Culiacán in northern Mexico has seen a surge in violence as rival factions of the Sinaloa cartel battle for control. Continue Reading »

Sir Lindsay Hoyle tells MPs he was acting "in good faith as is my duty and responsibility" as he felt information was "relevant". Continue Reading »

Former gamekeeper David Campbell murdered Brian Low in Aberfeldy two years ago then tried to cover his tracks. Continue Reading »

It come after a minister said the UK is discussing "concerns" with the US, after President Trump criticised the deal. Continue Reading »

Christopher Trybus, 43, is charged with manslaughter, coercive control and two counts of rape. Continue Reading »

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• Fox-Dominion trial delay 'is not unusual,' judge says • Fox News' defamation battle isn't stopping Trump's election lies Continue Reading »

The judge just announced in court that a settlement has been reached in the historic defamation case between Fox News and Dominion Voting Systems. Continue Reading »

A settlement has been reached in Dominion Voting Systems' defamation case against Fox News, the judge for the case announced. The network will pay more than $787 million to Dominion, a lawyer for the company said. Continue Reading »

The Samsung S26 has three separate AI systems with Google's Gemini, Perplexity and its own upgraded Bixby. Continue Reading »

The investment was separate from the $100 billion funding round that OpenAI is finalizing, according to a source. Continue Reading »

The companies attending the March 4 meeting include Amazon, Google, Meta, Microsoft, xAI, Oracle and OpenAI, a White House official confirmed. Continue Reading »

The prospect of being replaced by artificial intelligence is helping to scare higher-income workers. Continue Reading »

Bill Gates "took responsibility for his actions" in a meeting with employees of the Gates Foundation, which had held fundraising discussions with Epstein. Continue Reading »

Par AFP Par Taimaz SZIRNIKS © 2026 AFP La styliste Maria Grazia Chiuri a fait son retour chez Fendi mercredi en présentant à Milan une collection sensuelle et délicate, avec d'inédites fourrures retravaillées.Saluée par une standing ovation, Maria Grazia Chiuri retrouvait Fendi 35 ans après ses débuts dans la maison romaine, succédant à Karl Lagerfeld, Kim Jones et Silvia Venturini Fendi, héritière des fondateurs de la griffe.La créatrice a expliqué vouloir présenter une "géographie personnelle" de la mode, mettant en avant l'histoire de Fendi comme la collaboration avec d'autres créateurs. Cette méthode avait déjà participé à son succès critique et commercial chez Dior, une des autres perles de la couronne de LVMH, numéro un mondial du luxe. Cette première collection automne-hiver, mixte, a notamment mis en avant des fourrures noires, blanches, vertes, toutes recomposées. La "régénération" de ces fourrures "n'est pas un simple procédé de récupération, mais aussi un acte de résistance créative et radicale à la standardisation et à l’hyperconsumérisme, traits distinctifs de la mode instantanée et sérielle", a expliqué la marque de luxe dans un communiqué."Sur le plan technique, en revanche, elle exige un engagement et des compétences artisanales supérieurs à ceux nécessaires à la confection ex ... Continue Reading »

Par AFP © 2026 AFP La Bourse de Paris a terminé en hausse de 0,47% mercredi, décrochant de nouveaux records de clôture et en séance, profitant de l'apaisement des craintes autour de l'intelligence artificielle avant les résultats de l'américain Nvidia.L'indice vedette CAC 40 a ainsi atteint un nouveau record en clôture, à 8.559,07 points, dépassant le précédant à 8.519,21 points qui datait de mardi. Le CAC 40 a également enregistré un nouveau record absolu à 8.560,91 points mercredi.Guillaume Chaloin, directeur de la gestion actions de Delubac AM, constate "une certaine détente sur la thématique de l'intelligence artificielle" mercredi, qui a soutenu des valeurs comme Dassault Systèmes (+3,41% à 18,03 euros), mis à mal ces derniers jours.Depuis plusieurs semaines, les marchés s'interrogent en effet sur la rentabilité des dépenses colossales des géants de la tech dans le développement de l'IA, qu'ils financent de plus en plus en s'endettant alors qu'ils utilisaient auparavant leur trésorerie.Les inquiétudes concernent aussi les conséquences du développement de cette nouvelle technologie pour le modèle économique de nombreux secteurs, comme celui des logiciels qui a connu de lourdes déconvenues en Bourse depuis le début de l'année.Après un début d'année marqué par des doutes sur la monétisation ... Continue Reading »

Par AFP Par Odile DUPERRY © 2026 AFP "Fini les galères": Bercy lance une campagne de sensibilisation des entreprises à l'entrée en vigueur au 1er septembre de la facturation électronique, qui lui permettra aussi de traquer les fraudeurs à la TVA.Au 1er septembre, les quelque 10 millions d'entreprises assujetties à la TVA devront avoir choisi une plateforme électronique parmi les 108 déjà agréées, via laquelle elles pourront recevoir leurs factures. A la même date, les plus grosses devront aussi les émettre de cette façon. Au 1er septembre 2027, tout le monde devra à la fois envoyer et recevoir de manière électronique."Le 1er septembre, c'est demain", a souligné lors d'une conférence de presse la directrice générale des Finances publiques Amélie Verdier.La campagne sera déclinée à la télévision, à la radio et dans la presse. Les spots télé s'adressent clairement aux petites et moyennes entreprises. Ils jouent sur l'humour, mettant en scène une entrepreneuse indépendante, un garagiste et des comptables de PME, tous en train de manipuler avec difficulté de lourdes rames de galère, à la recherche effrénée de factures égarées. Avec ce slogan: avec la facture électronique, "fini les galères".La campagne papier montre quant à elle des galères véritables, avec ... Continue Reading »

