Mass Casualties As Russian Drones Slam Into Mall In Zelensky’s Hometown At least 14 have been killed and 121 injured after a Friday afternoon Russian drone strikes on a busy shopping call in the central Ukrainian city of Kryvyi Rih, regional officials say. Casualty numbers could grow amid ongoing search and rescue efforts at the scene. Some of the injured are in serious condition. President Zelensky quickly issued a statement on […]

Saylor’s Strategy Treasury Back To Breakeven As Crypto Rips, StanChart Says $100k Bitcoin Year-End Call May Be ‘Too Low’ Markets are reminding investors that volatility has two sides in digital assets. As Standard Chartered’s crypto guru, Geoffrey Kendrick, begins his latest note, we’ve been used to (earlier in 2026) prices falling sharply. Now we are starting to see (only starting) what happens when prices rise sharply. So […]

Biden Adviser Warned Fauci, CDC Director Cloth Masks Didn’t Work Well: Text Authored by Zachary Stieber via The Epoch Times, A doctor who advised President Joe Biden on COVID-19 warned Dr. Anthony Fauci and other top Biden administration officials in a newly disclosed text message that wearing cloth masks provided “very limited protection.” Dr. Michael Osterholm, who was part of Biden’s COVID-19 transition advisory team, […]

FERC Approves SPP “Topology Optimization” Plan For Cutting Grid Congestion By Ethan Howland of UtilityDive The Federal Energy Regulatory Commission on Wednesday approved the Southwest Power Pool’s proposal for using “topology optimization” to reduce grid congestion and its related costs. Traditionally, grid operators respond to grid congestion by redispatching power plants, which can lead to higher production and congestion […]

Woman Charged In ISIS-Inspired Plot To Bomb NY State Capitol Authored by Jill McLaughlin via The Epoch Times, FBI agents foiled an alleged ISIS-inspired bomb plot on the New York State Capitol on Aug. 19 that they say was concocted by a local woman who had pledged allegiance to the terrorist group earlier this year. Jessica Bowie, 35, was captured by surveillance while doing reconnaissance on the New York Capitol in an undated […]

Situational Flipping: Citadel Has Dumped Almost All Of The Stocks It Acquired From Leopold Aschenbrenner After the market learned in late July that Leopold Aschenbrenner’s Situational Awareness hedge fund had blown up under too much Total Return Swap and option leverage (as we had warned a month earlier would happen), the next big question facing investors was: how long would Citadel keep the positions it bought from Leopold (at a […]

Trump Tells Michael Cohen “They Weaponized You” In Radio Interview, Praises His Recanting Authored by Emel Akan via The Epoch Times, President Donald Trump appeared on Michael Cohen’s radio show and commended his former attorney for recanting his previous statements. Their conversation marked a surprising thaw years after their relationship collapsed amid public feuds and legal battles. Part of the interview with Cohen’s […]

ActBlue Co-Founder Invokes the Fifth Amendment As House Fraud Probe Widens ActBlue co-founder Matt DeBergalis sat before the Committee on House Administration, the House Oversight Committee, and the House Judiciary Committee on Thursday and declined to answer a single substantive question during a closed-door deposition that reportedly lasted less than half an hour. DeBergalis invoked his Fifth Amendment right against […]

Pink-Clad Feminist Mob Rallies In Support Of Confessed Child Murderer A mob of liberal women decked out in pink is taking to the streets in front of the Plymouth Superior Courthouse in Plymouth, Massachusetts for a rally in support of Lindsay Clancy during her ongoing murder trial.  The group, which is often accused of being “terminally online”, has been invading social media discussions for weeks to inject arguments in defense of […]

Intervening Oneself Out Of Quagmire? By Elwin de Groot, head of macro strategy at Rabobank Intervening Oneself Out Of Quagmire? Yesterday’s market moves again showed that jawboning and temporary interventions are rarely enough when the underlying problem is fundamental. As a “thank you” for Trump’s last-minute intervention to reduce joint US-South Korean military drills – and his claim to have spoken with Kim Jong Un […]

Lacy Hunt: Fed’s Been “Stealth-Easing” Since December “We’re seeing a major secular shift, that we’re now moving into a period of capital shortage, as well as we’re witnessing the end of the three-decade period of globalization, which led to significant disinflation.” That prediction comes from Dr. Lacy Hunt, once one of the bond market’s most prominent bulls and secular disinflationists. Well… no longer. He’s now a […]

They’re Getting Revenge, Starting Today… Via the Tom Woods Letter, I absolutely insist to you: I really am trying to stop writing about this topic. But too much insanity keeps breaking out, and I have no choice but to comment on it. You know the story: a Cambridge academic, Jason Arday, was found to have plagiarized his dissertation, borrowed heavily from others in his published articles, produced essentially worthless […]

Services Sector Survey Surge Sparks US Growth Rebound Hopes In August After a relatively ugly series of disappointing macro data – and a hectic week of interventions – preliminary August data from S&P Global’s PMI survey was expected to signal a slowdown in growth for the US economy (but still growth). But, the respondents had other things on their mind as while Manufacturing slipped, the Services sector of the economy soared […]

