WSJ Catches Up, Discovers AI's Off-Balance Sheet Liabilities Are $3 Trillion And Growing $1.2 Trillion Per Quarter

The Mamdani Grocery Grift: NYC Mayor Sells Taxpayers A Bill Of Goods On City-Run Stores Authored by Jonathan Turley, Last week, Mayor Zohran Mamdani’s short stint as a faux president ended with an embarrassing acknowledgment that he could not, as promised during his campaign, arrest Israeli Prime Minister Benjamin Netanyahu. So, this week, Mamdani the Grocer made a reappearance, with details on the five city-run grocery stores that he will open. But rather than deliver discount groceries, Mamdani is selling New Yorkers a bill of goods that will cost them millions. What Mamdani described...

US Escalates Crackdown On Overseas Scam Network Targeting Americans Authored by Arthur Zhang via The Epoch Times, The United States has taken coordinated action against a Southeast Asia-based scam and money-laundering network that officials say used forced-labor compounds and online investment fraud to steal billions of dollars from Americans. Scam center workers and victims from China arrive at the border checkpoint with Thailand, in Myawaddy, Burma, on Feb. 20, 2025. Hundreds of Chinese workers were heading home after being freed from online scam centers. STR/AFP via Getty Images The Treasury Department on June...

US Home Prices Are Rising At Their Fastest Pace In Over A Year, But... Amid soaring mortgage rates, new home prices falling rapidly, and collapsing homebuilder confidence, US home prices in America's 20 largest cities rose for the fourth straight month in July (according to the latest - admittedly lagged - data from S&P Cotality Case-Shiller). The 20-City Composite index rose 0.32% MoM (far stronger than the 0.2% MoM rise expected) in July. That is the strongest monthly rise since Dec 2025 and lifted the annual home price appreciation to its...