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Alt - Zero Hedge - 2 hours ago

UAE State Oil Company Head Says Hormuz Bypass Pipeline Nearly 50 Percent Complete

UAE State Oil Company Head Says Hormuz Bypass Pipeline Nearly 50 Percent Complete Authored by Evgenia Filimianova via The Epoch Times (emphasis ours), The head of the UAE's state oil company said on May 20 that a major new oil pipeline designed to bypass the Strait of Hormuz is nearly 50 percent complete, as regional tensions and competing maritime controls reshape global energy routes. UAE Minister of Industry and Advanced Technology Sultan Ahmed Al Jaber, who's also the managing ...

Alt - Zero Hedge - 3 hours ago

Zombie Home Foreclosure Numbers Increase In 38 US States

Zombie Home Foreclosure Numbers Increase In 38 US States Authored by Naveen Athrappully via The Epoch Times (emphasis ours), The number of residential zombie foreclosures in the second quarter of 2026 marginally increased from the previous quarter, with such foreclosures rising in the District of Columbia and 38 out of the 50 U.S. states, real estate analytics company ATTOM said in a May 21 statement. Homes in Huntington Beach, Calif., on July 12, 2024. John Fredricks/The Epoch Tim...

Alt - Zero Hedge - 4 hours ago

The Replacements: How US Helps Foreign Workers Take American Jobs

The Replacements: How US Helps Foreign Workers Take American Jobs Authored by Steven Edginton via RealClearInvestigations, Mary, a veteran Silicon Valley marketer who can't find a job, considers herself a victim of an H-1B visa program run amok. Her story, a U.S. native replaced by a foreign-born employee who is willing to work at a significantly lower wage, has become commonplace, particularly in the tech industry. Adding insult to injury, she says, her CEO, who hails from India,...

Alt - Zero Hedge - 5 hours ago

Rubio Hints At US-Iran News "Later Today" As Talks To Reopen Hormuz Gain Steam

Rubio Hints At US-Iran News "Later Today" As Talks To Reopen Hormuz Gain Steam Top U.S. and Iranian officials signaled they are inching closer to an initial peace deal to wind down the U.S.-Iran conflict and reopen the Strait of Hormuz, though major details remain murky, especially around the future of Iran's nuclear program. President Trump said the peace deal has been "largely negotiated" and will be announced "shortly," with the reopening of the Hormuz chokepoint among its key c...

Alt - Zero Hedge - 6 hours ago

With Commercial Real Estate Still Challenging, Lenders Offload Troubled Loans At A Loss

With Commercial Real Estate Still Challenging, Lenders Offload Troubled Loans At A Loss Authored by Mary Prenon via The Epoch Times (emphasis ours), While leasing activity and vacancy trends suggest the U.S. commercial real estate market is stabilizing, office values are still well below post-pandemic peaks, recent reports show. The San Francisco skyline on Jan. 20, 2023. Patrick T. Fallon/AFP via Getty Images As owners scramble to make payments on under-occupied office buildings,...

Alt - Zero Hedge - 6 hours ago

1 In 4 Cars Sold Globally Is An Electric Vehicle

1 In 4 Cars Sold Globally Is An Electric Vehicle Electric vehicle adoption continues to accelerate worldwide, reaching new milestones in 2025. As Statista's Tristan Gaudiaut details below, according to the IEA Global EV Outlook 2026, published on May 20, global sales of electric cars, including plug-in hybrids, surpassed 21 million units last year, more than doubling since 2022, when annual sales first exceeded 10 million. As the chart shows, EVs now account for roughly one in fou...

Alt - Zero Hedge - 7 hours ago

German Taxpayers Bled Dry: Mass Migration Cost €40 Billion In 2025

German Taxpayers Bled Dry: Mass Migration Cost €40 Billion In 2025 Via Remix News, Migrants cost German taxpayers just at the federal level €24.8 billion in 2025, according to new data in the “refugee costs report” from the German Federal Ministry of Finance. However, the true sum is much higher. The €24.8 billion is strictly the federal bill. The actual, combined national cost of migration for Germany is that €24.8 billion plus the massive, separate billions that the individual...

Alt - Zero Hedge - 8 hours ago

UK Net Migration Decline Masks True Demographic Replacement As British Exodus Accelerates

UK Net Migration Decline Masks True Demographic Replacement As British Exodus Accelerates Via Remix News, The left-wing U.K. government has claimed it is making real progress in tackling the ongoing migration crisis enveloping Britain after official statistics published on Thursday showed that net migration had decreased to 171,000 last year. However, that figure alone doesn’t tell the whole story. “I promised to restore control to our borders. My government is delivering,” unde...

Alt - Zero Hedge - 16 hours ago

Free Speech Shouldn't Be Just For The Party In The White House

Free Speech Shouldn't Be Just For The Party In The White House Authored by Charles Sauer via RealClearMarkets, One of the most important Executive Orders signed by President Trump on his first day in office was Restoring Freedom of Speech and Ending Federal Censorship. As the title suggests, the order forbids any U.S. Government employee from taking any actions that violate the First Amendment rights of any American citizen. The Executive Order is intended to protect against future...

Alt - Zero Hedge - 16 hours ago

Wyoming Is America's Deadliest State For Workers

Wyoming Is America's Deadliest State For Workers Using data from the U.S. Bureau of Labor Statistics (BLS), Visual Capitalist's Dorothy Neufeld created the following map to show workplace fatality rates across all 50 states in 2024. Wyoming recorded the nation’s highest workplace fatality rate at 13.9 deaths per 100,000 workers, compared with just 1.1 in Rhode Island. Several Southern and Mountain West states also reported rates well above the national average of 3.3. The state...

Alt - Zero Hedge - 17 hours ago

Israel Unleashes New Gaza Strikes Soon After Trump Says Iran Peace Deal 'Largely Negotiated,' Hormuz To Reopen As Final Terms Discussed

Israel Unleashes New Gaza Strikes Soon After Trump Says Iran Peace Deal 'Largely Negotiated,' Hormuz To Reopen As Final Terms Discussed Summary Israel launches significant new attacks on the Gaza Strip just as word of a tentative US-Iran peace deal is driving international headlines. Trump says an Iran peace agreement has been “largely negotiated” and will be announced “shortly,” with the reopening of the Strait of Hormuz included among the deal’s key elements. Mediator...

Alt - Zero Hedge - 17 hours ago

Gunman Dead, Bystander Wounded After Large Shootout With Secret Service Near White House, Trump Safe

Gunman Dead, Bystander Wounded After Large Shootout With Secret Service Near White House, Trump Safe After a very busy day in Washington and at the White House, given the Saturday flurry of diplomatic activity over the announcement of a tentative Iran peace deal, but which is still awaiting word and some details from Tehran, a deadly shooting erupted just outside the White House, resulting in a massive security and response and presence. President Trump was at the White House when ...

