BLM Activist Ordered To Pay Back $224,000 In COVID Relief Funds, Donations Authored by Jill McLaughlin via The Epoch Times, A Black Lives Matter activist in Boston was ordered on March 23 to pay back more than $224,000 in pandemic relief funds and donations to her nonprofit. Monica Cannon-Grant, 44, pleaded guilty last fall to multiple fraud charges and filing false tax returns. She was sentenced to serve six months of home […]

Report Alleges Trump’s Daily Military Briefing Scrubs Out Iran War Setbacks A fresh NBC report has alleged that President Trump is being presented with a very incomplete picture of how the Iran war is going, with the conflict now approaching its first month, and as Washington struggles to find an offramp amid global oil market disruptions. The report says that his daily military briefing provided by the Pentagon features a roughly […]

Pope Leo XIV Suggests Aerial Bombing Campaigns Should Be ‘Banned Forever’ Authored by Dave DeCamp via Antiwar.com, Pope Leo XIV suggested on Monday that aerial bombing campaigns should have been “banned forever” following the atrocities committed from the sky during the 20th century, as he continues pushing an antiwar message following the start of the US-Israeli war against Iran. “Airplanes should always be carriers […]

Walgreens Gives Bodycams To Employees After Rise In Retail Assaults As most Americans are now well aware, national retail theft has seen a significant spike since 2021, with total shoplifting incidents increasing by roughly 53% between 2021 and 2024 based on industry data.  This has led to sweeping policy changes to retail businesses, specifically in urban locations, and long aisles of locked glass cases are only the […]

Artificial Intelligence, Real Misallocation Authored by Peter C. Earle, Ph.D, Artificial intelligence may well be the most important technological development of the coming decade-and that is exactly why the current capital surge around it warrants skepticism. History is littered with transformative innovations that were nonetheless disastrously overbuilt and mispriced in their early phases. Austrian Business Cycle Theory was never […]

Iran Says “No Talks With US… Which Has Failed In War Goals” – Warns Of “Relentless” Response To Any Island Campaign Summary Iranian FM says there are no talks with the US, wants a permanent end to the conflict; Tehran demands a permanent end to the war and compensation for destruction. Ghalibaf warns against island campaign. Central Command Says Nearly 300 US Military Troops Injured in Iran War 3,000 elite Army Airborne […]

Two Years Later, No Key Bridge As Maryland Dems Focus On Tampons In Men’s Bathrooms The two-year anniversary of the catastrophic collapse of the Francis Scott Key Bridge at the Port of Baltimore is on Thursday. Gubernatorial candidate Ed Hale criticized Democrats in the one-party-ruled state for their inability to properly manage the reconstruction of the Key Bridge, which is critical to the port and local economy and regional […]

Trump Sets Xi Meeting Date As Clock Ticks On Iran War Offramp The long-anticipated Trump-Xi meeting will take place in Beijing on May 14 and 15, the White House said Wednesday, after the bilateral summit was previously pushed back due to the Iran war. This marks a roughly six week postponement compared to when it was earlier supposed to happen. President Trump indicated in a fresh social media post that US representatives are […]

Why The Fertilizer Crisis May Spark Record Inflows Into Agri ETFs Goldman Now Anticipates Record Inflows For AGRI ETFs Second- and third-order effects from a three-week – and potentially longer – disruption at the Strait of Hormuz are extending well beyond energy markets. Even as some vessel transits resume through the narrow waterway, the shipping backlog continues to build across the Gulf region and could take weeks, if not […]

Imminent SpaceX IPO Filing Ignites Rally Across Space-Linked Stocks News that SpaceX may file an initial public offering prospectus with the Securities and Exchange Commission this week or next sparked a rally across SpaceX-linked names, satellite broadband providers, space transportation firms, and even publicly traded closed-end funds that hold private SpaceX shares. The Information reports that SpaceX is set to file an IPO […]

Washington State’s Race-Based Housing Finance Program Faces Federal Probe Authored by Naveen Athrappully via The Epoch Times (emphasis ours), The Trump administration’s housing department launched an investigation into the Washington State Housing Finance Commission for allegedly violating the Fair Housing Act via its race-based housing finance program, according to a March 24 press release. President-elect Donald Trump’s nominee […]

From Zimbabwe To Washington: The Farce Of “Independent” Central Banks Authored by Nick Giambruno via InternationalMan.com, When Zimbabwe makes the news, it’s rarely for good reasons. There’s a good reason for that. The country has spent years in a state of perpetual crisis. Hyperinflation obliterated its currency and decimated the economy. Yet beneath the surface lies extraordinary wealth. Zimbabwe is rich in natural […]

Meet The Stupidest Spring-Breakers In America: “Who The F**k Is Ayatollah?” Fox News found who might be the dumbest spring breakers in all of the United States – and you will feel dumber listening to what they have to say. Fox producer Johnny Belisario hit the beaches in Florida and fired off multiple questions at partiers on current events, ranging from the U.S. and Israel’s war against Iran to President Donald Trump’s […]

