The Choice To Go Up Or Down The Escalation Ladder Now Lies With Iran

US Existing Home Sales Unexpectedly Jumped In May, Inventories Surge With the Spring selling season in tatters, existing home sales were expected to rebound in May very modestly (+1.1% MoM) off recent record lows, but instead they outperformed, rising at 3.2% MoM (and April's 0.2% MoM rise was revised higher to a +0.7% MoM rise). That lifted existing home sales up 3.22% YoY - the strongest since September 2025... Source: Bloomberg That beat lifted existing home sales SAAR to its highest level of the year (but not exactly signaling a trend)... Source: Bloomberg “More Americans...

The Democrats' Financial Situation Appears To Be Worse Than Previously Known The Democratic Party's money problems have been an open secret for months. Federal Election Commission filings from around six months ago showed the Democratic National Committee entering the final stretch of last year with barely $12 million in its campaign account and nearly $16 million in debt, most of it stemming from a loan the committee took out the previous month. Donations had slumped just as the party needed them most. Since then, the political environment has arguably been extremely...

Anthropic's 'Too Dangerous To Release' AI Model Was Accessed By Discord Group On Day One Anthropic's 'Mythos' model is extraordinarily dangerous. The company itself warned that it could autonomously identify and exploit zero-day vulnerabilities in every major operating system, every major web browser, and every critical software library on Earth. And because of this offensive cybersecurity power, Anthropic refused to release Mythos publicly - and instead tightly restricted access through 'Project Glasswing' to roughly 50 carefully vetted organizations - 12 named launch partners plus more than 40 additional critical software and...