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Economy & Finance

“Shocking Levels Of Distress”: CMBS Delinquencies Unexpectedly Soar To Covid Highs

“Shocking Levels Of Distress”: CMBS Delinquencies Unexpectedly Soar To Covid Highs With market focused on private credit as the next credit market crisis vortex, many have forgotten that CMBS, the asset class that was smashed in the aftermath of covid as hundreds of office buildings were suddenly left vacant, has been teetering on the edge

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“It’s Our Nature”: Colorado Doubles Down On New Assaults On The First Amendment

“It’s Our Nature”: Colorado Doubles Down On New Assaults On The First Amendment Authored by Jonathan Turley, Colorado’s tourism slogan, “it’s our nature,” has a menacing meaning for free speech advocates. Colorado is now arguably the most anti-free speech state in the union, pushing an array of measures attacking those with opposing social and political

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S&P Slashes New Orleans’ Credit Rating On “Structurally Imbalanced Operations”

S&P Slashes New Orleans’ Credit Rating On “Structurally Imbalanced Operations” New Orleans, home to Mardi Gras and muffulettas, has been governed by Democrats for decades, so it should come as little surprise that S&P Global Ratings has slashed the city’s obligation rating to the third-lowest level of investment grade and placed it on a negative

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“There Goes Your Inventory”: Disgruntled Worker Sets Fire To Million-Square-Foot Toilet Paper Warehouse

“There Goes Your Inventory”: Disgruntled Worker Sets Fire To Million-Square-Foot Toilet Paper Warehouse Dramatic footage appears to show an act of industrial sabotage at a one-million-square-foot Kimberly-Clark distribution center in Ontario, California. A third-party warehouse worker was arrested on suspicion of felony arson shortly after the devastating six-alarm fire on Tuesday morning, which destroyed all

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Trump Mulls Punishing NATO Allies By Pulling US Troops Over Lack Of Iran Help

Trump Mulls Punishing NATO Allies By Pulling US Troops Over Lack Of Iran Help The Trump White House is mulling ways to ‘punish’ NATO allies for not stepping up to support the US Iran campaign, and for staying on the sidelines after Trump’s repeat appeals to create a coalition to reopen the Strait of Hormuz.

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California Supreme Court Orders “Rogue” Sheriff To Pause Election Fraud Probe

California Supreme Court Orders “Rogue” Sheriff To Pause Election Fraud Probe Authored by Jacki Thrapp via The Epoch Times, Riverside County Sheriff Chad Bianco was ordered by the California Supreme Court on April 8 to halt his investigation into 2025 election fraud allegations so the judges can review the legal challenges that his probe faces.

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Exxon Warns Of $6.5 Billion Hit From Iran War As Q1 Earnings Set To Print Slightly Below Consensus

Exxon Warns Of $6.5 Billion Hit From Iran War As Q1 Earnings Set To Print Slightly Below Consensus In an early clue how the Iran war will impact energy earnings, ExxonMobil warned of a $6.5bn hit to Q1 earnings from the Iran war but said the bulk of this was the result of unfavorable timing

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