Aimed At Pressuring Big Pharma; Goldman Says Trump’s Drug Exec. Order “Symbolic, Not Substantial” On Monday, President Donald Trump signed the Most Favored Nation (MFN) Executive Order on drug pricing, aiming to pressure the pharmaceutical industry to lower prices by linking them to those paid in other developed countries. The order directs the Department of Health and Human Services (HHS) to communicate these international price […]

“It’s As If God Has A Sense Of Humor…” Authored by Monica Showalter via AmericanThinker.com, Get a load of the pope’s brothers… It’s as if God has a sense of humor. Imagine getting elected to the 2,000-year-old Chair of St. Peter. You’d become the head of state of an unbroken succession of popes as well as the leader of the world’s largest religion, one watched and followed closely by others, every word you said dissected […]

Trump Not Going To Istanbul, As Kremlin Downplays ‘Direct’ Ukraine Peace Talks The Kremlin on Tuesday affirmed that “the Russian side continues to prepare for the negotiations that are scheduled to take place on Thursday.” This after on Sunday Russian President Vladimir Putin offered to resume direct negotiations with Kiev, and proposed the Istanbul talks. Ukrainian President Zelensky then made a performative gesture – likely […]

The Merch-Can-‘Til-Lists By Michael Every of Rabobank The Merch-Can-‘Til-Lists Equity markets soared, as did bond yields and the US dollar, while gold and Bitcoin dropped following the US and China taking down their tariffs by 115 percentage points to 30% for the US (on top of legacy 25% Trump 1/Biden tariffs on 2/3rds of Chinese goods and 25% sectoral tariffs) and to 10% for China for 90 days. Some say President Trump folded, […]

Despite Mainstream Panic, US Consumer Price Inflation Tumbles To Lowest In Over 4 Years While today’s CPI will be far less relevant now that the entire macro picture has been reset after this weekend’s trade war truce – which cut tariffs between US and China by 115% for 90 days… …thus making any pre/post CPI number comparisons meaningless apples to oranges, the machines will certainly be reacting to what Bloomberg prints in […]

Microsoft Reportedly Slashing 3% Of Global Workforce A new report hit the wires late Tuesday morning in New York, revealing that Microsoft plans to implement “organizational changes” impacting about 3% of its global workforce, spanning all levels, teams, and regions. “We continue to implement organizational changes necessary to best position the company for success in a dynamic marketplace,” a Microsoft spokesperson told CNBC in a […]

Hollywood Unions Cautiously Welcome Trump’s Movie Tariff Proposal Authored by Beige Luciano-Adams via The Epoch Times (emphasis ours), After the initial shockwaves subsided over President Donald Trump’s May 5 announcement that he intends to implement a 100 percent levy on all foreign-made films, Hollywood labor unions ventured cautious optimism at the idea that at least someone in Washington might be paying attention to the […]

China Sent Secret Delegation To Washington To Negotiate Trade Deal While Vowing It Would “Never Talk To Trump” Following yet another decline in CPI (but… but… but… tariffs are inflationary… or maybe just the “lack of inflation from tariffs is transitory”), the S&P joined the Nasdaq 100 in the green year-to-date, erasing all of the panic-puke, ‘end of the world’ prognostication from the mainstream media and […]

Watch Live: Trump Speaks From Saudi Arabia After Signing $600BN In Joint Deals Update(1005ET): Trump said to be moments away from speaking live from Riyadh after signing hundreds of billions of dollars in US-Saudi investment deals (watch below). “U.S. and Saudi Arabia sign largest defense sales agreement in history—nearly $142 billion, part of $600 billion investment package President Trump and Saudi Crown Prince Mohammad bin […]

Democrats Attempt To Blockade ICE Detention Center In New Jersey When are Democrats finally going to accept that illegal immigration is not a winning issue for them?  Their position only becomes more untenable as time passes.  Without federal dollars from agencies like USAID flowing into NGOs and by extension into far-left activist groups, the Democrat response to ICE deportations across the country has been limited.  No […]

Court Order Blocking Trump From Targeting Perkins Coie Is Overreach Authored by Kenin Spivak via RealClearPolitics, Federal District Court Judge Beryl Howell’s injunction prohibiting the implementation of Donald Trump’s executive order restricting the Perkins Coie law firm spoils a righteous core with judicial activism. On March 6, Trump issued an executive order asserting that “the dishonest and dangerous activity […]

TikTok Illegally Sent Europeans’ Personal Data To China, EU Regulators Claim Color us not surprised… TikTok has been fined €530 million by Ireland’s Data Protection Commission (DPC) for illegally transferring Europeans’ personal data to China and failing to be transparent with users, according to the Free Beacon and Politico.  In its first ruling on data transfers to China, the DPC said TikTok failed to properly assess […]

