Houthis Target More Saudi Airports, Aramco Sites As US Issues Urgent Alert For 12 Mideast States Embassies in the Middle East – and broadly the State Department – have issued warnings that the Iran and Yemen conflicts may soon escalate unpredictably, including a blanket new travel alert covering for no less than a dozen regional countries. More missiles were launched on Saudi Arabia Monday: “Yemen’s Houthis said on Monday they […]

44% Of Americans Have Trouble Paying For Basic Necessities As Lifetime Cost Of The American Dream Tops $5 Million Authored by Michael Snyder via The Economic Collapse Blog, How did we get to a point where nearly half of the entire population is struggling to even pay for the most basic necessities? A lot of people talk about “economic collapse” as something that will occur someday in the future. The truth is that “economic […]

Trump Admin, US Businesses ‘Need To Be Wary’ Of AI Espionage, Intelligence Chief Warns Authored by Timothy Frudd via The Epoch Times, Director of National Intelligence Jay Clayton warned that both the Trump administration and American companies “need to be wary” of foreign espionage with the rise of artificial intelligence (AI), which the government now refers to as super intelligence. Clayton, who leads the Trump […]

Geothermal Just Undercut Solar-Plus-Storage In Sunny Nevada Geothermal has long been the clean, firm power source that was always a few breakthroughs away from being cheap enough to matter. Numbers buried in a Nevada utility filing suggest that day may have arrived. Joel Edwards, co-founder and CTO of geothermal developer Zanskar, put it bluntly earlier this month: “to all the geothermal believers out there, the flippening has […]

AI CapEx And Earnings: What Happens When Growth Slows Authored by Lance Roberts via RealInvestmentAdvice.com, AI capex and earnings are now so tightly tied that spending doesn’t have to fall to hurt profits. It only has to stop accelerating. Almost half of the S&P 500’s earnings growth this year traces back to one activity: companies buying chips, servers, power gear, and concrete to build artificial intelligence. That’s the […]

Kylie Jenner Sparks Backlash Over $50 Million Bra At Victoria’s Secret Fashion Show Kylie Jenner is facing backlash from fans after making her Victoria’s Secret Fashion Show debut in a staggering $50 million diamond-encrusted bra as furious viewers accused the lingerie giant of snubbing veteran supermodels in favor of the reality television star. Getty ImagesThe 29-year-old beauty mogul stunned audiences Sunday night when she […]

House Panel Warns Singham-Linked Nonprofits Of Possible Depositions Over Subpoenas Authored by Arthur Zhang via The Epoch Times, Three U.S. tax-exempt organizations linked to Shanghai-based businessman Neville Roy Singham have until Oct. 20 to comply with congressional subpoenas or face further action, including possible depositions of 21 officials and staff members, as lawmakers investigate alleged Chinese Communist Party (CCP) […]

Uber Warns Proposed DC Rules Could Spark Driver Exodus And Fare Spike More regulation means higher prices for consumers, and Washington, DC’s newly proposed rideshare regulations could soon do just that. Axios reports that Uber warns proposed DC regulations could push fares up another 10% in the first year. With rides already expensive, that increase would make the ride-hailing service even more unaffordable for lower-income […]

France Slaps 8PM Curfews On Cities As Interior Minister Admits Police ‘Lost Control’; Macron Flees To The Gulf France moved Monday to put riot-hit cities under curfew after Interior Minister Laurent Nuñez admitted that authorities had lost control of the streets in several major cities over the weekend. President Emmanuel Macron refused Nuñez’s offer to resign and then left for a Gulf tour to secure fuel supplies. Protesters […]

Musk Pledges A SpaceX Share To “Every Kid In America” After Anthropic Unveils Murky Public Benefit Fund Elon Musk said Monday that he will give one of his SpaceX shares to every child in the United States next year. “Next year, I will give one of my SpaceX shares to every kid in America,” he wrote in an Oct. 19 post on X, adding, “This will be the first of many,” the Epoch Times reported. Next year, I will give one of my SpaceX […]

Secret Service Deputy Director Quits Amid Questions Over Ties To Drone-Defense Maker Fortem Authored by Susan Crabtree via RealClearPolitics, Deputy Director Matt Quinn announced his resignation from the Secret Service in an internal agency email Friday amid questions about his conflicts of interest over the agency’s counter-drone technology. Quinn served 23 years as a Secret Service agent before retiring in 2021. He then went […]

Communism, Berlin Edition: Adler Bonds Crash To Record Low As Left Coalition Plans To Socialize 152,000 Apartments Five years after Berliners voted to expropriate their landlords, the German capital finally has a government willing to do it. On Saturday, Die Linke, the Greens and the SPD presented the 30-page exploratory paper that will underpin their coalition agreement for the next Berlin Senate, and buried among the usual […]

