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Alt - Zero Hedge - 2 hours ago

War Returns To Ethiopia As The Horn Edges Closer To Abyss

War Returns To Ethiopia As The Horn Edges Closer To Abyss Authored by Joseph Solis-Mullen via The Libertarian Institute Barely four years after the Pretoria Agreement formally ended one of the deadliest wars of the twenty-first century, serious fighting has returned to northern Ethiopia. As we begin October, Tigrayan forces have seized the airports at Mekelle, Aksum, and Shire, launched coordinated attacks into neighboring Afar and Amhara regions, and declared themselves once again...

Alt - Zero Hedge - 4 hours ago

UK Officials Are Keeping A List Of Brits Who Question Government Policy

UK Officials Are Keeping A List Of Brits Who Question Government Policy Authored by Steve Watson via Modernity.news, The British state is compiling a list of people who criticise its own counter-terror programme. Ordinary X and Reddit users who questioned Prevent training, flagged a one-sided focus on the "far Right," or simply criticised it have had their posts logged, stored and "investigated" by a Home Office-linked unit most of them have never heard of. Officials spent more ...

Alt - Zero Hedge - 5 hours ago

Europe's Housing Crisis Is An Immigration Crisis, Berlin Data Confirms

Europe's Housing Crisis Is An Immigration Crisis, Berlin Data Confirms Via Remix News, In a system that rejects mass immigration, the population can fall, opening up room for cheaper housing, lower rents, and even an increase in the birthrate. Across the West, native Europeans are dying out but rental prices continue to go up every year. While the left would like to point the finger at capitalists and greedy landlords, the primary factor driving the housing affordability crisis ...

Alt - Zero Hedge - 9 hours ago

Counter-ISIS Mission In Iraq Comes To An End

Counter-ISIS Mission In Iraq Comes To An End Authored by Patty Nieberg via Task and Purpose, The U.S. military-led mission to counter the Islamic State in Iraq has officially come to an end. Counter-ISIS Mission In Iraq Comes To An End. Operation Inherent Resolve will continue with a new hub in Jordan to counter ISIS in Syria.U.S. Central Command (CENTCOM) announced Wednesday that the "orderly departure" of U.S. personnel and equipment from Erbil Air Base in northern Iraq was offi...

Alt - Zero Hedge - 9 hours ago

Trump Explains Why He's Okay With North Korea Having Nukes, But Not Iran

Trump Explains Why He's Okay With North Korea Having Nukes, But Not Iran Here's what White House spokesperson Anna Kelly said a mere week ago on the rationale for the US attacking Iran: "The President is courageously ensuring that such an evil country never possesses a nuclear weapon, which will make the entire world safer and more stable," she said. This week President Trump was asked why he seems OK with a deeply totalitarian state like North Korea and its dictator Kim Jong Un ha...

Alt - Zero Hedge - 10 hours ago

"The Cycle's TXU?": Paramount's Record Bond Offering Craters Before The Ink Is Dry

"The Cycle's TXU?": Paramount's Record Bond Offering Craters Before The Ink Is Dry On Monday we flagged that September was shaping up as the worst month for junk since 2022. We also noted that Paramount's $12.4 billion high-yield tranche would be bigger than SoftBank's recently issued record $11 billion junk deal. The next morning the company kicked off the high-grade portion. By Tuesday afternoon it reported $109 billion of demand.  With so much excess demand, the offering was sup...

Alt - Zero Hedge - 10 hours ago

Australia's Tobacco Taxes Have Fueled A Massive Black Market For Cigarettes

Australia's Tobacco Taxes Have Fueled A Massive Black Market For Cigarettes One lesson governments never seem to learn is that when taxes push the legal price of something high enough, a black market will eventually show up to collect the difference. Australia is now getting a particularly ugly demonstration of that principle. After more than a decade of relentlessly increasing tobacco taxes in an effort to crush smoking, the country has created an enormous price gap between legal ...

Alt - Zero Hedge - 11 hours ago

The $40 Billion Minerals Gamble: Can Trump Break China's Chokehold Before The West's Rearmament Hits A Wall?

The $40 Billion Minerals Gamble: Can Trump Break China's Chokehold Before The West's Rearmament Hits A Wall? The Trump administration has committed billions of dollars to rebuild conflict-free critical materials supply chains outside China. The question remains whether these supply chains will be up and running in time for the West's rearmament cycle, which desperately needs missiles, bombs, drones, fighter jets, submarines, and even night-vision equipment. Bloomberg Intelligence a...

Alt - Zero Hedge - 11 hours ago

3 Huge Storms Will Combine Over The Central United States To Form A Gigantic "Hybrid Storm" That Will Cause Widespread Flooding

3 Huge Storms Will Combine Over The Central United States To Form A Gigantic "Hybrid Storm" That Will Cause Widespread Flooding Authored by Michael Snyder via End Of The American Dream, We are about to witness something extremely rare. At the same time that a historic financial storm is brewing on Wall Street as bond yields go wild, a historic weather event threatens to dump trillions of gallons of rain over the middle of the country. Meteorologists are telling us that 3 enormous s...

Alt - Zero Hedge - 12 hours ago

Trump Sees Likely Iran Link In FlyDubai Attack, Vows 'Very Hard' Response

Trump Sees Likely Iran Link In FlyDubai Attack, Vows 'Very Hard' Response It hasn't taken long at all for Israeli and US officials to strongly suggest a link between Wednesday's scary FlyDubai security incident and Iran. President Trump raised Thursday that Iran may be linked to the copilot who tried to crash an Israel-bound plane, which forced it to make a dangerous rapid descent and an emergency landing, after passengers and crew rushed the cockpit. But while investigators have ...

Alt - Zero Hedge - 12 hours ago

Why Congress Should Restore The Monetary Veto

Why Congress Should Restore The Monetary Veto Authored by Sean Fieler via RealClearMarkets, American democracy prides itself on being "of the people, by the people, and for the people." But the people lack control over a key part of their daily lives: the money supply. Its expansion and contraction affect the value of every paycheck, every dollar of savings, and the price of virtually everything that can be purchased. Americans once had the ability to redeem their dollars for g...

Alt - Zero Hedge - 12 hours ago

Bridgewater CEO Warns Unregulated AI Could Trigger 'Societal Breakdown' - Even As The Firm Profits From It

Bridgewater CEO Warns Unregulated AI Could Trigger 'Societal Breakdown' - Even As The Firm Profits From It Artificial intelligence could displace nearly one-fifth of the US labor market, threatening profound societal disruption if left unregulated, according to Bridgewater Associates CEO Nir Bar Dea. Speaking on an upcoming episode of The David Rubenstein Show: Peer-to-Peer Conversations, Bar Dea projected an 18% labor dislocation rate, noting that a technology capable of radically ...

Alt - Zero Hedge - 13 hours ago

Why Insurance Fails To Protect Americans From Medical Debt

Why Insurance Fails To Protect Americans From Medical Debt Authored by Sylvia Xu via The Epoch Times, Having health insurance is no guarantee of avoiding medical debt, according to a recent study. About one-third of working-age Americans who have health insurance also have outstanding medical bills or debt, according to a Sept. 17 survey conducted by Commonwealth Fund, a private healthcare foundation. That includes people with an employer-sponsored health plan, an individual he...

