Ancient Settlement Older Than The Pyramids Discovered; Rewrites North American History Authored by Steve Watson via modernity.news, An ancient Indigenous settlement unearthed near Sturgeon Lake in Saskatchewan is challenging long-held views about early human presence in North America. Dating to around 11,000 years ago and predating Egypt’s Great Pyramid by more than 6,000 years, according to the official timeline, the site […]

Vaccine Trade Returns? Moderna Working On Hantavirus Shot Sends Shares Higher Moderna is out with timely news that it is working on early-stage research on vaccines targeting hantaviruses. The news comes as a Spanish woman has been hospitalized for a suspected infection, while a hantavirus cluster has ravaged a Dutch-flagged cruise ship, with five confirmed and three suspected cases of hantavirus. Three deaths have been reported so […]

OnlyFans Lures Outside Capital As Architect Capital And Billionaire Tag Team Deal Nearly seven weeks after OnlyFans owner and billionaire Leonid Radvinsky died, and after months of reports that the sex-worker streaming platform was exploring a stake sale, the Financial Times reported Friday morning that San Francisco-based Architect Capital is preparing to buy a minority stake in the company. Australian billionaire James Packer, […]

Closer Look Reveals April Jobs Report Was A Disaster, And AI Is Now Here To Take Your Job On the surface today’s jobs report was very strong: headline payrolls came in nearly double the expected (115K vs 65K), with unemployment flat just so Trump’s chief economist Kevin Hassett could push bullish taking points in today’s TV circuit such as this one. *HASSETT: ‘RIP-ROARING’ JOBS MARKET Unfortunately, below the surface this was the […]

“Damage Done Already” – Oil May Take Year To Normalize: Adam Parker Last night’s ZeroHedge debate featured the cautiously bullish Adam Parker, former Morgan Stanley chief equity strategist who now runs Trivariate, and bearish money manager Michael Pento, hosted by Adam Taggart of Thoughtful Money. While Parker is largely optimistic about equities, he put forth a gloomy prediction on gas prices, based on what he is hearing as a […]

DOJ Reaches Settlement With Data Firm Over Meat Industry Competition Concerns Authored by Kimberley Hayek via The Epoch Times, The Department of Justice (DOJ) reached a proposed settlement with Agri Stats Inc., requiring the data and consulting company to stop distributing competitively sensitive information among the nation’s major meat processors, officials announced on May 7. The agreement, which was filed in federal court […]

CIA Leak: Iran Can Survive Blockade Another 3 to 4 Months, Maybe Longer Belying the Trump administration’s claims that a US blockade on Iran’s use of the Strait of Hormuz has the country on the ropes and its oil infrastructure in near-term peril, a confidential CIA analysis says Iran can persevere another three or four months, if not longer. In a second stark contradiction of White House narratives, US intelligence assesses that the […]

Cost Of California’s High-Speed Rail Goes Up Again Authored by Kerry Johnson via  Pacific Research Institute for Public Policy, It was supposed to cost $33 billion when voters approved the train in 2008. It will now cost at least $126 billion. It was also supposed to be carrying 65.5 million to 96.5 million intercity riders a year by 2030. Yet now 2040 is the date for “full service to start.” Skeptics don’t believe […]

Nvidia Bets $2.1 Billion On IREN To Expand AI Infrastructure Nvidia is expanding beyond chip sales and putting more capital directly into the infrastructure needed to power AI. The company said it could invest up to $2.1 billion in IREN through a deal that gives Nvidia the right to buy as many as 30 million shares at $70 each over the next five years, according to Bloomberg.  The agreement is designed to accelerate the buildout of […]

Virginia Supreme Court Blocks Democrats’ Voter-Approved Congressional Map As Midterms Approach The Supreme Court of Virginia has denied a request from Democrats and state officials to lift a lower-court order blocking certification of the April 21 redistricting referendum, leaving a voter-approved congressional map that could flip four Republican U.S. House seats in legal limbo just months before the 2026 midterm elections. […]

‘Sporadic Clashes’ Ongoing In Strait Of Hormuz After US Attacks, Disables Two Iran Vessels Trying To Breach Blockade Summary Sporadic clashes between Iranian Armed Forces and US vessels in the Strait of Hormuz, few details given. Two more empty Iranian-flagged tankers come under US aerial attack for attempting to breach blockade. Iran says US violated ceasefire after last night’s US action, which resulted in Iranian […]

Massive Forest Fire Threatens Chernobyl Exclusion Zone, Radiation Closely Monitored It was only last month that Ukraine marked the 40th anniversary of the Chernobyl disaster, but on Friday there is another major threat to the site, which Russia says it is closely monitoring, according to RIA. A massive forest fire is sweeping through the Chernobyl exclusion zone on Friday after a drone crashed near the defunct nuclear plant a day […]

