The Private Credit Crisis Is Spreading

Pope Leo XIV on Friday suggested that Christian leaders responsible for wars should examine their conscience and make a confession, as the US-born pontiff continues to make appeals for peace following the start of the US-Israeli war against Iran. “One might ask: do those Christians who bear grave responsibility in armed conflicts have the humility […]

Diesel Surges Above $8 In San Fran As Gulf Shock Exposes California's Disastrous Policies The Gulf energy shock is exposing the consequences of California’s economic mismanagement under the state’s one-party rule of Democratic kings and queens. Years of failed "green" policies, regulatory overreach, high taxes, endless environmental mandates, and heavy reliance on Asian refineries have transformed California into an energy island highly vulnerable to global fuel shocks, with San Francisco becoming the first U.S. city on Saturday to top $8 a gallon for diesel. "For the first time ever, GasBuddy...

FCC Bans Foreign-Made Wireless Routers The FCC has banned the import of all new foreign-made consumer wireless routers, citing "severe national security risks". The decision, announced today, follows a White House-convened inter-agency review that determined these devices - primarily those manufactured overseas - pose unacceptable threats to US households, critical infrastructure, and the economy. Major brands like TP-Link (which holds a dominant share of the U.S. market), Netgear, Google Nest, Amazon Eero, Cisco, Linksys, and Asus produce most models abroad, often in China, which controls an estimated 60% of the U.S. home...