Alt - Zero Hedge - 13 hours ago

While Subprime Auto Loans Default, Their Bonds Somehow Keep Performing

While Subprime Auto Loans Default, Their Bonds Somehow Keep Performing America’s subprime auto market has become a fascinating example of how financial engineering can remain remarkably healthy even while the consumer sitting underneath it is getting progressively sicker, according to Bloomberg. Bloomberg recently dug through nearly 3 million auto loans originated by Exeter Finance, Santander, Carvana and GM Financial and subsequently stuffed into publicly traded asset backed secur...

Alt - Zero Hedge - 14 hours ago

Waste Of The Day: IRS Enforcement Delayed

Waste Of The Day: IRS Enforcement Delayed Authored by Jeremy Portnoy via RealClearInvestigations, Americans underpaid their taxes by an estimated $696 billion in 2022, according to new data released by the Treasury Inspector General for Tax Administration. Most of the money came from people and businesses that understated their income. But 9% came from people who didn't file a tax return at all, and efforts to track them down have been slow-moving as the Internal Revenue Service...

Alt - Zero Hedge - 14 hours ago

Cotton Calls For Military Supply Chain Security Review After F-35 Parts Diverted To Hong Kong

Cotton Calls For Military Supply Chain Security Review After F-35 Parts Diverted To Hong Kong Authored by Arthur Zhang via The Epoch Times, Sen. Tom Cotton (R-Ark.) asked the Department of War on Sept. 29 to review security controls for U.S. military equipment and supplies transported through commercial and contractor-managed supply chains, citing reports that F-35 components bound for the United States from Australia were diverted to Hong Kong. A U.S. Air Force F-35 takes flight ...

Alt - Zero Hedge - 15 hours ago

Tennessee Man Who Recorded Police Sues After Eight Armed Officers Raided His Home

Tennessee Man Who Recorded Police Sues After Eight Armed Officers Raided His Home A Tennessee man has taken legal action against the Kingsport Police Department after a yearslong criminal case that began with him recording an officer on the road and ended with an appellate court throwing out his conviction, according to Fox News. Joshua Gibbons says police targeted him because he publicly called attention to an officer’s behavior. His lawsuit, brought with the Foundation for Indivi...

Alt - Zero Hedge - 15 hours ago

Remembering The False Gloom And Doom Of The 1992 Elections... And The Upcoming Midterms

Remembering The False Gloom And Doom Of The 1992 Elections... And The Upcoming Midterms Authored by Victor Davis Hanson via American Greatness, Republicans risk repeating 1992 by failing to counter economic pessimism with the facts about strong growth, falling inflation, rising incomes, and a recovering economy. In 1992, Bill Clinton won the presidential election partly on the basis of his campaign's false accusation that George H. W. Bush had overseen "the worst economic performa...

Alt - Zero Hedge - 16 hours ago

"Showings Have Stopped": Housing Market Freezes As Mortgage Rates Soar To 7.28%, Highest In 3 Years

"Showings Have Stopped": Housing Market Freezes As Mortgage Rates Soar To 7.28%, Highest In 3 Years The American dream has never been more out of reach. Mortgage rates posted their largest increase in four years this week, one of the clearest signs of how the recent bond-market selloff is spilling into the broader economy - if not memory and chip stocks which continue to trade entirely on the highly efficient circular financing and junk bond markets. 30-year fixed-rate mortgages r...

Alt - Zero Hedge - 16 hours ago

Supertanker Ablaze After Iran Attack In Hormuz As US Deploys 10K More Troops and Third Carrier To Mideast

Supertanker Ablaze After Iran Attack In Hormuz As US Deploys 10K More Troops and Third Carrier To Mideast Update(1530ET): Iranians are apparently going back on the offensive, after it's been widely reported that US-protected oil transit through the Strait of Hormuz has been fast gaining steam. Iran state media says a supertanker is burning off the coast of Oman after coming under Iranian attack: Local sources reported that a 2.5 million barrel capacity supertanker that was traveli...

Alt - Zero Hedge - 16 hours ago

'Covered Their Tracks'? New Details Emerge In OpenAI's 'Rogue-AI' Breach

'Covered Their Tracks'? New Details Emerge In OpenAI's 'Rogue-AI' Breach OpenAI's AI agents "obscured hacking activity" during breaches of government websites, citing digital forensics firm Asymmetric Security. According to the FT, the agents pulled data from 55 websites, including the CDC, the SEC, the International Energy Agency and the Mayo Clinic, using tactics that included "erasing records or making them inaccessible." Asymmetric co-founder Pippa Thompson told the paper it ...

Alt - Zero Hedge - 16 hours ago

France Erupts Into Chaos As "Rioting Migrant" Kids Torch Schools And Busses

France Erupts Into Chaos As "Rioting Migrant" Kids Torch Schools And Busses Social unrest erupted across hundreds of French high schools and dozens of universities Thursday, forcing Prime Minister Sébastien Lecornu to convene an emergency meeting to address the "urban violence." Corporate media describes the rioters as "French students" or "high school students," while alternative media outlets such as Remix News and Visegrád24 claim the rioters are migrant kids.  🇫🇷 French polic...

Alt - Zero Hedge - 17 hours ago

Cantor: Almonty "Moving Seamlessly" Into Production As Korean Tungsten Mine Becomes Western Lifeline

Cantor: Almonty "Moving Seamlessly" Into Production As Korean Tungsten Mine Becomes Western Lifeline Cantor Fitzgerald metals and mining analyst Matthew O'Keefe provided clients on Tuesday with an update on Almonty Industries, citing a corporate update from CEO Lewis Black. The miner's crown jewel tungsten mine in South Korea has begun shipping concentrate as the West's answer to conflict-free tungsten supply comes online, playing into a bigger theme we've outlined called "owning th...

Alt - Zero Hedge - 17 hours ago

What Zohran Mamdani Could Learn From His Father

What Zohran Mamdani Could Learn From His Father Authored by Peter Jacobsen via The Daily Economy, Before Zohran Mamdani burst onto the scene of NYC politics with promises of cheap groceries, rent control, and calls to seize the means of production, his father, Mahmood Mamdani, was making important political contributions himself. The elder Mamdani's work is more academic in nature and generally more interesting than the "free stuff" brand of left-wing politics. A family welcomes a...

Alt - Zero Hedge - 17 hours ago

Oil Soars As US Sending 10K More Troops, 3rd Carrier, To Mideast After Trump Threatens Post-Midterm Bombing

Oil Soars As US Sending 10K More Troops, 3rd Carrier, To Mideast After Trump Threatens Post-Midterm Bombing Signs of potential major escalation, or the next round at least (which Trump has hinted will come after the midterm elections), just hit The Wall Street Journal, and sent oil prices soaring. A quick summary: The Pentagon is sending a third aircraft-carrier strike group and additional Marine Corps ships to the Middle East, adding 9,000 to 10,000 more troops to the region. The...

Alt - Zero Hedge - 17 hours ago

Watch Live: SpaceX To Launch Google AI Chips Into Orbit In Push For Space-Based Data Centers

Watch Live: SpaceX To Launch Google AI Chips Into Orbit In Push For Space-Based Data Centers Specialized chips Google designed to run artificial intelligence workloads will be catapulted into low Earth orbit on Thursday afternoon atop a Falcon 9 rocket from California's Vandenberg Space Force Base, with hopes of making data centers in space a reality amid growing backlash on the ground that has sent many terrestrial projects into a tailspin. Up next, Falcon 9 will launch 130 paylo...

