Chicago taxpayers poured millions into grocery stores that are closing this weekend anyway.

7 more grocery stores are shutting down in Chicago this weekend The city spent $14M to help them stay Residents are outraged: pic.twitter.com/llND2QbQ4s — End Wokeness (@EndWokeness) July 24, 2026 All seven Save A Lot stores across Chicago could shut down this summer after the company decided to end its partnership with the grocery operator …

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Germany’s Productive Class Is Looking for the Exit

by Martin Armstrong Germany spent decades building one of the most productive workforces in the world. It trained engineers, scientists, technicians, physicians, and business leaders under the assumption that education, sacrifice, and hard work would provide a better standard of living. That social contract is now breaking apart. The people who followed the rules are …

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Your Home Equity Isn’t as Liquid as It Looks

via Peter Reagan For many American families, the largest financial asset they own isn’t sitting in a retirement account. It has a roof, a water heater, a property-tax bill (and at least one closet nobody wants to clean out). It is the family home. For good reason! Homeownership has helped millions of Americans build wealth over time. A paid-off home can …

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Trump: ‘President Xi told me very nicely and very clearly that he will not do it, ok? We have a fantastic relationship, and I’d like to believe him.’

🇺🇸🇨🇳🇮🇷 Reporter: ‘What makes you so sure that China isn’t supporting Iran in this conflict?’ Trump: ‘President Xi told me very nicely and very clearly that he will not do it, ok? We have a fantastic relationship, and I’d like to believe him.’ pic.twitter.com/k68NEkbXit — Megatron (@Megatron_ron) July 24, 2026 Reuters report on Trump trusting …

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Heatwave kills 31 in Europe

Paris – Europeans were urged to stay cool on Friday as a record-breaking heatwave that has melted roads, jangled nerves and killed 31 people across half the continent looked set to last another week. In France, medical authorities said 22 people have now died from the heat – up from nine two days ago. They …

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Either the biggest AI bet in history pays off or it becomes the most expensive mistake ever made

People keep saying AI is a bubble. Then I look at what the biggest companies in the world are actually doing. Google. Microsoft. Meta. Amazon. Oracle. None of them are slowing down. They are all spending even more. Google just reported another huge quarter for Cloud. Instead of saying, “We’re spending enough,” management raised capex …

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Main Street Is Breaking While Wall Street Celebrates

by Martin Armstrong Every recovery eventually reaches a point where the official statistics no longer resemble reality. Politicians point to stock market records, economists celebrate another quarter of GDP growth, and central bankers congratulate themselves because inflation has moderated. Then you look at Main Street, where the people actually creating jobs are quietly closing their …

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Dave Matthews Makes Trashing Trump Part of His Tour: ‘I’m So Tired of This F**king President’

Radical rocker Dave Matthew has added anti-Trump tirades to his 2026 tour, during which he has bashed the president at every opportunity. Taking a page from faded 1980s rocker Bruce Springsteen’s song book, Matthews has made a habit of targeting Trump from the stage during his shows. The band has also posted videos to social …

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How Iran’s missiles became more lethal

Launcher recovery time drops from 15 hours to 30 minutes as Tehran learns from US strikes Streaking across the night before its earth-shaking impact, the Iranian missile hit the American military base despite batteries of sophisticated air defences. Captured on video last week, the strike was one of several to hit Muwaffaq Salti air base …

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Mortgage rates hit 2026 highs while the true cost of owning a house keeps climbing.

Average 30 year fixed rate reading at 6.85 percent highest of the year so far. Same day last year was 6.78 percent. 10 year Treasury yield at 4.70 percent. Spread sitting at 215 basis points. Emergency repairs up 175 percent since 2019. Maintenance costs up 85 percent. Homeowners insurance up 72 percent. Interest costs up …

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Boat captain pleads guilty in crash that killed three children from Miami sailing camp

A counselor and two children escaped after being dragged beneath the barge but three girls drowned A tugboat captain has pleaded guilty to seaman’s manslaughter after a crash in Miami that killed three girls from a sailing camp. Yusiel Lopez Insua, 47, was piloting a 25-foot (8-meter) tugboat pushing a construction barge across Biscayne Bay …

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Trade Between India and China Soars

by Martin Armstrong India’s imports from China reached a record $79.41 billion during the first six months of 2026, a 21.8% increase from a year earlier. Bilateral trade climbed to $91.72 billion, up 23.6%, putting the two countries on pace to exceed the record $155.6 billion in trade achieved in 2025. India’s exports to China …

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BBC demands Trump’s Jan 6 messages in fight against $10bn lawsuit.

In a fightback against the US president’s $10bn (£7.5bn) defamation lawsuit, the broadcaster’s lawyers hope to prove in court that he should be held responsible for urging his supporters to storm the US Capitol ⤵️https://t.co/d2O2pg6XW5 pic.twitter.com/QxTYYcpmkD — The Telegraph (@Telegraph) July 24, 2026 The BBC has demanded that Donald Trump hand over his personal messages …

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Having to put up with requests like this as a minimum wage hotel receptionist in Greece doing 10h shifts

Having to put up with requests like this as a minimum wage hotel receptionist in Greece doing 10h shifts byu/Chamallow81 inmildlyinfuriating Nothing says “minimum wage” like being asked to direct a surprise entrance, coordinate two rounds of applause, and uncork champagne at exactly 19:47. The couple themselves were nice people, it’s just wild how some …

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This guy literally ran to attack Trump, because he couldn’t do an effective job as the Democrat’s lawyer. Then the douche lost his seat in the very next election.

This guy literally ran to attack Trump, because he couldn't do an effective job as the Democrat's lawyer. Then the douche lost his seat in the very next election. 😂😂😂😂😂 Hey @grok, did Congressman Dan Goldman win the Democrat primary in New York for his congressional seat in… — Brian Ross (@brianwross) July 24, 2026

Japan is facing a crisis on several economic fronts

via notayesmanseconomics It is time again for us to look east to Nihon the land of the rising sun and earlier today we heard something that is becoming awfully familiar. Japan’s finance minister warned markets that authorities stood ready to take “appropriate and bold action” as the latest flare-up in the Iran war pushed the …

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Deutsche Bank Predicts the Five-Year Gold Price

via Peter Reagan Your News to Know rounds up the most important stories about precious metals and the overall economy. This week, we’ll cover: Deutsche Bank’s $8,000 gold scenario China’s move to curb individual precious-metals trading Why Sprott says physical commodities are entering a historic supercycle Gold’s bear case has changed I have been thinking …

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Anything Trump says is against America.

Anything Trump says is against America. https://t.co/j8uOSQTQgM — Darth Powell (@VladTheInflator) July 23, 2026 TRUMP: Raising tariffs and gas prices, preparing to invade Iran with his 35% approval rating. GOP in Battleground States: pic.twitter.com/deNOPZnNxy — Maine (@TheMaineWonk) July 23, 2026