Counter terror police say they have obtained a warrant to hold a 28-year-old suspect for up to seven days. Continue Reading »

Trump drops a 24-hour-old vow to charge cargo ships for using the Strait as the US continues its battle to break Iran's hold on the waterway. Continue Reading »

The legislation cleared the House of Commons in Sir Keir Starmer's final days as prime minister. Continue Reading »

Healthcare staff were unable to properly protect themselves, or those in their care, from dangerous infections, says the latest inquiry report. Continue Reading »

The former Radio 2 breakfast host earned about £745,000 from the BBC in the last financial year. Continue Reading »

The consumer price index rose 3.5% in June from a year earlier, a deceleration after several months of upward moves. Continue Reading »

Warsh pledged Tuesday to "get monetary policy right" and defeat the inflation that has bedeviled the central bank for the past five years. Continue Reading »

New York became the first state to ban construction of 'hyperscale' AI data centers, for one year, after Gov. Kathy Hochul signed an executive order Tuesday. Continue Reading »

The report said Lucid was considering options that could include going private or filing for bankruptcy protection. Continue Reading »

Zipline is growing its drone delivery business in the U.S., and has hired former Tesla, Uber Eats and Waymo executives to help it scale up in new markets. Continue Reading »

Par TV5MONDE GREGORY FONTANA TV5 JWPlayer Field La police fédérale des frontières a ouvert le feu sur automobiliste colombien qu'elle tentait d'arrêter. L'homme âgé de 26 ans n'était pas sous le coup d'un ordre d'expulsion définitif du sol américain. Une nouvelle bavure de l'ICE, la très controversée police des frontières instaurée par l'administration Trump. TV5 JWPlayer Field La police fédérale des frontières a ouvert le feu sur automobiliste colombien qu'elle tentait d'arrêter. L'homme âgé de 26 ans n'était pas sous le coup d'un ordre d'expulsion définitif du sol américain. Une nouvelle bavure de l'ICE, la très controversée police des frontières instaurée par l'administration Trump. Continue Reading »

Par TV5MONDE Demet KORKMAZ TV5 JWPlayer Field Canicule et sécheresse font courir aussi un risque sur les récoltes en France, mais quelle est la tendance au niveau mondial ? Demet Korkmaz nous dit tout sur les stocks et les prix. TV5 JWPlayer Field Canicule et sécheresse font courir aussi un risque sur les récoltes en France, mais quelle est la tendance au niveau mondial ? Demet Korkmaz nous dit tout sur les stocks et les prix. Continue Reading »

Par TV5MONDE Dady Songohozo TV5 JWPlayer Field Décidemment Kylian Mbappé ne fait pas l'unanimité. Sur les réseaux sociaux, le capitaine de l'équipe de France est surnommé "Kylian Dictator" ou "Mobutu", trouvant qu'il est trop directif. Mais certains rappellent tout de même les conséquences de la politique du l'ex-dirigeant zaïrois Mobutu. Quelles sont les réactions en RD Congo ? TV5 JWPlayer Field Décidemment Kylian Mbappé ne fait pas l'unanimité. Sur les réseaux sociaux, le capitaine de l'équipe de France est surnommé "Kylian Dictator" ou "Mobutu", trouvant qu'il est trop directif. Mais certains rappellent tout de même les conséquences de la politique du l'ex-dirigeant zaïrois Mobutu. Quelles sont les réactions en RD Congo ? Continue Reading »

Par TV5MONDE MOHAMED KACI TV5 JWPlayer Field France-Espagne, un match de rêve pour une place en finale de la Coupe du Monde de football. Nous sommes en direct de Dallas avec notre envoyé spécial Karim Baldé. Pascale Bourgaux est à Paris. Henry de Laguérie est à Mataro, près de Barcelone, là ou a grandi le prodige espagnol Lamine Yamal. TV5 JWPlayer Field France-Espagne, un match de rêve pour une place en finale de la Coupe du Monde de football. Nous sommes en direct de Dallas avec notre envoyé spécial Karim Baldé. Pascale Bourgaux est à Paris. Henry de Laguérie est à Mataro, près de Barcelone, là ou a grandi le prodige espagnol Lamine Yamal. Continue Reading »

Par TV5MONDE MOHAMED KACI TV5 JWPlayer Field Le traditionnel défilé militaire a eu lieu sous les yeux du président ukrainien Volodymyr Zelensky. À ses côtés, le président français et une vingtaine de dirigeants européens venus réaffirmer leur soutien à Kiev face à la Russie. TV5 JWPlayer Field Le traditionnel défilé militaire a eu lieu sous les yeux du président ukrainien Volodymyr Zelensky. À ses côtés, le président français et une vingtaine de dirigeants européens venus réaffirmer leur soutien à Kiev face à la Russie. Continue Reading »

Strait of Hormuz is at the center of renewed US-Iran conflict, with rising oil prices and competing claims over control of the route Read Full Article at RT.com Continue Reading »

