"Shockingly Bad" Chinese Econ Data Stuns Wall Street, Sparks Hard Landing Concerns

Moscow Claims NATO Nuke Smuggling Plot Into Ukraine - UK Denounces 'Heinous' Charge It's hard to know what's true amid the fog of war, but when Russia's Foreign Intelligence Service (SVR) comes out with whatever new accusation it lodges against Ukraine it usually 'goes big'. That's true of the latest statement Tuesday, which happens to mark the fourth anniversary of the full-scale Ukraine invasion of 2022. The SVR is newly alleging that France and the UK are plotting to secretly arm Ukraine with a nuclear weapon. French M51 submarine-launched ballistic missile. Photo credits:...

Senate Passes DHS Funding Bill To End 40-Day Shutdown, Airport Chaos At 2:22 a.m. EST, the Senate unanimously passed a spending bill to fund the Department of Homeland Security after a 40-day shutdown that disrupted airport security and sparked travel chaos for millions of Americans. The bill, which excludes funding for Immigration and Customs Enforcement and Customs and Border Protection, still needs House approval and President Trump's signature. The overnight breakthrough came as airport TSA lines worsened nationwide this week, with TSA agents calling out sick or quitting due to...

'Could Resonate Globally': Korea Sparks Market Chaos With 'AI Tax' Threat Korean markets were under pressure overnight after politicians floated the idea of tapping AI profits.  Bloomberg reports that a top South Korean policymaker said the nation should pay citizens a 'dividend' using taxes on AI profits, with the obvious read through to Samsung and SK Hynix.  The comments in a Facebook post by presidential policy chief Kim Yong-beom fueled sharp swings in Korean stocks on Tuesday as investors struggled to parse the scope of the proposals. “Excess profits in the AI era...