Par Séraphine Charpentier Le président américain Donald Trump a affirmé ce mardi 24 février que Téhéran cherchait à se procurer des missiles balistiques intercontinentaux (ICBM), pouvant atteindre les grandes villes américaines comme New York ou Washington, situées à près de 10.000 kilomètres de l'Iran. À ce jour, les missiles iraniens de courte et de moyenne portées peuvent atteindre des cibles situées à 3.000 kilomètres maximum. L'Iran parle, de son côté, de "mensonges éhontés". Le président américain Donald Trump a affirmé ce mardi 24 février que Téhéran cherchait à se procurer des missiles balistiques intercontinentaux (ICBM), pouvant atteindre les grandes villes américaines comme New York ou Washington, situées à près de 10.000 kilomètres de l'Iran. À ce jour, les missiles iraniens de courte et de moyenne portées peuvent atteindre des cibles situées à 3.000 kilomètres maximum. L'Iran parle, de son côté, de "mensonges éhontés".La simple idée qu'ils puissent un jour se retrouver dans les mains de l'Iran inquiète les ... Continue Reading »

Par AFP Par Jérémy TORDJMAN © 2026 AFP Les organisateurs évincés du Festival de BD d'Angoulême ont saisi la justice pour dénoncer une "appropriation brutale" de l'événement par une association regroupant pouvoirs publics et acteurs du secteur, à qui ils réclament 300.000 euros de dommages et intérêts.Selon l'assignation en référé consultée mercredi par l'AFP, le tribunal judiciaire d'Angoulême a été saisi mardi d'une demande de faire cesser les démarches visant à créer un nouveau festival de BD dans la ville en 2027, après l'annulation inédite de l'édition 2026 sur fond de boycott des auteurs.L'action pour "parasitisme" et "concurrence déloyale" a été lancée par l'association FIBD, qui détient les droits du festival depuis sa création en 1974, et la société 9e Art+ qui l'organise depuis 2007 et dont la gestion a été critiquée par une grande partie du monde de la BD. Elle vise l'Association pour le développement de la bande dessinée à Angoulême (ADBDA), qui regroupe financeurs publics (Etat, collectivités) et professionnels, et qui a lancé un appel à projets en janvier afin de choisir un nouvel organisateur pour 2027.Selon l'assignation en référé, cette association est citée à comparaître le 18 mars à 9H30 à Angoulême. Contactée par l'AFP, ... Continue Reading »

The US envoy to France has reportedly promised not to “interfere” into the country’s affairs in response to a diplomatic row Read Full Article at RT.com Continue Reading »

India’s nuclear triad, supersonic cruise missiles, and domestic production have placed it among the leading global missile powers Read Full Article at RT.com Continue Reading »

The US has reportedly deployed advanced F-22 stealth fighter jets to an Israeli air base amid rising tensions with Iran Read Full Article at RT.com Continue Reading »

Russian President Vladimir Putin has outlined plans for the development of bioeconomy at the Future Technologies Forum in Moscow Read Full Article at RT.com Continue Reading »

Iran has dismissed President Donald Trump’s allegations that it is seeking nuclear weapons as propaganda and “big lies” Read Full Article at RT.com Continue Reading »

Специалисты Роспотребнадзора провели замеры в расположенных рядом населенных пунктах Continue Reading »

Матч ЦСКА с "Сочи" 23 февраля был прерван после первого периода в связи с повторным объявлением на территории Сириуса и Сочи режима атаки БПЛА Continue Reading »

Регион единовременно может принять до 22 тыс. человек Continue Reading »

Заявки на регистрацию были поданы в Федеральную службу по интеллектуальной собственности Continue Reading »

Оптимальной для смены резины считают среднесуточную температуру около плюс 5-7 градусов и выше Continue Reading »

REVEALED: INSIDE EPSTEIN'S SECRET STORAGE LOCKER... (Top headline, 1st story, link) Related stories:Computers, video tapes, sex-slave manuals...NYT: DOJ Hiding Records About Woman Who Made Claim Against Trump... Drudge Report Feed needs your support!   Become a Patron Continue Reading »

Computers, video tapes, sex-slave manuals... (Top headline, 2nd story, link) Related stories:REVEALED: INSIDE EPSTEIN'S SECRET STORAGE LOCKER...NYT: DOJ Hiding Records About Woman Who Made Claim Against Trump... Continue Reading »

NYT: DOJ Hiding Records About Woman Who Made Claim Against Trump... (Top headline, 3rd story, link) Related stories:REVEALED: INSIDE EPSTEIN'S SECRET STORAGE LOCKER...Computers, video tapes, sex-slave manuals... Continue Reading »

DON DECLARES DEMS CAN'T WIN WITHOUT CHEAT (Main headline, 1st story, link) Related stories:'THESE PEOPLE ARE CRAZY'REPUBLICANS LOSE THREE MORE RACES Drudge Report Feed needs your support!   Become a Patron Continue Reading »

'THESE PEOPLE ARE CRAZY' (Main headline, 2nd story, link) Related stories:DON DECLARES DEMS CAN'T WIN WITHOUT CHEATREPUBLICANS LOSE THREE MORE RACES Continue Reading »

The Cuban Interior Ministry has said in a statement that it reserves the right to 'protect its territorial waters'. Continue Reading »

First of a series exploring the defining moments of the past decade. Continue Reading »

A US-imposed fuel embargo has threatened to spark a humanitarian crisis in Cuba, whose energy grid relies on fossil fuel Continue Reading »

