What Have You Learned In The Last 6 Hard Years?

Tulsi Gabbard Resigns As Director Of National Intelligence Tulsi Gabbard is stepping down from her role as Director of National Intelligence (DNI) to support her husband, Abraham, as he battles an extremely rare form of bone cancer, according to Fox News. Gabbard informed President Donald Trump of her decision during a meeting in the Oval Office on Friday. Her last day at the Office of the Director of National Intelligence (ODNI) will be June 30, 2026. In her formal resignation letter, obtained exclusively by Fox, Gabbard expressed deep gratitude to Trump, writing: "I am...

"We Saw It. We Passed": Blue Owl Fails To Secure Third Party Funding For $4 Billion Data Center As we discussed extensively yesterday, Blue Owl already has huge headaches with its software exposure, being forced to dump a substantial amount of its SaaS-linked loans (to related parties among others) as it gates retail investors in its private credit fund amid a tsunami of redemption requests. We now learn that the massive private credit asset manager is also facing major hardware challenges too.  According to Insider, Blue Owl - which is also...

Consumers Face Fiscal-Cliff As Tax-Refund Sugar-High Fades Nearly two months of the national average gasoline price exceeding the politically sensitive $4-per-gallon level have left corporate America increasingly worried about consumer health this earnings season. Kraft Heinz's CEO warned that some households are "literally running out of money," while UBS analysts caution that even as the AI-linked chip and memory bubble inflates markets to new highs, there are growing "consumer cracks beneath the surface." The Financial Times reports that U.S. consumers may face a cash crunch this summer as Trump-era tax refund...