Treasury To Block Tax Credits For Illegal Immigrants Under New Trump Administration Rule The Treasury Department plans to issue regulations barring illegal immigrants and certain foreign nationals from receiving a range of refundable tax credits, a move the Trump administration says is necessary to ensure federal benefits are limited to those eligible under longstanding law. Treasury Secretary Scott Bessent said Thursday that the […]

The Labubu Omen Authored by Adam Sharp via DailyReckoning.com, Remember Beanie Babies? In the late 1990s, they were all the rage. Tiny stuffed animals which cost less than $1 to manufacture were selling for thousands of dollars at peak. The Princess Diana memorial bear once fetched $500+, and today it sells for around $5. Peanut the Royal Blue Elephant hit $5,000 in 1999, and today a certified mint condition specimen might fetch […]

House Lawmakers Press Shein Over Sale Of Childlike Sex Dolls In The US Authored by Evgenia Filimianova via The Epoch Times, House lawmakers have asked fast-fashion retailer Shein to explain how childlike sex dolls were allowed to appear on its e-commerce platform and whether any were sold to U.S. customers, escalating an international controversy that earlier this month led France to suspend the company’s online marketplace. […]

Amb. Huckabee Under Fire For ‘Warm’ Meeting With Notorious Traitor & Spy Jonathan Pollard  US Ambassador to Israel Mike Huckabee is under fire and in the headlines after it was revealed he met with notorious traitor and spy Jonathan Pollard at the US Embassy in July. The former American intelligence analyst was convicted of espionage for Israel and sentenced to life in prison in 1987. Pollard’s is widely viewed as one of the […]

CapEx Spending On AI Is Masking Economic Weakness Authored by Lance Roberts via RealInvestmentAdvice.com, The U.S. economy’s recent growth has a distinctive engine: large‑scale capital expenditures (capex) tied to artificial intelligence (AI). Firms such as Microsoft, Alphabet (Google), Meta Platforms, and Amazon have announced massive investments in data centers, servers, networking equipment, and AI infrastructure. As […]

Bombshell Report: “Largest Funder Of Al-Shabaab Is Minnesota Taxpayer”  Investigative journalists Ryan Thorpe and Christopher F. Rufo have published a bombshell report in City Journal detailing how massive welfare fraud in Democrat-run Minnesota, much of it carried out through networks in the state’s Somali community, funneled stolen taxpayer money back to Somalia, where some of those funds ultimately ended up in the hands of […]

Half Of US Homes Lost Value Over Past Year: Zillow Authored by Naveen Athrappully via The Epoch Times (emphasis ours), U.S. homes are declining in value, but homeowners, on average, are not selling at a loss since there was a significant uptick in property value over the past few years, according to the latest analysis by online real estate marketplace Zillow published on Nov. 17. A property for sale in Arlington, Va., on Aug. 22, […]

Did Wendy’s Just Lose The QSR War Fast-food chains are locked in a fierce multi-year battle for low- and middle-income consumers, rolling out value meals and discounts to protect market share. But as budget-conscious customers pull back on spending, one apparent casualty of this fight has emerged: Wendy’s. Wendy’s third-quarter results showed net sales down 4.4%, with same-restaurant sales falling 4.7%, driven by weaker foot […]

The New Bubble: How AI And Passive Investing Have Turned The Market Into A Powder Keg Authored by Chris Macintosh via InternationalMan.com, The US equity market is a bubble. Here is why: In my mind, to be defined as a “bubble” the potential for a sudden “pop” needs to be there. No matter how you define it, the probability of an extremely large drawdown in the S&P 500 has exponentially increased in the past few […]

DNC Pulls $15 Million Loan As A Lifeline Amid Rudderless Party The Democratic National Committee quietly took out a $15 million loan in October to replenish its depleted accounts, according to The New York Times, citing Federal Election Commission filings. “While it is true that party committees often take out loans and lines of credit, it is relatively rare for the D.N.C. to do so at this early point in an election cycle,” the NYT […]

Bitcoin Realized Losses Rise To FTX-Crash Levels: Where Is The Bottom? Authored by Helen Partz via CoinTelegaph.com, Bitcoin has taken a slide back to its April level of around $83,000, with mounting selling pressure prompting many investors to sell at a loss, reminiscent of major historic market crashes. Realized losses on Bitcoin have surged to levels not seen since the 2022 FTX collapse, according to blockchain data […]

Live Cattle Futures See Sharpest Monthly Slide In Five Years As Trump’s “Operation Affordability” Begins Live cattle futures are on track for their steepest monthly decline since the early months of the Covid pandemic, as expectations around President Trump’s Operation Affordability appear to be pressuring prices. Markets are pricing in Trump’s move to expand beef imports from Latin American countries. This was the news on […]

Analyzing All 28 Points Of The Leaked Russian-Ukrainian Peace Deal Framework Authored by Andrew Korybko via Substack, The overarching theme connecting the substance and timing of this agreement is therefore the US’ eagerness to resolve the Russian-US dimension of the New Cold War in order to prioritize the Sino-US dimension thereof as the next phase of its systemic competition with China over the future world order. The New […]

