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Trump Admin Asks Supreme Court To Unblock New Mail-Ballot Rules Before States Start Mailing Authored by Matthew Vadum via The Epoch Times, The Trump administration asked the U.S. Supreme Court on Sept. 3 to allow the government to begin implementing a regulation that tightens…
Enes Kanter Freedom Files Lawsuit After Chicago Sky Ejection, Ban Authored by Timothy Frudd via The Epoch Times, Former NBA player Enes Kanter Freedom filed a lawsuit on Sept. 3 after he was ejected during a Women's National Basketball Association (WNBA) game and banned from…
"Apathy, Caution, And Chagrin": UBS Sours On Consumer Stocks The Street's mood toward US retail has been described by UBS analysts as "apathy, caution, and chagrin." "Investors are engaged, but not necessarily enthusiastic. They remain interested, but increasingly selective.…
Bitcoin-Gold Correlation Hits Six-Year High As Debasement Fears Mount Authored by Mathew Di Salvo via BitcoinMagazine.com, Bitcoin’s correlation with gold is at its highest in six years as investors increasingly look for ways to hedge against currency debasement. …
Chinese Rare-Earth Suppliers Halt US Shipments As Decoupling Fears Surge The scenario we viewed as inevitable appears to be materializing, validating our decision to intensify coverage of the US-China decoupling theme and the Western-aligned miners positioned to supply the West…
Russia Tries To Assassinate Ukraine's SBU Chief With Unprecedented Drone Attack On Kyiv HQ The Kremlin has long previewed that its next escalation step against Ukraine would be to start attacking 'decision-making centers', or headquarters and government buildings. That moment…
US Diesel Pump Prices Hit Record As Global Refined-Products Crisis Threatens Industrial Economy Goldman explained this week that Gulf oil exports had recovered to between 15 million and 16 million barrels per day, roughly two-thirds of prewar levels, with the rise of dark tanker…
"We Have The Receipts": Bartiromo Denies Fox Firing Update (1155ET): New details are rolling in about the Bartiromo situation - as the anchor is denying reports that she was fired from the station. According to The Hollywood Reporter: Bartiromo, who is now repped by Bryan…
Tesla's Cybercab Debut Falls Flat As NHTSA Opens Probe Tesla’s long awaited Cybercab finally hit the streets of Austin yesterday, and the debut was something of a dud. For a product Elon Musk has positioned as central to Tesla’s future, the rollout was remarkably subdued. There…
Mistrial Formally Declared In Lindsay Clancy Murder Trial After State Supremes Refuse Stay Update (1505ET): The Massachusetts Supreme Judicial Court denied an emergency stay Friday afternoon in the Lindsay Clancy case, after which the judge formally declared a mistrial. JUST IN…
World's Largest Sovereign Wealth Fund Cuts Treasury Holdings... But It's Not What You Think The headlines are running rampant this morning as the world's largest (and most transparent) sovereign wealth fund - Norway's Government Pension Fund - has proposed reducing the amount of…
Putin Says There's A Chance Of Ukraine Peace Deal, Wants To Restore Full US Relations Authored by Guy Birchall via The Epoch Times, Russian President Vladimir Putin said on Sept. 3 that there was "a chance" of achieving peace with Ukraine and expressed a desire to rekindle…
The Rush To Pull Gold Out Of The US Submitted by QTR's Fringe Finance It was reported yesterday that the Netherlands just shifted approximately 86 tonnes of its gold reserves from New York and Ottawa to London, explicitly citing “increasing geopolitical unrest” and the need to…
Rabobank: "The World As We Knew It No Longer Exists" Via Rabobank, As we move towards the end of another trading week, most action was again dominated by the now ubiquitous market bugbear of geopolitics. Central banks are trying to reassert themselves, but under that shadow, and…
Bessent Announces EU 'Officially Joined' Operation Economic Outcast Against Iran US Treasury Secretary Scott Bessent announced on X Friday that the EU has "officially joined" Operation Economic Outcast, the sweeping US sanctions campaign to cut Iran out of the international…
