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Economy headlines from CNBC, ZeroHedge, the Federal Reserve, and other sources — updated automatically, newest first.
Germany Puts Ukrainian Ex-Officer On Trial For Nord Stream "War Crime" As Defense Says Pipelines Were Fair Game Four years after the largest act of infrastructure sabotage in postwar Europe, Germany finally has a defendant. Just one. Serhii Kuznietsov, a 50-year-old former Ukrainian army officer,…
Read full article at ZeroHedgeDoes China Have Enough Water For Its Thirsty AI Data Centers? Authored by James Gorrie via The Epoch Times , According to China's Ministry of Water Resources, China has nearly one-fifth of the world's population but only about 6 percent of global freshwater resources. That presents planners in…
Read full article at ZeroHedge"It's A Pity...": Zelensky Feels 'Betrayed' By Trump & Elon Musk Ukrainian President Volodymyr Zelensky says he feels betrayed by President Trump in the wake of the US deal to buy Russian fuel from Moscow, which was announced last week. Zelensky went on a newly aired episode of Piers Morgan's…
Read full article at ZeroHedgePeople Who Bought MAGA Hats!? Jack Smith's Arctic Frost Hoovered Up Data On At Least 639,000 Republican Voters, Donors Former special counsel Jack Smith's office and the Biden Justice Department obtained spreadsheets on "over 639,000 individuals, at minimum" - Republican donors, supporters and…
Read full article at ZeroHedgeAsia Scrambles For Coal As Energy Crisis Sends Prices To Two-Year High Ahead Of Winter As the Northern Hemisphere winter quickly approaches, Asian thermal coal prices have climbed to two-year highs and could be on the cusp of a major breakout as utilities stockpile the dirty fuel amid disruptions…
Read full article at ZeroHedgeMohammed bin Salman Is More At Risk Internally Than From Houthi Attacks Authored by Alastair Crooke As part of its “blockade-for-blockade,” “airport-for-airport” strategy, Ansarallah carried out a third attack on Riyadh International Airport on Saturday — 12 people (mostly civilians) were killed…
Read full article at ZeroHedgeTrump Doubles Down On $5,000 Payments Tied To Midterm Results President Trump released a new video ad this week repeating his pledge of $5,000 for every adult citizen if Republicans keep the House and the Senate in the Nov. 4 midterms. "I'm going to give all adult citizens in the United States of…
Read full article at ZeroHedgeNo Quick Pump Relief: IEA Warns Diesel Squeeze Will Persist Into 2027 Goldman energy analyst Nikhil Bhandari warned last month that a deepening refining crisis could prolong diesel and gasoline pain at the pump well into 2027. Now, the International Energy Agency is reinforcing that warning ,…
Read full article at ZeroHedgeTrump Admin Looking To Strip Ilhan Omar's Citizenship, Then Deport Her; Passport Seized In Raid The Trump administration wants to strip Rep. Ilhan Omar (D-MN) of her US citizenship and then deport her , according to US officials and others familiar with the case who spoke to the Wall Street…
Read full article at ZeroHedgeReport Alleges Houthis Building Advanced Missiles With Help From China It should come as no surprise that Iran maintains powerful allies even while under threat of US bombs, and as Washington sanctions have sought its complete isolation . Most obvious among these remain Russia and China - nations…
Read full article at ZeroHedgeCongresswoman Warns Incoming Socialists Are "National Security Threat," Wants Their Access To Intel Limited Rep. Nicole Malliotakis, (R-N.Y.), said two members of the Democratic Socialists of America (DSA) who appear headed to Congress could pose a national security risk, and she wants House…
Read full article at ZeroHedge"F**k You!" Hollywood Civil War Erupts As Ari Emanuel Goes Nuclear On Legendary Kingmaker Hollywood power broker Ari Emanuel unleashed a profanity-laced tirade against fellow entertainment mogul Jeffrey Katzenberg , accusing the Democrat megadonor of double-crossing him in business and putting his…
Read full article at ZeroHedgeJudge "Highly Likely" To Grant Apple Injunction As OpenAI Fires Back With Its Own Theft Allegations The judge overseeing Apple's trade-secret case against OpenAI said Wednesday he is "highly likely" to grant an injunction barring use of the iPhone maker's proprietary information , a potential…
Read full article at ZeroHedgeRussia Arrests Japanese Journalist On Espionage Charges, Tokyo Summons Ambassador Relations between Russian and Japan have been on a downward spiral of late, as Tokyo continues cozying up to the US military as well as NATO, and amid a long-simmering dispute over the Kuril Islands, which Japan…