Jury Finds Meta and Google Liable in Landmark Social Media Addiction Trial A jury in Los Angeles Superior Court reached a verdict Wednesday in a major “social media addiction” personal-injury trial  –  finding both Meta Platforms Inc. (Instagram) and Google (YouTube) liable for harms suffered by the plaintiff. Lawyer Mark Lanier, of the plaintiff Kaley G.M., arrives at court in a key test case accusing Meta and Google’s YouTube […]

Terrible 5Y Auction: Worst Bid To Cover In 4 Years, Highest Tail Since 2024, Dealers Jump Another day, another very ugly auction. After yesterday’s appallingly bad 2Y auction, moments ago the Treasury sold $70BN in 5Y paper in what was another terrible auction. Just after 1pm, the auction stopped at a high yield of 3.966%, up from 3.608% in February and the highest since May 2025. It also tailed the When Issued 3.966% by 1.4bps, […]

China Signals Strong Support For Pakistani Offer To Host US-Iran Peace Talks China has made clear that it condemns the US-Israeli attack on Iran, saying the war should have never started, but is now signaling strong support to Pakistani-mediated efforts at finding peace. Beijing has commented on the Pakistani offer to host US-Iran talks aimed at ending the war, with Chinese Foreign Ministry spokesman Lin Jian telling reporters in […]

In Win For Putin, India Buys 60 Million Barrels Of Russian Oil, As Refiners Increasingly Transact In Yuan, Dirham Indian refiners have bought about 60 million barrels of Russian oil for delivery next month, which is set to ease some supply concerns as the Middle East war chokes flows. Citing people familiar, Bloomberg reports that the cargoes were booked at premiums of $5 to $15 a barrel to Brent. The volume is similar to the […]

Meta To Lay Off Hundreds Of Workers Today As AI Pivot Accelerates Meta Platforms is laying off a few hundred employees today as its workforce restructuring continues, following years of terrible metaverse bets and overhiring during the Covid era. Reports of another round of layoffs surfaced earlier this month, and just last week, Meta shut down Horizon Worlds, its virtual reality social network for Quest headsets. The Information […]

US Has Been Engaged In Major Airstrikes On Pro-Iran Paramilitaries In Iraq Authored by Dave DeCamp via AntiWar.com, Iraq’s Popular Mobilization Forces (PMF) said Tuesday that US airstrikes in Anbar, western Iraq, killed 15 of its fighters, including a senior commander. “In a blatant and cowardly attack, the commander of the Anbar Operations in the Popular Mobilization Forces, Saad Dua al-Bayji, was martyred along with a group […]

Supreme Court Limits ISPs’ Liability For Online Piracy The Supreme Court on Tuesday sharply curtailed when internet service providers can be held liable for copyright infringement committed by their subscribers, handing a major victory to broadband companies and dealing a setback to Sony Music Entertainment and other major labels seeking to combat online piracy. In a 7-2 decision (with Justices Sotomayor and Jackson concurring […]

Democrats Flip Trump’s Mar-a-Lago District In Florida Special Election Upset Democrats flipped a reliably red Florida state House seat that includes President Donald Trump’s Mar-a-Lago estate on Tuesday, scoring a narrow but symbolically significant victory in a special election that drew national attention. Democrat Emily Gregory defeated Trump-endorsed Republican Jon Maples in House District 87 by just over 2 percentage […]

WTI Steady After Biggest Cushing Crude Build In 3 Years; Imports From Venezuela Highest Since 2019 Oil prices remain lower this morning, following the US proposal for a ceasefire with Iran, but off the lows following Iran’s rejection. “From the Iranian perspective, Trump’s actions this week have demonstrated that the US can be pressured when Iran threatens further escalation,” said Arne Lohmann Rasmussen, chief analyst at A/S […]

Both Sides’ Starting Ceasefire Positions Are: “We Won, You Surrender” By Michael Every of Rabobank Don’t screen yourself off from reality Today starts with markets in a positive mood, stocks up in Asia, bond yields down slightly, and Brent oil down around 7% to $97.5. Yet don’t screen yourself from reality. As underlined before, the price of energy on a screen currently has no relation to its actual availability in different […]

Trapped: The Private Credit Exit Door Has Been Locked And Sealed Shut Submitted by QTR’s Fringe Finance While headlines are fixated on the Iran war and today’s “feel good” market rally, it is worth noting that beneath the surface, hours ago credit markets just got worse. The latest example comes from Apollo, which has been forced to put the brakes on investor withdrawals from one of its largest retail focused funds, […]

‘Cuba Next!’: 1000s Rally In Favor Of American Intervention In Communist Island Nation Authored by Troy Myers via The Epoch Times, Thunderous chants of “Cuba next,” “patria y vida,” and “libertad” echoed from thousands of Cuban Americans in Hialeah, Florida, on Tuesday evening at a rally for a post-regime Cuba. “Patria y vida means that we get to have our country and also have life,” one of the attendees, Venus […]