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Bank Of America: The US Unemployment Rate Is Falling Because Americans Are Too Rich
Bank Of America: The US Unemployment Rate Is Falling Because Americans Are Too Rich
Last Friday's dismal jobs report (where 23K jobs were lost) had a silver lining: the unemployment rate dropped to 4.1%, the lowest since June 2025, dinging expectations that the AI revolution would lead to a spike in unemployment. There was just one problem: unemployment dropped not because more people found a job, but because the labor force shrank by a whopping 264K, and down more than 2 million since the start of the year.
To be sure,...
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Feb 13, 2026 / Tyler Durden
Somali Fallout: US Treasury Will Pay Snitches Up To 30% On Fraud, Money Laundering Prosecutions
Somali Fallout: US Treasury Will Pay Snitches Up To 30% On Fraud, Money Laundering Prosecutions
On the heels of all that Somali fraud in Minnesota, the US Treasury Department on Friday launched a new portal where people can report suspected fraud, money laundering and sanctions violations.
Snitchin' Bubbles from The Wire
According to officials, tips should be submitted with supporting documents. "FinCEN’s Office of the Whistleblower is accepting tips involving violations and conspiracies related to the Bank Secrecy Act, U.S. sanctions programs, and several other laws critical to safeguarding the U.S. financial system...
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Jun 26, 2026 / Tyler Durden
Vance: Iran Agreed To Establish A Direct Line Between IRGC & US Military
Vance: Iran Agreed To Establish A Direct Line Between IRGC & US Military
Authored by Dave DeCamp via AntiWar.com,
Vice President JD Vance has said that during talks in Switzerland, Iranian officials agreed to establish a direct line of communication between Iran’s Islamic Revolutionary Guard Corps (IRGC) and the US military.
Vance told Sohrab Ahmari, the US editor for UnHerd, that one of the things the US wanted to "come out" of the talks with was a "channel on the Iranian side" for reducing conflict.
Reuters/Pool
"Which we did. They were like, 'OK, fine, we’ll send...
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Jun 21, 2026 / Jason Ditz
Israel Sets ‘Red Lines’ for Lebanon Ceasefire: No Withdrawal and No Ceasing of Fire
Massive Israeli attacks against Lebanon over the weekend managed to derail the US-Iran peace deal, and the ceasefire announced on Friday went so predictably poorly that US officials are organizing another round of Israel-Lebanon talks to try to come up with another deal. While most aren’t getting their hopes up for the next round doing […]
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