Category: Economy

U.S. Ramps Up Surveillance Amid Fears Of Iran-Backed Sleeper Cells  President Trump stated Thursday that a potential U.S. strike on Iranian nuclear targets could occur within a two-week window. This announcement aligns with an uptick in U.S. military activity across the USNORTHCOM, USEUCOM, and USCENTCOM theaters, including airlift missions, the deployment of aerial refueling tankers, and the repositioning…

Letter Urges Transportation Sec. Duffy To Ban Foreign CDLs Amid Series Of Highway Crashes   Submitted by American Truckers United, As the deadline for President Trump’s Executive Order 14286, titled “Enforcing Commonsense Rules of the Road for America’s Truck Drivers,” looms, a powerful movement is gaining momentum in Washington to address a national security crisis in America’s…

Iran’s Internet Blackout Enters Day Two As Starlink “Beams Are On”  One path to regime change in Iran involves targeted strikes on state media infrastructure, designed to sever the regime’s grip on domestic narratives. In parallel, Western technology—such as Starlink terminals—could flood the information vacuum with uncensored internet, enabling the West’s long-prepared psychological operations to win hearts and…

FDA Halts Trials That Send Americans’ Cells To China, Other ‘Hostile Countries’ Authored by Zachary Stieber via The Epoch Times (emphasis ours), The U.S. Food and Drug Administration (FDA) on June 18 announced a halt to clinical trials that involve sending cells from Americans to “hostile countries” until they can confirm Americans have granted informed…

Nebraska ICE Raid Debunks Claim That The US Needs Migrant Labor The primary argument among progressives on the issue of mass deportations is that “criminals are fine” but kicking Pedro the farm worker or Juanita the waitress back to Mexico is unacceptable because they are doing jobs that native born Americans refuse to do. First,…

VDH: Israel Dismantles Iran’s Defenses, But Will It Be Enough? Via DailySignal.com, We are at a historic time in the Middle East. Never in our lifetimes have we been closer to a complete revolutionary fervor that gives promise of normalcy for the Middle East. And never have we been in more danger of seeing the…

Trump Warns Lindsay Graham, Mike Pompeo To Watch Their “Mouth” In Stoking Ukraine War President Trump on Friday warned Lindsay Graham (R-SC) and Mike Pompeo to be “very careful what they say,” after we asked him about their efforts to stoke the Russia-Ukraine war.  “On Russia-Ukraine, you’ve been making progress towards a peace deal. I don’t know…

Anxiety Attack Authored by James Howard Kunstler, “The object of life is not to be on the side of the majority but to escape finding oneself in the ranks of the insane.” – Marcus Aurelius You must have noticed by now how this Fourth Turning bidness disorders the collective mind. The churning zeitgeist is hard…

Iran Officials Join Large Anti-Israel Street Protests Dubbed ‘Friday Of Rage & Victory’ Despite Israeli warplanes conducting regular bombings and around Tehran, and against nuclear and missile sites in Western Iran, tens of thousands have taken to the streets for what activists are calling “Friday of Rage and Victory” after mosque prayers on Friday morning. The…

NIH Ends Gain-Of-Function Research, Implementing Trump’s Executive Order Authored by Savannah Hulsey Pointer via The Epoch Times, The National Institute of Health (NIH) announced the end of gain-of-function research in a June 18 statement. The institute’s update said the move is in compliance with President Donald Trump’s executive order on the topic.  The president’s order…

Trump Calls For Special Counsel To Investigate 2020 Election As Texas Launches Separate Inquiry Into 2024 President Donald Trump on Friday called for a special prosecutor to investigate potential fraud in the 2020 US election.  “Zero Border crossings for the month for TRUMP, verses 60,000 for Sleepy, Crooked Joe Biden, a man who lost the 2020 Presidential…

IAEA Chief Warns UN Security Council That Strike On Iran’s Bushehr Plant Would Create Nuclear Disaster Update(1118ET): The head of the UN nuclear watchdog IAEA, Rafael Mariano Grossi, has issued fresh remarks before the Security Council on Friday, warning that Israeli strikes on Iran’s Bushehr nuclear power plant is where the consequences of an attack could be…

Schiff: Why Gold Is Still King Via SchiffGold.com, While gold has been used to hoard wealth since the beginning of history, many mainstream experts still deride it in favor of nearly any newly invented investment opportunity… Financial advisors only suggest that gold should make up under 10% of an individual’s portfolio. Independent individual investors, dark money, and…

US Truck Assemblies Hit An All Time High In May Trump wanted an industrial boom in the US and in May he got it. Last month, assemblies of trucks at US auto plants increased to the fastest pace in Federal Reserve data back to 1967, according to Bloomberg analysis. On the heels of two solid…

Los Angeles Dodgers Deny Federal Agents Access To Stadium Parking Lots Authored by Jackson Richman via The Epoch Times, The Los Angeles Dodgers said they denied Immigration and Customs Enforcement (ICE) officers access to the Dodger Stadium parking lots on June 19. In a post on social media platform X, the Major League Baseball team…