Alt - Zero Hedge - 17 hours ago

Dozens Of Nations Scramble For World Bank Financing Amid Iran War Global Shock

Dozens Of Nations Scramble For World Bank Financing Amid Iran War Global Shock Via The Cradle Twenty-seven countries have moved to activate emergency World Bank financing mechanisms since the US-Israeli war on Iran began in late February, Reuters reported Friday. Three nations have already received approval for fast-tracked funding, while the other 24 are in the process of completing administrative procedures.  Kenya and Iraq have publicly confirmed they are seeking emergency Wor...

Alt - Zero Hedge - 17 hours ago

Ferrari Fever Hits Samsung, SK Hynix Workers As AI Memory Boom Mints New Wealth

Ferrari Fever Hits Samsung, SK Hynix Workers As AI Memory Boom Mints New Wealth The global memory boom, with Samsung at the epicenter of the production ecosystem, appears to be generating a sudden wealth effect among some employees, with local media reporting that newly enriched chip workers are now panic-buying luxury sports cars.  A short clip from MBC News, the news division of Munhwa Broadcasting Corporation and one of South Korea's top national TV and radio broadcasters, featu...

Alt - Zero Hedge - 18 hours ago

State-Sponsored Suicide

State-Sponsored Suicide Authored by MN Gordon via dollarcollapse.com "A great civilization is not conquered from without until it has destroyed itself from within." - Will and Ariel Durant, The Story Of Civilization Enemy Within How does a superpower die? Does it come from the blinding kill shot of a hypersonic missile streaking through the sky? Or, perhaps, a rogue cyberattack that mortally destroys the national power grid? Will the end of America come with foreign tanks rol...

Alt - Zero Hedge - 19 hours ago

Another Detransitioner Wins A Huge Settlement

Another Detransitioner Wins A Huge Settlement A woman who underwent a double mastectomy after identifying as "nonbinary" has reportedly secured a confidential $3.5 million settlement after suing the mental health professionals who approved her for the life-altering procedure. Camille Kiefel, 36, alleged in a malpractice lawsuit that two Oregon therapists signed off on the surgery after only brief telemedicine consultations, despite a documented history of mental health issues. The s...

Alt - Zero Hedge - 19 hours ago

Building American Cities That Would Make The Founding Fathers Proud

Building American Cities That Would Make The Founding Fathers Proud Authored by Charles Ma via RealClearPolicy, American cities need bold renewal. What we need is a "MadeCity" vision - a vision for intentionally crafting or "making" cities that emphasize the enduring higher order potential within people. Beginning to plan and build such cities as part of America's upcoming 250th anniversary is a fitting way to extend John Winthrop's vision for America as a "City on a Hill." A Ma...

Alt - Zero Hedge - 20 hours ago

"I Think It Will Reduce Our Jobs": Jamie Dimon Predicts AI-Driven Workforce Shift At JPMorgan

"I Think It Will Reduce Our Jobs": Jamie Dimon Predicts AI-Driven Workforce Shift At JPMorgan Artificial intelligence is set to significantly alter hiring patterns at JPMorgan Chase and Co., according to CEO Jamie Dimon, who said the bank expects to recruit more AI-focused talent while reducing reliance on some conventional banking roles over time, according to Bloomberg. During a Bloomberg Television interview at the firm’s China Summit in Shanghai, Dimon acknowledged the long-ter...

Alt - Zero Hedge - 20 hours ago

Iran Destroyed 20% Of Pentagon's MQ-9 Reaper Drone Fleet: Report

Iran Destroyed 20% Of Pentagon's MQ-9 Reaper Drone Fleet: Report Via Middle East Eye Iran has destroyed $1bn worth of MQ-9 Reaper Drones, or roughly 20 percent of the US's pre-war inventory of the sophisticated unmanned aerial vehicles, according to a report by Bloomberg on Friday. The report said that many of the drones were downed by Iran in flight, but that others had been destroyed on the ground when Iran targeted US military bases in the Gulf. via AFP The MQ-9 is both a surv...

Alt - Zero Hedge - 21 hours ago

Disney Asks FCC To Declare 'The View' A News Show, Exempt From Equal Time Rule

Disney Asks FCC To Declare 'The View' A News Show, Exempt From Equal Time Rule Authored by Jill McLaughlin via The Epoch Times (emphasis ours), Disney is asking the Federal Communications Commission (FCC) to declare the daytime talk show "The View" a "bona fide news" program to bypass the federal equal opportunities law, FCC Commissioner Brendan Carr announced May 22. Democratic presidential nominee Vice President Kamala Harris (C) chats with the hosts during a commercial break at ...

Alt - Zero Hedge - 22 hours ago

Trump Says Iran Peace Deal 'Largely Negotiated,' Hormuz To Reopen As Final Terms Discussed

Trump Says Iran Peace Deal 'Largely Negotiated,' Hormuz To Reopen As Final Terms Discussed Summary Trump says an Iran peace agreement has been “largely negotiated” and will be announced “shortly,” with the reopening of the Strait of Hormuz included among the deal’s key elements. Mediators believe they are edging closer to a deal to extend the US ceasefire with Iran by 60 days Rubio from India: "There’s been some progress made. Even as I speak to you now, there’s some w...

Alt - Zero Hedge - 22 hours ago

Ivanka Trump Was Reportedly Targeted For Assassination By IRGC Terrorist

Ivanka Trump Was Reportedly Targeted For Assassination By IRGC Terrorist First Daughter Ivanka Trump was allegedly targeted in an assassination plot by an Islamic Revolutionary Guard Corps-trained terrorist seeking revenge for the killing of Iranian commander Qasem Soleimani. Iraqi national Mohammad Baqer Saad Dawood Al-Saadi, 32, reportedly pledged to kill Ivanka Trump and was found with a blueprint of her Florida home after his recent capture, according to an exclusive report from...

Alt - Zero Hedge - 23 hours ago

What 'Compassion' Isn't

What 'Compassion' Isn't Authored by Laura Hollis via The Epoch Times (emphasis ours), One of the most frustrating aspects of contemporary conversations about politics and public policy is how often the deleterious effects of terrible programs - local, state and federal - are brushed aside with distracting and even deceitful claims that the intentions behind the policies were "compassionate." This is an utterly wrongheaded analysis for many reasons. Laws, public policies, and govern...

Alt - Zero Hedge - 1 day ago

AI Content Is Swamping The Internet: How It Impacts Critical Thinking

AI Content Is Swamping The Internet: How It Impacts Critical Thinking Authored by Autumn Spredemann via The Epoch Times (emphasis ours), A never-ending flood of content generated by artificial intelligence is reshaping the internet and the way people engage with information faster than ever. Illustration by The Epoch Times, Freepik From news summaries to social media posts to academic research, the sheer volume of machine-assisted materials has been correlated with a spike in "cog...

Alt - Zero Hedge - 1 day ago

"Preserve All Records": DOJ Puts Democrat-Run Maryland On Notice In Election Integrity Probe

"Preserve All Records": DOJ Puts Democrat-Run Maryland On Notice In Election Integrity Probe Submitted by Maryland Freedom Caucus,  Assistant Attorney General Harmeet Dhillon announced on X last night that she has ordered Maryland’s State Board of Elections to preserve their records concerning the utter debacle of mail-in ballots during the state’s primary election season. It's the wrong time to send voters the wrong ballots. This @TheJusticeDept’s @CivilRights will not let Maryl...

