Plotting To Assassinate Trump
Israel Hands US Curiously-Timed Intelligence Saying Iran Plotting To Assassinate Trump Update(21:00ET): Here's what President Trump said from Ankara on Wednesday which left many wondering just what he was referring to: "They want to take out the U.S. leader—me," he said in reference to the Iranians. "I’m on every list. I saw this morning, I’m on every single one of their lists. And so far, I guess I’ve been a little bit lucky, but that maybe doesn’t last very long." The Wall Street...
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18
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Justice Department Agrees To End Biden-Era Oil and Gas Leasing Restrictions In Alaska
Justice Department Agrees To End Biden-Era Oil and Gas Leasing Restrictions In Alaska Authored by Jill McLaughlin via The Epoch Times, The U.S. Department of Justice said July 7 the Biden administration’s oil and gas leasing restrictions in northern Alaska’s Arctic region violated federal law and asked the court to dismiss lawsuits by the state and its industrial development and export authority challenging the regulations. The lawsuits were filed in 2025 over the Biden administ...
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18
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New Hampshire Kills Historic $100M Bitcoin Bond Proposal
New Hampshire Kills Historic $100M Bitcoin Bond Proposal New Hampshire's Executive Council narrowly rejected a proposal Wednesday that would have authorized a $100 million Bitcoin-backed bond, ending what supporters hoped would make the state a pioneer in digital asset finance, according to Bitcoin Magazine. The measure failed in a 3-2 vote after reaching its final approval stage, despite receiving a favorable rating review from Moody's and backing from Governor Kelly Ayotte and th...
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19
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SoCal Education Leaders Stole Nearly $20M From Schools; Report
SoCal Education Leaders Stole Nearly $20M From Schools; Report Authored by Bryan Hyde via American Greatness, A new report has revealed that a pair of Southern California school leaders separately stole nearly $20 million from their schools in order to fund lavish personal lifestyles. According to The New York Post, the report was co-authored by the State Financial Officers Foundation, a watchdog made up of state treasurers and auditors, and OpenTheBooks, a nonprofit focused on ...
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19
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New Atlas Aircraft Targets Long-Range Strikes Without Runways Or Large Flight Decks
New Atlas Aircraft Targets Long-Range Strikes Without Runways Or Large Flight Decks Authored by Neetika Walter via Interesting Engineering, Mach Industries has won a Defense Innovation Unit (DIU) contract to develop a long-range unmanned aircraft designed to launch from austere locations and ships without large flight decks. Atlas drone Mach Industries The aircraft, called Atlas, is being developed for the DIU's Runway Independent Maritime Expeditionary Strike (RIMES) program. Mac...
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20
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Strongest El Nino In 75 Years Sets Off Food Supply-Chain Alarm Bells
Strongest El Nino In 75 Years Sets Off Food Supply-Chain Alarm Bells The US Climate Prediction Center has warned that the weather phenomenon El Niño, which only recently emerged across the Pacific, could become the most powerful in more than 75 years. This raises the risk of adverse weather conditions across the US, Asia, Australia, and South America. The stronger the weather event becomes, the greater the threat to critical food supply chains, which are already vulnerable to droug...
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20
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Kentucky Governor Beshear Presses Senator Mitch McConnell To Release Health Update
Kentucky Governor Beshear Presses Senator Mitch McConnell To Release Health Update Via American Greatness, Kentucky Governor Andy Beshear is calling on Senator Mitch McConnell to publicly disclose more about his health after the longtime Republican lawmaker remained out of public view for nearly three weeks following his hospitalization in Washington. In a letter released Wednesday, Beshear said Kentuckians deserve more information about McConnell’s condition and his ability to ...
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21
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This State Is Ground Zero For The "Explosive" Diarrhea Parasite As Cases Explode 400%
This State Is Ground Zero For The "Explosive" Diarrhea Parasite As Cases Explode 400% Michigan is getting hit hardest in a fast-spreading nationwide outbreak of a stomach parasite, with cases exploding more than fourfold in a matter of days. The state saw infections skyrocket from 170 to 681 by Monday, the biggest single jump reported anywhere in the country, according to health officials. New York has logged 120 cases since May 1, a state official told The Post, while Texas has...
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21
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Feared Free-Market Activist Warns Texas Stock Exchange Against Going Woke
Feared Free-Market Activist Warns Texas Stock Exchange Against Going Woke Authored by Will Hild via The Center Square, As the Texas Stock Exchange begins its launch, Texans have every reason to celebrate. Soon, the TXSE will join Nasdaq Texas as a fully functioning venue, and the NYSE has signaled a strong commitment to Texas as well. It is clear that Texas is emerging as a serious challenger to New York as the nation's financial capital. Texas Gov. Greg Abbott rings the Closing Be...