Mexico kills cartel leader El Mencho. Violence erupts nationwide. What changes now? Continue Reading »

In US-blockaded Cuba, ingenious mechanics and inventors revive old machines to survive during a time of scarcity. Continue Reading »

Culiacán in northern Mexico has seen a surge in violence as rival factions of the Sinaloa cartel battle for control. Continue Reading »

Sir Lindsay Hoyle tells MPs he was acting "in good faith as is my duty and responsibility" as he felt information was "relevant". Continue Reading »

Former gamekeeper David Campbell murdered Brian Low in Aberfeldy two years ago then tried to cover his tracks. Continue Reading »

It come after a minister said the UK is discussing "concerns" with the US, after President Trump criticised the deal. Continue Reading »

Christopher Trybus, 43, is charged with manslaughter, coercive control and two counts of rape. Continue Reading »

Three editors in Washington discuss their approach to coverage of politicians and witnesses who sometimes seem to be performing for the cameras. Continue Reading »

The president said he had negotiated a deal with tech giants to cover the energy costs of data centers, but offered few details. Experts said such pledges could prove difficult in practice. Continue Reading »

Documents released by the Justice Department briefly mention a woman’s unverified accusation that Donald J. Trump assaulted her in the 1980s, when she was a minor. But several memos related to her account are not in the files. Continue Reading »

Mr. Summers, former president of the school, had stepped back from teaching after documents showed a closer relationship to Jeffrey Epstein than previously known. He will leave at the end of the academic year. Continue Reading »

Mr. Kerrey has left his role as chairman of the company, Monolith, after Justice Department documents showed he had met and corresponded with Jeffrey Epstein. Continue Reading »

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

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

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

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

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

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

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

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

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

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

The FBI was serving search warrants Wednesday at the Los Angeles Unified School District's headquarters and the superintendent's home. Federal officials in Los Angeles served the warrants as part of an ongoing investigation, according to a person familiar with the investigation who spoke to The Associated Press on condition of anonymity to discuss the probe. The nature of the investigation and what allegations were being examined was not immediately clear... Continue Reading »

White House envoy Steve Witkoff told a private gathering on Tuesday that the Trump administration is demanding that Iran agree any future nuclear deal will remain in effect indefinitely, according to a U.S. official and two other sources with knowledge of his remarks. Why it matters: President Trump and other critics of the 2015 Iran nuclear deal negotiated by the Obama administration seized on the "sunset provisions" as one of its main flaws... Continue Reading »

Former Harvard University President Larry Summers is resigning from his teaching and leadership positions at the university, in the latest fallout from his association with convicted sex offender Jeffrey Epstein. The announcement, which follows the release of emails between the two men, marks a formal break with the university with which Summers had been associated since he was a graduate student and then tenured professor in economics before serving as its president from 2001 to 2006... Continue Reading »

Newspapers write the stories of small towns. For generations, their newsprint has informed locals of goings on – of major events, of their leaders' activities, but also just of daily life. They also created a sense of connection in rural communities where people may live far apart. In relatively recent years, many Ozarks papers have been gobbled up by ownership groups. Those acquisitions proclaimed the benefits of consolidated efficiency and that the region's coverage would remain the same. Facing increased costs and drive for revenue, those promises often proved empty, resulting in smaller newsrooms and less content. There are obituaries, too – for the papers, not people... Continue Reading »

Senate Minority Leader Chuck Schumer on Wednesday defended Democrats for not standing at President Donald Trump's invitation during the State of the Union, saying they disagreed with the premise. Trump had invited members of the audience to stand if they believed the first duty of the U.S. government was to its citizens, not illegal aliens. Very few Democrats stood up. Schumer insisted that they had not done so because they did not believe that Trump's policies were in the best interests of American citizens... Continue Reading »

Billionaire Microsoft co-founder and jet-setting philanthropist Bill Gates apologized to staffers at his foundation for his connection to pedophile Jeffrey Epstein and admitted to affairs with two Russian women, whom he assured were not victims of Epstein's sex-trafficking scheme... Continue Reading »

NPR, a far-left propaganda outlet, decided that the day of President Trump's State of the Union was a good day to drop an Epstein hoax on him. "Justice Department withheld and removed some Epstein files related to Trump," reads the breathless headline. Uh, oh. Sounds like the walls are closing in… fer real. Here's the opening paragraph, and all I can say is gasp and egads… The Justice Department has withheld some Epstein files related to allegations that President Trump sexually abused a minor, an NPR investigation finds... Continue Reading »

A bombshell report is accusing the U.S. Department of Justice of removing hundreds of pages of files related to late sex trafficker Jeffrey Epstein that mention President Donald Trump, including allegations of sexual misconduct. A report from NPR, based on a review of serial numbers, internal FBI documents, discovery logs, and the publicly posted Epstein files database, found that more than 50 pages appear to have been catalogued by the DOJ but not publicly released despite a statutory requirement to make the files available. Among the records reportedly withheld are FBI interview notes with two women whose interviews had references to Trump when he was a private citizen and whom the agency interviewed in connection with Epstein and Ghislaine Maxwell investigations... Continue Reading »

The Justice Department has withheld some Epstein files related to allegations that President Trump sexually abused a minor, an NPR investigation finds. It also removed some documents from the public database where accusations against Jeffrey Epstein also mention Trump. Some files have not been made public despite a law mandating their release. These include what appear to be more than 50 pages of FBI interviews, as well as notes from conversations with a woman who accused Trump of sexual abuse decades ago when she was a minor... Continue Reading »

