Trump Administration Drops First Batch Of UAP/UFO Files On Friday, the Trump administration released the first official tranche of declassified UAP (Unidentified Anomalous Phenomena) and UFO files through the new Presidential Unsealing and Reporting System for UAP Encounters (PURSUE) – which of course was the alternative to the real incriminating Elite Presidential Shielding Taskforce Ensuring Impunity Now (EPSTEIN) files. ack […]

US Jobs Jump 115K, Smashing Estimates; Unemployment Rate Unchanged At 4.3% In his preview of today’s NFP report, Goldman’s Delta One head wrote that “NFP almost feels like a sideshow at this point. You can argue weak labor data gives a Warsh led Fed enough cover to cut, but with oil and input inflation still elevated there’s also an argument that a weakening labor market alongside a constrained Fed is actually the more difficult […]

Ukrainian Drone Strike Paralyzes Airports Across All Southern Russia Russian cities and communities are busy preparing Victory Day WW2 memorial events all across the country ahead of Saturday, and so security is already on edge and on high alert, especially in the Moscow area, given that Ukraine’s devastating cross-border drone attacks have persisted and expanded of late. On Friday air traffic at 13 airports across southern Russia […]

OpenAI Valuation Doubts Loom As Softbank Scales Back Margin Loan SoftBank Group’s abrupt scaling back of a planned $10 billion margin loan backed by its roughly 13% stake in OpenAI – now targeting as little as $6 billion – reveals deepening lender unease over the AI giant’s $852 billion post-money valuation set in March 2026. The move follows earlier $40 billion bridge financing and comes amid reports that OpenAI missed […]

Pandemic? Trump Remains Confident Hantavirus Situation Under Control Authored by Kimberley Hayek via The Epoch Times, President Donald Trump said on May 7 that he had been briefed on a hantavirus cluster tied to a cruise ship and that he was hopeful that the situation was still contained, as federal health authorities track the American passengers who returned home. The president also said he expected more information on Friday. […]

Futures Rebound, Trade At All Time Highs On, What Else: Tech And Iran Optimism US equity futures are higher and just shy of a new record, with technology names leading futures higher ahead of April jobs report, after Trump’s assertion that the Iran ceasefire is still holding despite an exchange of weapons between the US and Iran overnight, and a deep weekly loss for oil help futures regain positive momentum. Markets are higher […]

Gilt Yields Fall As Starmer Vows To Stay On After Farage’s Reform UK Storms To Historic Gains In ‘Midterms’ Update (0800ET): After hitting 28-year highs earlier in the week, UK gilt yields are lower as UK PM Keir Starmer said he had no plans to step aside as Labour leader after early results in local elections showed Nigel Farage’s populist Reform UK racking up sweeping gains over Britain’s governing party. Cable is also […]

Megadrought: We Just Experienced The Driest First Three Months Of A Year In US History Authored by Michael Snyder via The Economic Collapse blog, January, February and March were insanely dry. In fact, in all of U.S. history conditions have never been so dry during the first three months of the year. Just think about that for a moment. Not even during the Dust Bowl days of the 1930s were conditions this dry. Many were hoping that […]

Iranian Army Commandos Seize Oil Tanker Over Export Disruption Claims The semi-official Tasnim news agency reported that Iran has seized an oil tanker, accusing it of “attempting to disrupt oil exports and the interests of the Iranian nation.” Tasnim did not elaborate on the seizure, but Iran’s official state news agency, the Islamic Republic News Agency (IRNA), stated that the Iranian military directed the tanker to Iran’s […]

US Conducts New Iran Strikes Along Hormuz Corridor – Trump Says Warships Came Under Fire By ‘Lunatics’ Summary US military attacks Iran locations on southern coast, and allegations of UAE involvement; Explosions rock Abu Dhabi. CENTCOM says intercepted Iranian counterattacks. Iran says US violated ceasefire after Centcom targeted Iranian facilities responsible for attacks; US says ceasefire not violated despite striking […]

“Thermal Event” Triggers Service Disruptions At Amazon AWS Cloud Hub In Northern Virginia Amazon Web Services said that recovery efforts are still underway after a “loss of power during a thermal event” disrupted a Northern Virginia data center on Thursday evening. “Mitigation efforts remain underway to resolve the impaired EC2 instances and degraded EBS volumes in a single Availability Zone (use1-az4) in the US-EAST-1 Region,” AWS […]

The World’s Biggest Fusion Reactor Just Hit A Milestone Authored by Haley Zaremba via OilPrice.com, The final components of ITER’s central solenoid magnet — a 59-foot, 3,000-tonne superconducting system 15 years in the making — have arrived in France, clearing a major path toward first plasma. ITER will never supply electricity to the grid; it exists purely as a research tool, and at €22 billion and counting, it’s still […]

Political Warfare? Advocacy Group With Ties To Lefty Unions Targets SpaceX IPO The SOC Investment Group is a union-aligned shareholder advocacy organization formerly known as CtW Investment Group. It works with union-sponsored pension funds to mount pressure campaigns against public companies. SOC’s latest pressure campaign appears to target Elon Musk’s SpaceX in an attempt to delay or derail the upcoming IPO. The union-affiliated […]

