Iran Threatens To Choke Off Hormuz Again As US Readies Blockade; Trump Says Tehran Wants To Assassinate Him

Bank Of America: The US Unemployment Rate Is Falling Because Americans Are Too Rich Last Friday's dismal jobs report (where 23K jobs were lost) had a silver lining: the unemployment rate dropped to 4.1%, the lowest since June 2025, dinging expectations that the AI revolution would lead to a spike in unemployment. There was just one problem: unemployment dropped not because more people found a job, but because the labor force shrank by a whopping 264K, and down more than 2 million since the start of the year. To be sure,...

Paul Pelosi Officially Charged With Hit-And-Run In Northern California Authored by Jill McLaughlin via The Epoch Times, Paul Pelosi, husband of Rep. Nancy Pelosi (D-Calif.), was charged with misdemeanor hit-and-run on July 17 after authorities alleged he struck another vehicle parked on the side of a road on July 3 in Napa County, California. The Napa County District Attorney’s Office also charged Pelosi, 86, of St. Helena, with making an unlawful turn. A witness who saw the accident called 911. Napa County Sheriff’s deputies responded to the scene in Yountville, California, on July...

Xi Touts Communist Party's Global Reach, Hails PLA's Rising Strength In 105th Anniversary Address Chinese President Xi Jinping used a major speech marking the 105th anniversary of the Chinese Communist Party on Wednesday to both tout China's global influence and pledge a stronger armed forces build-up while staying steadfast in an ongoing crackdown on corruption within top military ranks. Bloomberg concluded of the speech, "Xi Jinping signaled China's ambition to play a more high-profile role, a strategy that involves rallying developing nations as a counterweight to what he views as fading...