Strongest El Nino In 75 Years Sets Off Food Supply-Chain Alarm Bells The US Climate Prediction Center has warned that the weather phenomenon El Niño, which only recently emerged across the Pacific, could become the most powerful in more than 75 years. This raises the risk of adverse weather conditions across the US, Asia, Australia, and South America. The stronger the weather event becomes, the greater the threat to critical food […]

Kentucky Governor Beshear Presses Senator Mitch McConnell To Release Health Update Via American Greatness, Kentucky Governor Andy Beshear is calling on Senator Mitch McConnell to publicly disclose more about his health after the longtime Republican lawmaker remained out of public view for nearly three weeks following his hospitalization in Washington. In a letter released Wednesday, Beshear said Kentuckians deserve more […]

This State Is Ground Zero For The “Explosive” Diarrhea Parasite As Cases Explode 400% Michigan is getting hit hardest in a fast-spreading nationwide outbreak of a stomach parasite, with cases exploding more than fourfold in a matter of days. The state saw infections skyrocket from 170 to 681 by Monday, the biggest single jump reported anywhere in the country, according to health officials. New York has logged 120 cases since May […]

Feared Free-Market Activist Warns Texas Stock Exchange Against Going Woke Authored by Will Hild via The Center Square, As the Texas Stock Exchange begins its launch, Texans have every reason to celebrate. Soon, the TXSE will join Nasdaq Texas as a fully functioning venue, and the NYSE has signaled a strong commitment to Texas as well. It is clear that Texas is emerging as a serious challenger to New York as the nation’s financial […]

Trans-Ex Lover Says Robinson Confessed To Charlie Kirk Shooting; Widow Presses Court To Release Evidence Erika Kirk, the widow of conservative activist Charlie Kirk, asked a Utah judge Thursday to make all evidence in the preliminary hearing for her husband’s accused killer available to the public – the same day prosecutors played a recorded statement in which the suspect’s former roommate said he confessed to the shooting. Tyler […]

Trump Admin Targets Medicare Fraud After 7,100% Surge In Transplant Claims Via American Greatness, The Trump administration says it has uncovered a dramatic increase in Medicare claims for tissue and organ transplants, resulting in a broad crackdown on suspected fraud that officials say has already blocked hundreds of millions of dollars in questionable payments. Administration officials said Medicare claims for tissue and […]

US, Japan, And South Korea Push SMR Exports For “Energy Security Needs” The American nuclear buildout is not just about the climate or powering data centers. It’s a geopolitical war against the export of nuclear technology from Russia and China, mixed with a new demand for national energy security. On the sidelines of the NATO Summit in Ankara, the United States, Japan, and South Korea signed a trilateral Memorandum of Cooperation […]

Why Have Central Bankers Gone Radio Silent On The Digital Currency Agenda? Authored by Brandon Smith via Alt-Market.us During the 2020 pandemic hysteria there was a mad rush by globalist institutions like the WEF, IMF, BIS and numerous national central banks to speed-run the concept of “CBDCs” (Central Bank Digital Currencies) into the mainstream consciousness. The idea of digital currencies rooted to a blockchain ledger was […]

Jack Smith’s Team Exposed Classified Materials, Senator Finds Authored by Zachary Stieber via The Epoch Times, Prosecutors with the office of former special counsel Jack Smith left classified materials unsecured and provided materials to at least one person without confirming that person needed to see them, a senator said on July 8. A set of messages from Smith’s team showed that in 2024, the team left a facility designated […]

Starbucks Using AI To Build Software Replacing Applications It Buys From Microsoft, IBM Corporate America has been desperate to see a burst of productivity (i.e., cost cutting) emerging from the latest flood of agentic AI euphoria, and it is slowly starting to get it. Not everyone will be pleased. Starbucks is developing in-house tools with the help of artificial intelligence that could replace some software applications it now […]

Judge Hannah Dugan Gets The ‘Good Person’ Discount In Federal Court Authored by David Manney via PJMedia.com, Former Milwaukee County Circuit Court Judge Hannah Dugan just discovered a remarkable sentencing principle: Commit a felony, lose at trial, watch the conviction survive post-trial motions, face a guideline range of 15 to 21 months, and still walk out without prison, probation, and a $5,000 fine. Regular defendants may […]

French Security Services On High Alert For Morocco-France World Cup Semi-Final: ‘Get Ready For Riots & Violence’ France is warning football fans to behave and conduct themselves responsibly ahead of a major Thursday World Cup quarter-final match which pits France against African champions Morocco. Security services are on high alert, the government has said. The match kicks off at 4:00 PM ET. “I appeal to everyone’s sense of […]

“Results Were Tempered”: Pepsi Blames US Snack Slump On Cash-Strapped Consumers PepsiCo blamed the second-quarter slowdown in its North American food unit on consumers tightening their belts. The period was marked by elevated pump prices tied to the US-Iran war, a squeeze that hit lower-income households the hardest and weighed on discretionary snack and beverage purchases. Revenue in the company’s North American food unit fell 2%, […]

