The man most likely to be the next prime minister says his devolution plans would "drive good growth in every postcode". Continue Reading »

Burnham offered a sense of what his time as prime minister would mean, but he did not lay out many details. Continue Reading »

The "miracle" rescue of 18-day-old baby Juan David is a symbol of hope in Venezuela after the devastating earthquakes. Continue Reading »

The beloved actress was known for roles in classic TV sitcoms The Good Life and To the Manor Born. Continue Reading »

The upcoming defence plan reflects rapid changes in drone warfare, our security correspondent writes. Continue Reading »

The ruling by the Supreme Court means that Lisa Cook will remain as a Federal Reserve governor as her lawsuit challenging Trump's effort to fire her proceeds. Continue Reading »

Comcast said it will separate into two publicly traded companies through a tax-free spinoff of NBCUniversal and Sky. Continue Reading »

Alphabet shares rose Monday as the company joined the Dow, but the blue-chip milestone comes as the stock remains under pressure. Continue Reading »

MetLife (MET) is well-positioned in the life insurance and benefits sector, exhibiting fundamental momentum that the broader market hasn't fully priced in. Continue Reading »

Axon Enterprise has ramped up lobbying in Congress on federal law enforcement technology as ICE pursues a potential $220 million Taser deal. Continue Reading »

Par Nadia Bouchenni avec AFP Une fusillade a fait au moins six morts, selon un dernier bilan provisoire, et plusieurs blessés dans un centre d'aide pour jeunes à Stade, ville de 50 000 habitants proche de Hambourg, ce lundi 29 juin. Deux personnes ont été arrêtées, dont le tireur présumé. Une fusillade a fait au moins six morts, selon un dernier bilan provisoire, et plusieurs blessés dans un centre d'aide pour jeunes à Stade, ville de 50 000 habitants proche de Hambourg, ce lundi 29 juin. Deux personnes ont été arrêtées, dont le tireur présumé.Six personnes ont été tuées par balles et plusieurs autres blessées lundi après-midi dans un centre d'aide pour jeunes situé à Stade, dans le nord de l'Allemagne, selon un bilan provisoire de la police locale. D'autres ont été blessées par des coups de feu tirés dans l'établissement, ont précisé les forces de l'ordre dans un communiqué. Deux suspects ont été interpellés à l'issue des opérations. "Dans le cadre ... Continue Reading »

Par AFP © 2026 AFP Une association kényane a déposé lundi un recours en justice contre un accord entre Nairobi et Washington sur l'exploitation de terres rares au Kenya, fustigeant notamment le secret qui l'entoure.Le président William Ruto a indiqué en juin être sur le point de conclure un accord avec les Etats-Unis sur les terres rares et minerais stratégiques que renferme le Kenya.Le 21 avril, le gouvernement kényan a notamment lancé un appel d'offres pour l'exploitation d'un gisement de terres rares, notamment du niobium - utilisé principalement dans des alliages d'acier hautement résistants utilisés notamment dans l'industrie aérospatiale - situé dans la zone de Mrima Hill, sur la côte sud-est du Kenya, non loin de la frontière avec la Tanzanie.La valeur des réserves de cette petite colline boisée, d'à peine 3,6 km2 a été évaluée en 2013 à 62,4 milliards de dollars.Le Center for Litigation and Trust, une association kényane de juristes, a assigné le gouvernement kényan en justice et demande au tribunal de l'obliger à publier l'accord entre les gouvernements kényan et américain, selon des documents judiciaires consultés par l'AFP."Les détails concrets de l'accord (...) sont entourés de secret, restent opaques et vague aux yeux du ... Continue Reading »

Par AFP Par Nicolas GUBERT © 2026 AFP Le géant français des services à l'environnement Suez a remporté un des plus gros contrats de son histoire à Oman, dans la gestion de l'eau, confirmant ainsi son retour à l'international, un an après l'arrivée aux manettes de son directeur général, Xavier Girre.Le groupe a annoncé lundi un contrat de deux milliards d'euros sur 15 ans dans le sultanat.Ce contrat, qui couvre la gestion et la maintenance des services d'eau potable et d'assainissement de la capitale Mascate et des gouvernorats de Sharqiyah Nord et Sharqiyah Sud, figure "dans le top 3 de l'histoire de Suez", a déclaré le directeur général du groupe, Xavier Girre, lors d'un entretien à l'AFP.Il a été signé en même temps qu'un autre contrat majeur, cette fois au bénéfice du géant français de l'électricité EDF. Ce dernier, d'un montant de 3 milliards de dollars, porte sur le développement et l'exploitation de la première de station de transfert d'énergie par pompage au niveau du barrage de Wadi Daysat (90 kilomètres au sud de Mascate) qui doit permettre de stocker jusqu'à 2GW d'énergie, selon l'Elysée.Du côté de Suez, un an après son arrivée aux commandes du groupe, Xavier Girre ... Continue Reading »