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21
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Trans-Ex Lover Says Robinson Confessed To Charlie Kirk Shooting; Widow Presses Court To Release Evidence
Trans-Ex Lover Says Robinson Confessed To Charlie Kirk Shooting; Widow Presses Court To Release Evidence Erika Kirk, the widow of conservative activist Charlie Kirk, asked a Utah judge Thursday to make all evidence in the preliminary hearing for her husband's accused killer available to the public - the same day prosecutors played a recorded statement in which the suspect's former roommate said he confessed to the shooting. Tyler Robinson speaks with his attorney Kathryn Nester duri...
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22
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Trump Admin Targets Medicare Fraud After 7,100% Surge In Transplant Claims
Trump Admin Targets Medicare Fraud After 7,100% Surge In Transplant Claims Via American Greatness, The Trump administration says it has uncovered a dramatic increase in Medicare claims for tissue and organ transplants, resulting in a broad crackdown on suspected fraud that officials say has already blocked hundreds of millions of dollars in questionable payments. Administration officials said Medicare claims for tissue and organ transplants, known as allografts, climbed from $20...
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22
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US, Japan, And South Korea Push SMR Exports For "Energy Security Needs"
US, Japan, And South Korea Push SMR Exports For "Energy Security Needs" The American nuclear buildout is not just about the climate or powering data centers. It's a geopolitical war against the export of nuclear technology from Russia and China, mixed with a new demand for national energy security. On the sidelines of the NATO Summit in Ankara, the United States, Japan, and South Korea signed a trilateral Memorandum of Cooperation aimed at accelerating small modular reactor (SMR) d...
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22
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Why Have Central Bankers Gone Radio Silent On The Digital Currency Agenda?
Why Have Central Bankers Gone Radio Silent On The Digital Currency Agenda? Authored by Brandon Smith via Alt-Market.us During the 2020 pandemic hysteria there was a mad rush by globalist institutions like the WEF, IMF, BIS and numerous national central banks to speed-run the concept of “CBDCs” (Central Bank Digital Currencies) into the mainstream consciousness. The idea of digital currencies rooted to a blockchain ledger was presented as a solution to the pandemic. A number of glob...
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23
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Jack Smith's Team Exposed Classified Materials, Senator Finds
Jack Smith's Team Exposed Classified Materials, Senator Finds Authored by Zachary Stieber via The Epoch Times, Prosecutors with the office of former special counsel Jack Smith left classified materials unsecured and provided materials to at least one person without confirming that person needed to see them, a senator said on July 8. A set of messages from Smith’s team showed that in 2024, the team left a facility designated for the review of sensitive information open overnight,...
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23
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Starbucks Using AI To Build Software Replacing Applications It Buys From Microsoft, IBM
Starbucks Using AI To Build Software Replacing Applications It Buys From Microsoft, IBM Corporate America has been desperate to see a burst of productivity (i.e., cost cutting) emerging from the latest flood of agentic AI euphoria, and it is slowly starting to get it. Not everyone will be pleased. Starbucks is developing in-house tools with the help of artificial intelligence that could replace some software applications it now buys from companies such as Microsoft and IBM. Accor...
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1
day ago
Judge Hannah Dugan Gets The 'Good Person' Discount In Federal Court
Judge Hannah Dugan Gets The 'Good Person' Discount In Federal Court Authored by David Manney via PJMedia.com, Former Milwaukee County Circuit Court Judge Hannah Dugan just discovered a remarkable sentencing principle: Commit a felony, lose at trial, watch the conviction survive post-trial motions, face a guideline range of 15 to 21 months, and still walk out without prison, probation, and a $5,000 fine. Regular defendants may want to write down the magic words before the courts ...
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1
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French Security Services On High Alert For Morocco-France World Cup Semi-Final: 'Get Ready For Riots and Violence'
French Security Services On High Alert For Morocco-France World Cup Semi-Final: 'Get Ready For Riots and Violence' France is warning football fans to behave and conduct themselves responsibly ahead of a major Thursday World Cup quarter-final match which pits France against African champions Morocco. Security services are on high alert, the government has said. The match kicks off at 4:00 PM ET. "I appeal to everyone’s sense of responsibility. It has to remain a celebration," Sports...
