NYC Mayor Eric Adams To Run For Reelection Against Rival Mamdani Authored by Arjun Singh via The Epoch Times, Mayor Eric Adams launched his campaign for the November general election during a June 26 press conference on the steps of City Hall, days after state Assemblyman Zohran Mamdani presumptively won the Democratic primary. Adams, 64, was elected in 2021 as a Democrat but chose not to run in the Democratic primary amid his […]

Graham Breaks With Trump Over Iran Strike Effectiveness: ‘I Don’t Know Where The Enriched Uranium Is’ President Trump is not going to like this. After getting out of a classified Senate briefing on Thursday, Republican Senator Lindsey Graham’s first words to the press and to the American people were that he “didn’t want people to think the problem is over, because it’s not” – in reference to the Trump-ordered B-2 bomber strikes […]

The Fed’s “Transitory” Mistake Is Affecting Its Outlook Authored by Lance Roberts via RealInvestmentAdvice.com, In 2023 and 2024, the Fed was under intense public and media scrutiny for calling the post-pandemic surge in inflation “transitory.” Critics argued that the Fed’s failure to anticipate the persistence and severity of rising prices undermined its credibility. Yet, with the benefit of hindsight and historical […]

Supreme Court Slaps Down Activist Judges In Birthright Citizenship, LGBTQ Schoolbook Cases Update (1057ET): The hits keep on coming out of the Supreme Court, as a second Friday opinion just backed religious parents opposed to LGBTQ+ schoolbooks, also in a 6-3 vote along ideological lines… The case, Mahmoud v. Taylor, challenged Montgomery County Public Schools’ refusal to notify parents or allow exemptions when LGBTQ+ […]

UMich Confidence Jumps As Inflation Fears Plunge Most Since 2001 Following this morning’s very modest rise in Core PCE (coming just a couple of weeks after CPI disappointed the Trump Tariff infation fear-mongers once again) and a month since the UMich survey found that “Women, Democrats, & Low-Income Americans Are Out Of Their TDS-Addled Minds”, and one week after Goldman finally called out the idiocy of the UMich survey, […]

ICE, ICE Baby: Denver City Council Ends Car Theft Tracking System To Protect Illegal Immigrants Authored by Jonathan Turley, The Denver City Council has voted unanimously to shutter a highly successful anti-theft auto license plate tracking system. The system was not closed due to concerns about privacy or finances. It was shut down because Democratic members believed that ICE could use the data to deport illegals. In May, the […]

GOP Kills ‘Revenge Tax’ In Trump’s Megabill, Wall Street Breathes Easy Wall Street analysts are breathing a major sigh of relief this morning following overnight news that President Trump’s ‘One, Big, Beautiful Bill’ will not include the controversial Section 899 “revenge tax” proposal. The announcement came after Treasury Secretary Scott Bessent posted on X, noting that productive discussions with international trade partners have […]

Iran Denies Any Meeting With US Next Week, Rejects IAEA Inspectors  Iran says it is still assessing damage at its nuclear sites which were hit during the 12-day war with Israel, and which were bombed in a special Trump-ordered B-2 raid last weekend; however, Tehran has made clear it has no intention to host UN International Atomic Energy Agency (IAEA) chief Raphael Grossi and his team for inspections. Iran’s Foreign Minister Abbas […]

DOGE Sparks Biggest Plunge In Social Security Handouts Ever; Fed’s Favorite Inflation Indicator Ticked Higher In May The Fed’s favorite inflation indicator – Core PCE – came in hotter than expected in May, rising 0.2% MoM (+0.1% MoM exp) and +2.7% YoY (+2.6% YoY exp)… Source: Bloomberg Not exactly the hyped-up inflationary surge the tariff fearmongers had hoped for as non-durable goods price show modest increase MoM… […]

S&P Futures Trade At All Time High Boosted By Trade Talks, Nike Results US equity futures are higher, buoyed by the (non) news that the US and China have signed a trade truce (which they first signed three weeks ago but nobody complied with it, so may as well push stocks up on the exact same headline again). The positive mood has also been helped by expectations of Fed rate cuts, a better-than-feared outlook from Nike and […]

Who Counts? Trump Poised To Try To Remove Noncitizens From Census Authored by Bejamin Weingarten via RealClearInvestigations, Following a years-long surge in illegal immigration, the Trump administration is poised to challenge a longstanding but legally fraught practice: counting illegal aliens in the U.S. census. President Trump tried to end the practice during his first term, but President Biden overturned his predecessor’s […]

Xiaomi Outmaneuvered Silicon Valley With Launch Of New SUV, AI Glasses  A team of Goldman Sachs analysts, led by Timothy Zhao, raised their 12-month price target for Chinese EV-maker Xiaomi after its newly launched YU7 SUV garnered 200,000 preorders within minutes and nearly 300,000 in the first hour. The massive demand solidifies Xiaomi’s position as a serious challenger to Tesla in the world’s largest EV market. At the launch […]

