Appeals Court Revives Tylenol Autism Lawsuits Against Kenvue A federal appeals court has breathed new life into litigation accusing Kenvue of failing to disclose alleged risks tied to taking Tylenol during pregnancy, reversing an earlier ruling that had effectively stopped hundreds of cases, according to a new report from Bloomberg. On Monday, the 2nd U.S. Circuit Court of Appeals concluded that the trial judge went too far in […]

US Energy Efficiency: We Have Come A Long Way Via RealInvestmentAdvice.com, The graph below paints a very interesting picture of US energy efficiency and a key structural economic change in this country. For roughly 25 years after WWII, the US economy’s crude oil consumption nearly tripled. Feeding the growth were a booming post-war economy and strong population growth. To put consumption in a different context, the graph […]

Credit Card Chargebacks Surge As E-Commerce & Cashless Society Gets Messy For Consumers US consumers are disputing card purchases at a record pace, as online fraud, confusing billing practices, and sneaky subscription charges drive a surge in chargebacks. Bloomberg cites new data from research firm Juniper Research on consumers’ aggressive use of chargebacks. Last year alone, US consumers filed 158 million transaction disputes, […]

Mick Jagger Has Some Sage Advice For Trump-Hater Springsteen Authored by Steve Watson via Modernity News, Mick Jagger is pushing back against the trend of rock stars turning stages into campaign rallies, offering a refreshing contrast to Bruce Springsteen’s repeated anti-Trump outbursts. In a recent New York Times podcast interview, Jagger made his position crystal clear. While contrasting his approach with Springsteen’s, he […]

Oil Soars On Saudi-Houthi Missile Attack; Trump Reinstates Iran Blockade, Floats 20% ‘Reimbursement’ Summary Reports of Houthi missiles launched on Saudi Arabia: oil extends gains near month-highs. Trump says US blockade of Iran ports ‘reinstated’: states that US to be reimbursed at rate of 20% of cargo shipped for vessels wishing to transit. CENTCOM affirms with closure message. Strikes escalated over weekend: US hit over 140 […]

The Absurdity Of The Hunter Biden Defamation Case Authored by Jonathan Turley, I have taught torts, including defamation for over 30 years, but I have never seen the like of the Hunter Biden defamation case. The defendant made defamatory statements and then just refused to appear. That led to an equally bizarre $1.7 million award by U.S. District Judge Stephen Wilson of the Central District of California to Biden, consisting of […]

Dubai’s New East Coast Port Signals The Beginning Of End For Iran’s Hormuz Leverage Less than a week into the US-Iran conflict, specifically on March 3, we began to see the writing on the wall: Tehran’s leverage over the Strait of Hormuz would eventually erode. That would happen not only because the US military could systematically destroy IRGC’s radar sites, coastal missile batteries and drone launch sites along the maritime […]

“Don’t Let China Win”: President Trump Presses Senate On CLARITY Act In Final Stretch Authored by Micah Zimmerman via BitcoinMagazine.com, The Senate returns to Washington on July 13, with the clock running down on the most consequential piece of crypto legislation in years. Lawmakers now have roughly four weeks to schedule, debate, and pass the CLARITY Act before the August recess.  President Trump weighed in directly on […]

This Chevrolet Suburban Is The Secret Service’s New Anti-Drone Weapon For any indication of how seriously the federal government is taking the threat posed by one-way attack drones on the homeland, particularly against President Trump, look no further than the US Secret Service’s new Chevrolet Suburban. The Secret Service’s Counter-Unmanned Aerial Systems Branch operates a specially equipped Chevrolet Suburban Premier, known as […]

Lindsey Graham’s Eerie Last Words Revealed The sudden death of Sen. Lindsey Graham (R-SC) reverberated through the capital over the weekend, and some of the veteran interventionist’s final remarks have lent the loss an unsettling poignancy. Gage Skidmore/Flickr In a telephone call with an unnamed individual, Mr. Graham, 71, said he intended to seek medical attention for feeling unwell, but only after his scheduled appearance Sunday […]

Non-Citizen Voting Arrests Continue To Mount, State Officials Put On Notice Authored by Bryan Hyde via American Greatness, The Trump Justice Department has secured roughly two dozen non-citizens voting arrests, prosecutions or convictions in the last few months, with another nearly 90 more cases under investigation. Just the News reports that the wave of prosecutions represents a growing number of individuals charged in the […]

Strategy Adds $467 Million In Cash, No Bitcoin As StanChart Warns Saylor Needs Clarity In Pivot Message To Convince Investors Strategy, the largest corporate holder of Bitcoin, raised fresh capital by selling MSTR shares through its at-the-market (ATM) offering last week while leaving its BTC treasury unchanged. As CoinTelegraph’s Helen Partz reports, Strategy sold 4.8 million shares of its Class A common stock for $466.7 million […]

