Israeli Finance Minister Smotrich Says Son Asked Him to Leave Some of Lebanon for Him to Destroy

Core Durable Goods Orders Soar Most In 4 Years US durable goods orders plummeted 4.5% MoM in May (as expected), dragging orders down 4.3% YoY - the worst annual decline since Nov 2024... Source: Bloomberg However, ex-transports, orders rose 1.4% MoM - up for the 14th straight month - with orders soaring over 10% YoY, the strongest annual surge since May 2022... Adding more confusion, US factory orders fell 1.3% MoM in May (better than the 2.0% MoM decline expected) but dramatically divergent from the 4.8% MoM surge in April (revised down from...

The Absurdity Of The Hunter Biden Defamation Case Authored by Jonathan Turley, I have taught torts, including defamation for over 30 years, but I have never seen the like of the Hunter Biden defamation case. The defendant made defamatory statements and then just refused to appear. That led to an equally bizarre $1.7 million award by U.S. District Judge Stephen Wilson of the Central District of California to Biden, consisting of just $1 in nominal damages and the rest in punitive damages. Here is the most interesting line of the opinion: “the damage...

Crop Prices Hit 3-Year High As Heat & War Stoke Supply Fears; Options Whale Places $20M Corn Bet The Bloomberg Agriculture Spot Index (BCOMAGSP) climbed to a three-year high Wednesday as widening conflict across critical energy and grain trade corridors, from the Black Sea to the Strait of Hormuz and the southern Red Sea, collided with scorching heat waves across Europe and the US and mounting El Niño risks in critical agri growing belts, reviving the threat of global food inflation. BCOMAGSP is a dollar-denominated benchmark that tracks 10 major agricultural...