Marc Elias’ Legal Team Threatens Media With Lawsuit For Questioning Roy Cooper’s Health Authored by Jonathan Turley via Jonathan Turley, Marc Elias has long been at the center of controversial election tactics, including criminal investigations. If lawyers had to take an oath to first do no harm, the court-sanctioned Democratic lawyer would leave Hippocrates gobsmacked. Well, Elias is back and his legal team is threatening the […]

China’s iPhone Flippers Face Losses Before Apple’s Foldable Even Launches Apple’s first foldable iPhone, the Duo, launches in mainland China and the United States this Friday, following an October 16 preorder opening. Yet days before the first handsets even ship, Chinese speculators who lined up to flip launch-day units are already watching their expected profits evaporate. apple.comBecause the phones have not been delivered yet, […]

This Is Perhaps The Most Dystopian Thing Ever… Authored by Steve Watson via Modernity.news, France’s streets burned, shops were looted and stripped bare and a historic town hall collapsed under arson. Yet the most striking images from Saturday night were not the fires. They were the people who carried on as if nothing was happening. One woman jogged straight through thick black smoke past a burning barricade, treating the […]

Trump Dangles $100 Million Kentucky Pharma Investment, But Only If Republicans Win Midterms Authored by Travis Gillmore via The Epoch Times, President Donald Trump announced plans for the Department of War to invest $100 million to support a pharmaceutical company, with the offer conditional on Republicans winning the midterm elections next month. President Donald Trump takes the stage at the Truist Arena on the campus of North […]

Putin’s Hometown: Biggest Ukrainian Attack On St. Petersburg Since War’s Start St. Petersburg, Russia’s second-largest city, came under heavy drone attack early Sunday – resulting in huge fires over what is also the second most important civic center after Moscow. An oil depot and oil export facility suffered direct hits, despite President Trump multiple times making it known that he’s vehemently opposed to such attacks, given the […]

Saudi Arabia Cancels In-Person ‘Davos In The Desert’ Event Amid Houthi Attacks Update(11:13ET): Saudi Arabia, having come under nearly daily ballistic missile attacks from the Houthis in Yemen, will not hold its ‘Davos in the Desert’ flagship investor conference in-person next week. Instead it looks to merely be an online event.  “Saudi Arabia’s Future Investment Initiative, a marquee showcase for foreign investment, was to […]

Cook Case Tests The Limits Of Fed Independence Authored by Alexander W. Salter via The Daily Economy, President Trump has renewed his effort to remove Lisa Cook from the Federal Reserve Board. Whether he has a legitimate reason to fire her is another matter. The White House announced a three-person “committee of inquiry” to investigate whether Cook made false statements on mortgage applications, and whether that is sufficient […]

Zelensky Knows Peace Deal Would End Him, Lavrov Says Russia’s Foreign Minister Sergey Lavrov is currently in the Gulf region. On Sunday he visited Bahrain, which was hit frequently by Iranian drone and missile attacks earlier in the US-Iran war. On Monday, the top Russian diplomat is meeting with senior Iranian officials in Tehran, where top of the agenda is the ongoing conflict with the US as well Iran-Russia relations. This […]

US Homebuilder Confidence Crashes To 14 Year Low, Blame Mortgage Rates & Immigration American homebuilder confidence crashed to 29 in October – down from 32 in September and worse than the 31 print expected as rising mortgage rates, energy and material costs, and worsening labor and lot conditions have pushed builder sentiment to a 14-year low. All three of the major HMI indices posted losses in October. The index measuring […]

Democracy Manifest By Benjamin Picton, senior market strategist at Rabobank US stocks defied a strong lead from Europe and Asia on Friday to close broadly in the red. IT, telecommunications and the consumer discretionary sector led declines while energy, materials and consumer staples performed well. Oil prices surged following further reports of attacks on shipping in the Strait of Hormuz, with Iran claiming that two tankers […]

IRGC Again Warns Trump: If US Bombing Renewed “World Will Face Serious Energy Crisis” After President Trump previewed that he’s mulling the resumption of a major US bombing campaign of Iran for after the November midterm elections, Iranian officials are busy pushing back with their own warnings and red lines. Trump has even lately teased potential new offensive action even before the US Congressional elections. Iran’s Foreign […]

Hedge Fund CIO: “By The Time These Things Are Glaringly Obvious, It’s Too Late, Checkmate” By Eric Peters, CIO of One River Asset Management Colosseums “Classic late cycle,” said Sparks. “Beginning of the end, that’s what’s unfolding,” said the investor, entrepreneur, iconoclast. “At the end, everything converges to financial flows.” In every huge cycle, the last stage is Ponzi-like. “Who’s going to buy the […]

Bolsonaro, Lula Tied In Latest Poll As Brazil’s Runoff Election Countdown Enters Final Week Brazil’s right-wing Senator Flávio Bolsonaro and socialist President Luiz Inácio Lula da Silva traded barbs in their first presidential debate on Sunday night. The latest polling data show Bolsonaro’s lead over Lula has narrowed ahead of this weekend’s runoff election. 🚨 JUST IN: In a stunning moment, socialist Brazil President Lula […]