More Doves Incoming: Atlanta Fed President Bostic To Retiring Feb 2026 More turnover at the Fed ahead of what can be a historic, for the US central bank, year as Trump prepares to stack the Fed with a deep bench of uber-doves.  With the “fired” Lisa Cook’s lawsuit marinating at the Supreme Court, moments ago the Atlanta Fed announced that its president Raphael Bostic would retire at the end of his current term in February. […]

JPMorgan Launches Dollar Deposit Token On Coinbase’s Base Network Authored by Adrian Zmudzinski via CoinTelegraph.com, JPMorgan Chase & Co. — the world’s biggest bank by market capitalization — has begun deploying a token representing deposits held at the bank, called JPM Coin. According to a Wednesday Bloomberg report, JPMorgan’s institutional clients now have access to the JPM Coin. The bank’s blockchain […]

OpenAI Ordered To Produce 20 Million User Conversations To NY Times OpenAI has been ordered by a federal judge to turn over 20 million anonymized ChatGPT user logs to the NY Times and other newspapers suing the chat giant over its generative AI model.  In a Nov. 7 order revealed today, New York Magistrate Judge Ona T. Wang said producing the logs in whole is appropriate – granting the plaintiffs’ motion to compel […]

Coinbase Leaves Delaware For “Greener Pastures” In Texas As Exodus Continues For more than half a century, Delaware stood as America’s corporate capital, renowned for its business-friendly laws, respected Chancery Court, and consistent legal rulings. But in recent years, leftist activist lawmakers and politicized judges have undermined that very foundation, sparking an exodus of major companies seeking stability and fairness to […]

House Set To End Historic Shutdown After Democrats Cave Members of the House of Representatives are back on Capitol Hill today for the first time in 54 days, to vote on legislation that would reopen the federal government by midnight, ending the longest shutdown in U.S. history. REUTERS/Anna Rose Layden A Path to Reopening Early Wednesday morning, around 1:30 a.m., the House Rules Committee cleared the way for lawmakers to take […]

Oil Prices Slide As OPEC Glut Fears Trump IEA’s Demand Optimism Oil prices are tumbling this morning, erasing yesterday’s gain as OPEC and IEA unveiled their latest global supply/demand outlooks… OPEC flipped estimates for global oil markets in the third quarter from a deficit to a surplus, as US production exceeded expectations while the group itself ramped up supplies. Demand: The global oil demand growth forecast for […]

UK Balks At EU Demand Of Nearly $8BN To Join European Joint Defense Fund Early this week the UK government rejected a request from the European Commission for up to €6.75 billion ($7.8 billion) to join the EU’s flagship defense program, which marks a significant setback for post-Brexit relations under Prime Minister Keir Starmer and seen as another blow to European unity in efforts to counter Russia. The European Commission […]

Futures Rise With Government Set To Reopen Within Hours US futures are higher as the US takes another step to reopen with a House vote (expected to pass early evening on Wednesday, with Trump’s approval. As of 8:15am, S&P futures are 0.4% higher with the mood buoyed by expectations of an imminent end to the government shutdown and a Fed rate cut next month. Bullish datapoints in the AI story from AMD and FoxConn/Hon Hai […]

China’s Purchases Of US Soybeans Abruptly Stops  The Trump-Xi trade agreement cooled the tit-for-tat trade war between Washington and Beijing, paving the way for a more stable phase of negotiations. Both sides have made notable concessions: China curbed exports of fentanyl precursor chemicals, and the two countries agreed to suspend reciprocal port fees. Beijing also launched a flurry of “goodwill” soybean purchases following […]

Investors Flock Back To Natural Gas As Demand Soars By Irina Slav of OilPrice From indispensable bridge fuel to dirtier than coal, natural gas has gone through a few turbulent years recently, culminating in the EU’s risky legislation that could see it left out in the cold and dark, and investors’ newfound—or newly remembered—appetite for investments in gas. In the final year of his term, President Biden imposed a […]

China’s DeepSeek Issues Rare Warning Of An Incoming AI-Fueled Jobpocalypse At the World Internet Conference in Wuzhen, DeepSeek senior researcher Chen Deli made a rare public appearance late last week, warning that artificial intelligence could wipe out most jobs within the next 10 to 20 years. For our readers, this warning sounds very familiar; we’ve been highlighting the same “jobpocalypse” scenario for years, including in our […]

$100 Million Corruption Scandal Rocks Ukraine; Zelensky Associate Flees Country Before Police Raids Via Remix News, In yet another sign of the rampant corruption in Ukraine, Ukrainian security forces raided the apartment of Timur Mindich, a businessman associated with President Volodymyr Zelensky. However, the oligarch had already left the country just hours before, likely after being tipped off by an insider. Ukraine’s […]

Will The Growth Of Stablecoins Drain Bank Deposits? Authored by Paul Kupiec via RealClearMarkets.com, The outlook for crypto finance improved dramatically with the change of administrations and the passage of the GENIUS Act. From January through the end of the “crypto summer of 2025”, outstanding $US stablecoins increased by $80 billion, to a total $280 billion in circulation. The recent surge in stablecoin issuance has […]