Netanyahu Blasts Media ‘Spin’, Says Trump Ties ‘Excellent’ – Dispatches Hostage Negotiators  Via The Cradle Israeli Prime Minister Benjamin Netanyahu announced on Monday that he has approved a negotiating delegation to travel to Qatar on Tuesday to participate in US-led prisoner exchange talks. The decision was announced after the embattled premier met with US Special Envoy Steve Witkoff and Ambassador Mike Huckabee earlier in […]

UnitedHealth Group Shares Plunge On Abrupt CEO Exit, Suspends 2025 Outlook Shares of UnitedHealth Group tumbled in premarket trading after the insurer announced the sudden resignation of CEO Andrew Witty and the suspension of its 2025 financial outlook. UnitedHealth Group appointed Stephen Hemsley, its board chairman and former CEO (2006-2017), as its new CEO, replacing Andrew Witty, who stepped down for personal reasons.  “We […]

Futures Dip As Torrid Squeeze Pauses Ahead Of CPI Report US equity futures are modestly lower ahead of today’s CPI report, but well off session lows, as markets take a slight pause following yesterday’s surge and as trade war truce euphoria gives way to lingering concerns about inflation and economic growth. As of 8:00am ET, S&P and Nasdaq 100 futures were down 0.2% with Mag7 and Semis names weaker pre-mkt, pulling the index […]

China Reverses Ban On Boeing Jet Deliveries After Trade Breakthrough With US China lifted a month-long ban on Boeing jet deliveries for all domestic carriers just one day after a breakthrough in U.S.-China trade talks, Bloomberg reports, citing people familiar with the matter. Chinese officials instructed domestic carriers and government agencies at the start of the week that deliveries of US-made jets were allowed to resume. This […]

Taliban Bans Chess In Afghanistan: ‘Means Of Gambling’ We weren’t aware that the game of chess could lead to a raging gambling addiction, but apparently the Taliban thinks so… “The Taliban government in Afghanistan has banned chess until further notice due to fears the game is a source of gambling,” BBC reports Monday. “Officials said the game has been prohibited indefinitely until its compatibility with Islamic law can be […]

FBI Deputy Director Says Illegal Immigrant Criminals, Child Predators Are Top Priority Authored by Jack Phillips via The Epoch Times (emphasis ours), The FBI is prioritizing removing illegal immigrants with criminal records and arresting child predators, the deputy director said on May 10. An FBI agent walks toward a crime scene, in this file photo. Mario Tama/Getty Images “[The FBI] workforce has been working overtime on task […]

US Treasury Shocks With Second Biggest Budget Surplus In History Two weeks ago, as part of its quarterly refunding announcement, the Treasury surprised the market when it unveiled a funding need for the current quarter that was $53 billion lower than it had initially forecast in February, and which we said “indicates that DOGE is indeed working and the US funding needs are actually declining.” Needless to say, for a market that […]

These Are America’s Fastest-Growing Counties On average, U.S. counties grew by 1,000 people from 2023 to 2024.  But the level of population growth varied widely from place to place.  This chart, via Visual Capitalist’s Jenna Ross, in partnership with BGO, shows the fastest-growing counties.  Ranking the Largest Population Increases in U.S. Counties Using the latest data available from the U.S. Census Bureau, here are the […]

Net Deadly: Europe’s Blackouts Are A Warning For Americans Authored by Jonathan Miltimore via the Washington Examiner, A massive blackout crippled Spain and Portugal on Monday, April 28, grounding flights, halting transport, and leaving millions without power. The cause was “unclear,” the New York Times reported, with “no evidence of a cyberattack.”  As Spanish officials urged citizens to stay off the roads, […]

Health Agencies Unveil New Nutrition Program To Further RFK Jr.’s Agenda Authored by Zachary Stieber via The Epoch Times (emphasis ours), The Food and Drug Administration (FDA) and National Institutes of Health (NIH) on May 9 said that they’re launching a new nutrition program that will help further the agenda of Health Secretary Robert F. Kennedy Jr. The U.S. Food and Drug Administration in White Oak, Md., on June 5, 2023. […]

Is Britain On The Brink Of Civil War? Authored by Joe Baron via DailySceptic.org, According to David Betz, Professor of War in the Modern World at King’s College London, many of the preconditions for civil war exist in Britain today.  Using academic studies on social cohesion, civil war causation theory and social attitudes surveys, he argues that the following preconditions are in place: elite overreach, factional […]

Trump’s Rift With Bibi Might Be Irreconcilable Authored by Andrew Korybko via substack, That would be a nightmare scenario from the perspective of Israeli interests… A report circulated last week alleging that Trump cut off all direct contact with Bibi after feeling manipulated by him. For as sensational as it sounds, the larger context suggests that it might be true. For starters, there was bad blood between them since late […]

Le Pen Urges Unified Nationalist Front In European Parliament, Slams Warmongering Franco-German Axis Authored by Thomas Brooke via Remix news, Marine Le Pen used a visit to Rome on Saturday to denounce what she called a growing “democratic scandal” within the European Union, following her recent conviction that has barred her from running in France’s next presidential election. Speaking alongside Italian Deputy Prime […]