Surviving Crew Members Kidnapped By Houthis After Greek-Owned Cargo Ship Attacked Update(1505ET): Things have gone from bad to worse regarding the situation of the Greek-owned cargo ship Eternity C, which was sunk in a deadly Houthi raid. The missing mariners aboard the ship are now confirmed kidnapped, after at least four were killed. The US embassy accused Yemen’s Iran-backed militants Wednesday of kidnapping crew members from […]

Waste Of The Day: Puerto Rico, Guam, Others In Debt Authored by Jeremy Portnoy via RealClearWire, Topline: The five inhabited U.S. territories are collectively $57.8 billion in debt and have issues with their financial statements that “can lead to poor financial decisions and lost access to capital markets,” according to a new report from the Government Accountability Office. Key facts: The GAO suggested that the territories […]

Trump Says BRICS Members Will Get Additional 10% Tariffs Over De-Dollarization Attempt Authored by Lily Zhou via The Epoch Times, President Donald Trump on Tuesday reiterated a previous warning to BRICS nations that he would be imposing an additional 10 percent tariff on them, saying the bloc was created to replace the U.S. dollar as the dominant currency for international trade. Speaking to journalists during a meeting with […]

FOMC Minutes Show ‘Divided’ Fed Fears Stagflation, Clueless On Actual Tariff Impact Since the last FOMC meeting (June 18th), which saw a hawkish tilt to the dots (with Fed members notably divided – nearly as many participants anticipated no rate cuts this year as expected two), we have seen stronger-than-expected jobs data, constant diatribes from the president that ‘too late’ Powell should be cutting rates, and some tariff […]

Have Markets Lost Faith In The Fed’s Reaction Function? Authored by Robert Burrows via BondVigilantes.com, Markets are once again high on ‘hopium’. Despite a still-strong labour market, sticky inflation, and an economy that refuses to roll over, rate cut bets have surged back into vogue. The Federal Reserve might be saying “higher for longer,” but investors are dancing to a different beat. Why is the market so convinced […]

‘We’re Impressed’: Zelensky Now Sings Trump’s Praises & CIA Director Breathes Sigh Of Relief “They have to be able to defend themselves,” Trump said Monday, offering confirmation of his weapons to Ukraine policy U-turn. “They’re getting hit very hard. … We’re gonna have to send more weapons.” A presidential aide to Volodymyr Zelensky has offered new insight into how Trump’s reversal came about, especially related to his […]

BioSig, Streamex Target Gold Tokenization With $1.1B Financing Authored by Christopher Tepedino via CoinTelegraph.com, BioSig and Streamex have secured $1.1 billion in growth financing to support their pivot into onchain commodities, starting with gold. The companies, which signed a letter of intent to merge on May 5, say the funding will help establish a gold-backed treasury business focused on tokenized financial […]

Trump Weighs Federal Control Of D.C., Citing Urgent Need To Restore Law & Order Under the leadership of failed progressives, parts of Washington, D.C., have transformed into crime-infested hellholes, hardly the image the United States wants to project to the world from its capital. The Trump administration sees an urgent need to restore law and order and is now weighing a direct federal intervention.  “We could run D.C.—I […]

Biden’s White House Doctor Invokes 5th Amendment, Refuses To Answer House GOP Questions After requesting to delay his testimony, Kevin O’Connor – former President Biden’s White House doctor, refused to answer questions during a deposition in front of the House Oversight and Government Reform Committee on Wednesday, according to a statement from his legal counsel that cites doctor-patient privilege and constitutional […]

Ex-CIA Boss John Brennan, Ex-FBI Boss James Comey Under Criminal Investigation Authored by Ken Silva via Headline USA, Fox News Digital reported Tuesday that former CIA Director John Brennan and former FBI Director James Comey are both under investigation by the Justice Department for their roles in the politicized and fruitless Russiagate investigation, as well as for making false statements to Congress. “CIA Director […]

Putin Sends Message To US With Record 700+ Drones, Missiles On Ukraine Overnight President Putin continues playing hardball and sending tough signals in the face of Trump administration criticisms, and after on Monday the White House confirmed it is reversing course on its recent pause on weapons to Ukraine, as it will instead send more. Russia overnight launched an unprecedented 728 Shahed drones as well as decoy drones, […]

Linda Yaccarino Steps Down As CEO Of X Linda Yaccarino announced on Wednesday that she’s stepping down as CEO of X, offering little in the way of an explanation. After two incredible years, I’ve decided to step down as CEO of 𝕏. When @elonmusk and I first spoke of his vision for X, I knew it would be the opportunity of a lifetime to carry out the extraordinary mission of this company. I’m immensely grateful to him for […]

WTI Slides After Biggest Crude Build Since January Oil prices are down this morning as signs of a large gain in US crude stockpiles undermined comments by the United Arab Emirates and Saudi Arabia about tight market conditions. In the US, API reported overnight that crude inventories rose 7.1 million barrels last week. That would be the largest increase since January if confirmed by government data due later on Wednesday. The […]