Strong 30Y Bond Auction Stops Through For First Time Since March On the heels of yesterday’s stellar 10Y auction, this afternoon saw an even more stellar-er 30Y auction with the US government selling $22 billion bonds at 5.058%, the highest result since 2007, vs a 5.061% when-issued yield at the 1 p.m. New York time bidding deadline. That is the first stop-through (0.3bps) since March (after three ugly tails – June’s reopen was […]

Gold Selloff Seen As “Stop-Loss Liquidation Positioning Reset”, Not Fundamentally Driven Gold’s break below key technical support of 4050 to the 4023 low in New York trading on Wednesday appears driven primarily by stop-loss liquidation and positioning rather than a material deterioration in macro fundamentals, according to UBS.  As the bank’s trader Marcus Millis writes, “the move flushed out long exposure and left […]

“Deepening Dark Trend” Emerges On Hormuz As Ship Traffic Slows The US military has struck Iranian targets for a second straight day, while Tehran has responded with ballistic missile and drone attacks targeting Kuwait, Qatar, Bahrain and even faraway Jordan. While our overnight wrap focused on the latest war developments, the focus here is what energy traders are watching most closely: vessel traffic through the Strait of Hormuz. […]

The Low VIX Hides Fierce Undercurrents Via RealInvestmentAdvice.com, Goldman Sachs’ volatility desk made the following comment: “With the VIX back to its lowest levels in more than a month, our Vol desk is focused on hedging opportunities as 1-month S&P implied correlation is near its lowest level in 20 years.”  Simply, a low VIX can convey a sense of market calm on the surface, yet implied correlation tells a […]

NYC Tower Owner Prepares To Rebuild 15 Floors After I-Beam Failure Fears of a possible collapse at a condo tower under construction near Grand Central Terminal had abated by the end of the week, but the incident only signals the massive engineering challenges tied to Manhattan’s office-to-apartment conversion boom. The former Pfizer headquarters at 235 East 42nd Street, being converted by David Werner and Nathan Berman’s Metro […]

Tennessee Congressman Demands FBI Unseal Everything On Seth Rich Authored by José Niño via Headline USA, Rep. Tim Burchett, R-Tenn, has thrown a fresh spotlight on one of Washington’s most stubborn cold cases.  On July 7, 2026, the Tennessee Republican posted on X that he had formally pressed FBI Director Kash Patel to surrender every document the bureau holds on the 2016 killing of DNC staffer Seth Rich. “I […]

Return To War: Iran Fires Ballistic Missiles At Kuwait, Bahrain, Qatar, Jordan, After US Struck 170 Iranian Targets Just as the US nighttime strikes were significantly bigger than prior rounds in June, so has Iran’s ‘retaliation’ been bigger – chiefly on Gulf states and American bases there. In the overnight and Thursday daytime hours, Iranian ballistic missiles and drones have targeted Kuwait, Qatar, Bahrain, and even faraway […]

AI Price War Breaks Out: Meta Unveils Paid AI Model For First Time, Will Be “Among Most Affordable Options” Shortly after a leaked Meta memo revealed the company was planning on putting an AI chip into production in September as it looks to double computing capacity to 14Gigawatts, the company also unveiled a version of its most advanced artificial intelligence model, Muse Spark 1.1, that includes a new paid tier for developers, […]

Qatar Halts Push To Ramp Up LNG Production After Hormuz Tanker Strikes Less than a month after Reuters reported that QatarEnergy was ready to resume LNG production ​at its Ras Laffan LNG plant “very quickly” ‌and expected to reach within a month full output of facilities unaffected by Iranian strikes, this morning Bloomberg reports that Qatar is pausing efforts to rapidly revive production at the world’s largest LNG […]

Leaked Meta Memo Shows AI Capacity Doubling To 14 Gigawatts Meta shares fell 4.3% at Thursday’s open after Reuters reported the contents of an internal memo laying out the next phase of the company’s AI infrastructure program. The stock has clawed back part of the loss through the morning but stayed solidly red while the tape digested the same question it has been chewing on for nine days: is Meta the hyperscaler that just […]

US Existing Home Sales Unexpectedly Dropped In June, Just Off Record Lows After an ugly Spring selling season, existing home sales have rebounded in Q2 (so far) with expectations for another 1.0% MoM increase in June. However, that was not to be with US existing home sales tumbling 2.4% MoM in June (although May was revised up to a +3.7% MoM gain from +3.2%). That slowed the annual improvement in sales to +2.75% YoY… Overall, […]

The Choice To Go Up Or Down The Escalation Ladder Now Lies With Iran By Michael Every of Rabobank “It ain’t over till it’s over, but…” The US hit Iran for a second night along Hormuz, in southern cities, near a nuclear site, and a railway bridge in the northwest. The message from VP Vance was to stop striking ships in Hormuz or get hit back harder. From Trump, it was that Iran are “liars” and “scum” and the MOU is […]