FDA Refuses To Review Moderna’s Application For Experimental Flu Shot Authored by Troy Myers via The Epoch Times, The Food and Drug Administration (FDA) is refusing to review Moderna’s experimental flu shot, the company announced Tuesday. Already submitted and accepted for review in the European Union, Canada, and Australia, the experimental shot’s application being denied by the FDA is another sign of President Donald […]

Real Estate Services Stocks Crash In Latest “AI Scare Trade” FIrst it was SaaS (in particular, and Software in general), then Private Credit, then Insurance Brokers, then it was financials/brokers that were hammered yesterday… and today’s it’s the turn of real estate service stocks to tumble as investors followed the bouncing AI disruption ball and freaked out over the sector’s vulnerability to the newest crop of artificial […]

Apple Slides On Report Latest Attempt To Re-Launch Siri Runs Into “Snags” Apple is sliding on a Bloomberg report that its long-planned upgrade to the Siri virtual assistant has run into new snags during testing in recent weeks, potentially pushing back the release of several highly anticipated functions. After planning to include the new capabilities in iOS 26.4, an OS update slated for March, Apple is now working to spread them […]

Public Trust In US Government Nears Historic Lows The United States has fallen to its lowest-ever rank in Transparency International’s Corruption Perception Index (CPI), a leading global index that measures perception of corruption in the public sector among independent experts and business people. In 2025, the U.S. fell down one spot to 29th place (out of 182) with a score of 64/100 on a 0 to 100 scale, where 0 means highly […]

Hours-Long Netanyahu Meeting Concludes Away From Cameras, Trump Committed To Iran Talks Update(1443ET): President Trump met with Netanyahu for a reported 3-hours at the White on Wednesday, away from the cameras and with no press briefings either before or after. Trump later indicated that nothing definitive was reached on the Iran matter other than “I insisted that negotiations with Iran continue.” “If it can, I let the Prime […]

‘No Privacy’ CBDCs Will Come, Warns Billionaire Ray Dalio Authored by Martin Young via CoinTelegraph.com, American billionaire and hedge fund manager Ray Dalio has warned that central bank digital currencies (CBDCs) are coming, offering benefits but also potentially allowing governments to exert more control over people’s finances. “I think it will be done,” said Dalio on CBDCs in a wide-ranging interview on the Tucker […]

State Department Hones In On Left-Wing NGOs As Vectors Of Chinese Influence Operations It appears the Trump administration is finally getting serious about dark money-funded NGOs that are sowing chaos on America’s city streets, with apparent links to foreign influence operations. More alarmingly, these same nonprofits appear to sit at the center of the protest industrial complex and are actively amplified and promoted by prominent […]

Elon Musk Vows To Establish A Moon City Within 10 Years Authored by Steve Watson via Modernity.news, Elon Musk and SpaceX are charting a bold new course for American space dominance, prioritizing a thriving city on the Moon to shield civilization from earthly perils like natural disasters or geopolitical chaos.  With frequent launches and rapid iteration cycles, the Moon offers a practical launchpad for multi-planetary life, […]

Democratic Governors Threaten Boycott Of White House Gathering Authored by Savannah Hulsey Pointer via The Epoch Times, Democratic governors are threatening to boycott an anticipated meeting at the White House amid news that the administration was not inviting at least some of their party’s governors. In a Feb. 10 letter, a group of 18 Democratic governors said: “If the reports are true that not all governors are invited […]

Dreadful 10Y Auction Sees Biggest Tail Since 2024, Foreign Demand Slides After yesterday’s mediocre 3Y auction (which saw a drop in foreign demand offset by record direct bid), moments ago the Treasury concluded the sale of 10Y benchmark paper, and despite a cheerful preview by the Bloomberg MLIV team (which appears to be wrong every time it tries to handicap the outcome), today’s auction was absolutely dreadful. Starting at the […]

Mama’s Boy? Sam Bankman-Fried, Represented By His Mother, Files For New Trial In FTX Implosion Case Sam Bankman-Fried has renewed his effort to overturn his FTX fraud conviction, filing a request for a new trial in federal court through a motion submitted by his mother in New York, according to Coindesk and Yahoo News.  The former crypto exchange chief, now serving a 25-year prison sentence, argues that recently uncovered evidence […]

The Trump Admin Just Won The Mask Decision… Now It Should Appeal Authored by Jonathan Turley, California Gov. Gavin Newsom has become increasingly Orwellian in his declarations of success. Last week, Newsom was proclaiming the great success of his high-speed train to nowhere – a project delayed by decades, reduced to a fraction of the original plan, and set to cost tens of billions over budget. This week, he is proclaiming […]

Russia Will Stick To Nuclear Arms Limits If US Does The Same One of the globe’s biggest developing stories this month, but which has been largely underreported in mainstream TV networks and other press, is the collapse of New START – the last major nuclear arms control treaty between Russia and the United States. Russian Foreign Minister Sergei Lavrov said Wednesday that Moscow will in good faith stick to the nuclear limits […]