Ankara showed a bloc talking tough, but deep splits over war, spending, and Washington’s role are already shaping the continent’s next model Read Full Article at RT.com Continue Reading »

Kiev’s European backers cannot play a role in settling the Ukraine conflict while excluding Russia, the Kremlin has said Read Full Article at RT.com Continue Reading »

Russian forces have struck Ukrainian drone and missile production sites in Kiev, and port infrastructure in Odessa, according to the MOD Read Full Article at RT.com Continue Reading »

India is verifying claims made by a purported US citizen, including his identity, travel history, and a Chinese passport seized from him Read Full Article at RT.com Continue Reading »

Член финской национально-консервативной партии "Альянс свободы" прокомментировал инициативу некоторых стран Евросоюза лишить МОК финансирования за снятие ограничений с российских спортсменов Continue Reading »

Встреча против команды Испании стала для него 21-й на мировых первенствах Continue Reading »

Пострадавших нет Continue Reading »

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IBM stock craters 24% after earnings warning... (Top headline, 1st story, link) Related stories:$68 BILLION WIPED IN HOURS... Drudge Report Feed needs your support!   Become a Patron Continue Reading »

$68 BILLION WIPED IN HOURS... (Top headline, 2nd story, link) Related stories:IBM stock craters 24% after earnings warning... Continue Reading »

ICE SUSPENDS CAR STOPS AFTER KILLINGS (Main headline, 1st story, link) Related stories:QUOTAS AND CHAOS Continue Reading »

QUOTAS AND CHAOS (Main headline, 2nd story, link) Related stories:ICE SUSPENDS CAR STOPS AFTER KILLINGS Drudge Report Feed needs your support!   Become a Patron Continue Reading »

Majority of Americans Now Support Seizing Wealth From AI Industry... (First column, 1st story, link) Related stories:NY Enacts First Statewide Moratorium on Data Centers...PAPER: Bots ruining internet... Continue Reading »

Analyst Alex Alfirraz Scheers says the US risks falling into an escalation trap if it launches a ground assault in Iran. Continue Reading »

Donald Trump backs away from fee, says regional countries will instead invest in US in return for transit protection. Continue Reading »

US President Donald Trump says he has abandoned his proposed 20% fee on cargo transiting the Strait of Hormuz. Continue Reading »

NASA chief Jared Isaacman made a rare visit to the Russia-operated Baikonur Cosmodrome to witness the launch.  Continue Reading »

Millions lost power as Cuba’s fifth nationwide blackout of 2026 hit amid a US-imposed oil blockade. Continue Reading »

Five blasts were heard near Bandar Abbas after a third consecutive night of US strikes on Iranian military targets; Oman’s foreign minister says talks are underway to secure freedom of navigation through the strait Continue Reading »

The coalition bill would suspend enforcement against ultra-Orthodox men who fail to report for military service, even as the army warns of a severe troop shortage and thousands of reservists carry a growing wartime burden Continue Reading »

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Jordan has intercepted repeated missile launches from Iran but avoided direct public confrontation with Tehran, reflecting what analysts describe as a calculated effort to protect the kingdom’s security without triggering a broader escalation Continue Reading »

Both countries resume US-mediated negotiations in Rome, with Beirut demanding an immediate pullout from two pilot zones and Jerusalem seeking guarantees that Hezbollah will not return Continue Reading »

The president now wants Gulf nations to invest in the U.S. in exchange for safe passage. Shipping industry experts worry other nations will follow that lead. Continue Reading »

The meeting comes as President Trump’s administration has been ratcheting up pressure on Baghdad to diminish Iran’s influence in Iraq. Continue Reading »

The Times reported that Israel had planned to reinstall Mahmoud Ahmadinejad as Iran’s leader after the war. Continue Reading »

The payment illustrates the minefield Mr. Trump has created by maintaining personal financial ties with foreign businesses while he is in office. Continue Reading »

The cooperation of Todd Blanche will be a flashpoint in his confirmation hearing to be attorney general on Wednesday. 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 »

Even as it hosts a World Cup semifinal, the city of Dallas is fighting over the future of its sports franchises' homes. Continue Reading »

Leaders from France and Spain will have to watch today's World Cup semifinal on TV. Continue Reading »

It’ll be their first and potentially only public face-off ahead of the July 25 nomination convention to replace Graham Platner as the Senate nominee. Continue Reading »

As the two nations meet on the field, the tiny country they’ve co-ruled for centuries is still on the bench when it comes to EU membership. Continue Reading »

Less than an hour after dropping off Les Bleus in Dallas, the plane departed for Texas to conduct another deportation flight to Mexico. Continue Reading »

Draft text of the Digital Age Assurance Act mirrors a California law that has received widespread industry support. Continue Reading »

Tuesday’s procedural vote sets up debate on State Department funding and other key bills. Continue Reading »

