Judge Blocks Trump’s $100,000 Fee For H-1B Visas Authored by Zachary Stieber via The Epoch Times, President Donald Trump’s $100,000 fee for H-1B visas is not legal, a federal judge said on June 8. President Donald Trump speaks before signing an executive order in the South Court Auditorium in the Eisenhower Executive Office Building in Washington on Aug. 5, 2025. Win McNamee/Getty Images The fee for visas for specialty foreign […]

UBS Warns America’s Restaurants Locked In “Difficult Cycle” As Tax-Refund Sugar-High Fades There is certainly a growing consensus on Wall Street that the tax-refund sugar high is fading just as consumers’ financial profiles deteriorate. The latest read-through comes from UBS analyst Dennis Geiger, the bank’s U.S. restaurants equity research analyst, who warns that a toxic cocktail of macro pressures is likely to crimp restaurant […]

6.4 Magnitude Quake Rocks Western Cuba, Sends Tremors Into South Florida The USGS reported that a magnitude 6.4 earthquake struck just off the coast of Cuba around 2 p.m. ET, with residents across parts of Florida reporting feeling the shaking. Notable quake, preliminary info: M 6.4 – 118 km WNW of Mantua, Cuba https://t.co/EUaVqZo8M1 — USGS Earthquakes (@USGS_Quakes) June 8, 2026 The offshore quake was detected near Pinar del […]

DOJ Asks Courts To Strip 17 Criminals Of US Citizenship Authored by Zachary Stieber via The Epoch Times, The Department of Justice (DOJ) on Monday announced it has asked courts across the country to strip more than a dozen people who have pleaded guilty or been convicted of crimes of their U.S. citizenship. Acting Attorney General Todd Blanche speaks during a press conference in Washington on April 27, 2026. Madalina Kilroy/The […]

Apple’s Long-Awaited AI Siri Fails To Impress As Shares Pump Then Dump During WWDC Summary:  Market Reaction: Buy the rumor, Sell the news   Apple Reveals Long-Awaited AI Siri  CEO Tim Cook gives his final WWDC keynote speech Goldman And UBS Preview Apple’s WWDC: AI Siri Takes Center Stage Apple CEO Tim Cook opened WWDC26 with a keynote on artificial intelligence, software updates, and developer tools across the company’s […]

Pentagon Names Alibaba, Baidu, And BYD In Updated Chinese Military Companies List As DoD Contracting Bans Loom The Department of Defense has filed a major update to its official list of “Chinese military companies” operating in the United States, formally naming or reaffirming high-profile firms including Alibaba, Baidu, BYD, BGI Group, and Autel as companies linked to Beijing’s military-civil fusion strategy. The notice, filed […]

Trump Admin Provided No Defensive Action For Israel Amid Iranian Missile Salvo We’ve been documenting the apparent immense strain in the US-Israel relationship related to Iran policy and strategy. In this latest round of trading major blows, President Trump reportedly not only told Israel to immediately halt its response and to not retaliate, but gave no order for US forces to protect Israel, for example by manning and operating […]

Netanyahu Confirms Israel ‘Holding Fire, For Now’ – Rejects Iran Red Line To Not Attack Lebanon Summary Israel has rejected Iran’s warning not to attack Lebanon, though aerial operations appear paused. Israeli officials say strikes on Iran being halted at President Trump’s request to ‘stop shooting’. Netanyahu confirms attacks halted ‘for now’. Iran FM accuses US of cooperating with Washington: “No one believes that the Zionist […]

India Rescues 24 Crewmembers From Stricken Tanker Off Oman After US Airstrike Update(1315ET): US Navy forces have announced a new Monday direction action operation in the Gulf of Oman. The US has cited that the vessel refused to respond to orders related to the blockade of Iranian naval ports. The ship attempted to sail to an Iranian port, in violation of the ongoing blockade. A CENTCOM statement indicated that the military […]

Trump Weighs Plan To Buy Chagos Islands, Home To Diego Garcia Military Base The White House is actively considering a plan to purchase the Chagos Islands, potentially undermining the UK’s agreement to transfer sovereignty of the strategically vital territory to Mauritius, according to reports. An undated photograph shows an aerial view of Diego Garcia. U.S. Navy via AP US officials have prepared proposals to bypass Britain and […]

Flying Car Industry Turns To Solid-State Batteries For Commercial Takeoff Authored by Bojan Stojkovski via Interesting Engineering, Solid-state battery advances could accelerate flying car adoption. GACAs the flying car industry moves from prototype development toward commercial deployment, attention is increasingly shifting to the technologies needed to support safe and scalable operations. Su Qingpeng, founder and CEO of GAC […]

US Bankruptcy Filings Surge 7% YoY In May Authored by Naveen Athrappully via The Epoch Times, Total U.S. bankruptcy filings, which include filings made by both businesses and individuals, rose by 7 percent in May on a year-to-year basis. A hiring sign at the Fashion Centre at Pentagon City shopping mall in Arlington, Va., on Jan 3, 2024. Madalina Vasiliu/The Epoch Times Individual bankruptcy filings rose by 8 percent during the […]

