Report: Trump Might Bomb Iran Before Midterms

A flurry of bad news has drawn fresh scrutiny to the roughly $2 tln private credit market, as investors question the health of loan portfolios.

Trump Says US To 'Substantially Reduce' Military Drills With S.Korea, Cites 'Very Good Relationship' With Kim President Trump revealed Sunday he has ordered the Pentagon to scale back joint military exercises with longtime close ally South Korea, surprisingly mentioning his "very good relationship" with North Korean leader Kim Jong Un as a motivating factor in the decision. Trump said in a Truth Social posts that exercises, due to start on Monday, are costly and "send a signal that is totally inappropriate and hostile" to North Korea, which he said "has been...

Why Rent Control Fails: Lessons From New York To Portland Authored by Tom Wilson via The Mises Institute, Housing costs in New York City have reached a level that many people can no longer afford. The response has been to push for more control—limits on rent increases and expanded tenant protections. The intention is clear. However, housing markets respond to incentives, not intentions. Under Zohran Mamdani, New York City is moving further in that direction. The focus is on limiting rent increases, expanding tenant protections, and increasing the role of government in the...