Amid Saber-Rattling, Iran Touts Economic Benefits To West If Nuclear Deal Reached

War Unicorn Hermeus Raises $350 Million For Unmanned Supersonic Fighter Jets Atlanta-based aerospace startup Hermeus Corp. has secured $350 million in a funding round that values the builder of uncrewed supersonic and hypersonic fighters at north of $1 billion, according to a Bloomberg report. Today we’re announcing a $350 million Series C financing led by @khoslaventures, bringing us to a $1B valuation. Our mission is straightforward: build today’s fastest aircraft for the American Warfighter. The concept is simple but the task is monumental. We still have so much… pic.twitter.com/60YSZ3Qpxh — Hermeus (@hermeuscorp) April 7,...

The Pentagon is developing options for a potential major escalation against Iran that could involve ground troops and an intensified bombing campaign, Axios reported on Thursday. US officials and other sources speaking to Axios reporter Barak Ravid, a former IDF intelligence officer, described the potential escalation as a “final blow” that would give Trump more […]

"Shockingly Bad" Chinese Econ Data Stuns Wall Street, Sparks Hard Landing Concerns Confirming our Sunday preview, overnight China reported growth data which slowed across the board in April with investment resuming declines, retail sales missing sales and growing at the weakest rate in 4 years while industrial production rose at the slowest pace in three years, calling into question Beijing's reluctance to add stimulus to the economy as a global energy crisis hits factories and consumers across the world. China's Monday data dump of official data on Monday painted a picture of...