Alt - Zero Hedge - 18 hours ago

Debt Crisis Back? European Bond Markets Crash, CDS Explode Amid France Budget Panic Contagion

Debt Crisis Back? European Bond Markets Crash, CDS Explode Amid France Budget Panic Contagion It's starting to smell awful sovereigny crisisy in Europe all over again. In a vivid deja vu to the peak European debt crisis days of 2010 (and 2011... and 2012... and 2015), credit spreads, credit default swaps and the risk premium in euro-area government bonds exploded on Thursday to levels not seen in over a decade, following a rout sparked by concerns around France’s fiscal and politic...

Alt - Zero Hedge - 18 hours ago

Jensen, Zuck Gang Up On 'Doomer' Dario Behind Closed Doors At White House AI Summit

Jensen, Zuck Gang Up On 'Doomer' Dario Behind Closed Doors At White House AI Summit Tuesday's White House "Super Intelligence" luncheon was sold as a kumbaya moment. Tech titans flanked President Trump on the driveway after signing a voluntary, "morally binding" pledge to police themselves, and the cameras got their picture of a united industry calming the public's nerves. Behind the scenes, it was a different story. According to the Wall Street Journal, Nvidia's Jensen Huang wa...

Alt - Zero Hedge - 19 hours ago

NANO Nuclear Buys The One Thing You Can't Speed Up: A Fuel-Cycle License

NANO Nuclear Buys The One Thing You Can't Speed Up: A Fuel-Cycle License Ask anyone in the nuclear business what holds up the "renaissance" and you won't hear much about reactor physics. You will hear about paperwork, fuel, and paperwork for fuel. The DOE's Deputy Secretary James Danly put it bluntly last week: "If we are going to have this nuclear renaissance, we are not going to be able to do it without fuel." So it makes sense that the latest move from the NANO Nuclear (NNE), a ...

Alt - Zero Hedge - 19 hours ago

Sen. Marsha Blackburn Sues Former Special Counsel Jack Smith

Sen. Marsha Blackburn Sues Former Special Counsel Jack Smith Authored by Troy Myers via The Epoch Times, Sen. Marsha Blackburn (R-Tenn.) on Wednesday sued former special counsel Jack Smith and the Department of Justice (DOJ) over a subpoena Smith's office issued for her phone records during his investigation of President Donald Trump's actions around Congress's certification of the 2020 election. Blackburn alleged Smith violated her constitutional rights and was unlawfully appoi...

Alt - Zero Hedge - 20 hours ago

Federal Judge Blocks $100,000 Fee For H-1B Visas

Federal Judge Blocks $100,000 Fee For H-1B Visas Authored by Joseph Lord via The Epoch Times, A second federal judge has blocked the Trump administration from imposing a $100,000 fee on H-1B visas, which allow U.S. companies to hire high-skilled foreign workers. U.S. District Judge Haywood Gilliam, based in Oakland, California, determined that the U.S. Citizenship and Immigration Services and the State Department did not adhere to proper federal rule-making processes before the ...

Alt - Zero Hedge - 20 hours ago

Musk, Luckey And Gingrich Walk Into The Pentagon: Hegseth Unveils "Project Meridian" As Defense Stocks Suffer Record Losing Streak

Musk, Luckey And Gingrich Walk Into The Pentagon: Hegseth Unveils "Project Meridian" As Defense Stocks Suffer Record Losing Streak What do you get when you put the world's first trillionaire, the man who builds killer drones in Ohio, and a former House Speaker in a room and ask them to design the next century of warfare? According to Pete Hegseth, you get "Project Meridian." In a sprawling "State of the Force" address to junior officers and enlisted troops at Marine Corps Base Qu...

Alt - Zero Hedge - 20 hours ago

Opposite What You're Told, Markets Don't Wait For The Fed

Opposite What You're Told, Markets Don't Wait For The Fed Authored by Shahid Islam via RealClearMarkets, Financial commentary often makes monetary policy sound mechanical. The Federal Reserve raises interest rates, borrowing costs rise. The Fed cuts rates, borrowing costs fall. History is considerably messier. Beginning in June 2004, the Federal Reserve raised its federal-funds target 17 consecutive times, taking it from 1 percent to 5.25 percent. What happened to the 10-year ...

Alt - Zero Hedge - 21 hours ago

AI Less Than A Year Away From Developing Its Own Language, Researcher Tells Congress

AI Less Than A Year Away From Developing Its Own Language, Researcher Tells Congress Authored by Jacob Burg via The Epoch Times, Advanced artificial intelligence (AI) models may be less than a year away from inventing and deploying unique languages that humans would struggle to understand, a frontier AI researcher told Congress on Sept. 30. The Senate Homeland Security and Governmental Affairs Committee convened a meeting examining the threat that "rogue" AI may pose to U.S. nat...

Alt - Zero Hedge - 21 hours ago

US Manufacturing Survey Strongest Since May 2022 On AI Spend, Prices Paid Spike

US Manufacturing Survey Strongest Since May 2022 On AI Spend, Prices Paid Spike Following the explosive growth signaled by SandP Global's PMI data last week, this week we get a final look for September's Manufacturing surveys and fresh data from ISM. SandP Global's final September read for US Manufacturing dipped from the preliminary level but remains at its strongest since May 2022. ISM's September survey of US Manufacturers also dipped at the headline level (54.5 vs 55.0 exp), b...

Alt - Zero Hedge - 21 hours ago

'Iran's Deadline Expires Today': Tehran Threatens Renewed Attacks As Blockade Bites, Rial Collapses

'Iran's Deadline Expires Today': Tehran Threatens Renewed Attacks As Blockade Bites, Rial Collapses The Iran conflict is currently in an all too familiar stalemate, and many of the same statements are being regurgitated from each side - but this does indicate that negotiations have not yet entirely collapsed. Tehran is still apparently reviewing a Trump administration counterproposal to last week's Iranian seven day ceasefire pitch (which Trump had promptly rejected). Foreign Minis...

Alt - Zero Hedge - 22 hours ago

The Data Center Boom Faces Mounting Obstacles

The Data Center Boom Faces Mounting Obstacles By Brian Martucci of UtilityDive, The U.S. data center boom has entered a new, contradictory phase. On the one hand, both data center construction activity and credible forecasts for near-term capacity additions to the electric grid to serve data centers remain robust. The Electric Power Research Institute, for example, said in February that data centers will represent up to 17% of U.S. electricity demand in 2030 and as much as 20% i...

Alt - Zero Hedge - 23 hours ago

Futures Rise As 10Y Yields Pull Back From 24 Year High

Futures Rise As 10Y Yields Pull Back From 24 Year High The disconnect continues. With 10Y yields rising as high as 5.34% - a new 24 year high - before easing back US equities remain completely oblivious of the tightening in financial conditions and instead are obsessing with the memory bubble, and pushing higher on the first day of Q4 as strength in technology shares held up against volatility in bond markets and a renewed climb in oil. As of 8:00am ET, SandP 500 futures were up 0.4...

