Hochul Targets NYC's Multimillion-Dollar Second Homes In $268 Billion Budget Framework

Bonds Are Screaming "Something's Wrong" Submitted by QTR's Fringe Finance Bond yields are doing exactly what I warned about yesterday: forcing reality back into a market that had become increasingly detached from it. Heading into Friday’s cash open, U.S. equity futures are under pressure, with S&P 500 futures down roughly 1% and Nasdaq futures off even more sharply as global bond markets sold off overnight. CNBC reported that by Friday morning in London, the U.S. 10-year Treasury yield had climbed nearly 9 basis points to 4.544%, marking its highest level in almost a year. The...

Iran Outraged After Assassination Of Top Shia Cleric In Damascus Via The Cradle Iran's Foreign Ministry spokesman Esmail Baghaei on Sunday strongly condemned the assassination of a Syrian Shia religious cleric, describing it as a terrorist attack and "heinous crime." On Friday, Sayyid Farhan al-Mansour, Imam of the Sayyeda Zainab Shrine in the southern suburbs of Damascus, was assassinated after a hand grenade was thrown at his vehicle. Mansour was targeted by unknown assailants shortly after he finished leading Friday prayers and was leaving the shrine. Slain Shia cleric Sayyid Farhan al-Mansour Baghaei said that acts...

Peer Review Is Broken - Here's How To Fix It Authored by Rob Jenkins and Michael R. Jenkins via the Brownstone Institute, Within academia, there seems to be a growing consensus that the peer-review system—once the backbone of academic scholarship—is broken. But is it irreparably so? Perhaps. At the very least, the breakdown of its current form is worth exploring. However, rather than abandoning the entire endeavor, we believe we have a novel solution. First, though, let us examine where the system went wrong. In the Middle Ages, most scientific research was...