War, Oil And Debt: Which Threats To The US Economy Are Legit?

Battle Over Ten Commandments Arrives At Supreme Court Authored by Matthew Vadum via The Epoch Times, The American Civil Liberties Union (ACLU) asked the U.S. Supreme Court on Aug. 17 to review a federal appeals court decision that upheld a Texas law requiring the display of the Ten Commandments in public school classrooms. The U.S. Court of Appeals for the Fifth Circuit cleared the way in April for the Texas law to take effect. The state law known as Senate Bill 10, or SB 10, requires that public elementary and secondary schools conspicuously...

SK Hynix Evacuates Thousands Of Workers At Chip Plant After Fire, Toxic Gas Leak One week, unions are threatening labor action at memory giant Samsung. The next, SK Hynix suffers an industrial accident. Together, the events highlight just how fragile the global memory supply chain has become at a time when AI data center buildouts have already pushed memory chip supply into extraordinarily tight territory. South Korea's main national wire service, Yonhap News Agency, reports that SK Hynix, the world's second-largest DRAM producer, evacuated about 3,600 workers from its Cheongju semiconductor...

UMich Sentiment Rebounds From 46-Year Record Low In June, Inflation Fears Fade Further Having rebounded from record (46 year) lows in preliminary June data, University of Michigan's final June Sentiment survey was expected to show further improvement as gas prices have fallen since the US-Iran 'peace' MoU signing. And it did with the headline index rising from 48.9 flash and 44.8 prior to 49.5 (but that was below the 50.0 expectation)... Both Current Conditions and the Expectations Index also rebounded with the former outperforming... Consumer sentiment confirmed its early-month reading, rising about 10%...