More Wars and Rumors of Wars

Sea Change: 'Very Unfavorable' Views of Israel Triple Among US Adults Amid a major war on Iran waged in partnership with the United States, Israel's reputation among Americans has continued to deteriorate, with 60% of US adults viewing Israel unfavorably. That's a hefty 18-point increase from 2022, according to a new survey from Pew Research. Over the same stretch, Israel's "favorable" share cratered by 18 points.   While the top-line unfavorable rating is bad news for Israel, things are even worse when you look under the hood: The proportion of Americans who have a...

New Home Sales Unexpectedly Plunged In May As Prices Surged With Case-Shiller reporting existing home price declines in half of America's largest cities, New Home Sales were expected to rebound from April's ugly decline. But they didn't... at all... NAR reports that New Home Sales in May plunged 7.3% MoM (versus the 3.2% MoM rise expected). That print was below the lowest analysts forecast. April's 6.2% MoM plunge was revised up modestly to a 5.7% decline, all of which left new home sales down on a YoY basis... Overall, new home sales have really gone...

The Pentagon is using an Artificial Intelligence system developed by Palantir to select targets in Iran. Some members of Congress are considering legislation to place restrictions and safeguards on the Department of War’s use of AI.  Two Congressional sources speaking with NBC News confirmed the use of Palantir’s AI for targeting and the potential bill. […]