On Wire

Breaking news, updates, and reports on current events.

Washington tees up 40,000 heavy bombs for $2.8 billion

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The grant buys the bomb, then the same budget pays for the war that uses the bomb. Two receipts. One customer. Package. 20,000 Mk-84s and 20,000 BLU-117s. Both 2,000 pound class. I-2000 penetrators also in the stack. Paid mostly with Foreign Military Financing. US grants. Israel buys US iron. Informal notice already with congressional committees. … Read more

Iran says the tanker El Gaia hit a sea mine — CENTCOM says Iran itself struck the ship twice, by missile and by drone

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Incident Details: Iran claims the Panama-flagged tanker El Gaia hit a sea mine, but CENTCOM reports it was struck twice by Iran—once by missile and once by drone. Two sailors are missing, 23 rescued. Disputed Claims: Tehran’s mine claim is seen as false by the U.S., part of ongoing attempts to control commercial shipping in … Read more

He was hanging outside a plane at 17,000 feet – somehow, he survived

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Just 13 minutes after takeoff, the windshield of British Airways Flight 5390 suddenly blew out at 17,000 feet, ripping Captain Timothy Lancaster from his seat and leaving him hanging outside the aircraft. A flight attendant grabbed his legs and desperately held on as the captain endured freezing temperatures and winds reaching 390 mph. Somehow, the … Read more

Global debt crisis in two charts

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GLOBAL DEBT CRISIS IN ONE CHART byu/Gullible_Picture_996 inShitEconomy “World government debt surged to a record $109 TRILLION, or ~95% of global GDP. At the same time, corporate debt jumped to $179 TRILLION, also an all-time high, and equivalent to ~155% of global GDP. This makes total government and corporate debt up to nearly $300 trillion, … Read more

Only 12.4% of new-car inventory was 2027 models in late August, which could mean discounts on 2026 cars

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The auto industry is clinging to 2026. At the end of August, just 12.4% of new-vehicle inventory was 2027 model-year, according to CarGurus data shared with Business Insider. That’s a sharp break from recent patterns: At the same point in each of the past three years, roughly one-quarter of new dealership inventory was for the … Read more

Stealth startup may have cracked the AI memory crisis.

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Kepler Computing, a stealth startup led by CEO Debo Olaosebikan and CTO Sasi Manipatruni, says it developed a ferroelectric composite material that boosts memory density while cutting power needs, and it’s already working with GlobalFoundries to manufacture it. The claim lands as AI data centers have doubled SSD and hard drive prices over the past … Read more

Criminal referral filed against Philadelphia DA Larry Krasner. Criminal referral filed by federal judge, highly serious.

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A federal judge on Tuesday referred Philadelphia District Attorney Larry Krasner and one of his top prosecutors to the Department of Justice for investigation, saying evidence uncovered in a murder case may constitute perjury, obstruction of justice, and conspiracy. U.S. District Judge Paul Diamond, a George W. Bush appointee, said the evidence was “tantamount to … Read more

Warsh stare at a hike while Trump stare at him

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Markets are pricing a 94% chance the Fed hikes rates today. Since 2008, every single time expectations have been this high, the Fed has delivered. No surprises. pic.twitter.com/nDbz0xT26d — Nic (@puckrin) September 16, 2026 Decision due 2:00 pm ET. Press talk 2:30 pm. First hike since 2023 if they pull the trigger. Markets price about … Read more

War meter hits $38 billion while the House votes stop for a third time, Iran war costs $246 million per day.

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CBO put direct war cost at about $38 billion through August 1. Hegseth said $37.5 billion in July. IG had $33.4 billion through late June. $21.7 billion just to replace spent rounds. $13.1 billion interceptors. $7.3 billion cruise missiles. $1.2 billion other munitions. Extra flying hours near $11 billion. Lost gear about $1.9 billion. Extra … Read more

The U.S. debt wall is here: $8 trillion gets refinanced. The bill could jump $300 billion a year

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The government can survive one expensive year, but when trillions of old cheap debt keep getting replaced with higher-rate debt, the interest bill starts behaving like a bill that renews itself every year. CBO already projects net interest outlays rising from about $1 trillion in 2026 to $2.1 trillion in 2036. 2026 is the year … Read more

‘The Trump Administration will hold every corporation accountable for replacing American workers with cheap foreign labor.’

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Damn, that’s crazy. pic.twitter.com/SRR92oUhTR — Blane (@BlaneShipleft) September 14, 2026 A small university in Indiana keeps a second, separately registered federal record that almost nobody opens. On that record sit 9,123 graduate students, 98.3% of them foreign nationals. Trine University. Trine paid roughly $16 million to a single recruiting agency that runs… — LayoffHedge (@LayoffAI) … Read more