All Banks Pass Fed's Stress Test, Unleashing Latest Wave Of Dividends And Buybacks

America Can Print Money... But It Can't Print The Missiles It Needs Authored by Nick Giambruno via International Man, THAAD is one of the military-industrial complex's most expensive boondoggles - and most Americans have never heard of it. The Terminal High Altitude Area Defense (THAAD) system ranks among America's most advanced ballistic-missile defenses. It aims to intercept ballistic missiles during their terminal phase, as their warheads reenter the atmosphere from space and descend toward their targets. According to the GAO, it took decades and roughly $12.5 billion in research and development to get...

The Diamond Crash Accelerates The Diamond Standard Index, tracked on Bloomberg under the ticker DIAMINDX, tumbled to new record lows during the first half of August as a surge in affordable lab-grown stones eroded the scarcity premium underpinning natural diamond prices. "Technological progress in growing diamonds in labs has been amazing. It's no surprise most engagement rings are now using lab diamonds," X user Crémieux said. Technological progress in growing diamonds in labs has been amazing. It's no surprise most engagement rings are now using lab diamonds. https://t.co/MZ4zWVlQNq pic.twitter.com/fH1lFYD3Ih — Crémieux (@cremieuxrecueil) August 8,...

US-Iran MoU Deal Signing 'Hours' Away As Pezeshkian Touts Acceptable, Positive Results For Iran Summary Iran's president issues pro-MoU signing statement as Tehran is boasting of great and solid results for its side. There are reports this includes a significant release of billions in its frozen assets in the West. White House still suggesting an electronic MoU deal to be signed with Iran on Sunday, which leaves nuclear negotiations to further date, only with commitment that Iran not pursue a nuke. Trump: new strikes on Beirut's southern suburbs "should not have happened" and given...