Schiff: "Real Rates Are Going To Collapse"; Dollar Confidence Crisis

KOSPI, Samsung Soar After 11th-Hour Union Deal Averts Chip Strike; Workers Eye $340k Bonuses South Korea's benchmark KOSPI jumped overnight after Samsung Electronics reached a tentative wage-and-bonus agreement with its main labor union, neutralizing the immediate risk of a paralyzing strike at the world's largest memory-chip producer. The wage-and-bonus deal removes a major supply-chain threat in an already tight memory market, where AI data center buildouts have driven surging demand, soaring prices, and heightened procurement risk across global semiconductor supply chains. Samsung Electronics' shares surged after it clinched an 11th-hour deal with...

The Democratic Party Is Dead, Long Live The Jacobins! Authored by Victor Davis Hanson via American Greatness, For the past century, the agendas of the Democratic Party were predictable. They professed concern for working Americans and supported blue-collar unions. Unemployment insurance, a 40-hour work week, disability insurance, and Social Security were their trademarks—often rapidly achieved by growing government bureaucracies and continually raising taxes. Still, many Democrats were socially conservative. By the 1970s, Democrats still deplored antisemitism. Party officials had rejected their own segregationists to champion civil rights. Presidents like Franklin Roosevelt, Harry Truman, and...

US Central Command announced on Thursday that it bombed an oil tanker for the third time this week in the Gulf of Oman as part of its enforcement of the blockade of Iranian ports, which comes after India confirmed the previous US attack on a tanker killed three Indian crew members. CENTCOM said its latest […]