Alt - Zero Hedge - 1 day ago

Nvidia CEO Urges Super Micro To "Enhance Compliance" Amid AI Chip-Smuggling Probe

Nvidia CEO Urges Super Micro To "Enhance Compliance" Amid AI Chip-Smuggling Probe In a rare public comment that Nvidia is growing more sensitive to downstream risk, CEO Jensen Huang was quoted by Bloomberg News as saying Super Micro Computer must strengthen internal compliance controls after Taiwanese authorities detained three people accused of smuggling banned AI chips to China.   "Ultimately, Super Micro has to run its own company," Huang told reporters on Saturday in response t...

Alt - Zero Hedge - 1 day ago

When Unfairness Is Systemic, The Consequences Are Flight, Resistance, Revolt

When Unfairness Is Systemic, The Consequences Are Flight, Resistance, Revolt Authored by Charles Hugh Smith via OfTwoMinds blog, Now that we've drained the aquifers of a stable society, the replacement form of "wealth" is a delusional credit-asset bubble that generates the illusion of "wealth." Let's weave together two threads that look different: systemic unfairness and civilizational psychosis. As I often note, social species that organize themselves into hierarchies (i.e. prima...

Alt - Zero Hedge - 1 day ago

"Some Progress Made" In Iran Peace Talks, Mediators Claim; Trump Says 'Solid 50/50' On 'Blowing Them To Kingdom Come'

"Some Progress Made" In Iran Peace Talks, Mediators Claim; Trump Says 'Solid 50/50' On 'Blowing Them To Kingdom Come' Summary Mediators believe they are edging closer to a deal to extend the US ceasefire with Iran by 60 days Rubio from India: "There’s been some progress made. Even as I speak to you now, there’s some work being done." Trump says he's a “solid 50/50” whether he would be able to make a “good” deal or else “blow them to kingdom come”. Waiting game in ...

Alt - Zero Hedge - 1 day ago

Highlights From 2nd Batch Of Declassified UFO Files Include A UAP Shootdown

Highlights From 2nd Batch Of Declassified UFO Files Include A UAP Shootdown The Pentagon’s second batch of declassified UFO files released on May 22 includes videos such as Unidentified Anomalous Phenomena (UAP) being shot down over the Great Lakes and audio of astronauts witnessing a series of unexplained phenomena. ​Dozens of documents were cleared for release on Friday, adding to the previous document dump on May 8, which revealed that Apollo 11 astronauts reported seeing a “siz...

Alt - Zero Hedge - 1 day ago

Delivery Hero Confirms Uber's Takeover Bid In Push For Global Food-Delivery Empire

Delivery Hero Confirms Uber's Takeover Bid In Push For Global Food-Delivery Empire Summary: Delivery Hero Confirms 33 Euro Takeover Bid  Uber Speculation of Delivery Hero Takeover  Uber Builds Large Stake in Delivery Hero  Delivery Hero Confirms Takeover Bid  Delivery Hero has confirmed that Uber has proposed buying the German food delivery company for 33 euros per share, in line with earlier takeover reports. Following today’s press publication, Delivery Hero SE confi...

Alt - Zero Hedge - 1 day ago

Pentagon, Intelligence Community Preparing For Renewed Strikes On Iran This Weekend: CBS

Pentagon, Intelligence Community Preparing For Renewed Strikes On Iran This Weekend: CBS CBS is reporting that the Trump administration, specifically the Pentagon - as well as intelligence community officials - are currently preparing for a new potential round of military strikes against Iran within the next three days. However, like with much of the latest speculation and reporting regarding what comes next in the Iran war, the report included the important caveat that nothing is ...

Alt - Zero Hedge - 1 day ago

40,000 Evacuated In Southern California As Chemical Tank Threatens Leak Or Explosion

40,000 Evacuated In Southern California As Chemical Tank Threatens Leak Or Explosion Authored by Kimberley Hayek via The Epoch Times, Roughly 40,000 people in Garden Grove, a Los Angeles suburb, were evacuated on Friday after a chemical storage tank was determined to be at risk of failing and spilling thousands of gallons of toxic material or exploding. The malfunctioning tank holds methyl methacrylate, a flammable and volatile chemical used in plastics manufacturing for aerospa...

Alt - Zero Hedge - 1 day ago

Trump Speaks With Qatar Emir As Pakistani-Led Iran Peace Push Intensifies

Trump Speaks With Qatar Emir As Pakistani-Led Iran Peace Push Intensifies US-Iran de-escalation hopes drove crude oil and rates lower and put a bid in equities by the end of Friday's trading day, amid speculation that President Trump would stay at the White House over Memorial Day weekend instead of attending Donald Trump Jr. and Bettina Anderson’s wedding celebrations in the Bahamas. "As Iran/oil/rates pressure eased on de-escalation hopes, leadership rotated toward small caps, eq...

Alt - Zero Hedge - 1 day ago

Morocco Launches Mass Deportations To Block Europe Migration Route: EU's 'Externalization Strategy'

Morocco Launches Mass Deportations To Block Europe Migration Route: EU's 'Externalization Strategy' Via Middle East Eye Since April 14, Morocco has been conducting large-scale deportation operations targeting sub-Saharan Africans migrating to Europe, reportedly arresting over 100 per day, local sources told Middle East Eye. According to Moroccan human rights groups, around 800 people were detained during coordinated raids in the forests between Fnideq and Belyounech, in the northe...

Alt - Zero Hedge - 1 day ago

'Great Replacement' Fears Soar In Belgium

'Great Replacement' Fears Soar In Belgium Via Remix News, A major social study commissioned by VRT, known as the “Photo of Flanders,” reveals that a majority of Flemish people are afraid they are being slowly replaced by migrants, with this study now joining similar ones in France and Germany, which reveal serious fear across Europe about the ongoing Great Replacement. The VRT survey shows that 56 percent of respondents agree with the statement: “I am afraid that Flemish people ...

Alt - Zero Hedge - 1 day ago

These Are The Best (And Worst) Countries For LGBTQ+ Travelers

These Are The Best (And Worst) Countries For LGBTQ+ Travelers In order to help LGBTQ+ tourists travel safely, the German portal Spartacus started publishing the Gay Travel Index in 2012. In the 2026 edition, the ranking compared 217 countries and territories based on the situation of lesbian, gay, bisexual, transgender, intersex and queer people in each location. As Statista's Anna Fleck details below, according to the index, Iceland is considered the safest and most open place for...

Alt - Zero Hedge - 1 day ago

The Marxist In The Machine

The Marxist In The Machine Authored by Raw Egg Nationalist via American Greatness, Our fears for the future of robot intelligence almost inevitably end in spectacular fashion, with nuclear explosions and slaughter on a planetary scale. An abiding memory of my childhood is going over to the neighbors' house and watching Terminator 2 on VHS with my friends Ethan and Nathan, who were both older than me. I must have been about five years old - about 13 years too young to watch the film...

