Watch Live: Hillary Delivers Commencement Speech At Her Alma Mater, Wellesley College

As College Government President of the Class of '69, nearly 50 years ago Hillary Clinton became the first student in history to deliver a commencement speech at Wellesley College.  Moments from now Hillary will once again take that stage, absent the 'President' title, to deliver the commencement speech to the Class of 2017.

UMich Confidence Shows Partisan Divide Widest Ever But All Agree It's Time To Sell Your House

UMich confidence is stable at its post-Trump plateau for now, but the partisan divide between Republicans (robust economic growth ahead) and Democrats (recession looms) has never been wider. However, one thing they all agree on is that for the first time since the peak of the housing market in 2006, home-buyers are negative on home prices with home-sellers most dominant since 2005.

Estonia Expels Two Russian Diplomats; Moscow Warns This "Unfriendly Action Will Not Go Unanswered"

Two senior Russian diplomats, Consul General Dmitri Kazjonnov and Consul Andrei Surgjev, have been ordered to leave Estonia the country's foreign ministry said on Friday.It was not immediately clear what prompted the expulsion, and the Estonian foreign ministry gave no other details. "We can only confirm that two diplomats have been expelled," said spokesperson Mariann Sudakov.

How Non-profit Organizations Saved Q1 GDP

While healthcare was revised sharply lower in the second revision, this was more than offset by a $11.9 bilion annualized increase in expenditures of "nonprofit institutions serving households."

Core Durable Goods New Orders Plunge In April

Headline durable goods orders tumbled 0.7% MoM (the worst of the year), but beat expectations of a 1.5% drop. However, Core Durable Goods New Orders fell 0.4% (dramatically worse than the +0.4% expectation) for the worst performance since June 2016.

Frontrunning: May 26

  • Trump's first G7 expected to be 'challenging' (Reuters); Trump Saves Worst for Last on Foreign Trip (BBG)
  • Trump Blasts German Carmakers' U.S. Sales and Threatens Barriers (BBG)
  • Trump directly scolds NATO allies, says they owe 'massive' sums (Reuters)
  • Trump Likely to Maintain Obama’s Russia Sanctions (WSJ)
  • Juncker says Trump was not aggressive on German trade surplus (Reuters)

Global Rally Fizzles After "OPEC Shock" In "Slow Risk-Off Session"

S&P futures were fractionally lower from yesterday's record high as European stocks declined and Asian stocks were mixed, pressured by yesterday's 5% plunge in crude after OPEC unexpectedly "failed to surprise" markets, and announced the bare minimum supply cut extension that was expected by oil traders, who in turn puked long positions.

FBI Refuses To Hand Over "Comey Memos" To Congress

House Oversight Committee Chairman Jason Chaffetz said today that the FBI had decided to withhold documents requested by his committee in regards to the ongoing Russia probe. This was revealed in a letter sent by Chaffetz to the FBI responding to the agency’s decision to withhold documents requested by the Committee on May 16, 2017.

Investing Wisdoms... Spot What's Missing

"Experience is an expensive commodity to acquire, which is why it is always cheaper to learn from the mistakes of others... not one of the investing greats in history ever had "buy and hold" as a rule."

Around The World In 80 (Crazy) Taxes

From a pro-smoking tax in the Hubei province of China to a tax deduction for exceptional trees in Hawaii, there’s a few eyebrow raisers in here...

Censoring You To "Protect" You

The editor of The Vanguard at Portland State University decided that it was more important to cover up a story than to break it, more important to evade truths than to expose them, and more important to treat students -- and the wider world -- as children rather than thinking sentient adults able to make up their own minds.

Smartphone Addiction Tightens Its Global Grip

How long is it since you last used your phone? Chances are, you're using it right now to view this post. Analysts from Statista's Digital Market Outlook have revealed that the amount of time we're spending with our smartphones online has increased substantially over the last few years.

A New Financial System Is Being Born

"Many of us who lived through the 2008 crisis knew the financial system was dead. We knew it was corrupt, archaic and terminal, so many of us began bracing for what might come next. We did what we thought made sense at the time, which included buying precious metals like gold and silver given their historic track record of protecting wealth in periods of paradigm-shifting financial disruption, but a small group forward thinking geeks decided to do something much better. They decided to build an alternative."