The US president says Fifa "made the right decision" to suspend Folarin Balogun's one-match ban, adding that otherwise, it would have left a "big stain" on the World Cup. Continue Reading »

Fans powered through a 02:00 BST kick-off gathering in packed pubs, watching from home, or later on at school. Continue Reading »

Royal sources say the Duke of Sussex had not responded to the offer of accommodation at a Royal residence by the deadline last week. Continue Reading »

Temperatures in the UK could reach above 30C for 10 consecutive days during the third heatwave of the summer Continue Reading »

The Reform UK leader is in the news and at the heart of the headlines are questions about power, transparency and money. Continue Reading »

Microsoft is cutting jobs in its commercial business and its Xbox gaming group, where revenue has been shrinking. Continue Reading »

Trump rang the bell in the Oval Office to open Monday's trading as he launched investment accounts for babies born from 2025 through 2028.   Continue Reading »

"I didn't know what the hell a red card was," said Trump, who called FIFA President Gianni Infantino about the suspension of Folarin Balogun. Continue Reading »

Klarna joins a wave of fintech and crypto firms seeking entry to the traditional banking system. Continue Reading »

President Donald Trump told CNBC's Joe Kernen last week that he thought SpaceX CEO Elon Musk would donate company stock to the program. Continue Reading »

Par AFP © 2026 AFP La Bourse de New York a ouvert en hausse lundi, les investisseurs américains actant leur retour sur le marché boursier après un weekend prolongé par des achats de valeurs technologiques, en particulier du côté des semi-conducteurs.Dans les premiers échanges, le Dow Jones gagnait 0,15%, l'indice Nasdaq à forte coloration technologique prenait 0,65% et l'indice élargi S&P 500 s'octroyait 0,40%.Nasdaq Continue Reading »

Par AFP © 2026 AFP Promise aux sprinteurs-baroudeurs, la quatrième étape du Tour de France, mardi entre Carcassonne et Foix, va se courir sous des températures caniculaires qui mettront les organismes à rude épreuve.Météo France prévoit 37 degrés à l'ombre au départ et 38 degrés à l'arrivée de cette étape accidentée, longue de 191,9 km avec un dénivelé positif de 2.700 m.Les coureurs sont rompus aux fortes chaleurs et il faisait déjà 40 degrés lors de l'arrivée d'une étape du Tour en 2022 dans la cité audoise.Mais la canicule risque de jouer un rôle important durant la traversée du Pays cathare et des reliefs ariégeois, lors d'une journée qui devrait se jouer entre une échappée de baroudeurs et les quelques sprinteurs qui auront éventuellement réussi à passer les quatre ascensions répertoriées.Le col de Montségur (6,9 km à 6,6%) en particulier devrait permettre d'opérer un gros tri à 34 km de l'arrivée au pied du château de Foix."Sur le papier, on pourrait penser à un sprint à la fin. Mais ça va être très compliqué. Je ne sais pas s'il y a des sprinteurs qui vont être capables de passer le col de Montségur et d'avoir une équipe assez ... Continue Reading »

Par AFP Par Maher AL MOUNES © 2026 AFP Sur la route menant de l'aéroport à Damas, les drapeaux français et syriens flottent côte à côte, dans l'attente de la visite du président Emmanuel Macron dont des Syriens espèrent des retombées économiques pour leur pays dévasté.La présidence syrienne a annoncé dimanche qu'Emmanuel Macron était attendu dans la capitale, sans préciser la date de sa venue, qui sera la première d'un chef d'Etat d'une puissance occidentale depuis la chute de Bachar al-Assad."Nous espérons que cette visite marquera un nouveau départ pour la Syrie", dit à l'AFP Fayçal Azouz, un instituteur à la retraite de 76 ans, assis dans un café du centre du Damas.Il estime qu'elle pourrait "ouvrir de nouvelles perspectives dans les relations économiques, culturelles ou politiques" entre les deux pays.La Syrie sort épuisée d'une longue guerre civile, à laquelle la prise du pouvoir en décembre 2024 par une coalition islamiste a mis fin.Depuis, les autorités s'emploient à réunifier le pays morcelé par le conflit et à rebâtir ses institutions.Le coût de la reconstruction a été estimé à plus de 216 milliards de dollars par la Banque mondiale et les fonds se font attendre, malgré une stabilisation relative de ... Continue Reading »

Par Benjamin Beraud Détenu par Israël depuis 555 jours, le pédiatre palestinien et ancien directeur d'hôpital, Hussam Abu Safiya, est en danger de mort, s'alarme son fils. Il avait été arrêté sous le régime israélien des "combattants illégaux", qui permet l’emprisonnement illimité de Palestiniens sans inculpation ni procès. Détenu par Israël depuis 555 jours, le pédiatre palestinien et ancien directeur d'hôpital, Hussam Abu Safiya, est en danger de mort, s'alarme son fils. Il avait été arrêté sous le régime israélien des "combattants illégaux", qui permet l’emprisonnement illimité de Palestiniens sans inculpation ni procès."C’est la dernière fois que vous me voyez." Ces mots sont ceux du docteur palestinien Hussam Abu Safiya, rapportés par son avocat, Nasser Odeh. Il a pu rendre visite à son client ce vendredi 3 juillet. Détenu par l'armée israélienne depuis décembre 2024, le docteur aurait perdu une quarantaine de kilos. L'avocat décrit un homme méconnaissable, très amaigri.Dans la foulée, ce dimanche, Elyas Abu Safiya, le ... Continue Reading »