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1
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"Results Were Tempered": Pepsi Blames US Snack Slump On Cash-Strapped Consumers
"Results Were Tempered": Pepsi Blames US Snack Slump On Cash-Strapped Consumers PepsiCo blamed the second-quarter slowdown in its North American food unit on consumers tightening their belts. The period was marked by elevated pump prices tied to the US-Iran war, a squeeze that hit lower-income households the hardest and weighed on discretionary snack and beverage purchases. Revenue in the company's North American food unit fell 2%, while volumes remained flat, even as the junk food...
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1
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Strong 30Y Bond Auction Stops Through For First Time Since March
Strong 30Y Bond Auction Stops Through For First Time Since March On the heels of yesterday's stellar 10Y auction, this afternoon saw an even more stellar-er 30Y auction with the US government selling $22 billion bonds at 5.058%, the highest result since 2007, vs a 5.061% when-issued yield at the 1 p.m. New York time bidding deadline. That is the first stop-through (0.3bps) since March (after three ugly tails - June's reopen was the weakest since July 2024)... The 2.44 bid-to-cov...
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Gold Selloff Seen As "Stop-Loss Liquidation Positioning Reset", Not Fundamentally Driven
Gold Selloff Seen As "Stop-Loss Liquidation Positioning Reset", Not Fundamentally Driven Gold’s break below key technical support of 4050 to the 4023 low in New York trading on Wednesday appears driven primarily by stop-loss liquidation and positioning rather than a material deterioration in macro fundamentals, according to UBS. As the bank's trader Marcus Millis writes, "the move flushed out long exposure and left positioning looking more balanced, reducing the immediate risk o...
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"Deepening Dark Trend" Emerges On Hormuz As Ship Traffic Slows
"Deepening Dark Trend" Emerges On Hormuz As Ship Traffic Slows The US military has struck Iranian targets for a second straight day, while Tehran has responded with ballistic missile and drone attacks targeting Kuwait, Qatar, Bahrain and even faraway Jordan. While our overnight wrap focused on the latest war developments, the focus here is what energy traders are watching most closely: vessel traffic through the Strait of Hormuz. Bloomberg cites new shipping data showing that the...
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The Low VIX Hides Fierce Undercurrents
The Low VIX Hides Fierce Undercurrents Via RealInvestmentAdvice.com, Goldman Sachs’ volatility desk made the following comment: “With the VIX back to its lowest levels in more than a month, our Vol desk is focused on hedging opportunities as 1-month SandP implied correlation is near its lowest level in 20 years.” Simply, a low VIX can convey a sense of market calm on the surface, yet implied correlation tells a different story. The VIX, based on option trading data, measures ...
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NYC Tower Owner Prepares To Rebuild 15 Floors After I-Beam Failure
NYC Tower Owner Prepares To Rebuild 15 Floors After I-Beam Failure Fears of a possible collapse at a condo tower under construction near Grand Central Terminal had abated by the end of the week, but the incident only signals the massive engineering challenges tied to Manhattan's office-to-apartment conversion boom. The former Pfizer headquarters at 235 East 42nd Street, being converted by David Werner and Nathan Berman's Metro Loft Management into more than 1,600 residential units...
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Tennessee Congressman Demands FBI Unseal Everything On Seth Rich
Tennessee Congressman Demands FBI Unseal Everything On Seth Rich Authored by José Niño via Headline USA, Rep. Tim Burchett, R-Tenn, has thrown a fresh spotlight on one of Washington’s most stubborn cold cases. On July 7, 2026, the Tennessee Republican posted on X that he had formally pressed FBI Director Kash Patel to surrender every document the bureau holds on the 2016 killing of DNC staffer Seth Rich. “I have called for @FBIDirectorKash to release all records related to the...
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AI Price War Breaks Out: Meta Unveils Paid AI Model For First Time, Will Be "Among Most Affordable Options"
AI Price War Breaks Out: Meta Unveils Paid AI Model For First Time, Will Be "Among Most Affordable Options" Shortly after a leaked Meta memo revealed the company was planning on putting an AI chip into production in September as it looks to double computing capacity to 14Gigawatts, the company also unveiled a version of its most advanced artificial intelligence model, Muse Spark 1.1, that includes a new paid tier for developers, marking the first time Meta has charged businesses for...