Par AFP Par Marine GACHET © 2026 AFP En regardant une rivière polluée de la commune de Chirongui, dans le sud de Mayotte, Zarianti Houmadi est inquiète. "Ça fait vraiment peur, les déchets attirent les moustiques", redoute-t-elle, alors que le paludisme est en recrudescence dans le 101e département français.Depuis le début de l'année, 244 cas ont été enregistrés, dont 25 acquis localement, selon le dernier bulletin de Santé publique France (SpF) daté du 26 juin. Plusieurs foyers se distinguent, notamment au sud, à Chirongui. Pour toute l'année 2025, seulement 111 cas avaient été recensés, dont cinq cas autochtones.Dans le reste du village, l'information semble n'avoir pas circulé aussi rapidement que la maladie. "Je ne savais pas qu'il y avait le palu à Mayotte", explique Nini Irene, derrière son étal de fruits et légumes au marché.Ses consoeurs et plusieurs passants ne sont pas non plus au courant que la maladie est de retour dans la commune.À Mayotte, le paludisme était presque devenu un souvenir. Le département de l'océan Indien était entré en phase d'élimination de la maladie en 2014, selon l'Organisation mondiale de la santé (OMS), et ne comptait aucun cas indigène depuis 2020.Pour le délégué régional de SpF, Youssouf ... Continue Reading »

Par AFP © 2026 AFP Une volonté de la direction d'Airbus de réduire le télétravail hebdomadaire suscite le mécontentement parmi les salariés de l'avionneur en France, alors que la CGT appelle à un débrayage jeudi pour la troisième semaine consécutive sur le sujet.Dans une lettre interne du 9 juin, le patron d'Airbus Guillaume Faury a demandé à restreindre le travail à distance, de deux à un jour par semaine à partir de septembre."Je sais que le télétravail est un sujet sensible pour certains d'entre vous", commence le président exécutif dans son courrier aux employés, obtenu par l'AFP. "Nous sommes une entreprise industrielle qui fabrique des biens physiques qui ne peuvent pas être produits à domicile", écrit-il, ajoutant que l'objectif est "d'avoir une présence sur site de quatre jours par semaine à partir de septembre"."La conception de nouveaux produits dépend d'une réflexion collective et de la créativité qui sont optimales lorsque les personnes se trouvent dans la même pièce", affirme-t-il."Je compte sur vous tous pour soutenir cette orientation", ajoute encore le patron d'Airbus.Mais l'initiative provoque "résistance" et "colère" parmi les salariés du tertiaire concernés par le télétravail, selon les syndicats, alors qu'un accord d'entreprise - datant de 2024 et ... Continue Reading »

India’s new Brahmos production facility in Lucknow has boosted production of the missiles by 20% Read Full Article at RT.com Continue Reading »

India transported 66 tons of aid, including an army field hospital, to quake-hit Venezuela, in Operation Amistad Read Full Article at RT.com Continue Reading »

Africa celebrates a record World Cup campaign with nine teams reaching the knockout stage Read Full Article at RT.com Continue Reading »

The Kaja Kallas apartheid row has exposed a deeper EU-Israel crisis over Gaza, Holocaust memory, and fading restraint toward West Jerusalem Read Full Article at RT.com Continue Reading »

Buckingham Palace ditches ‘Defender of the Faith’ for King Charles, labelling him a protector of the ‘multi-faith nation’ Read Full Article at RT.com Continue Reading »

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Активность абитуриентов подтверждает тренд на цифровизацию поступления, сообщил заместитель министра науки и высшего образования Андрей Омельчук Continue Reading »

В городе действует воздушная тревога Continue Reading »

Авторы инициативы отметили, что для зрителей именно живое исполнение является "существенной характеристикой" выступления Continue Reading »

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SUPREMES EXPAND PRESIDENTIAL POWER (Main headline, 1st story, link) Drudge Report Feed needs your support!   Become a Patron Continue Reading »

America split from monarchy 250 years ago. Trump's presidency testing how far it's come... (First column, 1st story, link) Related stories:Fuming President Unravels Over His Empty Fair in Early Morning Meltdown...NYT: The Don Cut Billion-Dollar Mining Deal. His Sons Stand to Profit...Family First... Continue Reading »

Fuming President Unravels Over His Empty Fair in Early Morning Meltdown... (First column, 2nd story, link) Related stories:America split from monarchy 250 years ago. Trump's presidency testing how far it's come...NYT: The Don Cut Billion-Dollar Mining Deal. His Sons Stand to Profit...Family First... Continue Reading »

NYT: The Don Cut Billion-Dollar Mining Deal. His Sons Stand to Profit... (First column, 3rd story, link) Related stories:America split from monarchy 250 years ago. Trump's presidency testing how far it's come...Fuming President Unravels Over His Empty Fair in Early Morning Meltdown...Family First... Drudge Report Feed needs your support!   Become a Patron Continue Reading »

Family First... (First column, 4th story, link) Related stories:America split from monarchy 250 years ago. Trump's presidency testing how far it's come...Fuming President Unravels Over His Empty Fair in Early Morning Meltdown...NYT: The Don Cut Billion-Dollar Mining Deal. His Sons Stand to Profit... Continue Reading »

Afghan officials say Pakistani attacks killed at least 36 civilians, while Pakistan says its forces killed 29 fighters. Continue Reading »

US–Iran peace talks ease market volatility, but uncertainty keeps oil prices hovering, complicating recovery efforts. Continue Reading »

The US Supreme Court has rejected a push by President Trump to throw out a jury's findings of sexual assault. Continue Reading »

New PM Ali al-Zaidi's arrest of 47 officials is welcome, but the rot runs through the system that put him in power. Continue Reading »

Amid Israel’s genocidal war on Gaza that destroyed most schools, 18-year-old Dana Shabat sits her final exams online. Continue Reading »

US silent after Hormuz drone strike as Tehran says ship used an unapproved route, accuses Oman of appeasing Washington and warns against Israeli aircraft nearby Continue Reading »

Naim Qassem uses Ashura speech to reject normalization, praise Iran and warn Lebanon’s government against confronting the Tehran-backed group amid tense US-led talks Continue Reading »

