Daily Wire Names New CEO As Audience, Revenue Challenges Mount The Daily Wire announced Tuesday that CEO Caleb Robinson is stepping down effective immediately and transitioning to a board role while retaining significant ownership in the company. Mike Richards, who joined as President and Chief Content Officer roughly a year ago, has been named the new CEO. Robinson framed the move as a deliberate shift: “Stepping down as CEO of […]

US Deploys Aircraft Carrier To Caribbean As Trump Admin Pressures Cuba Authored by Jack Phillips via The Epoch Times (emphasis ours), The U.S. military command operating in the Western Hemisphere said on May 20 that an aircraft carrier strike group entered the Caribbean Sea, as the Trump administration heaps pressure on the Cuban communist regime. In a post on X, U.S. Southern Command said that the USS Nimitz is now in the […]

DOJ Probe Widens: Minnesota Daycare Owner Charged, While Convicted Fraudster Gets Nearly 42 Years A Minneapolis daycare owner has been charged with conspiracy to defraud the United States, adding another case to Minnesota’s widening public-benefits fraud scandal. Fahima Egeh Mahamud, 50, CEO of Future Leaders Early Learning Center, allegedly submitted more than 13,000 false claims to Minnesota’s Child Care Assistance Program […]

Exit Taxes Won’t Save Failing States Authored by Vance Ginn via TheDailyEconomy.org, When a state starts floating an exit tax, it is telling you something more important than any campaign slogan: the people running the place know their model is not working.  They may not say it that way. They will call it fairness, responsibility, or making the wealthy “pay what they owe.” But the meaning is the same.  If families, […]

No Deal Reached, Amid ‘Fabricated’ Mideast Media Reports; Trump Presses Nuclear Issue & Iran President Says ‘Won’t Back Down’ Summary Al Arabiya issues dramatic retraction on prior ‘deal reached’ reporting. Iranian president vows to not back down, as Trump still vows to get nuclear material. AI Arabiya TV obtains what it describes as final draft of US-lran agreement,  Reuters reported that Ayatollah ordered that stockpile […]

Trump Posts Article Laying Out: “Here’s How To Crush Tehran In Three Moves” President Trump on Thursday posted to Truth Social a New York Post article which was first published over two weeks ago, on May 1st, with the headline “Here’s how to crush Tehran in three moves.” Trump’s new social media post, issued without additional comment, comes just after news of Iranian Supreme Leader Mojtaba Khamenei having drawn a hard line in the […]

Rickards: Investing In A World In Turmoil Authored by James Rickards via DailyReckoning.com, To say that the world is in turmoil to an extent not seen since the 1960s is an understatement. The war in Ukraine is now in its fifth year. The war in Iran continues with no end in sight, despite Trump’s optimistic talk. NATO may be nearing the break-up stage as Trump pulls U.S. troops out of Germany. Energy prices are soaring, […]

Rubio: Diplomacy Will Be Rendered ‘Impossible’ If Iran Enacts Hormuz Toll System Iran has been seeking to significantly expand the area around the Strait of Hormuz over which it claims military control by this week advancing the newly-created government agency of the “Persian Gulf Strait Authority”. The agency quickly published a map proclaiming “Iranian armed forces oversight” across more than 22,000 sq km (8,800 sq miles) of the […]

Democrats Move To Block Trump’s $1.776 Billion ‘Anti-Weaponization’ Fund Via American Greatness, Congressional Democrats are moving to shut down President Donald Trump’s proposed $1.776 billion Anti-Weaponization Fund, escalating a political fight over compensation for Americans who say they were targeted by politically motivated prosecutions and federal lawfare. Rep. Jamie Raskin, the top Democrat on the House Judiciary […]

Marcus Lemonis Fires Back On X Over Claims Camping World Spiraling Toward Bankruptcy America’s largest RV dealer and service chain, selling new and used motorhomes, travel trailers, and more for outdoor living, has been under pressure over the past several years as high interest rates have crushed RV demand. An X user with the handle “Roger” laid out his thesis on why Camping World is next on the list to “file Chapter 11 bankruptcy […]

Getting An ‘A’ At Harvard Will Be Tougher Starting In 2027 Authored by Micaiah Bilger via The College Fix, Two thirds of faculty vote to approve cap on A grades for undergrads… Harvard University faculty gave an emphatic “yes” to capping A grades in a vote Wednesday amid concerns about grade inflation and academic rigor at the prestigious institution. Approximately 70 percent voted to approve the 20-percent cap on As in […]

The News-to-Death Ratio Strikes Again Authored by Carl Henegan and Tom Jefferson via The Brownstone Institute, There is a peculiar arithmetic that governs modern health reporting, one that has very little to do with actual risk. Hans Rosling captured it neatly during the 2009 swine flu episode, when he calculated a “news-to-death ratio” of 8,176-to-1. In other words, for every death attributed to swine flu, there were over […]

