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NYC hipster hotspot restaurant in trendy neighborhood seized for not paying $1.3M in taxes

NY Post
2 months ago
This Dimes Square hotspot could use some change.
Katherine Donlevy

Curt Cignetti’s NFL well-wishes for Brendan Sorsby come with big caveat

NY Post
2 months ago
Brendan Sorsby has at least one person in his corner as he embarks on his NFL journey.
Michael Blinn

Watch: World Cup fans take over Seattle ahead of USA vs Australia

NY Post
2 months ago
The 2026 World Cup has brought fans from all over the world to America. Groups have taken over cities from the East Coast to the West Coast, and Seattle is no exception. Ahead of Friday’s highly touted match between the U.S. men’s national team and Australia at Lumen Field, World Cups fans have crowded the...
Valentina Martinez

NYC couple embraces Knick-sanity that nearly derailed ‘lowkey’ City Hall wedding on day of parade

NY Post
2 months ago
Something borrowed, something orange and blue.
Katherine Donlevy

Morocco vs. Scotland prediction: World Cup odds, picks, best bets for Friday

NY Post
2 months ago
Great Scott! The Scots are leading Group C.
Sean Treppedi

Holly Madison exposes major wedge that caused 14-year fallout with Kendra Wilkinson

NY Post
2 months ago
Madison and Wilkinson both starred in "Girls Next Door" as Hugh Hefner's "girlfriends."
mliss1578

Holly Madison exposes major wedge that caused 14-year fallout with Kendra Wilkinson

NY Post
2 months ago
Madison and Wilkinson both starred in "Girls Next Door" as Hugh Hefner's "girlfriends."
Nicki Gostin

Lionel Messi, family hit back at rumors of dad’s ‘health issues’ after Argentina star cries mid-match

NY Post
2 months ago
Lionel Messi's family has confirmed that the Argentina star's father is experiencing health issues and "recovering and progressing favorably."
Jake Nisse

DOJ’s civil rights chief slams Giants, MLB after launching Pride hat investigation: ‘It doesn’t really matter how gay San Francisco is’

NY Post
2 months ago
In an exclusive interview with The Post, Harmeet Dhillon sharply criticized Major League Baseball and the San Francisco Giants for what she called a “double standard” toward religious expression, as federal officials investigate whether Christian players were pressured to wear Pride-themed hats.
Josh Koehn

FundStrat's Newton: Why Not Replace The FOMC With AI?

Zero Rss
2 months ago
FundStrat's Newton: Why Not Replace The FOMC With AI?

Short of abolishing the Fed (much preferred), would automating the Fed make more sense than the current system? Should we trust Kevin Warsh, Jerome Powell, and Lisa Cook to read the tea leaves each month and decree rate changes for us commoners? 

That was Fundstrat's Mark Newton’s suggestion during last night's ZeroHedge debate on his H2 market outlook. He pointed out the new chair’s plan to eliminate “forward guidance”, a term invented under the previous chair Powell in which the Fed strategically signals its plans on rate changes so that those signals themselves might change rates organically by market forces.

It’s all a big mess… but Newton and BTIG's Jonathan Krinsky also debated whether the AI trade is in a bubble and which sectors look like attractive investment opportunities. Here were Newton’s remarks on the Fed and other highlights, though we recommend watching the full debate at the end:

Automate The Fed

Fundstrat's Mark Newton believes incoming Fed Chair Kevin Warsh could face a difficult balancing act from day one.

"I think he's got his work cut out for him," Newton said, noting that Warsh will be speaking for a Federal Reserve committee that has "turned clearly hawkish" while simultaneously facing pressure from an administration that "almost always wants to cut rates to juice the economy."

Rather than focusing on rate cuts themselves, Newton argued the biggest change under Warsh may be how the Fed communicates. "My take is that there's gonna be far less forward guidance or even a dot plot under Warsh, less communication," he said. Markets have become accustomed to a steady stream of comments from Fed officials, and Newton warned that the transition could create volatility as investors try to recalibrate.

WARSH: I THINK THAT MARKETS PERFORM BEST WHEN REACTING TO INCOMING DATA, THEY WORK LESS EFFICIENTLY WHEN THEY ASK HOW WILL THE FED REACT TO THAT INCOMING INFORMATION

Finally, the 4th wall falls

— zerohedge (@zerohedge) June 17, 2026

Newton also mused about automating the entire FOMC, questioning the dated practice of a council of economists working with clunky tools to periodically tinker with the entire nation's (and world’s) economy.

