Aggregator

Don’t let Monday’s futile efforts from the United States Men's National Team fool you. 

A “fight or flight” moment, as manager Dave Roberts described it, arose for Roki Sasaki in the fourth inning on Wednesday.

These movies and more are on digital platforms this week.

The case began after a couple reported a 38% rent hike on a property listed by Kobeissi in Altadena.

Spain is still the only team not to have conceded a goal in this World Cup.

Shocking videos of the disaster have emerged on social media, showing the jet up in flames while firefighters use large water hoses to extinguish the fire.

The former lead attorney in the Manhattan hush money prosecution of President Trump had played a larger role in the Biden administration Justice Department's targeting of him than previously known.

Bizarre video shows a pole dancer performing a racy routine at a funeral for the husband-and-wife owners of a red-light club.

A World Health Organization official warned that the true scale of the outbreak could be two to four times larger than official data suggest.

Other participants at the Philly dinger contest include Ben Rice, Junior Caminero and Jordan Walker.

During a press conference, President Trump was asked why he had previously described Iran’s leaders as “very rational,” “strong,” and “smart,” but more recently called them “scum” and “sick people.” Trump replied, “I got to know them,” prompting laughter from Secretary of State Marco Rubio.

No Takers, Nor Tankers

By Molly Schwartz, cross-asset macro strategist at Rabobank

Daily crossings through the Strait of Hormuz increased substantially after the US and Iran announced a “peace” agreement in mid-June. However, those numbers have started to dwindle as the ceasefire—peacefire, shmeasefire—appears increasingly shaky. According to Bloomberg, the Joint Maritime Information Center said that traffic through the Strait remains at “reduced levels,” (around 24% of pre-war transit) even though US-assisted vessel transits have been largely uninhibited.

Reuters reports that “some war insurers advise shipowners to pause Hormuz voyages after attacks,” adding that “war insurance for ships inside the Gulf has already ticked higher towards 3% of a vessel’s value, up from 2% at the end of last week.” Meanwhile, quotes for coverage as high as 5% are still circulating. So even though the Strait is technically open, there don’t seem to be many takers—nor tankers.

Trump did declare just a few days ago that the ceasefire was “over,” with the US commencing strikes on Iranian sites, including the Iranshahr airbase, and Iran responding by attacking its neighbors in Kuwait and Jordan. Yesterday afternoon, explosions were heard in Bushehr, which is—likely not coincidentally—home to Iran’s only nuclear power plant. Initial reports suggest that the power plant itself was not hit. Brent crude oil prices did not move in reaction to the announcement.

Whether the ceasefire is truly “over,” or whether another MOU will emerge in the coming days (weeks? months?), remains very much an open question. Oil markets, however, remain as optimistic as ever. While Brent crude climbed by roughly $8, briefly trading above $80/bbl for the first time since 22 June, more than half of that move was retraced yesterday, with prices closing at around $76/bbl.

In other news, Anthropic has tapped former Federal Reserve Chair Ben Bernanke to join its Oversight Trust, which seeks to “keep the artificial intelligence company accountable to its public mission.” The importance of the Oversight Trust has only intensified following earlier events this year, when Anthropic delayed the release of its Mythos model and triggered an emergency meeting among global leaders to address concerns about its potentially dangerous capabilities.

New York Fed President, John Williams, made several notable comments today on inflation, that seem to be at odds with those of current Fed Chair Warsh. In a speech organized by the New York Fed, Williams highlighted his concerns about the inflationary effects of AI, saying that “if [AI demand] creates a sustained impulse to demand relative to supply in inflation, I do think that’s the kind of situation where you don’t look through.” Some readers may recall Warsh’s manifesto published to the Wall Street Journal in November of last year titled "The Federal Reserve’s Broken Leadership,” where Warsh calls attention to the disinflationary effects of AI, saying that “AI will be a significant disinflationary force, increasing productivity and bolstering American competitiveness.” While Williams also notes the potential for AI to “play out in a more benign way,” his aforementioned base case shines a light into the varying schools of thought and the potential for “good family fights” when the Fed next convenes.