Data Centers Are A Repeat Of History In PA’s Coal Region Authored by Jake Wynn via RealClearPennsylvania, By the 1920s, Pennsylvania’s anthracite coal region was already living with the consequences of decisions made far from its towns and patch villages. The industry that had built the coal towns and cities of eastern Pennsylvania was no longer organized around mineworkers or the communities they lived in, but around efficiency, […]

Duffy: FAA And Military “Acted Swiftly” To Combat “Cartel Drone Incursion” On US Border Update (0950ET): Transportation Secretary Sean Duffy confirmed on X that the Federal Aviation Administration and the Department of War “acted swiftly to address a cartel drone incursion” at or near the border town of El Paso. “The threat has been neutralized, and there is no danger to commercial travel in the region. The restrictions have been […]

Somali Fraud: Three Key Takeaways From Tuesday’s Senate Hearing Authored by Janice Hisle via The Epoch Times (emphasis ours), The magnitude of Minnesota’s Somali welfare-fraud problem has only begun to surface – and it is tied to other fraud in ways that many Americans do not realize, according to statements made during a Feb. 10 Senate hearing in Washington. Sen. John Cornyn speaks on Capitol Hill on Oct. 14, 2020. Susan […]

Historic Negative Jobs Revisions: 1 Million Fewer Jobs Added In 2025, Only 15,000 Avg Jobs Monthly Ahead of today’s jobs report, we warned that (another) massive negative revision was coming to the US labor market, predicting it would be “1 million plus.” We were right. Recall that alongside today’s jobs report, the BLS would release its annual benchmark revision to the establishment survey and a methodological update to the […]

Trump Holds Off On Option To Seize Iranian Tankers, Fearing Sharp Oil Rise Another big piece of leverage that Washington is holding over Tehran is the potential seizure of Iranian oil tankers. The US intercepting and boarding tankers on the high seas has been a trend related to Venezuela of late, as well as Russia’s so-called dark fleet, ratcheting tensions with Moscow. But President Trump is said to be holding off for now when it […]

US Unexpectedly Adds 130K Jobs In January, Most Since 2024, Amid Massive Negative Revisions Ahead of today’s jobs report, the Trump admin unleashed a full court press to warn markets about what was expected to be a very weak numbers, with Peter Navarro saying “we have to revise our expectations down significantly for what a monthly job number should look like” and Kevin Hassett told CNBC on Monday to “expect slightly smaller job […]

CBO Director Warns US Fiscal Path Is ‘Not Sustainable’ ; Projects Additional $1.4T Deficit Swell Under Trump Agenda The Congressional Budget Office raised its 10-year deficit estimate by $1.4 trillion, citing Trump’s 2025 reconciliation act, higher tariffs and lower immigration. Annual deficits are projected to remain historically large, totaling $23.1 trillion from 2026 to 2035 and reaching 6.7% of GDP by 2036. The 2025 tax […]

WTI Slides On Biggest Crude Build In A Year, Production Rebound; But… Oil prices continued their recent rally this morning as traders hiked its risk premium as Israeli PM Netanyahu arrived in Washington to pressure President Trump to take a hard line in talks with Iran, even as the API report overnight showed a huge rise in US inventories last week. “Oil trades firmer, with Brent back above USD 69 as Middle East tensions sustain […]

Zelensky’s Office Quashes False ‘Rumors’ Of National Election For Spring There are conflicting reports that Ukraine’s President Volodymyr Zelensky is actually planning on holding elections in a few months. It all started with this Wednesday FT headline: “Zelenskyy plans spring elections alongside referendum on peace deal after US push.” Financial Times as well as the UK Times says that Zelensky is planning to announce a spring […]

‘Our Institutional Geo-Economic Architecture’ Won’t Just Ride This Out, Rabobank Warns Authored by Michael Every via Rabobank, 24 Hours US retail sales soft, yields down, stocks up, oil up. That’s one way to look at the last 24 hours.  Or one can look at it –and the next 24 hours– more deeply. Let’s start with geopolitics, then look at AI, and try to tie it all together into a better market take than the above. As […]

Canadian School Shooter Reportedly Identified As Transgender Ten people including the shooter are dead after ⁠an ⁠assailant opened fire at a high school in western ⁠Canada in the town of Tumbler Ridge on Tuesday in one of the country’s deadliest mass casualty events in recent history.  Initial reports by local police and the Canadian media described the shooter as female. However, the authorities reluctance to release the […]

‘Across-The-Board’ Strong Jobs Report… But Take It “With A Grain Of Salt” Via Academy Securities’ Peter Tchir, There is almost nothing to nitpick about this report (though we do have some caveats). Big beat on jobs 130k vs 65k expected. Private jobs crushed it, adding 172k (yes, public sector jobs shrank). Downward revision for prior 2 reports was “only” -17k. The benchmark revisions were -862k. A big number but -825k […]