Massie Joins Democrats In Bid To Sue White House Over Iran War

Mills Drops Out In Maine Governor's Race As Oysterman With Nazi Tattoo Becomes Democratic Frontrunner Maine Gov. Janet Mills suspended her U.S. Senate campaign Thursday morning, citing a lack of financial resources. That's the official explanation. The more accurate one is that the polls showed her trailing badly to Graham Platner, an oysterman from coastal Maine with no electoral experience.  Mills had every structural advantage working for her: she’d already won a statewide election, had name identification, and the support of Senate Minority Leader Chuck Schumer. The writing was on the...

Consumers More Optimistic On Jobs, Financial Conditions, Stock Prices As Inflation Eases: NY Fed Survey Unlike recent extremely volatile months, consumers expectations for inflation in July barely budged as disclosed today by the latest NY Fed Survey, which showed that inflation expectations in one year fell slightly to 3.6% from 3.7% prior. Estimates for price increases in three and five years remained at 3.3% and 3%, respectively, although the 3Y inflation forecast did dip notably, if not enough to move it by a significant digit.  Gas price growth expectations rebounded partially...

Trump Doubles Down On Plans To Make Hormuz Strait At US Territory: "A Great Idea" Summary Trump repeats declaration that he'll make Strait of Hormuz a "US territory", calling it "a great idea". Iran goes "fully offensive": Tehran threatens escalation if diplomacy fails, after last week's military command reshuffle. MoU expires: Iran says the US-Iran agreement is effectively dead & "irrelevant".  Trump threatens Oman: Trump warns "we'll bomb the s**t out of them." Backchannel denied: Tehran rejects Trump's claim of IRGC communications. Strait of Hormuz traffic returns to normal by September 30? Yes 12% · No 89%View...