US Manufacturing Survey Strongest Since May 2022 On AI Spend, Prices Paid Spike

Korea "Black Monday": Kospi Halted For 20 Minutes After Crashing Almost 10% After the close on Friday, we said that on Monday, Korean stocks would be a "bundle of joy"... Korea on Monday will be a bundle of joy — zerohedge (@zerohedge) June 5, 2026 ... are having a very bad day.  The sudden plunge triggered a circuit breaker, halting trading for 20 minutes.  The Korea Exchange held an emergency meeting Monday to assess rising volatility and discuss measures to ensure stable market operations. Concerns over overheating in the AI rally combined with uncertainty in the macro...

US Lifts Sanctions On Iraqi Airline Blacklisted Over IRGC Ties Via The Cradle The US Office of Foreign Assets Control (OFAC) lifted sanctions on Iraq's Fly Baghdad Airlines and two of its aircraft on Wednesday, clearing a carrier Washington had blacklisted in January 2024 over alleged support for Iran's Islamic Revolutionary Guard Corps (IRGC) Quds Force.  The Baghdad-based carrier was delisted from the Specially Designated Nationals (SDNs) list under each of its three registered names, Fly Baghdad Airlines Company, Fly Baghdad, and Iraq Express. @JetPhotos Two Boeing 737 aircraft flown by the airline, carrying the tail...

The 28th Amendment: Is It Time For A New Amendment On The Meaning Of Citizenship? Authored by Jonathan Turley, “Well, it’s a new world. It’s the same Constitution.” Those words from Chief Justice John Roberts during this week’s oral arguments signaled that the conservative justices are unlikely to reject birthright citizenship. Of course, nothing is certain until this summer when the Court issues its opinion in Trump v. Barbara. However, we need to consider the need for a 28th Amendment to reaffirm the meaning of citizenship. As some of us stressed before the oral argument,...