Netanyahu says troops can respond to immediate threats as hard-right ministers press for stronger action against Hezbollah and oppose any withdrawal from southern Lebanon Continue Reading »

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Satellite images show extensive damage to US Navy’s Bahrain hub, prompting Washington to reassess its regional footprint, shift assets beyond Iranian missile range and consider Israel as a possible destination Continue Reading »

The justices had been asked to examine the legality of the state’s grace period for late-arriving mail-in ballots. Continue Reading »

President Trump had asked the justices to intervene after a jury found that he had sexually abused and defamed the writer E. Jean Carroll. Continue Reading »

Raging internal debates over foreign policy threaten both parties’ fortunes in November — and in 2028. Is a major ideological shift underway? Continue Reading »

The Maine race, which both parties see as key to winning control of the Senate, is extremely close as the sprint to fall begins, a Times/Portland Press Herald/Siena poll found. Continue Reading »

A Times/Siena poll reveals several crosscurrents in a key contest for Senate control. 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 »

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Josh Shapiro and Marco Rubio have got World Cup fever. Continue Reading »

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Groups aligned with Sen. Susan Collins also spent large sums for visibility during U.S. matches — as campaigns and committees drop more than $700K. Continue Reading »

Hyundai is using its FIFA sponsorship to sell the world on more than cars. Continue Reading »

The top Trump officials will host a bipartisan, bicameral call at 4 p.m. Continue Reading »

Speaker Mike Johnson is hoping to move quickly to pass a series of party priorities before the July 4 recess, but hard-liners are still threatening procedural delays. Continue Reading »

Fresh off his controversial Trump invite, the Florida Republican says he’s trying to make a mark but not trying to challenge John Thune. Continue Reading »

Federal judgeships and Labor secretary are among the vacant posts waiting for presidential nominees. Continue Reading »

“I certainly want him to take the biggest, boldest marker that he has and do that big Trump signature proudly on that legislation," Speaker Mike Johnson said. Continue Reading »

The president said earlier Friday that the attack on ships passing through the Strait of Hormuz was a “foolish violation” of the ceasefire agreement. Continue Reading »

OpenAI will now make its soon-to-be-released GPT-5.6 model available to a small group of government-approved partners. Continue Reading »

The person who shaped the tournament in his image has been invisible since it started. Continue Reading »

The decision marks a win for the states that have challenged the president’s effort to crack down on mail-in voting ahead of a consequential November midterm. Continue Reading »

The president abruptly ditched plans to sign a bipartisan housing bill that would have been a boon to Republicans desperate for campaign trail affordability wins. Continue Reading »

Comcast unveiled plans Monday to split its media and technology businesses into two separately traded public companies as the entertainment industry reels from consumers abandoning the traditional TV bundle in favor of streaming services. The tax-free spinoff will separate NBCUniversal and Sky into a standalone media company while the remaining Comcast business will concentrate on its broadband, wireless and business services operations, according to the company's announcement. Continue Reading »

Comcast said Monday that it plans to spin off the NBCUniversal media empire into a separate publicly traded company, cleaving it from the corporation's broadcast and wireless business. The independent NBCUniversal will include the Universal Pictures film studio, the NBC and Telemundo broadcast networks, NBC News, the streaming service Peacock, the cable channel Bravo, a lucrative theme parks division and Sky, a British TV broadcaster Comcast acquired in 2018. Continue Reading »

Comcast plans to separate its media and connectivity businesses, dismantling an earlier bet on combined entertainment and distribution as it navigates intensifying competitive pressure. The cable and entertainment company, home to "Saturday Night Live," "Law & Order" and Bravo, aims to complete a tax-free spinoff of NBCUniversal and Sky, establishing a pure-play media company. The stand-alone NBCUniversal will be led by Mike Cavanagh, who is currently Comcast's co-chief executive, while former Chief Financial Officer Michael Angelakis will return to run Comcast. Continue Reading »

A federal grand jury is investigating alleged financial crimes by Neville Roy Singham, the China-based tech tycoon whose fortune has funded a sprawling network of socialist, communist and Marxist organizations across the U.S. over the last decade. According to sources familiar with the matter, the grand jury in Manhattan has issued subpoenas as part of a probe launched by U.S. Attorney Jay Clayton for the Southern District of New York, one of the country's most powerful districts for federal prosecutions. Acting U.S. Attorney General Todd Blanche authorized the investigation as the Trump administration seeks to crack down on fraud, money laundering and other financial crimes in the multibillion-dollar nonprofit industry... Continue Reading »

House Speaker Mike Johnson told "Sunday Morning Futures" host Maria Bartiromo that the House of Representatives would be returning to Washington, D.C. to continue "good work" on legislation Monday. Johnson postponed votes Friday after Republican Florida Rep. Anna Paulina Luna led a group of holdouts who threatened to not allow any legislation to move forward until the Senate passed the Safeguard American Voter Eligibility (SAVE) America Act. Johnson told Bartiromo he told Luna and other "colleagues" that the "good work" Republicans had to do shouldn't be derailed over Democratic obstruction of the election integrity measure in the Senate... Continue Reading »

The long-awaited opening of the Obama Presidential Center and the former president's increased public appearances and criticism by President Donald Trump merit a reflection on his legacy and an analysis of the role of his tenure in the rise of Trumpism. Remembering former President Barack Obama's historic first campaign in 2008 and his charismatic ideas presents a stark commonality with Trump — of a famous and politically unconventional personality being brought in to service the demand for big reforms to the existing politics. Perhaps the contrast between these two men explains the promise of "total change" that allowed for the chaotic Trumpism... Continue Reading »

