Israeli Strike on Motorcycle in Gaza Kills One Palestinian as IDF Continues Daily Ceasefire Violations

Record 89% Of Americans Say Government Corruption Widespread A record 89% of US adults say government corruption is widespread - which is up 10% from last year, and far above the average 72%-79% between 2010 and 2025, according to a new Gallup poll.  Unsurprisingly, Democrats' perceptions of government corruption spiked the most since 2024 - going from 57% to 91% this year, while independents also feel this way at 90%. Republicans at 83% are up 12 points since 2024.  According to Gallup, the reasons are different between Republicans and Democrats - with Dems' perceptions appearing closely linked with whatever...

Futures Fall, Oil Rises As Mideast Violence Flares Up US futures are but well off session lows, as part of a weaker risk tape after the US and Iran exchanged strikes, fueling doubts whether an end to the war is imminent and crushing hopes for a Hormuz deal (gasp). Overnight, US forces carried out airstrikes on an Iranian military site which Centcom described as "purely defensive" and designed to maintain the ceasefire; it also imposed new sanctions to prevent Tehran from profiting from vessels transiting the Strait of Hormuz....

Condo Prices Already Dropped By Up To 33% In 24 Bigger Markets Authored by Wolf Richter via Wolf Street, The price drops are getting relentlessly steeper: In 24 bigger markets, prices of mid-tier condos through April have dropped by 15% to 33% from their respective peaks between 2021 and 2024. Each of the markets is shown in a chart below: 24 mindboggling charts, depicting breath-taking price explosions, especially from mid-2020 to mid-2022, exceeding 50%, 60%, or even 70% in just two years in some cities. In the 10 years to the peak,...