Not ‘The Onion’: Harper’s Magazine To Honor NPR CEO Katherine Maher With First Amendment Award Authored by Jonathan Turley via JonathanTurley.org, Harper’s Magazine appears to be competing with The Onion in satire this week. It is awarding its First Amendment prize to NPR CEO Katherine Maher. It is akin to awarding a Second Amendment prize to Gavin Newsom. Maher has long been the very symbol of advocacy journalism and bias. […]

“I Come From Your Future”: A Frenchman’s Warning To All Americans Voting Democrat France’s welfare-state promises are colliding with a bill that keeps getting bigger. Far-left radicals rioting, fiscal crisis, and political uncertainty are exposing the upper limits of a system built on handouts, heavy taxation, uncontrolled borrowing, and mass migration.  For American voters heading into the midterms in the next several weeks, the […]

America Looks Richer Than Ever. What Happens When The Fed’s Asset Bubble Bursts? Authored by David Stockman via InternationalMan.com, It is now abundantly obvious that the FOMC and its clumsy rate-pegging and credit printing tools are not remotely fit for purpose. The real impact is dramatically displayed in the graph below. It shows that after 1987 the growth rate of household assets relative to earned income (i.e. excluding […]

Pizza Losing Value War As Cash-Strapped “Proteinmaxxing” Consumers Flock To Chicken Domino’s Pizza shares fell 3% in the early US cash session after the quick-service restaurant chain reported weaker-than-expected same-store sales growth in the US and internationally, despite earnings and revenue that beat Bloomberg Consensus estimates. US same-store sales rose .3%, below the .72% Bloomberg Consensus estimate. International […]

Useless Without Transmission: DOE Backs $581 Million TVA Grid Expansion On the same day we asked how much of the grid’s bill is really AI’s, the Department of Energy offered a partial answer. @TVAnews and @ENERGY are supporting readily-available, affordable energy that powers Tennessee and the nation. @POTUS is lowering costs for over 2 million families and businesses while bringing new innovation and employment to the […]

Dowd: “Investment Bubbles Are A Feature Of Capitalism, Not A Bug” Authored by Ed Dowd via Ed Dowd’s Beyond The Narrative Substack, On Friday October 9th Bloomberg published an article titled “Jeffries’ Chris Wood Sees ‘Massive Capital Destruction’ in AI.” His view is that the most likely long-term outcome of the AI boom is massive capital destruction in the US, with market share shifting to cheaper open-source Chinese models. Wood […]

Bank Of America Tumbles After Trading Miss Across The Board Last night we said Bank of America would use its brand new and “unexpected” $1.2 billion (non tax-deductible) money-laundering penalty as cover for an ugly quarter. This morning it tried to do just that. Just hours after Treasury fined the bank more than $1.21 billion for willfully failing to report over $5 billion in suspicious transactions (and for having “prioritized […]

ZeroHedge Debate: Sankey Predicts 2028 Oil Futures Will Feel The Pain Soon The damage inflicted on global energy infrastructure during the Iran war could have consequences lasting well beyond the conflict itself, according to veteran energy analysts Paul Sankey and Arjun Murti, who joined Erik Townsend for last night’s ZeroHedge Debate. An oil tanker unloads crude oil at a crude oil terminal in Zhoushan, Zhejiang province, China […]

CVS To Pay $315 Million Over Claims It Filled Unlawful Opioid Prescriptions Authored by Kimberly Hayek via The Epoch Times, CVS Pharmacy Inc. and related entities agreed Tuesday to pay $315 million to resolve Justice Department allegations that the company illegally filled opioid and other controlled-substance prescriptions and billed many of them to Medicare and other federal health programs. The sum settles claims that the […]

Former Gang Leader Sentenced To 40 Years To Life In Tupac Shakur Murder Authored by Savannah Hulsey Pointer via The Epoch Times, A former gang leader was sentenced to 40 years to life in prison on Tuesday for his part in the 1996 death of rapper Tupac Shakur. Duane “Keffe D” Davis, 63, faced the potential of life without the possibility of parole after he was convicted of orchestrating the drive-by shooting that killed the […]

Trump Touts Taiwan-Alaska LNG Deal Offering Decades Of Conflict-Free Supply Beyond Hormuz The Gulf area conflict is rewiring global energy supply chains, with Taiwan turning to Alaska for long-term, conflict-free liquefied natural gas supplies.  President Trump touted the latest development on Truth Social, saying Taiwan had agreed to purchase 30% of a planned Alaska LNG project’s output for two decades and invest an additional […]

Hillary Clinton Launches Political Podcast Ahead Of Midterm Elections Authored by AG News Staff via American Greatness, Former Secretary of State Hillary Clinton is returning to the political spotlight with a new podcast alongside former CNN host Kara Swisher, just weeks before the November midterm elections. Clinton, the Democrats’ unsuccessful 2016 presidential nominee, announced Tuesday that she will co-host “High Stakes,” a […]

Can Lasers Beat Drone Swarms? The Pentagon Is About To Find Out Authored by Alex Kimani via OilPrice, The enormous expansion of drone warfare is forcing militaries to reconsider how much ammunition they can afford to fire at relatively cheap targets. The Pentagon is betting that some of that ammunition can be replaced with electricity, selecting four directed-energy systems for operational testing at five U.S. military bases. […]

