From ISIS To Finance Bro: Syria's Sharaa To Attend G7 Summit In France

"Shocking Levels Of Distress": CMBS Delinquencies Unexpectedly Soar To COVID Highs With market focused on private credit as the next credit market crisis vortex, many have forgotten that CMBS, the asset class that was smashed in the aftermath of covid as hundreds of office buildings were suddenly left vacant, has been teetering on the edge for years. For some, it proved to be a lucrative bet as the "next big short" after various office-heavy CMBX tranches collapsed in 2020 and 2021. But due to the slow-burning nature of commercial real-estate...

Newsom Signs Laws Banning Shock Gloves And Taxing Immigration Detention Centers Authored by Chase Smith via The Epoch Times, California Gov. Gavin Newsom signed 21 bills on Sept. 29 aimed at limiting federal immigration enforcement in the state, including a ban on officers using shock gloves and a new 25 percent tax on private detention centers. California Gov. Gavin Newsom speaks in Los Angeles on Sep. 25, 2024. John Fredricks/The Epoch Times"California is taking action to strengthen transparency, accountability, and oversight around immigration enforcement in our state," Newsom said in a statement. "This...

The Case Against Public-Sector Unions Authored by Aaron White via RealClearPolicy, America’s public-sector unions have a problem they can’t explain away: Workers are leaving. Ask a public employee when they joined their union and most couldn’t tell you. Because they didn’t join. The dues just started coming out of their check. That’s not a membership, and for decades nobody told workers they could opt out. That changed in 2018, when the U.S. Supreme Court affirmed in Janus v. AFSCME that no government employee can be forced to join or pay dues to a labor union. Hundreds of...