The House Judiciary chair said he is speaking with Rep. Chip Roy, a key holdout. Continue Reading »

The speaker wants the House Budget Committee to markup a budget blueprint Thursday, but it's not clear it will have the votes. Continue Reading »

Democrats have split on a contentious amendment to the fiscal 2027 State Department spending bill. Continue Reading »

Trump’s legal team had launched a furious legal fight to prevent the president from being forced to pay Carroll. Continue Reading »

Graham’s track record has some anti-interventionists treating the senator’s death as a sort of macabre opening for the America First movement. Continue Reading »

Swing state candidates aren’t rushing to commit to Trump’s midterm convention Continue Reading »

The weapon was not said to have discharged, and USCP did not report any injuries. Continue Reading »

Lindsey Graham’s death deprives President Donald Trump of one of his most effective Capitol Hill operators — and leaves Senate Republicans without one of their strongest links to the White House. Continue Reading »

• Immigration and Customs Enforcement agents have been directed to halt most traffic stops after an ICE officer fatally shot a man in Biddeford, Maine, yesterday — a striking reversal in tactics days after a federal agent fatally shot a Mexican immigrant during a traffic stop in Houston. Continue Reading »

Manhattan's luxury real estate market ground to a halt last week, with just one trophy home asking more than $10 million entering contract — as brokers told The Post that anti-wealth rhetoric from Mayor Zohran Mamdani and the controversial pied-à-terre tax are spooking affluent buyers. Continue Reading »

One of America's most popular fast-food chains is under scrutiny as federal and state health officials investigate whether Taco Bell locations may be connected to a rapidly growing cyclosporiasis outbreak. Continue Reading »

Donald Trump can order a strike. He can give the Pentagon a mission. He can say the Strait of Hormuz will remain open. But even the president of the United States cannot create confidence by executive order. The latest crisis in Hormuz shows that America's war with Iran has entered a phase that can no longer be measured only by bombs, warships, or destroyed targets. The real question now is whether global markets believe Washington's claim that the route is safe. Continue Reading »

U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, while underlying price pressures also cooled more than expected. Continue Reading »

Americans got a break on inflation last month, with better deals at the gas station and cooler price increases across much of the economy. Continue Reading »

Inflation pulled back in June after surging in prior months due to the Iran war's impact on energy prices throughout the economy. Continue Reading »

The LAPD has halted use of Flock Safety's license plate surveillance cameras amid mounting concerns over who controls the data and how it may be shared with other agencies, including immigration authorities. The move follows an inspector general audit urging a pause on new deployments and contracts until enforceable privacy, security and oversight rules are in place. Flock, which contracts with thousands of departments nationwide, disputes the concerns as "misconceptions," while protesters in downtown L.A. press the city to curb expanding surveillance of drivers. Continue Reading »

The Los Angeles Police Department (LAPD) is reportedly ending its deal with Flock Safety, a surveillance company that helps law enforcement track vehicles using thousands of its license plate cameras placed across the United States. A senior LAPD official told news outlets, first reported by ABC7 and the Los Angeles Times, that the police department would allow its three-year contract with Flock to expire when it ends on Saturday. The department cited "serious concerns" around civil liberties and privacy. Flock's cameras are operated by the Atlanta, Georgia-based company and not the LAPD. Continue Reading »

The LAPD is suspending its deal with a surveillance company that operates license-plate reading cameras over a disagreement with the vendor over who controls the footage, department officials revealed. The department is halting its ties with Flock Safety, which operates some of the LAPD's network of license plate cameras, amid ongoing contract negotiations, department CIO Dean Gialamas told The Post. Continue Reading »

The Hungarian parliament on Monday, July 13th adopted the 17th amendment to the Basic Law (Hungary's constitution) with 139 votes in favor and 6 against. As we reported, the amendment was proposed by PM Péter Magyar as part of what he dubbed Operation Purgatory Fire. Continue Reading »

Senators in both parties are hoping to pass a long-stalled Russia sanctions bill championed by their late colleague Lindsey Graham. The 71-year-old South Carolina Republican died unexpectedly Saturday night after returning from a trip to Ukraine, where he announced that the White House had agreed to support his bipartisan bill to sanction purchasers of Russian oil. Continue Reading »

Consumer prices rose 3.5% from June 2025 and dropped 0.5% from May and June, the Bureau of Labor Statistics reported, well below consensus analyst estimates of a 3.9% annual increase, according to FactSet. That's the largest month-to-month decline in consumer prices since April 2020 (0.8%), according to the agency. Continue Reading »

A New Jersey man says he was forced to change an anti-war T-shirt before boarding a United Airlines flight after a flight attendant deemed the message offensive. Sam Saadeh, of Linden, New Jersey, said he was boarding a June 4 flight from Atlanta to Newark Liberty International Airport while wearing a shirt reading, "Bombing kids is not self defense," when a United supervisor approached him shortly after he took his seat, according to CBS New York. Continue Reading »