Treasury Secretary Scott Bessent is confident the United States will weather the Iran conflict and a temporary spike in gas prices and finish 2026 with economic growth above 3% while hitting the Federal Reserve's 2% inflation target. Bessent told Just the News that the recent revision upwards of the Gross Domestic Product is one of many signs the economy is still strong... Continue Reading »

A former FBI agent believes the anonymous person behind the Nancy Guthrie ransom notes may be attempting to save themselves from the death penalty once caught. Jennifer Coffindaffer spoke with Hena Doba on "NewsNation Prime" Sunday, saying this new note appears to be more self-serving than anything else... Continue Reading »

The most important test of Zohran Mamdani's socialism isn't today's wins, like the rent freeze he just secured for 1 million apartments in New York City. It's tomorrow's results: whether the heat comes on, the elevator works, the leak gets fixed, and the super still has a budget after the freeze has done its political work... Continue Reading »

Supreme Court's explosive final week: Here's the biggest cases Read more about Supreme Court's explosive final week: Here's the biggest cases Continue Reading »

Washington, D.C.'s metropolitan area has long hummed with data centers. The region, which encompasses much of Northern Virginia, has become known as Data Center Alley, home to more data centers than anywhere else in the world. But the data center boom, driven by the rise of AI and the race to build the infrastructure powering it, is changing the geography of these energy-intensive, warehouse-like facilities. Data centers have arrived in rural America... Continue Reading »

MeetingTV, an online videoconferencing and webinar startup, is suing Palo Alto Networks and recently acquired threat-intelligence firm Koi Security over a security research report that linked its infrastructure to a Chinese hacking operation. Why it matters: MeetingTV alleges that a hallucinated finding is behind the mix-up — raising questions about how companies are using AI in threat intelligence and who bears responsibility for the impact of security research... Continue Reading »

Russian President Vladimir Putin acknowledged for the first time Sunday that Russia is facing fuel shortages following a wave of Ukrainian attacks deep inside the country. Putin said a task force was working to alleviate the issue, which has grown into a serious crisis as the Kremlin grapples with simmering discontent on a range of issues. Moscow must now also content with the renewed engagement of the United States, with President Donald Trump offering public praise for Kyiv's efforts... Continue Reading »

Elizabeth Freeman was an enslaved person living in Massachusetts when the Declaration of Independence was signed 250 years ago. The document's famous words "all men are created equal" did not apply to her, but she thought they should. "She is somebody who heard the words of the declaration, knew that they were real in her life, and argued for that to be true," says Errin Haines, editor-at-large at The 19th. Eventually, Freeman fought to abolish slavery in Massachusetts. This week on Reveal, as America marks 250 years since its founding, we share stories of people who were denied equality and the battles they fought to attain it. In addition to Freeman's story, we hear about one of the first Native American communities to encounter white settlers more than 400 years ago and learn why the fight for the Equal Rights Amendment for women continues to this day... Continue Reading »

Former House Speaker Nancy Pelosi (D-Calif.) may be leaving Congress this year, but the 86-year-old decades-long representative of San Francisco is simply entering the next chapter of her career: launching a nonpartisan democracy institute at UC Berkeley. Opening in January, the Nancy Pelosi Institute for Representative Democracy will be a "new epicenter for research, teaching, and civic engagement," according to press materials shared with HuffPost. It will invest in faculty research projects, new undergraduate courses on leadership, a visiting fellows program, support for student summer experiences, and an annual nonpartisan forum for global thought leaders... Continue Reading »

At its best, politics is practiced between the 40-yard lines. That doesn’t mean that centrists in either party are inherently superior—or inferior—to a principled progressive or committed conservative. But if the objective is to achieve measurable policy objectives, then those who are willing to come most of the way to midfield are far more likely to accomplish their goals than those who set up on their respective goal lines to yell and scream at each other from the safety of the shadows of their own goalposts. Continue Reading »

Our country is facing a critical and urgent question: Do we care if mainstream social media platforms knowingly distribute child sexual abuse material? Our children face unprecedented danger online, as 13-year-old John Doe discovered after falling victim to an online solicitation from a pretty girl on Snapchat. The pretty girl was not real, but instead a predator who elicited child sexual abuse material from John and his friend. Continue Reading »

President Donald Trump said that the Lincoln Memorial Reflecting Pool on the National Mall is "in full use" after an algae bloom in the pool and portions of the blue paint applied during renovations he commissioned began peeling off earlier this month. Trump's June 28 social media post came after a tour of Washington, DC, landmarks during which he declared that many of the monuments were "completely renovated and restored" and announced plans for a renovation of a golf course facility in the district. Continue Reading »

The $1.7 million "ozone nanobubbler" being used in an effort to make the Lincoln Memorial Reflecting Pool water crystal clear has a unique ability to shoot 500 million microscopic bubbles into every teaspoon of water. The injected oxygen is supposed to oxidize — or, unscientifically speaking, smash through — algae, bacteria and other chemicals. The Trump administration has touted the technology as "state of the art." At the onset of the project, the administration dispatched a small company based in Brookfield, Ohio — one of the only in the country with this type of technology — to lead the high-profile, high-stakes gambit to see whether the technology could work on the 6.5 million-gallon landmark that for decades has evaded cleanliness. Only five years old, the technology has never been formally used or researched on a pool. Continue Reading »