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Qatar Halts Push To Ramp Up LNG Production After Hormuz Tanker Strikes
Qatar Halts Push To Ramp Up LNG Production After Hormuz Tanker Strikes Less than a month after Reuters reported that QatarEnergy was ready to resume LNG production at its Ras Laffan LNG plant "very quickly" and expected to reach within a month full output of facilities unaffected by Iranian strikes, this morning Bloomberg reports that Qatar is pausing efforts to rapidly revive production at the world’s largest LNG facility, after an attack on one of its tankers in the Strait of H...
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Leaked Meta Memo Shows AI Capacity Doubling To 14 Gigawatts
Leaked Meta Memo Shows AI Capacity Doubling To 14 Gigawatts Meta shares fell 4.3% at Thursday's open after Reuters reported the contents of an internal memo laying out the next phase of the company's AI infrastructure program. The stock has clawed back part of the loss through the morning but stayed solidly red while the tape digested the same question it has been chewing on for nine days: is Meta the hyperscaler that just started exercising capex discipline, or the one that just...
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US Existing Home Sales Unexpectedly Dropped In June, Just Off Record Lows
US Existing Home Sales Unexpectedly Dropped In June, Just Off Record Lows After an ugly Spring selling season, existing home sales have rebounded in Q2 (so far) with expectations for another 1.0% MoM increase in June. However, that was not to be with US existing home sales tumbling 2.4% MoM in June (although May was revised up to a +3.7% MoM gain from +3.2%). That slowed the annual improvement in sales to +2.75% YoY... Overall, existing home sales SAAR remains just off record lo...
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Bloom Energy Defends Supply Chain, Calls Hunterbrook Report "False And Misleading"
Bloom Energy Defends Supply Chain, Calls Hunterbrook Report "False And Misleading" Bloom Energy is responding forcefully against allegations made by short seller Hunterbrook Capital, rejecting the firm's claims about its accounting, supply chain and growth prospects a day after a report sent shares sharply lower. The clean energy company said Thursday that Hunterbrook's assertions regarding its financial reporting and access to critical raw materials are "false and misleading," acc...
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Porsche Sales Tumble To Weakest In Six Years As Chinese Demand Plummets
Porsche Sales Tumble To Weakest In Six Years As Chinese Demand Plummets Days after Germany's top financial newspaper, Handelsblatt, reported that Porsche AG is planning more than 4,000 job cuts, the sports-car maker on Thursday revealed first-half sales figures that were the weakest in six years, with its China business falling off a cliff. For the January to June period, Porsche reported 122,306 vehicle deliveries across global markets, a 16% decline from the same period a year ea...
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Return To War: Iran Fires Ballistic Missiles At Kuwait, Bahrain, Qatar, Jordan, After US Struck 170 Iranian Targets
Return To War: Iran Fires Ballistic Missiles At Kuwait, Bahrain, Qatar, Jordan, After US Struck 170 Iranian Targets Just as the US nighttime strikes were significantly bigger than prior rounds in June, so has Iran's 'retaliation' been bigger - chiefly on Gulf states and American bases there. In the overnight and Thursday daytime hours, Iranian ballistic missiles and drones have targeted Kuwait, Qatar, Bahrain, and even faraway Jordan. The country is reporting that it has intercepte...
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'Slow Hire, No Fire' Economy Continues As Jobless Claims Remain Near Record Lows
'Slow Hire, No Fire' Economy Continues As Jobless Claims Remain Near Record Lows The number of Americans filing for unemployment benefits for the first time fell to to 215k last week (versus 217k exp), remaining near multi-decade lows... California and Missouri saw the biggest increase in initial claims while New Jersey and Connecticut saw the largest decline... Continuing jobless claims ticked higher (highest since March) but remains well off cycle highs from Q4... Despite...
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SK Hynix's US Offering Reportedly Seven Times Oversubscribed
SK Hynix's US Offering Reportedly Seven Times Oversubscribed The KOSPI struggled for direction overnight, erasing most of an opening rally that briefly pushed the South Korean main equity index up as much as 4.1%. The real strength was in memory stocks, with SK Hynix surging as much as 10% as investors piled back in. This move comes as Bloomberg reports the company's US ADR listing is more than seven times oversubscribed, underscoring strong institutional demand. The report said S...
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Biden Defender JB Pritzker Now Claims Trump Has 'Dementia'
Biden Defender JB Pritzker Now Claims Trump Has 'Dementia' Authored by Luis Cornelio via Headline USA, Illinois Gov. JB Pritzker, one of President Joe Biden’s most vocal defenders when the former president faced questions about his mental acuity, is now claiming President Donald Trump has dementia. Pritzker made the remarks during a June 29 interview with CNN host Caitlin Collins while discussing Trump’s criticism of democratic socialism. Trump had argued that socialism represe...
