Shooters And Motives Revealed In San Diego Mosque Shooting That Killed Three

Big Shake-Up: Putin Fires Head Of Aerospace Forces After Devastating Ukrainian Drone Attacks There are reports out of Russia of another high level firing within the defense ministry. This time, President Putin has reportedly sacked the head of Russia's Aerospace Forces, which is the armed services branch responsible for the country's air defenses. Moscow-based news outlet RBC reports that General Viktor Afzalov has been replaced by Colonel General Alexander Chaiko. Afzalov had first been appointed to the command post in 2023. Source: Russian Ministry of Defense However, the Kremlin did not immediately comment on or...

Watch Live: Kevin Warsh's First Press Conference As Fed Chair Warsh's first press conference as Fed Chair is likely to be the most important event risk of the meeting. With The Fed leaving rates unchanged as practically 100% expected (with no dissents), and a very hawkish signal sent from the 'Dots', the question on everyone's lips is simple: "What Will Warsh Do?" (WWWD?) Will he shift to a cautiously hawkish path citing a resilient labor market, higher growth and soaring inflation... ...or will he reiterate the current easing bias as support for the lower...

Friedman Was Right, Just Mostly Misquoted... Authored by Lance Roberts via RealInvestmentAdvice.com, Milton Friedman’s famous one-liner that anchors half the inflation debates on financial television leaves out the part where the actual economics live. Once you put it back in, the doomist case gets a lot smaller. Per Bylund recently wrote a sharp piece for The Daily Economy arguing that CPI and GDP have become Goodhart’s Law in action. When a measure becomes a target, it ceases to be a useful measure. He has a point, and we’ll come back to it....