China Sentences Evergrande Founder To Life In Prison Five years after Chinese property development firm Evergrande Group collapsed under the weight of enormous debt, founder Xu Jiayin was sentenced to life in prison on Thursday. Xu Jiayin, also known as Hui Ka Yan, founder of property developer Evergrande, appears for sentencing at the Shenzhen Intermediate People’s Court in Shenzhen, China, on Aug. 20, 2026. Shenzhen Intermediate […]

Teen Drops Social Media Addiction Claims Against Meta, Google, & Snap, Ahead Of October Trial Authored by Kimberley Hayek via The Epoch Times, A 15-year-old New Jersey girl whose lawsuit served as a test case in litigation accusing social media companies of designing platforms to addict young users dropped her remaining claims Thursday against Meta Platforms, Google, and Snap Inc. The plaintiff, identified in California […]

Broadcom CDS Explodes As It Seeks Up To $100 Billion In Massive Off-Balance Sheet Debt Deal Amid the growing angst about hyperscaler CapEx (and more specifically, the historic flood of new debt issuance to fund it), attention among the always-bullish equity talking-heads has shifted – and rightfully so – to the bond markets as alarm signals flare up with an increasing frequency. Of course, for ZeroHedge readers, this is not a new […]

China Firmly Rejects US Demand To Back Its ‘Most Crushing Economic Operation’ Against Iran China has firmly rejected Washington’s call to join in implementing US sanctions to “squash” Iran’s economy, pushing back against Trump administration pressure to be part of the “toughest sanctions in history” which has marked a new phase of conflict focused on extended economic warfare, as a military solution is seen as increasingly […]

Futures Rise On Opex Day As Yields Stabilize; Bitcoin Almost Tags $80,000 US futures rebound from Thursday’s slump, and trade at session highs on.  As of 8:15am ET, S&P 500 futures were 0.4% higher with Nasdaq 100 contracts up 0.6%, while Bitcoin headed for its best week in more than three years, rising just shy of $80,000 before reversing. S&P 500 futures jerked higher and yields extended declines as oil edged lower […]

British Protesters Jailed For Longer Than Migrant Who Sexually Assaulted Girl Authored by Steve Watson via Modernity News, British men who protested outside an Essex asylum hotel have been locked up for far longer than the migrant whose sexual assaults on a 14-year-old girl and a woman triggered the demonstrations. Charlie Land, 24, and Jonathan Glover, 48, received 32 months and 30 months respectively at Chelmsford Crown Court […]

HSBC Warns Global Zinc Market Is Flashing Signs Of Tightness HSBC’s Global Commodity Team warned Thursday that the zinc market is flashing warning signs of extreme tightness: Global zinc mine supply remains tight: HSBC’s Global Commodity Team expects global mine supply to fall 2.1% y-o-y to 12.5mt in 2026, driven mainly by lower production in Latin America. The zinc market is expected to be slightly tight in 2026e, driven by a […]

Samsung Unleashes $80 Billion Shareholder Return After SK Hynix’s “Buyback Bazooka” To Revive Memory Trade Days after SK Hynix unveiled a staggering 40 trillion won, or $28.6 billion, “buyback bazooka” aimed at putting a floor under its shares following a sharp six-week selloff, Samsung Electronics joined the capital-return push. The world’s largest memory-chip maker said Friday that it plans to return as much as 110 trillion won, […]

Pennies Have Been Abandoned, Now What Will Be Done With Nickels? Authored by Adam Dick via RPI The United States government minted its final penny in November of 2025. This came after fiat money inflation succeeded in depriving pennies of nearly all their value. Pennies are still circulating, but it is increasingly common for stores to round cost totals to avoid giving pennies in change. Also, people seeing that the metal […]

Medieval Diseases Have Returned To Los Angeles In what can only be described as a stunning failure of state and local policy and leadership, Los Angeles County recorded its highest tally of flea-borne typhus cases in 2025, confirming 220 diagnoses, up from 187 the year before, according to the county’s Department of Public Health. Almost nine in ten of those patients ended up hospitalized. Fleas that feed on infected rats, opossums, […]

US To Send Hospital Ship Next Year To Peru To Help With Impact Of El Nino Authored by Victoria Friedman via The Epoch Times, The United States will send a military hospital ship to Peru’s Pacific coast next year to help the country cope with the impact of the El Niño weather phenomenon. Plans to send the hospital ship USNS Comfort to the northern Pacific coast of Peru in February 2027 were confirmed by U.S. Ambassador to Peru […]

Bessent: Aim Is To ‘Collapse’ Iran Regime Through Economic Warfare, But US Unlikely To Restart Major Combat Summary US shifts toward economic warfare, away from military strikes: Bessent says maximum sanctions likely mean no major new military campaign for now. Regime change rhetoric persists: Bessent says Washington intends to “collapse” Iran’s regime. USS George Washington arrives: A new US carrier is now operating in the […]