US Existing Home Sales Unexpectedly Dropped In June, Just Off Record Lows After an ugly Spring selling season, existing home sales have rebounded in Q2 (so far) with expectations for another 1.0% MoM increase in June. However, that was not to be with US existing home sales tumbling 2.4% MoM in June (although May was…

The Choice To Go Up Or Down The Escalation Ladder Now Lies With Iran By Michael Every of Rabobank “It ain’t over till it’s over, but…” The US hit Iran for a second night along Hormuz, in southern cities, near a nuclear site, and a railway bridge in the northwest. The message from VP Vance…

Bloom Energy Defends Supply Chain, Calls Hunterbrook Report “False And Misleading” Bloom Energy is responding forcefully against allegations made by short seller Hunterbrook Capital, rejecting the firm’s claims about its accounting, supply chain and growth prospects a day after a report sent shares sharply lower. The clean energy company said Thursday that Hunterbrook’s assertions regarding…

Porsche Sales Tumble To Weakest In Six Years As Chinese Demand Plummets Days after Germany’s top financial newspaper, Handelsblatt, reported that Porsche AG is planning more than 4,000 job cuts, the sports-car maker on Thursday revealed first-half sales figures that were the weakest in six years, with its China business falling off a cliff. For…

FISA 702 authorization from congress expired June 12, 2026.  The world did not end, despite the predictions and proclamations from the DC proletariat and narrative engineers. However, despite the statutory expiration, the intelligence collection continues under the FISA Court’s annual certifications, which were renewed in March 2026 and remain valid through March 2027. {citation} The…