Donald Copperfield By Michael Every of Rabobank “As I think I told you once before,” said I, “it is you who have been, in your greed and cunning, against all the world. It may be profitable to you to reflect, in future, that there never were greed and cunning in the world yet, that did not do too much, and overreach themselves. It is as certain as death.” – David Copperfield, Charles Dickens Following the initial 14 trade […]

Federal Crackdown Puts Harvard’s Accreditation Status In Jeopardy The Trump administration has significantly escalated its confrontation with Harvard University, warning that the institution may face the loss of its accreditation and moving to compel the university to release records related to its foreign student population. In coordinated actions on Monday, the Department of Education and the Department of Health and Human […]

Retail Drives Nvidia To Become World’s First $4 Trillion Market Cap Company For the first time ever, a company has achieved a market capitalization of $4 trillion. And that company is none other than Nvidia… Source: Bloomberg After plunging by over $1 trillion during the Liberation Day chaos (and DeepSeek), NVDA has soared back by over $1.5 trillion from the May lows to reach a 4 handle for the first time, surging past MSFT. […]

“Unprepared And Entitled”: College Grads Unpopular With Hiring Managers, Survey Finds Authored by Seth Rosevear via The College Fix, A recent survey from Intelligent found that “1 in 4 hiring managers say recent grads are unprepared for the workforce” and “1 in 8 managers [are] planning to avoid hiring them in 2025.” The main reasons for this are lack of preparation, a so-so work ethic, and a sense of entitlement among […]

Watch: Investigative Journalist Explains Why Epstein Case Will Never Progress… Authored by Steve Watson via Modernity.news, Journalist Nick Bryant notes in this viral clip from the Shawn Ryan podcast that the Jeffrey Epstein case is being covered up by the federal government and will never progress because it would destroy their entire operational system. “Epstein had cameras in all of his homes. Epstein was definitely a […]

Trump Admin Walks Back Amnesty Suggestions, Says Mass Deportations Will Continue Update: Trump himself has commented, saying “We’re going to give the farmers the people they need, but we’re not talking amnesty.” President Trump: “There’s NO amnesty.” pic.twitter.com/jK1JrrZC6x — TheBlaze (@theblaze) July 8, 2025 *  *  * As Modernity.news’ Steve Watson detailed earlier, in the face of growing criticism from the MAGA […]

Futures Rise With Trump Tariff Updates, FOMC Minutes On Deck US equity futures inch higher as the market tries to regain some losses a day after President Donald Trump escalated his trade rhetoric and threatened more charges on copper and pharmaceuticals. Trump also foreshadowed an update to the trade status, saying he “will be releasing a minimum of 7 Countries having to do with trade” on Wednesday morning and with an additional […]

Texas AG Issues Warning On Scammers Targeting Flood Victims Authored by Jack Phillips via The Epoch Times (emphasis ours), Texas Attorney General Ken Paxton warned that scammers are targeting people by taking advantage of the flooding disaster in the central part of that state, which has left more than 100 people dead. Flooding caused by a flash flood at the Guadalupe River in Kerrville, Texas, on July 5, 2025. Ronaldo Schemidt/AFP […]

Meta Takes $3.5 Billion Stake In EssilorLuxottica To Accelerate AI Smart Glasses Push Meta Platforms has reportedly acquired a nearly 3% stake in EssilorLuxottica (ESLX)—the world’s largest eyewear maker and parent company of Ray-Ban and Oakley—in a deal valued at $3.5 billion, according to Bloomberg. Sources indicate that Meta may increase its stake to 5% over time. The move aligns with CEO Mark Zuckerberg’s long-standing […]

China’s Mysterious “Bohai Sea Monster” Spotted For First Time China’s mysterious “Bohai Sea Monster” wing-in-ground effect (WIG) craft has been seen in full for the first time, according to a report. Via Naval News The Ekranoplan, which is a special ultra-low flying aircraft made up of features from ships, airplanes, and hovercraft, was first spotted in the northwest area of the Yellow Sea, by submarine warfare expert HI […]

Trump’s Truth Social Files S-1 For ‘Crypto Blue Chip’ ETF Authored by Stephen Katte via CoinTelegraph.com, The US Securities and Exchange Commission has accepted Trump Media’s application for a Bitcoin and Ethereum exchange-traded fund, starting the clock for the agency to approve or reject the proposed fund.  The ETF proposes offering investors exposure to Bitcoin and Ether through shares listed on NYSE Arca backed by the […]

“They Were Child Porn. They Will Never Be Released”: Trump & Bondi Punt On Epstein Questions President Donald Trump and AG Pam Bondi completely punted over a question over Jeffrey Epstein during Tuesday’s televised cabinet meeting.  Reporter: “Your memo and release yesterday on Jeffrey Epstein – it left some lingering mysteries. I guess one is whether he ever worked for an American or foreign intelligence agency. The […]