Mamdani’s Affordability Agenda Flops As NYC Rents Surge To Record Highs New York City’s socialist mayor, Zohran Mamdani, and his radical-left lieutenants in City Hall promised voters free bus rides, government-run grocery stores, cheap housing, and much more. Yet the dream of a left-wing utopia has not materialized. In fact, rents in the NYC metro area just hit a record high. New data from The Corcoran Group, a major residential […]

Obama Appointed Federal Judge Blocks Trump Admin’s Anti-DEI Grant Conditions Via American Greatness, A federal judge in California has blocked the Trump administration’s push to attach anti-DEI strings to federal grant money. The court ruled this week that the executive branch overstepped its constitutional authority by imposing the conditions on a group of West Coast cities and counties. Obama-nominated U.S. District Judge […]

British MP Exposes Secret Society Behind UK’s Lurch Toward Socialism Authored by Ben Sellers via Headline USA, The stunning transformation of Great Britain in recent years – from a beacon of decorum and stiff upper lips to a cautionary tale of wokeness run amok – has been blamed on everything from socialism to satanism. However, Rupert Lowe, a member of the British Parliament and founder of the organization Restore […]

Key Events This Week: CPI, PPI, Retail Sales, Warsh Testifies, China Data, And Earnings Galore As well as two epic World Cup semi-finals before that, and the start of the Open golf it’s a packed week ahead in markets, writes DB’s Jim Reid. The headline events are tomorrow’s US CPI and Wednesday’s US PPI, alongside Fed Chair Warsh’s first Humphrey–Hawkins testimony before the House Financial Services Committee (tomorrow) […]

With Graham Dead, Races Are On For Both Temporary And Permanent Senate Successors While plenty of jaws are still agape following Saturday night’s shockingly sudden death of Republican South Carolina Sen. Lindsey Graham, scheming over his vacant seat is already well underway. With Graham having been a chief champion of the West’s proxy war against Russia in Ukraine, and a zealous collaborator with Israel in promoting American warfare […]

Saudi Jets Bomb Sanaa International Airport To Stop Iranian Passenger Plane From Landing Renewed conflict continues to be potentially breaking out over Yemen, as on Monday Saudi Arabia struck the runway of the Houthi-controlled Sanaa International Airport, amid growing allegations that Iranian flights have increasingly made use of Yemen’s airspace. The Saud-backed Yemeni government which has long been locked in a civil war for the […]

Futures Slide, Oil Surges As Iran War Returns, Chip Stocks Tumble As Korea, SK Hynix Crash US equity futures are lower on a combination of US/Iran escalation (which is feeding inflationary concerns) and a violent crash in South Korean stocks (which saw SK Hynix plunge by 15% overnight, the most on record, and unironically follows its record ADR launch in the US), which has put Semis and tech under renewed pressure. On the former, […]

Watch For These Credit Signals In This Week’s Big Bank Earnings Authored by Lance Roberts via RealInvestmetAdvice.com, Price closed Friday at 7,575, sitting 1.86% above its rising 50-day moving average near 7,429 and a healthy 8.7% above the 200-day average at roughly 6,960. Both averages slope higher, and the price is above both. That is a bullish structure, full stop. The 14-day RSI reads 59, which is firmly neutral with room to […]

AI Winners Unwind Sparks Panic In South Korea As SK Hynix Suffers Record Plunge, KOSPI Dumps SK Hynix shares suffered their steepest decline on record in Seoul following Friday’s blockbuster ADR debut in New York. The sell-off spread across South Korea’s memory and data storage stocks, helping to drive the benchmark KOSPI down as much as 9% and triggering a 20-minute market-wide trading halt. SK Hynix fell 15% to 1.845 million won […]

“What Makes It Even Stranger…”: Trump Describes Saturday Night Phone Call With Lindsey Graham Hours Before Senator’s Death Update (1815ET): Officially, Graham died of an aortic dissection due to Arteriosclerotic Cardiovascular Disease, according to preliminary findings by the DC Medical Examiner – so who knows. An aortic dissection is characterized as a tearing of the aortic wall.  Update (1135ET): President Trump has […]

Trust Is Lost From Both Financial Markets And Sports Submitted by QTR’s Fringe Finance A couple of months ago I wrote that I had stopped actively trading, stopped sports betting, quit fantasy football and the likes. I also spoke out against the culture of gambling taking over our country. The reason? In short, it’s all fucking impossible to predict, there’s always going to be sharper money with better leans on short term […]

Nuclear Fuel Leader Centrus ‘At A Discount’ As Structural Uranium Enrichment Deficit Looms; Needham Needham analyst Carter Goman published a report on Centrus Energy (NYSE: LEU), reaffirming a Buy rating while cutting the price target to $264 from $314.  Recently trading around $171, the shares have lagged the broader markets year-to-date, presenting what Goman views as an attractive entry point for investors seeking exposure to […]

Britain Bets On Hydropower To Boost Energy Security Authored by Felicity Bradstock via OilPrice.com, Britain has provisionally approved three major pumped storage hydropower projects in Scotland, the first of their kind in more than 40 years. Pumped storage facilities will act as large-scale energy storage systems, helping balance intermittent wind and solar generation. The projects are expected to improve energy […]