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Trump Fires Pam Bondi As Attorney General, Blanche To Be Acting AG
Trump Fires Pam Bondi As Attorney General, Blanche To Be Acting AG
Update (1315ET): President Donald Trump has ousted Attorney General Pam Bondi, multiple outlets report. Deputy Attorney General Todd Blanche is serving as acting AG in the interim.
The move comes amid White House frustration with Bondi’s leadership at the Justice Department - particularly her handling of the Jeffrey Epstein files and what Trump viewed as insufficient aggression in targeting his political opponents. Trump had privately discussed firing her and floated EPA Administrator Lee Zeldin (or Blanche) as a possible replacement.
Bondi...
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Jul 11, 2026 / Tyler Durden
Without Subsidies, Is AI Unaffordable?
Without Subsidies, Is AI Unaffordable?
Authored by Charles Hugh Smith via OfTwoMinds blog,
Let's pull all this into an undeniable conclusion: AI is based on massively subsidizing users' costs.
What's already abundantly clear but verboten to say as it would pop the bubble of AI valuations and triumphalism is that AI is unaffordable once the direct and indirect subsidies are withdrawn. Nothing that consumes this much electricity and requires such an immense scale of costly processing and memory capacity can be low-cost, never mind free.
The major AI platforms and vendors are subsidizing corporate...
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Mar 27, 2026 / Tyler Durden
Trump Fails To Jawbone Market As Futures, Bitcoin Tumble; Oil And Yields Soar
Trump Fails To Jawbone Market As Futures, Bitcoin Tumble; Oil And Yields Soar
Futures are sharply lower, erasing modest overnight gains and trading near session lows as Brent crude futures are back above $110 a barrel after erasing an earlier fall and knocking broader risk sentiment off course in the process. There didn’t appear to be a single catalyst for the oil turnaround, although a steady stream of drone and missile attacks in the Middle East will have played a role and erased what little optimism Trump's 10 day delay to an Iranian energy plant...
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Jul 11, 2026 / Tyler Durden
Was SK Hynix's US Debut The AI Bubble Top? BNP Says It's Still 1998
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