Alt - Zero Hedge - 1 day ago

No Wonder Men Are Opting Out

No Wonder Men Are Opting Out Authored by Bettina Arndt via DailySceptic.org, The warning signs have been there for decades. Back in 1983, American author Barbara Ehrenreich wrote a powerful book — The Hearts of Men: American Dreams and the Flight from Commitment — arguing that a male revolt was underway. Since the 1950s, she suggested, men had begun rebelling against the breadwinner ethic, inspired by Playboy culture, the counterculture and a desire for personal freedom. They wer...

Alt - Zero Hedge - 1 day ago

US Sanctions Sinaloa Cartel-Linked Ethereum Addresses

US Sanctions Sinaloa Cartel-Linked Ethereum Addresses Authored by Zoltan Vardai via CoinTelegraph.com, The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned six Ethereum addresses tied to a Sinaloa Cartel-linked money laundering network that allegedly converted drug proceeds into cryptocurrency. OFAC added the addresses to its Specially Designated Nationals list (a US sanctions list of people, entities and assets subject to blocking restrictions)...

Alt - Zero Hedge - 1 day ago

Atlanta Continues To Dominate Among World's Busiest Airports

Atlanta Continues To Dominate Among World's Busiest Airports In 2025, the world’s busiest airport was not in Dubai, London, or Tokyo. It was Atlanta. Hartsfield-Jackson Atlanta International Airport handled 106.3 million passengers, making it the only airport in the world to cross the 100 million mark. This graphic, via Visual Capitalist's Gabriel Cohen, ranks the world’s busiest airports by total passengers boarded and deplaned in 2025, using new data from the Airports Council ...

Alt - Zero Hedge - 1 day ago

India Explores Alternative Energy Sources After Oil Supply Shock

India Explores Alternative Energy Sources After Oil Supply Shock By Tsvetana Paraskova of OilPrice.com India’s Prime Minister Narendra Modi has urged the government to urgently explore an increase in the use of alternative energy sources, including biogas as a substitute for liquefied petroleum gas (LPG), as the Middle East crisis is choking oil and gas supply to the world’s third-largest crude importer. Modi also urged ministers to move faster with implementing reforms to turn ...

Alt - Zero Hedge - 1 day ago

Disney's Marvel Comics Faces Mass Layoffs And New Woke Leadership

Disney's Marvel Comics Faces Mass Layoffs And New Woke Leadership The saga of woke comics is the saga of woke America.  Much like video games, comics and superhero movies were ignored by conservative movements as "meaningless kids stuff" until recently, which is part of the reason why those industries were so easily invaded by leftists and used to indoctrinate millions of children and teens a decade ago. Culture is more important than politics.  This is obvious.  It's a fact that l...

Alt - Zero Hedge - 1 day ago

The Trillion-Dollar Man

The Trillion-Dollar Man Authored by Noel Williams via AmericanThinker.com, If he had any, Bernie would be pulling his hair out at the prospect of Elon Musk becoming a trillionaire. Socialist imbeciles spurn success, preferring downtrodden masses who wallow in government dependence rather than exerting individual independence. As is well known, socialists portray billionaires as a "policy mistake." Extrapolating from that, they must consider the potential coming of trillionaires...

Alt - Zero Hedge - 1 day ago

China To Impose Mining Controls On Strategic Minerals

China To Impose Mining Controls On Strategic Minerals The Trump-Xi meeting is now history, so Beijing can go back to doing what it does best: squeezing US supply chains with its near chokehold on most strategic and rare-earth supply chains. China plans to impose mining controls on certain strategic minerals to ensure supply security and protect the finite resources, Beijing revealed in a government notification published by the official Xinhua News Agency.  The new rules will take...

Alt - Zero Hedge - 1 day ago

Pentagon Concedes That US Provided Most Of Israel's Missile Defense During Iran War

Pentagon Concedes That US Provided Most Of Israel's Missile Defense During Iran War Via The Libertarian Institute The US fired hundreds of its most advanced interceptors to protect Israel from Iranian missiles during the first five weeks of the war.  According to a Department of War assessment described to The Washington Post, the US used 200 Terminal High Altitude Area Defense (THAAD) interceptors and over 100 SM-3 and SM-6 missiles in defense of Israel. Image source: DoD/Departm...

Alt - Zero Hedge - 1 day ago

CEO Saves His Failing Company By Firing Entire HR Department

CEO Saves His Failing Company By Firing Entire HR Department When Elon Musk purchased Twitter and took the company over in 2022, he proceeded to fire approximately 80% of the social media company's bloated 7500 person workforce.  This included almost all HR related employees.  The company roster was pared down to a lean 1500 people.  Everyone in the establishment media claimed that Twitter (now called "X") was going to collapse.  The political left and their corporate allies did ev...

Alt - Zero Hedge - 1 day ago

Japan To Welcome First Crude Cargo Via Hormuz Since War Began

Japan To Welcome First Crude Cargo Via Hormuz Since War Began By Tsvetana Paraskova of OilPrice.com A supertanker carrying 2 million barrels of Saudi crude is set to arrive in Japan early next week after clearing the Strait of Hormuz in late April, in the first shipment of Middle East crude to Japan via the chokepoint since the Iran war began on February 28. The Idemitsu Maru very large crude tanker; Photo: MarineTraffic The very large crude carrier (VLCC) Idemitsu Maru, which had...

Alt - Zero Hedge - 1 day ago

China Restricts Fentanyl Precursor Chemical Exports To North America After Trump-Xi Talks

China Restricts Fentanyl Precursor Chemical Exports To North America After Trump-Xi Talks One week after President Donald Trump's China summit with President Xi Jinping, where the two superpower leaders focused on issues ranging from bilateral trade to the Hormuz chokepoint, there appears to be measurable progress on one key 'MAGA' issue: the flow of fentanyl precursor chemicals into North America. Bloomberg reports Friday morning that China imposed new export controls on three c...

Alt - Zero Hedge - 1 day ago

House Democrats Unanimously Vote Against Women's History Museum... Can You Guess Why?

House Democrats Unanimously Vote Against Women's History Museum... Can You Guess Why? Authored by Jonathan Turley, House Democrats unanimously voted this week against legislation to build a new women’s history museum on the National Mall. The reason was an amendment that limited the exhibits to biological women to the exclusion of transgender figures. The museum failed 204-216 as House Democrats hoped that they could still secure a museum including transgender figures once they ...

Alt - Zero Hedge - 1 day ago

Iconic American Beer Brand Discontinued After 177 Years

Iconic American Beer Brand Discontinued After 177 Years Schlitz Premium, the storied lager once billed as “the beer that made Milwaukee famous,” is heading into retirement. Pabst Brewing Co. confirmed this week it is placing the brand on indefinite hiatus, ending production of the nearly two-century-old beer label founded in Milwaukee in 1849 that grew into one of America’s most iconic brews. The decision, driven by rising storage and shipping costs amid softening demand for the ...

