Blackstone Mortgage REIT Slashes Dividend By 24% As Distress Piles Up In CRE World
Blackstone Mortgage REIT Slashes Dividend By 24% As Distress Piles Up In CRE World Blackstone Mortgage Trust, a real estate finance company that originates senior loans collateralized by commercial real estate across North America, Europe, and Australia, reported its second-quarter earnings on Tuesday. The report revealed a near-quarter reduction in its dividend due to rising defaults and increasing challenges with borrowers in making […]
Court Rejects Bid To Throw Out Trump Case Against Pulitzer Board
Court Rejects Bid To Throw Out Trump Case Against Pulitzer Board Authored by Zachary Stieber via The Epoch Times (emphasis ours), A court in Florida has rejected a bid from members of the Pulitzer Prize Board to throw out a case brought against them by former President Donald Trump. Former President Donald Trump arrives at […]
More Agency Weaponization? Secret Service Tells Trump To Stop Having Outdoor Rallies
More Agency Weaponization? Secret Service Tells Trump To Stop Having Outdoor Rallies The Secret Service is turning near-assassination lemons into Deep State lemonade. Following its catastrophic failure to secure Donald Trump’s July 13 rally in Butler, Pennsylvania, the Secret Service has come up with a “fix” that reeks of ulterior motives: the agency has advised the […]
Futures Slide As Ugly Mag 7, European Earnings Sour Trader Mood
Futures Slide As Ugly Mag 7, European Earnings Sour Trader Mood Stock futures and global markets slumped, with tech dragging the indices lower, after disappointing results from Tesla and Alphabet were followed by lackluster reports from LVMH and Deutsche Bank in Europe. The first Mag7 earnings results were – as we warned in “Now Comes […]
Which Countries Have The Most Olympic Medals Of All-Time?
Which Countries Have The Most Olympic Medals Of All-Time? This summer, 10,500 athletes will compete at the peak of their careers in the Paris Olympics. In more than half of the Olympic Games, the U.S. has claimed the most medals out of any country. This success is partly due to substantial sports funding, with the […]
Unelected Technocrats Are Now The Nation’s Chief Executives
Unelected Technocrats Are Now The Nation’s Chief Executives Authored by Ryan McMaken via The Mises Institute, President Biden has not been seen in public since announcing he would not seek re-election on Sunday. Biden’s “resignation” was nothing more than a text-only post on Twitter/X—and we know that the president does not manage his own social […]
New Car Incentives Soar 53% Amid Rising Inventories & Lackluster Demand Hint At Downturn
New Car Incentives Soar 53% Amid Rising Inventories & Lackluster Demand Hint At Downturn Auto dealers are seeing an uptick in inventory while many consumers remain on the sidelines, deterred by the toxic combination of high interest rates and elevated inflation. In response to what seems to be a more pronounced slowdown, dealers are slashing prices and increasing incentives […]
Growing Power Needs Call For Grid-Enhancing Technologies
Growing Power Needs Call For Grid-Enhancing Technologies Authored by Andrew Phillips via RealClearEnergy, The rise of AI data centers, growing electrification, and industrial growth is heralding a new era of U.S. power consumption. As our country advances, so too must our power grid. Building new transmission lines can take a significant amount of time and […]
US Pork Demand Has “Uncharacteristically Declined” In Peak Grilling Season
US Pork Demand Has “Uncharacteristically Declined” In Peak Grilling Season Agribusiness television network RFD-TV reported signs of pork demand slowing among US consumers. Ag analysts told them this was unusual because of the summer grilling season. USDA’s Outlook Board Chair says it is unusual to see a slowdown in demand, especially during summer grilling season. In turn, that […]
French MP Sparks Uproar By Denouncing Israeli Presence Paris Olympics
French MP Sparks Uproar By Denouncing Israeli Presence Paris Olympics Via Middle East Eye The participation of Israel in the Olympic Games that will begin next Friday in Paris has aroused heated controversy in France after a left-wing MP said the country should be shunned over its war in Gaza. At a pro-Gaza rally on Saturday, France Unbowed (LFI) MP Thomas Portes was filmed […]