Author: Press Room

The 30-Year Yield Is Screaming Confidence Not Fear The yield on the 30-year Treasury climbed above 5.30 percent Monday, its highest level since 2007. This is a testament to the perceived strength of the U.S. economy, although you would never know that reading the financial press. CNBC attributed the rise to “worries growing among investors about persistent inflation and government borrowing.” A version of that inflation anxiety thesis can be found almost anywhere you look. The ominous historical comparisons came quickly. Last week’s auction produced the highest 30-year borrowing cost since 2001. Monday’s secondary-market yield was the highest in 19…

Sunday on CBS’s “Face The Nation,” Gov. Andy Beshear (D-KY) said “it’s time” to abolish the Electoral College to have direct election of the president and vice president. Partial transcript as follows: ED O’KEEFE: Well, what I’m curious about is what- given they’re looking for big ideas, what would be your biggest, boldest idea that you’re promoting these days? BESHEAR: Well, I’ll give you two because people want you to fix the darn economy, and they want you to fix the darn government. On the economy, it is time for an aspirational investment in housing that can bring down the cost…

On Friday, former Cambridge scholar Jason Arday died. The reason for his passing hasn’t been released, but given the circumstances surrounding the last few weeks of his life, one can make certain assumptions. Police are saying that “his death is being treated as unexpected, but is not believed to be suspicious,” which sounds as close to confirmation of some form of suicide as can be ascertained at this point. This is indeed a tragedy, but it was authored by Arday’s lies and the institution, the University of Cambridge in the United Kingdom, that pretended to believe them and thus enabled…

Incumbent radical leftist President of Brazil Luiz Inácio Lula da Silva and his main rival, conservative Senator Flávio Bolsonaro, kicked off their respective campaigns on Sunday ahead of the October elections. Brazil will hold general elections on October 4, including the first round of the 2026 presidential election, with a prospective runoff between the two most voted candidates scheduled for October 25. Although there are currently 13 candidates set to appear in the ballot, the election will largely be defined by the competition between Lula, who is seeking a fourth term, and Sen. Bolsonaro, who is running after his father, conservative…

Rapper Nicki Minaj endorsed Rep. Byron Donalds (R-FL) to be Florida’s next governor and called for her fans, the “Barbz” to “support him” however they could. “You have my vote,” Minaj wrote in a post on X, in which she responded to a post from Donalds about how there were three days “left until Election Day” and he was asking for people’s “vote so we can defend the Florida Dream.” “Barbz please support him however you can,” Minaj added in her post. “The Barbz know a winner when they see one,” Donalds wrote in a post on X. In response…

The blaze has scorched around 3,000 hectares and remains out of control despite rain and international assistance Belgium is battling its largest wildfire on record, with the blaze scorching around 3,000 hectares and spreading toward the German border, according to local officials.The fire broke out on Friday in the High Fens nature reserve in eastern Belgium and remained out of control on Monday despite cooler weather and overnight rain.Around 500 firefighters have been deployed, supported by the military, farmers, and aircraft sent from several European countries. Germany, Luxembourg and the Netherlands have also assisted the operation, while Belgium activated the…

Eruption in Mount Etna 2026 – Wiki Commons The volcano claimed another life. Sicily’s Mount Etna is one of Earth’s most active volcanoes, and has erupted three times just in 2026 – in January, July and August. But on Sunday, tragedy struck, as a 30-year-old American tourist was killed by a lightning strike on Etna while hiking Europe’s largest volcano after a period of intense activity. US hiker dies after being struck by lightning on Mount Etna https://t.co/ioapgIGMby — BBC News (UK) (@BBCNews) August 17, 2026 Associated Press reported: “The 29-year-old man from Kansas was rescued by helicopter after being…

British-made drones have been used by the Ukrainian armed forces for deep-strike missions against the Russian economy for the first time, a report states, prompting Moscow to make one of its periodic allusions to the threat of nuclear war. Drones built by two British companies have been successfully used for long-range deep strikes into the Russian hinterland against military and economic targets in recent months, a report in The Sunday Times states, citing both Ukrainian and British government sources. The report states one of the weapons transferred from Britain to Ukraine is the Callen-Lenz / BAE Systems developed ‘Nyan’ drone, which has…

A key measure of homebuilder confidence unexpectedly improved in August but remains at a subdued level as elevated interest rates and construction costs weigh on the market. The National Association of Home Builders said its Housing Market Index, produced with Wells Fargo, ticked up one point to 35 The overall Housing Market Index from the National Association of Home Builders and Wells Fargo edged up 1 point to 35 this month. A reading below 50 means that more builders perceive current sales conditions and expected conditions as bad rather than good. The index has remained below 40 for 16 weeks.…

A Democrat political operative has accused Marxist Hasan Piker, who wore a suit styled after Chinese dictator Mao Zedong, of trying to downplay his controversial comments. Shannon Watts shared her assessment in a social media post on Friday, blasting Piker, a far-left commentator, for how he has defended himself amid blowback, Fox News reported Sunday. “Hasan Piker defense bingo card: It’s a joke, satire, hyperbole It’s out of context It was years ago English is my second language I stream for hours Bad faith clipping Smear campaign Critics are being paid by Israel,” she wrote in the post. She later…