Read full article at ZeroHedgeNot 'The Onion': Harper's Magazine To Honor NPR CEO Katherine Maher With First Amendment Award Authored by Jonathan Turley via JonathanTurley.org , Harper's Magazine appears to be competing with The Onion in satire this week. It is awarding its First Amendment prize to NPR CEO Katherine Maher. It…
Read full article at ZeroHedge"I Come From Your Future": A Frenchman's Warning To All Americans Voting Democrat France's welfare-state promises are colliding with a bill that keeps getting bigger. Far-left radicals rioting, fiscal crisis, and political uncertainty are exposing the upper limits of a system built on handouts,…
Read full article at ZeroHedgeAmerica Looks Richer Than Ever. What Happens When The Fed's Asset Bubble Bursts? Authored by David Stockman via InternationalMan.com , It is now abundantly obvious that the FOMC and its clumsy rate-pegging and credit printing tools are not remotely fit for purpose. The real impact is dramatically…
Read full article at ZeroHedgePizza Losing Value War As Cash-Strapped "Proteinmaxxing" Consumers Flock To Chicken Domino's Pizza shares fell 3% in the early US cash session after the quick-service restaurant chain reported weaker-than-expected same-store sales growth in the US and internationally, despite earnings and revenue…
Read full article at ZeroHedgeUseless Without Transmission: DOE Backs $581 Million TVA Grid Expansion On the same day we asked how much of the grid’s bill is really AI’s, the Department of Energy offered a partial answer. @TVAnews and @ENERGY are supporting readily-available, affordable energy that powers Tennessee and the…
Read full article at ZeroHedgeDowd: "Investment Bubbles Are A Feature Of Capitalism, Not A Bug" Authored by Ed Dowd via Ed Dowd's Beyond The Narrative Substack , On Friday October 9th Bloomberg published an article titled "Jeffries' Chris Wood Sees 'Massive Capital Destruction' in AI." His view is that the most likely…
Read full article at ZeroHedgeZeroHedge Debate: Sankey Predicts 2028 Oil Futures Will Feel The Pain Soon The damage inflicted on global energy infrastructure during the Iran war could have consequences lasting well beyond the conflict itself , according to veteran energy analysts Paul Sankey and Arjun Murti, who joined Erik…
Read full article at ZeroHedgeCVS To Pay $315 Million Over Claims It Filled Unlawful Opioid Prescriptions Authored by Kimberly Hayek via The Epoch Times , CVS Pharmacy Inc. and related entities agreed Tuesday to pay $315 million to resolve Justice Department allegations that the company illegally filled opioid and other…
Read full article at ZeroHedgeFormer Gang Leader Sentenced To 40 Years To Life In Tupac Shakur Murder Authored by Savannah Hulsey Pointer via The Epoch Times , A former gang leader was sentenced to 40 years to life in prison on Tuesday for his part in the 1996 death of rapper Tupac Shakur. Duane "Keffe D" Davis, 63, faced the…
Read full article at ZeroHedgeTrump Touts Taiwan-Alaska LNG Deal Offering Decades Of Conflict-Free Supply Beyond Hormuz The Gulf area conflict is rewiring global energy supply chains , with Taiwan turning to Alaska for long-term, conflict-free liquefied natural gas supplies. President Trump touted the latest development on…
Read full article at ZeroHedgeHillary Clinton Launches Political Podcast Ahead Of Midterm Elections Authored by AG News Staff via American Greatness , Former Secretary of State Hillary Clinton is returning to the political spotlight with a new podcast alongside former CNN host Kara Swisher, just weeks before the November…
Read full article at ZeroHedgeCan Lasers Beat Drone Swarms? The Pentagon Is About To Find Out Authored by Alex Kimani via OilPrice , The enormous expansion of drone warfare is forcing militaries to reconsider how much ammunition they can afford to fire at relatively cheap targets . The Pentagon is betting that some of that…
Read full article at ZeroHedgeRoyal Found Passed Out After Cocaine Binge As Toddler Wanders Toward Traffic A member of one of the world's wealthiest royal families was found passed out on a busy London street after a cocaine binge while a barefoot toddler wandered dangerously close to traffic , a British court has heard.…
Read full article at ZeroHedge'Malicious Intent': OpenAI CFO Warns Companies Against 'Cheap Chinese AI Models' Due To Safety Risks And there it is... OpenAI Chief Financial Officer Sarah Friar warned businesses on Wednesday that adopting low-cost Chinese artificial intelligence models carries material cybersecurity risks ,…
Read full article at ZeroHedgeU.S. inflation has stayed elevated for years, raising concern at the Federal Reserve that consumers may come to expect stubbornly high prices.