Gov. Abigail Spanberger (D-VA) said the nation did not hear the truth from President Donald Trump during his State of the Union address Tuesday night. Spanberger, who was speaking from Williamsburg, Virginia, for the official Democratic rebuttal, made Trump's economic stewardship the key thrust of her remarks. Gov. Abigail Spanberger (D-VA) delivers the Democratic response to President Donald Trump's State of the Union address. "Is the president working to make life more affordable for you and your family?" she asked. "We all know the answer is no." Spanberger also said in her rebuttal that the cost of living is too high, a complaint she said she heard repeatedly from Virginians. She added that Democrats across the country were also focused on affordability. The governor also delivered a response to Trump's deportation agenda, adding that Trump's Immigration and Customs Enforcement and Border Patrol agents have spread fear across America. Continue Reading »

Gov. Abigail Spanberger of Virginia framed the Democratic Party's rebuttal to President Trump's State of the Union address around three questions: Is he making life more affordable? Is he keeping Americans safe? And is he working on Americans' behalf? Ms. Spanberger, who took office last month, argued that on all three counts, the answer was no. "Is the president working for you?" she asked before a supportive crowd in Colonial Williamsburg in Virginia. "We all know the answer is no." Ms. Spanberger's speech — and the selection of her to deliver it — signaled how Democratic leaders want the party to be viewed in Mr. Trump's second term: sober and serious officials who understand voters' economic plight. Continue Reading »

Virginia Gov. Abigail Spanberger (D) ripped President Trump over issues around affordability and immigration as she delivered the Democratic response to the president's State of the Union address on Tuesday night. Spanberger, a former CIA officer and House lawmaker elected governor of Old Dominion in November, criticized the president for the administration's use of the U.S. Immigration and Customs Enforcement (ICE), saying he sent "poorly trained federal agents into our cities, where they have arrested and detained American citizens and people who aspire to be Americans — and they have done it without a warrant." "They have ripped nursing mothers away from their babies, they have sent children — a little boy in a blue bunny hat — children — to far-off detention centers, and they have killed American citizens on our streets," she added, referring to the ICE's prior detainment of 5-year-old Liam Conejo Ramos. "And they have done it all with their faces masked from accountability… Continue Reading »

ICE, ICE, ICE it fills the headlines these days, and not without reason. Continue Reading »

President Trump addressed a joint session of Congress on Tuesday night, celebrating his record on immigration and the economy. "We're winning so much," he said. "Inflation is plummeting, incomes are rising fast. … America is respected again." Here's what our writers thought of his speech. Best Moment Binyamin Appelbaum Before speaking, Trump stopped to shake hands with the four Supreme Court justices who were in attendance. While speaking, he described the court's rejection of his tariffs as an unfortunate disappointment, but he didn't insult the justices nor question the court's legitimacy. I'm counting it as a win for the rule of law. Josh Barro Congratulating the U.S. Men's Hockey Team on its Olympic victory — a rare part of the night when Trump seemed to be genuinely enjoying himself. Continue Reading »

WASHINGTON—President Trump told a national audience on Tuesday that he had unleashed a new age of economic prosperity. One thing he didn't say: I feel your pain. At the core of Trump's State of the Union address was a calculation that he can persuade Americans that the economy is in better shape than many think it is. In touting "a turnaround for the ages," the president opted against sending a message to voters that he understands the anxiety that polling shows is widely felt, including among swing voters the GOP needs to preserve its congressional majorities in this fall's midterm elections. "Our nation is back: bigger, better, richer and stronger than ever before," Trump declared at the start of his speech, which clocked in at a record one hour and 48 minutes. Continue Reading »

Virginia Gov. Abigail Spanberger condemned President Trump Tuesday night in the Democratic response to Mr. Trump's State of the Union address, saying that his policies have made life more costly for Americans. "Since this president took office last year, his reckless trade policies have forced American families to pay more than $1,700 each in tariff costs," Ms. Spanberger said. Small businesses have suffered. Farmers have suffered, some losing entire markets every day. Americans are paying the price." She said, "And even though the Supreme Court struck these tariffs down four days ago, the damage to us, the American people, has already been done. Meanwhile, the President is planning for new tariffs, another massive tax hike on you and your family, and Republicans in Congress, they remain unwilling to assert their constitutional authority to stop him." Ms. Spanberger said Mr. Trump and congressional Republicans are making "life harder." Continue Reading »

President Donald Trump littered his record-breaking, nearly two-hour-long State of the Union address Tuesday night with dramatic tributes to American heroes, caustic attacks on congressional Democrats and a preview of his party's midterm campaign pitch. But he also sprinkled in a handful of legislative demands that have uneven prospects at best on Capitol Hill. Here's what caught our ears. Continue Reading »

Republican Senator John Cornyn has warned that a Democratic winning his Texas seat would mark the "first crack in the red wall." In an interview with Fox News, Cornyn said that either Democratic candidate, state Representative James Talarico or U.S. Representative Jasmine Crockett, "absolutely" has a chance of winning the seat, especially if Texas Attorney Ken Paxton is the Republican nominee. "We haven't elected a Democrat since 1994," Cornyn said. "But this would be the first crack in the red wall, and unfortunately, that's what is being put at risk as a result of the baggage that Ken Paxton brings to this race." Continue Reading »

In the end, the conflict between federal immigration authorities and protesters in Minneapolis boiled down to one fundamental policy question: Should sanctuary cities be allowed to exist? Should cities, and counties, and states be allowed to prohibit their police from cooperating with the enforcement of federal immigration law, even as those local agencies cooperate with all other law enforcement? In the wake of Minneapolis, some hardcore Democratic leaders are doubling down on sanctuary policies. Erika Smith at Bloomberg summarized what's going on in a piece titled "This Immigration Crackdown Is Creating More Sanctuary Cities." Abigail Spanberger, the new Democratic governor of Virginia, has ordered state authorities to cancel any agreements with the federal government allowing cooperation with immigration enforcement. In New York, Democratic Gov. Kathy Hochul is pushing a bill to do the same thing. In New Jersey, new Democratic Gov. Mikie Sherrill has signed an order that in many … Continue Reading »

