DOJ Alleges UC Medical School Discriminates In Race-Based Admissions Authored by Naveen Athrappully via The Epoch Times, A Department of Justice (DOJ) investigation into the University of California-San Francisco’s (UCSF’s) medical school has determined that the institution discriminates on a racial basis during its admission process. Signage on the exterior of a building at the UCSF Mission Bay campus in San Francisco on Feb. 10, […]

Iran Willing To Strike Deal With US Before Midterm Elections: Pezeshkian Summary US-Iran talks uncertain: as Iran has stuck by its conditions while engaging Kushner-Witkoff in NY at UN. Iran threatens escalation beyond Persian Gulf: Tehran warned the conflict could spread to the Indian Ocean if attacked again. Yemen front intensifies: Saudi Arabia said it intercepted six Houthi ballistic missiles. Oil markets […]

Wall Street’s Nuclear Bull Case Requires Reactors To Actually Get Built Wall Street is largely on board with the nuclear bull case. But investor patience is thinning with an industry that is enjoying both political support and demand from deep-pocketed customers, yet still struggles to this day to get any projects actually started. We noted a similar sentiment with Barclay’s nuclear outlook, as investors increasingly want […]

Columbia Professor Wins Award For Book On ‘White Paint’ Being Racist Authored by Micaiah Bilger via The College Fix, Among the many woke winners of this year’s prestigious National Book Awards is a black Columbia University professor whose screed attacks “white paint” as racist. Professor Wendy Walters’ new book, “A Dead White: An Argument Against White Paint,” claims that white paint is not the “neutral” architectural design […]

Bessent Plays Hardball With “Bloomberg Bros”: Yields Spike As Treasury Accepts Just 68% Of Maximum Buyback Offers Two weeks ago, treasury yields spiked to a 3 year high (still well below 5%), after the first expanded Treasury buyuback operation which had a maximum capacity of $6 billion, resulted in just $5.187 billion in actual buyback offers accepted by the Treasury. That was a problem because as BofA’s rates guru, Mark Cabana, […]

Greenland Mining Company Plans To Double Size Of Rare-Earth Mine As US Signs Agreement Authored by Jill McLaughlin via The Epoch Times, Days after President Donald Trump announced a security agreement with Greenland and Denmark, Greenland Mines applied on Sept. 21 to double the size of its rare earth mine to supply magnet metals needed for electric vehicles, wind turbines, and defense systems on the island. The North […]

‘Palestinian Rachel Dolezal’: Philadelphia Activist Admits She Lied About Being Palestinian And Black A Philadelphia activist spent years building a public persona around identities she apparently didn’t have, proving once again that even people obsessed with policing everyone else’s identity occasionally forget to check their own paperwork. Hannah Gann, a teacher and prominent local anti-Israel activist, admitted this week […]

This. Is. Madness… Authored by Steve Watson via Modernity.news, The View co-host Sunny Hostin cited the Lindsay Clancy mistrial Tuesday to relate a celebratory story about how in 1991 she was a lone jury hold out who flipped for a cannibal killer who boiled a woman and literally served her as soup. While the panel chewed over the Clancy debacle, Hostin announced she had effectively blocked a guilty verdict for Daniel Rakowitz […]

Ugly 7Y Auction Tails As Foreign Demand Slides Despite Record High Yield After yesterday’s dismal 5Y aucton which pushed yields to multi-decade highs, moments ago the Treasury completed its last coupon auction of the week, selling $44 billion in 7Y paper. It was another ugly auction, if not quite as ugly as yesterday’s shitshow. The sale stopped at a high yield of 5.085%, up from 4.512% a month ago and the highest yield on record […]

Russia Hammers Kiev In Rare Daytime Attacks; Kremlin ‘Appreciates’ US G20 Invite At a moment Ukrainian President Volodymyr Zelensky is still in New York City Thursday, attending meetings on the sidelines of the United Nations General Assembly, his capital of Kiev has been rocked by fresh Russian strikes, which killed at least two people and wounded over 40 more. The attacks began in the daytime on Wednesday, and appear to have […]