Task Force Warsh also announced the individuals who will be leading each of his five Fed task forces:

• Communication: Former BoE governor Mervyn King, UW professor Peter Fisher, and former BCB President Arminio Fraga.
• Balance sheet: Harvard University professors Karen Dynan and Jeremy Stein, and former RBI governor Raghuram Rajan.
• Data sources: Harvard University’s Raj Chetty, former Walmart CEO, Doug McMillon, and UChicago’s Kevin Murphy.
• Productivity and jobs: Marc Andreessen of Andreessen Horowitz, Stanford’s Carles I. Jones, and Asha Sharma from Microsoft.
• Inflation framework: Harvard University’s Greg Mankiw, NYU’s Thomas Sargent, and the BIS’s former economic advisor, William White.

Canada’s Mark Carney spoke with the Saudi Crown Prince Mohammed bin Salman in Jeddah (the first Canadian PM to make the trip since the year 2000) to discuss the war between the US and Iran, as well as opportunities for economic collaboration. This resulted in the signing of several MOUs, including one to “strengthen cooperation across key defense, economic, trade and investment, cultural, educational, scientific, and consular priorities. Saudi Arabia’s Public Investment Fund (PIF) is now also scheduled to attend the Canada Investment Forum in September.

Tyler Durden Fri, 07/10/2026 - 10:45

Is this the end of Dutton Ranch Season 1?

Ukrainian drones hit a dozen more Russian tankers in the Sea of Azov overnight, Ukraine’s military said on Thursday (July 9), the latest in a campaign aimed at disrupting fuel supplies to Russian forces and isolating Moscow-occupied Crimea.

Trump Refuses To Sign Landmark Housing Bill In Protest Over Stalled Elections Legislation

President Donald Trump declared Friday morning that he won't sign the sweeping bipartisan housing bill awaiting action on his desk in protest of the Senate's failure to pass his signature elections legislation. Unless the president issues an outright veto by midnight, however, the housing package will become law Saturday without his signature.

President Donald Trump attends an event to mark the launch of "Trump Accounts" in the Oval Office at the White House in Washington, D.C., July 6, 2026. Photo by Evan Vucci/ Reuters

In a Friday morning Truth Social post, Trump said he was withholding his signature "in PROTEST" over the Senate's inability to pass the SAVE America Act, a comprehensive elections overhaul that would require photo identification to vote and proof of citizenship to register, and would bar most mail-in balloting, with exceptions for military service, disability, illness and travel.

The president asserted that the elections bill is "polling at 97% with the Republican Party" - a figure he offered without citing a source - and called its failure "a serious threat to any politician who votes against it." He renewed his demand that Senate Republicans "TERMINATE THE FILIBUSTER," warning that Democrats would abolish the 60-vote rule "in their very first hour" back in power. Rendering "Democrats" throughout with a derisive misspelling, Trump added that the "title of DUMB" would revert to Republicans if the party allowed the stalemate to stand.

A Deadline, Not A Veto

This is of course performative unless Trump actually vetoes it. Under the Constitution, a bill becomes law automatically if the president neither signs nor vetoes it within 10 days, excluding Sundays, while Congress is in session. That clock on the housing measure - the 21st Century ROAD to Housing Act - runs out at the end of Friday.

Because Congress has remained formally in session through the window, the "pocket veto" that would let the bill die quietly is widely viewed as unavailable. That leaves Trump two choices: veto the legislation outright, or let it lapse into law. His post on Friday, notably, promised only not to sign it.

A veto would face long odds. The Senate approved the package 85-5 on June 22, and the House passed it 358-32 - margins far beyond the two-thirds needed in each chamber to override. Congressional observers caution, though, that override votes can scramble such numbers, as some members retreat rather than be seen defying the president. Lawmakers overrode a Trump veto of a defense bill once before, in the final weeks of his first term.

