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Trump Declares MoU With Iran is Dead
The drama over the Strait of Hormuz escalated on Wednesday with Donald Trump declaring the MoU with Iran is dead and vowed more attacks on Iran. Trump continues to insist that Iran has no right to interfere with any ship trying to transit the Strait of Hormuz, but the fact is that Iran is acting […]
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May 6, 2026 / Tyler Durden
FBI Raids Office And Cannabis Dispensary Of Virginia State Sen. L. Louise Lucas
FBI Raids Office And Cannabis Dispensary Of Virginia State Sen. L. Louise Lucas
Federal agents from the FBI executed court-authorized search warrants Wednesday morning at the Portsmouth legislative office of longtime Democratic Virginia State Sen. L. Louise Lucas and at an adjacent cannabis retail business she co-owns, as part of an ongoing federal corruption probe tied to marijuana dispensary operations.
Virginia Senate President pro tempore Louise Lucas (D-Portsmouth) listens to debate on the state Senate floor in Richmond, Va., on Feb. 17, 2026. Ryan M. Kelly/AP Photo
The raids, which also extended...
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Mar 19, 2026 / Tyler Durden
Trump Eyes Boots On The Ground Along Hormuz Shoreline
Trump Eyes Boots On The Ground Along Hormuz Shoreline
Several reports this week into Thursday say the Trump administration is quietly weighing a major escalation - potentially deploying thousands of additional troops to the Middle East as the White House struggles to map out an end game in Iran, according to Reuters.
Interestingly, the Reuters report doesn't include the phrase that Trump strongly campaigned against: 'boots on the ground'. Instead the report framed things more simply as "US weighs military reinforcements as Iran war enters possible new phase."
Are the American people being...
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May 21, 2026 / Tyler Durden
Renter Nation Returns? Multi-Family Unit Starts & Permits Soar In April
Renter Nation Returns? Multi-Family Unit Starts & Permits Soar In April
On the back of a small uptick in homebuilder confidence (though still languishing)...
...Building Permits jumped notably (+5.8% MoM vs +2.5% exp) in preliminary April data (while Housing Starts dipped 2.8% MoM, though less than the 5.2% MoM decline expected)...
The pace of starts and permits on a SAAR basis has remained flat for four years...
Multi-family unit starts and permits soared in April...
As single-family home starts stagnate...
It appears builders believe that 'Renter Nation' is on its way back.
...
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