Despite 'Survey' Sadness, Jobless Claims Slide Near Historic Lows

The Fed Is Losing Its Biggest Dove Via RealInvestmentAdvice.com, Jerome Powell’s term as Fed Chairman expires today, with Kevin Warsh now confirmed by the Senate as his successor. The transition has implications beyond a change in the Fed’s leadership. Further, Stephen Miran, who was appointed Fed Governor in September 2025 to fill the vacancy left by Adriana Kugler, is seeing his term come to an end. Most noteworthy during his term, he dissented at all six FOMC meetings he attended, consistently pushing for 50-basis-point rate cuts. It’s not a stretch to say he was the...

Satellite Images Expose China’s Massive New 120-Meter Sail-Free Mystery Submarine Authored by Aamir Khollam via Interesting Engineering, China has quietly launched another advanced submarine, signaling the rapid expansion of a naval force that already outpaces Western production rates. ROKS Dosan Ahn Changho class submarine and satellite imagery of China's sailless submarine. Wikimedia Commons and @Mack8miltech on X Fresh satellite imagery shows a large new submarine at Shanghai's Jiangnan Shipyard. The vessel features an unusual "sailless" profile and a highly streamlined hull. Analysts say the design could reflect China's push toward faster, quieter, and harder-to-detect...