Interior Secretary Doug Burgum vowed "full" prosecution Saturday for vandals who allegedly slashed a 350-foot long gash into the Lincoln Memorial Reflecting Pool and defaced the area with a slew of anti-Trump graffiti. "When people are attacking it [the Reflecting Pool], it is like an attack on our country," Burgum said. "These are our most sacred monuments, and they [the perpetrators] are gonna be prosecuted to the full extent of the law." Continue Reading »

Supreme Court Blocks Trump Firing Of Fed Governor Lisa Cook - For Now The Supreme Court on Monday handed President Trump a significant defeat - ruling 5-4 that his attempt to fire Federal Reserve Governor Lisa Cook was procedurally invalid and that the Fed's century-old independence from presidential removal-at-will remains constitutionally intact. That said, it isn't over for Cook - as the Court said she can stay in her job for now - while she fights in lower courts against Trump's bid to oust her over allegations of mortgage fraud.  In a majority opinion authored by Chief Justice Roberts and joined by an unlikely coalition spanning Sotomayor, Kagan, Kavanaugh, and Jackson, the Court denied the administration's application for a stay, leaving in place a lower court injunction that keeps Cook on the Board of Governors pending full litigation. Concurring Roberts Kavanaugh Jackson Sotomyaor KaganDissenting Alito Gorsuch Barrett Thomas The Court's decision rests on procedure; Trump didn't give Cook notice or a deadline to respond - as it was done via tweet. That, the majority held, is insufficient to terminate a presidential appointee serving a 14-year term on the body that controls the cost of money in the United States. The ruling leaves open whether the mortgage ... Continue Reading »

Key Events This Holiday-Shortened Week: Jobs, Warsh In Sintra, ISM, ADP Global attention this holiday-shortened week,will center on the US labor market, with the June employment report due on Thursday ahead of the Independence Day holiday. A reminder that the US will be 250 years old this week. Alongside that, central bank communication will be in focus at the ECB’s Sintra forum (today through Wednesday), while inflation data across Europe and activity indicators in Asia—notably China’s PMIs and Japan’s monthly data—round out a busy global calendar. In the US, DB economists expect payroll growth on Thursday to slow to +75k (from +172k previously), with private payrolls rising by around +90k. There is some risk of seasonals pulling down the numbers as they have in recent years around this time. The unemployment rate is expected to hold at 4.3%, while average hourly earnings are seen unchanged at +0.3% month-on-month. Hours worked are also expected to remain steady at 34.3, leaving nominal income growth broadly stable. Ahead of that, today brings the Dallas Fed manufacturing survey, while tomorrow sees the May JOLTS report, where markets will watch for any shifts in hiring, quits and ... Continue Reading »

Str-Eye-ke For A Str-Eye-ke By Bas van Geffen, senior macro strategist at Rabobank This weekend’s events cast fresh doubts over the value of the US-Iran memorandum of understanding. On Friday, President Trump condemned the drone attack on a container ship that was transiting the Strait of Hormuz. Trump posted on Truth Social that the US had shot down three other drones, adding that “obviously, this is a foolish violation of our Ceasefire Agreement.” What followed was a series of eye-for-an-eye strikes. The US targeted Iranian military sites in retaliation for the attack on the container ship. And on Saturday, the US hit Iran again after the country attacked a tanker transporting Qatari oil. Both sides have since agreed to halt their attacks and have said that further peace talks in Doha must go on. Or, that is what US officials believe, at least: “Our understanding is that both sides will stand down for now and vessels can move freely.” That news seems to be sufficient to reassure financial markets today, with US equity futures indicating a moderately positive opening of the week. But will this new pinky swear to cease all aggression be enough ... Continue Reading »

"Bitcoin Is Capital": Saylor's Strategy Says May Sell Up To $1.25 Billion Crypto To Fund Dividends Authored by Micah Zimmerman via BitcoinMagazine.com, Strategy Inc. (Nasdaq: MSTR), the world’s largest bitcoin treasury company, announced a sweeping capital management overhaul earlier today, introducing what it calls a Digital Credit Capital Framework. The announcement sent MSTR shares up 6% in pre-market trading and pushed bitcoin above $60,000. The framework has five parts: a board-approved USD reserve policy, a dividend rate increase on one class of preferred stock, a $1 billion buyback program for digital credit securities, a $1 billion buyback program for common stock, and a bitcoin monetization program that authorizes the sale of BTC to fund company obligations. Strategy’s bulked up USD Reserve At the center of the framework is a $2.55 billion USD reserve, cash and cash equivalents held to cover dividend payments and interest expense on the company’s debt. Strategy carries roughly $1.76 billion in annual preferred dividend and interest obligations, which means the current reserve represents 17.4 months of coverage. The board has set a floor: the reserve must stay at a minimum of 12 months of coverage at all times. Any reduction below that threshold requires explicit board authorization. ... Continue Reading »

Watch: Giant Explosion Rocks Lebanon As IDF Destroys Hezbollah's Underground Drone Complex In a move bound to test the limits of the fragile Washington-brokered regional ceasefire, Israel has unleashed massive ordinance on southern Lebanon, saying it has utterly destroyed a huge underground complex built and used by Hezbollah. Prime Minister Benjamin Netanyahu and Defense Minister Israel Katz have freshly announced that the Israel Defense Forces (IDF) completely demolished a massive Hezbollah underground fortress embedded deep beneath the southern Lebanese village of Majdal Zoun. The village itself was leveled, with the IDF having released footage showing an unusually strong explosion: Israel says its military destroyed a 200+ meter-long underground Hezbollah tunnel in southern Lebanon. pic.twitter.com/XajqdpePGW — Clash Report (@clashreport) June 29, 2026 The military revealed the subterranean complex spanned roughly 200 meters and plunged more than 25 meters deep - serving as a critical hub where Hezbollah allegedly assembled, stored, as well as launched Iranian-sourced suicide drones. Notably, Israel had previously postponed the demolition following intense pressure from the Trump administration to halt all kinetic activity in southern Lebanon. However, either Israel's patience just ran out, or else Washington is secretly still giving the greenlight ... Continue Reading »

