The AI Economy And The Public Risk Few Are Willing To Admit Authored by Mark Keenan via GlobalResearch.ca, Artificial intelligence is being sold as the technology that will “change everything.” Yet while a handful of firms are profiting enormously from the AI boom, the financial risk may already be shifting to the public. The louder the promises become, the quieter another possibility seems to be: What if AI is not […]

Jan. 6 Defendant Sues Federal Government Over Alleged Abuses In Custody Authored by Matthew Vadum via The Epoch Times, A former Jan. 6 defendant who alleges he was repeatedly abused in custody is suing the federal government for almost $18 million. Ryan Samsel of Bristol, Pennsylvania, was convicted in September 2024 of civil disorder-related offenses in connection with the civil disturbance at the U.S. Capitol on Jan. 6, 2021, […]

F-16 Fighter Jet Crashes In Southern California Southern California’s ABC7 reports that an F-16 fighter jet has crashed near Naval Air Weapons Station (NAWS) China Lake. #BREAKINGNEWS: San Bernardino County firefighters responding to reports of crash possibly involving F-16 aircraft near China Lake https://t.co/Dh7bmvLASE — ABC7 Eyewitness News (@ABC7) December 3, 2025 Breaking911 has posted what appear to be images of the […]

9 In 10 College Students Think ‘Words Can Be Violence’; Survey Authored by Gabrielle Temaat via The College Fix, Nine out of ten undergraduate students think that “words can be violence” at least “somewhat,” according to a new Foundation for Individual Rights and Expression survey.  The poll also showed that ideological gaps between left-leaning and right-leaning students are widening. When respondents were asked how […]

Rep. Henry Cuellar Assures Democrats He’s Still Loyal After Trump Pardons Him From Money Laundering, FARA Case Earlier Wednesday, President Trump announced on Truth Social that he’s pardoning Rep. Henry Cuellar (D-TX), who was charged along with his wife in May 2024 for allegedly partaking in two schemes involving bribery, unlawful foreign influence, and money laundering.  Rep. Henry Cuellar (D-Texas) gives an interview in […]

“Get Rid Of It” – Trump Suggests He’ll Soon Slash/End Income Tax Authored by Steve Watson via Modernity.news, President Trump signaled Tuesday that the federal income tax could soon be history. Speaking to reporters after a cabinet meeting, Trump laid out a vision of economic freedom powered by massive tariff revenues from foreign nations— putting America First instead of bleeding hardworking citizens dry to fund globalist […]

House Dems Release ‘Selective’ Never-Before-Seen Epstein Island Pictures, Video Democrats on the House Oversight Committee have released a cache of never-before-seen photos and videos from Jeffrey Epstein’s infamous island (dropbox link here), saying in a statement “These new images are a disturbing look into the world of Jeffrey Epstein and his island. We are releasing these photos and videos to ensure public transparency in our […]

Spending Slowdown Hits Apple App Store In Major Markets Apple App Store spending cooled in November, dragged down by weakening demand across several of Apple’s largest global markets, which together account for more than half of all App Store revenue. Goldman analysts led by Michael Ng published a note Tuesday citing Sensor Tower data showing Apple App Store spending last month rose just 6% YoY, down from 9% in October and half […]

“Deckchairs” On The Titanic? By Michael Every of Rabobank The conclusion to yesterday’s Global Daily was that we are still in a systemic metacrisis. True, many market metrics don’t show it – but how many deckchairs told the Titanic’s passengers they were heading for the iceberg? Markets have a vital role, as do chairs, but expecting them to reflect the potential enormity of what’s going on could end up with you being in […]

Fed Regime-Change: Groupthink May Be Ending Authored by Michael Lebowitz via RealInvestmentAdvice.com, Starting in the aftermath of the 2008 financial crisis, a profound change to the Fed’s liquidity-providing role in the capital markets was underway.  We can sum up the Fed regime change with a popular quip: The Fed has shifted from lender of last resort to the lender of only resort! In our articles QE Is Coming and its […]

Europe Accuses Putin Of Faking Peace Talks With Trump Envoys After the American delegation sent by President Trump met some 5 hours with President Putin and his team in Moscow Tuesday night, but with no significant progress made (and with some observers declaring it a ‘failure’), some European officials are trying to have an ‘I told you so’ moment. Ukrainian and European officials on Wednesday have alleged Putin is faking a desire […]

DOJ Charges Afghan National Over Online Threats To Build Bomb, Kill Americans Authored by Arjun Singh via The Epoch Times, The Department of Justice has indicted an Afghan national residing in Fort Worth, Texas, for allegedly making online threats to construct an explosive and kill U.S. citizens using it. Mohammad Dawood Alokozay, 30, was arrested by the FBI’s Joint Terrorism Task Force and the Texas Department of Public […]

James Boasberg Snubs Senate Hearing On ‘Rogue Judges’ Authored by Luis Cornelio via Headline USA, Two of the federal judges facing impeachment threats refused to attend a Wednesday Senate Judiciary subcommittee hearing on “rogue judges.”  James Boasberg and Deborah Boardman, district judges in Washington and Maryland, respectively, told the Senate Judiciary Subcommittee on Courts that they would not appear over […]