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Canada Just Unleashed Its Fastest-Growing Oil Boom In A Decade
Canada Just Unleashed Its Fastest-Growing Oil Boom In A Decade Who says price isn't a rationing mechanism? Rather than sink billions into long-term oil sands projects, Alberta energy companies are increasingly chasing the Clearwater formation, a conventional heavy oil field that allows producers to capitalize on rising crude prices far more quickly, according to Bloomberg. The surge in activity has been significant. Alberta approved 1,764 drilling licenses between Jan. 1 and June ...
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Cocoa Prices Rally As Jefferies Warns Of "Perfect Storm" In West Africa
Cocoa Prices Rally As Jefferies Warns Of "Perfect Storm" In West Africa Cocoa futures in New York have doubled since the start of March and have now climbed back toward levels not seen since late 2025, around $6,000 a ton, as Jefferies analysts warn that a "perfect storm's a-brewing" across West Africa, the world's top cocoa-farming region. Jefferies analyst Scott Marks wrote in a note on Tuesday that new weather concerns center on Ivory Coast and Ghana, the world's top cocoa-gro...
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Europe's Utility Sector Is 'On The Brink Of A New Regime'
Europe's Utility Sector Is 'On The Brink Of A New Regime' Authored by Gregor Morris via BondVigilantes.com, Europe’s utilities sector is on the brink of a generational shift. After more than a decade of subdued demand, the system is being forced to modernize, rebuild and expand. Electrification, datacentres, renewable integration and ageing infrastructure are converging into what can only be described as unprecedented capital expenditure programmes across the sector. Simplistical...
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Study Finds Self-Driving Cars Crash More Often, But Cause Far Fewer Injuries
Study Finds Self-Driving Cars Crash More Often, But Cause Far Fewer Injuries Self-driving cars may be involved in more crashes than human drivers on a per-mile basis, but the evidence suggests those accidents are generally far less likely to result in serious injuries or fatalities, according to Aulsbrook Car and Truck Lawyers. A review of autonomous vehicle safety data found self-driving vehicles are involved in about 9.1 crashes per million miles traveled, compared with roughly 4...
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Trump To Delist Syria From Terror Designation, Boasts Of Putting 'Fantastic' Sharaa In Power
Trump To Delist Syria From Terror Designation, Boasts Of Putting 'Fantastic' Sharaa In Power Via Middle East Eye US President Donald Trump lavished rare praise on Syrian President Ahmed al-Sharaa on Wednesday, calling him "fantastic" and "highly respected", as the two leaders met on the sidelines of the NATO summit in Ankara, Turkey. The meeting itself is a win for Sharaa, who was first introduced to Trump a little over a year ago in Riyadh, Saudi Arabia, before finding himself i...
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Tourist Nightmare: Toxic "Bone-Cutting" Fish Invades Mediterranean Beaches
Tourist Nightmare: Toxic "Bone-Cutting" Fish Invades Mediterranean Beaches Tourists heading to the Mediterranean are being urged to watch out for an invasive species of toxic pufferfish that has spread across popular beach destinations in Greece and other coastal countries, according to the Daily Mail. The silver-cheeked toadfish, originally native to the Indian Ocean, is believed to have entered the Mediterranean through the Suez Canal as rising sea temperatures expanded its range...
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EU Mandates Dystopian In-Car Cameras To Monitor Every Driver's Face
EU Mandates Dystopian In-Car Cameras To Monitor Every Driver's Face Authored by Steve Watson via Modernity News, The European Union has made it official. Every brand-new passenger car, van, truck, and bus sold or first registered across the bloc must now carry interior-facing cameras that track the driver's gaze, head movements, and attention levels. The system, called Advanced Driver Distraction Warning or ADDW, forms part of the final phase of the updated 'General Safety Regul...
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1
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How The Global Economy Became The World's Most Dangerous Battlefield
How The Global Economy Became The World's Most Dangerous Battlefield Authored by Madge Waggy, The twenty-first century has introduced a form of confrontation that rarely appears on television screens, is seldom announced through diplomatic declarations, and almost never begins with the spectacle traditionally associated with war. Its progression is quieter, considerably more sophisticated, and arguably more consequential than many conventional conflicts because its primary objectiv...
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US Military Races To Harden Strategic Nuclear Bases With Counter-Drone AI Shield
US Military Races To Harden Strategic Nuclear Bases With Counter-Drone AI Shield Defense company AeroVironment has won an $80.5 million order from the Joint Interagency Task Force 401 for its Titan MS counter-drone system, expanding the Department of War's efforts to secure critical defense infrastructure and other homeland sites from AI drone swarm attacks. The award falls under a previously announced $500 million sole-source IDIQ contract and will support the Air Force Global St...
