Big Tech Turns To Uranium As Data Center Power Demand Soars Big Tech is considering supporting new uranium mining projects as companies need additional reliable power capacity for their huge data center expansion, according to the top executive of Canadian uranium miner NexGen Energy.      “It’s coming. You’ve seen it with automakers. These tech companies, they’re under an obligation to ensure the hundreds of billions that […]

Apple Races To Build Smart Glasses To Take On Meta AI Ray-Bans Apple learned the hard way that a $3,500 Apple Vision Pro is well out of reach for the average consumer, while the sub-$500 Meta Ray-Ban smart glasses sit in the sweet spot and have been in hot demand. Vision Pro  Vs.  Meta smart glasses Bloomberg’s Mark Gurman, citing people familiar with Apple’s product roadmap, reports that the company is accelerating […]

Wells Fargo Sees ‘YOLO’ Trade Driving $150B Into Bitcoin & Risk Assets Authored by Zoltan Vardai via CoinTelegraph.com, US tax filers may see bigger refunds in 2026 compared with previous years, a development one Wall Street strategist said may boost risk appetite for digital assets and tech stocks preferred among retail investors. In a note cited by CNBC, Wells Fargo analyst Ohsung Kwon said the coming refund wave may help […]

Trump Unveils Japan’s First Wave Of Mega US Investments: Oil, Gas, Minerals From Ohio To The Gulf Details of the much anticipated US-Japan trade mega deal have finally been revealed. First, Trump previewed in a Truth Social post on Tuesday: “Our MASSIVE Trade Deal with Japan has just launched!” He then boasted that “The scale of these projects are so large, and could not be done without one very special word, TARIFFS.” The total […]

Who Exactly Is Going To Be Earning More With AI? By Michael Every of Rabobank May The Warsh Be With You After having written about AI for two days in a row, it wasn’t the intention to do so again today. However, developments on the ground are accelerating while those responsible for dealing with the fallout are failing to understand what the immediate implications are. Two short movies were just made with AI for pennies, in […]

Watch: Macron Calls Free Speech Online ‘Pure Bullshit’ French President Emmanuel Macron on Wednesday said that the notion of free speech on social media platforms – is “pure bullshit,” because algorithmically served content can lead to hate speech (such as the right to say his elderly wife has a penis and gives him black eyes). The comments come after the US recently imposed bans on a former European official and pro-censorship […]

How Relaxed COVID-Era Rules Fueled Minnesota’s Biggest Scam Authored by Kristin Robbins via RealClearPolitics, In my testimony before the Senate last week as chair of the Minnesota House Fraud Prevention and Oversight Committee, I outlined the genesis of Minnesota’s massive fraud scandal, how it expanded under relaxed COVID-era rules, and what steps the federal government can take to help stop the theft of federal tax dollars […]

US Industrial Production Surged In January Despite slumping sentiment surveys, ‘hard’ data continues to suggest the US economy is ticking along nicely with Industrial Production surging 0.7% MoM in January (better than the +0.4% MoM expected and well up from the downward revised +0.2% MoM in December). This is the 3rd straight monthly increase in Industrial Production, lifting growth to 2.3% YoY – the best annual growth since Sept […]

Amid Slumping Sales & Sentiment, Housing Starts & Permits Jumped In December It would appear that homebuilders are desperately hoping for a ‘Field of Dreams’ year… After seeing existing home sales collapse in January (not driven by the winter storms), US Housing Starts and Building Permits rose dramatically more than expected in December (+6.2% MoM vs +1.1% exp and +4.3% MoM vs +0.4% MoM exp respectively)… […]

Under Intensifying US Pressure To Reach Deal, Zelensky Explodes: No Time “For All This S**t” Ukrainian leader Volodymyr Zelensky has increasingly made his frustrations with the Trump administration public, but he may have just crossed the line with the US President, who Zelensky admits can be tough and unbending. Zelensky has newly complained amid the latest Geneva trilateral talks that the US delegation could pressure him to make […]

Has America Reached Peak Idiocracy? Authored by Michael Snyder via The Economic Collapse blog, We live in a lowest common denominator society. For the last several decades, virtually every major institution in our society has become less civilized, and that is because our entire population has become less civilized. 20 years ago, a film entitled “Idiocracy” was released. It was about an average American that was selected […]

Core Durable Goods Orders Surge For 9th Straight Month US Durable Goods Orders dropped 1.4% MoM in preliminary December data (slightly better than the 2% decline expected) but well down from the +5.4% MoM surge in November… Source: Bloomberg The headline orders print was restrained by a decline in orders for aircraft. Boeing said it received more orders for its planes in December than a month earlier, but the data don’t […]

Oil Surges On Report Warning US-Iran War Is Far Closer Than Americans Realize Axios’ Barak Ravid, a journalist very close to the Israeli government, writes Wednesday that the Trump White House is now “closer to a major war in the Middle East than most Americans realize. It could begin very soon.” The sources he spoke to, which could be American or Israeli, say that such an operation would be a “massive” campaign at least weeks in […]