Alt - Zero Hedge - 23 hours ago

Mystery Shrouds Destruction Of US Spy Satellite

Mystery Shrouds Destruction Of US Spy Satellite A mysterious breakup of a decades-old American spy satellite has sent debris hurtling through low-Earth orbit, with the U.S. Space Force now tracking the fragments for potential threats to other spacecraft, according to Space-Track. The satellite, known as USA 32, came apart on September 13 at approximately 5:13 p.m. ET, according to U.S. Space Forces-Space. Officials have not publicly determined what caused the nearly 40-year-old s...

Alt - Zero Hedge - 23 hours ago

Amazon Secures 20 Years Of Nuclear Power From Constellation As Goldman Sees Industry-Wide Win

Amazon Secures 20 Years Of Nuclear Power From Constellation As Goldman Sees Industry-Wide Win Goldman analyst Carly Davenport views Amazon's nuclear power deal with Constellation Energy as "positive for industry broadly" as the "Powering Up America" theme and nuclear theme continue as Big Tech scrambles for the cleanest form of stable power to fuel data centers chip stacks.  Davenport said Constellation Energy's 20-year deal to supply Amazon with 690 megawatts from Maryland's Calve...

Alt - Zero Hedge - 23 hours ago

Lilly's "Incredible Hulk" Obesity Combo Delivers Record 23% Weight Loss In Diabetics

Lilly's "Incredible Hulk" Obesity Combo Delivers Record 23% Weight Loss In Diabetics Eli Lilly's experimental combination of eloralintide and Mounjaro delivered average weight loss of up to 23% in people with diabetes, strengthening the company's competitive edge against Novo Nordisk in the obesity and diabetes treatment market. Participants who received the highest dose lost an average of 54 pounds over 48 weeks. Their A1C, a measure of average blood sugar, fell 2.9 percentage poi...

Alt - Zero Hedge - 1 day ago

Tennessee Botches Execution: Inmate Still Snoring After Two Doses Of Pentobarbital, Hauled To Hospital

Tennessee Botches Execution: Inmate Still Snoring After Two Doses Of Pentobarbital, Hauled To Hospital The State of Tennessee spent Wednesday trying to carry out a death sentence it has had on the books for thirty years, and ended the night with the condemned woman in an ambulance. Christa Gail Pike, 50 - the only woman on Tennessee's death row - was still breathing, audibly snoring, and maintaining a heartbeat after prison staff administered two doses of pentobarbital at Nashvil...

Alt - Zero Hedge - 1 day ago

Central Banks Cannot Fix The Sovereign Debt Bubble

Central Banks Cannot Fix The Sovereign Debt Bubble Authored by Daniel Lacalle via dlacalle.com, Global investors spend a great deal of time worrying about an alleged artificial intelligence bubble. However, they should pay more attention to the government debt bubble. The most dangerous assumption is that governments can keep borrowing and making promises because central banks will always step in, disguising fiscal irresponsibility with quantitative easing programs. Many market par...

Alt - Zero Hedge - 1 day ago

Mystery Shrouds Destruction of US Spy Satellite

Mystery Shrouds Destruction of US Spy Satellite A mysterious breakup of a decades-old American spy satellite has sent debris hurtling through low-Earth orbit, with the U.S. Space Force now tracking the fragments for potential threats to other spacecraft, according to Space-Track. The satellite, known as USA 32, came apart on September 13 at approximately 5:13 p.m. ET, according to U.S. Space Forces-Space. Officials have not publicly determined what caused the nearly 40-year-old s...

Alt - Zero Hedge - 1 day ago

16 U.S. Trucking Companies File For Bankruptcy In Less Than A Month As Diesel Prices Soar

16 U.S. Trucking Companies File For Bankruptcy In Less Than A Month As Diesel Prices Soar Diesel prices have exploded over the past month, creating another major cost shock for an industry that was already operating on thin margins. The national average climbed from roughly $5.60 per gallon at the end of August to a record $6.53 in late September, an increase of about 17% in just a few weeks. Prices have eased slightly from that peak, but the EIA’s latest weekly reading still puts d...

Alt - Zero Hedge - 1 day ago

'Sensitive Security Situation': Israeli Army Chief Abruptly Cancels Trip To US

'Sensitive Security Situation': Israeli Army Chief Abruptly Cancels Trip To US Via The Cradle The Israel military's Chief of Staff Eyal Zamir has canceled a planned trip to the US due to a "sensitive security situation," Israeli news outlet i24 reported on 30 September.  There is "increased alertness" in the army, said i24 military analyst Yossi Yehoshua. "The decision to cancel the trip was made by the military's top echelon even before Prime Minister Benjamin Netanyahu's stateme...

Alt - Zero Hedge - 1 day ago

The Disastrous UK Disability Signal That Corroborates The US Data!

The Disastrous UK Disability Signal That Corroborates The US Data! Authored by Ed Dowd: Beyond the Narrative via Substack, The Disability Signal Across the Atlantic On August 11 I wrote US Disabilities Hit an All-Time High of 37 Million In July: UP 23% Since Feb 2021. The BLS Current Population Survey printed 37,029,000 Americans 16 and over reporting a disability. That is seven million more people since February 2021, a 3-to-4 sigma break from the pre-2020 plateau that has not me...

Alt - Zero Hedge - 1 day ago

Brazil Election Polls Too Close To Call, But Polymarket Gives Bolsonaro Clear Lead

Brazil Election Polls Too Close To Call, But Polymarket Gives Bolsonaro Clear Lead Brazil's presidential race is entering the final stretch ahead of Sunday's first-round vote.  HSBC strategists led by Nicole Inui wrote in a note that the latest polls show socialist President Luiz Inácio Lula da Silva slightly ahead of right-wing Senator Flávio Bolsonaro, though the race remains neck and neck. Both candidates remain statistically tied. If no candidate wins more than 50% of valid vo...

Alt - Zero Hedge - 1 day ago

"Zero Hormuz": Abu Dhabi Crown Prince Readies Tens Of Billions To Turn Fujairah Into Hormuz Bypass

"Zero Hormuz": Abu Dhabi Crown Prince Readies Tens Of Billions To Turn Fujairah Into Hormuz Bypass On March 3, just days after the first US and Israeli strikes on Iran, when most of the market was still busy pricing the closure of the Strait of Hormuz as a temporary inconvenience, we pointed out something that seemed rather obvious (to us): the UAE's oil port of Fujairah, which sits on the Gulf of Oman and bypasses the strait completely, was far too small for its strategic importanc...

Alt - Zero Hedge - 1 day ago

Uranium Term Prices Hit A Record... So Why Is Nuclear Getting Nuked?

Uranium Term Prices Hit A Record... So Why Is Nuclear Getting Nuked? If you only looked at the price of the fuel, you'd think the nuclear trade has never been better. Long-term uranium prices are sitting at $96/lb, an all-time record and up ~12% YTD, taking out the $95/lb high set in mid-2007 at the peak of the last uranium mania (per UxC data compiled by TD Cowen). Spot has followed along to roughly $90/lb, up ~11% YTD. If, however, you looked at anything with a ticker attached to...

Alt - Zero Hedge - 1 day ago

Protection Orders, Gun Training, And 3D Printing Laws Among Gun Bills Signed By California Governor

Protection Orders, Gun Training, And 3D Printing Laws Among Gun Bills Signed By California Governor Authored by Michael Clements via The Epoch Times, California Gov. Gavin Newsom signed a package of 10 gun bills into law that he says will enhance what he considers to be the state's already exemplary record of firearms safety. Newsom's office announced the signing in a press release on Monday. According to the release, the laws are meant to reduce violent crime involving guns and...