Par AFP © 2026 AFP Un homme suspecté d'être à l'origine de neuf départs de feu dimanche dans l'Hérault a été placé en garde à vue, en pleine vague d'incendies dans le sud de la France, a indiqué lundi une source proche de l'enquête.Cet homme a été repéré alors qu'il circulait en voiture par des habitants du village de Coulobres, près de Béziers. Il a été interpellé par les gendarmes de Servian dans la soirée de dimanche alors qu'il arrivait, cette fois à scooter, dans la localité voisine d'Abeilhan, selon cette source ayant requis l'anonymat.Il est suspecté d'avoir provoqué neuf départs de feux signalés dimanche dans cette plaine viticole située entre Béziers et Pézenas, qui n'ont pas fait de dégâts majeurs, selon la même source.Sollicité par l'AFP, le parquet de Béziers n'a pas réagi dans l'immédiat.Une jeune pompière a été "légèrement blessée" dimanche soir sur un incendie dans l'Hérault, à Carlencas-et-Levas, selon le Sdis34, dont un porte-parole a précisé qu'elle était rentrée chez elle après avoir été soignée à l'hôpital.En fin de matinée lundi, la "tête de feu" de cet incendie avait été cassée et seul l'arrière du feu restait "actif et difficilement accessible". Le sinistre a parcouru ... Continue Reading »

Russia says it has carried out a new large-scale missile and drone attack on military sites in Kiev Read Full Article at RT.com Continue Reading »

Russia has shipped more than 850,000 tons of wheat to Tanzania, up 16% from a year earlier, Agroexport has said Read Full Article at RT.com Continue Reading »

Six killed as heavy monsoon rains batter Mumbai, India with flooding and landslides Read Full Article at RT.com Continue Reading »

British police chiefs should abandon “woke” politics and focus solely on preventing crime, a new government-backed report has determined Read Full Article at RT.com Continue Reading »

South Africa’s president has said his country is becoming a continental cloud and AI gateway as global tech firms expand investment Read Full Article at RT.com Continue Reading »

Олимпийский чемпион отметил, что старается жить полноценной жизнью Continue Reading »

Это говорит о полном отрицании Владимиром Зеленским человеколюбия, его бесчеловечности, крайней жестокости и презрении к личности, считает парламентарий Continue Reading »

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Ему было 82 года Continue Reading »

В регионе ранее произошли взрывы Continue Reading »

LIONS ROAR: ENGLAND SILENCES MEXICO... (Top headline, 1st story, link) Drudge Report Feed needs your support!   Become a Patron Continue Reading »

TRUMP CARD: WORLD CUP CHEATS FOR USA? (Main headline, 1st story, link) Related stories:FIFA SPARKS FURORBELGIUM CHALLENGESSHOWDOWN IN SEATTLE Continue Reading »

FIFA SPARKS FUROR (Main headline, 2nd story, link) Related stories:TRUMP CARD: WORLD CUP CHEATS FOR USA?BELGIUM CHALLENGESSHOWDOWN IN SEATTLE Continue Reading »

BELGIUM CHALLENGES (Main headline, 3rd story, link) Related stories:TRUMP CARD: WORLD CUP CHEATS FOR USA?FIFA SPARKS FURORSHOWDOWN IN SEATTLE Drudge Report Feed needs your support!   Become a Patron Continue Reading »

SHOWDOWN IN SEATTLE (Main headline, 4th story, link) Related stories:TRUMP CARD: WORLD CUP CHEATS FOR USA?FIFA SPARKS FURORBELGIUM CHALLENGES Continue Reading »

Salah has previously taken flak from Egypt fans but now leads an undefeated team into the round of 16 to face Argentina. Continue Reading »

Israel continues to strike targets in southern Lebanon despite US-brokered ceasefire agreement. Continue Reading »

Shielding US commitments to Israel from congressional scrutiny would be harmful for both countries. Continue Reading »

A 330 million pound NHS contract - and Palantir's wider role in UK government - hangs on Andy Burnham's next move. Continue Reading »

A Palestinian technocratic committee will take its place to manage the enclave's day-to-day governance. Continue Reading »

Witkoff and Kushner head to Doha for meetings on the Strait of Hormuz crisis, while Tehran denies direct negotiations with Washington and keeps pressing its claim over shipping in the strategic waterway Continue Reading »

The confrontation near the village of Abdin began with gunfire toward Israeli troops and escalated into artillery and helicopter fire, forcing residents to flee and raising new questions about Israel’s presence in southern Syria Continue Reading »

Vadym Yermolaiev, his wife and their 13-year-old son are reportedly in critical condition after a shrapnel-filled bomb exploded outside their Monaco home Continue Reading »

Before vanishing in Laos, Masanobu Tsuji helped engineer Japan’s stunning conquest of Malaya and Singapore, fled Allied war-crimes prosecutors, rewrote his own legend in best-selling books and won a seat in parliament Continue Reading »

While Turkey and Azerbaijan sharply condemned the Israeli government’s move, Armenian Prime Minister Nikol Pashinyan said Yerevan sees no need to respond and will not turn the genocide into a political weapon Continue Reading »

The American striker Folarin Balogun is eligible to play in a World Cup match against Belgium on Monday night after soccer officials reversed his one-game ban. Continue Reading »

The reversal of Folarin Balogun’s World Cup suspension is highly unusual. It was the first time since 1962 that FIFA has nullified a suspension for a red card received during the World Cup. Continue Reading »

Plus, an unusual World Cup reversal. Continue Reading »

As President Trump cools on the alliance, its members see Turkey’s large military and vibrant defense sector as assets. Continue Reading »

