Twin Suicide Attacks Rock Algerian City Near Where Pope Is Visiting

VDH: Our New Ungracious Immigrants Authored by Victor Davis Hanson via American Greatness, The Traditional Immigrant Silicon Valley was energized by legal immigrants from all over the world who founded eBay, Google, Nvidia, SpaceX, Stripe, Sun Microsystems, Tesla, Yahoo, and a host of others. The Greek American Elia Kazan’s 1963 film America, America is a fictional account based on the Herculean struggle of the director’s uncle to immigrate to the United States from an impoverished and hostile Turkish Anatolia. The film summed up Americans’ traditional view of immigrants: They had risked everything for the chance to...

US Core Durable Goods Orders Surge For 11th Straight Month After recent string 'soft' survey data, this morning we get some 'hard' data and it's mixed...ish... Preliminary headline durable goods orders for February fell 1.4% MoM (worse than the -1.2% MoM exp). That is the third monthly decline in a row (the first 3-month decline since Nov 2019) Source: Bloomberg The monthly decline of the headline print largely reflected a decline in orders for aircraft. Boeing said it received fewer orders for its planes in February than a month earlier. On the other hand, core durable...

The current US conflict with Iran has its roots in the CIA-backed coup in 1953, which removed a democratically-elected prime minister and replaced him with the Shah. The Shah’s government ultimately collapsed, leading to the current Islamic republic.