"If there's one area that's ripe for regime change by AI completely, it's the Federal Reserve," he said. "They're looking at data going back over the last few years to try to make decisions on whether to cut interest rates, which will take twelve to eighteen months to materialize in the economy. That does not make any sense in 2026."

pic.twitter.com/qLXBEgdTQs

— ZeroHedge Debates (@zerohedgeDebate) June 19, 2026 "The AI trade will continue into 2028"

Where many see a bubble, Fundstrat's Mark Newton sees an opportunity.

"I do not see a bear market in technology," he said, arguing that the sector is likely headed for a period of consolidation rather than a major decline. Semiconductors may need to "back and fill" after their recent run, according to Newton.

He remains bullish on the longer-term AI story but did say there are signs that it’s overbought near-term. Newton highlighted the Relative Strength Index (RSI) on the highly-watched Invesco Equal Weight Tech ETF.

"That's all a good thing for tech. It's just that when an RSI level of 78 on equal-weighted technology, it's not the best risk reward for me over the next three to six months."

On banks, REITs, travel, consumer discretionary, and healthcare sectors, Newton sees improving momentum, noting that "most European and also U.S. commercial banks have been showing very good strength" while REIT ETFs are "breaking out to multi-year highs."

"Consumers snapping back over the next couple months" following a ceasefire success, he said, would benefit airlines, hotels, and beaten-down discretionary names. Newton specifically likes Delta, Marriott, booking companies, and apparel Ralph Lauren. 

pic.twitter.com/pnOF5LInOu

— ZeroHedge Debates (@zerohedgeDebate) June 19, 2026

Watch the full debate below, watch on Adam Taggart’s Thoughtful Money channel, or listen on Spotify.

https://t.co/jxITOFkt3p

— zerohedge (@zerohedge) June 18, 2026

Tyler Durden Fri, 06/19/2026 - 13:45
Tyler Durden

Greece’s Parthenon gets upgrade, revealing a look not seen for over 200 years

NY Post
2 months ago
Officially unveiled Thursday, restorers have slotted two new marble blocks into long-empty gaps high on the temple’s western end — the view visitors see when they first enter the ancient monument in Athens.
Associated Press

World’s first AI museum is vibrant sensory overload — but is it really ‘art’?

NY Post
2 months ago
It interacts with visitors via a wearable sensory wrist device that captures body heat, heart rate and more.
Linda Laban

Russia mistakenly strikes own refinery in Moscow, sending massive roof through air like a flying saucer, amazing video shows

NY Post
2 months ago
Video captured the Russian surface-to-air missile -- meant to take out an overhead Ukrainian drone -- miss and fly directly into the refinery’s storage tank, causing a powerful blast that launched the tank’s circular roof into the sky in a mushroom cloud before it crashed to the ground.
Patrick Reilly

SoCal comedy club promotes Carlos Mencia standup shows as accused tax cheat is hauled off to jail

NY Post
2 months ago
A SoCal comedy club promoted several shows for alleged tax cheat Carlos Mencia as officials hauled him off to jail Thursday.
Ross O'Keefe

Gen Z revives sexy fashion trend that was previously declared extinct

NY Post
2 months ago
The resurgence is driven by a global early ‘2000s obsession and a wave of celebrities embracing the hyper-feminine aesthetic, leaving the ultra-minimalist, comfort-first look of the late 2010s behind.
News.com.au

Christian Pulisic out for USMNT’s key World Cup match vs. Australia

NY Post
2 months ago
Christian Pulisic's status against Australia has been revealed.
Ethan Sears

Inside actor Faizon Love’s fall from grace — from ‘Elf’ stardom to ‘no home or savings’

NY Post
2 months ago
Faizon Love revealed in a Florida courtroom that he is completely broke, has no permanent home, drives an old car, and relies on a friend to cover his expenses.
Anna Young

‘Dutton Ranch’ Episode 7 Recap: The Ballad of Mama B 

NY Post
2 months ago
In which we learn just how Mama B got stuck with Rob-Will in the first place.
mliss1578

South Korea and Mexico fans take over California streets during World Cup match

NY Post
2 months ago
There is a special bond happening between fans of Mexico and South Korea during the World Cup. Over thousands of fans were seen out in the streets attending watch parties across California for Thursday night’s Group A World Cup match between Mexico and South Korea. Despite Mexico winning 1-0 and improving to 2-0 in group...
Thomas L. Murray

Outrage As Suspect In UK Toddler Crocodile Attack Released On Bail; Identity Still Hidden

Zero Rss
2 months ago
Outrage As Suspect In UK Toddler Crocodile Attack Released On Bail; Identity Still Hidden

Authored by Steve Watson via Modernity,

The insane attack at a family-run zoo in Cambridgeshire, UK has now produced a fresh outrage.

A three-year-old boy from the area remains in critical but stable condition at Addenbrooke's Hospital after being thrown into a crocodile enclosure.

