Zelensky Boasts He No Longer Needs US Permission For Long-Range Missile Strikes On Russia This week saw Ukrainian President Volodymyr Zelensky boast for the first time that his military can conduct long-range strikes on Russian territory using weapons made within Ukraine, and this means he doesn’t need to coordinate these attacks with the United States. His remarks came in response to a Wall Street Journal report claiming that the […]

Fox Channels Could Become Unavailable On YouTube TV Over Payment Dispute Authored by Victoria Freedman via The Epoch Times, YouTube said on Monday that several Fox channels could become unavailable on YouTube TV if the two companies do not reach a deal by Aug. 27. Google-owned YouTube said in a blog post that it is negotiating to renew its deal to carry Fox channels, but said the media company is asking for fees “far higher” […]

The Mar-a-Lago Accord Confirmed: Miran Brings Trump’s Reset To The Fed Authored by Lau Vegys via InternationalMan.com, [ZH: This was written before Trump fired Fed Governor Cook, potentially further entrenching his appointees on the Fed Board] Stephen Miran’s appointment to the Federal Reserve isn’t just another personnel move—it’s the placement of Trump’s Reset architect inside the very institution that will help carry […]

Bolton Attacks Trump For ‘Utterly Incoherent’ Ukraine Policy Days After FBI Raid Former national security adviser John Bolton has gone after President Trump, blasting his Ukraine strategy as “incoherent” in an opinion piece published Monday, just a few days after federal agents raided his Maryland home and D.C. office over the handling of classified documents. “President Donald Trump’s Ukraine policy is no more coherent today […]

NY State Trying To Restore Welfare Access For Illegal Immigrants Authored by José Niño via Headline USA, The Federation for American Immigration Reform (FAIR) recently submitted a federal court brief challenging New York‘s request to restore Trump Administration funding, which was suspended after the state refused to say whether it was still providing public benefits to illegal aliens. The Personal Responsibility and […]

Cooked By State Capitalism By Benjamin Picton, senior market strategist at Rabobank The Powell-induced equity rally took a breather yesterday as the S&P500 closed 0.43% lower, the NASDAQ 0.22% lower and the EuroStoxx 50 0.81% lower. Asian equities – perhaps still playing catchup from Powell’s Jackson Hole speech – had traded higher earlier in the day. China’s CSI300 closed up more than 2% and the Hang Seng gained 1.94% […]

Trump Jr’s VC Company Takes Stake In PolyMarket At $1 Billion+ Valuation Polymarket, the world’s largest prediction platform, has secured a double-digit million-dollar investment from Donald Trump Jr.’s venture capital fund 1789 Capital, Axios reported Tuesday. As part of the deal, Trump Jr. will also join Polymarket’s advisory board. “Polymarket is the largest prediction market in the world, and the U.S. needs access […]

“Make Cracker Barrel A WINNER Again” – Trump Chimes In After CEO Issues Groveling Statement Following ‘Woke’ Rebrand Update (1045ET): President Trump has chimed on the Cracker Barrel bullshit: Cracker Barrel should go back to the old logo, admit a mistake based on customer response (the ultimate Poll), and manage the company better than ever before. They got a Billion Dollars worth of free publicity if they play their cards […]

French Bonds, Stocks Tumble As Government Risks New Collapse In Weeks And just like that, Europe is gripped by another political crisis (but… but… the euro is soaring) after French Prime Minister Francois Bayrou called a confidence vote that may topple France’s government as soon as September 8, prompting a selloff in French assets as investors hedged for more political uncertainty.  The conservative National Rally party, […]

DNC Criticized Over “Private Agreement” To Continue To Pay Harris’s Debts After The Election Authored by Jonathan Turley, Axios has a story out this week that disclosed that the Democratic National Committee (DNC) continued to pay off the debts from former Vice President Kamala Harris’s presidential campaign. Over $15 million has already been paid out by the DNC, which is reportedly struggling to raise money in the aftermath of a […]

Conference Board Consumer Confidence Slides In August As Inflation Fears Reignite The Conference Board Consumer Confidence Index fell by 1.3 points in August to 97.4 (versus 96.5 expectations and from an upwardly revised 98.7 in July). The Present Situation Index – based on consumers’ assessment of current business and labor market conditions – fell 1.6 points to 131.2 (from an upwardly revised 132.8). The Expectations […]

With Lutnick Watching, Centrus Signs MOU To Expand Uranium Enrichment Regular readers of ZeroHedge are well that we believe Centrus Energy could be the next obvious candidate for the U.S. government to cozy up to and acquire a stake(similar to how the Trump admin recently did with rare earth company MP Materials and of course Intel, both of which we correctly predicted ahead of time, here and here). And now Centrus is obviously […]

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 The US is coming off its weakest spring selling season in […]

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 […]

LA Police Bust Burglary Crew Suspected In 92 Residential Heists Authored by Jill McLaughlin via The Epoch Times, Police have arrested the last of 10 suspects involved in the “Rich Rollin Burglary Crew” linked to at least 92 residential burglaries in the city since 2022, the Los Angeles Police Department (LAPD) announced Aug. 25. Detectives wrapped up a months-long investigation into the burglary ring on Aug. 20, arresting […]

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 […]

Hunter Biden’s Lawyer To File Lawsuit Claiming “Trump Has No Authority” To Fire Fed Governor 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.  […]