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Peter Schiff warns of an impending economic crisis in the U.S., emphasizing issues like unsustainable debt, hidden recessions, and misguided trade policies that could impact voters' economic experiences.
The U.S. government reports a record deficit of $1.1 trillion in just the first five months of 2025, raising concerns about fiscal sustainability as spending outpaces tax revenues significantly.
Over 200,000 unused government credit cards were deactivated as part of an audit initiative led by the Department of Government Efficiency (DOGE), which found inefficiencies in federal spending.
The anticipated boom in artificial intelligence spending has prompted officials to express concerns over the U.S. electricity grid's capacity to meet the rising power demands of data centers.
iRobot's shares plummeted after the company issued a dire "going concern" warning, revealing significant financial losses and a revenue shortfall that raised doubts about its ability to continue operations.

ZeroHedge

Schiff: It's Time For An Economic Reckoning zerohedge.com 41 minutes ago by Tyler Durden
Schiff: It's Time For An Economic Reckoning Via SchiffGold.com, In his recent appearance with Todd on the Sachs Realty Podcast, Peter Schiff…
US Deficit Hits Record $1.1 Trillion In First 5 Months Of 2025 As February Taxes Failed To Cover Even Half Of Spending zerohedge.com an hour ago by Tyler Durden
US Deficit Hits Record $1.1 Trillion In First 5 Months Of 2025 As February Taxes Failed To Cover Even Half Of Spending First the good news: E…
More Than 200,000 Government Credit Cards Deactivated: DOGE zerohedge.com an hour ago by Tyler Durden
More Than 200,000 Government Credit Cards Deactivated: DOGE Authored by Jack Phillips via The Epoch Times, The Department of Government Effi…
AI Data Center Build-Out Raises Concerns About America's Future Power Needs zerohedge.com 2 hours ago by Tyler Durden
AI Data Center Build-Out Raises Concerns About America's Future Power Needs Authored by Wesley Brown via The Epoch Times, As the United Stat…
Diddy Rape Accuser Alleges Coverup Involving Maui Police Chief Linked To Las Vegas Shooting zerohedge.com 2 hours ago by Tyler Durden
Diddy Rape Accuser Alleges Coverup Involving Maui Police Chief Linked To Las Vegas Shooting Maui Police Chief John Pelletier has been accused…

The Guardian

Trump’s ‘drill, baby, drill’ agenda could keep the world hooked on oil and gas theguardian.com 9 hours ago by Oliver Milman and Dharna Noor
Donald Trump, Fossil fuels, Climate crisis, Oil and gas companies, US domestic policy, US foreign policy, Trump administration, Energy, Pollution, Africa, Business, Energy industry, US politics, World news, US news, Environment
The US president is making energy deals with Japan and Ukraine, and in Africa has even touted resurrecting coal Donald Trump’s repeated mantr…
Biased laws and poverty driving huge rise in female prisoners – report theguardian.com 14 hours ago by Sarah Johnson
Global development, Prisons, Women's rights and gender equality, Women, World news, Sierra Leone, Zambia, Africa, Society, Prisons and probation, Law, UK criminal justice
First such study finds laws on abortion, debt and dress help increase rate of women being jailed twice as fast as for men Poverty, abuse and …
Sierra Leone’s immigration chief fired after footage showed him with fugitive drug lord theguardian.com a day ago by Eromo Egbejule in Abidjan
Sierra Leone, Drugs trade, Netherlands, Africa, World news, Europe
President sacks Alusine Kanneh after video of him with Johannes Leijdekkers, one of Europe’s most wanted Sierra Leone’s president has fired t…
Mother of teenage bride in South Sudan comes out of hiding to be with pregnant daughter theguardian.com 2 days ago by Florence Miettaux in Juba
Global development, Child marriage, South Sudan, Africa, World news
Athiak Dau Riak was traditionally married for a record bride price last year, despite her mother’s insistence that she was only 14, which led …
Drone attacks killing hundreds of civilians across Africa, says report theguardian.com 3 days ago by Mark Townsend
Global development, Drones (military), Conflict and arms, World news, Africa, Ethiopia, Mali, Sudan, Burkina Faso
Calls grow to control military use of unmanned aerial vehicles which, despite claims of precise targeting, are claiming civilian lives Almost…