Ballistic missiles were fired into the capital of Ukraine as Russia launched its second major attack in less than a week. At least 12 people were killed, officials said. Continue Reading »

The Chinese upstart says it has trained high-performing AI models cheaply, without using the most advanced chips. Continue Reading »

DeepSeek, SoFi and more in the latest Market Talks covering Technology, Media and Telecom. Continue Reading »

DeepSeek is called “amazing and impressive” despite working with less-advanced chips. Continue Reading »

The LinkedIn co-founder is starting Manas AI with “The Emperor of All Maladies” author Siddhartha Mukherjee. Continue Reading »

Apps can add flexibility and freshness to your routine. Just try not to get injured. Continue Reading »

Israel allowed displaced Gazans to begin crossing a military zone that bisects the enclave after a deadlock over hostage releases was broken. Continue Reading »

Troubles at Vanke raise questions about the continued spread of the property crisis and whether the Chinese state will step in. Continue Reading »

Some of the women were held alone for extended periods and spent eight months in tunnels, an Israeli medical official said. Continue Reading »

The alliance mounted its first coordinated response to a suspected sabotage campaign against critical infrastructure after another cable was severed in the Baltic Sea. Continue Reading »

Residents of Goma reported gunfire and shelling after rebels overran Congolese troops. U.N. officials estimated that more than one million displaced people were now inside the city. Continue Reading »

The outgoing and incoming prime ministers are already at odds over letting fans drink in the stands. Continue Reading »

Prime minister Keir Starmer stayed up late to watch England defeat Mexico. Continue Reading »

A rush of Belgian politicians, European sporting officials and EU leadership have questioned the White House's role in the disciplinary judgment. Continue Reading »

The group is racing to prove that it can win competitive statewide races, channeling staff, star surrogates and resources toward Michigan and Wisconsin. Continue Reading »

President Donald Trump got involved minutes after the U.S. striker received a red card that would have banned him from a crucial match. Continue Reading »

As Democrats wrestled with how to handle a politically thorny vote, Jeffries offered caucus forums but little guidance. Continue Reading »

The minority leader is letting his caucus hash out their Israel disagreements over a series of private conversations, withholding his own guidance for now. Continue Reading »

Dozens of lawmakers in both parties and chambers are clamoring to serve on the powerful panels in 2027. Continue Reading »

Details of the former Republican majority leader’s condition, and the reason for the hospitalization, were not disclosed. Continue Reading »

The panel, in a statement, said these records should be released by another congressional office. Continue Reading »

The first lady has attempted to evolve the office to pursue her vision. Continue Reading »

Trump's former White House chief strategist argues the U.S. is in a transformational political moment — and leadership in both parties are way behind. Continue Reading »

The 24/7 command center offers a rare window into the machinery and threat assessments that underpin the largest sporting event ever staged in North America. Continue Reading »

In the hours after the Supreme Court defeat, White House aides and allies discussed a number of policy options. Continue Reading »

A group of Trump advisers, Cabinet secretaries and MAHA farmers came to the Oval Office for a signing ceremony on an executive order they championed. A deep-pocketed opponent was waiting to argue them down. Continue Reading »

As Americans celebrated 250 years of independence on the Fourth of July, Iran began the days-long funeral for the Ayatollah Ali Khamenei, who was killed at the beginning of the Iran war in February. Thousands of mourners gathered for the funeral in Tehran on Saturday. Khamenei, who had headed the Islamic regime since 1989, died on February 28 in a joint U.S.-Israeli airstrike in the opening volley of Operation Epic Fury, known in Israel as Operation Roaring Lion. Pro-regime demonstrators carried signs calling for the end of the U.S.A. and urging, "Kill Trump." The crowd also chanted, "Death to Israel" and "Death to America."... Continue Reading »

The billionaires are not the problem, and neither is the trillionaire — but Democrats disagree. There are incessant denunciations of billionaires from the Democrats' Bernie Sanders wing, which has seized control of the party. Their fulminations against wealth became louder still when SpaceX going public pushed Elon Musk's estimated net worth over $1 trillion. One congressman whined, "Trillionaires shouldn't exist in a moral society."... Continue Reading »

Around 10:30 p.m. on July 3, Sean Long saw his phone light up with an incoming call from Anna Liu, wife of Jin "Ezra" Mingri, senior pastor of China's Zion Church. When Long answered, he was surprised to hear the voice of Jin, who had been detained since October 9, on the other end of the line. Jin told Long, who was acting senior pastor in Jin's absence, that Chinese authorities had unexpectedly released him from prison and he had just arrived in Los Angeles, reuniting with his wife, daughter, and two sons for the first time in years... Continue Reading »

White House Office of Management and Budget Director Russell Vought is testifying before a House appropriations subcommittee on Tuesday. The congressional hearing will focus on the Trump administration's federal spending and budget priorities... Continue Reading »

The day after twin earthquakes rocked northern Venezuela, Presbyterian Pastor Ricardo Corzo Moreno was doing two jobs at once: calming his family through the aftershocks and helping launch a 24-hour prayer and collection center for survivors. For days after the June 24 quakes, as aftershocks rocked Caracas, his family took turns staying awake in case they needed to flee their building. Eight-year-old Miranda didn't sleep through the night until Tuesday (June 30), when the family brought the children to relatives in Barquisimeto, more than 200 miles away. "Not even in my worst nightmares did I imagine a situation as apocalyptic as the current one," Corzo Moreno said in Spanish... Continue Reading »

