NEW: Most Supreme Court Rulings Are Secretive Votes With Little Justification ProPublica conducted a new analysis that shows the court is deciding more consequential rulings than ever before in largely unsigned orders with little to no explanation.

Trump made more than $1bn from crypto in first year back in office www.bbc.com/news/article...

ICE releases Texas nun intercepted walking to church dressed in her habit www.theguardian.com/us-news/2026...

NPR retracts the Alito retirement story. Major mistake in publishing www.npr.org/2026/06/30/n...

My guess is that the spectacle around Alito's replacement will drive turnout in the midterms up - and not necessarily just one party's side.

War is peace and up is down too

The October 2024 cover of The Economist:

Doorbell cam filmed Tesla Autopilot crash that killed woman in her home arstechnica.com/tech-policy/...

My take on Warsh yesterday: the bond market reaction is proof that a more hawkish tone can help lower long-term yields. 30-year Treasury yields are now 3/10s of a percentage point lower than their May high as expectations of rate cuts have turned to rate hikes. /1

Basically, Trump was defeated: "President Donald Trump and his team had several red lines that they used to justify the US war against Iran. At a press conference on Wednesday, Trump largely brushed them aside." www.bloomberg.com/news/article...

“Just 36% say they approve of Trump's overall job performance, while 59% say they disapprove, which is the widest gap Trump has faced during either term in office.” www.npr.org/2026/06/18/n...

“New Yorker writer Ben Taub says while the idea of acquiring Greenland is out of the headlines, it hasn't been dropped.” www.npr.org/2026/06/17/n...

“Elon Musk has exercised the entirety of his 2018 Tesla (TSLA) CEO pay package, acquiring 303,960,630 shares for a paper gain of about $116 billion, according to a new SEC filing.” electrek.co/2026/06/17/m...

"So ... so I said ... why not sign your treaty here, at Versailles?"

Why the Reflecting Pool Is Full of Algae After Trump’s Renovation www.wired.com/story/reflec...

NEW: officials inform the court that Trump’s name has been removed from the Kennedy Center.

This post by @pkrugman.bsky.social has me thinking about AOL Time Warner. Not only does SpaceX's IPO give Musk the currency to buy Tesla, it gives him the currency for a hostile takeover of a profitable company too paulkrugman.substack.com/p/elon-musk-...

Grok Is Still Hosting Sexualized Deepfakes of Famous Women www.wired.com/story/grok-i...

The SpaceX IPO will make Elon Musk a trillionaire. This article will give you a sense of how much more money that is than even $1 billion

You Have No Idea What a Trillion Dollars Is—and We Have Proof www.wsj.com/business/tri...

Trump: "We could walk in there tomorrow. If I wanted to, we could put in a small group of soldiers and take over the whole place. They're finished."

Producer prices for May rose 6.5% from a year ago, data released Thursday morning just showed. That's inflation in the pipeline

Why would Iran negotiate? Trump: "we will be taking Kharg Island, and other oil infrastructure points, and assume total control of their Oil and Gas Markets, much like we have with Venezuela"

"US President Donald Trump said he will continue bombing Iran if it refuses to agree to an interim peace deal" www.bloomberg.com/news/article...

In other news: Rubio and UFC will sign deal to use cage fights for diplomacy nypost.com/2026/06/08/u...

Trump will never live this down: “I love it. The numbers were great. You know what I really love? I love the inflation” nypost.com/2026/06/10/u...

Trump Says US Must Respond to Iran Attack on Military Helicopter www.bloomberg.com/news/article...

For potential SpaceX shorts, this ETF might be interesting to watch

The "official Trump memecoin", issued in January of 2025, has lost 98% of its value from peak to trough. (H/T Peter Mallouk over on the other side)

“That’s so ass,” said Jaelen Davis, a barber and video creator waiting to enter the park. “I know [he’s] not even a Knicks fan. And if we lose tonight we know why.” The Knicks did lose too.

BREAKING: U.S. SPR declines 7.9 million barrels in the last week to 349.2 million as of June 5, meaning that at any moment in the next few days the SPR will decline to its lowest since 1983, when it was being filled for the first time.

12% of the profits of the S&P 500 last quarter came from marking up shares in private startups: "In Q1 2026 alone, just three companies—Alphabet, Amazon, and Nvidia—reported a staggering $69.2 billion in non-operating windfall" baolianwang.substack.com/p/the-69-bil...

With just days left, the U.S. opening match at the World Cup is still not sold out This tournament is going to be a flop www.npr.org/2026/06/08/n...

Call it positive public relations, undue optimism, or market manipulation. The reality is that in an algo-driven trading world, it's nigh on impossible to trade against headlines that keep promising peace in the Middle East

When Trump Jawbones the Market, Bet Against Him at Your Peril "Speculators have just been reticent about getting in on the long side"... One bullish client "feels he's going to be right eventually" but "keeps getting slammed with margin calls" www.wsj.com/economy/when...

Ominous: *ALL FLIGHTS IN IRAN CANCELED UNTIL FURTHER NOTICE: TASNIM

Here come the Houthis. @bloomberg.com www.bloomberg.com/news/article...

This article on Trump thinking he can control Netanyahu from @edwardluce.bsky.social is well worth reading

Trump told me this a couple of hours before Bibi struck Iran. He has turned himself into a prisoner of other people's decisions.

Trump says Netanyahu will have ‘no choice’ but to accept a deal with Iran www.ft.com/content/a0ce...

Donald Trump piles pressure on Kevin Warsh with call for rate cut - as.ft.com/r/53ba5d9c-f...

Israel keeps attacking Lebanon despite ceasefire, imperiling efforts to end Iran war, as risks to the global economy continue to mount.

Israel has reportedly used white phosphorus near Lebanese cities and towns. What is it? www.npr.org/2026/06/06/n...

"More than half of the publicly identified donors to President Donald Trump's White House ballroom project have won new or expanded federal contracts worth more than $50 billion during the past six months" www.washingtonpost.com/politics/202...

Oil industry warns Trump administration of price spikes within weeks www.politico.com/news/2026/06...

Just re-reading this story on "Two Corinthians" from ten years ago for posterity. www.npr.org/2016/01/18/4...

The U.S. military strikes on alleged drug boats have killed over 200 people. The attacks began in September and aim to stem drug flow, but critics question their legality and effectiveness. n.pr/4fldcwJ

We are definitely living in a simulation... *TRUMP NAMES PULTE AS ACTING DIRECTOR OF NATIONAL INTELLIGENCE

$40 BILLION- the cumulative increased cost to American consumers filling with gasoline since the U.S. attack Iran on March 1. The peak 24 hour surcharge was $603 million added on May 20. Today added another $488 million to the tally.

The U.S. Strategic Petroleum Reserve (SPR) is less than 10 days away from falling to its lowest level since August 1983- over 15,625 days ago- a level not seen since the SPR's initial fill-up that began in 1977.