San Francisco Judge Voices Concerns Over War Department's Ban Of Anthropic

Stocks Drift As Chips Extend Gains, Oil Slides On Positive US-Iran Talks Futures are modestly lower coming off the US holiday weekend, after equities finished higher last week with both Dow and Russell clocking new ATHs and SPX finishing in the green for the 11th time in the last 12 weeks.  As of 8:00am ET, S&P 500 futures edged down 0.1% while Nasdaq 100 contracts are higher by 0.1% with chips outperforming as usual while hyperscalers, aka "check payers" down as all Mag 7 are lower with TSLA (-1.4%) and GOOGL...

Uncertainty Rules! By Elwin de Groot, head of macro strategy at Rabobank US Treasury yields drifted higher yesterday after the Financial Times reported, citing people close to Fed Chair Kevin Warsh, that he would be prepared to raise rates as early as September if incoming inflation data surprise to the upside and markets themselves begin pricing a more hawkish path. Yet the market reaction was not confined to the front end suggesting investors were not interpreting the story in a straightforwardly hawkish manner. That ambiguity is understandable. If markets push yields higher...

Assisted Suicide Is The Logical Outcome Of Government-Controlled Medical Care Authored by William Andersen via The Mises Institute, Christianity Today recently published an article by Kristy Etheridge that was very critical of Canada’s Medical Assistance in Dying (MAID) program, something that would not be surprising, given the magazine’s evangelical Christian outlook on issues. The article—again, not surprisingly—dealt mostly with how many Christian groups, and especially the Roman Catholic Church, have spoken out against Canada’s program and similar programs in Europe and in the US. Wrote Etheridge: Many Christians spoke out against assisted suicide in the 1990s when Dr. Jack Kevorkian became...