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by Michael Global financial markets are starting to shake, and it is because of what is happening in the Middle East. At this stage, every day is a rollercoaster ride for investors, and that is not likely to change any time soon. The Iranians have paralyzed traffic through the Strait of Hormuz, and trying to …
Moody’s Ratings has projected a negative outlook for New York City’s finances, chalking it up to the city’s large and persistent projected budget gaps — and citing Mayor Mamdani’s plan to draw down from reserves in order to balance the budget this year. The negative outlook won’t have any immediate impact on the city’s borrowing …
Everyone is watching missiles, oil, and Wall Street. Almost nobody is paying attention to what is about to hit your grocery cart. Oil closed at $95.73 per barrel today. The Strait of Hormuz, which carries roughly 20% of the world’s oil, is effectively shut. Ships are stranded. Deliveries are delayed. Markets are already reacting violently. …
Most people still think artificial intelligence is just a chatbot that helps with homework or writes emails. That illusion is collapsing very quickly. Three separate developments just hit the news at the same time, and when you place them side by side a very disturbing picture begins to emerge. First, we are now being openly …
Nobody is telling you how FUCKED the financial system actually is right now. And it started cracking TODAY. Step 1 → JPMorgan just marked down its private credit loans and RESTRICTED lending to private credit funds. Step 2 → Morgan Stanley is now BLOCKING redemptions at its private credit fund after withdrawals surged. Step 3 …
Hundreds and hundreds of ships. But they’re all in the wrong place. “Oh my goodness,” says Michelle Wiese Bockmann, senior maritime intelligence analyst at Windward, a maritime AI company, as she checks the live positions broadcast by commercial vessels in waters off Iran, the United Arab Emirates and Qatar. “I’m up to… 35 different clusters,” …
House Republicans discussed plans for a second party-line megabill during their policy retreat in Florida this past week, and now GOP senators want in on the action. Sen. Joni Ernst (R-Iowa), in her capacity as head of the Senate DOGE Caucus, sent a letter to Speaker Mike Johnson and House Budget Chair Jodey Arrington (R-Texas) …
A manufacturing problem in millions of Abbott glucose sensors has been tied to at least seven deaths and hundreds of injuries worldwide. Michael Ford was not in good health, but his Type 2 diabetes was manageable. His son, Davonte Ford, was his full-time caregiver — bathing Michael, administering his medications and dutifully responding to the …
Pupils who have not been vaccinated against measles may be sent home from school if there is a local outbreak. Health leaders in London are meeting today to discuss whether to stop unvaccinated children from coming into school. It follows a decision made in the London borough of Enfield after an outbreak of the disease. …
Farmers are sounding the alarm. Fertilizer prices have jumped 77 percent in just twelve days of the Iran conflict. Thirty percent of global fertilizer flows through the Strait of Hormuz. Crops cannot grow without fertilizer. Corn, soy, wheat, and other essential crops are now at risk. Grocery bills are about to surge. Food shortages are …
via Ashes of Pompeii The Strategic Folly of a (Serious) US Ground Invasion of Iran It simply can’t be done. Tucker Carlson recently spoke of a potential false flag operation designed to manufacture consent for a US ground invasion of Iran. Tucker is no longer an “insider” in Washington but he still likely has his …
JP Morgan analysts are telling investors to short the stock market until the Strait of Hormuz reopens. The Strait is effectively closed. Oil flows are blocked. One thousand ships including 200 oil tankers are stranded. Normally sixty pass per day. Now almost none. The global energy system is frozen. President Trump warned on Truth Social …
Pay attention. The Iran war is following the exact same playbook as Covid. Step by step. Every move is designed to reshape energy, money, and power while most people are distracted by missiles. Oil crashed sixteen percent in days. Suddenly the world is being told we need to move away from oil dependency. The International …
by Michael We live at a time when millions upon millions of us feel deeply unsettled. The news is filled with constant headlines about war, political chaos, economic problems and major natural disasters. A lot of people feel like humanity’s story is building up to some sort of a crescendo, and they are not optimistic …
An Iranian-linked hacking group has claimed responsibility for the global disruption of one of the world’s leading medical technology companies. Michigan-based Stryker experienced a global outage on Wednesday, saying thousands of employees have lost access to work systems. It employees approximately 53,000 people globally. The company is a leading provider in advanced medical technologies that …