South China Morning Post

Ukraine talks: Trump says US negotiators headed to Russia ‘right now’ scmp.com an hour ago by Agence France-Presse
The US president wouldn’t say when he would next speak to Putin, but said there had been ‘positive messages’ from Moscow on a possible truce.
Trump metal tariffs draw swift retaliation from Canada, hitting US$20 billion in US goods scmp.com 3 hours ago by Reuters
US products affected by Canada’s counter-tariffs include computers, sports equipment and cast iron products.
Dog shoots US man in bed after ‘paw stuck in trigger’ scmp.com 5 hours ago by Agence France-Presse
While gun violence is prolific in the US, cases of animals shooting humans are rare.
China summons Walmart bosses, AI vs human fighter pilots: SCMP daily highlights scmp.com 7 hours ago by SCMP
From Chinese officials meeting Walmart representatives to AI’s ability in aerial dogfights, here’s a round-up from today’s China coverage.
As Europe takes the lead on its own defence, it must agree on how scmp.com 8 hours ago by Marco Vicenzino
Europe needs greater collective leadership, pragmatism and rapid decision-making to remain a relevant force in the 21st century.

New York Times

At Columbia, Tension Over Gaza Protests Hits Breaking Point Under Trump nytimes.com an hour ago by Liam Stack and Katherine Rosman
United States Politics and Government, Israel-Gaza War (2023- ), Pro-Palestinian Campus Protests (2023- ), Colleges and Universities, Demonstrations, Protests and Riots, Freedom of Speech and Expression, Anti-Semitism, Academic Freedom, Zionism, Palestinians, Barnard College, Columbia University, Education Department (US), Hamas, Harvard University, Homeland Security Department, House Committee on Education and Labor, House of Representatives, Immigration and Customs Enforcement (US), National Institutes of Health, New York Civil Liberties Union, Tel Aviv University, Khalil, Mahmoud (Activist), Lieberman, Donna, Rubio, Marco, Trump, Donald J, Walberg, Timothy Lee, Gaza Strip, Israel, New York City, Tel Aviv (Israel)
There were protests, arrests, the departure of the school’s president. Then, a new administration arrived in Washington.
Mahmoud Khalil Has Not Been Allowed to Speak Privately With Lawyers nytimes.com 2 hours ago by Jonah E. Bromwich and Anusha Bayya
United States Politics and Government, Deportation, Columbia University, Furman, Jesse M, Louisiana, New York City, Khalil, Mahmoud (Activist), Demonstrations, Protests and Riots, Israel-Gaza War (2023- ), Hamas, Palestinians, Freedom of Speech and Expression
Mahmoud Khalil, a legal permanent resident who the Trump administration has claimed is a national security threat, is in immigration detention…
Yale Scholar Banned After A.I. News Site Accuses Her of Terrorist Link nytimes.com 3 hours ago by Stephanie Saul
Terrorism, Colleges and Universities, Artificial Intelligence, Palestinians, Yale University, Popular Front for the Liberation of Palestine, New Haven (Conn)
The deputy director of a liberal project at Yale Law School was put on leave over allegations that she is linked to Samidoun, a group the U.S.…
Are Schools Succeeding? Education Department Cuts Could Make It Hard to Know nytimes.com an hour ago by Dana Goldstein and Sarah Mervosh
Layoffs and Job Reductions, Research, Education (K-12), American Institutes for Research, Education Department (US), MDRC, Oregon, Utah
At least 800 education department research employees and outside partners have lost jobs. The cuts will decimate research and data collection.
Federal Agency Dedicated to Mental Illness and Addiction Faces Huge Cuts nytimes.com 2 hours ago by Jan Hoffman
your-feed-science, United States Politics and Government, Drug Abuse and Traffic, Mental Health and Disorders, Therapy and Rehabilitation, Medicine and Health, Addiction (Psychology), Substance Abuse and Mental Health Services Administration, Health and Human Services Department, your-feed-healthcare
The Substance Abuse and Mental Health Services Administration has already closed offices and could see staff numbers reduced by 50 percent.