FTC Seeks To Hold Martin Shkreli In Contempt For Allegedly Violating Lifetime Pharmaceutical Industry Ban Federal regulators are seeking to hold Martin Shkreli in contempt of court, accusing the controversial former pharmaceutical executive of repeatedly violating a lifetime ban on participating in the drug industry. The Federal Trade Commission, joined by seven states, filed a motion Tuesday alleging that Shkreli has continued […]

Nobel Peace Prize Winner Navi Pillay Accused Of Helping China Target Uyghur Dissidents Authored by AG News Staff via American Greatness, Newly named 2026 Nobel Peace Prize laureate Navi Pillay is facing serious allegations that she helped China’s communist government identify Uyghur dissidents during her tenure as the United Nations’ top human rights official. Uyghur activists and human rights watchdogs raised concerns over the […]

Disney Says FCC Used Early License Reviews As “Maximal Coercive Pressure” On ABC While Dodging The Courts Disney and ABC told a federal court on Monday that the FCC ordered early license reviews of all eight ABC-owned stations to pressure the network over its programming, and picked that route because the alternatives would have put the dispute in front of a judge. Disney’s attorneys wrote in the filing, as reported by TheWrap, […]

“Busiest Week Ever”: Goldman’s Trading Desk Sees Rush Into Brazil After Bolsonaro’s First-Round Win Brazil’s general elections earlier this month sparked a right-wing wave at the polls. Though most polls forecast socialist President Luiz Inácio Lula da Silva narrowly leading in the first-round presidential race, right-wing Sen. Flávio Bolsonaro beat the unhinged leftist by around 2 percentage points. Bolsonaro and Lula now head […]

Houthi War Escalates: Riyadh Strikes Sanaa Oil, As Several Saudi Airports Shuttered The Saudi coalition, which is calling itself the Coalition to Restore Legitimacy in Yemen, on Tuesday issued a warning for civilians to evacuate a site in Sanaa ahead of a targeted operation. The city has been held by the Houthis going all the way back to 2014, and is the main base of the Iran-aligned government there. Specifically, civilians are […]

Saudi Arabia Rejects Request From Netanyahu To Join Yemen Operations Israeli media is reporting that the Netanyahu government wants to join the fight against the Iran-aligned Houthis in Yemen, and is seeking the Saudi coalition’s permission to do so. At the moment, Saudi jets are patrolling the skies and conducing hundreds of bombing raids against territory held by the Ansar Allah movement, in support of the Aden-based government […]

How Long To Rebuild The Gulf? Paul Sankey And Arjun Murti Debate Oil’s Future Tonight At 7pm ET With Brent crude trading above $100 per barrel and the Iran war continuing to disrupt global energy supplies, a troubling question remains: if the fighting ends tomorrow, how long will it take to repair the damage already inflicted on the Middle East’s energy infrastructure? Tonight at 7pm ET, ZeroHedge brings together two of Wall […]

Judge Blocks Further Tree Removal At DC Golf Course Trump Seeks To Renovate Authored by Jackson Richman via The Epoch Times, A federal judge issued a restraining order blocking further tree removal at a historic golf course the president plans to remake in Washington, after the Trump administration waited until nearly 5 p.m. on Friday to notify the court before removing hundreds of trees over the weekend. In an emergency hearing […]

491 Fugitives Hiding In Public Housing Arrested In Nationwide Sweep Authored by Naveen Athrappully via The Epoch Times, A multi-month law enforcement operation has led to the arrests of 491 criminal fugitives living in government-assisted housing. The Department of Housing and Urban Development in Alexandria, Va., on May 29, 2026. Madalina Kilroy/The Epoch TimesThe multi-agency initiative, Operation Clean House, was carried out by […]

“More Pain To Come”: Global Smartphone Shipments Plunge As Memory Crisis Crushes Budget Models Global smartphone shipments tumbled 22% in the third quarter as soaring memory chip costs forced handset manufacturers to scrap lower-priced models and focus on premium models, delaying purchases for working-class consumers, according to a new note by Loop Capital Markets. Loop Capital analyst John Donovan wrote early Tuesday that handset […]

Energy Department Orders PJM To Dispatch Units, Backup Power Through Mid-October Authored by Kimberly Hayek via The Epoch Times, The U.S. Department of Energy on Oct. 12 issued an emergency order directing PJM Interconnection, the largest U.S. grid operator, to dispatch specified generating units and order their operation as needed to maintain reliability. The emergency order, Order No. 202-26-50, also authorizes PJM to direct […]

Anthropic Issues Warning Over Self-Replicating AI – And Says A Chinese Model Pulled It Off Dario’s back with another one. Anthropic’s Frontier Red Team (yes, really) warned Monday in a blog post that small AI models may be “months away” from copying themselves across smart ovens, off-brand Android TV boxes and other poorly secured gadgets in your home, forming a botnet with no off switch. “A replicator like this would be […]