President Trump formally notified Congress that "military action" against Iran restarted last week, according to a letter obtained by CBS News on Monday, as a monthslong ceasefire comes to an end. Military action "commenced on July 7," the president said in a message dated July 10 and addressed to Republican Sen. Chuck Grassley of Iowa, the Senate's president pro tempore. Continue Reading »

U.S. President Donald Trump has sent Congress formal notification that hostilities against Iran resumed on July 7, a letter his administration sees as opening a new 60-day ​window to use the military in the region without congressional approval. "I directed this ‌military action consistent with my responsibility to protect Americans and United States' national security and foreign policy interests," Trump said in the letter, dated July 10, and seen by Reuters on Monday. Continue Reading »

President Donald Trump formally notified Congress that the United States has resumed military operations against Iran, restarting the War Powers Act clock after a months-long ceasefire collapsed. In a July 10 letter dated obtained by CBS News, Trump said military operations resumed on July 7 following Iranian attacks on neutral commercial vessels transiting the Strait of Hormuz, which the administration said violated a memorandum of understanding signed between the two countries last month. Continue Reading »

A federal judge Monday blasted President Trump's settlement with the IRS, finding that the lawsuit that served as the hook for the $1.776 billion "anti-weaponization" fund amounted to collusion as the two parties were never truly averse. The ruling from U.S. District Judge Kathleen Williams also sanctions Trump's attorneys on the case while suggesting Acting Attorney General Todd Blanche should also be disciplined. Continue Reading »

California Attorney General Rob Bonta is leading 12 states suing to block the acquisition of Warner Bros. Discovery by Paramount Skydance. The lawsuit was filed Monday in the U.S. District Court for the Northern District of California. In addition to Bonta, who's a Democrat, the plaintiffs are Democratic attorneys general from Arizona, Colorado, Connecticut, Massachusetts, Minnesota, Nevada, New Jersey, New Mexico, New York, Oregon and Washington. Continue Reading »

Mexico has said that it will request that criminal charges be filed in United States courts after more than a dozen of its citizens were killed by US immigration authorities or died in their custody. On Monday, President Claudia Sheinbaum announced that the requests were being formally lodged with US prosecutors, days after an Immigration and Customs Enforcement (ICE) agent shot and killed Mexican citizen Lorenzo Salgado Araujo during a raid in Houston on July 7. Continue Reading »

Lucid Crashes On Report It's Weighing A Take-Private Or Bankruptcy Shares of struggling EV maker Lucid plunged as much as 49% after auto-industry news website Electric-Vehicles.com reported that the company is working with restructuring adviser AlixPartners to evaluate strategic options, including a potential take-private transaction or a Chapter 11 bankruptcy filing. Lucid (LCID) considering going private or chapter 11, according to https://t.co/lDDwzdDPdL LUCID DOWN 45% — zerohedge (@zerohedge) July 14, 2026 Lucid EV Here's more from the report: According to the sources who spoke on condition of anonymity because the review is strictly confidential, AlixPartners is urging the board to run one more round of restructuring in the United States and Europe, and to narrow the company's focus onto its Gravity SUV. . . . One person close to the matter told EV that the two starker questions, whether Lucid should be taken private or seek Chapter 11 protection, are among the scenarios the adviser has been asked to weigh. Neither, the person stressed, is a decision the board has taken. Shares were halved in late afternoon trading in New York... Multiple trading halts seen.  How long until Lucid denies the report? Tyler Durden Tue, 07/14/2026 ... Continue Reading »

Whose-muz? By Michael Every of Rabobank Whose-muz? Oil leaped 9%, the largest move since 2020. Today, it’s up another 2.5% to $85 at time of writing. It’s a good job we also have the Cleveland Fed’s trimmed-mean inflation measure out as well, right? Obviously, oil was driven by developments in Hormuz - or rather Whose-muz? There, besides reimposing the naval blockade of Iran, President Trump stated those using the waterway will now pay 20% of the value of cargo as compensation to the US, the strait’s new guardian. While the proposed Iranian toll the US rejected was $2m per tanker, or $1 per barrel of oil and $22 per tonne of LNG, Bloomberg estimates Trump fees at $30m per supertanker, the equivalent of $8 on oil and $177 on LNG. Naturally, the UN shipping agency is opposed to any fees for any strait and wants details on that Trump tariff – as if that will stop it. More bluntly, Iran responded with missile attacks on tankers, with two from the UAE hit, as well as more strikes against the GCC and US military bases, the latter so far avoiding both energy and critical infrastructure. ... Continue Reading »