The history of America is written not only in its great cities and skyscrapers. It can be found in Appalachian hollows, along the banks of the Mississippi, in southwestern deserts and on the prairies of the High Plains. Small towns and rural communities have contributed much to the epic narrative of our nation. As we celebrate 250 years of American independence, it is worth looking back at some of the small towns which have made us who we are. While places like Selma, Alabama, and Kitty Hawk, North Carolina, are etched in the American memory, other small towns are just as consequential... Continue Reading »

President Donald Trump is marking the launch of new investment accounts for children during an event at the White House on Monday morning. Trump hosted officials from the New York Stock Exchange and Nasdaq in the Oval Office as he rang the opening bell on the first day of trading for "Trump Accounts." "Trump Accounts are absolutely incredible for children," Trump said. "They come into the world with no money and by a certain age end up rich."... Continue Reading »

A sour, anti-incumbent mood is sweeping across the nation on its 250th anniversary in what political analysts say is an especially troubling sign for Republican control of the House and Senate, given President Trump's slumping approval rating. Rising voter anger with the status quo has hit both parties, with eight House incumbents — five Democrats and three Republicans — losing primary races this year in addition to two GOP Senate incumbents, Sens. Bill Cassidy (La.) and John Cornyn (Texas)... Continue Reading »

This is JD Vance's summer: The vice president penned a bestselling book, helped broker a tentative peace deal with Iran, embarked on a media blitz and — most importantly for him — impressed the man in the Oval Office. Why it matters: Vance's performances on TV, in polls and on the global chessboard underscore how — at least at this moment — the VP looks like... Continue Reading »

At least 11 people were killed as Russia launched a wave of missiles and drones at Ukraine's capital Kyiv, officials said, hours before President Volodymyr Zelenskyy was set to plead for more firepower at NATO summit in Turkey. All of the ballistic missiles launched by Russia struck their targets, underscoring Kyiv's shortage of Patriot interceptor missiles. The attack came hours after Zelenskyy warned that a large-scale attack was imminent... Continue Reading »

When Erika Kirk, the widow of slain conservative activist Charlie Kirk, takes her seat in the gallery of the courtroom on Monday, she will be there to watch the state make its case against Tyler Robinson, the man accused of killing her husband. Two dozen members of the public allowed in the courtroom, along with thousands more people online, will have eyes on Erika Kirk during the week-long preliminary hearing. A growing chorus of conspiracists and their followers will be examining the widow — and new CEO of Turning Point USA — for proof of the outlandish theories that have proliferated in the wake of Charlie Kirk's alleged assassination last September, including baseless claims that she helped orchestrate or cover up his killing... Continue Reading »

The story of Garrincha's red card in the 1962 World Cup is the stuff of legend. The Brazilian great was sent off in the semi-finals for lashing out at an opponent, but back then, Fifa had no automatic one-match suspension in place. So a disciplinary committee convened the next day to decide his fate for the final. As the story goes, the assistant referee who had the best view of the offense was paid off and disappeared, and the president of Chile, the tournament's host, put in a call to Fifa, urging them to decide against any additional suspension. He did so for the sake of keeping one of the tournament's most entertaining players on the field. Garrincha emerged scot-free, and Brazil... Continue Reading »

A missing 14-year-old girl was rescued last Monday night from a drug-filled motel room in Memphis, Tennessee, in what police are investigating as a child trafficking incident. The man found with the child was arrested and taken away by a swath of federal, state, and local police on site. That man is among roughly 10,600 people who have been arrested in Memphis by the Memphis Safe Task Force in its nine months of operation in America's most crime-ridden city, according to Gadyaces Serralta, the government official overseeing the operation. Continue Reading »

Ankara will use its turn hosting the NATO summit this week to market its drones and air-defense systems, turning a meeting about how much allies spend on defense into a showcase for Turkey's weapons industry. NATO leaders will meet inside the Bestepe Presidential Complex, the palace of more than 1,000 rooms that President Recep Tayyip Erdogan built as the seat of his power. Nearby, at the ATO Congresium, a convention center in Sogutozu, the alliance's Defense Industry Forum will open its doors alongside a Turkish arms exhibition organized by the government's defense procurement agency. NATO Secretary-General Mark Rutte has billed the forum as the largest industrial event in NATO's history, with allies set to announce tens of billions of dollars in defense deals. Continue Reading »

Five or 10 years ago, Taylor Swift's marriage to NFL player Travis Kelce at Madison Square Garden on Friday would have been treated as America's answer to the Windsors. It would have been William and Kate in 2011, or Harry and Meghan in 2018 — a royal wedding with better Spotify numbers. The pop princess and the football prince seem genetically engineered in a secret lab beneath Disney World to provide the United States with a day of uncomplicated national swooning. Continue Reading »

A sour, anti-incumbent mood is sweeping across the nation on its 250th anniversary in what political analysts say is an especially troubling sign for Republican control of the House and Senate, given President Trump's slumping approval rating. Rising voter anger with the status quo has hit both parties, with eight House incumbents — five Democrats and three Republicans — losing primary races this year in addition to two GOP Senate incumbents, Sens. Bill Cassidy (La.) and John Cornyn (Texas). Continue Reading »

The Democratic Party's progressive wing is claiming new momentum in Michigan. State Sen. Mallory McMorrow dropped her Senate bid on Sunday, narrowing the Democratic primary for an open seat to Abdul El-Sayed and Rep. Haley Stevens, D-Mich. Continue Reading »

A crowd of millions assembled on Monday for the funeral procession of Iran's assassinated supreme leader, Ali Khamenei. The scale and depth of the march, however engineered, represents an extraordinary turnaround for a country that only seven months ago was gripped by street protests at which thousands of people were killed by government security forces. Many will say the assembly was a monument to a misconceived war launched on Iran by Donald Trump in February. Continue Reading »

