Federal Appeals Court Allows Pentagon To Designate Anthropic As A Supply-Chain Risk

Watch: School Kids Chant "F**k ICE" In Disturbing Classroom Presentation Authored by Steve Watson via Modernity.news, A disturbing video has surfaced showing middle school students delivering a classroom presentation that openly attacks U.S. Immigration and Customs Enforcement (ICE) and promotes unchecked immigration. Dressed in black hoodies, the boys stand before their peers, chanting profanities and gesturing defiantly against the agents protecting America’s borders. The footage captures the students declaring “F*ck ICE” while raising their middle fingers to federal immigration enforcement. Students give a presentation to their class about being pro-immigration and against police officers and ICE They...

US Retail Sales Dropped In January As Weather, Weak Gas Prices Weigh This morning's retail sales data is for January (still lagging due to the govt shutdown) and is expected to be a decline (BofA's omniscient analysts see a worse than consensus drop MoM, due in large part to weather disruptions). The actual print was a decline but slightly better than expected at -0.2% MoM. Despite two months of no increase, sales rose 3.2% YoY in January (increased from December) Source: Bloomberg The decline was driven by a decline in sales at gas...

Vegetable-Oil Inflation Sends World Food Prices Higher The benchmark for global food commodity prices rose for a third consecutive month in April, hitting its highest level since early 2023, as Middle East supply disruptions, elevated energy costs, and tightening supplies of certain agricultural products appear to be driving the next leg higher in global food prices. This is a major risk we have warned about throughout the U.S.-Iran war, as energy and supply chain disruptions spread quickly through fertilizer, diesel, freight, biofuels, grains, and vegetable oils. We even treated readers to...