China's Helium Export Ban Raises New Risks For Global Supply Chains Authored by Michael Zhuang via The Epoch Times, China has imposed a temporary ban on helium exports, adding fresh uncertainty to global supplies of a gas essential to semiconductor manufacturing, aerospace, medical equipment, and other high-tech industries. The first pilot helium production facility in Europe, located in Saint-Parize-le-Châtel, France, on Sept. 11, 2024. FREDERIC MOREAU/Hans Lucas via AFP/Getty Images The July 10 announcement by China's Ministry of Commerce and General Administration of Customs comes as Beijing faces mounting pressure on its own helium supplies following disruptions to imports from Qatar and Russia. Analysts who spoke to The Epoch Times say the move appears primarily aimed at safeguarding China's domestic supply rather than directly targeting the United States. However, since Chinese companies have increasingly served as intermediaries for Russian helium exports, the restriction could further disrupt global supply chains, particularly in Europe. Beijing Announces Temporary Export Ban The Chinese regime said the export restriction was imposed under the country's Foreign Trade Law. It took effect immediately. The regime did not specify how long the temporary measure would remain in place. Helium is a colorless, odorless, non-toxic ... Continue Reading »

Just 27.6% Of Stocks Outperform The Market While 60% Destroy Shareholder Wealth, New Study Finds From 1926 through 2025, just 27.6% of stocks beat the broader market. Nearly 60% actually destroyed shareholder wealth, and the median stock delivered a lifetime return of -6.9%. Yet despite those sobering odds, U.S. stocks collectively created roughly $91 trillion in wealth over the last century, with just 46 companies responsible for half of it. Those are some of the headline findings from a new study by Hendrik Bessembinder of Arizona State University's W.P. Carey School of Business, who examined the performance of nearly 30,000 U.S. stocks over the last century. The research paints a striking picture of how wealth is actually created in the stock market: while broad market indexes have generated exceptional long-term returns, the vast majority of individual stocks have failed to keep pace. Bessembinder analyzed 29,754 publicly traded U.S. stocks between 1926 and 2025. Over that period, the overall stock market produced an annualized return of about 10.1%, turning every dollar invested into more than $15,000, according to the study, detailed in this white paper.  But those impressive aggregate returns mask an uncomfortable ... Continue Reading »

AI Companies Absorbing Office Space At Record Pace: Report Authored by Rob Sabo via The Epoch Times, Artificial intelligence (AI) firms are absorbing office space in primary markets such as San Francisco and New York City at a record pace, and the sector’s voracious demand for office space to build out development teams and products has begun spilling into a select subset of submarkets as well. National AI office demand was up 85 percent in the 12 months through May and spiked 179 percent in major AI hubs, a new AI report published on July 9 by AI-powered commercial real estate platform VTS states. AI companies represented office demand of 16.8 million square feet across 17 markets during the period, VTS senior research manager Rene Moreira noted. However, three metro areas represented nearly two-thirds of total office demand from AI companies, with San Francisco—the global epicenter for AI talent and development—accounting for 25 percent. Office properties in San Francisco and Silicon Valley, California, and New York accounted for 63 percent of all current AI leasing, Moreira said. “San Francisco alone sits at 5 million square feet, nearly a third of the national total,” he ... Continue Reading »

KeyBanc Downgrades Apple On New Growth Slowdown Fears Apple shares fell 1% in premarket trading after KeyBanc Capital Markets downgraded the iPhone maker to "Underweight" from "Sector Weight" and set a 12-month price target of $250. This implies roughly a 21% decline from Monday's close, putting the stock in bear-market territory. The downgrade by KeyBanc analysts Brandon Nispel and John Vinh is based on a widening disconnect between Apple's valuation and its underlying growth outlook. They cite soaring memory chip prices, which are pushing iPhone, Mac, and iPad prices higher. This increases the risk of demand destruction, slower unit sales, and a softer upgrade cycle. At roughly 35 times forward earnings, Nispel warned that Apple's valuation leaves little room for a slowdown: We downgrade AAPL to Underweight ($250PT; 19x '27 EV/EBITDA, 27.5x PE). Our KFLD shows Indexed Spending -2% m/m, which is below the three-year avg of +9% m/m, another month of below-trend growth. We think expectations NT are reasonable though we see: 1) slowing iPhone builds with price increases, weak U.S. upgrades, and changing device subsidy models; 2) '27 expectations that likely need to move lower for Mac, iPad, and Wearables; and 3) ... Continue Reading »

These Are The Riskiest States To Quit Your Job In A new study from Affordable Contractors Insurance examined labor market conditions across all 50 states to identify where workers face the greatest challenges replacing a job after voluntarily leaving one. Researchers evaluated unemployment rates, hiring activity, competition for available positions, household income, and local living costs to create an overall risk ranking. California finished at the top of the list as the most difficult state to recover after quitting a job, followed by Massachusetts, New York, Pennsylvania, and New Jersey, according to Affordable Contractors Insurance.  California's combination of a sluggish labor market and high living expenses pushed it well ahead of every other state. The report found there are roughly 1.6 unemployed workers for every available job opening, while the state's unemployment rate stands at 5.5%—the highest in the nation. Employers are also adding workers at a relatively slow pace, with monthly hiring reaching just 3% of the workforce. Meanwhile, everyday expenses remain about 40% higher than the national average, increasing the financial pressure on anyone searching for work. The ACI data shows that Massachusetts ranked second despite boasting one of the country's ... Continue Reading »