Thousands of people are on the streets in Tehran for the funeral procession for Iran's former Supreme Leader Ayatollah Ali Khamenei Crowds have been making their way through the Iranian capital since the early hours of Monday, with people seen waving flags and holding up pictures of the late ayatollah Continue Reading »

Vice President JD Vance and CENTCOM used America's 250th anniversary to salute U.S. troops and founding ideals while Washington monitors the fragile Iran ceasefire and Strait of Hormuz tensions. Iran warned the U.S. and Israel against any "miscalculation" during Khamenei's funeral, as mourners in Tehran chanted "Death to America" and vowed revenge. Continue Reading »

Key Events This Week: ISM, FOMC Minutes And Fed Speakers The week after payrolls is usually a quieter affair but there's plenty of global events even if the US calendar is light. In terms of the main highlights, given the current focus on monetary policy the FOMC minutes (Wednesday) and the ECB’s June meeting account (Thursday) will be carefully watched, especially the former given it was the first of the new Warsh regime. Speeches from Fed Governors Waller (Monday), Williams and Logan (Thursday) will provide a more "live" update to the committees' thinking. Elsewhere, China inflation data (Thursday) and a run of German activity indicators including factory orders (today), industrial production (tomorrow) and trade (Thursday) are worth tracking. German reforms in recent weeks have offered some renewed optimism that we will finally see the benefits of the huge fiscal spending and reform agenda after skepticism had been building. Geopolitically, the NATO summit (Tuesday–Wednesday) will also be in focus, with Trump in attendance, and could generate plenty of headlines. In terms of other data and events, today sees ISM services (Monday) which follows the recent weakness in manufacturing, where DB economists expect ... Continue Reading »

Russia & Ukraine Trade Some Of Biggest Strikes Of War On Eve Of NATO Summit Russia has unleashed another massive drone and missile attack wave on Ukraine's capital, just on the eve of the major annual NATO summit, which is in Ankara, Turkey this week. Over a dozen people were killed, with heavy damage against residential structures observed. The death toll could rise, but "In total, 14 people have died and 117 have been injured in Kyiv," the office of the attorney general said on Monday morning. Rescue crews have been retrieving bodies from under rubble throughout Monday. via Associated Press The Russian Defense ‌Ministry announced that it used long-range weapons ‌and drones to carry out a "massive" attack on ​Kiev and other cities, saying that military bases and energy facilities were successfully struck. According to details of the timing of the attack wave: The Kyiv Independent reported that the first explosions were heard at about 1:40am local time, followed by more strikes at 2:10am and 3:15am. Thousands of residents fled to underground shelters, it reported, as air raid sirens sounded across Ukraine. At least 15 buildings were damaged in Kyiv in the strikes, including ... Continue Reading »

When A Toll Isn't A Toll By Benjamin Picton, senior market strategist at Rabobank When A Toll Isn't A Toll Yields on 10-year Treasuries finished last week up 11bps to 4.48% while yields on 10-year Bunds rose 8.5bps to 2.93%. Those higher borrowing costs came despite signs of weakening in the US jobs market, a weaker-than-expected prices paid figure on the ISM manufacturing index, and a surprisingly weak Eurozone CPI inflation report that follows in the wake of lower than expected inflation readings in the UK. Market-based expectations of the future path of the Fed Funds rate finished the week a little lower than it started, with pricing of a future rate hike pushed out from October to December. 2-year Treasury yields fell by almost 4bps on Thursday after the payrolls report confirmed hiring in June was little better than half the expected figure. This was still enough for the unemployment rate to tick down to 4.2% as a lower participation rate saw the labor force contract. Nevertheless, 2-year yields were higher across the week as sovereign curves bear-steepened. Brent crude posted its first weekly gain in almost a month last week to see ... Continue Reading »

Porsche To Eliminate 4,000 Jobs In Germany: Report Germany was once the industrial engine of Europe, but years of disastrous climate change policies, high energy costs, and left-wing economic mismanagement have battered its manufacturing base. This pressure has been roiling the country's auto industry, where struggling carmakers are restructuring operations through workforce reductions, production cuts, and capacity reductions. Germany's top financial newspaper, Handelsblatt, reports that Porsche is preparing another round of deep job cuts at its main factories as the sports car maker grapples with weak demand. The company is considering eliminating as many as 4,000 additional jobs at its Zuffenhausen plant, the outlet said, citing people familiar with the matter. These reductions would come on top of previously agreed cuts impacting 3,900 jobs. Porsche's Zuffenhausen plant in Stuttgart is home to the brand's core sports car production lines, including the 911, 718, and Taycan. Administration and management roles are expected to be reduced the most, while Porsche may also cut capacity at its Weissach development site by up to 30%. Last month, Porsche CEO Michael Leiters said the company plans to produce at a lower capacity than the roughly 280,000 cars sold ... Continue Reading »

Saylor's Strategy Sells 3,588 Bitcoin To Cover Preferred Dividends Authored by Micah Zimmerman via Bitcoin Magazine.com, Strategy sold 3,588 bitcoin for $216 million to fund dividends on its preferred securities, the company disclosed in a Form 8-K on July 6, 2026. The sale marks the largest bitcoin disposal in the company’s history and its most direct admission that its dividend obligations now shape its treasury. Chairman Michael Saylor posted about the transaction on social media. As of July 5, the company held 843,775 bitcoin in its reserves and $2.55 billion in cash. Saylor said the proceeds covered second-quarter dividends on four preferred instruments and the full June payment on a fifth. The disclosed sale funded quarterly dividends on STRF, STRE, STRK, and STRD. It also covered the monthly dividend on STRC. Together these securities form the core of what Strategy calls its Digital Credit business. Each instrument carries a distinct payout structure. STRF, the senior tier, pays a fixed 10% annual dividend on a $100 stated amount. STRE pays 10% a year on a €100 stated amount, denominated in euros.  STRK pays 8% and converts to common stock if shares reach $1,000. STRD pays 10% but is not cumulative, giving the ... Continue Reading »

