Supreme Court Allows Trump Admin To Remove Deportation Protections For Syrians & Haitians Authored by Sam Dorman via The Epoch Times, The Supreme Court has allowed the Department of Homeland Security’s (DHS’s) attempt to remove deportation protections for nationals of Haiti and Syria. In a 6–3 decision on June 25, a majority of the court said federal law barred judicial review of non-constitutional arguments against […]

75% Of US GDP Growth In The First Quarter Was Due To AI On the surface, today’s final revision (aka 3rd estimate) of the US Q1 GDP print was unremarkable: Real GDP grew 2.1% annualized in the first quarter, a reversal of last month’s downward revision of 1.6%, but back to where the original print was when it was reported in April, when the BEA reported 2.0% growth.  The print reflected a downward revision to imports, which are a […]

Iran Still Eyes Multi-Billion Dollar Hormuz Toll Scheme, With China’s Help, As Rubio Says Gulf Allies Won’t Let It Happen Update(11:05ET): Despite Rubio’s warning while meeting with GCC allies in Bahrain, Iran is planning to move forward on charging hefty fees for vessels wishing to transit the Strait of Hormuz under its protocol, which is to be enforced by the IRGC. What’s more is that it’s seeking Beijing’s approval and help. […]

Bayer Stock Soars After Supreme Court Guts Core Legal Theory Behind 1000s Of Roundup Cases Bayer AG shares soared in Frankfurt on Thursday morning after the Supreme Court sided with the German pharmaceutical and life sciences giant in a major Roundup ruling expected to block thousands of lawsuits alleging it failed to warn consumers that the weedkiller could cause cancer. Bloomberg reported that the Supreme Court voted 7 – 2 to […]

Bitcoin Tumbles As Strategy Slammed, Faces Massive $10 Billion Option Expiry Moments after the cash market opened, bitcoin plunged almost $3,000 in a matter of seconds to $58,000, on no news, sending the price to the lowest level since Sept 2024.  This was a strange move for bitcoin because while stocks do tend to move rapidly at cash open as that’s when options restart trading (as we have noted, in recent months most investors […]

Trump Says US “Ready To Help” After Twin Quakes Level Apartment Towers In Venezuela, USGS Warns Death Toll Could Hit 100K Summary Buildings collapsed in several districts of Caracas Venezuela declared a state of emergency after the earthquakes  Secretary of State Marco Rubio Deploys First Responders  Trump Says “U.S.A. stands ready, willing, and able to help”  USGS Says Quakes May Prompt “International Response”  USGS […]

A Golden Opportunity Just Appeared Authored by Matt Badiali via DailyReckoning.com, The headlines are screaming that gold is falling. And it’s true. The price dipped below $4,000 per ounce for the first time since November 2025. This seems backward. There are multiple wars going on in the world. Fuel prices are high. Gold is supposed to be the “safe haven” asset. Why isn’t it going up? Well, as analysts from LPL […]

Apple Price Shock: Macs And iPads Jump $200 Or More As Memory Crisis Worsens Readers were warned as early as late January to front-run the coming memory shortage by purchasing their favorite electronics, whether PCs, laptops, TVs, smartphones, or anything else dependent on high-end memory chips, as unprecedented data-center demand was already beginning to emerge. Fast forward nearly five months, and just two weeks after Apple CEO […]

Afghan Asylum Seeker Sentenced For Raping Goats And 6-Month-Old Lamb Via Remix News, A 19-year-old Afghan man, Massoud S., was tried Monday at the Aix-en-Provence court for sexual assault against six goats, one of which died, and a 6-month-old lamb at an educational farm. He has been convicted and sentenced to 30 months in prison and a ban from French territory. Afghan migrant Massoud S. was initially charged with “serious […]

Trump Requests $88 Billion Supplemental Funding Package Focused On Iran War Funds, Farm Aid, And Ebola Response President Donald Trump formally asked Congress on Wednesday for $87.6 billion in supplemental appropriations – your tax dollars (for our American readers) – to cover urgent needs stemming from the U.S. military campaign against Iran, provide economic relief to American farmers, and respond to the Ebola outbreak in Central […]

Continuing Jobless Claims At 3-Month-Highs, Initial Claims Tumble Back To 2021 Levels The number of Americans filing for unemployment benefits for the first time fell last week to 215k (after hitting four month highs last week), well below the 225k expectations and back to the same levels it was at in 2021… New Jersey and Oregon saw the biggest WoW rise in initial jobless claims while Minnesota and Pennsylvania saw the biggest […]

Services Costs Drag Fed’s Favorite Inflation Signal To 3-Year Highs, Savings Rate Holds Near Lows After accelerating in March and April, The Fed’s favorite inflation indicator – Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) – was expected to rise once again in May. And it did with the crucial inflation signal up 0.3% MoM (as expected) and up 3.4% YoY (as expected) […]