Trump Admin Expands Oil & Gas Drilling In Gulf Of America, Eyes Alaska Next The Department of the Interior announced on Nov. 7 two major steps to expand offshore oil and gas leasing under President Donald Trump’s One Big Beautiful Bill Act, unveiling plans for the first lease sale in the Gulf of America and another proposed auction in Alaska’s Cook Inlet. The measures are the first in a schedule of 30 offshore sales in […]

Most Germans Oppose Combustion Engine Bans And Meat Reduction Measures To Save The Planet Authored by Thomas Brooke via Remix News, A majority of Germans oppose key government climate protection proposals such as banning combustion engines, restricting meat consumption, or imposing flat-rate taxes on air travel, according to a YouGov poll conducted shortly before the 30th UN Climate Change Conference in Belém, Brazil. The […]

Believe A Dane, Not An Albanian: These Are The World’s Most Trusting Societies Trust is the social glue that binds communities, shapes institutions, and fuels economic activity. The infographic below, via Visual Capitalist’s Pallavi Rao, ranks 90 economies by the share of adults who agree that “most people can be trusted,” using nationally representative survey data from 2022, published 2024. The data for this […]

Why We Should Welcome Tommy Robinson’s Acquittal Authored by Tony Dawson via TheCritic.co.uk, Tommy Robinson (also known as Stephen Lennon) was last week acquitted of an offence contrary to schedule 7 of the Terrorism Act 2000. Robinson had been accused of breaching the criminal law after he failed to provide the PIN access code to his mobile. He had been stopped by the police on 28 July 2024 having approached the Channel […]

Turkish Prosecutors Demand ‘2,000-Year’ Prison Term For Jailed Istanbul Mayor Via The Cradle A Turkish prosecutor has demanded more than 2,000 years in prison for Istanbul’s jailed mayor, Ekrem Imamoglu, accusing him of leading a vast corruption network that allegedly defrauded the state of billions of liras, according to an indictment unveiled on Tuesday. Istanbul Chief Prosecutor Akin Gurlek said the nearly 4,000-page document […]

Vienna Teachers Warn Of Rising Radical Attitudes Among New Immigrant Students Authored by Thomas Brooke via Remix News, Viennese teachers are reporting growing challenges with students from immigrant backgrounds who are increasingly unwilling to learn German or adapt to local values, according to teachers’ union representative Thomas Krebs of the Christian Trade Unionists Group (FCG). Speaking to Heute, Krebs said many of […]

The Age Of Brazen Madness… And The Collapse Of Fear Authored by Armstrong Williams via The Epoch Times, When a 29-year-old man in Minnesota can post a TikTok video allegedly offering $45,000 for the assassination of former Florida Attorney General Pam Bondi, we can’t dismiss it as another outburst from an online extremist. It’s a symptom of something far deeper—the moral corrosion of our civic life. According to the FBI, […]

China May Have Just Cracked The Code On An Outer Space Particle Beam As if nuclear armageddon down here on Earth wasn’t enough to worry about…China could soon be readying particle beams from outer space. Particle beams — streams of high-speed atoms or subatomic particles — have long been the holy grail of space warfare. The concept sounds simple: zap an enemy satellite with a beam so intense it melts or fries the target. […]

US Troops Train For Jungle Warfare In Panama, First Time In Decades Authored by Dave DeCamp via AntiWar.com, The US War Department has begun sending conventional ground forces to Panama for training in jungle warfare for the first time in more than two decades, ABC News reported on Monday. News of the training in Panama comes amid a major US military buildup in the Caribbean and a push toward a potential war with Venezuela, a […]

Citizens On Patrol, Eh? Canadian Military To Teach 300,000 To Shoot Guns, Fly Drones, And Drive Trucks The Canadian military is hoping to recruit and train 300,000 public servants as part of a national mobilization plan, according to a directive from their defense department. Chief of Defence Staff Gen. Jennie Carignan. The plan would call for federal and provincial employees to be given a one-week training course in firearms, […]

Chinese-Owned Trailer Park Near US Stealth Bomber Base Linked To Suspicious Vancouver Activity Submitted by The Bureau’s Sam Cooper, A sprawling U.S. investigative report has placed a Richmond, B.C., couple already identified in a high-profile Chinese-diaspora repression case at the center of an even more explosive national-security controversy south of the border: they are linked to a web of shell companies that own a trailer park […]

Fermi’s Massive Texas Data Center Struggles To Sign Its First Major Tenant More storms clouds are gathering over the torrid, and in some cases chaotic, rollout of US data centers.  Fermi’s massive 11 GW energy and data center project in Texas, called Project Matador, which the company has envisioned to be the world’s largest AI data center and energy campus in the Texas Panhandle, near Amarillo, is struggling to close the deal […]