Author: tyler durden

Despite Glitchy Start, DeSantis' Twitter Spaces Launch Showed Why He's A Contender The Ron DeSantis 2024 presidential campaign got off to a terrible start on Wednesday night, as Twitter glitched…

Oil Tumbles After Russia's Novak Signals No New Production Cut From OPEC+ It appears that OPEC's credibility is about to take a big hit. As we said earlier, following comments…

The Market Is Not The Economy: Germany Enters Recession With DAX At Record High The old mantra that 'the market is not the economy' has never been more true than…

Pending Home Sales Disappoints In April As Mortgage Rates Top 7.00% Existing home sales slumped in April while new home sales soared (thanks to heavy incentives and price cuts) and…

Ukrainian Intelligence Says It's Trying To Kill Putin Authored by Kyle Anzalone via AntiWar.com, The Ukrainian intelligence service says it’s attempting to kill Russian President Vladimir Putin. A high-ranking official…

Debt Talks Remain Stalled With X-Date Fast Approaching With the dreaded "X-Date" fast approaching, House Republicans and the White House remain at an impasse over how to raise the debt…

OPEC Credibility On The Line With Talk Of More "Ouching" By John Kemp, Reuters senior energy analyst Saudi Arabia’s energy minister has warned speculators to “watch out” - an implied…

Q1 GDP Revised Higher As Core PCE Comes In Hotter Than Expected In the second estimate of Q1 GDP, the BLS reported a that the US economy grew at an…

Initial Jobless Claims Rise After Massachusetts Fraud Revisions Initial jobless claims 'confused' last week, printing 229k (well below the 245k exp and the 242k prior). BUT, and it's a big…

Treasury Secretary Janet Yellen said on Wednesday that signs of market stress are beginning to emerge as the X-date draws closer, however, the Biden administration is not preparing for a…

Vanishing Demand Shows Why Dollar's Star Has Peaked Authored by Simon White, Bloomberg macro strategist, Dollar demand for trade, FX reserves and cross-border credit has remained weak despite lower prices,…

US Futures Jump Led By Record-Breaking Surge In Nvidia US equity futures are higher led by tech names after blowout earnings reported by Nvidia - which as Goldman reminds us…

Growing List Of Countries 'Ready' To Join F-16s For Ukraine Program Norway and Poland are the latest among an expanding list of NATO countries who say they are ready to…

Citigroup Projects $30 Silver In The Next 6-12 Months Via SchiffGold.com, Citigroup projects silver could rise to $30 an ounce in the next six months to a year. With silver…

EU Data Protection Fines Reach Record High In 2023 In 2023, approximately €1.6 billion in fines have been imposed so far due to violations of the General Data Protection Regulation…

IRS To Send Attachés Abroad To Fight Cybercrimes Authored by Jane Nguyen via The Epoch Times (emphasis ours), The Internal Revenue Service’s (IRS) Criminal Investigation (CI) unit will launch a…

Major Disruption Hits Top South African Container Port As Economic Crisis Worsens The economic crisis in South Africa worsened this year, with rolling power blackouts contributing to much of the…

Germany Is Turning Against The EU's Green New Deal, Common Sense To The Forefront Authored by Mike Shedlock via MishTalk.com, Fresh on the heels of a sensible request by France…

America's Largest Aircraft Carrier Docks In Norway For Joint Drills The US and its NATO partner Norway mounted a show of force aimed at Russia in the North Sea this…

Tough New Hate Crime Law Has Irish Fearful Their Luck's Running Out On Free Speech Authored by S.A. McCarthy via RealClear Wire, Ireland is on the verge of passing the…

Finnish Nuclear Plant Throttles Output After Electricity Prices "Become Too Cheap" As we detailed in early May, the transition from testing to regular output last month saw Finland's first nuclear…

France Bans Short-Haul Domestic Flights Despite Widespread Criticism Authored by Thomas Brooke via Remix News, Travelers will now be forced to use rail alternatives as France seeks to reduce its…

Vessel Stuck In Egypt's Suez Canal Leth Shipping Agency posted on Twitter that a ship had become stuck in the Suez Canal in Egypt. The canal is one of the…

Escobar: The Inside Story Of Russia-Iran-India Connectivity Authored by Pepe Escobar via The Cradle, The G7 is stupefied by the dynamic progress of the multipolar order embodied by the Russian-led…