Futures Rise As Tech Rebounds In Post-Holiday Catch Up US equity futures point to a firmer cash open as traders return from the long weekend, but the bigger question is whether investors continue to rotate out of the crowded AI trade and into the broader market.  As of 8:00am ET, S&P futures rise 0.4%, while Nasdaq 100 contract rise 1.1% as most Mag 7 names are in the green.  In premarket trading, chip/memory stocks rebound from last week's rout which follows the an 18% plunge in the GS High Beta Momentum (GSPRHIMO) basket over the last two sessions, on track for 2nd worst month in >15 years. This follows an APAC session on Monday which took a more downbeat view of the tech sector; South Korea’s Kospi index fell, having gained as much as 3% earlier. Memory chipmaker Samsung Electronics’s preliminary earnings Tuesday will provide further clues on demand for AI infrastructure and the durability of the sector’s growth narrative. The MSCI APAC index fell as much as 0.7% before returning to the unchanged mark. The Stoxx 600 has just slipped into negative territory, down 0.1%, after hitting another record high earlier in the ... Continue Reading »

China CXMT Testing Production Line for Next-Gen Bonded DRAM, Closing Tech Gap With Korea "Far Faster Than Expected" According to Korea's Hankgyung, China’s largest memory company, CXMT, which is preparing to IPO in the coming weeks, is currently testing a pilot production line for bonded DRAM in Hefei (the heart of China's semiconductor industry), aiming to achieve high-performance DRAM without using advanced EUV lithography, which is currently monopolized by Dutch ASML and faces unprecedented export controls (although according to Reuters, China has already built a prototype EUV machine). Bonded DRAM is a technology in which the memory cell array and the peripheral circuitry are fabricated on separate wafers and then bonded together, as explained here. This approach enables the production of ultra-high-density DRAM using only deep ultraviolet (DUV) lithography with multi-patterning, eliminating the need for EUV tools. Samsung Electronics is also developing its own bonded DRAM under the “B1b” project, while SK Hynix is pursuing a similar technology. However, Korean media warn that there are assessments suggesting CXMT may currently hold an edge over its Korean rivals in both the technology itself and the speed of development. According to the Korean outlet, Chinese ... Continue Reading »

Trump Shares Image Of $100 Bill Featuring His Signature President Donald Trump posted a photo of a $100 bill bearing his signature on Truth Social on July 3, presenting the first paper currency to be signed by a living president. Trump didn’t add a comment to the post, but the Treasury Department chimed in. “Under President Trump’s leadership, we are on a path toward unprecedented economic growth, lasting dollar dominance, and fiscal strength and stability,” Treasury Secretary Scott Bessent posted on X on July 4. “There is no more powerful way to recognize the historic achievements of our great country and President Donald J. Trump than U.S dollar bills bearing his signature, and it is only appropriate that this historic currency be issued at the Semiquincentennial.” Under President Trump’s leadership, we are on a path toward unprecedented economic growth, lasting dollar dominance, and fiscal strength and stability. There is no more powerful way to recognize the historic achievements of our great country and President Donald J. Trump than U.S… pic.twitter.com/4dvhML2f7h — Treasury Secretary Scott Bessent (@SecScottBessent) July 4, 2026 As Tom Gantert reports for The Epoch Times, the Treasury announced in March that Trump’s signature ... Continue Reading »

"I Can Negotiate": Castro's Grandson Says He's Ready To Discuss Cuba's Future With President Trump Raúl Guillermo Rodríguez Castro, former Cuban president Castro's grandson and one of the more important shadow figures inside Cuba's communist ruling circle, told USA Today in an exclusive interview that he is prepared to speak directly with President Trump, signaling publicly a potential back-channel opening as the Trump administration intensifies economic pressure on Havana. "I've never been interested in politics. It's never been a calling of mine," Rodríguez Castro told the outlet over the course of several days in June in Havana. "But if at some point the revolution needs me to step up, I will do it." He said that he would never abandon the principles of Cuba's 1959 revolution or the nation's sovereignty. Rodríguez Castro is a lesser-known figure outside Havana's communist circles. He holds no formal government position, rarely appears on state television and has never spoken to a US news outlet before. But the Castro family name gives him unique status inside Havana's opaque power structure and the ability to act as a back-channel liaison with access to the island's communist elite. Now, ... Continue Reading »

"Should Never Have Happened": Illegal Alien Truck Driver Kills Pennsylvania Trooper Submitted by American Truckers United, A Pennsylvania State trooper is the latest victim of the trucking industry's open borders experiment. This dangerous policy began under the Biden-Harris regime when hundreds of thousands of illegal aliens were issued CDLs, mostly from ten states. The fast-tracking of CDLs for illegal aliens has flooded the industry with drivers who may lack the necessary training, language proficiency, or commitment to American safety standards, endangering lives on our highways every day. Shockingly, this experiment is still running. 🚨Truck Driver responsible for the death of Pennsylvania state trooper now a confirmed illegal alien from Haiti Source - Boston Herald Link Below👇 pic.twitter.com/4oXFTg7Jh4 — American Truckers United (@atutruckers) July 3, 2026 Trooper Michael E. Pahira, Jr., 44, was inspecting a semitruck on Interstate 81 on July 1, 2026, when another truck went off the roadway and hit the first vehicle, creating a domino effect and striking the officer. Pahira's patrol car was parked behind the cab with its emergency lights on as he inspected the vehicle parked on the right shoulder in Cass Township when the deadly chain reaction occurred. ... Continue Reading »