Graham's Final Mission? Trump Backs Hard-Hitting Russia Sanctions Package Apparently the late Senator Lindsey Graham's hawkish neocon legacy will continue to reverberate from beyond the grave. The 71-year old lawmaker died Saturday night "from a brief and sudden illness" - immediately after returning from Ukraine where he had toured drone and weapons factories. President Trump is expected to support the passage of a new bipartisan Russia sanctions package that was long spearheaded by Graham, according to CNN citing a White House official. via Associated Press The South Carolina senator spent years trying to finally advance it across the finish line, but the Trump administration entered the White House loudly pushing diplomacy with Moscow and the idea that a swift end to the over four-year long war could be achieved by Trump's direct mediation and negotiating prowess. The policy reached an apex with the Trumpm-Putin Alaska summit, but failed to take off from there. Instead, the world is currently witnessing the war's biggest escalatory phase in years, especially given the nightly major Ukrainian drone strikes on Russian energy sites and infrastructure. Russia's aerial bombardment of Ukrainian cities, including on the capital, has in turn stepped up. The sanctions ... Continue Reading »

Trump Backs Off 20% Fee Plan For Hormuz, Asserts 'FULL Blockade' Only On Iranian Ports Update(12:00ET): It's the return of another TACO Tuesday as President Trump in a lengthy Truth Social missive appears to have reversed his plan to collect a 20% of cargo fee for international vessels wishing to transit the Strait of Hormuz. "Oil is flowing like never before," he began (except it's not...), before writing, "Based on highly productive conversations with Middle East leadership, I have decided to replace the 20% United States Reimbursement Fee with Trade and Investment Deals that the various Gulf States will be making into the United States. Those Investments will be MASSIVE but, at the same time, extraordinarily good for them, and their future." He echoed the same in follow-up with reporters at the White House: Trump on Strait of Hormuz fees: I was called by different people, different countries — kings, emirs, and all of the people that we all know. They said we'd love to do it a different way. We'd love to invest in the United States — billions and billions of dollars. And continue… pic.twitter.com/MHFmQfhxVy — Clash Report (@clashreport) July 14, 2026 So ... Continue Reading »

Trump's Election Integrity Efforts Meet Resistance In Courts Authored by Stacy Robinson via The Epoch Times, President Donald Trump's efforts to overhaul U.S. voting systems have been stymied by court orders finding that his tactics were legally flawed. People vote in the mayoral election in Washington on June 16, 2026.Madalina Kilroy/The Epoch Times During his second term, Trump issued two executive orders on election integrity. Among other provisions, they required proof of citizenship and asked multiple federal agencies to compile a list of eligible voters in each state. Some courts blocked his actions, saying that the requirements intruded on Americans' privacy rights and could exclude eligible voters. At least one court ruled in Trump's favor, however, creating a conflict between two judges. Here's what to know about Trump's efforts and the legal battles surrounding them. Trump's Orders The president's first executive order, signed in March last year, mandated proof of citizenship when registering to vote and blocked funding for states that didn't adequately enforce election laws. Trump also ordered the Secretary of Homeland Security to give state and local officials access to free, "appropriate systems for verifying the citizenship or immigration status of individuals registering to vote ... Continue Reading »

Here Is What America's Largest Banks Reported In Their Q2 Earnings Reports In terms of perceived report quality relative to positioning, the ranking appears to be Goldman Sachs first, followed by Bank of America (pending guidance), then Wells Fargo, and finally JPMorgan. The broader theme across the group was fairly consistent: NII was generally underwhelming, fee income was strong as expected, capital markets results were very strong, and there was a clear halo effect from the strong deal calendar (SpaceX IPO most notably) that benefited equities trading. At the same time, expenses came in higher alongside the revenue beats, largely reflecting increased compensation costs tied to stronger activity levels. * * *  Goldman Sachs delivered a standout quarter, reporting EPS of $20.98 versus $14.10 consensus, with buy-side expectations largely in the $15–16 range. Net revenue came in at $20.3 billion compared with $16.4 billion consensus, driven by equity trading and to a lesser extend FICC and invesmtent banking. Expenses were elevated but not surprising given the magnitude of the revenue beat, with compensation driving most of the increase. Investment banking fees reached $3.4 bn versus $2.9 bn consensus, as stronger ECM ... Continue Reading »

