News Syndicates

Dave Burt, CEO of DeltaTerra Capital and renowned “Big Short” investor who foresaw the 2008 housing crisis, has voiced his concern over a potential repeat of the crisis. His worry is centered on what he sees as an underestimation of the systemic risk flooding poses to the mortgage market. Burt’s successful prediction of the subprime mortgage crisis and his consequent...

Commentary The Democratic Party, long known as the party for working people, is now for freeloaders. Democrats want taxpayers to support people who refuse to get off the couch and get a job. That’s the major reason Democrats and Republicans in Washington were locked in a stalemate for weeks over hiking the debt ceiling. The biggest sticking point was whether...

Home prices across the United States rose for the second consecutive month in March amid widespread shortages and inventory issues, according to data published on May 29. Home prices increased by 0.4 percent nationwide month over month, data from the S&P CoreLogic Case-Shiller US National Home Price index showed. That marked the second month in a row of gains after seven consecutive months of price...

The Republican candidate for Arizona secretary of state who challenged the 2022 election results in court was ordered on May 22 to pay over $48,000 in fees related to litigation. Mark Finchem, a former Arizona state lawmaker, was ordered to pay the fees by Maricopa County Superior Court Judge Melissa Julian, the order stated. Julian ordered Finchem to pay about...

CLIVE, Iowa—Florida Gov. Ron DeSantis said May 30 in the first formal stump speech of his 2024 presidential campaign in Iowa that former President Donald Trump has “moved left” on federal spending, abortion, and crime, gives only lip service to the “America First” policies that he failed to implement when in office, and cannot win a general election. “There are...

The free trade agreement between Australia and the UK has officially come into effect on May 31 after two years of negotiation. On May 30, British High Commissioner Vicki Treadell delivered the diplomatic note confirming that the UK’s domestic procedures for the trade agreement to come into force had been completed, effectively opening a new chapter in the trade relationship...

Commentary It is consoling to learn that the Chinese ambassador to Australia is concerned about how we spend our taxes. What, I wondered, could he impart to us about the expenditure of taxes by the Chinese authorities? Perhaps we could be building dozens of coal-fired power stations, as the Chinese Communist Party (CCP) is doing? Perhaps a massive expansion of...

Republicans are now moving to hold FBI Director Christopher Wray in contempt of Congress. The House Oversight Committee previously gave Wray six days to provide a document that they claim shows evidence against Hunter Biden and other members of the Biden family. After having not handed over the document, the charge is now going forward. Meanwhile, the Taliban is threatening...

The U.S. debt ceiling agreement established by President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) during the Memorial Day long weekend cleared a critical hurdle that will allow House lawmakers to vote on the deal. The House Rules Committee passed it with a vote of 7 to 6, advancing the debt limit bill—the Fiscal Responsibility Act—to the congressional floor...

NEW YORK—Wall Street churned to a mixed finish Tuesday as a long list of worries looms, even if the most pressing crisis seems to be calming as Washington moves to avoid a default on its debt. The S&P 500 edged up by 0.07, or less than 0.1 percent, to 4,205.52, hovering close to its highest level since August. The Dow...

“This is the unraveling of civilization, if we allow for the full-scale corruption—political and ideological corruption—of our knowledge-producing sector,” says James Lindsay. Lindsay is the founder of the website New Discourses, author of “The Marxification of Education” and “Race Marxism,” and co-author of “Cynical Theories.” He’s also one of the minds behind the “Grievance Studies Affair” or “Sokal-squared Hoax,” in...

Commentary The U.S.-dominated “rules-based world order” is, for the moment, dead, or at least moving into abeyance after its three-quarters of a century lifespan. The current global strategic architecture—the framework of states and their political alignments—along with all the accepted norms that sustain the balance of power, has already transformed to the point where all strategic presumptions must be reconsidered....

Sen. Lindsay Graham (R-S.C.) responded to Russia’s warrant for his arrest by saying he wore their ire as a “badge of honor.” Graham made his comments after news broke that Russia had issued a warrant for his arrest. “Here’s an offer to my Russian ‘friends’ who want to arrest and try me for calling out the Putin regime as being...

Former President Donald Trump is vowing to end birthright citizenship for illegal immigrants if he is reelected to a second term, echoing statements he made in 2018 about ending the longstanding policy. “As part of my plan to secure the border on Day One of my new term in office, I will sign an executive order making clear to federal...

Commentary In graduate school, I encountered the disturbing theory that your vote doesn’t actually count for much. We have a winner-take-all system of voting in this country. That means that one vote for x is always canceled out by a vote for y. So a husband and wife who disagree might as well stay home. I can recall as a...

Two suspected Chinese agents were recently indicted for attempting to bribe a public official with tens of thousands of dollars in a scheme targeting the persecuted faith group Falun Gong in the United States. John Chen, a 70-year-old U.S. citizen born in China, and Lin Feng, a Chinese citizen aged 43, were trying to get a Falun Gong-run entity stripped...

Millions of Americans spend a lot of time on their feet in their day-to-day lives. While minor aches and pains often call for nothing more extreme than a foot rub or a hot bath, there are some signs of discomfort that should never be ignored. Here are seven of the most common causes of foot pain to be aware of....

The Texas Legislature passed a bill on May 28 that could pave the way for locally elected prosecutors to be removed from office for misconduct if they fail to enforce certain laws. House Bill 17 (pdf) was introduced by Republican state Sen. Joan Huffman earlier this year and it passed the Senate Sunday in a 20–11 vote after passing both legislative houses in April. It...

Commentary China’s tech startup and venture capital boom over the last decade has produced some household names while stoking concerns that it would one day surpass innovation out of Silicon Valley. But that momentum has waned recently. Various reasons have dampened international funding into Chinese tech startups, including pandemic restrictions, the communist authority’s crackdown on tech, macroeconomic reasons such as...

Mining magnate and former CEO of Fortescue Metals, Andrew Forrest, believes an overreliance on fossil fuels is to blame for Australia’s record-high energy prices. In an interview with 2GB’s radio last week, Forrest declared that to combat high levels of inflation, Australia must swiftly transition to what he believes to be the cheapest form of energy available. “The reason why...