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US Navy Backs 3,800 MPH-Speeding Blackbeard Hypersonic Missile With First Contract
US Navy Backs 3,800 MPH-Speeding Blackbeard Hypersonic Missile With First Contract Authored by Sujita Sinha via Interesting Engineering, The U.S. Navy has awarded defense technology startup Castelion its first production contract for the Blackbeard hypersonic missile. This $23.4 million deal includes 50 pre-production missiles and shows the Navy is ready to move the program past development and testing. The U.S. Navy awarded Castellion a contract to deliver Blackbeard hypersonic mi...
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Leaked Memo Shows 'Pro-Cuba' NGO Network Preparing To Target ICE, US Bases, Federal Buildings
Leaked Memo Shows 'Pro-Cuba' NGO Network Preparing To Target ICE, US Bases, Federal Buildings Independent Cuban news outlet ADN Cuba has revealed that a US-based Cuba solidarity coalition circulated a memo instructing far-left activists to prepare rapid-response protests at US federal buildings, military bases, recruitment centers, and ICE facilities in the event of a military confrontation between the US military and the communist regime in Havana. 🚨 PRIMERO EN ADN | Documentos...
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James Talarico Says He Supports The Second Amendment - His Record Says Otherwise
James Talarico Says He Supports The Second Amendment - His Record Says Otherwise Authored by Leigh Gibson, Texas State Director - Gun Owners of America, The Second Amendment protects more than the right to own a firearm. It protects the natural right of every law-abiding American to defend themselves and their family. But it also serves a broader purpose: preserving the liberty of a free people by ensuring that ultimate power remains with the citizens rather than the government. ...
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Current State Of Physical AI: Everything You Need To Know
Current State Of Physical AI: Everything You Need To Know Citi's Robotics and Physical AI Leadership Conference wrapped up on Tuesday. The annual Citi Research event brings together robotics founders, investors, operators, and industry executives to assess the state of "physical AI." Analyst Heath Terry summarized the key takeaways Wednesday morning, painting a picture of the robotics industry moving from proof of concept to commercial deployment, while warning that scaling robots ...
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"We're Gonna Win Someday": Graham Platner Suspends His Senate Campaign
"We're Gonna Win Someday": Graham Platner Suspends His Senate Campaign Update: Graham Platner, the Democratic Party nominee for U.S. Senate in Maine, announced Wednesday that he's suspending his campaign. The move comes two days after Politico reported allegations of rape against him by a former girlfriend. He posted an emotional video explaining his decision. "And I just want to make it clear this is all false," Platner said. "The things that have been claimed did not happen; i...
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Canada Considered Suing Citizens Over "False And Misleading" Social Media Posts
Canada Considered Suing Citizens Over "False And Misleading" Social Media Posts Authored by Cindy Harper via ReclaimTheNet.org, The Canadian government drew up a plan to take individual citizens to court over what they post online. That plan sat inside a 35-page internal memo from the Department of Industry, most of it blacked out before the public could see it. Blacklock's Reporter pried the document loose through an Access to Information request. Dated March 31 and titled "Mis...
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Nuclear Power Capacity To Jump 44% By 2036 As China Surpasses US
Nuclear Power Capacity To Jump 44% By 2036 As China Surpasses US Global nuclear capacity is set to surge by 44% over the next decade as China topples the United States as the biggest nuclear power capacity holder and India will hike its capacity to boost energy security. These are the estimates in a new report by BloombergNEF, which sees total global nuclear capacity at 535 gigawatts (GW) by 2036, up from the 372 GW of installed capacity as of the end of 2025. The world is projecte...
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DOJ Warns State Election Officials Can Be Charged Over Noncitizen Voting
DOJ Warns State Election Officials Can Be Charged Over Noncitizen Voting Authored by Zachary Stieber via The Epoch Times, The Department of Justice (DOJ) has sent letters to election officials across the country, warning them that they could be charged if they let noncitizens receive ballots or vote in elections. Assistant Attorney General for Civil Rights Harmeet Dhillon speaks during a news conference at the Justice Department in Washington on Sept. 29, 2025. Andrew Harnik/Getty ...
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Watch: Fireworks At UN As Cuba Disrupts US Ambassador's Speech: "You're A Liar, Mr Waltz!"
