Iraq Claims Top Spot Among OPEC Crude Suppliers To The US Authored by Charles Kennedy via OilPrice.com, Iraq exported nearly 7 million barrels of crude to the U.S. in May, surpassing all other OPEC members. The surge in Iraqi shipments meets U.S. demand for heavier Middle Eastern crude grades amid OPEC+ output cuts. Rising oil exports provide vital fiscal support for Iraq, where crude sales generate about 90% of […]

RFK Jr. Unloads Disturbing Vaccine Secrets On Tucker… And Surprises Everyone On Trump Via VigilantFox.com, It’s not every day an active HHS Secretary sits down for 90 minutes straight with Tucker Carlson. But that’s exactly what happened, and Kennedy instantly seized Carlson’s attention with a chilling story of CDC corruption. He revealed that the health agency buried a 1999 internal study led by researcher Thomas […]

Elon Musk’s xAI Raises $10B As Trump Threatens To Unleash DOGE On Him Authored by Amin Haqshanas via CoinTelegraph.com, Elon Musk’s artificial intelligence firm xAI secured $10 billion in fresh capital, doubling down on its challenge to OpenAI as the race to dominate the AI landscape intensifies. The funds were evenly split between secured debt and strategic equity investments. The influx gives xAI more resources to expand its […]

Takeover Begins: Robots Set To Outnumber Humans At Amazon Warehouses Amazon hasn’t set a public date for fully replacing warehouse workers with robots, but all indicators suggest a gradual transition is well underway, with significant workforce reductions likely, alongside productivity gains driven by automation and AI through the 2030s. The Wall Street Journal reported that Amazon, the nation’s second-largest private employer in […]

Noem Accuses Anti-ICE App Developer Of Obstructing Justice; Leavitt Blasts CNN For “Promoting” It Authored by Luis Cornelio via Headline USA, Homeland Security Secretary Kristi Noem said Monday that “ICEBlock,” an app designed to alert individuals of immigration enforcement operations, appeared to constitute obstruction of justice.  “This sure looks like obstruction of justice,” Noem wrote on X, responding to […]

Attorneys Push For Class Action In Birthright Citizenship Case After Supreme Court Ruling Authored by Sam Dorman via The Epoch Times, Attorneys are urging a federal judge in Maryland to use an alternative legal mechanism for granting a sweeping block on President Donald Trump’s birthright citizenship order after the Supreme Court ruled against the use of nationwide injunctions. A conference on June 30 marked the first set of […]

Circle Applies For US Trust Bank Charter To Manage Its USDC Reserve Authored by Stephen Katte via CoinTelegraph.com, Stablecoin issuer Circle has applied to establish a national trust bank in the United States that, among other duties, would oversee the firm’s USDC reserve on behalf of its US issuer.  If the application is approved by the US Office of the Comptroller of the Currency (OCC), Circle’s First National Digital […]

Senate Passes Trump’s $3.3 Trillion Tax And Spending Bill Update (1207ET): The Senate has passed the GOP’s tax & spending cuts bill by a vote of 51-50.  🚨 BREAKING: Trump’s One Big Beautiful Bill has officially PASSED the U.S. Senate, with JD Vance breaking the tie It now heads back to the House for a vote on the changes made. It COULD still hit Trump’s desk by July 4th. pic.twitter.com/qszGm5sAt3 — Nick Sortor […]

Alligator Alcatraz Live: Trump Tours New Illegal Alien Deportation Camp In Florida Swamp President Donald Trump arrived at a newly constructed migrant detention center in the Florida Everglades, referred to by some as “Alligator Alcatraz.”  JUST IN: President Trump has arrived at “Alligator Alcatraz.” pic.twitter.com/sLtToKlReY — Resist the Mainstream (@ResisttheMS) July 1, 2025 Alligator Alcatraz is a detention, processing, […]

“Party’s Over”: Auto Sales Sputter After Tariff-Fueled Surge The auto sales slowdown that emerged in June is largely a hangover from the spring surge, when consumers rushed to dealerships nationwide to beat tariff hikes sparked by President Trump’s escalating trade war and new tariffs on trading partners. With affordability still worsening and economic uncertainty elevated, industry researcher J.D. Power now expects sales to […]

Trump Vs. Musk: “Big, Beautiful Bill” Feud Sparks Overnight Political Firestorm Update (0800 ET): Elon Musk on President Trump this morning: So tempting to escalate this. So, so tempting. But I will refrain for now. — Elon Musk (@elonmusk) July 1, 2025 Musk continued:  And how are we supposed to reach Mars if America goes de facto bankrupt? — Elon Musk (@elonmusk) July 1, 2025 *   *   *  Update (0800 ET): President […]

Oklahoma Ends Recommendation To Add Fluoride To Water Authored by Zachary Stieber via The Epoch Times (emphasis ours), The Oklahoma State Department of Health has removed its recommendation that fluoride be added to public water systems, joining a growing number of states that have rolled back similar guidance. Oklahoma Gov. Kevin Stitt (L) with U.S. Health Secretary Robert F. Kennedy Jr. (R) at the Oklahoma State Capitol on June […]

