Blasphemy Law Is Back: Retired British Police Officer Fined For Islam Joke

Heat Dome Threatens America's 250th Birthday As Power Grid Crisis Continues A massive heat dome continues to threaten the eastern half of the US, with the Mid-Atlantic and Northeast at the epicenter of the sweltering conditions. The summer heat is already disrupting July 4 celebrations and World Cup matches, while pushing the nation's largest power grid toward crisis mode later this afternoon for the third consecutive day. The annual Independence Day Parade in Washington, DC, set for later today was canceled "due to extreme heat," organizers said in an overnight memo.  Cooling demand will...

AI Bear Case: What Skeptics Get Right And Wrong Authored by Lance Roberts via RealInvestmentAdvice.com, The AI “bear case” isn’t one argument; it’s three. Burry on earnings. Bernstein on circular financing. MIT on revenue. Two are half right. One falls apart on the data. Michael Burry broke a two-year silence on November 11 to accuse the world’s largest technology companies of cooking their books, calling it one of the more common frauds of the modern era. That got attention, and it should. When the man who shorted the housing bubble says AI...

Prices Jump, Employment Dumps As US ISM Services Disappoints In March The last six months or so has seen S&P Global's and ISM's Services PMI surveys diverge dramatically (former at three year lows, latter near four year highs). But, following S&P Global's Services PMI plunge into contraction in March, ISM's Services PMI actually 'agreed' and fell also (but only modestly) from 56.1 to 54.0 (still in expansion but worse than the expected 54.9)... Source: Bloomberg Under the hood it was a very mixed bag with a surge in New Orders (highest since Feb...