2.5 Million Illegal Immigrants Deported Under Trump Admin: DHS Authored by Naveen Athrappully via The Epoch Times (emphasis ours), More than 2.5 million illegal immigrants have left the United States under the Trump administration, a “record-breaking achievement” in a year, the Department of Homeland Security (DHS) said in a Dec. 10 statement. U.S. Customs and Border Protection security agents guide illegal immigrants onboard a […]

Asset Purchases Begin: Fed To Buy $8.2BN In Bills Friday; Full Monthly Schedule Released It’s only appropriate that one day after Powell unveiled QE, pardon NOT QE, pardon Reserve Management Purchases (as we said he would a month ago), that the New York Fed would do what it did for the entire duration of QE 1, QE 2, QE 3 and so forth, and publish the POMO, pardon NOT POMO schedule of daily asset purchases. But since it’s Bills and […]

White House: Seized Dark-Fleet Tanker Now En Route To U.S.; Track Its Position Here Update (1540ET): White House Press Secretary Karoline Leavitt told reporters Thursday that the VLCC Skipper, seized by U.S. forces on Wednesday, is inbound to a “U.S. port and that the U.S. intends to seize the oil. However, she noted that there is a legal process for such a seizure, and that process will be followed.” ⚠️🇺🇸 TRUMP ORDERS […]

After Polar Vortex US Freeze, Global Warming Returns Before Christmas The Mid-Atlantic and Northeast have been locked in an extended period of unseasonably cold weather, with multiple rounds of accumulating snowfall over the past several weeks. Another surge of Arctic air is expected to arrive this weekend and persist into early next week. However, there is good news for those hoping for a break from the cold: the latest model […]

OPEC Maintains Bullish Oil Demand Outlook, IEA Trims Oil Glut Forecast Oil prices are lower this morning despite a less-hawkish-than-feared Fed cut and a double-whammy of relative optimism from OPEC and the IEA… IEA Trims Oil Glut Forecast as Supply Surge Halts OilPrice.com’s Tsvetana Paraskova reports that the oil market still faces record oversupply next year, according to the monthly report by the International Energy […]

Zelensky Floats Holding Referendum On Giving Up Land For Peace “I am definitely in favor of elections,” Ukraine’s President Zelensky said Thursday. “The most important thing is that they are held legitimately.” He’s presenting a position of willingness to compromise amid the increasing pressure from Trump. Is this but a ruse to buy time?  President Trump is meanwhile pressing European leaders to force Zelensky to accept the US […]

Trump Admin Pulls 9,500 Truck Drivers Off The Road For Failing English Tests Authored by Tom Ozimek via The Epoch Times, Transportation Secretary Sean Duffy said more than 9,500 commercial truckers have been taken out of service for failing English-language proficiency checks, a cumulative enforcement tally he said highlights an ongoing effort to keep unqualified operators from posing dangers on the nation’s roads. “We’ve […]

Putin Doubles Down On Backing Maduro As US Prepares To Seize More Oil Tankers The Kremlin confirmed that Russian President Vladimir Putin spoke by phone with Venezuelan President Nicolás Maduro on Thursday and reassured him of Moscow’s support, at a moment he’s facing likely regime change action at the hands of US military might. Putin expressed support for Maduro’s rule “in the face of growing external pressure,” but they also […]

Impeachment Articles Filed Against Robert F. Kennedy Jr. Authored by Jonathan Turley, I recently wrote about the absurdity of the Democratic effort to impeach Defense Secretary Pete Hegseth. I have also opposed Republican calls to impeach judges. Impeachment mania has returned for the midterm elections. However, on the scale of utter lunacy, the call to impeach Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. […]

Solid 30Y Auction Stops Through, Easing Long-End Selloff Concerns After two impressive coupon auctions ahead of yesterday’s FOMC, moments ago we got the week’s final auction, a sale of $22BN in 30Y paper. The auction was solid: it through, with a bounce in the bid to cover and solid buyside demand despite a modest dip in foreign bidders. Here are the details. The auction stopped at a high yield of 4.773%, up from 4.694% in […]

Senate Fails To Advance GOP Healthcare Plan After Collins, Murkowski, Hawley & Sullivan Break Ranks Update (1311ET): The Senate has failed to advance the GOP’s healthcare plan which would allow Obamacare subsidies to expire, and would give millions of Americans $1,000 – $1,500 in health savings accounts.  The plan failed by a vote of 51 yeas to 48 nays. Republicans needed 60 votes to pass it. Breaking ranks with the GOP […]

Dems Are “Greatest Con Artists” When It Comes To Inflation Disaster Authored by Steve Watson via Modernity.news, In a fresh interview, White House Press Secretary Karoline Leavitt exposed the left’s blatant hypocrisy on economic issues that have hammered everyday Americans for years. Leavitt hammered Democrats for posing as saviors on affordability while ignoring their own role in fueling runaway inflation during the Biden […]