A mother has removed all Amazon Alexa devices from her Texas home after the AI assistant asked her four-year-old daughter what she was wearing. Christy Hosterman, 32, was using the device to help with a dinner recipe last month when her daughter Stella asked it to tell her a silly story, a feature on the …
Four headlines appeared today that, when placed together, raise a question that economists and politicians rarely want to confront. More Americans are having their electricity shut off as unpaid bills pile up. Analysts are asking what the S&P 500 may be hiding about the real condition of the economy. Some economists are openly wondering whether …
Federal Reserve officials say geopolitical tensions could push inflation higher and complicate monetary policy decisions Federal Reserve policymakers are monitoring the conflict with Iran for its potential impact on inflation and consumer prices, as energy prices have jumped since the outbreak of hostilities. Oil prices briefly surged over $100 a barrel amid fears of supply …
THE WAR JUST MOVED INTO THE FINANCIAL SYSTEM: Iran just told everyone in the region to stay 1 kilometer away from US and Israeli banks and financial centers. This came after the US and Israel struck Iranian banks overnight. Iran’s response: US and Israeli banks “should wait for our painful response.” Think about what this …
The percentage of voters with significant levels of confidence in the Supreme Court has dropped to its lowest point since NBC News began polling on the question in 2000, according to the most recent survey. The latest NBC News poll shows that 22% of registered voters nationally said they have a “great deal” or “quite …
Iran cannot participate in the 2026 World Cup following airstrikes against the country by the United States and Israel, the Iranian sports minister said Wednesday. “Given that this corrupt government assassinated our leader, under no circumstances can we participate in the World Cup,” Ahmad Donyamali reportedly told Iranian state television. Iran’s Supreme Leader, Ayatollah Ali …
Longtime Obama confidante’s salary exceeds leaders at Bush, Carter, Reagan and Clinton foundations As construction nears completion on the long-delayed $850 million Obama Presidential Center, federal tax filings show the Obama Foundation paid CEO Valerie Jarrett $740,000 in 2024 while several former Obama White House officials collected six-figure salaries as foundation executives. The Obama Foundation …
Several developments appearing together suggest this conflict may be revealing far more than battlefield damage. It may be exposing cracks inside governments, militaries, and alliances that were not supposed to be visible. One of the most striking revelations involves how deeply Iran’s leadership appears to have been penetrated. Analysis circulating in recent reports says Israeli …
(Bloomberg) — Boeing Co. shares fell after it said a wiring flaw found on its 737 Max will delay some deliveries of the cash-cow narrowbody jet. The US planemaker said its overall delivery target of roughly 500 of the 737 jets for the year remains unchanged despite the quality lapse, disclosed on Tuesday as the …
Attackers combine spam floods with fake IT support Victims tricked into Quick Assist sessions deploying A0Backdoor Malware enables full account takeover and remote code execution Cybercriminals are using a new combination of spam and IT support impersonation to deploy malware and take over corporate devices, experts have warned.Security researchers at BlueVoyant found cybercriminals would start …
Americans are withholding their federal income tax to protest against Trump Some US taxpayers are refusing to pay the federal government amid ICE surges, the war with Iran and more “I’m not paying my federal income taxes this year,” Rachel Cohen declared in a recent Instagram video that received more than 140,000 likes. The 31-year-old …
This conflict is crossing new lines almost every week. First the targets were military bases. Then senior leadership. Then oil infrastructure. Then desalination plants that provide water to millions. Now the war is moving directly into the financial system. According to reports circulating overnight, the United States and Israel struck Iranian banking institutions, an escalation …
via Shaun Richards Even in what are grim times we are allowed a wry smile and that happened when I spotted this last night. ECB’s Lagarde: We Are Not At All In A Situation Of Stagflation. ( @LiveSquawk) I pointed out on social media that this was a case of never believe anything until it …
Something uncomfortable is beginning to show up in several major headlines at the same time. A potential long war abroad. Growing signs of dysfunction at home. And security agencies quietly warning about threats inside the country. Each story alone might seem manageable. Together they raise a much larger question about the direction of the system …
by Michael President Trump has repeatedly stated that the war with Iran is going to be quite short. But there is no way that he will be able to walk away if traffic through the Strait of Hormuz is paralyzed and Iran continues to hammer U.S. allies throughout the Middle East. Instead of seeking an end …