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A mass shooting in a Chicago park left one person dead and at least 13 others injured. The shooting unfolded during a gathering on the eastern side of Chicago’s Washington Park around 11:37 p.m. Saturday. Police were already at the scene because they were trying to break up the gathering when an unknown person began … Read more
💀💀 Rate hike in Japan soon. Within a few weeks. https://t.co/09jO1Q1UZq — QE Infinity (@StealthQE4) August 31, 2026 Hey 🇯🇵 Bank of Japan, you're losing control of your yield curve. https://t.co/xaS860MjkY pic.twitter.com/TYQIqVFnSM — Financelot (@FinanceLancelot) August 31, 2026 Everyone is watching for the yen carry trade to unwind. They are watching the wrong thing. The … Read more
I won’t tell anyone when I make it, but there will be signs. pic.twitter.com/ahzDR32mG3 — Mr. Turtle (@TheMisterTurtle) August 29, 2026
Iran doesn’t necessarily have to overwhelm America’s defenses. It can force America to keep spending extremely expensive missiles to maintain them. Iran retaliates after first US strikes in a month Iran attacked US military targets in the Middle East on Monday in retaliation for the first American strikes on its territory in a month, in … Read more
Is China trying to bail out it’s beleaguered real estate market? That seems to be the case with the latest schemes aimed at stabilizing the sector. The timing isn’t a surprise nor is the degree of help Beijing aims to offer given the state of banks and the economy over there.
Treasury Secretary Scott Bessent and Federal Reserve Chairman Kevin Warsh deliver remarks to kick off Monday’s gathering of the Group of 20 finance ministers in Asheville, North Carolina. The meeting of international finance leaders, central bank governors and other top officials comes at a precarious time for the world economy, as President Donald Trump’s war … Read more
The box story is no longer just about Amazon using smaller packaging. US corrugated box demand has weakened enough that 2025 shipments fell to their lowest per-capita level in decades, while domestic pulpwood prices have collapsed in several major timber regions. Cardboard box demand is one of the cleanest reads on the real goods economy. … Read more
Employers are already considering dropping expensive benefits, including GLP-1 coverage, while ACA premiums are headed for another large increase. So you’re not just looking at an insurance company problem. The costs are starting to change what employers are willing to cover. And the progression is nasty: 2026: 20% median finalized ACA increase 2027: 15% median … Read more
The Geological Agency raised Sinabung from Level II to Level III after detecting a significant increase in volcanic activity. The agency says the eruption was still ongoing when its special report was issued and warns that a larger eruption remains possible. https://geologi.esdm.go.id/media-center/kenaikan-tingkat-aktivitas-g-sinabung-sumatera-utara-dari-level-ii-waspada-menjadi-level-iii-siaga-tanggal-31-agustus-2026-pukul-12-00-wib Sinabung eruption sends ash 3,500 meters above summit The eruption started at 10:17 … Read more
The $40 trillion headline gets all the attention. The harder problem is that Washington keeps adding debt while the promises sitting outside that number keep growing too. The US National Debt has increased by over $700 billion since July 1st. The Federal Government is borrowing from our future to spend like drunken sailors today. Everything … Read more
by Michael There are tens of millions of Americans that are currently living in third world conditions, and poverty, hunger and homelessness are growing all around us. Many of our most important urban areas have become rotting, decaying, drug-infested hellholes. Meanwhile, there are vast stretches of rural America that look like they have been totally … Read more
Japan just spent $100 billion rescuing the yen. Not over several years. Not during some historic financial crisis. In less than one month. This wasn’t just Japan acting alone, either. But now the yen is right back down past 160 again. What does this mean…for the dollar?
by Michael It appears that Russia is gearing up for a really big move. The Ukrainians believe that plans are being made for a ground operation to conquer Kyiv, and the constant wave of airstrikes that we are witnessing right now could be a prelude to such a ground operation. If Vladimir Putin actually pulls … Read more
Great quarter for Affirm. However, that $14.1 billion in BNPL purchases also shows just how hard consumers are stretching their finances. Consumers just financed a record $14.1B of purchases through Affirm in a single quarter. The stock rose 9% on its first GAAP profit. Buy-now-pay-later scales fastest when households are stretching a paycheck across four … Read more
People may be missing after Saturday’s wall of water in Bright Angel Canyon. First number was about 20 unaccounted. Later they walked it toward 15. Working estimate. Not a body count. Flood hit around 2:30 Saturday. Almost every footbridge on Bright Angel Creek is gone. 62 people already flown out. More lifts from Cottonwood and … Read more
#BREAKING: City garbage truck workers will NOT face any criminal charges after they used the truck’s hydraulic claw to pick up a homeless woman sleeping in a pile of trash… and crushed her. After they realized what they had done, they never called 911. The police report says they, “didn’t think she was really hurt” … Read more
Ex-marine Ken O'Keefe: "The whole system is based on financial fraud, which effectively takes the power that we have and it gives it to a tiny group of individuals who are running the world through… the infinite supply of money that we have allowed them to take." "And with… — ThePatrioticBlonde™🇺🇸 (@ImBreckWorsham) August 29, 2026
Warren Buffett will be celebrating his 96th birthday on Sunday. Even though he is no longer Berkshire Hathaway’s CEO, he remains very involved as chairman, apparently continuing to make the big decisions on equities, including the addition in recent quarters of what is now a $36.6 billion stake in Google parent Alphabet . Berkshire investors, … Read more
AI is starting to move from demos to contracts. The interesting part is that the companies already sitting inside corporate software may be the ones collecting the money. AI just drove 25% of Workday's new contract value in a single quarter. Its AI business is closing in on $600M of annual recurring revenue. Enterprise AI … Read more
