US Home Prices Plunge For 4th Straight Month In June Home prices in America’s 20 largest cities fell for the 4th straight month in June (the latest data available from S&P CoreLogic’s Case-Shiller data released this morning). The 0.25% MoM drop was larger than expected and dragged the YoY price growth down to +2.15% – the weakest since July 2023… Source: Bloomberg “June’s results mark the continuation of a decisive […]

Trump Threatens Tariffs For Nations With Digital Taxes On US Tech Authored by Aldgra Fredly via The Epoch Times, President Donald Trump on Aug. 25 threatened to restrict the export of U.S. advanced technologies like chips and impose additional tariffs on countries that refuse to eliminate digital regulations discriminating against U.S. tech companies. In a Truth Social post, Trump opposed other nation’s digital taxes and […]

Core Durable Goods Orders Rise At Fastest Annual Rate in 3 Years Amid chaotic swings MoM driven by the variability of Boeing plane orders, analysts expected preliminary July data to show a 3.8% MoM decline (following June’s big plunge, following May’s big surge). The good news is that the actualk print was better than expected (-2.8% MoM) but still in the red for headline orders. This dragged down the YoY headline growth to 3.5% as […]

Futures Slide, Curve Steepens After Trump Fires Fed’s Cook US equity futures are a tad lower as the yield curve twists steeper with 5Y yields flat, after Trump moves to fire the Fed’s Cook, sending the USD is weaker. A showdown looms with Cook saying that Trump has no authority to oust her and that she will not quit (previously the SCOTUS indicated that the Fed Governors could not be fired at-will but if it does decide that Trump […]

Fed Governor Cook Hires Hunter Biden’s Lawyer As Trump ‘Firing’ Puts Powell Back In The Hot Seat Update (0830ET): Mainstream media is abuzz this morning with the news of Trump’s firing of Fed Governor Cook over her alleged mortgage cheating. Given that she has apparently refused to leave, this puts The Fed (and in particular Chair Powell) in an awkward position. As Jim Bianco explains in a brief post on X:  If they allow her to […]

The Gauntlet Of Fed Chair Powell Authored by Tuomas Malinen via Substack, Chairman of the Federal Reserve Jerome Powell signaled a September rate cut in his speech in Jackson Hole on Friday. During the past decade or so, the annual meeting of the most powerful central bankers in Jackson Hole has turned from something we (macro)economists looked forward to into a ‘snake pit’ of central bank policy. Back in the day, we looked […]

Outage At Largest U.S. In-Land Refinery Sends Pump Prices Soaring In Midwest BP’s 435k-bpd refinery in Whiting, Indiana, suffered a major outage that is expected to be resolved this week. The timing comes just ahead of a busy travel holiday weekend, with pump prices in states including Ohio, Wisconsin, and Michigan jumping on Monday. Prices in those states are likely to remain elevated through the weekend. The Whiting refinery, […]

Excessive Money Supply Growth Creates Secular Stagnation Authored by Daniel Lacalle, Most economic commentators ignore monetary aggregates and the negative effects on growth and investment of the constant increase in government spending. However, the reality is that we live in a world where the economic impact of new units of currency is diminishing and generating negative results in many cases. In developed economies, anemic […]

What Climate Crisis? Weather Channel Reports “Record-Breaking Cold” For August  It must be extraordinarily difficult for leftist corporate media outlets and woke government weather forecasters to admit “record-breaking cold temperatures” or “unseasonably cool air” across parts of the Lower 48 – in August of all months.  August is the prime season when far-left climate NGOs and their political allies, amplified by their MSM […]

Why The IEA Reinstated Its “Business As Usual” Scenario Authored by Haley Zaremba via OilPrice.com, The IEA has reversed course by reintroducing the “Current Policies Scenario” in its flagship World Energy Outlook, marking a significant policy shift. The debate highlights the inherent subjectivity of data in energy modeling and the political stakes tied to forecasting fossil fuel demand. U.S. political leaders and […]

Trump Family Went Pro-Crypto After Biden ‘Weaponized’ Banks Eric Trump, son of US President Donald Trump, said the family became pro-crypto after they were “debanked” in the aftermath of the Capitol attack incident in early 2021. Several banks shut down hundreds of bank accounts related to the Trump Organization without providing a reason, Trump told The Wall Street Journal, which led to the group having to rely on regional […]

Nuclear War, Volcanos, & Trump’s New $500 Note; Martin Armstrong Says Gold Is Going Much Higher Via Greg Hunter’s USAWatchdog.com, Five weeks ago, legendary financial and geopolitical cycle analyst Martin Armstrong warned his “Socrates” predictive computer program showed a “100% Chance of Nuclear War.”  After that, Trump was able to get Putin to Alaska to start meaningful peace talks between Russia and Ukraine.  […]