Alt - Zero Hedge - 1 day ago

Ken Griffin Pledges Record $3 Billion To Carnegie Mellon, With $2 Billion Going To Miami

Ken Griffin Pledges Record $3 Billion To Carnegie Mellon, With $2 Billion Going To Miami Mamdani wants New York’s billionaires to cough up more money. Maybe he should call Florida and ask how they’re getting them to hand it over voluntarily. Because Miami just scored a $3 billion pledge from billionaire Ken Griffin, with $2 billion earmarked for a brand new Carnegie Mellon campus in the city, according to Forbes. The massive commitment represents Griffin’s latest investment in Mia...

Alt - Zero Hedge - 1 day ago

Ron Paul: The Coming GOP Bloodbath?

Ron Paul: The Coming GOP Bloodbath? Authored by Ron Paul via The Ron Paul Institute for Peace and Prosperity, Most indicators suggest that the Republicans in the House and Senate are going to face a brutal backlash from the American people in November. Polling with generic ballots suggest a big win for the Democrats and likely the loss of Republican control of both houses of Congress. There is little reason to cheer a Democratic party victory, however Republicans in charge have ...

Alt - Zero Hedge - 1 day ago

To Build Golden Fleet Frigate Fast, Two Shipyards Are Needed

To Build Golden Fleet Frigate Fast, Two Shipyards Are Needed Authored by Brent Sadler and Chase Ouellette via RealClearDefense, In 1798, while at war with France, an exasperated British Lord Nelson exclaimed, "Were I to die at this moment, 'want of frigates!' would be stamped on my heart." It's a perennial problem: Frigates formed the backbone of navies in Nelson's time and do so today as well, and there seldom seems to be enough. The U.S. Navy's ambitious Golden Fleet shipbuilding...

Alt - Zero Hedge - 1 day ago

Benchmaxxed: Google's New Gemini 4 Aces SAT, Struggles With Actual Job, "Skeptical Employees" Admit

Benchmaxxed: Google's New Gemini 4 Aces SAT, Struggles With Actual Job, "Skeptical Employees" Admit After a year in which Google's AI roadmap resembled a Waymo stuck in a roundabout, the search giant on Wednesday finally unveiled Gemini 4 "Argon", its long-awaited flagship model. The market cheered, briefly: according to Goldman's closing equities color, GOOG traded +2% after hours on the "Argon" announcement.  Then Bloomberg reported that some of the people who have actually use t...

Alt - Zero Hedge - 1 day ago

Judge Orders New York City To Scrap Notices For Mamdani's Tax On Second Homes

Judge Orders New York City To Scrap Notices For Mamdani's Tax On Second Homes Authored by Jill McLaughlin via The Epoch Times, A Staten Island judge ruled Sept. 29 that New York City Mayor Zohran Mamdani's administration mishandled the rollout of a pied-à-terre tax on second homes in July, ordering the city to scrap the notices and start over. Supreme Court Justice Wayne Ozzi sided with homeowners who claimed the program that in July added a special tax on second homes worth mor...

Alt - Zero Hedge - 1 day ago

Battleground Democrats Are Snubbing Two 2028 Presidential Contenders

Battleground Democrats Are Snubbing Two 2028 Presidential Contenders Democratic candidates in several of this fall's most competitive House and Senate races are keeping Rep. Alexandria Ocasio-Cortez (D-N.Y.) and former Vice President Kamala Harris off their campaign trails - even though both women rank among the party's leading prospects for the 2028 presidential nomination. The Democratic bench for 2028 includes Harris, California Gov. Gavin Newsom, former Transportation Secreta...

Alt - Zero Hedge - 1 day ago

US Ambassador Says China Is 'Weaponizing' Rare-Earth Dominance

US Ambassador Says China Is 'Weaponizing' Rare-Earth Dominance Authored by Arthur Zhang via The Epoch Times, Beijing is "weaponizing" its dominance of rare earths, and Chinese authorities have escalated restrictions on efforts to diversify supply chains away from China, U.S. Ambassador David Perdue said on Sept. 29. A view of the MP Materials rare-earth open-pit mine in Mountain Pass, Calif., on Jan. 30, 2020. Steve Marcus/Reuters"This is a single-source dominant position that Chi...

Alt - Zero Hedge - 1 day ago

Massive Gas Pipeline Blast Rocks Damascus Suburbs - 2nd Suspected Sabotage This Week

Massive Gas Pipeline Blast Rocks Damascus Suburbs - 2nd Suspected Sabotage This Week A huge explosion has rocked a Damascus suburb area on Wednesday evening (local), in what could be the second act of suspected sabotage against natural gas infrastructure in just a few days. "A gas pipeline exploded Wednesday near the Tishreen power station in Syria’s Eastern Ghouta area in the Damascus countryside," Alikhbariah TV reported. According to more per regional sources, "It said the loud...

Alt - Zero Hedge - 1 day ago

Newsom Signs Laws Banning Shock Gloves And Taxing Immigration Detention Centers

Newsom Signs Laws Banning Shock Gloves And Taxing Immigration Detention Centers Authored by Chase Smith via The Epoch Times, California Gov. Gavin Newsom signed 21 bills on Sept. 29 aimed at limiting federal immigration enforcement in the state, including a ban on officers using shock gloves and a new 25 percent tax on private detention centers. California Gov. Gavin Newsom speaks in Los Angeles on Sep. 25, 2024. John Fredricks/The Epoch Times"California is taking action to streng...

Alt - Zero Hedge - 1 day ago

Hegseth Orders Cyber Command, Intel Agencies To Counter Foreign Threats To Midterms

Hegseth Orders Cyber Command, Intel Agencies To Counter Foreign Threats To Midterms Secretary of War Pete Hegseth has directed U.S. Cyber Command and the Pentagon's combat support agencies to focus intelligence and cyber tools on foreign efforts to interfere in the 2026 midterm elections. The Department of War (DoW) memo circulated Monday and dated Sept. 22 was addressed to the Cyber Command chief and the directors of the National Security Agency (NSA), the Defense Intelligence A...

Alt - Zero Hedge - 1 day ago

Micron Flat After Strong Revenue Guidance Offsets Slight Margin Miss

Micron Flat After Strong Revenue Guidance Offsets Slight Margin Miss The highly anticipated Micron earnings (since memory is the one place in the sector in the market where all those massive new bond sales are funding) are finally out and they painted a solid, if slightly mixed, picture compared to buyside bogeys. As we said in our preview, what would matter today is not what the company did in Q4, but how it guided to Fiscal Q1 (ending next calendar quarter), and sure enough Q3 wa...

Alt - Zero Hedge - 1 day ago

Who Keeps The Money When AI Rewrites Bank Code?

Who Keeps The Money When AI Rewrites Bank Code? Authored by Patrick Feeley via Substack, The code most American banks run on was designed in 1959, the year Alaska and Hawaii became states. A committee of government and industry people wrote COBOL so that business programs could be read by people who were not mathematicians, and a good part of it was modeled on FLOW-MATIC, an earlier language from Grace Hopper, a Navy officer. I doubt anyone on that committee thought it would still ...