UK Nurseries Urged To Report ‘Racist’ Toddlers To Police In £1.3M Scheme Authored by Steve Watson via Modernity.news, Childcare workers across Wales are being trained to spot and report “racist incidents” by toddlers under fresh guidance endorsed by government ministers and bankrolled with taxpayer cash. The push, which includes lessons on “white privilege,” turns playgroups and nurseries into surveillance hubs for […]

Baltic States Warn Of Unfunded Debt Surge For Europe’s Defense Splurge In a rare outbreak of sanity from the continent that perfected kicking the can, officials on NATO’s eastern front are openly admitting what Brussels and Frankfurt have spent years denying: you can’t fund a permanent war footing with infinite borrowing and hope the bond market never notices. Estonia’s outgoing ECB rate hawk Madis Muller dropped the red […]

Hungary Returns Ukrainian Bank Cash & Gold Seized During Election Campaign Authored by Thomas Brooke via Remix News, Hungary has returned money and valuables belonging to Ukrainian state-owned bank Oschadbank after authorities seized the shipment earlier this year while it was being transported from Austria to Ukraine. Ukrainian President Volodymyr Zelensky announced the return on Telegram on Wednesday, saying the assets had […]

Russia Outraged At Its Ally Armenia For Hosting Zelensky: ‘Whose Side Of History Are You On?’ Russia is seething after its Caucasus regional ally Armenia decided to host Ukrainian President Volodymyr Zelensky for a European summit earlier this week. Moscow is further warning against Yerevan pursuing closer relations with the European Union as well. The Kremlin slammed Zelensky being hosted there, right in Russia’s own backward, as […]

The EU Is Pushing “Driver-Monitoring Cameras” – Here’s Why… Authored by Kit Knightly via Off-Guardian.org, From July of this year, every vehicle registered in the European Union will be required to have driver-monitoring cameras in place. That’s not every new car manufactured, but every car registered. The “Advanced Driver Distraction Warning” (ADDW) cameras are designed to monitor driver behaviour for signs of […]

BlackRock Private Credit Fund Cuts Asset Values By 5%, As Golub Gates After 8.5% Redemptions Just another day in private credit paradise… er, hell.  One day after Gundlach repeated his warning that the private credit crisis will end in tears for bagholders, Blackrock cut the value of its publicly-traded private credit fund by about 5%, as it – like most of its peers – struggled under the weight of troubled loans, markdowns and […]

Court Strikes Down Trump’s Replacement Tariffs; A Minor, Temporary Setback, With Sec 301 Tariffs Coming After the close on Thursday, the Court of International Trade (CIT) ruled to invalidate Trump’s latest set of universal 10% tariff imposed two months ago under Sec. 122. The administration will quickly appeal this decision before it takes effect May 12. If the case follows the same pattern as the challenge to the IEEPA tariffs […]

When Global Order Begins To Fracture Authored by Milan Adams via Preppgroup blog, There are moments in history when the world changes with noise — sirens, speeches, falling statues. And then there are moments when it changes so quietly that almost nobody realizes it is happening. We are living through the second kind. No formal announcement marked the transition. No historic summit collapsed on live television. No leader stepped […]

Pastor: U.S. Intel Warned Christian Leaders That Trump’s “Alien Files” Release Could Shatter Beliefs Zero-Point energy? Hologram theory? Consciousness is actually remote controlling our bodies via quantum microtubules in our squishy brains? How about all those dead scientists? Whatever reality is, the steady drumbeat of UFO ‘disclosures’ now apparently includes religious leaders, who are being ‘read in’ on some plan for a 2027 […]

Saudi Arabia’s $1Tn Wealth Fund Opens Shanghai Office As China Ties Deepen Via The Cradle Saudi Arabia’s Public Investment Fund (PIF) opened a second office in mainland China earlier this year, establishing a Shanghai branch to expand dealmaking and attract more Chinese investment into the kingdom, Bloomberg reports. The office was registered last year, falls under PIF’s Beijing branch, and is led by Lily Cong, a former chief […]

Chief Justice Roberts Says US Supreme Court Is Not Political Authored by Matthew Vadum via The Epoch Times, Chief Justice John Roberts said on May 6 that U.S. Supreme Court justices are not “political actors.” Roberts’s comments came at a conference in Hershey, Pennsylvania, attended by judges and attorneys from the jurisdictions covered by the U.S. Court of Appeals for the Third Circuit. That circuit encompasses […]

Uber Says AI Is Writing More Code and Slowing Hiring Growth Uber Technologies, Inc. is expanding its use of AI tools and using some of those efficiency gains to slow the pace of hiring, according to Business Insider. Speaking on the company’s first quarter earnings call, CEO Dara Khosrowshahi said autonomous coding agents now account for about 10% of Uber’s code updates. Engineers still review that output before it is committed […]