"Everyone Has Blown Up": London Macro Traders Carried-Out As French Carry Trade Implodes (Again)

Our Country...? Authored by James Howard Kunstler via kunstler.com, Pornish Hen "[NY Attorney General Letitia] James has always followed the policy of the Queen of Hearts in 'Alice in Wonderland': Sentence first, verdict afterward." You can be certain that nobody involved in the Cornell U fraternity gang-bang circus is going to come out looking good, not the frat boys, not the girl, not the county DA, not New York AG Letitia James, and not NY Governor Kathy Hochul. The latter two have decided to showboat what has become a rape case in an...

DeepSeek Pauses Fundraising After Founder's Remarks Leaked Authored by Arthur Zhang via The Epoch Times, Chinese artificial intelligence (AI) startup DeepSeek has paused a second fundraising round after founder Liang Wenfeng’s remarks at a conference circulated online, including a statement that the company could obtain some processors he described as “noncompliant.” Liang made the remarks during a May 20 closed-door investor meeting on why DeepSeek was receiving fewer Huawei processors than China’s major internet companies. The transcript of the meeting was shared online and posted on GitHub on July 22. “For us, we...

Judge Rejects States' Attempt To Block Medicaid Work Requirements Authored by Zachary Stieber via The Epoch Times, A federal judge on July 30 declined to block new work requirements for Medicaid recipients that states must implement by Jan. 1, 2027. Judge Richard Stearns of the U.S. District Court for the District of Massachusetts turned down a request for a preliminary injunction made by Massachusetts and 25 other states to block the work requirements as the states’ legal challenge proceeds. Stearns said in a six-page decision that the harms about which the states complained—added...