Alt - Zero Hedge - 1 day ago

The Coup Abides

The Coup Abides Authored by James Howard Kunstler, "Leftists can’t name and blame specific individuals for the 2024 loss because they’re an undifferentiated blob who function unconsciously according to enmeshed group think." - Aimee Therese on X In all the chatter about the Democratic Party’s 2024 election “autopsy” report you might have missed one little important detail: autopsies are generally performed on the dead. Stephen Colbert’s final week on CBS’s Late Night Show was ...

Alt - Zero Hedge - 1 day ago

Singham Network Mobilizes To Defend Raúl Castro After DOJ Indictment

Singham Network Mobilizes To Defend Raúl Castro After DOJ Indictment Via American Greatness, Key organizations and activists tied to the CCP-linked Singham Network rapidly moved to defend former Cuban dictator Raúl Castro following this week’s Justice Department indictment tied to the 1996 shootdown of civilian aircraft flown by Brothers to the Rescue. The indictment, unveiled by the United States Department of Justice, charges Castro and others in connection with the deaths of ...

Alt - Zero Hedge - 2 days ago

Chinese Refining Rates Unexpectedly Plunge To All-Time Lows As Economy Falls Off A Cliff

Chinese Refining Rates Unexpectedly Plunge To All-Time Lows As Economy Falls Off A Cliff Two weeks ago, when discussing the market "mystery" of sliding physical crude oil prices, we said that the most likely culprit were Chinese refiners, whose refining margins had just collapsed to the most negative on record. The reason for the margin collapse was China’s domestic fuel policy: it has long been Beijing's policy to soften price hikes to help shield consumers and avoid social unre...

Alt - Zero Hedge - 2 days ago

Uber Builds Large Stake In Germany's Delivery Hero As Takeover Speculation Builds

Uber Builds Large Stake In Germany's Delivery Hero As Takeover Speculation Builds Uber is exploring a potential takeover of Delivery Hero after building a large stake in the rival German food delivery company, Bloomberg News reports. This follows an earlier report that Uber had built a 19.5% stake. On Monday, Uber disclosed that it owns 19.5% of Delivery Hero, plus an additional 5.6% through options. The position was built with the help of Morgan Stanley traders, according to peopl...

Alt - Zero Hedge - 2 days ago

Iran Says 35 Ships Exited Strait Of Hormuz As Rubio Condemns Tolls

Iran Says 35 Ships Exited Strait Of Hormuz As Rubio Condemns Tolls The US blockade of the Iranian blockade is looking increasingly more porous. Iran said 35 ships passed through the Strait of Hormuz in the past 24 hours in coordination with the Islamic Revolutionary Guard Corps, the Iranian state broadcaster reported on Friday. The navy had already reported on Wednesday that 26 ships had passed through the strait within 24 hours. On Friday, the data provider Kpler confirmed only 10...

Alt - Zero Hedge - 2 days ago

Iran Says 'No Deal' Will Materialize If US Insists On Enriched Uranium Handover

Iran Says 'No Deal' Will Materialize If US Insists On Enriched Uranium Handover Summary Iran Foreign Ministry says "no deal" will be reached if the US makes enriched uranium handover demand (Al Jazeera). Rubio confirms that there's been no deal and that "we're not there yet" - amid broader late morning pushback against morning optimistic, premature headlines. Saudi sources report Pakistan army chief and a Qatar delegation en route to Tehran, after which Field Marshal Munir arrive...

Alt - Zero Hedge - 2 days ago

India's Power Demand Hits Record High As Heat Drives Coal Use

India's Power Demand Hits Record High As Heat Drives Coal Use Submitted by Irina Slav of OilPrice.com India’s power generation rose to a new all-time high amid hot weather that drove air-conditioning demand up, with thermal generation, most of its coming from coal power plants, covering 62% of demand. Power demand on Thursday hit 271 GW, on the “fourth consecutive day when the peak power demand (solar hours) reached a new all-time high,” India’s power ministry said, as quoted by...

Alt - Zero Hedge - 2 days ago

Tulsi Gabbard Resigns As Director Of National Intelligence

Tulsi Gabbard Resigns As Director Of National Intelligence Tulsi Gabbard is stepping down from her role as Director of National Intelligence (DNI) to support her husband, Abraham, as he battles an extremely rare form of bone cancer, according to Fox News. Gabbard informed President Donald Trump of her decision during a meeting in the Oval Office on Friday. Her last day at the Office of the Director of National Intelligence (ODNI) will be June 30, 2026. In her formal resignation ...

Alt - Zero Hedge - 2 days ago

Crowd Burns Ebola Treatment Center In Congo Amid Dispute Over Body

Crowd Burns Ebola Treatment Center In Congo Amid Dispute Over Body Authored by Zachary Stieber via The Epoch Times, People set fire to an Ebola treatment center in a town at the heart of the outbreak in eastern Congo on May 21 after being stopped from retrieving the body of a local man, witnesses and police said. “The police intervened to try to calm the situation, but unfortunately they were unsuccessful,” Alexis Burata, a local student who said he was in the area, told The Assoc...

Alt - Zero Hedge - 2 days ago

White House And Pentagon Clash Over $80M ReElement Critical Minerals Deal

White House And Pentagon Clash Over $80M ReElement Critical Minerals Deal The Pentagon is reconsidering an $80 million conditional loan to rare-earths refiner ReElement Technologies, raising tensions with the White House over efforts to reduce US reliance on China for critical minerals, according to Bloomberg. The loan, announced in November through the Pentagon’s Office of Strategic Capital (OSC), was part of a broader $1.4 billion critical-minerals initiative alongside Vulcan Ele...

Alt - Zero Hedge - 2 days ago

Rising Interest Rates: Why The Narrative Fails Against The Data

Rising Interest Rates: Why The Narrative Fails Against The Data Authored by Lance Roberts via RealInvestmentAdvice.com, Last Friday closed with the 10-year Treasury yield at 4.60%, a one-year high, and the doom commentary about rising interest rates was waiting before the bell even rang. Hyperinflation. Bond market breakdown. Paradigm shift. A 1981 fair-value retest. The Fed is about to “push the brrrr button” or pop “the everything bubble.” If you spent any time on social media ...

Alt - Zero Hedge - 2 days ago

Taiwan Arms Deal Put On Ice Amid China Pressure, But Pentagon Cites Iran War Stockpile Concerns

Taiwan Arms Deal Put On Ice Amid China Pressure, But Pentagon Cites Iran War Stockpile Concerns Did the Pentagon just back down amid pressure from China? It appears so. As we reported Thursday, China has been actively holding up a proposed visit by Elbridge Colby, the Pentagon's under-secretary of defense for policy. The move is a transparent effort to pressure President Trump over a looming $14 billion weapons package for Taiwan. Sources familiar with the talks told the Financial ...

Alt - Zero Hedge - 2 days ago

Is Take-Two Sandbagging Guidance Ahead Of Grand Theft Auto VI Launch?

Is Take-Two Sandbagging Guidance Ahead Of Grand Theft Auto VI Launch? Take-Two Interactive slumped in early U.S. cash session after the video-game publisher reported better-than-expected fourth-quarter results but issued what some analysts described as a "conservative" outlook for the year, even as it reaffirmed the November 19 launch date for Grand Theft Auto VI. TTWO's earnings, released Thursday evening, initially sent shares higher in the after-market, as traders focused on GTA...