American Consumers Have Never Been Less Confident Despite Inflation Fears Easing; UMich With the “mini war” still ongoing (albeit with a ‘ceasefire’ in place), expectations were for a continued slide (already at record lows) in the American consumer’s sentiment in preliminary UMich data for May released today. And while the expectations were correct in direction, once again they underestimated just how bad things are as the […]

Trump Administration Drops First Batch Of UAP/UFO Files On Friday, the Trump administration released the first official tranche of declassified UAP (Unidentified Anomalous Phenomena) and UFO files through the new Presidential Unsealing and Reporting System for UAP Encounters (PURSUE) – which of course was the alternative to the real incriminating Elite Presidential Shielding Taskforce Ensuring Impunity Now (EPSTEIN) files. ack […]

US Jobs Jump 115K, Smashing Estimates; Unemployment Rate Unchanged At 4.3% In his preview of today’s NFP report, Goldman’s Delta One head wrote that “NFP almost feels like a sideshow at this point. You can argue weak labor data gives a Warsh led Fed enough cover to cut, but with oil and input inflation still elevated there’s also an argument that a weakening labor market alongside a constrained Fed is actually the more difficult […]

Ukrainian Drone Strike Paralyzes Airports Across All Southern Russia Russian cities and communities are busy preparing Victory Day WW2 memorial events all across the country ahead of Saturday, and so security is already on edge and on high alert, especially in the Moscow area, given that Ukraine’s devastating cross-border drone attacks have persisted and expanded of late. On Friday air traffic at 13 airports across southern Russia […]

OpenAI Valuation Doubts Loom As Softbank Scales Back Margin Loan SoftBank Group’s abrupt scaling back of a planned $10 billion margin loan backed by its roughly 13% stake in OpenAI – now targeting as little as $6 billion – reveals deepening lender unease over the AI giant’s $852 billion post-money valuation set in March 2026. The move follows earlier $40 billion bridge financing and comes amid reports that OpenAI missed […]

Pandemic? Trump Remains Confident Hantavirus Situation Under Control Authored by Kimberley Hayek via The Epoch Times, President Donald Trump said on May 7 that he had been briefed on a hantavirus cluster tied to a cruise ship and that he was hopeful that the situation was still contained, as federal health authorities track the American passengers who returned home. The president also said he expected more information on Friday. […]

Futures Rebound, Trade At All Time Highs On, What Else: Tech And Iran Optimism US equity futures are higher and just shy of a new record, with technology names leading futures higher ahead of April jobs report, after Trump’s assertion that the Iran ceasefire is still holding despite an exchange of weapons between the US and Iran overnight, and a deep weekly loss for oil help futures regain positive momentum. Markets are higher […]

Gilt Yields Fall As Starmer Vows To Stay On After Farage’s Reform UK Storms To Historic Gains In ‘Midterms’ Update (0800ET): After hitting 28-year highs earlier in the week, UK gilt yields are lower as UK PM Keir Starmer said he had no plans to step aside as Labour leader after early results in local elections showed Nigel Farage’s populist Reform UK racking up sweeping gains over Britain’s governing party. Cable is also […]

Megadrought: We Just Experienced The Driest First Three Months Of A Year In US History Authored by Michael Snyder via The Economic Collapse blog, January, February and March were insanely dry. In fact, in all of U.S. history conditions have never been so dry during the first three months of the year. Just think about that for a moment. Not even during the Dust Bowl days of the 1930s were conditions this dry. Many were hoping that […]

US Conducts New Iran Strikes Along Hormuz Corridor – Trump Says Warships Came Under Fire By ‘Lunatics’ Summary US military attacks Iran locations on southern coast, and allegations of UAE involvement; Explosions rock Abu Dhabi. CENTCOM says intercepted Iranian counterattacks. Iran says US violated ceasefire after Centcom targeted Iranian facilities responsible for attacks; US says ceasefire not violated despite striking […]

“Thermal Event” Triggers Service Disruptions At Amazon AWS Cloud Hub In Northern Virginia Amazon Web Services said that recovery efforts are still underway after a “loss of power during a thermal event” disrupted a Northern Virginia data center on Thursday evening. “Mitigation efforts remain underway to resolve the impaired EC2 instances and degraded EBS volumes in a single Availability Zone (use1-az4) in the US-EAST-1 Region,” AWS […]

The World’s Biggest Fusion Reactor Just Hit A Milestone Authored by Haley Zaremba via OilPrice.com, The final components of ITER’s central solenoid magnet — a 59-foot, 3,000-tonne superconducting system 15 years in the making — have arrived in France, clearing a major path toward first plasma. ITER will never supply electricity to the grid; it exists purely as a research tool, and at €22 billion and counting, it’s still […]

Political Warfare? Advocacy Group With Ties To Lefty Unions Targets SpaceX IPO The SOC Investment Group is a union-aligned shareholder advocacy organization formerly known as CtW Investment Group. It works with union-sponsored pension funds to mount pressure campaigns against public companies. SOC’s latest pressure campaign appears to target Elon Musk’s SpaceX in an attempt to delay or derail the upcoming IPO. The union-affiliated […]