Trump Announces Expansion Of TrumpRx With 600 New Generic Drugs Via American Greatness, President Donald Trump announced Monday that the administration is dramatically expanding the number of medications available through TrumpRx.gov, adding more than 600 generic drugs in what the White House described as another push to lower prescription costs for Americans. Trump unveiled the expansion during remarks at the Eisenhower […]

Chaos Erupts In Bolivia As Socialists Unleash General Strikes And Riots Socialists in Bolivia, mobilized through the national labor union, highland farmer federations, and supporters of former left-wing President Evo Morales, have ignited social unrest over the U.S.-backed, market-oriented policy agenda of President Rodrigo Paz. The turmoil comes as the Trump administration seeks to shift the Americas away from socialist regimes […]

Americans Are Getting Behind On Their Debts At A Very Frightening Pace Authored by Michael Snyder via The Economic Collapse blog, U.S. households are now 18.79 trillion dollars in debt. In 1980, U.S. households were just 1.4 trillion dollars in debt. Over the past several decades we have witnessed a household debt binge that is unlike anything that we have ever witnessed in our entire history. But if consumers could handle that […]

Memorial Day Gas Demand Surge Collides With Hormuz Shock As $5 Demand-Destruction Line Nears Drivers heading into Memorial Day weekend are set to face some of the highest regular gasoline prices at the pump in years. With the U.S. national average sitting at $4.53 per gallon (according to AAA data) and no resolution yet on a U.S.-Iran peace deal or the reopening of the Strait of Hormuz, pump prices risk rising even higher into […]

Third Iran-Linked ‘Shadow Fleet’ Tanker Seized By US Navy Off South Asia Update(1500ET): A WSJ report Tuesday afternoon has revealed that the US seized an “Iran-linked ship” in the Indian Ocean overnight, which had not previously been revealed, at a moment President Trump is threatening to resume airstrikes on Iran, but has given a few more ‘days’ for Tehran to come to the table. “The tanker, called Skywave, was sanctioned by the […]

Nigeria Needs New Export Markets As UAE’s Exit Rattles OPEC By Tsvetana Paraskova of Oilprice.com Nigeria should market its crude oil to new buyers as the UAE’s decision to leave OPEC is dislocating the balance that the cartel and the OPEC+ group have been seeking for years, according to Wole Ogunsanya, chairman of the Petroleum Technology Association of Nigeria (PETAN). The official urged Nigeria’s state oil and gas firm […]

The Democrats Are About To Destroy John Fetterman John Fetterman has become the most interesting politician in America, and the Democratic Party’s most uncomfortable mirror. His willingness to speak honestly, vote his conscience, and refuse to define himself purely in opposition to President Donald Trump has made him a hero to some and a traitor to others.  Back in March, he declared the party had no real leader except Trump […]

Today’s The Day… Will Massie Be Ousted? Today, voters in Georgia, Kentucky, Alabama, Oregon, Pennsylvania, and Idaho head to the polls for several primary elections that will affect key gubernatorial, House, Senate, and statewide contests ahead of the November midterms.  The Epoch Times’ Jackson Richman gives us the lay of the land (emphasis, charts, clips and any snark – ours…);  Kentucky There are a few competitive […]

Iran’s Floating Oil Stockpile Jumps 65% As U.S. Naval Blockade Bites By Charles Kennedy of OilPrice.com The volumes of Iranian oil stored at tankers in and around the Strait of Hormuz have jumped in recent weeks as Iran considers ways to circumvent the U.S. blockade in the Gulf of Oman aimed at choking Iranian oil exports. The number of tankers laden with crude but sitting in the Persian Gulf and near the Strait of Hormuz has […]

Shooters And Motives Revealed In San Diego Mosque Shooting That Killed Three The two young alleged gunmen who descended upon a San Diego Islamic facility on Monday — killing three men and themselves — have been identified, along with early indications of their motives. Police sources have told multiple outlets that 17-year-old Cain Clark and 18-year-old Caleb Velasquez — driven by hate — scrawled racist themes on their weapons […]

Iran Now Has More Incentive To Resist US Demands, Even If War Restarts: Israeli Think Tank At this point even hawkish Israeli think tank pundits are increasingly admitting that Iran currently has certain leverage and an edge when it comes to dealing with the United States, and the so far stalled and failed peace talks to end the war. President Trump has just described that he called off planned renewed airstrikes on Iran, at the […]

New York Governor Signs Bills To Preserve Mandatory Vaccines Authored by Zachary Stieber via The Epoch Times, New York Gov. Kathy Hochul has signed legislation to preserve vaccine requirements for children. Hochul, on May 15, signed two bills that decouple New York’s vaccine requirements from the federal government, after the Trump administration rolled back recommendations for hepatitis B and other vaccines. “When public […]