Alt - Zero Hedge - 2 days ago

US Lawmakers Renew Strategic Bitcoin Reserve Push With ARMA Bill

US Lawmakers Renew Strategic Bitcoin Reserve Push With ARMA Bill Authored by Brayden Lindrea via CoinTelegraph.com, US lawmakers have renewed efforts to codify a US strategic Bitcoin reserve with a new bipartisan bill on Thursday that seeks to acquire around 1 million Bitcoin over five years.  The American Reserve Modernization Act of 2026 would establish a Strategic Bitcoin (BTC) Reserve and Digital Asset Stockpile for other federally held cryptocurrencies, which would be held ...

Alt - Zero Hedge - 2 days ago

"Huge Shock": China Launches Crackdown On Cross-Border Stock Selling To Block Capital Outflows

"Huge Shock": China Launches Crackdown On Cross-Border Stock Selling To Block Capital Outflows China launched an unprecedented campaign against illegal cross-border trading to stem capital outflows, threatening severe penalties against brokers and ordering non-compliant accounts to be liquidated within two years, sparking a brutal selloff in three popular brokerages. As Bloomberg reports, the pushback came after the onshore markets closed Friday when eight regulators issued a joint...

Alt - Zero Hedge - 2 days ago

'Mission Impossible' Begins: Watch Live As Kevin Warsh Is Sworn In As 17th Fed Chair

'Mission Impossible' Begins: Watch Live As Kevin Warsh Is Sworn In As 17th Fed Chair Kevin Warsh, who’s promised the biggest shakeup in decades at the US central bank, is set to be sworn into office this morning at 1100ET in a White House ceremony as the 17th chair of the Federal Reserve. Warsh takes over at a tense moment for the economy and the central bank. Inflation has reaccelerated, driven by the impact of war in the Middle East on energy supplies. The Fed, meanwhile, has bee...

Alt - Zero Hedge - 2 days ago

UBS Warns Of "Scary" Oil Price Scenarios Once Inventory Buffers Run Dry

UBS Warns Of "Scary" Oil Price Scenarios Once Inventory Buffers Run Dry Drawing down crude inventories at a record pace, with SPR releases doing the heavy lifting to cushion the Gulf supply shock, only delays the move higher in crude oil prices. Once those buffers are depleted, oil risks being violently repriced higher. That is why the Trump administration's race to secure a peace deal with Iran and reopen the Hormuz chokepoint has taken on new urgency in recent weeks. The longer t...

Alt - Zero Hedge - 2 days ago

Viral Video Reveals Extent Of LA's Homeless Hell

Viral Video Reveals Extent Of LA's Homeless Hell Authored by Steve Watson via Modernity.news, A shocking video making the rounds shows the reality of life under Los Angeles bridges: a sprawling setup of makeshift homes complete with lighting tapped into the city power grid, tables of items, and a self-contained community living off public resources. The clip, originally from local documentarian @whitewallstuntz, captures a resident proudly displaying his space. "This how people ...

Alt - Zero Hedge - 2 days ago

As Stocks Hit Record Highs, Americans' Consumer Confidence Collapses To Record Low

As Stocks Hit Record Highs, Americans' Consumer Confidence Collapses To Record Low With the "mini war" still ongoing (albeit with a 'ceasefire' in place), expectations were for UMich consumer sentiment to continue languishing at record lows in final May data released this morning. And it did, with the headline sentiment - along with both Current Conditions and Expectations - all plunging to record lows... Source: Bloomberg Yep... Americans have never been more miserable... Blac...

Alt - Zero Hedge - 2 days ago

Rubio Says 'Not There Yet' As Reports Of Draft Iran Deals Circulating Deemed Inaccurate

Rubio Says 'Not There Yet' As Reports Of Draft Iran Deals Circulating Deemed Inaccurate Summary Rubio confirms that there's been no deal and that "we're not there yet" - amid broader late morning pushback against morning optimistic, premature headlines. Saudi sources report Pakistan army chief and a Qatar delegation en route to Tehran, only for CBS to cite Pakistan Foreign Ministry which says "not aware" of Field Marshal Munir's visit. Influential Iranian parliament member threat...

Alt - Zero Hedge - 2 days ago

Hope And Reality

Hope And Reality By Teeuwe Mevissen, Senior Macro Strategist at Rabobank Since the start of the Iran war the market has had a tendency to view the likelihood of a peace agreement with a ‘glass half full’ attitude. Once again, markets have found some comfort in encouraging remarks from both the US and Iran, even though both sides are making it clear that there are still major sticking points on critical issues. US Secretary of State Rubio has suggested that there are “some goods s...

Alt - Zero Hedge - 2 days ago

Trump Sending 5,000 Additional Troops To Poland, After Same Number Reduced From Germany

Trump Sending 5,000 Additional Troops To Poland, After Same Number Reduced From Germany President Trump announced in a post on Truth Social late Thursday that he will send 5,000 additional troops to Poland, which has raised a lot of questions and introduced some level of confusion, given this is precisely the same number of troops the Pentagon has announced it plans to pull out of Germany. "Based on the successful Election of the now President of Poland, Karol Nawrocki, who I was p...

Alt - Zero Hedge - 2 days ago

Regulators Circle StanChart After CEO's AI Layoff Comments Spark Uproar

Regulators Circle StanChart After CEO's AI Layoff Comments Spark Uproar It has been a tumultuous week for Standard Chartered CEO Bill Winters. Winters appeared out of touch with the growing anxiety surrounding mounting white-collar AI-related job losses. He described the bank's AI adoption push as "not cost-cutting," but rather as "replacing lower-value human capital with financial and investment capital." Such language ignited a firestorm for the CEO and the bank, and by the end...

Alt - Zero Hedge - 2 days ago

Hormuz Shock Raises Recession Risk As Retailers Sound Alarm On Consumer Stress

Hormuz Shock Raises Recession Risk As Retailers Sound Alarm On Consumer Stress Oil market experts at Rapidan Energy Group warn that a prolonged closure of the Strait of Hormuz could trigger an oil shock severe enough to hit consumers hard and push the economy into a downturn on a scale approaching that of the 2008 Great Recession. That warning was reinforced by a UBS analyst, who cautioned that sharper slowdowns for working-class households could emerge this summer as gasoline pump...

Alt - Zero Hedge - 2 days ago

Starmer Government Doubles Down On Anti-Free Speech Policies

Starmer Government Doubles Down On Anti-Free Speech Policies Authored by Jonathan Turley, When hundreds of thousands of Britons joined the recent Unite the Kingdom rally, the government of Keir Starmer wanted them to know that they were being watched for possible arrest. By deploying facial recognition systems and invoking the United Kingdom’s anti-free speech laws, Starmer’s government made it clear that it would not tolerate anything it considered hateful or xenophobic, on the he...

