US Launches Three Airstrikes in Somalia as Bombing Campaign Continues With Virtually No Media Coverage

Although it's true that many government-driven price hikes in recent years aren’t “inflation” in the strict sense, the pain they cause is just as real. Warsh’s push to narrow what the Fed counts as inflation—so it can justify even more inflation—is alarming.

The US military has bombed a port on Iran’s Qeshm island in the Strait of Hormuz as well as the Iranian port city of Bandar Abbas, a US official told Fox News reporter Jennifer Griffin, in what is likely the resumption of full-scale war in the region. The official claimed to Griffin that the US […]

Futures Flat, Oil Jumps After Iran Peace Talks Break Down US equity futures are off a touch as the US/IranIran failed to consummate a deal, which is boosting Energy commodities and bond yields. Still, stocks have withstood the resulting increase in oil prices and higher bond yields as the market remains focused on the memory/semi stock bubble. As of 8:00am ET, S&P and Nasdaq 100 futures are down fractionally as Trump and Iran rejected each other’s latest peace proposals to end the 10-week conflict as the two sides struggle to maintain a...