Jane Street Accused Of Using Terra Telegram Backchannel Before UST Crash Authored by Zoltan Vardai via CoinTelegraph.com, A newly unsealed court filing in the Terraform Labs bankruptcy case alleges Jane Street used a private Telegram channel with former Terraform intern Bryce Pratt to obtain nonpublic information before the collapse of TerraUSD. Pratt is currently a systems developer at Jane Street.  The channel, called […]

“Drills Are Intended To Send A Signal”: Russia Holds Massive Nuclear Drills On Land, Sea And Air Alongside Belarus Trucks carrying intercontinental ballistic missiles rumbled over forest roads, atomic-powered submarines set sail from Arctic and Pacific ports, and crews scrambled into warplanes as Russia and neighboring Belarus held the final stage of their joint nuclear drills Thursday. Russian President Vladimir Putin discussed […]

US Targets Hamas Support Networks Authored by Naveen Athrappully via The Epoch Times (emphasis ours), The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning four individuals associated with a pro-Hamas flotilla that is trying to access Gaza in support of the terrorist group, the department said in a May 19 statement. Hamas terrorists secure an area before handing over an Israeli American hostage to […]

Turkey Liquidated Almost All Of Its US Treasuries In March To Defend Crashing Lira Two months ago, at the end of March, we reported that Turkey was aggressively dumping its gold reserves in a panic scramble to obtain dollar funding, which Erdogan’s regime was using to keep the Turkish lira from crashing, and to also pay for energy imports which had suddenly soared in price as a result of the Iran war. The violent selling by […]

Is The Bond Market About To Break Washington Submitted by QTR’s Fringe Finance The bond market is beginning to force reality onto Washington, and it may ultimately force an end to the Iran war long before politicians or diplomats are willing to admit it. For months, investors have focused on missiles, retaliation headlines, oil chokepoints, and the possibility of a broader regional escalation from the Iran War. During the […]

Trump EPA Targets Biden-Era Refrigerant Rules In Affordability Push Watch Live  President Trump Participates in an Announcement with the Administrator of the EPA https://t.co/lZJTv7m8HJ — The White House (@WhiteHouse) May 21, 2026 * * *  The Trump administration plans to delay compliance with Biden-era EPA regulations targeting hydrofluorocarbons later today. These regulations apply to refrigerants used in air conditioners, […]

US PMIs Lead The World As Manufacturing Tops 4-Year Highs, Services Sink Following Japan’s ugly PMIs (Services lowest since March 2025) and Europe’s disaster (weakest composite EU PMI since late 2023)… …with prices surging… All eyes are on the US ‘soft’ survey data for signs of divergence (or contagion). With US ‘hard’ data improving notably, the preliminary soft survey data for May was mixed with improved performance […]

Lilly’s Next-Gen Weight-Loss Drug Clears Trial With Near-Bariatric Surgery Results Eli Lilly reported positive Phase 3 results for its next-generation obesity drug, retatrutide, which delivered weight-loss results on par with those of bariatric surgery. In the TRIUMPH-1 trial, overweight adults, but without diabetes, achieved meaningful weight loss across all tested doses after 80 weeks: 12 mg dose: average weight loss of 70.3 […]

The Water Economics Of Data Centers Vs. Almond Farms & Golf Courses A recent Gallup poll shows that nearly 70% of Americans oppose the construction of a data center in their communities, highlighting the rise of local resistance movements against hyperscaler buildouts. This resistance is driven by concerns over skyrocketing power bills, the destruction of farmland as it is transformed into industrial-scale AI infrastructure, and […]

Walmart Tumbles On Disappointing Guidance; Warns Low-Income Consumers Drowning, High Fuel Costs Will Hit Profit Extending concerns about US consumer weakness – now that the bumper OBBBA tax refund period is over – after yesterday’s earnings by Home Depot and Target, this morning Walmart reported Q1 earnings (the last big company to report, rounding out earnings season) and warned that fuel costs are squeezing the company’s bottom […]

FBI Charges Assistant US Attorney For Stealing Smith Report Docs In Trump ‘Witch Hunt’ Case Authored by Jonathan Turley, Former Justice Department prosecutor Carmen Mercedes Lineberger has been indicted for allegedly removing confidential Justice Department material and then concealing her efforts. Lineberger is accused of secretly transferring Jack Smith’s final report and hiding the material under files labeled “chocolate […]

Renter Nation Returns? Multi-Family Unit Starts & Permits Soar In April On the back of a small uptick in homebuilder confidence (though still languishing)… …Building Permits jumped notably (+5.8% MoM vs +2.5% exp) in preliminary April data (while Housing Starts dipped 2.8% MoM, though less than the 5.2% MoM decline expected)… The pace of starts and permits on a SAAR basis has remained flat for four years… […]

Foreign Treasury Selling Is Getting Serious Submitted by QTR’s Fringe Finance We already knew that the bond market was starting to call bullshit on America’s fiscal and monetary policy. Now we know that foreign governments are dumping U.S. Treasuries, and China is leading the way…even while President Trump pals around with President Xi Jinping. According to CNBC, foreign holdings of U.S. government debt fell sharply in […]