WTI Holds Gains As Cushing ‘Tank Bottoms’ Loom; US Crude Production At Record High Oil prices are higher this morning after API’s report showed crude inventories fell last week, while negotiations to end Russia’s war on Ukraine failed to reach an agreement. Prices have stuck in a narrow range in recent weeks as geopolitical concerns have countered rising supply as OPEC+ returned 2.6-million barrels of production cuts to market […]

Polar Vortex Threat Sends US NatGas Futs To Highest Level Since 2022 Update (1110ET): U.S. natural gas futures jumped above $5 per MMBtu, the highest level since December 2022, as traders expect colder-than-normal temperatures across the Lower 48 in the first half of December. Meteorologists, such as Mark Margavage, are focused on a polar vortex threat that could “dump the motherload of cold into Eastern North America in the […]

1 In 4 Unemployed Americans Has A Degree – The Future Of White Collar Jobs Authored by Mary Prenon via The Epoch Times (emphasis ours), With a changing economy, artificial intelligence (AI) replacing many jobs, and widespread unpreparedness for the job market, the time-honored tradition of tossing their caps in the air to celebrate earning their degrees and starting exciting new careers has turned into disappointment for many […]

MSFT Stock Rebounds After Microsoft Refutes Information Report: “Did Not Lower AI Software Sales Quotas” Update 10:35am ET: CNBC quotes a Microsoft spokesman who denies the Information report, saying the company “did not lower sales quota.” Meanwhile, The Information has also changed the title of its report from “MSFT Lowers AI Software Sales Quotas as Customers resist newer products” to “Microsoft Lowers AI Software Growth Targets […]

ICE “Strike Teams” Deployed To Minneapolis After Bombshell Somali Welfare-Fraud Report Linked To Overseas Terror Investigative journalist Christopher Rufo, whose City Journal expose revealed how Minnesota’s Somali community stole billions in taxpayer funds, with money ultimately flowing to a foreign terrorist network, notes that just weeks after his bombshell report, ICE has now mobilized in Minneapolis. “How it started   …  […]

Trump Confirms Biden’s Autopen Documents, Orders, & Pardons Are Void Authored by Jill McLaughlin via The Epoch Times, President Donald Trump said on Tuesday that he has nullified all documents, proclamations, executive orders, memorandums, and contracts signed by autopen during President Joe Biden’s term. “Any and all Documents, Proclamations, Executive Orders, Memorandums, or Contracts, signed by Order of the now infamous […]

‘Sustained Resilience’: US Services Surveys Mixed In November Following the disappointment on the Manufacturing PMI side (both S&P Global and ISM seeing their surveys decline in November), US Services surveys were more mixed in the face of ‘strong’ hard data (that has been largely absent due to the shutdown). S&P Global US Services PMI dropped from 54.8 to 54.1 in November (lowest since June and notably worse than the […]

Maduro Could Be Exiled To Qatar As Trump Warns Land Strikes On Venezuela Coming “Very Soon” President Trump reportedly issued Venezuelan strongman Nicolas Maduro a deadline of last Friday to of his own volition step down as president and accomplish a peaceful transition of power, or else face possible direct military action. The New York Post is freshly reporting that the White House has offered that Maduro could be exiled to […]

US Industrial Production Sees Biggest Annual Gain In 3 Years Despite Slowing Capacity Utilization First things first, this is data for September. But we would given this morning’s Industrial Production and Manufacturing Output data a ‘meh’ ranking. Industrial Production rose just 0.1% MoM (as expected) up from the downwardly revised 0.3% MoM decline in August. On a YoY basis, production rose 1.62% – its best since Nov 2022… US […]

The Bull Case (Is That Nothing Matters Anymore) Submitted by QTR’s Fringe Finance As far as my macro outlook goes, I think I’ve been pretty clear: over time, I expect nominal prices of everything to drift—no, march—higher as governments and central banks eventually capitulate to the obvious: their only escape route from the irresponsible, slow-motion debt disaster they engineered is to quietly (or, recently, not so quietly) […]

Zelensky’s Meeting With US Envoy Cancelled After No Real Progress In 5-Hour Moscow Talks The Russian-US negotiations on the Ukraine conflict concluded in the Kremlin after some five hours of intense negotiations, which had reportedly gone late into the night. Russian presidential aide Yury Ushakov indicated the US side of Steve Witkoff and Jared Kushner presented four more documents concerning the peace settlement during the […]

Futures Rise As Bitcoin Extends Rally For 2nd Day, Copper Hits Record US equity futures are higher again, led by small cap stocks. As of 8:20am ET, S&P futures are up 0.2% (they dropped following a very ugly ADP print at 8:15am), the same as Nasdaq 100 futs, with Mag 7 stocks mostly higher premarket led by NVDA (+0.4%) and AMZN (+0.3%); MRVL is up +10% post-earnings given the robust long-term guidance. Europe’s Stoxx 600 is also […]