Royal Found Passed Out After Cocaine Binge As Toddler Wanders Toward Traffic A member of one of the world’s wealthiest royal families was found passed out on a busy London street after a cocaine binge while a barefoot toddler wandered dangerously close to traffic, a British court has heard. Mahrah Al Nahyan at Southwark Crown Court, where she admitted a count of child neglect (The Times)Mahrah Al Nahyan, 32, a member of Abu Dhabi’s […]

‘Malicious Intent’: OpenAI CFO Warns Companies Against ‘Cheap Chinese AI Models’ Due To Safety Risks And there it is…  OpenAI Chief Financial Officer Sarah Friar warned businesses on Wednesday that adopting low-cost Chinese artificial intelligence models carries material cybersecurity risks, telling Bloomberg that firms should prioritize Western models “on the cyber front.” “We think you want to be on more Western models, […]

Two Emirati Ships Sink In Hormuz In Under 24 Hours As IRGC Claims 5-6 Vessels Targeted Nightly Update(1240ET): While dozens of ships have come under attack by Iran in the Hormuz Strait and nearby areas since the war began, resulting in damage and fires aboard vessels, it remains much more rare for a tanker to sink at a total loss. However, the WSJ has confirmed Wednesday that two have completely sunk in the last 24 hours, the first […]

Judge Extends Order Allowing News Agencies White House Access Authored by Stacy Robinson via The Epoch Times, A federal judge has extended his order forbidding President Donald Trump from excluding certain media outlets from accessing the White House. U.S. District Judge Timothy Kelly issued a memorandum opinion on Oct. 13 granting a preliminary injunction sought by CNN, MS NOW, and Politico to maintain the block on the […]

Ukraine Attacks Two More Refineries After Trump’s Proclaimed ‘Energy Ceasefire’: Kremlin The Kremlin on Wednesday indicated that work on the Trump-proposed energy truce with Ukraine is continuing, but in contradiction with recent Trump proclamations did not treat it as any kind of done deal currently in effect. President Trump in a late in the day Monday exchange with reporters said that Ukrainian President Volodymyr Zelensky and […]

“Flashing Red”: Rate-Hike Odds, Bond Yields Explode Higher After Hotter-Than-Expected CPI Tl;dr: “This inflation report is flashing red for the Fed,” according to Olu Sonola, Head of US Economics at Fitch Ratings. “Energy pushed the headline number higher, as expected, but the real problem is that core inflation remains stuck above 3%. Higher energy costs are beginning to seep into broader services prices, increasing the risk that […]

Cornell Bans Fraternity Parties Amid Gang Rape Allegations Authored by Jackson Richman via The Epoch Times, Cornell University has banned parties at fraternity houses for the rest of the academic year amid a reopened investigation into an alleged rape on campus two years ago. In an Oct. 13 statement, the university’s president, Michael Kotlikoff, said “all parties and social events in Interfraternity Council (IFC) houses at […]

Netflix Makes Biggest Workforce Cut Since 2022 Following our reporting earlier this week that Netflix was preparing its first major workforce reduction since 2022, The Wall Street Journal reported Wednesday morning, right before the US cash session, that the company is cutting 6% of its staff, or roughly 1,000 positions. WSJ obtained an email that Co-CEOs Greg Peters and Ted Sarandos sent to employees earlier this morning, […]

Nation’s Largest Power Grid Declares Emergency As Hot Temps Collide With Maintenance Shutdowns A short-lived heat blast across the Midwest and Mid-Atlantic overlaps with scheduled power plant shutdowns for seasonal maintenance on PJM Interconnection’s grid, which serves 67 million people from the Mid-Atlantic to Chicago. PJM was forced to declare a low-level emergency for Tuesday and Wednesday as 60 gigawatts of capacity remained […]

Houthi Missile On Riyadh Wounds Residents, As IMF Chief Warns Of Spillover ‘For Everybody, Everywhere’ Wednesday has witnessed another Houthi ballistic missile attack targeting Saudi Arabia’s capital. The kingdom’s civil defense spokesman has confirmed bystanders were injured when missile debris from an inbound rocket fell after it was intercepted over Riyadh. “The incident resulted in injury to an Arab resident and limited […]

Bill Gates Fearmongers “Grim” AI Cyberattack Surprises Authored by Steve Watson via Modernity.news, Bill Gates returned to the Sunday-show circuit this week with a fresh round of alarms about artificial intelligence, telling CNN’s Jake Tapper that the technology is “more dangerous than any” cars, planes, or drugs and that “grim possibilities” await if society fails to maintain control. Speaking on State of the Union, the […]

$20 Billion In Suspicious Biden-Era Climate Grants Remains Frozen As Trump Administration Eyes Supreme Court Fight Authored by AG News Staff via American Greatness, A $20 billion Biden-era climate grant program remains frozen despite a federal appeals court ruling against the Trump administration’s efforts to cancel the funding. The case could wind up at the Supreme Court in a showdown over taxpayer spending and executive […]