Alt - Zero Hedge - 2 days ago

Mortgage Rates Hit 9-Month High, Freezing Out Homebuyers In Peak Season

Mortgage Rates Hit 9-Month High, Freezing Out Homebuyers In Peak Season The average rate on a 30-year fixed mortgage climbed to its highest level since August, threatening to derail the spring selling season as higher Treasury yields and renewed inflation pressure push loan costs higher and freeze more prospective buyers out of the market. Freddie Mac data released Thursday show the 30-year fixed mortgage rate for the week ending May 21 jumped to 6.51% from 6.36%, the highest rate ...

Alt - Zero Hedge - 2 days ago

US Removes UN Gaza Rapporteur Francesca Albanese From Sanctions List

US Removes UN Gaza Rapporteur Francesca Albanese From Sanctions List Authored by Owen Evans via The Epoch Times (emphasis ours), The United States has removed U.N. special rapporteur Francesca Albanese from its sanctions list, according to a May 20 notice posted by the Treasury Department's Office of Foreign Assets Control. Francesca Albanese, U.N. special rapporteur on human rights in the Palestinian territories, attends a news conference during the Human Rights Council at the Uni...

Alt - Zero Hedge - 2 days ago

Chinese EV Makers Turn Abandoned Western Factories Into Global Launchpads

Chinese EV Makers Turn Abandoned Western Factories Into Global Launchpads Chinese EV companies are rapidly expanding overseas by snapping up unused factory space from struggling Western automakers, many of whom are downsizing traditional gasoline-car production, according to Nikkei. Stellantis recently opened plants in France and Spain to partnerships with Dongfeng and Leapmotor. At the same time, Geely is expected to restart an idle production line at a Spanish factory owned by Fo...

Alt - Zero Hedge - 2 days ago

Elon Musk Offers To Fund Lawsuit Against UK Police In Henry Nowak Stabbing Tragedy

Elon Musk Offers To Fund Lawsuit Against UK Police In Henry Nowak Stabbing Tragedy Authored by Steve Watson via Modernity.news, Elon Musk has stepped forward to hold UK police accountable in what appears to be one of the most disturbing policing failures to emerge from Britain in years. The tech mogul publicly offered to bankroll a wrongful death lawsuit against officers who allegedly prioritized an attacker's claims of "racism" over saving the life of 18-year-old Henry Nowak. ...

Alt - Zero Hedge - 2 days ago

Shipping Turmoil Remains Largely Contained To Gulf, For Now

Shipping Turmoil Remains Largely Contained To Gulf, For Now The world's most critical maritime energy chokepoint has now been closed for 12 weeks, leaving seaborne energy supply chains heavily disrupted. Still, one UBS analyst points out that the shock has yet to meaningfully spill over into broader global shipping outside the Gulf area, suggesting the disruption remains largely contained for now. "It looks like non-energy related global shipping traffic is running just 4% below n...

Alt - Zero Hedge - 2 days ago

Authoritarianism Doesn't Arrive With A Coup... It Arrives With A Login

Authoritarianism Doesn't Arrive With A Coup... It Arrives With A Login Authored by Sam Lowry via dailysceptic.org, Authoritarianism doesn’t usually arrive with a coup. It arrives with a login, a compliance form, a penalty notice for keeping records in the wrong format. It comes with a quietly extended electoral term, a cancelled bank account, a prison sentence for a social media post. Each measure has a reasonable-sounding justification. The problem is the direction and how far it ...

Alt - Zero Hedge - 2 days ago

From ISIS To Finance Bro: Syria's Sharaa To Attend G7 Summit In France

From ISIS To Finance Bro: Syria's Sharaa To Attend G7 Summit In France Syria continues stepping out of the geopolitical wilderness, now apparently onto the highest-stakes stage in international finance. Or rather, the reality is that Washington's post-Assad Al Qaeda in suits makeover of 'former' terror leader Ahmed al-Sharaa has reached its peak. According to a Reuters report on Thursday, self-appointed Syrian President Ahmed al-Sharaa (Jolani) is set to lead a national delegation ...

Alt - Zero Hedge - 2 days ago

Pentagon Delegation's Beijing Visit Held Up Over Gargantuan US Arms Package For Taiwan

Pentagon Delegation's Beijing Visit Held Up Over Gargantuan US Arms Package For Taiwan China is using a Pentagon itinerary as structural leverage, and Taiwan remains front and center as the key geopolitical snag in bettering communications and relations between Beijing and Washington. According to a Financial Times report published Thursday, China is actively holding up a proposed visit by Elbridge Colby, the Pentagon's under-secretary of defense for policy. The move is a transpare...

Alt - Zero Hedge - 2 days ago

Trump Admin Targets States' Medicaid Fraud Units

Trump Admin Targets States' Medicaid Fraud Units Authored by Tom Gantert via The Epoch Times, Vice President JD Vance said during a recent press conference that he was intensifying attempts to counter Medicaid fraud by investigating state-level units responsible for oversight. States such as California and Hawaii seemed to lag behind others in combatting fraud, said Vance, whom the president picked in March to lead an anti-fraud task force. “Now, we have red states and blue sta...

Alt - Zero Hedge - 2 days ago

"Marylanders Are Voting With Their Feet": Johns Hopkins Finds Blue State Exodus To Persist For Years

"Marylanders Are Voting With Their Feet": Johns Hopkins Finds Blue State Exodus To Persist For Years A new Johns Hopkins University survey shows that more than half of Baltimore respondents expect to move out of their current neighborhoods within three years, as the one-party-ruled state of Democratic Party queens and kings has failed taxpayers on affordability, law and order, and other basic issues commonly standard in red states. The Hopkins survey, conducted from September to No...

Alt - Zero Hedge - 2 days ago

Toyota To Import Taiwan-Built Minivans To Japan Amid Factory Strain

Toyota To Import Taiwan-Built Minivans To Japan Amid Factory Strain Toyota will start shipping Taiwan-built Noah and Voxy minivans to Japan later this year, marking a rare shift in the company’s production strategy as mounting pressures strain the country’s auto manufacturing sector, according to Nikkei. Production for the Japanese market is set to begin in October on a dedicated line at Toyota’s plant in northern Taiwan, according to Nikkei. While Japanese automakers have long sol...

Alt - Zero Hedge - 2 days ago

Can Progressivism Be Overthrown?

Can Progressivism Be Overthrown? Authored by Jeffrey A. Tucker via The Epoch Times (emphasis ours), For the last year and a half, Americans have been slammed with politics to the point that it has made vast numbers of people nearly crazy. Following the news, the blow-by-blow is not easy, and it is worse seeing coalitions form, collapse, reconstitute, form again, and be witness nonstop to what seem to be subversions, betrayals, duplicates, and disappointments. U.S. Supreme Court Ass...

Alt - Zero Hedge - 2 days ago

“We Must Leap Forward Into New Energy” - Canaccord’s Inaugural Nuclear Nexus Conference 

“We Must Leap Forward Into New Energy” - Canaccord’s Inaugural Nuclear Nexus Conference  A new report from Canaccord Genuity captures the main threads from the firm’s first Nuclear Nexus conference, where fission and fusion developers, academics, and investors gathered to confront the practical barriers to scaling nuclear power.  The event highlighted a shared recognition that surging electricity demand from AI data centers “finds itself bottle-necked by the physical reality of the...