Left-Wing Judge Orders “Maryland Father” Migrant Released From ICE Custody A left-wing federal judge in Maryland has ordered the immediate release of Kilmar Armando Abrego Garcia, a Salvadoran migrant, directing Immigration and Customs Enforcement to free him by 5 p.m. EST today. U.S. District Judge Paula Xinis ruled that the federal government lacked lawful authority to continue detaining Garcia, accused of smuggling migrants […]

US ‘Answers’ China By Sending Pair Of Nuclear-Capable Bombers Over Sea Of Japan On Wednesday we detailed that Japanese and South Korean fighter jets quickly answered a joint Russian-Chinese long-range bomber flight over the Western Pacific. Chinese J-16 fighter jets, two Russian Su-30 fighters and an A-50 early-warning aircraft were part of the provocative flight, which also passed close to South Korea. Russia’s Defense Ministry […]

Over 30 Kamikaze Drones Sent On Moscow Overnight, Shutting Down Airports An overnight drone assault on Russia by Ukraine was particularly large, including dozens of drones sent on Moscow. The Russian defense ministry said it down 287 drones across the country, one of the highest single-night totals ever recorded in the war. Among these were 32 Ukrainian long-range kamikaze drone inbound on Moscow, reportedly intercepted. The […]

Affordability Crisis: Challenging The Poverty Line Authored by Michael Lebowtiz via RealInvestmentAdvice.com, Michael Green, Chief Strategist and Portfolio Manager at Simplify Asset Management, wrote a provocative Substack essay, Part 1: My Life Is A Lie, that is sparking a debate among economists and raising awareness of the affordability crisis. It’s not just the wonky economists debating the merits of his article; […]

An “Existential Crisis” To Close 2025 By Michael Every of Rabobank The Fed delivered what was expected – a 25bps rate cut to 3.75% and a deep public split over whether it should cut further because the labor market is weakening or keep policy tight because inflation is too high. The Fed will also buy $40bn of T-Bills just after stopping QT, but this is not to be seen as QE, nor as having any impact on monetary policy – and QE was […]

TIME Person Of The Year Are The Architects Of AI TIME magazine has picked the ‘Architects of AI’ as their person of the year for 2025, when the potential for AI “roared into view” with no turning back. “For delivering the age of thinking machines, for wowing and worrying humanity, for transforming the present and transcending the possible, the Architects of AI are TIME’s 2025 Person of the Year,” the magazine announced.  […]

Disney Invests $1 Billion In OpenAI, Strikes Landmark Deal To Bring Beloved Characters To Sora Disney and OpenAI have resolved their prior video-generation rights dispute by entering into a three-year licensing and technology partnership that makes Disney the first major content partner for Sora, OpenAI’s generative video platform. “As part of this new, three-year licensing agreement, Sora will be able to generate short, […]

Australia’s Social Media Ban For Under-16s Comes Into Effect Authored by Victoria Friedman via The Epoch Times (emphasis ours), A social media ban for those younger than 16 in Australia came into effect on Dec. 10, with Australian Prime Minister Anthony Albanese hailing the world’s first restriction of its kind as giving children back their childhoods. Three 11-year-old boys use their phones while sitting outside a school in […]

US-Backed Opposition Leader Secretly Whisked Out Of Venezuela, Appears In Oslo To Urge Regime Change As the main opposition figurehead and rival to Venezuelan President Nicolás Maduro, she’s reportedly been in hiding for many months. María Corina Machado hasn’t appeared in public for nearly a year, after she was briefly detained all the way back on Jan. 9 in Caracas. Fearing another arrest where she could go away to prison for […]

Rep Massie Introduces Bill For US To Dump ‘Cold War Relic’ NATO Conservative and outspoken libertarian-leaning Republican Rep. Thomas Massie of Kentucky introduced legislation Tuesday for the United States for formally withdraw from NATO. Sen. Mike Lee is also helping lead the charge, introducing companion legislation in the Senate. The bill argues that the US military cannot be seen as the police force of the world, and that […]

Jet Engines For Data Centers Adding to the growing mountain of commentators joining us in calling BS on the booming data center industry magically pulling dozens of gigawatts of energy per year out of thin air…  has anybody done the math how many hundreds of new nuclear power plants the US will need by 2028 for all these AI daily circle jerk deals to be powered? — zerohedge (@zerohedge) October 14, 2025 … and as a […]

Futures Rebound From Worst Levels As Oracle Plunges 11% On Cash Burn Fears US equity futures are lower, as lousy earnings and an ugly capex forecast by Oracle reversed the market euphoria following the “more dovish than expected” Fed rate cut. As of 8:00am ET, S&P futures are down 0.2% but well off session lows, having tumbled as much as 1% earlier; Nasdaq 100 is down 0.4%, reversing earlier losses of 1.5%. In premarket trading, […]

Continuing Jobless Claims Plummet To 8 Month Lows After plunging near 60 year lows in the prior week (at 192k), initial jobless claims rebounded (as many expected) to 236k last week – back into the ‘normal’ range and nothing at all to worry about from a labor market perspective… Source: Bloomberg Sure enough it was California in large part that was responsible for the chaos… Source: Bloomberg But while initial claims […]