Citi Expects Oil To Sink To $60 As Hormuz Traffic Normalizes Brent Crude prices could plunge to as low as $60 per barrel by the end of the year, according to the latest note from Citi's commodity research team which expects flows through the Strait of Hormuz to soon normalize and the US and Iran to reach a deal in the coming months. "Fundamentals are rapidly reasserting themselves as Hormuz disruptions fade, with Brent back to the low $70s/bbl. While the US-Iran process remains fragile and disputes over Hormuz administration and transit fees persist, we expect the MOU to hold and turn into a deal over the coming months as incentives to de-escalate outweigh the alternative for the US, Iran, and much of the ME region. Shipping flows are normalizing, Chinese buyers remain absent, physical crude markets have weakened sharply, and inventories have drawn far less than expected," Citi’s Francesco Martoccia wrote in his latest note. "We continue to recommend selling any summer rallies and forecast Brent reaching $60 to $65 a barrel by the turn of the year," Citi analysts said in the note (available to pro subs). The investment bank has traditionally ... Continue Reading »

The Three SHTF Scenarios That Could Change The World Faster Than Anyone Expects! Authored by Madge Waggy, For decades, the greatest threats to global stability were often imagined as distant possibilities—events reserved for history books, military simulations or the darkest years of the Cold War. Today, that assumption is becoming increasingly difficult to defend. International defense spending has reached levels not seen in decades, armed conflicts continue to reshape regional security architectures, and governments across Europe, North America and Asia are investing heavily in civil defense, cybersecurity and the protection of critical infrastructure. These are not preparations made in anticipation of ordinary times, but responses to a world that has become measurably more volatile than it was only a few years ago. History offers a sobering reminder that societies are rarely transformed by a single catastrophic event. More often, they are changed by a sequence of crises that appear unrelated until they begin reinforcing one another—geopolitical confrontation, economic instability, infrastructure failures and the gradual erosion of public confidence. Whether viewed through the lens of preparedness, national security or historical precedent, one conclusion remains remarkably consistent: the most consequential moments are often recognized ... Continue Reading »

World Cup Fans Drive Spending Surge In These US Host Cities Bank of America has released new aggregated credit and debit card data showing that the World Cup is already driving a noticeable increase in retail spending activity across the tournament's 11 U.S. host cities. According to BofA analyst Aditya Bhave, brick-and-mortar spending at restaurants and bars in host cities rose 5.3% year over year in the three weeks ending June 27, outpacing the 3.8% gain seen across the rest of the U.S. Bhave noted that other forms of brick-and-mortar retail spending also accelerated in host cities, suggesting the tournament is providing a real-time boost for local restaurants, bars, and retailers. Boston and Miami were exceptions, with restaurant and bar spending remaining flat and other retail spending slowing. Bhave said both cities hosted Scotland group-stage games and suggested that a heavy inflow of Scottish fans may have crowded out local spending. Bhave noted that the data likely understates the full impact of the World Cup because it captures only spending by BofA customers. Professional subscribers can read more notes on consumer here at our new Marketdesk.ai portal.  Tyler ... Continue Reading »

LEGO Faces Backlash Over Pride-Themed Content Aimed At Kids Via American Greatness, The Denmark-based toy company LEGO is facing criticism after promoting Pride-themed content on social media and its website. Parents accused the company of introducing LGBT themes to a brand primarily marketed to children. Although LEGO produces some building sets for adults, the company markets most of its products to children. Many young consumers follow the brand on social media. In a recent Instagram post, LEGO celebrated Pride Month with the caption, “Pride moments built, brick by brick. Swipe to see more of our LEGO colleagues’ stories.” LEGO goes all out for lgbtq pride This is a toy brand for children!! They just posted this video promoting gay marriage and marching in Pride parades. THIS is what they’re pushing on kids. Absolutely disgusting! @LEGO_Group Parents, BEWARE! pic.twitter.com/TzqIN7V7eM — Libs of TikTok (@libsoftiktok) July 1, 2026 The accompanying slideshow featured LEGO minifigures recounting coming-out experiences, including one character attending a Pride parade and another depicting a male character proposing to his boyfriend. Parents and social media users criticized the post, with several calling for a boycott of the company. “LEGO is now openly pushing Pride parades, gay marriage, and rainbow ideology straight at children,” ... Continue Reading »

Soaring Imports Push India's Crude Stocks To Near 1-Year High India’s strategic and commercial crude oil inventories have jumped to a nearly one-year high as the world’s third-largest crude oil buyer boosted its imports to a record high in June, OilPrice reported. As at the end of June, India’s crude oil stocks held in strategic, commercial, and refinery storage had increased to 104 million barrels, up from 90.5 million barrels at the end of April, according to data from commodity intelligence provider Kpler cited by Indian outlet Economic Times. Before the Iran war began, India held 107 million in crude oil inventories as of the end of February—the highest end-month level for the previous 12 months. The war depleted inventories in March and April, before Indian refiners started raising imports from Russia and turn to Venezuela—both sources of supply that doesn’t need to transit the Strait of Hormuz. By June, stocks were recovering and nearing the level from before the Iran war. India imported a record high level of 5 million barrels per day (bpd) of crude oil in June, more than half of which - 2.6 million bpd - from Russia, thanks to ... Continue Reading »

