Tropical Storm Edouard Takes Aim At America's Largest Refinery Hub

Trump Considers New Tariffs On Semiconductors - Reports Raise Alarm Could Doom US Dominance Politico reports Thursday on what could be another significant setback for US data centers and major damper on American AI aspirations. The White House is mulling the possibility of introducing new tariffs on semiconductors and a broader range of technology products, including laptops, servers for data centers and gaming equipment - a move tech companies have long been warning against, and which may demonstrate once again that the only thing getting 'reshored' is massive inflation for end consumers. Source: Equinix. Data...

Empire At 250: Can The Principles Of 1776 Survive The American Police State? Authored by John & Nisha Whitehead via The Rurtherford Institute, “The people are the only legitimate fountain of power.” - James Madison This is a year of strange anniversaries. Two hundred and fifty years ago, a band of revolutionaries declared their independence from a king. America’s founders rejected concentrated power. They denounced standing armies. They distrusted government secrecy. They risked their lives to escape a ruler who could tax without consent, wage war without accountability, and govern without meaningful restraint. Twenty-five years ago,...

"Late Spring Buyer Rush": US Pending Home Sales Just Surged By The Most In Almost 2 Years Pending home sales in the US were expected to rise for the fourth straight month in May and they did with a huge beat (+3.8% MoM vs +0.9% MoM exp - above the highest analysts estimate), which was slightly offset by a downward revision for April (from +1.4% to +0.3%). That is the best monthly improvement in pending home sales since Sept 2024 and that lifted sales by just over 2% YoY. “A late spring...