Futures Jump As Micron Revives AI Euphoria, Oil Erases War Gains Global stocks and S&P futures are higher while Nasdaq futures are on a tear after Micron’s sales forecast blew the lights out, brushing aside fears over a near-term pullback in the AI trade, while Qualcomm set aggressive targets at its investor day in New York. As of 8:00am ET, a revival of the AI demand theme is sending contracts on the Nasdaq 100 up 2.1% […]

Another OPEC Exit? Iraq Warns It Could Abandon Oil Cartel If Quota Hike Rejected Iraq is sending a warning shot to OPEC: raise Baghdad’s oil production quota to better reflect its capacity and fiscal needs, or risk yet another defection from the oil-producing cartel. “The ministry currently has no intention of withdrawing from OPEC, and we remain committed to operating within the organization’s framework and mechanisms,” Oil […]

The AI Race Will Be Won Or Lost On Power Infrastructure By Amanda Simonian, chief marketing officer at TerraFlow Energy, first published in UtilityDive Over the past several months, moving between conversations on Capitol Hill, industry conferences, and meetings with operators, developers and policymakers, I have been struck by how often very different discussions keep circling back to the same underlying concern: power. In […]

Heat Dome Sends European Power Prices Soaring An intense heat wave continues to bake France and parts of Europe, with temperatures surging well above the 30-year average for this time of year. Welcome to summer.  They think we are stupid, that our memories cannot stretch back to when life was normal, and when our lives were not based on fear… Summer, it gets hot, Winter it gets cold… It’s NORMAL. https://t.co/hYHvZ3dI2w — […]

Chinese Humanoids Take On Penalty Challenge As Messi, Ronaldo Light Up FIFA World Cup Authored by Jijo Malayil via Interesting Engineering, As the World Cup fever grows around stars like Messi and Ronaldo, Shanghai hosts a unique penalty shootout featuring humanoid robots. Humanoid robots are stepping up for a penalty shootout.Boston Dynamics/YouTube At MWC Shanghai 2026, humanoid robots are stepping up to the spot in the Humanoid […]

European Rearmament Efforts Snuffed By Chinese Control Of Critical Materials Yesterday we reported that, in a tit-for-tat move, China announced it is targeting US rare earths firms in response to a Pentagon list of Chinese firms: this, as Rabobank noted, is largely a symbolic move, but it still underlines the tensions in this area. So does the Nikkei reporting that ‘China minerals control threatens EU rearmament, as bloc seeks […]

EU Commissioner Claims That Ukraine Is Gaining The Upper Hand On The Battlefield, In the Air, And At Sea Via Remix News, Ukraine is gaining the upper hand on the battlefield, in the air and at sea, while Ukrainian drones have stopped Russia’s ground advance and are causing serious disruptions to Russian logistics, EU Commissioner for Defense and Space Policy Andrius Kubilius said on Tuesday in Brussels. In his speech launching […]

India’s Imports Of Russian Oil Set For New Record High India is set to import a record-high volume of Russian crude in June as the Hormuz crisis and the U.S. waivers on Russia’s barrels have pushed the world’s third-largest crude importer to gorge on Moscow’s oil again, OilPrice reported. India has imported 2.6 million barrels per day (bpd) of Russian crude oil so far in June, according to preliminary vessel-tracking data […]

London’s West End To Be Blanketed With AI Facial Recognition Cameras Authored by Steve Watson via Modernity News, In the latest dystopian lunge toward a total surveillance state, the London Metropolitan Police has confirmed plans to deploy static live facial recognition cameras in the West End, including Soho and areas around major theatres and retail spots, with installation targeted for the end of this year. Six additional […]

Albanian PM Pooh-Poohs ‘Pink Flamingo’ Protesters Opposing Jared Kushner Resorts After weeks of daily protests, Albanian Prime Minister Edi Rama is digging in to defend two luxury resort projects backed by Jared Kushner’s investment company that have resulted in thousands of people protesting in the streets of the capital Tirana and on the southern coast, where one of the resorts is slated to be built.  Protesters opposed to […]

So, How’s Spain’s Mass Migrant Amnesty Working Out? Authored by Aaron Hanscom via PJMedia.com, Half a million. That’s the number that made headlines in April when Spanish Prime Minister Pedro Sánchez’s Socialist government approved plans to grant legal status to 500,000 illegal migrants. But a leaked police report warned that the true number could be much higher, estimating that between 750,000 and 1 million illegal migrants […]

National Insecurity: America’s Continuing Reliance On Critical Chinese Materials Authored by Benjamin Weingarten via RealClearWire, At the onset of the COVID-19 pandemic in 2020 – with face masks, gloves, and other basic protections in high demand – Chinese leaders threatened to plunge America into the “mighty sea of coronavirus” by withholding essential medical supplies in retaliation for measures such as the U.S. travel ban on […]

Troubling Pattern Of Left-Wing Revolutionaries Targeting “Capitalists” Raises Alarm Over Youth Radicalization A troubling pattern appears to be emerging. In a recent foiled terror plot targeting UFC Freedom 250 at the White House, authorities said the suspect of an underground network, led by an illegal alien ringleader, planned to use suicide drones and a sniper team against “capitalist elites.” Separately, Rebel News described […]