'Good News Is Bad News': Big Jobs Beats Sends Rate-HIKE Odds Soaring; Batters Bonds, Stocks, Gold A four standard deviation beat for non-farm payrolls this morning (good news) is triggering ugly reactions (bad news) across markets with rate-hike odds for September ripping back…
Labor Shock: US Adds 162K Jobs In August, 4-Sigma Beat And Above Highest Forecast In our jobs report preview we quoted JPM's Market Intel desk which said that today's August payrolls number will be a case of "good news is bad news", and sure enough futures are sliding and…
Futures, Yields Flat Ahead Of August Jobs Report US futures are choppy, trading between unchanged and modestly higher, ahead of today's jobs report which sees a modest increase in August payrolls (but the risk is for another negative print, see our preview here). As of 8:00am…
Spain Gasses Its Own People; Police Probe Migrant/Soros NGO Acid Buys In Ceuta Authored by Steve Watson via Modernity News, Spanish National Police have been examining a bulk purchase of hydrochloric acid and aluminium foil in Ceuta after supermarket staff flagged a large group…
GE Vernova Finds Its Footing In Sweden With Studsvik After Loss To Rolls Royce Swedish nuclear life-cycle services company, Studsvik AB, announced an agreement with GE Vernova Hitachi (GVH) and Samsung C&T for 1.2 GW of new nuclear energy in Sweden. Project developer Studsvik…
Lululemon Crashes After Another Brutal Guidance Cut; Jefferies Flags "Triple Whammy" Quarter Lululemon Athletica shares crashed in premarket trading in New York after the athletic-apparel retailer slashed its full-year outlook again, suggesting that demand in the Americas is…
The Rising Cost Of Electricity In The United States Across the U.S., Americans are paying roughly 30% more for electricity than in 2020. This graphic, via Visual Capitalist's Cody Good in partnership with the National Public Utilities Council, uses data from the U.S. Energy…
Hormuz Disruptions Could Drag Into Next Year, Japanese Tanker Giant Warns Submitted by Tsvetana Paraskova of OilPrice.com, Japan’s Mitsui OSK Lines, the world’s largest tanker operator, expects the shipping disruptions at the Strait of Hormuz to continue for longer than…
Ukrainian Sea Drone Destroys Russian Ship Vital To CPC Oil Repairs Tit-for-tat attacks on commercial vessels in the Black Sea as well as Sea of Azov have been raging all summer, but Ukrainian forces are now strategically going after smaller ships which yet play an outsized role…
Finnish President Just Made Some Surprisingly Frank Comments About Russia Authored by Andrew Korybko, He argued that it’s not plotting to test NATO’s resolve, its resilience to immense hardships “should never be underestimated”, suggested that the conflict will end without…
Ferrari's Hybrid Hangover: Collectors Stampede Into Legacy V8s And V12s Exotic-car collectors continue to shun hybrid Ferraris (Read May's sportscar report) in favor of legacy V8 and V12 petrol-powered models, pushing used-car values sharply higher. One possible driver is…
Russia's Oil Revenue Sinks As Urals Falls To $59 Submitted by Julianne Geiger of OilPrice.com Russia collected 326.2 billion rubles, or about $3.76 billion, in net oil revenue in August, down 22% from a year earlier and the lowest monthly total since February. Russia’s tax…
Grain That Feeds Half The World Set For Biggest Annual Gain Since 2003 Chicago rice futures are on track for their largest annual gain since 2003 as the grain that feeds much of the world becomes increasingly expensive amid an intensifying El Niño and diesel-fuel and fertilizer…
Germany's Anti-Immigration AfD Party Reaches Record Support Days Before Pivotal State Election Via Remix News, The Alternative for Germany has reached a record high of 43 percent in the eastern German state of Saxony-Anhalt for the first time in an Insa poll, which was…
Australia, US To Speed Up Defense Cooperation, Permanent US Submarine Force On Track Authored by Monica O'Shea via The Epoch Times, Australian leaders have pledged to speed up defence cooperation during high level talks. Australia's Defence Minister Richard Marles met U.S.…
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