Alt - Zero Hedge - 1 day ago

Trump Responds To Watchdog Report: Force Powell Off The Fed Board - Or Sue Him

Trump Responds To Watchdog Report: Force Powell Off The Fed Board - Or Sue Him Update (1554ET): So much for "finality." Minutes after the Fed's own inspector general cleared the Eccles renovation of criminality - and of administrative misconduct - President Trump made clear he is not treating the Horowitz report as the last word. Powell, Trump said on Truth Social, should be "forced to resign" from the Board of Governors. If he doesn't, "he should be sued by the US." As for the ...

Alt - Zero Hedge - 1 day ago

Police "Islamophobia" Training Equates Farage's Words With Hate Crime

Police "Islamophobia" Training Equates Farage's Words With Hate Crime Authored by Steve Watson via MODERNITY, North Yorkshire officers sat through a publicly funded "Islamophobia" talk that treated Reform UK leader Nigel Farage's remarks on British values as if they belonged in the same conversation as a racially aggravated attack. The trainer then asked the room which man had done "the most harm" - the politician on national television, or a man filmed abusing a Muslim bus driv...

Alt - Zero Hedge - 1 day ago

Stabbed Indian Pilot Foils Crash Plot By Crazed Omani Co-Pilot As Jet Plunged 18,000 Feet

Stabbed Indian Pilot Foils Crash Plot By Crazed Omani Co-Pilot As Jet Plunged 18,000 Feet Summary:  Heroic Captain Fights Off Omani Co-Pilot In Suspected Hijacking Of Israel-Bound Jet CNN Sources Say Co-Pilot Tried To Hijack Plane  Omani Co-Pilot Stabbed Pilot  Midair Horror: FlyDubai Pilot Reportedly Stabbed, Israeli News Says Incident Treated As "Full-Fledged Terror Attack" New Details  New details have emerged about what happened on the Israel-bound Flydubai flight earlier t...

Alt - Zero Hedge - 1 day ago

Top Shia Cleric Says US Should Compensate Iraqis As Last American Forces Leave

Top Shia Cleric Says US Should Compensate Iraqis As Last American Forces Leave Via Middle East Eye Influential Shia cleric Muqtada al-Sadr has said the US should compensate Iraqis for the damage inflicted on the country, as the last American troops pull out of Iraq. In a statement on Wednesday, which is the deadline for American forces to end their 12-year presence (since the start of 'Inherent Resolve' against ISIS) in the country, Sadr hailed the "independence of Iraq" and prais...

Alt - Zero Hedge - 1 day ago

Mother Arrested After Toddler Pulls Loaded Gun From Backpack At Michigan Daycare

Mother Arrested After Toddler Pulls Loaded Gun From Backpack At Michigan Daycare A toddler pulled a loaded handgun from a backpack inside a Michigan daycare Monday, leaving a teacher to step in before anyone was hurt. The child's mother has been arrested, while the father, reportedly a Detroit police officer, is the subject of a separate departmental review. Local reporting describes an incident captured on surveillance video and a criminal investigation into the circumstances. T...

Alt - Zero Hedge - 1 day ago

Navy Awards Boeing $20 Billion Contract For Next-Generation Fighter

Navy Awards Boeing $20 Billion Contract For Next-Generation Fighter Authored by Tom Gantert via The Epoch Times, Boeing has secured a contract worth more than $20 billion to develop the U.S. Navy's next-generation carrier-based fighter. The Boeing Co. logo is displayed outside of company offices near Los Angeles International Airport in El Segundo, Calif., on Jan. 18, 2024. Patrick T. Fallon/AFP via Getty ImagesThe Navy contract covers full-scale development of the sixth-generatio...

Alt - Zero Hedge - 1 day ago

"Seek Higher Ground Now": A Near Dam Failure In New Mexico Was Just The Warm-Up For A Record El Niño

"Seek Higher Ground Now": A Near Dam Failure In New Mexico Was Just The Warm-Up For A Record El Niño A flood-control dam in southern New Mexico came close enough to failing Tuesday that the National Weather Service ordered people downstream to get out of the way. Forecasters issued a flash flood emergency for McLeod Dam near Garfield in Doña Ana County, after dam operators and county officials reported that failure was imminent: "This is a PARTICULARLY DANGEROUS SITUATION. SEEK...

Alt - Zero Hedge - 1 day ago

Trump's $200BN Korean "Investment" Is A Gas Plant With No Customers, Eight Reactors With No Sites, And A Pipeline Seoul Calls A "Future Discussion"

Trump's $200BN Korean "Investment" Is A Gas Plant With No Customers, Eight Reactors With No Sites, And A Pipeline Seoul Calls A "Future Discussion" A week ago, we wrote that South Korea had finally found a home for the first slice of the $350 billion it promised Trump: a $22.3 billion, 6.3GW gas plant in Encinal, Texas, with no customers, no PPA, and turbines that may not show up this decade. That left, as we put it then, "$328 billion to go." That number is about to get a lot smal...

Alt - Zero Hedge - 1 day ago

Congress Keeps The Trading Desk Open: Senate Dems Sink Lawmaker Trading Ban 53-47

Congress Keeps The Trading Desk Open: Senate Dems Sink Lawmaker Trading Ban 53-47 A midterm messaging bill that was never going to become law just confirmed the only bipartisan consensus that matters: members of Congress still get to play the tape. Senate Democrats just blocked cloture on a bill that would have stopped lawmakers from buying new publicly traded stocks. The vote was 53-47. Sixty were required. But guess what happened? Republicans dropped Voter ID into it so the Dem...

Alt - Zero Hedge - 1 day ago

Fed Watchdog Finds No Crimes In $2.4 Billion Renovation, Just Everything Else

Fed Watchdog Finds No Crimes In $2.4 Billion Renovation, Just Everything Else After more than a year of drama, subpoenas, surprise site visits, hard-hat photo ops and one very public fight over beehives, the Fed's internal watchdog has finally weighed in on the central bank's headquarters renovation. The verdict: nobody committed a crime, but almost nobody was minding the budget either. According to a report released Wednesday by the Fed's Office of Inspector General, there were no...

Alt - Zero Hedge - 1 day ago

It's Time For The Right To Return Fire

It's Time For The Right To Return Fire Authored by Tom Klingenstein via TomKlingenstein.com, In this essay, Thomas Klingenstein argues that the Right has made a category error: treating lawfare as a series of discrete legal disputes when it is better understood as a system of political power. His answer isn't simply better defense, but counterpressure - a new public-interest law firm, led by Jeff Clark, meant to defend conservative lawyers and make lawfare more costly to practice....

Alt - Zero Hedge - 1 day ago

Gulf Exports Roar Back To Pre-War Levels, Goldman Says; Blas Sees "Trump Has Advantage" On Hormuz

Gulf Exports Roar Back To Pre-War Levels, Goldman Says; Blas Sees "Trump Has Advantage" On Hormuz The US conflict with Iran has been ongoing for seven months and will soon enter its eighth month. Diplomatic signals this week, along with another request for a US SPR dump and reports of Gulf oil export flows improving toward prewar levels, have sent Brent crude futures down to around $103 a barrel. Goldman analysts Yulia Zhestkova Grigsby, Alexandra Paulus and Daan Struyven have penn...