Futures Rise As Dip-Buyers Lift Tech Stocks US equity futures are higher led by Tech as Mag7 leads the group higher and points to a reversal of last week’s profit-taking, as traders position for the end of the first half. A shortened week will likely focus on a speech from the Fed’s Warsh on Wednesday and payrolls on Thursday.  As of 8:30am, S&P futures are 0.9% higher as traders bought the dip after a rotation out of this year’s top-performing stocks sent the US benchmark to its second-worst week of the quarter; Nasdaq futures gain 1.2%, with both Software and Semis higher, which may be more driven by period-end reshuffling than a shift in sentiment. A mix of space, software and artificial-intelligence infrastructure names led premarket gains. Comcast Corp. jumped 23% on a plan to split its business. Cyclicals ex-Materials are leading Defensives ex-HC with the AI theme bid up across sectors. Bond yields are +1-2bp higher with the Dollar down a touch. Commodities are lower but the Energy complex is bid following another series of attacks between US / Iran; WTI back above $70/bbl, and Brent climbed 0.8% to ... Continue Reading »

US Boosts Venezuela Earthquake Aid To $300 Million As 50,000 Remain Missing Summary: US Increases Earthquake aid Aftershock rattles Caracas on Monday morning  +50,000 people remain missing according to independent monitoring platform US Military Begins Humanitarian Operation In Quake-Ravaged Venezuela US Increases Earthquake Aid The US has increased its financial commitment to Venezuela's earthquake response to more than $300 million, according to the State Department. We reported this past weekend that U.S. military personnel were, in fact, on the ground and had begun search-and-rescue operations. The latest pledge includes an additional $50 million in funding for partner operations, on top of previously announced humanitarian funding. The money is intended to support life-saving relief efforts as hospitals, emergency responders, and aid groups struggle to manage the fallout from last week's twin quakes. The death toll is expected to climb in the days ahead, as 50,000 people remain missing, according to an independent monitoring platform. The official death toll stands at around 1,500.   Earlier this morning, a 4.6-magnitude quake rattled Caracas. Meanwhile...  The devastating earthquakes in Venezuela exposed exactly how the socialist government built housing for their people. Look at this video from La Guaira. The buildings in the Misión Vivienda program were constructed using expanded polystyrene ... Continue Reading »

The Last Word On Kernen Vs. Grantham Submitted by QTR's Fringe Finance Last week, CNBC’s Andrew Ross Sorkin and Joe Kernen interviewed legendary value investor Jeremy Grantham, and for about six minutes the conversation turned into one of the better moments I’ve seen on financial television in a long time. Grantham, the 86-year-old co-founder of GMO, whose case for the market being overvalued I highlighted last week, built one of the world’s most respected institutional asset management firms. Over the course of his career, he became famous for identifying some of the largest financial bubbles in modern history, including the Japanese asset bubble of the late 1980s, the dot com boom, and the housing bubble that culminated in the 2008 financial crisis. During the interview, Grantham reiterated his long-held skepticism of Bitcoin, calling it “a useless speculative” asset that will eventually “dwindle away... not with a bang, but a whimper.” Kernen wasn’t having it. He fired back that anyone who had listened to Grantham over the last decade had missed one of the greatest-performing assets in history, later broadening the criticism to Grantham’s generally bearish market outlook over the last fifteen years. The clip ... Continue Reading »

"Entering The Mega Investment Era": JPM Breaks Down South Korea's Plan To Double Memory-Chip Production Any hope that the memory-chip shortage would ease this year was upended Monday morning, as South Korea's two memory giants, Samsung and SK Hynix, prepare a massive capacity expansion that will unfold over the next five years rather than provide near-term relief. That means the supply squeeze rippling through consumer electronics, from Apple MacBooks to Microsoft Xbox consoles, is likely to keep driving prices higher  for the foreseeable future. The Korea Economic Daily reports that South Korea plans to steer at least 1,350 trillion won, or about $880 billion, of private investments into expanding semiconductor manufacturing and AI data centers. Samsung and SK Hynix plan to build four chipmaking plants in the country's southwest at a combined cost of 800 trillion won, while companies including Naver will invest another 550 trillion won to develop 8.4 gigawatts of AI data-center capacity by 2029. "We're entering an era where the page turns in the blink of an eye," President Lee Jae Myung said, adding the country must accelerate faster than rivals, calling speed "the only way to survive" in ... Continue Reading »

US & Iran Set For New Talks, Trump Says, Hours After Tehran Denied Plans Due To Days Of Hormuz Attacks After some persisting Sunday reports, including in The Wall Street Journal, said that last week's renewed tit-for-tat fighting between the US and Iran in the Strait of Hormuz had 'stalled' the next round of talks, President Trump stated on Truth Social Monday that a meeting on Iran would be held in Doha Tuesday. He stipulated that Iran has requested the talks. "Iran has requested a meeting. It will take place tomorrow in Doha," Trump wrote on his social media platform in all caps. Axios reported late Sunday, citing a senior US official, that "We decided to stop all the kinetic activity" and make way for renewed talks. NBC notes in the immediate aftermath of the statement, "There was no immediate reaction from Tehran. Hours earlier, a senior Iranian official denied any technical discussions were scheduled to take place." "Technical teams working on the implementation of the initial agreement between the two sides are scheduled to meet in Doha in the coming days, a source with knowledge of the talks," the report continues. Abbas Aslani from ... Continue Reading »

