"The original sin of monetary policy is easing before a downturn fully starves inflation, and here we go again – taking a bite out of the same apple."

Gun rights advocates decried the legislative package... Newsom said the new laws will help California maintain a leadership position in firearms safety...

Russell has a $5.3bn seller even in a flat tape. But it's hitting major support with cheap vol. The pain trade? Higher.

Mamdani wants New York’s billionaires to cough up more money. Maybe he should call Florida and ask how they’re getting them to hand it over voluntarily.

...sometimes electoral losses can serve as wake-up calls.

If cheaper energy can no longer provide relief to rates, the market may be confronting a much more fundamental problem...

America gets the growth and AI upside, but the bill arrives in inflation, yields, power demand and an increasingly brutal global race to deploy...

Adapting the Finland Model to frigate production offers way ahead that could leverage shipbuilding capacity in Japan and South Korea...

Google finally ships its long-awaited flagship, and its own employees are already asking whether it can build a website that doesn't look like it was designed in 2009

 

He still doxxed homeowners for angry revolutionaries to target... 

Party officials say candidates in other close races have told her team outright to stay away.

US PCE data was broadly softer than expected, although somewhat clouded by BEA methodology changes, with many expecting a downside surprise, while final Q2 GDP was revised up.

David Perdue says China has escalated its rare-earth controls to include criminal penalties, asset seizures, and exit bans.

Oil puts are bid. Credit protection is bid. MOVE is screaming. VIX is asleep. Quite the setup.

Power plants knocked offline near Damascus International Airport...

"the economic impact should be nearly offset by the effects of higher equity prices, narrower credit spreads, and a weaker dollar, resulting in only a 0.1pp net hit to 2026 GDP growth"

The package of 21 bills also includes a revised ban on officers wearing masks after a federal judge blocked California's first one.