“Our Message Is: Smash Everything”; Belgian Students Expose Ignorance Over Protest Purposes In Revealing Video Authored by – Remix News Staff – via Remix News, A video clip of a Black male student at ongoing protests in Belgium showed him saying he does not know why he is protesting, and that his message is to “smash everything.” The clip is being used as another piece of evidence that the protests are not really about reforms […]

The New-Keynesian Establishment Is Congratulating Itself On A Job Well Done By Benjamin Picton, senior market strategist at Rabobank Give Yourself A Pat On The Back Growing up in Australia in the 1990s one would inevitably encounter curiously ‘Aussie’ cultural practises. One such practise was school children being directed by teachers to “give yourself a pat on the back” whenever you did particularly well at something. […]

Another Somali Shooter Walks Free Days After Murder Attempt Authored by Steve Watson via Modernity.news, Days after federal agents stopped an 18-year-old of Somali descent from buying an AK-47 to kill dozens at the Mall of America in an ISIS-inspired plot, another 18-year-old Somali is free after police say he opened fire outside a high school homecoming game. Investigators linked the Eden Prairie shooting to rival Somali gangs. […]

Six Flags Shares Crash After “Final Destination”-Style Roller-Coaster Incident Leaves One Dead Six Flags Entertainment shares plunged as much as 14% to the lowest level since December 2009 after a roller-coaster incident, in what can only be described as a “Final Destination”-style accident, left one person dead and several injured. Local police in Georgia are investigating what led to an incident at Six Flags Over Georgia that […]

Confessions Of A Newsletter Writing Market “Permabear”  Submitted by QTR’s Fringe Finance On my jog yesterday morning I was listening to a podcast about gambling addiction and heard the host bring up the age-old story of a guy selling sports betting picks. The host laughed and asked the obvious question: if this guy is so good at picking winners, why does he need to sell his picks? Why doesn’t he just bet on them himself and get […]

Existing Home Sales Hover Near Record Lows As Affordability Gap Widens With mortgage rates soaring, expectations were for a fourth straight month of declines in existing home sales. Instead sales rose 1.5% MoM (-0.8% exp) thanks in part to a downward revision for August (from -2.0% to -3.2% MoM)… At least some of last month’s modest improvement predated the more than half-point climb in mortgage rates since early September to […]

‘We Asked Her To Resign’: Kimberly Guilfoyle Out As Ambassador To Greece As we noted yesterday, odds of Kimberly Guilfoyle remaining as U.S. Ambassador to Greece were sitting right around 69% amid allegations of improper conduct. Now, the odds are at 97% after newly minted White House Press Secretary Katie Zacharia announced that the administration has asked Guilfoyle to resign after reports that President Trump and Secretary of […]

Goldman Reports Blowout Equity Trading Revenues As FICC Disappoints In a carbon copy of JPMorgan, which kicked off Q3 earnings season this morning, Goldman’s equities traders blew past expectations in the third quarter, while its fixed-income and rates-trading counterparts fell far below Wall Street’s estimates.That said, Goldman’s earnings were far cleaner than JPM’s, which saw various misses across investment banking, while […]

“I’ll Be Short Whole Year”: Paul Tudor Jones Dismisses Goldman’s Optimism, Warns Of Looming Dot-Com Style Equity Supply Tsunami Paul Tudor Jones appeared on CNBC’s “Squawk Box” earlier this morning and warned that corporate buybacks and mergers and acquisitions, which have fueled the four-year bull market, are nearing an inflection point and could reverse next year. “2027 is going to be really, really challenging for the stock […]

Zelensky Indicates Intelligence From Partners Cut Off Amid Overnight Strikes Ukraine’s President Volodymyr Zelensky has not only alleged that Russia has hit six energy sites since President Trump announced Putin signed on to an energy ceasefire, but he’s also lashing out at Western allies, saying that for the first time in a long time no intelligence was shared by ‘partners’ warning of the latest overnight attack. Zelensky said […]

Hock Tan Warns AI Investors Are Gambling In A Casino… Whose Chips His Own Credit Is Paying For Usually it’s the chip CEOs who are the cheerleaders and the bond market that plays the skeptic. On Monday, the CEO of the second-most important AI chipmaker on the planet decided to play both roles. Speaking on a panel at a DBS conference in Singapore, Broadcom boss Hock Tan said that many of the investors piling into AI behave more […]

Terror Plot At UK Airbase ‘Almost Certainly’ Directed By Iran, British PM Says Authored by Jill McLaughlin via The Epoch Times, Last month’s suspected terror plot at RAF Fairford, an airbase shared with the United States in England, was likely coordinated and directed by Iran’s ruling regime, British Prime Minister Andy Burnham said on Oct. 12. “I can confirm our assessment that it is highly likely to have been coordinated in […]

Nasdaq Futures Slide As AI “Casino” Hangover Crushes Kospi; S&P Flat After JPM FICC Miss US futures are mixed with the Nasdaq lagging as the AI rout that started on Wall Street on Monday ricocheted through Asia, where the Kospi crashed as much as 7% after Broadcom’s Hock Tan likened AI investing to a casino and China’s CXMT touted a denser memory chip design, while Q3 bank earnings kicked off with a FICC trading miss at […]