More Defense Spending, More Climate Redistribution: The EU Spins A $2.2 Trillion Wealth Transfer Machine Submitted By Thomas Kolbe Negotiations over the European Commission's next seven-year budget are entering their decisive phase. Should Ursula von der Leyen and her allies succeed with their plans, Germany will once again shoulder a substantial financial burden. By now, however, Germans have become accustomed to that reality. Across the world, public debt levels are approaching dangerous flood marks. The global economy is effectively drowning in debt, with total public liabilities now exceeding 95% of global GDP. It is therefore only a matter of time before bond markets bring the debt party to an end, pushing interest rates—and with them debt-servicing costs—to levels governments can no longer afford. Such a reckoning would merely represent the logical consequence of political irresponsibility, contempt for taxpayers, and the megalomania of a political culture that continues expanding government on an ever-growing mountain of debt. A four-decade bull market in sovereign bonds, characterized by steadily declining yields, came to an end roughly four years ago. Since then, interest rates have been rising as investors gradually lose confidence in both the political direction ... Continue Reading »

The Unfinished Revolution: When Rights Become Privileges Authored by John & Nisha Whitehead via The Rutherford Institute, “What country can preserve its liberties if their rulers are not warned from time to time that their people preserve the spirit of resistance?” - Thomas Jefferson What exactly are Americans celebrating this Fourth of July? Two hundred and fifty years after the Declaration of Independence proclaimed that all people possess inalienable rights, we now live under a government that increasingly behaves as though rights belong to the government to distribute, restrict and revoke as it sees fit. Freedom has become conditional. Equal justice under law has become selective. Constitutional rights have become political bargaining chips. Government now claims the authority to decide which religious beliefs deserve accommodation and which may be excluded—a clear violation of the First Amendment’s warning against both establishing a religion and favoring or disfavoring one religion over another. It insists that some speakers deserve constitutional protection while others may be censored, surveilled or punished—a violation of the right to free speech. It proclaims itself the defender of unborn life while dismantling programs that protect the health and welfare of children already born. It welcomes some immigrants with extraordinary speed while denying others the full measure of due process promised ... Continue Reading »

Trump: 'Netanyahu Knows Who The Boss Is' After Phone Call President Trump and Israeli Prime Minister Benjamin Netanyahu could meet as early as next week after the US leader returns from the annual NATO summit in Ankara, Turkey. That's what Trump told Axios on Saturday after a Friday phone call, wherein the Israeli PM congratulated the American leader on the 250th Independence Day of the United States. Trump said something very interesting in the wake of the call: "We get along very good. [Netanyahu] knows who the boss is," he told Axios. via Reuters US-Israel relations have been deeply strained of late, given deep Israeli reluctance on the US-Iran MoU signing, as well as the US-mediated ceasefire in Lebanon. Israel fears that the end result to a hasty peace could be a nuclear-armed Iran, and some Israeli leaders have gone so far as to say military action must not stop until there's true regime change. "During their conversation, the Prime Minister said that the United States is a guarantor of global freedom, and that Israel greatly values the close relationship between the two nations. Prime Minister Netanyahu and President Trump agreed to meet soon in the ... Continue Reading »

Charlie Kirk Assassination Case Heads For Key Hearing Authored by Janice Hisle via The Epoch Times, After months of wrangling, the case of Charlie Kirk's alleged assassin, Tyler James Robinson, is now headed toward its first major legal threshold. Tyler Robinson, accused of killing conservative commentator Charlie Kirk last year, appears during a hearing in Utah's Fourth District Court in Provo, Utah, on Dec. 11, 2025. Rick Egan/The Salt Lake Tribune via AP, Pool Robinson, 23, is accused of fatally shooting Kirk, the 31-year-old founder of the conservative Turning Point USA youth movement, while Kirk spoke at Utah Valley University on Sept. 10, 2025. During a four-day proceeding set to begin on July 6 in a Utah courtroom, prosecutors must reveal some of the evidence they have against Robinson. This preliminary hearing requires the evidence to pass two key tests. And the judge overseeing the case has set strict rules for people who will be attending, including news crews. Here is what to expect, based on general legal principles, Utah law, and rulings from Utah Fourth District Court Judge Tony Graf Jr. Why The Hearing Matters Not all U.S. criminal courts use a preliminary hearing to put ... Continue Reading »

Former Sen. Warren Staffer Attends Ayatollah's Funeral, Calls Him "Greatest Leader Of Our Lifetime" A former Democratic Party operative who worked on campaigns linked to prominent unhinged left-wing politicians such as Elizabeth Warren, Ed Markey, and others has become a case study in how far-left radicalization can influence those on the left, spiraling dangerously and leading to the open championing of leaders of foreign adversaries. Calla Walsh began organizing for Democratic Senator Ed Markey while she was still a teenager. She had the perfect profile: earnest, idealistic, and a model Gen Z Democrat. Former Elizabeth Warren staffer who called for the United States to be abolished as justice for Khamenei, attended his funeral and called him one of the greatest leaders of her lifetime pic.twitter.com/WSzpzcpd1R — Libs of TikTok (@libsoftiktok) July 5, 2026 But, like many of her peers on the left, that idealism mutated into something darker - something Democrats are now concerned about as socialists and Islamists gain power in their party. The latest Walsh episode shows the Gen Z Democrat on Iranian TV from Tehran during funeral ceremonies for slain Supreme Leader Ali Khamenei, praising the late Iranian cleric ... Continue Reading »