Turkey Seeks Moscow Permission To Offload S-400s, Paving Way For US F-35 Deal

Waymo Robotaxi Crash Rate 68% Lower Than Human Drivers, Study Finds Though they've have racked up quite a few troubling anecdotes on America's roads, Waymo robotaxis have achieved a crash rate that's far lower than what's observed when humans are driving, according to a recent study published by the Insurance Institute for Highway Safety. A private scientific organization funded by insurance companies, IIHS is regarded by many as a superior font of accurate scientific conclusions compared to the government-run and lobbyist-vulnerable National Highway Transportation Safety Administration.  According to the July...

Southern Poverty Law Center Pleads Not Guilty To Federal Fraud Charges Authored by Matthew Vadum via The Epoch Times, The Southern Poverty Law Center (SPLC) on July 7 entered not guilty pleas again to 11 criminal counts alleging it defrauded donors by sending millions of dollars to informants who infiltrated white supremacist and so-called hate groups that it publicly opposed. The fresh arraignment of the nonprofit organization under a new superseding indictment took place via videoconference before Montgomery, Alabama-based U.S. Magistrate Judge Kelly F. Pate. The charges, announced on April 21 by FBI...

From Forward Guidance To Market Guidance: Warsh's Reflexive Wrecking Ball? Authored by Nohshad Shah, Citadel Securities EMEA Head of Fixed Income, The Fed sounds hawkish... but markets are testing the reaction function Chair Warsh was unequivocal that there is “no soft inflation target”, that five-plus years of above-target inflation cannot be cured by nine weeks of better data, and that this Fed “will not waver”. Yet despite that language…and three members preferring an immediate hike…the FOMC again declined to move. Warsh instead repeatedly highlighted the large rise in nominal and real Treasury yields since June,...