Watch: Fireworks At UN As Cuba Disrupts US Ambassador's Speech: "You're A Liar, Mr Waltz!" A UN General Assembly this week devolved into a high-charged shouting match amid procedural disruptions and chaos, after US Ambassador to the UN Mike Waltz told the global forum on Tuesday that there is no American blockade on Cuba. Havana didn't take the bait quietly, given Cuba's Foreign Minister Bruno Rodríguez immediately shot back at Waltz - who is a former Army Green Beret: "This is the...
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"It's Some Bullsh*t": Green River, Wyoming Considered License Plate Readers To "Protect Against Terrorist Attacks"
"It's Some Bullsh*t": Green River, Wyoming Considered License Plate Readers To "Protect Against Terrorist Attacks" Green River officials are weighing whether to accept a $111,956 federal grant to install automatic license plate readers at key entrances to the city, a proposal that has sparked backlash from some residents over privacy and government surveillance, according to Cowboy State Daily. The grant, funded through the United States Department of Homeland Security, is intended...
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Berkeley Gives Back Corn, Peas, and Seeds To Tribes As Protected Items Of "Cultural Patronage"
Berkeley Gives Back Corn, Peas, and Seeds To Tribes As Protected Items Of "Cultural Patronage" Authored by Jonathan Turley, The University of California (Berkeley) has ordered the return of new displays to native American tribes under the Native American Graves Protection and Repatriation Act (NAGPRA). That is hardly news except that the items were not human remains or relics, but corn, corn cobs, peas, beans, and other seeds. The university has decided that even such scientific s...
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Modular Reactors To Solve Data Center Hysteria?
Modular Reactors To Solve Data Center Hysteria? For the nuclear energy nerds, last night Erik Townsend joined ZH to host a panel with the founders of modular nuclear reactor startup Aalo Atomics, Matt Loszak and Yasir Arafat. Townsend is a committed nuclear energy bull and has invested in many nuclear energy startups, his largest allocation being Aalo, a company that hopes to pump out small modular reactors on a mass scale to solve the rising energy costs that AI is rapidly usheri...
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Dear Trump: Time To Flood America's Weigh Stations With ICE And CBP Agents
Dear Trump: Time To Flood America's Weigh Stations With ICE And CBP Agents Submitted by American Truckers United, We, the truckers who keep America moving, have had enough. An analysis of crash data and English proficiency violations reveals that drivers from just a handful of states are largely responsible for the epidemic of illegal alien truck and bus drivers terrorizing our highways. These preventable tragedies must end now. We are formally calling on President Donald J. Tru...
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Waymo Robotaxi "Snitches" On Two 15-Year-Olds Drinking and Shooting Orbeez Guns In Bay Area
Waymo Robotaxi "Snitches" On Two 15-Year-Olds Drinking and Shooting Orbeez Guns In Bay Area Two 15-year-old boys were detained in San Mateo Monday afternoon after the Waymo robotaxi they were riding in reported them to police - for drinking alcohol and firing a gel-bead blaster out of the moving car - then pulled itself over so officers could collect them. Waymo's remote monitors spotted the behavior on the vehicle's interior cameras and called the San Mateo Police Department aro...
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Some College Students Are Testing At The Level Of 10-Year-Olds
Some College Students Are Testing At The Level Of 10-Year-Olds Via Futurism, Are you smarter than a 4th grader? Gone are the days of university freshmen reading classical philosophers like Plato or contemporary pedagogues like Ta-Nehisi Coates. These days, incoming college students are lucky if they can get through Judy Blume’s “Tales of a Fourth Grade Nothing.” According to a new “Survey of Adult Skills” conducted by the Organization for Economic Co-operation and Development - a...
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1
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Contrary To Popular Belief, Platner Has All The Leverage
Contrary To Popular Belief, Platner Has All The Leverage Graham Platner is supposed to be finished. The Democratic nominee for Senate in Maine faces a rape allegation, Bernie Sanders and Elizabeth Warren have pulled their endorsements, and the Democratic Senatorial Campaign Committee has told him they won't spend any money on his campaign if he stays on the ballot. He has until Monday to withdraw before Maine law locks Democrats into running him in November, whether they like it or ...
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Socialism Is Targeting The Foundations That Made America Great
Socialism Is Targeting The Foundations That Made America Great Authored by Victor Davis Hanson via The Epoch Times, This is a lightly edited transcript of a July 6 segment of the Victor Davis Hanson: In His Own Words podcast. One question that came up constantly during this 250th anniversary Fourth of July celebration was whether we were gonna make it another 250 years, 500 years. We could be longer than the Roman Republic. Longer than the Roman Empire. Democratic Socialists of Am...
