Civilians Ordered Out Of Rafah As IDF Ground Attack To Proceed The last several hours have seen a significant escalation of the situation in the southern Gaza city of Rafah, sending Western diplomats scrambling and resulting in new threats and counterthreats between Hamas and Israeli leaders. The Israel Defense Forces (IDF) have urged many thousands of Palestinian civilians to urgently evacuate ahead of an impending ground […]

‘Romance’ Scammer Promised Fake Gold To Bilk Victims For Millions Authored by Ken Silva via Headline USA, It was an old-fashioned romance scam, involving a man posing as a female online to induce unfortunate men to send him their life savings. This scam, however, was fairly complex, involving a fake bank website and non-existent gold bars. The alleged perpetrator of this scam, Richard Opoku Agyemang, was arrested last month by […]

Futures, Global Markets Rise On Rising Fed Cut Bets Global stocks and US equity futures jumped to start the new week, with the S&P 500 poised to extend last week’s rally as traders grew increasingly confident in the likelihood that the Fed will cut interest rates this year. As of 7:40am, S&P 500 and Nasdaq 100 futures added 0.3%, tracking gains in European and Asian markets although trading volumes were lower than average […]

Trump Campaign Ad Highlights UNC Frat Defending American Flag The Trump campaign has released a new ad featuring students pushing back against leftist protesters – including a fraternity from the University of North Carolina (UNC) who went viral for keeping the American flag off the ground. “While campuses struggle to get control of their students, at UNC Chapel Hill, they are bringing order back,” says the narrator of the ad, […]

Biden Wants The Wealthy To Pay Their “Fair Share”, What Percentage Is That? By Mish Shedlock of MishTalk What percentage of all income tax collection should the top 1 percent pay? Top 10 percent? Summary of the Latest Federal Income Tax Data Inquiring minds may wish to peruse a Summary of the Latest Federal Income Tax Data, 2024 Update by the Tax Foundation. I downloaded their data and created all but one of the charts in this […]

That’s Nuts! $700K Of Cocaine Found In Almond Bags During Traffic Stop The California Highway Patrol found 15 lbs of cocaine with a street value of $700,000 during a traffic stop in Merced Country on April 27, the CHP reported. A CHP officer found suspected cocaine in bags containing almonds during a traffic stop April 27, 2024. (California Highway Patrol) Around 3:15 p.m., a 2010 Subaru driving on I-5 around 30 miles west of […]

Trump Says Jack Smith Should Be “Arrested” After Documents Revelation By Jack Phillips of The Epoch Times Former President Donald Trump argued that special counsel Jack Smith’s classified documents case against him should be tossed after prosecutors wrote that they misled a judge about the order of items in an evidence box. In a post on Truth Social over the weekend, President Trump called for the arrest of Jack Smith and […]

Biden Administration Finalizes Rule To Allow ‘Dreamers’ To Enroll In ‘Obamacare’ Authored by Jana J. Pruet via The Epoch Times (emphasis ours), The Biden administration announced on Friday that it had finalized a directive to expand the Affordable Care Act (ACA), also known as “Obamacare,” to thousands of immigrants who were brought to the United States as children. U.S. President Joe Biden talks about protecting the Affordable […]

University Of California Now Discriminates Based On Parental Income, Education Authored by James Breslo via The Epoch Times, In 1996, Californians voted, 55 to 45 percent, to ban the use of affirmative action in admissions to state schools and in state employment. In 2020, Californians voted to maintain the ban by an even wider margin, 57 to 43 percent. Last year, the United States Supreme Court struck down college affirmative […]

OPEC+ Likely To Extend Production Cuts In June By John Kemp, senior energy analyst at Reuters Saudi Arabia and its allies in OPEC⁺ are likely to keep oil production unchanged for a further three months when ministers review output allocations on June 1. The tightening of petroleum supplies and depletion of inventories widely anticipated at the start of the year has failed to materialise so far. If OPEC+  officials had hoped to […]

Maryland Officials Release Timeline And Cost Estimate For Rebuilding Baltimore Bridge In the wake of a catastrophe that claimed the lives of six roadwork crew members and disrupted one of the nation’s busiest ports, Maryland has committed to a monumental task of rebuilding the Francis Scott Key Bridge. The project, set to be completed by the fall of 2028, is projected to cost between $1.7 billion and $1.9 billion, according to […]

Elon Musk Warns Over Biden’s Massive Deficit Spending Authored by Tom Ozimek via The Epoch Times (emphasis ours), Tesla CEO Elon Musk has sounded the alarm on the Biden administration’s massive deficit spending, warning that unless steps are taken to slow down the growth of America’s national debt, the U.S. dollar will become worthless. President Joe Biden (L) at the White House in Washington, on July 8, 2022; Tesla head Elon […]

