Yes, the Latest Bank Bailout Is Really a Bailout, and You Are Paying for It.

Federal Court Blocks Abortion Drug Mifepristone From Being Sent Via Mail Authored by Jacki Thrapp via The Epoch Times, Americans won’t be able to receive abortion drug mifepristone in the mail, according to a temporary ruling by the U.S. Fifth Circuit Court on May 1. “FDA conceded it had failed to adequately study whether remotely prescribing mifepristone is safe,” the three-judge panel in New Orleans ruled on Friday. The decision will block the drug from being shipped via mail until the Food and Drug Administration (FDA) can ensure the drugs are “safe and...

Can You Price In No Longer Pricing Things In? By Michael Every of Rabobank At this point it isn’t a random walk but a determined march: markets have decided the Iran war and the Hormuz blockades are over, and everything is going to be better than normal imminently: the Nasdaq and S&P are at all-time highs and even worries over private credit are receding. In the real world, there are signs that back that stance and ones that say otherwise. Iran warned it could sink US ships in Hormuz if they police...

President Trump Agrees To 2-Week Iran Ceasefire (If Strait Is Opened Immediately) Summary:  President Trump agrees to a two-week ceasefire with Iran, conditional on them "agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz" Israel has reportedly agreed to suspend bombing while talks are ongoing. Axios cites "glimmer" of progress on negotiations. Prime Minister Shehbaz Sharif introduces last minute olive branch extension plan, hoping that the US will avoid its decimation campaign. Israel has begun attacking Iran's railway infrastructure, telling civilians to not take trains, cancelations across country. IRGC still defiant - announces...