Why The Crash Was Delayed Authored by Robert Aro via Mises Institute, Whatever happened to the mother of all crashes that was supposed to arrive when the Federal Reserve began tightening its balance sheet back in 2022? For several years, I’ve been scratching my head, convinced that draining the balance sheet by trillions of dollars should have triggered a systemic banking failure or some other Black Swan event. In the past, […]

US Army Trials Unmanned Hunter Wolf Robot With Gun, Radar In Combat Drills The U.S. Army is quietly putting armed robots through their paces alongside real soldiers – and new footage suggests these machines could soon be a regular sight on tomorrow’s battlefields. Wolf-X robotic combat vehicle by HDT Global.Blade HDT Fresh imagery dropped on Monday by the Defense Visual Information Distribution Service shows a Hunter Wolf […]

IMF Warns Australia Set For One Of Highest Inflation Rates In Developed World Authored by Rex Widerstrom via The Epoch Times (emphasis ours), The International Monetary Fund (IMF) says Australia is on track to have one of the highest inflation rates in the developed world. Australian dollars coins in Melbourne, Australia, on April 4, 2024. AAP Image/Joel Carrett In the latest edition of its World Economic Outlook, the global […]

DOJ Launches Investigation into Sexual Assault Allegations Against Eric Swalwell The U.S. Department of Justice has opened a criminal investigation into multiple sexual assault and misconduct allegations against former Rep. Eric Swalwell (D-Calif.), federal officials confirmed Thursday, marking the latest escalation in a scandal that has already forced the longtime congressman to resign from the House and suspend his bid for […]

CBP Says It Seized More Than 60 Pounds Of Cocaine From US Citizen At Border Authored by Troy Myers via The Epoch Times, U.S. Customs and Border Protection (CBP) officers at the U.S.–Mexico border prevented more than 60 pounds of cocaine from entering the country, allegedly smuggled by an American citizen—a “trusted traveler”—the agency exclusively told The Epoch Times on Wednesday. At California’s San Ysidro Port of […]

Space Nuclear Power Initiative Sends Reactor Companies Flying An announcement from the administration’s Science and Technology Director, Michael Kratsios, regarding the establishment of the National Initiative for American Space Nuclear Power sent reactor development companies higher over the following trading days.  The time has come for America to get underway on nuclear power in space🇺🇸 https://t.co/fLrM4MtNbM — NASA […]

California Offering Taxpayer-Funded Gender Surgeries To Homeless, Illegal Immigrants: Report Authored by Luis Cornelio via Headline USA, The California government may struggle to provide basic housing for the homeless, but it appears willing to fund gender-transition procedures with taxpayer dollars, including illegal aliens, according to a new report. A Wednesday report from City Journal found that San Francisco homeless […]

Gulf Shock May Spark Shortage Of World’s Most Critical Industrial Chemical, Used Heavily In Mining  Goldman analysts Kyle Shaffer and Amanda Ross provided clients with a broad overview of industrials and natural resources amid energy disruptions in the Gulf area. In the note, they stated that the well-known Gulf energy shock is set to disrupt LNG production in Qatar for years to come. However, they also highlighted another […]

Scientist Suggests Dark Matter Could Be Black Holes From A Different Universe Authored by Steve Watson via Modernity.news, While the scientific establishment has spent decades chasing invisible particles that never quite show up, a leading cosmologist has dropped a theory that turns everything on its head: dark matter isn’t some exotic new particle. It could be ancient black holes that survived from an entirely different […]

Bankrupted Spirit Airlines Faces Imminent Liquidation Bankrupt Spirit Airlines “could liquidate as early as this week,” according to a new CNBC report. The troubled carrier, stuck in years of turbulence, has failed to emerge from its second bankruptcy in less than a year and is now being squeezed by soaring jet fuel costs. NEW: Spirit Airlines could liquidate and shut down as soon as this week, @lesliejosephs of @CNBC reports, […]

Secret Service Targets Thieves Stealing SNAP Benefits In Texas Authored by Jill McLaughlin via The Epoch Times (emphasis ours), Fraudsters used special devices to skim card information from electronic devices used to read food stamp cards in northern and central Texas, the U.S. Secret Service’s Dallas Field Office reported April 15. A U.S. Secret Service agent, in this file photo. Madalina Kilroy/The Epoch Times The Secret […]

From Supply-Chain Risk To National Security Imperative: U.S. Government Embraces Anthropic’s Mythos AI In a striking reversal that underscores the breakneck pace of the AI arms race, the White House has directed federal agencies to begin using Anthropic’s most dangerous new model – Claude Mythos – despite months of public friction between the Trump administration and the San Francisco-based AI company (read on to see how we […]

Netflix Plunges After US Revenues Miss, Dismal Q2 Guidance, Hastings Stepping Down As Chairman After staging a powerful rebound in the past two months, when first weak Q4 earnings sent the stock plunging to multi-year lows, which however was offset by the end of the company’s expensive pursuit of HBO/Warner Bros. Discovery , and which sent the stock almost 50% higher from $75 to $108,moments ago Netflix reported Q1 earnings which […]

