EU Commissioner Claims That Ukraine Is Gaining The Upper Hand On The Battlefield, In the Air, And At Sea

The Case Against Federal Reserve Independence Authored by Alexander William Salter via AmericanMind.org, It’s illegal in theory and ineffective in practice. The independence of the Federal Reserve System has become a major source of public controversy. As political leaders signal dissatisfaction with monetary policy, officials and commentators rush to defend the central bank’s insulation from democratic pressure. We are told, as if it were self-evident, that central bank independence is a pillar of sound economic governance. But this confidence is misplaced. The economic case for central bank independence is far weaker than its defenders suggest. And the constitutional case is weaker still. Start...

Ukrainian Drone Swarm Attack Obliterates Wildberries' Largest Warehouse Near Moscow Ukraine launched one of its largest kamikaze drone attacks of the war against Russia on Sunday, with Russia's Defense Ministry saying air defenses intercepted 822 Ukrainian drones overnight, including roughly 600 headed toward Moscow. Ukrainian long-range missiles and drone swarms have targeted high-value military assets and oil and gas infrastructure deep inside Russia this year, with Ukraine stepping up its latest attacks on logistical networks, such as Russia's version of Amazon, called Wildberries. 🔥 Ukraine has taken 7 of Wildberries’ 10 largest...

Lululemon Bear Market Deepens After Guidance Cut Spooks Wall Street Lululemon tumbled in New York premarket trading as its multi-year bear market deepened, with shares on track to revisit levels last seen since 2018 after a guidance cut.  The struggling athleticwear company now expects full-year revenue of $11 billion to $11.15 billion, below the Bloomberg Consensus estimate of $11.49 billion, while its second-quarter sales and profit forecasts also missed the mark. Full Year Forecast (courtesy of Bloomberg): Sees net revenue $11 billion to $11.15 billion, saw $11.35 billion to $11.5 billion, estimates...