Yet, the 30-year-old man from Norfolk arrested on suspicion of attempted murder has already been released on bail until 18 September. Police assessed him as "unfit for interview" and continue to withhold his identity from the public.

Man arrested after child, 3, 'thrown into crocodile enclosure' released as suspect 'unfit for interview' https://t.co/NRmW0yzmkL

- GB News (@GBNEWS) June 19, 2026

This follows the initial reporting of the incident at Johnson's of Old Hurst zoo near Huntingdon. As covered in our earlier piece on the initial incident and rampant online speculation about the identity of the man who was arrested.

The boy and the suspect were not known to each other, and detectives from the Major Crime Unit treated the case as a serious criminal investigation from the outset.

Cambridgeshire Police confirmed the release after the assessment. Detective Inspector Verity McCann stated: "Our enquiries are ongoing as we continue to understand the circumstances surrounding this distressing incident. Our thoughts remain with the boy and his family, and specialist officers continue to support them through this difficult time."

Witnesses described a heroic intervention that prevented an even worse outcome. The zoo owner's wife reportedly jumped 15 feet into the crocodile enclosure to pull the injured toddler to safety.

Staff administered immediate medical treatment at the scene before emergency services arrived. The boy suffered serious wounds from at least one crocodile attack inside the enclosure.

Reports indicate he suffered a broken arm, a broken pelvis, likely stemming from the impact after being thrown, as well as multiple crocodile bites during the incident on Thursday afternoon.

Public anger has erupted over the decision to release the suspect.

Many see the move as further evidence of a justice system that fails to prioritise the protection of children and the public when confronted with extreme violence.

? #BREAKING: It has been confirmed that the man who threw a 3-year-old toddler into a crocodile enclosure in the UK...

...HAS ALREADY BEEN LET OUT ON BOND!!!!

The man is being described as 'mentally disabled' and police are STILL refusing to name him.

Witnesses say the zoo... pic.twitter.com/uBhxXhJkWY

- Matt Van Swol (@mattvanswol) June 19, 2026

Imagine living in a country where you go straight to jail for a tweet, but get bail after being arrested for 'allegedly' throwing a 3 year old baby into a crocodile enclosure! The world is watching is disbelief! pic.twitter.com/Do1ljHSofF

- Liam Tuffs (@liamtuffs1) June 19, 2026

Lunatics who throw toddlers to crocodiles probably ought not to be on the streets. https://t.co/lIijFzPlIh

- Carl Benjamin ??????? (@Sargon_of_Akkad) June 19, 2026

The pattern of releasing individuals deemed too unwell for interview while leaving the public uninformed about their identity has fuelled widespread demands for transparency and stronger safeguards.

Critics argue that mental health assessments should not automatically translate into freedom to roam when the alleged act demonstrates clear and present danger to others.

Meanwhile, Sky News headlines have drawn sharp criticism for their choice of language. The outlet repeatedly described the boy as having "ended up in crocodile enclosure" rather than stating he was thrown there.

BREAKING: Man arrested after toddler ended up in crocodile enclosure 'not fit for interview' and released https://t.co/eBomHyjDvC

- Sky News (@SkyNews) June 19, 2026

One report opened with: "A three-year-old boy who was seriously injured after ending up in the crocodile enclosure at a Cambridgeshire zoo was attacked by at least one of the reptiles, Sky News understands."

An earlier Sky News post had used similar passive phrasing: "a boy has been taken to hospital with serious injuries and a man arrested on suspicion of attempted murder after a toddler ended up in a crocodile enclosure in Huntingdonshire."

"Ended up". The toddler just ended up in the crocodile pit. Funny how all these kind of things end up isn't it. https://t.co/GeLLNAFhVX

- m o d e r n i t y (@ModernityNews) June 19, 2026

This wording stands in contrast to more direct reporting elsewhere that used "thrown into" in the headline. Passive constructions like "ended up" minimise the deliberate nature of the assault and shift focus away from the perpetrator's actions toward vague circumstance.

In high-profile cases involving violence against children, precise language matters. Euphemisms erode public trust and fuel the very speculation authorities claim to want to avoid.

The decision to withhold the suspect's identity while confirming his release on bail until mid-September compounds the problem. A man arrested for allegedly hurling a defenceless three-year-old into a pit of crocodiles is back in the community.

Britain's justice system increasingly appears calibrated to protect processes and sensitivities over basic public safety. When posting opinions online can trigger swift arrest and denial of bail, yet an alleged attempt to feed a toddler to crocodiles results in prompt release, the imbalance is impossible to ignore.

The heroic actions of zoo staff saved a life that day. The authorities' response since has done little to reassure anyone that similar threats will be met with the seriousness they demand.

Tyler Durden Fri, 06/19/2026 - 13:10
Tyler Durden

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