A House Republican who has been at the forefront of transparency efforts around the Jeffrey Epstein files ia planning to display her support for the late convicted sex offender's victims during Trump's State of the Union, Axios has learned. Why it matters: Trump isn't expected to mention Epstein during the address, but Democrats are trying to ensure the issue looms large Tuesday night. Continue Reading »

Yen Tumbles After Takaichi Nominates Two Prominent Doves To The BOJ It's not just Trump who is stacking his central bank with uberdoves. After plunging yesterday following a Mainichi report that Japanese Prime Minister expressed concerns at more BOJ rate hikes, the yen has tumbled more, sending the USDJPY as high as 156.80 this morning, the highest since Feb 9, after the Takaichi administration announced two nominees to succeed the outgoing BoJ Policy Board members later this year, both of whom have a history of dovish commentary. Toichiro Asada was presented as a successor to Asahi Noguchi (whose term ends on March 31st), and Ayano Sato has been presented as a successor Junko Nakagawa (whose terms ends on June 29th). In both cases, the nominees’ comments over recent years had leaned towards a pro-reflation and pro-accommodative-policy stance, though neither has directly opined on the current stance of BoJ policy as of yet, according to Goldman's Stuart Jenkins.  The outgoing Board members Noguchi and Nakagawa are both generally seen as being on the dovish end of the committee though, arguing for a more limited compositional shift in the Board’s policy preferences, though Goldman economists ... Continue Reading »

Subpar 5Y Auction Sees Biggest Tail Since July 2025, Bid to Cover Slides After yesterday's 2 Year auction, moments ago the Treasury sold its second coupon for the week when it auctioned off $70BN in 5 Year paper in a rather lackluster auction.  The auction priced at a high yield of 3.615%, down from 3.823% a month ago, and the lowest since November; it also tailed the When Issued 3.608% by 0.7bps, the biggest tail since last July. The bid to cover was ugly, dropping to 2.32, down from 2.34 and the lowest since July 2025. The internals were fractionally better, with foreign demand clearly there as Indirects took down 62.5%, up from 60.7% and the highest since October. And with Directs awarded 24.7%, down from 28.5% and the lowest since October, Dealers were left holding 12.8%, up from 10.8% last month and above the recent average of 10.1%. Overall, this was a subpar auction, with a surprisingly big tail and sliding bid to cover, yet it could have been far worse if foreign bidders did not show up. Luckily, they did, and prevented a much worse outcome. ... Continue Reading »

Schumpeter Didn't Have This Level Of Destruction In Mind By Michael Every of Rabobank The tendency for the rate of things to fall Markets are trying to get past a report on how devastating AI could be for employment. There are push-backs: it ignores resource constraints and Schumpeterian creative destruction, and echoes Marx’s Tendency for the Rate of Profits to Fall. Yet Anthropic just released desk-top plug-ins plugins aimed at HR, design, engineering, ops, financial analysis, investment banking, equity research, private equity, and wealth management, e.g., it can do all the analysis in a spreadsheet, write the report on it, and make the presentation. It seems illogical this won’t see a surge in unemployment even if AI still makes key errors that require experience to spot – the youngest cohort of workers will miss out, meaning they don’t get the experience needed to be useful later. That’s with existing resources; Schumpeter didn’t have that level of destruction in mind for creatives; and while Marx was wrong, the period post the release of Das Kapital wasn’t one of social stability. Even Bank of England Chief Economist Pill just told Parliament, “My daughter is ... Continue Reading »

"Do You See What Happens Larry...": Summers Out At Harvard After Epstein Scandal Who could have seen this coming? Aug 2019: Clinton Treasury Secretary Larry Summers Rode On Epstein's 'Lolita Express' The former Harvard President and Clinton-era Treasury Secretary has been cited four times on the flight logs of Jeffrey Epstein's 'Lolita Express'. During his first trip, he was still working in the Clinton administration. And during his most recent - in 2005 - he and his wife accompanied Epstein to Epstein's private island just days after their wedding. During his first trip on Sept. 19, 1998, (while he was Treasury Secretary) Summers flew from the airport in Aspen, Colo. to Dulles international. His second trip didn't take place until April 15, 2004, when Summers flew from JFK to Bedford, Mass., an airport not far from Harvard, where he was president of the university at the time. On his third trip, Summers flew from Bedford to White Plains for reasons that are unclear. And during his fourth trip, Larry and Lisa Summers flew from Bedford to Epstein’s Island, and were accompanied by Epstein’s close confidant and alleged Madam Ghislaine Maxwell. ...and here, here, and here... All of ... Continue Reading »

Ethereum Foundation Starts Staking ETH As Client Diversity Concerns Persist Authored by Christina Comben via CoinTelegraph.com, The Ethereum Foundation has begun staking part of its treasury, turning one of Ethereum’s most influential entities into a direct economic participant in network consensus. According to a Tuesday post on X, the foundation deposited 2,016 Ether and plans to stake about 70,000 in total, with all rewards flowing back into its treasury to fund protocol research and development, ecosystem development and grants. ​In its announcement, the foundation stressed that new validators were being operated using open-source infrastructure, Dirk and Vouch, originally developed by Attestant and now part of Bitwise’s institutional staking stack.  Dirk acts as a distributed signer, while Vouch serves as a validator client, allowing keys and operations to be split across multiple jurisdictions and operators rather than concentrated in a single machine or provider.  The Ethereum Foundation has started staking its ETH. Source: Ethereum Foundation Chris Berry, head of Ethereum onchain engineering at Bitwise Onchain Solutions, told Cointelegraph that Vouch and Dirk were “built with the mindset to fulfill the duties of an honest validator in the safest way possible,” with an emphasis on client diversity, non-custodial control and compliance. Avoiding ... Continue Reading »