Europe Admits “Trump Is Right”, China Is The Problem As Beijing Unleashes Global EV Dump While Donald Trump has been warning about China’s mercenary, mercantilist trade practices for much of the past decade – ‘ripping us off’ and hollowing out the middle class – (and who facilitated that?), Europe and Latin America, who until recently were screaming…

Is The Dollar’s Death Greatly Exaggerated? Authored by Lance Roberts via RealInvestmentAdvice.com, The narrative surrounding the “dollar’s death” as the world’s reserve currency has been on the rise recently. However, this happens whenever the dollar declines relative to other currencies. We previously wrote about the false claims of the “dollar’s death” in 2023 (see here, here, and here). The recent decline in the dollar relative…

It can pay substantial dividends to follow the smart money billionaires in certain stocks. And while some hedge funds may get things wrong, I do think that investors should be on high alert if there are several big names plowing considerable sums into a handful of names. Indeed, second-quarter moves are due to be revealed…

USS Nimitz Carrier Strike Group Will Arrive In Mideast Waters This Weekend The USS Nimitz carrier strike group is en route to Middle East waters and is expected to arrive this weekend, a US official tells Fox news on Friday, after the carrier departed the South China Sea on Monday. This is the latest confirmation that the US Navy…

Oh, The Places You Will Go By Michael Every of Rabobank Oh, the places you’ll go You have brains in your head. You have feet in your shoes. You can steer yourself any direction you choose. You’re on your own. And you know what you know. And YOU are the guy who’ll decide where to…

Alarming Fox Report Says Tactical Nukes ‘Not Off The Table’ For Trump’s Iran Response We described earlier that the Pentagon’s Defense Threat Reduction Agency (DTRA) has reportedly informed American officials that destroying Iran’s heavily fortified Fordow nuclear facility might require the use of a nuclear weapon, based on The Guardian. Officials, briefed on the limitations of…

Did The Fed Just Predict A Recession For Later This Year? Authored by Mike Shedlock via MishTalk.com, The Fed does not “predict”, but its GDP projections say “yes”… Year-over-year GDP data from the BEA, chart by Mish. The Fed’s Summary of Economic Projections (SEP),shows its median fourth-quarter year-over GDP projection was 1.4 percent. “Projections of change in…

Texas Instruments Unveils Largest Foundational Chip Manufacturing Investment In U.S. History The Trump administration’s reshoring drive to rebuild U.S. supply chains (better known as “Make America Great Again”) —particularly in the tech sector—is set to unleash a powerful wave of domestic construction. UBS forecasts a construction boom beginning by spring 2026. Adding momentum to this…

Key Points in This Article: Quantum computing, using qubits for exponential processing power, is projected to grow from $1.3 billion in 2024 to $5.3 billion by 2029, attracting investors to its transformative potential. Pure-play quantum stocks have surged, but their high valuations and unprofitability pose significant risks compared to more stable alternatives. A tech giant’s…

Key Points in This Article: The Magnificent Seven, a group of tech giants driving the S&P 500 to 2025 highs, heavily influence the index due to their significant market-cap weightings, but Tesla’s (TSLA) declining stock value questions its place. Tesla’s market cap, now below Berkshire Hathaway’s, reflects its reduced impact amid revenue contraction and speculative…

Key Points The latest Social Security Trustees Report contained bad news about the program’s trust funds. Benefit cuts may now be on the table sooner than expected. It’s important to save well for retirement in case you don’t end up getting your Social Security checks in full. Are you ahead, or behind on retirement? SmartAsset’s free…

National Juneteenth Celebration A Dud As DEI Funding Disappears In June 2009 the Obama Administration officially designated the month of June as “Pride Month”, and with a snap of his fingers and billions of dollars in government subsidies, the concept slowly turned into a cultural plague, much like an annual flu that sticks around for…

CDC Advisers Ousted By RFK Jr. Voted On Vaccines Despite Conflicts Authored by Zachary Stieber via The Epoch Times (emphasis ours), Multiple people who until early June served on a federal vaccine advisory committee cast votes on vaccines despite receiving or recently receiving money from pharmaceutical companies that stood to be affected by the votes,…

Waller Puts In Bid For Next Fed Chair, Says Powell Should Cut “As Early As July” With tensions between Trump and Powell running at Israel-Iran levels, moments ago Fed Governor Christopher Waller put in a bid to become the next Fed (shadow) chair, and said the central bank can lower interest rates as soon as…

 Jensen Huang, CEO of Nvidia Corp. (NASDAQ: NVDA), told Fortune, “Some jobs will be obsolete, but many jobs are going to be created. … Whenever companies are more productive, they hire more people.” That puts him on one side of a raging debate about the future of artificial intelligence and its impact on humanity. Some…