House Speaker Mike Johnson, R-La., a close Trump ally, has already conceded the likely endgame. "If he doesn't, it's still law," Johnson said last week of the president's refusal to sign.

The Housing Bill

The bipartisan measure marks the most comprehensive federal housing legislation in decades. It aims to expand supply and lower costs by cutting regulatory barriers to construction, streamlining reviews, encouraging local zoning reform and restricting large institutional investors from buying up single-family homes, alongside pilot programs to expand access to smaller mortgages.

Republicans had planned to campaign on the law this fall. With the average 30-year fixed mortgage hovering near 6.5 percent, affordability consistently ranks as voters' top concern heading into November's midterm elections - and Trump's approval on housing has slipped since he began blocking the bill.

Trump upended the bill's rollout on June 24, canceling a Capitol signing ceremony roughly an hour before it was to begin - with the stage, desk and presidential seal already set in Statuary Hall - and declaring on social media that he would not sign until Congress passed the SAVE America Act, which he labeled "a National Emergency." He has since dismissed the housing package as being "of minor importance" and a "yawn" next to the elections bill.

The tactic is familiar: earlier this year, the president derailed a bipartisan deal on surveillance authorities to press the same demand.

The SAVE America Act has passed the House but failed five times on the Senate floor, where Democrats are unified against it and Republicans' 53 seats fall short of the 60 needed to break a filibuster. Four Republicans - Sens. Thom Tillis of North Carolina, Lisa Murkowski of Alaska, Susan Collins of Maine and Mitch McConnell of Kentucky - have twice voted no.

Senate Majority Leader John Thune, R-SD, has flatly refused to gut the filibuster, telling Fox News that Republicans are "bound by arithmetic." Sen. Mike Lee of Utah, the bill's most vocal Senate champion, has countered that the party is only "10 votes shy of cloture" and should force Democrats into a grinding floor fight. Roughly two dozen House conservatives, meanwhile, have vowed to block other legislation until the voting bill moves - a rebellion that stalled the annual defense bill and sent the House home early for its July Fourth recess.

Friday's post also appears to walk back a compromise Trump embraced only days ago. On Tuesday, he endorsed House GOP leaders' plan to pass pieces of the SAVE Act through the filibuster-proof budget reconciliation process - a package Johnson has dubbed "reconciliation 3.0." The president's return to demanding the filibuster's termination suggests that détente may already be fraying.

And Of Course, Outrage Ensues

Sen. Elizabeth Warren, D-MA, who helped steer the housing bill through the Senate, urged Trump in a video posted to X to "sign the damn bill." Sen. Mark Kelly, D-AZ, accused the president of holding the legislation "hostage."

Republican patience is thinning in public, too. Tillis, who is retiring, reduced his objection to a sentence: "It's quite simple: It's a math problem." Rep. Steve Womack of Arkansas quipped that any colleague not at least a little frustrated by now should question their own sanity. Thune, asked about the canceled signing last month, would say only that the decision was the president's call to make.

Trump has shown no sign of relenting. He promoted the SAVE Act from the National Mall during his July Fourth address, and in a weekend post warned that without it, "I don't want to be the last Republican President!"

Tyler Durden Fri, 07/10/2026 - 10:25

A productivity powerhouse.

The impact sent the cars flying, colliding with two people who had stopped at the side of the road to deal with a vehicle breakdown.

Garret “Jacknife” Lee, who worked with Swift on her album "Red," thought the invite was "spam," which infuriated his wife, Melissa.

Garret “Jacknife” Lee, who worked with Swift on her album "Red," thought the invite was "spam," which infuriated his wife, Melissa.

A jealous lover in San Diego shot and killed the woman he was enamored with, along with the homeless beau she picked up off the street, in a story of a love triangle gone bad on Monday.