Trump To Iran: War Can Be Averted If It Says "Those Secret Words" Among the most important foreign policy statements of President Trump's during his annual State of the Union address to a joint session of the Senate and House of Representatives Tuesday night came in discussing his Iran red lines. "We are in negotiations with them. They want to make a deal, but we haven't heard those secret words: 'We will never have a nuclear weapon.'" This 'challenge' underscores that at this point it may not matter at all what Iran actually says or does, as Washington is on the war path. See the words of Iranian Foreign Minister Seyed Abbas Araghchi issued before Trump's speech - he laid out precisely this pledge using the "secret words" several hours before the world knew what Trump would say...  2/4 Our fundamental convictions are crystal clear: Iran will under no circumstances ever develop a nuclear weapon; neither will we Iranians ever forgo our right to harness the dividends of peaceful nuclear technology for our people. — Seyed Abbas Araghchi (@araghchi) February 24, 2026 The top Iranian diplomat had declared that it was "crystal clear" that "Iran ... Continue Reading »

One In Five California Home Sales Canceled Due To Unaffordable Insurance Authored by Mike Shedlock via MishTalk.com, Ponder a $44,000 insurance bill. This does not count as inflation in the CPI. Dysfunction in California’s Insurance Market The Wall Street Journal reports A $44,000 Bill Shows the Dysfunction in California’s Home-Insurance Market Glenn and Lorraine Crawford paid about $500 a month to insure their home in Agoura Hills northwest of Los Angeles when they bought it in 2012. The Crawfords say they have little alternative but to pay the bill that arrived last month, which, at more than $44,000 a year, is almost as much as their mortgage bill. The only other insurer willing to cover their home, Lloyd’s of London, quoted them $80,000 a year. More than a year after infernos tore through Los Angeles County, millions of Californians like the Crawfords are suffering through a home-insurance crisis that has rolled on for years with eye-watering rate increases, canceled policies and rejected claims. Two of the biggest insurers, State Farm and Allstate, aren’t selling to new customers in the state, despite getting double-digit rate increases approved for their existing policyholders. A third, Farmers Insurance, has committed to ... Continue Reading »

On Gold, Oil, & Uranium Billionaire natural resources investor Rick Rule, legendary short-seller Bill Fleckenstein, and veteran oil trader Erik Townsend join ZeroHedge this evening at 7PM ET to give their outlooks on three key commodities sectors: Gold, Oil, and Uranium. Gold and silver have, of course, exploded in price over the last 52 weeks with gold’s price almost doubling and reaching a high of over $5500. Silver’s price more than tripled at one point and now sits ($87.50) just under 3X where it sat in February of last year ($32.93). Given the fast and intense rise, Rule recently reduced his silver position though remains long mining stocks. Time to Rotate into Oil? Oil on the other hand is down YoY, making it perhaps the most attractive commodity due to it being relatively cheap. Oil stocks are Rule’s number one investment position due to what he says is decades of massive underinvestment, a thesis he will expand upon this evening. Lastly, uranium mining stocks have seen a meteoric rise rivaling that of gold stock, broadly doubling with some names like Energy Fuels seeing an almost 400% increase YoY. Townsend will speak to the emerging technology in the nuclear ... Continue Reading »

Software Stocks: Navigating The SaaSpocalypse Authored by Michael Lebowitz via RealInvestmentAdvice.com, The recent rotation from growth to value is well documented. While the return divergences between, for instance, technology stocks and materials or industrials stocks are significant, they do not tell the whole story. There are also extreme return differentials between broad industries and their sub-industries. In this article, we address one such divergence between the broad technology sector and the software-as-a-service (SaaS) sub-industry. The graph below shows the wide gap in returns between software, technology, the Nasdaq 100, and semiconductor stocks. Since the well-followed software ETF (IGV) peaked on September 19, 2025, it has fallen 30%. For context, the broad technology indexes (XLK and QQQ) are flat over the period, and the semiconductor ETF (SMH) is up 30%. Narratives Drive Passive Flows Behind every good stock or index move is a narrative. The narrative is the market’s collective explanation for why prices move. Most narratives have some truth, some degree of speculation, and include some falsehoods. The job of an individual or professional investor is to understand the narratives driving money flows, assess their accuracy, and trade accordingly. As if evaluating the validity of narratives ... Continue Reading »

Democrats Talk Affordability, Immigration In Rebuttal To Trump SOTU As usual, the opposing party was ready with a rebuttal to the President's State of the Union address last night.  Virginia Gov. Abigail Spanberger delivers the Democratic response to President Donald Trump’s State of the Union address in Williamsburg, Va., on Feb. 24, 2026. Mike Kropf/Getty Images Speaking from the House of Burgesses in Colonial Williamsburg, Virginia Gov. Abigail Spanberger focused on affordability and immigration. "As we watched our nation’s lawmakers gather for a joint session of Congress, we did not hear the truth from our president," she said, adding that Trump had "offered no real solutions to our nation's pressing challenges."  "The United States was founded on the idea that ordinary people could reject the unacceptable excesses of poor leadership, band together to demand better of their government, and create a nation that would be an example for the world," she continued. "This year, as we celebrate 250 years since America declared independence of tyranny, I can think of no better place to speak to you as we reflect on the current state of our union tonight."  Spanberger, a former US representative and member of ... Continue Reading »