Read full article at CNBC EconomyJudge Extends Order Allowing News Agencies White House Access Authored by Stacy Robinson via The Epoch Times , A federal judge has extended his order forbidding President Donald Trump from excluding certain media outlets from accessing the White House. U.S. District Judge Timothy Kelly issued a…
Read full article at ZeroHedge"Its Going To Zero": CoreWeave Implodes As Stocks Finally Notice What Credit Has Been Screaming For Weeks Yesterday morning we first pointed out that amid the ongoing data center bond rout (which we have been discussing virtually every day for the past month ), the G-spread of former bitcoin miner…
Read full article at ZeroHedgeUkraine Attacks Two More Refineries After Trump's Proclaimed 'Energy Ceasefire': Kremlin The Kremlin on Wednesday indicated that work on the Trump-proposed energy truce with Ukraine is continuing , but in contradiction with recent Trump proclamations did not treat it as any kind of done deal…
Read full article at ZeroHedgeAnthropic Opens Its Books To Wall Street As OpenAI's $20 Billion "Gross-Net" Hole Hangs Over AI Trade One number. That is what an entire equity complex, by now worth tens of trillions across public and private markets, is waiting for today in San Francisco. As Bloomberg first reported , Anthropic…
Read full article at ZeroHedgeCornell Bans Fraternity Parties Amid Gang Rape Allegations Authored by Jackson Richman via The Epoch Times , Cornell University has banned parties at fraternity houses for the rest of the academic year amid a reopened investigation into an alleged rape on campus two years ago. In an Oct. 13…
Read full article at ZeroHedgeNetflix Makes Biggest Workforce Cut Since 2022 Following our reporting earlier this week that Netflix was preparing its first major workforce reduction since 2022, The Wall Street Journal reported Wednesday morning, right before the US cash session, that the company is cutting 6% of its staff, or…
Read full article at ZeroHedgeNation's Largest Power Grid Declares Emergency As Hot Temps Collide With Maintenance Shutdowns A short-lived heat blast across the Midwest and Mid-Atlantic overlaps with scheduled power plant shutdowns for seasonal maintenance on PJM Interconnection's grid, which serves 67 million people from the…
Read full article at ZeroHedgeHouthi Missile On Riyadh Wounds Residents, As IMF Chief Warns Of Spillover 'For Everybody, Everywhere' Wednesday has witnessed another Houthi ballistic missile attack targeting Saudi Arabia's capital. The kingdom's civil defense spokesman has confirmed bystanders were injured when missile debris…
Read full article at ZeroHedgeBill Gates Fearmongers "Grim" AI Cyberattack Surprises Authored by Steve Watson via Modernity.news , Bill Gates returned to the Sunday-show circuit this week with a fresh round of alarms about artificial intelligence, telling CNN's Jake Tapper that the technology is "more dangerous than any" cars,…
Read full article at ZeroHedge$20 Billion In Suspicious Biden-Era Climate Grants Remains Frozen As Trump Administration Eyes Supreme Court Fight Authored by AG News Staff via American Greatness , A $20 billion Biden-era climate grant program remains frozen despite a federal appeals court ruling against the Trump…
Read full article at ZeroHedgeBurning Container Ship Sinks In Strait Of Hormuz, As IRGC Proclaims '5 Or 6' Vessels Targeted Nightly Iran has quite obviously been surging its attacks on commercial shipping in the Strait of Hormuz in an attempt to wreak uncertainty and economic havoc for the Trump administration ahead of the…
Read full article at ZeroHedgeLondon Police Chief: DEI Is An "Operational Necessity" Authored by Steve Watson via Modernity.news , Metropolitan Police Commissioner Sir Mark Rowley has accused critics of diversity, equity and inclusion policies of fuelling "toxicity" while launching a fresh recruitment drive focused on black…
Read full article at ZeroHedgeThe consumer price index was expected to increase 0.6% in September on a monthly basis and 3.6% from a year ago, according to the Dow Jones consensus forecast.
