AI Summary
- The Supreme Court allowed President Trump's executive order limiting birthright citizenship to take effect, emphasizing that federal judges do not have the power to issue nationwide injunctions against presidential policies.
- The University of Michigan's consumer confidence index rose significantly, attributed to a drop in inflation fears, while a recent survey indicated discontent among certain demographic groups regarding inflation perceptions.
- The Denver City Council voted to dismantle an effective car theft tracking system, citing concerns that it could provide data to ICE for deportation purposes, despite the system's track record of recovering stolen vehicles.
- Wall Street reacted positively to the elimination of a controversial "revenge tax" from Trump's major legislative package, reflecting a favorable sentiment regarding the ongoing trade discussions with international partners.
- Student loan borrowers face an impending wage garnishment crisis, with projections estimating up to six million borrowers could enter default following the end of pandemic relief measures, highlighting the challenges in the current economy.
Powered by OpenAI
ZeroHedge
-
Supreme Court Slaps Down Activist Judges, Lets Trump's Birthright Citizenship EO Go Into Effect
zerohedge.com
10 minutes ago
by Tyler Durden
Supreme Court Slaps Down Activist Judges, Lets Trump's Birthright Citizenship EO Go Into Effect The Supreme Court on Friday allowed President…
-
UMich Confidence Jumps As Inflation Fears Plunge Most Since 2001
zerohedge.com
17 minutes ago
by Tyler Durden
UMich Confidence Jumps As Inflation Fears Plunge Most Since 2001 Following this morning's very modest rise in Core PCE (coming just a couple …
-
ICE, ICE Baby: Denver City Council Ends Car Theft Tracking System To Protect Illegal Immigrants
zerohedge.com
42 minutes ago
by Tyler Durden
ICE, ICE Baby: Denver City Council Ends Car Theft Tracking System To Protect Illegal Immigrants Authored by Jonathan Turley, The Denver City…
-
GOP Kills 'Revenge Tax' In Trump's Megabill, Wall Street Breathes Easy
zerohedge.com
an hour ago
by Tyler Durden
GOP Kills 'Revenge Tax' In Trump's Megabill, Wall Street Breathes Easy Wall Street analysts are breathing a major sigh of relief this morning…
-
Iran Denies Any Meeting With US Next Week, Rejects IAEA Inspectors
zerohedge.com
an hour ago
by Tyler Durden
Iran Denies Any Meeting With US Next Week, Rejects IAEA Inspectors Iran says it is still assessing damage at its nuclear sites which were hi…
-
DOGE Sparks Biggest Plunge In Social Security Handouts Ever; Fed's Favorite Inflation Indicator Ticked Higher In May
zerohedge.com
2 hours ago
by Tyler Durden
DOGE Sparks Biggest Plunge In Social Security Handouts Ever; Fed's Favorite Inflation Indicator Ticked Higher In May The Fed's favorite infla…
-
S&P Futures Trade At All Time High Boosted By Trade Talks, Nike Results
zerohedge.com
2 hours ago
by Tyler Durden
S&P Futures Trade At All Time High Boosted By Trade Talks, Nike Results US equity futures are higher, buoyed by the (non) news that the US an…
-
Who Counts? Trump Poised To Try To Remove Noncitizens From Census
zerohedge.com
2 hours ago
by Tyler Durden
Who Counts? Trump Poised To Try To Remove Noncitizens From Census Authored by Bejamin Weingarten via RealClearInvestigations, Following a ye…
-
Xiaomi Outmaneuvered Silicon Valley With Launch Of New SUV, AI Glasses
zerohedge.com
3 hours ago
by Tyler Durden
Xiaomi Outmaneuvered Silicon Valley With Launch Of New SUV, AI Glasses A team of Goldman Sachs analysts, led by Timothy Zhao, raised their 1…
-
Six Million Student Loan Borrowers On Track To Have Wages Garnished
zerohedge.com
3 hours ago
by Tyler Durden
Six Million Student Loan Borrowers On Track To Have Wages Garnished Authored by Mike Shedlock via MishTalk.com, It’s 2 million now with anot…
-
What Types Of Jobs Will Survive The AI Revolution?