Flatbed Truck Rates Hit New Highs As These Drivers Fuel Boom Flatbed trucking conditions have never looked stronger, with spot rates surging to record highs amid a mix of tightening capacity and rising industrial freight demand. “Flatbed trucking rates have hit a new all-time high as industrial demand and a crackdown on bad actors continue to shape trucking economics,” said FreightWaves founder Craig Fuller. Fuller added, “It is […]

US Dept Of War Suspends Permanent Joint Board On Defense With Canada Authored by ‘sundance’ via The Last Refuge, Remarkably, many news articles are citing confusion in trying to understand why U.S. Undersecretary of War, Elbridge Colby, announced the suspension of U.S. participation in the Permanent Joint Board on Defense with Canada. However, the announcement comes immediately after his meeting with U.S. ambassador to Canada, […]

Nickel Jumps As Indonesian Output Cut Stokes Supply Fears Nickel prices on the London Metal Exchange surged as much as 2.6% to $19,050 a ton after Shanghai Metals Market said upwards of 15% of high-grade nickel pig iron capacity at Indonesia’s Weda Bay Industrial Park will undergo rotational maintenance in the coming months, according to Bloomberg. Indonesia’s Weda Bay Industrial Park is one of the most important nickel-processing […]

Supreme Court Directs Lower Courts To Reexamine Decisions In Voting Rights Act Cases Authored by Matthew Vadum via The Epoch Times, The U.S. Supreme Court on May 18 ordered lower courts to reconsider rulings in two redistricting cases that concern whether private individuals may sue to enforce a federal law that bans discriminatory voting practices. The court directed the lower courts to take another look at the cases from […]

Berkshire Trolls The AI Bubble By Buying Macy’s Submitted by QTR’s Fringe Finance For the better part of the last year, Wall Street has behaved like a teenager who just discovered Red Bull and leverage at the same time. Anything remotely tied to artificial intelligence has soared into the financial stratosphere. Startups with no revenue, no profits, and occasionally no actual product are raising millions or billions because […]

“Door Of Doom” Looms As 30 Year Yield Soars To 19 Year High After Two Huge Treasury Block Sales Bond yields continued to move sharply higher today, driven in large part by the aggressive repricing in the oil strip as markets (finally) price in a lengthy disruption to Hormuz traffic which has pushed year-end prices higher by about $12 in the past month. The result has been a spike across virtually all tenors: *US 2-YEAR YIELD […]

“Stop Hiring Humans” Billboards Are Appearing In US Cities… Authored by Steve Watson via Modernity.news, “Stop Hiring Humans.” Those words are now plastered on billboards from San Francisco to New York City, courtesy of a San Francisco-based startup pushing virtual AI sales representatives. The company, Artisan, markets AI agents that handle outbound sales tasks like lead generation, cold emailing, list-building, and […]

“Cautious Optimism”: US Pending Home Sales Rise For 3rd Straight Month In April Pending home sales were expected to rise for the third straight month in April (after crashing to record lows to end last year) as mortgage rates stabilized amid war worries, and they did, rising 1.4% MoM (better than the 1.0% expected) with March’s gains revised higher too. Source: Bloomberg This left pending home sales up 3.35% YoY – the best […]

Striking By Bas van Geffen, senior macro strategist at Rabobank Striking Trump said that he had delayed a planned military strike on Tuesday, at the request of Qatar, Saudia Arabia, and the UAE. According to Trump, the leaders of the Gulf states had asked the US to call off the attack because “serious negotiations are now taking place,” which could lead to a deal that is acceptable to the US and its Middle Eastern allies. In […]

Pentagon Urged No Resumption Of Strikes As Iran Grew More Effective Tracking US Air Ops: NYT President Trump had on Monday announced he agreed to pause planned Iran strikes, which were supposedly going to resume Tuesday, because UAE & Saudi Arabia asked him to as they said the sides are getting close to a deal. However, Pentagon officials have told The New York Times they urged halting of strikes because of intelligence shows […]

Futures Fall As Momentum Cracks Grow With Yields And Oil Higher US equity futures are lower, set for a 3rd drop in a row, as traders waited for futile signs of progress toward a peace deal in the Middle East. and as tech and small cap stocks reacted adversely to higher bond yields around the globe, but nowhere more so than in Japan, where many tenors are trading at record lows, as the wheels have fully come off the clown bus, aka […]

Standard Chartered To Replace “Lower-Value Human Capital” With AI As Meta Layoff D-Day Nears The white-collar job-loss apocalypse, accelerated by AI, is increasingly concentrated in repetitive, data-intensive, and digitally native roles, with tech firms announcing layoffs one after another. While ‘D-Day’ for Meta layoffs is Wednesday morning, the London-headquartered international bank Standard Chartered announced on Tuesday plans […]

BBC’s Former News Director Says Trans-Bias & ‘Progressive Madness’ Drove Her Out Authored by Steve Watson via Modernity.news, The BBC’s grip on impartiality continues to slip as one of its former top news executives publicly confirmed what critics have long argued: activist capture from within has turned the state broadcaster into a vehicle for narrow ideological agendas. Fran Unsworth, director of BBC News from 2018 to […]