Alt - Zero Hedge - 1 day ago

"BigMacGPT": McDonald's Uses AI To Figure Out How Much Your Next Burger Will Cost Depending On Location

"BigMacGPT": McDonald's Uses AI To Figure Out How Much Your Next Burger Will Cost Depending On Location One week after McDonald's held its investor day at its Chicago headquarters, Wall Street has soured on a near-term turnaround effort, with Deutsche Bank analysts saying it has effectively been delayed.  Now, a new report says the quick-service restaurant chain behind the Big Mac is rapidly expanding its use of artificial intelligence to recommend menu prices based partly on what ...

Alt - Zero Hedge - 1 day ago

Sex, Spies, And The FOMC: How Beijing Turned A Senior Fed Economist Into Its "Inside Man"

Sex, Spies, And The FOMC: How Beijing Turned A Senior Fed Economist Into Its "Inside Man" For years, conspiracy theorists have insisted that the Federal Reserve is run for the benefit of a foreign power. It turns out they were - at worst - only half wrong: it's just that the foreign power in question wasn't getting the FOMC minutes through the front door, but via a lovesick Fed economist, an online dating site, a set of silk scarves, and a gym-obsessed "Ph.D. student" who, according...

Alt - Zero Hedge - 1 day ago

Signs Of Fresh Houthi Attack On Saudi Aramco Facilities

Signs Of Fresh Houthi Attack On Saudi Aramco Facilities Update(1159ET): While very unconfirmed at this early stage, the Houthis have reportedly attacked the Abqaiq oil city in eastern Saudi Arabia this afternoon (local), reports IRNA citing anonymous news sources. Abqaiq is at the heart of of Saudi crude processing, and it has been struck previously in the context of the Saudi-Yemen conflict. However, there have been conflicting reports, with some open-source accounts offering satel...

Alt - Zero Hedge - 1 day ago

Bank of Korea To Buy 1 Ton Of Gold In First Purchase Since 2013

Bank of Korea To Buy 1 Ton Of Gold In First Purchase Since 2013 Add South Korea to the list of countries taking tentative steps to hedge their exposure to the US dollar, and fiat in general. The Bank of Korea will buy approximately one ton of domestically produced gold in December, worth 200 billion won, according to the office of Rep. Chung Tae-ho of the Democratic Party of Korea, a member of the National Assembly's Strategy and Finance Committee, on the 30th. The move, which f...

Alt - Zero Hedge - 1 day ago

Oil Hits Session High After DOE Shows Lowest Midwest Gasoline Stocks On Record

Oil Hits Session High After DOE Shows Lowest Midwest Gasoline Stocks On Record Oil prices rose to session highs after today's DOE inventory data refuted the latest cheerful API prints from Tuesday afternoon. Instead of the API-reported builds in distillates and gasoline, the DOE said that in the last week both products drew, with a modest increase in Cushing inventories, while crude inventories rose by 922K API     Crude +1.0mm     Gasoline +3.0mm     Distillates +0.3mm     Cus...

Alt - Zero Hedge - 1 day ago

Feds Investigate Kinzinger Over Alleged Kalshi Bets On Own Pardon

Feds Investigate Kinzinger Over Alleged Kalshi Bets On Own Pardon Former Republican Rep. Adam Kinzinger is reportedly under investigation by the Commodity Futures Trading Commission over prediction-market trades tied to an unusually personal event: whether President Joe Biden would pardon him. According to Politico, citing three people familiar with the matter, the CFTC has been examining trades made by a Kalshi account linked to Kinzinger in December 2024 and January 2025. Kalsh...

Alt - Zero Hedge - 1 day ago

Migrant Caravan Headed For US Border Has 'Zero Chance' Of Entering, DHS Chief Warns

Migrant Caravan Headed For US Border Has 'Zero Chance' Of Entering, DHS Chief Warns Another migrant caravan from Honduras has "zero chance" of entering the United States, DHS Secretary Markwayne Mullin.  U.S. Army combat engineers place razor wire on the U.S.-Mexico border wall to reinforce security in El Paso, Texas, as seen from Ciudad Juarez, Mexico, on July 24, 2025. Jose Luis Gonzalez/Reuters"The caravan has zero chance of coming into our country," he told Newsmax Monday. "I’v...

Alt - Zero Hedge - 1 day ago

FTC Launches 'Rogue AI' Probe Of OpenAI, Anthropic - And Takes Aim At Their Regulatory Moat

FTC Launches 'Rogue AI' Probe Of OpenAI, Anthropic - And Takes Aim At Their Regulatory Moat The Federal Trade Commission (FTC) is launching a sweeping, aggressive probe into top frontier labs like OpenAI and Anthropic. However, the investigation goes far beyond simply asking questions about autonomous software run amok, and its chairman has made clear he won't let Silicon Valley use recent AI failures to build an insurmountable regulatory moat. According to administration officia...

Alt - Zero Hedge - 1 day ago

Core PCE Prints Cooler Than Expected Due To Change In Methodology, As Savings Rate Plunges To 3 Year Low

Core PCE Prints Cooler Than Expected Due To Change In Methodology, As Savings Rate Plunges To 3 Year Low Ahead of today's closely watched core PCE report - the Fed's (reportedly) favorite inflation indicator (although that will probably shift to Truflation after Kevin Warsh's task force is done with analyzing the data), which was seen by many as deciding whether the Fed will hike in October and December, or just December as NY Fed president John Williams strongly hinted yesterday, w...

Alt - Zero Hedge - 1 day ago

Apple's $2,000 Foldable iPhone Could Sell 6 Million Units, Counterpoint Says

Apple's $2,000 Foldable iPhone Could Sell 6 Million Units, Counterpoint Says Counterpoint senior analyst Ivan Lam expects Apple to sell about 6 million units of its first foldable iPhone this year. The estimate offers an early sentiment gauge of potential demand for Apple's first-ever foldable handset, priced at roughly $2,000. The iPhone Duo sales forecast hinges on Apple's ability to ramp up production, Lam said, according to Bloomberg News. The new foldable iPhone is scheduled f...

Alt - Zero Hedge - 1 day ago

Omani Co-Pilot Stabbed Captain, Tried To Hijack Israel-Bound Jet

Omani Co-Pilot Stabbed Captain, Tried To Hijack Israel-Bound Jet Summary:  CNN Sources Say Co-Pilot Tried To Hijack Plane  Omani Co-Pilot Stabbed Pilot  Midair Horror: FlyDubai Pilot Reportedly Stabbed, Israeli News Says Incident Treated As "Full-Fledged Terror Attack" Two Israeli sources told CNN that the Omani co-pilot aboard the Israel-bound Flydubai flight earlier this morning attempted to hijack the plane and stabbed the pilot in the process.  The outlet said: The sources ...

Alt - Zero Hedge - 1 day ago

Kennedy Touts AI Over Doctors At Industry-Backed Summit

Kennedy Touts AI Over Doctors At Industry-Backed Summit Authored by Zachary Stieber via The Epoch Times (emphasis ours), Health Secretary Robert F. Kennedy Jr. on Sept. 29 touted artificial intelligence (AI) for people making medical decisions at a summit sponsored by AI companies, drawing criticism from some doctors. Health Secretary Robert F. Kennedy Jr. speaks in Dallas, Texas, on Sept. 10, 2026. Kevin Dietsch/Getty ImagesKennedy, during an appearance at an event in Washington ...

