Saturday, May 31, 2025

Today's Headlines

Bloomberg:

CNBC:

MarketWatch.com:

Around X:
  • @elonmusk
  • @ElonMusk explains why federal spending is SO out of control: "Money is spent most poorly when it's someone ELSE'S money being spent on people you don't know." That ENTIRELY sums up USAID. "The way the government works is complaint minimization... the managers say 'it's not worth the trouble. Just pay it anyway.'" (video)
  • Jay Bhattacharya on Gain-of-Function Research. “This is a foolhardy way to pretend to yourself that we've protected ourselves against a pandemic when we haven't … And I think it's very likely that the COVID pandemic was the result of this kind of research.” (video)
  • @Zerohedge
  • @MarioNawful  
  • OPEC+ POURS ON THE OIL AS PRICES DIP. Saudi Arabia, Russia, and 6 other oil giants are opening the taps and adding 411,000 more barrels of oil every day in July. This is not a tiny boost either. It is more than triple what they usually do each month.
  • IRAN RACKS UP URANIUM AS THE WORLD HOLDS ITS BREATH. Iran has bumped its uranium stockpile to over 900 pounds of 60% purity uranium, which is a hop from weapons-grade. That is a big jump from the 600 pounds it had in February. The IAEA chief Rafael Mariano Grossi says Iran is the only country without nuclear bombs enriching to this level. He is calling on Tehran to cooperate now before things get worse. Trump still hopes for a deal.
  • ROBOT HAND TAKES HUMAN TOUCH TO A WHOLE NEW LEVEL. Scientists at Korea’s Institute of Machinery and Materials have built a robot hand that can grip just about anything without missing a beat. Old robot hands move like robots, stiff and clumsy. This new one acts more like your own hand. It has a smart system that combines a four-bar linkage with wire-driven parts, making it shape-shifting and steady. Its secret weapon is the thumb, which bends and rotates with only one motor, keeping it light and nimble.
  • ULTRASONIC VAPES: SLEEK AND SCARY. U-cigarettes may sound like a safe bet. Scientists at the University of California, Riverside found they pack a nasty punch instead. Unlike regular vapes, these gadgets use vibrations to create mist. But in that mist lurk 16 metals, including arsenic and selenium, the same villains linked to cancer and lung disease. One brand tested had nickel levels so high they might as well call it a metal smoothie. Even zinc and selenium, good in tiny amounts, turn traitorous at high doses. Once inhaled, these metals can hide in your lungs and dodge the usual body defenses, causing serious damage over time.
  • 12 HOUR NEWS RECAP.
  • @LauraLoomer
  • @RodDMartin
  • Let's see. 1) Inflation down to 2.1%. 2) $10 trillion in on-shored business. 3) Gas prices plummeting. 4) Consumer confidence rising. 5) Right-track sentiment at record levels. 6) Illegal immigration non-existent. 7) Personal income rising. 8) Global trade deals happening. No wonder Democrats want to stop Trump's tariffs.
  • @IGSquawk 
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