Planes Almost Collide At 2 Major Airports As Boeing Probe Advances Authored by Jacob Burg via The Epoch Times (emphasis ours), As the U.S. Justice Department decides whether to pursue a criminal case against Boeing, the Federal Aviation Administration (FAA) is investigating dozens of airplane incidents since January, including one in which a Swiss Air jet almost collided with four other planes on the runway at JFK International […]

“The Yen Collapse Has Become Disorderly”: Look For A Final, Sharp Decline Before It Hits A Floor The BOJ came, issued the shortest statement in the history of central banks… … and left, leaving traders stunned and speechless at the sheer idiocy of the world’s most clownish central bank, which has decided to invite currency collapse the same abandon as Zimbabwe, if it means pushing up domestic stonks a little bit more even as […]

NYPD Warns Anti-Israel Protesters A ‘Seattle-Style’ Occupation Zone Won’t Be Tolerated Authored by Patricia Tolson via The Epoch Times, As protests escalate across college and university campuses in the United States, a New York Police Department (NYPD) official vowed that a “Seattle-style” occupation zone will not be tolerated on the streets of New York City. Two New York Police Department (NYPD) officials spoke with Fox […]

Micro Trumps Macro As Stocks Shrug Off Week Of Higher Inflation, Higher Rates, & Lower Growth It was an ugly macro week… Source: Bloomberg …and worse still, ‘growth’ surprises disappointed significantly while ‘inflation’ surprises surprised to the upside significantly… Source: Bloomberg Soaring inflation expectations sent rate-cut expectations to new cycle lows… Source: Bloomberg …pushing yields higher […]

Trump Responds To Main ‘Hush Money’ Trial Witness’s Claims Authored by Jack Phillips via The Epoch Times, Former President Donald Trump praised the first witness in his New York City “hush money” trial, former National Enquirer publisher David Pecker, as he is scheduled to deliver more testimony in the case on Friday. “He’s been very nice. David’s been very nice. He’s a nice guy,” President Trump said on Thursday, […]

Blinken Threatens China Over Russia Ties, Warns Xi Against “Downward Spiral” In Relations With US On Friday Secretary of State Antony Blinken met with Chinese President Xi Jinping in Beijing, which brought to a close the US top diplomat’s three day visit to China.  Blinken warned the Chinese leader of another potential “downward spiral” in relations and the two sides agreed this should be avoided, however, there were plenty […]

Biden Admin Abandons Plan To Ban Menthol Cigarettes To Avoid ‘Angering Black Voters’ The so-called ‘party of science’ has decided to abandon its plan to save millions of lives (of mostly African American youth) by choosing not to ban Menthol cigarettes after all… In October 2023, the FDA said it was looking to ban menthol cigarettes and flavored cigars due to concerns these tobacco products are harming American youth. “The […]

Port Of Baltimore Partially Reopens, Allowing Trapped Cargo Ships To Exit   Officials at the Port of Baltimore opened a fourth, 35-foot deep, temporary channel through the collapsed Francis Scott Key Bridge, allowing cargo ships trapped at the port to exit.  According to Bloomberg’s ship tracking data, four of seven ships trapped at the port navigated the new temporary channel and are sailing down the Chesapeake Bay.  On […]

US State Department Arabic Spokesperson Resigns Over Biden’s Gaza Policy Via Middle East Eye The Arabic language spokesperson of the US State Department has resigned over Washington’s Gaza war policy, in the third senior level resignation from the department since the war began. Hala Rharrit, a Palestinian-American, posted her resignation on the LinkedIn social media site, stating: “I resigned April 2024 after 18 years of […]

IDF Shelling Hammers Rafah As Egypt Sends Top Intel Official To Avert Ground Offensive Egypt is attempting a last ditch effort to reach a ceasefire between Hamas and Israel at a moment IDF shelling of Rafah has intensified, in what are seen as ‘softening’ operations ahead of an imminent ground offensive, despite international calls to cancel the operation. The Egyptian government on Friday dispatched a high level delegation to […]

The Constitutional Abyss: Justices Signal Desire To Avoid Both Cliffs On Presidential Immunity Authored by Jonathan Turley, Below is my column in the New York Post on yesterday’s oral arguments on presidential immunity. As expected, with the exception of the three liberal justices, the Court appears to be struggling to find a more nuanced approach that would avoid the extreme positions of both parties. Rather than take a header […]

Israel’s Controversial National Security Minister Ben Gvir In Serious Car Accident There have been emerging reports Friday that Israeli Minister of National Security Itamar Ben Gvir has been hospitalized after a serious car accident. Regional media outlet The Cradle writes that “Israeli Minister of National Security Itamar Ben Gvir has been hospitalized after his car overturned in Ramla while leaving the scene of a stabbing […]

