OpenAI Pauses U.K. Stargate Over "Regulation And Power Costs"

US Housing Starts Collapsed In May To Lowest Since COVID With housing inventories at recent highs, the US housing market just suffered another sentiment setback as Housing Starts crashed by 15.4% MoM in May (far worse than 2% drop expected and worse since March 2024)), following a revised 8.5% MoM drop in April. Building Permits slipped 0.7% MoM (in line with expectations)... Source: Bloomberg That pulls the Housing Starts SAAR to its lowest since COVID (after reaching the highest since 2024 in April)... Source: Bloomberg Under the hood, it was multi-family (rental) starts that...

Yesterday was a sad day for me. My dear friend and fellow principled American, Congressman Thomas Massie from Kentucky, lost the Republican primary for his seat. It is now on record as the most expensive primary congressional seat campaign in American history. Why was it this important, this pivotal? Because Massie, like Congressman Ron Paul […]

Iran Deploys Combat-Ready Mini Subs In Hormuz As US Flexes Nuclear Submarine En Route Rival submarine threats have emerged Monday amid the ongoing Strait of Hormuz showdown and as President Trump has said the ceasefire with Iran is on "massive life support". A US Navy nuclear-armed submarine has arrived in Gibraltar while en route into the Mediterranean Sea and likely Central Command or Middle East regional waters, in a very rare Pentagon admission of the whereabouts of one of America's most secretive weapons. Source: GBC News "The port visit demonstrates U.S. capability, flexibility, and...