Most Voters Want Immunity For Vaccine Companies Removed: Poll Authored by Zachary Stieber via The Epoch Times, A majority of voters say immunity for pharmaceutical firms should be removed in cases where the companies’ vaccines cause injuries, according to a new poll. Sixty percent of voters responding to the poll agreed that vaccine manufacturers should be stripped of immunity in such cases, including 33 percent who strongly backed withdrawing the immunity. Majorities across all age groups, genders, and races also supported the immunity abolishment. Just 27.5 percent of respondents did not think the immunity should end, while 12.6 percent of respondents said they were not sure. The survey was carried out by Big Data Poll for the 1776 Law Center. “Few single issues enjoy more support across every group of Americans than ending all immunity for Big Pharma,” Robert Barnes, the civil rights and criminal defense attorney who heads the law center, said in a statement. “That includes their vaccines when those vaccines cause injury.” “As we have seen with food and financial freedoms, the proposals are supported most vigorously among the voters the administration badly needs to win back over,” Big Data Poll Director Rich Baris ... Continue Reading »

WTI Extends Losses After Biggest Crude Build In 3 Years Oil prices are sliding this morning following as an over-supplied market (API reported a huge 11.4mm barrel build last week) beats the geopolitical risk premia (with the US poised to attack Iran). "Iran, rather than backing down and agreeing to all and any term [U.S. President Trump] is placing on the table (as he had expected), is instead daring him to attack. "Just you try it and you will see what you will get!" is kind of what Iran implicitly said to Trump when it held military drills in the Straight of Hormuz last week," Bjarne Schieldrop, chief commodities analyst at SEB Research, wrote. But, prices dipped into negative territory after a Hezbollah official said the group will not intervene in the event of limited US strikes on Iran, AFP reported. “My preference is to solve this problem through diplomacy, but one thing is certain: I will never allow the world’s number one sponsor of terror, which they are by far, to have a nuclear weapon,” Trump said on Tuesday. Nevertheless, The US has ordered the biggest military build-up in the Middle East since ... Continue Reading »

Horrific New Data Reveals Thousands Of Children Mutilated Under Biden Regime Authored by Steve Watson via Modernity.news, New revelations from the Stop The Harm Database expose a grim reality: between 2019 and 2023, thousands of American children were subjected to life-altering surgeries, hormone treatments, and puberty blockers in the name of transgender ideology. According to the data compiled by medical watchdog group Do No Harm, 5,747 minors underwent surgical procedures often described as mutilation, including mastectomies and other invasive operations. Another 8,579 children received hormones and puberty blockers, chemicals that disrupt natural development and carry severe long-term risks like infertility and bone density loss. 🔥🚨 BREAKING: New data reveals the staggering number of MINORS who underwent "Gender Transition" surgery or "care" under Joe Biden's administration. - 5,747 Childern underwent Surgical Mutilation - 8,579 Childern recieved Hormones and Puberty Blockers - 13,994 Minors underwent… pic.twitter.com/OXSL80R136 — The Patriot Oasis™ (@ThePatriotOasis) February 24, 2026 In total, 13,994 minors endured some form of sex change treatment, while a shocking 62,682 prescriptions for these interventions were written for kids. These numbers highlight the peak of the transgender push under the Biden administration, where progressive policies enabled hospitals and clinics to profit handsomely—raking in nearly $120 million from ... Continue Reading »

Trump Talks Economy, Immigration, Taxes, And AI In State Of The Union Address Update (2320ET): While predicted to be '2 or 3 hours,' President Trump's State of the Union was just 109 minutes - though it was still the longest on record since at least 1964. Trump emphasized border security, energy production, and tax policies while throwing Democrats under the bus over the economy and unchecked illegal immigration. Trump declared the "Golden Age of America" and stated that the state of the union is "strong," tying themes to the nation's upcoming 250th anniversary. Key Economic Highlights Trump highlighted a robust economic recovery, claiming: Core inflation has dropped to 1.7% in recent months, the lowest in over five years. (based on the average of annualized rates of monthly CPI growth) Mortgage rates are at four-year lows, reducing typical new mortgage costs by nearly $5,000 annually. Record stock market highs since his election, with "everybody's portfolios gaining". More Americans employed than ever, with 100% of new jobs in the private sector and 2.4 million off food stamps. $18 trillion in global investment commitments in his first year, compared to under $1 trillion under Biden. Ended DEI initiatives and cut regulations to boost growth. Trump: ... Continue Reading »

"Enough Is Enough": David Tepper Slams Whirlpool For Value Destruction In "Scathing" Letter David Tepper, the billionaire behind Appaloosa Management, blasted Whirlpool’s board in a sharply critical letter, accusing the appliance maker of eroding shareholder value and demanding a strategic reset, according to CNBC, who viewed the letter. Tepper said he watched with “a certain astonishment” as Whirlpool moved ahead with what he described as a sizable and avoidable equity issuance that diluted investors. He argued the capital raise carried a cost of more than 10% — far above the company’s tax-adjusted borrowing costs of under 5% in public markets — despite management’s stated aim of cutting leverage. “Over the years this management team has destroyed hundreds of millions of dollars of shareholder value. Enough is enough. There can be no more excuses,” Tepper wrote in the letter, first reported by CNBC’s Andrew Ross Sorkin. The share sale triggered a sharp market reaction. Whirlpool stock fell 14% Tuesday after announcing plans to raise about $454.9 million through a common stock offering and $508.1 million via depositary shares. The company also placed 435,000 shares with Guangdong Whirlpool Electrical Appliances at a discounted $69 apiece ... Continue Reading »

