India offers zero-for-zero tariffs on both auto parts and steel from the United States.

BREAKING: India offers zero-for-zero tariffs on both auto parts and steel from the United States. — The Kobeissi Letter (@KobeissiLetter) May 5, 2025 In a bid to advance its ongoing trade negotiations with the United States, India has reportedly offered to impose zero tariffs on select American goods, including steel, auto components, and pharmaceuticals—up to …

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NBC News edits Trump’s statement on damning tapes…

“EDITED FOR CLARITY”: NBC News cuts President Trump’s mention of the emergence of damning evidence against Kilmar Abrego García from the Meet the Press broadcast. PRESIDENT TRUMP: You see what happened just this morning. Tapes came out, horrible tapes from his wife. You don’t get much worse than that. You don’t get, I mean, he …

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China: Satellite Images Reveal Construction of the Largest Military Hub on Earth Spanning Over 1,000 Acres

As satellite images reveal China’s ambitious construction of the world’s largest underground military command center near Beijing, global tensions escalate, prompting experts to scrutinize the implications of this unprecedented development for international security dynamics. In the fast-paced world of global geopolitics, the unveiling of China’s monumental military project has captured worldwide attention. Satellite imagery has …

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U.S. Department of Education is collecting on student loans again. Know your rights as a person in debt.

via YSK: It could save you thousands and protect your future. On May 5, the U.S. Department of Education will commence collecting on student loans after a five-year hiatus. This is going to throw thousands of American lives into chaos, and you should know what your rights are when dealing with collection agencies. U.S. Department …

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Trump admin to pay illegals $1,000 to self-deport, DHS says it will save $1 million per illegal alien family

The Trump administration has started paying illegal migrants to $1,000 each to “self-deport” from the US, and the Department of Homeland Security said it will save taxpayers up to $1 million per family. Immigrants can avoid arrest by federal immigration agents if they choose to use the Trump administration’s CBP Home app. The DHS will …

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“Mid-to-late May trucking comes to a halt”

"Mid-to-late May trucking comes to a halt" CNBC just published this chart. I've included some charts that show trucking demand right now (volumes, loads rejected, and avg spot rates) Where do you think they'll be in 2 weeks? pic.twitter.com/f8S24fcWIG — Dooner 🇺🇸 (@TimothyDooner) May 5, 2025  

$9.8 billion in AI revenue at risk if capex slows across data centers. Piper models worst-case hit to NVDA EPS at $0.40 stock could plunge to $76

Piper Sandler Analyzes Sensitivity of $NVDA Data Center Revenues to Capex Slowdown Analyst comments: “We performed a sensitivity analysis on NVIDIA’s data center revenues to assess potential impacts from a slowdown in capital expenditures over the next year. In our worst-case scenario—assuming capex cuts across all NVDA data center end markets and no recovery in …

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Spending slows down, layoffs speed up. Bonds are setting up the ultimate catch-up trade. All the hard data that feeds bonds is looking great (oil prices, housing data, growth data).

And now, it is showing up in the hard data. Credit card transactions began falling in a highly unseasonal manner in the last week of April. Spending slows down, layoffs speed up. It’s just that simple. pic.twitter.com/I7zBVDie5u — Spencer Hakimian (@SpencerHakimian) May 5, 2025 Bonds are setting up the ultimate catch-up trade. All the hard …

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Airlines suspend flights into Israel

Air India turns its plane around to return home, although already in Jordanian airspace, Air Europa flight on Madrid runway awaiting take off to Tel Aviv, cancelled; Cyprus president delays arrival on state visit after flight held back International airlines have announced cancellations of flights to Israel after a ballistic missile strike targeted the Ben-Gurion …

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The US has approved CRISPR pigs for food

Most pigs in the US are confined to factory farms where they can be afflicted by a nasty respiratory virus that kills piglets. The illness is called porcine reproductive and respiratory syndrome, or PRRS. A few years ago, a British company called Genus set out to design pigs immune to this germ using CRISPR gene …

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PLTR: The Most Overvalued Stock in History

via WSB: While everyone’s focused on Nvidia as the most overvalued stock of this cycle, the real bubble is Palantir. Palantir is sitting at a price to sales ratio of 100, making it the most expensive large cap stock ever on a revenue basis. At an almost $300 billion market cap with 34% revenue growth …

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Harris was never ahead, they knew it, and they did this

propaganda – noun – prŏp″ə-găn′də – the spreading of ideas, information, or rumor for the purpose of helping or injuring an institution, a cause, or a person STILL no explanations – no apologies – no comments Harris was never ahead, they knew it, and they did this 👇 https://t.co/5fGwMY5yan pic.twitter.com/MisYRFO4Aw — Rasmussen Reports (@Rasmussen_Poll) May …

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