The Fed's Inflation Problem

Supreme Court Rules Feds Can't Disarm You Just For Being A Regular Stoner The Supreme Court on Thursday ruled that the government's prosecution of a Texas man under 18 U.S.C. §922(g)(3) - the provision barring "unlawful user[s] of" or those "addicted to" any controlled substance from possessing firearms - violated the Second Amendment. The case, United States v. Hemani, stemmed from an August 2022 FBI search of the family home of Ali Danial Hemani, a dual U.S.-Pakistan citizen who was born in Texas and had a stable job as a project...

Key Events This Week: Payrolls, Quarterly Refunding, Confidence, And More Earnings Key data releases this week will be the US April jobs report and the University of Michigan’s consumer survey. Other economic events feature the US Treasury quarterly refunding announcement and rate decisions in Australia, Norway and Sweden. Corporate earnings include AMD, Palantir and Rheinmetall. The focus this week will be on the US April jobs report due Friday. Economists see payrolls up +65k in April, down from +178k in March, with a slightly faster earnings growth rate (+0.3% vs +0.2% in...

DOJ And Trump Ask Supreme Court To Review $83.3 Million Carroll Verdict Authored by Matthew Vadum via The Epoch Times, The U.S. Department of Justice (DOJ) asked the U.S. Supreme Court on July 28 to intervene in the defamation dispute between President Donald Trump and writer E. Jean Carroll. The DOJ is arguing in the petition in United States v. Carroll that the federal government - not Trump personally - should be the defendant in the case that led to an $83.3 million verdict against Trump. At the same time, Trump’s private attorneys...