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Saudi Launches Major Strikes on Yemen After Trump Rejects Direct American Attack
Saudi Arabia bombed dozens of targets in Yemen in hopes of turning back the offensive by Ansar Allah. Saudi Crown Prince Mohammed bin Salman (MBS) requested that President Donald Trump order American strikes on Yemen, but Washington rebuked the request. On Sunday, Ansar Allah said that Saudi Arabia had targeted over 50 of their positions […]
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May 14, 2026 / Tyler Durden
Bessent Says US, China To Launch AI Safety Talks After Trump-Xi Meeting In Beijing
Bessent Says US, China To Launch AI Safety Talks After Trump-Xi Meeting In Beijing
Authored by Tom Ozimek via The Epoch Times (emphasis ours),
Treasury Secretary Scott Bessent said on May 14 that Washington and Beijing would begin formal discussions on artificial intelligence (AI) safety protocols following meetings between U.S. President Donald Trump and Chinese leader Xi Jinping in Beijing. Bessent’s comments come as the rival powers sought to stabilize ties strained by trade disputes, the Iran conflict, and AI competition.
U.S. Treasury Secretary Scott Bessent arrives at Incheon International Airport ahead...
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May 13, 2026 / Tyler Durden
Goldman Flags Troubling Mortgage Delinquency Rise Across This U.S. Region
Goldman Flags Troubling Mortgage Delinquency Rise Across This U.S. Region
Mortgage delinquencies fell slightly in March, with the first-lien delinquency rate declining to 3.35%, down 37 basis points from February, as seasonal factors and tax refunds supported borrowers.
The real estate and mortgage industry outlet HousingWire cited Intercontinental Exchange’s May 2026 Mortgage Monitor report, which showed that while the overall mortgage delinquency rate fell in March, there was still concern over serious delinquencies and foreclosures, which are up by 154,000 borrowers from one year ago.
The increase was driven mostly by FHA...
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May 14, 2026 / Kyle Anzalone
Iran Seizes Ship Near UAE
Iranian forces boarded a ship near the UAE. The vessel potentially contained a cache of weapons. On Thursday, armed men boarded a ship near the United Arab Emirates, and it sailed to Iranian waters. The vessel has been identified as the Honduras-flagged Hui Chuan. The BBC reports that the ship was being used as a […]
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