Article
Fed Holds Rates Unchanged (As Expected), 'Dots' Signal Hawkish Bias As Warsh Takes Over
Fed Holds Rates Unchanged (As Expected), 'Dots' Signal Hawkish Bias As Warsh Takes Over
Tl;dr: No rate change (as expected) but a dramatically hawkish shift in The Fed's bias (9 members seeing at least one hike this year). Statement smilled down dramatically, also biases towards hawkish focus on price stability (inflation) over employment: "The Committee will deliver price stability".
“The market is focused on the dot plot for now, with half the committee thinking there will be hikes. The bear flattening seems reasonable based on that. Those who looked for a...
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Jun 5, 2026 / Tyler Durden
Minnesota Mob Blindness: St. Paul Prosecutor Drops All Charges Against City Church Demonstrators
Minnesota Mob Blindness: St. Paul Prosecutor Drops All Charges Against City Church Demonstrators
Authored by Jonathan Turley via JonathanTurley.org,
Minnesotans are familiar with the perils of "snow blindness," a temporary blindness caused by overexposure to ultraviolet rays from the reflection from snow and ice. It appears that Minnesota politicians and prosecutors have a type of mob blindness, where they cannot see crimes committed in front of them by the far left. That condition appears to be tragically evident in St. Paul, where City Attorney Irene Kao made an absurd denial of...
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Jul 9, 2026 / Tyler Durden
Porsche Sales Tumble To Weakest In Six Years As Chinese Demand Plummets
Porsche Sales Tumble To Weakest In Six Years As Chinese Demand Plummets
Days after Germany's top financial newspaper, Handelsblatt, reported that Porsche AG is planning more than 4,000 job cuts, the sports-car maker on Thursday revealed first-half sales figures that were the weakest in six years, with its China business falling off a cliff.
For the January to June period, Porsche reported 122,306 vehicle deliveries across global markets, a 16% decline from the same period a year earlier.
The first-half slump marked Porsche's weakest sales performance since 2020, with its top market,...
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Apr 30, 2026 / Tyler Durden
CCP Moves To Tighten Oversight Of Gig Workers
CCP Moves To Tighten Oversight Of Gig Workers
Authored by Michael Zhuang via The Epoch Times (emphasis ours),
Beijing is moving to tighten its grip on tens of millions of gig workers—an increasingly vital but volatile segment of China’s labor force—prompting warnings from analysts that the effort could deepen social tensions rather than contain them.
Delivery workers from Chinese shopping platform Meituan gather for a briefing before they start their shift near a mall in Beijing on Aug. 21, 2025. Wang Zhao/AFP via Getty Images
On April 26, China’s top leadership bodies, the...
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