Roblox Accused Of Enabling Predator Who Exploited 10-Year-Old Girl A North Carolina mother is suing Roblox, accusing the gaming platform of enabling a predator to sexually exploit her 10-year-old daughter.  The lawsuit, filed in state court, claims Roblox knowingly fostered a “pedophile hellscape” despite marketing itself as safe for children. The girl, referred to as Jane Doe N.L., allegedly endured “unimaginable harm” […]

Data Center Operators Rush To Secure Gas Connections In The UK Authored by Irina Slav via OilPrice.com, Data center developers in the UK are scrambling to get their facilities hooked to gas-fired generation capacity, the Financial Times has reported, citing five such projects planned for southern England. “The national gas transmission network is ready to play a key role in facilitating this critical investment today while […]

U.S. Bars China, Russia, Iran From Undersea Cable Supply Chains The U.S. government is overhauling undersea cable rules for the first time since 2001, tightening restrictions to keep companies linked to adversaries such as China, Russia, and Iran out of the supply chain, according to Nikkei Asia. The Federal Communications Commission (FCC) approved proposed rules that bar adversary-based firms from working on U.S.-owned undersea […]

Zelensky Wants EU To Provide $1BN Monthly Allowance To Fuel War Against Russia Via The Cradle Ukrainian President Volodymyr Zelensky stated Monday that Kiev plans to secure at least $1 billion monthly from European nations to purchase US weapons to continue his war against Russia. Zelensky made the comment while speaking alongside Norwegian Prime Minister Jonas Gahr Store during a press conference in the Ukrainian capital. […]

Wild Theories Abound Over Gigantic “Comet” Careening Through Our Solar System In The Fall Authored by Michael Snyder via TheMostImportantNews.com, A colossal interstellar space rock that was originally known as “A11pl3Z” but has since been given the designation “3I/ATLAS” will be making a very alarming run through our solar system in September and October.  Based on their initial observations, scientists estimated that […]

Watch: Stolen Car Suspect Stops To Pump Gas Mid-Police Chase In LA A man in a reportedly stolen blue Infiniti led California police on a 100 MPH chase Friday, stopping mid-pursuit to pump gas, KABC reported. Video showed him at a Shell station in Wilshire, Los Angeles, nervously fueling up with his shirt pulled over his face, according to the New York Post. A motorcyclist at the next pump seemed unaware of the drama. “He […]

US Fighters Intercept Russian Aircraft Off Alaska 3 Times In A Week: NORAD Authored by Jack Phillips via The Epoch Times, U.S. fighter jets were scrambled for a third time in less than a week on Aug. 24 to intercept Russian military planes flying near Alaska, the North American Aerospace Defense Command (NORAD) said in a statement. On Sunday evening, NORAD confirmed that it detected and tracked a Russian IL-20 COOT surveillance […]

Expect Louder Clemency Pleas As Trump Admin Begins Tackling CDL Crisis Submitted via American Truckers United,  A Change.org petition, initiated by “Collective Punjabi youth,” has surged to over 2.3 million signatures, imploring Florida Governor Ron DeSantis to grant clemency to Harjinder Singh. Support has poured in from everywhere but the United States, with most signatures originating from India and the global Punjabi […]

Trump Plans To Block Offshore Wind Farm Project Near Biden’s Beach House  President Trump’s war on unreliable green energy is shifting into high gear, with the administration now targeting a massive offshore wind project planned off the coast of Maryland, according to Bloomberg. The move comes just days after the White House halted construction on an offshore wind farm off Rhode Island over unresolved national security concerns – […]

Why More Farmers Are Turning To AI Machines Authored by Autumn Spredemann via The Epoch Times, Artificial intelligence-powered harvesters, drones, and precision farming systems are quickly entering the mainstream of American agriculture. At its core, the technology promises efficiency and sustainability and carries a potential solution to a decades-old farming problem: the need for physical labor. As the capabilities of robotics […]

First Human Case Of Flesh-Eating Screwworm Detected In Sanctuary State Of Maryland  The U.S. Department of Health and Human Services (HHS) reported the first human case of travel-associated New World screwworm in Maryland after a “patient” returned from El Salvador, according to Reuters, citing HHS spokesman Andrew G. Nixon. Details about the patient’s immigration status were not released, though it’s worth noting that Maryland is […]

The Student Debt Racket Authored by Derek Foster via Mises.org, The student debt crisis isn’t a natural market phenomenon; it’s the predictable result of decades of government interference. Since 1980, average tuition and fees have increased by 1,200 percent, while consumer price inflation has risen only 236 percent over the same period. This massive increase has left students and families struggling to keep up, often forcing […]

Starship Megarocket “Scrubbed” On Second Launch Attempt Due To Weather  Update (Monday):  Scrubbed.  Standing down from today’s flight test attempt due to weather. Starship team is determining the next best available opportunity to fly — SpaceX (@SpaceX) August 26, 2025 .  .  .  Update (Monday):  Just one day after the tenth Starship flight was delayed due to a ground-systems troubleshooting issue, the countdown […]