Bursting Of AI Bubble, Collapse Of Circular Deals Are Among Top Risks To Global Financial System, BIS Warns An artificial-intelligence bust (and thus bubble), inflation and fiscal stress are the three the most alarming threats to global prosperity at present, the Bank for International Settlements warned. In its annual report published on Sunday, the Basel-based institution - better known as the central banks' central bank - cited those on a list of “pressure points” that currently “demand attention,” with underlying financial vulnerabilities lurking that could amplify any shock. “The global economy remains caught in the crosscurrents of progress and peril,” Basel officials said in the report. “Resilience is being increasingly tested and strained.” The assessment highlighted AI-led risks prominently in a report that arrived on the eve of the ECB’s three-day annual symposium in Sintra, where a host of global policymakers will also scrutinize such stability dangers closely. “Disappointment in returns could trigger a sudden pullback in financing and turn the capex boom into a protracted investment bust, with potential knock-on effects on financial conditions,” the BIS said, before observing that “a major equity-market correction could have larger macroeconomic consequences today than in ... Continue Reading »

Comcast Shares Jump Most Since 2008 On Plans To Separate Units Comcast shares jumped the most in nearly two decades on news that it plans to split NBCUniversal and Sky into a separate publicly traded company through a tax-free spin-off. The transaction, expected to close in about one year, would leave Comcast shareholders owning stakes in both. Comcast would remain centered around broadband, wireless, business services, and entertainment platforms, backed by a network that reaches more than 65 million homes and businesses. NBCUniversal, which will also include Sky, will house Universal’s film and TV studios, NBC, Telemundo, Peacock, Bravo, sports, news, and the company’s theme parks business. Comcast said the standalone media company will have the scale, content library, and intellectual property needed to compete with leading streaming platforms. Mike Cavanagh will become CEO of NBCUniversal, and former Comcast CFO Michael Angelakis will return as CEO of Comcast. Comcast expects to retain up to a 19.9% stake in NBCUniversal for up to one year after the spin-off and plans to monetize that position over time in a tax-efficient manner. The company said both businesses are expected to have strong investment-grade balance sheets. Shares of Comcast ... Continue Reading »

Amazon Prime Day Sales Rise 9% Year Over Year, Topping $26 Billion Americans spent a record $26.4 billion during Amazon's four-day Prime Day sales event, a 9.3% increase from a year earlier, per Adobe Analytics and according to Reuters.  The gains were fueled by heavy promotions across categories including electronics, appliances, clothing, toys, personal care products, and household necessities, as consumers looked to maximize savings amid ongoing cost pressures. Industry analysts said several factors contributed to the stronger spending, including larger tax refunds and early back-to-school purchases, which gave many households extra flexibility to buy items they had been postponing. Reuters writes that rather than spending freely, however, shoppers appeared to be concentrating purchases around major discount events to get the best value. The data also suggests consumers remain selective. While overall sales climbed, retailers relied on promotions that were similar in size to last year's to generate demand, raising questions about whether deep discounts will remain necessary through the holiday shopping season. Separately, Numerator reported the average Prime Day order fell to $47.66 from $53.34 last year, indicating many shoppers are still keeping a close eye on their budgets despite higher overall spending. If ... Continue Reading »

Record 1 In 16 People Worldwide Now Use Drugs, UN Report Says Authored by Naveen Athrappully via The Epoch Times, One out of every 16 people in the world uses drugs, the highest level at any point in human history, the United Nations said in a June 26 post on X. “While cannabis remains the most widely used drug, the global cocaine market has reached record levels,” the U.N. stated in the post. In the 10 years between 2014 and 2024, global production of cocaine has surged by more than 370 percent. The numbers come from the U.N. Office on Drugs and Crime’s (UNODC) World Drug Report 2026, released on June 26. In total, 331 million people worldwide used drugs in 2024, up by 34 percent over the previous 10 years. Cannabis was the most used narcotic with 256 million users, followed by opioids with 63 million, amphetamines with 32 million, cocaine with 25 million, and ecstasy with 21 million users. There were about 63 million people with drug use disorders, with one in 12 undergoing treatment. Among women with drug use disorders, one in 23 was receiving treatment. This figure was higher among men ... Continue Reading »

EU Watchdog EBA Details Big Crypto Fines As Landmark Laws Bite Authored by Robert Lakin via CoinTelegraph.com, The European Banking Authority on Friday unveiled a sweeping framework to penalize cryptocurrency issuers that violate the European Union’s digital-asset laws, signaling a tougher enforcement stance as the trade bloc finalizes its historic regulatory architecture. The consultation paper published June 26 establishes a standardized playbook for hitting non-compliant issuers of what the EBA considers “significant” tokens with potentially multimillion-euro penalties. Under the proposal, the Paris-based watchdog will deploy a strict two-step process to determine fines, assessing the baseline severity of an infraction before factoring in aggravating or mitigating behavior. The move represents the sharpening of teeth for the EU’s landmark Markets in Crypto-Assets (MiCA) regulation. Introduced to bring order to a historically freewheeling sector, MiCA is the world's first comprehensive regulatory regime for digital assets, forcing token issuers and crypto service providers to operate with bank-like compliance, consumer protections and capital reserves if they want access to the single European market. The stakes for non-compliance are explicitly designed to be punitive. According to the EBA's consultation paper, final penalties could reach statutory ceilings of 12.5% of annual turnover ... Continue Reading »

