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Dramatic Footage: Chinese Long March-7A Rocket Explodes Shortly After Liftoff
Dramatic Footage: Chinese Long March-7A Rocket Explodes Shortly After Liftoff
In the intensifying race to dominate the next frontier, the space economy, China's gap with the US may have widened after one of Beijing's new-generation Long March rockets exploded shortly after launch earlier today. This is great news for America's commercial and national-security space ambitions.
The South China Morning Post reports that the 60-meter rocket, which launched from the Wenchang Space Launch Site on Hainan Island late Monday, erupted into a fireball less than 90 seconds into the flight.
SCMP noted:
Space observers...
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Sep 30, 2026 / Tyler Durden
Fed Watchdog Finds No Crimes In $2.4 Billion Renovation, Just Everything Else
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After more than a year of drama, subpoenas, surprise site visits, hard-hat photo ops and one very public fight over beehives, the Fed's internal watchdog has finally weighed in on the central bank's headquarters renovation. The verdict: nobody committed a crime, but almost nobody was minding the budget either.
According to a report released Wednesday by the Fed's Office of Inspector General, there were no "reasonable grounds to believe that a violation of federal criminal law had occurred," and...
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Feb 13, 2026 / Tyler Durden
The Bigger Problem That The Tim Walz NGO Scandal Has Exposed
The Bigger Problem That The Tim Walz NGO Scandal Has Exposed
Authored by Edward Woodson via American Greatness,
The Minnesota nonprofit fraud scandal, now expected to cost taxpayers more than $9 billion, is being dismissed by many as an isolated failure. However, this is far from the case, and writing it off as such would be a colossal mistake.
What it actually revealed is a broader problem in the Swamp—that institutions claiming to represent others often operate with little accountability and then quietly drift away from the very people who are footing...
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Sep 10, 2026 / Tyler Durden
Oracle Rises After Cloud Revenues Beat Thanks To Massive CapEx, Soaring Debt
Oracle Rises After Cloud Revenues Beat Thanks To Massive CapEx, Soaring Debt
Earnings season may be over, but the occasional earnings reports are still trickling through, and moments ago we got the latest off-season report from the most indebted company in AI, Oracle, which reported adjusted revenue for the first quarter that beat the average analyst estimate, and which helped push the stock higher, but just barely above where it opened.
Here's what ORCL reported moments ago for its fiscal first quarter:
Adjusted revenue $19.35 billion, +30% y/y, beating estimates of...
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