Fed Remains On Hold (As Expected) Amid 'Uncertain Implications' Of War With Iran

Odds Of SCOTUS Striking Down Trump's Birthright Citizenship EO Spike Update (1240ET): Odds are not looking good for President Trump's executive order restricting birthright citizenship, as two conservative justices now seem skeptical amid today's oral arguments.  As journalist Eric Daugherty notes on X, "SCOTUS Justice John Roberts is VERY skeptical of President Trump ending birthright citizenship, repeatedly firing back at Trump's top lawyer," noting that Roberts paid no mind when US Solicitor General John Sauer brought up the fact that China has 500 birth tourism companies that bring people to the US to have children.  "That has no impact on the...

Explosion In Data-Centers Fueling Third Wave Of Inflation We're finally starting to see hints of relief when it comes to inflation. Prices at the pump are starting to come down, monthly core CPI momentum has slowed, used cars were down around 2% YoY, and food inflation is starting to moderate. On the other hand, there's America's massive explosion in artificial-intelligence infrastructure - which is beginning to push prices up on everything from electricity to smartphones. On Thursday Apple announced a 15-25% price hike on Mac computers and iPads, after CEO Tim Cook told the Wall Street...

A senior Israeli military official said that the peace proposal being discussed by the US and Iran is a bad deal for Israel.  Ynet reports a senior official in the IDF said that the peace proposal being negotiated between the US and Israel would be “a bad deal for Israel.” The US and Israel started […]