GM Replaces 1,000 Factory Zero Workers With 50 Robots General Motors is once again under the microscope after expanding automation at its Detroit-based Factory Zero plant, installing about 50 collaborative robots not long after cutting more than 1,000 positions, according to Yahoo Finance. The decision reflects a broader shift across the auto industry as manufacturers lean more heavily on robotics and AI to improve efficiency while labor groups warn about the impact on employment. Factory Zero, where GM builds the GMC Hummer EV and Chevrolet Silverado EV, was originally marketed as the centerpiece of the company's electric vehicle ambitions. Instead, inconsistent EV demand has forced production adjustments, temporary downtime, and workforce reductions, even as GM continues pouring money into advanced manufacturing technology. The newly installed Fanuc cobots assist employees with attaching body panels during assembly. GM says the machines are intended to reduce repetitive, physically taxing work and improve safety—not eliminate workers. Even so, their arrival shortly after significant layoffs has sparked concern on the factory floor. The Yahoo Finance article notes that the United Auto Workers' Local 22 has challenged the rollout, filing grievances over the new equipment and arguing that employees ... Continue Reading »

Is There Any Point In Getting To Know Andy Burnham? Authored by Joanna Gray via DailySceptic.org, The best way to approach Andy Burnham, our new Prime Minister-in-waiting, is like the latest girlfriend of a desirable but emotionally damaged philanderer. We should be polite but there’s no real point in spending too much time getting to know her, because she’ll be replaced with a new model in a matter of months. Let’s call this philandering gentleman Mr Great Britain. He’s the dashingly handsome lothario with daddy issues (in this case loss of Empire). We all know the type: the rakish uncle who’s still smoking at Christenings. He’s a sort of Hugh Grant chap with emotional baggage who can’t resist flirting with everyone, from the great aunt to the minx who’s just finished her A-Levels and all the waitresses. In spite of his obvious flaws (the NHS, insane energy and welfare policies), Mr Great Britain is still a deeply desirable thoroughbred with excellent breeding, ancestry, land and property. The problem is, he just keeps hooking up with all the wrong girls. Mr Great Britain’s ancestors have made some outstandingly successful marriages that have expanded and solidified the family ... Continue Reading »

Did The World Cup Just Start A War In Europe Over Air Conditioning? The World Cup has triggered one of the most surprising global cultural awakenings in decades and almost no one saw it coming.  The establishment media had been running negative propaganda for months, claiming that the event was going to be a disaster because it was being held in the US.  The machine had already decided that the World Cup in 2026 was going to be sold as a disaster from start to finish.  Rumors were spinning that because Americans don't care about "soccer" that the tournament would be mismanaged, that America was "racist", the players would be treated poorly, and that the US is such a dangerous place it would deter travelers from going overseas to attend the games. The anti-American sentiment being generating by western journalists is staggering.  However, all it took was a few weeks and around 1.2 million foreign visitors per city coming to see the World Cup at the same time.  Suddenly, Europeans have realized they've been lied to about everything. The US hosted event is now being called one of the most ... Continue Reading »

Turkey Bans Protests Across Many Provinces Ahead Of Major NATO Summit Via Middle East Eye Rights groups have condemned a protest ban imposed by Turkey ahead of a Nato summit, as well as the arrest of hundreds of people in a sweeping crackdown. Last week, the Ankara Governorate announced a 13-day province-wide ban on all public assemblies from Sunday, citing "national security" and security measures around the conference. Protesters hold a banner reading 'Turkey should leave Nato, Nato bases should be closed' during a demonstration in Ankara on 27 June 2026, ahead of the Nato summit. via AFP A total of 225 people were also arrested, including alleged supporters of the leftist Revolutionary People's Liberation Party/Front (DHKP/C) and the Islamic State group. Other detainees included academic Emel Memis, gay rights activist and journalist Yildiz Tar, environmental NGO Tema Foundation representative Nevzat Ozer, independent labour union Umut-Sen spokesperson Burcu Arikan, and Progressive Lawyers Association lawyers Semra Demir and Kursat Bafra. The state-run Anadolu news agency said that 178 suspects taken into custody were formally arrested, while 34 others were released under judicial supervision. In a statement, Amnesty International condemned the ban and the arrests as an "unjustifiable attack on the rights ... Continue Reading »

250 Years Ago: South Carolina Defeats The British Empire Authored by Alan Wakim via The Epoch Times, On the morning of June 28, 1776, Thomas Jefferson and the Committee of Five presented a draft of the Declaration of Independence to John Hancock, president of the Second Continental Congress. Although immortalized by John Trumbull’s famous painting, the historic moment unfolded with quiet parliamentary precision and strict protocol rather than fanfare. The attack on the fort on Sulivan's Island the June 28, 1776, painted by Henry Gray. Drawing shows British ships firing on Fort Sullivan on Sullivan's Island. Library of Congress. Public Domain That same morning, a drastically different scene was unfolding at the vital port city of Charles Town, South Carolina, now known as Charleston. A British invasion force of up to 3,000 soldiers and marines, supported by Royal Navy warships and transports, had been sent to suppress the growing independence movement and restore royal authority in the southern colonies. For weeks, the armada had been poised to strike the city and the surrounding fortifications. On the northeast shore of Sullivan’s Island, Col. William Moultrie and Col. William “Old Danger” Thomson were inspecting earthen ... Continue Reading »