Global “Everything Rally” Pushes US Futures HIgher As “AI Disruption” Fears Fade US equity futures trade near session highs, after rising much of the overnight session amid muted volumes. Yesterday, US stocks recovered their early losses starting just after the EU close and that momentum has carried through to global markets today with what appears to be re-grossing in EU and continued momentum in the Japan trade. As of 8:15am ET, […]

New Mexico Launches Probe Into What Happened At Epstein’s ‘Zorro Ranch’ Until now, the public’s visualizations of the Jeffrey Epstein scandal have largely centered on his Caribbean Island and his seven-story New York townhouse, but a new setting is poised to take greater prominence, as the New Mexico legislature just launched a wide-ranging investigation into what took place at Epstein’s “Zorro Ranch” about 30 miles south of Santa […]

“Pressure Is Enormous”: Nestle CEO Faces Mounting Scrutiny Amid Infant Formula Crisis Nestlé SA CEO Philipp Navratil is feeling the heat after the world’s largest food company recently carried out the biggest recall in its history, pulling infant formula off supermarket shelves after a contaminated ingredient was discovered early last month. Shares have taken a beating, and scrutiny of the recall is intensifying, with […]

Package-Food Stocks Sink After “Most Downbeat” Consumer Conference, General Mills Guidance Woes A fresh reminder that the K-shaped economy remains a very big problem emerged Tuesday at the Consumer Analyst Group of New York (CAGNY) conference, where top U.S. packaged food executives struck a sour tone about persistent consumer softening and unease over elevated food prices. General Mills CEO Jeff Harmening told the audience at […]

Peru Removes President After Scandal Tied To Chinese Contractor Peru’s Congress voted on Tuesday to remove President Jose Jeri from office following a series of undisclosed late-night meetings at a Chinese restaurant with a Chinese state contractor, setting off a political scandal dubbed “Chifagate”, a reference to the country’s Chinese-Peruvian fusion cuisine. According to SCMP, lawmakers voted 75-24, with three […]

It Begins: Mamdani Plans First NYC Property Tax Hike In Decades To Plug $5 Billion Hole New York City property owners are set to ‘enjoy’ the first property tax hike in more than two decades as part of a proposed solution by Mayor Zohran Mamdani to fill a roughly $5 billion budget gap, Bloomberg reports. “He’s put a pretty extreme option on the table, which is a combination of raising property taxes and taking money from […]

Average Tax Refunds Jump By Nearly 11%, Early IRS Data Show Authored by Rob Sabo via The Epoch Times, The Internal Revenue Service is taking longer to process tax refunds than it did a year ago, but the average size of refund checks that have already been issued to taxpayers is up by nearly 11 percent from those received through the same period in 2025. Early individual taxpayer refunds are moving sluggishly because of the PATH […]

Rise Of Europe’s “War Unicorns” As Goldman Maps The Defense-Startup Ecosystem The “war unicorn” startup boom we pointed out the other week isn’t just an American story. It’s happening across the West, as defense startups built around dual-use technology could become the next hot bubble. Goldman analysts, led by Sam Burgess, told clients on Tuesday that European defense is seeing a “rise of the startups,” which could reshape an […]

German Public Broadcaster Ran Fake AI-Generated Clip Of ‘ICE Troops’ Arresting Migrant Family Via Remix News, The German public broadcaster ZDF has admitted to a significant editorial oversight after its flagship news program, Heute Journal, aired AI-generated images featuring U.S. Immigration and Customs Enforcement (ICE) agents arresting an immigrant family. After uproar on social media over the fake news segment, which […]

Kremlin Mocks European ‘Illusions’ For Wanting Own Nuclear Umbrella Currently France and Britain are in talks to potentially extend their nuclear arsenals to protect Europe as a defense ‘umbrella’ – at a moment some officials have questioned the United States commitment to leading NATO. Politico wrote in the aftermath of the Munich Security Conference, “Multiple European countries are publicly backing talks on a homegrown nuclear […]

White House Voices Strong Support For Hungary’s Orban Ahead Of Elections Via The Libertarian Institute  Secretary of State Marco Rubio voiced strong support for Hungarian Prime Minister Viktor Orbán. Orbán is seeking a fifth term as leader in the April election. “I’m going to be very blunt with you. The prime minister and the President have a very, very close personal relationship and working relationship,” Rubio said in a […]

More “Secret Investments” By Adani Family Associates Revive Market Manipulation Allegations In early 2023, as scrutiny mounted around India’s Adani Group, two close associates of the Adani family acknowledged to their bankers that they controlled billions of dollars in the conglomerate’s shares through hedge funds. The admission — found in records reviewed by OCCRP, who called them “secret investments” in a new investigative […]