Read full article at CNBC Economy"Flashing Red": Rate-Hike Odds, Bond Yields Explode Higher After Hotter-Than-Expected CPI Tl;dr : "This inflation report is flashing red for the Fed," according to Olu Sonola, Head of US Economics at Fitch Ratings. "Energy pushed the headline number higher, as expected, but the real problem is…
Read full article at ZeroHedgeFutures Rise Ahead Of Hot CPI As Houthis Torch Aramco HQ, ASML Beat Fails To Revive Chip Trade US futures are higher, with small caps leading and tech lagging, as traders brace for what is expected to be the hottest monthly CPI print since the spring, digest more escalation in the Gulf after…
Read full article at ZeroHedgePope Leo XIV Diagnosed With Cancer As Doctors Remove Part Of His Lung Authored by Jill McLaughlin via The Epoch Times , Pope Leo XIV was diagnosed with lung cancer following surgery to remove a section of his lung on Oct. 13, the Vatican announced. Surgeons removed the lower lobe of the pope's…
Read full article at ZeroHedgeBank Of America Tumbles After Trading Miss Across The Board Last night we said Bank of America would use its brand new and "unexpected" $1.2 billion ( non tax-deductible ) money-laundering penalty as cover for an ugly quarter. This morning it tried to do just that. Just hours after Treasury fined…
Read full article at ZeroHedgeSaudi Arabia Planning To Bypass Hormuz With Massive Expansion Of Oil Pipeline Saudi Arabia plans to lift the East-West pipeline's capacity to 10 million barrels per day within two to three years , Energy Minister Prince Abdulaziz bin Salman said at the WPC Energy Congress in Riyadh, as the kingdom…
Read full article at ZeroHedgeTrump Announces "Massive" Greenland Oil Exploration Plans Authored by Tsvetana Paraskova via OilPrice.com , "Massive" oil, gas, and minerals exploration will soon begin in Greenland, U.S. President Donald Trump said on Wednesday, claiming that the territory has enormous resources of readily…
Read full article at ZeroHedgeSpaceX Reportedly Caps Starlink Speed As Kiev Defies Trump's Calls To Halt Refinery Strikes Reports say that SpaceX has imposed a movement-speed restriction on certain Starlink terminals used in Ukraine. The Kyiv Independent cited presidential adviser Serhii "Flash" Beskrestnov, who wrote on…
Read full article at ZeroHedge"NO TURKS - ALL OUT" - CDU Candidate With Turkish Background Allegedly Faked Hate Crime Attack Authored by Remix News Staff via Remix , Prosecutors have opened an investigation into a local Christian Democratic Union (CDU) mayoral candidate of Turkish origin who is accused of staging a racially…
Read full article at ZeroHedgePump-Pain Squeezes Convenience Store Spending: Citi Says "More Subdued" Mood Among Beverage Companies Our reporting this year has shown how skyrocketing gasoline and diesel prices at the pump are reshaping consumer spending habits at convenience stores and gas stations. As fuel costs take up a…
Read full article at ZeroHedgeBritish Prime Minister Says Russia Meddled In 2016 Referendum On Leaving EU Authored by Chris Summers via The Epoch Times , British Prime Minister Andy Burnham has said that Russia interfered in the UK's 2016 referendum on leaving the European Union, and he warned voters in France and Germany…
Read full article at ZeroHedgeFrom EVs To Attack Drones: Battery Factory Conversion Echoes WWII Industrial Mobilization Amprius Technologies has secured a $75 million US Department of War grant to convert an EV battery production line into advanced batteries for Group 1, 2, and 3 military drones . The award marks another…
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