Alt - Zero Hedge - 2 days ago

Great Again: Blue-Haired Liberals Seen Enjoying Beautifully Restored DC Park Fountain

Great Again: Blue-Haired Liberals Seen Enjoying Beautifully Restored DC Park Fountain Authored by Steve Watson via modernity.news Decline is a choice Just weeks ago, Meridian Hill Park - also known as Malcolm X Park - stood as a graffiti-scarred reminder of neglect, overrun by vagrants, trash, and decay. Today, its iconic 13-basin cascading fountain flows powerfully once more, drawing families, dog walkers, and even those with blue hair who once might have sneered at such efforts....

Alt - Zero Hedge - 2 days ago

It's Not Iran Trapping Ships In The Hormuz, It's The Insurance Risk

It's Not Iran Trapping Ships In The Hormuz, It's The Insurance Risk Is the Iranian regime the immediate barrier to oil tankers seeking to exit the Strait of Hormuz, or is it fear of liability that's keeping shipping companies at bay? The damage actually done to Iran's military and weaponry by US strikes is a matter of hot debate, but one aspect of the strikes that is relatively easy to confirm is the destruction to Iran's navy.  US Central Command indicates that around 92% of Iran'...

Alt - Zero Hedge - 2 days ago

Electric Bills Could Be 2026 Election Shocker

Electric Bills Could Be 2026 Election Shocker Authored by John Haughey via The Epoch Times (emphasis ours), If all politics is local, as former House Speaker Tip O'Neill said in tying politicians' fortunes to constituents' pocketbooks, then a voter's electricity bill is about as local as an issue can get, landing on kitchen tables every month. Illustration by The Epoch Times, Getty Images, Samira Bouaou/The Epoch Times With electricity costs spiking for many of the nation's 133 mi...

Alt - Zero Hedge - 2 days ago

The DNC Finally Releases Its 2024 Autopsy, And It's A Total Whitewash

The DNC Finally Releases Its 2024 Autopsy, And It's A Total Whitewash The Democratic National Committee has released its long-awaited "autopsy" of the 2024 presidential election, and it is getting panned from all sides for being evasive, poorly constructed, and conspicuously silent on the two most consequential decisions the party made in 2024. DNC Chair Ken Martin had been sitting on this report since late last year. He pledged transparency, then reversed course in December, say...

Alt - Zero Hedge - 2 days ago

American Freight Revival Enters Next Phase As Illegal Alien Trucker Chaos Continues

American Freight Revival Enters Next Phase As Illegal Alien Trucker Chaos Continues Submitted by American Truckers United, In a unanimous landmark decision, the U.S. Supreme Court ruled that the Federal Aviation Administration Authorization Act (FAAAA) does not protect freight brokers from state-law negligence claims when they carelessly hire unsafe motor carriers. Landmark win for trucking safety this morning. The Supreme Court rules UNANIMOUSLY against the broker that helped p...

Alt - Zero Hedge - 2 days ago

Turkey Markets Crash After Court Unseats Opposition Head In Latest Erdogan Power Grab

Turkey Markets Crash After Court Unseats Opposition Head In Latest Erdogan Power Grab Shortly after we learned that Turkey had sold virtually all of its Treasuries in March to defend the lira after the Iran war broke out, the country was thrown into fresh political turmoil on Thursday when a Turkish court removed the leader of the country’s main opposition party in a landmark ruling that triggered a stock market crash, including one marketwide halt, and could strengthen President Re...

Alt - Zero Hedge - 2 days ago

We Are 6 Months From Global Food Shortages Because Farmers Are Facing A Quadruple Whammy Crisis

We Are 6 Months From Global Food Shortages Because Farmers Are Facing A Quadruple Whammy Crisis Authored by Michael Snyder via TheMostImportantNews.com, We have never faced anything quite like this. Diesel fuel and fertilizer have become far more expensive as a result of the conflict in the Middle East, and extreme weather is playing havoc with crops all over the planet. Here in the United States, we just experienced the driest first three months of a year in recorded history. No, ...

Alt - Zero Hedge - 2 days ago

Daily Wire Names New CEO As Audience, Revenue Challenges Mount

Daily Wire Names New CEO As Audience, Revenue Challenges Mount The Daily Wire announced Tuesday that CEO Caleb Robinson is stepping down effective immediately and transitioning to a board role while retaining significant ownership in the company. Mike Richards, who joined as President and Chief Content Officer roughly a year ago, has been named the new CEO. Robinson framed the move as a deliberate shift: "Stepping down as CEO of Daily Wire. Effective immediately, my new title is ...

Alt - Zero Hedge - 2 days ago

US Deploys Aircraft Carrier To Caribbean As Trump Admin Pressures Cuba

US Deploys Aircraft Carrier To Caribbean As Trump Admin Pressures Cuba Authored by Jack Phillips via The Epoch Times (emphasis ours), The U.S. military command operating in the Western Hemisphere said on May 20 that an aircraft carrier strike group entered the Caribbean Sea, as the Trump administration heaps pressure on the Cuban communist regime. In a post on X, U.S. Southern Command said that the USS Nimitz is now in the Caribbean and released video footage of the carrier group. ...

Alt - Zero Hedge - 2 days ago

DOJ Probe Widens: Minnesota Daycare Owner Charged, While Convicted Fraudster Gets Nearly 42 Years

DOJ Probe Widens: Minnesota Daycare Owner Charged, While Convicted Fraudster Gets Nearly 42 Years A Minneapolis daycare owner has been charged with conspiracy to defraud the United States, adding another case to Minnesota's widening public-benefits fraud scandal. Fahima Egeh Mahamud, 50, CEO of Future Leaders Early Learning Center, allegedly submitted more than 13,000 false claims to Minnesota's Child Care Assistance Program between 2022 and 2025, according to prosecutors. Thousand...

Alt - Zero Hedge - 2 days ago

Exit Taxes Won't Save Failing States

Exit Taxes Won't Save Failing States Authored by Vance Ginn via TheDailyEconomy.org, When a state starts floating an exit tax, it is telling you something more important than any campaign slogan: the people running the place know their model is not working.  They may not say it that way. They will call it fairness, responsibility, or making the wealthy “pay what they owe.” But the meaning is the same.  If families, entrepreneurs, and investors are leaving, the state can either ...

Alt - Zero Hedge - 2 days ago

No Deal Reached, Amid 'Fabricated' Mideast Media Reports; Trump Presses Nuclear Issue and Iran President Says 'Won't Back Down'

No Deal Reached, Amid 'Fabricated' Mideast Media Reports; Trump Presses Nuclear Issue and Iran President Says 'Won't Back Down' Summary Al Arabiya issues dramatic retraction on prior 'deal reached' reporting. Iranian president vows to not back down, as Trump still vows to get nuclear material. AI Arabiya TV obtains what it describes as final draft of US-lran agreement,  Reuters reported that Ayatollah ordered that stockpile of uranium enriched to 60% remain strictly inside Irani...