The US Dollar: From Exceptional To Average? Authored by Eva Sun-Wai via BondVigilantes.com, The dollar’s slide last year looks less like a sudden break and more like the culmination of pressures that have been gathering for a while. The fading of US exceptionalism has sat quietly in the background, and once the narrative started to normalise, the cracks became clearer: softer growth expectations, slower capital inflows, and valuations that had been leaning heavily on the idea that the US could keep outperforming indefinitely. The currency came into the year heavily owned and reliant on that growth premium, and when it began to erode, the dollar suddenly felt far more exposed to shifts in sentiment and positioning than it had for some time. At the same time, the policy backdrop has turned more awkward for the currency. Markets expect the Fed to continue cutting, and the prospect of a more politically influenced leadership has introduced a small but noticeable risk premium around credibility. That is happening just as fiscal policy remains unanchored, with deficits showing little sign of narrowing and spending likely to rise into the election cycle. The steepening we’ve seen ... Continue Reading »

Contaminated Meat From Brazil Hits The EU, As Mercosur Opponents Are Proven Right Via Remix News, Opponents of Brussels’ deal with Latin American countries to import agricultural products are being proven right, unfortunately. Meat containing a banned growth hormone has shown up in the EU, a Dutch authority has reported, leading Polish authorities to order urgent inspections by the relevant inspectorates. EU farmers and multiple groups warned that the lack of safety regulations in use across the Mercosur countries would lead to such outcomes. The Dutch Food and Consumer Product Safety Authority announced that it had detected Brazilian beef contaminated with estradiol, a growth hormone used to stimulate estrus in cattle that is banned in the European Union, writes Do Rzezcy. Four contaminated shipments, containing a total of 62,781 kilograms of meat, were imported by two European companies. A significant portion of the meat was distributed to several buyers and introduced into the EU market. Two remaining shipments of beef from Brazil (each containing approximately 25 tons of frozen meat) were blocked by Dutch authorities from being released for distribution, the Farmer.pl website reported on Monday. The website stressed that the detection of contaminated beef imports could ... Continue Reading »

Futures Rise Ahead Of Critical Nvidia Earnings US equity futures are higher into NVDA earnings release after the close, and the risk-on tone in the US yesterday has spread globally with tech giant's earnings a catalyst for maintaining the rally aided by Tech. As of 8:00am ET, S&P 500 futures were up 0.3% as with Nasdaq 100 contracts +0.4%; NVDA is up 0.6% in premarket trading and while blowout results from the company later today may soothe nerves about the AI trade, “even if they have tremendous numbers, we know the markets are really fickle,” said Mahoney Asset Management’s Ken Mahoney. Other Mag7s are also higher ex-AAPL and TSLA with Cyclicals bid, led by Fins/Industrials/Materials while Defensives mostly lower pre-mkt, ex-Healthcare, reflecting the risk-on tone. JPM says to keep an eye on Software if TMT gains positive momentum. European stocks rose 0.5%, hitting a record on a rebound in banks and miners. South Korea pushed past France in stock-market value.Bond yields are +1-3bp, the dollar slipped after President Donald Trump doubled down on his commitment to tariffs, before erasing the move, and commodities are bid led by Metals with precious outperforming base ... Continue Reading »

"I Did Nothing Illicit": Bill Gates Begins Apology Tour Over His Epstein Ties A week after Bill Gates abruptly pulled out as a keynote speaker at a high-profile global AI summit in India, the left-wing billionaire finally mustered enough nerve to "take responsibility for his actions" over his ties to late financier and sex offender Jeffrey Epstein during a town hall meeting with Gates Foundation employees. The Wall Street Journal reports that Gates told employees at a town hall event for the foundation on Tuesday that he never spent time with Epstein's victims, and never visited Epstein's island. He revealed that Epstein later learned about two affairs he had with Russian women, but said those relationships did not involve Epstein's victims. Gates said photos in the Epstein files show him with redacted women were taken by Epstein's assistants after meetings. Did Gates fall into a Russian honeypot? "I did nothing illicit. I saw nothing illicit," Gates emphasized, according to a recording reviewed by WSJ journalists. Gates continued, "To be clear, I never spent any time with victims, the women around him." "It was a huge mistake to spend time with Epstein" and bring Gates Foundation ... Continue Reading »

Spacecraft Builder That Beats Big Defense Primes On Cost And Speed: Here's How To Profit Provided continued AI disruption, indiscriminate software stock selling, and credit market risks do not trigger a broader risk-off market event in the coming weeks or months, a June SpaceX IPO could become the bedrock for the grand reopening of the IPO market. The second-order effects of a SpaceX IPO would be improved sentiment toward AI companies going public and potentially a serious investor appetite for the low-Earth-orbit space industry. Continuing our ever-evolving "how to profit" space theme, a newly listed company on U.S. exchanges is York Space Systems. YSS is a U.S. government-focused Space Prime that builds standardized satellite buses (spacecraft platforms) at scale, integrates customer payloads, and supports the rest of the mission, launch coordination, the ground segment, and in-orbit operations. "Its vertically integrated design and manufacturing process means its SVs can be produced at 50% of the cost and 20% faster than defense primes," Goldman analyst Anthony Valentini wrote in a note on Monday. Valentini told clients her markets team has begun to "initiate coverage of YSS at Neutral with a $29 price target." YSS' ability ... Continue Reading »