FBI Charges 4 Californians In Largest-Ever COVID Tax Credit Fraud Scheme Authored by Naveen Athrappully via The Epoch Times (emphasis ours), Four Californians were charged by a federal grand jury on June 11 for their alleged involvement in a $93 million COVID-19 tax credit fraud scheme, deemed to be the “largest ever identified,” the FBI said in a June 26 statement. The Federal Bureau of Investigation (FBI) headquarters in […]

Labor Market Rebounds As Job Openings Unexpectedly Soar One month after the BLS reported that in April the labor market rebounded, as the number of job openings rose sharply by 191K to 7.4 million, and far above estimates of a 7.1 million print, moments ago we got another indication that the labor market is staging a remarkable rebound when the BLS reported that in May the number of job openings soared by 374K to 7.769 million, […]

B-2 Or Not B-2? That Is The Dollar Question By Michael Every of Rabobank Equity markets at new record highs continue to think 2025 is more of the same-old, same-old. Bond markets whispering about a series of Fed rate cuts do too. Yet the US dollar just had its worst H1 — down around 10% — in over five decades.  Those in markets who know economic history recall this was when the gold-backed-dollar Bretton Woods system was […]

Manufacturing Surveys Soared In June… But So Did Prices Despite ‘hard’ data plummeting, catching down to ‘soft’ data’s early demise, expectations were for a modest rise in Manufacturing survey data this morning. S&P Global Manufacturing PMI rose from 52.0 to 52.9 in June (better than 52.0 exp) – the strongest in over 3 years ISM Manufacturing rose from 48.5 to 49.0 (better than 48.8 exp) – highest since Feb 2025 For […]

“Seize The Means Of Production”: Mamdani Lays Bare His Agenda Submitted by QTR’s Fringe Finance “When someone shows you who they are, believe them the first time.” – Maya Angelou Zohran Mamdani’s run for mayor of New York City is a clear and present danger to the stability, economic health, and democratic foundation of both the city and the nation. His platform is rooted in a radical socialist ideology that has, time and […]

Media Forced To Admit Trump’s Tariffs Are Working As Revenues Spike The debate is raging this week over increased government spending and the potential raising of the debt ceiling by $5 trillion, with many fiscal conservatives splitting with the GOP and the Trump Administration over what they feel is a betrayal of their campaign promises to reduce government waste.  Trump argues that all the elements included in his “big beautiful […]

Futures Drop As Trade Concerns, Trump-Musk Feud Returns US equity futures – which closed at a fresh all time high after the best quarter since 2023 put them in extremely overbought territory – are weaker, dragged by Tech as TSLA is -5% pre-mkt on Musk vs Trump part 2. Pre-mkt, the balance of Mag7 is mixed with Staples outperforming. As of 8:00am, S&P futures are down 0.2% following two successive closes at all-time highs […]

The Bond Canary In The “Big Beautiful” Coal Mine Submitted by QTR’s Fringe Finance With the passage of President Trump’s so-called “Big Beautiful Bill”—a sprawling new fiscal stimulus and infrastructure package—the U.S. bond market should be in the spotlight, if you ask me. This legislation, which mostly accelerates deficit spending at a time when debt servicing costs are already surging, is colliding with a Treasury […]

Watch: Rare Footage Of Kim Jong Un Mourning Over Coffins Of DPRK Troops Killed In Ukraine War In a surprising first, North Korea’s state-run media aired footage on Monday showing leader Kim Jong-un mourning the deaths of North Korean soldiers, said to be killed while fighting in Russia’s war in Ukraine as part of allied forces. Primarily the estimated ten to fourteen thousand DPRK troops dispatched to assist Moscow fought in […]

Too Late To Buy Gold? Not Even Close… Authored by Matthew Piepenburg via VonGreyerz.gold, Many are wondering if it’s too late to buy gold, that gold has peaked and they have missed their opportunity. We hope the below series of facts, figures and common-sense reality-checks will put such fears squarely to rest, as gold’s role, price direction and days are only just beginning. A Light House in the Fog In a world of […]

The No-Win Bubble “Wealth Effect”: Either Way We Lose Authored by Charles Hugh Smith via OfTwoMinds blog, I have endeavored to explain how our economy has changed dramatically over the past 50 years beneath the surface. Nothing that’s going to happen in the future will make sense unless we understand this, so refill your beverage of choice and let’s go through what changed. Wages gained ground 1945 – 1975, and lost ground 1975 – […]

Winding Up For A Comeback: UBS Eyes Rolex Recovery Cycle  A team of UBS analysts led by Zuzanna Pusz pointed to new June data from the KOF Swiss Economic Institute showing deteriorating sentiment across Swiss watchmakers, further validating their cautious stance on the global luxury market. June readings from the KOF Swiss Economic Institute (monthly survey of Swiss watch producers) show that expectations of production plans […]

How The IMF Prevents Global Bitcoin Adoption (And Why They Do It) Authored by Daniel Batten via BitcoinMagazine.com, The Global Pattern In recent years the IMF has: Successfully pressured El Salvador to (de facto) drop Bitcoin as legal tender, and rollback other Bitcoin policies Successfully pressured CAR’s 2023 Bitcoin repeal through regional banking bodies Been responsible for the lack of follow through from […]