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“The Treasury could use its near $1 trillion General Account to help fund its recently announced plans to increase purchases of government bonds, according to two senior Treasury officials,” CNBC reports. “Using the TGA would provide the Treasury with considerable firepower to influence long-term bond yields. The Treasury surprised markets last week with an announcement […]

Abdul El-Sayed whacked JD Vance for his racism on display during a campaign stop at an Ohio steel plant last week. Vance was doing his best to "other" El-Sayed, while repeating the right-wing lie that El-Sayed "openly calls for Sharia law in America," which he does not, an...

Good morning sports fans!

Learned something yesterday. Couldn't believe how stupid Claude had become, as I've been writing about here, and then I noticed that I was using Opus 5 and not Fable 5. So I switched back and all of a suddent Claude is smart again. So I conclude that there's a very substantial difference between the two. It's overnight jobs were done more carefully and the report it produced is literate, understandable, and tracks what we had agreed to.

“President Donald Trump’s Republican Party is increasingly viewing its first-of-a-kind midterm convention in Dallas next month as crucial to regaining momentum at a time when opinion polls show voter frustration over the economy and the Iran war,” Reuters reports. “When Republicans announced the convention earlier this year, some strategists dismissed it as a distraction as […]

“Election deniers are back on the ballot,” The Guardian reports. “In most swing states, at least one major Republican candidate has questioned or outright denied the results of the 2020 U.S. presidential election, which Donald Trump lost to Joe Biden.”

Texas is in a state of fiscal crisis. Or, at least many of its school districts and municipalities are. All across Texas, from the biggest urban ISDs and metros to the smallest towns and exurban counties, local governmental bodies are feeling the increasingly painful fiscal pinch—and resorting to rigid austerity measures.  The state’s 10 largest […]

The post A Texas Austerity Crisis Is Playing Out City by City, School by School appeared first on The Texas Observer.

XPeng’s robotics business has raised over $900 million at a post-money valuation of more than $6.3 billion, the Chinese EV maker announced today. XPeng calls it the largest single-round private financing in the history of China’s embodied AI industry.

The round is meant to push XPeng’s IRON humanoid robot into mass production by the end of 2026 — a timeline that keeps the automaker ahead of Tesla’s stalling Optimus program.

Earlier this month I noted that Elon Musk’s Starlink is giving very unsubtle indications that the company wants to jump into the wireless business. I also noted that there’s a very long list of reasons why this isn’t likely to go well for him, ranging from the extremely high cost of network build-outs, to the […]

“Trump Media interim CEO Kevin McGurn on Monday defended his company offering faster access to President Donald Trump’s Truth Social posts, and said more customers have signed up for the pricey and controversial service,” CNBC reports. Said McGurn: “We’re getting into the mid-teens now, and we’re climbing.”

“President Trump will head to Ireland next month to visit the U.S. embassy and celebrate the Irish Open at his Doonbeg golf course,” the New York Post reports.

Good morning! I hope this morning dispatch, focused on the latest updates about ongoing TPM storylines, has been useful. Starting...

Opinion columnist Karen Attiah won her arbitration against the Washington Post. They are ordered to reinstate her and pay full back pay. The Post fired her almost a year ago for her remarks in the wake of Charlie Kirk’s murder.

Oddly, I had to change my username. Trying just my first name for the username never gave me an error message or email, but adding more characters to the username did. 🤷‍♀️

“The Justice Department was preparing to wage a legal battle more than a decade in the making against the world’s largest concert promoter. Then President Trump called,” the Wall Street Journal reports. “Settle it, the president told a senior DOJ official, the official later told associates.” “The intervention was bizarre. The antitrust trial against Live […]

Heybike is expanding into a rather different corner of the e-bike market with the launch of the new Heybike Titan, a full-suspension, moped-style electric bike that can be had with either one or two batteries.

And perhaps just as importantly, Heybike is coming out swinging on price.

When Anna's Archive suffered widespread downtime earlier this month, many users feared a legal crackdown. Instead, the site was reportedly targeted by a coordinated assault on its network infrastructure. Just as it did after facing $340 million in damages and losing several domains earlier this year, the Archive quickly bounced back.

From: TF, for the latest news on copyright battles, piracy and more.

The Editorial Board: How much is Natalie Harp shaping world events?

Constant Commoner: FDR Democrats – going back to our roots.

Pharnygula: Where should Paloma Duffy go to college?

Middle East Monitor: Attacks on Muslim American candidates.

Alas, a Blog: Can we call it fascism yet?

This installment by Batocchio. E-mail tips to mbru AT crooksandliars DOT com.

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You probably saw last week’s headlines suggesting Joe Biden may have only months to live. Well, Hunter told us how that way "blown way out of proportion" and walked us through what the diagnosis truly means: stage four prostate cancer, treated successfully with radiation. ...

Adobes and Shed, New Mexico, 1925 #newrealism #edwardhopper