Satellite Images Reveal Rapid Expansion At Seven Chinese Nuclear Sites Authored by AG News Staff via American Greatness, China is rapidly expanding infrastructure tied to its nuclear weapons program, with satellite images revealing major construction at seven sites as Beijing faces growing scrutiny over its expanding arsenal. An investigation published Wednesday identified activity at Pingtong, Zitong, Lop Nur, Jiuquan, […]

Nvidia CEO Jensen Huang Just Torched Doomsday AI Bros, Says STFU About Existential Risk Or Shut It Down The CEOs behind frontier AI keep talking like bystanders – warning seemingly daily about ‘existential risk, runaway superintelligence, and competitive pressure’ that’s totally out of their control, so they need big brother to help slow them down.  Jensen Huang isn’t buying it. In an interview on The Ezra Klein Show this […]

White House Restores Access For Banned Media Outlets After Judge’s Ruling Update (1230ET): Following US District Judge Timothy J. Kelly’s earlier decision, the Trump administration said in a legal filing that it has restored access for now to three media outlets the president had banned from White House grounds last week. Reporters from CNN and MS NOW started returning to the White House grounds after a federal court had ordered […]

FERC Rejects ComEd’s Cancellation Of $20 Billion Data Center Contract By Ethan Howland of UtilityDive The Federal Energy Regulatory Commission on Tuesday rejected Commonwealth Edison’s “notice of cancellation” of a transmission security agreement, or TSA, for a 1.8-GW, $20-billion data center PowerHouse Hillwood Holding is developing in Joliet, Illinois. In part, the contract dispute centers on the TSA’s credit support […]

NatGas Spikes As Major West Virginia Pipeline Declares Force Majeure TC Energy’s Columbia Gas Transmission pipeline system issued a notice requiring an “immediate pressure reduction” on Mountaineer XPress Line 100 between the Mt. Olive Compressor Station in Jackson County and the Saunders Creek Regulator Station in Cabell County, West Virginia, warning that an “expected mechanical issue” would reduce scheduled volumes. Columbia […]

Anthropic CEO (Again) Warns Poorly Managed AI Could Be ‘Risk To Humanity’ Authored by Jacki Thrapp via The Epoch Times, Anthropic CEO Dario Amodei warned that artificial intelligence could “be a risk to humanity as a whole” during a briefing before the United Nations Security Council on Sept. 23. Amodei was among the top AI executives who spoke at the meeting – organized by France during the annual U.N. General Assembly […]

Goldman Puts Almonty At “Center” Of Western Tungsten Race Three weeks after Jefferies chemicals and materials analyst Laurence Alexander initiated coverage of Almonty Industries with a “Buy” rating and a 12-month price target of $26.25, framing it as a play on the “Western Tungsten Re-Shoring Trade,” Goldman Sachs launched coverage early Thursday, describing the miner as “at the center of the Western tungsten investment narrative.” […]

Are Bonds About To Crash The Stock Market? Submitted by QTR’s Fringe Finance There. I’ve said it. I’ve gone from pussyfooting around and saying the AI bubble could pop in 6 to 10 months…which I still believe…to the very definitive statement that if the bond market keeps acting like this, the equity markets will get slaughtered. And I mean, wrath of God type shit. This isn’t even a particularly sophisticated thesis. […]

McDonald’s Sinks To Four-Year Low As Deutsche Bank Sours On Turnaround Hopes McDonald’s shares tumbled as much as 5.9% on Wednesday, the sharpest intraday decline since the early-2020 Covid selloff, before closing down 4.8% at their lowest level since 2022.  The Big Mac quick-service restaurant chain’s investor day heightened Wall Street concerns that softening US sales, coupled with plans for massive investments across […]

What T. Boone Pickens Would Ask About AI CapEx Authored by Patrick Feeley via Substack, I keep waiting for someone in the AI discussion to talk like an owner. What we get instead is a week of model releases, token counts, and model-lab valuations that look like oil majors, while the harder questions about turbines, interconnect queues, and who answers for the spend sit offstage. That imbalance would have driven T. Boone Pickens up […]