Trump Administration getting “nearly unprecedented” $10 billion broker fee for its TikTok involvement as part of the further breakdown in free market capitalism. Via WSJ
Eternal advice.
This is a good lesson for journalists: Use plain language to state true things clearly.
Americans have now spent $2.191 billion more on gasoline since Feb. 28, mostly due to the price of oil surging due threat of attack in the Strait. ~$262 million today alone.
This should be the biggest weather and climate news on your radar today.
You can send an email today to say why dismantling NCAR is a bad idea for everyone: NSF_NCAR@nsf.gov
Exclusive: Iran lets two gas tankers sail to India through Hormuz, sources say reut.rs/4lvggYc
"I'm willing to take a not guilty. I'm willing to take a no true bill."
What she means is she's willing to bring legally deficient cases that harass innocent defendants, waste her line prosecutors' time, and makes her office look like jerkoffs in front of judges and juries.
Former Fox personalities now working for Trump definitely deliver spicy pressers, if nothing else.
You can't make deals if everyone knows you reneg on deals.
Between Iran war and now Fed legal stuff it’s quite something to see Trump grand strategy at work.
On Warsh, Pirro says: "I DON'T KNOW WHO HE IS"
Sen. Tillis confirms that Trump DOJ pressing forward against Fed only blows up their efforts to get Warsh in as Fed chair.
Wild move since Powell’s only got a few more months as chair and Warsh nom is stalled in Senate because of the legal attack on the Fed.
Judge ices Trump DoJ subpoenas against Fed Chair Powell, says “‘mountain of evidence’ suggests the investigation was to pressure the Fed chair to lower rates or resign” as Fed chair Powell said at the time.
Let's be clear: you would not be pulling THAADs from South Korea and moving a Marine Expeditionary Unit from Japan to the Gulf two weeks after launching a war on Iran if you had properly anticipated the fallout it would be likely to cause.
✋ Former USG war crimes lawyer here.
Apropos of SecDef's remarks this morning:
Denial of quarter—even the declaration of no quarter—is a war crime.
And recognized as such by the US Government.
From DoD's Manual for Military Commissions.
Breaking News: The EPA moved to weaken limits on emissions of ethylene oxide, a cancer-causing gas.
ICYMI: Last month I wrote about a guy who got arrested based on notoriously unreliable roadside drug tests that flagged his prescription IBS pills as fentanyl.
This week he filed a civil rights lawsuit against the sheriff's office reason.com/2026/03/11/h...
And another thing: Folks complain about the Apple walled garden, but having synced iMessage on a phone and computer is so useful.
getting your money back which was taken illegally generally isn't seen as a "windfall"
The February jobs report and the revised Q4 GDP report combined with the ongoing energy price shock open up a very different distribution of macro outcomes than people were thinking about two weeks ago.
Troubling development--Core PCE inflation was hot in Jan at 0.36% m/m & 3.1% y/y BUT it would have been even hotter had BEA not shifted its source data in an ad hoc fashion to avoid showing an 11.9% m/m rise in legal fees shown in the CPI. The BEA acknowledged they made this choice...not a good look
You know what we're not griping about enough? That Donald Trump's face is going to be on U.S. currency—on $1 coins—later this year. This will be the first time a living president has appeared solo on a coin, and one of the very few times a living individual has ever been on U.S. coinage.
tired: harassing athletes for not covering the spread
wired: harassing journalists for not making things up
Every political indicator outside of Trump pulling some election related interference—maybe they have some inside insight on this!—would argue for hedging bets.
The Iran war is showing that renewable energy is a national security imperative, and that fighting renewables tooth and nail as the White House has been doing since day one deeply undermines national security, as @ryanlcooper.com writes.
prospect.org/2026/03/13/i...
Surveillance state contractor making a risky political bet with his company.
My last bunch of years at WSJ were on an Air. I stopped worrying about power outlets at events and maybe needed one instance of support.
It will never not be shocking that a Fox and Friends host is running a war.
We get these high spec HP laptops at work, they max out at about four hours battery life and closing the lid is a roll of the dice in terms of what Windows does. Plastic case, thick. Seems subpar especially for price and amount of support the machines need.