zerohedge.com
4 hours ago
by Tyler Durden
What Types Of Jobs Will Survive The AI Revolution? Authroed by Javier Simon via The Epoch Times (emphasis ours), As artificial intelligence …
-
U.S. House Bans WhatsApp Over Data Security Concerns
zerohedge.com
5 hours ago
by Tyler Durden
U.S. House Bans WhatsApp Over Data Security Concerns The U.S. House of Representatives has officially banned the use of WhatsApp on all gover…
-
US Reportedly Mulls Easing Iran Sanctions, Assisting Non-Enrichment Nuclear Program
zerohedge.com
5 hours ago
by Tyler Durden
US Reportedly Mulls Easing Iran Sanctions, Assisting Non-Enrichment Nuclear Program Update(1340ET): In an entirely bizarre and unexpected piv…
-
Europe's LNG Gamble Exposed By Middle East War
zerohedge.com
5 hours ago
by Tyler Durden
Europe's LNG Gamble Exposed By Middle East War Authored by Irina Slav via OilPrice.com, * The Israel-Iran conflict has driven up diesel, je…
-
Kremlin Condemns White House Envoy's Comparing Iran & Ukraine Wars
zerohedge.com
6 hours ago
by Tyler Durden
Kremlin Condemns White House Envoy's Comparing Iran & Ukraine Wars Moscow has reacted angrily to fresh words of Trump special envoy to the Mi…
-
Only Political Engineering Can Restore Russian Language Rights In Ukraine Like Lavrov Wants
zerohedge.com
7 hours ago
by Tyler Durden
Only Political Engineering Can Restore Russian Language Rights In Ukraine Like Lavrov Wants Authored by Andrew Korybko via Substack, Only th…
-
UK To Buy US F-35s As Starmer Signals NATO Commitment
zerohedge.com
8 hours ago
by Tyler Durden
UK To Buy US F-35s As Starmer Signals NATO Commitment The UK will purchase at least 12 U.S.-made F-35A stealth fighter jets, restoring the Ro…
-
Berlin To Build New Asylum Complex For Over 1,000 Migrants While Locals Face Housing Crisis
zerohedge.com
8 hours ago
by Tyler Durden
Berlin To Build New Asylum Complex For Over 1,000 Migrants While Locals Face Housing Crisis Authored by Thomas Brooke via Remix News, Amid a…
-
VDH: In the End, Everyone Hated The Iranian Theocracy
zerohedge.com
11 hours ago
by Tyler Durden
VDH: In the End, Everyone Hated The Iranian Theocracy Authored by Victor Davis Hanson via AmericanGreatness.com, It is hard even to digest t…
-
Chinese Influence In Climate Change Lawsuits Threatens To Derail U.S. Energy Industry
zerohedge.com
11 hours ago
by Tyler Durden
Chinese Influence In Climate Change Lawsuits Threatens To Derail U.S. Energy Industry A new op-ed from oil services CEO Dan Eberhart in Forbe…
-
Cancer Patients Recover By Taking Repurposed Anti-Parasitic Drugs
zerohedge.com
12 hours ago
by Tyler Durden
Cancer Patients Recover By Taking Repurposed Anti-Parasitic Drugs Authored by Huey Freeman via The Epoch Times (emphasis ours), Joe Tippens …
-
Confusion As Trump Says Deal With China "Signed" Yet Both Sides Violate Terms Of Ceasefire
zerohedge.com
12 hours ago
by Tyler Durden
Confusion As Trump Says Deal With China "Signed" Yet Both Sides Violate Terms Of Ceasefire There was a burst of confusion late in the day whe…
-
Offshoot Of Syria's Ruling HTS Claims Credit For Damascus Church Bombing
zerohedge.com
13 hours ago
by Tyler Durden
Offshoot Of Syria's Ruling HTS Claims Credit For Damascus Church Bombing Authored by Jason Ditz via AntiWar.com, On Sunday, a massive suicid…
-
Drag Queen Weather Hour On NBC's News Center Maine Ends With 404 Error
zerohedge.com
13 hours ago
by Tyler Durden
Drag Queen Weather Hour On NBC's News Center Maine Ends With 404 Error Months before President Trump officially began his second term, the cu…
-
Why Processed Foods May Be Secretly Raising Your Blood Pressure
zerohedge.com
14 hours ago
by Tyler Durden
Why Processed Foods May Be Secretly Raising Your Blood Pressure Authored by George Citroner via The Epoch Times (emphasis ours), Common phos…