The UK's Latest "Debanking" Scandal Should Give Everyone Pause

July Rate-Hike Off The Table After Producer Price Inflation Drops Most Since COVID Following yesterday's much cooler than expected, Goldman's Rich Privorotsky notes that today’s PPI print matters more for the core PCE read-through (Fed's favorite inflation indicator), particularly healthcare and financial services. While May's headline PPI print was hot, core was cooler than expected, and June's data release today was expected to show no change in headline producer prices. In fact, like with CPI, headline Producer prices actually saw deflation (-0.3% MoM), equaling the biggest monthly decline since April 2020. The...

Nearly 20% Of House Hunters Looking To Relocate: Report Authored by Naveen Athrappully via The Epoch Times (emphasis ours), In the fourth quarter of 2025, 18.8 percent of house hunters across the United States were looking to relocate to a different part of the country. A house for sale in Washington on May 19, 2025. Madalina Vasiliu/The Epoch Times This was up from 17.9 percent a year back and 15.9 percent five years ago during the COVID pandemic period, real estate brokerage Redfin said in a March 10 statement. During the pandemic in 2020...

Iran-Linked Media Floats Data Tax On Hormuz Undersea Internet Cables An Islamic Revolutionary Guard Corps-linked media outlet has signaled that submarine fiber-optic cables running through the Strait of Hormuz remain in Tehran’s crosshairs. Tehran views Hormuz not only as an energy chokepoint but also as a digital chokepoint, with undersea cables beaming internet across the Gulf and into the global network. Source: Retuers  Tasnim published an article titled “Three Practical Steps for Generating Revenue from Strait of Hormuz Internet Cables,” pointing out that Tehran must reassess how it exercises sovereignty over the strategic...