Big Blew It! IBM Crashes Most Since '60s Amid CapEx Woes; Goldman Warns Over 'Software Bear Case' Summary: Wall Street Desks Stunned  IBM Shares Crash Most On Record, Exceeding Dot Com & 1987 Crashes  CEO Arvind Krishna Blamed Preliminary 2Q Results on "Shifting" Customer CapEx Spending IBM's surprise second-quarter warning blindsided traders Tuesday morning, raising new concerns that enterprise technology budgets are being redirected toward AI infrastructure at the expense of traditional software and IT services. Shares plunged 24% in the first 20 minutes of New York trading. Should those losses hold through the close, IBM would suffer its largest one-day crash on record, based on Bloomberg trading data going back to 1968. Here's what Wall Street's top desks are saying in first takes: UBS analyst Robert Ruple: The big news this morning was a surprising negative preannouncement by IBM, down 22%, with Q2 sales of $17.2 bn versus $17.8 bn expected and EPS of $2.93 versus $3.02. Citing unanticipated capex reprioritization impacting client buying patterns with numerous large deals failing to close on time, cybersecurity distractions and some supply chain-related impact where they saw clients shift their quarterly capex spend toward servers, storage, and memory ... Continue Reading »

Watch: Smug NYT Podcaster Visibly Annoyed When Mick Jagger Defends Elon Musk Authored by Steve Watson via Modernity News, Mick Jagger just delivered a masterclass in cutting through media spin, leaving a leftist New York Times podcaster visibly rattled as he clarified that his "mad mogul" lyric about Elon Musk was actually a compliment. The Rolling Stones legend refused to play along with the expected narrative during the interview, pushing back firmly when the host, David Marchese, presumed the line was a diss. Instead, Jagger highlighted Musk's real-world achievements in space, crediting him with stepping up where government agencies have fallen short. Watch the NYT podcaster's face when he realizes Mick Jagger likes and respects Elon Musk—after initially thinking a new Rolling Stones song lyric was a diss: NYT: "But something's nagging at you, what is it?" Jagger: "No, it's not nagging. It's just that people, they hear one... pic.twitter.com/UuuIgPSSyG — Julia ?? (@Jules31415) July 14, 2026 In the exchange, Jagger explained the context behind the lyric from the new Rolling Stones album Foreign Tongues. He pointed to the rescue of the stranded NASA astronauts last year, noting that Musk's SpaceX provided the transportation NASA couldn't. Jagger told ... Continue Reading »

Warsh Tells Congress Fed Has "No Tolerance For Elevated Inflation": Watch His Testimony Live Fed Chair Warsh (voter) will deliver his first semi-annual testimony as Fed Chair to the House. Warsh’ text was e released at 08:30EDT (link here) and he is scheduled to begin his testimony at 10:00EDT. In his prepared remarks, Warsh said policymakers at the central bank have no tolerance for high inflation, reiterating a vow to tame price growth that has been elevated for five years.  “The members of our committee have no tolerance for persistently elevated inflation,” Warsh said Tuesday in testimony he’s scheduled to deliver before lawmakers at 10 a.m. “And we share a resolute commitment to restoring price stability.” The new Fed chairman has emphasized policymakers’ commitment to tackling inflation since he took office in May, and said the number one objective is to get monetary policy right: “If we get policy right — and we will — the inflation surge of the last five years will be a thing of the past,” Warsh said.  As Bloombgerg notes, Warsh’s remarks before the panel come amid warnings from several other Fed policymakers that higher interest rates may be needed ... Continue Reading »

Warren Buffett Cuts Gates Foundation From Annual Stock Giving As Epstein Scandal Shadows Over Bill Gates Warren Buffett excluded the Gates Foundation from his annual charitable stock gifts for the first time in two decades, as scrutiny over Bill Gates' connections with convicted sex offender Jeffrey Epstein continues to cast a dark shadow over Gates and the foundation. CNBC reports that the 95-year-old chairman will donate 9 million Class B shares to the Susan Thompson Buffett Foundation, and 1 million shares each to the Sherwood Foundation, the Howard G. Buffett Foundation, and the Novo Foundation. "My goal is to dispose of all of my Berkshire shares within about eight years," Buffett wrote in a statement announcing the gifts. He added, "As I explained last year, my children are unfortunately growing older. I have every hope that the three of them are able to carry out the disposal of my shares by December 31, 2034." Buffett's exclusion of the Gates Foundation breaks decades of giving; the foundation has received more than $47 billion in Berkshire stock from Buffett since 2006. This follows scrutiny of the foundation's ties to Epstein, and Buffett has recently ... Continue Reading »

Rate-Hike Odds Slump As US Consumer Prices Plunge Most Since COVID In June With oil prices having tumbled (before this latest resurgence) but semiconductor prices soaring still, expectations were for a small 0.1% MoM decline in CPI but in fact it printed dramatically cooler, dropping 0.4% MoM - the biggest monthly decline since COVID (April 2020), dragging the YoY CPI change down to +3.5% YoY... Source: Bloomberg Both Goods and Services costs saw YoY growth decline... Energy dominated the decline while Core Services rose very modestly... CPI breakdown: Headline CPI down 0.4% MoM in June after rising 0.5% in May. This decline in the all items index was the largest 1-month decrease since April 2020 when it fell 0.8% . Over the last 12 months, the all items index increased 3.5% YoY after rising 4.2% in May. Core CPI rose 2.6% over the year, following a 2.9% increase in May. The energy index increased 15.7% for the 12 months ending June. The food index increased 3.0% over the last year. The shelter index increased 3.3% over the last year. Other indexes with notable increases over the last year include airline fares (+26.5%, medical care (+2.0%), recreation (+2.8%), ... Continue Reading »

