Trump Vows US Will Destroy A Bridge Or Power Plant For Each Iranian Attack On Shipping

Iran Names Interim Successor To Khamenei Under 2nd Day Of Massive Bombs, Trump Demands Regime Change As questions hang over who will ultimately succeed Iran's slain supreme leader Ayatollah Ali Khamenei, an interim leader has been appointed to fulfill his duties. Top Shia cleric Alireza Arafi has been named to the interim Leadership Council after Supreme Leader Khamenei was confirmed killed in US-Israeli strikes, state media reported Sunday. The ISNA news agency has described that Arafi, a member of the Guardian Council, is joining President Masoud Pezeshkian and Chief Justice Gholamhossein...

Lacy Hunt: Fed's Been "Stealth-Easing" Since December “We’re seeing a major secular shift, that we’re now moving into a period of capital shortage, as well as we’re witnessing the end of the three-decade period of globalization, which led to significant disinflation.” That prediction comes from Dr. Lacy Hunt, once one of the bond market’s most prominent bulls and secular disinflationists. Well… no longer. He’s now a seller of U.S. long-dated bonds and suggested during last night’s discussion on ZeroHedge that he’s eyeing gold favorably. Lacy told Thoughtful Money’s Adam Taggart and Brent...

Abbott Orders Pause On Texas Data Center Approvals Pending Audit Texas Governor Greg Abbott just ordered a pause on approving new data center projects via the state's grid interconnection process over concerns that a surge in electricity demand could threaten reliability amid growing opposition to the projects.  The timing couldn't be worse - as Texas is on the cusp of becoming one of the world's largest hubs for data-centers, with Reuters citing industry forecasts that it could surpass Virginia by 2030 thanks to abundant land, energy, and a business-friendly environment.  In a letter to the Public Utility Commission of...