Apple's Aura Is Starting To Crack

Texas To Face $700 Million In Federal Penalties For SNAP Errors Through 2027 Authored by Sylvia Xu via The Epoch Times, Texas is expected to pay $708 million more by 2027 to the federal government in penalties for erroneous distributions from the Supplemental Nutrition Assistance Program (SNAP). The state officials released the cost in a presentation to the Senate Committee on Health and Human Services on April 8. The state payment error rate was estimated to be nearly 9 percent in fiscal year 2025, totaling $627 million in erroneous payments. Under the One Big...

Despite Record Surge In Subprime Car Loan Originations, US Household Debt Dropped In Q2: First Since COVID Something unprecedented happened in the second quarter: aggregate household debt balances declined by $13 billion, a 0.1% decline from Q1. Balances stood at $18.8 trillion, up $4.6 trillion since the end of 2019, just before the pandemic recession. But the reason why we say it was unprecedented, is that the Q2 drop was the first quarterly decline in total household debt since the second quarter of 2020, when the US economy was gripped...

Iran's Fars Calls Reuters' Hormuz Reopening Story "Invalid" Ahead Of Trump's UN Address Update: Iran's Fars Rejects Hormuz Reopening Reports As Brent Slides Brent Tumbles On US Media & Aligned Outlets Pushing Rumored Diplomatic Efforts  Iran's Fars Rejects Reporting  Kyodo and Reuters published positive diplomatic headlines early Tuesday morning that sent Brent crude futures tumbling below $100 a barrel, but Iran's semi-official Fars News Agency denied them. Kyodo and Reuters, citing Iranian sources, reported that Tehran could reopen the Strait of Hormuz within seven days if Washington eased US naval pressure on the Hormuz...