Video | Two million people at Shakira concert on Copacabana beach.

🚨🇧🇷 TV Globo says more than 2 million people are at the Shakira concert on Copacabana Beach. Aerial footage barely captures it. Brazil is operating on a different scale… the beach has officially become its own metropolis for the night.pic.twitter.com/FhSzHrIRIH https://t.co/VXZhROVREk — Mario Nawfal (@MarioNawfal) May 3, 2026

Australia is heading for a catastrophic stagflationary collapse. Melbourne is forecast to be the hardest hit major market in 2026

The “Impossible Trinity” of Australian economics in 2026: they cannot cut rates because of surging fuel inflation, they cannot hike without crashing the housing bubble, and they cannot ignore the supply chain collapse because they are the last stop on the map. This is not a depression; it is a Disorderly Deleveraging during a global …

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A large cargo ship near the strait of hormuz was attacked by multiple small boats

Early this morning, a massive cargo vessel identified as the MSC Francesca was swarmed and hit by IRGC fast boats near the Omani coast. This escalation comes exactly as Tehran confirms they have received a formal U.S. counter-proposal, turning the Strait of Hormuz into a high-stakes hostage for the upcoming Pakistan-led negotiations. Attack UKMTO #50 “UKMTO has …

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NATO caught in propaganda row, secret meetings with Hollywood writers leaked. If you see a sudden surge of “heroic alliance” movies in 2027, you’ll know where the notes came from.

The alliance is holding “intimate conversations” with film and TV professionals, critics say they’re trying to inject military messaging into art… Closed-door sessions in LA and Paris were held under Chatham House rules, the goal is to “better tell the story” of defense spending… UK writers are reportedly “pretty offended” by the invites, calling the …

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Trump warns military action could resume, reviews 14-point Iran proposal. Details on Iran’s proposal are now getting out — “15 year enrichment freeze, after which time Iran will enrich to 3.5%”

UPDATE: Trump on Iran proposal: It’s not acceptable to me. I’ve studied it, I’ve studied everything – it’s not acceptable. — First Squawk (@FirstSquawk) May 3, 2026 The President told reporters in Miami he’s looking at the “concept” of Tehran’s deal, military strikes remain a possibility if they misbehave… Truth Social posts show Trump is …

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AI spending is the only thing keeping U.S. GDP at a 2% surge — New data shows AI investments accounted for nearly 75% of recent economic growth

The U.S. economy is currently a “hollowed-out” powerhouse. While the 2% GDP surge looks decent on a teleprompter, new data confirms that nearly three-quarters of that growth is just the tech giants frantically buying server racks and H100 chips to avoid falling behind in the AI arms race. Outside the Silicon Valley bubble, the “real” …

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Welfare fraud is out of control.

California’s welfare machine is bleeding billions a year. And, as we recently reported, few programs are more troubled than the state’s $30 billion, Medi-Cal backed In-Home Supportive Services Program. IHSS has become one of the nation’s largest fraud magnets, losing as much as $12 billion to scam artists every year. The program sounds compassionate: pay people to care …

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FBI chief Kash Patel mocked, four voter fraud arrests — Social media is roasting the Director, a “massive” bust that only hit four people…

The Director is fighting a two-front war, the internet and his own agents. Watching the FBI chief hype up four arrests, a suspect gets past security, peak 2026. WHCD shooter Cole Allen managed to check into the Hilton with a disassembled long gun and casing the lobby for 24 hours without being flagged. https://www.foxnews.com/live-news/white-house-correspondents-dinner-shooting-04-26-26 The …

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Creditors rejecting a 90% government takeover, Spirit Airlines terminates all operations, yellow fleet goes dark

The pioneer of the low-cost model officially grounded its last jet at 3:00 AM today. The $500M White House lifeline was pulled, creditors refused a final deal. Thousands of passengers are stranded at gates from Las Vegas to Detroit this morning. Aviation experts say Spirit is the first major corporate casualty, the war fuel spike. …

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Tucker Carlson interview with New York Times.

Tucker Carlson has been at the center of our political conversation and conservative media for a decade now. Few media figures are more closely identified with the Trump era. His hugely popular Fox News show started just after the 2016 election, and despite being fired by that network in 2023, Carlson has remained a Trumpworld …

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Why Your July 4th Cookout Costs More Than Ever

By Peter Reagan “It’s as American as apple pie.” We usually say that about things we love – baseball, fireworks, family gatherings. But lately, I’ve been wondering if inflation itself is becoming just as familiar. Because this year, something as simple as a Fourth of July cookout is starting to feel… different. Not dramatically different, and …

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What is going on in the world of private credit?

via notayesmanseconomics Today I thought I would take a look at the world of private credit and see firstly what is going on and secondly what risks it poses. Let us start with what it is via Blackrock. Private credit represents part of the broader alternative’s universe, referring to non-traditional assets that provide flexible lending solutions. Private credit …

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Be honest, are you buying the S&P here?

Definitely a little inflated but that's how bubbles work. pic.twitter.com/G1AdrmF81I — Rekt Tobi 🫵😹 (@the_hidden_coin) May 2, 2026 I don’t want to scare the kids, BUT it looks like we’re at or very near the culminating top of this majestic yet notoriously bearish pattern the Broadening Formation. The good news? This pattern is a slow …

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BREAKING: Iran responds to the U.S. 9-point plan with a 14-point counterproposal.

BREAKING: Iran responds to the U.S. 9-point plan with a 14-point counterproposal. Iran's key demands: ✅ Guarantees of non-aggression ✅ Withdrawal of U.S. forces from Iran's periphery ✅ Release of Iran's frozen assets ✅ Payment of compensation ✅ Full ceasefire on all… pic.twitter.com/IIFuRXx0Gy — Crypto Rover (@cryptorover) May 2, 2026 Iran has rejected US 2 …

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This earnings beat feels like total fake hope with all the cuts.

Earnings beat but everything else is collapsing now. Why would people buy houses when AI is replacing their jobs. Here are the numbers for $SPY earnings +27.8% vs +13.9% est. Big tech is absolutely smashing analyst estimates pic.twitter.com/J2ytNQYuqr — Simplifying Stocks, CPA (@FinFluentialx) May 1, 2026 Tech layoffs are skyrocketing: Tech companies announced 81,747 layoffs …

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Iran hammered at least 16 US bases across 8 countries in the Middle East – CNN

🇮🇷🇺🇸🇰🇼 Iran COOKED America’s military footprint in the Middle East. Tehran hammered at least 16 U.S. bases across 8 countries, that’s the MAJORITY of U.S. entire presence in the region. Once-bustling spots like Camp Buring in Kuwait went from karaoke nights to ghost-town… https://t.co/OjPVnZb8Fy pic.twitter.com/ymkC9KImY2 — Mario Nawfal (@MarioNawfal) May 1, 2026 The data leaking …

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This kind of attitude doesn’t slow people down from leaving

SEATTLE’S SOCIALIST MAYOR HAS ONE WORD FOR HIGH-EARNERS FLEEING THE CITY: Seattle Mayor Katie Wilson, a total socialist, earned ridicule after brushing off concerns about high-earners fleeing the city due to her tax policies. During an event at Seattle University, she said, “the claims that millionaires are going to leave our state are like super …

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