Wildfire And Drought Risks Spike As California Enters Dry Season With Just 18% Snowpack

Ruthless Taxation And The Hyperstate: How Germany Profits From Crisis Submitted by Thomas Kolbe, The Hormuz crisis offers us a profound insight into the real power structures in Germany. Nothing seems able to convince the Berlin monolith to partially shield its citizens from the consequences at gas stations through tax cuts. It is now unavoidable that the Iran shock will translate into an inflation driver, working its way through economic value chains into consumer prices. These developments almost force a reduction of the tax burden on households and the middle class. It...

Trump Weighs Federal Challenge To Mamdani's Socialist Tax "Experiment," Warns It Will Doom NYC Summary: Trump Weighs Federal Challenge to New York Pied-à-Terre Tax Judge Temporarily Blocks Mamdani's Socialist Tax Scheme Trump Weighs Federal Challenge to New York Pied-à-Terre Tax President Trump said in a Truth Social post around lunchtime that his administration is examining whether the federal government has the legal authority to block NYC Mayor Zohran Mamdani's dangerous political "experiment" before it can "destroy what was once a great City and State." "It is pure Amateur Hour, and it's hard, as President of...

Futures Flat Ahead Of Fed, Mag 7 Earnings Avalanche S&P futures are flat with Nasdaq outperforming ahead of a huge day for tech. Alphabet, Amazon, Meta and Microsoft, representing nearly 20% of S&P market cap, report after the close, with traders focused on capex. The group has a combined options implied move of more than $750 billion of market cap in either direction. As of 8:00am ET, S&P futures are unchanged; Nasdaq futures rise 0.3% amid dip buying following strong results from Seagate, after the index slipped more than 1% in...