Wall Or Sieve? Attacks Raise Doubts About U.S. Immigration System Authored by Benjamin Weingarten via RealClearPolitics, In the wee hours of Sunday, March 1, a Senegalese immigrant clad in a sweatshirt bearing the words “Property of Allah” opened fire outside an Austin, Texas beer garden, killing three and leaving 14 others wounded. On March 12, at Old Dominion University, a former Virginia National Guard member from Sierra […]

Trump Says ‘Probably, Maybe’ Iran Talks To Resume This Weekend, ‘Not Sure’ About Ceasefire Extension Summary Trump says “probably, maybe” Iran talks resume this weekend, “not sure” about ceasefire extension. Iranian report (unconfirmed) says Bab al-Mandab could be forced close tomorrow. Trump unveils 10-day Lebanon ceasefire, but which Hezbollah has not signed on for, amid heavy IDF attacks on south. BBG reports on potential […]

California Supreme Court Disbars Former Trump Attorney For Aiding Challenge Of 2020 Election Results Authored by Brad Jones via The Epoch Times, The California Supreme Court decided to disbar former Trump attorney John Eastman over his aiding the president in challenging the 2020 presidential election results. The court has not yet handed down an opinion to explain the April 15 decision, which affirmed the California Bar […]

Major Advertising Agencies Settle Media Censorship Lawsuit With FTC Authored by Jacki Thrapp via The Epoch Times (emphasis ours), The Federal Trade Commission (FTC) and eight states secured a settlement on April 15 that will prevent three major advertising agencies from engaging in unlawful media censorship. An American flag flies at the Federal Trade Commission (FTC) headquarters in Washington on Nov. 24, 2024. Benoit Tessier/File […]

House Effort To End Trump’s Iran War Fails By One Vote: Guess The Lone GOP Dissenter Two parallel war-related votes in the House and Senate reveal growing dismay and political fractures over President Trump’s Iran war, as the Strait of Hormuz remains locked down and ceasefire still seems distant. The Republican-controlled House voted Thursday to reject a resolution ordering the White House to end the war with Iran, as Memorial Day […]

Taiwan Semi Slides Despite Record Results In Warning Sign For Chip Companies Taiwanese chip giant, Taiwan Semiconductor Manfuacturing Co, said Thursday its net profit surged to a fresh record in the first quarter, fueled by the global artificial intelligence race despite the war in the Middle East. Massive demand for AI hardware means business is booming for TSMC — the biggest contract maker of microchips used in everything from […]

Trump Urges Extending Foreign Surveillance Program As Some Lawmakers Push For US Privacy Protections Via Headline USA, Congress is set to take up the reauthorization of a divisive program that lets U.S. spy agencies pore over foreigners’ calls, texts and emails, with supporters like President Donald Trump saying it has saved lives while critics point to longstanding concerns about warrantless surveillance of Americans. (AP […]

LIV Golf CEO Denies “Speculation” That Saudi Arabia On Cusp Of Severing Ties Update (1130ET): Amid reports that Saudi Arabia’s Public Investment Fund might be on the verge of pulling its funding for the league, LIV Golf CEO Scott O’Neil told staff in an email overnight that its season will go on “as planned, uninterrupted and at full throttle.” The email, which was obtained by ESPN, didn’t directly address reports that PIF might […]

Google In Talks With Department Of War To Deploy Gemini AI In Classified Settings The Information, citing multiple people familiar with the discussions, reports that Google is now negotiating with the Department of War on an agreement that would allow Gemini AI models to be deployed in classified settings. This development suggests the DoW is moving very quickly to broaden the use of frontier models for military and intelligence […]

Jeep-Maker Stellantis Signs AI Deal With Microsoft Stellantis and Microsoft are teaming up in a five‑year strategic deal to accelerate the deployment of AI across the automotive company’s large portfolio of brands, including Alfa Romeo, Chrysler, Jeep, Maserati, Peugeot, and others. The companies plan to develop more than 100 AI initiatives across customer care, product development, and operations. These include predictive […]

“It’s Really Illiquid”: Goldman COO Warns Retail About Private Credit And The “Perception Of Liquidity” Speaking at Semafor’s World Economy event in Washington, D.C., President and COO of Goldman Sachs John Waldron warned that some managers have oversold how easy it is to get money out—especially to retail investors, who’ve helped balloon the market into a $1.7 trillion behemoth just as the space faces growing scrutiny and […]

Trump Signs Pipeline Permits To Boost US–Canada Oil Flow Authored by Kimberley Hayek via The Epoch Times, President Donald Trump issued several pipeline permits on April 15, including one for the construction of a new pipeline to facilitate the transportation of crude oil and petroleum products between the United States and Canada, according to documents released by the White House. The action covers four permits in total. The […]