Six Million Student Loan Borrowers On Track To Have Wages Garnished Authored by Mike Shedlock via MishTalk.com, It’s 2 million now with another 4 million projected. And jobs are harder to find. Student-Loan Borrowers Are at Risk of Docked Pay This Summer The Wall Street Journal reports Nearly Two Million Student-Loan Borrowers Are at Risk of Docked Pay This Summer Roughly six million federal student-loan borrowers are 90 […]

What Types Of Jobs Will Survive The AI Revolution? Authroed by Javier Simon via The Epoch Times (emphasis ours), As artificial intelligence (AI) spreads its tentacles into industries throughout the globe, many wonder whether their jobs are on the chopping block. And it’s not surprising. A photographer takes a picture of AI robots at an AI summit in Geneva, Switzerland, on July 7, 2023. Fabrice Coffrini/AFP via Getty Images […]

U.S. House Bans WhatsApp Over Data Security Concerns The U.S. House of Representatives has officially banned the use of WhatsApp on all government-issued devices, citing serious cybersecurity concerns, according to The Guardian. In a memo sent Monday, the House’s Office of Cybersecurity warned staff that WhatsApp poses a “high-risk to users due to the lack of transparency in how it protects user data, absence of stored data […]

US Reportedly Mulls Easing Iran Sanctions, Assisting Non-Enrichment Nuclear Program Update(1340ET): In an entirely bizarre and unexpected pivot, and following yesterday’s Trump statements suggesting that a new Iran nuclear deal might not even be necessary (given the narrative that its enriched uranium and nuclear capability has been fullly destroyed), the White House is already in discussions for a deal both to ease Iran sanctions […]

Europe’s LNG Gamble Exposed By Middle East War Authored by Irina Slav via OilPrice.com, The Israel-Iran conflict has driven up diesel, jet fuel, and gas prices. With 20% of global LNG flowing through the Strait of Hormuz, even threats of disruption have raised EU gas prices by 20%. Europe’s refusal to sign long-term LNG deals or develop local hydrocarbon resources is backfiring. Oil and the security of its supply […]

Kremlin Condemns White House Envoy’s Comparing Iran & Ukraine Wars Moscow has reacted angrily to fresh words of Trump special envoy to the Middle East Steve Witkoff, who has also been working on US diplomacy with Russia’s Putin, after he drew parallels between the Ukraine war and Israel-Iran conflict. “We’re hopeful that people look at what happened in Iran and say: ‘we want a part of that sort of peace process as well,’” […]

Only Political Engineering Can Restore Russian Language Rights In Ukraine Like Lavrov Wants Authored by Andrew Korybko via Substack, Only the US is capable of pulling this off since Russia lacks influence over Ukraine’s political processes… Russian Foreign Minister Sergey Lavrov pledged in early June on Russian Language Day that “Russia will not leave Russians and Russian-speaking people in trouble and will make sure […]

UK To Buy US F-35s As Starmer Signals NATO Commitment The UK will purchase at least 12 U.S.-made F-35A stealth fighter jets, restoring the Royal Air Force’s nuclear strike capability for the first time since 1998, according to Bloomberg. Prime Minister Keir Starmer announced the move ahead of the NATO summit in The Hague, in a move widely seen as both a gesture to President Donald Trump and a step to reinforce Europe’s defense […]

Berlin To Build New Asylum Complex For Over 1,000 Migrants While Locals Face Housing Crisis Authored by Thomas Brooke via Remix News, Amid a continuing housing shortage for locals, Berlin’s state government has approved the construction of a new container village to house more than 1,000 asylum seekers on Tempelhofer Feld. The site, once a Nazi labor camp and later an airport, has long been protected by a 2014 law banning new […]

VDH: In the End, Everyone Hated The Iranian Theocracy Authored by Victor Davis Hanson via AmericanGreatness.com, It is hard even to digest the incredible train of events of the last few days in the Middle East. Iran had been reduced to an anemic, performance-art missile attack on our base in Qatar—the last Parthian shot from a terrified regime, desperate for an out—and a ceasefire. Iran would have been better off not […]

Chinese Influence In Climate Change Lawsuits Threatens To Derail U.S. Energy Industry A new op-ed from oil services CEO Dan Eberhart in Forbes makes the case that climate change litigation is a growing threat to U.S. energy – and that the U.S. could fall behind China as a result. He notes that Senator Ted Cruz has repeatedly voiced concern that American energy security is under threat—not from foreign armies or economic collapse, […]

Cancer Patients Recover By Taking Repurposed Anti-Parasitic Drugs Authored by Huey Freeman via The Epoch Times (emphasis ours), Joe Tippens never planned to discover a potential remedy that he credits with saving his life and thrust him into the spotlight among notable cancer survivors. The 67-year-old businessman told The Epoch Times he just wanted to beat a type of cancer with an extremely low survival rate. Illustration by The […]

Confusion As Trump Says Deal With China “Signed” Yet Both Sides Violate Terms Of Ceasefire There was a burst of confusion late in the day when Donald Trump said that the US and China had signed a trade deal two weeks after saying they had reached an understanding in London about how to implement a ceasefire in the countries’ dispute. “We just signed with China yesterday,” the president said at the White House on Thursday, […]