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Do We Still Have a Constitution?
This week, President Donald Trump announced that he plans to give away tax dollars without congressional or judicial authorization to his friends and allies whom he believes were mistreated by the Biden administration. Can he legally do that? Here is the backstory. During the last year of his first term in office, Trump’s tax returns were stolen along with those of […]
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May 21, 2026 / Kyle Anzalone
US Provided Most of Israel’s Missile Defense During Iran War
The US fired hundreds of its most advanced interceptors to protect Israel from Iranian missiles during the first five weeks of the war. According to a Department of War assessment described to The Washington Post, the US used 200 Terminal High Altitude Area Defense (THAAD) interceptors and over 100 SM-3 and SM-6 missiles in defense […]
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Jun 9, 2026 / Tyler Durden
US Existing Home Sales Unexpectedly Jumped In May, Inventories Surge
US Existing Home Sales Unexpectedly Jumped In May, Inventories Surge
With the Spring selling season in tatters, existing home sales were expected to rebound in May very modestly (+1.1% MoM) off recent record lows, but instead they outperformed, rising at 3.2% MoM (and April's 0.2% MoM rise was revised higher to a +0.7% MoM rise). That lifted existing home sales up 3.22% YoY - the strongest since September 2025...
Source: Bloomberg
That beat lifted existing home sales SAAR to its highest level of the year (but not exactly signaling a trend)...
Source: Bloomberg
“More Americans...
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Jun 21, 2026 / Tyler Durden
Explosion At Qatar's Ras Laffan Industrial Area Due To "Technical Incident"
Explosion At Qatar's Ras Laffan Industrial Area Due To "Technical Incident"
A massive explosion rocked Qatar's giant Ras Laffan energy complex.
BREAKING: HUGE EXPLOSION AT RAS LAFFAN INDUSTRIAL CITY IN QATAR’S LARGEST GAS FACILITY
The blast was so strong it was heard in Bahrain and reportedly felt like an earthquake. pic.twitter.com/4bdCH0eeWd
— Sulaiman Ahmed (@ShaykhSulaiman) June 21, 2026
The ministry did not give the exact location of the explosion, but a source with knowledge of the matter said it occurred at the Barzan gas plant in Ras Laffan and was due to an "operational...
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