These States Are Making It Illegal For Illegal Immigrants To Enter Authored by Darlene McCormick Sanchez via The Epoch Times (emphasis ours), Conservative states across the country—Florida, Iowa, Louisiana, Tennessee, Georgia, and Oklahoma—are taking border security matters into their own hands, proposing or passing legislation targeting illegal immigration. (Illustration by The Epoch Times, Shutterstock, Getty Images) The […]

20% Of Retail Milk Samples Positive For Bird Flu: FDA Authored by Zachary Stieber via The Epoch Times (emphasis ours), One in five samples of milk from grocery store shelves tested positive for the highly pathogenic avian influenza, the U.S. Food and Drug Administration (FDA) announced late April 25. A dairy cow at a dairy farm in Ohio, on December 12, 2014. (Aaron Josefczuk/Reuters) In a brief 237-word update, the FDA said that […]

Exxon Tumbles On One-Time EPS Charges Despite Surge In Cash Flow, Buyback Boost With oil prices enjoying a powerful renaissance in recent months amid mounting supply concerns, declining inventory and the growing possibility that China’s economy may finally kickstart, energy giants such as Exxon and Chevron had enjoyed a similar rebound in their stock price, and in fact XOM hit a record high as recently as 2 weeks ago. Which is why […]

‘For Your Own Safety’: USC Cancels Commencement To Avoid Pro-Palestinian Protesters Citing safety concerns amid nationwide campus protests against Israel’s conduct of the war in Gaza, the University of Southern California on Thursday announced that its 2024 graduating class will not have the traditional main commencement ceremony that brings all graduates together: “With the new safety measures in place this year, the time needed […]

Retail Sales Data Suggests A Strong Consumer Or Does It Authored by Lance Roberts via RealInvestmentAdvice.com, The latest retail sales data suggests a robust consumer, leading economists to become even more optimistic about more robust economic growth this year. To wit: “It has been two years since forecasters felt this good about the economic outlook. In the latest quarterly survey by The Wall Street Journal, business and […]

JPY Plunges To Fresh 34-Year-Lows After BoJ Does Nothing… Again Having already lost more than 10% of its value versus the US dollar this year, the yen plunged further overnight after Bank of Japan Governor Kazuo Ueda indicated monetary policy will stay easy as he kept rates unchanged and showed little to no support for the embattled currency during the press conference. While investors had not expected the BoJ to change its […]

Yuan Devaluation Fever Heats Up As China Stockpiles Metals Authored by Simon White, Bloomberg macro strategist, Gold trading in China has exploded and stocks of copper have risen sharply prompting speculation that policymakers are on the brink of a yuan devaluation. Even though it’s still a tail-risk, it’s one requiring greater vigilance as the economy becomes increasingly deflationary, redoubling capital outflow pressures. […]

George Soros Paying Student Agitators To Whip Up Anti-Israel Protests George Soros and his far-left movement is paying student agitators to co-opt and amplify anti-Israel protests at colleges across the country, the NY Post reports. The protests, which began at Columbia University, have expanded nationwide – with copycat tent cities erected at colleges including Harvard, Yale, Berkeley in California, the Ohio State University and […]

UMich Inflation Expectations Accelerated In April To 2024 Highs Short-term inflation expectations rose… again… according to the latest UMich sentiment survey with 1-year expectations at 3.2% final, up from preliminary 3.1% for April, and 2.9% for March. This is the highest level since Nov 2023… Source: Bloomberg The headline sentiment also declined in April from three-year-highs. Consumers’ perceptions of their current […]

Why Are There So Many Americans That Can’t Find A Job Even Though They Are Desperate To Be Hired? Authored by Michael Snyder via The Economic Collapse blog, According to the absurd numbers that the government feeds us, the unemployment rate is very low and there are lots of jobs available.  But if what they are telling us is true, why are so many Americans not able to find work?  As you will see below, some people haven’t […]

Anglo American Rejects BHP’s Takeover Deal, Calls It “Highly Unattractive”  The world’s largest global diversified miner, BHP, is being forced to significantly raise its buyout offer of Anglo American or walk away from the proposed all-share deal valued at £31.1 billion ($38.9 billion).  “The BHP proposal is opportunistic and fails to value Anglo American’s prospects, while significantly diluting the relative value upside […]

Watch: Drag Queen Makes Tiny Kids Chant “Free Palestine” Authored by Steve Watson via Modernity.news, Video has emerged of a drag queen leading children barely older than toddler age in chanting “Free Palestine” during a so called “Queer Storytime for Palestine” event in Massachusetts. The event, featuring a drag queen going by the name of ‘Lil Miss Hot Mess’, took place earlier this month at the Northampton Center […]

Ukrainian Drone Strikes Target Russian Oil Refineries Again Despite White House Pleas Just days after the Biden administration signed a new military aid package worth billions of dollars to Ukraine, Kyiv launched a series of suicide drone attacks on Russian oil refineries. Biden’s top officials have pleaded with Kyiv to stop attacks on Russia’s energy infrastructure because of the fears that turmoil in crude markets would send […]