Boeing Supplier Spirit Aerosystems Sues To Block Texas Safety Probe The same day that a second Boeing-linked whistleblower death on Tuesday, supplier Spirit Aerosystems filed a lawsuit against Texas Attorney General Ken Paxton after he opened a safety probe into the company in late March. Filed in Austin, Spirit is alleging that Paxton’s demand for internal documents and other information is unlawful, and violates their right […]

Biden’s New Carbon Capture Mandates Will Cause Blackouts, Increases Prices By Mish Shedlock of MishTalk The lie of the day is from the EPA: Carbon capture will pay for itself (thanks to IRA subsidies). No, it won’t even with subsidies. Expect blackouts and a higher price for electricity. Suite of Standards to Raise Costs, Reduce Output Let’s take a dive into the EPA news release Biden-Harris Administration Finalizes Suite […]

Yen’s First Intervention Rally Owed Very Little to Short Squeeze By Garfield Reynolds, Bloomberg Markets Live reporter and strategist The first of Japan’s apparent twin interventions last week may have capped USD/JPY for some time to keep the pair under 160. But that had very little to do with flushing out yen short positioning at least with the initial move. Large speculators as covered by CFTC data through last Tuesday were […]

Marine Vet With PTSD Given More Than 5 Years In Prison, Fined $200,000 Over Jan. 6 Authored by Joseph M. Hanneman via The Epoch Times (emphasis ours), Ryan Taylor Nichols, a Marine Corps veteran and disaster-rescue specialist who argued that post-traumatic stress drove his behavior at the U.S. Capitol on Jan. 6, was sentenced on May 2 to more than five years in prison and fined $200,000 for assaulting police and obstruction of an […]

Texas AG Threatens “Every Possible Response” After Defiant Austin Allows “Gender Affirming” Care For Minors Texas Attorney General Ken Paxton has responded to a defiant decision by the Austin City Council (ACC), which voted on Thursday to ignore a state law which prohibits “gender transitioning or gender reassignment procedure or treatment” for minors under the age of 18. In a 10-1 vote, the ACC passed the resolution which […]

Appeals Court Hammers Prosecution About FBI Conduct In Whitmer Kidnap Plot Authored by Ken Silva via Headline USA, The much-anticipated appeal hearing was held Thursday for Barry Croft and Adam Fox, the alleged “ringleaders” of the 2020 militia conspiracy to kidnap Michigan Gov. Gretchen Whitmer. This combo of images provided by the Kent County, Mich., Jail shows Barry Croft Jr., left, and Adam Fox. / PHOTO: AP Croft and […]

There Is Nothing Exceptional About US “Exceptionalism” By Peter Tchir of Academy Securities On Friday, after the jobs report, we heard a lot of chatter about “Goldilocks.” While we wrote NFP – Great for Markets, we caveated that with – for now. Normally we would agree that there is a “transition” period from “everything is great,” to “everything is bad.” While I’m not saying that everything is bad, I do wonder […]

“People Will Be Teleporting Between Planets” Before California Finishes High-Speed Rail Project X users mocked the California High-Speed Rail Authority’s post on the social media platform, which celebrated building a bridge that goes nowhere.  “The Fresno River Viaduct in Madera County is one of the first completed high-speed rail structures. At nearly 1,600 feet long, high-speed trains will travel over the riverbed […]

“Economics Works In Mysterious Ways”: Is China’s Wealth Effect Being Substituted? By Teeuwe Mevissen, Senior Macro Strategist at Rabobank Is the wealth effect being substituted? Summary China’s real estate market suffered heavy losses early this year while stock market investors continue to face huge uncertainty. This will add to the deterioration of household balances and as such could influence private domestic (consumer) […]

The Ideological Roots Of The Open Borders Push Authored by Simon Hankinson via The Epoch Times, Why does the Biden administration want open borders? As a researcher and writer on immigration, that’s the question I often get asked. Here are the three reasons I think are behind President Joe Biden’s deliberate border chaos: electoral politics, extortion, and, most insidiously, ideology. I’ll start with […]

The World’s Fastest Growing Emerging Markets (2024-2029 Forecast) Large emerging markets are forecast to play a greater role in powering global economic growth in the future, driven by demographic shifts and a growing consumer class. At the same time, many smaller nations are projected to see their economies grow at double the global average over the next five years due to rich natural resource deposits among other factors. That […]

Pritzker Doubles-Down With $827 Million Taxpayer Handout To Troubled EV-Maker Rivian Authored by Mark Glennon via Wirepoints.org, At $1.5 million per job, this new incentive package from the state is at least 15 times the norm. For this much money, the state could have just handed out a million bucks to 827 people, instead of creating 550 jobs. Gov. JB Pritzker announced Thursday that the State of Illinois will provide an $827 […]

Man vs Bear Debate: The Dumbest Feminist Argument Yet? When it comes to identifiable differences in female vs male psychology as well as differences in brain biology, as a general rule and as most studies show women focus far more on feelings than men do.  Specifically, women tend to be more sensitive to negative emotions and negative imagery.  Obviously, men and women are not the same, never have been the same and never will be […]