Wix Tumbles After Cutting 20% Of Workforce, Warns Of Deeper Growth Slowdown Website builder Wix announced an “organizational realignment” on Monday that will cut roughly 20% of its workforce, as the company warned of a sharper-than-expected slowdown in its Partners business. The restructuring is designed to streamline operations, discontinue lower-priority initiatives, and reallocate resources toward Wix’s core growth areas. “The […]

Inflation Expectations Dip, Driven By Lower Gas Prices, While Labor Market Prospects Worsen: NY Fed Survey Ahead of Wednesday’s CPI report which is expected to show a substantial rise in consumer prices, moments ago we got an early look into how consumers view inflation after the NY Fed’s latest monthly survey of consumer expectations reported that inflation expectations at the one-year horizon dipped to 3.46% in May from 3.64% in […]

We Are Being Warned That A “Godzilla El Niño” Could Absolutely Devastate Global Food Production Authored by Michael Snyder via The End of The American Dream blog, The waters of the Pacific Ocean are getting extremely warm, and that could provide fuel for an immensely destructive climate event that is unlike anything we have ever seen before. Even the United Nations has issued an ominous warning about the El Niño event that is in […]

Saylor’s Strategy Buys The Dip As Bitcoin Nears Mining Cost Floor A week after SELLING 32 Bitcoin – and (in part) triggering a waterfall decline in crypto – Bitcoin treasury company Strategy just BOUGHT an additional 1,550 BTC for approximately $101.3 million at an average price of $65,332 per bitcoin between June 1 and June 7, according to an 8-K filing with the SEC on Monday. Strategy now holds a total of 845,256 BTC – worth […]

Equity Supply Surge: What Historically Comes Next Authored by Lance Roberts via RealInvestmentAdvice.com, This past week, the market hit an all-time high. At the same time, Alphabet (GOOG) told investors it would raise $80 billion by selling stock to fund its AI buildout, and the shares fell about 4% on the news. Within days, SpaceX is reportedly set to price one of the largest IPOs ever attempted. If you want a live picture […]

Former Biden J6 Prosecutor’s ActBlue-Funded Firm Sues To Stop Trump’s UFC White House Event A federal lawsuit filed over the weekend seeks to halt the UFC “Freedom 250” event scheduled for June 14 on the White House South Lawn. The suit was brought by the Public Integrity Project – which is funded in part by ActBlue – on behalf of two Virginia residents and targets the Department of the Interior and National Park Service. Brendan […]

More Shocking Revelations Emerge In Henry Nowak Case… Authored by Steve Watson via Modernity, The brutal murder of 18-year-old Henry Nowak by Vickrum Digwa has exposed a pattern of ignored warnings, police inaction, and institutional failures that stretch back years. A young British man is dead after being stabbed multiple times with a large ceremonial dagger. Multiple red flags about the killer were waved in front of […]

Key Events This Week: All Eyes On The First CPI Print Over 4% In 3 Years Before we look at the Fed, let’s take another quick look at the rollercoaster of the past trading session: a hawkish Fed repricing after the payrolls report triggered a sharp US equity sell-off on Friday with the S&P 500 falling -2.64% (2.59% on the week), its worst day of the year so far, snapping a run of nine consecutive weekly gains. Tech led the […]

Ceased Ceasefire? By Bas van Geffen, Senior Market Strategist at Rabobank There has been little progress in the US-Iran peace negotiations over the past weekend. In fact, it feels like the two sides have been walking backwards as the ceasefire is faltering.  The US and Iran are still at odds over the frozen Iranian assets, which Iran wants released as part of any deal. But, yesterday, President Trump said that he will not […]

Intel Jumps On Report Google Placed 3 Million TPU Foundry Order After last week’s sharp sell-off in chip stocks, the latest attempt to keep the AI bubble inflated comes from a report by The Information, which says Google has placed an order with Intel to manufacture more than 3 million Tensor Processing Units in 2028. Google’s TPU order with Intel is a big win for the struggling chip foundry as it tries to rebuild its empire in […]

“Prepare Your Colon”: HelloFresh Serves Up Anal-Sex-Themed Pride Month Ad Struggling meal-kit delivery company HelloFresh made a Pride Month joke in an official statement loaded with innuendo, using phrases that could easily be seen as sexualized rather than humorous. The ad only suggests the company’s marketing team still does not understand that this kind of culture-war marketing can alienate parts of its potential customer base, […]

Futures Rebound, Oil Pares Gain After Iran Declares End To Military Operations US stocks futures rebounded and oil pared much of its overnight gains, following a declaration from Iran that military operations against Israel ended after the biggest military escalation between Iran and Israel overnight. As of 8:00am ET, S&P futures rose 0.7% while those for the Nasdaq 100 climbed 1.4%, with Mag 7 stocks trading mostly higher in […]

Poll Finds Strong Support For Larger Families Despite Falling US Birth Rates Authored by Savannah Hulsey Pointer via The Epoch Times, Most respondents said having children is important to a fulfilling life, while citing faith, family values, and economic stability as key factors. The question of the declining birth rate in the United States has been weighing on many, including economists and those in the religious sector. As more […]