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Consumer Credit Unexpectedly Shrinks For The First Time Since 2024 As Credit Card Rates Jump
Consumer Credit Unexpectedly Shrinks For The First Time Since 2024 As Credit Card Rates Jump After two consecutive outsized jumps in consumer credit in the months of March and April, when gas prices surged and inflation resumed its track higher, lifting most prices as a result of the war in Iran, moments ago the Fed published its latest consumer credit (G.19) report for the month of May and it was a doozy: instead of the expected $17.5BN increase, in May total consumer credit unexpe...
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Brown University Prof Bans Take-Home Exams After Mass-Cheating
Brown University Prof Bans Take-Home Exams After Mass-Cheating Authored by Jennifer Kabbany via The College Fix, A Brown University professor says he will no longer allow students to take exams at home after he caught a large chunk of his class cheating on a test. Economics Professor Roberto Serrano said he allowed students to take a midterm at home, and 40 students, nearly half the class, earned a perfect 100; among the 86 students in the class, the average overall class score ...
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2
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Coffee Lovers, Take Note: Lavazza Sounds Alarm, Suggest It May Be Time To Stock Up
Coffee Lovers, Take Note: Lavazza Sounds Alarm, Suggest It May Be Time To Stock Up Following the largest daily surge in Arabica coffee futures since the Dot-Com bubble, the head of Italian coffee giant Lavazza Group warned that prices are unlikely to fall over the next two years. Giuseppe Lavazza, chairman of the Italian roaster, was quoted by Bloomberg as saying, "The market needs to have stability before it's time to think about a reduction of prices." Lavazza explained that i...
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Are Flattening Curves And Style Rotations Deceptive Omens?
Are Flattening Curves And Style Rotations Deceptive Omens? Authored by Michael Lebowitz via RealInvestmentAdvice.com, Bond market pundits often warn that bear yield curve flatteners or inverted yield curves ultimately lead to recessions. Similarly, some equity experts caution that periods of violent back-and-forth rotations among stock sectors and/or style factors are precursors to a market top. Additionally, the combination of a bearish flattening trend and volatile equity rotati...
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FOMC Minutes Show 'A Few' Fed Members Wanted To Hike In June, 'Majority' Fear Higher Inflation
FOMC Minutes Show 'A Few' Fed Members Wanted To Hike In June, 'Majority' Fear Higher Inflation Tl;dr: The minutes underscored a more hawkish tone on inflation. UBS traders noted that most participants cited scenarios in which price pressures could remain elevated, including stronger AI-related demand, the ongoing Middle East conflict and tariffs. In those cases, nearly all of those officials said some additional policy tightening would likely be warranted. Fed staff raised their inf...
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Bezos' Blue Origin Seeks $10 Billion In First-Ever Outside Funding Round
Bezos' Blue Origin Seeks $10 Billion In First-Ever Outside Funding Round Fresh off Elon Musk's SpaceX IPO, it appears that, for the first time, Blue Origin is preparing to raise outside capital in a deal that would value Jeff Bezos' rocket company at about $130 billion. Andrew Ross Sorkin, financial columnist for The New York Times and a co-anchor of CNBC's Squawk Box, wrote in a DealBook report, "I've got a scoop on Blue Origin closing in on a big fund-raising round, which is exp...
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The Great Migration: What The Dow-To-Gold Ratio Is Telling Us
The Great Migration: What The Dow-To-Gold Ratio Is Telling Us Authored by Bryan Lutz, Editor at Dollarcollapse.com, It takes about 13 ounces of gold to buy the Dow Jones Industrial Average. The Dow-to-gold ratio prices the entire American stock market. And it does it in the one currency no central bank can print. Over the past century, it tells the same story. It measures when the US stock market is overvalued… when it’s promising too much. And there are a lot of promises that do...
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Stellar 10Y Auction Stops Through, With 3rd Highest Foreign Demand On Record
Stellar 10Y Auction Stops Through, With 3rd Highest Foreign Demand On Record Following yesterday's stellar 3Y auction, moments ago - with yields surging to the highest level since mid-May - the Treasury completed the sale of $39BN in a 9 Year 10 Month reopening of 10Y cusip QQ7, in what was another spectacular auction. The note sale, which priced just after 1pm ET, stopped at a high yield of 4.580%, up from last month's 4.538%, and stopped through the When Issued 4.586% by 0.6bps, ...