Futures Rise, US Stocks Set For New Record As Hopes For Iran Peace Deal Persist Despite Bombing

Leftist German Party Leader Forced To Correct Lies About AfD Leader, Pay Her Legal Fees Via Remix News, Alice Weidel, co-leader of the anti-migration Alternative for Germany (AfD) party, has successfully sued the Left Party leader and won a retraction after she spread falsehoods about Weidel on live television. In mid-May, Ines Schwerdtner, the federal chairwoman of the Left Party, claimed during an interview on Welt TV that Wediel neither resides in Germany nor pays taxes.  “Alice Weidel doesn’t even live in Germany, she doesn’t pay taxes here,” she told viewers. This statement is...

Navy Secretary John Phelan Abruptly Departs Trump Admin With No Explanation, "Effective Immediately" In a terse, one-paragraph statement released this afternoon, the Pentagon announced the immediate departure of Secretary of the Navy John C. Phelan, effective immediately. Navy Secretary John Phelan speaks at President Donald Trump's Mar-a-Lago club on Dec. 22, 2025, in Palm Beach, Florida. (Alex Brandon/AP) Undersecretary of the Navy Hung Cao has been elevated to Acting Secretary of the Navy. The announcement, issued by Chief Pentagon Spokesman Sean Parnell (Assistant to the Secretary of War for Public Affairs), offered...

American Consumers Have Never Been Less Confident Despite Inflation Fears Easing; UMich With the "mini war" still ongoing (albeit with a 'ceasefire' in place), expectations were for a continued slide (already at record lows) in the American consumer's sentiment in preliminary UMich data for May released today. And while the expectations were correct in direction, once again they underestimated just how bad things are as the headline UMich print fell from 49.8 to 48.2 (a new record low and below the 49.5 expectation). Under the hood was more mixed with Current Conditions tumbling...