Putin Issues Response To Trump Peace Plan After Zelensky, Europe Balk Update(1300ET): Russia’s President Putin has responded to the Trump peace plan for the first time, after Zelensky and Europe had earlier issued either mixed or negative statements, Speaking at a Russian Security Council meeting Friday, Putin began by alluding to the August Alaska summit, “During the discussions, the American side asked us to make certain […]

Swalwell Announces Run For California Governor Amid Probe Into Alleged Mortgage Fraud Rep. Eric Swalwell (D-CA) announced Thursday night that he will run for California governor in 2026, joining an already-packed field of Democratic candidates vying to replace Gov. Gavin Newsom when his term ends.  California Rep. Eric Swalwell speaks during a House Judiciary Committee in September. | Win McNamee/Getty Images Appearing on “Jimmy […]

Trump To Meet With Mamdani At The White House Authored by Arjun Singh and Joseph Lord via The Epoch Times, President Donald Trump will meet New York Mayor-elect Zohran Mamdani at the White House today. “Communist Mayor of New York City, Zohran ‘Kwame’ Mamdani, has asked for a meeting. We have agreed that this meeting will take place at the Oval Office on Friday, November 21st,” Trump announced on Truth Social. Mamdani, […]

UMich Consumer Current Conditions Hit A Record (48 Year) Low The weakness from the preliminary UMich data for November has been confirmed with the final sentiment print confirmed the so-called ‘K-shaped’ economy as sentiment slumps with stocks near record highs. However, the small silver lining with today’s UMich data was an improvement intra-month from 50.3 to 51.0 for the headline (but still at its lowest since June 2022). After […]

Don’t Fight The Fed… But Is China Worth A Shot? By Daniel Moss, Bloomberg Markets Live reporter  The idea of taking out insurance against worst-case scenarios, mostly by cutting interest rates, became a popular choice among the world’s big central banks over the past quarter century. Beijing has shunned this doctrine lately. It may come with a price. The People’s Bank of China recently downplayed concerns that the world’s […]

‘Soft’ Survey Data Shows Services Strong, Manufacturing Weak In Nov As official US macro ‘hard’ data starts to creep out from Washington, we get more private ‘soft’ survey data this morning (for preliminary November period) and it is ‘mixed’ for want of a better word. S&P Global US Manufacturing PMI fell from 52.5 to 51.9 (worse than the 52.0 expected) – 4 month low S&P Global US Services PMI rose from 54.8 to 55.0 […]

Amazon Sending $1.5 Billion In Automatic Refunds To Customers: 4 Things To Know Authored by Jack Phillips via The Epoch Times (emphasis ours), Amazon has started sending emails and paying out up to $1.5 billion in automatic refunds to Prime customers who may be impacted by a recent settlement, according to an update from the Federal Trade Commission (FTC) on Monday. Amazon packages are transported by conveyor belts inside of an […]

Ukraine & Europe Reject Trump’s Russia Peace Plan, Prepare Emergency Call By all estimates, this is the first ever US-proposed peace plan which actually demands major concessions from Ukraine, but it also seeks to provide assurances for Kiev’s future protection modelled on NATO article five, according to Axios. Among President Zelensky’s top objectives has long been to obtain a robust US and European security guarantee, and […]

Stocks Rebound As Fed’s Williams Sparks Surge In Rate-Cut Odds After an ugly overnight session, US equity futures are back in the green this morning following dovish comments from NYFed Governor Williams… In the text of a speech he delivered Friday in Santiago, Chile, Williams said downside risks to employment have increased while upside risks to inflation have eased. “I view monetary policy as being modestly restrictive, […]

Stratospheric Warming Sparks Goldman Warning Of Looming U.S. Polar Vortex We began this week by publishing a weather note on the latest weather models, warning of an incoming winter cold blast that will sweep across parts of the Lower 48 during the holiday Thanksgiving week. You might have noticed that the term “polar vortex” has been popping up across the news cycle in recent days, with headline volume (via Bloomberg data) […]

US & Qatar Force EU Climate Policy U-Turn – End of the ESG Era? Submitted by Thomas Kolbe While former German Foreign Minister Annalena Baerbock calls for a fight against climate-driven global apocalypse at COP30, Brussels is being forced into political restraint by pressure from the US and Qatar. On the horizon, the end of the EU’s grand climate machinations is becoming visible. November 13, 2025, could mark a turning […]

Futures Slide As Bitcoin Flash Crashes To April Low Ahead Of $3.1 Trillion Opex 10 Things You Shouldn’t Miss This AM… 1) Japan on Friday escalated its warning of currency intervention and the central bank governor signaled the chance of a near-term interest rate hike, as authorities sought to combat unwelcome yen falls blamed for pushing up the cost of living. RTRS 2) Japan’s inflation ticked higher and exports rose. […]