US Services Surveys Show Continued Expansion In June: Jobs Up, Inflation Down

Bank Of Japan Confirms Yen Intervention, Fed Conducted 'Rate Check' Update (1645ET): Nikkei reports that market participants learned that the Japanese government and the Bank of Japan intervened in the foreign exchange market by buying yen and selling dollars. Additionally, Nikkei confirmed that the US monetary authorities conducted a "rate check," a preliminary step before intervention. This indicates that Japan and the US worked together to curb the yen's depreciation. *  *  * Having collapsed to its weakest relative to the dollar in 40 years, it appears the Ministry of Finance and Bank of...

Ed Gallrein is running against Thomas Massie in Kentucky. Trump hates Massie because he opposes the Iran boondoggle war. Massie has also demanded the release of the Epstein files. Ed has received a whopping $11,824,741 from the Israel lobby. That’s on the high end of donations, so you get an idea how important it is to defeat […]

Washington Can't Afford To Let The US Lose The Open-Source AI War Authored by Julio Rivera via American Greatness, President Trump was right about China. Long before it became conventional wisdom in Washington, he recognized that America wasn't simply competing with another trading partner. China was executing a long-term strategy to dominate the industries that would define the 21st century. From manufacturing and telecommunications to semiconductors and artificial intelligence, Beijing understood that technological leadership translates directly into economic and geopolitical power. Artificial intelligence is the next front in that competition, and the United...