Futures Mixed Ahead Of CPI And Warsh Testimony, As IBM Sinks, Bank Earnings Fizzle US stocks are struggling for direction as traders waited to buy the dip on a busy day that kicked off with Wall Street earnings whichwith JPM, BofA, Goldman, Citi and Wells all reporting. Kevin Warsh’s testimony before Congress and CPI data are due later. As of 8:00am ET, S&P 500 futures fell 0.2% with Nasdaq 100 contracts up 0.6%, set for a rebound from the selloff in AI-linked names yesterday and defying declines elsewhere. In premarket trading, IBM crashed 20% - the most since 1987 - after unexpectedly preannouncing a big revenue miss; elsewhere, semiconductors are leading after Korea's Kospi staged a powerful rebound from session lows while SK Hynix saw a 10% swing in Korea trading; Mag7 is mixed, and the AI theme is bid.  WTI crude traded around $80/bbl and Brent above $86/bbl (both off session highs) as the ceasefire / MoU appear to be voided with both sides claiming control of the SoH.  Both Disc and Staples are lower, perhaps reflecting some consumer fears. Energy / Mats are bid on the Middle East, Fins are bid ... Continue Reading »

Spotting Market Bubbles: Why History Says It's Nearly Impossible Authored by Lance Roberts via RealInvestmentAdvice.com, If you knew you were standing inside a stock market bubble, you wouldn’t be standing in it for long. You’d sell. So would I, and so would everyone reading this. And if spotting market bubbles was something everyone could do in real time, the bubble couldn’t form in the first place. That paradox is why spotting market bubbles is one of the hardest jobs in finance, and why bubbles look painfully obvious only after the fact. Market bubbles are not a modern invention. They’ve been a recurring feature of financial life for almost 400 years, ever since the first organized stock exchange opened in Amsterdam in the early 1600s. The Dutch Tulip Mania of 1636 to 1637 is the textbook case. Tulip bulb prices in the Netherlands soared roughly twentyfold in a few months, then collapsed by about 99% in May 1637. Less than a century later, the South Sea Bubble of 1720 took shares of the South Sea Company from £128 in January to £1,050 in June before collapsing back to near the starting price by year-end. Isaac ... Continue Reading »

The UK Government Lobbied For Putting Migrants And Trans People On Banknotes Authored by Steve Watson via Modernity News, The UK's own Cabinet Office pushed hard to overhaul banknotes by elevating LGBT+ and ethnic minority figures, claiming historic greats like Winston Churchill gave an "incomplete picture" of British identity. This push came just before the Bank of England decided to ditch those same towering historical figures for images of hedgehogs and foxes. This latest revelation exposes the ideological machinery at work inside Whitehall. While the public recoiled at the idea of swapping national heroes for animals, government officials were actively lobbying for even more radical identity-driven changes. In a letter to the Bank of England's chief cashier last summer, officials from the Office for Equality and Opportunity - part of the Cabinet Office and led by Bridget Phillipson - argued that current historical figures reflected "limited dimensions of British identity." They called for "greater representation of women, disabled people, ethnic minority communities and LGBT+ individuals" to "send a strong signal of progress and recognition." Alan Mendoza and former Glasgow City Councilor Austin Sheridan react as the Cabinet Office urge the inclusion of LGBT ... Continue Reading »

JPMorgan Drops Despite Highest Quarterly Profit In HIstory, As Traders Focus On Negatives Q2 earnings season is officially off. Moments ago, JPMorgan became the first mega bank to report Q2 earnings (technically Wells beat it by a few second but nobody really cares about that particular bank), firing the starting pistol on the second quarter earnings season. The Q2 results were solid (Net Interest Income and FICC miss but more than offset by blowout Equity Sales and Trading and Investment Banking revenue) , but as we note in out bank earnings preview last night, perfection (and beyond) was already largely priced into the stock which has become a true hedge fund hotel, and as a result the stock is modestly in premarket trading.  Here is a snapshot of what the company reported for Q2: EPS $7.70, beating est. of $5.58, and up $2.46 YoY Revenue:  Adjusted revenue $58.02 billion, smashing est $51.39 billion, and up $12.3 billion YoY Managed net interest income $25.62 billion, missing est, $25.64 billion  Total Commercial and Investment Bank revenue $24.85BN, up $5.32BN YoY FICC sales & trading revenue $6.05 billion, missing est. $6.29 billion with weakness in commodities Equities sales & trading revenue $6.03 billion, ... Continue Reading »