Alt - Zero Hedge - 1 day ago

2028: Unlikely Republican Senator Drawing Buzz as Vance's Potential VP Pick

2028: Unlikely Republican Senator Drawing Buzz as Vance's Potential VP Pick Sen. Eric Schmitt (R-MO) is drawing speculation as Vice President JD Vance’s potential running mate in 2028, Axios reported Tuesday. Vance views the 51-year-old Missouri Republican as “trustworthy, intelligent, articulate and a deft political operator,” according to the outlet. Secretary of State Marco Rubio appears to be the early favorite to be Vance's vice presidential pick, though two years is a life...

Alt - Zero Hedge - 1 day ago

These Are The Biggest Players In The $13.5 Trillion Repo Market: How Hedge Fund "Basis Trades" and Money Market Funds Fit In

These Are The Biggest Players In The $13.5 Trillion Repo Market: How Hedge Fund "Basis Trades" and Money Market Funds Fit In Authored by Wolf Richter via Wolf Street, The size of the repo market has ballooned to over $13.5 trillion in outstanding agreements daily, according to the government's Office of Financial Research (OFR). Via the repo market, financial institutions borrow from, and lend to, each other mostly overnight, but also for longer periods, such as for one week, secur...

Alt - Zero Hedge - 1 day ago

From TINA To TIGA: Diversification Pays Again

From TINA To TIGA: Diversification Pays Again Authored by Lance Roberts via RealInvestmentAdvice.com, For more than a decade following the Financial Crisis, one acronym embodied the investment landscape: TINA, “there is no alternative.” The logic behind TINA was that the Fed and most other developed nations’ central banks held interest rates near zero and even below zero in some cases. As a result, Treasury, corporate, municipal, and international bond yields were extremely low for...

Alt - Zero Hedge - 2 days ago

Midair Horror: FlyDubai Pilot Reportedly Stabbed, Israeli News Says Incident Treated As "Full-Fledged Terror Attack"

Midair Horror: FlyDubai Pilot Reportedly Stabbed, Israeli News Says Incident Treated As "Full-Fledged Terror Attack" Flydubai Flight FZ1073 from Dubai to Tel Aviv abruptly diverted to Saudi Arabia earlier today after a reported fight between the pilots triggered a distress alert, sources told CNN. Flight-tracking data from Flightradar24 shows Flydubai Flight FZ1073 diverted over Jordanian airspace toward Saudi Arabia and rapidly descended 17,400 feet in just minutes around 0120 E...

Alt - Zero Hedge - 2 days ago

How Do You Say "What The Actual F**k" In French?

How Do You Say "What The Actual F**k" In French? Authored by Steve Watson via Modernity News, Paris Fashion Week is no longer in the business of clothes. It is in the business of humiliation. The Spring/Summer 2027 season opened in the French capital this week as a contest to see who can manufacture the most freakish garbage: outfits and makeup built to wipe out sex, wipe out beauty, and leave the human face looking like a prop from a cheap horror set. The models are interchange...

Alt - Zero Hedge - 2 days ago

Google Challenges EU Orders Requiring It Reveal AI, Search-Engine Information To Rivals

Google Challenges EU Orders Requiring It Reveal AI, Search-Engine Information To Rivals Google parent Alphabet on Monday took Brussels to court over two European Union orders that would force the search giant to open its Android devices to rival AI services and hand competing search engines access to its search data. The Google logo at the VivaTech show in Paris on June 15, 2023. The Canadian Press/AP, Michel EulerThe European Commission issued both orders in July under the Digital...

Alt - Zero Hedge - 2 days ago

Argentina Threatens UK With Court Action Over Falklands Oil Drilling

Argentina Threatens UK With Court Action Over Falklands Oil Drilling Authored by Charles Kennedy via OilPrice.com, Argentina will sue the UK unless it suspends an oil drilling project off the coast of the Falkland Islands, the BBC has reported, citing an X post by Argentine president Javier Milei. "I instructed the Foreign Ministry and our legal teams to initiate international arbitration against the United Kingdom for the illegal plundering of our resources through the Sea Lion...

Alt - Zero Hedge - 2 days ago

French President Macron's Approval Rate Hits Record Low As Fuel Crisis Worsens

French President Macron's Approval Rate Hits Record Low As Fuel Crisis Worsens Via Remix News, The popularity of French President Emmanuel Macron and his prime minister, Sébastien Lecornu, has plummeted due to the ongoing fuel crisis, BFMTV reports, citing a poll conducted by Odoxa-Mascaret for the online broadcaster Public Sénat and regional media. The poll was conducted last week, ahead of Emmanuel Macron's speech on rising fuel prices. The French president's approval rating ...

Alt - Zero Hedge - 2 days ago

Sarah Huckabee's Tone Deaf Political Ad And The "Young White Man Problem"

Sarah Huckabee's Tone Deaf Political Ad And The "Young White Man Problem" America has a young white man problem, or at the very least, most popular media, corporate advertising and even political advertising seems to say so.  Either they are completely absent from the majority of media imagery, or when they are present, they are depicted as incompetent buffoons and ineffectual effeminate weaklings.  This has been an inescapable reality of western pop culture for the past decade.  O...

Alt - Zero Hedge - 2 days ago

Justice And Justices' Investments Should Be Blind: The Alito Controversy Raises Persistent Problem On The Court

Justice And Justices' Investments Should Be Blind: The Alito Controversy Raises Persistent Problem On The Court Authored by Jonathan Turley via JonathanTurley.org, Yesterday, Supreme Court Justice Samuel Alito recused himself from one of the term's most important cases: Suncor Energy Inc. v. County Commissioners of Boulder County. As I have previously discussed, the case involving the liability of energy companies for nuisance actions tied to climate change could have sweeping ...

Alt - Zero Hedge - 2 days ago

US Working To Close Visa Loophole For Chinese Visitors: Homan

US Working To Close Visa Loophole For Chinese Visitors: Homan Authored by Frank Fang and Jan Jekielek via The Epoch Times, The Trump administration is taking steps to prevent Chinese nationals from exploiting a visa-free travel program to the Northern Mariana Islands, according to White House border czar Tom Homan. Chinese citizens wait to submit their visa applications at the U.S. Embassy in Beijing on May 2, 2012. Mark Ralston/AFP/GettyImagesSpeaking to Epoch Times senior editor...

Alt - Zero Hedge - 2 days ago

Boston Mayor Michelle Wu Paying Illegals $575 To Become 'Organizers'... And US-Born Residents Are Excluded

Boston Mayor Michelle Wu Paying Illegals $575 To Become 'Organizers'... And US-Born Residents Are Excluded Boston taxpayers are funding a program that teaches immigrants how to organize, lobby city officials and advocate for political change, then hands participants $575 for completing it. Illegal immigrants are eligible, while U.S.-born Boston residents are not. Boston Mayor Michelle WuThe Immigrants Lead Boston program, operated by Mayor Michelle Wu's Office for Immigrant Advance...

Alt - Zero Hedge - 2 days ago

Congress Ordered An Annual Accounting Of Terrorism; The Counting Has Stopped...

Congress Ordered An Annual Accounting Of Terrorism; The Counting Has Stopped... Authored by David E. Firester via RealClearDefense, On May 1, 2026, the State Department released the 2024 edition of the Country Reports on Terrorism - a full year past the deadline in effect when the report came due, and months past even the more forgiving date Congress has since written into law. No Annex of Statistical Information, the report's statistical backbone in years past, has been published...