PODCAST: Why This Recession is Different

Armed Man Named 'Jeanine' Arrested At Trump's California Golf Course Ahead Of President's Visit Authored by Kimberley Hayek via The Epoch Times, A California man carrying ammunition and with a gun in his car was arrested Sunday at President Donald Trump’s Los Angeles-area golf course after authorities say he was observed walking through the grounds, taking photographs as well as video, and appearing to monitor security preparations two days before a scheduled fundraiser there that will feature the president. The Los Angeles County Sheriff’s Department announced the arrest Tuesday as Trump prepared...

Average 7Y Auction Stops On The Screws As Foreign Demand Slides After a solid 2Y auction and a subpar 5Y auction earlier this week, moments ago we got the week's final Treasury issuance when the US auctioned off $44BN in 7Y paper in a perfectly average sale. Starting at the top, the bond priced at a high yield  of 4.260%, down modestly from 4.290% last month and in the middle of a range established in late-2023 after which the 7Y has traded between 3.50% and 5%. The auction also priced...

'Obvious Dangers': Gabbard Probing US Funding To International Biolabs Authored by Zachary Stieber via The Epoch Times, U.S. Director of National Intelligence Tulsi Gabbard and other intelligence officials are investigating U.S. funding to overseas laboratories handling biological research. Initial searches of intelligence files showed that the U.S. government has provided money to more than 120 biolaboratories in more than 30 countries, a spokesperson for the Office of the Director of National Intelligence told The Epoch Times in an email on May 12. That includes biolabs in Ukraine that “may be at risk of...